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National Review:
To be sure, Pelosi had delivered a less-than-conciliatory speech on the House floor, for a bill that was supposed to have been the product of painstaking bipartisan negotiations. She had said of Republicans: “They claim to be free market advocates when it’s really an anything-goes mentality: No regulation, no supervision, no discipline.” As she spoke in favor of a massive bailout of Wall Street, she offered the bizarre statement that “The party is over” for Wall Street. She pointedly accused Republicans of being avid corporate welfare supporters, right before they bucked their own leadership and killed her corporate welfare bill.
These were vitriolic words, intended to score partisan points irrespective of the common good. But do House Republican leaders really want us to believe that Republicans killed the bailout just because their feelings were hurt? Are they trying to tell us that Republicans are touchy whiners who will let their country down on a supposedly essential matter because they were offended by typical, turgid partisan rhetoric?
Why don’t Republicans adopt a different political tactic — the one that involves simply telling people what actually happened? The one that also happens to make political sense at a time when a mere 30 percent of Americans support the bailout of Wall Street and only 23 percent approve of the Bush administration’s performance in office?
House Republicans should brag: “We killed President Bush’s lousy corporate welfare bill, and now we’re going to pass something that’s better for the taxpayer.” Why not take credit for forcing the House to consider a better bill — a bill that shows more respect for responsible investors and homeowners? A bill that offers less padding for those who made bad financial decisions on Wall Street? Instead of lamenting the death of this bill, even the Republican leaders who voted for it can acknowledge that the “noes” had legitimate concerns that must be addressed.
Wingnuts searching for a new spin. LOL!