McCain Flub? Republican Says He’d Fire SEC Chair as President

Please
Mccain and Keating and deregulation
we lost a trillion dollars then and keating went to jail
now
Mccain and Gramm and deregualtion
we lost a trillion dollars and Gramm writes our future economic policies
you have got to be stupid to vote for the same guy who was at the center or hanging with the center of both collapses.
throw these bums…
this economic bum and liar out.

it was deregulation and chummy relationships with the deregulating lobby that got us the S and L crisis and the Keating 5.
and it is deregulation and chummy relationships that just got this mess…and the second time trillion dollar buy out… and now McCain is pullin gthis bull as the guy who got it here for us…the deregualtion lobbyist
wrote his freakin economic platforma nd policies.
same guy two different buddies
same results
Mccain Keating
Mccain Gramm
same team
same tactics
same results
throw these bums out.

“Big Brother had nothing on the Obamas. They plan to herd American youth into government-funded reeducation camps where they’ll be brainwashed into thinking America is a racist, oppressive place in need of ’social change.’”
Investor’s Business Daily is referring to an organization known as Public Allies.
Has Investor’s Business Daily gone of the proverbial deep end?
Perhaps not. Just in case you’ve never heard of Public Allies, know that there are about 250 separate and unique references on Google comparing it to the Hitler Youth Corp.
No, that’s not a sick joke or exaggeration! In many cases, these comparisons are not made lightly, foolishly or flippantly.
Public Allies is an extremely radical leftist organization that seeks to bulldoze free America and replace it with a totalitarian socialist state.
Investor’s Business Daily goes on in the aforementioned editorial — aptly named “Michelle’s [Obama] Boot Camps For Radicals” — and states:
“But its real mission is to radicalize American youth and use them to bring about ’social change’ through threats, pressure, tension and confrontation — the tactics used by the father of community organizing, Saul ‘The Red’ Alinsky.”
But wait until you hear — as radio personality Paul Harvey would say — “The Rest of the Story.”
Barack Hussein Obama plans to use Public Allies, which he features on his campaign Web site, as the model for a national service corps.
He calls his Orwellian program, “Universal Voluntary Public Service.”
And why not?
After all Obama was a founding board member of Public Allies and his wife, Michelle, was executive director of the Chicago cell

McCain accusing Obama of politicizing the financial crisis is the height of hypocrisy. What does he expect him to do, keep silent? Then he’d be all over him for being out of touch. And wasn’t there a situation in Georgia a little while back that McCain HUGELY politicized, trying to act like the world’s hero?
More hypocrisy from a lying hypocritical campaign.

Wow..the dumb and ignorant are going to be excited about wealth redistribution which is what Obama/Biden want. If this country thinks this Dem ticket will make our economy better, they are in for a shock. Sounds like we’re inching closer to the Socialism that Obama wants and it will be the complete downfall of this country. Biden now saying it’s “patriotic” for those that have worked hard for their money to just give hand outs to the middle class?
What? Sorry to say, those like Donald Trump won’t see it that way.
McCAIN/PALIN…..TRUE COUNTRY FIRST, TRUE CHANGE, TRUE REFORM

Another day, another dishonest statement by John “Spin” McCain!
Today’s regulations are REPUBLICAN regulations. They emphasis the need to leave all markets without any oversight whatsoever.
Personally, if Billions (Trillions?) of taxpayer dollars are going to be used to bail out unregulated companies “too large to fail” I would like the goverment to actually be awake: 1) requiring full disclosure 2) drilling down and investigating risky no-doc loans and the conversion of B grade mortgages into A grade securities 3) acting to stop risky, dishonest, greedy behavior that threatens to destroy the U.S. economy.
FEC Chairman Chris Cox didn’t do these things. He did not require meaningful disclosure of risky actions in the financial sector. He did not investigate these risky actions. He did not order the end to these risky actions. He followed the REPUBLICAN doctrine of LOOK-THE-OTHER-WAY regulation perfectly.
Now we pay the price. For the Bush-Gramm-McCain policies.
John McCain is looking for someone to fire, he should fire HIMSELF. He and his mentor, Phil Gramm, believe in and created this situation.

Well, at least Obama created the stimulus package (oops – that was just a lie he said in Golden, Colorado – while the bipartisan package was similar to an idea he had, he couldn’t even bother to come off the campaign trail to vote for the package, which McCain did vote for).
Obama is great at speeches, there’s no doubt, and he certainly is compelling in front of his bank of flags, but so was Adolf Hitler.

If the SEC was asleep, it was because McCain slipped them a mickey. The system was deregulated, just the way you wanted. This is the result, please take you bow. Keep in mind McCain wants to also throw Social security into this gamblers mix. It is easy to be for somethign when it is up and against it when it is down. We need more from a President.

McCain and Camp are losing it. gaffe after gaffe. Talk tough and screw it up, he is even throwing the Country of Spain under the bus just so he doesn’t have to say he was confused or did not understand the question.
He is not showing much in the realm of leadership, understanding, steadiness, and political acuity.
Headlines should read “McCain Campaign in Total Meltdown”!

Obama the genius going to the UN Security Council to censor Russia.

I don’t think the UN can “censor” Russia, Geevill, but they might censure them. LOL

Traci and Emma, pls get a life (and some facutal books to read). Obama did call sponsor a second stimulus package several months ago. McCain has been the most absent senator in the history of the Senate these past two years. The stock market is falling over a cliff and you’re worried about what Obama might do? How come you never worried about what McCain and Bush were doing. Get real!

Wow, Mccain is really getting hammered today. Saying he would fire someone the president does not have the authority to fire, appearing confused on exactly where Spain is, hearing senior Republican Senator Chuck Hagel publicly doubting Palin’s credentials to be VP, numbers dropping in the polls – and it’s only mid-September…..

economic crisis? What economic crisis
The Economy Is Basically STRONG !
The Epitaph : Of McBush and Friend
GW. Bush RIP.. They were both saying
this Last Freaking Week….
Now they want to Blame everyone but
Themselfs………. a McShame!

But while the president nominates and the Senate confirms the SEC chair, a commissioner of an independent regulatory commission cannot be removed by the president.
McCain just flunked the job application
now time to stump his VP (intern) candidate as she challenged.

Three Dog Night was just on oldies radio singing “I’ve Never Been to Spain.” Should be Kermit and Miss Piggy’s theme song!

Obama hired the CEO of fannie mae for his VP search jim johnson and then picked Joe Biden.
Obama the same guy who bought land from rezko while rezko was under federal investigation for influence peddling.
If you want a south side chicago corrupt pol as president vote Obama. Vote for the protege of wright and rezko.
McCain warned about Fannie and Freddie in 2006. Obama said nothing.

THE STOCK MARKET CRASHING DOWN IS THE RESULT OF 8 YEAR’S OF BUSH’S FAILED POLICIES AND 6 1/2 YEAR’S OF THE REPUBLICAN’S POOR AGENDA. IF YOU REPUB’S WANT THE REST OF THE COUNTRY TO COME CRASHING DOWN, AND PUT US ALL IN THE POOR HOUSE, JUST KEEP VOTING FOR YOUR DUMBASS CANDIDATE’S AND YOUR HALF ASS BACKWARD’S PARTY !!!

I think HP Boston is ill.

To Wm:
Obama called the leader of canada the president of canada.
Obama called maliki the president of iraq.
Obama said 57 states.
Obama said 10,000 died in a tornado in kansas.
Obama had never been to western europe before last month.
McCain goes to europe every year for a nato security conference.
Obama called sunrise florida sunshine florida.
Joe Biden called Palin the lt governor.
The reporter had just asked McCain about chavez and latin america. She had a thick accent and you can’t hear what she was saying.
You Obamabots are so far left you have gone off the road.
Obama was in kansas city and said he was in st louis.
Obama the affirmative action candidate so we can tell the rest of the world we elected Hussein as president.

“Obama the same guy who bought land from rezko while rezko was under federal investigation for influence peddling.”
AT BELOW FAIR MARKET VALUE!!

“In Spain They Blame McCain for Lacking Brain” Whoo-hoo!

this guy is retarded…since when has “short selling” been a bad thing? I bet he doesnt even know what short selling is?

McCain supporters try to distract and smear with salacious Internet rumors. The fact is that McCain and Phil Gramm have supported deregulation. Unfortunately, they have been successful in passing legislation that has had a direct impact in the economic mess.

Tracy…time for a little education. Hitler was on the extreme right wing…so if you want to compare anyone to him…try Bush or McCain.

Obama Hussein bought land from rezko while he was under federal investigation for influence peddling.
Obama Hussein the protege of rev wright the biggest fraud this country has ever seen.
Obama Hussein said ICE agents were terrorizing illegals.
Obama Hussein spit on small town americans at a billionaire’s fundraiser in san francisco.
Obama Hussein and his radical supporters are the worst thing to ever happen to this country.
This Hussein guy wants to let free the Jenna 6 thugs.
This Hussein guy voted against a homeowner Hale Demar protecting his home against a robber.

Worse and worse. This man is simply too out-of-touch and ignorant to be president.

Speaking of verbal garbage–Science proves that Obama is full of poo.
David Skillicorn–a mathematics and computer science researcher at Queen’s University in Kingston, Ontario, Canada–has been watching out for verbal “spin”. He has developed an algorithm that evaluates word usage within the text of a conversation or speech to determine when a person “presents themselves or their content in a way that does not necessarily reflect what they know to be true”…
Each of the candidates had made speeches containing very high and very low levels of spin, according to Skillicorn’s program, depending on the occasion. In general though, Obama’s speeches contain considerably higher spin than either McCain or Clinton. For example, for their speeches accepting their party’s nomination for president, Obama’s speech scored a spin value of 6.7 – where 0 is the average level of spin within all the political speeches analyzed, and positive values represent higher spin. In contrast, McCain’s speech scored -7.58, while Hillary Clinton’s speech at the Democratic National Convention scored 0.15. Skillicorn also found that Sarah Palin’s speeches contain slightly more spin than average…
Obama’s spin level skyrockets when facing problems in the press, such as when Jeremiah Wright, the reverend of his former church, made controversial comments to the press.
“When you see these crises come along, the SPIN GOES UP,” Skillicorn says. “Obama is very good at using stirring rhetoric to deal with the issues. And it seems to work if you look at what happens in the polls afterwards.”

McCain, there you go again. You helped create this mess, now you proprose fixing it with an illegal solution. Way to go. How can one be qualified to be president if he does not even understand the job? I used to respect McCain. With the emphasis on USED TO. McCain no longer has the honor, judgment or temperament to lead. My friends, sad as it is, true as it is.
“As falls Wichita so falls Wichita Falls”

Finally, the press actually doing their job. Good piece ABC, you got it right.

Truth is…the more you show republicans the truth the harder they stick to their lies. I guess it really is true..when you face a republican with facts…..they get dumber.

