According to Boehner, McCain’s little break in the campaign wasn’t just for show:
What did the delay and negotions accomplish? It eliminated a huge slush fund for various groups like Acorn, for one.
Also out:
Worth taking a day or so break in the campaign for. And what did Obama accomplish in the meantime…. (or ever?)
BTW: I still vehemently oppose the bailout as a disaster for the country; unfortunately, no one in power is listening. But at least McCain’s action knocked 20% off the disaster. And rest assured; with Fortis going belly-up today (and getting a 3-nation bailout), the American market would have tanked tomorrow if a deal wasn’t announced. No guarantee it won’t, anyway.
Filed under: Economics, Election 2008, John McCain, Politics
I wholeheartedly disagree with the bailout, but I agree that all profits should be restricted to lowering our debt. That is a very good move.