Bailouts, Not Bonuses, are the Problem

Brian Darling / March 23, 2009

After over a year of the Bush-Obama Bailout Parade, there were some encouraging statements coming from the Senate last week.

Sen. Jim Inhofe (R-OK):

Should we be mad at the executives who are involved in this and who ran a once-great company into the ground? Yes. But that’s not where the blame game ends. That’s not where the buck stops. I know that I will upset some of my colleagues when I remind them, and the American people, that much of the blame should be directed right here, to the members of this body, the U.S. Senate, to the other side of the Capitol in the U.S. House for voting for the original $700 billion bailout. (more…)