RSS Feed for This PostCurrent Article

Crisis Open Thread + McCain’s Speech Today [Update]

UPDATE: Bill Clinton spoke up today for John McCain’s decision yesterday in an appearance on ABC’s Good Morning America, reports ABC’s Political Radar.

Former President Bill Clinton defended Sen. John McCain’s request to delay the first presidential debate, saying McCain did it in "good faith" and pushed organizers to reserve time for economy talk during the debate if the Friday plans move forward.

Clinton also mentioned that McCain has tried repeatedly to get Obama to debate him earlier than this Friday, but Obama DUCKED every time. (Many pundits think Obama made a strategic political mistake in not taking up McCain on those town hall meetings.)

"You can put it off a few days the problem is it’s hard to reschedule those things," Clinton said, "I presume [McCain] did that in good faith since I know he wanted — I remember he asked for more debates to go all around the country and so I don’t think we ought to overly parse that.". … (Read all || Read blog reactions at Memeorandum.com.)

Original Post: This is an OPEN THREAD along with portions of the full text of John McCain’s speech today before the Clinton Global Initiative, after which he departed for Washington, D.C. First, I’m extracting a few key comments, and then I’m posting his full section on the financial crisis — in which he lays out five conditions, including no earmarks.

I’m an old Navy pilot, and I know when a crisis calls for all hands on deck. That’s the situation in Washington at this very hour, when the whole future of the American economy is in danger. I cannot carry on a campaign as though this dangerous situation had not occurred, or as though a solution were at hand, which it clearly is not.

If we do not act, credit will dry up, with grave consequences for workers and business across the American economy and beyond. People will no longer be able to buy homes and their life savings will be at stake. Businesses will not have enough money to pay their employees. …

The section of the speech on our financial crisis, in full (I’m not indenting it for ease of reading):

[...] I know you will understand if I begin by addressing a crisis of our own right here in America — a crisis that began not far from here in the financial district of this city.

We know this is a crisis with serious implications and consequences for our nation and others. History must not record that when our nation faced such a moment, its leadership was unable to put aside politics and to focus in a unified way to solve this problem.

It’s time for everyone to recall that the political process is not an end in itself, nor is it intended to serve those of us who are in the middle of it. In the Senate of the United States, our duty is to serve the people of this country, and we can serve them best now by putting politics aside and dealing in a focused, straightforward, bi-partisan way with the problem at hand.

For the Congress, this is one of those moments in history when poor decisions, made in haste, could turn a crisis into a far-reaching disaster. If we do not act, credit will dry up, with grave consequences for workers and business across the American economy and beyond. People will no longer be able to buy homes and their life savings will be at stake. Businesses will not have enough money to pay their employees. And, as ever, the greatest burden is borne by the American people. Seven hundred billion dollars is a staggering and unprecedented figure, and there should be no misunderstanding about the dimensions of this proposal. Seven hundred billion dollars, for example, could rebuild the crumbling infrastructure in every town, county, and state in this country. A great deal is being asked of the American people. And great care must be taken to ensure their protection.

I’m an old Navy pilot, and I know when a crisis calls for all hands on deck. That’s the situation in Washington at this very hour, when the whole future of the American economy is in danger. I cannot carry on a campaign as though this dangerous situation had not occurred, or as though a solution were at hand, which it clearly is not. As of this morning I suspended my political campaign. With so much on the line, for America and the world, the debate that matters most right now is taking place in the United States Capitol — and I intend to join it. Senator Obama is doing the same. America should be proud of the bipartisanship we are seeing.

It has become clear that no consensus has developed to support the Administration’s proposal to meet the crisis. I do not believe that the plan on the table will pass as it currently stands, and we are running out of time. So I am returning to Washington to seek five fundamental improvements to this critical legislation. I have laid out these principles over the past week:

First, there must be greater accountability included in the bill. I have suggested a bipartisan board to provide oversight for the rescue. We will not solve a problem caused by poor oversight with a plan that has no oversight. Never before in the history of our nation has so much power and money been concentrated in the hands of one person, and there must be protections and oversight in place.

Second, as a part of that oversight, there must be a path for taxpayers to recover the money that is put into this fund. When we’re talking about 700 billion taxpayer dollars, that money cannot simply go into a black hole of bad debt with no means of recovering any of the funds.

Third, there must be complete transparency in the review of this legislation and in the implementation of any legislation. This cannot be thrown together behind closed doors. The American people have the right to know which businesses will be helped, what that selection will be based on and how much that help will cost. All the details should all be made available online and elsewhere for open public scrutiny.

Fourth, it is completely unacceptable for any kind of earmarks to be included in this bill. It would be outrageous for legislators and lobbyists to pack this rescue plan with even more taxpayer money for favored companies. And frankly, members of Congress who would attempt such a thing are scarcely better than the most reckless operators on Wall Street.

Fifth and finally, no Wall Street executives should profit from taxpayer dollars. Let me put it this way: I would rather build a bridge to nowhere — and put it square in the middle of Sedona, Arizona — than take money from teachers and farmers and small business owners to line the pockets of the Wall Street crowd that got us here in the first place. And I can assure you: if I have anything to say about the matter, it’s not going to happen.

It is difficult to act both quickly and wisely, but that is what is required of us right now. Time is short, and doing nothing is not an option. I am confident that before the markets open on Monday we can achieve consensus on legislation that will stabilize our financial markets, protect taxpayers and homeowners, and earn the confidence of the American people.

I have seen Republicans and Democrats achieve great things together. When the stakes were high and it mattered most, I’ve seen them work together in common purpose, as we did in the weeks after September 11th. This kind of cooperation has made all the difference at crucial turns in our history. It has given us hope in difficult times. It has moved America forward, through all adversity. And now, in this crisis, we must work together again and put our country first.

All of this comes on top of other hardships that Americans have been dealing with, especially the rising cost of energy. And these, too — as you well understand at the Clinton Global Initiative — are problems that require us to call upon the best ideas of both parties.

For the future of our economy, nothing is more essential than a secure and affordable supply of energy. As you well know, people are hurting because the cost of gasoline is out of control. Small farmers, truckers, and taxi drivers in this city and elsewhere are unable to cover their costs. Small business owners are struggling to meet payroll. For American workers, the cost of living is rising and the value of paychecks falling. All of this, in large part, because the price of oil is too high, and the supply of oil too uncertain. These citizens believe their government has a duty to finally assure the energy security of this country, and they are right.

Every form of economic activity requires the use of energy. And that is why we need to draw on the best ideas of both parties on energy policy, and work together for the common good. Among our challenges is one that we hardly even understood back when America first learned to associate the word “energy” with “crisis.” We now know that fossil fuel emissions, by retaining heat within the atmosphere, threaten disastrous changes in climate. No challenge of energy is to be taken lightly, and least of all the need to avoid the consequences of global warming.

Over time, we must shift our entire energy economy toward a sustainable mix of new and cleaner power sources. This will include some we use already, such as wind, solar, biofuels, and other sources yet to be invented. It will include a variety of new automotive and fuel technologies, clean-burning coal and nuclear energy, and a new system of incentives, under a cap-and-trade policy, to put the power of the market on the side of environmental protection. To make the great turn away from carbon-emitting fuels, we will need all the inventive genius of which America is capable. We will need as well an economy strong enough to support our nation’s great shift toward clean energy.

Global warming presents a test of foresight, of political courage, and of the unselfish concern that one generation owes to the next. We need to think straight about the dangers ahead, and meet the problem with all the resources of human ingenuity at our disposal. We Americans like to say that there is no problem we can’t solve, however complicated, and no obstacle we cannot overcome if we meet it together. I believe this about our country. And now it is time for us to show those qualities once again.

As we deal with this challenge, we must also address the others that imperil our global security. Today too many around the world are excluded from the benefits of globalization. Disconnected from the prosperity that has lifted millions out of poverty, too many societies are plagued by violence, disease, and scarcity.

It need not be this way. And in places where scarcity can breed resentment, despair, and extremism — where problems cannot be contained by borders — it must not be this way. We can never guarantee our security through military means alone. True security requires a far broader approach, using non-military means to reduce threats before they gather strength. And this is especially true of our strategic interest in fighting disease and extreme poverty across the globe. …

Trackback URL

RSS Feed for This Post388 Comments »

Comment by Ana | 2008-09-25 09:22:53

Hey Everyone, check this video out and spread it. Lets get the truth out

http://www.youtube.com/watch?v=3QBRIsCkGQ0

Comment by SusanUnPC | 2008-09-25 09:27:13

It is so true that the failure to regulate Fannie Mae and Freddie Mac falls directly on the Democrats in Congress. I fear that there was some P.C.-ness and pleasing certain constituencies — not to mention the lobbying monies from Fannie and Freddie — that far too much influenced those votes.

The Republicans on the Senate banking committee were unanimous in voting for better regulations, the Democrats unanimously opposed.

I’ve read a couple essays in the past couple days — forget where — that lay a share of the blame for this mess on Freddie and Fannie.

(That’s a good video, and thanks for sharing it. We should post it.)

ALL that said, we can’t cry over spilt milk at this moment. We have to solve the crisis.

Comment by Ana | 2008-09-25 09:31:55

I agree, I just want people who don’t want to see facts that this is all caused by the democrats. I am tired of the democrats getting away with murder.

Comment by WMCB | 2008-09-25 09:42:25

No, it is not ALL caused by the Democrats. Bush’s deregulation caused a lot of it. They did not want regulations on the private investment houses. But some Repubs did see the problem looming, and tried hard to get Fannie and Freddie reigned in - which the Dems opposed.

There are two players here: the private banks and Fannie/Freddie.

The Repubs wanted to give the banks free rein, and the Dems wanted to give Fannie/Freddie free rein. BOTH parties tried to protect their favored side, and BOTH failed to protect the American people.

Comment by wodiej | 2008-09-25 09:51:34

Fannie Mae and Freddie Mac control 50% of the mortgage market. They are primarily to blame for this mess and those are the institutions the Dem’s protected. Not only that, the Dem’s have controlled Congress the last two years and have accomplished NOTHING.

Comment by Jackie | 2008-09-25 10:31:14

WE THE PEOPLE must lay blame at the feet of the individuals who for their own interests allowed our financial system to be put at risk. It is not soley a DEM or REP problem.

Bad eggs: Barney Frank
Chris Dodd
Charlie Schumer
Barack Obama (that was a lot of $$ in 4 years)

Good Guys: John McCain
Secretary Snow
Alan Greenspan

the rest of the jerks on watch did nothing to help the people of the USA.

OT: Did you see Bill’s comments of McCain’s decision?

He said that he believed that McCain took this move in good faith and that McCain did so because he cares so much for the country. In addition Bill pointed out that postponing the debate was a non-issue after all McCain had been offering to have townhall debates with Obama all along and Obama avoided those.

I thought that was very telling.

Comment by nobamaever09 | 2008-09-25 22:30:33

it is absolutelu truth, Obama turn down McCain many times.
McCaind did great by telling Roockie Obama, that Country are way before Obamas debate-dream. Great move by MmCain especjaly, that McCain worn fev times about coming problems and He came to Congres with propositions to stop this disaster, but Democraxts especjaly turn down any try on McCain side. They thought that they are above all. Well, McCain was right on money, now He postpone Obamas debate and is working on His prevvious proposition to save OUR economy. Obama screw up and He is the bigges receiver in amount of money from those, who are screwing up US and USA, and Obama is one of them!!!

 
 
 
 
 

Comment by Diana | 2008-09-25 10:07:31

Susan I agree, however I think we the people share a big part in this also. How many millions of Americans went for those sweetheart deals to buy a home knowing they couldn’t afford them. How many fell for the pay the interest first, house payments later. The fluctuating interest rates. If I buy a home at 4% knowing I can just barely make the payments, yet knowing that it could go as high as 10% which would make it impossible for me to make the payments…

My daughter and her husband are going through the same thing right now, theirs is up to 11%. We tried to tell them nothing but a fixed rate. That way you’re locked in you know what your payments are. They wouldn’t listen and in less than a year their payments have gone from 3,000 a month now clear up to 4,200 a month. So now they’re struggling. They own a small business that employees about 20 people. However what they make out of the business they use a portion of it to pay for secondary insurance for their employee’s out of their own pocket for Dental, and Eye care.

Now they’re talking to their employees, either they’re going to have to let go of the secondary insurance or lay off about 5 people. If Obama gets in and does raise taxes on those making 250 or more which they just fall right smack there on. They will have to definitely lay off some people. These are all men and women with families.

My son in law said, “Where is our bail out? The small businesses, as our costs soar?” you know people look and say oh you make plenty of money, but they don’t take into account when a vender has to be paid and there is no money it comes from my pay. The secondary insurance we pay for, etc…he said when it all comes down at the end of the year after insurance, etc…in reality we’re making less than some of our employee’s at about 100,000 a year. We have to make up in area’s that lack, it comes from our pocket. But, we understand our employee’s have families also that they have to support. But, we can’t loose our home, our business, take food from our children’s mouths. So we’ll have to lay people off. It’s really getting to him.

Comment by educatedwhitewoman | 2008-09-25 10:25:22

Without easy credit promoted by Fannie and Freddie, your daughter would not have been able to buy that home! Two years ago, Barney Frank (D) said if oversight at Freddie and Fannie were increased (as the Republicans and Greenspan warned was needed or an economic meltdown might ensue), the potential economic problems would be worse and that there was no such danger of a problem! Looks like Barney was wrong and McCain was right.

Comment by Diana | 2008-09-25 10:51:35

Oh trust me, we know. We tried hard to warn them. They had a beautiful 3 story condo with a game room, family room, etc. Fixed rate payments. That were well within their means. The business was going good and they had saved up some money. The whole thing was cheesy from the beginning. I can understand when you have children you want to look at homes, etc. Start thinking about where you will educate your children. But you begin with a starter home, you don’t jump into the most elaborate one you can find in the most premeire neighborhoods. But, this company talked them into have a custom home built in a new and upscale neighborhood. Almost no yard at all, beautiful 3,000 square foot home and about 500,000. We tried to talk them out of that, tried to tell them get a fixed rate. What if something happens? The more we tried to warn them and they would start talking to other realtors, the more concerned/the sweetheart deals this company came up with.

 

Comment by sproutingly | 2008-09-25 12:58:09

Worse than a $700,000,000,000 bailout?

 
 

Comment by tzada | 2008-09-25 11:04:08

My husband is the manager of a small company. He too is aware of what is happening. He is desperately trying to keep from laying anyone off and keep from raising prices to the public.

 
 

Comment by bert | 2008-09-25 10:08:55

“ALL that said, we can’t cry over spilt milk at this moment. We have to solve the crisis.”

True enough, Susan. However, learning about this these last few days maens I will NEVER go back to being a Democrat, after 40+ years of being a registered and activist Democrat.

I will remain an Independent all the rest of my days on this earth. The Democrats are hypocrits and corrupt. They are the flip side of Republicans. But as I have also learned the last few days maybe Republicans have some decency somewhere. (I exclude neocons in this.)

So I will remain Independenbt and judge issue by issue and campaign by campaign who deserves my support and vote.

What an eelction cycle this has been.

Comment by SusanUnPC | 2008-09-25 10:24:52

Me too, Diana. Even though I always thought it was kind of mindless just to vote for anyone solely because of the D after their name, it was often a compelling reason. This election process has been a MAJOR education in how the Democratic party really operates, and I am permanently disgusted.

AND: The Democrats had better watch out. You and I aren’t the only ones disgusted with the Democrats, and they may end up losing more races than they expect to come November.

Comment by Seattle Moss | 2008-09-25 10:30:31

Exactly my sentiments also Susan!

 

Comment by LookingForwardTo2012 | 2008-09-25 10:43:30

I agree! I am a Registered Democrat and had planned to just make a protest vote. The more I see the greed and posturing and cheating by the Dems…I may never vote for another one. These past 2 years have shined a light on the Democratic Party…and it’s not a flattering sight. They are worse now than in the days of Boss Tweed.

 
 
 

Comment by Amy Crunch | 2008-09-25 10:13:31

I’ve read a couple essays in the past couple days — forget where — that lay a share of the blame for this mess on Freddie and Fannie.

I think the implication is that they’re more than just a part of it. I think, gathering news analysis from a great number of sources, that this is the general consensus and more or less regarded as accepted fact. And at the bottom is the sub-prime crookery where Obama’s Pritzkers played such a lucrative part.

When a Republican says you need regulation; when Greenspan himself warns of impending doom; when as you say the Dems are dancing for the peanut gallery to keep their constituencies; then it’s no time to hide under a chair and be afraid to put the blame squarely where it belongs. Failure to do so will only lead to further corruption of sincere ambitions and another crisis further down the line.

 

Comment by Felizarte | 2008-09-25 10:37:20

What I’d like to know is how much of the 700 billion being talked about is to bail out foreign financial institutions (who bought the mortgages from American institutions) and how much to purchase mortgages from American based insitutions.

