I have to admit, I'm not sure what to make of the recent bailout / financial crisis. There are many folks whose opinions I have read and respected in the past that are disagreeing on this. On one side are traditional conservatives like Rush Limbaugh (link here) and local Libertarian radio talk show host Jeff Ward that feel that this government intervention is socialistic and should be avoided, and they praise House Republicans and Democrats who did not support the measure.
On the other side, there are folks like Adam Bold, who I rely on for advice with mutual fund selections in my 401k. I've learned quite a bit from his radio show, and he typically does a good job of explaining difficult financial concepts with good analogies. Link here for a segment from his radio show talking about the issue. His take is that we're at risk of a major financial shutdown in credit (which many businesses need to operate daily) that will hurt all Americans, not just companies who made too many risky / bad bets on subprime mortgages / CDOs / etc.
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