Posted on 10/01/2008 8:49:31 AM PDT by goldstategop
I’ve been listening to his economic speech in Independence, Missouri.
He has basically echoed Nancy Pelosi’s line that opposing the bailout is unpatriotic.
Here’s what he said:
We are square in the greatest financial crisis of our lifetimes. And I am pleased to report that today, I will be returning to the floor of the Senate to vote on a bill that marks a decisive step in the right direction. The original proposal was flawed. I urged additions of taxpayer protections, stronger oversight, limitations on executive compensation and more protections for people’s bank accounts. I am pleased that these are being added to improve the original bill. It took Congress a while, and there were costs to these delays. But they have awakened to the danger. And today, with the unity that this crisis demands, Congress will once again work to restore confidence and stability to the American economy.
There will be a time to fix the blame for all that has happened — especially in the case of Fannie Mae and Freddie Mac, and the abuses and political deal-making that corrupted those institutions. But our duty right now is to fix the problem, and that is the business that will shortly take me back to Washington. Following September 11th, our national leaders came together at a time of crisis. Now, with this measure, we have another chance to come together to prove that Washington is once again capable of leading this country.
If the financial rescue bill fails in Congress yet again, the present crisis will turn into a disaster. As credit disappears, students will no longer be able to get loans for college, and families looking for a new home will be unable to get a loan. New car sales will come to a halt. Businesses will have difficulty securing credit for operations and may be unable to pay employees. If we fail to act, the gears of our economy will grind to a halt.
This is a moment of great testing. At such moments, there are those on both sides of this debate who will act on principle. Of course, there are always some who think first of their own interests, who calculate their own advantage instead of rushing to the aid of their country. But in the case of this bill, I am confident there are enough people of good will in both parties to help see America through this crisis. And when the last vote is cast, we can be grateful to all of them — Democrats and Republicans alike — for helping to solve the crisis instead of merely exploiting it.
McCain has made his battle against earmarks the hallmark of his campaign. He couldn’t stop talking about them for the first half of the last week’s first presidential debate.
The Senate bill is stuffed with earmarks to grease its passage. I repeat:
- Film and Television Productions (Sec. 502) - Wooden Arrows designed for use by children (Sec. 503) - 6 page package of earmarks for litigants in the 1989 Exxon Valdez incident, Alaska (Sec. 504)
Tax earmark “extenders” in the bailout bill. - Virgin Island and Puerto Rican Rum (Section 308) - American Samoa (Sec. 309) - Mine Rescue Teams (Sec. 310) - Mine Safety Equipment (Sec. 311) - Domestic Production Activities in Puerto Rico (Sec. 312) - Indian Tribes (Sec. 314, 315) - Railroads (Sec. 316) - Auto Racing Tracks (317) - District of Columbia (Sec. 322) - Wool Research (Sec. 325)
McCain supports them all.
Business as usual.
No earmark left behind.
***
Mark Steyn:
I’m willing to be persuaded of the merits of a bill for “wool research”, or the merits of a billion-trillion-gazillion-dollar bill to save the planet from economic meltdown. But the same piece of legislation cannot plausibly contain both.
I suppose sophisticated insiders would assure me that regrettably there’s no possibility of earmark reform; this is just the price of doing business in Washington. But that’s why non-sophisticated non-insiders hold the political class in contempt. The same blowhards who run for office on a platform of lowering ocean levels and healing the planet then turn around and insist they’re unable to do anything about the one small area of human endeavor for which they bear sole responsibility.
If this is an emergency, hold the wool research. If it’s an emergency that’s got time for wool research, let’s chew it over for another few months.
***
Update 11:22am Eastern. Obama’s giving almost the same exact speech as McCain. We must act, greed and irresponsibility, can’t do nothing, we’ll protect the American taxpayer, etc., etc., etc.
Hypocrite Obama’s pouring on the class warfare rhetoric: GREED GREED GREED!
And yes, by the way, he’s still being advised by Fanniecrat Jim Johnson.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
McCain, NOOOOOOOOOO!!!! Don’t support this bill! It is a sham!
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Bail?
JAIL!
John McCain needs to know if he votes for this there will be
consequences!
McCain seems more and more like he just wants to hand the presidency over to Obama.
Email McCain. Tell him he has an obligation as our candidate to get off his duff and fight back. Hit the Marxist/Muslim hard with Ayers, Acorn, Violation of Logan Act, Campaigning for Odinga!!
MCCAIN WEBSITE
http://www.johnmccain.com
____________________________________
Is this sheer insanity or what? Letting a black Obama supporter and Obama book author have control of the one and only vice presidential debate??
And here’s the e-mail address of Janet H. Brown, Executive Director of the Debates Commission: jb@debates.org
FLOOD HER OUT WITH PROTESTS. DEMAND IFILL BE REPLACED.
_________________________________________
Go here
http://www.faithfreedom.org/obama.html, read ‘The Making of a fuerher’- the best explanation I’ve found of the Obama- worship insanity. It’s a legitimate psychological disorder. Find out what.
_________________________________________________________-
Yeah, McCain gets to keep his Senate job and continue to reach across the aisle.
Yeah, McCain is tough to take but relax - - the idea all along has been to elect the ticket and then hope a conservative VP takes over ahead of schedule. “
______________________________________________
I never was a McCain supporter....the only reason I’m voting the ticket is because of the bottom half.
Oh boy, Obama and McCain made me puke. What a glorious future I have to look forward to.
“I DESPISE BOTH OF THEM! They represent everything that is wrong with Washington! ‘Nuff said! “
Think of it. 3 of 4 running for the top offices in this country are out of the corrupt disgusting Senate that allowed or promoted this entire mess.
Can’t we just start over with Palin?
He is taking a dive.
Maverick my a$$!!!
I expect McCain to get back to DC, see the pork and say, “NO WAY!”
He can seize this issue and, thus, this election right here, right now!
McCain: “Waiter, I believe I’ll have the crap sandwich. I can’t see any tomato in here but I guess its the best the chef can serve up on such short notice...he he he”
Obama: “I’ll have what HE’s having! In fact, I grew up eating crap sandwiches because I was a poor black man...”
What a way to convey to the voters that it absolutely doesn’t matter who we elect this year. My “Palin excitement bubble” has burst. McCain is no maverick. He is a two-faceed piece of garbage.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Just when I thought McCain couldn’t do anything that would keep me from voting for Palin...
I really believe, down deep inside, McCain is no better than Obama. He has a chance to stand up and prove earmarks are bad, and he falls right in line to get to the trough...
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.