Great catch by Dean who was watching Fox and Friends this morning, when John McCain said the following:

I also strongly recommended that we use the exchange stability fund that the Treasury has available – $250 billion – to shore up these institutions. Also, the Treasury has at its disposal about $1 trillion that they could begin without Congressional authority buying up some of these terrible mortgages and help stabilize the situation.
...
I talked to the President.  We have to act, even though we failed yesterday...

Think about what John McCain is saying here.  The fact that Congress refused to pass this bill, the Treasury department should still spend a trillion dollars and buy up these loans now, without Congressional authority.  Frankly, I'd like to know under what current statutes that would be permissible.

This is not Democracy.  Having the executive branch act unilaterally without legislative approval is imperialism.  He is saying that since the legislature did not pass the President's bill, the President should do whatever he wants anyway, as if the bill had passed.  I wonder what other actions John McCain would take without Congressional approval.

The audacity of that man boggles my mind.  You know... there were fleeting moments in the last month where I actually thought I might hold my nose and vote for him.  This one does it.  There is no way in hell I'd vote for him now.

Watch the interview for yourself if you'd like.