I just Hope

That wrapped into any major (100 billion +) bail-out of Wall Street includes some regulation in addition to heaps of taxpayer money.

Whether or not the bailout is prudent or just a huge waste of American tax-dollars is beyond me (and, I imagine most people). So, I have no strong objection to the bailout – but money without regulation will just hint to the same people who created this situation that ultra-risky plans are a good idea – if they work, they get lots of money and if it fails, well they get a lot of money. Win-win, right?

While we’re at it, how about tossing in some credit card reform, ceiling on percentage rates, some regulations regarding how/why rates are increased, more free access to people’s own credit reports, and some reasonable limits on bank and credit charges?