McCain Urges Treasury to Act Without Legislation on Bailout

[balantz]

Speaking on morning television, the Arizonan urges the Treasury Department to address the economic crisis on its own by buying $1 trillion in mortgages and tapping its exchange stabilization fund. Also backs raising the FDIC insurance cap to $250,000.

On CNN: “I will do whatever is necessary… We haven’t convinced people that this is a rescue effort not just for Wall Street but for Main Street America.”


More:

http://thepage.time.com/2008/09/30/%E2%80%9Ci%E2%80%99m-not-going-to-parse-every-answer%E2%80%9D/

[fed_up_mother]

1. So, now he wants the guy he wanted to sack last week to just "take power" to act?

Or am I confused? I can no longer keep up with the antics of John McCain!

[balantz]

3. He is being told to tell us we should support bypassing Congress

He wants to skip the laws of the Constitution.

[fed_up_mother]

5. That's what I thought. Same guy he wanted to fire he now trusts to act?

I can't keep up with his antics anymore!

[GetTheRightVote]

2. So the voice of the American Public should be meaningless period.

:grr:

[orwell]

4. A trillion in mortgages?

Will that cover his 7 houses?

Whatever McBlather...