McCain to Wall Street: Drop Dead?
How the bailout turns! If John McCain came out against the Paulson Plan, effectively killing it, would he not a) likely vault back into the lead vs.Barack Obama by opposing a trillion dollar bailout—maverick style!—that voters hate even if they think it somehow necessary, b) lock up working-class, "Sam's Club" voters in places like Michigan, Pennsylvania and Ohio, and c) send the base into Palinesque waves of ecstasy since Newt Gingrich/Rush Limbaugh/ Conservative Blogosphere have been ripping the bailout to shreds?
But wouldn't McCain also risk a) forever alienating wealthy economic conservatives in Manhattan and Connecticut, b) looking like he is stabbing the White House in the back, and c) sending the markets into a death spiral?
And if McCain supports the Paulson Plan, doesn't he risk tossing away all the good will he had built with conservatives by picking Sarah Palin as his veep? McCain might have to choose between winning an election or losing an economy.
Tags: presidential election 2008 | John McCain | Wall Street | government intervention
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$700B / 300 million = $400k
$700B in taxpayer funds divided by 300 million Americans equals $400k for each American, give or take. Each American household could receive up to $400k in debt relief which would provide more support for the fundamentals of the economy than a Wall Street bailout with money left over.
If $500 to a household as "economic stimulus" is a good idea, why not $400k in debt relief?
If we won a war from evil in the depression....
Our parents came out of the Depression with good values and
hard work, commitment, loyalty, good faith ideals, and with
the help of a President who couldn't even stand without leaning
on his son and with his great wisdom and wisdom from his cabinet
we won a War with everybody pulling together.
We are going to have to go back to basics and reality.
Palin and the Bailout
Do the conservatives that support her really pay any attention to something as complicated as this economy?
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