Democrats may be risking a backlash at the polls in November by pushing hard to use taxpayer money to rescue homeowners who can no longer afford their mortgages....... now they didn't.
The Democrats in Congress and the party's presidential candidates frame the issue as doing at least as much for beleaguered homeowners as the government is doing for Wall Street. The White house and most House Republicans counter this amounts to using taxpayer money to reward bad behavior.
The State Department has just renewed its contract with Blackwater Worldwide to provide security for American diplomats in Iraq for at least another year.Consistency, after all, is the hobgoblin of small minds.
Guards for the security company were involved in a shooting in September that left at least 17 Iraqis dead at a Baghdad intersection. Outrage over the killings prompted the Iraqi government to demand Blackwater's ouster from the country, a criminal investigation by the FBI, a series of internal investigations by the State Department and the Pentagon, and high-profile congressional hearings.
The first item is from the Wall Street Journal for May 12 (via The American Street), the second from the Seattle Times for May 10.
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