WHAT IF THEY'RE ALL WRONG?

There is no real difference between the parties on the issue of financial bailouts in general. When they all puked up $700M for Hank Paulson to decide winners and losers, that ship sailed.

What if this is exactly the wrong way to fix an economy/credit market? What if it stifles the creativity of the free market? What if there is not enough money/credit left to do a bona fide public works project? What if this change in Gov't welfare policy causes mid-level folks to fail to retrain, when they might have done so, had they known their industry was going to shrink? What if this slows down the free market settling on true market prices for residential real estate?

If they're wrong, actual harm will have been done with money that could have done so much good.

I don't know that answer but this whole caper doesn't feel right to me--and I'm not even talking about the Automaker thing.