1. The Other Meltdown.
- Author
-
Brownstein, Ronald
- Subjects
- *
FINANCIAL bailouts - Abstract
The author comments on the rejection of the bailout plan by the U.S. House. He blames the failure of the initiative to House Republicans who voted against it despite pleas from President George W. Bush and Senator John McCain. He predicts that it would be difficult for McCain to mobilize House Republicans to support his agenda when he is elected president. He adds that the outburst of House Speaker Nancy Pelosi against Bush denotes that the interests of Senator Barack Obama as president will not be the same with his party's leaders.
- Published
- 2008