Call it what you want "bailout" or "rescue" it doesn't change what it is........ The 700,000,000 dollar BAILOUT (seven hundred Billion dollars)of Wall st. will not solve our problems! The other lenders that are near collapse are all ready linning up with the expectation that they too will get bailed out by our tax dollars. The auto industry and credit card companies are just waiting, then they too will put their hand in our pockets. They will say, "why not them"? If we bailed out the mortgage industry then they should receive the same. That will double, at the very least, the amount needed to keep our economy from collapsing or in reality from (further) collapsing. There should be no bailout! Let the cards lie where they fall. The private sector will eventually scoop up those companies at pennies on the dollar and then and only then can things start to stabilize! The "Oracle of Omaha" Warren Buffet has all ready started the process by buying 5 billion dollars of substantially devalued Goldman Sacks stock. Let those who have holdings in the very companies that caused the problem take the fall! FYI- All those still lucky enough to have over 100,000 dollars in banks and feel safe because the FDIC(Federal Deposite Insurance Corperation) is there to "insure" you wont lose your money. 11 regional banks have failed and now the largest bank ever to fail in history, Washington Mutual, has also tanked. This has brought the FDIC close to a point where it can no longer guarentee your funds are safe in ANY BANK! They haven't broadcast that because if they did, then pandamonium would break out and it would lead to a "run" on the banks. It is sad day when the best and safest place to have youir money is in a shoe box under your bed. Ponder the possibilities. Then you might just want "to sleep on it"! Here is a stock tip- Find a publicly held company that builds safes. Yes, safes those heavy duty "self storage" facilities for your valubales. More and more people will begin to literally take hold of thier own finances. Some will purchase hard assets like gold or diamonds which they will need a "safe" place to store. Investing in "safes" might just be your "safest" bet.