Thursday, September 25, 2008

Eyeball to Eyeball

After reaching a bailout deal, the Republican's tanked it.

House Republicans say that Senate leaders spoke too soon when they said a deal had been reached on a Wall Street bailout package.

In addition, a key Republican lawmaker stated that Sen. John McCain (R-Ariz.) wants to explore new ideas, like loaning money to financial institutions or insuring the companies, rather than buying their toxic debt.

Earlier Thursday, senators and House Financial Services Committee Chairman Barney Frank (D-Mass.) said they had a tentative agreement, though they’re still negotiating a bankruptcy provision. They said the deal was ready to be taken to the Bush administration.

It seems especially odd to me that McCain suddenly has a to discuss new stuff. Was any of this somehow less pertinent yesterday, when it wouldn't have been used to sink any deal.

McCain appear to be trying to disorder the debates, perhaps preempting the VP debate, which will doubtless be a disaster for the Republicans. McCain said he "suspended" his campaign... except that
he has been doing nothing that would indicate that he is suspending his campaign (Jeffrey Toobin pointed this out).

What should Obama do? Before, I was all ready to break out the rubber chicken, but I think there's a better idea: say he will debate Bob Barr if McCain refuses to show up. McCain will blink.

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