It looks like the bailout is coming.

Our congressional brainiacs seem to have reached an agreement on the 700 billion dollar Wall St. bailout. What is contained in the language is yet to be seen.

The term “Main Street” has been used to death and it is used to describe the average middle class American. As one of those middle class Americans, I don’t want to have my hard earned money used to cover the irresponsible actions of a few. Where is our avenue to this money when we make irresponsible decisions?

The average American handles their finances with responsibility because they know that not doing so would put them out on Main Street. There is an overwhelming number of Americans who don’t want this bailout to happen. Wall St. has buried itself in bad debt by pushing and allowing very poor fiscal responsibility. Corporate executives have been raping the system for years at our expense by collecting unrealistic salaries and severance packages. How does $20 million sound for seventeen days of work? That’s what Alan H. Fishman, the very recent and former CEO of Washington Mutual is guaranteed with his departure from the ailing bank. What warrants any one individual the right to compensation of this magnitude? And, why do we have to cover his salary? I say, give him nothing and let him try to go after a nonexistent WaMu.

I have my concerns about authorizing the Fed and Treasury an open door to our tax dollars. We have already seen the mess that has been created because of the lack of oversight and enforcement by the feds over the financial marketplace. What will stop them from creating an even worse situation.

Politics needs to be removed from our financial structure. Our government officials must be stopped from receiving money from Wall St. or the financial sector of our nation’s economy. Those being bought off to look the other way must now be held responsible. Punishments should be both civil and criminal.

Maybe the threat of being locked up would be a better solution than throwing 700 billion of tax payer’s money at the problem.