Legal Commentary

McCain's Stunt Stalls Bailout Negotiations

By Big Tent Democrat

Instead of working towards a fair, effective and appropriate proposal and solution for the credit/mortgage crisis on Wall Street, John McCain's stunt has led to an impasse:

[Senator] Dodd complained that late complications were making the episode sound more like “a rescue plan for John McCain,” the Republican presidential candidate, than one for the country’s financial system. It does no good, Mr. Dodd said, “to be distracted for two or three hours by political theater.”

The senator was apparently alluding to a growing revolt by conservative House Republicans against the proposed $700 billion rescue, and the fact that Senator McCain has not yet endorsed the plan, whose concept runs contrary to the policy positions he has taken for years.

(Emphasis supplied.) Country first my as*.

By Big Tent Democrat, speaking for me only

Full post as published by TalkLeft on September 25, 2008 (boomark / email).