By Natalie Gewargis

Sep 17, 2008 12:54pm

Bare Sterns*

And just as we noted how Sen. Barack Obama’s campaign misstated what AIG stands for (see previous post), we should point out that McCain this week called the SIPC, or Securities Investor Protection Corporation, the “SPIC." *

More importantly, despite his essential support of the AIG bailout professed this morning, McCain just yesterday told NBC "we cannot have the taxpayers bail out AIG or anybody else," and when asked on CNBC if the government should "let it fail," McCain said "I think you have to."

– jpt

*UPDATE: Due to an over-active spellcheck function on the part of an ABC News computer, this post originally — and erroneously — said the McCain campaign had misspelled "Bear Stearns" and "Fannie Mae" in a press release. It had not, and I regret and apologize for the error.

User Comments

Jake,
Regarding AIG: The proposal that McCain was objecting to was VERY different than what came out in the end. You should study up on finance before commenting.
The Fed is taking a stake in AIG in order to wind it down over 2 years by providing a loan.
THIS IS NOT BAILING OUT AIG. THIS IS LETTING THEM FAIL IN A RESPONSIBLE WAY.

Posted by: JA | September 17, 2008, 1:02 pm 1:02 pm

Obama tried to stall troop withdrawl — the charge has been confirmed with a second NY Post article and the Irqi Foreign Minister’s complete interview quotes. a new ad is coming out to get Obama for this.
Will ABC report this?

Posted by: amy | September 17, 2008, 1:06 pm 1:06 pm

Be careful Jake, you will now be labelled as working for Obama to make McCain look bad. McCain supporters are not smart enough to realize that McCain needs no help there, he is a pro at that himself.

Posted by: barb | September 17, 2008, 1:06 pm 1:06 pm

McCain has spent 26 years fighting for deregulation. Now he says we should let these companies fail.
Does he have a clue what that would do to the US economy? We would be stuck reliving 1929. Banks would freeze assets, big and small companies would no longer be able to pay their workers.
The US population in 1930 was 130 million, today it’s over 300 million.
Imagine 170 million more people fighting to survive.
McCain fought tooth and nail to deregulate, time for him to admit he has bad judgment.

Posted by: Dan | September 17, 2008, 1:10 pm 1:10 pm

WHAT’S FAIR IS FAIR. It’s ok for McCain to nit pick but Obama can’t?
God help us all if we are stupid enough to vote republican again. What more do they have to do to us, put us into a depression? Oh yes we are on our way there.

Posted by: Barb | September 17, 2008, 1:12 pm 1:12 pm

The spelling is not a major point. The suffering of the American people caused by Republican deregulation is the major point.
McCain has voted for deregulation and has pushed deregulation. Now he all of a sudden McCain is all for regulation.
McCain has admitted he did not know much about the economy. Look at McCain’s history in Congress. Obama proposed regulation for the mortgage industry in 2006. Only a couple months ago, McCain said people were better off than 8 years ago, which is not true for many people.
Obama has talked about needing mortgage regulation throughout his campaign and before he started running for President.
During the Democrat debate with current Chris Dodd, Chairman of the Banking Committee, Obama argued for additional controls for the financial industry.
McCain is a hypocrite. He voted for the deregulation pushed through Congress by his 26 year friend. McCain voted for the Gramm-Leach-Bliley Act of 1999
Phill Gramm, McCain’s “genius” financial adviser campaign, co-authored the Gramm-Leach-Bliley Act that Gramm had pushed for years with massive financial industry lobbying, destroyed the Depression-era barrier to the merger of stockbrokers, banks and insurance companies. Gramm deregulated the futures trading industry, which caused Enron and the increased cost of oil and other commodities.
Treasury Secretary Paulsen already proposed what McCain started proposing on Monday. Paulsen recommended combining the SEC and CFTC, which Congress has talked about for many years, but never take any action
3/31/08, hp-896, Treasury Releases Blueprint for Stronger Regulatory Structure
The Blueprint recommends creating a new federal commission for mortgage origination to protect consumers better. The report also recommends modernizing the President’s Working Group on Financial Markets and clarifying the Federal Reserve’s liquidity provisioning, as Secretary Paulson discussed last week
The Sarbanes-Oxley Act of 2002 added some controls for company financial statements, but the whistleblower portion is a joke.
The Bush administration and the courts have stripped most whistleblower protection, which means anyone making a whistleblower complaint will have their career ruined.
Wake-up America! Congress has known since Enron that additional protection is needed. Bush’s political appointees have further destroyed our economy.

