Hugh Hewitt: Memo to House Republicans
Hugh Hewitt, one of the leading conservative bloggers in the blogosphere and radio (talk) show host, posted a post today in which he calls on House Republicans to, finally, agree to the deal. He writes:
Here’s a shocker: No one likes the risks involved in Paulson 2.0 or the precedent of using so much public money to rescue reckless bankers, both private and semi-private..
But there is a very good chance that (1) it will actually make money for the Treasury and (2) without it the financial crisis will spread and the small businesses of America and the people who own and staff them will be deeply injured. These businesses are the backbone of the economy, and they are in danger. This isn’t just a bailout of Wall Street; it is a breakwall for Main Street…
…[Y]ou cannot stand by and watch people’s business and savings hemorrhage and expect them to reward you for your purity of purpose and incompetence of execution.
Why post it? Because Hugh explains quite perfectly what many people who are conservative or right-of-center think about the posturing of the House Republicans. This, yes, includes Jason Steck and myself.
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