McCain Surprise Sabotages Bail Out

John McCain:
Pretty pleased with himself tonite.








Since early yesterday, we been told that a "fundamental agreement" had been reached on the big bail out bill. That is sooo yesterday. That was before John McCain rode into DC and, this time with his House GOP henchmen at his side, tossed a surprise bail out bomb on America. McCain did this just before the bi-partisan Congressional bail out confab with President Bush. (musta delighted our panicked Preznit). The very meeting Johnny planned as his big photo op.

Think Progress has the deets. Senate Banking Committee Chairman Chris Dodd (D) describes the drama:

All of a sudden there was some new core agreement floating around, which no one had heard of before, until we sort of got to the White House...

...we’re told it came out of the Republican House. We were even told at one point that this was, maybe, John McCain was floating the idea. That Hank Paulson was considering it. And of course Barney Frank and I, along with Republicans from the House and the Senate, of course, had spent three hours this morning working on a different core. We were told for the last seven days this was the core issue that would give the secretary the authority to move, to deal with the crisis.

As Johnny has confessed to know jack-all about economics, it's a sure bet that this "new core agreement" was whipped up by key McCain advisors. A CBS News report that this new plan features more, not less, deregulation seems to confirms my theory.

Obviously, the plan his top lobbyists advisors, didn’t pass the sniff test.

This could be a win-win-win-win-win-win move by Johnny.

McCain gets to say:

1. “As promised, I rushed to America’s rescue.”“The reckless Obama-led Dems want America to continue suffering."
2. “Instead of debating tomorrow, I’m crawling into the corner w/my blankie & my top lobbyists advisors.”
3. “Delay my debate & we hafta delay the VP debate too.” Johnny wants this baaad.
   
4. This one's huge: the McCain camp gets the chance to craft a brand new "core agreement" in which any “compromises” will still be incredibly advantageous to McCain’s Wall St. donors.
   
5. There will be less time and greater pressure on the "do nothing" Dems to make new McCain plan law.

Gee, I thought John McCain was desperate before when he sold his soul to the evangelical nuts the first time. Then crazy Johnny went all drastic pushing himself deeper in bed with these Jesus freaks going so far as to let them pick his running mate. But this shit takes the cake.

Will the media and the voters fall for it?

Stay tuned...

-AF
*Update: McCain sabotage central@HuffPo.
**Update: The Atlantic's Marc Ambinder sez:

Republicans like John Boehner brought up the concerns of House GOPers and McCain acknowledged hearing about their concerns. McCain, and staffers, did seek to gauge the level of support of the GOP working group's white paper. The Democrats were left with the impression that McCain endorsed the GOP efforts, but they concede that he did not raise them directly.

Smartly, McCain's well insulated on this one.
***Update: That completely contradicts Ambinder's report one hour earlier:

During the White House meeting, it appears that Sen. John McCain had an agenda. He brought up alternative proposals, surprising and angering Democrats. He did not, according to someone briefed on the meeting, provide specifics.

Armbinder needs to get his stories straight.
(HT:TPM)