What I said yesterday about McCain and leadership… Scratch that. My first reaction to John McCain’s announcement that he was suspending his campaign and returning Washington to help craft a financial bailout plan was positive. I though it was bold move that could pay huge dividends down the road.<\/p>\n
This morning, after rolling it around in my head all night, I think it’s probably the dumbest thing I’ve ever seen a candidate do… It’s not bold leadership, it’s populist political pandering that may very well end up costing John McCain the election.<\/p>\n
The last I checked George W. Bush was still the President, Henry Paulson was still the Secretary of the Treasury, Ben Bernanke was the Chairman of the Federal Reserve, and there are 533 members of congress not running for President. It’s their responsibility to hammer out an acceptable bill.<\/p>\n
John McCain and Barack Obama belong out on the campaign trail talking about their respective philosophies for the future of our country not sitting in Washington pretending to be bipartisan.<\/p>\n
Tomorrow night’s debate should go on as scheduled as should the the Vice Presidential debate on October 2nd. Barack Obama is right “Presidents are going to have to deal with more than one thing at a time. It’s not necessary for us to think that we can only do one thing and suspend everything else.”<\/p>\n","protected":false},"excerpt":{"rendered":"
What I said yesterday about McCain and leadership… Scratch that. My first reaction to John McCain’s announcement that he was suspending his campaign and returning Washington to help craft a financial bailout plan was positive. I though it was bold move that could pay huge dividends down the road. This morning, after rolling it around […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[26,7],"tags":[47,57,159,160,129,123,158,40],"class_list":{"0":"post-472","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy","7":"category-politics","8":"tag-2008-elections","9":"tag-barack-obama","10":"tag-ben-bernanke","11":"tag-congress","12":"tag-credit-crisis","13":"tag-george-w-bush","14":"tag-henry-paulson","15":"tag-john-mccain","16":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfpI7-7C","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":580,"url":"https:\/\/www.jasetaro.com\/blog\/2008\/10\/02\/ouch-someones-not-happy\/","url_meta":{"origin":472,"position":0},"title":"Ouch… Someone’s Not Happy","author":"Jeff","date":"October 2, 2008","format":false,"excerpt":"Someone's not happy about the Bush\/Paulson\/Bernanky bailout plan. H\/T: Kathryn Jean Lopez.","rel":"","context":"In "Politics"","block_context":{"text":"Politics","link":"https:\/\/www.jasetaro.com\/blog\/category\/politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.jasetaro.com\/blog\/wp-content\/uploads\/2008\/10\/strategerycapital-300x205.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":776,"url":"https:\/\/www.jasetaro.com\/blog\/2008\/10\/15\/dick-armey-bush-plan-to-buy-bank-stocks-should-face-constitutional-challenge\/","url_meta":{"origin":472,"position":1},"title":"Dick Armey: Bush Plan to Buy Bank Stocks Should Face Constitutional Challenge","author":"Jeff","date":"October 15, 2008","format":false,"excerpt":"Via CNSNews.com: Former House Majority Leader Dick Armey (R-Texas) said that the Bush administration\u2019s plan to buy $250 billion in stock in U.S. banks should be challenged in federal court as unconstitutional. \u201cI think that it is subject to a serious constitutional challenge,\u201d Armey said in a conference call with\u2026","rel":"","context":"In "Money & Investing"","block_context":{"text":"Money & Investing","link":"https:\/\/www.jasetaro.com\/blog\/category\/money-and-investing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2300,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/06\/03\/were-healthy-banks-forced-forced-to-surrender-ownership-stakes-to-government\/","url_meta":{"origin":472,"position":2},"title":"Were Healthy Banks Forced Forced to Surrender Ownership Stakes to Government?","author":"Jeff","date":"June 3, 2009","format":false,"excerpt":"Were Healthy Banks Forced Forced to Surrender Ownership Stakes to Government? It's question that needs to be answered... From reading this CNSNews.com piece it would seem at least a few \"healthy\" banks were forced into surrendering ownership stakes to the government: Last October, then-Treasury Secretary Henry Paulson ordered nine banks\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":490,"url":"https:\/\/www.jasetaro.com\/blog\/2008\/09\/25\/bailing-on-the-bailout\/","url_meta":{"origin":472,"position":3},"title":"Bailing on the Bailout?","author":"Jeff","date":"September 25, 2008","format":false,"excerpt":"It looks like the bailout deal, if there ever was one, is collapsing... Democrats and Paulson are whining. ABC News' George Stephanopoulos Reports: Treasury Secretary Henry Paulson fears the Wall Street bailout deal is falling apart after a chaotic White House meeting, sources say. Paulson walked into the room where\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1051,"url":"https:\/\/www.jasetaro.com\/blog\/2008\/11\/24\/creeping-socialism-bush-defends-citigroup-bailout\/","url_meta":{"origin":472,"position":4},"title":"Creeping Socialism: Bush Defends Citigroup Bailout","author":"Jeff","date":"November 24, 2008","format":false,"excerpt":"I'm at a loss for words here... From the AP via Michelle Malkin: President Bush argued Monday that the government\u2019s dramatic rescue of Citigroup was necessary to \u201csafeguard the financial system\u201d and help the economy recover, and he said there could be more such moves if other institutions need help.\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":573,"url":"https:\/\/www.jasetaro.com\/blog\/2008\/10\/01\/senate-passes-crap-sandwich-20-74-25\/","url_meta":{"origin":472,"position":5},"title":"Senate Passes Crap Sandwich 2.0 74-25","author":"Jeff","date":"October 1, 2008","format":false,"excerpt":"From the Wall Street Journal: Senate Passes Bailout Package House Passage Remains Less Certain WASHINGTON -- The Senate's revamped bailout package drew support from 74 lawmakers in a roll call vote Wednesday evening, and the measure will now return to the balky House of Representatives for another vote following its\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/comments?post=472"}],"version-history":[{"count":0,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/472\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/media?parent=472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/categories?post=472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/tags?post=472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}