I see headlines and polls everywhere stating how unpopular the bailout is. Everywhere. And I don't need a poll to know this either. People can't declare bankruptcy anymore and are forced to hand their house keys back to the bank but are expected to hand over $700B to a bunch of millionaires who created this mess in the first place? Impossible to sell that to the American public. This will hang over many a politician's head much like votes supporting the Iraq war did. Whether the bail out is necessary is beside the point. I think the gut reaction to this is what counts and it feels rotten. The ultimate in rich corporate America running D.C. And in fact it is.
- Slappy
My Dirty Life & Times
- Tom Watson is a journalist, author, media critic, entrepreneur and consultant who has worked at the confluence of media technology and social change for more than 20 years. This long-running blog is my personal outlet - an idiosyncratic view of the world. "My dirty life and times" is a nod to the late, great Warren Zevon because some days I feel like my shadow's casting me.
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