Earlier quoted context omitted.
Don't take it out on socialism! Under those principles, the banks either would not have existed in this form in the first place, or been allowed to go bankrupt just as you suggest. What happened with the bank bailout was pure capitalism, the banks simply bought the government!
Tea Party members voted against bank bailouts. Not democrats, not old-republicans. My point is, yes, you can buy democrats and some republicans to vote in favor of more government spending. But you apparently can't buy them all to do it. During cold war you could try to buy Moscow communists as much as you wanted so they allowed you open bank branch in USSR, but this would never happen. You can try buy guys like Ron…
Add to that the fact that no ordinary citizen directly voted for the bailouts, how can you blame this on the voter? The problem is not the voter, but the system.