McCain to Wall Street: Drop Dead?

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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?

M. Jewell of MT @ Sep 29, 2008 18:33:08 PM

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.

Liz of GA @ Sep 28, 2008 13:55:52 PM

Palin and the Bailout

Do the conservatives that support her really pay any attention to something as complicated as this economy?

nancy of ID @ Sep 26, 2008 14:18:56 PM

Bailout too extremem, though needed

McCain certainly recognizes the need for a bailout, but he is unwilling to put for one worth 700 billion. He will do well to strike a compromise both with his conservative base, while simultaneously moving the economy at least primitively in the right direction.

A centrist move in this aspect would garner some votes from independents and fiscally conservative liberals, nonetheless preserving his base.

of MA @ Sep 26, 2008 12:41:38 PM

What is McCain DOING in Washington?

(1) Redrafting the Reform, Recovery, and Enforcement Act of 1989, which bailed out Lincoln Savings and the S&L crises during which McCain was part of the Keating Five 2) Apologizing for being involved with Phil Gramm and his deregulation bills Gramm-Leach-Bliley Act and Commodity Futures Modernization Act which contributed to this crisis (3) Doing a photo op to look like he is wasn't involved with Gramm and is sincerely trying to solve the problem (4) Avoiding debating Obama (5) All of the above

josephbbl of IL @ Sep 26, 2008 11:34:37 AM

Mccain has again shown his recklessness

He's a gambler.... and this time he gambled bad. He shouldn't be infusing Presidential politics into this crisis which is up to the CURRENT PRESIDENT and CONGRESS!!!!!

What a dope.

And Rush and Newt have also become dopes!!!! What happened to them

nikduke of MA @ Sep 26, 2008 10:01:01 AM

See the Insane Asylums are have looney people escap[e & post here

MY MY , What a Bunch of pusses, Typical Liberal Inbreds

PaRep of PA @ Sep 26, 2008 10:00:32 AM

DETAI;LS

WHAT ARE THE DETAILS IN THE PLAN ? WHERE ARE THE 3 PAGES ?

Floyd Barrow of TN @ Sep 25, 2008 19:41:14 PM

Renegade, Not Maverick

His call to halt the campaign (albeit temporary), rush to the floor (for what?), and ask to postpone the critical debate on Friday, all add up to another of his political stunts. Perhaps he just does not know how to debate on the economy, or more likely fears it. Maverick? I think not. Renegade? I'm sure of it.

Robert Anthony Silvestri of IL @ Sep 25, 2008 19:23:07 PM

Get With the Program

Hate to break it to you, but the wealthy folks in Manhattan and Connecticut AREN'T conservatives. Just look at the voting returns there, any precinct. The Mega-Rich have been breaking Democrat since at least Clinton.

Daddy Warbucks of CA @ Sep 25, 2008 16:16:05 PM

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Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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