What is McCain's Role in the House Republicans Decision to Repudiate the Administration's Bill????

What the @#%^& is going on?  Paulson apparently begged that Congress move forward with the plan as negotiated.  House republicans balked and offered a new proposal from the ether.  Reports are that McCain had been briefed on the House republicans intentions beforehand.  McCain has yet to state his support for the agreement, what gives?  Clearly, Bush has no sway.  McCain holds little if any influence over the Ryan/Pence faction.  Is the House faction willing to undermine the McCain campaign, Bush's "legacy" and thrust the US economy into a deep, deep morass.  At the moment it appears so.
The body politic wants to see Wall Street and its "masters of the universe" go down in flames.  Rest assured, the if the idiocy evidenced by the House republicans persists for even a short time longer,that will happen.  However, be assured that unintended consequences will indeed also occur.  The repercussions of this foolhardy politicking will strike directly and profoundly at the heart of the US economy.  What a great victory for these clowns.