Who is McCain kidding? He has claimed over and over that he believes in less government regulation of markets. What a friggin’ liar.

wow.
some of these comments are not only flimsy but far reaching. i am thinking that the mccaint camp is really starting to worry.
but then their economics advisor & lobbyist sen. phil graham might want to call them all a bunch of WHINERS…
A recent article illustrates how legislation is crafted and how those little known provisions slipped into a bill that no one had time to read can impact us years later.
Quote:
Who’s to blame for the biggest financial catastrophe of our time? There are plenty of culprits, but one candidate for lead perp is former Sen. Phil Gramm. Eight years ago, as part of a decades-long anti-regulatory crusade, Gramm pulled a sly legislative maneuver that greased the way to the multibillion-dollar subprime meltdown. Yet has Gramm been banished from the corridors of power? Reviled as the villain who bankrupted Middle America? Hardly. Now a well-paid executive at a Swiss bank, Gramm cochairs Sen. John McCain’s presidential campaign and advises the Republican candidate on economic matters. He’s been mentioned as a possible Treasury secretary should McCain win. That’s right: A guy who helped screw up the global financial system could end up in charge of US economic policy. Talk about a market failure.
…
The act, he declared, would ensure that neither the sec nor the Commodity Futures Trading Commission (cftc) got into the business of regulating newfangled financial products called swaps—and would thus “protect financial institutions from overregulation” and “position our financial services industries to be world leaders into the new century.”
It didn’t quite work out that way. For starters, the legislation contained a provision—lobbied for by Enron, a generous contributor to Gramm—that exempted energy trading from regulatory oversight, allowing Enron to run rampant, wreck the California electricity market, and cost consumers billions before it collapsed. (For Gramm, Enron was a family affair. Eight years earlier, his wife, Wendy Gramm, as cftc chairwoman, had pushed through a rule excluding Enron’s energy futures contracts from government oversight. Wendy later joined the Houston-based company’s board, and in the following years her Enron salary and stock income brought between $915,000 and $1.8 million into the Gramm household.)
But the Enron loophole was small potatoes compared to the devastation that unregulated swaps would unleash.
Link: http://www.motherjones.com/news/feature/2008/07/foreclosure-phil.html
(someone should kick phil graham in the dingleballs!)

So…..what can bush do about this regulator not doing his job?. . . . . NOTHING, regardless of what the Obama zealots say/type. . . . I’ll be glad when this election is over so we can talk about this mortgage crisis. Although, all you obama supporters will do is bad mouth Bush, even if Obama wins. Likewise, the far rightwing fanatics will hate on Obama 24/7 like they did on Clinton. I’m proud to say that I didn’t do that back in the 90s, even after a major financial market (nasdaq) filled up with fake companies (bogusscrewpeopleoutoftheirmoney.coms) and CRASHED on 3/00 during Clinton’s watch. His administration didn’t see it coming, just like Bush’s didn’t see this coming.

McCain didn’t help create this mess.
McCain is against the enron loophole.
Obama hired the head of Fannie Mae for the VP search.
Obama’s VP biden created this mess he is the MBNA vice president.
McCain warned about Fannie and Freddie in a speech on the senate floor in 2006.
Obama lead Clinton in one newsweek poll by 26 percent and Clinton still got more votes.
Obama does good in polls but lousy in the voting booth.

What? Sorry to say, those like Donald Trump won’t see it that way.
McCAIN/PALIN…..TRUE COUNTRY FIRST, TRUE CHANGE, TRUE REFORM
Posted by: Emma
Anythings got be better than where we are now. By the way, Donald Trump? It’s interesting that you’d reference another adulterer! Who cares what that jerk thinks?

Look! McCain wants to continue giving large tax cuts to big corporations like Exxon Mobil and we, the middle class, are stuck paying most of the taxes. There is a great deal of injustice in McCain doing that, why dont we talk about the immorality in not helping the middle class. Obama will help the middle class and bring fresh, new, innovative idead that will create more jobs, and a stronger economy that will be independent of the middle east and China. McCain is more of George W. Bush and why would I vote for McCain if all I am going to get is more of the same and a continium of this economy that is in crisis. Obama offers true, real, innovative “change that we can believe in”

Americans we need to vote for Obama, because he wants to bring fresh new innovative ideas into this great nation. McCain recently started talking about reform, and shaking up Washington because he is aware that Obama’s IDEA of change we can believe in was resonating with Americans. McCain is just playing political games and using low blow strategies to get the American voters attention, but he does NOT HAVE ANY FRESH IDEAS OF INNOVATION THAT WE SO DESPERATELY NEED. The way I see it, many foreigners own a piece of America, because they have invested their money into our economy but they are starting to pull out, and this is why we are seeing this financial crisis. This is why we need Obama to win, so that he can cause these new ideas to become independent from these Middle East dictators. I pray someone really earnestly tried to understand this posting and not tune off the truth written in this posting. God help us!The truth is that these large corporations have been receiving large tax cuts from the republicans. The rich have so many loop holes and virtually pay no taxes, and the MIDDLE CLASS is STUCK paying all of the taxes. WE THE MAJORITY OF THE POPULATION NEED RELIEF FROM THIS ECONOMIC CRISIS. When you put more money in the pockets of the population that makes up the majority of the population by letting them keep more of their pay-check (the middle class; not the rich), then you help the economy.

Someone should brief McCain before he speaks – spending all that time with Palin isn’t paying off of late.

And the walking gaffe machine returns… so much for the Sarah Palin distraction show… LOL

Like’s to point the finger of Blame ?!?! isn’t that what McCain was just doing saying he’d fire the Head of the SEC Mr. Cox a former GOP congressman and isn’t that making political points with the situation so what John Dah I’m a Maverick McCain can do all those things he accuses Obama of doing and that’s OK do they even listen to themselves speak or do they just say the words set in front of them ?

This is SICKENING. The Bush admin has been anti-SEC ALL ALONG. Ant-regulation, anti-investigation, anti-enforcement. And NOW McCain has the balls to blame the SEC? This is pure comedy, if it weren’t so ridiculous.

traci, the last time McCain voted in the Senate was April 8, 2008. Yeah, great record there.

traci, talk about a stretch. Now you are comparing Obama to an evil dictator who committed genocide.
How about we talk about the economy?
Posted by: Wow
Like McCain, traci doesn’t want to talk about the economy. By the way, did any of you see the workers at GM last night chanting Obama 08 right after McLame had finished his boring speech? They pretty much chanted him and Cindy out of the plant! Priceless!

Oh sure….say that Obama is out to brainwash our youth? What about the fact that this war we are in, which we went into without proper proof of WMD, has KILLED thousands of our youth? What about the brainwashing of a whole country???? Obama didn’t want this war….and personally I think making our young people more responsible to society and how they can contribute is a good thing…….Now we have a VP candidate who thinks nothing of pulling a trigger or sending her son off to war. Great….I’ll take Obama over the McCain bunch anyday….before they re-institute the draft with their war mongering!

In McCain’s defense, he was mad and frustrated. We all say stuff when we are that way. Lord knows some of the things said about George II are much worse and possibly treasoneous. That being said is McCain the one who was in favor of deregulation until recently?

McCain really has lost all right to claim that he is capable of reasoned thought, let alone lead our nation. In the space of a few days he has gone from saying the economy is sound to the need for a commission to determine what went wrong to deciding that it was the fault of the SEC chair. To me it makes it clear that he neither knows nor cares what he says. Repeating lies is one thing but failing to even stick to a line of reasoning is very disturbing. The fact that the McCain campaign is complaining that Obama is taking advantage of the current economic situation is absurd. Regardless of whether you agree with it or not, Obama has been repeating the same plan for months. McCain seems willing to say whatever he needs to sound presidential. Well it really doesn’t work if keep changing your tune. People want their leaders to make decisions that can be trusted to be well informed not erratic and opportunistic. Now, if you are trying to be a rock star like Sarah Palin, then you can go from venue to venue and sing the same song over and over- at least until people get bored with the total lack of spontaneity.

US Vet – if you are one, then you’ve gotta know that McCain has been voting AGAINST benefits for you during his entire political career. You’re a tool!

HP Boston so Paul Harvey huh theres an impartial voice he doesn’t have a side in this at all and hell he’s older then McCain I thought he was dead and they were playing reruns I don’t even think he’s on my local station anymore

Why dont McCain acknowledge Bush anymore? Thats his buddy!!! He fails to metion that while all this deregulation and “wall street Casio” and the whole “Wall Street Betrayed America” that Bush was presiding as president? I mean WOW! They say all Obama is pointing the finger but is not lifting a finger, WOW its not his fault! Its Bush and they will not say it.
Four More Years of Bull/Thanks but no thanks

Wow, here in Texas (conservative state) we are really not having many economic problems. Let’s consider where this issue started. Liberals thinking everyone can have the same thing….but not work for it!!! We have had fast food workers buying homes on their $8/hr jobs for the last few years. And, dumb people continually refinancing their homes on ignorant loans. When all people are required to work for their share, we do good. As we start giving more away “to be fair” we will do bad. Vote McCain and end this insanity called liberalism.

Certainly many paid RNC bloggers out today!

Sarah Palin speaking about Obama:
“When it comes to reform, has he hever once said, ‘We did’ instead of ‘I will’?
Brilliant!!
Obam has done NOTHING. When it comes to helping the American people, Obama’s all talk and no walk!
McCain-Palin ’08
Hillary 2012
Posted by: USVet
Another low information voter. She used that line in her speech at the Republican convention. This woman is incapable of an independant thought. Did you see her answer to a question a woman posed to her at a town hall yesterday about her foreign policy credentials? She never answered the question which was to give a specific example of her foreign policy credentials. Instead, she used an answer that she gave to Charlie Gibson saying she was ready without giving a specific. What a moron!

The Democrats helped create the mess as well in 1996 when all but 7 democrats voted with the republicans to sign into law legislation which deregulated the financial services industry. President Clinton signed the bill. BOTH parties are responsible and need to admit to their failure to protect the financial markets. yes, there is a Republican President, but their is also a Democrat controlled Congress which has been in power for two years. There have been signs that there were issues in the financial services sector for some time now, but the Democrats preferred to hold hearings on attorneys being fired for political reason. They had a chance to act, but failed to do so. They are just as responsible for this mess as the Republicans. So, as John McCain and Palin have said, it is time to stop finger point and come up with some solutions. Or, you could be like Harry Reid and just throw in the towel when he said “No one knows what to do.”

This man is getting just too old and dispicable. How does this character fix his face to talk about Obama when he’s got more damn lobbyest working on his campaign than anyone in history. This man McCain was in the thick of the Savings and Loan Scandle that thousands lost their life savings. While Obama voted against this war, this old man voted to send our soldiers to die in it. This man is the King of Deregulation, has been advocating less oversight and control of them, that’s why all these financial companies are going down the tubes. What makes this old man so dispicable is that he is so desperate now he will say and do anything. He is now trying to deal from the gutter, where he has lived all his life, POW or no POW. That doesn’t give him any special rights to attack anyone in the vile and lying manner he does. God, I wish this election was today so that I wouldn’t have to hear such lies and garbage from this old man’s mouth anymore. Whatever respect I had for him went down the toilet where he belongs.

I have come to the conclusion that the only people who support the Republican ticket this point fall into the following categories:
1) Wealthy
2) Racist
3) Lack any shred of intelligence
For those misguided souls who support them, please let us know which category you fall under when posting.

TOP STORY: Obama unaware that Russia holds a seat on the UN Security Council. When Russia invaded Georgia, Obama was slow to react. On the first day he showed paralysis. On the second day he said the UN Security Council should act on the matter showing his ignorance that Russia has a veto on the Council. On the third day Obama adopted the position John McCain had on Day One.

Roxanne,
did YOU ever get a deal on a house or a car below value? Anyone who pays full market value for either is a moron. Get real. He got a deal. Most thinking people do when it comes to this kind of purchase.

ENOUGH OF REPUBLICANS LYING TO REMAIN IN POWER.
ENOUGH OF REPUBLICANS LIES AND CORRUPTION.
ENOUGH OF REPUBLICANS IN POWER. 8 YEARS IS MORE THAN ENOUGH.
IT IS TIME FOR REPUBLICAN TO LEAVE OFFICE.
THIS TIME,
DEMOCRATS FOR 09′

If i were the press corp, id ask Bush the same thing just to see if he knows he can’t for the head of the SEC….i’m sure right now the pres doesn’t know much of anything

sorry roxanne, misread that one. Meant for Corruption guy.

To “Just Following Along”: Now IS a good time to invest. When sh*t hits rock bottom, its ALWAYS a good time to invest. Simple economics. Buy low, sell high. And prices are LOW during an economic meltdown. Even if the spiral downwards continues for a while longer, stocks WILL recover higher than they are now. Much higher.
Trump is not taking sides, he’s stating the obvious.

