On Wed, 24 Sep 2008, shag wrote:
> I think he'll look like an ass, especially if BHO plays it right. He
> looks like a chicken shit who can't walk and chew gum at the same time.
It's looks like McCain's totally fucked -- they've reached a deal. Barney Frank was at his sarcastic best. I love him expressing fear that McCain will slow them down:
http://www.reuters.com/article/marketsNews/idUSN2448444820080925?sp=true
Wed Sep 24, 2008 10:50pm EDT
Reuters
UPDATE 2-US Democrats claim Wall St. bailout breakthrough
By Richard Cowan and Thomas Ferraro
WASHINGTON, Sept 24 (Reuters) - Democratic Rep. Barney Frank said on
Wednesday Democrats had reached an agreement to stem one of the worst
U.S. financial disasters in decades, and that there would be enough
votes to pass the measure and send it to President George W. Bush to
sign into law.
<snip>
Frank took a dig at Republican presidential nominee John McCain, who
interrupted his campaign to return to Washington on Thursday to help
work on a Wall Street bailout.
"All of sudden, now that we are on the verge of making a deal, John
McCain here drops himself in to help us make a deal, Frank said.
He expressed fear that McCain, a U.S. senator from Arizona who has
spent much of the year away from the Capitol campaigning, could end up
slowing down work on the bill.
The Massachusetts Democrat noted that a meeting on Capitol Hill on
Thursday will be interrupted for a "photo op" at the White House with
congressional Democrats and Republicans as well as Bush.
"We're trying to rescue the economy, not the McCain campaign," Frank
said.
<snip>
"We know very well what Treasury and the Federal Reserve think would
make this unworkable. I do not think we will have anything in here that
they think would make it unworkable," Frank said.
The issue of government controls on compensation for executives of
corporations that participate in the bailout had ignited a firestorm,
with Americans complaining to their representatives in Congress that
these corporate chiefs shouldn't be rewarded for failure.
"On the executive compensation thing, it went to the core of their (the
Bush administration's) being," said Frank. "It was like asking the
chief rabbi of Jerusalem to eat bacon on Yom Kippur. It was the most
unthinkable thing they could think of." (Reporting by Richard Cowan and
Thomas Ferraro; Editing by Doina Chiacu)