Bush’s bailout meeting ends in disarray; McCain gets blame

Dandelion Salad

By David Lightman and Margaret Talev
McClatchy Newspapers
Sept 25, 2008

WASHINGTON — Congressional negotiators’ carefully-crafted agreement on a $700 billion rescue plan threatened to unravel Thursday as lawmakers at an often tense White House meeting clashed over details.

As Republican presidential nominee John McCain looked on, House Republican Leader John Boehner raised concerns that the plan would be too costly to taxpayers, and offered an alternative plan.

Democrats were mad.

“What this looked like to me was a rescue plan for John McCain,” said Senate Banking Committee Chairman Christopher Dodd of the Republican objections.

His reference was to McCain’s eleventh-hour intervention in the negotiations, when he declared he was suspending his campaign and postponing Friday night’s debate with Democrat Barack Obama to help negotiate a bailout plan.

[…]

McClatchy Washington Bureau | 09/25/2008 | Bush’s bailout meeting ends in disarray; McCain gets blame.

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see

Ralph Nader: Why Is There Need for a Bailout? + Today’s Protests

Bush’s Bailout – The Rape of the US Citizens

The Creation of the Second Great Depression By Ron Paul

Bailout deal would start with $250 billion, limit executive pay

Lawmakers reach deal on most terms of financial bailout

Is the bailout needed? Many economists say it’s not

The Economy Sucks and or Collapse

2 thoughts on “Bush’s bailout meeting ends in disarray; McCain gets blame

  1. Pingback: Seizing America by Withholding the Mother’s Milk of Politics « Dandelion Salad

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