- I don't believe that Henry Paulson and Ben Bernanke are lying, devious hacks simply because they were appointed by Bush. I don't believe that Paulson's aim is simply to enrich himself after his current gig is up. I don't believe the runup to the Iraq War is a particularly relevant comparison to what's going on now.
- I don't believe that most people know that the $700 billion is not an outright cost to the taxpayers, flushed down the toilet, never to be seen again. That's the proposed outlay for the assets, which are not totally worthless, and might even be sold later at a profit. The problem is that no one knows what they're actually worth.
- I don't believe the press has been particularly helpful in making that distinction clear to people — maybe because they're not clear on it themselves.
- I don't believe that the first people we should be listening to right now are Markos Moulitsas, Jerome Armstrong, or Chris Bowers.
- I don't believe that House Republicans voted against the bill because Nancy Pelosi is too mean.
- I don't believe yesterday's or today's stock market is the appropriate measure for how urgent the bill is. (I do believe it's the credit markets, since that's what this is all about.)
- I don't believe that Republicans know how to govern. At all. I don't believe they have anything constructive to offer.
- I don't believe that Congressional Democrats know how to govern as progressives — which is what is desperately called for right now. The bones we were thrown to us in the bill that went down yesterday are proof of that. Extra votes ought to be found by strengthening the progressive side of the bill — oversight, getting equity, CEO pay, etc. Enough Republicans will go along, particularly those spooked by the market panic. (Or not.)
- I don't believe Republicans have anything to gain by voting against an eventual bill and then running against Dems who voted for it. People know who the president is, and who has enabled him with their sycophancy. They're still doomed. It's all over but the shouting — this is the shouting.
- I don't believe that anyone who votes for the bill is politically helpless against criticism from a challenger. Whatever position one takes, one has to play offense.
- I don't believe Obama or McCain are leading much of anyone in Congress right now. I don't think that's surprising.
What don't you believe?
Please share widely!