Wednesday, October 1, 2008

Obama's $700B mistake?

I hate to say it, but I have to agree with folks at FDL, that Obama is making a huge mistake with the $700 billion dollar crap sandwich he's trying to get unloaded onto the taxpayers. There simply is no good side to this issue, because hard economic times are coming no matter what. But in one fell swoop, Obama can saddle the Democrats once again with the reputation as the High Tax/Big Government party. Unless the taxpayers get equity, and that this "bailout" is restructured as an investment where the taxpayers ultimately make out better than Wall St., he and the Democrats are screwed.

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