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McCain's Stunt: Another Lead Balloon


McCain continues his plan to campaign (and then govern) by gimmick.  Here's how you can tell it's a stunt:

A senior McCain campaign official said that the “Bush package is dead. This is a serious situation. Package must be resolved by the time markets open on Monday."

http://blogs.abcnews.com/politicalradar/2008/09/mccain-not-comm.html

Um, I've got news for you, anonymous senior McCain official:  the markets are open this week, including tomorrow and Friday.  They can react each day in real time.  There is nothing magical about this weekend and Monday morning.  This is not another Weekend at Bernanke's situation, as with Bear Stearns and Lehman Brothers/AIG.  You better come up with a better reason for trying to back out of the debate.  You've had time to react to the financial market turmoil and the Bush administration's bailout proposal.  Right now, you look scared and weak.

Also, when your a Republican and you lose GOP Rep. Tom Davis, due to your own administration's lack of credibility on these issues, you're in serious trouble!

"It's a tough sell to most of our members," said Rep. Tom Davis, R-Va., after a closed-door meeting with Paulson and Bernanke. "It's a terrible plan, but I haven't heard anything better."

Compounding the administration's challenge, Republicans and Democrats both say Bush has lost credibility, particularly in cases where he argues there will be dire consequences if Congress doesn't act.

"They sold the war, they sold the stimulus package and some other things. It's the 'wolf at the door'" argument, Davis said.

http://news.yahoo.com/s/ap/20080924/ap_on_bi_ge/financial_meltdown;_ylt=AmXjWJEVSGTBLYnMPvs3FPWs0NUE


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