Tuesday, September 23, 2008

The Silly Season

Sen. Collins is now--get a load of this--blaming Democrats for refusing to pass stricter financial regulations. And yet at the same time, she's still refusing to call for attaching any strings to the $700 billion Bush bailout.

In fact, she continues to try to confuse reporters into believing the bailout is all about Freddie Mac and Fannie Mae--rather than her corporate patrons and allies on Wall Street.

Is this charade going to fly? Can Collins repeatedly mischaracterize the political dynamics of regulatory reform over the past decade without any consequence?

Will she be allowed to stand quietly by her regulation-averse Wall Street buddies as the financial system melts down?

Is Rep. Allen going to let her get away with this? Is the Maine media?

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