Drama King to the Rescue
By Eugene Robinson
Washington Post
Friday, September 26, 2008
John McCain is rapidly making his temperament an inescapable issue in the presidential campaign. Does the nation really want so much drama in the White House?
McCain's performance in recent days has been, to put it charitably, erratic. In an attempt to show leadership on the financial crisis, he has called Americans into ranks -- long after hostilities began. Meanwhile, back in much-reviled Washington, the generals with cooler heads and a clearer picture of the battlefield are doing their jobs, minus all the histrionics.
Thus far, an objective observer would have to say that Congress has behaved well in the days since Treasury Secretary Henry Paulson delivered a three-page ransom note that said, and I paraphrase, "Give me $700 billion, or I'd hate to see anything bad happen to that nice economy of yours."
Our elected representatives took seriously the urgency of the crisis. They did not fall into partisan bickering. A rough consensus began to emerge: It is important to act expeditiously but not to panic. It is unwise to give this administration -- or any administration -- a blank check with absolutely no oversight, as Paulson had sought. Paulson, the White House or somebody should explain why this plan will work and why some other plan wouldn't work better. And the corporate executives who put their companies at risk and then turn to the government for a bailout should not be rewarded with multimillion-dollar compensation packages subsidized by the taxpayers.
Negotiations between a Democratic Congress and a Republican administration on these and other points seemed to be proceeding at lightning speed, given the usual pace of such things in Washington. But then, for reasons known only to himself, in charged McCain to rescue the unimperiled. Said Rep. Barney Frank (D-Mass.), who has been the lead negotiator for the Democratic majority in the House: "Now that we are on the verge of making a deal, John McCain airdrops himself in to help us make a deal."
(Continued here.)
Washington Post
Friday, September 26, 2008
John McCain is rapidly making his temperament an inescapable issue in the presidential campaign. Does the nation really want so much drama in the White House?
McCain's performance in recent days has been, to put it charitably, erratic. In an attempt to show leadership on the financial crisis, he has called Americans into ranks -- long after hostilities began. Meanwhile, back in much-reviled Washington, the generals with cooler heads and a clearer picture of the battlefield are doing their jobs, minus all the histrionics.
Thus far, an objective observer would have to say that Congress has behaved well in the days since Treasury Secretary Henry Paulson delivered a three-page ransom note that said, and I paraphrase, "Give me $700 billion, or I'd hate to see anything bad happen to that nice economy of yours."
Our elected representatives took seriously the urgency of the crisis. They did not fall into partisan bickering. A rough consensus began to emerge: It is important to act expeditiously but not to panic. It is unwise to give this administration -- or any administration -- a blank check with absolutely no oversight, as Paulson had sought. Paulson, the White House or somebody should explain why this plan will work and why some other plan wouldn't work better. And the corporate executives who put their companies at risk and then turn to the government for a bailout should not be rewarded with multimillion-dollar compensation packages subsidized by the taxpayers.
Negotiations between a Democratic Congress and a Republican administration on these and other points seemed to be proceeding at lightning speed, given the usual pace of such things in Washington. But then, for reasons known only to himself, in charged McCain to rescue the unimperiled. Said Rep. Barney Frank (D-Mass.), who has been the lead negotiator for the Democratic majority in the House: "Now that we are on the verge of making a deal, John McCain airdrops himself in to help us make a deal."
(Continued here.)
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