EXACTLY!!!
I am disappointed in Mac’s handling of this. He hasn’t been aggressive enough. It is a mistake to say the Bush Administration and Republicans share the blame. It is wrong not to hang this around the neck of Democrats.
The people in government encouraged (forced) lenders to lend to people who where not creditworthy. The people in government backed private enterprises to subsidize this practice. Thus, I'm not surprised that the people in government now need to come up with a taxpayer backed solution. This is not the proper role of the government as all of us can testify but I don't think that will change no matter who is elected in November. Sigh.
To think that "greedy" people on Wall Street wouldn't set the taxpayer up for a ride is naive at best and craven at worst. The solution is to not put the taxpayer in the position in the first place.
McCain has a chance show real leadership by noting how he will change government policies in the future so taxpayers don't get stuck with the bill of the corrupt and incompetent.
What am I going to do in that voting booth??
I must disagree. People would not believe him if he only blamed Democrats. There’s blame to go around.
Best,
Chris
I tend to believe, based upon what I have read of the history of this mess, that the dimrats bear more responsibility for it than do Republicans. But I think that McCain has concluded that in this election the advantage goes to the candidate who appears to be “bipartisan”. By tarring both parties on this he appears to be above the partisan fray and sticks to his message of “country first” and “working for the people”. And in fact I believe that McCain really is far more “bipartisan” than Hussein who is revealing that he is rabidly partisan.
I haven’t been able to watch this but from the comments here McCain and Palin have come across as serious and sober in demeanor. This is very important in an election where the voters are largely fed up with partisan bickering and back-biting.
It is, however, the truth. Bush actually looks pretty good for having proposed reform in '02. But he (understandably) lost focus on the issue.
The Republicans in Congress have no excuse.
It is wrong not to hang this around the neck of Democrats.
He's doing so. But to ONLY blame the Democrats would be a mistake, for two reasons -- first of which is that it would be a false accusation, because it's incomplete.
Second, and most importantly, if McCain wants to sell himself as a reformer, he must put space between himself and BOTH parties. His "maverick" reputation helps to make this plausible, but he must be seen to be attacking the whole problem.
It's a pretty good approach.