Is the bailout actually Iraq War 2??

While leaders of both political parties chase their collective tails around Washington, Steve Chapman in today's Trib. makes an interesting argument for why this bailout may actually not even be necessary. That argument raises another question: Is this another example of the Bush Administration, running to Congress, pressuring Congress to make an immediate decision about incurring massive debt and asking Congress to write a blank check, and using the cloud of fear passing over the Country as a means to receive this blank check? In using taxpayer money to purchase bad debt at a higher price than the banks in question could get on the open market, who really benefits? I don't know enough about economics to say, but I've read enough news over the last seven years to be suspicious any time Bush, Jr. goes on the air to beg the Country for support. Is this bailout Iraq2? Is it just another massive debt, another massive error we will be suffering for for decades to come? Is anyone in Congress, Repubs and Dems alike, even asking this question?

Read The Case Against A Federal Bailout.

I haven't made up my mind yet if this is the right thing to do...and it may already be too late.