Commerce & Economics as I understand

Money - Currently the elixir for most of the people across the world. US Govt bail out package approx 1 Trillion USD. UK/Europe bail out packages .5 Trillion USD. APAC Bail out packages .2Trillion USD. Does anyone have any clue about Africa??. Is the bail out packages really required? I have my own views:

1. Govt is pumping in money into those very companies that ruined economies
2. the very ppl who were heading those companies have gone scot free and have been given more money to play around with
3. Actually bail out packages increase the risk for fraud. Sample this: - An leading IT company in India frauds the economy by $1.5B USD, the people concerned are arrested and convicted by the govt. But if the same thing had been committed by 5-10 companies and the amount involved increases to USD 100 Billion, then the same govt gives these companies more money to play with.

So you see, how can we be assured that things will be normal. Already on a daily basis we are seeing hunderds of thousands being rendered jobless. The show just cannot go on. May be its a long term plan (which again may fail) to correct the economy. People are still not spending worrying about their hard earned monies. Unless this situation changes the economic downturn will continue.

On the contrary, if the bail out package is extended to the tax payers as well, then we can actually see the entire machinery in action (not just in place). Commerce and Economics thrive on expenditure and rotation of money (in simple terms). People will start spending their money, may be repaying their mortgages, travelling, buying cars, in all actually circulating the money back within the system.

This is purely my opinion and I may be wrong, but again I cannot be more wrong the most of the Chief executives running those so called biggies on the wall street.

PS: I cud go on and on but wanted to restrict this to the current size.

Cheers,