“No Wall Street executives should profit from taxpayer dollars … The senior leaders of any firm that is bailed out should not be making more than the highest paid government official.”
–McCain before TARP passed
“We were all misled. We were all misled. I mean, he said that they were going after the toxic assets. The toxic asset– for– is– were with the housing market. He testified– that. I mean, we were all misled. So, what did he do then? They started pumpin’ money into the financial institutions. Now, the financial institutions are fine. Wall Street’s doin’ great. Main Street is in deep trouble.”
–McCain now
McCain knew what TARP was going to do before he voted on it, but now he insists he didn’t know it was going to be money headed to the banks to keep them solvent. He’s either becoming senile or he’s lying in order to pander to his base.