The Democratic leadership in Congress needs to be changed, a revolt within the party is needed to get more competent leadership in place. Pelosi may have been a good minority leader, but she does not have the ability to run the show. I knew as soon as Bush asked for "$700B, no oversight, immediately to avert disaster, disagree and you're a terrorist", it was a bad idea, he had used this tactic several times before. Yet they still caved, even when they had control. Deja vu.
The bankers get to face Congress today, should make for a good dog and pony show, with much vitriol from the lawmakers to show their constituents they are outraged. I'd give anything for the bankers to grill back why the TARP funds were not legislated with oversight in the first place. The look on Barney's face would be priceless.
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