So yes, it might become a political trap for Dems. But what else to do? Play the same game as the Republicans and watch the economy go down? This isn’t just about big numbers, it’s about people’s lives. Even if the people who would all be affected don’t quite get that, no matter how unpleasant it is to save the fat-cats asses, the fat-cats have put us in the position where it’s unavoidable if we’re to save our own asses too. The bailout may not work - there are many who say it won’t - but in the meantime, Dems will have tried to shield common folk from the massive social and lifestyle fallout of a crash. That’s worth doing, in my view, even at this horrendous price tag.No hearings. No investigation outside the administration's hacks. No time for thought, study, reflection. But even progressive voices are suggesting this money transfer to the filthy rich has to take place 'to protect us all.' And it has to happen right now, right this minute, before the sky falls in.
And it might not work. Of course it won't work. It's not supposed to 'work.' It's supposed to transfer everything into the hands of the wealthy and powerful to ensure it doesn't get used for unimportant things like health care, education, the real economy, jobs, environment, infrastructure.
God, what a country of buffoons. And that includes Obama.
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