Guest Editorial by Jon Ponder, Pensito Review.
The bailout of Wall Street is the rancid pickle on an economic crap sandwich that is a result of 30 years of conservative deregulation/trickle-down ideology. The fact that the Bush appointees who devised the original bailout plan are from the same gene pool as the neo-cons, cronies and heckuva-jobbers who turned America into a torture state, spied on Americans, drowned New Orleans, stole two national elections, corrupted the Department of Justice and took the country to war on the false pretext of bringing democracy to Iraq but then screwed up their true intent --- to steal its oil --- should have been reason enough to kill the plan on sight.
But that's not going to happen. As inept and ineffectual as they are at everything else, the Bush team is highly practiced at forcing Congress to act in haste. Six years ago this month, Karl Rove and the White House political shop "created a reality," as one of them has described it, that there was an urgent need to push the Iraq war resolution through Congress just days before the midterm elections. Now we know that the only urgency was Rove's need to get Senate Democrats who were potential Bush rivals in the 2004 presidential election on the record about the war before the election. Iraq post-invasion has been a disaster, but the vote on the resolution was stunningly successful in hobbling the campaigns of both John Kerry and Hillary Clinton.
Now, in what is either a horrendous coincidence or the most elaborate (and apparently botched) October Surprise in presidential campaign history, as Bush prepares to slouch off to Crawford for good, he is pushing one last crisis down our throats. As with his invasion of Iraq, it will probably be years before we know if this latest crisis is "real," or if it was fumbled attempt by the White House to change the game in John McCain's favor.
It certainly feels like we're being played again...