Shouldn't Obama be offering a "BOTTOM UP" solution to the credit situation...

[polichick]

Like DeFazio, Woolsey, Kucinich & others in the House?

Or, in your view, is he doing that?

[leftofcool]

1. Let's see how he votes

[jacksonian]

2. he is, but

this is a stopgap stabilization bill, not the entire fix of the mess - that's what the next congress will do. The entire economic framework needs to change, but that's a bit much to expect this week. What's needed now is a show of financial support to avoid investor panic and bank runs. Bottom up solutions are better and more permanent, but take longer and don't solve the immediate credit issues now.

Once broken, markets are extremely difficult to put back together again.

[Curtland1015]

3. Exactly. This bill is to stop the bleeding. Rebuilding the economy comes later. N/T

[Spritz57]

4. Politically speaking,

It would probably be best for him to vote yes (providing the majority of both parties are on board) but hopefully the bill will limit the amount of funds the Bushies can draw down until the next president gets into office. Perhaps this is the best political solution. Personally, I wish this whole process had been much different and the resulting bill was less a top down approach (dare I say trickle down) but our candidate's election in the long run is too important in the long run to jeopardize.