Rick Santelli's recent wall street rant where the brokers and dealers on the floor of the Chicago Board of Trade shouted agreement with him that they didn't want the economic recovery money going to bail out people on the verge of foreclosures shows that wall street still doesn't get it.  They still believe that the purpose of people is to support the big corporations in any way they can so the guys at the top and the bankers and brokers can reap the rewards, live in multi-million dollar mansions, ride around in private jets, and take six-week vacations in St. Barts or Monte Carlo while the millions at the bottom of the corporate ladder are living pay-check to pay-check and taking two-day vacations at the nearest lake.
    Well I for one have to disagree with Rick & friends.  The purpose of the bailout is to help the American people.  That may mean helping the banks and corporations recover and it may not, but the people should come first.  Let's not forget that most of those people in trouble with variable rate mortgages choose that path to financing at the encouragement of banks, mortgage companies and real estate agents who wanted to sell as much real estate as possible at the highest prices possible to benefit themselves with no regard for the potential (now realized) problems down the road when those payments went up and people couldn't afford them.