Tuesday, September 30, 2008

A Few Points on the Bailout Fiasco

From RedState's Erick Erickson
I'm a bit gobsmacked that conservative pundits who supported the bailout are attacking members of Congress for listening to their constituents. Amazing how representative democracy worked well today and that's not good enough for some people. Truth be told, the public could very well be wrong, but members of Congress, like on the immigration bill, listened and voted accordingly.

Does it really hurt Republicans that the media is blaming the GOP for killing something the public did not want anyway?

Those of us who opposed the bill may actually have shot ourselves in the foot. Now Nancy and the Dems could very well pass a bill far to the left of the compromised Paulson plan by rallying some of those Democrats to the plan who refused to vote for today's plan. The President, naturally, will sign it.
But, the side effect of a far left bill will be twofold:

1. Obama, if president, would be able to afford his financial morass of social engineering.
2. If a democratic lead bill actually passes and fails (which it no doubt will), then the blame is easy to assign.

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