I think Paulson wants total autonomy in making those decisions because they don’t want the American people know whom they are really bailing out and how much of the economic institutions of the country they have allowed to fall into foreign hands. I think that Paulson and Bush pretty much knew what they would do when both went to the Bejing Olympics, using it as a plausible “cover” to meet with leaders of China, Singapore and other foreign countries that bought American “paper.”

The people need to know the truth.

Comment by tzada | 2008-09-25 11:17:22

Andrew Walden
Lehman Brothers: Obama’s Rezko-Auchi conflict of interest

Democratic Presidential candidate Barack Obama was quick to blame the bankruptcy of Wall Street giant Lehman Brothers on Republicans’ “failed philosophy”. Obama’s September 15 comments were repeated throughout the media–yet reporters have not noted Obama’s glaring conflict of interest—the Lehman debt owed to a bank owned by the financier who loaned millions of dollars to Tony Rezko.

Jockeying among the other debtors seeking repayment under Chapter 11 bankruptcy rules is BNP Paribas, a large French bank whose largest single private shareholder is Nadhmi Auchi’s General Mediterranean Holdings (GMH). BNP Paribas is owed $250 million by Lehman.

Nadhmi Auchi is an Iraqi whose Baathist ties go back to 1959. A formerly high-ranking official in Iraq’s Oil Ministry, Auchi left Iraq at the end of the 1970s. His wealth then grew exponentially as a procurer of arms for Saddam Hussein’s government during the Iran–Iraq war. He is now one of the richest men in Britain. Saddam Hussein in 1995 selected BNP , which later merged with Paribas, as the sole conduit bank handling Oil-for-Food transactions. This Clinton-era arrangement was changed in 2001 by the incoming Bush administration.

http://mensnewsdaily.com/2008/09/17/lehman-brothers-obama%E2%80%99s-rezko-auchi-conflict-of-interest/

 

Comment by Brendy | 2008-09-25 17:44:07

The American people also need to know how many ILLEGAL ALIENS were given mortgages and now can’t pay them. I’m SICK of paying for or bailing out lazy, welfare bum Americans and I DEFINITELY DON’T WANT to pay illegal aliens’ debts, especially since they broke the law to be here in the first place!

Comment by nobamaever09 | 2008-09-25 22:42:25

You are so right. Banks will resell those homes, they will never loose money. FBI must check this to…

 
 
 

Comment by Talk2ThePaw | 2008-09-25 19:08:54

Here is another link to a youtube video showing information on the link of The Black Caucus and Dems to Fannie and Freddie.

http://www.youtube.com/watch?v=usvG-s_Ssb0

 
 

Comment by Amy Crunch | 2008-09-25 10:03:31

Senator Obama did not weigh in on that bill.

That’s a euphemism I guess. ;)

Great clip! Keeper! Yes - GET IT OUT! This clip even makes Bush look good as compared to Obama! Woot!

 

Comment by pm317 | 2008-09-25 10:41:43

From another blog (don’t know the specifics of that 1999 bill but should not be hard to find):

What they were talking about was the bill presented in 1999 that would have created more strict rules and additional oversight for Fannie/Freddie. Large accounting discrepancies were being discovered and the GOP pushed for the oversight. The Dems shut it down. Pelosi was one of the folks that killed it. Greenspan warned that if the bill wasn’t passed that Fannie/Freddie problems would get worse and what is happening now would happen.

Greenspan was right. Big Dawg was right and Pelosi and company were wrong.

Comment by Maverick | 2008-09-25 12:52:54

Pelosi is soooooooo corrupt and she has so much control! How do we impeach her? She got rich on taxpayer dollars that she earmarked for herself.

 
 

Comment by mcpalin hill | 2008-09-25 10:42:25

ana — thank you so much for that video. Interesting that Barney Frank thought that no oversight was necessary when he was one of the pigs at the trough.

 

Comment by Creature of Chicago | 2008-09-25 10:49:01

“You can put it off a few days the problem is it’s hard to reschedule those things,” Clinton said, “I presume [McCain] did that in good faith since I know he wanted — I remember he asked for more debates to go all around the country and so I don’t think we ought to overly parse that.”. …

Nice little smackdown of The 0ne…

Who’s going to argue with Bill Clinton - Diane Sawyer?

Comment by Rob in Chicago | 2008-09-25 11:32:50

Another reason to agree with the Big Dawg on his analysis and finding of good faith is that McCain needs popular TV exposure. He could have handled any good-natured teasing from Letterman, and needed the exposure, yet he was willing to give this up and be exposed to much more vicious ridicule from Letterman because he is more concerned with the nation and its economy. McCain has already appeared on Jay Leno’s show, but light hearted banter and exposure on a show that is popular with the Obama demographic could have helped McCain, but he chose to do the job for which he was elected, and he sacrificed for the good of his country. He didn’t wait for Harry Reid to call him if he was needed; what a crock from Reid!

 

Comment by beebop | 2008-09-25 12:41:49

Bill did it with such class. I bet that we NEVER see him campaign for 0mama … bless his heart :) … GO BILL!!!!!!!

Comment by no vote for Oblabla | 2008-09-25 13:37:19

Indeed! President Clinton shines through once again :-) I love this man!

 
 
 

Comment by kinthenorthwest | 2008-09-25 11:26:38

Boy this would make a great campaign ad for the GOP.
I think the Democrats better think a bit before pointing too many fingers.

 
 

Comment by katmandu | 2008-09-25 09:27:51

That is a great speech. He just whack-a-moled a whole bunch of issues.

And not all leading lights think we even need a bailout. Galbraith Jr. (his dad was the really famous one) had lots to say in the Post today: http://www.washingtonpost.com/wp-dyn/content/article/2008/09/24/AR2008092403033.html

And my wife, who has a doctorate in Economics and can read pages of those equations with all the weird symbols on them, thinks we don’t need one (she has not read the Galbraith piece yet).

Galbraith has more of a wait and see attitude. Generally, hasty decisions are not exemplary ones. Maybe McCain can slow the freight train down to a reasonable speed.

Comment by wodiej | 2008-09-25 09:37:30

At first I thought we did need it but now I question it when it has been emphasized that people will not be able to borrow. In that respect, it wouldn’t hurt to slow that down. People are overextended beyond belief already on their credit.

I work at a very large bank and have heard nothing here about problems making payroll, etc. But I am no economist so I don’t know what all is involved. I think they are just about going to have to do something just to get people to calm down. I like McCain’s points. Those who are helped have to pay back taxpayers and no money for the Execs who caused this. I want some heads rolling through the prison gates for this just like Enron.

Comment by NomNomNom | 2008-09-25 10:29:48

Whose head exactly rolled for Enron? There were like 6 people convicted, and 4 overturned on appeal. Lay keeled over dead and never served a freaking day and their families kept most?all? of the money they stole.
http://www.chron.com/disp/story.mpl/special/enron/4088035.html
Oh hey, the guys who got off on appeal were all Merrill Lynch guys. What a coincidence: the guy who headed up ML was National Finance Chairman, John McCain for President, 1999-2000. And whattya know he’s on McCain’s Straight Talk America thingy right now. FOMG: he’s also on Obama for America. http://www.nndb.com/people/465/000159985/
and apparently ML didn’t exactly learn its lesson because it had to be bought up in a sweet deal by Bank of America before it failed.
http://english.eastday.com/eastday/englishedition/business/userobject1ai3868641.html

McKinney in 2008
Clinton in 2012

Comment by educatedwhitewoman | 2008-09-25 13:35:13

I have two words for you: Penny Pritzker - Obama’s Campaign Finance Chair and the original queen of sleezy submprime mortgages - Superior Bank. Google it.

Comment by NomNomNom | 2008-09-25 19:59:43

I am well aware of the Pritzkers: the one that supports BHO (the worst) and the one that supported Clinton, and the ones that have supported McCain. http://www.opensecrets.org/indivs/donor_lookup.php?name=pritzker
http://www.nndb.com/people/447/000122081/
McCain also takes money from the Pritzker family. None of the main 3 candidates proved too proud to take their money: the only difference was how much they were separately offered.
I find the connection to multiple Enron players and Phil Gramm of the
Enron loophole unpardonable, as well as the financial deregulation backed by McCAin and again sponsored by Gramm. I find this as repellent as BHO and Pritzker.
Like BHO McCain also hsa taken money from Soros who financed his Reform Institute. He also had Brzezinski for his foreign affairs advisor when he ran in 2000 and he and BHO both have Brzezinski sons advising them now. He supported Bush’s move to install troops in Georgia several years ago on the false assertion that al Qaeda was in Pankisi Gorge. We and Israel train their troops to guard the pretty new pipeline. These links combined with Soros’ installation of Saakasvili leads me to believe he favors a new cold/intemittently hot war with Russia, and I do not support that either. He also supported Dubai Ports World, indeed he was its lead spokesperson for Bush.
He also supports FISA, though he did not vote on it. He is deeply tied to the telecomm companies that got the retroactive immunity clause. He also voted against the ERA, and has no record of supporting any pay equity for women. Paying a few dozen stffers well does not cut it. I don’t work for McCain.
also: McCain and BHO support a bailout in some capacity. I do not. One more reason to vote McKinney.
Finally: PLEASE LEARN HOW TO READ. I AM NOT A BHO SUPPORTER. I SUPPORT MCKINNEY. If you can link her to any of Gramm, Pritzkers, Soros, Enron, Brzezinski, Johnson, Paulson etc, I would greatly appreciate a link. I am not under any illusions that politicians are not motivated by self-interest.

 
 
 
 

Comment by Creature of Chicago | 2008-09-25 09:41:02

Second, as a part of that oversight, there must be a path for taxpayers to recover the money that is put into this fund. When we’re talking about 700 billion taxpayer dollars, that money cannot simply go into a black hole of bad debt with no means of recovering any of the funds.

This is the piece I like.

Also, when he says no Wall St. execs should benefit from taxpayer funds.

 

Comment by lark | 2008-09-25 10:04:45

We don’t need a bailout but since everyone in America needs to satisfy their wants pronto pronto we are not willing to stop construction and many other industries to a trickle of what they are. A depression is a better solution and making America responsible as a repository of investor’s confidence would also help. Yes, the rich people who damaged others willfully in this debacle should be wiped out financially. Including Realtors. But what is the appetite for a depression to avenge every wrong that has been committed against the average citizen? Not much. I don’t want it either. That’s where these people have the chutzpah to abuse the system in their favor. They know that no one would impose the medicine on them for fear it would leave a bad taste on all of us.

 

Comment by fif | 2008-09-25 10:12:00

Jack Welch said last night that the credit markets are frozen, and if something is not done by Monday, when the Asian markets open, a new wave of calamity will follow.

Comment by wac for hillary | 2008-09-25 10:33:16

Is this the NBC/GE guy?

Comment by Vicki | 2008-09-25 11:04:34

Yes. He was on Hannity & Colmes last night. He said a lot of stuff that Colmes couldn’t grasp or argue with, and Colmes looked like a deer in the headlights most of the show.

 

Comment by beebop | 2008-09-25 12:44:34

Jack is retired from GE … and that was before they hired baffoons like Tweety and KO.

 
 
 

Comment by mcpalin hill | 2008-09-25 10:53:59

katmandu — I guess its not cool to meet a crisis head on. According to Harry Reid McCain suspended his campaigh and headed to Washington to take away the focus from his failing Presidential bid. David Letterman is mocking McCain for caring so much about this credit crunch. Because Obama is of course always right. If Obama doesn’t give a damn about a Tsunami in our economy then the rest of the liberal Butt Holes have to do the same.

What would Obama have done if he were President when the Japanese had bombed Pearl Harbor? I guess he would have said — CHILL MAN Don’t bother me I’m eating my waffle.

 
 

Comment by wodiej | 2008-09-25 09:28:47

Excellent speech by McCain….that is LEADERSHIP we can count on.

Comment by Urban Hillbilly | 2008-09-25 09:47:51

McCain has TOTALLY shined the spotlight on this issue.

 

Comment by bert | 2008-09-25 10:13:28

Yes, McCain’s speech was excellent. This speech and his actions only strengthen my resolve to vote for him. Leadership we can believe in again. I even heard faint echoes of JFK in there when he spoke about Americans working together can solve this. YES WE CAN.

Comment by mcpalin hill | 2008-09-25 10:57:13

bert — McCain reminds me of Harry Truman.

Harry Truman: “I never give them hell. I just tell the truth and they think it’s hell.”

Go McCain/Palin we uncool ordinary Americans salute you.

Comment by bert | 2008-09-25 20:10:48

Yes, mcpalin hill, give then hell, Harry also works. He had spunk and told it like it is. McCain is also a lot like that.

 
 
 

Comment by Phil Murphy | 2008-09-25 10:32:31

Leadership you can count on:

Missed Votes in the Senate

And the Winner is: John McCain with 412

Follow-up: Tim Johnson with 311

Honorable Mention: Barack Obama with 295

Yes, You can count of McCain to be more absent than a senator who has suffered a stroke.

Comment by StrawberrybitesBarky | 2008-09-25 10:34:34

Over what time period? You fail to mention that. How long has McCain been in office compared to Barky?

Comment by Creature of Chicago | 2008-09-25 10:53:25

Check out Bill Clinton’s smackdown of 0boring
(It’s also an update on the current article at top of thread).

Comment by StrawberrybitesBarky | 2008-09-25 11:16:33

Thanks for making me miss Bill even more, CreChi. Don’t you find it interesting that the MSM slams Bill at every turn but as soon as something bad happens they’re the first ones running to him asking him what he thinks? Why aren’t they running to Bush 1 or Carter? I need to go work out or something, my head hurts.

 
 
 

Comment by Seattle Moss | 2008-09-25 10:35:32

You’re such a fool swill
Exactly how many years has McCain been in the senate?

 

Comment by mcpalin hill | 2008-09-25 11:05:48

Phil Murphy — So Obama missed 295 votes in the Senate and he has been there for 4 years while McCain missed his votes in his 20 years in the Senate. At that rate if Obama were in the Senate for 20 years he would have missed 1475 votes.

Well that settles it for me–Obama is just a lazy slacker–someone I could never consider voting for.

Comment by Phil Murphy | 2008-09-25 11:10:26

This would be JUST the 110th Congress. So extrapolate that!

 

Comment by Seattle Moss | 2008-09-25 11:19:21

Gosh you’re good at math!!

 
 

Comment by bemused | 2008-09-25 12:50:29

I forget if McCain’s been there 22 or 24 years, but supposing 22:
412/22= 18.72 votes per year

And Obama, we’ll give him credit for 3 years though he has spent almost 2 campaigning:
295/3 = 98.3 votes per year

That really makes your case, yeah.

 
 
 

Comment by lark | 2008-09-25 09:34:28

Businesses will not have enough money to pay their employees

Why doesn’t he say it more specifically. Construction projects will be halted and construction workers will be laid off when construction companies and developers are unable to have the cash to do payroll.

Comment by wodiej | 2008-09-25 09:48:53

construction companies are flush w cash. They have made plenty off of all of the housing boom. For city projects taxpayers get charged an arm and a leg and the construction company makes sure they take their sweet ass time getting it done so they can justify the cost.

Comment by don tufts | 2008-09-25 10:10:17

hey stupid i own a small construction company and if credit dries up then i have no work thus no employees ,the electricians have no work the roofers have no work the carpenters have no work all of this because if there is no credit there are no home loans.add to this list realators,insurance,car sales and any big ticket item and we are screwed.think about it.

Comment by StrawberrybitesBarky | 2008-09-25 10:45:23

Here’s the problem I have, don. We have a ton of brand new homes (McMansions) all over the place right now. Former grazing and farm land have been replaced with high end homes that no one is buying. Many of them or in different stages of completion. In many instances, you’ve got one home occupied with three or four left empty or half built. What should be done? PS dirtbags and druggies have recently discovered the places and have started moving in and man, I would be pissed if I payed $500,000 for a place surrounded by meth addicts and lowlifes. And now the home is worth 300,000 or less and I still owed half a million.

Comment by lark | 2008-09-25 10:52:53

Yeah. Well let me let you in a secret. Suppose that once the Treasury purchases assets in the form of foreclosed homes, Dems decide that they could be more useful in the hand of HUD. How about that for a nightmare.

Comment by Creature of Chicago | 2008-09-25 11:01:52

More likely, the homes will be razed and the ground will be govt. owned. Which could turn into a nightmare - or not.

However, I have heard of a McMansionville or two - because of its half occupied state - going Section 8.

In Cali.

 

Comment by StrawberrybitesBarky | 2008-09-25 11:01:55

I don’t know. Just because you’re low income doesn’t mean you’re a dirtbag. I know a lot of poor people, happen to have been one when we were in the military. We took pride in our home. Many of my neighbors are low income and their homes are immaculate. It’s when they are left open and abandoned that vermin move in. Poor doesn’t equal scum. But thanks for letting me know how you fell about poor people.

Comment by Creature of Chicago | 2008-09-25 11:06:56

I just posted about Section 8. I will say that when I had rental units, one of my Sec. 8 renters was on disability and she was a model tenant. I couldn’t say the same for other one who was not disabled.

