• My Tweats

    Error: Twitter did not respond. Please wait a few minutes and refresh this page.

  • Flickr Photos

…and the Bad News: Did the delay of USGOV’s TARP reversal cost McCain the Election? [On the Bailout, Part 26]

There is also bad news to go with the good news:

Treasury Secretary Henry Paulson said Wednesday that original plan to purchase distressed mortgage assets from Wall Street firms is not the best use of the $700 billion financial rescue package, and officials will now focus on direct capital injections into the struggling financial firms.

Me and other like minded people reacted angrily when the USGOV (Dems and Repubs) passed the Bailout aka TARP. I was really pissed off.

I wonder…how many fiscal conservatives chose not vote disgusted with both sides over the disgraceful bailout? Those votes would have mostly gone to McCain. That might have been enough.

This is reminiscent of Bush firing the SecDef after the election after he stating he wouldn’t…which cost the Repubs votes in 2006.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: