Editore"s Note
Tilting at Windmills

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for Free News & Updates

September 25, 2008

LEGISLATIVE PASSIVITY.... Borrowing a page from Hilzoy's playbook, The Hill's Bob Cusack had an interesting idea -- check to see how many housing- and banking-related bills John McCain and Barack Obama have introduced over the last couple of years.

Apparently, it's a shutout.

Republican presidential nominee John McCain has not introduced any banking or housing bills in the 110th Congress, while Democratic rival Barack Obama has proposed five. [...]

McCain is the lead sponsor of 38 pieces of legislation during the 110th Congress, none of which have been referred to the Banking panel, according to a review of Thomas, a congressional website.

Obama has introduced 130 measures during this Congress. Five of Obama's standalone bills fall within the Banking Committee's jurisdiction.

Obama's legislation calls for bolstering housing assistance for veterans, amending the Securities and Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation, halting mortgage transactions that promote fraud, authorizing local and state governments to crack down on companies that invest in Iran's energy sector and authorizing a pilot program to prevent at-risk veterans from becoming homeless.

McCain has said repeatedly of late that he's been warning about a looming crisis. If so, why hasn't he offered any legislative remedies on housing or banking?

Steve Benen 1:40 PM Permalink | Trackbacks | Comments (19)

Bookmark and Share
 
Comments

Mavericks don't pass legislation, they schmooze media people.

Posted by: Carl Nyberg on September 25, 2008 at 1:43 PM | PERMALINK

Oh, how I do love a fill-in-the-blank opportunity!

McCain has said repeatedly of late---

---a whole bunch of stuff, all of which are bald-faced lies....

Posted by: Steve on September 25, 2008 at 1:46 PM | PERMALINK

McCain has said repeatedly of late that he's been warning about a looming crisis.

I'm trying to remember how those warnings were phrased. Was it that the fundamentals of the economy were strong? Or that the recession was a psychological one? A little help here, please!

Posted by: chrenson on September 25, 2008 at 1:48 PM | PERMALINK

Man, as soon as the plan has passed, it's time for ad after flip-flop ad of McCain's tourette-syndrome policymaking, maybe with the Jeopardy theme in the background ...
.

Posted by: Grand Moff Texan on September 25, 2008 at 1:50 PM | PERMALINK

We need to forward this to VP Sara - Oh- that's right Katie Couric asked her about McCain's votes not Obamas!!!

Posted by: Dorothy on September 25, 2008 at 1:51 PM | PERMALINK

Quit whining!

Posted by: Dennis - SGMM on September 25, 2008 at 1:52 PM | PERMALINK

Well, at least now we know the spin. Some repub "strategist" was just on MSNBC with Andrea Mitchell and said that yesterday the probability of the deal going through was stalling. Today John McCain arrives in DC and voila! it looks like a compromise has been reached! Huzzah! Notice that all it took was John McCain "arriving" in DC to put the fear of god into all those peons. I can't wait to see what his "arrival" in Iraq will do when he's president. Jesus Christ! I can't imagine what the cretins are like that swallow this crap.

Posted by: Lori on September 25, 2008 at 1:53 PM | PERMALINK

Tucker Bounds is now telling Andrea Mitchell on MSNBC that McCain's leadership yesterday has essentially saved the day and turned everything around.

Unbelievable.

Posted by: on September 25, 2008 at 1:57 PM | PERMALINK

Excellent, Lori! Then the debate be on!

Debate question numero uno: Senator McCain, what exactly was your role in getting the bailout bill passed? And why didn't you act sooner?

Follow up question: Will the legacy of the bailout bill be your legacy as well?

Posted by: chrenson on September 25, 2008 at 2:00 PM | PERMALINK

Same question as always : Why are people named Tucker such dicks?

Posted by: John R on September 25, 2008 at 2:00 PM | PERMALINK

McCain still doesn't have his name on a single Banking Commitee bill though, does he?

Posted by: amy on September 25, 2008 at 2:01 PM | PERMALINK

Same question as always : Why are people named Tucker such dicks?

Because they have to go through life with a name that rhymes with... ?

Posted by: Dennis - SGMM on September 25, 2008 at 2:03 PM | PERMALINK

Same question as always : Why are people named Tucker such dicks?

Because they have to go through life with a name that rhymes with... ?

"Chicken fucker." [please see earlier post]

Posted by: chrenson on September 25, 2008 at 2:05 PM | PERMALINK

Bernacke and Greenspan spent years telling everyone that the "fundamentals of the US economy are strong." That's were Shrub and McSame get it from. Now, overnight were supposed to beleived that a financialy crisis just sucker punched our fundamentally sound economy. It's just like their failed trickle down theory. None of the Trillions of dollars gifted and grafted to corporations has trickled down, why should we believe that a disasters visited upon the heads of huge super wealthy banks will trickle down. I say we let the market make its correction.

Posted by: Winkandanod on September 25, 2008 at 2:06 PM | PERMALINK

McCain has said repeatedly of late that he's been warning about a looming crisis. If so, why hasn't he offered any legislative remedies on housing or banking?

Because....because...because...shut up that's why!

Posted by: Stefan on September 25, 2008 at 2:29 PM | PERMALINK

I thought he was busy "oversighting" the entire economy. Oh, wait, that would make him too responsible for the crisis at hand... sorry... nevermind

Posted by: short fuse on September 25, 2008 at 3:00 PM | PERMALINK

If so, why hasn't he offered any legislative remedies on housing or banking?

Because he didn't have the help of Sarah Palin, renowned expert on the economy and famous moose field dresser until just a few weeks ago.

Posted by: tomeck on September 25, 2008 at 3:02 PM | PERMALINK

I'm just so upset Obama had to take stupid time out to fly to D.C. today and do the photo-op-- which in turn cuts sorely into his debate prep time.

Posted by: on September 25, 2008 at 3:12 PM | PERMALINK

He hasn't dealt with the issue because he's been campaigning. Now he's stopped campaigning so that he can deal with the issue. Obviously, it is impossible for him to do both at the same time.

Posted by: ibid on September 25, 2008 at 3:44 PM | PERMALINK




 

 

Read Jonathan Rowe remembrance and articles
Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for Free News & Updates

Advertise in WM



buy from Amazon and
support the Monthly