Congress? McWorse thinks that we don't need no stinkin' Congress, we need the decider to fix this. I'm not shitting. That's what he told a business round table in Des Moines, Iowa today:
DES MOINES, Iowa - With Congress stalled on a bailout plan, Republican nominee John McCain urged President Bush on Tuesday to direct the Treasury Department to use powers already on the books to increase insurance of bank deposits and buy troubled mortgages. [...]He is a stupider version of Smirky Von Chimpface.....on steroids. Scary.
He argued that the Treasury Department has already used a special fund to back money market accounts, and he urged that its use be broadened.
"I encourage it to use this fund as creatively as possible to provide backstops for accounts across our financial system to maintain confidence on the part of savers and investors," said McCain.
In addition, McCain said a housing bill approved in Congress gives Treasury the authority to purchase up to $1 trillion in mortgages, and the agency should do so.
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