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TPM’s Eric Kleefeld summed it up well: “And in the end, joking about your base being Birthers who should turn off Glenn Beck gets you 29% of the vote.”

View all comments (3) |

Rob Davis| 6.23.10 @ 7:31PM

Just to clarify, it seems that many people are confused about TARP. Perhaps that includes Mr. McCain.

See this from Matt Continetti at the Weekly Standard.
"The TARP is not the stimulus. The TARP was an emergency measure to inject confidence into the financial system. It seems to have done its job, and the government is recouping some of the money it spent to bail out the big banks. (Problems remain with GM, Chrysler, AIG, and Fannie and Freddie.) The stimulus, however, was meant to spur aggregate demand, and thus employment, through government spending. It failed."

Tripp| 6.24.10 @ 3:56AM

The problem isn't TARP itself or the temporary revival it gave our credit system- it's moral hazard.

Kitty| 6.24.10 @ 6:26AM

He was defeated because he's a RINO, which he successfully proved by
1) voting with Dems for TARP
2) voting with Dems to reprimand Wilson
3) his work on the issue of climate change (no doubt with Dems, as well).

He's a RINO. Period. End of conversation.
.

More Blog Posts by W. James Antle, III

http://spectator.org/blog/2010/06/23/one-more-note-about-bailout-bo

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