Tuesday, September 30, 2008

Jay Tea on the bailout.

It's a kind of negative evidence, but it's persuasive to me: the Democrats have a solidly established record of being utterly and completely wrong on the whole mess. They are now acting as if the situation isn't so bad, and are still far more interested in playing their run-of-the-mill political games with the whole process. If they are still wrong (and the odds are highly in favor of that conclusion), then we are in real trouble and the bailout that they don't seem to care about whether or not it passes is probably a necessary evil.

Read the whole thing.

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