What should Congress do about the bailout plan for the nation's financial industry?

If the large financial institution go under, we'll be close behind. Open up your eyes people and THINK.

I don't like this $ 700 B trickle down economic bill for the banks. Instead of buying junk assets from banks - and believe me, they'll stick it to us - the government should provide capital to banks in exchange for PREFERRED shares of stock. We should get terms similar to what Warrent Buffet would expect as a return....so the tax payers don't take the hit.

In addition, the gov't MUST inject a pile of money into the FDIC to solidify the deposits and to get everyone to cool it - stop panicking and withdrawing your money. The insured ceiling should be raised to $ 500 K from $ 100 K.

Finally, this bail out needs to help community and regional banks. Paulson's primary focus have been the big national banks - that won't be as helpful to the local housing market. We need the local banks to be operating.....not just the big greedy one's in NYC.

Folks need to study history. If they do not study and remember history it will repeat itself -----THE GREAT DEPRESSION, Part II

The bail-out should be for the poor people who hold a mortgage. Why help the bank who have only helped themselves. It is up to our government to gurarentee the payment of loans taken out by these loan sharks who now want help.

Why should the government (the public tax dollars) go to cover peoples debt that can not afford to pay. The banks should not have loaned money to people that could not pay. I see enough tax money helping these lazy no good for nothing people that are afraid of a little work. If you dont make enough money with 1 job work 2 it is not my fault you cant afford your payments. The banks should be the one to take the hit they took the chance and lost. I took a mortgage that I could afford with out having to work a lot of over time and if something were to happen I would have time to decide on different options, Maybe I should have others pay for me just like the banks and the ones that cant pay there payments.

No Bailout! The decisions that will be made this weekend matter not just to the prospects of the US economy in the year to come. They will shape the type of capitalism we will live in for the next fifty years. Do we want to live in a system where profits are private, but losses are socialised? Where taxpayer money is used to prop up failed firms? Or do we want to live in a system where people are held responsible for their decisions, where imprudent behavior is penalised and prudent behavior rewarded?

the big companies that collapse will be replaced by new companies because the demand for credit will still exist.

Just a few words..... I am 100% against the bailout. There is too much consolidated power in this plan. When reading this plan, it's like driving in dense fog. In my view the looser here is the taxpayer. It's full of suppositions and very few facts. To put it bluntly, it stinks!

Let the market take care of itself. Its a correction process like the housing market prices, the mechanics of which had been forewarned months ago but ignored by Washington politicians sitting in various monetary committees and chairs and turned a deaf ear instead.

The drop that occurred yesterday seemed large, but the percentage was not. And the rebound has already started.

After the dust settles, congress should take a look at it and see what the real causes are, who abused what laws and policies, and then correct the laws, policies, and causes via legislation.