Yeah, that's right. The estimated one trillion dollars to be spent on the bailout-the ones-whose-greed-prevented-them-from-doing-common-sense-bailing-back-when-the-water-was-around-their
-ankles plan, if that one trillion were given instead to every man, woman, and child in Montana, it would make each one of them a millionaire. Or heck, why not make every family in Vermont AND Wyoming millionaires. It's hard to fathom just how much money we're talking about here.
Who cares?
If I were a politician, I'd be playing this populist tune in all its endless varieties. I think the above strain really drives home the point to the average American struggling to keep their homes and avoid bankruptcy just how ridiculously sweet the deal which Wall Street would be getting really is. Maybe the tune is too un-presidential for Obama to play. Fine, let Biden or surrogates play the tune while Obama opposes the bailout with more elevated, sophisticated rhetoric.
I profess no opinion as to whether the bailout is economically the right thing to do. I have my doubts, as do many economists. But the issue of whether supporting or opposing the bailout is politically the right thing to do seems to me to be a no-brainer.