Sunday, September 28, 2008

Hell is for homeowners

All week, news of the bailout to help our economy was front-page. Congress was close on a deal that included assistance to homeowners (being able to have a judge, essentially, renegotiate mortgage terms on a primary residence as can be done for second homes and companies) but that went by the wayside when John McCain suspended his campaign to get directly involved in the development and finalization of the bail-out plan. Yesterday, we received news that those spineless jellyfish known as Democrats caved to remove any assistance to strapped homeowners facing foreclosure. Today, with the bailout plans now limited to kiss the boo-boos of irresponsible rich people with multiple homes and golden parachutes providing exorbitant amounts of [poor and middle-class] tax-payers cash to those who caused the crisis, we hear that Congress is really close to a deal.

According to the Associate Press, while McCain didn't say a dang thing during the photo-op meeting that required he put the election on hold and rush to DC for face-to-face negotiations of the bail-out crisis, he steered the development of the current plan by phone
After making a dramatic entrance on Capitol Hill Thursday to be part of the bailout negotiations, McCain stayed away Saturday as lawmakers inched toward an agreement. He made phone calls to the White House and GOP leaders from his suburban condominium and later at campaign headquarters.

Aides said that in addition to Bush, McCain spoke with Treasury Secretary Henry Paulson, Fed Chairman Ben Bernanke, and about a dozen influential Republicans including Senate Minority Leader Mitch McConnell and Rep. Eric Cantor, a leader of a House GOP effort to craft an alternative plan.

According to McCain senior strategist Mark Salter, the Senator already used the dramatics of pretending to put the country first by pretending to put his campaign on hold and now prefers to openly interject Presidential politics "can effectively do what he needs to do by phone."

On another interesting note, McCain actually used the term "sophomoric" when describing Senator Obama's experience and understanding of foreign affairs. UPDATE: boy do I need to pay more attention sometimes, it was Plouffe who referred to McCain's tactics as sophomoric. Amanda also picked up on McCain's attitude treating Obama as some pipsqueak who had no right to be running against him. Mind you, the [Obama] doesn't understand comments are rich coming from the man who brought Sarah "I see RUSSIA" Palin to national prominence as his heir-apparent.


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1 comment:

Anonymous said...

from Politico:
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.

What I want to know is if he'll take credit for the fact homeowners had to be screwed over for his party to sign on.