Matt Stoller on the bailout 'crisis'

Why would retiring Congressmen who do not have to face the voters but might have to face Wall Street recruiters be neutral arbiters of the public good? Why is it bad that candidates in tight elections voted against this bill for political reasons? Isn't that how we decide stuff? I've had the TV on all day and it is a pervasive message that partisanship sunk this and is therefore the root of all evil. I just don't get this attitude. This bill was unpopular and hated because the people proposing it do not have the faith of the public to write honest laws or carry them out. That is the problem, not partisanship or an excess of democracy. ...

This is a political crisis, which is why the public is angrily rejecting laws based on Republican demands for a bailout and Democratic concessions which everyone involved at the time knew were a total farce.

I couldn't agree more.