Not another bailout plan...

Do you think the bailout is worth it? To many different millionaires the sound of this bailout brings music to their ears. Many of them fear that they would lose their comfortable style of living. However, this isn't the case for 80% of America. Middle to lower class citizens are outraged at the over whelming response to this crisis and to how fast this country responded. With the near collapse of the major financial lenders, FANNIE MAE and FREDDIE MAC, the country is beginning to see a trend in the construction of bailout plans. The average American in today's society has no clue as to what it means to be invested in the stock market, there for feels no direct effect of the stock market crash This bailout gives many financial institutions an excuse to rely on the government and not themselves to correct this problem. Experts state that if there is no other option for these companies to correct their problems then this bailout plan may work well in their interest. Though, it may benefit companies to come up with other ways of fixing their situation instead of waiting on a lengthy process and following procedures which waste tax payers money, they still want to rely on the government. Large companies, like JPMorgan, feel as though everything is based on credit. To many, credit is based on trust and establishing trust in the credit system will get their company back on track, which is why they are denying to use the bailout plan. I feel as though people should be held accountable for the thing that they do. If the U.S decided to create a bailout plan for the rich then there should have been a bailout plan years ago for the poor. I do agree with the idea that companies have the right to find ways to bail themselves out, which uses less tax payer money.