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Really, I don't understand the political calculus in them opposing the bailout. Most Americans will not ultimately care that much about the bailout but those that do are concentrated in a few states -- Michigan, Indiana, Ohio -- that the Republican NEED to be competitive in. It's simply political suicide. Do they need anymore disadvantages in those three states, in addition to the enormous problems they have in the Pacific West, Northeast, and much of the mid-Atlantic?
The two leaders taking the charge in opposing the bailout -- the Southerners McConnell and Shelby -- really don't seem to understand how these political decisions are only furthering their party's sequestration into the South.