McCain Staying In Washington

McCain staying in Washington, as he should:

To address our current financial crisis, John McCain suspended his campaign and returned to Washington, D.C., today to help build a bipartisan consensus for a proposal that would protect the American taxpayer.

Despite today’s news reports, there never existed a “deal,” but merely a proposal offered by a small, select group of Members of Congress. As of right now, there exists only a series of principles, including greater oversight and measures to address CEO pay. However, these principles do not enjoy a consensus in Congress.

At today’s cabinet meeting, John McCain did not attack any proposal or endorse any plan. John McCain simply urged that for any proposal to enjoy the confidence of the American people, stressing that all sides would have to cooperate and build a bipartisan consensus for a solution that protects taxpayers.

However, the Democrats allowed Senator Obama to run their side of the meeting. That did not work as the meeting quickly devolved into a contentious shouting match that did not seek to craft a bipartisan solution.

At this moment, the plan that has been put forth by the Administration does not enjoy the confidence of the American people as it will not protect that taxpayers and will sacrifice Main Street in favor of Wall Street.

The bottom line is that as of tonight, there are not enough Republican or Democrat votes for the current plan. However, we are still optimistic that a bipartisan solution will be found. Republicans and Democrats want a deal that will protect the taxpayers.

Tomorrow, John McCain will return to Capitol Hill where he will work with all sides to build a bipartisan solution that protects taxpayers and keeps Americans in their homes.

Some are trying to blame McCain for the deal not going through which is hogwash. Pelosi has already stated she would not try to pass this thing unless a majority of Republicans are behind it:

Pelosi (D-Calif.) has effectively sent the message that if she is going to jump off a cliff to rescue Wall Street, she wants House Minority Leader John Boehner (R-Ohio) and George W. Bush holding her hands when she leaps.

Pelosi made this scenario clear at a lengthy closed-door meeting of House Democrats on Tuesday. Many of those present said they took Pelosi’s message to mean that a “majority of the minority” needs to support the bill before she will bring it to the floor.

Which they clearly are not.

Then the Democrats excluded House Republicans from the discussions and gave Obama, of all people, a lead role at the meeting.

Doomed to fail from the beginning.

Btw, a good discussion on Hannity & Colmes tonight with Ann Coulter and Pat Caddell:

Curt

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