The Bush administration has just announced a new plan to spend 700 billion dollars on a corporate bailout plan in an attempt to save the market from its worst downfall since the depression. If this works it will really help the economy by giving the banks more confidence so they will give out more loans than they have been recently, but it all seems too good to be true. Would it be better to make the banks learn their lesson and not give them relief?

What do you guys think of this new bill?