A strong majority of the public is hopping mad (of every political stripe) and calling their representatives' offices against the bailout. There is no real argument that the American people, at least as a gut reaction, don't want this bailout.
But, we have to remember, I don't know-- and maybe most of you don't know, either- what the full ramifications of doing nothing would be. Myself? I feel that they would probably be bad but I still wish we could just suffer through them if only to teach wanna-be monopolist crybaby capitalists a lesson through all this. But, I do also believe that the people most responsible will not suffer AT ALL, and it will be most of us normal people who suffer, no matter what we do.
I freely admit I have no idea what would happen if we don't bail them out. I just get the vague sort of impression it would be bad, but very little hard facts about what exactly would happen.
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