The federal bailout, brought to you by the "new communists"
Yesterday, New York Representative José Serrano was feeling iffy about the pending federal bailout. In a pointedly worded list of questions on the plan, he asked:
“When President Bush tells us we must pass the bill exactly as he proposed it right away or face a catastrophic event, why do I feel like I’m voting on whether to go into Iraq all over again, and worry that the results will be similarly bad?"
On both sides of the aisle, such bursts of skepticism are becoming a speedbump, even a roadblock, in the rush to rescue Wall Street.
On Politico.com, former Clinton Labor Secretary Robert Reich mused, "Why should Wall Street get bailed out by me when I’m getting screwed?”
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