McCain Lobs Sharpest Attack At Obama Since Campaign (VIDEO)

From The Politico:

Sen. John McCain took his most direct shot at Barack Obama since the presidential campaign on Friday morning, using a Senate floor speech to criticize the president for mocking the Republican concerns over the massive economic stimulus package...

"The whole point, Mr. President, is to enact tax cuts and spending measures that truly stimulate the economy," McCain said. "There are billions and tens of billions of dollars in this bill which will have no effect within three, four, five, or more years, or ever. Or ever."

Watch the video below of the campaign-like exchange:

Comments

[Venise Alstergren]

Whilst acknowledging that the incumbent Party can only be as good as its opposition I, nevertheless, find John McCain's strident criticisms of President Obama's stimulus package to be slightly obscene. Was it not, thanks to the Great Republican Presidency of George W Bush, under which America's infinitely corrupt financial system knackered the share market and the economy, which allowed the collapse in the first place?
Not only did George W. Bush allow the current World Depression to be kicked off by America; he encouraged the crooked bankers and captains of industry to proliferate, and, to add insult to injury, he exited office without appearing to notice he had done anything wrong to begin with. What is a major war here or there? What is a financial collapse here or there? Let them eat cake! And bugger the rest of the world.
Someone tell me please: Are there no Republicans under the age of forty who could lead the opposition? Because the John McCains of this world are weary, dreary, intellectual misfits devoid of idealism who oppose everything automatically, without accepting that it was their fault to begin with.

[swan1]

If only he had done the 10 townhall meetings..­..........­. LOL

[jemiltd]

More noise in the media headlights. I have wondered if McCain was in charge what would be happening, besides the lack of the reality show mentality that is becoming a part of the media mix. Would he just have us in more wars, since that is the usual mythical method of creating economic balance (has that ever worked?) I am still asking the question: wasn't the original stimulus plan developed by the best economists in the country? If that is the case isn't the formula for economic stimulus similar to baking a cake recipe; if you change the ingredients significantly the cake won't come out as planned? Congress?.­..media?..­.hey, is this mike working?

[ICU1225]

McCain learn economics quickly, did he take some kind of speed reading course? or what is that new language program being advertised?

[hliberty7]

HELLO, the economy is cyclical because it is built on credit. Persons can only get so far into debt and they have to STOP SPENDING to get their debt down. This seems to happen all at the same time for the lower and middle class because when they are spending, they are also making due to all the spending. When the spending starts to slow, everything else has to slow with it. A recession would be the best thing to have to ensure another 25 years of prosperity because idiots would figure out life isnt just about having the latest and greatest gadget and the American dream isn't owning a house and bling, but FREEDOM and LIBERTY!!!! After the IDIOTS learn this lesson, they will no longer desire debt and learn to save for a rainy day (that is if they can fight off the drone of media whippings they receive every time they turn on the idiot box or get online telling them they are inferior without this and NEED that). THEN when the economy starts to recover it will be on real value and lasting wealth, not paper, smoke, and mirrors (like the porkulus bill).

[rhondadavis28]

you lost mccain

American's forget their own history.

During the Panic of 1893, the Trickle Down theory was called the "Horse and
Sparrow theory. As this theory was explained "If the Horse eats enough oats,
they eventually will pass through to the Sparrow." Personally, I think this
is a much more fitting name and description of Reagan's Trickle Down
Economics.

After the Reagan tax cuts and ensuing recession, Reagan began raising taxes.
However, the person's paying the taxes were not the wealthy, but instead were
the middle and working classes.

Tax cuts to the wealthy do not trickle down. Instead of using the tax cuts to
create new employment, those whom are holding the Nation's wealth use this
money for speculation. This leads to bubble economies. The Dot.Com and
Housing bubbles are perhaps two examples that most of us remember quite well.

Eventually all bubbles deflate.

What also occurs is that there is far more wealth created on paper than there
is currency to back up - there is far more paper wealth than the GNP can
support.

