McCain ‘blew up’ the bailout package?

MCCAIN ‘BLEW UP’ THE BAILOUT PACKAGE?…. It’s hard to imagine the McCain campaign’s response to the financial crisis being any less coherent, but today, they found a way.

On a campaign conference call this afternoon, Rick Davis, McCain’s campaign manager, said McCain deliberately “blew up” the original bailout package in order to keep ACORN from receiving federal funding. Davis told reporters:

“[I]n the middle of the greatest disaster in our financial system that we’d had in our lifetime that the Democrats in the United States Senate would actually link payments to ACORN in the bailout package that they promoted prior to Sen. McCain coming to town and actually blowing that package up.

“So we can actually say that in addition to saving taxpayers millions of dollars, and we’re very happy that no more taxpayer dollars were added to the pile of money going to ACORN. Uh, by their own admission because, by the Democrats’ own admission because John McCain came to town and blew that package up. Thank goodness.”

Hold on a second. The initial bailout/rescue package failed. McCain supported it. In fact, the morning it failed, McCain took credit for its passage. After it failed, the McCain campaign said this was a discouraging development, and blamed Obama.

McCain’s campaign manager now believes the failure of the bill was a positive development, and that McCain deserves credit for its failure.

And what about the new-found interest in ACORN? McCain’s never expressed an interest in the group before, but since the far-right is hysterical about the group lately, the Republican campaign has discovered its fascination with the voter-registration organization.

Is there any merit to the conservative complaints? Not really. Josh Marshall has a good item about ACORN, but to make a long story short, the right doesn’t understand the difference between registration fraud and voter fraud.

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Steve Benen

Steve Benen is a producer at MSNBC's The Rachel Maddow Show. He was the principal contributor to the Washington Monthly's Political Animal blog from August 2008 until January 2012.