I may be mistaken but i thought I heard McCain say in a recent clip on MSNBC entitled who's ready to lead, McCain said that he has informed his "fellow prisoners" across the country, what did that mean? can anyone explain?
I may be mistaken but i thought I heard McCain say in a recent clip on MSNBC entitled who's ready to lead, McCain said that he has informed his "fellow prisoners" across the country, what did that mean? can anyone explain?
Ummm Please get your Facts straight if you are going to accuse McCain of misleading!
You clain that Obama supported his Over-Mortgage plan 2 weeks earlier??? Get real!
McCain talked about this plan back in April PAL.
Stop play ahhh haaa! With McCain... WE ARE SICK AND TIRED OF YOU MEDIA PEOPLE BASHING McCAIN!!!!
Bill Ayers is white, by the way, racist.
Wake up people, Obama has secret ties to radical muslims and a secret agenda. Don't believe? Ttake a look at this footage and get informed
http://uk.youtube.com/watch?v=S8QcpdUtxNQ&feature=related
I must say that I have been following the election very closely, and I would like to know if I am mistaken by something that I heard McCain say in the clip, "Who's ready to lead" I think that I heard McCain say he has informed his " fellow prisoners" across this concountry.
It is very scary that the Democrats will do anything to get Obama elected. It is amazing that Acorn is creating ficticious names and using sports celebrities as voters. If this was the Republicans it would be smeared all over main stream media. If Obama wins it will be due to the cheating and creating fake Citizens.
It is now way too late in this presidential process to point to "who" caused the financial/credit/market problem we are in. The issue now is what are they going to do, with the assistance of the Fed Reserve, Market and the rest of the world's financial leaders. They cannot fix this alone....it has become too widespread. Neither of these candidates said or showed any detail as to what (even from a high level) they will immediately do to correct the situation or do to avoid such a debacle in the future. Doesn't anyone else agree? Am I that ignorant that I'm not seeing a clear message of leadership from either of them?
Obama will win this November, because most Americans are not stupid enough to fall for McCain's lies and distortions. Only narrow-minded right-wingers are falling for this Ayers nonsense and that is only because it serves their racial prejudices. McCain might as well substitute the word "terrorist" for the "n-word", because that is what he is really saying and we all know it.
Obama totally outclassed McCain in poise, demeaner, and intelligence.
Obama totally outclassed McCain.
Obama is getting a bump out of this because people are not being reminded of the whole history where the economy is concerned, and who did what when. Call it bias by omission. The media simply says that the economy is Obamas strong issue, but never discusses the facts in detail. Further, who had a majority when is rarely relevant. If the simplistic Party In Power model were true, then the Democrats would not have needed the House Republicans when they tried to pass the bailout bill, as Democrats have the majority in both houses and there is no threat of a veto. In theory, they do not need the Republicans to vote at all. In fact, something like twelve (12) Democrats from Barney Franks own banking committee voted against the bill. Obviously, it is not so simple and the media does the voter a disservice by doing little more than reinforcing the error. A similar argument would be to say that the economy appeared to be doing fine until the Democrats took over control of Congress and the power of the purse in 2006, then it tanked. As an aside, the media also misleads regarding the Clinton economy when they fail to mention that it also ended in a recession, requiring the first round of Bush stimulus checks immediately after he took office..
Do Obama and the Democrats deserve a lift in the polls as a result of the financial and mortgage problems? The answer from history is a clear NO. Here's the lead of a New York Times story on September 30, 1999:
"Fannie Mae Eases Credit To Aid Mortgage Lending" [link below]. That's 1999 folks. Clinton Administration, I believe.
Here's the lead of a New York Times story on Sept. 11, 2003:
"The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. "[see link below] The Democrats killed the reforms.
McCain said in co-sponsoring the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190:
"If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole. The Democrats killed the Bill.
What was Barney Frank and fellow Democrats saying at the time of these attempted reforms? According to reports, Representative Barney Frank(D-MA) claimed of the thrifts :
"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis, the more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."
Representative Mel Watt (D-NC) added of the reforms "I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing." [ See Community Reinvestment Act,
Even Bill Clinton points to Congressional Democrats failure to deal with Fannie and Freddie as a primary cause.
http://www.youtube.com/watch?v=XsynspIqAoE
The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.
http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918
Then there is the Senate Banking Committee Chairman Christopher J. Dodd who allegedly got special mortgage deals from Countrywide, who gave preferential rates to 'friends' of company's chairman.
http://www.msnbc.msn.com/id/25140560/
For an interesting article purporting to detail the House Financial Services Committee Chairs long history with Fannie Mae, See http://www.businessandmedia.org/printer/2008/20080924145932.aspx
"House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive."
The link below describes how some in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See:
http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj
And then there is House Speaker Nancy Pelosi, who allegedly has directed nearly $100,000 from her political action committee to her husband's real estate and investment firm.
http://www.washtimes.com/news/2008/oct/01/pelosis-pac-pays-bills-for-spouses-firm.
See also:
http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918
http://en.wikipedia.org/wiki/Community_Reinvestment_Act
http://article.nationalreview.com/print/?q=M2QwNDhkZTg2OGYzZjkzM2E2NDEwM2U5OGVkNTc0YzU=
http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63
http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260
http://www.businessandmedia.org/printer/2008/20080924145932.aspx
http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080926
http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj
It's really become clear that the media will stop at nothing to get Obama Elected!!!
