Posts Tagged ‘cash for clunkers’
John McCain Admits Bailout Was a Mistake
This is why we have to elect people that have clue about how socialism and capitalism works.
Let’s see, give the bankers and insurance companies 700 BILLION DOLLARS because they failed!?! Thousands send faxes, emails, and make phone calls to try to stop Congress from doing it… We need to vote them ALL OUT — each and every one that voted FOR the wall street bailout, if we can. These are not the people we need to rebuild this country and take it back from the socialists!
My opponent, Representative JoAnn Emerson VOTED FOR THE BAILOUT, CASH FOR CLUNKERS, unbalanced budgets, NAIS FUNDING has all come through her AG Committee, TAX INCREASES, JOB DESTROYING TRADE AGREEMENTS, funding out of control regulatory agencies, and on and on!
Don’t be fooled again!
Most people are not aware of these facts, please pass this on to your friends. In my meetings around the district, I am finding even Republican committee people are not aware of these votes…
– Bob Parker
Dave Eberhart wrote an interesting article about Sen. John McCain’s appearance on CNN’s “State of the Union” this weekend and revealed that he now regrets the Wall Street bailout.
McCain dropped a bombshell when revealing his thoughts on the Troubled Assets Relief Program (TARP) that, among other things, green-lighted the federal government to bailout the floundering financial sector.
“What we’ve done, unfortunately, is we bailed out Wall Street, now they’re making billions, they’re making the deals, they’re giving the bonuses, and because they were too big to fail, we pumped – I don’t know, we still haven’t had a full accounting – into those major financial corporations and told financial institutions.”
In 2008 McCain voted for the TARP bailout, but now revealed his disappointment in how the bailout went down.
“We told them they were too big to fail,” McCain told King. “We told the guy on Central Avenue that just shut down his storefront that he’s too small to save. There’s something terribly wrong with that picture, and we were off on the wrong foot by bailing out these financial institutions instead of addressing the housing crisis. And Americans have figured it out and they’re very, very unhappy.”
For the full article: http://www.newsmax.com/insidecover/mccain_bailout_vote_obama/2009/10/12/271235.html?s=al&promo_code=8BAC-1







