Market Stabilization Bill Porking Up

As Time puts it, it's politics as usual. Rather than moving quickly on the $700 billion bailout proposed by the administration, congress is filling it with pork and red tape. Though not all the ideas are bad, notably a brilliant idea by Sen. Schumer(D, NY) to take stock as collateral for the bailed out, most are pork for various constituents. It seems nothing can get through Congress without everyone tacking on some unwarranted spending.

Though there are certainly different schools of thought of how to deal with the current situation, no one with any sense could propose that a pork-laden version of one of the ideas is better than the idea in central form. Congress should be ashamed of it's looting, but it has already been established that Congress has no shame.