As a public service to my friends who are confused about the bailout, I reproduce here almost all of Dean Baker's posts on the bailout, in chronological order from September 19 through this morning.
September 19, 2008
"Questions on the Bush Bailout Package"
September 20, 2008
"The Budget and the Bailout"
"Progressive Conditions for a Bailout"
"Paulson Proposal: A Blank Check for Proven Incompetents"
September 21, 2008
"Paulson Missed the Bubble and Understated the Financial Crisis at Every Point"
"Senator Shelby Doesn't Understand the Bailout"
September 22, 2008
"Stocks Fall Because Congress May Not Give Banks Windfall"
September 23, 2008
"Extending the Bailout: It's Simple, Sell Us the Company and You're In"
September 24, 2008
"Leonhardt is Wrong, Limiting CEO Pay is Not a Sideshow to This Bailout"
"Paulson Says Bailout Is Not Urgent"
September 25, 2008
"No Bailout: Stop Rewarding Incompetence"
"MarketPlace Radio Misleads the Public on the Crisis"
"The Washington Post and Peter Peterson: Two More Reasons to Oppose This Bailout"
"NYT Gets It Wrong: Credit Has Not Frozen"
September 26, 2008
"The NYT Wants to Prop Up Pets.com Stock Price"
"Bailing on the Bailout, or Is It Too Big to Bail?"
September 27, 2008
"Bailout Conditions: Ending Welfare as We Know it Now"
"Wall Street's Infinite Sleaze: Goldman and AIG"
September 28, 2008
"Financial Meltdown: The Day After"
September 29, 2008
"NPR Misrepresents Bailout"
"Why Bail? The Banks Have a Gun Pointed at Their Head and Are Threatening to Pull the Trigger"
"The Bailout Round II: Adult Version? "
"NYT Promotes Hysteria on Bailout Bill"
September 30, 2008
"The Stock Market Is Not the Economy"
"When Wall Street Needs Money, Rules of Journalism No Longer Apply"
"How Do You Make a DC Intellectual Look Less Articulate Than Sarah Palin Being Interveiwed by Katie Couric?"
October 1, 2008
"Thomas Friedman: Another Example of Bailout Support Due to Unthinking Fear and Anger"
"Economics Lesson for Reporters: Other Things Equal, a High Stock Market is a Transfer of Wealth from People Who Don't Own Stock to People Who Do"
"The Credit Squeeze Scare"
October 2, 2008
"Responsibility and the Bailout: Will They Resign If It Fails?"
"The Plunge in Commercial Paper"
"Washington Post Gets Its Argument for the Bailout Wrong"
October 3, 2008
"NYT Reports On Paulson's Role in the Great Heist"
"Letting the Bank Robber Fix the Bank's Books"
"The Problem Is House Prices, NOT Interest Rates"