Obama to Support $700B Bailout If …
ABC News’ Sunlen Miller reports: Shortly after landing in the Sunshine State to prepare for Friday’s first presidential debate –- Sen. Barack Obama held a news conference to discuss the emergency economic package that’s being debated in Congress, and outlined his proposals for what he would like to be included in the plan.
"The President’s stubborn inflexibility is both unacceptable and disturbingly familiar," Obama said in Clearwater Florida about the Bush administration’s call today for Congress to act quickly to pass a "clean" bailout plan.
"This is not the time for my-way-or-the-highway intransigence from anyone involved," Obama said.
Obama argued the bailout plan should include protections to ensure that taxpayer dollars are not used to further reward the bad behavior of irresponsible CEOs on Wall Street.
The Democratic presidential candidate also wants an independent board of economic wise men and women chosen by Democrats and Republicans to provide oversight and accountability to the plan. Obama argued Treasury Secretary Henry Paulson cannot act alone on this.
Obama also called for a return on any profits made by the government from the plan to taxpayers and argued the plan should provide assistance to help to families who are struggling to stay in their homes.
Obama called for additional legislation — not part of the administration’s $700 billion Wall Street bailout package–- to pass his proposed tax cut for working families.
"The American people need to know that we feel as great a sense of urgency about the emergency on Main Street as we do about the problems on Wall Street," Obama concluded.
Obama did not say decisively if he will support the current proposal in Congress if it doesn’t include the provisions he has laid out.
"The principles I outlined are principles I believe any package needs to contain for me to support it. And there are a number of ways of accomplishing it," he said, arguing that if the plan does not include his principals then he will recommend Paulson to go back to the rework another proposal.
The McCain campaign was quick to respond to Obama’s proposal, “Whether calling for a bipartisan oversight board or prohibitions on golden parachutes, Barack Obama is simply following in John McCain’s footsteps while trying to respond to this financial crisis,” McCain spokesman Tucker Bounds said in a statement.
Obama –- who is huddling with his advisors in Tampa for three days of debate preparation — said that he will only come back to Washington to vote for the bill if it’s a close vote.
"Well look, if we get a consensus and everybody is popping champagne –- then I will probably be going back to campaign with folks who are having a tough time in places like Ohio, and Michigan and Pennsylvania. If this ends up being a close vote or a vote where the outcome is an open question then obviously this is a top priority,” he said.
Email



RSS
Twitter
Facebook
Popping champagne???? OMG – this man drives me nuts.
Posted by: Kris | September 23, 2008, 1:02 pm 1:02 pm
I’m not sure we can handle a thinking man who is capable of really analyzing a situation and coming out with some common sense solutions. We sure aren’t accustomed to it.
Posted by: Truth Matters | September 23, 2008, 1:07 pm 1:07 pm
idiot
Posted by: natale from mass. | September 23, 2008, 1:10 pm 1:10 pm
“Obama –- who is huddling with his advisors in Tampa for three days of debate preparation — said that he will only come back to Washington to vote for the bill if it’s a close vote.”
Will Obma vote “PRESENT” (even though it is not allowed) this time?
Posted by: ablanche08 | September 23, 2008, 1:12 pm 1:12 pm
Didn’t McCain already call for most of this? Where has Obama been! Also, isn’t his statement that he will only return to vote on the matter if its a close vote kind of like voting “present” in the Illinois state legislature? He can take credit or avoid blame either way. Unbelievable!!
Posted by: bkm | September 23, 2008, 1:15 pm 1:15 pm
NO-NO-NO!!! This proves Obama is a fake! Bankrupting our country to bailout billionaires while we get deniied benefits from our own Democrat congress!!! Forget it! This PROVES Obama is a tool, and McCain is a FOOL!!! You will NOT have my vote if you make ME pay for this Barack!!!
Posted by: hmn | September 23, 2008, 1:18 pm 1:18 pm
Damn that Obama. Timed his announcement when Rush was off the air so McCain couldn’t have Palin announce his position first.
Posted by: ricky | September 23, 2008, 1:18 pm 1:18 pm
That’s how Obama voted “Present”.
The theme has not changed: I will not make any decision Not now Not anytime.
Posted by: Tim | September 23, 2008, 1:20 pm 1:20 pm
Lol. He’s not even going to be there to vote “present”. I do love that he adopted major parts of McCain’s plan which he made fun of on the stump, though.
Posted by: wmp74 | September 23, 2008, 1:24 pm 1:24 pm
He’s so smart. I wish we had had a smart man like this in office over the last 8 years. We wouldn’t have to be worrying about the state of our finances. When I think back on the misery the Republicans have dumped on us over the last 8 years, I could just puke.
Posted by: hang | September 23, 2008, 1:27 pm 1:27 pm
how easy you want to forget mccains last week
and i agree its stupid when i see people say, oh my god hes too smart
what?
shouldtn we want intelligent smart people running the country?
obama is not following mccaisn footsteps if anything obama is right on track with his and the democratic ideals
mccain went from a republican agenda, with views of deregulate everything to one where he had to flip his whole philosophy that he has had on the economy for the last… how many years?
i mean, this is just silly
i am so sick of this administration and mccains flip flops on policy and his out and out lies…
he is too old to run this countyr and palin is too scary to be in vp position
oh and ps when you usually succeed at something, popping champagne is for celebration
not understanding that is like not understanding how to count to 3
but somehow you want to say oh obama hes an elitist… he likes… champagne, why couldnt they be popping pabsts
i really really really hate you people who have no minds or compassion just talking points filled with BS that your party manipulates you into saying and doing
mccain should be out of this race after how he handled last week, he was anything but a leader… he showed his true ineptitude
obama was calm clear and collected the whole week and looked and acted very presidential
mccain meanwhile was like… ill run attack ads!
Posted by: Bhrandon | September 23, 2008, 1:28 pm 1:28 pm
Obama: Great leadership and responsible behaviour. McCain has not answered yet to the congress which is waiting for his vote since yesterday, it has to come and American people are waiting for it. Now is not the time to hide behind Palin’s lipstick but to decide. May God bless America and May God bless Obama. OBAMA/BIDEN08.
Posted by: BKMC | September 23, 2008, 1:28 pm 1:28 pm
The “present” vote in Illinois is sometimes cast by state lawmakers with a conflict of interest who would rather not weigh in on an issue. Other times, members use the option to object to certain parts of a bill, even though they may agree with its overall purpose.
“The ‘present’ vote is used, especially by more thoughtful legislators, not as a means of avoiding taking a position on an issue, but as a means of signaling concerns about an issue,” said state Rep. John Fritchey.
Obama sponsored 820 bills in the Illinois State legislature. So much so that the Illinois Times featured him in a cover story naming him HEAD OF THE CLASS for his legislative abundance.
