How are we going to trust banks, who mismanaged money in the first place, with new bailout money?
We can never trust the large banks again, they have let us down as well as the government. That is why everyone that knows about economy say we should look for small efficient banks of the many we can find in the different states and in some European countries. Those small banks are not in trouble and have done good business without speculation. The Federal Reserve lost 350Bn that are unaccounted for and they lied to congress. The 350Bn of the bailout money that is still left and included in the stimulus package are to create jobs and bailout homes so people won’t loose them the rest of the stimulus is for infrastructure and more jobs. There is a nice balance to help out the small businesses and to prevent unwanted teen pregnancies with a good birth control program. Then there is what has been assigned for Social Security and Medicare which is still being looked into the government wants everyone to have health care. Not a cent will go to the banks or large corporations. If you wish to