One of the problems with our government is that it is reactionary. But if you are running for a reactionary office, you cannot be this deliberate in a crisis. This is fodder for McCain’s judgement argument.
“Given the gravity of this situation, and based on conversations I have had with both Secretary Paulson and Chairman Bernanke, I have asked my economic team to refrain from presenting a more detailed blue-print of how an immediate plan might be structured until the Treasury and the Federal Reserve have had an opportunity to present their proposal.” – Obama
In the 527