Call the G.O.P.'s Bailout Bluff by Joe Conason

[mooseandsquirrel]

http://www.observer.com/2008/politics/call-g-o-p-s-bailout-bluff

snip

So the rescue of capitalism once more becomes the sole responsibility of the Democrats.

Much can be said about the Democratic Congressional leadership’s fumbling and fearfulness, which have hobbled them ever since they recaptured the majority. Well meaning as they may be, Nancy Pelosi and Harry Reid can bear no comparison with the likes of Tip O’Neill or Lyndon Johnson. But just weeks before a national election, their reluctance to back the unpopular bailout proposed by the Bush White House without substantial support from Congressional Republicans was perfectly sound.

snip

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