The Public News Network • Operation Itch VIDEO In news that sent shock waves of panic through wall street, Old Chris Cringle arrived in Washington today seeking a $1.6 trillion bailout from congress, warning that if congress fails to act- Christmas will be cancelled indefinitely.
Is it possible that in this historic election that the first debate featuring McBama was actually overshadowed by other news? As lawmakers prepare to vote on the $700 billion dollar bailout (and McCain maneuvers to take the credit), the House approves a trillion dollars in spending- not for the bailout, but to expand the empire.
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Previewing a McCain campaign message for the days ahead, top strategist Steve Schmidt claimed Sunday that Sen. John McCain (R-Ariz.) is partly responsible for the tentative agreement on a mortgage bailout that congressional leaders announced shortly after midnight.
Schmidt was appearing on NBC’s “Meet the Press” with David Axelrod, the Obama campaign’s chief strategist, who ridiculed the McCain claim as “a little bit of fiction.”
Obama, asked on CBS’s “Face the Nation” if McCain deserved credit for bringing lawmakers together, replied “No,” according to AP.
McCain himself was modest, saying on ABC’s “This Week” that congressional negotiators deserve “great credit” for the bipartisan deal. “”It wasn’t because of me,” McCain said. “They did it themselves.” Read the rest of this entry ?