Posted by: Paige | September 23, 2008, 1:28 pm 1:28 pm
adopted mccains plan?
i like how mccain went from a deregulator to a populist democrat over night
he went from teh economy is strong to this is the worst crisis since the last crisis i was involved in
cmon you people are just being silly, mccains plan is just a bunch of bs that he is having ot say so he can make it through this week… he doesnt believe it anymore then i believe that mccain should be president
Posted by: Bhrandon | September 23, 2008, 1:30 pm 1:30 pm
Obama has been saying this stuff for 3 days now. I do not know where you guys have been. Run with it if you wish, but if you watch the cable news you have already heard this from him. I have to agree, however, that I feel he should be in Washington to vote on it regardless of how close it is.
regardless of any vote we are screwed!
Posted by: beck | September 23, 2008, 1:30 pm 1:30 pm
ALL I KNOW IS OBAMA IS A FAKE AND PEOPLE WHO VOTE FOR HIM ARE SUCKERS!!! THEY HAVE NO MORALS OR SENSE WHATSOEVER!!! THAT IS THE TRUTH AND IF YOU THINK YOUR GOD OBAMA WILL SAVE THE WORLD THINK AGAIN!!! I HOPE RACE DOES OBAMA IN ANYTHING FOR HIM TO LOSE.
Posted by: AIMEE | September 23, 2008, 1:30 pm 1:30 pm
McCain’s plan? McCain didn’t have a plan. He spewed one position one day, and another the next, and then back to the other, then lied through his teeth, then scowled at reporters, and finally hid behind Palin’s skirt (or in it; I still don’t get that ridiculous pairing). Anyway, McCain’s plan? LOL
Posted by: hang | September 23, 2008, 1:30 pm 1:30 pm
LOL….obama is “huddling” to prepare for the debate…ie, cramming for the big exam, but poor poor Obama will be in for a surprise when he finds that the Presidency doesn’t come in Cliff notes.
Meanwhile, Lawmakers are waiting for McCain to stand by or against this bill. Isn’t it interesting that they care what mcCain thinks, but could care less what Obama thinks?
And now Obama says that he would rather spend time with the people having a “tough” time, like he has any sympathy for them! Yep, these are the people he called “bitter”, in private, while sipping champagne with rich elite folks in san Fran on Nob Hill.
Obama….BAD for America
Posted by: liberati | September 23, 2008, 1:32 pm 1:32 pm
Wait….so it’s ok for Obama to weasel out of voting and taking a position on this but the Democrats won’t pass it unless McCain supports it? What the heck is going on there in Washington.
Posted by: Shannon Covel | September 23, 2008, 1:33 pm 1:33 pm
the fundamentals of our economy are strong!
we need a commission like the 911 commission to help us figure out whats wrong
(a commission??? lol in the time of crisis this guy wants a study group to figure out the crisis WTF)
no we shouldnt bail out aig
oh yes we should bail out aig
i support the 700 billion
i dont support the 700 billion
i might support the 700 billion
i am a deregulator
phil gramm may or may not be my treasure secretary
i was involved completely in the market deregulation during the keating five scandal which was the last massive financial termoil and here i am again
i was saying we shoudl have more deregulation
but my adivsors tell me i shouldnt say that until you morons vote for me
Posted by: Bhrandon | September 23, 2008, 1:34 pm 1:34 pm
Yeah, Come On Ole John, put your mouth where your, well, mouth is. You say this is bad, but not out loud, SPEAK UP, take a stand. Don’t keep hiding in the dark claiming that Obama’s doing what YOU, YOURSELF are doing.
Ole McCain, those old guys always crap about everything, don’t they?
Posted by: JR | September 23, 2008, 1:38 pm 1:38 pm
I will be voting Obama… it will be quite sometime before I ever think of putting a Republican back in office.
Posted by: beck | September 23, 2008, 1:39 pm 1:39 pm
liberati
you obviously dont understand why the law makers are waiting for mccain
its not because they want to know what he thinks
they want to make sure he doesnt FLIP FLOP AGAIN
they want to know that if hte democrats stick their necks out AGAIN for this administration and you incompetent republicans taht john mccain cant then say,
well ill oppose the bill, say george bush was being too crazy and that hte dems are really in tow with him and that i was there for the people
they dont wnat mccain to shift all the blame to them
if you dont understand why someting is happening dont comment on it
and dont act like you care about the economy or the markets because if you support mccain you support what has happened to the economy and the markets
that is after all waht happens when you stop regulating a market and let your elite friends do whatever they want
thansk but no thanks john mccain take your pig and shove it
Posted by: Bhrandon | September 23, 2008, 1:40 pm 1:40 pm
mccain hasnt been around to vote for anything in congress since january
he probably wont be there to vote for this
obama will vote if the vote is needed, there is no reason for him or mccain to cast their votes
it essentially wastes a day of their 42 days left
Posted by: Bhrandon | September 23, 2008, 1:43 pm 1:43 pm
We Don’t have a “Democratic” Congress. The Democrats have a 2 vote majority in the Senate, and a very slim margin in the House, so Congress is, at least until Election Day, largely Republican.
Obama hasn’t just been consulting his advisors, he’s also been consulting his supporters. The provisos he’s made are sound. Paulson is part of the Bush administration; Paulson came to the Bush administration from Wall Street. We can’t trust either Paulson or Bush to do what’s right for the American people, only what’s right for their cronies and lobbyists.
Posted by: nanameow | September 23, 2008, 1:44 pm 1:44 pm
There’s a huge difference between what Mccain proposed and what Obama proposed, starting with the independent commissions.
Mccain wanted a 911 style commission to come in, investigate and provide its findings to the government. Obama criticized this by saying, and I paraphrase, “We know how we got into this mess. This isn’t at all like 911.”
Obama was opposed to a lengthy investigation commission because he knew what caused this. Mccain didn’t. Mccain thought the economy was strong until he was advised otherwise. Obama wants a commission not to investigate but to ensure that the tax payer money given in the bail out is properly utilized.
Obama’s conditions are thoughtful and help the situation. Mccain’s were old catch phrases.
Posted by: Ender | September 23, 2008, 1:46 pm 1:46 pm
i can see Russia from my porch!
Boys like me a lot, polar bears not so much!
How did my daughter and i get prego?
I was a POW — prisoner of Wasillar
The road to nowhere is a dead end…
Posted by: philosopherkingtomas | September 23, 2008, 1:51 pm 1:51 pm
McCain is so scrooed.
Posted by: JJ | September 23, 2008, 1:56 pm 1:56 pm
Actually, It’s time to tie Obama to Bush.
Obama is Bush 3rd term. He supports gov. bail out. He xeroxed Bush’s plan.
Posted by: golfgirlusa | September 23, 2008, 1:57 pm 1:57 pm
Sorry, but I am still waiting for McCain to say whether he supports this bail-out or not. His testicles must be going numb from riding the fence so long.
Posted by: the other jd | September 23, 2008, 1:57 pm 1:57 pm
Tax payer dollars should never be used to reward the bad behavior of irresponsible CEOs at fannie mae or freddie mac.
