Quote:
Originally Posted by classicman
Why? This bailout was as much, if not more, a democratic plan.
|
The support was 60/40 from the Democrats and 40/60 from the Congressional Republicans. Also 100% support from the Republican administration.
It is poltics to label it Democratic or Republican especially when the reasons to vote for or against it were so complex - and then it was chock full of $100million in pork for both parties.
The only people who did not vote for it were the moderates who disparage both Democrats and Republicans. Better is to describe it as an anti-independent plan and pro-rich business school trained management plan.
What was it really? Just another way for America to sell or mortgage itself to foreign investors.