This bailout proposal is a highly convoluted economic situation that was created by corrupt politicians, banking and investment leaders. It is fruitless to look for someone to blame at this point for a couple of reasons.
One, those that created this situation don't care about the poor and middle class Americans that really have nothing to invest except their blood and sweat... they only care about making more money for their wealthy investors and themselves or their businesses.
Secondly, despite their protestations otherwise, the Democrats are equally to blame as are the Republicans for not controlling this situation sooner but also benefiting from donations and payouts from the leading banks that are going to be bailed out. Obama and his campaign have actually received more of their collective money than any other politician. I hate to report that fact but it is true.
Follow me below the fold for the details which are better explained in geodemographics well written explanation of the Democrats support for this bailout.