Unless I get my cut.
Posted by: Barry O | September 23, 2008, 1:57 pm 1:57 pm
I have to agree with many others. Obama again has chosen to hide out and see how it played out instead of taking an immediate stand. To me, the Senator from Illinois is consistently afraid of what people think of him rather than grow a backbone. Neither he or Mc Cain know what they are talking about, but Mc Cain at least takes a stand whether it ends up being loved by the media or not. Obama decides based on what he think the media will love him for.
Posted by: infoseeking | September 23, 2008, 1:57 pm 1:57 pm
B-I-N-G-O
Obama nails it.
John McCain flails around all week, reversing himself, then reversing his reversals several times.
Obama steps in, looks presidential, and nails it.
Obama 08 — It’s the economy stupid.
Posted by: ron | September 23, 2008, 2:00 pm 2:00 pm
Do you GOP’ers seriously think that Obama is copying McCain’s “plan?” They’ve both been echoing what Congress has been saying since minute one. Man, the “moral majority” seriously can’t stop lying . . . and molesting children . . . and having airport gay sex . . . and smoking meth with gay prostitutes . . . and hitting on underage congressional pages (same sex of course). . . and embezzelling money on literally more than 50 occasions over the past 4 years . . . and . . .
Posted by: Ralphie1111 | September 23, 2008, 2:02 pm 2:02 pm
Popping champagne???? OMG – this man drives me nuts.
______________
Easy tiger. Here… have a cold one one me!
Posted by: PJ | September 23, 2008, 2:03 pm 2:03 pm
I guess Obama doesn’t care about the poor people in Texas loosing everything from hurricane Ike. Or the thousand of people without homes, insurance, or electric. But please take time to visit the states that might elect you to the white house.
I think that several individuals have great points….lets divide the 700 billion to legal US citizens and not the citizens that were born here from illegal immigrants and let us decide what we want to do with OUR money. I am tired of the Gov’t spending my money on wastefull things like bailing out companies that over spend, loan money to people that had no credit and heavily in debt…credit cards and car pmts and only had 200 in the bank account for emergencies. Please give me a break…There is plenty of blame to spread around..gov’t, repeal of Glass-Steagall Act in 1998, subprime lending companies and CEO’s who saw the loophole. I am a responsible US citizen and I don’t want any more of my taxes going to bailouts. Give me my share of the bail out money and let me decide if I want to invest it, spend it, save it for my childrens college education or spend it on future health care needs. I think I am very qualified to decide on my own on how to spend my share of the bail out money not the former CEO of failed companies or anyone in Washington. Washington has already made a mess of things starting 30 years ago. It has taken this long for all of their mistakes, kick back to catch up with the citizens of the US. Impeach them all………Kick out the special interest groups and lobbist make all Presidental candiates donate all their campaign funds to the failed companies.
It is about time WE, the American working middle class take back OUR country.
Posted by: camp50 | September 23, 2008, 2:10 pm 2:10 pm
I think it is hilarious that Obama comes out with a plan that is exactly like the one that McCain announced several days ago. I am more and more convinced that Obama is a complete idiot. I have read several articles talking about how the other Senators votes on the bill depend on what McCain does. Even the Dems (of which I am one). Guess in times of crisis no one looks to Obama for leadership. Probably b/c he has failed to ever show any leadership.
Posted by: sarah | September 23, 2008, 2:19 pm 2:19 pm
ahh republicans … like wine that was never any good to begin with ,that just tastes worse the more you drink and gives you a terrible hangover .
STICK A FORK IN THE REPUBLICANS ,CAUSE THEY ARE DONE!!!
Posted by: bah | September 23, 2008, 2:19 pm 2:19 pm
McCain understands that this whole thing began and escalated with each Democratic Admistration’s deregulations going all the way back to ’74. Granted, Bush should have been paying attention. He pointed out the problems and along with many others pointed to the impending doom looming on the horizon. I don’t blame him for not signing his name to this legislative band aide. What is needed is a cork wedged in tight and Obama doesn’t see that. Tax and spend, tax and spend, tax and spend. Wealth distribution will not solve this problem. Government has been established to “protect” the people and enable them to pursue that which they will pursue..not weaken them and enable those that would live off tax payer dollars. The truth is..this is all just due to the domino effect. If Clinton had captured Bin Laden, if we had avoided 911, there would have been no war(s) and perhaps we would have had the several trillion dollars to bail out these billion dollar empires or economic growth would have given the people the power to work and make their subprime loan payments, establish credit and refi. Who knows. To me..the bail out is just polishing the brass on the Titanic. Every Republican knows it. This ain’t fixable folks. The more America weakens, the stronger our enemies grow as we scramble around carring too much about white knuckling our paychecks and shopping at Wal-Mart. Iran is about to have a bomb, N Korea too. They have China and Russia aligning themselves for a power grab and we…well, it just won’t matter then will it. Not for anyone. Its all about oil and we have plenty. They want more. What do I know though and where is my voice? I just hold my children, pray, do what I can to prepare and thank God for each day until Jesus comes. Yeah, you heard me. Its the horseman with the scales, stupid. Love in Christ, ~J~
Posted by: Jana Anderson | September 23, 2008, 2:20 pm 2:20 pm
Thank you, George Bush. Thank you, John McCain. Thank you, Sarah Palin. I’m sick to my stomach after reading the following:
“We are now at a tipping point, with about half of the country now penetrated by a range of Sunni militant groups including the Taliban and al Queida,” Jones said. Jones said there is growing concern that Dutch and Canadian forces in Afghanistan would “call it quits.”
“The US military would then need six, eight, maybe ten brigades but we just don’t have that money,” Jones said.
Last week, Admiral Michael Mullen, the chairman of the Joint Chiefs of Staff, told Congress “we’re running out of time” in Afghanistan. “I’m not convinced we’re winning it in Afghanistan,” Adm. Mullen testified.
Posted by: Mr. Coffee | September 23, 2008, 2:21 pm 2:21 pm
hey pass the cranberry sauce and dont forget to STICK A FORK IN THAT FAT REPUBLICAN TURKEY!!
i know what I am going to be most thankful of this thanksgiving (hint: NO MORE REPUBLICAN IN THE WHITE HOUSE FOR AT LEAST 12 YEARS MINIMUM!!)
Posted by: bah | September 23, 2008, 2:22 pm 2:22 pm
Another decision that’s above his paygrade.
Posted by: Mack | September 23, 2008, 2:24 pm 2:24 pm
Wasn’t it the lack of regulation that helped the great depresssion along? Humans are just greedy and irresponsible. If those in power are not regulated, the majoroty of us will be at the mercy of the powerfully corrupt, as we have been these last few years. Something certainly must be done. As for the taxpayers, we are in danger from the bankers’ bad judgment. Shouldn’t the republicans be just as willing to use our money to protect us so as to avoid anyone looking for a handout? I installed an alarm system at my own expense to protect myself and mine, even though I was not planning on robbimg me. This loan is kinda the same principle. We can punish later. Let’s avoid a depression now.