Posted by: Julie | September 17, 2008, 1:13 pm 1:13 pm

that iraq story is completely false
and if it were true the mccain camp should be toting it as responsible right?
i mean they dont want our troops withdrawn right?
anyway completely false

Posted by: Bhrandon | September 17, 2008, 1:13 pm 1:13 pm

Dan, he was all for saving the ones that support the top richest of this country… but not for the ones that support the average person. McCain is an empty suite…you would be a fool to vote for this man.

Posted by: beck | September 17, 2008, 1:13 pm 1:13 pm

Good gravy, where are the campaign proof readers on both sides?

Posted by: Ryan C | September 17, 2008, 1:14 pm 1:14 pm

Ok Jake people do make stupid mistakes when it comes to names, spelling etc.. Let’s talk about issues instead.
You could go forever about these kinds of things in both camps.

Posted by: Thinking | September 17, 2008, 1:17 pm 1:17 pm

Republican President Herbert Hoover on Oct. 25, 1929:
“The fundamental business of the country, that is the production and distribution of commodities, is on a sound and prosperous basis.”
Republican candidate for president John McCain on Sept. 15, 2008:
“I think, still the fundamentals of our economy are strong.”

Posted by: El_Pajaro | September 17, 2008, 1:18 pm 1:18 pm

McCain can’t even keep his straight for a day! All aboard the circular talk express!

Posted by: Pete | September 17, 2008, 1:18 pm 1:18 pm

Amy – your attributing insight is from an “opinion” piece in a conservative paper written by this man: Amir Taheri is a notorious fraudster. He was once powerful under the Shah’s regime but now is an Iranian exile and neocon shill. Taheri has been exposed repeatedly for simply making things up to fit his political agenda. For example, in May 2006 he published a report in the National Post (Canada) falsely stating that a new Iranian law required Jews to wear special clothing and yellow patches to identify themselves in public. The paper had to retract the story, blaming Taheri, and apologize for it. Taheri’s reputation, already extremely low in 2006, has been in the dirt ever since. – unbossed

Posted by: Paige | September 17, 2008, 1:20 pm 1:20 pm

This man is turning into a human pretzel. He has managed to take both sides of the same issue in less than twenty-four hours!

Posted by: Brooklyn Democrat | September 17, 2008, 1:22 pm 1:22 pm

The second largest recipient of political contributions from lenders Fannie Mae and Freddie Mac was Barack Obama—-the very firms that the government just had to bail out?!
So here we have Senator Obama taking all this money from Fannie and Freddie, and what did they get in return? Maybe a smile for the money and a snooze and or “40 winks” from Obama to continue their reckless lending policies—or Obama lacks judgment and never guessed that the lending practices were happening. Perhaps none of his advisors told him about this severe problem going on???????

Posted by: Mike | September 17, 2008, 1:26 pm 1:26 pm

McCain = Lipstick on a Bush

Posted by: Ed from MA | September 17, 2008, 1:27 pm 1:27 pm

The Wizard of Uh’s criticizes McCain for not being able to send emails–and he can’t stay on track without a teleprompter.
His handlers are so afraid he’ll say something stupid like “lipstick” that he has to stay scripted.
Yet BO says campaigning for 18 months is why he is qualified to be president.