I agree that poor does not equal scum. I currently live in a low income area, and it suits me just fine.

 
 

Comment by tzada | 2008-09-25 12:25:44

There is something going on right now in Jacksonville, Fl. Administrations from years gone by, did something like that and now the current taxpayers owe 2.7 million.

 
 

Comment by Karma | 2008-09-25 11:03:33

Once again, to be fair.

Isn’t that a zoning or city counsel probelm for approving so many McMansions over your farm land?

They decide the use of land…nothing gets built without approval from the city.

Who knows? It might be someone on the counsel wanted a house on a rolling hill…and made bad choices because of it.

Which reminds me of Michelle, her postion on that board, and the decision of how the Obama’s property was split. Making Rezko’s property completely unusable.

Comment by Creature of Chicago | 2008-09-25 11:08:06

It’s all about the property tax revenue that these types of developments generate.

 
 

Comment by mcpalin hill | 2008-09-25 11:18:08

strawberry — I hear you. I am in Vegas which has been hit the hardest with these home foreclosures. Thank God our builder finished our development. So many other builders walked away leaving brand new homes to be vandelized. But its painful to see so many new homes in foreclosure and to see our home lose its value.

All these latte liberals in the media don’t get how bad this is as they laugh at John McCain and Sarah Palin. Those of us who thought that no one cared learned yesterday that John McCain cares.

Hang in there hon — help is on the way.

Comment by beebop | 2008-09-25 12:56:34

I hate to tell you this, but NO AREA has suffered as long and as deeply as Ohio and Michigan. We don’t have anything left to foreclose. The banks own it all. And they are sitting on it. When this deal happens and the floodgates of foreclosed property is unleashed, home owners will not be able to sell for the next two to three years. They won’t be able to compete on pricing.

 
 
 
 

Comment by Karma | 2008-09-25 10:50:46

To be fair you are speaking about a different type of construction.

If the town, county, state is smart, they have bonus and penalty structures built in to promote getting the project in on time.

When CA had that semitruck fire which brought down a section of freeway, CC Meyers Construction fixed it in short order with a large bonus for doing so. The guy is a bit of a hero in CA because of his work ethic.

CC Meyer’s page about the repair which he completed in less than a month.

I-580 / 880 Emergency Repair

http://www.ccmyers.com/completedprojects.cfm?ID=23

However, housing construction is having difficultly getting financing. My step dad is a construction supervisor in the bay area. He was saying that they submitted a proposal for the next project, which took the bank 6 months to approve. Not only that. It was the only construction loan they had approved in those 6 months.

Obviously, the other issue is loans for people to buy the homes they are building or pre-existing homes.

Comment by mcpalin hill | 2008-09-25 11:23:08

Karma — builders are walking away from projects because they cannot get financing from the banks. The situation is frightening. Businesses are closing daily. There is enough blame to go around however, when those called in as experts are Barney Frank and Chris Dodd, the ones who were given the most money by Fannie Mae and Freddie Mack–its like putting the foxes in charge of the henhouse.

Comment by Karma | 2008-09-25 12:05:56

There are stalled housing construction sites here as well.

Believe me, I am done with both the Republicans and Democrats as far as this situation goes. The writing was on the wall a long time ago. The fact that the Democrats stood in the way of reforms and the Republicans pushed through other deregulation makes it look intentional on both sides. Loose money always benefits them and their buds.

Personally, I will be looking at my Congresscritters and see if their paws are dirty on votes or money.

McCain’s speech is a good one though, and frankly I am glad he is back in Washington DC. I think the Republicans know they have a real chance to keep the WH if they sincerely try to straighten this out.

The Democrats if they keep it up, have an excellent chance of losing seats.

I am tired of both sides and their games.

 
 
 
 
 

Comment by Annie | 2008-09-25 09:37:43

Senator McCain has given us a brilliant speech he is a Maverick and an Everyman. He is an American Patriot and the best of representatives for this great country.

McCain/Palin 2008

Comment by Phil Murphy | 2008-09-25 10:35:59

Annie - Where was he last week? And what was he saying? He gets the “better late than never award”. After sublimating others’ comments, I’m glad you are proud of him. I too could give a brilliant speech with the $5,000 makeup, and great speechwriters.

As of yesterday he had been absent. He had not spoken with anyone on the Senate Finance Committee. Not until he saw how bad his poll numbers were, and not until Barack had called him to make a joint statement and talk about flying back to washington.

Now that’s leadership you can depend on.

Comment by Seattle Moss | 2008-09-25 11:00:10

Your class warfare is going nowhere dude.
I can tell you don’t have a job and are bitter about those that do

Comment by Creature of Chicago | 2008-09-25 11:09:33

he’s a bitter clinger - to class envy.

 

Comment by Phil Murphy | 2008-09-25 11:14:52

Annie - Sorry. I’m 52, retired, living in San Francisco and New Orleans.

I retired from running a Hospice in San Francisco. I am having a great time, albeit my funds that I thought would be much higher aren’t.

And I post my real name on the net.

Comment by Maverick | 2008-09-25 13:10:26

And I suppose you support Pelosi the Crooks crook?

Comment by Phil Murphy | 2008-09-25 13:31:10

I surely do, but not on everything. I even know a few folks that work for her.

I suppose you supported Larry Craig ( and I mean supported him!)

 
 
 
 

Comment by beebop | 2008-09-25 12:59:08

And where is 0mama? Reading from a telepromptr. Enough said to you, Phil. WHY DO YOU HATE AMERICA SO MUCH?????

 
 

Comment by mcpalin hill | 2008-09-25 11:24:45

annie — well said. We don’t need Liberal Elites to laugh at our plight. We need an “every man” who understands.

Comment by Buzz Latte | 2008-09-25 11:44:57

San Francisco - that pretty much says it all.

 
 
 

Comment by Jackarooty | 2008-09-25 09:42:01

As much as I can’t stand Dick Morris (avowed HRC hater) he wrote a great op-ed in this morning’s NYPost about McCain and the strategic move. It’s a good read.

http://www.nypost.com/seven/09252008/postopinion/opedcolumnists/o_stumps_as_john_trumps_130637.htm

Comment by Creature of Chicago | 2008-09-25 09:57:24

McCain will be at the center of the process, managing it through to success while Obama lingers on the outskirts, irrelevant and uninvolved.

Comment by mcpalin hill | 2008-09-25 11:35:28

creature of Chicago — I love the line by Woody Allen. Half of life is just showing up.

I agree with Dick Morris — I say this while listening to Rush Limbaugh. OMG

 
 

Comment by bert | 2008-09-25 10:18:02

OMG, the sun will rise in the west tomorrow!!!!! I agree with the AH Dick Morris.

 

Comment by Liz B | 2008-09-25 10:23:47

Dick Morris nailed it. I don’t personally love the guy, but he knows politics…from both sides of the aisle. Obama was more than one upped on this, and it makes him look like a schoolboy that he had to be ordered back to DC by the Prez. I think if Stevie Wonder can see the writing on the wall, this was what a real President does…he leads. In an audition for the job, Obama is still too busy trying to be briefed before he takes action, and mcCain knows that sitting around waiting for someone else to do the job is not what we want in a leader.

Comment by Liz B | 2008-09-25 10:26:38

sorry, way too much coffee this morning, I screwed up another comment. There was no if intended in the Stevie Wonder comment. I need to proofread before I post!

 

Comment by Jackarooty | 2008-09-25 10:37:18

Yup! I just want someone that knows his way around the dance floor on day 1 and doesn’t have to be taught the steps.

Btw, SENATOR OBAMA why aren’t you doing your job and being a SENATOR? WE THE TAXPAYERS PAY YOU TO DO YOUR JOB.
DO IT. OR WE’LL FIRE YOU.

Comment by No Obamislamists | 2008-09-25 11:22:51

::: in best Chappelle Black Bush voice :::

I ain’t got time for A “financial crisis”..I’m running for President! Write this down…C-A-M-P-A-I-G-N, campaign bitches!

 

Comment by mcpalin hill | 2008-09-25 11:28:45

jackarooty — Obama thinks his job is running for office. If he can’t lead he should get out of the way.

 
 
 
 

Comment by Mel | 2008-09-25 09:44:15

With so much on the line, for America and the world, the debate that matters most right now is taking place in the United States Capitol — and I intend to join it. Senator Obama is doing the same. America should be proud of the bipartisanship we are seeing.

A true leader spoke, when yesterday Obama was playing politics, and today McCain could have buried Obama, he once again takes the high road!

So folks you have one of two choices, a real leader for POTUS or a political opportunist who plays sewer politics in every form available for POTUS!

 

Comment by Shiloh | 2008-09-25 09:44:45

McCain obviously has the substance of this issue nailed. Now he needs to start campaigning more against the media because they are Obama’s only hope.

 

Comment by Urban Hillbilly | 2008-09-25 09:45:07

I listened to the speech over the radio this morning. McCain sounded very Presidential.

McCain began the speech by praising Pres. Clinton. I found it very touching and it made me feel proud to be an American. Knowing Cindy McCain and Gov. Palin were in the audience, also, gave me a sense of optimism about our country.

True colors about McCain and Obama have come out over the past week. It is tremendous information for the electorate to have in making their decisions in November. I think it will have an impact.

Comment by jjsmoof | 2008-09-25 09:50:21

I hope! There are some obots that are willfully ignorant of teh precious.

Comment by Urban Hillbilly | 2008-09-25 10:06:58

The true swing voters are just starting to pay attention. Those are the people, who will notice and their observations will start accumulating.

I don’t think people who are firmly decided are going to change.

I am undecided. Based on the last 24 hours - I’d say McCain will take the bull by the horns and show some leadership, even if it pisses off folks like Reid and Barney Frank. Obama trusts the dems in charge of Congress and seems more intent on campaigning. It could be Obama thinks he will have more power to shape things if he is President, so it’s important he get there by campaigning and winning.

Obama does not seem so involved in the legislative process– I would want to be, if I were going to be President and have to deal with the ramifications of this bill and the economy of the US. (But, that’s just me!)

Comment by Creature of Chicago | 2008-09-25 10:33:39

Obama does not seem so involved in the legislative process–

He’s a United States senator, it’s his job.

Did he miss the part on his job description where he’s supposed to represent his constituents?

 

Comment by kgirl1028 | 2008-09-25 10:39:14

that’s because obama has never been involved the legislative process, emil jones gave obama, bills other people sunk time and energy into And he’s been running for president almost as soon as he was elected to the Senate. This is why I find people who support obama tend to be so silly and foolish. Obama will never be more than what he already was, and the truth is he could grow if he weren’t so arrogent. Arrogence keeps you from seeing who you really are, and there for you see no need to change or improved

 
 
 
 

Comment by Matthew Weaver | 2008-09-25 09:49:19

Obama is suddenly a sideshow, dragged kicking and screaming to DC. He has nothing to offer. The timing has been great for McCain–yesterday’s move captured the news cycle, now today the previously scheduled CGI opening speech (thanks to Bill Clinton), and now he’s off to DC to save the economy. He may not be lead Republican in Congress but it’s the public role as prospective president that he’ll play. I doubt that Obama will or could do same on Democratic side–Pelosi and Reid won’t give up the spotlight or trust him.

Comment by Phil Murphy | 2008-09-25 10:39:08

Again Mathew, look at the most missed votes. It looks more like McCain is the one who needs to board his wife’s private jet back to the US of A and make more senatorial votes.

Missed Votes in the Senate

And the Winner is: John McCain with 412

Follow-up: Tim Johnson with 311

Honorable Mention: Barack Obama with 295

Comment by Seattle Moss | 2008-09-25 11:04:23

Let’s talk about votes that count.

McCain won the Iraq war by remaining steadfast in the face of intense opposition to get the surge approved.
I’m looking for leadership dude!!

McCain saved America from defeat and humiliation.

Now McCain is going to save America’s economy!

How many times did your wussy vote present?

you’re a fool swill!!

 
 

Comment by beebop | 2008-09-25 13:04:37

Obama is suddenly a sideshow, dragged kicking and screaming to DC. He has nothing to offer.

0bama is both lipstick and pig in the current scenario.

 
 

Comment by lark | 2008-09-25 09:49:49

and a new system of incentives, under a cap-and-trade policy, to put the power of the market on the side of environmental protection

For those who will be living in 2020 here are the foundations of the next crisis similar to the savings and loan, Enron and this subprime mortgage crisis. Opportunities open, corrupted greedy elites will take over and the common people will pay through their noses to make them happy, famous and rich.

Comment by athena | 2008-09-25 09:55:58

I agree that I am very sceptical of cap and trade. I will be studying up on that over the next few weeks.

Comment by Vicki | 2008-09-25 12:39:02

I agree, this whole global warming thing is a sham. I think McCain’s platform calls for cap and trade only if China and India go along, which will never happen. I hope!

 
 

Comment by Seattle Moss | 2008-09-25 10:56:15

The cap and trade system will put smoke stack and high energy use companies out of business if Obama is elected.

 
 

Comment by Kara | 2008-09-25 09:50:04

Listening to Obama stumble thru his bit to the CGI audience, I remember that the hotel he’s at (Bellaire Biltmore) is known as a “haunted” hotel. They make a big deal out of it every Halloween, etc - perhaps the ghosts are having their way this morning? Clearly the teleprompter is off…

 

Comment by Chicago Joe | 2008-09-25 09:50:45

How many times has Barack stopped his speech for us while the teleprompter catches up?

Comment by bert | 2008-09-25 10:25:17

You can always tell when Obama is using the teleprompter. First he looks left, then he looks right. Then back to left and on to right again. It is so apparent. He has never learned how to use one well. Check out the Clintons. They read a teleprompter very well. Can’t notice unless you really study their movements, especially eye movements. Once the teleprompter malfunctioned when President Clinton was giving a State of the Union address. I coyldn’t even tell. he jst went on and gave his speech. Masterful!!!!!

 

Comment by Leisa | 2008-09-25 11:35:35

He soes seem to speak rather haltingly. I don’t know.why he would be.considered.a great orator.when it is.apparent that he.reads many lines without.much.preparation.

Comment by Maverick | 2008-09-25 13:16:00

Like when he said Freddie Mae and Fanny Mac?
Oh freakin fanny, uh Fanny Pac, that’s what I said.

 
 
 

Comment by Paul3triple | 2008-09-25 09:51:51

if we do not do the bail out NO ONE will be able to get a loan.
Also, the bail-out is profitable. All of these bad investments are clogging the market and they have nowhere to go and the investments at present are not worth dick.
However, the government buys them for a ridiculously low rate and further down the road when the market recovers and things are back to normal we resell the investments. Potentially this could make US money.
Also, Fed chair bernanke is a financial historian. He has studied the depression and the slow down of Japan’s economy that lasted over a decade.
He understands what will happen if nothing is done and understands the solution.
Of course i think there should be another option without such a hefty price tag.
But, i think folks should not 2nd guess it. Yes the bill needs changes and will get them before a consensus is reached.
Also, they are not taking over any companies they are simply buying loads of bad investments that are clogging the flow of the market. Sort of like a clogged artery. If it is not unclogged a heart attack can ensue.
Again, i remind everyone there is a potential for our tax dollars to make money off of this. Alot of the investments are mortages. If a year or 2 from now the housing market booms which it is bound to do eventually. The investments can be sold for alot more than we paid.
I also think one of the best things to do is suspend our capitol gains tax. It would automatically increase the values of investments by 15% and would instantly create more capitol for the entire market.

Comment by wodiej | 2008-09-25 10:06:22

sounds good…someone on Fox last night was talking about how past bailouts have also netted the taxpayer profits. you have a good assessment of this and it makes sense. I hear two of the economists working on this are very good so I think everything will be ok. People just need to sit tight.

Comment by bert | 2008-09-25 10:28:58

Well, I would not go so far as to say EVERYTHING will be OK. This crisis will have been adverted.

Next comes the hard work if undoing all this mess, getting a balanced budget and stop over spending again, (gee wasn’t that accomplished once under President Clinton???) and cleaning up the entire mortgage industry to name just a few of the things that will have to be fixed. All this will take years and leadership.

Comment by beebop | 2008-09-25 13:08:00

Which means effectively that 0bamas programs are kapoot.

Comment by bert | 2008-09-25 20:23:59

Well, hopefully beebop that will occur with a resounding defeat on Nov. 4!!!!!!

 
 
 
 
 

Comment by educatedwhitewoman | 2008-09-25 09:55:34

Treasurer Sect. Paulson called McCain and asked him to come to Washington - that the Senate Republicans were not going to pass the bill and Paulson needed McCain to help out. Just heard this from a caller who was a Democratic operative and slamming McCain. If true (and recall that McCain said he had been in contact with officials in Washington and it was clear to him that the bill wasn’t going to pass) then McCain is a patriot. He did not mentiion Paulson’s name or comments because it would have caused a very bad reaction in the market. That’s patriotism. Can someone check on this?

Comment by educatedwhitewoman | 2008-09-25 09:56:29

A caller who was calling into a local talk radio show.

