The government has to increase regulaion and oversight of the market, hold those responsbile for the failure accountable for their mistakes. For some people, properties can be forfeited and jail time handed out if wrongdoing is found. CEO pays must be curbed.
All these will restore fairness, discipline, trust and confidence in the system and gives everybody a chance to start anew.
But in the short run, the bailout can buy them time. And for the political and corporate elite, short term gains are all they care about. This gives them an opportunity to escape with their billion dollar golden parachute. The bailout will not solve any of the structural problem, it will only make the problem worse and we can know for sure the next crash will be much harder and there will be no way out. But for Bush & friends, they won't give a damn since they will no longer be there anymore. The blame is left for somebody else in charge at that time.
All these will restore fairness, discipline, trust and confidence in the system and gives everybody a chance to start anew.
But in the short run, the bailout can buy them time. And for the political and corporate elite, short term gains are all they care about. This gives them an opportunity to escape with their billion dollar golden parachute. The bailout will not solve any of the structural problem, it will only make the problem worse and we can know for sure the next crash will be much harder and there will be no way out. But for Bush & friends, they won't give a damn since they will no longer be there anymore. The blame is left for somebody else in charge at that time.