29 September 2008

Hoisted on their own petard...

House Democrats, led by the indefatigably partisan Nancy Pelosi and her right-hand man, Steny Hoyer, poisoned their own well just before today's momentous vote regarding the $730 billion bailout package. By all accounts, the votes were in place to secure bipartisan support for the bailout, until Nasty Nancy decided to rub Republicans' faces in it by addressing the House and saying, "When was the last time someone asked you for $700 billion? It is a number that is staggering, but tells us only the costs of the Bush administration's failed economic policies — policies built on budgetary recklessness, on an anything goes mentality, with no regulation, no supervision and no discipline in the system." Appropriately disgusted by her partisanship, enough of the House Republicans who had agreed to cast their vote for it decided not to.

A few things jump out at me that I feel need to be addressed. First, too many in Congress would rather be effective partisans than effective legislators. This is true of both parties, but it seems particularly true of the current Democratic leadership. Nancy Pelosi and Harry Reid have never seen an issue that they couldn't inject with some unnecessary partisanship (see John McCain's recent decision to suspend his campaign in an attempt to bring leadership to the bailout bill), and today's vote is a perfect example. One would think that, with public approval for Congress at all-time lows, both would make a more concerted effort to act in ways that actually engender public support for the institution. Instead, they seem more determined than ever to prove that they couldn't care less about, much less relate to, the needs of most of us.

Second, if this particular bill was really the answer (it wasn't), then why did the Democrats even need Republican votes? The Dems outnumber the Reps 235-199 in the House. Hardly a veto-proof majority, but more than enough to ensure passage of this bill. Even if every Republican had voted against this bill, the Democrats could still have passed the bill if they so desired. The reality is that the Dems wanted bipartisanship on this bill so that if (when) it failed, they would have others on whom to blame the failure. That's the M.O. for the party of jackasses (the symbol, although there are other accurate interpretations...): Ensure enough "coverage" with Republican votes that a level of plausible deniability is maintained, and you can dissemble, divert attention, and generally fool most of the people most of the time. Then you can say, presumably with a straight face, things such as:
  • "Because somebody hurt [Republicans'] feelings they decide to punish the country. ... I mean, that's hardly plausible." -- Rep. Barney Frank, D-MA
  • "We delivered on our side of the bargain." -- House Speaker Nancy Pelosi, congratulating Democrats on getting 60% of their caucus to vote for the bill.
  • "We did our part. As I said on the floor, this is a bipartisan responsibility and we think (Democrats) met our responsibility." -- Rep. Steny Hoyer, D-MD
  • Interestingly, Senate Majority Leader Harry Reid (D-NV) and Sen. Chris "Countrywide" Dodd (D-CT) either weren't able to find a camera or didn't say anything worth reporting.
(Think otherwise? I'd refer you to the recent brouhaha over the mortgage crisis itself, the roots of which are found in the Community Reinvestment Act signed originally by Carter and expanded significantly by Clinton in the name of increasing home ownership; a noble goal to be sure, except when you consider that those to whom the "right" of home ownership was to be extended lacked the means to repay the loans that lending institutions were forced at figurative gunpoint to make.)

Third, and I have to absolutely belly laugh at this, I hope The O is enjoying the feeling of the egg on his face. After insisting on Face the Nation yesterday that McCain deserved absolutely no credit for the bill, and that the key provisions were really those that he'd been whispering in Treasury Secretary Hank Paulson's ear for the past two weeks, his own party could (would?) not deliver it for him. To McCain's credit, he took the high road on the issue of credit; in truth, I can't blame him, as I wouldn't want to be associated with it either.

Finally, I am incredibly disappointed with President Bush's lack of leadership on this issue. I suppose it's possible that he was offering McCain some political coverage on this hot potato issue, but I don't think so. I think, at long last, that he is just that out of touch with average Americans. He's earned the benefit of the doubt, so I'm not questioning that he thinks he's doing what's best, but in this case I disagree with him on the cure for the ill and find myself wishing that someone besides Paulson had his ear on this issue.

In the end, how much does this particular vote matter? I think it's the most important vote Congress has taken in my lifetime, because of the far-reaching effects of the bill. It is a seminal moment in American history, and I tried tonight to help my soon-to-be 11-year-old daughter understand just why it was so important. The lesson I learned from that effort is one that Pelosi, Reid, and their cronies have already learned and count on as gospel: Most folks don't have enough interest to pay attention for long.

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