A reader writes:
A quick point about "bailing out the wicked", especially the banks: it's called "reflation". Without reflation, we would have gone down the tubes. You don't worry if you're incidentally saving the assholes when you're already in the water struggling to get the life raft inflated. Now that the banks have proved they will survive and prosper — see Goldman Sachs recent earnings report — Obama seems to be pivoting from hands-off to pay-back and re-regulation.
What exactly is the problem with that game plan?
Oh, yeah, I forgot: BWAAAAAAHH!!!!!
The Dish 