Should Obama come out in support of the Bailout Bill?

[jefferson_dem]

Should Obama come out in support of the Bailout Bill, supposing it's the "bipartisan compromise" version Rep. Frank and other Democrats support - $700 billion with strict congressional oversight and controls on executive compensation.

[Indenturedebtor]

1. Has to. It's going to pass and to not do so would make him appear an ineffective leader

As much as I don't like it.

But I would like to see the 150 billion version go through instead of the 700 billion.

[jefferson_dem]

2. Agreed.

If a bipartisan deal has been struck, and it is destined to pass, he really has no choice. I hope people realize that.

Watch him provide principled leadership along the way...

[mattvermont]

3. no immunity for fraud

within any of the bailed out companies

[chimpymustgo]

4. THat's a HUGE supposition. You know the bill will be BULLSHIT and will allow the robber barons

to continue robbing us - and getting away scot-free.

Just turn over all your money. And your children's money. And your grandchildren's money.

[iceman66]

5. NO

He should make it very clear that he can't support it because it does not go far enough to protect the taxpayers (because you know it won't).

If it absolutely MUST pass, let other Dems in Congress vote for it, as long as all or nearly all of the Republicans do.

This is likely to be a very unpopular measure, and Obama should do everything he can to hang it around the neck of the Republicans!

[NightWatcher]

6. NO, make the repukes own this broken economy, then run against it for 30+ more days

now's not the time to play nice. We are trying to beat them, not make friends with them

[Davis_X_Machina]

7. When there is one, we'll see.

as framed in the question.

Right now, no one knows what it looks like.