Crash and burn

That takes care of settling the bailout bill, now it’s on to the debate.

The Old Guy says “I’m putting my campaign on hold and postponing the debate so I can show some leadership in resolving the bailout.”  So, the Screwup-in-Chief schedules a high level meeting at the White House to showcase the Old Guy and his management skills.  A bunch of politicians show up for the photo op and the bailout crashes and burns.  Nice move.

What a mess.  As more than one pundit has already told us, inserting presidential politics into a process that is best served by taking the usual route to legislation has resulted in a non-solution and the movement of the doomsday clock forward by a few ticks.

Now we have about a hundred House Republicans revolting against a Republican president.  And Democrats are expected to pull their asses out of the fire.  Well, tell you what.  Let ’em stew.  If the Republicans want to hold out and refuse to address the problem that was amplified by their lack of regulation and oversight, so be it.

John McCain, instead of being a uniter, turned into a spoiler.  He came to the White House, sat mostly silent and watched the agreement burn.  If he merely stayed in Mississippi, we probably would have had an agreement and he could have gone on with the debate.  Instead, he looks like a jerk.  Earlier in the week he said he wasn’t sure if he supported the Paulson plan.  Said he hadn’t had a chance to read it.  Not being a speed reader probably accounts for why he didn’t have time to read all of three pages…and also explains why he can’t do more than one thing at a time.

Now he’s not even telling whether he likes any version of a bailout plan.  No sense committing when you’re not sure which way the wind is blowing.  Some maverick.

And the Snow Queen, ever ready to help, had these incisive words about the bailout to offer to Katie Couric

 ” . . . where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the healthcare reform that is needed to help shore up our economy. Um, helping, oh — it’s got to be all about job creation too. Shoring up our economy, and putting it back on the right track. So healthcare reform and reducing taxes and reining in spending has got to accompany tax reductions, and tax relief for Americans, and trade, we’ve got to see trade as opportunity, not as a competitive, um, scary thing, but 1 in 5 jobs being created in the trade sector today. We’ve got to look at that as more opportunity. All of those things under the umbrella of job creation. This bailout is a part of that.”

Now why didn’t she attend the White House meeting?

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