I watched the debate until I could not stand it any more. Then, put on a bad ballgame. I'm a registered independent and very conservative, but I cannot say that I want to vote for either of them. I hate the "used" slogans and jabs, would much prefer an honest, forthright candidate that says "I'll need help from the expects on that issue" and then go get them. They should have already done that, but there are obviously millions of holes in both of their plans and neither is well prepared. Don't know what else to say.....I wasn't pleased with the stature, answers, tone or intent of either of them.
This "de-regulation" that Democrats keep citing as a cause is in-fact, *Regulations* imposed by the Clinton administration to "give anyone and everyone access to credit for a home". Their never was de-regulation! It was regulations imposed that attempted to work in-favor of citizens that were not credit-worthy that started this mess. Everyone is involved in the "cause", but the mortgage industry was the catalyst of this debacle and you can place pretty direct blame on Democrats for bringing about that mess in the first place.
Go ahead and even read Bill Clinton's recent comments and you'll notice that he states that "bubbles are normal" and that had we enacted more energy-specific legeslation it may have created a "more favorable" "energy bubble" instead of a "credit bubble". Leave it to the guy who helped create the tech bubble to sanction the existance of bubbles in our economy. It doesn't have to be that way and we shouldn't so easily put up with it!
This "de-regulation" that Democrats keep citing as a cause is in-fact, *Regulations* imposed by the Clinton administration to "give anyone and everyone access to credit for a home". Their never was de-regulation! It was regulations imposed that attempted to work in-favor of citizens that were not credit-worthy that started this mess. Everyone is involved in the "cause", but the mortgage industry was the catalyst of this debacle and you can place pretty direct blame on Democrats for bringing about that mess in the first place.
Go ahead and even read Bill Clinton's recent comments and you'll notice that he states that "bubbles are normal" and that had we enacted more energy-specific legeslation it may have created a "more favorable" "energy bubble" instead of a "credit bubble". Leave it to the guy who helped create the tech bubble to sanction the existance of bubbles in our economy. It doesn't have to be that way, wake up!
This "de-regulation" that Democrats keep citing as a cause is in-fact, *Regulations* imposed by the Clinton administration to "give anyone and everyone access to credit for a home". Their never was de-regulation! It was regulations imposed that attempted to work in-favor of citizens that were not credit-worthy that started this mess. Everyone is involved in the "cause", but the mortgage industry was the catalyst of this debacle and you can place pretty direct blame on Democrats for bringing about that mess in the first place.
Go ahead and even read Bill Clinton's recent comments and you'll notice that he states that "bubbles are normal" and that had we enacted more energy-specific legeslation it may have created a "more favorable" "energy bubble" instead of a "credit bubble". Leave it to the guy who helped create the tech bubble to sanction the existance of bubbles in our economy. It doesn't have to be that way, wake up!
AGAIN THIS DEBATE MEANS LITTLE - PEOPLE HAVE ALREADY MADE UP THEIR MINDS - OVER 70% WILL
VOTE FOR OBAMA - THE MCCAIN TICKET IS WEAK DOES NOT DESERVE CONSIDERATION, PERIOD..
MCCAIN LIES AND SAYS WHAT HE THINKS PEOPLE WANT TO HEAR--HE HAS FLIPPED ON ALL ISSUES
OF IMPORTANCE FROM HIS STANCES 4 YEARS AGO--AND PALIN IS NOT QUALIFIED, PERIOD..BERNI
SWANSON-10-8-08
The debt thing was a lie. Anyone who understands the compounding effects of interest can take $5.67trillion and compund it over eight years at 4% to get something - not quite - close to the current debt. Add the unfunded liabilities of social security and medicare - neither are Bush's - and you have $ten trilllion.
Also Clinton had a surplus in his 6th and 7th years due to a gimmick by Bob Rubin. It has gone by his last year, Bush inheriited a deficit from Clinton. I think it is simpler to try to find truth since lies permeated the debate. Look, guys, both are partisans and probably can't very much of their promises done. Candidates have been promsing energy indepemdence since Nixon . What Newsweek ought to do is keep track of the populist promises and hold them feet to the fire. We need less govenment spending ot the tune of one trillion $. We would have a better government, pay down the debt , and serve the people with healthcare and infrastructure. And, without deficit spending that reduces the worth of our dollars.
We have a broken partisan govenrnent. What is far more important to the voter is to be represented and get tranparency. There has been no gridlock. Neither party has written enough legislation to come up for a vote.
The best governments have been split - FDR, Reagan, Clinton, etc. The worst have given one party both the presidency and congress (when congress has a filibuster prrof majority). This could happen with democrats. Their party will follow a bad pattern of pork and spending (as would the GOP) and no transparency. of action. They would set us back decades.
Naw. everyone needs representation via democracy and we don't need another one part ygovernment - ie Republican Ascendance of the '20s. We vote for McCain just for the split. History is on our side.
The media should do that and while they are at it, they should also talk about McCains involvment with the Iran/Contra affair and Oliver North and Salbaugh. This is even and fair reporting.Enter Your Comment
Obama had the best cocaine at Columbia. He used to say that they would always sell to him to sell to 'Whitey'. He has changed because he was a druggie revolutionary at Columbia in 1981.
r u nuts? the best coke comes from bolivia.
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