That’s correct sd. If Bush had have stopped these unqualified customers (500ish credit ratings and no money down) from buying homes, democrats, including Obama, would have accused Bush of . . . . . . . . . PREVENTING POOR AMERICANS FROM LIVING THE AMERICAN DREAM!!! (I yelled because I’m 100% certain that they would have). All the democrats do anymore is femaledog over social issues. The old democrats my grandfather’s supported wouldn’t even sit in the same room with these new democrats.

“Tired”, You’re an idiot! No one else can fit into any of those categories because they are all taken up by your ignorant ar$3.. True Blue Obamabot..

Did anyone notice when Palin said “This is what we will do in a PALIN/McCain administration.” What is wrong with that picture. Who’s running for president Sarah?

Posted by: Tired: I have come to the conclusion that the only people who support the Republican ticket this point fall into the following categories:
1) Wealthy
2) Racist
3) Lack any shred of intelligence
For those misguided souls who support them, please let us know which category you fall under when posting.
—————————–
Funny, these seem to be the same people courted by the Democrats!
1) Wealthy – $9 million raised in a Malibu fundraiser by people who paid $28,500 to see the candidate and an ADDITIONAL $2,500 to hear Babs sing;
2) Racist – Those SUPPOSED blue collar workers from middle America who won’t vote for Barack because he is half-black, but voted OVERWHELMINGLY for Hillary Clinton; and,
3) Lack any shred of intelligence – the ones falling for the tired line “the system is broken” whenit is not the system that is broken, but the people in charge of the government (the system) that are “broken.” If you know anything about the founding of this country, try reading The Federalist Papers, you would know that our government is functioning as the Founding Fathers wanted it–slow and cumbersome with a certain amount of chaos & discord in the absence of genuine compromise and bipartisan cooperation.

Democrats have NEVER been against regulations. DEREGULATION IS AS REPUBLICAN AS BEING ANTI CHOICE! OWN your failure. HOnestly, this IS the ‘market selfcorrection’ your bush always talked about. And this organic “oh if firms are too irresponsible they’ll go out of business” that republicans would tout, yeeeeeeessss, they DO and what would make you think that all these businesses are going to run around being altruistic when you let them run open loop??? how niave are you people? THIS is exactly what dems were afraid of last years when DEMS called for hearings on “predatorial lending practices” but AGAIN republicans, particularly in the senate where dems have no majority, republicans blocked any action and cried “free market! LET THE MARKETS SELF CORRECT”!

TRBoston: Both parties are collecting data for a statistical study and playing a game with the American people at the same time. The con-artists posing as republicans are trying to win the game by getting as many people as possible to buy their BS. The Democrats are trying to win the game by getting as many free-thinking, genuine people as they can. They’re both going to collect the data they get in the end after election day to see the numbers of people in each category, so they know how to properly screw each one of them over.

ObamaCorruption – it’s put up or shut up time, dude. Either prove right now conclusively that Obama broke the law or shut the F! up. And… GO!

HP Boston and other posters like him are typical of republican politics and advent republican supporters. Since the republicans CANNOT and WILL NOT campaign on issues, they come on blogs and make statements like HP Boston’s about Obama leading our children into racial hate camps. What? They say things like Obama will make America a socialist state. What is the Bush administration making America into, a third world nation? Considering McCain, Palin and the rest of their staff are trying to apply 80s economics to a 2008, global economy, you can expect more of the Bush economic policy IF this poor choice of a ticket is elected.
The republicans had an opportunity to elect a viable candidate for President during the primaries, Mike Huckabee or Ron Paul, and they failed. Now you have a mad man and a side show attraction vying for our votes. Please! We should be ashamed of ourselves to even THINK about voting for them. Shuttering . . .

The McCain campaign has got to be the most bumbling in the recent history. This becoming pathetic, GRANTED the Obama media loves to highlight McCain Gaffes and pass on Obamas. Still,the Mccain camp has systematically given up their lead on a silver platter with some very boneheaded ads, and moves. And to think Obama is completely unqualified. This is scary indeed..

“Gotta hand it to you, USVet (by the way, I am one too), Palin does know how to deliver the lines they give her. We’ll see how she does on Face the Nation or Meet the Press.”
Did I miss something? When is Palin going to show up on Face the Nation or Meet the Press? Or is she still ducking them? She may be able to deliver lines (though I never heard say anything worthwhile) but she hasn’t proven she can answer tough questions.

First, on the VERY tired McCain Keating Scandel foolishness…why do I have to take the 2 secs to find out the truth, does’nt anyone else use Google? “The Committee concludes that Senator McCain’s actions were not improper nor attended with gross negligence and did not reach the level of requiring institutional action against him. “Senator McCain has violated no law of the United States or specific Rule of the United States Senate; therefore, the Committee concludes that no further action is warranted with respect to Senator McCain on the matters investigated during the preliminary inquiry.”

Imagine buying a house BELOW FAIR MARKET VALUE as ObamaCorruption is screaming. Well here is a scream back at you, Mr. or Ms. OC: IN A BUYERS MARKET, NO ONE BUT A MORON WOULD PAY MARKET VALUE! Obama got a deal. So what. Lots of people do.

Look at Arizona, booming. Look at Illinois, in the toilet, so bad that Patrick Fitzgerald will be there for the rest of his life trying to clean up the corruption.

McCain deserves a huge amount of respect. He’s been running around the country for months now in support of the GOP while simultaneously lambasting everyone in and around the GOP, including his own actions, words, and policies, which he somehow manages to both support and decry. The amount of Doublethink required of him would’ve made my head explode after about a week of this…

I think HP Boston is ill.
Posted by: Ivy | Sep 18, 2008 2:36:44 PM
——– Oh please don’t be silly!

Someone asked “So…..what can bush do about this regulator not doing his job?..
He can provide oversight instead sticking his hand in the sand or handing the problem off to his lackeys like he did with Katrina. He didn’t want to know about problems with the market otherwise he would have probed a little deeper. McCain is of the same ilk…no inquisitiveness and then assess blame when the sh*t hits the fan.

Peto: Then State Sen.Obama could not afford the lot. Obama arranged through Rezko a scheme where Rezko bought the lot at the price the owner was asking. Rezko then – on the same day – sold the lot to Obama at a huge loss to Rezko. In other words, it was graft, corruption, a shady deal…. Rezko – who was indicted for influence peddling – was buying Obama’s influence by purchasing a lot for Obama and selling it to Obama at a lesser price. It’s called “CORRUPTION.”

It is not the SEC’s fault, it is Congress and more so Bush. When Enron and others fell Congress voted to give the sec $750 million more to go after the crooks. Bush even signed the bill with much fanfare, but several months later Bush moved the money to the Iraq war. Very little coverage by the press because they were scared of the rightees at that time. (They still are) It was Reagan who started to cut the SEC funding and it continues today. During the first 6 years of Bush and the Republicans in control they striped the funding even more. What was just as bad, those in Congress would threaten to cut the SEC funding even more when the SEC would go after a big corporation. Pre Reagan these problems would never have happened because the SEC had the money and teeth to keep this type of thievery under control. Now McCain wants to fire the SEC chief. McCain was one of those who pulled the teeth out of the SEC

OBAMA IS A CROSS BETWEEN PIED PIPER AND SANTA CLAUS.. PROMISING
EVERYTHING TO EVERYBODY..
“I WILL BRING FIIRE AND ILL BRING RAIN.” “AND ILL TAKE YOU’ALL TO
THE MOUNTAINTOP”.
ALLELUJA!!!
BUILD A MORE COLLOSAL INSITUTION TO REGULATE THE FREE MARKET.
WHEN THE REGULATOR COLLAPSES, IT WILL TAKE THE FREE MARKET DOWN WITH
IT.. THEN THE TAX PAYER WOULD BAIL THE REGULATOR OUT.
MCCAIN IS RIGHT ON. A LITTLE TIGHTER CONTROL , NOT TOO MUCH–

Oh, please, please, McBought, throw us a scapegoat or two, so you and your corrupt “Me First, Country Last” cowboy deregulators can pretend they fixed the problem, and us dopes can fill the honey pot once again for your buddies.

Trump does any and everything to destroy others and enrich himself. His endorsement of John McCain will only hurt him: See how is on the opposite side of the honest hard working people now?

The Republican McCain just can’t run fast enough to lose his brand.

Shuffle the deck chairs John….fire people…looks good…makes it look like your doing something.
Make sure your allowed to fire them, and then fire them.

The fundamentals are strong
LETS FIRE THE SEC CHAIR
HEY KIDS GET OFF MY LAWN
CINDY YOU TROLLOP
the guy is losing it.. hahahaha

Doddering old McCain doesn’t know that he could not, as President, fire the head of the SEC. No wonder Carly Fiorina is running around telling the world that neither McCain nor Palin is competent to run a company!!

And now for who’s to blame: September 11, 2003 The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing. ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.” So blame the Dems using Fannie and Freddy to buy votes with your tax dollars at risk. And while all this is going on, Fannie Mae and Freddie Mac are doling out campaign contributions out the wazoo to who? Democrats. At the top of the list, Christopher Dodd. Number two on the list, Barack Hussein Obama. Oh, and who are Barack’s economic advisors, who will lead us out of the Freddie/Fannae mess? Two of the former CEOs of Fannie Mae are working on the Obama campaign as economic advisors. Franklin Raines and a guy named Jim Johnson.

Omentum: I like your comments. Your handle is intriguing too… but belly fat?

Oh My!!!!!!
HOW IS THIS MAN NECK AND NECK IN THE POLLS SAYING CRAP LIKE THIS

HP Boston, nobody reads your crapola. Quit taking up space spewing hate and bigotry. You are sooooo yesterday.
Posted by: hang | Sep 18, 2008 2:52:02 PM
————————
Well just don’t read or look at the words silly boy then you won’t get so upset. Just all the silly Omuma crap is true , you say that as you go nite, nite.

Spain, our NATO ally, has apparently gotten a bit too “off-message” for McCain as well. Maybe he should announce his plans to crack off a nuke somewhere that’s relatively unpopulated, just to set the right tone, on Day One of his administration.

Don’t you all love the way they want to blame Obama when McCain/Gramm and the rest of the GOPPERs are the ones at fault. THEY are the ones who eliminated the protections put in place after the Great Depression. THEY are the ones who have empowered the greedy bastards they are now whining about.
The sycophants (I know, goppers, that’s a *big* word, but you can look it up) who post here trying to distract people from the real truth are JUST AS MUCH TO BLAME!!!!
REMEMBER THE KEATING 5!!!!! And of course, McCain’s role in THAT economic disaster.
And just what IS Sarah Palin hiding? And just WHY are the McCain supporters trying to steal Obama’s campaign?

Someone said “I’ve been thinking that ever since Oblamer’s tried to tap into Kennedy’s and Roosevelts and anyone else with a spine they could borrow
Those men would all be staunch right-wingers today”
Yeah, and Reagan would be left-wing liberal in your bizarro world. I do think that Reagan would be ashamed of McCain and Palin though….I couldn’t see him liking McCain’s flip-flopping on issues or blatant political manuever in choosly a spectacularly unqualified running mate. I also suspect he would not like the arrogance and nastiness generally seen in the Republican party today.

If anybody saw the McCain/Palin rally yesterday, did you notice that while Palin was speaking McCain was walking back and forth on the stage like he was looking for something? This is not uncommon behavior of people in their advance years, oftentimes associated with dementia. That’s why you see this kind of behavior often in nursing homes. You can deny this, but you can also do a little research and see what I’m saying is true. I really think he does have so dimished mental status now and which is progressive.

Mccain “The Great” presidential agenda
1. DEFEAT EVIL
2. END GREED
3. FIRE SEC
4. SEND PALIN TO Government 101 course at the nearest community college
5. TAKE ECON 101 (he don’t have a clue)

By the way, does anyone know what that smell is?

HP Boston | Sep 18, 2008 3:14:29 PM – You just quoted things that were never said. Your just hearing the voices again. Calm down, “they” are really not after you.

