A different take on Monday’s vote, which I heard on talk radio this morning and am now mindlessly repeating: What if the Republicans, connivers that they are, were hoping to hang the bailout on the Democrats? It’s enormously unpopular.
In this scenario, they would have negotiated a bailout bill in bad faith, led the Dems to think they were on board, and then pulled out at the last moment, making it a Democratic bill.
There’s some support for this theory in the fact that the Republican National Committee ran an ad criticizing the Democrats and Obama for passing the bill. It was apparently run by mistake, just as an AP story was run in Butte and Bozeman announcing passage of the bill.
This would make the true heroes of the day those Democrats who refused to be bullied into going along.
Anything’s possible, but that presumes a prearranged plan to split the Republican vote to sucker Democrats into making it their bill. I can imagine the thinking, but seriously doubt the organization and discipline is there to pull it off. I prefer to believe that in the chaos of the moment nobody was thinking in an organized manner, and we got what we got, which is more real than the Bush Inc./bi-partisan “leadership” crap they’re shoving down taxpayers’ throats today.
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