Sunday, October 05, 2008

For McCain, has it been "Country First" or was it "CountryWide" First?

John McCain has been promoting his Presidential bid with the phrase "Country First!" The problem is he hasn't acted that way in his latest endeavor to rush back to Washington to get his Republicans in the House to vote for the Rescue plan. He said he was going to cancel his campaign until it passed. He didn't. They voted against the Rescue plan the first time and by McCain adding Presidential politics into the mix, the Senate added Pork to the $700 Billion package for such things as helping an Arrow manufacturer, helping import Rum from the Caribbean supplier and other pork projects to get Republican support. It worked. Another $100 Billion plus was added to the Bill, McCain voted for the additional Pork and then the House Republicans joined the Democrats and the Bill passed. That maneuver cost the taxpayers an additional $100 Billion from the original $700 Billion package to reach $800 Billion. So John McCain was hypocritical and more likely disingenuous.

He has supported deregulation across the board for the past 20 plus years he has been in the Senate. We all learned deregulation has caused the problem. So how can anyone argue McCain isn't 4 more years of the Bush presidency, as he has voted for Bush's policies 90% of the time. He has favored and pushed deregulation for the Banks causing the Sub Prime crisis as has his Economic Advisor former Senator Phil Gramm. You see it has never really been "Country First!" for McCain. It has been more like "CountryWide First!", the first financial institution to go belly up as the leaders in the Sub Prime lending fiasco.

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