This man either does not know or does not care about the United States Constitution. Doesn’t know, doesn’t care. Americans should be afraid of him. He DOESN’T KNOW AND DOESN’T CARE about the laws of this country.

Yes MCain flubbed it. This is as bad as Obama wanting to take the Russians to the UN security council.

American media houses are idiots and crazy atogether but however you you try to cajoule the people,Obama will loose . You people are animals imean american media.

So McCain wants to fire Chris Cox. Would that make him a Cox Sacker?
hee-hee

Like everything else, McCain and Palin have a lot more experience giving speeches without the tele-prompter.
And all of Obama’s inexperience will be revealed when it is face to face.
As McCain suggested when he proposed the Town Hall meetings, which Obama dodged, because, obviously there were no tele-prompters.

To Traci -
Very offensive to compare Obama to Hitler. You have no idea!! Stop the ignorance!

Oh My!!!!!!
HOW IS THIS MAN NECK AND NECK IN THE POLLS SAYING CRAP LIKE THIS
—————————————-
MAYBE, just MAYBE, it is still neck in neck because Obama isn’t saying much to instill confidence in his candidacy. I guess most people would rather listen to a “doddering old man” make some sstatement regarding what he would do, even if it is far-fetched, rather than wait for his opponent to stop finger point and come up with a solution of his own. Abad solution is better than no solution at all.

Chiem Ma
She will say anything…. she knows they are not looking at her mouth.
the women are blindly inspired
the men are just perverts.

Hey Aaron I think there is another more appropriate DEVO song for McCain/Palin

Posted by: hang | Sep 18, 2008 2:52:02 PM
—
WOOHOOO you go hang you can be today and tomorrow with THE BIG O
———————-
The Obama-Biden plan will:
• Encourage national service to address the great challenges of our time, including combating climate
change, extending health care, improving our schools and strengthening America overseas by showing
the world the best of our nation.
• Expand AmeriCorps to 250,000 slots and double the size of the Peace Corps.
• Integrate service-learning into our schools and universities to enable students to graduate college with as
many as 17 weeks of service experience under their belts.
• Provide new service opportunities for working Americans and retirees.
• Expand service initiatives that engage disadvantaged young people and advance their education.
• Expand the capacity of nonprofits to innovate and expand successful programs across the country.
• Enable more Americans to serve in the armed forces.
I. ENABLE ALL AMERICANS TO SERVE TO MEET THE NATION’S CHALLENGES

Emma – The Donald is a multi-millionaire, just like McCain and Cindy Lou, and of course he is going to support the wealthy man’s party and candidate!
Last night he was bragging on Larry King about selling “a house” in Florida a couple weeks ago for $100 million. That is not “a house” that is an unimagineable, unobtainable exhuberance for 95% of Americans!
The Donald said it is the perfect time to get a deal on the house of your dreams and to just get out there and make a deal. THE ONLY THING HE NEGLECTED TO SAY IS WHERE PEOPLE WHO NEED LOANS TO PURCHASE THE HOUSE OF THEIR DREAMS IS GOING TO GET THE MONEY TO DO THAT! The rich and super rich like the Donald, McCain and Cindy Lou, are such elitists and so out of touch with the reality that the middle class faces every day of their lives! A $100 million real estate deal is unfathomable by ordinary working Americans, in fact, they don’t ever expect to buy/own a $100 million home, they just want to pay the mortgage on their modest homes, buy food for their families to stay alive, buy gas to drive to work, pay their utility bills, and scrape by on what’s left afterwards, if anything IS left!
For Republicans to incinuate that the middle class, and especially Democrats are nothing but low-lives and beggers is an absolute outrage! The working class has more pride than anyone and do not want any hand outs!! They just want a fair shake from their government, unlike the wealthy who expect all the favors and tax advantages!

Most people have no idea that the SEC has been lobbying for years to get the government to go after the hedge fund speculators and more sub-prime mortgage disclosure. This requires regulation and the republicans are against that. The SEC with some heroic efforts on behalf of Americans has always been stopped by the McCain republicans and lobbyists. The SEC has very little power outside of the public markets and mortgages are regulated by banks not under the SEC jurisdiction. To accuse the SEC for this problem shows a complete disconnect from the real world or he knows the truth and is looking for a scapegoat. First, he is against regulation, now he is for it. This guy is off the reservation.

Yes, Obama had so much influence that Rezko was able to dodge getting indicted, right?

You are rihgt, the real reason is Obama can’t stand eye to eye, when it comes to substance, and issues. He hides behind the commercials and internet.
What has he done? Nothing? He has zero experience. Sorry, William.

Me too, johnt. Remember the “lipstick on a pig” comment that was turned into a huge gotcha?

Oh My!!!!!!
HOW IS THIS MAN NECK AND NECK IN THE POLLS SAYING CRAP LIKE THIS
—————————————-
MAYBE, just MAYBE, it is still neck in neck because Obama isn’t saying much to instill confidence in his candidacy. I guess most people would rather listen to a “doddering old man” make some sstatement regarding what he would do, even if it is far-fetched, rather than wait for his opponent to stop finger point and come up with a solution of his own. Abad solution is better than no solution at all.
Posted by: Niko_in_Oakland | Sep 18, 2008 3:36:14 PM
———————————
I am certain it has a lot more to do with that.
Obama doesnt have the problem
a segment of America is still living in the 50/60′s. Sad.
Remember 2/3 believe this war was wrong
80+ believe the country is heading in the wrong direction
mccain offers no change
obama does.
SAD. SO SAD

My question is why are Obama’s culpable friends at Freddie Mac and Fannie Mae hiding out in his campaign untouched by media probing? Why are all of Obama’s dealings with Chicago’s shady politicians remaining off limits and protected by the press. In the mean time, they (the press) continue to focus on a small town Mayors hockey rink or a abusive trooper’s right to taser his step child or drive drunk in a state vehicle designed to protect the public. It seems that media has relegated their reporters to parsing words, splitting hairs and finding small town gossip to fill the airways. Our country is going down a path of secrecy and favoritism in journalism that is a road of no return. Someone needs to do some real investigative reporting on the corruption in the Obama campaign. We may never recover from an Obama presidency as free Americans. The time is now to stop this madness and have open and honest media coverage of ALL THE ISSUES AND ALL THE CANDIDATES, not just inconsequential made up smoke screens as we have been getting from the press this election year.

Bush promised to fire a lot of people too but didn’t even when certain things turned out to be true.Usually because all the criminal acts could be traced back to himself. McSame will just follow in bush’s footsteps. He will do anything and everything to get elected including lying.

“The fundamentals of the economiy are strong.” This is McCain in one of his best moments of being in denial and clueless. McCain is reactionary in his appraoch to how things work. Obama was smart to draft a legislation calling for an “eyeball” oversight of the activities of these financial companies, while McCain was pushing for deregulation. McCain is not the man for the presidency.

A bad solution is better than no solution at all Niko? NO, thats why we are in the mess we are in. Cool your head, think rational and then act and make decisions and solutions. Acting without thinking is never a good solution.

Sorry trail boss, I’ve seen Obama without the tele-prompter. He stumbles on everything he says, he seems unsure about what he is talking about. If it isn’t done for him, he doesn’t have a leg to stand on, like all the rest of the issues. Debates, the true test.

And to think, McCain wanted to put our social security into the hands of the people he’s decrying now. How’s that for vision? Thank god the Democrats wouldn’t privatize SS or this would be even worse than it already is.

With McCain talking about firing someone he cant. With McCain not being able to fill seats unless Palin is with him. Now learning that Palin left her little town in Alaska in deep dept and they had a nice surplus before she became Mayor. No wonder the polls are going back to Obama. Now Obama is fighting fire with fire in his ads. Watch out Reps. He is no Kerry.

David Wright,
You are drawing a distinction without a difference.
Of course, the president can fire the SEC chairman. How do you think Harvey Pitt the previous SEC chairman left?
Because, Push wanted him out.
You Mr. David Wright sir, are an absolute idiot, and that is putting it nicely!

McCain: while you’re at it please also fire 1) your sleazy campaign advisors, 2) the corporate CEOs who gave away our middle class jobs to China, 3) the Republicans who took a budget surplus from Clinton and turned it into the biggest deficit in the history of western civilization. Thank you, signed the American Taxpayers.

What a sham! Call for the firing of an official and look like you are opposing George W. Bush! But we aren’t buying it, Senator. No, we know you are not being honest with us here, either!

how is obama going to brush under the rug his vp pick telling amercia,vote for us nov 4 and we will be sure to raise your taxes. start sweeping.oh is that a got you?

You know what’s funny how loyal he is to his boss. Yes, Bush is still the party boss. McCain has no problem throwing him lock, stock, and barrel under the bus. I’ll give Bush credit, he hasn’t gone down the low McCain has. Maybe he should and knock the wind out of sails. He is the epitome of the word, disloyal.

mom trying to raise citizens – you need to do a lot more research, honey, the republicans have also received exhorbitant political contributions from Wall Street!
The problem is lack of regulation!!! Get it??!!!!Republicans = deregulation!!

harold l – “how is obama going to brush under the rug his vp pick telling amercia,vote for us nov 4 and we will be sure to raise your taxes.” – He might start be explaning that we need to pay for the $600 billion in buyouts from Bush/Cheney.

SEC CHAIR IS NOT THE PROBLEM… .he is following the de-regulation orders given to him.

telling people what they want to hear.oh yes, let me run out in november to vote for that. Posted by: harold—–
McCain/Palin lie all the time. Remember Palin against earmarks.. but she supported the bridge to no where… that was before she announced she was against it.
What about McCain saying Obama called Palin a pig… then admitting he knew Obama didn’t but he supported the add anyway.
What about McCain tellin Veterans he supported the GI bill when in reality he voted against it. Not because he didn’t like it but because he thought you should enlist for 10 plus years to get any benifits!
The list goes on and on my friend… if your going to point at dirty politics lets dicuss your parties too!

I think the only thing that will sort out a lot of this mess will be live debate. No teleprompter, just both candidates shooting from the hip.

Omentum: SO, its RACISM that is keeping the polls tied?? I find that VERY interesting especially since I am an African-American man who does not support Obama. I guess that makes me a racist too. However, your logic is a bit flawed as most people, especially those who are racis, would lie when polled on how they would vote. Most, not wanting to be pegged as such, would say that they would vote for Obama. So, following that logic, Obama SHOULD be way ahead in the polls. When he does lose in less than 2 months, then you can say racism may have been a factor.

ObamaCorruption – “Rezko was …blah, blah, blah, blah, blah ” – You seem obsessed with Rezko. I’m not sure it’s healthy.

Again…McCain and his ilk are clueless. As bad as you think your Social Security is, how bad would it have been had McCain and Bush handed to the people McCain is trying to fire now? He’s got no vision for this country. McCain’s just playing politics as usual.

David Wright,
You are drawing a distinction without a difference.
Of course, the president can fire the SEC chairman. How do you think Harvey Pitt the previous SEC chairman left?
Because, Push wanted him out.
You Mr. David Wright sir, are an absolute idiot, and that is putting it nicely!
Posted by: Jack | Sep 18, 2008 3:45:22 PM
—————–
Hit the road Jack! You couldn’t possibly be more wrong. And Y-0-U are calling other people idiots. Harvey Pitt wanted to get as far away from Bush as possible, so he QUIT! Like Colin Powell and so many others in Bush’s cabinet, they just couldn’t take it any more.

Ya being loyal to Bush, McCain, oh ya thats the idea LOL, wrong baby wrong, you have just done yourself in. It’s so hard to comment in so many words how wrong he and Palin are, seriously, cant even go into: let me count the ways.

