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Mac Blames Bailout on Obama, Who Returns Fire

Posted Sep 29, 08 6:39 PM CDT in Politics,  Business 

(Newser) – John McCain blamed Barack Obama and the Democrats for injecting partisan rancor into a House vote that killed the $700 bailout plan today, Reuters reports. They "infused unnecessary partisanship into the process," McCain said in Iowa. A McCain advisor went further, saying Obama had "failed to lead, phoned it in" during negotiations. Obama's camp called the statement "hyper-partisan."

"This is a moment of national crisis, and today's inaction in Congress as well as the angry and hyper-partisan statement released by the McCain campaign are exactly why the American people are disgusted with Washington," an Obama spokesman said. Stumping in Colorado, Obama called for both sides to agree on "an emergency rescue package that can at least stop the immediate problems."
Source: Reuters

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Democratic presidential candidate Sen. Barack Obama D-Ill., speaks at a rally at Mountain Range High School in Westminster, Colo. Monday, Sept. 29, 2008.   (AP Photo/Alex Brandon)
Republican presidential candidate, Sen. John McCain, R-Ariz., makes a statement in West Des Moines, Iowa on Monday, Sept. 29, 2008 on the failure of the bailout bill to pass the U.S. House.   (AP Photo/Gerald Herbert)
Republican presidential candidate, Sen. John McCain, R-Ariz., makes a statement in West Des Moines, Iowa on Monday, Sept. 29, 2008 on the failure of the financial bill to pass the U.S. House.   (AP Photo/Pool, Rodney White)
Republican presidential candidate, Sen. John McCain, R-Ariz., makes a statement in West Des Moines, Iowa on Monday, Sept. 29, 2008 on the failure of the financial bill to pass the U.S. House.   (AP Photo/Pool, Rodney White)
Democratic presidential candidate Sen. Barack Obama D-Ill., speaks to a person in the crowd as he enters a rally at Mountain Range High School in Westminster, Colo., Monday, Sept. 29, 2008.   (AP Photo/Alex Brandon)
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Election 2008 • Financial Crisis • bailout • credit crisis • Obama 2008 • McCain 2008


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