McCain: Stimulus is 'generational theft'

[babylonsister]

http://thehill.com/leading-the-news/mccain-stimulus-is-generational-theft-2009-02-08.html

McCain: Stimulus is 'generational theft'
By Kevin Bogardus
Posted: 02/08/09 01:38 PM


President Barack Obama’s Republican rival for the White House last year hardened his opposition to the administration’s planned economic recovery package Sunday.

“I think this can only be described as generational theft. What we are doing is amassing multi-trillions of dollars,” said Sen. John McCain (R-Ariz.), speaking on CBS’s “Face The Nation” with Bob Schieffer.

Schieffer pressed McCain on whether he would support the bill considering economists from across the political spectrum have recommended a large stimulus package to rejuvenate the economy. But the Arizona senator said he could not, seeing the legislation not necessarily as a stimulus for the economy but rather as a vehicle for spending programs and policy prescriptions long desired by Democrats.

“Well, I can't, Bob. And I can't because I think it's the greatest transfer of not only spending but authority and responsibility to government,” McCain said. “I think it's a massive — it's much larger than any measure that was taken during the Great Depression. I think it has policy changes in it which are fundamentally bad for America.”

snip//

“In interest of full disclosure, that's the way the Bush administration, when we Republicans were in charge — that's the way we did business. But I thought we were going to have change. And that change meant we work together,” McCain said. “This is a setback. This is a setback for all Americans, in my view, because we promised, all of us, that we would work in a more bipartisan, inclusive fashion.”

[The_Casual_Observer]

1. The fat head shakes his fist at the clouds.

[leftstreet]

2. transfer of...'authority and responsibility to government'

Oh, you mean to us, the people?

Is that what you're afraid of John?

[BlooInBloo]

3. No, what those old white men in suits did for the last 8 years was generational theft.

[saigon68]

9. It was "WAR CRIMES" too this guy is a poster child for

DEMENTIA

Not only is he an empty suit, it hard to explain that the hospital

mixed him up with the Placenta and sent it home to be raised

[saigon68]

10. It was "WAR CRIMES" too this guy is a poster child for

DEMENTIA

Not only is he an empty suit, it hard to explain that the hospital

mixed him up with the Placenta and sent it home to be raised

[EmperorHasNoClothes]

4. And what was Iraq then?

Fuck McCain - he lost.

[alsame]

5. I wonder who he thinks is going to pay for the Bush wars. eom

[Cha]

6. Gee, we could have gotten that

master of blowhard for our prez.

[marmar]

7. It's time for Uncle John to retire to Scottsdale before he becomes even more incoherent.....

n/t

[peacefreak]

8. Hey old man

GET OFF MY LAWN!

[Still Sensible]

11. Once we get out of this mess, his point may have some

merit. But given the debt he and his Bush administration whores have created from two wars and record deficits, at this point he should shut the fuck up and get out of the way.

[Yavapai]

12. I retired in Arizona and all I got was two incredibly stupid senators!!!

We had a pretty good Governor, but your OBAMA, Stole her away... :cry:

[WHEN CRABS ROAR]

13. The theft has already happened the last 8 years under Bush.

[muntrv]

14. The Iraq War is generational theft. The Bush Crime Family is generational theft.

[jimshoes]

15. I think what he means is that there will be slightly

less inheritance for his heirs if the government starts funding programs that give ordinary Americans a tiny slice of the pie. I know you want it all John, but fuck that, we're taking a piece, a big piece.

[JFN1]

16. And what the fuck is TARP?

A generational gift?

[SoCalDem]

17. The BUSH FAMILY is "Generational Theft"

1981-1989

Bush #1 "ran" the show when St. Ronnie, the Oblivious was president...

result...

low taxes for the rich, lost deductions for the middles, sky-high rise of FICA (which gave them a HUGE slush fund to play with for 35 years into the future), deficits as far as the eye could see, union busting institutionalized

..............................................

Bush 1

fine-tuning of "Reagan" policies, war in Iraq (clever boondoggle to gin up spending), S&L debacle:

From 1986 to 1989, FSLIC closed or otherwise resolved 296 institutions with total assets of $125 billion. An even more traumatic period followed, with the creation of the Resolution Trust Corporation in 1989 and that agency’s resolution by mid-1995 of an additional 747 thrifts....from wikipedia

....................................................

*²

too many to list, and we all know the litany by heart:(

[Vickers]

18. Where was this fiscal concern during the Idiot George years?

:eyes:

[RedCappedBandit]

19. Now that dems are in power, they want to work together

LOL

By "work together" of course what they really mean is they want us to do what they say.

[graywarrior]

20. You lost because no one likes you, John!