McCain, Palin, all trying to have people fired. Power hungry

The only thing relevant about teleprompters is the lie Palin told about hers not working during her acceptance speech and that she just spoke from the heart. The only problem was that the reporters were seated behind her and could see it working and
the text was provided in advance. If they will lie about the trivial and announce the dismissal of those they cannot dismiss…well

I am so sick of hearing Obama is going to raise our taxes! Suck it up. The Fed just bought out another mulit billion dollar corporation. We are spendind God knows what in the black hole known as Iraq. Besides the middle & lower class wont be paying near as much as the upper class… byt the way that includes my family. Hey it sucks but thats how it works.
Oh amd as a side note.. Under Clinton we were taxed more but made more money… under Bush we were taxed way less… but we have made less money.

I am so sick of hearing Obama is going to raise our taxes! Suck it up. The Fed just bought out another mulit billion dollar corporation. We are spendind God knows what in the black hole known as Iraq. Besides the middle & lower class wont be paying near as much as the upper class… byt the way that includes my family. Hey it sucks but thats how it works.
Oh amd as a side note.. Under Clinton we were taxed more but made more money… under Bush we were taxed way less… but we have made less money.

i think the only thing that will not stop obama from putting his foot in his mouth is to pull the plug on the teleprompter thinking.look biden tell you what going to happen, no prompter needed. more taxes

McCain cant even fill a phone booth without palin at this side. and he is neck and neck in the polls
laughable

McCain says he saw this coming 2 years ago! Why didn’t HE do anything about it?
This Republican Adminstration seems to be crashing and burning almost everyday as we hear one disaster after another. McCain has been in the Senate almost 100 years and is a Senior Senator. Yet he has done NOTHING to stop these disasters from happening.
Once again the only response McCain has, in typical Republican “take no responsibility” style, just wrongly blames “the democrats”. What a joke.

McCain is just overwhelmed and Tucker “out of” Bounds is overwhelmed and when it comes to palin and the whole bunch of them I am UNDERWHELMED.McCain is like the old joke about the police He’s never around when you really need him.

Yes, McCain is going to fire Chris Cox and then reform the SEC according to the ideas of Phil Gramm – in other words, get rid of it. Free for all on Wall Street, my friends! McCain spends five times the median household income on domestic servants and now he’s a friend of the little guy. Oh, and anti-capitalist now to boot!

Wm.J – “Deregulation leads to corporate greed and corruption. Thanks, John.”
Not to worry. McCain says he can get rid of greed, too.
After all, greed is evil. And evil must be confronted (e.g., bombed).
So you heard it hear first. McCain plans to bomb Wall Street.

Chris Cox has been a bone head Repub cronie of unregulatory banking for ever and especially this last year. McCain just noticed now??? Not very estute of McCain. I called for Cox’ head long ago while McCain was asleep at the helm.

What a difference a few days make. There is plenty of blame to go around on both sides, but as usual, the Republicans blame Democrats, the Democrats blame Republicans. They share the blame people, open your eyes. This race, like all others, will boil down to who the people think is the best man to lead the country. The Democrats have increased their base tremendously this time around and will be hard to beat because of it. I hope all the rumors and inuendo about Obama prove to be totally false b/c never in my lifetime have I heard such soul shaking rumors. I think there are a lot of voters who want to vote to throw out the Republicans but they are scared to death that Obama is too liberal to be the president of all Americans. I think the race will come right down to the wire and the polls don’t really tell the story.

Omentum: Delusional is when one blames his failure to put forth a cohesive message on something or someone other than himself, i.e. saying that it is RACISM. Even if it is due to racism, he has been in this country long enough to know that it still exists and that it has not subsided. It has just gone underground, so people who harbor such biases tend to engage in double-speak. They will say one thing in public, but something completely different in private. Also, racism works in many different ways, such as when black people vote in blocks for the candidate, not because he is the best, but because of the color of his skin. It also comes into play in the form of white guilt–those white people who will vote for him to assauge their own racist beliefs. So, let’s not go down that road. I am an African-American and I walk that road EVERY day.

If McCain had picked Joe Liebermann as VP he would have had someone there to correct him. Alaska is too far from the SEC for Sarah P. to have seen that mistake coming.

This McCain is the biggest tool I’ve ever seen. j

McCain doesn’t have a clue in regards to the economy. Go to you tube and search “john mccain sentinel source”,it proves he has no clue and it is down right scary if we put this man in charge of our country.

emma emma emma … why do i get the feeling that you have no idea what socialism is and is not …or what obama’s true policies represent? and the use of donald trump as a prime example of anything other than vulgarity is pretty telling too … trump endorses mccain — what a great big surprise that is!

Is the ABC headline writer still in the tire swing at the McCain “cabin” barbecue? There should not be a question mark after the words “McCain Flub” Maybe just an exclamation mark!

McCain was found to have done nothing wrong because he ratted the other folks out. Read the article at this link and find out what folks in AZ have know for years:
http://www.phoenixnewtimes.com/2008-08-07/news/postmodern-mccain-the-john-mccain-some-arizonans-know-and-loathe/9

I guess, according to McCain, Iraqis are experts on Afghanistan. After all, some Iraqis can see Afghanistan from their house, right?
But then geography, like the economy, isn’t one of his strong suits. I can see his aides now scrambling to convince McCain that Spain isn’t in Latin America.
By the way, if y’all haven’t yet read the transcript from that interview, its a must see.

Actually Obama DID lift a finger – he called for a housing summit on foreclosures to try to fix this problem A YEAR AND A HALF AGO. Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson ignored him.
What did McCain do besides support and push the policies that contributed to the problem??

Do not bring up McCain’s gaffe about Spain. Of course he was confused when asked about Zapateros. He was a POW when Frank Zapateros and the Mothers of Invention were popular.

Are Sarah and John scripted or they are both dump they can not read to understand that certain lines in the speech with create drama?

Hello people bush tried to reform freddie and fannie in 2002 democrats blocked it VOTE OBAMA VOTE LESS MONEY IN YOUR POCKET unless you dont have a job than god bless

I’m one of the 95% of Americans that will get a $1000 tax break from Obama.
Nonetheless, I would welcome having my taxes raised if it meant our bridges would no longer fall down, our kids would get a decent education and we’d all have decent healthcare.
Those of you who rail against tax raises are just selfish and greedy.
Heaven forbid you should have an extra $20 taken out of your paycheck….at least a bridge won’t fall on you when you drive home from work.

So help me, if the American people vote for John McCain, we are all IDIOTS!!!!

I think McCain’s record of deregulation is more significant.
————-
Funny, then why are he and Palin talking about increasing the role of regulation? I smell a pander here…

Photon816- Simple math. Of course the rich contribute most of the tax money but it is still not their fair share. Say taxes are 10%. A poor person makes 10 dollars a week and a rich person makes $100 a week.
10% of $10 is $1. If a person makes $10 a week then they pay 1 dolllar in taxes.
10% of $100 dollars is $10. Wow the rich person paid a lot more taxes.
Who to you think is more effected by the taxes? Sure the rich paid 10 dollars, but has $90 dollars to live on.
The poor person only has $9. So you tell me who is gettin hit harder by taxes.
This doesn’t even begin to point out how much MORE MONEY the rich are making in comparison to the poor. 1% of the rich make more money then all of the poor put together. As for hard working? You can bet the 1% don’t have blisters on their hands ever, and the only time they have broken a sweat is in this last week when the stock market took a dump.
The rich are getting tax breaks and hire lawers and accountants to keep them from paying the taxes by any means necessary. There should be a flat tax that everyone pays. There needs to be reform on how rich people can hide their income.

hey jr what should we vote present

He can fire the entire Pittsburgh Steeler offensive line, too! Or was it the defensive line. Polly want a Packer!

reddog0216 – “Hello people bush tried to reform freddie and fannie in 2002 democrats blocked it” -pssst, the Republicans were in the majority of Congress then.

reddog, you can just stay home and not vote. That is what McCain has done this year regarding Senate votes.

HP- You are sick. Stop peddling your propaganda. But I guess that is all what the republican party that got us in 2 unwinnable wars, wrecked the economy, 50 million uninsured, etc, has left!

During McSame’s ridiculous comments about Spain Palin would have said something….if only she had a clue where Spain was. I guess she can’t see it from Alaska.

McCAIN said he is going to reach accross the isle, that is because he is hoping he will be more welcome on the Democratic side of the isle.
Don’t say you would fire someone if you CAN’T fire them. this is just plain S-T-U-P-I-D.
Oh, and John, you helped create this mess.

AP SEPT 18 2008
“it is good to be here in Grand Rapids”!
Sarah Palin thanking the audience at an airplane hangar in…..
Cedar Rapids Iowa
Taking her cues at the feet of the master, is she?

Actually McCain is still pissed off at Spain because his grandaddy the admiral had friends aboard the Maine. Remember the Maine? That is where a weapon of mass destruction was set off by the Spanish, who were once ruled by Moors, who are Muslim and friends of Bill Ayers and Obama.

Lipstick, & Pigs, & deregulation, OH MY…
I’m sorry but the McCain Palin ticket looks like a chicken running around with it’s head cut off.
The media is doing EVERYTHING it can to keep em’ alive. Not covering major foreign policy gaffes (occurring on a daily basis), Not covering the blatant coverup of troopergate (Palin actually filed a motion to dismiss the ethics violation she filed against herself), Trying to cover for McCain on his longstanding opposition to regulation, & repeating every lie McCain tells about Obama as if they have no ability to check for accuracy FIRST!!! Are you guys (the MSM) really OK with McCain Palin having a shot at leading this Country right now??? I don’t think so. I just think your playing silly games w/ US to make US think it’s close so you can keep generating that ad revenue. What will you guys do if they actually manage to steal it like the last 2???
If we go down you go down…

The last President who got in trouble for firing someone named Cox was Nixon. But then he and McCain have the same campaign attitude of say anything and check the facts later or just lie.

reddog0216,
what has McCain done for you?

Have you noticed that every time the press catches a McCain mistake and it makes its way to print, his supporters turn into a nation of whiners?

This article is full of BULL!
It’s the payoffs to Obama by Federal Housing authorities, Obama’s opposition to federal housing reform, and the Democratic do nothing congress that has gotten us in this fix.
I think McCain could oust the SEC chairman and pressure him to resign.

and what has obama done run his campaign for the last 18 months tell me one thing obama has done for anyone of you
Posted by: reddog0216 | Sep 18, 2008 4:15:35 PM
—————–
Honestly, It’s just enough to know that he is not a pathalogical liar as is McBUSH/PALEN.

Why is what Palin has to say about Obama matters?
She will prove to not win this for McCain….
Obama 2008!

If Obama had joined McCain in town hall meetings he would have known who was Prime Minister of Spain and that you cannot fire the SEC chairman.

Nice going Sarah! Now that’s what I would LIKE to hear out of that piercing, cringe-inducing voice of yours. You’ll be come a dem yet! :)
Obama supporter all the way.

This reminds me of one of Ali’s greatest fights>>>>>>>>
Obama is wearing McCain out!!!!
Obama is winning this thing hands down…..
Ali, Ali, Ali, Obama, Obama, Obama!!!!

Huh im confused how can Obama be a rascist when hes half white lol people should really read before they typ eo heard its the leading cause of stupidity.

Many of McCain’s supporters are confused. Why call for the firing of the SEC Commissioner when they have 5 teams in the AP Top Ten. Doesn’t he know that without the Confederate States of Football he is toast?

