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After thinking about the last 2 weeks, I decided to make a timeline of John McCain, Man of Action, regarding the financial crisis.
September 15, 2008
John McCain: The fundamentals of the economy are strong
Stock market drops 500 points
Sept 16, 2008
McCain: We're hurting, and the fundamentals of the economy are - our workers. So if you criticize my comments about the fundamentals of the economy being strong, your insulting the American workers.
Mccain: We shouldn't bail out AIG
September 17, 2008
McCain: Bailing out AIG was a good idea.
September 18, 2008
McCain: I'd fire SEC chief Cox. Turns out the President doesn't have that authority.
September 20, 2008
Secretary of the Treasury Paulson submits his plan. It is 3 pages long, and asks for no oversight into the Treasury for the bailout.
September 22, 2008
Senate Banking hearing with Paulson about the bailout bill.
September 23, 2008
Mccain: I haven't read the Paulson plan.
McCain: We need a better regulatory system.
September 24, 2008
McCain suspends campaign - 8 days after "the fundamentals of the economy are strong" statement, 4 days after Paulson submits his plan.
McCain says he won't campaign until the issue is "resolved".
McCain cancels David Letterman show to "go to Washington and work on the bailout"
But he's meeting with Katie Couric instead. Letterman catches him doing it.
September 25, 2008
Mccain speaks at the Clinton global initiative.
Evening: McCain finally makes it to the white house for the meetings. According to some, he didn't say much.
This is what McCain and the House Republicans submitted - cut capital gains, less regulation of Wall Street market transactions.
September 26, 2008
McCain agrees to go to debate after all. Bailout bill negotiations still going on, unresolved.
September 27, 2008
McCain monitors bailout hearings from his office.
September 28, 2008
While senators and congressmen worked, McCain was at a 4 star restaurant.
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