The Bail Out:Will IT Work?

The bail out will be very costly with dangerous consequences if it dosent work. Its success is a longshot. The only way it can work is if housing prices start going back up and that is unlikely to occur under present economic conditions. In order for housing prices to go up there has to be an an increase in personal income for the average American. And I just dont see that occuring as we continue to lose our industrial base.
Housing could go down even more which would leave the bailout in shambles like a huricane hit it. And the American Tax payer would be out 1 trillion dollars and more importantly there wouldnt be any money left to have a real stimulus package that did have a good chance of succeeding.
Housing and the ecomony should be allowed to bottom before the government steps in with a rescue package. Recessions and Depressions are like a natural cleansing of the system that washes out the dead wood so regeneration can start. This bailout is a waste of money and will only make things worse in the long run