"What has been done in the last 12 hours by liberals in Congress and their media allies is outrageous and disgraceful.
- Speaker Nancy Pelosi and Senator Harry Reid demanded that conservatives in the House vote for a deal that reflected none of the conservative free market ideas! If the deal is so good, why don’t Reid and Pelosi line up their members and pass it – they are the majority party in control of Congress. They don’t need GOP votes. But they want the GOP to be complicit if the idea fails.
- The same Harry Reid that demanded earlier this week that Senator John McCain get involved in the proceedings, today is demanding that McCain drop out of the negotiations. Why? Because Senator McCain supported the House Republicans yesterday at the White House and insisted on safeguards for taxpayers and transparency. Senator McCain has a well-documented history of opposing big government and pork barreling efforts that waste taxpayer money, and he isn’t about to change now. Thank you, Senator McCain!
- Big Media has been universally blaming Sen. McCain for the breakdown in the negotiations. That is ludicrous on its face. Senator McCain has one vote in the Senate, just like Senator Obama. In fact, at the White House meeting, it was Senator Obama who spoke for the Democrats and appeared to be more interested in scoring cheap political debating points than in finding a solution. Leaks from the meeting suggest that Obama would not stop talking, and the more he pushed his socialist ideas, the more the deal fell apart.
- Big Media continues to ignore the role of liberal Democrat policies in causing this mess – from overspending to pressuring banks to give loans to segments of the population that couldn’t repay them. They protected the scandalous activity at Fannie Mae and Freddie Mac that went on for years and voted down every effort by the GOP to clean up that mess. (Here’s a great explanation of their culpability in today’s New York Post.)
What now? Congress and the White House are back to negotiations and will stay in session tomorrow. Tonight’s presidential debate will reportedly take place as scheduled, but I strongly suspect there will be more discussion of economic policy than foreign policy as originally planned.
In the meantime, the financial meltdown continues. Pelosi, Frank, Reid and their Big Media allies are hoping they can use this mess to kill Sen. McCain’s chances in November and give us REAL socialism in January 2009.
Ultimately, that is up to you. You will decide who wins this debate and who decides the future course of our country in just 39 days when you go to the polls on November 4th. We will do everything we can to promote free markets, lower taxes and less government."
Gary Bauer
Campaign for Working Families
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