McCain messes up bailout (kills economy)

[swake]

Quote:

At one point in the White House meeting, according to two officials, McCain voiced support for Ryan's criticisms of the administration's proposal. Frank, a gruff Massachusetts liberal, angrily demanded to know what plan McCain favored.
These officials also said that as tempers flared, Bush struggled at times to maintain control.
At one point, several minutes into the session, Obama said it was time to hear from McCain. According to a Republican who was there, "all he said was, 'I support the principles that House Republicans are fighting for."'
Some at the table took that to mean the conservatives' alternative proposal, which stands little chance of passage.
A few hours later, Paulson and the handful of negotiators wearily headed for home. Frank told The Associated Press: "I did tell Secretary Paulson that this whole thing is at risk if the president can't get members of his own party to participate."

http://www.msnbc.msn.com/id/26884523/

[Conan71]

Do hyperbole much?  

Oh yeah, I forgot you aren't partisan at all. [xx(]

[tim huntzinger]

I thought Swake was GOP.

[iplaw]

Alert the media! You found an MSNBC story that thinks McCain screwed up the deal...

First the story from the left was that McCain sat silent and did nothing.

Now the story is that he single handedly destroyed the deal.

There was NEVER a deal reached.  A deal between TWO parties in a THREE party negotiation does not a deal make.

Put down the crack pipe folks and walk away slowly.

[Townsend]

From CNN and MSNBC I got the visual of a bunch of silverbacks thrashing about and breaking twigs to get their points across.

[swake]

FoxNews version, very similar:

But as Obama and McCain left, officials and aides who had attended the meeting said the summit ended on a very low note.

"This meeting ended bad - real bad," one source told FOX News. Others described the tone as "angry" and "heated," saying Democrats were upset with House Republicans in particular who would not drop their opposition to the administration's proposal.

"We may have gone backward," another source said.

Some Democratic leaders said as much publicly, laying the blame partly on McCain, whom they accused of destabilizing the talks by calling for the candidates to enter the economic negotiations.

"The next thing we know, he's in a position frankly where he's making it harder to get things done, rather than help us negotiate differences," Rep. Barney Frank, D-Mass., said.

Obama said more work needs to be done to resolve differences, but he didn't see a need for the candidates' direct involvement in negotiations.

"Here's my observation and I think this may have been confirmed at the meeting today - when you inject presidential politics into delicate negotiations, sometimes it's not helpful. The cameras change things," Obama told FOX News. "It's not clear to me that having presidential candidates in a high-profile way in the negotiating process is useful."

Banking Chairman Chris Dodd, D-Conn., said, "It was a photo op for John McCain. ... It was a rescue plan for John McCain."

Bush called Thursday's emergency meeting with lawmakers the night before, after Sen. McCain announced he was suspending his campaign activities to deal with the rescue package.

Though McCain and Obama exited without making any comments, Republican Sen. Richard Shelby of Alabama emerged from the meeting to declare there was no agreement.

"I don't believe we have an agreement," said the ranking minority member of the Senate Banking Committee. "There's still a lot of different opinions."

The top two Republican leaders in Congress, House Minority Leader John Boehner and Senate Minority Leader Mitch McConnell, issued statements saying there was not yet an agreement.

White House press secretary Dana Perino said after the high-stakes meeting that "there is a clear sense of urgency and agreement on the need to stabilize the financial markets and prevent a massive financial crisis from affecting everybody in America."



http://elections.foxnews.com/2008/09/26/deal-for-financial-bailout-disintegrates-as-obama-mccain-look-on/

[iplaw]

Wow. Now two stories claim that Democrats think John McCain was at fault....

Good work.

I think I read something on Drudge today about water being wet.  You may want to look into it.

[swake]

Again, quote:

According to a Republican who was there, "all he said was, 'I support the principles that House Republicans are fighting for."'
Some at the table took that to mean the conservatives' alternative proposal, which stands little chance of passage.

[iplaw]

Oh my God.  John McCain supports an unpopular piece of legislation because he believes in it.  I don't recall him ever doing that before.

[B)]

Too bad he doesn't just go along with the President and Paulson and sign on to a bill that he doesn't believe in.

