The simultaneous rejection of the bailout and a corrupt ruling class ☀
Strictly on the level of “Democratic v. Republican” political strategizing, Nancy Pelosi did exactly the right thing yesterday — she provided just enough Democratic votes in favor of the bailout so that it could pass only if there was substantial GOP support (thus preventing Republicans from cynically blaming the bailout on Democrats), while simultaneously ensuring that Republicans (and McCain) would be blamed if it failed. Strictly on a strategic level, it was — for the reason Matt Yglesias describes — all very well-played by the House Democratic leadership.
/yes
On a local conservative talk radio program, I heard the hosts decrying Pelosi instructing junior Democratic representatives to vote against the bailout package. Assuming this is true, /well-played indeed — it’s the President’s package, and the legislative body of his party should march in step. What does it say for the validity of a plan if President Bush’s own party cannot vouch for its worthiness?
