Is this complicated?

If the credit markets fail entirely, some bad things will happen.

Consumers won’t be able to have credit cards (including the ones they already have).

Consumers won’t be able to borrow money to buy a car or truck. Neither will small businesses. Or large ones.

Students won’t be able to borrow money to go to college.

Large companies who have short-term debt (aka “commercial paper”) won’t be able to get new short-term debt and they will default. This will cause them to fail. They will then lay off a lot of people. Note: Most large companies have commercial paper.

Look - I get that people are angry at Wall Street. I am angry at Wall Street. But to view what is going on right now as a “bailout for Wall Street” at the expense of “Main Street” is asinine. Without the things that Wall Street does, Main Street doesn’t function. It might annoy you that Wall Street is full of overpayed douchebags who think they’re the masters of the universe. It annoys me. But recognize that this is way WAY past helping out the Wall Street firms.

This is all just confusing and simply doesn’t sound good. My solution is why not just print more money? :P