[Hoss]

quote:Originally posted by iplaw

Oh my God.  John McCain supports an unpopular piece of legislation because he believes in it.  I don't recall him ever doing that before.

[B)]

Too bad he doesn't just go along with the President and Paulson and sign on to a bill that he doesn't believe in.

It makes him look disconnected by saying that.  If I were him, or at least his handlers, I probably would have had him say little to nothing.

Him saying that almost intonates he had no input in the process (likely) and didn't review it very well.

[pmcalk]

From CNN:

quote:
At the bipartisan White House meeting that Mr. McCain had called for a day earlier, he sat silently for more than 40 minutes, more observer than leader, and then offered only a vague sense of where he stood, said people in the meeting.

....

Still, as a matter of political appearances, the day's events succeeded most of all in raising questions about precisely why Mr. McCain had called for postponing the first debate and returned to Washington to focus on the bailout plan, and what his own views were about what should be done.

http://www.nytimes.com/2008/09/26/us/politics/26campaign.html?_r=2&pagewanted=1&ref=politics&oref=slogin

Leadership means to take a position.  If McCain cannot take a leadership role, he needs to leave.

[iplaw]

quote:Originally posted by Hoss

quote:Originally posted by iplaw

Oh my God.  John McCain supports an unpopular piece of legislation because he believes in it.  I don't recall him ever doing that before.

[B)]

Too bad he doesn't just go along with the President and Paulson and sign on to a bill that he doesn't believe in.

It makes him look disconnected by saying that.  If I were him, or at least his handlers, I probably would have had him say little to nothing.

Him saying that almost intonates he had no input in the process (likely) and didn't review it very well.

I highly suspect that you'd have something negative to say about McCain regardless of whether he said nothing, said quite a bit, or was not in DC all together.  If he was preparing for the debate you'd be complaining that he wasn't focusing on the crisis.

[grahambino]

well, its quite obvious, this current bailout program is nothing but creeping MARXIST SOCIALISM!!!!

JOHN MCCAIN'S A MARXIST
JOHN MCCAIN'S A MARXIST
JOHN MCCAIN'S A MARXIST
!!!!

[iplaw]

quote:Originally posted by pmcalk

From CNN:

quote:
At the bipartisan White House meeting that Mr. McCain had called for a day earlier, he sat silently for more than 40 minutes, more observer than leader, and then offered only a vague sense of where he stood, said people in the meeting.

....

Still, as a matter of political appearances, the day's events succeeded most of all in raising questions about precisely why Mr. McCain had called for postponing the first debate and returned to Washington to focus on the bailout plan, and what his own views were about what should be done.

http://www.nytimes.com/2008/09/26/us/politics/26campaign.html?_r=2&pagewanted=1&ref=politics&oref=slogin

Leadership means to take a position.  If McCain cannot take a leadership role, he needs to leave.

I recall McCain came out with a specific plan around September 17 centering around the establishment of an RTC.  Whether you like his plan or not, don't pretend he hasn't put one forth.

What specific positions has Obama adopted?  I have heard very little from him since he got to DC.

[Hoss]

quote:Originally posted by iplaw

quote:Originally posted by Hoss

quote:Originally posted by iplaw

Oh my God.  John McCain supports an unpopular piece of legislation because he believes in it.  I don't recall him ever doing that before.

[B)]

Too bad he doesn't just go along with the President and Paulson and sign on to a bill that he doesn't believe in.

It makes him look disconnected by saying that.  If I were him, or at least his handlers, I probably would have had him say little to nothing.

Him saying that almost intonates he had no input in the process (likely) and didn't review it very well.

I highly suspect that you'd have something negative to say about McCain regardless of whether he said nothing, said quite a bit, or was not in DC all together.  If he was preparing for the debate you'd be complaining that he wasn't focusing on the crisis.

I've had plenty negative to say about a man who said 'he wouldn't take the low road' during his presidential campaign and then did just that when his poll numbers reflected he was behind.

I actually liked McCain at one point and was pretty undecided until about the middle of August.

Then this pandering to women and the religious right by his veep choice of SquareGlasses.  Yep, my mind was made up then.

I could care either way about whether or not he shows up for the debate.  It's his donkey on the line politically.  Many people agree he should be there, not just me, and not just democrats.