If concern over bundled mortgages and other long-term debt vehicles is what is at the core of this, then why on Earth would we give the Fed Chairman carte blanche to print and spend money as an alleged 'cure'.

Doesn't it make sense that the bailout would cause the bankers who might otherwise buy these bundles would want nothing to do with any long term debt knowing that there will be inflation, and that inflation will make the payoff shrink by the time it is paid?