McCain Family Bailout: Deja Vu All Over Again?

By: Great Blue
Published On: 9/6/2008 2:09:22 PM

"As always, I'm indebted to my wife, Cindy, and my seven children. The pleasures of family life can seem like a brief holiday from the crowded calendar of our nation's business."

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These are tough times for many of you. You're worried about keeping your job or finding a new one, and are struggling to put food on the table and stay in your home. All you ever asked of government is to stand on your side, not in your way. And that's just what I intend to do: stand on your side and fight for your future."

          --John Sidney McCain III, Sept 4, 2008

How's that for straight talk?  We sure can trust John McCain!  But can we trust Cindy and the kids?

As more banks fail, we suddenly find one that has a family connection to John McCain.  Seems his son, Andrew McCain, was on the board of Silver State Bank which the feds just took over.  He was also on the bank's audit committee.  Oops!  I guess when YOUR bank fails, you REALLY want the government to stand on your side, not in your way!

With a multi-billion dollar taxpayer bail-out of Freddie Mac and Fannie Mae just announced, can we afford any more of the Bush/McCain family business?

McCain's attachment to the Keating Five and the Savings and Loan bailout is well-documented.  Cindy McCain's beer distributor father had a role in Keating's business dealings, too. Why does that matter?  Because here we go again.

The S & L bailout by the George H.W. Bush administration (with our current president's brother Neil a high-profile player) conservatively --pun intended-- cost taxpayers half a trillion dollars.

The Bushes have had twelve years to fail in business administration and have federal taxpayers bail them out.  Now the McCain family wants to tap -- yes, pun intended again -- into the White House family failure money machine.  Let's just say "thanks but no thanks" to that bridge to nowhere.  Those aren't the kind of "family values" we can support.

Cross-posted at www.vagreatblueheron.wordpress.com


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