It all comes down to the government not following the Constitution. Read the Federalist Papers, all of the warnings are in there about central banks, fiat currencies, income taxes, etc, etc, etc...... Unfortunately politicians for the past 90 years have wandered away from the Constitution, and the current crop of politicians ignore it entirely. Show me one Congressman (besides Ron Paul) who even considered whether these "bail outs" are even Constitutional. The current mess that we are in goes back before Bush (Clinton signed it into law, and even the NY Times, where all the news that fits they print, wrote an article critical of that law, saying how if there were the slightest down turn in the economy that the banking industry would collapse), when mortages were being handed out to people who would not otherwise qualify for a loan, whether it be income, down payment or credit scores. Then the interest only loans with balloon payments at the end of five years... who could not see that disaster looming? So we had all of these loans out there that could not be paid back, so what does the govt. want to do to fix the problem they created? Of course, print up TRILLIONS of dollars and issue them as "loans" that cannot be paid back. Brilliant!
Obama is going to continue this country down the road of Socialism that our current "chimp in charge" has started us down unless the people take a stand. Doing nothing, and letting market forces take care of this mess is the best thing that could happen. Yes, there will be some pain, but letting the govt. try to print and tax us out of the ditch they drove us into is going to have consequences far more reaching, and far more painful than the former. To those that are willing to overlook the Constitution because "something" has to be done, you are digging the grave for yourself and your offspring. It is time for people to read their history books. What is happening here and now has happened in the past (in other countries), the only difference now is that it is on a much larger scale and it is happening in a country that had a nearly perfect document written to prevent these very things from happening.