Posted by: Suzie Q | September 23, 2008, 2:25 pm 2:25 pm
theres not going to be any depression Suzie. BOOO!
Posted by: bah | September 23, 2008, 2:27 pm 2:27 pm
He’s still waiting to hear back from 150 of his 300 advisers. He’ll get back to you shortly.
Posted by: Mack | September 23, 2008, 2:30 pm 2:30 pm
its obvious a lot of people posting here didnt finish 2nd grade.read the article again and really slow with a dictionary if you need to.
obama is CLEARLY on the fence on this bailout legislation AS THE REPUBLICANS AND BUSH HAVE PROPOSED , he has stated a position that sounds fairly intelligent and has also said he will NOT rubber stamp this bill for any reason without the appropriate measures included that will safeguard the american taxpayer , a call FIRST made by the DEMOCRATS and since then the republican have jumped on their coattails trying to ride along as ” conservatives” .
thank whoever that there was not a republican majority in the house of representatives, that $800,000,000,000.00 would already be in swiss bank accounts and who knows where else.
this is another booga booga republican SHAM ,trying to scare the american public again . just in time for halloween too… BOOO!!
Posted by: bah | September 23, 2008, 2:35 pm 2:35 pm
Obama needs to Bomb the bailout.
Wall Street’s welshers deserve to get their kneecaps busted – not a blank check from big daddy warbucks.
I Don’t support any plan that allows Republicans to tax me to pay off their gambling debts – under the next administration.
This bailout will only slow the crash and replace it with runaway inflation.
The next administration will need a free hands for the massive cleanup, not a negative $700 billion dollar starting line.
Posted by: John Quimby | September 23, 2008, 2:52 pm 2:52 pm
Obama is on the fence b/c McCain has has expressed his doubts and concerns about the bill and has not endorsed it. Obama takes his cues from McCain b/c Obama literally has no idea what to do. He recycled almost verbatim what McCain had said. Which is what he ended up doing on the Georgia crisis after his first two statements were shown to be weak and cowardly. I am scared to death for this country if Obama is elected. The man cannot take a stand on any issue.
Posted by: sarah | September 23, 2008, 2:55 pm 2:55 pm
Just like he did Hilary Clinton with Universal Health Care,Obama echoes whatever his opponet says and tries to come across like it was his idea. Obama is a phoney, he should be in Hollywood with his croonies.
Posted by: pj | September 23, 2008, 2:57 pm 2:57 pm
Big corporate greed knows no limits or ethics. Conservatives barred regulations to big corporations for years in the name of free market, with their favorite motto THE MARKET WILL SELF ADJUST or REGULATIONS WILL ONLY HURT THE MARKET. Now that their free market is heading for a free fall from the insatiable greed, they want a socialist solution so they can keep lining their own pockets with tax payers’ money. Neat tricks for stupid people who keep voting for conservatives, thinking we are not being screwed enough and their experience can really SAVE us.
Posted by: Maddi | September 23, 2008, 3:08 pm 3:08 pm
I appreciate Obama’s calm, cool head…a true leader
Posted by: Geni | September 23, 2008, 3:11 pm 3:11 pm
Obama needs many miracles to be president of this great nation.
McCain/Palin does not need any miracles.
http://www.wnd.com/index.php?fa=PAGE.view&pageId=74783
http://wnd.com/index.php?fa=PAGE.view&pageId=60559
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=74635
Posted by: Judge | September 23, 2008, 3:23 pm 3:23 pm
Obama The Slum Lord Scandal – A Boston Globe investigation exposes corrupt Obama with an article and video about poor blacks condemning Obama
http://www.boston.com/news/nation/articles/2008/06/27/grim_proving_ground_for_obamas_housing_policy/?page=1
Posted by: LightSeeker | September 23, 2008, 3:31 pm 3:31 pm
Only he could come up with a vision of “popping champagne” in such a dire situation. He just can’t relate to the dangerous times we are in. He just doesn’t get it.
Posted by: georgia | September 23, 2008, 3:44 pm 3:44 pm
lightseeker another republican paid video??.Senator Obama came out with his proposal first than McCain followed after he had his mini fit and wanted to fire someone he couldn’t LOLGive us some more laughs Repugs
Posted by: bernie | September 23, 2008, 3:52 pm 3:52 pm
finnally somebody who talks with common sens and is not naive to discoverthat greed is a human behavior.
Posted by: goDem | September 23, 2008, 3:59 pm 3:59 pm
Talk about not “getting it”. Obama actually talked about “popping champagne”? Nobody is going to celebrate this no matter how it comes out. This is a game to him. He’s not concerned about people’s lives who might lose their retirements, nor is he concerned about people who have no investments but are saddled with their share of the bailout. Typical Obama.
Posted by: Kitty | September 23, 2008, 4:07 pm 4:07 pm
Obama and Ayers Pushed Radicalism On Schools (Media Yawns)
“Mr. Ayers is the founder of the “small schools” movement (heavily funded by CAC), in which individual schools built around specific political themes push students to “confront issues of inequity, war, and violence.” He believes teacher education programs should serve as “sites of resistance” to an oppressive system. (His teacher-training programs were also CAC funded.) The point, says Mr. Ayers in his “Teaching Toward Freedom,” is to “teach against oppression,” against America’s history of evil and racism, thereby forcing social transformation.
The Obama campaign has cried foul when Bill Ayers comes up, claiming “guilt by association.” Yet the issue here isn’t guilt by association; it’s guilt by participation. As CAC chairman, Mr. Obama was lending moral and financial support to Mr. Ayers and his radical circle. That is a story even if Mr. Ayers had never planted a single bomb 40 years ago.”
http://online.wsj.com/article/SB122212856075765367.html
Posted by: LightSeeker | September 23, 2008, 4:10 pm 4:10 pm
According to the U.S. Census, there were 111,162,259 households in the United States. Here is an alternative, distribute the 700 billion dollars to American households in checks that cannot be cashed but must be deposited into a bank account that cannot be withdrawn until the end of 2010. This will help give banks the wherewithal that they need to make homeloans and at the end of 2 years Americans will be able to use those funds to pay off the higher income taxes that we will incure as a result of our huge national debt.
Posted by: Jose | September 23, 2008, 4:53 pm 4:53 pm
I think we better Get Ron Paul on the line – Neither Obama nor McCain have the guts to stand up for us.
Posted by: zoom24 | September 23, 2008, 5:47 pm 5:47 pm
Vote to stop the bailout! http://www.stopthehousingbailout.com/
Posted by: Jose | September 23, 2008, 5:55 pm 5:55 pm
You all are obviously too young to remember reality.
The rules that the markets have fallen apart on – deregulating financial institutions and forcing mortgage companies to stop red-lining and start writing questionable mortgages to make home ownership possible for people who just didn’t qualify – were put into place by Bill Clinton.