Posted by: harry | September 17, 2008, 1:27 pm 1:27 pm

Yeah, well, at least you’re taking time to write about the important things Jake, like spelling!

Posted by: a reader | September 17, 2008, 1:29 pm 1:29 pm

McCain gives new meaning to the term “SPIN” in a political campaign.
He spins like a weathervane.

Posted by: Ed from MA | September 17, 2008, 1:30 pm 1:30 pm

McD’OH!!!

Posted by: Ed from MA | September 17, 2008, 1:31 pm 1:31 pm

McCain’s definition of being bipartisan is taking at least both sides on every issue if not more.

Posted by: bhciapol | September 17, 2008, 1:31 pm 1:31 pm

robert b,
Sanctimonious is being a hardcore deregulation advocate then when crisis hits because of deregulation and seeing political opportunity, call for regulation.
McCain is full of it.

Posted by: Ryan C | September 17, 2008, 1:31 pm 1:31 pm

Obama is like a college professor that rambles on and on and you sit there trying to figure out–which part of this lecture should I take notes on?
As the polls say–BO is all talk, and cannot connect to the average voter.

Posted by: riley | September 17, 2008, 1:32 pm 1:32 pm

robert b
individual multiple small donors from the same company doesn’t make you beholden…
having their lobbyists writing your policies does though.
Mccain has consistently argued for deregulation
one speech with no real actions backing it up to curb these companies outside 2…
does not make him suddenly a regulator
especially when he has argued this ENTIRE CAMPAIGN… about govt getting out of the way…deregulation deregulation deregulation.
Let the market handle it
let the market handle
late the market handle it
Please…John mccain has been consistent with the lobbyists he hired to write his policies
and regulating these guys has not been on their radar.
Period
Go do a little research on Mccain’s economic Team.
especially Gramm.
same team
same tactics
same outcome
throw the bums out

Posted by: dl (the real one) | September 17, 2008, 1:32 pm 1:32 pm

JA ,sorry but i dont buy that . this is corporate welfare ,plain and simple.
if other financial companies would have less than nothing to do with helping AIG out, why should the american government be responsible? didnt these executives make big profits? let them use those to invigorate THEIR company.
anything else is just a free ride.
and since when does any government insure an insurance companies’ insolvencies? show me another example of this happening somewhere/anywhere.
the truth is that the aig/bear stearns/m.lynch etc etc… executives have made and pocketed (into swiss banks and who knows where else) BILLIONS OF DOLLARS IN PROFITS…
let them bail their own companies out or be put in jail on graft internal corruption and fraud charges ,isnt that what happens when any other business offers a service , charges someone for it but then does not provide the service?
THESE ARE COMPANIES THAT ARE TOO BIG FOR THEIR OWN GOOD ,FOR THE PUBLIC GOOD, AND THEY NEED TO BE TAKEN APART .
if what you said was true JA , that would be fine but AIG and its money grubbing executives will be right back in the money grubbing game as soon as they can lie/cheat/steal/loophole their way into a new company doing the same old same old to their shareholders…

Posted by: bah | September 17, 2008, 1:37 pm 1:37 pm

It is a shame that at this moment McCain still cannot run on the issues. The polls are changing Americans are not stupid.

Posted by: james | September 17, 2008, 1:40 pm 1:40 pm

I’m an Obama supporter, but will admit that, just like the AIG comment earlier today, this is a typo and is not important.
What’s more important is John McCain’s fundamental misunderstanding of the fundamentals of the US economy.

Posted by: Rick | September 17, 2008, 1:42 pm 1:42 pm

- If you live in a small town
- If you believe in God and go to church on sundays
- if you have a gun at home
then you are a dangerous bitter extremist. Obama´s promised paradise is not meant for you.

