You want to know just how far the republican party has departed from the philosophy of economic conservatism under George Bush, look no further than the 2008 republican party platform. Lee over at Right-Thinking absolutely nailed it. The platform clearly states:
We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all. We encourage potential buyers to work in concert with the lending community to educate themselves about the responsibilities of purchasing a home, condo, or land.
If you are represented by a republican in Congress or the Senate, you should rub his nose in this statement like you rub a dog's nose in his own steaming pile of crap. Then tell him a vote for this bailout bill equals a lost vote by you for him in his next re-election. That's exactly what I did today.