Presidential nominee decries congressional rejection of bailout bill
Paul Joseph Watson
Wednesday, October 1, 2008
During an interview with the Des Moines Register editorial board yesterday, John McCain – presumably making an attempt at humor – said with a completely straight face that he aspired to be a dictator, while decrying the Congressional rejection of the bailout bill.
“I just want to make a comment about the obvious issue and that is the failure of Congress to act yesterday. Its just not acceptable,” said McCain. “This is just a not acceptable situation. Iâ€™m not saying this is the perfect answer. If I were dictator, which I always aspire to be, I would write it a little bit differently.”
McCain has urged the Bush administration to bypass the will of Congress and invoke executive orders to pass the bailout bill, along with a further $1 trillion dollar spend on buying up bad mortgage debt.
McCain’s senior economic advisor Douglas Holtz-Eakin has also called on the executive branch to ignore Congress and force through the bailout legislation, which was voted down on Monday.
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Another senior economic advisor to McCain, Phil Gramm, vice chairman of UBS’s US division and a lobbyist for UBS, successfully pushed for foreign banks to be included in the bailout plan after they were initially excluded.
The fact that McCain said he yearned to be a dictator without so much as cracking a smile makes the comment all the more disturbing especially in comparison to similar sentiments expressed at least three times by George W. Bush.
Bush infamously said, “If this were a dictatorship, it would be a heck of a lot easier, just so long as I’m the dictator,” during a December 2000 speech.
He also remarked, “A dictatorship would be a heck of a lot easier, there’s no question about it,” in a July 2001 Business Week interview.
When Bush was Governor of Texas in 1998 he stated, “You don’t get everything you want. A dictatorship would be a lot easier.”
Watch the McCain clip below.
This article was posted: Wednesday, October 1, 2008 at 10:03 am