Rush Limbaugh's site has a great piece putting the cost of the bailout against other great government expenditures over the years. It's definitely worth a look.
The point of the article is that today's bailout has been calculated only up to $4.6 trillion and has already cost more than all of the following government expenditures combined: The Marshall Plan. The Louisiana Purchase. The race to the moon. The S&L crisis. The Korean War. The New Deal. The invasion of Iraq. The Vietnam War. And NASA.
The new debt the government is taking on is eventually going to be crushing. We don't even have the funds to pay interest on the debt. The Russians are predicting a breakup of the union. The Chinese keep buying the debt to hold as leverage. Obama better be the miracle worker because things can't continue to spiral the way they are now. Everyone running to Washington with their hands out and there's not money to go around. Businesses need to go under and it will be a rough go. But by continuing to try to save everyone, the government is going to extend the pain for generations to come. Do you really trust the government to save the economy? I wouldn't...only free enterprise can right this ship.