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Wednesday, September 24, 2008
Is It True??
Posted by: Amanda Carpenter at 1:45 PM
Democratic Majority Leader Harry Reid said he got word John McCain will support the bailout.

“I got some good news in the last hour or so … it appears that Sen. McCain is going to come out for this,” Reid said, according to The Hill.

"It appears" are the operative words here. McCain has not made any public statements indicating this is true. Why would he let Reid break the news on this?

How mad would it make TH readers if McCain supported this thing???
Is there any chance Reid is misspeaking, or trying to make people mad at McCain?

Update: Commenter Sarah writes:
"Either Sen. Reid is not telling the truth or the person who I spoke with in Sen. McCain's office lied to me. I just contacted Sen. John McCain's DC office not 1/2 an hour ago (of whom I am a constituent) and was informed by the nice woman on the other end that Sen. McCain is voting NO on the $700 billion "No Wall Street Banker Left Behind" bill. I called 202-224-2235."


View in ascending order View in descending order
Sue writes: Wednesday, September, 24, 2008 6:33 PM
Reid
I am sorry I can't believe anything that Reid says. He thinks Congress is doing a great job!
theghost writes: Wednesday, September, 24, 2008 2:40 PM
Got played ...
Reid just got played by a McCain staffer ... leak that McCain's a yes, get Reid to come out in public then pull the rug out from under him ...
well played ...

eddie too writes: Wednesday, September, 24, 2008 2:38 PM
One of the biggest problems this country

has is the government meddling in the free market.
eddie too writes: Wednesday, September, 24, 2008 2:37 PM
The Congress, the administration and

Wall Street have brought us to this point. Now they think they can change the immutable laws of supply and demand. They think they can manipulate the market to the benefit of the American taxpayer. Tell me again why this makes sense.

Since when do we who believe in free enterprise jump on board and attempt to manage the market?
Sarah writes: Wednesday, September, 24, 2008 2:28 PM
Going To Trust
It looks like The Hill's article was written yesterday (the 23rd). I called Sen. McCain's DC office today (the 24th). I am going to trust that Sen. McCain changed his mind and the person in his office was telling me the truth when she said that the Senator is voting NO on the Bailout Bill.
Fat Man writes: Wednesday, September, 24, 2008 2:09 PM
I'm a TH Reader

I'm also a staunch supporter of President Bush. Perhaps that puts me ad odds with Matt, et al. But I still consider myself more or less a conservative.

I really don't like the idea of this bail out. On the other hand, I think it was Hugh who asked the question, "Do you really want to have the consequences of inaction on your hands?"

That's a good question.

Another good question is whether or not a similar move by the government in 1929, if effective (key assumption, I know), would have been a good move.

I really don't know the answers to these questions. Therefore I find it hard to fault the current administration and congress for trying to prevent a major economic melt down.

Still, I REALLY don't like a couple of things about this whole situation:

First, it is very difficult to get behind an action that prevents the culprits of this problem from experiencing the losses appropriate to the risks they have taken - both on Wall Street and Main Street.

Second, it is unsettling to say the least that so much power would be placed in the hands of so few with so little oversight and/or repercussion.

This is a tough situtation.
LLR writes: Wednesday, September, 24, 2008 2:07 PM
Harry Reid
Isn't he the same dolt that said we were losing in Iraq, the one who hangs on Pelosi's skirt tails. Reid is a girlie man loser
Joe writes: Wednesday, September, 24, 2008 2:05 PM
NYT tries to will Age of Obamalot
Protein Wisdom reports:

As I noted in an update last evening would almost certainly be the case, the media today is pushing the story that the firm owned by McCain’s campaign manager, Rick Davis, lobbied for Freddie and Fannie Mac — all while continuing to ignore exploring, at any length, Sen Barack Obama’s actual ties to those closely related to the current economic meltdown. Not only that, but the Davis-as-tied-to-crisis story is disputed by the McCain campaign — which alleges that the NYT has reported in bad faith, and that public records back up the campaign’s claims that Mr Davis cut ties to his firm in 2006, and that he never lobbied Freddie or Fannie Mac (and in fact, hasn’t been a registered lobbyist since 2005).

All of which, I suppose, is not surprising; after all, the media seems to think that the Sen from Illinois is running against everyone but Senator McCain, from the Gov. of Alaska to a campaign manager, and so their function has been to try to dirty them and hope that as the stories accrue, the public is left with a certain impression crafted by their reporting, while the facts that undercut this impression will ultimately only be “corrected” in the back pages of the paper, if at all.

http://proteinwisdom.com/?p=13309
Sarah writes: Wednesday, September, 24, 2008 1:56 PM
Someone Is Lying
Either Sen. Reid is not telling the truth or the person who I spoke with in Sen. McCain's office lied to me.

I just contacted Sen. John McCain's DC office not 1/2 an hour ago (of whom I am a constituent) and was informed by the nice woman on the other end that Sen. McCain is voting NO on the $700 billion "No Wall Street Banker Left Behind" bill. I called 202-224-2235.

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mike (and arch).
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Mike Take heed!
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