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TARP/Multiple Bailout-Supporting McCain to Vote Against Bernanke
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Hard for me to suppress a snort. But here it is: John McCain — who supported the $700 billion TARP bailout, the $25 billion auto bailout, a $300 billion mortgage bailout, and the first $85 billion AIG bailout — has grandiosely announced that he will oppose Federal Reserve Chairman Ben Bernanke’s second term:

“Our country is still facing an economic crisis and while I appreciate the service that Chairman Bernanke has performed as Federal Reserve Chairman, I believe that he must be held accountable for many of the decisions that contributed to our financial meltdown.

“Therefore, I plan to oppose Chairman Ben Bernanke’s confirmation for a new term as Federal Reserve Chairman.”

So, how does McCain hold his own economic advisers accountable for their wrong-headed policy decisions that enabled the incompetent boobs who contributed to our financial meltdown?

He backs their Senate campaigns, of course!

***

McCain’s faux populist maneuvering can be explained in 10 letters: J.D. Hayworth.

(Republished from MichelleMalkin.com by permission of author or representative)
 
• Category: Ideology • Tags: Fiscal Stimulus, Subprime crisis 
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