Bailout finalized

This all depends....some years back the government bailed out Chrysler Corp...the Government actually ended up making money out of the deal.

They could with this as well, especially considering that they're basically buying up a bunch of failed mortgages, which means the government will end up owning those properties. At least they aren't getting nothing.

As far as the little guy goes, if it keeps people's banks from going out of business it will prevent people from finding themselves unable to get ahold of their cash until the government basically pays them back via the federal insurance. It may also prevent employers, who depend on credit to make their bills and payrolls during lean times from going out of business and/or laying people off.

Changes do have to be made in the banking industry to prevent this from happening again. They were allowed to do a lot of stuff, like combining these sub-prime mortgages with other investments which helped contribute to the problem in the long run. That has to be eliminated. Also, the constant pressure on these loan companies to make higher and higher profits and take more and more risks has to be eliminated as well.