Lots of people feel like the bailout was a bad idea. But that's just because they don't understand economics. Here's the basic rational for the bailouts:

Sometimes, due to tribulations in the economy, people start to worry about losing their jobs. They start to save their money instead of spending it. Because people stop spending money, businesses sell less products. Because businesses sell less products, they make less money and end up having to lay people off. This causes even more people to cut down on spending, causing more businesses to have trouble, etc... a downward spiral is formed.

How do we break this cycle? Well, if the people won't spend their money, the government does it instead. By injecting money, the government is able to keep the economy's gears turning. Once the economy gets moving again, people are willing to spend more, investors are more willing to invest in new companies, thus creating more jobs, and eventually we have a positive cycle instead of a negative one.

This is the fundamental insight of Keynesian economics. This is not just some wacky theory, but one of the cornerstones of mainstream economics.

Obama has stated that he wants to reduce the national debt. But before we can do that we need to turn the economy around. And that requires lots of financial stimulus.

No way. If it's a capitalist society then any company can fail, and if they suck, then they should fail. If companies can depend on government handouts to stay afloat then whats the point of innovating or sparking new ideas. If I can get a bail out for my horse and buggy then, I sure as hell won't spend the money on inventing an automobile. And even if I did build an automobile. If my car gets 2 miles to the gallon and nobody is buying it, who cares, I'll just get some bail out money and keep making them. This bailout is one of the biggest travesties played on the American Public. The rich got richer on the backs of the working class. The disconnect between the people and the kings is more obvious than ever. As a direct result of the so called stimulus, a large company was given money to purchase my company. They used their money to lay off 20,000 people. How the hell did that help anyone? It didn't, it only served that top 4% of the wealthy, and screw jobbed the rest. I managed to dodged the bullet, and got a kick ass 1.2% raise. Down from my general 6 to 8 %. I know I feel stimulated right in the bung hole. I hope anyone who voted for this gets gang raped in hell, they earned it.

if he would've signed it imeadiatly it would've been better but with how long he took to visit and make a party out of it which was such a waste of time he should never of rushed it through to get made then it would address the problem rather than through money at it if a crack was found in the hoover dam duct tape even with its ungodly abillities would not do the trick so if he was in a hurry to have it he should've signed it on congresses steps but he took so long he might as well of just let it become law without signing it