The Democrats propose to tear down the Washington Monument. The Republicans counter with a plan to do it in three stages. They settle on a “bipartisan” plan to do it in two stages. That’s the Washington, DC way in the age of the two-legged Republican/Democrat socialist beast.
(a) TARP was a good idea, but in practice it meant that the bankers made billions and the people paid through the nose.
(b) But raising the debt ceiling is a different good idea, and the outcome will be the reverse: the people will pay through the nose and the bankers will make billions.
Sorry, I'm not buying it. Those who oppose insane, profligate government spending have exactly one ace card, their control over the debt limit. And when you have an ace card, you don't discard it and you don't negotiate it away. You play the darned thing, and let the chips fall where they may.