Bailout Fallout

The U.S. Government's pat answer to every crisis is: throw money at it. I'm pretty sure that businesses like the lending and financial institutions and car manufacturers should be allowed to fail if we were truly a capitalist society. I mean, that's what capitalism's all about right? Survival of the fittest? The almighty dollar? The fact that the government is getting involved in any way smacks of socialism.
And what have the lenders done with the money thus far? One institution in California was able to cancel the scheduled closure of its dayspa (costing over $440K of its monies to keep open) once they discovered that the government was sliding them funds. So thank goodness for that. Other financial institutions canceled layoffs and still managed to get their upper management their paid vacations and perks. And then wound up right back in the same whole they were in.
My uncle is an unemployed schizophrenic that has recently obtained 8 credit cards with absurdly high interest rates that he will NEVER EVER be able to pay off. Through predatory lending practices these financial institutions got themselves into the predicament that they find themselves in. They made their bed, and should lie in it. When my uncle doesn't have the money to pay back his lines of credit--which branch of the government can he approach, hat in hand, and beg for help? Or any average joe citizen for that matter? Who do we turn to when we don't have the money to pay our bills?
When a first-time home buyer applies for a loan, it is the bank that tells him how much he can afford. So he goes for the gusto and gets the house of his dreams that in reality he can't afford. It's then foreclosed on and a limited number of overwhelmed non-profit organizations may or may not be able to provide him with minimal assistance if any. Not the federal government.
When a small business goes under, the fed doesn't step up.
The big problem with every corporation in this fair country is that the people at the bottom can be paid a pittance (even a single person can barely survive on minimum wage) and are expendable-while the guys at the top can't be ousted. There's no cap in place for the amount of money a CEO can make so though a local tire company was closing its plant's doors 5 years ago and hundreds of employees were displaced-the CEO gave himself a $6 Mill raise. He moved the company's manufacturing to Mexico.
What we have left here is a service based economy that pays dick. So wait, the new south-of-the-border employees get paid dick and the employees here make nothing...but the CEOs are rolling in it?
Grab your ankles American workers, cause it's only going to get worse.