Wednesday, September 24, 2008

Not So Fast

Both parties take a dim view of the $700 billion bailout.

“Just because God created the world in seven days doesn’t mean we have to pass this bill in seven days,” Rep. Joe Barton (R-Tex.) said after exiting a two-hour meeting with Cheney.

Democratic leaders warned that they would not approve the biggest government intervention in the private markets since the Great Depression without significant Republican support.

“It’s their problem. It’s their bill. And they’re going to have to figure out if they can support it,” said House Speaker Nancy Pelosi (D-Calif.).

If there’s any bright spot in all of this, it is that it has — for the moment — put an end to all the nattering about lipstick and pigs.

Bonus clip: Rep. Marcy Kaptur (D-OH) explains it all for you.