The Corner

About this Bailout

My impression is those stalwart House guys who have put up what they believe to be an honest good fight against unprecedented government intervention on Wall Street were acting largely alone — without a ton of support from the think tanks in town. Rewinding a bit, we have a Republican White House. I’ve read Paulson & co. have been working on this bailout/rescue for about a year. Why weren’t they coordinating with the Heritage Foundation, AEI, Cato for a year? Maybe they were and I don’t know it, but that’s not my impression …. seems like a real shame and missed opportunity.

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