Cockburn on Baracknomics:
""""Obama helped arm-twist recalcitrant Democrats, particularly in the Congressional Black Caucus, to vote for the Paulson bailout, in the national interest, the line urged on House members by Speaker of the House Nancy Pelosi and Barney Frank.
In fact it wasn’t in the national interest , nor in the interest of the Democrats in Congress. Until Republicans in the House rebelled and , with the help of 95 Democratic mutineers, voted the Paulson bill down on September 29, polls showed that the prospects for the Democrats wining a substantial number of new seats in the House were good. Not any more. Voters really hate the Bailout and think well of those who tried to beat it back. The Republicans are now within striking distance of recapturing the House, or so some polls show.""""
St. Barack backs Heinrich Paulson, and approves the Bushco-led bailout (corporate welfare as it was formerly known). Another reason for ~vote.