While the irony of watching the Democrats (approval level - 9%) support and force through a President Bush (approval level - 34%) crafted economic bailout bill that Gallup just announced has public approval of only 22% is wonderful, the fact of the matter is that something has to be done -- and quite soon.The only focus of this rescue should be action to restore liquidity to the credit markets. That's the problem -- the economy is freezing up. Anything else should addressed in separate legislation.The most alarming thing about the current (Friday 9/26/08 - 11:45AM) situation is that with all of this talk about a "deal in place", the public has not been allowed to see the specifics of any of it. The only thing even remotely close to a clear explanation of what Chris Dodd and Barney Frank are doing is the following set of agreed upon principles, which should scare the living daylights out of the public (and which is why conservatives in the House popped a gasket yesterday...(Read Full Post)