Posted on 03/09/2009 3:45:33 PM PDT by pissant
U.S. Sens. John McCain, R-Ariz., and Richard Shelby, R-Ala., said the government should not stop big banks from failing. McCain said the Treasury failed to make the "hard decision" to let "these banks fail." The senators made their comments on Sunday-morning talk shows, but neither mentioned any specific banks. President Barack Obama has said he does not want any major banks to fail, noting that his administration will "take more significant action to deal with those institutions." New York Times, The (03/08)
(Excerpt) Read more at smartbrief.com ...
Seems to me that Senator McCain is speaking with a forked tongue. Can’t have it both ways, HE voted to bail them out.
I’ll give him the benefit of the doubt that he thought a single TARP bailout would do the trick. No one else believed it, but it is possible he did.
dittos ...
Original thought doesn’t run in herds.
Up McCains giggy.
Like we didnt all see him go to Washington and make a fool of himself during the campaign.
True genius from the man who couldn’t wait to spray paint his name all over the first bailout.
Which way is the wind blowing this weekend? - John McCain
I even wrote and called his campaign urging him to fight Bailout Ver 1.0, but I never got a response, other than his wild cheerleading for the abomination.
Finger to the wind time...again. Or new polling data. Whatever. What comes out of their mouths has little to no bearing on reality.
Exactly!
Whover brought the financial system to its knees back in September gave McCain a chance to put up or shut up.
They knew him well enough to know that his campaign promises were nothing but talk.
He had his chance to stop the looting of the treasury but went along with the crowd, rewarding the incompetent and the crooks and punishing the frugal and the responsible.
Now he should have the decency to quietly retire.
He has done enough damage to the country.
Nearly the entire GOP leadership pimped that hideous turd as well. Jim DeMint, Mike Pence, and my man Duncan Hunter even offered free market alternatives, but were stonewalled.
Let the Federal Government fail... wait... it already is!
Hmmm. I wonder if they’re willing to do the same for GM, and the other automobile manufacturers.
Hopefully. But I would much rather save GM than Citibank.
Allowing GM and the other car manufacturers to go bankrupt would finally allow them to interject some common sense into union contracts.
Democrats: The Party of CORPORATE WELFARE
Oh, I agree. Don’t bail them out. But if I had to choose between bailing out a manufacturer for $60 billion versus bailing out scum sucking leeches that helped cause the financial system collapse for 300 billion, my vote is for cars.
My vote was for neither but instead they did both resulting in trillions of dollars in obligations and the suckers are going to fail anyway!
I would like to know what Congressmen and Senators did with their retirement investments after they were briefed in mid September regarding the failure of Lehmans and the global economic meltdown.
A Pulitzer prize could be won for getting to the bottom of that.
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