Monday, September 22, 2008

Could it Be? Democrats Have Actually Learned from Their Mistakes? I Sure Hope So.

Democrats are starting to fight back against the Bush administration's attempts to ram a huge bailout package through Congress with virtually no strings attached for the recipients, and the mistakes made after 9/11 have been specifically cited as a reason why:
Sen. Patrick Leahy (D-Vt.) says he’s seen this movie before: The Bush administration, citing an unprecedented national threat, puts the hammer on Congress to ram through gargantuan legislation with a minimum of review — and the murkiest of repercussions.

“We will do something this week — but if we learned anything from right after 9/11, it’s that the biggest mistake is to pass anything they ask for just because it’s an emergency,” Leahy says.

...

“They can’t get away with what they did in 2001,” Leahy said. “This will be ‘trust but verify.’ The biggest mistake they can make is holding a press conference while we’re negotiating to say there’s going to be a worldwide depression if Congress doesn’t do exactly what we want them to.”

...

"We will not simply hand over a $700 billion blank check to Wall Street and hope for a better outcome. Democrats will act responsibly to insulate Main Street from Wall Street,” Pelosi said. "As we proceed to deal with this crisis, this is clear recognition that the party is over for the Bush administration's anything goes, failed economic policies that have damaged our economy, undermined the middle class and further pointed out the need for a new direction."
Wow. Do they Democrats actually have spines after all? Stay tuned.

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