Another good quote

"Financial markets need governments to set rules for them; and when markets fail, governments are often best placed to get them going again. That’s pragmatism, not socialism. Helping bankers is not an end in itself. If the government could save the credit markets without bailing out the bankers, it should do so. But it cannot. Main Street needs Wall Street; and both need Washington. Politicians—and President George Bush is the most culpable among them—have failed to explain this."

An explanation of the bailout. I think people don't really understand how inter-connected every part of our economy is. And also, the growth of the last twenty years or so has lifted more people out of poverty than any government program ever has.