I never liked the bailout myself. like I said, it constitutes slapping a band-aid on the current crisis. all it'll do is enable the poor fiscal practices that got us into this mess. as I mentioned on page 8 of this thread, many of the decisions that led to disasters like the fannie mae incident in particular were almost entirely politically motivated. but while the democrats may have gotten the ball rolling by trying to buy minority and lower-class votes, the GOP - particularly in the last congress - is responsible in no small part for a lot of the runaway spending that's been going on for the better part of a decade. so basically two factors - at least as far as capitol hill is concerned - helped land us in the mess we're in: democrats, and republicans who spend like democrats.


go.

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