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Former McCain Adviser Admits Bailout Support a Strategic Blunder
businessandmedia.org ^ | November 20, 2008 | Jeff Poor

Posted on 11/20/2008 6:44:58 AM PST by Rufus2007

As it turns out, swaying from conservative principles doesn’t always pay off for a Republican presidential candidate. Sen. John McCain learned that lesson that hard way.

Douglas Holtz-Eakin, a senior policy adviser to McCain’s failed campaign, said Nov. 19 that McCain’s support for the $700 billion bailout of the financial sector was the “key strategic blunder of the entire campaign.”

“We also make mistakes,” Holtz-Eakin told a group of conservatives at The Heritage Foundation in Washington, D.C. “There’s no doubt about it--20/20 hindsight. I think the key strategic policy error of the entire campaign, that is mine, is believing that the bailout bill would help.”

...more (w/audio)...

(Excerpt) Read more at businessandmedia.org ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: bailout; election; holtzeakin; marines; mccain; mccaintruthfile; moneylist
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To: popdonnelly

the other was cap ‘n trade. remember the Obama quote about bankrupting coal companies and skyrocketing electricity prices? Why didn’t mccain bring it up earlier? because his cap ‘n trade would also do that.


121 posted on 11/20/2008 8:45:09 AM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
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To: ari-freedom

You cannot win a war when you loose the voters. I remember back 2007 saying that we need a ‘real conservative that can communicate’ and I got lots of angry replies saying that communication didnt matter. Well as 2007-2008 congress approval ratings dived many freepers rejoiced, yet polls showed voters were going to vote straight democrat. Democrats kept the focus on GWB . Voters , right or wrong, see the president as the entire government (it’s simple), and GWB gave that impression in September with Bailout bill, and 70% thought republicans still ran congress. Did you see GWB or McCain attack democrats (prior to October 2008) the way democrats attacked GWB?

But my point wasnt which was the worse of two evils which was clearly McCains argument, which lost. My point was “did those republicans deserve to win?” based on their actions or dis-actions?” See my tagline?


122 posted on 11/20/2008 8:46:13 AM PST by sickoflibs (Tired of loss and humiliation?, Then what do we stand for?)
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To: AmericanGirlRising

I heard her say the same thing herself at the Shippensburg rally. By that point, I think she was winging it on her own, McCain and his “advisors” be damned.


123 posted on 11/20/2008 8:46:23 AM PST by Virginia Ridgerunner (Sarah Palin is a smart missile aimed at the heart of the left!)
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To: NavyCanDo

that one vote killed his entire record of going after pork and wasteful spending.


124 posted on 11/20/2008 8:47:31 AM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
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To: Rufus2007

I’m surprised they’re even admitting it was a mistake.


125 posted on 11/20/2008 8:49:14 AM PST by Kevmo (Palin/Hunter 2012)
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To: Rufus2007

McCain was seeking to do a conservative free campaign.

He essentially did, he picked palin as a “skirt” to woo hillary voters NOT to put a conservative on the ticket.

McCain’s first mistake, Hillary Democrats wear pantsuits not skirts.

McCain’s second mistake he tried to diminish the conservative aspects of palin via a beltway incompetent handler team.

McCain’s hindsight is 20/200.


126 posted on 11/20/2008 8:54:23 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: ari-freedom
I know, I know. I understand where you are coming from. I don't disput what you say.

But as for me, I will give her the same slack I gave Reagan when he did some things on the abortaion front that I opposed when he was Gov of CA. The perfect being the enemy of the good and all that....IMHO, right now she represents the purest form of conservatisim out there....along with a few, very few, others.

127 posted on 11/20/2008 8:57:21 AM PST by mick
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To: Mr. Jeeves
I don't think that would have been nearly enough to overcome the tsunami of American stupidity this time.

If 3% of the voters had switched, and one fifth of the GOP voters who usually voted but stayed home this time had voted, McCain would have been elected.

128 posted on 11/20/2008 8:58:13 AM PST by Lucius Cornelius Sulla (So we beat on, boats against the current, borne back ceaselessly into the past.)
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To: Rufus2007
Former McCain Adviser Admits Bailout Support a Strategic Blunder

Ya think?

129 posted on 11/20/2008 8:58:43 AM PST by dfwgator (I hate Illinois Marxists)
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To: mick

she deserves a chance, not a coronation. Remember that she was picked by mccain and not fully vetted by conservatives. She has to face a lot of tough questions and not by Gwen Ifil or Katie Couric.


130 posted on 11/20/2008 9:02:09 AM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
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To: Lancey Howard

Agree. Never trust someone with a hyphenated last name to be a senior adviser.


131 posted on 11/20/2008 9:04:19 AM PST by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: Ann Archy

Who knows. She was required to toe the ticket line, so once McCain was for it, she had to speak for it.


132 posted on 11/20/2008 9:04:52 AM PST by CharlesWayneCT
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To: 7thson

Sure! I’d be honored!


133 posted on 11/20/2008 9:05:18 AM PST by puroresu (Enjoy ASIAN CINEMA? See my Freeper page for recommendations (updated!).)
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To: Eric in the Ozarks
I think had John McCain suspended his campaign and returned to Washington to announce his opposition to the bailout, we would be looking forward to his inauguration in January

Said the same thing the day after he went back to Washington.

McCain obviously lost because he WAS NOT a TRUE CONSERVATIVE.

134 posted on 11/20/2008 9:09:22 AM PST by VideoDoctor
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To: VideoDoctor

His bet was based on attracting the moderates from both parties. Neither of them trusted him.


135 posted on 11/20/2008 9:21:20 AM PST by Eric in the Ozarks
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To: Sans-Culotte

I think you hit the nail on the head.


136 posted on 11/20/2008 9:24:04 AM PST by boxer21
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To: Rufus2007

D U H !!

But I am glad... the way he’s kissing Obama’s butt now... I’d shudder to think how much worse it would have been to have the Whitehouse and have HIM in it.


137 posted on 11/20/2008 9:27:54 AM PST by RachelFaith (PALIN 2012)
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To: RachelFaith

he would be bad for Republicans but I’d rather put country first over party. The islamofascists wouldn’t be jumping for joy and dancing in the streets if he was elected, unlike for Obama.


138 posted on 11/20/2008 9:32:05 AM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
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To: 1rudeboy
I am of the opinion that McCain would’ve gotten steamrolled either way. If he announced his opposition to the bailout, the press would’ve simply run with the standard “Republicans Starve Babies.”

They did that to Reagan too, and he stuck to his principles and ran circles around them and won.
139 posted on 11/20/2008 10:19:41 AM PST by SoConPubbie (GOP: If you reward bad behavior all you get is more bad behavior.)
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To: SoConPubbie

That was more than two decades ago, and during an era when the press still claimed to be objective.


140 posted on 11/20/2008 10:22:08 AM PST by 1rudeboy
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