Yeah, sure he voted for it, but now wants, to paraphrase John Kerry, to be against the stimulus after he was for it. Because, after all, he was ‘misled’ into supporting it. Yeah, that’s leadership for you–as Politico notes, “retroactive opposition” to bailouts and obscene liberal spending. Loser.
McCain suspending bailout support
But John McCain is debuting a new line, seeking a way retroactively to oppose the bailouts that he supported so energetically he suspended his campaign to back them…
McCain did say he thought TARP needed to be done, but I suspect he’s not the last politician, of either party, to seek creative ways to distance himself from the policy.
Sen. John McCain: I was misled on bailout
Under growing pressure from conservatives and “tea party” activists, Sen. John McCain of Arizona is having to defend his record of supporting the government’s massive bailout of the financial system.
In response to criticism from opponents seeking to defeat him in the Aug. 24 Republican primary, the four-term senator says he was misled by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke. McCain said the pair assured him that the $700 billion Troubled Asset Relief Program would focus on what was seen as the cause of the financial crisis, the housing meltdown.
“Obviously, that didn’t happen,” McCain said in a meeting Thursday with The Republic’s Editorial Board, recounting his decision-making during the critical initial days of the fiscal crisis. “They decided to stabilize the Wall Street institutions, bail out (insurance giant) AIG, bail out Chrysler, bail out General Motors. . . . What they figured was that if they stabilized Wall Street – I guess it was trickle-down economics – that therefore Main Street would be fine.”
Nearly 15 months later, commercial lenders still are in shaky condition and the commercial real-estate industry is in trouble, he said. On Friday, President Barack Obama
announced $1.5 billion in funding for new measures to help Arizona and four other states hit hard by the tanked housing market and by joblessness.
McCain, you’ve been in the Senate so long you can tell us if Julius Ceaser prefered mustard or mayonaise on his cheese burger. If you can, by your own admission, be misled by a first termmer like Obummer, then it’s REALLY time for you to go!
The photo makes Juan McCain look like a demented Popeye (My apologies to Popeye…he was far more loyal and trustworthy).
Roll out the barrel. We’ve got the old Maverick on the run.