9/25/08

McCAAaaaiiiinn! You Moron
By: Mark W Adams


Is this idiot still pushing the fiscally stupid and morally wrong DE-regulation snake oil that got us into this problem in the first place?  Maybe not.  But it was still his side of the aisle, lead by John Boener, who dug in their heels after inserting presidential politics into negotiations he has no clue about, and may have hopelessly derailed.
Republicans like John Boehner brought up the concerns of House GOPers and McCain acknowledged hearing about their concerns. And McCain, and staffers, did seek to gauge the level of support of the GOP working group's white paper. The Democrats were left with the impression that McCain endorsed the GOP efforts, but they concede that he did not raise them directly.
Cuz he didn't read the randsome note from the treasury.
The fact is that Boehner doesn't have 100 votes from his conference -- 100 votes that Nancy Pelosi really wants. And that's not McCain's fault.

But Boehner and the White House -- and McCain -- if they want to get something passed -- do have the responsibility to persuade these Republicans to support the bailout .

After all, if not to get these recalcitrant Republicans on board, why did McCain go to Washington in the first place?
Funny that the leaders of the banking committees in both houses, from both parties announced they had a deal on the basic principle and simply just had to write the thing -- until Bush, at McCain's behest based on an idea by his Maverickynessitude himself, held a photo-op which had the effect of trashing all the work of the last week.

Nice rescue Mr. McCain.  Glad you showed up.  If McSame hadn't stuck his ego into the negotiations something terrible -- like approval of a plan to rescue the economy -- might have gotten done.

Which might not be a bad thing.  Every day there's no deal, it's another day where Wall Street doesn't collapse, bringing down the rest of the nation -- thus exposing the canard of what might be a manufactured crisis.  The gamesmanship is all too obvious, as obvious as the GOP's last minute plan introduced at the Save McCain White House Photo Op.
One the proposals -- favored by House Republicans -- would relax regulation and temporarily get rid of certain taxes in order to lure private industry into the market for these distressed assets.
I'm shocked, shocked I say that tax cuts and deregulation is the Republican approach to a problem only exasperated by eight years of tax cuts and a steady diet of continual deregulation since Reagan showed the GOP that tax cuts were how to win elections and ruin the government they hate in one fell swoop.

If the nearly extinct trickle down crowd insists that there's no way, no how they'll stand for any "socialist" interference in the free markets, then a trickle up approach is the only other option -- one the Democrats can do without demanding any GOP participation.

If this actually gets traction, liquidate your savings and retirement plan -- what's left of it, especially if it was at WaMu -- and move to Malaysia.  I hear they need all the day laborers they can get.  Or Alaska!  They pay you to live there since they've cut taxes and live off drill, drill, drill.  Dress warm.

And you better put your sell order in early, cuz the market is going to tank, again.

On the more promising news front, Katie Couric reports that Sarah Palin's approval ratings are approaching Shrub level, 34%, down from 47% a month ago.  TS at Instaputz insists the more he hears from Caribou Barbie, the more he appreciates "the eloquence of George W. Bush."  McCain lost this election two stunts ago.

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