Posted on 09/26/2008 2:38:53 PM PDT by GVnana
Statement By McCain Campaign On Negotiations
John McCain’s decision to suspend his campaign was made in the hopes that politics could be set aside to address our economic crisis.
In response, Americans saw a familiar spectacle in Washington. At a moment of crisis that threatened the economic security of American families, Washington played the blame game rather than work together to find a solution that would avert a collapse of financial markets without squandering hundreds of billions of taxpayers’ money to bailout bankers and brokers who bet their fortunes on unsafe lending practices.
Both parties in both houses of Congress and the administration needed to come together to find a solution that would deserve the trust of the American people. And while there were attempts to do that, much of yesterday was spent fighting over who would get the credit for a deal and who would get the blame for failure. There was no deal or offer yesterday that had a majority of support in Congress. There was no deal yesterday that included adequate protections for the taxpayers. It is not enough to cut deals behind closed doors and then try to force it on the rest of Congress -- especially when it amounts to thousands of dollars for every American family.
The difference between Barack Obama and John McCain was apparent during the White House meeting yesterday where Barack Obama’s priority was political posturing in his opening monologue defending the package as it stands. John McCain listened to all sides so he could help focus the debate on finding a bipartisan resolution that is in the interest of taxpayers and homeowners. The Democratic interests stood together in opposition to an agreement that would accommodate additional taxpayer protections.
Senator McCain has spent the morning talking to members of the Administration, members of the Senate, and members of the House. He is optimistic that there has been significant progress toward a bipartisan agreement now that there is a framework for all parties to be represented in negotiations, including Representative Blunt as a designated negotiator for House Republicans. The McCain campaign is resuming all activities and the Senator will travel to the debate this afternoon. Following the debate, he will return to Washington to ensure that all voices and interests are represented in the final agreement, especially those of taxpayers and homeowners.
Please explain the mechanism by which they could accomplish this.
McCain should also treat this debate as a debate and direct questions at his opponent, and they have to be the questions that his opponent cannot answer. He should not stop to give Obama a chance to breathe or dodge questions. Rest assured that Obama is going to do the same thing in the most underhanded way possible, regardless of what the previously agreed-upon “rules” are. Again, this is not a popularity contest. McCain cannot be like Bush and play the most likeable candidate of the two. It won’t work, because Obama is going to use the current hysterical headlines to advocate his radical agenda, sugarcoating it as necessary so that the voters will fall for it if he isn’t challenged. Even Kerry and Gore, two equally flawed Democrat candidates, couldn’t do that.
Please explain the mechanism by which they could accomplish this.
As memory serves, I believe I heard McCain asked Bush to invite Obama.
That said, the candidates benefit from the exposure to undecided voters.
FU McLiberal, NO deals with Democrats. They can pass this all on their own. Go away you senile media lap dog.
“The Democratic interests stood together in opposition to an agreement that would accommodate additional taxpayer protections.”
PURE pond scum. Each and every one of them. Evil beyond compare.
Not unless they have to pay more taxes to bail out their landlord, or have the value of their cash inflated away to benefit the landlord. Presumably one reason to dump 700 billion dollars into bad mortgage related securities is to prop up the value of real estate. This benefits the landlord, but not the renter. Actually from the renters point of view having the price of real estate fall is a great thing - it drives down the cost of renting property, and it makes property more affordable so the renter, if he wants to, can become a landlord himself.
So you have to ask yourself, should the government favor the landlord or the renter? Perhaps they should favor neither, but let the market sort it out.
If McCain intentionally turns this into a dog and pony show or allows it to become one, he will lose. But he can stop the debate from becoming that. It’s a cop-out to say that he can’t. The main reason that past debates have been like that is because of the candidates themselves. The so-called “moderator” can only shut McCain up if McCain allows him to. I’m not saying that yelling and theatrics will help him; it goes without saying that losing your composure will lose you the debate, but doing the exact opposite is a sure way to lose as well because it communicates to the audience that you want both the debate and the election to just end.
BTW, undecided voters are going to decide this election. Decided voters are evenly matched. But even those voters are important, because the candidate that looks like a loser is going to lose a large number of his decideds to the “why bother voting” mentality.
“So you have to ask yourself, should the government favor the landlord or the renter? Perhaps they should favor neither, but let the market sort it out.”
Exactly.
That's an interesting theory. By that logic, whenever a business transaction goes bad everybody else should "take your portion of the hit". I like that idea. Whenever I have a customer who doesn't pay his bill to my business I guess I should get bailed out by the government, and everybody else can chip in so that I don't lose the money. That's a great plan.
Why is it that those who made the bad business decisions in this mess don't just lose their assets? Why should the rest of us "take a portion of the hit" for them?
If the taxpayers are going to put up a giant pile of cash we should do with it as smart investors do - buy the good assets and leave the bad ones to rot.
Think about it, who is getting played here?
That is my shorthand for Nancy Pelosi and Barney Frank. They are unbearable but I can’t want to watch them unravel with McCain wins.
Point of fact is: everyone will pay, and pay dearly. As is usually the case, the devious capitalists will profit on the backs of average working stiffs.
McCain was often skeptical of his own party members, and of their intentions. Sometimes he had reason to be. On other occasions, he allowed his new-found media "friends" to feed his ego, and chose to casually believe his publicity rather than carefully examine his policy positions. Consequently, McCain adopted the mantle of "maverick", and genuinely enjoyed needling his fellow Republicans, to the phony adulation of the press corps.
That was then.
Now, John McCain is slowly, and I think, surely, figuring out who his real friends are - and what his enemies intend for him. And, having had the guts to select Sarah Palin as his running mate, he now needs to take on the media jihad against her, and defend her, his judgment, and his core beliefs. I hope he finds the strength to do so.
Anyone who lasted seven long years in the Hanoi Hilton ought to be capable of that task.
Ping to the article.
w00t!
I wanna believe that.
Because I know that is correct.
However, being in the media business I am all too aware that if a political sucker punch falls in the forest, and the media doesn't report it....
it never happened.
Of course, I have not been tuned in to the news alphabets all day Friday, but I am willing to bet my pension that 95% of the reporting media (AP, Reuters, Yahoo, GoogleNews, Breitbart, CNN, ABC, CBS, Reuters, etc) reported only that the meeting was a failure, WaMu was the biggest bank in history to default, and that Bush is frazzled that there is no agreement.
Nothing about Obama "failing" to take the lead with ideas.
Nothing about the Republicans trying to protect the American taxpayers from this scam by Wall Street Democrats.
I will bet the reporting media focused only on the fact the meeting was a failure.... and oh, by the way, the Republicans are in charge and therefor to blame.)
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