Posted by: Stephen from Indiana | September 17, 2008, 1:43 pm 1:43 pm

We might as well add another one to the list:
Sarah Palin finally answered a reporter’s question — on the AIG bailout.
She used the word “impactful.”
Palin said she is “disappointed that taxpayers are called upon to bailout another one.”
“Certainly AIG, though, with the construction bonds that they’re holding, and with the insurance that they are holding, very, very impactful to Americans,” she said. “So you know, the shot that has been called by the feds, its understandable but very, very disappointing that taxpayers are called upon for another one.”
IMPACTFUL IS NOT A WORD!!!!!!!!!!!!

Posted by: Fed Up | September 17, 2008, 1:45 pm 1:45 pm

and JA, in my opinion ,letting any uninsured financial operation fail in a responsible way would mean the government would freeze the personal assets of any ceo/executive/employee paid or making more than $100,000 or so a year. use that money to bail out the company….now THAT would be responsible. thats way too simple though and way too fair for the republicans who run this government (at present), so something fair like that will never happen while they are around

Posted by: bah | September 17, 2008, 1:49 pm 1:49 pm

YET ANOTHER example documenting the shameful flip flops of John “Spin” McCain.
Does John McCain still agree with… John McCain that the Bush tax cuts for the wealthy were A) UNCONSCIENCEABLE and B) UNBALANCED IN FAVOR OF THE WEALTHY?
PLEASE ask John McCain about why he said, with regard to Lilly Ledbetter Fair Pay Act: women should get more “education and training, particularly since more and more women are heads of their households, as much or more than anybody else.”
From Gail Collins (NY Times):
“Lilly Ledbetter was a supervisor at a Goodyear Tire plant in Gadsden, Ala., for almost 20 years — the only woman who ever managed to stick it out in what was not exactly a female-friendly environment. When she was near retirement, she got an anonymous letter listing the salaries of the men who held the same job. While she was making $3,727 a month, the lowest paid man, with far less seniority, was getting $4,286.
“I was just emotionally let down when I saw the difference,” she said on Friday.
The company declined Ledbetter’s offer to settle for the difference between her earnings and that lowest-paid man’s — about $60,000. A jury awarded her $223,776 in back pay and more than $3 million in punitive damages.
Goodyear appealed, and the case arrived at the Supreme Court just as President Bush’s new appointees were settling in. The court ruled 5-to-4 against Ledbetter, saying that she should have filed her suit within 180 days of receiving her first paycheck in which Goodyear discriminated against her.
The fact that workers generally have no idea what other people are making when they start a job did not concern the court nearly as much as what Justice Samuel Alito, writing for the majority, called “the burden of defending claims arising from employment decisions that are long past.” In other words, pay discrimination is illegal unless it goes on for more than six months.
Ledbetter did not even get her back pay. And Goodyear billed her $3,165 for court-related costs.
The bill being voted on this week would have made it clear that every time a woman like Ledbetter got a check that was lower than those of the men doing the same job, it triggered a new 180-day deadline. That was the status quo before Alito and John Roberts arrived on the scene. But the sponsors needed 60 votes, and they only got 56. “I would never have believed this in the United States of America,” said Ledbetter, 70, who watched from the Senate gallery.”

Posted by: John | September 17, 2008, 1:49 pm 1:49 pm

Obama knows that all 57 states have programs in place to see that you don’t lose your insurance should the company go under.

Posted by: Scott | September 17, 2008, 1:51 pm 1:51 pm

Speaking to reporters in Amman, the Jordanian capital, McCain said he and two Senate colleagues traveling with him continue to be concerned about Iranian operatives “taking al-Qaeda into Iran, training them and sending them back.”
Pressed to elaborate, McCain said it was “common knowledge and has been reported in the media that al-Qaeda is going back into Iran and receiving training and are coming back into Iraq from Iran, that’s well known. And it’s unfortunate.” A few moments later, Sen. Joseph Lieberman, standing just behind McCain, stepped forward and whispered in the presidential candidate’s ear. McCain then said: “I’m sorry, the Iranians are training extremists, not al-Qaeda.”

