The basic principle of capitalism is the survival of the fittest. Therefore, no bailing out should be performed regardless of how big and important the company. It is much better for the economy of a country as a whole to let the rotten apple fall down than to pour billions in keeping it alive and still having an uncertain future.
And the bigger the company the harder it is to manage. Let's not forget Standard Oil and AT&T (to name only these two), who at their peaks were dismantled by our government simply because they were too big to be effectively managed and of course to dangerously big to control their appetites. It is a fair question weather some of these companies that are demanding help now are really too big of a bite for us to deal with at this moment. Are we getting ourselves into the same predicament we had to deal with at the beginning of the 20th century passing the Antitrust laws and curbing monopoly?
If anything, some sort of help involving manufacturing sector would be better of the two evils. Perhaps, restructuring and cutting off dead weight, will give an example to the rest of potential bail seekers. On the other hand, the infamous $700bn hat trick (helping the sole creators of the present mess) will go down in history as the quickest theft of our national wealth ever. That should not have happened and if it happens again we might kiss our future as a nation of the free good bye.
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