McCain to Wall Street: Drop Dead?

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$700B in taxpayer funds divided by 300 million Americans equals $400k for each American, give or take. Each American household could receive up to $400k in debt relief which would provide more support for the fundamentals of the economy than a Wall Street bailout with money left over.
If $500 to a household as "economic stimulus" is a good idea, why not $400k in debt relief?

M. Jewell of MT 6:33PM September 29, 2008

Our parents came out of the Depression with good values and
hard work, commitment, loyalty, good faith ideals, and with
the help of a President who couldn't even stand without leaning
on his son and with his great wisdom and wisdom from his cabinet
we won a War with everybody pulling together.
We are going to have to go back to basics and reality.

Liz of GA 1:55PM September 28, 2008

Do the conservatives that support her really pay any attention to something as complicated as this economy?

nancy of ID 2:18PM September 26, 2008

McCain certainly recognizes the need for a bailout, but he is unwilling to put for one worth 700 billion. He will do well to strike a compromise both with his conservative base, while simultaneously moving the economy at least primitively in the right direction.
A centrist move in this aspect would garner some votes from independents and fiscally conservative liberals, nonetheless preserving his base.

of MA 12:41PM September 26, 2008

(1) Redrafting the Reform, Recovery, and Enforcement Act of 1989, which bailed out Lincoln Savings and the S&L crises during which McCain was part of the Keating Five 2) Apologizing for being involved with Phil Gramm and his deregulation bills Gramm-Leach-Bliley Act and Commodity Futures Modernization Act which contributed to this crisis (3) Doing a photo op to look like he is wasn't involved with Gramm and is sincerely trying to solve the problem (4) Avoiding debating Obama (5) All of the above

josephbbl of IL 11:34AM September 26, 2008

He's a gambler.... and this time he gambled bad. He shouldn't be infusing Presidential politics into this crisis which is up to the CURRENT PRESIDENT and CONGRESS!!!!!
What a dope.
And Rush and Newt have also become dopes!!!! What happened to them

nikduke of MA 10:01AM September 26, 2008

MY MY , What a Bunch of pusses, Typical Liberal Inbreds

PaRep of PA 10:00AM September 26, 2008

WHAT ARE THE DETAILS IN THE PLAN ? WHERE ARE THE 3 PAGES ?

Floyd Barrow of TN 7:41PM September 25, 2008

His call to halt the campaign (albeit temporary), rush to the floor (for what?), and ask to postpone the critical debate on Friday, all add up to another of his political stunts. Perhaps he just does not know how to debate on the economy, or more likely fears it. Maverick? I think not. Renegade? I'm sure of it.

Robert Anthony Silvestri of IL 7:23PM September 25, 2008

Hate to break it to you, but the wealthy folks in Manhattan and Connecticut AREN'T conservatives. Just look at the voting returns there, any precinct. The Mega-Rich have been breaking Democrat since at least Clinton.

Daddy Warbucks of CA 4:16PM September 25, 2008