Use Your Own $1.2 Trillion

Commentators are noticing that the markets lost $1.2 trillion after the House voted down the $700bn bailout.

So what? If the folks in the market want to band together and fund a bailout to protect their own interests, that's great. But why should we take money from taxpayers, many of whom don't own stocks or own different stocks than those that fell, to bail out stockholders? Wall Street and its sympathizers have convinced themselves that their interests are the country's. It simply isn't so. So long as they think this, they'll be convinced that Congress must do something, and befuddled when it doesn't.