The Daily Obsession: Is It a Bailout?

With the issue of health care reform legislated to death, Congress is now tackling financial reform, where Democrats are proposing a bill that has started a game of “political chicken” (or “political football,” depending on your cable news loyalties) between the parties. It includes a $50 billion pre-liquidation fund for failed banks, and whether that translates into a permanent bailout or not is any pundit’s guess.

Here is today’s Daily Obsession:

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