Meanwhile, Congress got told "NO" by the voters... and it looks like not bailing out the companies that made bad investment decisions hasn't turned us all into pumpkins... yet. Freeing up the credit markets will have to happen, but it will have to happen a different way... perhaps even by the markets valuing things as they should be valued ???
Really, trying to ram a bill with $$$ being the only answer likely wouldn't have convinced the markets anyway...
How about first identifying and fixing the source of the problem as part of the package ?
It is inevitable that there will be inflation... and while inflation is bad for almost everyone, it is a less bad result for some than others... and it is perhaps a vastly better result than an excess in deflation.
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