This is now truly the battle of the bailouts. Let me explain...
As a conservative, I was shocked by the bombshell of a proposal dropped today during the debate by McCain. He proposed having our Treasury buying up either all or some of the bad loans of our housing market. The amount was said to around $300 billion. WOW! McCain went total populist very quickly! Yet it is very important to think in terms of what is at stake.
       Obama stated that "healthcare is a right." How can you reeducate the masses in less than 30 days? OUR founding fathers would have tarred and feathered the junior senator from Illinois for that irresponsible statement.  It is clear that Obama is set on increasing the size of the nanny state, and we as conservatives have been caught flat footed because of our lack of vigilence. Populism is strong, and Obama is harping on these emotions. Due to our principles we are caught in a moral dilemna. YET McCain, delivered the line that might give him the election if he keeps voicing it repeatedly. He will be attacked by conservatives no doubt, but he is doing damage control against the populist wave. I would rather give up $300 billion dollars for buying up housing loans which in turn will reestablish our economic system from both the beginning of the problem all the way to the end at the investment bank level, than just keep handing out Obama signed, black checks to a Treasury which could potentially be under Democratic control. Let us remember how this financial disaster started. Tonight Obama used the word "affordable" repeatedly! Affordable is code for subsidized, code for goverment mandated, code for anti-free market, code for the perpetuation of what reeks in our federal government.

Let's compare the proposed bailouts. Remember a bailout is essentially taxpayer money.
Obama believes in the current bailout, plus keeping the Fannie Mae, Freddie Mac Affordable housing structure-- who knows how much that means more.
Also a nationalized health care bailout, a college cost bailout, a Georgia rebuilding bailout. According to McCain this means Obama will have us taxpayers spend $890 billion plus the perpetuation of medicare, plus the perpetuation of social security and the ignorant application of green technology without American business global competition in mind.
Now lets compare against McCain's spending proposal. $300 billion for the housing loans which means we can now have our markets stabilize themselves again. Now add this necessary evil to McCain's proposed  surgical approach to killing the bleeding from Medicare, Social Security, the refusal to conceed health care as a right and to nationalization, plus the eradication of Fannie Mae, and Freddie Mac. CONSERVATIVES unite and take the bitter pill! Imagine, we can pay $300 billion dollars to save our economy but at the same time kill the virus of Medicare growth, Social security burden, the socialization of health care. WE can save more than just the housing economy, we can save our entire system by being smart! If we can see the high stakes of this political game, we can be victorious in November by appearing populist but in reality we are given the pass to finally slash programs that has contributed to our federal disease. All we have to do is advertise that McCain will buyout the housing loans, yes it hurts, yes it stinks but in the end we will achieve our conservative mission and that is to remedy the federal government of its ill. We can go in and attack social security, Medicare, and any other proposed spending that Obama would enact if voted in.  Let us unite behind this genious solution!