The Analytic Atavar

Idiosyncratic Musings of a Retrograde Technophile

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Location: Chandler, Arizona, United States

Friday, December 19, 2008

Hey 'John Boy', Just Fade Away


McCain against the bailout, Ben Smith, December 19, 2008.

I regret the President’s decision to give away over $17 billion to the domestic automakers. Just last week, the Senate rejected a bailout plan because it failed to provide assurances that the domestic manufacturers would fundamentally change the way they do business to ensure their long-term viability. I find it unacceptable that we would leave the American taxpayer with a tab of tens of billions of dollars while failing to receive any serious concessions from the industry.
Johnnie Boy 'Maverick' McVain, I find it unacceptable that we would leave the American taxpayer with a tab of hundreds of billions of dollars ($850B, in point of fact), while failing to receive any serious concessions or oversight from the banking industry. You rushed back to Washington to save Henry Paulson's banking buddies without any controls, but now object to a $17B loan, which is Federal chump-change, on the order of our foreign aid budget (Not that I support this bailout, only that it is insignificant). I get it now — you were against puny earmarks and pork-barrel spending, but first in line, suspending your campaign and rushing back to Washington, when it comes to mega-handouts. God am I sorry I held my nose (to quote your Mother) and voted for you ! I only hope the voters of Arizona have the wisdom to put you out to pasture in 2010, so you can retire to the late-night network shows.

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