Polemic®

So, the new completely unhinged right-wing talking point that defies all measures of reality (that’s a feature, not a bug) is that the Democrats making Freddie and Fannie make mortgages to black people is the reason for the economic collapse.
We’re so far past What’s the Matter With Kansas—we’re simply to the point now where there [...]

Politics for me are mostly philosophical. My life is privileged and untouched by the concerns of most people for many reasons: the benign place where I live, the color of my skin, my profession, my education level, and my gender, and my heterosexuality.
As much as I would like to say otherwise, and as much time [...]

Five days ago:
This Congress has no record of showing any backbone. The media has already bought the notion that there must be a bailout, and will criticize the Dems for “playing politics” with this and they will buckle not only losing the fight but again looking weak.
No Deal? Haha. They’ll give them everything they want.
So, [...]

Josh Marshall and Paul Krugman (Update: and Brad DeLong) say no deal on the bailout. Josh points out that the lobbyists are already pushing for no strings attached.
This Congress has no record of showing any backbone. The media has already bought the notion that there must be a bailout, and will criticize the Dems for [...]

…about why they aren’t just bailing out the homeowners.
A kind of post-cynical answer is, the homeowners are subject to shame and have no concerted power in Washington, whereas the banks have no shame and have almost all the power.
If Congress is just going to swallow this and ask for nothing in return—one TRILLION—they suck. At [...]