Monday, September 29, 2008

Bailout skepticism

By Michael J.W. Stickings

Just FYI (and for what it's worth): Dennis Kucinich doesn't think the bailout plan has enough votes: "If the votes were there, this would be on the floor. The votes aren't there."

The bill is being opposed from both sides, with renegade Republicans favouring a more neo-liberal approach (of course) and Democrats like Kucinich and others in the so-called "Skeptics Caucus" objecting to what Rep. Brad Sherman (D-CA) called "the greatest shift of power to the imperial presidency and the greatest shift of wealth to a still wealthy Wall Street that anyone could imagine."

Note that the bill is being opposed by David Sirota on the left and Michelle Malkin on the right. (Now there's an odd couple.)

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