I hope they never vote to bailout Wall Street. We, the tax payers should not have to pay for other people’s mistakes. Serious repercussions should be put onto the CEO’s who got to greedy and didn’t look after their company’s interests. Representatives who vote for this bailout should be voted out of office on the very next election. The markets will readjust themselves with the governments help. Yes my 401k will take a hit, but that is still better than paying for this mess for the next 30 plus years.

A poll would be interesting, but like most polls on here, it would be skewed by people voting multiple times, and the sample demographic would also be skewed. Most national polls taken have showed 60-70% opposed the bailout. Calls to congress were OVER WHELMING against it.
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Oddly it has brought the EXTREMES from both sides to oppose it. Micheal Moore and Rush Limbaugh both strongly opposed it! Now what are the chances of that ever happening? Of course the left has different reasons for opposition then does the right. Nevertheless I think it's clear that this failed because MANY in congress were scared they would not be re-elected if they voted for this.

On a completely unrelated note, why is the Gazette using a manipulated image as the headline image for this article?

They screwed our country into the ground with cheap credit, and endless money printing. Now the SAME PEOPLE are asking for almost a trillion dollars from the Citizens to DO THE SAME THING. Still want a bailout? Of course, we'll have to wait until after Rosh Hashanah for them to get back to "work". After their vote they can all vote themselves a healthy pay raise. Hopefully everyone is enjoying their day off too!

I'm hearing mixed thoughts on this. I'd love to see the Gazette do a poll asking whether Janesvillians support this bailout or not.

Do I accept that something bad might be coming? Yes. Do I accept that the government should give the biggest give-away in history in order to rectify this problem, even when economists say that it is likely not to work? No. If we're going to spend what would be with Fannie M. and Freddie M. a trillion and possibly more dollars, I'd rather see it spent on improving America's infrastructure or on inventing new energy resources. The latter would offer jobs, including jobs in the midwest, whereas the bail-out of Wall Street will help the rich easterners, who were the ones who got us into this mess. No bail out, I say.

I agree with the nearly universal opposition to the Paulson plan, although there were many on both sides who obviously thought the revised compromise bill was at least palatable. I would still prefer to see a "nordic-style" plan based on the 1992 Swedish bank nationalization, which is viewed favorably by economists, and is not that different in principle from the AIG takeover that Secretary Paulson was able to engineer using existing law. Perhaps a major stabilization effort is needed, but I cannot condone transfering so much money and power to a cabinet position, especially as a rush job, and especially when action taken last spring might have averted some of the damage. Paulson's reputation has been seriously damaged by these events.

"Baldwin raised the specter that small businesses wouldn’t be able to get loans and meet payroll, so people wouldn’t get their paychecks."

This statement demonstrates Baldwin's utter lack of understanding. Baldwin is stoking the fear of small business failure due to a lack of credit. She does not understand why the bill failed? It was a lousy bill. There were enough democrates in the house who could have passed the bill without a single republican vote. This is failure by Nacny Pelosi and those who want to load this bill up with pork-who are primarily democrates.

The ACORN slush fund must be removed-something democrates do not want. Second, the so-called union proxy to run a slate of corporate directors is a big problem. Third, all profits from the Treasury rescue mission must be used to reduce the national debt — 100%.

What is needed is a cleaner bill, absent the pork. Keeping tax rates low, holding back cheap-money inflation, strengthening the dollar and building a more effective regulatory structure that does not stifle free enterprise is what will promote long-run economic prosperity.