Bailout and Politics

Here is the statement released by the McCain campaign just after the defeat of the Wall Street Bailout in congress. After this statement was released, McCain appeared in person to issue a statement (see YouTube video), also politicizing the bailout failure while decrying politicization. All this after the Republican's in the House voted against the bill, 65 Yea - 133 Nay.

McCain-Palin senior policy adviser Doug Holtz-Eakin:

“From the minute John McCain suspended his campaign and arrived in Washington to address this crisis, he was attacked by the Democratic leadership: Senators Obama and Reid, Speaker Pelosi and others. Their partisan attacks were an effort to gain political advantage during a national economic crisis. By doing so, they put at risk the homes, livelihoods and savings of millions of American families.

“Barack Obama failed to lead, phoned it in, attacked John McCain, and refused to even say if he supported the final bill.

“Just before the vote, when the outcome was still in doubt, Speaker Pelosi gave a strongly worded partisan speech and poisoned the outcome.

“This bill failed because Barack Obama and the Democrats put politics ahead of country.”

Michael