Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

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
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 141-150 next last
To: Ann Archy

I would say that Sarah was NOT for the bailout; in fact she said it early on as I recall. However, being the #2 on the ticket she had to tow the McCain line on things that didn’t totally sit well with her.


21 posted on 11/20/2008 6:52:29 AM PST by spacejunkie
[ Post Reply | Private Reply | To 11 | View Replies]

To: Rufus2007
Douglas Holtz-Eakin, a senior policy adviser to McCain’s failed campaign....

I think I see part of the problem here.

22 posted on 11/20/2008 6:53:46 AM PST by Lancey Howard
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rufus2007

yeah it was a big blunder.... but there was so much
un-conservative about McQueeg as to make this one blunder just part of the larger blunder of having him as the republican nominee.

He got the 48% of the plurality, thanks to Sarah Palin and no thanks to him.


23 posted on 11/20/2008 6:54:19 AM PST by Vaquero ("an armed society is a polite society" Robert A. Heinlein)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ilgipper

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.”


24 posted on 11/20/2008 6:54:19 AM PST by 1rudeboy
[ Post Reply | Private Reply | To 16 | View Replies]

To: Rufus2007

“Vanna, I’d like to buy a clue for $100.00 . . . OK, the word is FAIL?” Juan McCain


25 posted on 11/20/2008 6:55:14 AM PST by tumblindice (In this school of war called life...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Eric in the Ozarks

Totally agree. Even Dick Morris said McCain would have been 10 points ahead of Obama if McCain had said not just “No” but “Hell No”!


26 posted on 11/20/2008 6:55:17 AM PST by Incorrigible (If I lead, follow me; If I pause, push me; If I retreat, kill me.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Rufus2007

Sad that something this big is looked at as “strategic”. Gone are the days when leaders fought for what they believed in. McCain claimed to be a “fighter”, but I guess that was just the strategic thing to say.


27 posted on 11/20/2008 6:55:28 AM PST by mmichaels1970
[ Post Reply | Private Reply | To 1 | View Replies]

To: RFEngineer

If you have stared into the face of bankruptcy or losing a nasty lawsuit, only to step back from the precipice, you know the difference.


28 posted on 11/20/2008 6:55:46 AM PST by Eric in the Ozarks
[ Post Reply | Private Reply | To 15 | View Replies]

To: ilgipper

Let’s not forget, too, that when the meltdown was happening, McLame took a swipe at ONE person. Was it Barney Frank? no. Was it Chris Dodd? No...was it ANY of the “advisors” to Obummer that lined their pockets at FM/FM? no

It was a republican....Chris Cox, head of the SEC.

McLame sux. Thank God he didn’t win. Now we can REALLY get back to conservative principles and PICK conservatives to lead our party. And we all better scream like girls if we see one RINO being touted as the ‘best choice’. Ya hear??


29 posted on 11/20/2008 6:56:16 AM PST by spacejunkie
[ Post Reply | Private Reply | To 16 | View Replies]

To: Rufus2007

Mccain is not a conservative. The lesson is don’t be McCain the Senator when you can be McCain the candidate.


30 posted on 11/20/2008 6:57:15 AM PST by omega4179 (Obama recession ends 1-20-13)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sans-Culotte

Gee, the little fat guy who appears on FOX as a guest thought it was a stroke of genius.


31 posted on 11/20/2008 6:57:19 AM PST by boxer21
[ Post Reply | Private Reply | To 8 | View Replies]

To: Rufus2007

Either you are a conservative or you are not. Why did making a decision on whether to support the bailout require a “strategic decision?” If McCain was a true conservative he would have found the whole concept of the bailout repulsive and the decision would have required no strategic plannin. So much for “Country First,” eh Mac?


32 posted on 11/20/2008 6:57:46 AM PST by KansasGirl
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rufus2007
Moral of the story - don't betray your conservative instincts.

You have to have conservative instincts before you can betray them.

33 posted on 11/20/2008 6:58:15 AM PST by TADSLOS (McCain Courted Socialism and Brought Us Marxism Instead)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ann Archy

Was Sarah for the bailout herself??

yes


34 posted on 11/20/2008 7:02:53 AM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Rufus2007

Yep, what chance McCain had was pissed away when he waved OK at the bailout bill. Those Republicans who trusted their conservative instincts did fine in the election.


35 posted on 11/20/2008 7:03:40 AM PST by AU72
[ Post Reply | Private Reply | To 1 | View Replies]

To: Incorrigible

Opposing the bailout would have also killed the McCain = Bush narrative since the media tagged it as the Bush/Paulson Bailout.


36 posted on 11/20/2008 7:04:12 AM PST by KansasGirl
[ Post Reply | Private Reply | To 26 | View Replies]

To: Eric in the Ozarks

Ain’t it the truth...

Instead:

“If anyone is ever in a comparable position before us, take the time or again in the future, take the time to step back and ask, ‘Is this a good policy move? Will it really help?’ he said...

The McCain camp allowed itself to be HAD in a big way. Literally aligning with the MSM and the DNC talking points on this issue - along with recklessly buying into a gargantuan dose of typical Liberal hysteria – This sucked McCain/Palin right into the Obama whirlwind and made McCain indistinguishable from the Bush to a lot of voters who were still trying very hard to MAKE that distinction for themselves.

Obama had bought into the ‘Buyout’ hysteria and so McCain- perceived as the underdog, anyway- started looking and sounding just like the opposition … NOT a good idea!!!

McCain gave up the moral high ground … and for absolutely NOTHING! I did not understand it at all... McCain spent his entire campaign trying to put as much distance as possible between himself and the Bush administration… then turned around and backed the bailout to his own immediate and permanent detriment.


37 posted on 11/20/2008 7:07:30 AM PST by SMARTY ("Stay together, pay the soldiers and forget everything else" Lucius Septimus Severus)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Rufus2007
I could have told him that weeks ago

Wednesday, November 05, 2008 8:09:35 AM · 46 of 57
edzo4 to beebuster2000

McCain lost 6 weeks ago when at the start of the housing crisis he rushed back to Washington, refused to hammer the democrats for Fannie mae and subprime loans
told the people he was against pork barrels spending and concerned about giving $700 billion of the taxpayers money to paulson, then turned around and voted for the $850 billion dollar bailout, he had the chance to prove he was a maverick and he let it slip away

freerepublic should have run the mccain campaign we knew months before the election what they are figuring out a month after the election

http://www.freerepublic.com/focus/f-news/2099634/posts

38 posted on 11/20/2008 7:21:08 AM PST by edzo4 (NoBama 2012)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rufus2007

mcstupid finally figures it out.


39 posted on 11/20/2008 7:22:39 AM PST by ken21 (people die and you never hear from them again.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rufus2007

Where is the “Captain Obvious” graphic when we need it!!?


40 posted on 11/20/2008 7:23:05 AM PST by AmericanInTokyo (Before taking on Obama, Job #1 is we MUST embark on a campaign to PURGE the GOP leadership of RINOS!)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 141-150 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson