Posted on 11/09/2010 4:02:09 PM PST by rabscuttle385
Republican presidential nominee John McCain cornered President George W. Bush into convening a White House summit on the financial crisis one that top administration officials thought could hurt the administrations response to the crisis, Mr. Bush says in a new memoir.
Mr. Bush writes that Mr. McCain, trailing in the polls and seeking to appear on top of the crisis, asked him to convene a special meeting to discuss a rescue package for the financial markets. Mr. Bush says he told the Arizona senator that he would first check with Treasury Secretary Hank Paulson to make sure a meeting wouldnt undermine the secretarys efforts to reach a deal with Congress. Minutes later, Mr. McCain went on TV to call for the meeting and announce the suspension of his campaign to work full-time on passing the legislation. Mr. Paulson and other aides were opposed to it, but Mr. Bush says at that point, he was stuck: How could I say no to Johns request?
The former president says Mr. McCains performance at the meeting was poor. While Mr. McCain needed to be seen handling the crisis in a statesmanlike way, he punted when asked to talk about what he would do to get the bill passed. Instead, at the end of the meeting, he spoke only in general terms about the difficulty of the vote for Republican members and his hope we could reach a consensus. Mr. Paulson had offered a similar recollection.
(Excerpt) Read more at blogs.wsj.com ...
More evidence that McCain threw the election for Obama.
McCain was handed the winning issue .. and he dropped the ball because of his RINO tendencies.
If McCain had come out strongly against the bailouts, he might have been able to beat Obama.
Like most Freepers, if Palin hadn’t been on the ticket I never would have voted for this clown.
Yep we do...boy do we EVER
Palin the conservative vote, McCain the liberal vote.
Even the liberals couldn't support McCain.
I wish this info had come out BEFORE the primaries. McCain isn’t a maverick. He’s a traitor.
In his book, Decision Points, out today from Crown, Mr. Bush says his bank bailout proposal was a breathtaking intervention and the last thing I wanted to do, but defended it, saying the only way to preserve the free market in the long run was to intervene in the short one.
Bull Crap. The only way to preserve the leviathan on Wall Street from the debt monster it had created was the bank bailout or TARP. This had nothing to do with preserving the free market, as a matter of fact the net effect due to the misallocation of these funds is the distortion of the free market.
I liked Bush, but at times it was apparent he was in way over his head.
Miss him? Not so much...Of course, that doesn’t imply approval of Obamalini or his stooges.
Miss him? Not so much...Of course, that doesn’t imply approval of Obamalini or his stooges.
I’m not going to bash Bush but...let’s face it, he contributed to the 2008 election results too. Had he found the WMDs, things might have been different. Even if he didn’t find them, had the war been conducted a little better, things might have been different. 2008 was as much of a reaction to Bush as 2010 was a reaction to Obama. Americans seem to get very reactionary every other November it seems.
McCain hates this Country his feelings are for the illegal Mexicans not Americans ,he is a POS Traitor and nothing more.
When all is said and done, and thanks to the 2008 election nuclear collider and this book, we now have a little clearer picture of what happens when two RINOtrons collide.
System-wide destruction on a large scale...
Easy. No!
Bush at least was capable of making a decision. McCain was all over the place and looked like an idiot.
Well he spent 5 years in the “Hanoi Hilton” sacraficing for your ass. McCain is a irritating RINO at times but he certainly loves his country!
Pretty soon, McCain is going to have to apologize to Benedict Arnold.
Since 1989, McCain has been working against the best interests of America. The Lincoln Savings debacle and the Keating Five showed that this was not McCain’s first time at the financial rodeo.
You may recall Obama’s equally dismal performance at the summit. The old “Call me if you need me” followed by an exit stage left.
McCain was left stuttering like a senior home resident.
McCain;s job in 2008 was to lose to Obama and to destroy the budding Conservative movement in 2008 as a two-fer.
The only one on the ticket who actually believed in McCain was Palin.
Remember in Oct. 2008 when that man in the crowd said that he was angry, and wanted McCain to show some anger? McCain said, and this is proof of his treachery—”We have nothing to fear from an Obama Presidency” and “Mr. Obama is a decent man” as he recoiled in horror from the yelling citizen.
The election was lost at that very moment.
The dirty truth about the 2008 election is that whoever the puppetmasters are, they had control of both candidates for President, and they would win either way.
That is another reason the GOP leadership has to go. It was only our fight for the last two years that got them back in power. And if they don’t perform, they are going the way of the Whigs.
And speaking about dirty truths, here’s one about the 2010 election. Had we not won this one big, it would have been the last peaceful election America ever had.
Full Dem control past January 2011 would have plunged this country into a civil war.
Let us pray we, the people, can now avoid that possibility.
We are at the precipice; we stopped the headlong rush over the edge, just in time. If we are not careful, we will still fall over.
Once again, this is no time for the sunshine patriot. there is still heavy lifting ahead.
No I do not miss the socialist Bush.
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.