JOHN MCCAIN said a few days ago:
“The ‘Fundamentals’ of our economy is STRONG.” — John McCain
===> The next day, several major US companies went bankrupt, causing a shockwave through the stockmarket and international stockmarkets!!!
HAHAHAHAHA!!!! HAHAHAHAHAH!!!
“THE FUNDAMENTALS OF OUR ECONOMY IS STRONG!!!” HAHAHAHAHAH!!!!
Would anyone with more than a short-term memory and some thinking ability want to put MCCAIN to be in charge of the ECONOMY?!?!? FOR CRYING OUT LOUD, THE MAN SAID THE FUNDAMENTALS OF OUR NATION ECONOMY IS STRONG EALIER THIS WEEK!!!
HOW CAN “THE FUNDAMENTALS OF OUR ECONOMY IS STRONG” WHEN HUNDREDS OF THOUSANDS OF JOBS ARE LOST ACROSS THE NATION, THE COST OF ALMOST EVERYTHING WENT THROUGH THE ROOF, MAJOR COMAPNIES WENT BANKRUPT???
ARE YOU FREAKIN KIDDING ME??? WHICH COUNTRY’S ECONOMY IS JOHN MCCAIN TALKING ABOUT?!!!
IS JOHN MCCAIN STILL THINK WE’RE STILL IN THE CLINTON ERA WHEN THE US FEDERAL BUDGET ***** ACTUALLY HAD SURPLUS!!! *****

I don’t recall the viet cong attacking the U.S. Just because the country is at war does not mean the troops are fighting for our freedom. They are fighting because they wanted to join the army. Freedom was won long before John McCain was in the military. that’s what the history books tell me. it’s typical right wing BS so that they can feel good about themselves.

sorry niko….. with that mentality you are going nowhere fast. Jackson…. Sharpton….. hahahahahaha….. when they were running
1. did any of the two serve in the senate (us or state)
2. have the educational background
3. have the gravitas to reach all of america… not just african america?
4. have the correct judgement in so many issues america face.
NO
So I guess you are voting for mccain.
happy voting
you get what you deserve.

Can you see Alaska from the Iraq-Pakistan border? No, Spain is in the way.

Poor John. He just doesn’t get it!

I wonder if it was coincidence that McCain’s first two very specific proposals (firing Chris Cox & creating a ‘mortgage and financial institutions trust’) were the same two that Ben Stein articulated last night on Larry King, after a blistering assessment of the Bush administration’s oversight failures. I have no doubt that Ben Stein understands the origins of the mortgage crisis and what wasn’t done about it that allowed it to reach this point. But I don’t believe McCain has a clue, and this smacks of plagiarism and posturing to me. How does a credible candidate for President go from “I’m going to appoint a commission to study the matter…” one day, to “I’m firing Chris Cox…” the next? (Probably the same way he selected his running mate.)
Stein also had harsh criticism of “whoever they have giving him (McCain) advice”. Stein said he would like to give McCain a crash course in economics by sequestering him with Warren Buffet for a day or so, but that wasn’t possible since Buffet is supporting Obama.
I also looked into McCain’s co-sponsorship of a bill in 2005 which would have overhauled the oversight structure for Fannie Mae & Freddie Mac. In his brief endorsement of the Bill (which I believe was never voted on), he described very accurately some of the conflicts of interest and cooking of books which created a dangerous liability for taxpayers:
(http://www.govtrack.us/congress/bill.xpd?bill=s109-190)
(http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190)
I’m no expert, but as I read this record, the bill was reported out by the Senate Banking committee favorably July 28, 2005, when the Republicans were still in control of Congress, but never voted on (Why?). It was re-submitted in 2006, apparently in an attempt to embarrass the Dems and give the appearance that they were the ones opposing more regulation of F&F. (Don’t know, were they?)
My question is: if McCain is so outraged now by all of this, why did he do so little about it in 2005 when the R’s were in the majority? If he’s the Maverick who challenges his own party, and he knew there was a crisis brewing in the mortgage industry, why didn’t he make more noise publicly about it than simply entering a statement into the Congressional record?
I’ve been a voting Republican since 1971, and I always thought McCain was the best our party had to offer. The things he’s revealed about himself and his character in particular during these last 9 months are appalling to me, and I’m supporting Obama (so that’s my bias). But I think there are some issues of fact here that bear investigation.

Old man growls at tree for not moving. This man is such a dope.

I was at home for lunch and watched this rally. What a joke John McCain has become. His lies would at least seem more legitimate if he could smoothly read them off the paper someone wrote for him. There are plenty of people who will vote for him because they will always back a Republican. Heck, Bush still has the backing of 30% of the country. I can only hope that the other 70% of the country can wake up to the fact that the McCain campaign has proven that they will say and do anything to win this election. Get in the gutter, lie about McCain’s record and policies, lie about Barack Obama, and lie about Governor Palin. It is SO obvious to those who care to see.
Posted by: TSnow27604 | Sep 18, 2008 4:20:49 PM
—————–
Your forgetting what McCAIN’s Campaign Manager said. This is a popularity contest. That’s why McCAIN was forced into picking PALEN even though his first choice was Leibermann and his second choice was Ridge.
That’s OK because PALEN doesn’t like McCAIN either. In the primaries she supported Ron Paul and spoke very favorably about Romney. She did not even mention McCAIN.

McCain’s knee jerk reactions order a probe and fire someone, anyone. All I can say is we do not need temperamental old jerk running the country. If that was not bad enough, we will have a Vice President waiting in the wings for the president to kick the bucket, whose foreign policy experience would be being able to see Russia from the tip of her state, wearing Japanese spectacles, visiting troops in Kuwait, refueling in Ireland and visiting Canada and Mexico for vacations.

i want to ask that is your hypocrite Obama so perfect that he doesnt make mistakes or is it the useless media houses that we have in this country trying to protect him

Could this be why McCain is so willing to stay the course? Top contributors for the John McCain Campaign in 2008 — Merrill Lynch $298,413 — Citigroup Inc $269,251 — Morgan Stanley $233,272 —Goldman Sachs $208,395 — JPMorgan Chase & Co $179,975 — AT&T Inc $174,487 — Blank Rome LLP $150,426 —Credit Suisse Group $150,025 —- Greenberg Traurig LLP $146,787 — UBS AG $140,165 — PricewaterhouseCoopers $140,120 — US Government $137,617 — Bank of America $129,475 — Wachovia Corp $122,846 — Lehman Brothers $117,500 —- FedEx Corp $113,453 — Gibson, Dunn & Crutcher $104,250 — US Army $103,613 — Bear Stearns $99,300 —- Pinnacle West Capital $97,700 (http://www.opensecrets.org)

Ricky: .. solid gold! Funny stuff today. Please write a book.

McCain didnt say he would ask for his resignation. He said he would fire him.

Back in March in Cooper Union in NYC Barack gave the following speech:
http://www.usatoday.com/news/mmemmottpdf/obama-econ-speech-3-27-2008.pdf
If he gave it today, it would be as relevant. Come on people do your homework. McCain has been for deregulation as recently as Monday morning with Matt Lauer. McCain has now adopted some of the words of this speech as his own as he has “Change” and “Enough”. Yet he can’t run from his past. Just google McCain and deregulation and see the matches you get. Deregulation is what has us where we are today.
We cannot afford 4 more years of Republican deficit spending and deregulation!

Nevermind that the president doesn’t have the AUTHORITY to fire! What difference does that make in the McCain camp? Just play, “change the definition”!! Fire=ask someone to resign, Fundamentals of the economy=American workers. Come on! Join in! This is such a fun game!! In McCainSpeak, Voters=Suckers!!

reddog0216,
If I am not mistaken McCain wants to set up a commision to talk about the current econ situation instead of take the blame he deserves and take a coherent stance on the subject. being a POW does not make a president. I know a lot of people who served in the military and lost my uncle and father in vietnam. we can talk about it all day. I just wish you folks would stop and listen and open your eyes. I have not said the Obama would do better but we all know what we get with McCain and it is not good.

Dear Friends:
We may have thought we wanted a woman on a national political ticket, but the joke has really been on us, hasn’t it? Are you as sick in your stomach as I am at the thought of Sarah Palin as Vice President of the United States ?
Since Palin gave her speech accepting the Republican nomination for the Vice Presidency, Barack Obama’s campaign has raised over $10 million dollars. Some of you may already be supporting the Obama campaign financially; others of you may still be a little honked off over the primaries. None of you, however, can be happy with Palin’s selection, especially on her positions on women’s issues. So, if you feel you can’t support the Obama campaign financially, may I suggest the following fiendishly brilliant alternative?
Make a donation to Planned Parenthood. In Sarah Palin’s name. And here’s the good part: when you make a donation to PP in her name, they’ll send her a card telling her that the donation has been made in her honor. Here’s the link to the Planned Parenthood website:
http://www.plannedparenthood.org/ go to donate, then honorary gifts
You’ll need to fill in the address to let PP know where to send the “in Sarah Palin’s honor” card. I suggest you use the address for the McCain campaign headquarters, which is:
McCain for President
1235 S. Clark Street
1st Floor
Arlington , VA 22202
Feel free to send this along to all your women friends and urge them to do the same.

I think an old blues song says it best:
Dear Lord, please help me understand
Why the rich man does the dancing
and the poor man pays the band
They’re billing me for killing me

6.1 Un-Employment, Fannie MAE, Fannie MAC bailouts, Lehem, AIG, Home Foreclosures rampant, American City Drowned while the GOP watched, 4700 Dead in IRAQ, Dis-Respected Around the WORLD!!! It GOES ON AND ON AND ON!!!!
When Are You GOPer’s going to realize that CHANGE is necessary… Hell McCain has had 26 years to get it right and look where we are at!!! Give Me A Break, OBAMA in 08′

niko how convenient for you leave out my argument on gravitas
point taken on your argument.
18 million people voted for him……..
idaho and iowa said yes
wow. you astonish me greatly….
if a candidate (jackson/sharpton) who don’t have a snowballs chance in hell to be president …. you would vote for them BECAUSE……they stand up to racism.
and you don’t vote for obama is at the verge of doing so. because he: has reached more people in america and have received the most votes in primary history and is (in my opinion) the most qualified person to be president)…. if that is not giving a massive blow to racism … i don’t know what is ….. obama has rarely talked about race in this election because he want to rise above it. so do it…. so i resort to my first and last statement to you….
it is sad that racism still exists.
be well and be blessed

I’m looking forward to some NEW POLLLLLLLLLLLSSSSSS!!!!
Obama, hopefully, will be up by 15 to 20 points….
I’ll like to see Obama win like Reagan deal against Mondale……a Blowout!!!

McCain is becoming really desperate. His campaign is a disgrace. And now he’s saying a bunch of crazy stuff. What is Chairman Cox doing wrong? Well he suspended the uptick rule on equity short sales. The problem that’s exactly the type of deregulation that McCain has championed for all of his 26 years in Washington.

It never ceases to amaze me – the bald-faced lies that Republican sycophants will stoop to when they try to cover their previous round of bald-faced lies and their hero’s culpability. They claim that McCain is lily-white with innocence, and then when faced with the truth that he is part of the problem that got us into all this mess, they counter by throwing – in effect – their own excrement at his opponent.
“Throw a stick in a pack of dogs, and the one it hits will yelp.”

McCain – GRANDPA – time for bed dude – your old and used up – drink some warm milk and do America a favor – GO TO BED!
You and Palin can’t keep your lies straight and what is worse is the
___ SPINELESS JOURNALISM ___ Where is Huntley / Brinkley / Jennings or any of the other greats that called a Lie a Lie.
Journalist’s you blew Iraq and now you don’t have the guts to confront lie after lie by the GOP talking machine.
Shame on the Media

Change Wags?? what change is there with obama he done nothing has no economic ideas except to say hey you work hard lets take it from you and give to someone who does’nt

McCain wouldn’t know an opportunity to lead if it bit him on the backside. Obama has simply given credit for the economy where it’s due in a reasoned and straightforward way. McCain is squealing because it doesn’t suit him to be fingered for the Bush republoican he is.
And if he is trying to reach the American people, he needs to stop saying “my friends”. Anyone who wants to put Sarah Palin a heartbeat away from the presidency is no friend of mine or of America.

So McPain Paleface don’t believe in pointing the finger huh ?.. except when it comes to scapegoating the SEC commissioner.! LOL…what a joke..
Dumb and Dumber at it again..
Vote Dumb in 2008.. if we could only send you guys the bill for voting in
Bush for a second term.. you might not jump to make it a third..

