I have always been against bank and corporate bailouts. If the bank is too big to fail, then it was too big to start with and the monopoly laws should have been enforced and broke them up into smaller banks. Same with big corporations. More competition = better prices and better service. Remember the gas wars of the late 60's and early 70's. More different gas stations = more competition. If you remember when Bush asked for the first bailout, congress was in control by the democrats. Almost all republicans voted against the bailouts with tax funded bailouts if you guys remember. The banks should have gone through bankrupcy and their assets divided up for good banks to take over. Same with GM and Chrysler. Instead of the government taking the majority of stock in GM and Chrysler, they should have "loaned" the money and make the go through bankrupcy and a plan to payback the money like Chrysler did when Ronald Reagan was president and Lee Iococa was CEO of Chrysler. Reorganizing, paying off debt, and the government buying Chrysler products for a few years to help out. We could have done the same now and not have so much money invested. The feds can't sell off their stock until it gets up above what they paid for it. It is still about $10 below what they paid per share.
However, even with the fiat currency, and even with the system we now have, getting the economy back on track can be done. There are several ways. I have mentioned several in other threads. Obama isn't going to do it with his pay back to the "white" colonialists, "white" capitalists, "white" christian hate he got from his mother, his mother's family, Frank Davis, William Ayers, his father in Africa, his church for 20 years, communist/socialist idealism. Romney has proved he can turn things around. He and his company helped far more companies stay in business, like Staples, Burger King, Pizza Hut, Toys R Us, etc, than what had to be bankrupted. He turned around a failing Olympica. I was a governor so he has executive experience BEFORE he takes office. So I think he is far more qualified to turn the country around than Obama.