There seems to be some alternate options on the table: Some a little more palatable.
`````````````` Also, rather than provide $700 billion upfront, as Paulson initially requested, Congress would approve the funds in stages. Under one approach, $250 billion would be made available at once, with the president able to certify the need for an additional $100 billion on his own authority. The final $350 billion would become available with a second presidential certification, although this time Congress would have authority to block... `````````````
Ultimately, I think they rob Americans for 700B+ in one full swoop, but at least they are making it (appear) like a swindle rather than an outright mugging.