 

Comment by kgirl1028 | 2008-09-25 10:09:39

In contact or not, McCain was willing to drop what he was doing and come help when he was asked too. so really how can people blast him for that. What it says is that all it took was a request from one of his fellows, when they needed him to rally the troops to help american tax payers, he was willing to drop what he was doing and go. Obama had to be called back to washington by president bush. and had it not been something that would make him look bad in the eyes of the public he would have continued to campaign. I don’t care what people say, obama has skewed priorities, and its so obvious it could reach up and b*tch slap you. Any one who would vote for this man is a fool!Democrats need wake up, and see that just like his district in chicago Obama will always see himself as the more important that the people living in his district. People compare him to Carter, but wasn’t antisocial. He was just weak indeceisieve individual who is not a leader. Dem’s need to get a clue.

Comment by Phil Murphy | 2008-09-25 10:42:51

Kgirl - Obama has been speaking with Paulsen Daily, and with the Senate Banking Committee. McCain has not. Obama called McCain yesterday morning about coming back to Washington today. Get your facts right!

Again, look at the voting record of McCain versus a senator with a stroke.

Missing from the list is Senator Clinton, who is right below Obama in the number of missed votes.
Missed Votes in the Senate

And the Winner is: John McCain with 412

Follow-up: Tim Johnson with 311

Honorable Mention: Barack Obama with 295

Comment by Creature of Chicago | 2008-09-25 11:12:43

McCain missed 412 votes over a 22 year time period - and 0zero missed 295 over a two year period…

That averages to about 20 missed votes per year for John, and 150 per annum for 0Zer0.

Comment by Phil Murphy | 2008-09-25 11:16:33

No - Sorry Creature. These missed votes are just for the 110th Congress.

Comment by Creature of Chicago | 2008-09-25 11:28:22

When Barack 0zer0 co-sponsors and pushes through legislation in a bipartisan fashion, such as the McCain - Feingold bill, then we’ll discuss missed votes.

When 0zer0 manages to put together a Gang of 14 to avoid a constitutional crisis with respect to judicial nominees, then I’ll consider comparing missed votes.

0zer0 has spent his time as a US senator writing books for personal gain and designing barackadential seals. That’s his big claim to fame.

I’ll bet you have a bumper sticker on your Volvo that says: Vero Possumus.

Comment by Phil Murphy | 2008-09-25 11:59:23

Sorry - Got rid of the Volvo when I retired. A 2001 Subaru Forester - no bumper stickers - dont believe in them.

( loved the latin though!)

Comment by Seattle Moss | 2008-09-25 12:48:19

Up here in Seattle most of the Obama stickers I see are on Subaru’s.

I’m pro American!!

I like to drive an American car

Comment by Phil Murphy | 2008-09-25 13:52:22

Tell me about your television and the parts in your computer. The clothes your wear - if they are from WalMart - Chinese.

Your food- mexico.

We are in a global economy. What was American today may be Dubai tomorrow and what was swedsh ( volvo) is something else today.

I like Buying american, but America has to create some better cars. The subaru is great.

Comment by Seattle Moss | 2008-09-25 14:30:34

My North American car drives great and I don’t have to get rid of my Chrysler 300C like Obama did just to make a political point under pressure form the environazi’s.
I also have an American manufacturing company that makes products both domestically and for export.

Go America!!

(Comments wont nest below this level)

Comment by Creature of Chicago | 2008-09-25 15:14:04

Good for you Seattle.

I get my food from the Amish at the local farmer’s market. And there’s nothing like a Jersey tomato to put a smile on your face mid to late summer…

Still made in USA

The guy who used to play Cliffie on Cheers has a show about American goods manufactured domestically.

 
 
 
 
 
 

Comment by Just Wondering | 2008-09-25 13:42:42

*LOL* Yeah. McCain missed all those votes just since January 2007.

 
 
 

Comment by Jess_Terr | 2008-09-25 11:58:10

hahahahahaha!
nobama has not been talking daily to paulson et al.
Paulson et al were testifying on the Hill (working) while Nobama was cramming for his debate. Even though he has the questions!

What a nimrod.
NO How NO Way NObama

 

Comment by bemused | 2008-09-25 12:59:44

This is the THIRD TIME you have brought up this stupid and meritless vote data!

TROLL TALKING POINT

And if you can afford two residences from running hospices, well, color me skeptical about your charity is the kindest thing I can say.

 

Comment by Mr. Natural | 2008-09-25 15:03:09

Kgirl - Obama has been speaking with Paulsen Daily, and with the Senate Banking Committee. McCain has not. Obama called McCain yesterday morning about coming back to Washington today. Get your facts right!

Facts? No.

Propaganda? Yes.

(You - a credulous naif? Yes.)

 
 
 
 

Comment by Freedom Fighter | 2008-09-25 09:56:48

John McCain is politicizing the economic crisis and it is shameful. Senator Obama has consistently said from the beginning that the failed policies of McBush in an era of greed has brought us where we are. Senator Obama has talked about bringing change and hope to Washington, and John McCain is now shamelessly trying to take credit for Seantor Obama’s platform. Senator McCain should immediately apologize to the American people for politicizing an economic crisis his own party has created.

Comment by HARP | 2008-09-25 09:59:46

Check you facts idiot.

Comment by Freedom Fighter | 2008-09-25 10:01:44

John McCain is playing politics plain and simple. It is in John McCain’s political interest to see the US economy improve and get the issue off the front pages. McCain is losing big time on the issue of bad economics.

Comment by Andrew | 2008-09-25 10:05:32

Oh. So you think the economy should fail? Evil Obama wants that.

Comment by Creature of Chicago | 2008-09-25 10:17:28

I don’t want the economy to fail.

Right now my company is kicking butt and my job is secure. However a deep recession will have repercussions far and wide, and will certainly affect friends and family, and eventually me.

But not Freedom Fighter, he lives off mommy so he doesn’t have to worry.

Comment by Creature of Chicago | 2008-09-25 10:54:48

or Phil Murphy either.

He’s a kept man.

Comment by Phil Murphy | 2008-09-25 11:19:22

Kept -yeah - by my wife of thirty years. And having a great time. We just got back from a wedding in Ireland.

Comment by Maverick | 2008-09-25 13:18:50

If you are still supporting Obama you are politically retarded.

Comment by Phil Murphy | 2008-09-25 14:24:13

Shouldn’t you be out getting that emotionally driven petition signed?

 
 
 

Comment by Phil Murphy | 2008-09-25 11:23:55

Comment by Creature of Chicago | 2008-09-25 11:30:27

guess what, phil:

you didn’t make me look.

Besides which you fell into the trap of having to defend yourself and your so-called creds instead of sticking up for your shitty candidate.

Comment by Phil Murphy | 2008-09-25 12:03:40

Creature - Your loss. Are you more afraid that you find out I’m not a fraud, which destroys your ability to make ad hominem attacks?

One a one on one with anyone here, I’m happy to defend Obama. The facts are all over the internet on substantive websites.

You all seem to get your feeds from hive leaders!

Good book to read btw is Hellstrom’s Hive - its one of the early books by Frank Herbert ( of Dune Fame ).

 

Comment by Phil Murphy | 2008-09-25 12:04:34

Its a family archiving project I have been working on since retirement.

 
 

Comment by Seattle Moss | 2008-09-25 14:39:24

Looks like America after Obama cuts and runs in Iraq and causes American defeat and humiliation in the world.

You like America in ruins swill
You hate America that is obvious!

 
 
 
 
 

Comment by WMCB | 2008-09-25 10:08:33

Please list for me the ACTIONS (not talk) that Obama has taken to head off this crisis since he’s been in office.

Comment by Jess_Terr | 2008-09-25 11:59:16

 
 

Comment by nancysabet | 2008-09-25 10:10:21

John McCain goes back to Washington, where his leadership is needed. Barack Obama: who cares where he goes? John McCain can reach across the aisle and work with the Democrats. We know that; we’ve seen it happen.

 

Comment by HARP | 2008-09-25 10:10:49

It is in America`s interest to see the economy improve….You remember America don`t you…the country that gave you the highest standard of living in the world.

 

Comment by John House | 2008-09-25 10:23:13

“It is in John McCain’s political interest to see the US economy improve and get the issue off the front pages.”

You seem to fail to recognize how anti-American that makes you look.

 

Comment by Seattle Moss | 2008-09-25 11:06:40

These are the same anti-American scum that wish America’s defeat in Iraq and the world

 
 
 

Comment by athena | 2008-09-25 10:00:46

Blah, blah, blah, run along now!

 

Comment by Shiloh | 2008-09-25 10:01:14

I do agree that the best way Obama can show leadership is to stay away. I congratulate him for leaving the heavy lifting to those who know what they are doing.

Comment by requiredreading | 2008-09-25 10:40:17

Exactly! Obama has no idea what he is doing. Glad you recognize that!

 
 

Comment by Matthew Weaver | 2008-09-25 10:03:21

John McCain is a U.S. Senator and presidential candidate. On both accounts he has a role and direct interest in what is going on. The real question is why is Obama AWOL? Why did it take a presidential invitation to get Obama involved?!

Comment by Freedom Fighter | 2008-09-25 10:08:53

Harry Reid has said McCain won’t be able to do much to move the legislation forward, as he isn’t in the banking and finance committees anyway. McCain is only coming in to take credit for something he isn’t involved in. Besides, John McCain doesn’t understand economics in the first place, do we really want a neophyte messing with a crisis of this magnitude? The American people correctly understands that Barack Obama has much more expertise in economics than John McCain.

Comment by HARP | 2008-09-25 10:12:49

And your proof is???

 

Comment by NoBO | 2008-09-25 10:13:13

ROTFLMAO! Obama has no experience, no expertise here. He’s the neophyte.

 

Comment by Mel | 2008-09-25 10:14:18

Freedumb Uniter, you are a ray of sunshine so bright every time you open your mouth, giving people a real glimps into just how stupid and ignorant obama trolls really are!

Obama’s only economic experience is sitting in a jail cell in Chicago awaiting a 20 yr sentence!

 

Comment by educatedwhitewoman | 2008-09-25 10:14:46

And Reid is a partisan Democrat. You obviously have no clue how legislation is passed. It makes not one whit of difference if the committees agree on a bill IF the Senate and House DON’T support the recommendations of the committee and vote for the bill (or weight it down with PORK or unacceptable provisions) so that it FAILS to pass.

Comment by Maverick | 2008-09-25 13:20:38

Hillary, though I love her, is a partisan Democrat too. She’d stump for a cow if it was a Democrat running for office.

 
 

Comment by Matthew Weaver | 2008-09-25 10:17:38

I think you sell McCain short on this. Anyway, Reid doesn’t have much say. Push comes to shove and McCain can pull Bush behind him. Anyway, there are enough Republicans in the Senate that Reid can’t do anything without their cooperation. Bottom line is that McCain has more control and say in what happens than Reid likes–which is a very good thing, in my opinion. I’ll trust McCain in this much sooner than Reid, Pelosi, or, worse, Bush.

 

Comment by bert | 2008-09-25 10:36:08

“Besides, John McCain doesn’t understand economics in the first place…..”

Oh really, FF!!!! ?????? Then why is it that McCain sponsored a bill in 2005 to get more oversight on Fannie and Freddy? And who was it who opposed that bill and said that Fannie and Freddy were OK and sound and that McCain was engaging in scare tactics? That be the Democrats and Obama, sir. The Democrats exacerbated the priblem when it could have been fixed. Shame on the Democrats. SHAME. SHAME. SHAME.

Comment by Phil Murphy | 2008-09-25 10:46:55

Bert - Get with the facts. McCain only signed on to the bill a year after it was sponsored. Its like saying you are the dad when in fact you only adopted the kid.

Who has been president for eight years and ran the congress for six of those years - Republicans. They had the power - why not the votes to fix things.

Reason - lobbyists giving money to both sides. And Most of McCain’s advisors were lobbying for the very companies.

 
 

Comment by Mercedes | 2008-09-25 10:55:59

I think residential and commercial construction has been one of the largest (if not the largest) economic categories in the State of Arizona for a long time. I have no doubt that John McCain has received much in-depth input from his constituents in Arizona on these topics. And McCain certainly has had advisors in his Senate office who are probably experts on these issues.

Remember when Obama visited Sarkozy in France and referred to his (not the Senate’s but HIS) Banking Committee of which he is not even a member. McCain seems incapable of those kinds of pretensions, but he has well over 20 yrs in the US Senate and a wealth of direct experience related to development and finance. You can even count Charles Keating as part of that experience.

Comment by Hank | 2008-09-25 11:01:21

BO’s Banking Committee screwed this one up. He was again to busy campaigning to watch over his committee. Just like his other committee Foreign Relations. LOL

I thought he could multi-task?

Comment by Mr. Natural | 2008-09-25 15:08:36

Obama’s been too busy flying that big-ass, environmentally unfriendly, gas hog of a jet around.

I couldn’t believe bragged about his big jet yesterdays.

What a maroon!

 

Comment by Felizarte | 2008-09-25 16:20:37

Maybe Obama can multi-task; but he certainly shows himsself incapable of setting priorities.

 
 

Comment by Hank | 2008-09-25 11:04:29

McCain should do an Ad using his comment that the Banking Committee is his and look where it got us.

 
 

Comment by Peggy Sue | 2008-09-25 11:02:45

Harry Reid said McCain was needed in Washington only the day before. The the political trade winds began to blow and he turned on a dime.

The senior Democratic leaders are absolute weasels. Reid’s turn around was for pure, politcal purposes. McCain acted, took a stand and the Dems whine. Last week, they wanted to adjourn and all go home until after the election.

I’m ashamed of the party I spent my life in.

Fools!

Comment by mcpalin hill | 2008-09-25 11:56:30

peggy sue — this is not our Democratic Party anymore. Obama owns it now and they have become feckless bastards. Reid asked Obama for money for Congressional Democratic races–Obama said no. The party is full of weak, irresponsible, worthless fools who take their marching orders from a weak, irresponsible, worthless fool.

 

Comment by McHope | 2008-09-25 11:58:17

Went home when it was time to do some work on Energy Independence, too.
Those lazy, self righteous dems are sickening.

 
 

Comment by Karma | 2008-09-25 11:51:24

Reid the guy who says that, no one knows what to do, does know that McCain can reach across the aisle better than he can. That is why he doesn’t want McCain there. If Obama thought of it first, Reid would be whining McCain isnt’ there.

Obama didn’t have a plan until he could steal McCain’s and is probably hoping that the whole thing crashes because he thinks it will help him.

Who give the reigns of a country to a man who can’t even buy his own house? Let alone a Chicago grifter politican. There is nothing in Obama’s background that proves he has any economic common sense. He just admitted his whole platform can’t be done. Those of us who can add figured that out months ago. Without looking at his grifter ways in Chicago.

Please!

 

Comment by Vince | 2008-09-25 12:08:51

Actually, Reid was claiming that a bill couldn’t get passed without McCain’s support. But that was before McCain said he was headed back to DC.

 

Comment by Rob in Chicago | 2008-09-25 12:14:37

Harry Reid talks !!! Wow, I just thought that he stood in back of Nancy Pelosi and nodded vigorously at whatever she said. Based on what he did say, he should just go back to nodding vigorously.

 

Comment by Seattle Moss | 2008-09-25 12:38:42

Bottom line is that without the fiscal republicans this bill is doomed.
That is why the Maverick is needed.

Poor democrats…They have been played again

Ha Ha

 

Comment by Jackie | 2008-09-25 13:07:46

And Obama’s skills with economic issues are what?

Blowing 110 million on Chicago schools and not meeting 1 stated goal?
Not improving 1 test score for an inner city student?

Dude Obama is a piece of fluff.

 

Comment by Maverick | 2008-09-25 14:23:37

Harry Reid is senile. LOL you can’t listen to anything he says. He’s crazy as a loon.

 
 
 

Comment by Firefly | 2008-09-25 10:05:29

FF - sadly, you’re just going through the motions now, robotically posting the ridiculous shit word-for-word from barky’s campaign instructions.

Seems obvious you’re just not that into barry anymore. I don’t blame you - he’s not presidential material.

Time to admit it, FF, and come into the light - join the McCain team and work for a real leader. You know you want to!

 

Comment by Creature of Chicago | 2008-09-25 10:07:28

0boring
Talking point #134

Comment by Matthew Weaver | 2008-09-25 10:19:45

I didn’t know they could count that high.

 
 

Comment by dixie | 2008-09-25 10:12:10

I suppose you want the government to buy you a tent now that your interest rates are to high for you to meet on your shed.

Comment by Creature of Chicago | 2008-09-25 10:21:40

he lives in mom’s basement and she doesn’t charge him rent.

What, him worry?

 
 

Comment by lark | 2008-09-25 10:17:35

Senator Obama has talked

Precisely, and in his talked appropriate and own what was, what is and what’s to be. When Obama talks he steals what belongs to us. He is a thief.

