Cars like Honda Civics and other economical ULEV vehicles are being sold above value in many markets.  The only good thing to come off all of this is that we are getting the large SUV's that destroy our environment off of the road.  

Not to worry.

TARP stands for Troubled Assets. Car loans and credit card debt fit nicely under the umbrella.

The bailout will save the rich, and you & I could still lose everything.

The two parties should perhaps merge, and be called the RepcRats ???

You must be kidding. Congress is going to stop high pay and perks for executives? These guys are getting big benifits as well. It's called organized crime!!

You all are filled with insults this morning... You've all made valid points and I too disagree with the Bail out plan only because it is not designed to assist those who need it most, "the little people".  I've also read many comments about people who live beyond their means.. Most of which who were able to live within their means until untimely loss of jobs.  All of us rely on someone to feed our financial habits wheter its banks, employers or consumers. What's credit without money to repay it?

Corey--GO STAND IN FRONT OF THE MIRROR>>>>>>>>>>>>>>WHAT DO YOU REALLY THINK>>>>>>>>>>WHO IS TO BLAME FOR BUYING THAT 25K YUKON---DID YOU PAY CASH?....DO YOU STILL LIKE THE YUKON?

IF YOU PAID BY CASH--GOOD FOR YOU..YOU HAVE THE TITLE SO WHY FRET OVER THE VALUE NOW--IF YOU FINANCED A LARGE PORTION OF IT....YOUR TO BLAME RIGHT....DID THE LOAN JUMP OUT AND MAKE YOU SIGN........YOUR PART OF THE PROBLEM THAT MOST AMERICANS HAVE ....THE "I WANT IT NOW PROBLEM"---AND BANKS KNOW EVERYONE IN AMERICA HAS THAT PROBLEM..SO I DON'T FEEL SORRY FOR YOU AND "THATS THE WAY THE BALL BOUNCES" PAL

for me no bail out, why we have to suffer or pay for others mistake and debt. they should not buy things they can't afford. NO BAIL OUT PLEASE

why does the government have to bail out the big-wigs. What they need to do is bail out the taypayers so that we can pay our mortgages, car payments, and credit cards. OH by the way we wouldn't have to ask for help if every thing like gas, foods, insurance had not jump so high.

Back in the day,a man was hung for steeling another mans horse, and what is happening today is far worse. Action should be taken to get back to the old days.

Canadian Pete

Ignorance abound, it should be clear that the failed education system in this country is also a big aid to the current problems of the finicial market. Stupid me I learned in high school that you never use more than 25% of your income for housing. Basic knowledge taught to the dumb baby boomers. Unfortunetly they don't teach such usless information anymore, most young people can't even fill out a check let alone balance it.Politisions and other thieves who never worked a day in their lives pray on such ignorence. Keep poring money into our public school system and we will have more of these situations in the future.After all, every kid knows it is our right to have everything we want and now.

Stop Judging,

The people who lose their house and belongings due to a job loss did not plan or budget correctly.  They spent beyond their means which prohibited them from creating a safety net which would have tied them over during a job loss.  They were caught with their pants down. Had they not purchased  so much they may not be in the boat they are in.

I will admit that there is a population that is suffering due to medical expenses or injury/illness and are uninsured so the liability is on them.  But i don't think that is the group we are targeting here.

One last thing.   Those 'risky' loans were given to people without proof of income, proof of citizenship (illegals) , or credit checks.   Someone should have told them no.