[hliberty7]

Still crying about trickle down and wealthy not paying taxes? First of all, trickle down is natural and unstoppable----if I have all the money, how are you gonna get it from me unless I allow you? Pretty simple eh? Like lets say we tax the rich more, they see it coming, raise the prices of their goods, and pass your "revenge" taxes right back to you while you think "we got them". Makes you look pretty stupid huh? Tell me, have you ever heard many "Riches to Rags" stories? I bet there are not many. AAANNNDDD if there are, I bet poor people didnt get the money the rich person lost! What do you wanna bet? Second, the top 10% of wage earners in this country pay 70% of all income tax revenue received ------top 50% pay 97%----leaving the lower 50% of wage earners paying a whopping 2.99% of all income taxes collected http://www.ntu.org/main/page.php?PageID=6 SOOOOOO you want fair? make a flat tax so all pay the same, otherwise, it is unfair in your favor as it is!

[ICU1225]

If you have all the money and I don't have any money to buy the products, who will stimulate the economy? Will the rich then sale their products to other countries to stimulate their economy?, while still paying lower taxes. "Riches to Rags" stories, I'm beginning to hear a few, its call the Maddoff program.

[Tom Joad]

It's time for the Two Minute H8. Orwell was way ahead of his time.

[MrAlreadyInUse]

Unlike irresponsible rabble-rousering TV and talk shows, McCain does not knee-jerk react against people-inf­rastructue programs, such as school lunches. People-inf­rastructur­e is as important as roads and bridges in our physical infrastructure.

McCain is correct that speed at which money gets into the economy is important. Every month there is more unemployment and business failures every. But--McCain is wrong in favoring tax-cuts because people will take the money and pay off bills. People will not go back to the old bubble spending economy. Not in my lifetime. The $200 billion tax-cut did not work a couple of months ago, a bigger one now won't help,

Please read what George Soros said in April. The Republicans and Democrats are going to live with the fact that some big banks are insolvent and not even the whole U.S. economy can rescue them.

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/04/soros_and_schwarzman_speak.html

[MyGuyO]

Am afraid that we are going to see a lot more of Senator McCain now that he has lost this past election. After all, McCain ran for past 8 years, has lost twice now. He said he is ready to go back to work for the American people, and his great state of AZ. Ha, give me a break. We Arizonians don't know who this man is. We only hear when he visits his ranch in Sedona. Remember this is the man who depises pork spending. And we also are seeing Senator Kyle more these days (McCain his biggest supporter) due the fact Kyle is planning a 2012 Prez run. Forget his support of Gov. Palin if she runs in 2012. Yes, Senator McCain, we know what your are doing!

[JeanPaulSatire]

Does Mc Ancient know that not only did he lose the presidential election, but the Rethuglicans lost significant ground in the Senate, too? Does he further fail to grasp that one of the biggest issues in the campaign was the economy and the voters resoundingly rejected the old, tried-and-failed policies that the Rethuglicans were still offering?

Someone needs to heck the Mc Ancient (and the rest of the Rethuglicans, for that matter) to see if his/their reality and ours actually intersect at any point.

[hliberty7]

You could be our next president, you just typed a lot and said nothing. OOOHHH, you ARE mighty clever with the "Rethuglican" thingy, wow!

[JeanPaulSatire]

I suppose my point WAS too subtle for a ditto-head to grasp. Imagine the degree of my 'bumitude' over your not understanding my post, cupcake.

You should ask an adult with more than a room temperature IQ to explain it to you.

[Aaron Johnson]

Like the rest of the GOP this unimaginative lout is a living corpse!

[hilary916]

Obama = 1; McCain = 0.

You will never beat our President, Mr. McCain.

[stevebest]

I thought he lost. Who is letting this guy talk? I guess he's still a senator but really this is the one senator Who's economic plan Was pee'd on by the american people, and now he's bring that pee-ridden garbage, really i dont know i can put this more clearly Sit down and take a nap old man.

[Ddms]

Poor Loser McCain has become a nasty, spiteful old man with a chip on his shoulder. How... dishonorable.

[macohmz]

Obama would have better luck if he were dealing Greens, Independents and Libertarians than this old haggard bunch.