Posted by: McCain the Gaffe Machine | September 17, 2008, 1:58 pm 1:58 pm

oops

Posted by: TruthSeekr | September 17, 2008, 1:58 pm 1:58 pm

Fed Up,
Just relax.
From dictionary.com
Webster’s New Millennium Dictionary of English cw 2007:
impactful adj. having a great impact or effect
Talk about minutia.

Posted by: Woody | September 17, 2008, 2:10 pm 2:10 pm

Obama:
“McCain doesn’t get it! (Sound of champagne glasses tinkling.) He doesn’t understand the average person is wondering where their next meal is coming from! (Waves away waiter offering goose liver pate.) He doesn’t connect with the regular Joe out there! (Babs! Great party! When are you going to introduce me to the One?)
Great opportunity to turn the tide with this issue, Barack, but you’re in the wrong place at the wrong time with the wrong crowd. The average person sees you taking a timeout from a national crisis to party with the Hollywood limosine liberal crowd. Nice move.

Posted by: Woody | September 17, 2008, 2:18 pm 2:18 pm

It’s not just the economy dragging McCain down.
People actually are getting turned off by the abundant and easily fact checked lies from his campaign.
Doesn’t matter that most of their ‘ads’ aren’t even on tv. He sent them out, approved them, and then the info is revealed to be false.
He has taken a very sad fall.
His numbers are falling as well.

Posted by: kravitz | September 17, 2008, 2:23 pm 2:23 pm

“The average person sees you taking a timeout from a national crisis to party with the Hollywood limosine liberal crowd”
And why is that Woody?
Because the right wing media told you so.
What they didn’t tell you that Monday, the day the market lost 500 points, John McCain held a $50K a plate dinner in Miami.
They also didn’t tell you about McCain’s hollywood fundraiser 2 weeks ago. Yes I know Stephen Baldwin is hardly a celebrity but some other stars were there.
Still feeling sanctimonious?

Posted by: Ryan C | September 17, 2008, 2:28 pm 2:28 pm

- If you live in a small town
- If you believe in God and go to church on sundays
- if you have a gun at home
then you are a dangerous bitter extremist. Obama´s promised paradise is not meant for you
——————–
And if you are unqualified, have no knowledge of domestic or international affairs, can see another country from the state you line in, and think the planet was created just 10,000 years ago:
Call John McCain – you can be his VP candidate!

Posted by: Dave | September 17, 2008, 2:29 pm 2:29 pm

NEW YORK TIMES: Throughout Palin’s political career, she has pursued vendettas, fired officials who crossed her and sometimes blurred the line between government and personal grievance, according to a review of public records and interviews with 60 Republican and Democratic legislators and local officials. WE DONT NEED A PERSON LIKE THIS IN OUR COUNTRY. SHE WILL NOT REACH OUT. SHE WILL DEVIDE OUR COUNTRY.

Posted by: SARAH-LIE | September 17, 2008, 2:33 pm 2:33 pm

Obama used the troops for political gain.
He’s not fit to be Commander-In-Chief.
Time for the MSM to stop worrying about Palin’s tanning bed and report Obama’s act of treason.

Posted by: sally | September 17, 2008, 2:37 pm 2:37 pm

hey Scott, obama knows that the individual states’ plans and funds to prop up insurance companies would be flat busted in about 25 minutes or so after AIG went belly up with no intervention.
already low state treasuries will get rapidly depleted… not pretty (or economically viable) and guess who the states will whine to for help after that if it would happen ? yeah thats right ,uncle sam aka the working stiff/taxpayer.
i guess you didnt know that.

Posted by: bah | September 17, 2008, 2:37 pm 2:37 pm

McCains decision to put Palin as his running mate will bacfire on him. He does not know Palin well. For all we know she is a PSYCHO.

