Jonah Goldberg has a superior article in today's New York Post where he views the current crisis on Capitol Hill as a "pox on both your houses."
Goldberg believes neither Democrats (who have a big responsibility for this mess in the first place) and Republican "cry-babies" who say that Nancy Pelosi's ultra-partisan speech before the vote doomed the bill, are acting in the national interest:
And let us not forget that House Democrats, with a 31-seat majority, couldn't get 95 of their own to vote for the bailout, largely because it didn't provide enough taxpayer money to their left-wing special interests. Would that they thought about the country.
McCain, the one man who truly tried to treat this crisis like a crisis, was ridiculed by Senate Majority Leader Harry Reid, who implored him to come to Washington to help in the first place.
That's not to say that McCain knows what to do. Faced with an unprecedented crisis involving frozen global credit markets, his standard response is to talk about wiping out earmarks and eliminating waste, fraud and abuse. Memo to Sen. McCain: Waste, fraud and abuse are the only things holding the system together at this point.
As for the reputedly free-market purists of the congressional GOP, with whom my sympathies generally lie, I can't let pass without comment the fact that they controlled Congress for most of the last eight years. Only now, when capitalism is in flames, does this fire brigade try to enforce the free-market fire codes without compromise.
I loathe populism. But if ever there's been a moment when reasonable men's hands itch for the pitchfork, this must surely be it.
Never a good supply of tar and feathers (or a stiff rail) around when you need them.
Rep. John Boehner referred to the bill as a "crap sandwich." Not very delectable but when its all you've got to eat, what choice do you have?