Matt Stoller is showing e-mails from some anonymous congressmen. I particularly like this comment.
The only defense for the play is for a significant group of Democrats to say they won't vote for any proposal that isn't unpalatable to industry, and mean it. It's a pretty high stakes game of chicken, but otherwise we come out of this with nothing but a $700 billion giveaway to a crooked industry.
I think it says a lot of bad things about our society that we would consider anything that is acceptable to the industry. They failed. They should be punished. I propose a list of things that should be imposed on all companies that accept money in this crises.
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