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What CNN’s King Didn’t Ask McCain: If the Wall Street Bailout Was So Bad, Why Did You Vote for It?
Newsbusters ^ | October 12, 2009 | Jeff Poor

Posted on 10/12/2009 5:12:03 AM PDT by Rufus2007

Here was a chance for Sen. John McCain, R-Ariz. to admit he was wrong, and to conclude publicly that government intervention in the private sector doesn't always result in the best of outcomes.

McCain appeared on CNN's Oct. 11 "State of the Union" in a pre-recorded interview and was asked by host John King if the lackluster recovery of the economy warranted more government intervention.

"The president has said he's considering new initiatives to help job creation," King said. "They passed one stimulus plan and most Republicans, including John McCain, have been pretty critical of this $787-billion stimulus passed early in the year. Should the President do more now through government spending, though tax incentives or should he wait because, as you have said many times, we have so much red ink, we can't afford much more?"

...more (w/video)...

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; News/Current Events; US: Arizona
KEYWORDS: bailout; cnn; johnmccain; tarp
McCain strikes again.
1 posted on 10/12/2009 5:12:04 AM PDT by Rufus2007
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To: Rufus2007

What was that direct mortgage bailout proposal that McCain was pushing during the campaign? I think he’s referring to regrets that we didn’t go for that option instead. (Which may have been an even worse idea than TARP was.)


2 posted on 10/12/2009 5:15:26 AM PDT by 9YearLurker
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To: Rufus2007

I’m a lot more concerned about his “Let a thousand flowers bloom” comment. That’s what Mao said to get dissidents to pop their heads up so they could be rounded up and executed.

McCain is a freakin nut case.


3 posted on 10/12/2009 5:17:37 AM PDT by cripplecreek (Seniors, the new shovel ready project under socialized medicine.)
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To: Rufus2007
YOU CAN'T FIX STUPID.

(Give McCain the Bob Dole award and retire him to do sun screen lotion ads.)

4 posted on 10/12/2009 5:20:25 AM PDT by Leisler (It's going to be a hard, long winter)
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To: cripplecreek

McCain wouldn’t know Mao if you dropped on him a 40 foot, leather bound copy of the Chairman’s Little Red Book.


5 posted on 10/12/2009 5:22:15 AM PDT by Leisler (It's going to be a hard, long winter)
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To: Rufus2007
Sunday,

Somewhat revisionist.

"We were ahead in the polls, until the stock market crashed ... " McCain rushed to Washington to help resurrect the bailout bill that had gotten trounced. Not only did he help resurrect it, but he assisted in getting about $184 Billion pork added to it. After JohnnyMc voted for it, his numbers declined significantly, and they did not improve.

JohnnyMc shot himself in the foot and blamed the Stock Market crash.

Facts sort of get in the way, JohnnyMc:

July 15 DOW 10,962  
Sept 23 10,854  
Sept 24 10,825 McCain Suspends
Oct 01 10,831  
Oct 10 8,451 Market Drops

6 posted on 10/12/2009 5:30:23 AM PDT by TomGuy
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To: Rufus2007
As bad as obama is and even though I voted for McCain, McCain frequently makes me thankful he didn't win.

It will be a gift to America if the good people of the great state of Arizona retire McCain in the coming election.

7 posted on 10/12/2009 5:33:34 AM PDT by GBA
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To: rabscuttle385; Rufus2007

Neil Cavuto FNC ripped McCain spokesman on his show the day before the election for trying to have it both ways on this.(unlike all the last minute McCain or die-ers like Hannity, Levin, .)

Not only did McCain vote for TARP1, but he refused to give a statement on the Senate floor, sneaking in to vote like the rate he is. Then a few weeks later he was acting as if he opposed TARP1. He had a chance to be a leader, and pooped in his pants in fear.


8 posted on 10/12/2009 5:33:42 AM PDT by sickoflibs ( "It's not the taxes, the redistribution is the government spending you demand stupid")
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To: Rufus2007
exactly !

THIS is why McCain lost. He was ahead in the polls (because of Sara) till he suspended his campaign and decided to support the stimulus.

If he had taken a stand against the stimulus, he would of won in a landslide.

It would of given the voters (who were overwhelmingly against the stimulus) a clear choice, and simultaneously drawn a distinction between himself and Bush.

9 posted on 10/12/2009 6:35:16 AM PDT by TexasFreeper2009 (Obama lied, the economy died)
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To: TexasFreeper2009
Dullard McCain managed to burnish his credibility as a ‘Maverick’ by picking SP as VP but true to form, McCain is such a Media stooge he rushes to DC and does exactly nothing but reveal his Inside the Beltway lack of Maverickness! He's such a dull tool! Put him out to pasture along with Myth!
10 posted on 10/12/2009 7:14:59 AM PDT by iopscusa (El Vaquero. (SC Lowcountry Cowboy))
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To: Rufus2007

“If the Wall Street Bailout Was So Bad, Why Did You Vote for It?” = Zing!


11 posted on 10/12/2009 8:37:44 AM PDT by cranked
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To: Rufus2007

McCain, the guy who suspended his campaign to fly back to Washington to do.....nothing.


12 posted on 10/12/2009 8:40:39 AM PDT by dfwgator
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