CNN: Obama Tried to Rescue Meeting, McCain Was Silent
by EmperorHadrian
Thu Sep 25, 2008 at 08:38:41 PM PDT
Fourty years of republican misrule has brought us to this. Financial ruin at every level. But CNN reported on what happened inside the meeting at the White House today. Its failure seems to have caused the failure of this deal, and this meeting would not have occured if McCain hadn't demanded it. He took another huge gamble, and lost. After the cameras left, Boehner started ranting about the right wing "plan" (deregulation, capital gains tax cuts, and an insurance plan that Paulson said won't work). Bush was silent, and McCain said nothing. It seems as though Obama was the only one who tried to lead the meeting to some productive conclusion. CNN said that Obama first tried to reason with Boehner, and ask him to detail what his plan was. After he did this, Obama calmly asked Paulson if it would work, and Paulson said that it definately would not work (which was why house republicans didn't ask him about this at the meeting yesterday). Obama continued with his attempts to salvage the mess that McCain created and refused to correct, but was unable. Again we see how much we need Obama and his leadership, and how disastrous McCain would be.
EmperorHadrian's diary :: ::
Barney Frank just said that Lindsey Graham is now saying that the plan to allocate 20% of profits made to housing assistance for low income home owners is not acceptable, even though Senators Corker and Bennett said it was acceptable this morning. This goes further to the point that McCain is actively trying to kill this deal. You can't reason with a house full of ideologues any more than you can teach a dog calculus.
It is plainly obvious that McCain was principaly responisble for the failure of this bailout deal. And, for everyone here, this is a bailout of main street, not wall street. Without credit, main street cannot function. Plus taxpayers will probably make a profit, or at least lose very little money. Without it, we are possibily looking at Great Depression II, and the sequel is always worse than the original.
Update: The New York Times does mention this incident in a new article.Instead he [McCain] found himself in the midst of a remarkable partisan showdown, lacking a clear public message for how to bring it to an end.
At the bipartisan White House meeting that Mr. McCain had called for a day earlier, he sat silently for more than 40 minutes, more observer than leader, and then offered only a vague sense of where he stood, said people in the meeting.
...
Still, by nightfall, the day provided the younger and less experienced Mr. Obama an opportunity to, in effect, shift roles with Mr. McCain. For a moment, at least, it was Mr. Obama presenting himself as the old hand at consensus building, and as the real face of bipartisan politics.
Update 2: Remember this Kossacks, what do all great presidents have in common? Think Lincoln or FDR. They all came into office during a time of extreme crisis. Good times don't make great presidents. Bad times make great presidents, or in McCain's case, absolute disasters.
Obama being Presidential. I'm not surprised.
McCain is a joke, a fraud, and a Punk @#%$+~^@%!
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6 comments:
This should not have gotten to a point where Obama had to try to rescue anything. This is not about that at all..
This is about a man - John McCain- who is attempting to benefit from the financial crisis by using the meeting as a photo opportunity and as a gimmick to fool the American people and turn attention away from his failings (in the years leading to the crisis, and during the crisis itself). He also wants to divert attention away from the fact that one of his main economic advisors was (is) a paid lobbyist working for Fannie Mae & Freddie Mac.
The nonsense about delaying the debate was a distraction... and an attempt to make it look as if McCain was putting "Country First"...that he was some sort of great leader. He has already been using his campaign slogan to describe his actions yesterday..."Country First"...so it is obvious why he pulled these stunts. It's a naked attempt to get political gain from the crisis (a crisis he helped to create). Now on top of that...he wants to exacerbate the crisis that we already have.
In fact, from what I have read and heard... McCain basically ambushed the meeting and caused everything to go off track. He wants to create a crisis within a crisis... so that he can hijack events and become the center of attention. He wants to look Presidential... to make himself look like the hero who saved the day.
McCain had not even been involved with the ongoing discussions.
And it's amazing to me that someone who fought so hard against government regulation and oversight of the banking system now all of a sudden is in favor of oversight. OBAMA BETTER MAKE THAT POINT!!! I'm tired of the way Obama and the MSM allows McCain to get away with this nonsense.
He doesn't want to debate tonight because he wasn't ready for Obama. So he had to create some sort of chaos... to divert everyones attention.
If I have time, I will post more on this later... but McCain's antics are sickening.
If a deal isn't done by next Monday... I wonder how many people might lose their jobs or their retirement savings because of what McCain did this afternoon. How many lives will be be responsible for screwing up with his recklessness.
Country First My....!
This piece is so bias and untrue I won't even waste much time on it. Forty Years of Republican rule?? Who was Bill Clinton?? Who Runs the House and Senate and passes these bill through?? You and CNN need to get out of the Tank for Obama and do some deceit unbiased reporting.
"so bias and untrue"
Just because a news story doesn't fit your ideological bent doesn't make it untrue. What basis do you have for calling the information "untrue" other than you don't agree with it or you refuse to accept it.
Were you present at any of these meetings? No.
Why should anyone believe you (someone who has not offered any facts or cited any sources to backup your arguments) and not believe those who were actually present at the meetings or who were in close contact with those who were present? Give me a break!
You will have to do better than this if you want to continue posting comments.
Vandalism will not be tolerated here.
So me disagreeing, with how this piece was written is vandalism??
Since you say I have nothing to back up what I am saying, when was Bill Clinton President again?? Has it really been 40 years??
If you want me to stop reading your blog just let me know and I will. I'm just merely trying to balance your that-a-boy blog.
I welcome dissenting views. But don't simply say you disagree with something, repeat propaganda, or label something as "untrue". I just ask that you (on occasion) back up your comments with facts, evidence... link to articles, etc.
I know you are used to how things might be done in the MSM, where Republicans can lie, mislead and use propaganda without anyone challenging them. But that's not how it goes here.
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