Main Street and Wall Street

Banks are being bailed out, and I realized it not entirely their fault; the government needs to step in with some measures to help people who want to stay in their homes. Not everyone was irresponsible in buying what they couldn't afford. The point is fact is there are other factors like job loss, high fuel costs, and price increases in just about every goods and services which has been a contributing factor in people getting into mortgage trouble. The ripple effect throughout the economy is hitting more than we have seen yet. My feeling on the government bailout and the way it's being handled by the treasury is going to faulter and cause horrendous problems in the near future. A depression is not out of the question.

As far as the auto industry goes, yes they probably need help but so many people's credit who won't be able to by vehicles. Yes it's going to hell in a hand cart, and nobody but the ones left with decent credit and the wealthy will be able to buy vehicles. The economy cannot survive when so many folks will be basically "out of Service". Concessions are going to have to be made to bail out Main Street as well as Wall Street. There may not be two sides to every street, but in the case of our country and it's prosperity, help is needed on "All Streets".