About That Bailout...

Here's a petition from Credo Mobile, and Paul Krugman had some important thoughts here - also, this Open Left post sums up what I hope a lot of Dems in Congress feel about it (dare such thoughts lend themselves to action??).

(Hat tip for the last two to Atrios, by the way; also, as Brad DeLong notes here, this will certainly spill over into the next administration and then some, with Krugman asking, based on the likely Treasury Secretary nominee from a - gasp! - McBush presidency, "Are you willing to give essentially unlimited discretion over the use of $700 billion — with explicit protection against any review by Congress or the courts — to Phil Gramm?").

(And speaking of dumb - and dumber...)