If the government really has that much of our tax money to give away, why don't they give it to the Americans who are losing their homes because of these bad mortgages? I'd rather they have it, and pay off their mortgages. Then the mortgage companies would have their money back, and they wouldn't have to fail. Crisis over. AND the people get to keep their houses, which is always handy.
Instead, the Treasury wanted to go ahead and let those folks lose their houses, and give the money over to the companies who are foreclosing on those houses. You know, the ones who GOT the houses, when the people were kicked out of them. I know the houses were overvalued, but hey, why should those companies, and the companies behind them, get BOTH the collateral and the cash?