How We Can Fix a Crisis We Did Not Create

First, understand that we are as frustrated as you are about this situation. There was incompetence, negligence, and outright fraud, and we're angry about the liberties some have taken in abusing our capital markets. However, we need to confront a brutal reality: The condition of the credit markets jeopardizes our economy.

Our position on this is governed by three overriding principles:

That letting massive portions of our financial sector fail would have enormous negative effects across our economy.
That although we'd prefer a free-market solution, the U.S. government is the only entity with resources sufficient to make a significant impact.
That government intervention must protect the interests of the American taxpayer.