That’s Right Nate

Thoughts from a right thinker.

McCain Gets Tough on Himself Over Economy

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John McCain hasn’t been afraid to run a maverick campaign this year taking on his own party when he felt it was in the wrong.  Today, tensions escalated even higher when McCain took on himself.  These two have a longstanding grudge and this campaign has only seemed to exacerbate things.

Things reached a boiling point when Senator McCain called on the Federal Reserve to get out of the business of bail outs. “The Federal Reserve should get back to its core business of responsibly managing our money supply and inflation,” the Arizona senator told a group of business leaders in Wisconsin, an electoral battleground state.

McCain went on to decry this corporate welfare which he feels is not only unnecessary, but damaging to the economy.    This has never been the business of the Federal Reserve nor should it be.

This statement evidently rankled McCain who said of the AIG bailouts, “There are literally millions of people whose retirement, whose investment, whose insurance were at risk here. They were going to have their lives destroyed because of the greed and excess and corruption.”  In supporting the bailouts, McCain saw them as the only way to keep the problems of Wall Street from doing serious harm to Main Street.

I have no problem with McCain taking himself on, but I want to remind McCain that he has a long history of service to this country and as a POW I would hope that McCain can avoid using personal attacks against himself.  This Fall I hope the voters will be given a clear choice to pick the McCain they want based on which set of his principles they most support.  This is change that we can believe in unless of course we decide that change is not one of those principles we support.

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Written by thatsrightnate

September 19, 2008 at 6:26 pm

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