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Playing chicken with U.S. economy
San Francisco Chronicle ^ | 9/25/8 | Debra J. Saunders

Posted on 09/25/2008 7:49:10 AM PDT by SmithL

Until Wednesday afternoon, when GOP presidential nominee John McCain announced that he was heading to Washington to work with congressional leaders and the Bushies to craft a better bailout bill, both McCain and Democratic candidate Barack Obama clearly had believed that the last place they wanted to be seen was in Washington.

More specifically, the last place McCain and Obama wanted to be seen was in the Senate, where they work. You see, the Senate, according to the latest CNN/Opinion Research poll, enjoys (if that's the word) a 22 percent approval rating, 78 percent disapproval. (The numbers for President Bush, by contrast, are 31/68 approval/disapproval.)

The Senate has done much to deserve its sorry reputation. Until McCain's announcement, Senate Leader Harry Reid seemed inclined to support the $700 billion bailout bill - provided Democrats could lard it with their own goodies - but only if McCain (and other Republicans) would support the package and provide the Dems with political cover.

"I got some good news in the last hour or so ... it appears that Sen. McCain is going to come out for this," Reid announced to Tuesday evening.

Then Wednesday, after it appeared doubtful President Bush would find the GOP support his plan needed, McCain announced he would come to Washington, because, "I do not believe that the plan on the table will pass as it currently stands, and we are running out of time."

Reid's office promptly released a statement that said, "We need leadership; not a campaign photo-op."

So the bailout is worth spending $700 billion of other people's money - but not worth McCain flying to Washington to broker a doable deal? Get the feeling Reid is completely out of touch?

I am no fan of this bailout package.

(Excerpt) Read more at sfgate.com ...


TOPICS: Editorial; Government; Politics/Elections
KEYWORDS: bailout; financialcrisis; mccainpalin; playingchicken; yourtaxdollarsatwork

1 posted on 09/25/2008 7:49:16 AM PDT by SmithL
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To: SmithL
Reid's office promptly released a statement that said, "We need leadership; not a campaign photo-op."

He must be speaking of Barry.....

2 posted on 09/25/2008 7:51:29 AM PDT by LaineyDee (Don't mess with Texas wimmen!)
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To: LaineyDee

SINCE when it doing your job a PHOTO OP?
They are United States Senators they NEED to be there working this out NOW BOTH of them they are leaders of their parties for crying out loud!!

COUNTRY FIRST!!


3 posted on 09/25/2008 7:56:14 AM PDT by Galleta (McCain & Palin "Change You Won't Regret")
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To: SmithL
Be it noted that in the thick of battle, Obama's idea of leadership was to refuse to postpone the scheduled Friday night debate. Until he could not say no, Obama's idea of leadership was to stay out of Washington,...
That must be some kind of racist code.
4 posted on 09/25/2008 8:04:10 AM PDT by SmithL (Drill Dammit!)
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To: Galleta
COUNTRY FIRST!!

Barry pledged allegiance to "Mother Africa" and would have to side with Islam... if push came to shove.

Personally.... I'm ready to shut down all the borders.....suspend any visas for foreign nationals.... and kick all known commies out of the country. If you can't pledge allegiance to the United States of America.........then you need to be OUT.... IMHO.

5 posted on 09/25/2008 8:14:17 AM PDT by LaineyDee (Don't mess with Texas wimmen!)
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To: SmithL

Isn’t there a place for aging ex-boxers with health and/or mental problems?


6 posted on 09/25/2008 9:38:35 AM PDT by dools007
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To: SmithL

Yep—McCain pulled off a doozy. No downside for him. Onada could have mitigated the damage to him, but he just can’t help putting his foot in his mouth. His “Call me if you need me” quip may go into the history books as one the dumbest and damning comments ever made by a politician.


7 posted on 09/25/2008 9:46:29 AM PDT by dools007
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