Not blaming the Republicans (who without their votes this never would have passed
Of course the Theothuglicans are mostly responsible for the bailout.
1. They proposed it. They wrote it up as a bill. They submitted it to congress and they rounded up the votes. Bush is president, Paulson is treasury sec.. Paulson is the architect of the whole bailout as well as the administrator. Paulson is a republican, serving under a republican president.
2. Bush could have vetoed the bill. He didn't. That is because he wanted it, and wanted it badly.
3. More significantly, the GOP is responsible for this whole mess that has destroyed our economy and a lot of people's lives. They controlled the government for the last 8 years.
Some of the dems went along with it. At this point, the ship of state is sinking fast. The dems really couldn't be seen sitting back and blocking efforts to salvage what they can. The GOP has 300 million hostages, a lot of leverage there.
If the GOP hadn't screwed up in the first place, there wouldn't have been a need for bailouts. When all you have are lies, you got nothing.