I am not sure that differences between the Dems and the Reps on the bailouts are as big as the similarities. Both will bail out the banks for as much as is needed. It is true that Reps let one large bank (Lehman) go to the wall, and that count is really two when you count Bear Stearns being forced to sell itself to JPM. But both are determined to flood the economy with whatever it takes to reflate asset prices, and keep 90% of the banks afloat. Maybe it’s 99% for Dems (counted by size of assets), but that’s not much difference.
I am sure there are people on both sides who are convinced that only one party is right, but I think they are both wrong.
