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I'm not a big fan of it myself. We have a major problem and we need a solution to this problem. However, i'm not convinced this bailout is the solution. I liked the first bailout much better. With that been said I'd rather have seen a bailout that was focused on the bottom instead of the top. Something along the lines of letting people apply for mortgage relief. Approved people would then get their mortgage subsidized but would have to pay back the subsidy in the future. Obviously the government wouldn't get back everything they dolled out but would at least get back a lot of it. Also most of the people who are facing foreclosure would be able to avoid it and the banks would get relief on their bad debt in a "tickle up" economics system.
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