Wall Street Casino

This approach ignores some pretty basic history: that the banks imploded while Republicans held the White House; that President George W. Bush started the rescue; that many Republicans voted for the bailouts; and that they stabilized a financial system that was perilously close to collapse.

More important, it’s a distraction from the very real reasons the nation needs to tighten the rules governing finance. They were on vivid display on Tuesday in a hearing room just down the hall from the Senate floor where Republicans voted the day before to block debate on a Democratic financial reform bill.

Is the financial regulation bill strong enough?