Congressional Republicans have posted a far from impressive record in upholding free market principles in recent years. One of the few exceptions is Indiana Representative Mike Pence, who has the best short comment on the bailout I have seen all day:
“I must tell you, there are those in the public debate who have said that we must act now. The last time I heard that, I was on a used-car lot,” said Rep. Mike Pence, R-Indiana. “The truth is, every time somebody tells you that you’ve got to do the deal right now, it usually means they’re going to get the better part of the deal.”
And, yes, I realize that the day is only 35 minutes old, so I’m incorporating all of yesterday by reference.