JUMP! you fuckers

McCorpse takes credit for Bailout bill before it loses

McCain takes credit for bill before it loses
By: Mike Allen
September 29, 2008 05:34 PM EST

Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition – hours before the vote failed and stocks tanked.

Shortly before the vote, McCain had bragged about his involvement and mocked Sen. Barack Obama for staying on the sidelines.

“I've never been afraid of stepping in to solve problems for the American people, and I'm not going to stop now,” McCain told a rally in Columbus, Ohio. “Sen. Obama took a very different approach to the crisis our country faced. At first he didn't want to get involved. Then he was monitoring the situation.”
McCain, grinning, flashed a sarcastic thumbs up.

“That's not leadership. That's watching from the sidelines,” he added to cheers and applause.

Doug Holtz-Eakin, McCain's senior policy adviser, told reporters on a conference call that McCain "dedicated the past week" to addressing the problem but made "a conscious decision not to attract attention to John McCain."

via Politico

Fuck these evil people: Recording of SIFMA Treasury conference call with analysts

Download mp3 of the Treasury conference call with analysts

and via torrent

via Naked Capitalism

Mussolini-Style Corporatism in Action: Treasury Conference Call on Bailout Bill to Analysts (Updated)

Various readers wrote us, and it was confirmed by a detailed report on the call at DealBreaker, that the Treasury Department held a conference call this evening for analysts on the bailout bill. A memo was evidently sent to SIFMA members; others may have been contacted by other means. But the report I got from one person who was on the call was the the questions came from financial services industry members. In other words, this was most assuredly not intended to be a call open to the public at large. If anyone from the media or other member of the great unwashed was listening in, it was by accident.

This is simply scandalous. To have a group of interested parties get a privileged briefing by government officials on a matter of keen public interest flies in the face of what a democracy is supposed to be about. The proper method would either be a published FAQ on the Treasury website or a briefing with the media included. But why should I be surprised? Favoritism has been a staple of the Bush Administration.