Republican Jack Kingston of Georgia points out that The Emperor Has No Clothes, and Glenn Reynolds is quoted as saying that
This is not so much a stimulus, as a massive transfer of wealth from the politically unconnected to the politically connected.
(Follow the links from that Reynolds article. Nice quote in the comments to one of them, from Mencken: "An election is simply an advance auction of stolen goods." The ever-loathsome Barney Frank freely admits to writing a provision into TARP giving money to a home-state Taxachusetts bank that would otherwise not qualify, since TARP funds were only supposed to go to healthy banks, to 'jump-start" lending.)
I can't shake the feeling that the Democrats, especially those is Congress, regard the whole situation as a grand-scale fire sale, damn the consequences to the nation.
At the risk of sounding like a conspiracy theorist, at the back of my mind is the fear that they're hoping to bankrupt the nation, or, ideally, the free world, so they can then set up a workers paradise because of course they'll get it right...
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