I won't comment on the Senate's "Right Back At'cha, Muthfukas" version of the Big Bailout (aren't revenue bills supposed to originate in the fucking House, or have I just been smoking crack again..?) beyond what Stewart has to say about the Republican arguments in favor of this monstrosity:
I should reiterate that, while I think that Monday's House clusterfuck was a good example of the desuetude of our Republic, I do NOT think that either the original House version OR the Senate "Pickapecko'porkypeppers" version are actually good bills. Both of them leave WAY too much wriggle room for shenangans like the easing the "mark to market" (a.k.a "they're my assets and they worth what I want them") rules and the issue of how this money "buys" these dud loans/mortgages/who knows what. There are several better ideas floating around out there, including
this one and
this.
It's also depressing to be right, but I pretty much called it that the Congressional Dems would be too craven to write their own, left-wing bill and shove it to the Bushies and their Republican enablers in Congress to either spit out or choke down. It's depressing to be reminded that in the ultimate fighting ring of U.S. politics my party is sort of the
Matt Roloff of all-in fighters.