Emma – Do you think Donald Trump pays anyone in his organization much above minimum wage? Not likely. Donald Trump is for Donald Trump and that’s pretty much it.

THIS JUST IN!!
ABC news is for Barak Hussein
I would love for the liberal media to scrutinize every single word I uttered if I was running for president…not
It amazes me that anyone has the nerve to run for public office anymore with a public so hell-bent toward tearing candidates apart instead of trying to relate to them and maybe contribute their ideas as Americans.
I don’t think that having great experience or knowing what to do about Corperate bailouts and big bank troubles should be high on our future presidents resume myself as long as he isn’t totally clueless….

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The facts are that Bush and the republicans have been trying to put securty regulations in place for the last two years but the democrats have shot down every bill that has come forward. Dont belive me , it is public record, just look it up. The dems in congress have opposed everything the Bush Adim. has proposed since the 2006 elections. You libs put them in office and now you get to reap their hard work.

McCain’s adviser Phil Gramm passed the legislation that made this fraud possible. McCain is full of it. He lies when his lips move. Just look at who he was in ’00 compared to who he is now in ’08. Al Gore couldn’t flip-flop this fast. (God knows he tried!)

Ok, now some facts. Most of McCains staffers are or once were lobbyists. Jim Johnson was formerly a Fannie Mae executive from 1991 to 1998. Before Bush stole the presidency from Al Gore.

I can’t help but ALWAYS Notice the difference between ABC News Website page and FoxNews website. Fox Tells the STRAIGHT Story….NO SPIN……But ABC news SHOWS IT’s BIAS TOWARDS THE DEMOCRATS DAILY!!!!…….Well This Democrat is Voting Rebublican………All the tatics, smears you do won’t sway me…….I see through All of YOU there at ABC news, You’re no different than NBC, CBS, and MSNBC and those jokers that got the BOOT!

In 1987, one of the worst crashes in recent history, if you got into the market the day before the crash, in 1 year you would have recovered everything lost that day. So this market will come back as seen by the increase today.

Does the media ever touch Obama???????????????????????????????

Middle america has no worries. He isnt gonna tax you, its the @sses that make over 300,000 that can afford to give more, except its their right to be greedy, that will be taxed. And if they dont like it we will just take it all and leave them homeless like some of the rest of us, and then maybe they will get it. remember Reagan saying there are no homeless? Thats a republican for you.

Obama should know about deception- http://www.freerepublic.com/focus/f-news/2077144/posts“You look at Obama’s economic advisers, the guys he has counted on from day one and who have raised him a ton — and I mean a ton — of money: Franklin Raines and Jim Johnson, both of them are waist to neck deep in the mortgage debacle.” Both Raines and Johnson have served as CEO of Fannie Mae, with Raines taking over from Johnson. Both are key political and economic advisers to Obama. “How can Obama go out with a straight face and saw it was Republicans who made this mess, when it is his key advisers who ran the agencies that made the big mess what it is?” says a Democrat House member who supported Sen. Hillary Rodham Clinton. “It’s his people who are responsible for what may well be the single largest government bailout in history. And every single one of them made millions off the collapse that are lining Obama’s campaign coffers. If the McCain campaign let’s this one go, they deserve to lose.” It isn’t just Fannie Mae where Obama has a problem. Another close political adviser, in fact the one man responsible for rallying support for Obama early on among Congressional Democrats, is Rep. Rahm Emanuel, who served on the Board of Directors for Freddie Mac after leaving the Clinton White House. According to Freddie Mac insiders, Emanuel during his time on the board opposed every reform proposed by the Bush Administration that would have impacted Freddie and Fannie Mae. Emanuel claimed to be neutral in the primary race between the wife of his old boss and his longtime Chicago acquaintance, Obama. But the chairman of the House Democratic Caucus, who would be first in line for the vacated Senate seat of Obama should he win the presidency, quickly dumped Clinton when it was clear Obama had a head of steam for the nomination. “We ought to be able to — rightly — hang the Fannie and Freddie scandal around the neck of Obama, if they can get out in front,” says a House Republican. “Middle-class folks’ mortgages are probably safe, but the American taxpayer will also be paying for this scandal for years to come.”

Ty, I bet your gay!

Message on McCain Blackberry: Senator, we made a mistake with the line about the SEC chair. Please use the one about the “fundamentals of the economy are strong” again. It’s more accurate.

HP from Bostson Public Allies a radical socialist organization … you have got to be kidding. My daugher did a year of service after graduating college before startin Law School … she worked with a group trying to get better benefits and conditions for pre-school children and their teachers … it is nuts like you that have brought this country to it’s knees…. Intelligence is crooked but stupidity is honest … I am sure that is yours and all the other McCain/Palin supporters moto

OMG. McCain is such an idiot. He really doesn’t know anything about the economy.

hey steve you should change it to one politcian .

McCain is really starting to lose it. I think the stress is getting to him. I really think that they should switch. Let Palin be the presidential candidate and let McCain be the VP. Of course Palin needs to study some more and meet some heads of state. Maybe McCain can introduce her to the head of Spain. They instill such confidence in me. Thank god the stock market is saved now. It’s back to where it was in 2001. I almost lost money. Hey was there any inflation in the last 8 years? I should ask President Palin. She might know. Oh well I think I’ll eat a moose. Yeah team.

The post claims that “while the president nominates and the Senate confirms the SEC chair, a commissioner of an independent regulatory commission cannot be removed by the president.”
This is wrong, as I explain in detail on my blog:
http://www.stephenbainbridge.com/punditry/comments/mccains_moronic_critique_of_cox/
The President’s powers with respect to appointment and removal of commissioners from the commission thus differ from the President’s power with respect to the appointment and removal of one of those commissioners from the office of Chairman. As to the former, “The Act does not expressly give to the President the power to remove a commissioner. However, for the purposes of this case, we accept appellants’ assertions in their brief, that it is commonly understood that the President may remove a commissioner only for ‘inefficiency, neglect of duty or malfeasance in office.’” Id. Whether the President could remove Cox from the Commision on one of these grounds is debatable, at best, but at least theoretically it’s possible.
What is not debatable, however, is that “The Chairman of the SEC serves as such solely at the pleasure of the President.” Harvey L. Pitt & Karen L. Shapiro, Securities Regulation by Enforcement: A Look Ahead at the Next Decade, 7 Yale J. on Reg. 149, 280 n.557 (1990). Indeed, the Tenth Circuit so held in the Blinder, Robinson case cited above. See 855 F.2d at 681, stating that “as the President has the power to choose the chairman of the SEC from its commissioners to serve an indefinite term, it follows that the chairman serves at the pleasure of the President.”
Hence, when McCain said “The Chairman of the SEC serves at the appointment of the President,” he was right at the very least insofar as Cox’s position as Chairman (as opposed to his position as a commissioner) is concerned.

Now, I want to be clear and speak directly to those of you who LOVED that Palin interview. You’re an idiot. I mean that. This is not one of those cases where we’re going to agree to disagree. This isn’t one of those situations where we debate it passionately and then walk away thinking that the other guy is wrong but argued well. I’m not going to think of you as a thoughtful but misguided person with different ideas who still really cares about the country and the world. No, sorry, not this time. This time, if you watched those interview excerpts and weren’t scared out of your freakin’ mind, then you’re mentally ill, mentally disabled, or mentally disturbed. What you are NOT is responsible, informed, curious, thoughtful, mature, educated, empathetic, or remotely serious. I mean it.
But I like to think that anyone can change.
Stop voting for people you want to have a beer with. Stop voting for folksy. Stop voting for people who remind you of your neighbor. Stop voting for the ideologically intransigent, the staggeringly ignorant, and the blazingly incompetent.

For those of you tying McCain’s personnel as lobbyist for the two institutions….okay, they were lobbyist. PAST TENSE. Oh, and by the way, lobbyists don’t run the company. CEOs run the company.
Posted by: billy bob | Sep 18, 2008 5:15:30 PM
———————-
Oh, you are so naive. COE’s hire lobbyists. The lobbiests speak for the company. As far as past tense goes, there lobbiests, then campaign managers, then lobbiests again. Ever here of “pay-back”.

indevoter- if you read the BusinessWeek article and look at the video, Obama did say only people making less than 75K would see tax relief. So it was his words. So I guess either he lied to win the primaries or he didn;t know what he was talking about.
And by the way, Clinton had the record revenue of the tech bubble taxes which solved all his problems. He also did not have to bailout the country due to the crash from the tech bubble, and after 9/11 pay for increasde security, pay for the stimulus after the credit crisis, and pay for hurricanes that caused evacuations of 2 states. Clinton had a cakewalk and also gutted the military which Bush aslo had to re-energize. Nice try rewriting the Clinton history.

Amazing that some morons on here still have the gall to point to President Clinton and the Democrats as the cause of the current financial meltdown. These people are as dumb as old Johnny McSame, who has no idea as to what his authority would be as President. It’s time to clean up this mess. It’s time to vote a straight Democratic ticket and get the G.O.P. out of power once and for all.

Both firing Cox and naked short selling are red herrings. Naked short selling – as execrable as it is – accounts for a tiny percentage of trades, and is considered a “fringe” maneuver.
The real problem is that under one of Phil Gramm’s previous bills, the SEC is legally prohibited from investigating whether a company is carrying too much high-risk debt due to buying mortgages from other lenders. McCain is blaming Cox for wearing handcuffs that the Republicans put on him in the first place.

I’m in the same boat as Bear Stearns, AIG, Lehman, etc … got in over my head, made some mistakes, can’t pay my bills. Where’s my bailout? Oh, I forgot — only giant corporations get “welfare.” They’re too big to fail. The rest of us? We’re on our own because we’re so small and insignificant that Bush/McCain don’t care if we fail. Welfare for the wealthy! Vote Palin/McCain for more of the same!

what we need is a harvard educated man to fix all of this.that use to be the ending of a bad joke but now it is true?our way of living is going to change in the next year or two so much.that is the real change obama and mccain are talking about. it is that simple.is it change stupid. and we are all missing it.

hp boston…. are you insane? what conspiracy playbook are you reading this week?
geez

McCain ’08 “Change my diaper”

I guess that McCain has been too busy taking money from the oil & drug companies. If we are in a mental recession, maybe those oil prices aren’t so high? It’s all in our heads!
McCain has spent the most of the last 7 years on talk shows defending Bush, now he’s the agent of change. I have a bridge to sell you.

Here’s a news flash NBC – the author of this article just FLUBBED MAJORLY.
He must be on Obama’s payroll.
Versailles

This delusional narcissist of a man who would re-design the presidential seal (before he was even out of the primaries) who would write 2 memoirs about himself (as if becoming a jr senator/community organizer is some worthy achievment) a coke snorting, weed smoking leftist, who expects us to believe he is “The ONE” we’ve all been waiting for. Who would then audaciously ask the German government to use one of Germanys most sacred locations Brandenburg Gate, as a photo op during a U.S. election. Who would then need to have, a Greek Temple backdrop behind him to accept the nomination of his party. Wow, and this barely scratches the surface of the ego-maniacal Obama. Again all of this from a community organizer/jr senator????? The utter audacity of Barack Obama,, there are no words.

This would be funny if it wasn’t so sad! McCain and Palin ACT as if (1) they understand what the heck they are saying, (2) the true scope of control, and (3) how the securities markets and the economy work. Obviously, they have NO IDEA! It scares the begeesus out of me to think that these two dingbats might get elected. My vote is for Obama and Biden – I’m voting for brains and experience (NOT dementia and boobs)!

Dano, I guess if you think calling people names is more eloquent than Dems win your argument.

