>>You are so angry!
>>
>>Yes I am. But the question is why aren't you? Are you aware that the FDIC may be insolvent in another 6 months? So why the heck are we throwing billions of our hard earned tax dollars at AIG, CitiGroup and GM instead of using it to shore up the FDIC so that we can protect the inividuals from whom the government has taken these billions?
>
>I think we've glossed over a crucial moment too quickly. Remember a couple of months ago when there was a vote on the first bailout? When there was a general anger and hundreds of thousands of people were writing to their representatives to vote against? And they did vote it down... only to vote for it a few days later. Why? What changed? The people's anger petered out in these few days?
>

If you are referring to the Bush/Paulson Sep/Oct bill, the market plunged over 777 points on news that the bill failed. A UK bank was nationalized. A Dutch bank was given 16 billion, a German bank got billions, and Wachovia was teetering. That got people's attention. Congress got back to making legislative sausage.

Following the House vote, the Dow Jones Industrial Average dropped over 777 points in a single day, its largest single-day point drop ever.[144] The $1.2 trillion loss in market value received much media attention, although it still does not rank among the index's ten largest drops in percentage terms. The S & P lost 8.8%, its seventh worst day in percentage terms and its worst day since Black Monday in 1987. The NASDAQ composite also had its worst day since Black Monday, losing 9.1% in its third worst day ever.

This is a very well done show... Inside the Meltdown

http://www.pbs.org/wgbh/pages/frontline/meltdown/view/