Secretary Paulson just threw out "tarp"--the 700 billion dollar bailout bill that was rushed through congress, while we we're being told it had to happen or everything in our world was going to collapse overnight. Since the bailout was approved the stock market has kept falling. Why? No confidence. The "tarp" or 700 billion dollars was to buy "toxic" mortgages from banks--so that it would free up money for banks to loan out to US. Well, this plan has gone out the window. Now the federal government is going to shore up consumer borrowing for new cars & (get this) credit cards! Now, I don't know if you all remember, but we were all scolded last year for using our credit cards too much! Our goverment stated the typical American family carried too much credit card debt! Today, they want us to use our credit cards piling up huge amounts of more debt, & by the way while you're at it, go out & buy a new car. Now, they're all up there on Capital Hill talking about bailing out the auto industry in this country. Well, I have just one question. What if we, the American public, really do not want to buy a new car? What if we're O.K. with the ones we have already, (hopefully) the ones that are paid for? Did our government ever think of that? Apparently not. It's not that the banks are not loaning out money, or that they don't have enough money, it's that WE--the American consumers are not borrowing any money. Americans have dramatically reduced our spending, we have tightened our belts. So someone please explain to me, how will throwing billions of dollars at the auto industry help them, when no one is buying their product? Americans are loosing their jobs, their homes, their life savings--& our government wants us to spend, spend, spend. I am no Harvard economist, but it would seem to me, that if our goverment was truly interested in getting this economy up & moving,--they should give us (the taxpayers & bill-payers of this country) the bailout money & YES--we would spend, spend, spend our way out of this economic mess. Some of us would even buy a new car. It appears to me, that our goverment does not trust the taxpayers & bill-payers of this country to do that. So they instead prefer to give it to the exact same people who drove their industries into the ground in the first place. Where is the common sense in that? Your comments?