Posted on 09/29/2008 8:18:14 PM PDT by pissant
Republican presidential candidate John McCain had sharp words for Congress, it the wake of the defeat of the financial system rescue plan.
"They wiped out $1.2 trillion today," the Arizona Senator told KARE 11, "Congress's failure to act today is not acceptable."
Despite pleas from President Bush and Treasury Secretary Henry Paulson, lawmakers rejected the bailout bill by a vote of 228-205. By the time the New York Stock Exchange closed, the Dow Industrial average had plummeted 777 points.
Answering questions via satellite from Des Moines, Iowa McCain chided those from both sides of the aisle who opposed the plan.
"This is a time of severe crisis, maybe the greatest crisis of our life time," McCain told KARE, "Our failure to act is going to cause problems not only in America, but globally."
Some opposed the package because it didn't do enough to directly address the hardships faced by those stuck in with mortgage foreclosure troubles and, in some cases, predatory loan rates.
Other resistance came from those who are fundamentally opposed to such a massive influx of government aid, at a time when the United States treasury is already straddled with record debt.
Still others remain unconvinced that buying up lenders' bad debt bring trangible results to average people when it comes to easing the credit crisis.
(Excerpt) Read more at kare11.com ...
I can see that he wants to be the moral, if not the actual, leader of the world. I can’t see that he wants to destroy us. Okay, maybe he wants to destroy us a little, bring us down to everyone else’s size. But he doesn’t want us destroyed completely.
McCain was on Fox & Friends this morning, I have tried to locate a transcript.
If you locate one please post it here, what McCain said cost him my vote.
I’m posting from my cell phone.
McCain said on Fox this morning that congress need to pass this bill and ignore what rhe voters wants bwcause the voters do not understand the issues.
How do you destroy a country “just a little”? With the fragile situation of the US economy and foriegn policy, just a little is too much.
“How do you destroy a country ‘just a little’?”
There are plenty of once-mighty nations out there still puttering along; look at Europe.
The thing that totally baffles me is...how in the heck we have ended up with the two candidates we have.
Oh, I know, I know...the power of the pen. I knew I should have gone into journalism.
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