Sullivan on the bailout

I’ve said it before; I’ll say it again: When Sullivan is off, whoa-boy, but when he’s on, he’s on.

My instinctive response upon hearing that the bailout failed was relief. I know the dangers of a meltdown. But I also know the dangers of perpetuating the toxic combination of denial and debt that has characterized the last eight years.

[My emphasis. – Nathancontramundi.]

In response to Ezra Klein’s riposte, Sullivan pithily remarks, “He says we don’t know for sure how much the bailout would cost. But isn’t that the problem?”

And more:

It’s funny, isn’t it, that when it comes to poor black women, the ethos is always welfare to work. But when it comes to millionaire white men, it’s always work to welfare. Maybe a little welfare reform on Wall Street is overdue.

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