by hilzoy
And he even says he did it on purpose! Just look:
John McCain, yesterday:
“The fact is, that the same people that are now claiming credit for this rescue are the same ones that were willing co-conspirators causing these problems we are in.”
Politico, “McCain claims bailout credit”, Sept. 28, 2008:
“Previewing a McCain campaign message for the days ahead, top strategist Steve Schmidt claimed Sunday that Sen. John McCain (R-Ariz.) is partly responsible for the tentative agreement on a mortgage bailout that congressional leaders announced shortly after midnight.”
My friends: you will know their names.
Will the last person to sell the Dow Jones Industrial Average please turn out the lights?
sure, we will know their names. but the pitchfork electorate will only believe what they hear from McPalin.
Um, Yikes.
And Paul Campos does what I was doing earlier this week, only in long form.
Too cute by half, or whatever that cliche is. McCain and his hired guns, to get inside their ideologically besotted brains for a moment, are not/is not blaming himself in that 1st quote, because they blame a Fannie/Freddie/Community Reinvestment Act/ACORN public-private-activist left cabal for this mess…not themselves or their crony finance capitalist pals.
Um, Yikes.
Using poker speak, I’ll see your Yikes and raise you:
Letters of Credit being refused, international trade seizing up as a result
Quicken Loans honcho says this about McCain’s thought-of-it-on-the-fly mortgage proposal:
“I think if he wants to create the biggest disaster in the history of this country, that’s something he would do.”
McCain’s conservative principles questioned here.
McCain does not care if he receives credit or blame, just so the conversation turns to being about him. McCain made the attempt to ride into DC like a sheriff solely because he wanted attention and glory. He may be off horseback now, but he still only cares about accolades. He does not even seem to know the issues at stake, he only knows that McCain needs to keep things about McCain.
Headlines like this — “The End of American Capitalism” — give one pause.
Seems like an overreaction.
Or is it?
This quote from Joseph Stiglitz, a Nobel Prize-winning economist at Columbia University stands out:
“People around the world once admired us for our economy, and we told them if you wanted to be like us, here’s what you have to do — hand over power to the market. The point now is that no one has respect for that kind of model anymore given this crisis. And of course it raises questions about our credibility. Everyone feels they are suffering now because of us.”
Good news.
Looks like gas at my local filling station — which was 3.01 a gallon yesterday — will be 2.99 tomorrow. Amazing.
It wasn’t that long ago I remember talking to people who said we’d never see gas prices under $3 a gallon again.
I wonder if John “Drill, Baby, Drill” McCain will take credit.
“And Paul Campos does what I was doing earlier this week, only in long form.”
Perhaps you meant to link to this?
Wait, no, you meant to link to this!
***Dave Does the Blog – Emergency Quick Buffer-Flushing Edition!
A bit briefer than my usual analysis, but trying to get this out before I head off for 19 hours of flight (and another 8 of night time): MCCAIN…