Class War

Wow, didn't see that coming.

Reading Lori Montgomery's WaPo story about how TARP will "only" cost taxpayers $25 billion, she equates that figure with something completely unexpected in the very first paragraph.

The Troubled Assets Relief Program, which was widely reviled as a $700 billion bailout for Wall Street titans, is now expected to cost the federal government a mere $25 billion - the equivalent of less than six months of emergency jobless benefits.

Whoa! Oh I get it. We paeans shouldn't complain about the cost of TARP because it is only worth six months of unemployment assistance.

Nice to see Montgomery and Post compare the pittance of bailing out Wall Street fat cats with the jobless plight of middle class Americans...the very workers who lost their jobs in large part because the federally rewarded Masters of the Universe wrecked the economy and nearly brought the world to a global financial meltdown. The Post has been adhering ever more closely to the management party line in any debate (just read any of their anti-union (both local and national) editorial screeds), but this takes things to a whole new level.