Sure, Obummer could write a check to each person for a million dollars? Would that help the economy? Let's think about it.
Money is supposed to be worth something. If it's just printed up with no worth, the previous money loses value. If you double the "money supply", which is pretty much what Obummer is doing, each dollar ends up being worth half as much. Is that good or bad?
Sure, it's good if you owe a lot, such as on a car or home because you can pay it off. No, it's awful if you're the company that you are paying because they essentially get only half of what you were supposed to pay. So, it's probably not a good idea for that reason.
Then, let's think how this "money" is "borrowed" from places such as the Federal Reserve (which is owned by banks). The banks lend the money to the USA but charge interest. Guess who will be paying back that money plus interest? Well, it is YOU! Do you really get an improvement if you get a million dolllars and then have to pay back a million dollars, PLUS INTEREST to the banks? No, that's a game that only the banks win, and that's why the bankers LOVE what Obummer is doing. He's paying back those bankers that paid for his election.
There are more aspects to this but I think the above answers are most important and tell why it is a BAD IDEA TO BAILOUT and GIVE MONEY AWAY!