 

Comment by Dee | 2008-09-25 10:18:41

Obama, just like McCain, is a man who gets paid to do his job and that current job for Obama is the US Senator from Illinois. He does not get paid to campaign for president. He should be doing his job when the US is in a time of crisis. Obama could have made the decision to do the same as McCain but instead he chose to keep his eye on the job above him instead of fulfilling his commitment to his current job and constituents. Michele Obama was absolute correct in asking Obama if the presidency was an ego trip for him.

Comment by Matthew Weaver | 2008-09-25 10:21:49

Michele Obama was absolute correct in asking Obama if the presidency was an ego trip for him.

Ouch! That was from her interview last year?

 
 

Comment by kgirl1028 | 2008-09-25 10:30:17

Have you ever heard of killing two birds with one stone, Proverbs are proverbs because they work. john mccain get’s to do what he does best “actually stand up for his constituents, and he gets to uses it to his political advantage. now please tell me how this is a bad thing.

Oh yeah I know becauses it doesn’t profit obamam.

 

Comment by Postmaster | 2008-09-25 10:50:24

yep, FF, you got it…Obama consistently points the finger of blame but does ABSOLUTELY nothing about it. go away.

 

Comment by DoubleRider | 2008-09-25 11:18:20

I fail to see how hope and change will solve the current issue. Are we going to hope the problem will go away? What should we change? Religious fanatics are big into hope. Hope it works well for them. I prefer to set my own destiny when ever I can.

Seems to me 0bama is simply a preacher, sans ideas. Easy to criticize, hard to lead with new ideas. 0bama is not a leader, but a preacher who simply follows what other people do. Not ready to lead, hope and change not withstanding.

Comment by Maverick | 2008-09-25 14:28:35

Hope is really wishful thinking.

 
 
 

Comment by HARP | 2008-09-25 09:58:37

WTF…..Our economy is on the brink of disaster and Obama is promising billions of more dollars for the rest of the world. EPIC FAIL.

Comment by Matthew Weaver | 2008-09-25 10:04:47

It’s not real money to him. And not his money anyway, so easy to spend.

 

Comment by Peggy Sue | 2008-09-25 11:05:59

Yesh, I caught that, too. The United States is going to save the world, make billion dollar investments in global initiatives, while our economy spins out of control.

Now, that’s a fairytale!

 
 

Comment by MaggiefromMichigan | 2008-09-25 10:01:56

We need to create a new oversight board made up of middle class citizens who have power to hold hearings and investigations on our elected officicals in Congress and White House. The balance of power originally put into place by our forefathers has been compromised it seems.

Comment by Matthew Weaver | 2008-09-25 10:07:00

And what is your ‘middle class’?

Such a fuzzy concept. I think that’d be $75K to $250K? What do you see as middle class?

Comment by Creature of Chicago | 2008-09-25 10:36:02

Anyone who works for a living and pays income tax.

 

Comment by McHope | 2008-09-25 10:52:01

This is exactly why the idea of transparency is so useful. Let the people of this country regardless of income level see for themselves what is being done. Show it online in real time.

 
 
 

Comment by Paul3triple | 2008-09-25 10:02:40

in sept, mccain has made the three biggest and unexoected moves.
Canceling the first night of his convention to keep the focus on Hurrican Gustav. The pick of Palin as VP and her speech shifted the political world for 2 weeks.
And again, McCain showed guts and put his country first to lead by example.
The patter of action from McCain directly feeds the narrative his camp wants.
Country first for Mac and Obama first for obama.
These 3 acts stole the news and swept poeple off their feet in dibelief. In good ways.
This latest act of leadership will engrave his leadership in poeples mind.
also, the debate will go on and that is the real beauty. It is on Foriegn policy, macs strong suit. He can afford to suspend his campaign because he knows foriegn issues as good as anyone.
He completely threw a wrench in obama’s plans and wiped out all of the negative coverage from skewed polling.
Mac is a brilliant chess player.

Comment by wodiej | 2008-09-25 10:21:10

ha, good, well said!

 

Comment by Phil Murphy | 2008-09-25 10:50:50

Brilliant Chess player - NOT - Desperate Hail Mary thrower - more like it. His poll numbers sinking, he threw up everything to see what would stick.

If he is such a leader, where was he last week when he could have made a difference? Why was he not on the phone with the members of the Senate Banking Committee at least once before yesterday?

Why did he ineptly call for Cox to be fired while we were in the midst of a major crisis?

He is floundering, and he has nothing really to do back in Washington that he could not do by phone save some votes.

Again, his voting record:

Missed Votes in the Senate

And the Winner is: John McCain with 412

Follow-up: Tim Johnson with 311

Honorable Mention: Barack Obama with 295

Comment by Jackie | 2008-09-25 13:15:18

412 votes over 18 years
295 over 4 years

Put your numbers in context.

McCain 22.8 votes per year missed

Obama 73.75 votes per year missed

Comment by Phil Murphy | 2008-09-25 13:54:23

So sorry - these stats are from the 100th congress only

 
 

Comment by Karma | 2008-09-25 13:35:33

Oh please, if you had any respect for the game you would admit they are brilliant plays.

Obama and team are busy playing race cards because McCain already owns this end of field.

He tried to resolve Freddie and Fannie but was blocked by the Dems.

Funny how phoning it in was a probelm with Bush and Katrina but you suggest McCain should do that now. Then in the next breath completely contradict yourself and complain that he has missed votes.

What a hypocrite.

This first solution is stalled while Reid claims no one knows what to do. All the other voices complaining, Dem and Rep, seem to know that oversight is needed. When McCain stated he is going back to Washington. Reid, the true desparate quarterback, suddenly finds a direction. And it is no longer looking like the plane the Dems were going to board such as they did with the oil vote.

Either way, as a Senator, McCain should be there to vote on this important legislation because hypocrites like you would continue to ignore his 2005 proposal and whine he didn’t vote on this serious legislation

While Obama would make an ad whining that McCain didn’t vote on it, ignoring the fact he didn’t either.

We’ve seen this play before with Obama.

McCain delivered a better one.

 
 
 

Comment by educatedwhitewoman | 2008-09-25 10:03:00

Just announced on Fox that the Republicans have said “not so fast” that a deal has been reached (the Dems keep saying that a deal is “close”). This would support Paulson’s call to McCain.

Comment by Matthew Weaver | 2008-09-25 10:08:51

It is to McCain’s advantage to examine and justify any deal in great detail. The public doesn’t like it and he needs to go the extra distance to make sure it is lean and necessary, nothing more.

Comment by Shiloh | 2008-09-25 10:14:21

But it’s important not to let Obaama and surrgoates label mcCain as trying to block a deal. He needs to be very specific about what is wrong with it and the public will agree.

Comment by Matthew Weaver | 2008-09-25 10:24:21

Yes, it will be a fine balancing act and one that Obama and the Dems in Congress will try to push him over one from the start. Maybe. I wonder if members of Congress up for reelection this fall will be too keen on signing on to an unvetted $700B+ giveaway?

 
 

Comment by pm317 | 2008-09-25 10:47:07

Well, it looks to me like the Dems are playing politics by sitting on their hands now so they can blame McCain and Bush for this flawed Bill. Republicans sense that and are therefore, urging McCain to do the right thing here.

 
 

Comment by Maverick | 2008-09-25 14:56:45

Did Bush really call Obama and ask him to get his a$$ back or is this made up by Obama Camp to make Obama look important. He’s running around saying that bush accepted his bailout plan.

 
 

Comment by athena | 2008-09-25 10:06:27

And Obama continues we need to continue with the debates because the people need to hear where the candidates stand on issues. First off, McCain is SHOWING where he stands on economic policies by ACTING. Second, Obama’s positions are going to change with the wind next week so where he stands now is not relevant.

Comment by Urban Hillbilly | 2008-09-25 10:11:35

No one care about debates when $700 billion of their dollars is at stake.

This is on the heels of Iraq war spending that we cannot afford. Budget deficits year after year…

I think Obama is way off the mark here.

 

Comment by Shiloh | 2008-09-25 10:11:43

Trading scripted answers on foreign policy is more important than the less than 48 hour window that exists to save the economy. That’s reality according to Obama.

Comment by kgirl1028 | 2008-09-25 10:23:20

come on Shiloh you know he worked really hard with his teachers over at Debate Camp. He just wants a chance to show off his new arts and crafts and what he learned about.

 

Comment by Vicki | 2008-09-25 13:15:10

McCain understands that passing a bill means more than either writing the bill directly or voting for it. There is a lot of strong-arming, pleading and persuading that has to be done (in the cloakroom, if you like), and 0bama doesn’t know how to do any of this. He can’t reach across party lines because he never has!

Shep Smith was just complaining because Ole Miss has spent so much money on the debate preparations and because the “journalists are already staying in people’s houses” and the debate arrangements can’t be redone at a later time because of football games coming up. Whoa, big deal. The country is facing the greatest crisis since WWII and he’s worried about hotel rooms and football games!

The media! all they care about is “let’s have a fight!”

Comment by Wisewoman | 2008-09-25 18:06:17

Are you aware that Shep Smith is an Ole Miss graduate? I live in Mississippi and I heard him say it on one of his newscast about 6 months ago. All those fans care about is football. Peyton Manning graduated from that SEC school as well as his daddy Archie Manning.

 
 
 
 

Comment by txchick57 | 2008-09-25 10:06:45

McCain ahead by 17 points among white women. This from NRO this morning.

McCain +17 Among White Women Nationwide?

In 2004, the national exit poll (weighted to the final count) showed Bush winning white women by an 11 point margin (55% to 44%).

The September 2008 Franklin and Marshall College Poll, released today:

The largest changes in candidate preference since our June survey are among fundamentalist Christians, white men, and white women. McCain’s advantage over Obama among fundamentalist Christians has increased from 8 points to 30 points; his advantage among white men has increased from 7 points to 28 points; and his advantage among white women has increased from 5 points to 17 points.

All usual caveats apply — this is a poll of registered voters, etc., a lot can change (nice sample size, though, 1,320). But if Obama loses white women by 17 points on Election Day, McCain wins the election, and we’ll probably be able to call it a night relatively early that Tuesday.

So, uh, how is Joe Biden feeling these days, anyway?

UPDATE: Another interesting item from F&M: Obama’s winning 9 percent of Republicans, while McCain wins 16 percent of Democrats. There were many hinky* things about the Washington Post poll earlier this week, but among them, they had 88 percent of Democrats backing Obama, but only 86 percent of Republicans backing McCain, a reversal of the trend from most other polls.

Comment by Urban Hillbilly | 2008-09-25 10:14:36

Thanks for that!

Lesson here for the democratic party– Don’t mess with white women! Stand up for them when they are called b****** and c****!

Comment by Peggy Sue | 2008-09-25 11:12:27

But remember, Urban Hillbilly, the Obama folks didn’t need us to win. They formed “The New Party,” of urbane, educated and cosmopolitan voters.

The rest of us? We could just stay home.

Not going to happen. I’ll mark my ballot with great confidence.

McCain/Palin ‘08

 

Comment by Seattle Moss | 2008-09-25 14:03:29

Let the Tsunami against the rats begin!

How dare you call me White Trash!

How dare you say I’m Bitter and have antipathy towards others not like myself!

How dare you threaten Sarah Palin with gang rape!

How dare you call Todd Palin a pedophile!

How dare you put down the star spangled banner!

How dare you call a war hero dishonorable!

How dare you use sexism against Hillary!

Yo swill..
Here is the raw data
McCain gets all the republicans
McCain gets half the independents
McCain gets a third of the democrats

You lose….Go away now!!

 
 

Comment by lark | 2008-09-25 10:24:31

Jill will be voting for McCain.

Biden: Who did you voted for Jill?

Jill: But of course I voted for Oblahblah darling, but of course. Grin.

 

Comment by Creature of Chicago | 2008-09-25 10:40:25

I went on the F&M website this a.m. because I heard a local radio host say their latest poll showed McCain winning the GE.

But their website wasn’t updated to reflect the latest poll. Is this from National Review Online?

Comment by Creature of Chicago | 2008-09-25 15:35:32

They uploaded the latest survey.
Has McCain up by 2%.

Some of their findings:

Perceptions about the candidates’ skills and abilities tend to provide an
advantage for John McCain. First, far more respondents believe McCain has the
experience needed to be president (Figure 2). He also has a clear advantage in
protecting the United States against terrorism and handling the war in Iraq.

 
 

Comment by Phil Murphy | 2008-09-25 10:55:11

I dont know the date of your poll, but this poll that comes out daily has way different:

Diageo/Hotline poll.

Obama/Biden 48%
McCain/Palin 42%
Undec 8%
Obama/Biden’s 6% lead is their largest in the Diageo/Hotline tracking poll yet.
Obama/Biden are moving ahead among white women. The Dems now hold a 1% edge, 46-45%; in the poll completed one week earlier (on 9/16), McCain/Palin led 53-37%.

And Rasmussen has Obama 3+ this morning.
Fox News yesterday Obama 6+

Lots for me to be happy about.

Comment by Tom Alongi | 2008-09-25 12:32:53

You and the rest of the CPUSA.
Thanks for your input Comrade! BTW Don t forget to make out your check for Public Allies, We need all the children re educated, You know we have to teach them the Change mantra, and the Obama truth..
America is a down right mean country! Just like Michele the commies belle states…
PS BURN YOUR FLAG OR JUST STEP ON IT LIKE BILL AYRES
TAUGHT YOUR Messiah…

 
 

Comment by McHope | 2008-09-25 11:03:18

Thanks for pointing out how strange it is that so many demographics have moved toward McCain, but the polls would have us believe Obama is ahead?

What’s the motivation to do this?
Won’t it make Obama look worse when he underperforms the polls so greatly?
Or will they say everyone lied in the polls because they are really secretly racist?

Comment by Creature of Chicago | 2008-09-25 11:17:49

What’s the motivation to do this?

Voter suppression.

Won’t it make Obama look worse when he underperforms the polls so greatly?

Didn’t seem to bother anyone during the primaries when Hillary was wiping the floor with him.

 

Comment by Vicki | 2008-09-25 13:46:02

What’s the motivation to do this?

The closer or more intriguing the polls are, the more people tune into the news or read the newspapers. It jacks up their numbers and sales.

Watch: after the elections the newspapers will post another series of layoffs, mergers, or outright shuttering their operations.

Comment by Maverick | 2008-09-25 14:59:44

It justifies the stolen votes!

 
 
 

Comment by mcpalin hill | 2008-09-25 12:07:45

Txchick57 Saw a poll on Fox News which shows that McCain is backed by 92% of Republicans while Obama is backed by 74% of Dems. Likely voters is whats important now. While I like the results of the poll you quote — I would be happier if it mentioned likely voters instead.

However, the signs are all there for a big McCain win. The percentage of Hill Dems not supporting Obama remains at 42% since June. The media however, is loathe to say how many of those are voting McCain but I expect the number is huge and this is why Obama will jetison Biden for Hillary after October 2.

 
 

Comment by Annie Oakley | 2008-09-25 10:08:04

This former Democrat will have no problem voting for this Republican.

Fifth and finally, no Wall Street executives should profit from taxpayer dollars. Let me put it this way: I would rather build a bridge to nowhere — and put it square in the middle of Sedona, Arizona — than take money from teachers and farmers and small business owners to line the pockets of the Wall Street crowd that got us here in the first place. And I can assure you: if I have anything to say about the matter, it’s not going to happen.

Comment by Urban Hillbilly | 2008-09-25 10:16:31

That was a great passage from the speech!

 
 

Comment by NoBO | 2008-09-25 10:08:42

Biden helped create this mess by working to change the bankruptcy law, making it more Dickensian. Now, we need to reform that stupid law but Obama is standing in the way, according to Mark Haines this morning on CNBC. From the NYT:

At the same time, Congressional Democrats said they were prepared to drop one of their most contentious demands: new authority for bankruptcy judges to modify the terms of first mortgages. That provision was heavily opposed by Senate Republicans.

http://www.nytimes.com/2008/09/25/business/economy/25bush.html?_r=1&adxnnl=1&oref=slogin&ref=todayspaper&adxnnlx=1222354958-vlvZN8pmc3Ab3dgvtk/yiA

Comment by txchick57 | 2008-09-25 10:11:33

To be fair, I doubt that Nobama opposes the idea, just thinks that it would be an unnecessary drag on quick passage of this bailout bill. And it would be.

Comment by Annie Oakley | 2008-09-25 11:00:55

To be fair, the dems have always copped out this way and that is no change I can believe in. If they can’t get anything done to bail out the little guy when they’re giving the former CEO of Goldman Sachs $700B to bail out his buddies, when can they?

 

Comment by Maverick | 2008-09-25 15:01:37

Nobama is irrelevant. His vote doesn’t matter. PRESENT! vote the bum out.

 
 

Comment by Matthew Weaver | 2008-09-25 10:12:27

Yes, I’m wondering where this fits in–especially as they Wall Street firms are avoiding it by going to Congress for money. Does any know where Obama was on the Bankruptcy law? If I recall correctly, Biden was a supporter. It has some very bad, taxpayer unfriendly changes. Now may not be the time to fix it but maybe it should be on the table.

