Monday, March 30, 2009

Department of Easy Questions

Kevin Drum:
Still and all, don't you wish that Obama were willing to treat bankers the same way he's treating the carmakers? It's pretty much impossible not to compare his tough words this morning with the conciliatory tone and even more conciliatory actions he's taken with the financial industry.

I realize it was rhetorical, but I just wanted to get my emphatic "YES!!!!" on record. I really like pretty much everything I've heard and read about Obama's auto bailout, but it is indeed pretty hard not to notice the hypocrisy here. I don't know if it's because the Wall Street lobby is significantly more powerful than Detroit, or if the White House is genuinely changing its approach to these bailouts... but I certainly hope it's the latter.