Posted by: HAHA | September 17, 2008, 2:42 pm 2:42 pm

“Now try to be understanding. Some of these people still think FOX is a legitimate “news” channel.”
I try. But I think its important for people to know they are being lied too and made fools of by the right wing media.

Posted by: Ryan C | September 17, 2008, 2:44 pm 2:44 pm

“report Obama’s act of treason.”
News organizations rightfully consider Amir Taheri to be a purveyor of falsehoods.
What the media doesn’t talk about enough is if John McCain gave Georgia assurances of US military support before it decided to attack separatists & Russian peacekeepers.
Considering McCain’s chief foreign policy adviser has received hundreds of thousands of dollars to lobby the US gov’t on behalf of the Georgia gov’t
Country First, my heinie.

Posted by: Ryan C | September 17, 2008, 2:47 pm 2:47 pm

Shoudl read:
*UPDATE
Joe Biden responded, “No” to an AIG bailout yesterday…….

Posted by: Rick | September 17, 2008, 2:50 pm 2:50 pm

So what if Obama slipped and said
They are attacking “my Muslim faith”
Hillary clearly stated Obama is not a Muslim, “as far as I know”.

Posted by: Ryan C | September 17, 2008, 2:55 pm 2:55 pm

The imposter is back!
Get a new game right wingers

Posted by: Ryan C | September 17, 2008, 2:56 pm 2:56 pm

I wonder If there are two McCains running for president. One opposes the other. Or one McCain but with split personality. HAHAHA..

Posted by: HAHA | September 17, 2008, 3:00 pm 3:00 pm

Well excuse me if I want to spend my unemployment here licking Obama’s shoe leather each and every day.
We are in a panic at mybarack and I need to be here attacking McCain because Obama’s resume is too thin and he had no accomplishments. have you seen the polls? This should be a blowout win for any Democrat and the race is tied in PA and McCain leads in Ohio and Florida.
By the way, the kool-aid flavor is grape.

Posted by: Ryan C | September 17, 2008, 3:01 pm 3:01 pm

“What they didn’t tell you that Monday, the day the market lost 500 points, John McCain held a $50K a plate dinner in Miami.
They also didn’t tell you about McCain’s hollywood fundraiser 2 weeks ago. Yes I know Stephen Baldwin is hardly a celebrity but some other stars were there.
Still feeling sanctimonious?”
Good to hear from you, Ryan. And thanks for making my point. Yes, McCain had a fund raiser Monday night which could have easily been exploited by Obama but he couldn’t because he himself had one queued up for the following night. A smarter man would have seen an opportunity and said, “Thanks, Babs but it would be highly inappropriate to do what that insider McCain did last night.” Instead he did what they all do, go to the fund raiser.
But not just any fundraiser. It was the Bon Jovi mansion fundraiser two weeks ago times ten. And to paraphrase John Edwards, there are two Hollywoods out there. The Hollywood glitterati crowd epitomizes the elite, out of touch liberalism that Obama champions. The fact that he tries to relate to common man is a joke. The Stephen Baldwins and Wilford Brimleys of the world are the leper colony of Hollywood. They’re the lunchpail crowd of the acting world and they support McCain. Ironic, huh? There is no comparison between the two crowds.
BTW I had to look up the word sanctimonious and I honestly don’t believe it’s appropriate. I’m simply pointing out Obama’s incredibly bad timing and inability to make political capital for fear of offending his celebrity backers. He’s just another slick politician doing what they all do.

Posted by: Woody | September 17, 2008, 3:10 pm 3:10 pm

McCain Two Face
I’m against a bailout, the bail out is ok.
I don’t know much about the economy, I invented the blackberry.
I’ll stop lying on Barack when he joins me in a town hall meeting.
I’m for deregulation, I’m for regulation.
Vote the Two-Face/Penguin ’08 ticket.

