Again, it'd almost be funny that it's NOW that the GOP decides to dig in its heels and look after Joe and Suzy Mainstreet, fighting the bailout tooth and nail, with the icy cold water spilling over the deck already up to their necks.
Almost funny, just like Palin babbling on about Putin rearing his head while defending her "foreign policy" experience, or getting confused when Katie uses way, way too many word when asking her a pretty direct question:
But, ultimately, not funny at all. The bailout isn't about golden parachutes or Wall St. fat cats getting fatter. It's an absolutely necessary, desperate Hail Mary, close-you-eyes-in-best-Brett-Farvian-style-and-chunk-it-downfield play call. We have no choice at this stage. We may not like it, but it's got to get done.
You may have huge issues (and should have huge issues with it) but the root cause of this goes back 5 or 6 years. Railing against the effects of something you allowed to happen (and even encouraged and profited from) five or six years ago is like refusing to put your house out, when it's on fire, because you're finally sick and tired of putting out fires your darling little pyromaniac child keeps lighting (with the flame thrower you bought him last Christmas, after he got back from attending Fire Camp for the fifth straight year).
And, seriously, the house is fucking on fire right now. Full on involved conflagration. WaMu, with more than $300 billion in assets, just went belly up. Insolvent. Didn't have the bankroll to even play a $1 SnG on Full Tilt. Largest bank failure (by far) of any financial institution in the history of the United States of America. Bye bye.
But, somehow, it's exactly now that assorted congresspeople (primarily those of the GOP persuasion) decide to bow up and make a stand for Joe and Suzy. Wiretap their phones? Hell, sure, whatever. And a little waterboarding never REALLY hurt anyone but those Muslim terrorists, and screw them anyway. An escalating regressive tax structure? Oh, hells yes, sign me up, roll it out, let's make us some money.
But a bailout that would just cost taxpayers money? Oh no. Hells no. Because it's all about looking out for the people, you know. Oh no. No, no, no, no, no....