McCain struggles to explain support for bailout

Ithaca Journal

10/02/08

Republican presidential candidate John McCain, who insists he would veto any pork barrel bills to come across his desk as president, is struggling to explain his vote for the revised financial bailout plan that contained a number of those pet projects. In an interview on MSNBC’s ‘Morning Joe’ program Thursday, McCain said the extra sweeteners added to the financial bailout bill that passed Wednesday night in the Senate are ‘just the way the system is working in Washington, and the reason why it’s got to be fixed and it’s got to be changed’...

//tinyurl.com/46fmfr


Informant: Thomas L. Knapp

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In case you missed it:

McCain Rejects Broad U.S. Aid on Mortgages

Drawing a sharp distinction between himself and the two Democratic presidential candidates, Senator John McCain of Arizona warned Tuesday against vigorous government action to solve the deepening mortgage crisis and the market turmoil it has caused, saying that "it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers."

//tinyurl.com/4ed5j2


From Information Clearing House

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Trailing, McCain Prepares to Go Negative

Michael D. Shear, The Washington Post: "Senator John McCain and his Republican allies are readying a newly aggressive assault on Sen. Barack Obama's character, believing that to win in November they must shift the conversation back to questions about the Democrat's judgment, honesty and personal associations, several top Republicans said. With just a month to go until Election Day, McCain's team has decided that its emphasis on the senator's biography as a war hero, experienced lawmaker and straight-talking maverick is insufficient to close a growing gap with Obama. The Arizonan's campaign is also eager to move the conversation away from the economy, an issue that strongly favors Obama and has helped him to a lead in many recent polls."

//www.truthout.org/100508Y



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