Posted by: MM | September 17, 2008, 3:43 pm 3:43 pm

Americans remain overwhelmingly negative about the current state of the economy and think it is only getting worse. And for many, that hits close to home: One in 3 say their family is worse off today that it was four years ago, according to the latest New York Times/CBS News poll.
Over all, nearly 8 in 10 rate the condition of the national economy negatively and 6 in 10 say it is getting worse. And the number who says their financial situation is worse off now than it was four years ago is higher than it was in polls leading up to the last presidential election in 2004. The poll was conducted Friday to Tuesday, during the financial upheaval that started to unfold over the weekend.
Still, the poll found that most voters express at least some confidence in the presidential candidates’ ability to handle the economy, though not many express a lot of confidence in either of them. Senator Barack Obama, the Democratic nominee, currently has the edge on the issue: Six in 10 voters say they’re very or somewhat confident in the Illinois senator’s ability to make the right decisions about the economy, while about 4 in 10 are not. Voters are somewhat more divided in their confidence in Senator John McCain’s ability: 53 percent are confident, 46 percent are not.

Posted by: Its the economy stupid | September 17, 2008, 3:51 pm 3:51 pm

This is very telling: now that ALL Americans, with the grand collapses at Wall Street, are witnessing day in day out how serious the state of this country is, people are flocking to Obama again.
He’s leading McCain again in the Gallup’s and other tracking polls.
Let’s kick the GOP out of power and rebuild America’s economy, infrastructure, health care, education and energy policies.

Posted by: brent | September 17, 2008, 3:53 pm 3:53 pm

I hope Bush has the US ATTORNEY GENERAL arrest and prosecute Obama for interfering with official business. He should be tried as a traitor to America. He is probably not a citizen anyway.

Posted by: Democrat No More | September 17, 2008, 4:00 pm 4:00 pm

in my opinion ,letting any uninsured financial operation fail in a responsible way would mean the government would freeze the personal assets of any/all ceo/executive/employee who are paid or making more than $100,000 or so a year.
use that money to bail out the company at least partially then hit the taxpayer up for a loan but ONLY after the executives and managers who are largely responsible for this mess pay up the lions share of the profits they made and pocketed and tucked away in some off shore/swiss bank account. ….now THAT would be the responsible fair way to alleviate some of the insolvencies and associated problems they themselves created.
but thats way too simple though and way too fair for the republicans who run this government (at present), so something fair like that will never happen while they are around.
but ,just for the debate..someone tell me why that idea wouldnt be very fair as well as very do-able?

Posted by: bah | September 17, 2008, 4:00 pm 4:00 pm

Great Obama quote today:
“The old boy network? In the McCain campaign, that’s called a staff meeting.”
And indeed, John McCain put seven of the most powerful Washington lobbyists in charge of his campaign.

Posted by: kent | September 17, 2008, 4:01 pm 4:01 pm

According to Jonathan Martin of Politico
Palin’s private email account that she established for public business to avoid oversight (right out of the Karl Rove textbook) has been hacked (some here predicted that) and now has been deleted.

Posted by: Ryan C | September 17, 2008, 4:15 pm 4:15 pm

“Taheri is a known liar who makes up sensationalist stories for gullible neocon audiences to email forward each other”
I rest my case.

Posted by: RobertSeattle | September 17, 2008, 4:20 pm 4:20 pm

Sarah Palin the “energy expert” recently stated
“My job has been to oversee nearly 20 percent of the U.S. domestic supply of oil and gas”
Actual percentage of domestic energy coming from Alaska?
3.5%
She may be either dishonest or incompetent.
The one thing we do know is that she is not an expert.

Posted by: Ryan C | September 17, 2008, 4:59 pm 4:59 pm

Selective quoting by Concerned via his right wing sources
“But Obama’s national security spokeswoman Wendy Morigi said Taheri’s article bore “as much resemblance to the truth as a McCain campaign commercial.”
In fact, Obama had told the Iraqis that they should not rush through a “Strategic Framework Agreement” governing the future of US forces until after President George W. Bush leaves office, she said.
In the face of resistance from Bush, the Democrat has long said that any such agreement must be reviewed by the US Congress as it would tie a future administration’s hands on Iraq.
“Barack Obama has never urged a delay in negotiations, nor has he urged a delay in immediately beginning a responsible drawdown of our combat brigades,” Morigi said.”
Good to see you’ve recovered from your meltdown last night.

