Taibbi on the Tea party and the bailouts

[hifiguy]

Let's try this again,

"I want to make three points in response to this letter, since I've been getting a lot of emails along these general lines lately:

1) TALF was not an Obama program. It was instituted when George Bush was still president. Granted, its architects included people like Tim Geithner, but in general the bailouts were an absolutely bipartisan phenomenon, and the broad outlines for most of them were drawn during Bush's presidency. They were merely continued with gusto under Obama...."

More at http://www.rollingstone.com/politics/blogs/taibblog/mailbag-republicans-are-only-too-happy-to-spend-on-the-rich-20110413