Reid: McCain interfering with progress on bailout

[babylonsister]

Reid: McCain interfering with progress on bailout
By J. Taylor Rushing
Posted: 09/25/08 01:30 PM


Senate Democratic leaders accused John McCain on Thursday of interfering with progress on a Wall Street bailout, saying the Republican presidential candidate is parachuting into the debate at the last minute.

Majority Leader Harry Reid (D-Nev.) said McCain has played an insignificant role on banking issues and is now trying to capitalize on the situation when it is nearly concluded — a point echoed by other Democratic leaders.

Sen. McCain (R-Ariz.) announced Wednesday he is suspending his presidential campaign to help with the last stage of negotiations on a $700 billion plan to stabilize the U.S. financial markets. But Democrats have quickly pointed out that McCain serves on neither the Senate Banking nor Finance committees and is now distracting key negotiators by bringing his presidential campaign into an already complex political process.

“If we lose progress on this because of one person, that’s John McCain,” Reid said. “He’s standing in the way.”

At the same time, Reid downplayed McCain’s past contributions, noting that he is “one of 100” and has offered more than one position this week on the financial plan.

“He’s had trouble making up his mind, so if John McCain is opposed to this, that’s too bad,” Reid said. “I think he’s standing in the way of our efforts at approving this legislation now.”

more...

http://thehill.com/leading-the-news/reid-mccain-interfering-with-progress-on-bailout-2008-09-25.html

[Thrill]

1. They need to be on the Talk Shows saying this

[Realityhack]

7. I guess unlike McCain they actualy have a job to do... But yes I agree

This needs to be pointed out prominently.

[1corona4u]

18. Barney Frank was just on CNBC saying the same thing....

that one of the republicans had no complaints with the proposed plan for the bailout, until AFTER he met with mccain. He also cautioned that this is not a done deal.

[Marrah_G]

2. Wooooo- Get 'em Harry!

Seems like our guys are on a roll this week.

The McCain campaign is imploding and even the news media are starting to cover the obvious.

[habitual]

3. k+r n/t

[annabanana]

4. This must be what Barney Frank was talking about...n/t

[babylonsister]

6. I'm sure. Frank seems to be the House mouth for the Dems;

I don't quite understand why Pelosi doesn't want to get involved. And Reid's been good the past couple of days.

[msallied]

23. Frank is the head of the House financial committee, isn't he?

This is his game.

[babylonsister]

26. I'm just drawing the correlation between Reid and Pelosi.

I don't think Reid is on the Senate finance committee, but that's not stopping him.

http://www.senate.gov/general/committee_membership/committee_memberships_SSFI.htm

Members: Members:
Baucus, Max (MT) , Chairman
Rockefeller, John D. (WV)
Conrad, Kent (ND)
Bingaman, Jeff (NM)
Kerry, John F. (MA)
Lincoln, Blanche L. (AR)
Wyden, Ron (OR)
Schumer, Charles E. (NY)
Stabenow, Debbie (MI)
Cantwell, Maria (WA)
Salazar, Ken (CO)

[msallied]

30. Well, Reid is nothing if not an outspoken, gnarly old dude. Pelosi is a tepid moron.

Just my angle on the subject. Nothing factual here. Well, except for the Pelosi thing. lol

[Eric J in MN]

5. if John McCain is opposed to this, that’s too bad,” Reid said.

If John McCain is against this and Obama votes for it, then McCain can use it as a big campaign issue.

It will be too bad for Democrats and the world.

[TooBigaTent]

14. Exactly. If the Dems aid & abet this theft from "we the people" - election day will not be good.

[Virginia Dare]

21. McCain was just saying yesterday a deal had to be reached by Friday..

does he want a deal or not?

[msallied]

22. No, he doesn't want a deal. That way he has a way out of the debates.

[Virginia Dare]

32. COUNTRY FIRST111!!!!...N/T

[blondeatlast]

8. I'm beginning to think this hasn't been McCain's best week. Give 'em hell, Harry!

YES!

[FatDave]

9. It's almost as if...

...McCain doesn't want this to be resolved by friday?

[SeeHopeWin]

10. Bingo!!! I just posted on this....

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=7183897&mesg_id=7183897

[my2sense]

11. Good thing they are calling him out on his BS

[liberal N proud]

12. That is one great way to kill the McCain plan of taking credit

[curse10]

13. McCain got his Depends in a twist over not being needed or wanted

and now he'll try to scuttle the whole thing. I hope this sinks his campaign as quickly as he's managed to sink this deal.

