Tested by Financial Crisis, Drama Queen McCain Fails

McCain’s leadership tested and failed.

If a show ever deserved to be canceled its the Drama Queen McCain Show. The show made its debut last week with that ridiculous charade where McCain was going to suspend his campaign to work in a purely bi-partisan manner to help with the bailout. Then he gets a free campaign ad courtesy Katie Couric, takes a nap and heads out to help American homeowners and banks faster then a bullet that never leaves the barrel… the next morning. Arriving in Washington he goes straight to work in a photo-op with George Deregulation Bush doing his remarkable impression of Superbailout Guy. It was a challenge. McCain had to convince the president and many members of his own party that they needed to do something to fix the mess they were responsible for while simultaneously making McCain look like the new improved populist Conservative. In McCain’s entire career he  has never displayed the ability to rally the Cons in the Senate, so not much of a surprise that even though our star Drama Queen was just around the corner at his condo he couldn’t bend many Republican arms in Congress. Aha, McDrama exclaims to himself, I’ll blame the lack of congressional Republican support for the bailout on Senator Obama. That McCain is one wily super star. The public will never figure out that Democratic Senators have next to no influence on the votes of Republican Congressmen. McCain issues a statement to the effect that what America has witnessed the last week was a mirage,

“From the minute John McCain suspended his campaign and arrived in Washington to address this crisis, he was attacked by the Democratic leadership: Senators Obama and Reid, Speaker Pelosi and others. Their partisan attacks were an effort to gain political advantage during a national economic crisis. By doing so, they put at risk the homes, livelihoods and savings of millions of American families.

“Barack Obama failed to lead, phoned it in, attacked John McCain, and refused to even say if he supported the final bill.

“Just before the vote, when the outcome was still in doubt, Speaker Pelosi gave a strongly worded partisan speech and poisoned the outcome.

“This bill failed because Barack Obama and the Democrats put politics ahead of country.”

The problem with the McCain drama queen show is it can’t decide if its a comedy, a tragedy or a mystery. Last week McCain swore he’d stay in Washington until a deal was worked out. The mystery? Where is McCain? He is in Iowa. You don’t have to be Sherlock Homes to figure out that Mccain is literally phoning it in after he put on his big play trying to convince America that he was leading the charge to a solution. That would certainly have been an historic moment had Senator Obama charged into the U.S. House of Representatives and taken over Nancy Pelosi’s job as Speaker of the House. If McCain thought that would have been legal and appropriate why didn’t he do it. McCain: Bailout ‘rescue,’ not bailout

John McCain, who “suspended” his campaign for a day last week and went to Washington to work on the federal bailout talks, insisted today that Congress will keep working until it gets the “rescue” right – suggesting they stop calling it a bailout.

“We haven’t convinced people that this is a rescue effort not just for Wall Street but for Main Street,” McCain said in an appearance on CNN’s American Morning. “All over America, people are going to lose credit… .We didn’t do a good enough job.”

Asked about his own influence – and the fact that the entire Arizona congressional delegation in the House voted against the $700-billion measure that collapsed in a 228-205 vote on Monday, McCain said: “If I think I can do some good, I’ll do it… I may fail the second time or the third time, but we’ll get the job done.”

Reminded that he had said last week that he would stay in Washington until a deal was reached, the senator, campaigning in Iowa this morning, was asked what he is doing this week.

“I will do whatever is necessary. I spoke to the president this morning,” ( Calling it in McCain)he said. “I recommended the Treasury’s exchange stability fund, which has $250 billion.”

McCain, like Democratic rival Barack Obama, also is calling for an increase in the insurance that the FDIC provides for the bank accounts of individuals – raising the coverage from $100,000, where it has stood for nearly three decades, to $250,000. This could be one sweetener that makes the rescue bill more palatable to Republicans protesting the measure does nothing for taxpayers.

Speaker Pelosi did do some partisan improvisation in her statement as compared to the text that was released, Did Pelosi’s ad lib doom the deal?

“… Democrats believe in a free market … but in this case, in its unbridled form as encouraged, supported by the Republicans — some in the Republican Party, not all — it has created not jobs, not capital, it has created chaos.”

Pelosi’s office says any claim that the speaker’s remarks caused GOP members to turn against the bill is “ridiculous.”

“The speaker has repeatedly stressed that we need to work in a bipartisan way on this,” said Pelosi spokesman Brendan Daly. “Even in her speech that they claim they didn’t like she says we have to work in a bipartisan way.”

Every single word true and like the saying goes the truth hurts little republican feelings. Republicans are claiming that was the deal breaker. You spoke truth to power Nancy Pelosi and we’ll teach you, Wall St and Main St not to be mean to us even if we are guilty as charged, Rep. Frank On GOP: ‘Because Somebody Hurt Their Feelings, They Decide To Punish The Country’

Here’s the story. There’s a terrible crisis affecting the American economy. We have come together on a bill to alleviate the crisis. And because somebody hurt their feelings, they decide to punish the country. I mean, I would not have imputed that degree of pettiness and hypersensitivity.

We also have — as the leader will tell you, who’s been working with them — don’t believe they had the votes, and I believe they’re covering up the embarrassment of not having the votes. But think about this. Somebody hurt my feelings, so I will punish the country. That’s hardly plausible. And there are 12 Republican members who were ready to stand up for the economic interest of America, but not if anybody insulted them.

I’ll make an offer. Give me those 12 people’s names and I will go talk uncharacteristically nicely to them and tell them what wonderful people they are and maybe they’ll now think about the country.

As long as we’re talking billions why not set a side a few million to get every elected Republican official in Washington some psychological counseling. Many Americans are looking at this drama and asking themselves exactly what day was it that the Democratic Speaker of the House became responsible for how Republican Congress critters vote.

Even the editorial page at the Wall Street Journal wonders about what Republicans were thinking,

House Republicans share the blame, and not only because they opposed the bill by about two-to-one, 133-65. Their immediate response was to say that many of their Members turned against the bill at the last minute because Ms. Pelosi gave her nasty speech. So they are saying that Republicans chose to oppose something they think is in the national interest merely because of a partisan slight. Thank heaven these guys weren’t at Valley Forge.