I had a suspicion the Dems would want to prolong the economic agony as a way to help their presidential candidate. When the economy falters, as the saying goes, the voters turn to the party out of power. Hence liberal Big Media’s partisan assertion all year that we are in a recession, despite the lack of statistical evidence for it.
But it never occurred to me the Dems were so cynical as to try to use the bailout bill to benefit the very groups whose radical missions (in pursuing no-money-down minority housing loans) helped create the mess. No, not Freddie and Fannie, but La Raza, ACORN, and the Urban League.
The Seablogger calls it "a kind of creeping civil war, conducted through politics, in accordance with revolutionary theory," which Mac probably knew about and was determined to thwart when he pulled his return-to-the-Capitol-to-look-presidential stunt. Presidential politics has always been fierce, and 2008 seems especially so, though I suppose if we’d lived in the 1850s, in the runup to the real, shooting Civil War, we might think this was all pretty tame.