Comment by Jackarooty | 2008-09-25 10:28:40

Obama voted against it. HRC didn’t vote because that was the day the Big Dawg had his heart surgery.
She was against the the BK changes though and would have voted no.

 
 
 

Comment by Sassy | 2008-09-25 10:09:39

“Leadership…Duty…I intend to join it…No problem we cannot overcome if we meet it together”.
Wow! McCain so impresses me when he goes into action!
This is the guy I want heading our charge into the future!
Thank you Susan for posting the entire content.You and Larry are doing our country a great service, and we are really grateful!

 

Comment by jjran | 2008-09-25 10:11:06

Are there anymore brian dead people out there still planning on voting for Obama. If you have a half brian and you saw what happened in the last two days….and I feel sorry for your mother for bringing you into this world. Obama is useless. Leaders of the his own party are going to McCain for help not “the One”.

 

Comment by Larse12 | 2008-09-25 10:11:28

Anybody have Obama’s little speech on tape when the teleprompter quit and he was stumbling around? Please put that on You Tube!! Amazing people would even think of voting for this guy.

 

Comment by Kevin | 2008-09-25 10:12:05

Since when is doing your job a political gimmick?

booboo is just peeved that he didn’t think of it first.

 

Comment by JAY in Los Angeles | 2008-09-25 10:13:06

I have no doubt that criminals now have that missing 700 billion dollars. I have no desire to replenish those funds for them. “It will be worse if we don’t bail out Wall Street” is the current meme. REALLY? Worse for who? What are the negatives on both sides?

WE DON’T KNOW.

I’m deeply disturbed by this turn of events.

Comment by kgirl1028 | 2008-09-25 10:19:39

how about this if you don’t replinish them, people will be homeless and job less, and break into your house. Be disturbed by that.

Comment by Annie Oakley | 2008-09-25 11:05:25

Chances are good that all that is still going to happen with the difference being that Wallow St. will be back in the business of braying about the free market. Everyone knows that business will be hurt if credit dries up, the question is does liquidity have to be made available by bailing out the entire business ponzi scheme? If the government is concerned about credit to business, they could take a more direct root. The problem is that we are having a recession, that many businesses don’t have business, not that they don’t have credit.

 
 
 

Comment by kgirl1028 | 2008-09-25 10:14:43

See people, that’s what hope get’s you. A snub, a momentary glance, a roll of the eyes, and then back down to his own radiant reflection.

 

Comment by kgirl1028 | 2008-09-25 10:15:28

screw hope and demand results.

Comment by lark | 2008-09-25 10:40:02

kgirl, you are my hero.

Comment by Phil Murphy | 2008-09-25 10:57:27

Lark - You need to get higher standards.

 
 

Comment by dixie | 2008-09-25 10:42:42

Ol gator mouth Rush Libaugh said Obama’s idea of “hope” is just an excuse not to do anything. :)

 

Comment by dixie | 2008-09-25 10:43:04

Ol gator mouth Rush Limbaugh said Obama’s idea of “hope” is just an excuse not to do anything. :).

 
 

Comment by Amy Crunch | 2008-09-25 10:15:57

No Wall Street executives should profit from taxpayer dollars. Let me put it this way: I would rather build a bridge to nowhere - and put it square in the middle of Sedona, Arizona - than take money from teachers and farmers and small business owners to line the pockets of the Wall Street crowd that got us here in the first place. And I can assure you: if I have anything to say about the matter, it’s not going to happen.

That’s a great quote.

Comment by bemused | 2008-09-25 10:31:24

It has a local meaning, though. McCain has a home in Sedona. Because Sedona is one of the world’s beautiful spots, it is now a tourist dump because of all the people coming to see the beauty. The town has a faction that wants to put in a big bridge so more people can come in and trash the scenery worse. The other part of town thinks such a bridge would not improve the scenery which brought the people that caused a need for a bridge.

Comment by Urban Hillbilly | 2008-09-25 10:47:27

That’s the type of detail I love! Thanks.

 
 
 

Comment by IronMan | 2008-09-25 10:16:37

McCain’s speech was brilliant and authentic. He took the time to be there in person. That says a lot. Now he is headed to the White House to work for the American people.

Obama, he’s still hanging outi nhis hotel in Florida.

Obama’s speech form Florida was a disaster. That is being generous. He looked like a deer ni headlights when the prompter was messing up. Just stared into the camera. And he looked VERY tired. Too much sun in Florida I guess for Barry.

Obama spokesman, Bill Burton, just on FOX News saying that Obama has been following this matter very closely.

“He’s been in constant contact with Harry Reid and Speaker Pelosi.” yadda, yadda, yadda

The same Harry Reid and Speaker Pe4losi that don’t know what to do and asked McCain to come to Washington to tell them what to do?

Barack Obama is just phoning it in, as usual.

Obama chatting by phone with Harry Reid and Speaker Pelosi in between room service meals from his hotel in Florida. Wow, thank God Obama is such a hard worker in all of this.

LOL!

Bill Burton’s ignorance cracks me up. He is one funny tool.

Comment by benny | 2008-09-25 10:21:45

yeah, Obama looks very tired. hope he hasn’t gone from HOPE to DOPE. ;-)

Comment by Capt Howdy | 2008-09-25 10:42:14

actually DOPE to HOPE and back to DOPE

 
 

Comment by bert | 2008-09-25 10:43:47

“Obama spokesman, Bill Burton, just on FOX News saying that Obama has been following this matter very closely.

“He’s been in constant contact with Harry Reid and Speaker Pelosi.” yadda, yadda, yadda”

The translation on this, Iron Man, is that the Democrats are not trying to solve the problem for the American people. Instead, Democrtas are discussing how best to make this crisis a way to gain more power by taking over the White House for more of their socialist, communistic policies and programs.

Comment by Docelder | 2008-09-25 10:52:21

Speaking on Burton…doesn’t he just remind you of the kid who sat in the back of the class and was always getting into trouble?

 
 

Comment by Phil Murphy | 2008-09-25 11:00:05

God I hate bringing this up, but someone has to take the mud from your eyes:

McCain has been most absent of all. Where was he last week? Why did he not speak to ANYONE of the Senate Banking Committee until yesterday?

Is that leadership, or stewing over bad polls.

Missed Votes in the Senate

And the Winner is: John McCain with 412

Follow-up: Tim Johnson with 311

Honorable Mention: Barack Obama with 295

Comment by Seattle Moss | 2008-09-25 12:32:44

What that shows swill is that both McCain and Obama have been running for President in this last congress.
Why don’t you go back every year and find out how they voted.
For Obama it’s only been about running for President

Comment by Phil Murphy | 2008-09-25 14:01:16

Seattle - Thanks for Asking

Corzine beat them all ( his accident probably) with 136/230 cast

McCain had 58/587

and poor old Obama was a good boy and missed only 11 out of 635.

All of this from the congressional record.

 
 

Comment by Jackie | 2008-09-25 13:35:46

Good Grief
The number of missed votes is for total time in office.

Which equates to 22.8 missed votes per year for McCain and 73.75 votes per year for Obama.

Comment by Phil Murphy | 2008-09-25 14:02:07

Only the 110th congress

 
 

Comment by WynterSkye | 2008-09-25 14:19:09

What a ridiculous argument. Break down the votes and missed votes into categories, such as votes for senate bills, you know those pesky little pieces of legislation that have and SB in front of them, from votes for all the meaningless resolutions proclaiming yet another honorific upon some relatively unknown person, proclaiming today a day of celebration of whatever today’s caring cause is, or naming of yet another government building for some big donor in the district where the building is located..

Comment by Phil Murphy | 2008-09-25 14:29:55

Winterskye - Its a fair argument. But the McCain people have accused Obama of not being present for a vote, when in fact he voted for the same bill the day before that did not pass.

I agree that the vote tallies could be misleading, but when you hear day in and day out how McCain has been there, active in congress, the votes for both the 109th and 110th congress show a different picture.

The best thing to do would be as you say, break it down into all the major bills, and looks to see who voted and when. And it would be fair to include votes on bills that did not pass immediately, as both John McCain and Obama might have voted for one version, but have been out of town on another.

 
 

Comment by bert | 2008-09-25 20:28:40

This is the second or third time I have seen this comment on this thread. These your new talking points from camp obama?

 
 

Comment by untilthelastdogdies | 2008-09-25 12:24:04

Well, all I can say to Bill Burton is this: If your guy was following this crisis so closely, why the hell can’t he recollect the #1 point in his speech without waiting for the damn teleprompter to tell him what it is???

He fails at every turn to speak extemporaneously. You could tell he was really irritated after it happened the second time. The bottom line is that he reminds me of Bush, take away the huge stadium crowd and the polished productions and you have an unprepared, egotistical, arrogant ass.

He’s so damn busy trying to win Florida over to his column tha the can’t see the forrest for the trees.

Comment by Creature of Chicago | 2008-09-25 12:48:24

Well, all I can say to Bill Burton is this: If your guy was following this crisis so closely, why the hell can’t he recollect the #1 point in his speech without waiting for the damn teleprompter to tell him what it is???

I’ll take a crack at this one:

brain freeze caused by too much hopey changey bong?

 
 

Comment by Maverick | 2008-09-25 15:04:27

Didn’t Reid say he was going to go on vacation because he and Nancy pooposi didn’t know what to do?

 
 

Comment by John House | 2008-09-25 10:19:09

Yay, open thread! I missed the last one yesterday.

So I guess I get to pimp my store again. Recall, all sale of Hillary and PUMA items go towards Clinton’s Debt Retirement Fund. I have added a line that is non-election specific, for kids and adults:

Rodham Elementary: Because It Takes a Village
(I don’t know why my link isn’t working in the preview…but it’s at the Puma Pride store, under the Hilldog & Big Dawg section…click the McCain Retro link below, I don’t know why the other link wasn’t formatting or working properly :( )

What’s most funny is that I’ve gotten most of my (albeit small, since I haven’t pimped much) sales from the PUMA, McCain and Clinton stores (in that order). I do have an Obama store as well (because of demand, and I also don’t want someone ripping off my style), but I have yet to make a sale off of it (though I’m sure once I start pimping it I’ll get some sales).

Please take a look! And for those who aren’t into the cutesy stuff, I’ll be adding more to my Retro McCain/Palin line soon enough.

– PUMA John
Reject the Coup!

Comment by Maverick | 2008-09-25 15:06:43

Shouldn,t the empty suit be paying off her debt since he stole the nomination from her and she is on the trail for him now? This smells. No matter how much we donate the balance stays at 24M. Strange.

 
 

Comment by dixie | 2008-09-25 10:20:01

$700 billion, maybe that will keep them from jumping out of their windows for a few days. Too bad. Fly baby fly.

Comment by Annie Oakley | 2008-09-25 11:09:50

I love the part where they tell us we can’t afford Social Security and that those unemployed people can’t expect benefits to be extended and no one needs food stamps or job training, etc. I’m with you.

 
 

Comment by ChangeIcanBelieveIn-McCain | 2008-09-25 10:22:44

This is the kind of speech I need to hear. This is the connected mind of true Gov’t Service for the people, of the people, and with the people in mind. You don’t hear this kind of STATESMANSHIP from adolescent Obama. He’s been out shined, out leadershipped, out manuvered, and spanked by McCain. Obama should want to shut up & sit down before he really screws something up. And we can’t afford a screw up right now with this going on. REALLY!! SERIOUSLY!!

 

Comment by LizfromFL | 2008-09-25 10:26:53

I haven’t been able to read the previous posts and someone may have already said this…but if the people of this country have any brains at all THIS should be the TRUE “Swiftboat” that brings down Obama. Of all the many true things Republicans could use now and in October, THIS really shows the emptiness of Obama in the area of “leadership,” and it shows the Democrats as being most at fault for the worst financial disaster, or hopefully just potential disaster, since 1929.

 

Comment by cat | 2008-09-25 10:28:01

http://www.johnmccain.com

sign up to make calls for mccain

tell the good people of those swing states that Johnny Mac will prevent Wall St. execs from lining their pockets with our tax dollars.

Comment by Jackie | 2008-09-25 10:37:31

The McCain folks are Very happy to have any help. They happily accept all comers young, old, vets, teens, moms, Dems, Indys, Pagans, muslims, Christians, gay and straight. If you put your country ahead of yourself you are a great fit in McCain Country.

I know they let me play every week. :D

 

Comment by Phil Murphy | 2008-09-25 11:05:39

Are you going to mention the money that has lined the pockets of John McCain and his advisors:

I doubt it. Phil Gramm, Rick Davis, Charlie Black - all lobbied for the very firms being bailed out.

Its like Captain Renault from the Movie Casablanca - ” I’m shocked, shocked to find that gambling is going on in here!”

lmao

Comment by cat | 2008-09-25 11:25:37

the Rick Davis stuff is a pile of nonsense.
And you know it.
Lets talk about Franklin Raines…

Comment by McHope | 2008-09-25 11:33:25

Jim Johnson anyone?

Comment by WestPalm2008 | 2008-09-25 12:29:35

Penny Pritzker for BO/BI 2008?

 
 

Comment by Phil Murphy | 2008-09-25 12:07:30

Sorry Cat - Its all over the media. McCain’s group is rife with people who have lobbied that financial houses that have folded.

And its Davis’ own firm, that he owns a stake in.

Go look it up.

 
 

Comment by Jess_Terr | 2008-09-25 12:23:07

troll, can you screech any louder? no one can hear you.

COUNTRY FIRST!!!

 

Comment by Maverick | 2008-09-25 15:08:38

Stuck on stupid much Phil Murphy?

 
 
 

Comment by Lennytoons | 2008-09-25 10:31:04

Obama reminds me of a pedestrian who’s a witness to a horrible car accident but he’s late for an appointment so he can’t stop and help anybody. We want this guy as POTUS?

 

Comment by dixie | 2008-09-25 10:32:45

And to think. Most the states have just finished tearing down and replacing all those old (1936???) WPA concrete bridges trying to get rid of the last visible memories of the Great Depression.

A VOTE FOR OBAMA IS AKIN TO DIGGING UP HOOVER AND APPOINTING HIM. He (Obama) is all for that great socialist wellfare state. Saying WE should open the credit gates–WTF.

 

Comment by Paul3triple | 2008-09-25 10:33:25

Jay, are dumb or just play so on the internet? Our credit is froze right now. that trickles all the way down. From college kids to construction companys to homeowners to car loans to lenders and borrowers.
Also, what we are using the money for has the potential to make US alot of money.
Example: we buy these bad investments for 10 cents on a dollar. A year or so from now we resell for 20 cents or 30 cents on the dollar(OR MORE)
Potentially it could be a HUGE net gain for our treasury and really just a loan from taxpayers.
Your an Obama supporter, so i am not sure why you care. Obama has a Global Poverty Bill in the senate with a price tag of 835 billion dollars on it for the UN to give away to poor nations of lawlessness.
You remember the food for oil scandal right?
Jay in LA does not want us to infuse our AMERICAN MARKETS with liquidity and unclog the valves but he has no problem sending A LARGER AMOUNT OF MONEY TO FORIEGNERS.
Jay does not support the bail out but he DOES support over a trillion dollars in new spending proposed by obama. Your totally assbackwards. If you do not know who this bill helps or how our economy is being effected maybe you would study and understand before putting your dick in your mouth with nonsense.

Comment by bert | 2008-09-25 10:49:44

Jay is not an Obama supporter. Check out the Liberal Rapture site. He is OK. I understand his misgivings about giving Wall Street a bail out. Let the bastards go bankrupt is my first reaction. However, I also understand that if that occurs the entire nation goes bankrupt and ordinary citizens will be hurt badly. So something needs to be done. NOW.

 
 

Comment by Tristan | 2008-09-25 10:34:08

About half of this problem is caused by Freddie Mac and Fannie Mae and the government’s lax oversight - particularly the Democrats. I say that as someone who is pretty close to the problem. Those two companies made trillions of dollars of loans to people who should have never had mortgages. Don’t blame the borrowers too much - if someone’s giving you free money you generally take it.

About a quarter of the problem was caused by rating agencies. These agencies ran some statistics on certain mortgage-backed securities and pronounced that it was grade A paper. Investors then bought the securities based upon the pronouncements of the rating agencies. These rating agencies deserve to be put to death.

Another eighth of the problem can be blamed on the accounting firms. Every investment bank had audited financials - audited by the big six. Did any of those audits look at the quality of the assets on the balance sheets? Now we know that the audit opinion is worthless.

Then the last eighth can be blamed on Republican deregulation, including Cox at the SEC. A few years ago, Cox allowed five investment banks to up their leverage from 12:1 to 30:1. These banks are: Lehman, Merrill, Morgan, Goldman, and Bear. Now three of them are out of business.

When 9/11 hits, the airline industry gets a bailout and nobody complains. But nobody likes Wall Street “fat cats” - rich people are always an easy target - so there’s a lot of opposition. But as you see from my list above, while the investment banks were overleveraged, they were actually not the root cause of the problem, and plain old banks like WaMu and insurance companies like AIG are pretty much blameless, yet because they ended up with the bad paper, they’re the ones that are getting hurt.

