Of course I don't think we were really chumps for playing by the rules of the game, saving money, paying our debts, taking out reasonable loans, etc.
My point was that I don't think it's fair to blame all Americans for the financial crisis; I don't think we can say we've all been greedy. There are a lot of hard-working people, rich and poor, liberal and conservative, who are going to be hurt because of the greed and corruption of a small number of people who were gaming the system. And that's the way it always goes.
Now it looks like the Democrats are going to risk letting our entire economy crash and burn ... (h/t The Other McCain) just so they can score some points for Obama.
Democrats in the Senate and House believe that if they can string out negotiations on the federal financial markets bailout through Tuesday, "we can get everything we want and more, including solidifying the Obama campaign," says a Senate Banking Committee staffer working for the majority.
"Let's see what the White House has to say when the market is cratering again."
Unbelievable.
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