Thursday, September 25, 2008

McCain scuttles bipartisan deal to save the economy

Well, it now looks like John McCain has singlehandedly scuttled any chance for a resolution of the credit crisis.

The deal, as it came together, was not the $700,000 blank check to Secretary Paulson that had originally been proposed by the Bush Administration, but was instead a deal that would see the money dispersed over time, with significant oversight to make sure it was actually doing and being used for what it was supposed to do. It gave the taxpayers some equity in the corporations it helped, and it limited extravagant pay packages for the executives of those corporations.

All things were moving toward an agreement, until McCain stuck his nose in where it didn't belong. By trying to take credit for a solution he had absolutely nothing to do with, McCain has apparently driven the deal into the ground.

I haven't witnessed such a selfish, petulant, pious, but ultimately wildly destructive act in my entire life. "Country first" my ass. John McCain has never been about anything but John McCain.

John "LOOK AT ME" McCain: Narcissus reborn.

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