Comment by Urban Hillbilly | 2008-09-25 10:51:00

Thanks for that explanation.

 

Comment by NomNomNom | 2008-09-25 11:26:39

Well I sure as h#ll did complain about the airline industry bailout, but it’s true I was in a small minority.
I don’t have enough freaking money to fly on a plane, and planes don’t move anywhere close to the majority of cargo; barges and trucks do.
I don’t give a f#ck that some rich person can’t fly to their other home, or some business man has to drive instead of fly because companies won’t contract locally and business that could be done via the phone and internet is instead done by travel.
And I feel the same way about the freaking equity firms, banks, and corporations. I don’t own any freaking stock and I don’t come close to having $100,000 in the bank. Neither do most people. I want the loans of Fannie Mae and Freddie Mac transferred to what banks are still solvent and FM & FM permanently shut down. And to pay for it I want the freaking personal and business assets of everyone involved (CEOs and boards that have engineered and profited by this crap) frozen, the viable companies sold off to the highest bidder, and all of these f#cking crooks tried for treason. And punished accordingly with a firing squad if they are found guilty (which if the judiciary weren’t as illegitimate as the rest of the government would be a surety).

 

Comment by ablebodied | 2008-09-25 11:51:44

good explanation…You left out the credit rating agencies who rated F worthy crap as AAA, allowing the banks to justify giving the loans for all the bullshit CDO’s, RBE’s, Collateralized Debt Obligations, Real Estate Backed Equiy. Please everyone check out TheBigpicture and CalculatedRisk blogs for very good analysis. They, and many other non-MSM financial blogs, have been railing about this for the last two years that I’ve been paying attention. Thanks.

 

Comment by Rob in Chicago | 2008-09-25 12:46:03

A lot of those mortgage backed securities were bought by foreign investors who were somewhat aware that the securities were not government backed, but were given the wink that they would be backed by the government. Those foreign governments and foreign investors backed and financed the housing boom and our economic growth. They fully expect to be made whole by this bailout, and if we were to chase away this foreign investment, our economy would go into recession or depression quickly. Mention was made that this must be resolved before those foreign markets open on Monday morning, or the foreign dollars and investments that have held up our economy for the past several years will be history.

 
 

Comment by Sara | 2008-09-25 10:34:49

Can someone explain to me what economic credentials or achievements Barack Obama has that make some voters believe that he knows more about the economy than John McCain? What is his proposal in solving the current economic crisis?

Comment by Matthew Weaver | 2008-09-25 11:01:34

He’s surely slept at a Holiday Inn Express sometime in the past couple of years…

At Chicago Annenberg Challenge, he worked for terrorist William Ayers to spend over $160M. Results, though, were certified failure on all accounts according to national Annenberg Challenge.

He spent Woods Fund money, but no info on results.

He snagged earmarks for Michelle’s employer and she got a 3x raise–probably his biggest and most direct success to date. One I’m sure Michelle appreciated.

Comment by Creature of Chicago | 2008-09-25 12:53:32

wow, what an impressive list of epic failures.

 
 

Comment by Urban Hillbilly | 2008-09-25 11:39:56

Obama benefits solely on the economy by having a “D” by his name.

 
 

Comment by Lorey | 2008-09-25 10:35:41

Hillary supporters we must vote for MCain on November 5.

We shall make history that day and prove that we cannot be bought by the almost half of billion dollars that Obama has spent in his search for power.

That we are free from party ties and owners of our votes.

NObama!!!NOcrap!!!!

Hillary shall rise in 2012.

Comment by Jackie | 2008-09-25 10:40:06

NOVEMBER 4th

 

Comment by mcpalin hill | 2008-09-25 12:33:09

lorey — Hill Dem here voting McCain.

 
 

Comment by William L. Donlon | 2008-09-25 10:35:48

Again, It’s not about how you know:

Do you think Bush chose the Neo Cons OR did the Neo Cons choose Bush??

I don’t doubt you know, but How do you know?

Some times it’s “Through The Looking Glass”.

Why isn’t Hillary VP???

Why did the CEO of a Failed lending institution get to “Vet” and Choose—Biden??

Why did the CEOs of failed lending institutions choose Biden?? (that is a different question from the one above)

What leverage does this give Biden???

Why did the CEOs of failed lending institutions choose Obama?

Why do the CEOs of failed lending institutions want both Obama and Biden in Washington today?

Why does Obama’s “Chicago Mafia” want Obama any place but Washington today?

There is no need to ask why there is conflict between the Chicago Mafia and the CEOs of failed Lending Institutions.

Who do you think the CEOs of failed lending institutions asked to run interference for them with the Chicago Mafia??

How do you think that conversation went???

Do you think McCain has figured this out and is playing the seams??

Now that I got us here, it’s a matter of back checking.

I understand you question, but everything doesn’t come down to a blue link.

There is real trouble between the Biden “People” (containment) and the Obama “People” (separation).

It came out in the opening between Biden and Axelrod yesterday.

Comment by lark | 2008-09-25 10:44:27

That’s real interesting. I want to know more about that.

 

Comment by dixie | 2008-09-25 10:56:10

FBI is looking into it.

 
 

Comment by Capt Howdy | 2008-09-25 10:35:55

glad someone in this race is sounding like a democrat

Comment by bert | 2008-09-25 10:50:55

Good one!!!!!

 
 

Comment by Objective Analysis | 2008-09-25 10:37:18

credit crisis already beginning

China has been ordered to stop lending to US Banks.

(http://www.reuters.com/article/marketsNews/idUSPEK16693720080925)

With China being our biggest lender with this credit crisis, that is a HUGE PROBLEM for America.

I guess Obama and the DEMS want capitalism to fail so that communist, socialism will take care and Obama will be Robinhood. Isn’t that what got us into this mess with fannie mae and freddie mac?

Comment by lark | 2008-09-25 10:47:26

The Chavez approach. Don’t worry, he’ll chime in pretty soon too.

 

Comment by Matthew Weaver | 2008-09-25 11:03:47

Fine. U.S. should stop buying from them. Period.

 

Comment by untilthelastdogdies | 2008-09-25 12:38:24

The Chinese have been waiting to call-in their loans and plunge us back into economic decline. They will either seize the opportunity, or wait to cripple us us another day…

The Cheshire Cat is grinning across the international date-line.

 

Comment by Maverick | 2008-09-25 15:14:09

I guess Obama and the DEMS want capitalism to fail so that communist, socialism will take care and Obama will be Robinhood. Isn’t that what got us into this mess with fannie mae and freddie mac?

This is a very astute observation I must say. I agree . But according to Nobama it’s Fannie Mac and Freddie Mae! LOL Just call them the fannie pac

 
 

Comment by Seattle Moss | 2008-09-25 10:38:02

Here is more evidence that Bill Clinton is a maverick centrist who actually wants McCain
Both Hillary and Bill refuse to talk negative about Sarah and Bill won’t go there in attacking McCain
Sweet!!
http://blogs.abcnews.com/politicalradar/2008/09/bill-clinton-do.html

 

Comment by IronMan | 2008-09-25 10:41:38

http://blogs.abcnews.com/politicalradar/2008/09/bill-clinton-do.html

Bill Clinton this morniing:

McCain acted on ‘good faith’ for debate delay

“We know he didn’t do it because he’s afraid because Sen. McCain wanted more debates,” Clinton said, adding that he was “encouraged” by the joint statement from McCain and Sen. Barack Obama.

“You can put it off a few days the problem is it’s hard to reschedule those things,” Clinton said, “I presume he did that in good faith since I know he wanted — I remember he asked for more debates to go all around the country and so I don’t think we ought to overly parse that.”

Tell it Big Dawg!!

Obama is crying now. LOL!

McCain-Palin ‘08
Hillary ‘12

Comment by Crystal | 2008-09-25 10:47:14

I love the Big Dawg!

 

Comment by Matthew Weaver | 2008-09-25 10:47:36

Is there anyone beyond the nutroots gangs and some media hacks that are siding with Obama at the moment?

 
 

Comment by rapp | 2008-09-25 10:42:45

Mccain understands the economy, he is in charge of the commerce committee. He doesn’t know as much as Romney knows, stuff that really isn’t important to know unless you invest in the stock market for your living.

Comment by NomNomNom | 2008-09-25 11:33:20

lol, I hope that was sarcasm.
“According to its Web site, the Commerce Committee oversees 13 areas, beginning with the Coast Guard, and continuing through “regulation of consumer products and services … except for credit, financial services, and housing” — the very areas now in crisis.
The full list of Commerce Committee oversight areas follows:
1. Coast Guard.
2. Coastal zone management.
3. Communications.
4. Highway safety.
5. Inland waterways, except construction.
6. Interstate commerce.
7. Marine and ocean navigation, safety, and transportation, including
navigational aspects of deepwater ports.
8. Marine fisheries.
9. Merchant marine and navigation.
10. Nonmilitary aeronautical and space sciences.
11. Oceans, weather, and atmospheric activities.
12. Panama Canal and interoceanic canals generally, except as provided
in subparagraph (c).
13. Regulation of consumer products and services, including testing
related to toxic substances, other than pesticides, and except for
credit, financial services, and housing.
14. Regulation of interstate common carriers, including railroads,
buses, trucks, vessels, pipelines, and civil aviation.
15. Science, engineering, and technology research and development and
policy.
16. Sports.
17. Standards and measurement.
18. Transportation.
19. Transportation and commerce aspects of Outer Continental Shelf
lands.”

http://voices.washingtonpost.com/the-trail/2008/09/16/mccain_seeks_to_recast_commerc.html

Comment by Matthew Weaver | 2008-09-25 11:42:23

So, you’ve got Interstate Commerce and Transportation. The two mainstays to our economy.

This isn’t a minor area, which is what I suspect you are trying to suggest.

Comment by NomNomNom | 2008-09-25 20:06:47

no I am saying it isn’t finance & housing.

 
 

Comment by Maverick | 2008-09-25 15:17:13

This is just a small portion. Try including the entire ball of wax. It’s much worse than they are saying.

 
 

Comment by Jackie | 2008-09-25 13:42:03

However, you will note that McCain took time to meet with “smart guys” on the economy before heading back to DC.

He spent several hours with Romney and Wall Street leaders to get a better picture of their view of this mess.

Comment by Phil Murphy | 2008-09-25 14:05:15

Jackie - I guessed you missed Obama’s press conference LAST week where he had all of Clinton’s former economic advisers and a Nobel Laureate in Economics, speaking about the crisis.

He has been out there every day talking with the leaders in congress.

Where was McCain? A no-show until yesterday.

Comment by Maverick | 2008-09-25 15:19:54

Yeah it’s the same old Washington with Nobama and he ran his primary platform on change. Using clintons advisors and campaign manager are not change OBOTS! It’s the same old wahington insider thing or do you care?

 

Comment by Ferd McBerfle | 2008-09-25 20:09:18

That just tells me, once again, that the democrats picked the wrong candidate. You can’t win for losing, huh?

 
 
 
 

Comment by requiredreading | 2008-09-25 10:44:20

Obama: “Multi-tasker of the Free World”

McCain: “Leader of the Free World”

Comment by Firefly | 2008-09-25 10:58:33

MULTI-TASKING is a job requirement of administrative assistants, lower- and sometimes mid-level managers. The President’s staff need to be good multi-taskers.

You don’t often see multi-tasking on the job description of chief executives. You see LEADERSHIP.

Maybe 0bama could be McCain’s admin…

Comment by requiredreading | 2008-09-25 11:26:34

Hmmmm, I don’t think he has enough experience even for that. Even multi-taskers are supposed to actually get things done, not just talk about getting things done…..

Comment by Zeke | 2008-09-25 14:08:09

Arugula taster…

 
 

Comment by McHope | 2008-09-25 11:43:52

Yeah, yeah, yeah.
Obama can use that multitasking mantra when he holds a meeting as chariman of the U.S. Senate Foreign Relations Committee’s Subcommittee on European Affairs.
He said himself he was too busy running for president.
WHEN WILL SOMEONE IN THE MEDIA CALL HIM OUT ON THIS!!!???!!!

 
 
 

Comment by Paul3triple | 2008-09-25 10:45:26

on experience McCain has Obama crushed in the economy.
He was the head of the Commerce comittee for years. During the 90’s he was heading it. That was the greatest financial boom in our history. If we actually had reporters instead of propaganda pushers they would say this.
Instead they push the obama distortion of mac saying he doesn’t know much about the economy.
Even though, he was clearly comparing his foreign policy knowledge with his economic knowledge.
McCain has alot more experience. He was a senator during 2 decades of American financial dominance.

 

Comment by CB | 2008-09-25 10:45:35

After the DNC shoved the nomination to Bambi,
he was boasting that he wanted Lincoln/Douglas style debates with McCain, which is what Hillary challenged him to. Of course, he never followed through.

The same team that made Kerry succinct for his debates is working on tightening up this bag of air. Remember that he was bored with
policy in the Senate and started running for President after one year. Emil Jones, Jr. had hard-working Dem legislators throw their work to Obama so he could “make himself a U.S. Senator” and received plentiful earmarks in return.

Obama doesn’t have much depth behind him.
He has to memorize, which could get scrambled up if the debate is delayed. He needs a transmitter such as Bush read with an earpiece directly to Hillary.

Go Bama! Replace the Texas machine with the Chicago machine!

 

Comment by CB | 2008-09-25 10:48:18

erratum: transmitter such as Bush had (attached to his back)–the hump we saw on
the videos that were taken from behind–photos from a rear view were not supposed to
have been taken according to the rules book for the debates (300 pages?).

Comment by lark | 2008-09-25 11:01:19

Maybe this has been posted already.

From the Washington Times

Tony Blankley
Wednesday, September 24, 2008

OP-ED:

The mainstream media have gone over the line and are now straight out propagandists for the Obama campaign. While they have been liberal and blinkered in their worldview for decades, in 2007-08 for the first time, the major media are consciously covering for one candidate for president and consciously knifing the other. This is no longer journalism — it is simply propaganda. (The American left-wing version of the Volkischer Beobachter cannot be far behind.) And as a result, we are less than seven weeks away from possibly electing a president who has not been thoroughly and even half way honestly presented to the country by our watchdogs — the press.

 
 

Comment by benny | 2008-09-25 10:50:41

I doubt whether Barry Soetero is an american. He goes all out to prove that he isnt, by his actions. All he wants is to be president. damn the people, damn the economy, damn everybody who is in his way. Oh yeah, his pastor did say God damn America, didn’t he? hmm……

 

Comment by Sugar | 2008-09-25 10:53:13

John McCain is the true leader in this election season. America can not be so stupid as to vote BHO into office.

 

Comment by IronMan | 2008-09-25 10:53:40

Pakistan fires on US helicopters patrolling Afghanistan

http://www.mister-info.com/?cmd=displaystory&story_id=11183&format=html

Rest easy, as soon as Obama finds his phone, I’m sure he will send Pakistan a text message.

 

Comment by Hank | 2008-09-25 10:54:37

These people Democrats and Republicans need to give back every cent they have received from Freddie Mac and Fannie Mae and AIG.

 

Comment by WMCB | 2008-09-25 10:58:48

There goes that crazy Bill, being truthful again:

Fox News Blames Democrats for Financial Crisis, Bill Clinton Agrees

http://newsbusters.org/blogs/noel-sheppard/2008/09/25/fox-news-blames-democrats-financial-crisis-bill-clinton-agrees

Going very much against the media meme that the current financial crisis is all George W. Bush and the Republicans’ fault, Bill Clinton on Thursday told ABC’s Chris Cuomo that Democrats for years have been “resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac”

Whether he knew it or not, Clinton was going against virtually all press outlets that have been pointing fingers at Republicans since this crisis began, and likely much to the dismay of such folk actually agreed with a Fox News segment aired on Tuesday’s “Special Report”

 

Comment by IronMan | 2008-09-25 11:00:17

In John McCain, Bill Clinton has found a candidate he can believe in.

;)

 

Comment by ugo | 2008-09-25 11:04:50

Thank you for contributing. Comments are moderated by CNN and will not appear on this story until after they have been reviewed and deemed appropriate for posting. Unfortunately, due to the volume of comments we receive, not all comments can be posted.

That is the comment you get when you post message on CNN site.

Thank you very much Larry for given us this medium

 

Comment by IronMan | 2008-09-25 11:12:07

Barack Obama and the DNC has filed a Motion to Dismiss the lawsuit filed against Barack Obama to force him to produce proff that he is a natural born US citizen.

The motion to dismiss, filed yesterday, makes the argument that the plaintiff has a lack of standing to file the lawsuit against Obama.


There is a simple way to defeat the argument that “plaintiff has no standing to challenge the qualifications of a candidate for President of the United States.” In fact, if this were true, than NO PERSON had such standing to demand that a presidential candidate should prove that he is a natural born citizen; yet, it is clearly in the interest of the PUBLIC that the constitution be enforced and only legally qualified people be allowed to run. Therefore, the court should rule that EVERY MEMBER OF THE PUBLIC has standing in such a case.

