Your opposition to the TARP is seriously misguided and calls into question your knowledge of how financial markets works. Bank failures are not a good thing.
The banks had already failed. All TARP did was protect the shareholders, the managers, and the managers' obscene nine figure bonuses. The government takeover of GM is the model that should have been used. The business entity did not have to go. The people who ran it into the ground did.
The bankers should have been evicted from their jobs. Instead, people are being evicted from their homes.
Even a broken (mechanical) clock is right twice a day. They should be fired. Then replaced with people like these. But the Boner probably wants someone even more dedicated to big Republican donors than Geithner and Summers.
We're winning in the South, while losing the MidWest? That doesn't sound right. I could beleive losing in the MidWest, but simultaneously winning the South? Believe me, when we win Congress in the South, the MidWest will be solid Blue. The MidWest is conservative and fed up with arrogant corrupt Democrats, but we're not bat shat crazy.
the choice is limited to only those who cannot afford private insurance
This is a major problem. If the public option is considered public aid it will be stigmatized and health care providers, predominately Republican, will refuse to accept it, greatly limiting the value. Medicare has the advantage of large and lucrative numbers. It hurts to deny Medicare patients because a substantial portion of sales and revenue are lost thereby.
A public option limited to the poor is just Medicaid. Medicaid seems attractive until you actually experience it.