That’s why the Democratic Congress is busy falling all over itself to emphasize how we’re all in this together.
You are swallowing the line that the GOP is the party of the rich – yet who is holding multi-million dollar fundraisers in NY and LA?
It is your blind refusal to see the obvious that has allowed the Congress, over the past 50 years, under both parties, to dig us a horrendous hole called Socialism. Didn’t work in Europe, didn’t work in Asia, isn’t working here, because guess what – some pigs are more equal than others.
Posted by: gottabesomeonebetter | September 23, 2008, 6:28 pm 6:28 pm
“Obama called for additional legislation — not part of the administration’s $700 billion Wall Street bailout package–- to pass his proposed tax cut for working families. ”
Padding the bailout package for his own political interest?
Seriously, 700 billion being spent and he wants tax cuts stuck in there too?
Posted by: KB | September 23, 2008, 6:41 pm 6:41 pm
BUSH-LOVERS WANT A THIRD CHANCE?
THEY WANT US TO DO WHAT THEY SAY… AGAIN??
WHY?
REALLY… WHY? WHY SHOULD WE DO WHAT BUSH-VOTING-REPUBLICANS TELL US TO DO??
BECAUSE IT WORKED SO WELL THE LAST TIME?
RIGHT…
BUSH-LOVERS, YOUR TIME IS UP.
Posted by: GIGI | September 23, 2008, 6:47 pm 6:47 pm
OH! SO NOW THIS IS OBAMA’S PLAN TOO?
BUSH-SUPPORTING REPUBLICANS MUST BE INSANE IF THEY THINK WE’LL LISTEN TO THEIR GREAT JUDGEMENT AGAIN!
EACH AND EVERYONE OF YOU NEEDS TO REALIZE HOW MANY DEATHS YOU HAVE CAUSED.
HOW MANY INOCENT CHILDREN ARE DEAD IN A COUNTRY WE OCCUPIED WHILE OSAMA BIN LADEN IS LIVIN THE GOOD LIFE ELSEWHERE.
HOW MANY OF OUR SONS AND DAUGHTERS ARE DEAD SO YOU COULD FIND YOUR LOVED PRESIDENT’S WEAPONS OF MASS DESTRURCTION.
NO WAY, YOUR JUDGEMENT HAS BEEN MARRED FOREVER. I WILL NOT FORGET. YOU ALREADY DID.
Posted by: GIGI | September 23, 2008, 6:56 pm 6:56 pm
Hi,
I wanted to draw your attention to this important petition that I recently signed:
“Impeach Senator Barack Obama”
http://www.ipetitions.com/petition/obamaimpeachment?e ………
I really think this is an important cause, and I’d like to encourage you to add your signature, too. It’s free and takes less than a minute of your time.
Thanks!
————————-
http://www.ipetitions.com/petition/obamaimpeachment?e
Posted by: WillNotBeFooledByObamaNATION | September 23, 2008, 7:23 pm 7:23 pm
GIGI, how is your gay love affair going with barney, he wouldn’t be so purple if you would just stop squeezing him so hard. barney already admitted, he does not like s&m, he likes it soft and compassionate like all gay liberals do.
Posted by: hello kitty | September 23, 2008, 7:42 pm 7:42 pm
A PETITION for
The IMPEACHMENT of Senator Barack Obama
TO THE CONGRESS OF THE UNITED STATES
Whereas: Senator Barack Obama is an admitted Illegal drug user and is believed to have used illegal drugs as recently as November 1999 or more recently. Mr. Obama has maintained contact with other admitted illegal drug users.
Whereas: Senator Barack Obama used the office of IL Senator to facilitate the vote rigging in Chicago as chairman of the Illinois Senate Health and Human Services Committee. Mr. Obama pushed legislation in Senate Bill 1332 to reduce the number of members of the Health Facilities Planning Board from 15 to 9. Mr. Obama did conspire with Stuart Levine, Tony Rezko and Rod
Blogojevich to rig the committee and was rewarded with campaign contributions. The new members appointed included 3 doctors who contributed to Mr. Obama. On April 21, 2004, Stuart Levine explicitly advised Dr. Robert Weinstein, who is now indicted, of Tony Rezko’s role in manipulating the Planning Board’s vote.
Whereas: Senator Barack Obama has invoked the FOIA in Illinois when it was politically expedient and ignored or violated the FOIA at other times. In the Illinois Senate proceedings regarding Senate Bill 1416, Mr. Obama pleads the importance of
businesses bidding on state contracts having improved access to FOIA data. When later questioned about his records during his term in the IL Senate, Mr. Obama gave evasive answers or refused to supply records.
Posted by: lilij | September 23, 2008, 7:43 pm 7:43 pm
IMPEACH OBAMA!
NOW, THEREFORE, BE IT RESOLVED that we, the people, Undersigned, being citizens of the United States and residents in the Cities and States so
indicated, HEREBY Demand that the Congress of the United States begin immediate impeachment and/or expulsion proceedings against Senator Barack Obama.
Addendum: Petition to Impeach Senator Obama
August 4, 2008
Whereas as a US Senator, Barack Obama violated the stated intention of his 2006 Official Government Visa to Africa by publicly propagandizing for his cousin, Railla Odinga against the US democratic ally of Kenya.
Whereas the stated �mission� of Senator Obama�s Official Visa, according to the Kenya Office of Public Communications, was to �nurture relations
between the Continent and the United States� he, instead, made public protest before Kenya citizens to rally against their leadership,
invoking a need for �Change!� and accusing this US allied nation of �corruption.� In Official Protest of Mr. Obama�s passport abuse and
misconduct, Kenya�s government cited his �extremely disturbing statements on issues which it is clear, he was very poorly informed, and on which he chose to lecture the Government and the people of Kenya on how to manage our country.� Whereas, furthermore, there is no public record of any sanctions or reprimand by the US Congress of Senator Obama�s passport violation or campaigning on foreign soil against a US ally, history has since recorded the broadspread destruction of Kenya�s economy and large scale loss of life as a result of the violence instigated by Odinga�s ODM campaign there.
Sign the petition
Posted by: lilij | September 23, 2008, 7:44 pm 7:44 pm
God CAN NOT bless Obama or America at this time in history. God is a god of Life, not pro choice. Partial birth abortion (100% supported by Obama) AND the denial of medical treatment for babies who do survive is the shedding of innocent blood.
We are fortunate we have not condemned ourselves for our actions.
Posted by: lilij | September 23, 2008, 7:48 pm 7:48 pm
Sounds like Obama’s taken a page from the Bill Clinton book of economics-if it ain’t broke don’t fix it-if it is broke, let somebody else fix it. Take the credit or play possum as necessary.
Posted by: Grand Old Party | September 23, 2008, 7:49 pm 7:49 pm
He can pop that champagne cork up his a$$.
