I get a lot of regurgitation from the nutroots thoughtful dissent questioning how I can be against the $17.4B auto bailout but not against the $700B bank bailout. Why do I hate the middle class? Why do I…place Michael Moore/MSNBC/HuffPo talking point here?
Settle down now, Beavis. Why I may not have been blogging two months ago, I was most definitely against that bailout as well. There were quite a few angry phone calls with my favourite lefty sparring partner, both of us wondering how exactly we’re giving $700B to the people who got us into this mess, trusting the people who ignored the fact we were getting into this mess with oversight and/or to make sure the money wasn’t being wasted, trusting Congress to have a clue when they constantly prove to us that they don’t, and wondering why we’re having a gun pointed to our head with the threat that if we don’t bailout the banks on Monday we’re going to be solely responsible for causing Great Depression v2.0 on Tuesday.
People also seem to forget that, way back in September, it was more R’s who voted against the first bailout than voted for it…and it turns out they were right to do so. The one’s who voted for it…if Senators can get away with admitting they were wrong fro voting for war, they can get away with apologizing for this. As for them voting for it in the first place, I blame John McCain.
When he suspended his campaign to work on the bailout…I got excited. This was going to be the McCain I knew and the McCain I was excited to vote for. He was going to meet with the House GOP, meet with the White House, and then have two words regarding the bailout: “Bite Me!” And while opposing the bailout may have upset the editorial boards and everyone on MSNBC except for “Morning Joe,” McCain opposing the bailout would have a) been true to who he was an who he claimed to be, b) given the ENTIRE REPUBLICAN PARTY a chance to break with George Bush, and c) put the R’s on the side of the American people who opposed to bailout by aboot 4-1.
Instead, he goes to Washington to try and convince Republicans to vote for it. Some listened…most didn’t, and made him look like a punk when they voted it down. Then comes the senate vote…and the bill that, by the time it hit the senate floor, was all porked up. Remember the John McCain who was going to fight pork and name names? Not only did he not do that…he didn’t even give a floor speech. He showed up last, voted, and got out of dodge.
Mind you, while all this was going on, once the market dropped it became clear that he was going to lose to Obama. And when I say “clear” I don’t mean clear to the people reading this blog right now…I mean clear to his campaign manager. If there was ever a time to stand on principle, that was it.
Instead he waits until a month and a half after the election to speak out. Great timing there, Slappy.
UPDATE: Plus, there’s this…
UPDATE DEUX: This will be annoying a few people too…
UPDATE TRES: And now he wants our money…
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When the House initially rejected the bailout, the market went up. But when the Senate passed it’s bill with McShame’s help – it started down again. Clearly, investors know what a bunch of mostly lawyers in Congress do not know when it comes to what results when you reward bad behavior. What’s just amazing is that McShame voted for the BBA in 1994. http://www.votesmart.org/issue_keyvote_member.php?cs_id=7712 Maybe he went senile and forgot all about ‘that’ idea…?
Mr. McCain blew the election and he should stand aside. I will no longer support him with any contributions.