Paying the Fox

After studying the $700-billion Wall Street bailout proposal the last couple of days, I think it would be a big mistake.
The idea of giving greedy Wall Street people more money to throw around, after these same greedy bastards got us into this mess, is misguided, to say the least.
It would be like paying the fox to eat the chickens.
There is a good cartoon in this morning's L.A. Times that says it all.
Here is a link:
http://www.latimes.com/news/opinion/la-oe-paulson26-2008sep26,0,503658.htmlpage
(copy and paste into your browser address bar)

Remember that Hank Paulson is a Republican, and he's from Wall Street, and he spent 32 years at Goldman Sachs.
Naturally, he has a Wall Street bias.

Sweden had a similar problem and did a good job of fixing it.
Here is a link:
http://www.nytimes.com/2008/09/23/business/worldbusiness/23krona.html?em

The Swedish government took an equity position and recouped some of its losses through taking profits from the companies after they recovered.
That's what we should do, or something very like it.