[OFB Cafe] McCain/Bush bailout bill defeated by House.. Republicans?

Fred Smith fps at xicada.com
Mon Sep 29 22:39:54 CDT 2008


"It's really Sen. McCain who got all parties around a table to hammer
out a deal that hopefully is in the best interests of the American
taxpayer." - McCain campaign communications director Jill Hazelbaker

"John McCain understands that had he looked like he was going to be
the key to the success, that Democrats would attack him and kill the
deal," Holtz-Eakin, McCain's senior policy adviser said. "That's what
you saw today. They were not going to let John McCain do the job that
he was trying to do: deliver a bill that would help the American
people."

Strangely, it was house Republicans that killed McCain's bill.  House
Democrats by and large voted for McCain's plan to raid the treasury
and pay off his friends on Wall St.   However, the house Republicans
weren't defending America's already doomed economy out of the goodness
of their hearts.  The major point of contention among republicans was
that McCain's bill didn't allow for large enough bonuses to failed
Wall St. executives.

McCain will be back though, pushing an even more outrageous bailout
plan through congress.  Some fiscal conservative this guy is.

-Fred




More information about the Cafe mailing list