UPDATED: McCain, Obama Not Saying How They'll Vote on Bailout Bill
(CBS)
(INDEPENDENCE, MO.) – "If you can't convince them, confuse them," was Harry Truman's famous quote on the art of negotiation, and it seems apt that John McCain spoke at the Truman Presidential Library here today about the bailout bill that will be voted on in the Senate tonight without actually saying whether he will vote for the plan or not.
"The original proposal was flawed. I urged additions of taxpayer protections, stronger oversight, limitations on executive compensation and more protections for people's bank accounts, for families in America, for working Americans. I am pleased that these are being added to improve the original bill, but it's not perfect," McCain said. "It took Congress a while, and there were costs to these delays. But they have awakened to the danger."
UPDATE 1:15pm ET:McCain adviser Mark Salter confirms to CBS News that McCain will vote Yes on the bill tonight.
UPDATE 1:35pm ET:Obama spokeswoman Linda Douglass confirms to CBS News that Obama will vote Yes on the bill tonight.
Barack Obama has been no better. "I'll be flying back to Washington today to cast my vote to safeguard the American economy," he said at a rally in La Crosse, Wisconsin, without actually saying what that vote would be. "To the Democrats and Republicans who have opposed this plan, I say – step up to the plate and do what's right for the country, because the time to act is now."
Neither one sounds particularly convincing, just confusing.
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Big business and the Washington elite are trying to scare the taxpayers into going along with this rip off!
Unfortunately, the greedy, corrupted, criminal and blood sucking financial SOBs will get bailed out. And note that we do not get any guaranteed return on our money. We need Warren Buffet not Hank Paulson former CEO of Goldman Sachs in charge of the bill! Well the bill will pass, why? Just note yesterdays 777 drop in the Dow and the 5 percent drops in the NASDAQ and S&P 500. Be sure that this was created by the same people with their hands out. They are telling us give us what we want or we will wipe out your pension plans, 401-Ks and IRAs. They are scaring the Congress and the Senate into action! Note that no one in DC has the guts to go against them! BTW - notice all the business men and Senators and Congress now coming forward saying they are now getting many more calls in favor of the bailout then against. Bunch of BS..!
Contact banking Comm. Charman Chris Dodd and your Senators and let them know what you think!
Here are links........
http://banking.senate.gov/public/index.cfmFuseAction=Contact.Form
www.senate.gov
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Neither of them wants the headline to read "____ gave speeches on the crisis for 2 days, then voted no."
Same day, all the automakers say they have lost thousands of sales because all banks won''t loan money.
Friday headline news, 120,000 jobs lost in the last month. Any politician still want to say we aren''t in a crisis?