My biggest problem with the Bush Administration’s bailout plan is the Bush Administration.
I don’t want the economy to collapse. I’m pretty cranky about the greed, dishonesty and outright stupidity that got us to this point, but I do agree that something probably needs to be done. I say “probably” because I don’t really understand the problem, and the more I read and hear about it, the more I wonder if anyone understands it. Certainly there’s no one on CNN who’s been able to explain it to me in anything better than third grade terms.
So, sure, let’s do something, but here’s the problem: I don’t trust the Bush Administration. Of course, I just generally dislike them for all the usual liberal reasons — I won’t go over them again. But the real problem is that they might be lying. I mean, after the selling of the invasion of Iraq, in which the administration simply made up a bunch of shit, spread the lies vigorously through compliant and supposedly “objective” media, and acted like it was a great big emergency and we had to hand over unilateral war powers to Rove/Cheney/Bush right away and don’t be asking any questions, why should I believe them now?
I can think of various reasons why they might be lying. They might be simply continuing their policy of destroying the federal government because neocons just don’t like the federal government. They might be trying to stall the collapse just long enough for John McCain to get elected. They might already know that John McCain can’t be elected and they might be trying to hand President Obama a big steaming plate of shit sometime next Spring. Hell, George Bush might actually be thinking about his “legacy,” as if he has a chance of salvaging anything there.
But after eight years of this administration playing fast and loose with the truth, why should I swallow their latest cries of impending doom and pony up my share of seven hundred billion dollars?Â Somebody needs to convince me that Hank Paulson won’t just tuck it into his vest and apply for his old job at Goldman Sachs. You might think that’s pretty far-fetched, that such a thing couldn’t happen in the United States of America. I refer you to the “election” of 2000, in which a barely literate nincompoop got picked to be President despite not getting as many votes as his opponent. Things can happen, folks.
I don’t know exactly how this could be handled in such a way that we won’t have to wonder if it’s just a gigantic bank robbery, the equivalent of George Bush and cronies grabbing the silverware and the chandeliers on their way out of the halls of power. But until somebody smarter than me in Washington has an idea, I’m OK with this bailout not going forward.