Bailouts are Anti-Constitutional.

When the .gov decides to forgive every individual American who is indebted to the government no matter the debt or the reason for not paying it; then Corporate Welfare might become a good thing.

I am very angry at all of the 545 People in Government right now.
http://the—realist.blogspot.com/2008/08/545-people.html

When we comptemplate giving unbridled discretion to spend money to one man, the U.S. Constitution would appear to be violated.  I would love to have a golden key to the bank.  Suddenly, since I can pay all my friends bills and debts, I would be the most popular and powerful man in the country. 
Why does anyone think that the Republican party will not use this leverage to obtain more campaign money and get all of their slate elected?

I don’t believe that it is un-constitutional (violated IOW) but when you read the document from preamble to the last amendment you get a sense of what it’s about in total. Limited Government, maximum liberty to the people, and state sovereignty are the tenets. So it is surely against the spirit if not the letter. I wish you were right because we could sue and there would be a chance of it being overturned.

Instead, the commerce clause has simply been inflated…... again. Mores the pity.

I may not remember the exact names, but back in the 30’s
FDR and Congress came up with the Resolution Trust Corp., which bought up bad mortages and enabled the mortagees to pay off their restructured mortages.  The U.S. Gov’t eventually made a profit as these mortages were paid off.  We had a system of regulation to ensure the excesses of buying stocks on margin wouldn’t be repeated.  If this model were followed, then the CEO’s and corporate officers can’t be permitted to use any of the bailout monies to retire or receive any bonuses or options.  I would like to see the F.B.I. find out who lied, when they lied and arrest them for fraud.  Secretary Henry Paulson, former CEO of Goldman-Sachs, wants to mainline the funds to his old cronies and associates.  The Bush policy seems to be to veto any law that caps CEO compensation, or makes limits on bonuses.  When greed and money flood the election process, how are we so very different than the Italian fascists of the 30’s and 40’s?  The bailout is not part of capitalism, but rather corportate socialism.  Head I win, and tails, you lose, taxpayers…

I oppose the bailout period.

I believe that business should be minimally regulated, preferably at the local level vice the fed.

Business should be darwined just like anyone else. I would like to see the various regulatory heads and the appropriate congressional committee members investigated to determine if their action or inactions are criminal.

Of course what I want won’t happen. I mean they have literally found congressmen with cold hard (ill gotten) cash in his fridge and didn’t even get removed from office let alone jailed.

Hmmmm sounds like we are essentially in agreement.