Tuesday, March 2, 2010

John McCain: The King of Flip-Floppers (Or Just a Liar)


To recap: McCain 2010 says he was misled on the bailout because he was told that it was for the housing market, not financial institutions. McCain 2008 said the bailout was to "shore up" financial institutions, not the housing market, which he said would need support through separate measures.

Bottom-line: McCain 2008 knew exactly what the bailout was for and how it would be used. But now that it turns out to be unpopular, he's claiming that somebody lied to him about what it would be used for. Turns out, the opposite is true. The exact opposite. Link