Are The Republicans trying to sink the country into a worse state than we are already in or are they on the right track

Chris Kleponis/Bloomberg News

By DAVID D. KIRKPATRICK
Republicans are saying that we should allow the banks to fail. Why should they let them fail and start from scratch why not save these banks and build on the foundation that's already existing. In an article in today's New York Times by By J. DAVID GOODMAN and BRIAN KNOWLTON two high profile Republican John McCain and Richard C. Shelby claim that it is best that they allow the big banks to fail "Close them down, get them out of business,” Mr. Shelby, the senior Republican on the Banking Committee, told ABC’s “This Week With George Stephanopoulos.” “If they’re dead, they ought to be buried.”
While the Alabama senator did not say which banks to shutter, he suggested that Citigroup might be on that list, saying the bank has “always been a problem child.”
Mr. McCain, appearing on “Fox News Sunday,” echoed that sentiment without identifying any banks. Mr. McCain, who lost the presidential election last November, also accused the Treasury Department of avoiding the “hard decision” to let “these banks fail.” Like with AIG if they Bail these banks out do they have to continue bailing them out Who got AIG's bailout billions? "By Toni Reinhold Toni Reinhold – Sun Mar 8, 8:30 am ET NEW YORK (Reuters) – Where, oh where, did AIG's bailout billions go? That question may reverberate even louder through the halls of government in the week ahead now that a partial list of beneficiaries has been published.
The Wall Street Journal reported on Friday that about $50 billion of more than $173 billion that the U.S. government has poured into American International Group Inc since last fall has been paid to at least two dozen U.S. and foreign financial institutions.
The newspaper reported that some of the banks paid by AIG since the insurer started getting taxpayer funds were: Goldman Sachs Group Inc, Deutsche Bank AG, Merrill Lynch, Societe Generale, Calyon, Barclays Plc, Rabobank, Danske, HSBC, Royal Bank of Scotland, Banco Santander, Morgan Stanley, Wachovia, Bank of America, and Lloyds Banking Group.
Morgan Stanley and Goldman Sachs declined to comment when contacted by Reuters. Bank of America, Calyon, and Wells Fargo, which has absorbed Wachovia, could not be reached for comment.
The U.S. Federal Reserve has refused to publicize a list of AIG's derivative counter parties and what they have been paid since the bailout, riling the U.S. Senate Banking Committee." Citigroup is in dire need of a bailout or buyout Citigroup shares, for example, closed at $1.03 on Friday; two years ago, the stock was trading at $55 a share. This is keeping investors at bay. I will literally cry if they go under i wont say why. As the new appointees took over there post one can't help but to wonder if its too late. Secretary Geithner stated that due to a lack of staffing the process in attempting to rebuilding the economy is slowed down. this id sue to the rigorous background checks that they have to go through. They need to give them some time for the whole process to take effect. This economic down fall did not not happen overnight its been brewing for many years how can they expect it to be fixed overnight. The whole world is suffering i believe things will only get worse before they get better McCain ad your republican Party you did this now that the Democrats are trying to fix your mess you are trying to derail them how can this country get better when out elected officials cannot come together, and come to a consensus for he sake of the people. This is President Obamas statement Mr. Obama made clear in an interview published Sunday in The New York Times that he did not want any of the biggest banks to fail, saying his administration “would take more significant action to deal with those institutions.” “But the point is that our commitment is to make sure that any actions we take to maintain stability in the system, begin to loosen up credit and lending once again so that businesses and consumers can borrow,” he said. “And if they can, then you’re going to start seeing businesses invest once again and you’re going to see people hired once again, but it’s going to take some time.” I said give the man a chance.