Spot On.
Well, President Obama has signed the bailout bill, for better or worse. You can see some excerpts of the speech he gave for the occasion here.
For a different President’s take on how to deal with a very similar situation, scroll to about 4:30 in this video and watch until the end:
I’m not the biggest fan of Ronald Reagan in the world, but what he says in that speech about individualism rings a lot more true than any of President Obama’s talk about the government riding to the rescue and saving us all from “catastrophe.”

