House Republicans say that Senate leaders spoke too soon when they said a deal had been reached on a Wall Street bailout package.
In addition, a key Republican lawmaker stated that Sen. John McCain (R-Ariz.) wants to explore new ideas, like loaning money to financial institutions or insuring the companies, rather than buying their toxic debt.
Johnny has to look like he rode in on his white horse and saved the day. All indications were a deal was progressing nicely, then idiot McCain pretended to throw himself on a grenade. Now Republicans have to make his stupid bailing from the debates move look good - and the only way to do that is to pretend like he knows something about the economy.
"We would prefer a loan or supplying insurance,” Bachus told reporters. “These are the ideas Sen. McCain tried to maximize. He feels strongly we have to design a program where taxpayers won't lose."
Bachus, wearing a “McCain-Palin” lapel pin, said he’d talked to McCain on Wednesday night and had breakfast with McCain’s advisers Wednesday morning.
This is embarrassing.
Asked about Bachus’s ideas, Frank questioned why Bachus hadn’t mentioned them in negotiations.
“I’m disappointed he wouldn’t have raised them in the meeting,” Frank said.
Yeah, well, this is all about polticis and setting McCain up to be the hero, nothing else. Complete and total selfish asshole.
End result: McCain doesn't show up for the debate and looks like a coward. Good luck with that, hero.