This bailout is not yet a done deal; I don't care what Barney Frank or any other Democrat says.

But it is clear that the administration, which now has McCain on its side, is gunning for the same kind of unconstitutional, unsupervised executive branch power that it did in the Patriot Act and in all of its dealings in and about Iraq.

There is still awareness among Democrats that this bailout is unpopular, despite some confusing polling. Even people convinced there is a real crisis, and let's remember that even someone like Krugman admits there are some very real problems, still hate what is happening. Read more…