Bush: McCain’s Mistake (McCain fumbled GOP handling of financial crisis)

The Wall Street Journal ^ | 2010-11-09 | Louise Radnofsky

[calcowgirl]

McCain is vile - it is all about him.

He wanted to “suspend his campaign” to look like a hero.

His campaign advisors were quoted saying that a terrorist attack would be “a big advantage” for McCain.
If McCain had his way, we would have gone to war with Russia over his pet project, Georgia — all to improve *his* image.

What a sick pathetic little man he is.

[stephenjohnbanker]

” But the real problem was that Paulson was already working with the enemy. He was in close contact with Obama while refusing to answer McCain’s calls. Pelosi and Reid were also in on the deal.

Bush had a bad habit of putting people who were determined to undermine him into top positions—or of leaving clinton appointees there. Tenet. Sessions. Paulson. To name just a few.

If McCain insisted on a meeting, that was dumb. But it was Paulson and Obama who engineered the October Surprise, the suddenly announced banking crisis, that won Obama the election.”

Those of us who have been in investment banking for many years agree with you on Paulson and Obama. You may correctly add Soros and Goldman Sachs Chairman Lloyd Blankfein.Lehman Bros. was a MAJOR competitor to Goldman Sachs, for a number of financial instruments. Blankfein wanted to make sure Lehman was not bailed out. He got his wish, and the resulting financial meltdown was their gift to Obama. (With the proviso that Obama played ball)

[stephenjohnbanker]

” That was the October Surprise: The world is going to end, unless we pass the bank bailout and elect Obama to fix things. McCain thought he could just step in and grab the credit. He was sadly mistaken, and left with egg all over his face.”

Perfect analysis.

Yep