ebrown p wrote:
You are greatly exaggerating the "political liability" of the Democrats while ignoring the substantial weakness in their adversary.
When the Democrats come out strong; offering and championing a decent plan that provides protection and help for the middle class, the Republicans are going to be the ones in a very tough spot.
If they veto or filibuster, the economy gets hung around their collective necks. They won't be stupid enough to suffer that. If this happens, and the economy takes a turn for the worse... I don't think that most Republicans are stupid enough to put themselves in this position.
Most Americans want Congress to do something about the financial crisis. The Democrats can draft a solution that is good for the middle class. When convincing the American people they have the advantage that their plan will be compared to the Paulson plan (and the conservatives idiot idea about giving the obscenely wealthy more tax breaks)...
The Democrats should do the right thing for the American people and then dare Republicans not to come along.
I understand this. But it's a tough sell at this point. Paulson and Bush's idiotic plan with no oversight really got people's hackles up about things, and it's going to be quite difficult to overcome that initial distaste. I've done sales for a long time and this is a well-understood problem; public opinion is reinforcing, and it takes a big effort - and quality salespeople - to overcome initial negative reactions towards a product, regardless
of whether or not it is ultimately necessary for the consumer to adapt.
The current Windows Vista problem is a good example of this. MSft is having a devil of a time overcoming initial negative reaction; and when people are actually shown
vista, but not told that that's what they are using, they universally like it. The same thing goes here. We would have to start off by re-branding it; whoever decided to call it a 'bailout' in the first place is a moron. 'Rescue plan' would be better, or 'government equity for cash swap' or something.
And this ALL will be INFINITELY easier to accomplish after the election! Our society and financial system are not going to collapse between now and next month. There's no evidence showing that they will. We should wait until the political game is through, and then move on to new business.