Posted by: W | September 23, 2008, 8:06 pm 8:06 pm
it’s funny how the liberal media thinks it’s view’s are the populas of this country.
Posted by: hello kitty | September 23, 2008, 8:18 pm 8:18 pm
What is even funnier (or actually sadder, depending on how you look at it) is how many have fallen on Obama band wagon!
Posted by: lilij | September 23, 2008, 8:31 pm 8:31 pm
Take a look at this chart of bank failures 1935 to present
http://mjperry.blogspot.com/2008/01/history-of-us-bank-failures.html
Note that 99% of them happened during the 12 yrs of Reagan-Bush. (This was the era of the S&L scandal featuring Arizona businessman Charles Keating –remember him?)
And then tell me again that lax banking regulation is a Democratic problem. Under the GOP, the regulators are simply guys from the industry who use the revolving door of govt..
Look at Paulson. 30 yrs at Goldman-Sachs, last salary $36M for ONE YEAR oF WORK. He lets Lehman die and Merrill get sold. But when it’s Goldman Sachs on the edge—bailout time, and on Monday morning, shazzam, they are now a regular, insured bank.
Tell us again that minorities and Democrats are responsble. Go out on the street and shout the news to all the people too–but watch out for the shovels
Posted by: jhh | September 23, 2008, 9:01 pm 9:01 pm
TO Lillij: I do not even know how to respond to except to say. YOU ARE COMPLETE AND UTTER FOOL. I am not a McCain supporter, but I would not even go that low. Impeach Obama petition???- WTF. How about we impeach McCain/Bush for lying to the American people, killing and not supporting American soliders, bankrupting our system and spitting on the constitution, how about that!!!! I am going to pray for you because you obviously have some issues. Please see somebody before it is too late.
FYI, FOR ALL YOU BRAINWASHED CONSERVATIVE RIGHT WINGNUTS RUSH LIMBAUGH SHEEPS, OBAMA HAD A PLAN WELL BEFORE MCCAIN, (CNN,MSNBC) HE WAS ALREADY ON TOP THIS, WHILE MCCAIN WAS SCRATCHING HIS DUMB ASS. EVEN MCCAIN’S REPUBLICAN BUDDIES, GEORGE WILL, SAID HE DID NOT KNOW WHAT HE WAS SAYING OR DOING. HENCE, WHY OBAMA IS AHEAD IN THE POLLS. OUCH.
Posted by: cynthia | September 23, 2008, 10:28 pm 10:28 pm
WAO..
LISTEN TO THIS “CHRISTIAN”
———————-
God CAN NOT bless Obama or America at this time in history.
We are fortunate we have not condemned ourselves for our actions.
Posted by: lilij | Sep 23, 2008 11:48:40 PM
———————-
CHRISTIANS BELIEVE IT IS A SIN TO USE THE NAME OF THE LORD IN VAIN.
BUT I’LL TELL YOU ONE GROUP OF PEOPLE WHO USE FEAR TO GET THEIR POINT ACROSS
TERRORISTS
Posted by: GIGI | September 23, 2008, 10:34 pm 10:34 pm
DOUBLE STANDARDS – 2008 PRESIDENTAL ELECTION
·
· If a black Democratic presidential candidate graduated 894 out of 899 at the Naval Academy, Fox News and the conservative right would push this story as the basis for his disqualification for the nation’s highest office. The rest of the media would then be forced to report on it, giving the story wide exposure. (McCain graduated 894 out of 899)
· If a white Republican presidential candidate graduated magna cum laude from Harvard Law School, he would be celebrated as an intellectual giant ready to lead the country in bold new directions. (Obama graduated top of his class at Harvard)
· If you’re a (M. Obama) Harvard and Princeton-educated black woman married for years before having your first child, Fox labels you a “Baby Mama.”
· If you (Palin) are a white woman who eloped and had a baby eight months later, you are every-woman and a hero for “doing the right thing” and getting married at all.
· If you have studied international affairs for several decades, you’re “inexperienced at foreign affairs.”
· If you live in a state that is geographically near a foreign country, you have “foreign policy expertise.” (Palin, “I have FPE because Alaska is next to Russia”
· If a white republican president (Reagan) speaks among thousands of admiring Europeans, he is deemed a respected world leader.
· If a black democratic presidential candidate speaks among thousands of admiring Europeans, he is deemed the ant-christ and presumptuous.
· A white presidential candidate is perceived as being confident,
· A black presidential candidate is perceived as being arrogant.
· A white republican candidate with 7 houses, 13 cars, wears $500 dollars shoes is seen as being a regular/average guy.
· A black presidential candidate with 1 house, 1 car, who recently paid off student loans is seen as an Elitist.
· If you (Obama) both write and present your own words, you just “give good speeches.” (But after all, it’s only words, right?)
· If you (Palin) read someone else’s words from the teleprompter -— a “superstar is born.”
If you are a white presidential candidate who sought the endorsement of a known anti-semetic and racist, or a VP candidate who attend churches over the years whose pastors say that the job of Christians is to bring Christian theological principles into government, and who bring in speakers who say the conflict in the Middle East is God’s punishment on Jews for rejecting Jesus, and everyone can still think you’re just a good church-going Christian.
If you are black presidential candidate and friends with a black pastor who has noted (as have Colin Powell and the U.S. Department of Defense) that terrorist attacks are often the result of U.S. foreign policy and who talks about the history of racism and its effect on black people, you’re an extremist who probably hates America.
A republican candidate whose husband was a member of an extremist political party that wants your state to secede from the Union, and whose motto was “Alaska first,” and no one questions your patriotism or that of your family.
A democrat presidential spouse words can be taken out of context and labeled an unpatriotic radical or your spouse merely fails to come to a 9/11 memorial so she can be home with her kids on the first day of school, people immediately think she’s being disrespectful.
· If you (Obama) attend two of the top Ivy League schools in the country, you are surprisingly “articulate.”
· If you graduate from the 5th or 6th college you attend and you deliver a speech with the phonetic “new-clear” on the teleprompter, you’re a poised and eloquent speaker, (Palin)
· If your (McCain) staff is so dumb they mix up Walter Reed Middle School for Walter Reed Medical Center in your convention’s big night, it’s because you wanted to focus on education & it would have been political to use the soldiers in that format.
· If your staff (Obama) coordinates a disciplined convention where attention is paid to every detail and all the trains run on time, you are dinged as “presumptuous” for using Greek columns in your backdrop.
· A white woman talking tough is an advocate of women’s rights; a black woman is angry and bitter.
· A white man talking tough is a straight shooter and a conservative; a black man is an angry gangsta rapper.
· If you’re a Republican and you talk to America’s enemies, it’s diplomacy.
· If you’re a Democrat and you talk to America’s enemies, it’s appeasement.
· If you are a black person supporting Obama, it is because “he is black.”
If you are white person supporting McCain, it is because he is “the best candidate”
· If you’re a Republican and you wind up on the cover of People magazine, it’s because you’re a “regular American.”