Obama could have produced proof that he is a natrual born US citizen, but he didn’t. Instead, he is using attorneys to try and stall the process and have the case dismissed.

Berg insists that, rather than wait the full 20 days to respond, he’ll likely file his amended complaint on Monday. Besides containing the aforementioned additional clauses and arguments, Berg mentioned that he will likely withdraw suit against the Federal Election Commission–they’re more concerned about the financial aspect of the election, he says–and add Pennsylvania’s Secretary of the Commonwealth, Pedro Cortes, to the action for his role as overseer of the electoral process in the Keystone State.

“He’s the one that puts a person on the ballot,” Berg said. “In this case, that person’s not a citizen, he doesn’t meet the qualifications, and he doesn’t belong on the ballot.”

In talking about the addition of Cortes, Berg also mentioned that he has been contacted by a number of people who may file similar suits against state-level election officials in several states across the country, saying that “the public outrage should be enough to cause a groundswell” in several locations, that “even one state would be enough,” that “some judge must hear this case before the election.”

All in all, Berg said, today’s Motion to Dismiss was expected, but certainly wasn’t right.

“This filing, this joint filing, was outrageous,” he said. “It was outrageous for the country, it was outrageous for the people who have voted for him, for the 300 to 400 million dollars collected by his campaign under false pretenses. The easy way to do this was to simply accept my challenge and turn over the vault copy of his birth certificate and oath of allegiance, but it is obvious by his waiting and by his hiding behind technicalities that those don’t exist.”

“By doing it this way,” he continued, “he is just playing with the public and I think it is an outright disgrace.”

Read more about the latest developments on the Obama lawsuit here:

Philip J. Berg, Plaintiff

v.

Barack Obama, et al.

Civil Action No. 2:08-cv-04083-RBS

http://www.americasright.com/

http://4.bp.blogspot.com/_R-l1iejogZw/SNsLEQppcCI/AAAAAAAAA8w/ZJNGjZ4uIjk/s1600-h/Obama+–+Motion+to+Dismiss.bmp

Comment by Firefly | 2008-09-25 11:39:15

Thanks for this update, IronMan.

I agree that others in other states filing similar lawsuits should help get this the attention it deserves - and maybe one of them will actually reach a real judge who tells 0bama and the DNC to SHOW HIM/HER THE PROOF or have barky’s name taken off the ballot.

 

Comment by kinthenorthwest | 2008-09-25 11:43:36

I cant believe this. I expected a birth certificate to be turned over.
Each and every American has the right to know is the person running for the office of President is legally eligiable to run for that office.
The DNC’s reaction to this suit just gives me more reason to wonder and worry about who this Obama guy is.

Comment by Maverick | 2008-09-25 15:23:39

They are trying to avoid it and yelling for Plaon to release her financials. What a stooge. I wouldn’t give his campaign anything until they provide, education transcripts, birth certificate and full nedical records.

 
 
 

Comment by educatedwhitewoman | 2008-09-25 11:32:47

Wow, was Sen. Barbara Boxer rude, snide, and downright nasty to the poor Fox reporter who was asking her about the bailout and daring to question some of Boxer’s comments. Total elitist. Babs ended it with saying she didn’t care what John McCain said, she would vote her conscience for her constituents. Well, doh, Barbara, McCain needs to convince the Republicans to support the bill while you work on your own party members.

Comment by Firefly | 2008-09-25 11:45:52

Dems are soooooooo pissed off the McCain trumped them - and “The One.”

Poor things are a wee bit out of sorts, wouldn’t you say?

Comment by kinthenorthwest | 2008-09-25 11:50:12

They should be pissed at Clinton. Looks like Bill is doing a really good job of putting the Dems in their place.

 
 

Comment by McHope | 2008-09-25 11:56:42

And, shouldn’t McCain and Obama be there to do what they think is right for the constituents of their states?
She also did not stop herself from saying how incredibly important this whole thing is. But somehow only her vote is important? Her argument is absurd.
Glad the FOX reporter pushed back.
Still wish she would have said, Obama can talk about multitasking when he holds a meeting of his Foreign Relation subcommittee.

 

Comment by Duras | 2008-09-25 12:12:10

I live in California and although I’m a Republican, I can stomach Diane Feinstein. But Barbara Boxer is a 24-karat bitch. She’s also a total flake. I truly hope that Arnold Schwarzenegger decides to challenge her for her Senate seat in 2010. She’s an embarassment to the state.

 
 

Comment by educatedwhitewoman | 2008-09-25 11:35:31

Now on Fox. Conservative republicans do not support the plan - John McCain is taking a huge risk trying to get them on board!!!!

Comment by Mr. Natural | 2008-09-25 15:13:45

John McCain is taking a huge risk trying to get them on board!!!!

Imagine that. A leader actually trying to lead.

 
 

Comment by Judy | 2008-09-25 11:51:21

Where is the MSM????????

Maybe this is the delay in debates.

Obama Crimes
Obama & DNC Hide Behind Legal Issues - Country Headed to a Constitutional Crisis
Wednesday, 24 September 2008 22:46 administrator For Immediate Release: - 09/24/08

Obama & DNC Hide Behind Legal Issues While Betraying Public in not Producing a Certified Copy of Obama’s “Vault” Birth Certificate and Oath of Allegiance
Country is Headed to a Constitutional Crisis

(Lafayette Hill, Pennsylvania – 09/24/08) - Philip J. Berg, Esquire, the Attorney who filed suit against Barack H. Obama challenging Senator Obama’s lack of “qualifications” to serve as President of the United States, announced today that Obama and Democratic National Committee [DNC] filed a Joint Motion to Dismiss on the last day to file a response, for the obvious purpose of delaying Court action in the case of Berg v. Obama, No. 08-cv-04083.

Their joint motion indicates a concerted effort to avoid the truth by delaying the judicial process, although legal, by not resolving the issue presented: that is, whether Barack Obama was “natural born.”

It is obvious that Obama was born in Kenya and does not meet the “qualifications” to be President of the United States pursuant to our United States Constitution. Obama cannot produce a certified copy of his “Vault” [original long version] Birth Certificate from Hawaii because it does not exist.

Information found at Obama Crimes website

 

Comment by WynterSkye | 2008-09-25 11:53:13

Bill Clinton and John McCain are the only two adults left in this whole scenario that show that they can rise above the silliness of politics the debases itself into a schoolyard brawl.

 

Comment by ipotter | 2008-09-25 11:55:06

Bo won’t go off the campaign trail for this emergency facing the country… shows his priority is not the job he is being paid to do, or his country for that matter. He has avoided debates and townhalls for about 6 months. But recently took debate lessons so now insists the long-awaited debate cannot be cancelled. Guess he’s afraid he will forget what he learned in “debate school”. He’ll probably be ready to face the economic crisis emergency in about 6 months–after he has a chance to go to “economic crisis school”. If he does get elected, let’s hope there is no world crisis for at least 6 months so he will have time to attend “red button school” to learn what a red button is and its consequences… and then he doesn’t try to use it simply to practice what he learned. Bo does not have the stuff presidents are made of, and that’s not something you can learn in “president school”.

We want Hillary, not bozo.

 

Comment by Duras | 2008-09-25 12:09:40

If this rescue package gets put together and the Republicans come on board. McCain will be seen as the guy who put politics aside and brought both sides together. Obama, meanwhile, was, as always, out for himself.

This distinction will not be lost on the American public.

 

Comment by mj | 2008-09-25 12:10:25

 

Comment by ziggy | 2008-09-25 12:15:30

The entire economy has been put at risk by crack-brained republican economic policy, and by the irresponsible behavior of greedy SOBs on Wall Street who took full advantage of republican deregulation of the markets. Now the Bush administration wants a blank check for $700 billion, stating if they don’t get it in a matter of days the life savings of hard-working, financially responsible Americans who did nothing to create the problem could be wiped out.

What we’ve got here is extortion disguised as a rescue, being pushed by the same people who created the problem in the first place.

Maybe they’ve got us in a position where we have no choice but to comply, but I’ll be damned if I’ll be abused like this, and then turn right around and vote the same bums back into the White House.

I’m totally unimpressed by John McCain’s exploitive political grandstanding. The guy is clueless. Only a couple of weeks ago he was flatly denying fundamental economic problems even existed. Despite all, he’s still promising a continuation of the same failed economic policies that brought us to this point of crisis.

Are American voters really that stupid?

Comment by benny | 2008-09-25 12:17:13

grow up, ziggy. Obama =Bush 3.

Comment by Duras | 2008-09-25 12:24:58

No, Obama = Jimmy Carter 2

An idealistic neophyte who’s in WAY over his head.

Comment by AnnieO | 2008-09-25 12:40:06

Anyone remember stagflation?

 
 

Comment by ziggy | 2008-09-25 12:33:44

Sorry, no sale.

I’m not that stupid.

Comment by benny | 2008-09-25 12:36:09

yeah, from your post, we know just how stupid you are!!! lol

Comment by ziggy | 2008-09-25 13:14:48

Over 8 years, Bush policies dropped the value of the dollar 41%, ran record federal deficits every year, and doubled the national debt to 10 trillion dollars. He ran up more debt than all previous U.S. presidents combined. Now the economy teeters on the brink of collapse, and we’re making a desparate effort to save ourselves from Disaster with a capital D. (D, as in depression.) We can add to Bush’s legacy a blank check for a $700 billion program that addresses none of the underlying problems.

You’re proposing to vote for a guy having all of the same economic policies.

Apparently our definitions of “stupid” are somewhat different.

 
 
 
 

Comment by Duras | 2008-09-25 12:40:18

The Democrats have just as much, if not more, dirt on their hands than the Republicans do in this one, Ziggy. It was the Democrats under Bill Clinton who required that banks lower their lending standards for home loans because “Every American should be able to own a home.” This was the genesis of the sub-prime mortgage market.

Granted, Bush was asleep at the switch while this balloon inflated, so he has to bear part of the blams. But John McCain was one of a very few who stood up and warned of the looming disaster while everybody else was enjoying the booming real estate market and using their home as a personal ATM machine to get cash to buy more stuff.

The Democrats and the Wall Street firms who securitized the sub-prime market and made untold millions off of it have been in bed together for a long time. Don’t believe me? Follow the money. Look at what political figures firms like Fannie Mae and Goldman Sachs have given the most money to. One of the presidential candidates stands out as having received quite a bit of money from these firms. (Hint: It’s not John McCain.)

So, put down the crack pipe and look at the facts objectively. If you do so, you’ll see how ridiculous your post sounds. Like most liberals, you tend to react emotionally rather than logically.

Comment by Zeke | 2008-09-25 13:29:48

Duras,
Well put! I had been a real estate appraiser for about fifteen years when a number of the lenders I got business from asked me to start cheating on my work. Their argument at the time was that Fannie had effectively green-lighted a new game and that if I wanted in on it, I had to go with the flow. I am unable to justify myself if I do something like that so I had to give up my business. How reassuring it is to me now that my need to sleep at night kept me from being a part of all this dishonor.
Do you see any way the Democrats in the House and Senate are going to survive this? Once it soaks in that ALL of this hinges on Fannie and Freddy being open to almost any deal.
If they had been regulated, there would have been no market for these bad loan packages and thus, no secondary market blowout in the first place.
Its like the enraged crowd scene from the old Frankenstein movie… all torches and clubs and pitchforks… or “Circle the wagons, boys!”
The October surprise comes now and it means that each and every asshole congressman and senator who voted against regulating the two F’ers is in serious, serious trouble. All except Barry, probably due to the fact that he was against it only until he was for it… or was that the other way around?

Comment by Just Wondering | 2008-09-25 13:39:18

…each and every a–hole congressman and senator who voted against regulating the two F’ers is in serious, serious trouble.

Were there any regulation bills that were actually voted on?

Comment by Zeke | 2008-09-25 14:15:56

From what I learned from the video at the top of the thread, it appears that the Dems blocked all efforts, even by McCain to stop the two F’ers. These never even got to the floor because Barney Frank and others kept it from happening.
This is blame which will cripple sitting Democrat senators. How can they dodge this?
re-post of the link:
http://www.youtube.com/watch?v=3QBRIsCkGQ0

 
 
 
 
 

Comment by DanL | 2008-09-25 12:26:46

Todays Gallup Poll just released; McCain gain 2 pts..it is now TIED @ 46….Gooo McCain!!!

Comment by IronMan | 2008-09-25 12:31:38

That’s good news.

Americans appreciate, respects, and wants a leader that will put country first and take action to help them in a crisis. That is exactly what John McCain is all about. The new poll reflects this.

God Speed John McCain!

 

Comment by Seattle Moss | 2008-09-25 12:35:21

I wonder what swill and sf have to say about that.

 

Comment by mcpalin hill | 2008-09-25 12:44:01

danl — I think Gallop released this poll because they were shamed into it when it was discovered yesterday that their poll which claimed Obama was leading by 9 was an oversampling of Black and Dem voters.

Comment by Zeke | 2008-09-25 13:31:51

Mc,
How true!

 
 

Comment by Duras | 2008-09-25 12:49:10

Again, don’t live & die by these short term polls. They’re gonna be all over the place, and the statistical margins for error in these things are huge. They’re trying to predict the voting behavior of over 120,000,000 people by only sampling 3,000? And most polls only sample around 1,000.

Besides, over 10% of the population hasn’t decided yet. How this final 10% breaks will determine who wins.

 
 

Comment by mcpalin hill | 2008-09-25 12:42:01

Surprise Surprise Surprise — Politics is being played in Washington. The meeting with the President is not until 4 pm however, the Dems suddenly find that they are in agreement on the bill regarding the credit crunch.

So they will announce before the meeting with the Prez that a deal has been made. They are trying to make McCain look like he had no part in this. However, if it wasn’t for McCain none of this would have been done. Game, Set and Match McCain.

Comment by ziggy | 2008-09-25 13:02:59

I must have missed something. What did John McCain do?

Comment by Patrick | 2008-09-25 13:24:21

He put the pressure on the three Dem amigos to push ANYTHING through…now it is up to McCain to lead his party into agreement. Plus, Boehner just said there is NO deal, just an agreement on the macro-issues at play. I.E., there is still a TON of work to do and little remains changed today from yesterday.

Please take your blinders off, your lack of knowledge is showing….

Take care,
Patrick

 

Comment by Urban Hillbilly | 2008-09-25 13:27:32

John McCain forced responsibility for this bill to be “owned” by both he and Obama. He forced Obama to have a clear position. Something Obama wanted no part of.

You see, this way, if it goes bad, Obama can’t blame someone else. And if it goes well, well, there’s enough credit for everyone.

Get it?

McCain schooled Obama by not allowing Obama to, in effect, vote “Present”.

 
 

Comment by educatedwhitewoman | 2008-09-25 13:57:28

And McCain has to get his party to vote for it - getting something out of committee is usually not the hard part. McCain is putting alot on the line here.

 
 

Comment by DanL | 2008-09-25 12:55:18

MCain may still tell them this deal sucks as Newt Gingrich is STILL saying…we’ll see.

 

Comment by DanL | 2008-09-25 12:59:08

according to Gallup tracking: This jump does NOT reflect what John McCain did yesterday suspending his campaigne…that won’t be reflected until tomorrow!

Comment by Phil Murphy | 2008-09-25 14:07:18

Sorry - but it wont be reflected anywhere. Everyone knows it was a hail mary pass by a team with a broken quarterback and no receivers downfield.

Comment by Maverick | 2008-09-25 15:30:52

Phil Murphy: your cut & past comments are annoying. Can you come up with something original. Better yet go back to KOS.

 
 
 

Comment by Maverick | 2008-09-25 15:28:43

They are yelling for Palin to release her financials. What a stooge. I wouldn’t give his campaign anything until they provide, education transcripts, birth certificate and full nedical records.

 

Comment by BeyondWords | 2008-09-25 16:52:52

Why did it take a presidential invitation to get Obama involved?!

Maybe. But i’d bet it would take a presidential order to make him sit down & work.

Comment by Brendy | 2008-09-25 17:55:03

Don’t you just KNOW that Obummer is highly po’d and his ego is insulted because his BOSS ‘asked’ him to ‘report to work’ - How DARE he! LOL!

 
 

Comment by nobamaever09 | 2008-09-25 22:36:28

8% more of Latino people are turning to McCain. It was on FX at 9PM on Greta show!!!
Well, Latino people knows very well, that Obama never did anything for them, and they are not His favor people. They said, Obama never did anything for US and all He cares is about Himself. They are so right!!!
Obama will loose!!!
I trust McCain more and more, and adding Cindy the great woman who is travelling all over to hel poor.It is a fact so just add McCain and You have someone who is not so Bush after all, but Republican with all timer republicans vales!!!

 

Comment by nobamaever09 | 2008-09-25 22:39:09

call me when You need me, that was Obama answer … This guy is not OK, this is not good to have someone for President. He treats others in Congres like idiots. This guy is sick…

 

RSS Feed for This PostPost a Comment

Name (required)
E-mail (required - never shown publicly)
URI
Your Comment (smaller size | larger size)