The political framework of the Republicans is that they want to call everything a bailout. And when it's not a bailout, they want to act like it is. They want to call this TARP even when it's not. So this doesn't fit into the definition that they want to use out there on Fox News and elsewhere, but the fact of the matter is it's coming out of Treasury. Treasury deserves the oversight.
Driehaus critiques Republican framing of financial measures as bailouts.
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There is not a dime of TARP money going into this bill. You are undermining the authority--or attempting to undermine the authority of the Inspector General of Treasury.
With all due respect to the gentleman, I know that this doesn't fit into the political framework of the Republicans to suggest that this is not TARP, this is not another bailout, this is about helping small businesses.
They're engaged in rhetoric that goes well beyond the pale of what's responsible. They're inciting behavior. And I think they should be held responsible for that.
They're engaged in rhetoric that goes way beyond the pale of what's responsible. They're inciting behavior and I think they should be held responsible for that.
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