[madaboutharry]

15. I wish Barney Frank would just

stand on the steps of the Senate building and say: "This guy is an asshole!"

That would be great. :)

[alcibiades_mystery]

29. I don't think that moment is far off

:rofl:

[City Lights]

16. The Mavrick becomes The Obstructionist.

Get out of the way, John!

[central scrutinizer]

17. finally doing something useful

whatever slows down and hopefully stops this massive give away is good in my book. There is immense public anger about these bailouts and it does us no good to get a proposal that will give all of the vulnerable Repugs political cover. If any bill is proposed, then unless every single member of the House and Senate signs on as a co-sponsor and votes in favor, there should be nothing done until after the election. A lot of us are going to get some October surprises when we open our monthly or quarterly 401K, IRA, whatever statements in a couple of weeks. We need that anger directed at those responsible - Bush, McCain, Gramm, all of the de-regulatory ideologues. If anything is passed that even remotely smells like a bailout, that anger will be directed at the Democrats.

[nc4bo]

19. Too bad all of this isn't televised. Seriously. nt

[Shardik]

20. Of course he wants to obstruct an agreement.

He doesn't want to debate a Harvard magna cum laude with a Doctorate who speaks concisely and can think on his feet.

[depakid]

25. A JD is not really a doctorate....

More like a masters' degree.

[Lance_Boyle]

33. Juris Doctor not a doctorate?

http://en.wikipedia.org/wiki/Professional_doctorate#Professional_doctorates

[Maven]

34. No, it's more like a doctorate.

[depakid]

41. Calling it a juris doctor doesn't it make it like a PhD

They're different beasts entirely. A JD is a professional degree, not unlike an MPH.

[Maven]

43. Sorry, you're incorrect.

A JD is a doctorate, not a master's degree. The requirements are different, the length and rigor of study are different, the standards are different.

A JD is a professional degree, but it is a doctorate. A PhD is a different type of degree, granted, but they are both doctorate-level degrees.

The evidence for this fact is that you need a JD to be a law professor, not a PhD. You can't teach graduate level courses full-time at most accredited schools with a master's degree in anything.

[depakid]

44. Let me put it this way- can an attorney use the title of respect "Dr."

No, he or she cannot- because despite the appellation Juris Doctor- it's recognized that that's not what it is!

Neither here nor in commonwealth nations (where as I mentioned- you may or may not get a JD- an LLB is essentially the same deal, in terms of what you can do with it professionally).

Interestingly- advanced degrees in law have gained in popularity in the states (and not for the usual specialty reasons like tax or international law- but because, among other reasons, it was understood that a JD is only "worth" so much on the academic level).

[Maven]

46. That's a matter of convention.

Yet again, let me restate: a JD and a PhD are both doctorate-level degrees. In fact, you cannot be a law professor without a JD, even if you have a PhD. Why? Because a JD is the equivalent doctorate-level degree in the field of law. Just a PhD in English is useless to teach biology, there is only one doctorate level degree qualifying one to teach law at the graduate level: JURIS DOCTOR. Advanced degrees in law (like the J.S.) are exceedingly rare, and pretty much irrelevant on a practical basis since most professors at top-tier law schools are juris doctors.

[Jersey Devil]

37. A JD certainly is a doctorate

Juris Doctor to be exact.

Years ago when one wanted to become a lawyer usually no undergraduate education was required or sought and thus the degree conferred after law school was a LLB, or Bachelor of Laws. This was changed sometime in the 1960s when undergraduate admission to law schools was uniformly required and in recognition of the fact that a law school degree takes 3 years beyond an undergraduate degree.

[depakid]

42. In other English common law nations, it's not a graduate degree- although it can be

you start the course of study right after secondary school.

[dee15644]

24. Good!

Good I hope it does fall through! but if McCain gets blamed it will probably help him in the polls

[Overseas]

27. Let the Republicans vote first. Get them all on the record first. /n

[nycmjkfan]

28. WOW

Reid finally put on his big boy pants today

[AzDar]

31. Kickety!

:kick:

[Phx_Dem]

35. Give 'em hell, Harry!! n/t

[mzmolly]

36. What if the public is opposed?

Oh goodie, let's give McCain an opportunity to distance himself from Bush and the bailout! :eyes:

[mzmolly]

38. Note the term "bailout?"

This is how Americans will view any package I fear? Bailing out wallstreet....

[pleah]

39. Yes, apparently it has ground to a halt.

[Madam Mossfern]

40. I'm watching now

and boy does Dodd look pissed!

[spanone]

45. senator chris dodd said the bu$h* meeting was 2 hours of political theater....mcbu$h*