Friday, September 26, 2008

Debate is one - here's McCain statement

Politico reported about 5 minutes ago - - -

Sen. John McCain (R-Ariz.) announces: "The McCain campaign is resuming all activities and the senator will travel to the debate this afternoon. Following the debate, he will return to Washington to ensure that all voices and interests are represented in the final agreement, especially those of taxpayers and homeowners."

Politico also published the text of a statement from his camapign at about 11:20 a.m. Eastern. It follows in full - - -

John McCain’s decision to suspend his campaign was made in the hopes that politics could be set aside to address our economic crisis. In response, Americans saw a familiar spectacle in Washington. At a moment of crisis that threatened the economic security of American families, Washington played the blame game rather than work together to find a solution that would avert a collapse of financial markets without squandering hundreds of billions of taxpayers’ money to bailout bankers and brokers who bet their fortunes on unsafe lending practices.

Both parties in both houses of Congress and the administration needed to come together to find a solution that would deserve the trust of the American people. And while there were attempts to do that, much of yesterday was spent fighting over who would get the credit for a deal and who would get the blame for failure.

There was no deal or offer yesterday that had a majority of support in Congress. There was no deal yesterday that included adequate protections for the taxpayers.

It is not enough to cut deals behind closed doors and then try to force it on the rest of Congress — especially when it amounts to thousands of dollars for every American family.

The difference between Barack Obama and John McCain was apparent during the White House meeting yesterday, where Barack Obama’s priority was political posturing in his opening monologue defending the package as it stands.

John McCain listened to all sides so he could help focus the debate on finding a bipartisan resolution that is in the interest of taxpayers and homeowners. The Democratic interests stood together in opposition to an agreement that would accommodate additional taxpayer protections.

Senator McCain has spent the morning talking to members of the administration, members of the Senate, and members of the House. He is optimistic that there has been significant progress toward a bipartisan agreement now that there is a framework for all parties to be represented in negotiations, including Representative Blunt as a designated negotiator for House Republicans.

The McCain campaign is resuming all activities and the senator will travel to the debate this afternoon. Following the debate, he will return to Washington to ensure that all voices and interests are represented in the final agreement, especially those of taxpayers and homeowners.
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I'll have more to say later today.


2 comments:

Anonymous said...

The latest government scam.

When did Congress become a mere department retained to rubber stamp the demands of the US President? When did it stop being an equal branch of government?

The Wall Street Billionaire Bailout is pure scare politics. Let the FDIC deal with each failed investment bank, sell the assets, let viable banks take over, fire the leaders of the failed institution, protect the depositors and move on.

Fire Bernacke, fire Paulson.

If the Democrats think the President is so right on the money let them pass it - they have the votes. Anyone who takes the pork promises on this is just making a very bad bill worse.

The government and investment bankers are responsible for the failed economy, they must do the right thing and stop playing with fire. The last thing we should do as a nation is open our wallets to the thugs who got us into this mess and say "Help yourself."

I have contacted all of my Congress Critters - I hope we all have.

Just say no to the Billionaire Bailout. Do not allow your feelings to be manipulated by the thugs in Washington, DC.

Anonymous said...

Here's one for ya -- Alan Fishman -CEO of Washington Mutual - On the job 17 days - His company fails - He walks away with 20 MILLION dollars. Very, Very Wrong!! Steve in New Mexico