I believe that the fed and treasury officials have persuaded (conned) the powers that be that the US must proceed based on the acceptance of two basic assumptions. All else evolves from them.

First assumption: Some things must be dealt with because we have no choice. These are the banks and the financial system. They must be bailed out or else that's the end of everything. How it's done can be debated, but it must be done. There is no other way.

Second: Everything else is up for grabs. There IS choice depending on circumstances. Does the treasury bail out businesses, the states, the unemployed, the destitute, the homeowners, me, you, etc? It could be yes, it could be no. These are not absolutes as with the banking situation. They will be decided on a case by case situation depending on other factors.

Just my opinion. Off to see a high school play.