Using their tool, as you put it, is using a socialist redistribution scheme. Slapping a conservative label on it doesn't change that. It hasn't worked anytime it's been tried, ever. This is the flip side of the everybody does it (or the Clintons did it first) defense every time we see a Republican get caught with his hand in the till. Now, this time it's "The Dems buy votes, so why shouldn't we? It's not bad because our intentions are pure."
Except that GWB seems to have an uncanny ability to pick routes that, in general, ARE WHAT WE WANT! Sure, it seems bad now--but look at the long run. Don't be so deadset against the idea that we must PLAY THE GAME to WIN the game. They've had it Their way for 60 years--we aren't going to get it our way in 3. We have to use their tools against them. Call it subterfuge, schadenfreude, whatever you want, but realize that in the end, it is OUR vision that the Fed is putting in place, not THEIRS. THEY have continually used the Fed to institute, as you put it, a socialist redistribution scheme. So now, we use their scheme to DEFEAT them--REMOVE the gov't dependency at its root, from the ground up.
I look at the Gulf Coast as that opportunity--rebuilding it from the ground up the way WE want things to run. But that ain't free. Now, if it is a perpetual giving scheme, where the Gulf Coast is dependent on the Fed from here till "the sun burns out," you have a point. But that is not what is happening...