I hope this bank bailout plan puts paid to the widespread misrepresentation of President Bush as a conservative. Bush is not a conservative. Not in foreign policy with his radical Wilsonian idealism (see the Bush Doctrine); not in fiscal matters with huge deficits and, now, the $700bn bailout (read nationalization) of the banks' bad debts; not with the prescription drug plan or the expansion of the federal government's role (& budget) in education.
Honestly, I have trouble seeing what - other than the two Supreme Court appointments - President Bush has done that fits the label "conservative".