Why do we need a bailout of any kind?

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itsgottagetbetter

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Nothing has changed since last week. Other than wasting 107 more pages of paper and space, the new bailout plan really does not alter the original Paulson plan. Fannie and Freddie already have been bailed out. AIG received federal loans and the Feds are now insuring money market accounts. We are just allowing the government to "fix" home prices through this bailout. Our money will be worth less but house prices will never go down. Wouldn't it be prudent to see if any of these 'fixes" work before throwing billions of virtual dollars around?
 
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