What method would be used to "put it back in our hands," and what is "enough"? Tax cuts and stimulus packages? Public works? Buying bonds back? None of these options are ones that can very effectively or at all execute in the short term, which diminishes the viability of your "holiday shopping" proposal (see below).
The firms/industries hit hardest during recessions are capital producers and consumer durables producers, so you're right with your examples (Cars, TVs, gaming systems), but not because they're "pointless crap". People are going to hold off on buying things that last a long time and firms are going to hold off on investing in new capital because "the old one is still doing just fine". However...
This is irrelevant to capital because firms don't invest in new capital as a Christmas present to themselves. For consumers, the holidays may encourage spending, but not necessarily in consumer durables. The simple fact that it's Christmas won't override the applicability of the "the old one still works" mentality. I would venture that the firms/industries that would see the most of the increased holiday spending are the ones that also receive most of the nonholiday spending -- nondurable consumer goods producers (clothes, food, little gifts like coffee mugs or picture frames or whatnot).
Moreover, one surge in profits (if such a surge were to happen) isn't going to save a company's stock. Holiday profits (if any) are a PART of ONE QUARTER of a firm's annual profits.
So, in essence,
1) Increased holiday spending would not necessarily benefit the firms that need it the most,
2) Even if it did, it would not "fix" the stock market or the economy, and
3) Even if it did, the timeframe required to effect increased spending and consumption is too long for any action taken right now to be effective by the holiday shopping season.
The huge underlying problem (that was a substantial part of motivating the bailout plan) is that investor confidence is totally shot right now in all regards, whether it be in stocks, bonds (thanks, mortgage-backed "AAA" bonds), capital, whatever. Increasing/restoring spending and consumption is definitely essential but chronologically is not foundational (i.e. other things need to be done first to allow for it to happen).
[Also the government can't just "throw money" into the economy without thinking about it as it could cause inflation. Then we might get stagflation. Yay.]
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