http://centristnetblog.com/daily/rescue-not-bailout/ Dedicated To Providing Objective Information and Centrist Analysis of the American Political System. Fri, 18 May 2012 15:47:49 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://centristnetblog.com/daily/rescue-not-bailout/comment-page-1/#comment-20 WL, nyc Thu, 02 Oct 2008 14:27:28 +0000 http://centristnetblog.com/?p=139#comment-20 Good post. I think McCain can turn this into a major political advantage. The great untold story is that the origins of this entire scandal are traceable to the mortgage policies of the Clinton administration and numerous Dems (Dodd, Frank, Raines) had their hands in the cookie jar. As President, Bush has never been one to play partisan politics (unless of course he is campaigning for election) and in his mind, it would be unseemly to "dirty his hands" by getting involved in the political firestorms of the day. This is where McCain can take the lead and point the finger of blame where it truly belongs. Further, McCain tried numerous times during the past 5 years to regulate the mortgage industry, but was rebuffed every time by Barney Frank. Of course, in all fairness, Obama can use the events of the past couple of weeks to finally show his leadership. He has the cover to claim that mistakes were made by both parties and that we need to move forward in a new spirit of bipartisanship. On balance, though, this is really an opportunity for McCain to take a strong stance and fill the PR-void that Bush once again has left. He would emerge stronger for it. Good post. I think McCain can turn this into a major political advantage. The great untold story is that the origins of this entire scandal are traceable to the mortgage policies of the Clinton administration and numerous Dems (Dodd, Frank, Raines) had their hands in the cookie jar. As President, Bush has never been one to play partisan politics (unless of course he is campaigning for election) and in his mind, it would be unseemly to “dirty his hands” by getting involved in the political firestorms of the day. This is where McCain can take the lead and point the finger of blame where it truly belongs. Further, McCain tried numerous times during the past 5 years to regulate the mortgage industry, but was rebuffed every time by Barney Frank. Of course, in all fairness, Obama can use the events of the past couple of weeks to finally show his leadership. He has the cover to claim that mistakes were made by both parties and that we need to move forward in a new spirit of bipartisanship. On balance, though, this is really an opportunity for McCain to take a strong stance and fill the PR-void that Bush once again has left. He would emerge stronger for it.

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