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Bailout Standoff Brings Out Worst in Both Candidates

Posted Sep 25, 08 2:31 PM CDT in Business Opinion Politics 

(Newser) – The financial crisis is turning the presidential campaign into a “Goldilocks story," Gail Collins writes in the New York Times. McCain, “desperately reinventing his position every day,” has halted his campaign to focus on Wall Street, while Obama has coolly mentioned he may skip out on the rescue bill vote. Yet, so far, their solutions are “both vaguely similar and similarly vague."

Both candidates are headed to the White House to help the president hammer out a rescue bill he pitched last night, in a manner not unlike “public-service messages about new parking regulations.” Passing it will be a “test of true bipartisanship,” Collins says, but that won’t happen until every member of Congress “has had a chance to yell at Henry Paulson.”
Source: New York Times

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McCain may not show up to tomorrow's debate so he can focus on the economic crisis.   (AP Photo/Jason DeCrow)
The billboard for a London newspaper is seen in London today. Bush is meeting with lawmakers to iron out a rescue bill.   (AP Photo)
Obama has "an overly casual way to avert economic catastrophe," Collins writes.   (AP Photo/Chris Carlson)
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Bush has arrived at that unhappy point in American public life when a famous person begins to look like a celebrity impersonator. - Gail Collins

Bush’s explanation about how the rescue bill would unclog the lines of credit made the whole thing sound less important than a Liquid-Plumr commercial. - Gail Collins

Palin was unable to answer questions about McCain’s record and relief for homeowners with troubled mortgages. But she did reveal forthrightly that she considers her running mate a “maverick.” - Gail Collins

This election is turning into a Goldilocks story. One candidate’s too hot, and one’s too cool. - Gail Collins

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