Let's hear what you think

For my money, I believe that the problem is credit and liquidity.   Banks need to get back to offering loans to people and business.  Rather than a bailout, the Fed can secure new loans to solvent banks, infuse cash, offer lower rates to the banks, and regulate so bad loans aren't made again. We need to get things going.

Sure that won't help the banks saddled with bad loans or the homeowner that is being repossesed.  But isn't that how a free market is supposed to work?  Banks will go under and new ones will rise to take their place.  Homeowners that couldn't afford their homes would live within their means, home prices have and would come down to earth, and the taxpayer won't be the one holding the bag.

-Rick