· If you’re a Democrat and you wind up on the cover of People magazine, it’s because you’re a “celebrity.”
· If you’re (Paliin) white, win a beauty contest, attend 5-6 colleges before finally graduating, join the PTA, are voted to be mayor by 1000 people, govern a sparsely populated state for less than two years, and get chosen at the last minute to be VP… you’ve lived the American dream.
· But if you’re black, raised by a single mother, live on food stamps, help the community, graduate from Columbia and Harvard Law School, become the first black editor of the Harvard Law Review, serve in both a state senate and the U.S. Senate, build a great campaign organization from scratch, and are voted to be the presidential nominee by millions of people, you are uppity.
· If you’re a GOP’er right wingnut conservative, you naturally would NOT see what the problem with any of this was, even if you slept for 20 years on a dictionary opened to the word ‘HYPOCRISY’.
Posted by: cynthia | September 23, 2008, 10:36 pm 10:36 pm
To Willnotvoteforobamnation=
GO TO HELL!!!! The day Obama is impeached is the day McCain/Bush gets impeached. Idiots.
Posted by: cynthia | September 23, 2008, 10:45 pm 10:45 pm
$222,689,884,457 is the cost of the military-industrial complex. Democrat President Johnson expanded the Vietnam conflict and the military-industrial complex grew.
Republican President Eisenhower’s farewell speech warned the American public about the military-industrial complex. Democrat President Kennedy wanted to withdraw all the troops from Vietnam. There is always a question about the timing of President Kennedy’s assassination. President Johnson assumed the Presidency.
Obama in a recent speech stated he would send troops to Pakistan. Can this be just another Democrat that talks like President Johnson? President Johnson said he will bring the troops home from Vietnam and later decided to expand the Vietnam War killing Americans and Vietnamese. Obama stated I would return the troops from Iraq. Later he states he would send troops to Pakistan.
I do not trust Obama’s double talk. I voted for President Johnson and that was the last time I voted Democrat. President Johnson was unpopular because of his doubled standards and lies about Vietnam. Joe Biden finds it difficult to keep up with the changing rhetoric of Obama. It is NO Obama.
http://www.militaryindustrialcomplex.com/
Posted by: Judge | September 24, 2008, 3:07 am 3:07 am
Goldman Sachs stole your investments. Bush regime = Paulson and Cox.
Contact your state reps and let them know that Wall Street gets no $700B deal unless every H1B visa recipient gets sent home so that Americans can work. There is no worker shortage and the temporary workers do not buy homes or invest in our economy.
Obama/Biden 08!
Posted by: Common Sense | September 24, 2008, 3:30 am 3:30 am
The squat brick buildings of Grove Parc Plaza, in a dense neighborhood that Barack Obama represented for eight years as a state senator, hold 504 apartments subsidized by the federal government for people who cannot afford to live anywhere else. However, it is not safe to live here. It is an Obama failure of the worse kind. This is an Obama program.
Obama cannot properly represent voters in his Illinois district. Here is a sample of the representation Obama will give all American voters.
http://www.boston.com/news/nation/articles/2008/06/27/grim_proving_ground_for_obamas_housing_policy/?page=1
Posted by: Judge | September 24, 2008, 3:51 am 3:51 am
Bush did not steal investments…the Clinton administration gave away the investments.
The Real Culprits In This Meltdown
>
> INVESTOR’S BUSINESS DAILY
> Posted 9/15/2008
> Big Government: Barack Obama and Democrats blame the historic
> financial turmoil on the market. But if it’s dysfunctional, Democrats
> during the Clinton years are a prime reason for it.
>
> Obama in a statement yesterday blamed the shocking new round of
> subprime-related bankruptcies on the free-market system, and
> specifically the “trickle-down” economics of the Bush administration,
> which he tried to gig opponent John McCain for wanting to extend.
> But it was the Clinton administration, obsessed with multiculturalism,
> that dictated where mortgage lenders could lend, and originally helped
> create the market for the high-risk subprime loans now infecting like
> a retrovirus the balance sheets of many of Wall Street’s most revered
> institutions.
> Tough new regulations forced lenders into high-risk areas where they
> had no choice but to lower lending standards to make the loans that
> sound business practices had previously guarded against making. It was
> either that or face stiff government penalties.
> The untold story in this whole national crisis is that President
> Clinton put on steroids the Community Redevelopment Act, a well-
> intended Carter-era law designed to encourage minority homeownership.
> And in so doing, he helped create the market for the risky subprime
> loans that he and Democrats now decry as not only greedy but
> “predatory.”
> Yes, the market was fueled by greed and overleveraging in the
> secondary market for subprimes, vis-a-vis mortgaged-backed securities
> traded on Wall Street. But the seed was planted in the ’90s by Clinton
> and his social engineers. They were the political catalyst behind this
> slow-motion financial train wreck.
> And it was the Clinton administration that mismanaged the quasi-
> governmental agencies that over the decades have come to manage the
> real estate market in America.
> As soon as Clinton crony Franklin Delano Raines took the helm in 1999
> at Fannie Mae, for example, he used it as his personal piggy bank,
> looting it for a total of almost $100 million in compensation by the
> time he left in early 2005 under an ethical cloud.
> Other Clinton cronies, including Janet Reno aide Jamie Gorelick,
> padded their pockets to the tune of another $75 million.
> Raines was accused of overstating earnings and shifting losses so he
> and other senior executives could earn big bonuses.
> In the end, Fannie had to pay a record $400 million civil fine for SEC
> and other violations, while also agreeing as part of a settlement to
> make changes in its accounting procedures and ways of managing risk.
> But it was too little, too late. Raines had reportedly steered Fannie
> Mae business to subprime giant Countrywide Financial, which was saved
> from bankruptcy by Bank of America.
> At the same time, the Clinton administration was pushing Fannie and
> her brother Freddie Mac to buy more mortgages from low-income
> households.
> The Clinton-era corruption, combined with unprecedented catering to
> affordable-housing lobbyists, resulted in today’s nationalization of
> both Fannie and Freddie, a move that is expected to cost taxpayers
> tens of billions of dollars.
> And the worst is far from over. By the time it is, we’ll all be paying
> for Clinton’s social experiment, one that Obama hopes to trump with a
> whole new round of meddling in the housing and jobs markets. In fact,
> the social experiment Obama has planned could dwarf both the Great
> Society and New Deal in size and scope.
> There’s a political root cause to this mess that we ignore at our
> peril. If we blame the wrong culprits, we’ll learn the wrong lessons.
> And taxpayers will be on the hook for even larger bailouts down the
> road.
> But the government-can-do-no-wrong crowd just doesn’t get it. They
> won’t acknowledge the law of unintended consequences from well-
> meaning, if misguided, acts.
