Many of us are still not convinced. I trust the instincts of Kevin Drum and Paul Krugman, but I also trust the instincts of Russ Feingold. And when Feingold agrees with the two Republican senators from Kansas, it gives me pause.
I understand how the credit market freezing would be bad, I think. What I don't get is why that freezing would be permanent. That is, if the bill passing today would keep credit from freezing up, would the same bill passed in two months--after the chill has really set in--would the bill really fail to unfreeze the market?
I guess I'm still wondering... what's the rush?
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