Decius wrote:
If the Democrats win, all of that money, unfortunately, will have to be spent on bad debt which won't be worth anything in the end. Obama will not be able to make progress on any of his social programs because the national debt and plummeting US dollar will be in an untenable situation. If the Republicans win, however, it will turn out that only 100 billion was needed. Things weren't so bad after all...

Unfortunately, I don't think it matters. This isn't about who gets elected next, because that's irrelevant. It's about which lobby has enough presence to get what they want. Right now, it's the banking and financial system lobby. The price is $700B. That includes cleaning up all the bad debt, making sure my firm survives and has liquidity, and oh, I get to keep my bonus as well. This deal stinks. Period.

RE: News Analysis - For the Nominees, New Roles and New Risks - News Analysis - NYTimes.com