Enter John McCain and the 2008 bailout, courtesy of AZ Central:
In response to criticism from opponents seeking to defeat him in the Aug. 24 Republican primary, the four-term senator says he was misled by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke. McCain said the pair assured him that the $700 billion Troubled Asset Relief Program would focus on what was seen as the cause of the financial crisis, the housing meltdown.This is utterly pathetic. John McCain, the man who actually cast the vote is blaming someone other than himself for casting it? If McCain was misled by Paulson, how does he explain the fact that so many of his constituents were not?
"Obviously, that didn't happen," McCain said in a meeting Thursday with The Republic's Editorial Board, recounting his decision-making during the critical initial days of the fiscal crisis. "They decided to stabilize the Wall Street institutions, bail out (insurance giant) AIG, bail out Chrysler, bail out General Motors. . . . What they figured was that if they stabilized Wall Street - I guess it was trickle-down economics - that therefore Main Street would be fine."
How long is it going to take McCain to blame Obama for misleading him when McCain told a town hall on October 10th, 2008 that there was no need to be "scared" of Obama as president.
h/t to Free Republic
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