Laura had this to say about the "bailout"over at Red State Eclectic:
QUOTE It appears that the federal government doesn't believe in austerity any more (if you don't have it, just print it and spend it, I guess), but perhaps a refusal by the government to bail out these banks would be a good way to force us all into a more austere mode. Maybe it will force us all to make better business decisions.
I wonder sometimes whether the presidential nomination process would have changed any had all of this been happening a year ago, before the primaries. Ron Paul is getting a lot of airtime lately, saying the same things he's been saying for the last 30 years--probably because he can actually speak with some authority and authenticity on the financial mess we're in. I suspect that things wouldn't have changed all that much in terms of political outcome--I'm not sure the American people really want to hear the hard answers. UNQUOTE