Well, et tu, McNasty: He's now leading the charge against Obama's stimulus plan in the Senate. He went on CBS today and explained why:
Schieffer: You have emerged as the main opponent of the President's economic recovery plan. ... But I want to ask you, now that you have made your point, do you intend to support this plan, because I think economists on all sides of this say something has got to be done here.
McCain: Well, I can't, Bob. And I can't because I think it's the greatest transfer of not only spending but authority and responsibility to government. I think it's massive, it's much larger than any measure that was taken during the Great Depression. I think it has policy changes in it which are fundamentally bad for America. For instance, there are 'Buy America' provisions -- that's protectionism. It didn't work at any time in our history.
But most of all, because I think this can only be described as generational theft. What we are doing is amassing multi-trillions of dollars -- if you look at what's going to be announced Monday or Tuesday, a new TARP -- we've already spent $700 billion, another how many have you trillion --
Shieffer: This is aid to the banks --
McCain: Yes. Then we're going to have a supplemental to pay for the war. We're going to have what we call a continuing resolution -- another $400 billion.
We're going to have already a $1.2 trillion deficit by estimates and it's just begun. We're going to amass the largest debt in the history of this country by any measurement and we're going to ask our kids and grandkids to pay for it.
So I thought we needed -- I know we're in trouble, I know America needs a stimulus, we need tax cuts, we need to spend money on infrastructure and on other programs that will put people immediately to work. But this is not it.
4 comments:
McCain has lost so much after the election. He lost his friends, respect, his mine, his money and next he'll lose his Senate Seat. John is just an angry man and he's taking it out on the taxpayers and voters of Arizona. Notice he wasn't at the Super Bowl. After lying to the Arizona Team and Pat Tillman's Family no one wants to speak to him.
Yeah, he's got sooo much respect for military and their families...I can't wait until temper tantrum John boy loses that seat either. His last 'bully pulpit' Don't forget "the wife", Jackie...the trash mags claim she's got a bf. Who could blame her? (Only with that $$, I'd have Johnboy removed to the curb)lol
I heard the senile McCain complain that generations to come willhave to pay for this, imbecile did not vote down this war that generations to come will have to pay for, where was this imbecile during the W years when they were incurring debt for generations to come, get that man a place at the bingo table where he belongs
Thank God McSenile did not become President. All the angry old man cares about is war and the profits from it. Run, Cindy, run.
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