Regarding the bailout

I could be wrong, but my gut feeling is that this whole bailout attempt is a bad idea. My chief complaint is, why is this the only plan being considered? Shouldn't a problem this enormous have several solutions to discuss? The thought process that "This is our only option" reeks of short-sightedness. Perhaps we need to think outside the cardboard container. Jeffrey A. Miron, a senior lecturer in economics at Harvard University, provides a different point of view in this op/ed piece which frankly, seems to make more sense to me.

After eight years of bad policy, my litmus test is as follows: If George W. Bush thinks it is a good idea, then it most likely is a bad idea.

Perhaps this is our wake up call to stop living beyond our means. The US government needs to start leading by example, and start finding ways to pay down the national debt, not keep adding to it. Perhaps for us citizens, a jolt back into reality, and not a new big screen TV, is exactly what we need.