Remember Mike Huckabee? A year ago he was the cynosure of the MSM, the new face of evangelical politics who wanted to do right by not-so-legal immigrants (or at least their kids) and was happy to tweak the free-market fundamentalist Club for Growth as the “Club for Greed.” Now he’s got got his own show on Fox and, while nominally supporting John McCain, is ramping up populist rage against the financial bailout in a way that avoids any thought that deregulation policy might have gone a bit too far. As in:
The problem, we’re told, is with the regulators. Actually, that’s not true. The problem is that you failed to regulate the regulators…Getting rid of capital gains taxes, changing the mark to market accounting rules that created some of the artificial devaluation of assets, and insuring bad loans instead of actually buying them are all ways that the situation would be addressed without such a huge risk.
Yep, it’s all about congressional greed and laziness. I predict that the Club for Growth (which, incidentally, opposed the bailout but wasn’t able to come up with an alternative of its own), won’t be making life difficult for Huck in 2012.