Wednesday, September 24, 2008


WE'VE MOVED! Democratic Convention Watch is now at

George Stephanopolous contends that if John McCain does not support the bail out bill, than it will die.

[I]t's not a free vote for him, Charlie. Everything I've heard today backs up (others are reporting) that if (McCain), that he goes no, this package would likely fail, and then he would bare the consequences for that. That is a huge political gamble. Which is why the administration is betting that, in the end, McCain will be for this package. But McCain's aides say he has not made up his mind, and one (aide) told me that McCain is determined to, quote, "be the champion of the little guy here."
The implications of this are huge as well as fascinating, if George is correct.

Think of the permutations of McCain's decision on the Fed plan itself, as well as the Democratic oversight provisions. If McCain votes with the Dems for oversight, and against the full $700 billion dollar package, what does that do to his base?

If he votes for the package, and against oversight, what does that do to any Main Street appeal he has?

If he votes for the $150 billion compromise the Democrats are floating, what does that do to the people funding and running his campaign?

You get the idea -- use the comments. While I have questions, I have no answers, and am looking forward to reading yours.