Why not oppose TARP?

Alex J., a loyal MR reader, asks:

How come no prominent politicians carved out the underutilized political resource of opposing TARP?

The Democrats thought they will get their hands on some of the money (true) plus they were happy to see a Republican President take part of the fall.

As for the other party, how many prominent Republican politicians are there?  John McCain thought, rightly or wrongly, that he was acting in the national interest by supporting this part of the bailout.  McCain supporters were scared away from challenging him on that issue.  So only some of the more radical and less recognized Republicans opposed the bailout.  Sooner or later a few of them will become prominent and then the premise of this question will no longer hold.


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