McCain Urges Treasury to Act Without Legislation on Bailout
Republican Presidential candidate John McCain “Speaking on morning television, the Arizonan urges the Treasury Department to address the economic crisis on its own by buying $1 trillion in mortgages and tapping its exchange stabilization fund. Also backs raising the FDIC insurance cap to $250,000.”
So, in other words, Congress failed to pass an unconstitutional bill. So, the Republican candidate for President wants the Executive Department to act anyways; he wants them to do something that they have no authority to do. So much for the Constitution. And this is who “Conservatives” want for President? I chose Door # 3; Chuck Baldwin for President!