Posted by: Ryan C | September 17, 2008, 5:04 pm 5:04 pm

Is it possible?
With the government is taking control of Financial Institutions, could you compare this to a Socialist direction, or Communist direction of America’s future.
The rich have gotten richer, with more control of masses, trends of living, eating, purchases, education and social health choices.
Is America moving closer to Communism?

Posted by: Underdog | September 17, 2008, 5:12 pm 5:12 pm

A top McCain official contacted by CNN said, on condition on anonymity, “No big deal, but not how you get on the surrogate all-star team. Very Biden-like.”
“This campaign source said Fiorina would be discouraged from additional media interviews.
Another top campaign adviser was far less diplomatic.
“Carly will now disappear,” this source said. “Senator McCain was furious.” Asked to define “disappear,” this source said, adding that she would be off TV for a while – but remain at the Republican National Committee and keep her role as head of the party’s joint fundraising committee with the McCain campaign.
Fiorina was booked for several TV interviews over the next few days, including one on CNN. Those interviews have been canceled.

Posted by: You're So Vain | September 17, 2008, 5:37 pm 5:37 pm

“Telling them not to rush through an agreement means he urged them to delay negotiations.”
How does telling someone not to rush through an agreement equal delay negotiations?
You have nothing but proven liar Taheri’s bs assertions.
“I don’t know on what planet a US Senator can go to a foreign country and try and implement his own foreign policy.”
Hey if McCain can go to Georgia with his registered foreign agent lobbyist for Georgia, I think this one will slide.
Sen. John McCain’s top foreign policy adviser prepped his boss for an April 17 phone call with the president of Georgia and then helped the presumptive Republican presidential nominee prepare a strong statement of support for the fledgling republic.
The day of the call, a lobbying firm partly owned by the adviser, Randy Scheunemann, signed a $200,000 contract to continue providing strategic advice to the Georgian government in Washington.

Posted by: Ryan C | September 17, 2008, 5:42 pm 5:42 pm

“Latest buzz is that Obama could do jail time for interferring with the withdrawl of the toops in Iraq.”
LOL.
The McCain campaign is leery to even bring this up and the right wing froth-o-sphere has Obama going to jail.
All based on an article by someone who has lied repeatedly in his articles.

Posted by: Ryan C | September 17, 2008, 5:44 pm 5:44 pm

Ahh, the tinfoil hate brigade is back? Has Rush given you guys new marching orders?
Amir Taheri has been ripped to shreds for fabricating entire books. Not stretching the truth – complete fabrications. This is the same guy who said that the Iranian government had passed a law requiring Jews to wear special clothing. When a Jewish member of the Iranian parliament said it was a fairy tale, a retraction had to be made.
Well, it looks like we have a *real* Swift Boat contender this time. I bet you all still believe Kerry was a coward too, don’t you?

Posted by: johnTX | September 17, 2008, 5:58 pm 5:58 pm

JOHN McCAIN on the banking and housing crisis
“We’re going to need a ’9/11 Commission’ to find out what happened and what needs to be fixed,”
The 9/11 Commission took two years to complete it’s report. Can America afford two years of inaction on the economy?
McCain just doesn’t get it. Vote Obama.

Posted by: VoteObama | September 17, 2008, 6:05 pm 6:05 pm

McCain is part of the problem! Bad economy means more people are drowning their sorrows in beer. Bad economy only helps Cindy McSame get richer.
Wake up!

Posted by: Former Republicans for Obama | September 17, 2008, 6:23 pm 6:23 pm

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