Skip to comments.McCain: Bailout a 'tourniquet'
Posted on 10/03/2008 2:52:03 PM PDT by BGHater
Republican presidential candidate John McCain said Friday that the financial rescue package is a "tourniquet," not a solution to the ongoing financial crisis, but he was "glad" he suspended his campaign last week and returned to Washington.
McCain said "we must stop the damage to our economy done by corrupt and incompetent practices on Wall Street and in Washington."
"I'm glad I suspended my campaign to go back to Washington to help bring the House Republicans to the table," McCain said. "I believe that the taxpayer protections that have been added have improved the bill."
Democrats decried McCain's return to Washington last week, calling it a counterproductive political stunt. The House passed the bailout legislation Friday and President Bush signed it that afternoon.
McCain warned that despite the passage of the bill, there is still work to be done to put the country back on sound economic footing.
"The action Congress took today is a tourniquet, not a permanent solution," McCain said in a statement. "Our economy is still hurting and further action is needed, and it should not take a crisis to get this Congress to act."
Thanks for the laugh, then why did you sign the bill then?
Btw, Sen. McCain, it's a 'tourniquet' around the taxpayers neck.
Thanks for playing John.
Hey, he added ‘and Washington’, so we’re getting somewhere at least. Yesterday it was all Wall Street’s fault.
This needs repeating, thank you.
Well, at least you said it once.
Juan's solution is probably going to involve bailout after bailout after bailout.
Juan promised publicly last month to protect taxpayers from additional bailouts. Then, he flip-flopped.
It’s a noose and Nancy Pelousy has an impatient hand on the drop lever.
I hope I’m not wrong, but I predict he will join Obama with suggesting a second stimulus package.
He’ll apply the same pressure to House Reps to get an amnesty.
Pray tell, Sen McCain. What practices? By whom?
Yeah, this bailout vote was the practice vote for Amnesty.
DANGER: A tourniquet is only used on an arm or leg where there is a danger of the casualty losing his life (bleeding to death).
On occasion, tourniquets have injured blood vessels and nerves. If left in place too long, a tourniquet can cause loss of an arm or leg.
actually the auto bailout was practice for this bailout and then california and then...
Palin is NOT enough to save the stupid bastard now.
The market's reponse today, by FALLING on the news of the swindle — indicates that more time to prepare a more rational approach should have been taken.
Barney Frank should publicly acknowledge his PERSONAL responsibility and RESIGN from his chairmanship of the House Financial Services.
He FAILED in his fiduciary responsibilities and public trust...
ANY Republican who signed this monstrosity without a commitment that Barney Frank and his allies would admit PERSONAL responsibility and resign their positions -— simply played “the game” with the thieves..
A POX on ALL their asses.
I believe with the help of the Congressional Black Caucus — they found a way to pay reparations......
***McCain: Bailout a ‘tourniquet’***
Around our necks.
Haha, I just read your post. We were thinking the same thing.
Ive got one thing to say to McLame...
Will still vote for Palin just in case McLame keels over.
No you phony bastard - it's a stinking dead Albatross around YOUR neck....
McCain's vote without a mention or fight against the added earmarks to buy the needed votes --- was very revealing...
I think McCain just handed the White House to a racist and corrupt Black Marxist.
That will lead to a crisis which will make this swindle look like child's play.
But he only flip flopped to protect us!
These rats are scum. Ron Paul is looking better and better.
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