> Obama and Democrats on the Hill think even more regulation and more
> interference in the market will solve the problem their policies
> helped cause. For now, unarmed by the historic record, conventional
> wisdom is buying into their blame-business-first rhetoric and bigger-
> government solutions.
> While government arguably has a role in helping low-income folks buy a
> home, Clinton went overboard by strong-arming lenders with tougher and
> tougher regulations, which only led to lenders taking on hundreds of
> billions in subprime bilge.
> Market failure? Hardly. Once again, this crisis has government’s
> fingerprints all over it.
Posted by: Judge | September 24, 2008, 3:55 am 3:55 am
The sub-prime lending is like Affirmative action even though you are not qualified we well give you the loan anyway wow.Who would come up with something like that sound pretty risky to me
Posted by: reddog0216 | September 24, 2008, 4:12 am 4:12 am
Hey Ya’ll!!
Since some of you are so concerned that I was laid off, I wanted you to see the HOPE that McCain is to me!
You see, I see there might be an vacant position, and there you go! McCain! ending unemployment!!!
yes yes… very soon there will be an open slot for CAMPAIGN MANAGER!
too bad I might not be qualified, being that I DON’T KNOW HOW TO LIE.
Posted by: GIGI | September 24, 2008, 4:28 am 4:28 am
Obama in an earlier statement blamed the shocking new round of subprime-related bankruptcies on the free-market system, and specifically the “trickle-down” economics of the Bush administration, which he tried to gig opponent John McCain for wanting to extend.
The untold story in this whole national crisis is that of the Carter/Clinton administrations, passed legislation that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street’s most revered institutions. In 1977, a Democrat Congress passed and President Jimmy Carter signed, perhaps a well-intended piece of legislature at the time designed to encourage minority homeownership; The Community Reinvestment Act (CRA), and the ACORN Housing Corporation (AHC). The U.S. Congress through the CRA compelled banks and lending institutions to make loans to “communities of color” disregarding sound economic and risk guidelines. . . . In short, a Democrat Congress and President demanded that banks change the rules of good banking and open the Pandora’s Box of mortgage defaults and foreclosures now coming to a head. This home-parity concept of the radical left was mobilized by ACORN. . . . resulting in a purchase of a property without any credit, income, employment, and zero down payment. . . .
President Clinton then put on steroids the same ACT (Community Reinvestment Act) and in so doing, he helped create the market for the risky subprime loans that he and Democrats now decry as not only greedy but “predatory.” Tough new regulations forced lenders into high-risk areas where they had no choice but to lower lending standards to make the loans that sound business practices had previously guarded against making. It was either that or face stiff government penalties. Yes, the market was fueled by greed and overleveraging in the secondary market for subprimes, vis-a-vis mortgaged-backed securities traded on Wall Street. But the seed was planted in the ’70/90s by Carter/Clinton and their social engineers. They were the political catalyst behind this slow-motion financial train wreck
Posted by: Empowered American | September 24, 2008, 6:07 am 6:07 am
Perhaps one of the best known and read conservatives in America is George Will.
Addressing McCain’s quck-to-anger temperment, Will wrote “…McCain, because of his boiling moralism and bottomless reservoir of certitudes is not suited to the presidency.”
Says it all
Posted by: Wm. J. LePetomaine | September 24, 2008, 6:34 am 6:34 am
http://clinton6.nara.gov/1993/12/1993-12-08-briefing-by-bentsen-and-rubin.text.html The truth must be read for one self
Posted by: reddog0216 | September 24, 2008, 7:02 am 7:02 am
Tucker Bounds? This guy is a joke. Every question asked of him he responds with a diatribe of BS about what Obama would or wouldn’t do.
The press has been playing Stump Tucker Bounds and they’ve been beating his a$$. He sounds as bad as his boss, Senator McCain.
Posted by: Tommy Thompson | September 24, 2008, 7:07 am 7:07 am
NoBama doesnt give a $hit about people having a tough time. This election is about HIM. THE ONE. We just had devastating floods here in Illinois and one of our leadrs is MIA. WHy, cause he has this stae locked up. Why? Because of the color of his skin, i.e. Chicago. I just love the fact that he has now shown that he wont vote, unless its close. Wow, thats new. Well, WHICH WAY WILL YOU VOTE Mr MESSIAH? THATS THE QUESTION. Everybody asking where McCain stands, and OBama gets a pass. WTF?
Posted by: wakeuppeople | September 24, 2008, 8:45 am 8:45 am
Hey repugnants, why in the hell does baling out the mess that you all created upset you so much, when your moron party has run 400 billion dollar deficits for the last 8 years.
Time for you all to go now, your work is done here. The country is in the toilet thanks to you.
Posted by: Independent realist | September 24, 2008, 8:46 am 8:46 am
Its time for the american people to FLUSH you out of control, and bring back true american values.
Posted by: Independent realist | September 24, 2008, 8:48 am 8:48 am
McCain was an incoherent, blithering idiot when this financial crisis hit. He flip-flopped and ranted for 3 days. Then he put on a phony “populist” act, as if McPhilGramm really meant a single word he was saying. His deregulation policies are what got us here in the first place. Yep, it’s just more BS from McSame.
Posted by: winnie47 | September 24, 2008, 9:12 am 9:12 am
Wow, mcnuts is scared to death to debate on Friday. He is such a loser. Obama should hold his feet to the fire and watch him burn on Friday nite.
Posted by: Deborah | September 24, 2008, 11:48 am 11:48 am
please take care of our economy before campaigning. also, please include the homeowners who lost their homes in the bailout. the sooner we pull our troops in iraq we will have money to help our economic problems. let’s put our dollars where they are needed the most.
ceo’s and heads of these financial institution who are in trouble should return their bonuses so these companies can operate not using the taxpayers’ money.
Posted by: Erlinda | September 24, 2008, 12:09 pm 12:09 pm
I sure feel sorry for Bernanke and Paulson. They have to clean up Greenspan’s mess (aided by Blowjob Clinton).
I’ve started hoarding food and water. Soon I’ll clean my guns and hunker down for what’s to come.
Posted by: Billy Bob | September 24, 2008, 1:52 pm 1:52 pm
If Bush wants this bail out you can bet your life its the wrong thing to do he has been wrong on everything the last 8 years so what would make him right now unless he was to bail out main street along with wall street???
Ainie What did Obama ever do to you that you have so much hate for one person???
Beck good for you
Posted by: Rose Szymanski | September 24, 2008, 8:17 pm 8:17 pm
I for one will be voting for the candidate that is going to do the best for the USA and the citizens of the USA not Iraq or any other foreign country.
Posted by: Rose Szymanski | September 24, 2008, 8:59 pm 8:59 pm
Here, Here! BKM………….. Obama/McCain, it doesn’t matter it is the same coin! As a small business owner they wouldn’t bail me out and I would never expect nor ask for such a thing from the feds or my fellow taxpayer if I were lying, cheating and stealing!
Posted by: RG | September 25, 2008, 11:46 am 11:46 am