Friday, September 26, 2008

McCain killed the deal

House Republican Whip Roy Blunt, of Missouri, says John McCain's contribution to the bailout negotiations was to "kill" the deal.

"I do think that John McCain was very helpful in what he did. I saw him this morning, we've been talking with his staff. Clearly, yesterday, his position in that discussion yesterday was one that stopped a deal from, uh, finalizing that no House Republican, in my view, would've been for. Which means it probably wouldn't have passed the House. Now, Democrats are in the majority, they can pass anything they want to without a single Republican vote. But they don't seem to be willing to do that. I'm please we can have negotiations now that guess us back to things that we think can protect the taxpayers better, create more options, are, frankly, be better understood in the country than the plan, than the path that we were on just a couple of days ago."
This was the result of McCain's political posturing. He gave cover to the House GOP ideologues who would rather see the market crash than pas a government bailout of Wall Street.

If, as Sarah Palin predicts, the U.S. economy becomes depressed, we will know who to blame.

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