Thursday, September 25, 2008

Helping by not helping
Tom Smith

So McCain is going back to DC to help with the bailout deal. So the Democrats know that if they don't hurry up and get it done before he gets there, he will get credit for making the deal happen. So they will get it done, even if they have to back away from some of their more overreaching changes to the deal. In this way, McCain helps push the deal through with the Democrats, who will get to say he is just grandstanding, trying to take credit for a deal they were going to finish anyway. Republicans will have to agree not to play up McCain's role too much, or else the Democrats will scuttle the deal, because they'd rather see the economy tank than let McCain get credit for saving it. Republicans will agree to do this, but once the deal is done, give McCain as much credit as they can anyway. Obama will vote present.

What effect this will have on swing voters, who are following this less closely than American Idol or whatever it is people watch these days, I have no idea.

https://rightcoast.typepad.com/rightcoast/2008/09/helping-by-not.html

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Tom Smith
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Comments

You are making the typical smear the Demns nonsense. Regulations gone amuck got us into the mess. McCain either supports a quick but unknown fix by Bush or he does not support Bush...which is it to be? Besides: he is not on any committee involved and at best will be in DC to cast a vote...his rushing back is political. Why do libertarians seem always reluctant to admit that when chips are down--ie, an election--they vote GOP, no matter what. Now gaze on this:
http://www.thebostonchannel.com/money/17554444/detail.html

http://www.reuters.com/article/marketsNews/idUSPEK16693720080925

http://money.cnn.com/2008/09/25/news/economy/new_homes/index.htm?postversion=2008092510

Posted by: david still | Sep 25, 2008 11:20:49 AM

david still - we're in this mess because the lending criteria had to be undermined in order to make quotas of loans to minorites. That is not the GOP's doing.

Posted by: krome | Sep 25, 2008 1:22:34 PM

http://www.dailykos.com/story/2008/9/24/132527/470/404/608781

Posted by: David is right | Sep 25, 2008 9:57:04 PM