Friday, January 22, 2010

Paging John McCain

Quick question, though I'll confess to not yet looking at the fallout from the Supreme Court strike-down of McCain-Feingold in any depth: where does McCain stand on McCain-Feingold II?  Not to mention on Obama's proposed "Volcker rule," a lighter version of McCain's proposed Glass-Steagall II.

Historical accident would seem to have put McCain on the Dems' side of the ledger on two key fronts just as the Democrats have lost their 60-vote supermajority.

Will the worm in John McCain's soul turn once more and turn him left? I wouldn't bet on it. But still.

UPDATE 1/23: The WSJ has this reaction to Obama's bank reform proposals from McCain:
But in a political environment decidedly hostile to big banks, Democrats might need only a few Republican votes to enact a variant of what Mr. Obama called "the Volcker rule." Sen. John McCain, the Arizona Republican, said the White House appears to be moving closer to a proposal he is co-sponsoring that would reinstate restrictions on banks that were repealed in the late 1990s. "It seems to me that a number of the proposals [Mr. Obama] has move in that direction," Sen. McCain said, "but I haven't had a chance to examine the details."
Most recent post: Frank Rich wrote his column too early this week

2 comments:

  1. According to: http://www.politico.com/news/stories/0110/31810.html McCain said: “I am disappointed by the decision of the Supreme Court and the lifting of the limits on corporate and union contributions,”

    Ever since it became apparent he would lose to Obama, McCain has looked hollow. I don't think he cares about any of it any more.

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  2. Why do they need a few Republicans for this? Will everything be filibustered?

    ReplyDelete

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