Just like a Populist!
You really think high public opinion and consensus are the same thing?  Or even related?  Sheesh.

I'm threading the needle between being completely serious and joking, but consensus means getting all the power players and smart people in the room to agree, at least when it comes to wonky technical stuff.  What's up with this "people" thing?

In all seriousness, if public opinion was highly in favor of something, this would be a pretty good counter point.  But from what I can tell, people are just sick of the whole thing and want the problem to go away.  All the options look bad and no one really understands any of them.

Go sponsor a poll where people are told receivership would cost much more than the bailout currently attempted and ask them if they'd rather try the bailout first or use receivership now.  Sure, I'd go for receivership, but I don't think we'd reach close to the 80%.


Others have rated this comment as follows:
lord_mike 4
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