Both sides have their spin machines and talking points, that's for sure, and none of them are perfect. But I tend to give more credence to what I hear from McCain, Joe Leiberman, and Lindsey Graham than I do to Obama, Pelosi and Frank.
I personally heard McCain say that any legislation on this bail-out that would get his support had to have independant oversight, among other things, and that was prior to his going back to D.C. and prior to Obama taking credit for the same pre-requisite.
The Republicans were not even being allowed to participate in the discussions with the Democrats, having meetings without informing or inviting the Republicans, similar to what they did after the initial logjam where Pelosi called a meeting, supposedly of two Democratic Representatives and two Republicans, and then nine Democrats show up!
One of the add-ons that the Republicans got rid of was that absurd 20% to ACORN. That in itself was a great service to the taxpayers.
And I was particulary glad that the Democrats had their scheme blow up in their faces when they announced an agreement had been reached even before McCain got to D.C., and that he could just go away, in an attempt to make him look bad.
The Democratic policies that contributed in a major way to this current financial crisis is disgraceful. It may have started out with good intentions, but let's face it, people who can't afford mortgages shouldn't have been given them, and financial institutions shouldn't have been forced by the government and intimidated by community activist groups like ACORN to give them. It's not a right for everyone to own a home. It's a privilege, if you can afford to pay for it. Period. And then the Democrats want to turn around and continue these same wreckless policies. I don't get it, I really don't.
I think another major reform should be to make it illegal for Fannie Mae and Freddie Mac from future political contributions. As it is right now, or was until two weeks ago, they basically owned Congress. Shameful. And now we get stuck with the bill.