Video: The TARP clusterfark

A new one from the American News Project. Nothing here you don’t already know, especially if you read Michelle’s site, but it’s a succinct complement to my post earlier about McCain’s sudden interest in conditioning bailout money on industry concessions. Where was that prudence when he and The One were voting to greenlight a Wall Street rescue package that’s ended up as a de facto slush fund? The two of them had the good sense to co-sponsor the transparency bill in 2006 that made federal spending projects searchable online, but not to demand that banks receiving a $700 billion taxpayer handout let people know what they’re doing with the money? Or better yet, to require that the banks actually use the money for lending to ease the credit crunch? How’d that happen?