"Nothing - absolutely nothing - could be politically safer than opposing George W. Bush. And yet the entire Democratic leadership, Barack Obama included, lined up to support a cockamamie plan proposed by this scorned and shriveled figure, a plan that was transparently nothing more than an audacious raid on the Treasury by Big Money hoods and yet another authoritarian power grab by a gang of murderous, torturing, warmongering toadies. This was the plan and these were the people that the Democrats decided to fight for."
One of the best places to look for a conspiracy is a political party that consistently turns down gold-plated political gifts. The cover story is always the same: we had to do it for otherwise our opponents would call us un-American. Yet this deal, presented to Americans as a necessary take-it-or-leave-it sole salvation of the 'American way of life' - you know, the lifestyle which provokes all that envy in the 'terrorists' - based on an almost comically sudden (see here) discovery of panic in September - as Andrew Card said 'From a marketing point of view, you don't introduce new products in August' - was obviously deeply unpopular with the American public. House Republicans figured it out: more Democrats voted 'yes' for the gift to the crooked banksters than Republicans.
What the American public is seeing is a Bush Administration conspiracy to loot their country for the benefit of a few crooked and incompetent but unbelievably rich paper shufflers, aided and abetted by the political party that claims to be 'progressive'. If one good thing comes out of this, perhaps it will be the end of various psycho-babble theories about why Americans consistently vote 'against their class interest' in refusing to vote for Democrats. Both parties represent the same class interests, but the Republican story - that everyone benefits if capitalists are supported - is at least a coherent political position. The House Republicans were able to reject the looting on the basis that it was 'socialism' to give money away to incompetent capitalists, as incompetent capitalists don't benefit the whole country. As addled as their analysis might be, it is consistent with their ideology, something the 'progressive' Democrats can't say.