Hear Hear
Found on Rep. Adam Smith's (D-WA) page, as part of an explanation as to why he voted for the bailout package--
"I also want to make clear that significant economic hardship is coming no matter what we do. Our nation has lived on credit for far too long, from the federal government's growing debt right down to average households where we have been collectively spending more than we earned for years. The housing boom only made it worse, enticing people in all walks of life to take on even greater debt with the illusion that the ever rising value of homes would always cover that debt. Wall Street made all of this immeasurably worse with risky financial deals designed to maximize short term profit with no thought whatsoever to long term consequences. Now we all have to find a way to mitigate the damages and begin digging our way out of the mess."
I thought this was very well said.