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McCain takes hit from bailout collapse - Major blow to presidential campaign

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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 10:58 AM
Original message
McCain takes hit from bailout collapse - Major blow to presidential campaign
McCain takes hit from bailout collapse

WASHINGTON (CNN) -- The House's failure to pass a $700 billion bailout package Monday not only held back billions for Wall Street, but also was a major blow to Sen. John McCain's presidential campaign.

Sen. John McCain says he is ready to work to get a financial rescue plan through Congress.

The Republican presidential nominee raised the stakes for himself last week when he suspended his campaign and returned to Washington for negotiations over a solution to the financial crisis.

"Even before the House vote, voters blamed Republicans more than Democrats for the crisis. Then McCain suspended his campaign to come back to Washington to rally support for a rescue plan," said Bill Schneider, a CNN political analyst. "He failed, so he gets blamed by both supporters and opponents of the rescue plan."

http://www.cnn.com/2008/POLITICS/09/30/bailout.candidates/index.html


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FightingIrish Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:02 AM
Response to Original message
1. John McCain is two days into his third bad week in a row.
Things could get much worse by the end of the week. I'm not counting chickens but McCain's moose may soon be cooked.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:04 AM
Response to Original message
2. recommend
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Mz Pip Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:04 AM
Response to Original message
3. I wish someone would
call McCain on the whole "suspended campaign" crap. He didn't stop fundraising. He didn't pull his ads. He didn't pull his supporters from TV appearances.

How exactly is an alteration in schedule "suspending my campaign?"

What bullshit. He suspended nothing. He changed locations for what he hoped would be a more productive photo-op.
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populistdriven Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:52 AM
Response to Reply #3
8. Bullshit! McCain suspended disbelief!
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 12:01 PM
Response to Reply #3
11. No! DON'T call them on it! lol
It looks bad that he suspended his campaign, even if he never really did! lol
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ailsagirl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:13 AM
Response to Original message
4. Especially since he was actually SAYING that the bill passed!!
How does it feel to have egg on your face for three weeks running?????? :rofl:
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amborin Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:16 AM
Response to Original message
5. let's not allow him
to somehow take credit when and if a bill finally passes!
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 12:02 PM
Response to Reply #5
12. Oh that'll never happen. lol
He screwed up the first time. He knows he has no credibility left. There are no do-overs for John McCain at this point.
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:18 AM
Response to Original message
6. Obama could put the final nail in the coffin by explaining the bailout to Americans.
Nobody has done that yet and Americans are desperate for it.

That's normally something a President would do, but we don't seem to have one at the moment.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:57 AM
Response to Reply #6
9. +1
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FloridaGrl Donating Member (615 posts) Send PM | Profile | Ignore Tue Sep-30-08 12:00 PM
Response to Reply #6
10. I agree
plus explain what the original proposal looked like and what the democrats/republicans suggested changes were.
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msallied Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 12:03 PM
Response to Reply #6
13. Exactly. The sitting lame duck tried to do that, but no one is buying a thing from his lips.
We need someone we trust to get up there and tell it like it is. This policy failed because Bush is effectively the boy who cried wolf now.
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 12:09 PM
Response to Reply #13
14. He's doing this now.
Sort of. He's at least explaining the crisis.

Thank God.
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quispquake Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 11:32 AM
Response to Original message
7. Um...not all gambles succeed...
He did an all-in...he got nailed...being a gambler, he should be the first to understand that just because you make a gamble, it doesn't mean it's gonna work...
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