Q: Were finding out that there may be a possibility of some sort of bail-out or government assistance for the auto industry. Would that be something that you would support?
MCCAIN: >Well, weve already done that to $25 billion, and weve delayed getting them the money. I would do whatever I think needs to be done to help our automotive industry. Weve got to make this transition to flex fuel, battery powered, hydrogen automobiles. And, obviously and, also, I would provide tax credits for people who buy these new automobiles. Weve got to keep this industry alive. Theres no doubt about that.
McCain Now Supports Auto Industry Bailout: Ill Do Whatever I Think Needs To Be Done (^)
Please make John McCain go away.
Of course he does. He's a political opportunist with no principles other than getting re-elected, and as such he will say anything to accomplish that objective.
Let's review, shall we?
During the campaign:
McCain Backs Government Plan To Help U.S. Auto Makers (2008-08-22) (Dow Jones/CNN/Money)
"Sen. John McCain, R-Ariz., in an important shift, said on Friday he backs a plan for the federal government to provide low- interest loans to struggling U.S. auto makers."McCain Discusses GM's Situation [bailouts for GM] (2008-07-17) (The Wall Street Journal)
"I hope GM does not require it, but if it looks like it is approaching that, everyone has to consider every option."McCain Talks With GM Workers [climate change alert] (2008-07-18) (The Washington Post)
"Speaking to a group of General Motors Corp. employees, Sen. John McCain (R-Ariz.) promised to provide a $5,000 tax credit for Americans who buy electric-powered cars such as the future Chevy Volt and 'other automobiles that put us on the path to energy independence,' even as he suggested he might alter his climate plan to aid the auto industry."
After the campaign:
"The senator is opposed to the bill as it is written." (2008-12-11) (Politicker AZ)
And yes, McLame did back the TARP bailouts. He even went so far as to attack conservatives for opposing them. He also proposed that the federal government would buy bad mortgage securities directly, and while Obama was out pushing Porkulus Maximus last January, McCain was running around pimping his own $500 billion (give or take) Big Government "stimulus" plan...a plan that was summarily rejected by his Rat buddies in Congress.