I pose the same question i posed yesterday: What exactly do you call it when your government bails out Fannie and Freddie, provides a tax-free $85 billion loan to AIG, and guarantess that all of Bear Sterns “Bad assetts” will be covered? For the less educated republicans – it’s called socialism, and we have been living George Bush’ version for the last years. As someone else pointed out, the taxpayers take all the risk and share in none of the potential gains…
Anyone who still believes McSame and Palin have a clue should listen to them speak – neither can answer a question with a coherent thought without being negative about Obama or dodging the question that was asked. It’s a sad day to be an American when our politicians refuse to answer straight-forward questions and the topic of the day is “lipstick on a pig” or Tina Fey’s impression of Palin. Sad Indeed!
I am truly embarrassed to be an American!!!

Hey guys, here is a good joke to tell your family and friends at your dinner table tonight. You will guarantee to get lots of laughs:
“The fundamentals of our economy are strong!”
Courtesy of John McCain and his economic advisor(s).

Time to throw out the Neocons once and for all! They have been dead wrong about everything for the last decade.
Caribou Barbie in imploding before our eyes…what a political featherweight she is… now with the tanning beds and using a personal email account for state business. She still insists that being able to see Russia from her window gives is her forign policy experience…HUH!!!!
Obama Biden -08

“Economics is something that I’ve never really understood as well as I should. I’ve never been involved in the financial stuff, the financial workings of the country.” -John McCain ……
“Now, I am not an expert on Wall Street. I am not an expert on some of this stuff.” -John McCain ……
“I didn’t pay nearly the attention to [economic] issues in the past. I was probably a supply-sider based on the fact that I didn’t really jump into the issue.” -John McCain ……
“I don’t have that kind of [economic] expertise.” -John McCain ……
“I wish interest rates were zero!” -John McCain ……
“I know a lot less about economics than I do about military or foreign policy issues. I still need to be educated.” -John McCain ……
“The fundamentals of our economy are strong.” -John McCain

Goodness. I don’t really like either candidate and was in McCain’s corner for a while. But after everything I’ve seen over the past week and what I’m learning about Palin, I couldn’t imagine myself voting for them. I can’t believe it, but I think I’m actually going to vote for Obama!

This only confirms what I thought – John McCain doesn’t have a clue what’s going on. His responses are usually bungled, off-subject or evasive. But instead of strengthening the ticket with a qualified candidate, he picked Palin who REALLY doesn’t have a clue.
Take away their rhetoric toward Obama and democrats and what’s left – NOTHING!

http://www.publicallies.org/site/c.liKUL3PNLvF/b.4487165/

Oh Magoo…you’ve done it again!!!! LOL

Jschmidt, you know as well as I do that the Congress & senate are so close that to say they actually controlled it is stretching the truth. I know theirs been a few illnesses & deaths, they control by I believe only 2 votes, which is not a large enough majority to pass any bills. The only benefit is they get to name the chairmen of committees & Pelosi holds the gavel. Oh Please, lets not exagerate. They also took over in January 2007, so they are actually closer to 1 1/2 years than two years. I find it stunning that with all the Repugs up there you think that is enough to have stopped this mess. If they would have wanted to do anything about the crazy housing market, they would not have had any Repug support & King George would have vetoed. We’ve been hearing him & his Repug friends take responsibility for such a great economy, but it was a house of cards, now they won’t take any responsibility. REALLY???? I don’t think the Democrats are saying they hold no blame, but Clinton did better with his pants down!

Justfollowingalong,
Would you rather be getting economy advice from Trump or Warren Buffet? Taking nothing away from Trump, but I think I would take Warren any day, who is the guy advising the Obama side.

When a comment is made about “Fundamentals” the reference is NOT to “Main Street” or the “American Worker” but to economic fundamentals. Fundamental analysis of a business involves analyzing its financial statements and health, its management and competitive advantages, and its competitors and markets.
When McCain said “the fundamentals of the American economy are strong.”He was not referring in any way to the American worker or any of that ex post facto spin. He was talking about the soundness of the American economy, which by any metric, Fundamental, Quantitative, or Technical, is in terrible shape due to exactly the policies he and his backers pushed on us.

jschmidt, the same old tired arguements for McCAIN.
If you aren’t hearing Obama’s plans it’s simply because you are not listening.
As far as McCAIN is concerned firing someone isn’t a plan, it’s a scape-goat.

“Biden now saying it’s “patriotic” for those that have worked hard for their money to just give hand outs to the middle class?
What? Sorry to say, those like Donald Trump won’t see it that way.”
Sep 18, 2008 2:11:43 PM
FYI Emma, Donald Trump agrees with Obama’s tax policy. He is on record supporting it. He knows the weathiest Americans don’t need continued tax cuts in a time of war. Time to give some relief to the middle class, not the fat cats all of the time.

To Kim Peacock: Are you stupid or just “in the tank” for McCain? If you had read even one of Obama’s position papers on taxation, economics, small business, etc. you would understand that the last group he is for are large corporations!! the one who is and always has been for Corporate America is John McSame and Caribou Barbie! Need more information? Why don’t you go and read McCain’s website about his health insurance proposal? The only thing it will do effectively is encourage employers to stop offering group coverae (Why?) – he has three basic proponents to his healthcare platform -
1) Remove the tax deduction all businesses receive for health insurance premiums they pay on behalf of their employees (same thing as raising taxes…)
2)provide a $2,500 tax credit to singles and $5,000 tax credit to families (have you seen what insurance costs? I have and the only ones who would benefit are young men between the ages of 18 – 30 who can obtain decent coverage for $150 – $200 per month)
3) all employees whose employer pays their health insurance premiums on thier behalf (which is the case for most Americans) will now have to pay federal taxes on that premium amount (another tax increase).
So John McCain wants to remove the tax decuctibility of employer paid health insurance, tax the employee for what the employer pays, and then provide an inadequate tax credit to cover the tax increase he just installed? Not only does his plan contradict itself, it will encourage employers to drop health insurance! and good luck getting an individual policy if you are even the slightest bit sick!
People wake up and get a clue! McCain will DESTROY our current health care delivery system to the point where the number of uninsureds will double from 47million to over 100 million within ten years. Is this really the solution to our healthcare crisis that you seek???

indevoter- Obama should explain what tax plan he is supporting, increased taxes for over 75k, or taxes over 250k. It’s in his words or has he flipped again.
him.http://www.businessweek.com/magazine/content/08_15/b4079017876246_page_2.htm

MAYBE WE SHOULD FIRE MCWAR AND ALL THOSE REPUBS WHOSE ECONOMIC PROGRAM WAS THE DEREGULATION THAT OPEN THE FIRE WALLS BETWEEN BROKAGE HOUSE,BANKING AND MORTGAGES. FIRE EVERYLAST ONE. CORRUPTION DOESNT CLEAN UP CORRUPTION… IT BREEDS IT.

I love these right wing folks. They know what Obama thinks and what he will do. If it weren’t for Fox maybe these folks would be able to figure out they are voting against there own economic interest. I am taking my Country back from these MORONS!!!

Kristina-funny when the Republicans ‘controlled’ Congress they had less of a majority than the DEMS controlled now. Yet everyone says the Republicans controlled Congress for 8 years. The Dems controlled it for 32 of 40 years. yet Pelosi has the nerve to state only Republicans are at fault. The Dems are jst as corrupt and the current troubles have their beginnings in Democratic Congress of long ago. The subprime mess started in the 70s when the Democrats forced banks to lend to unqualified areas if the banks were to expand. The mortgages were securitized during the Clinton Administration. Last Sept Democrats decided student loan lenders were making too much money so they forced the lenders to charge less interest. When the credit crisis hit, lenders decided to back out of student loans. Democrats would not admit them made a mistake so they forced the Dept of Education to back the loans. So the Dems have made major blunders causing the sub prime crisis.

McCain did not “accuse” Obama of taking more campaign contributions from Fannie Mae and Freddie Mac – and in only three years! – than any Senator except one.
It is an open and easily checkable fact, not an accusation. The authors of this article don´t want to go there and bury it near the end. You might as well get your news directly from the Obama campaign website.

This gets funnier by the minute ,I had not IDEA THAT BARACK WAS THE PRESIDENT OF THIS COUNTRY FOR THE PAST 8 YEARS . Posted by: really!
***************************
NOW you blew it !!!!!!
Rove ASSociates were going to use that same
tactic on the Re-pubic-an sheep

abc news = obama news channel
i’m done – its just too obvious now – how desperate all the news media is to elect Obama
mr i don’t take a stand in case it gets me into trouble – how many times did he vote present – and now on AIG – let me meet with my advisors and get back to u as to what i think on the entire situation… (needs a telepromter)
my family left a communist/socialtist country.. we did not ever think america would become one – and if obama is elected it will and then we really will be in a toilet bowl….

dems and republicans are both to blame for the mess…. not one group – the entire
GOVENMENt

jschmidt,
If you read the article, it said he would reduce taxes for people making under $75K. He did not say raise taxes for everyone making over $75K. He has stated he would raise taxes for people making over $250K. So, the people in between will not see much of a change. There is no flip-flopping if you actually read what he is saying.

Geeville
The word is censure not censor.
Two different words, two different meanings

Fact: Of the entire federal debt of $9.6 trillion, 78% is from Republican presidents, 22% from Democrats.
Fact: Economic growth has been greater and unemployment less under Democratic presidents since 1946 than Republicans.
Fact: The current economic meltdown is due to deregulation pushed for his entire political career by John McCain.

Mack- that is your interpretation- if he promises tax relief to only those making less than 75k, that means he could easily raise taxes on those over 75k. Remember this is when he was running for the primary and those supporters would think 75k is rich. Now he is trying to be the moderate and saying only people over 250k will get more taxes. LOOK he is not a moderate he is a radical left liberal being labelled the most liberal senator. He is not supported by MoveOn and Daily Kos because he is a moderate. He is a tax and spend liberal.

MCCAIN HAS NO SOLID IDEAS OR PLANS ON FIXING THIS ECONOMY.. A REASON HE KEEPS SCREWING UP WHEN SPEAKING ABOUT IT.. HIS STRENGTH DOES NOT LIE IN ECONOMICS.. HE’D BE A GOOD CHOICE AS PART OF A PRESIDENTIAL CABINET POST BUT NOT AS PRESIDENT..
OBAMA / BIDEN ’08

jschmidt,
If you read the article, it said he would reduce taxes for people making under $75K. He did not say raise taxes for everyone making over $75K. He has stated he would raise taxes for people making over $250K. So, the people in between will not see much of a change. There is no flip-flopping if you actually read what he is saying.
Posted by: Mack | Sep 18, 2008 6:17:02 PM
—————–
You are so right, but I think you’re never going to convince him/her. “There is none so blind as he who will not see.”
Oh, and McCAIN will raise taxes. You better believe it because he can’t possibly do all he says he will do without raising taxes. It’s MISSION IMPOSSIBLE. He just won’t say it because he knows it’s unpopular. We’ve already gone down this path with a Republican President. Remember George H. W. Bush, “Read my lips, No new taxes!”. Guess what, he raised taxes.

…………..”Sounds like we’re inching closer to the Socialism that Obama wants and it will be the complete downfall of this country…………….”
Posted by: Emma | Sep 18, 2008 2:11:43 PM
*****… ….Socialism they say…Seems as though the Republicans are leading us down that path with their government take over of Wall Street….

“If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.” –John McCain, May 26, 2005
So where was Obama at the time? Kinda explains why Obama got the money and McCain is getting the organised hatred.

In a few weeks we will make a choice that will decide our future.
This time the stakes are much higher then most people could imagine
I would like to point out some things you may already know in a new way.
I follow a economist named bob proctor who has called the top and bottom of every market crash since the 70s correctly.
He perfectly predicted the current real estate market meltdown ,and the picture he paints about what will happen in the next couple years
Is terrifying. He thinks it could get worse then the great depression.
Banks in the US are going under one after the other. Country wide the largest morgage bank in the world
Bear Stearns and Lehman brothers , and Merrill Lynch which are 3 out of the top 5 wall street firms.
And now Fanny and Freddy which hold 50 percent of the home loans in the United States.
The goverment took them over because they are essentially bankrupt.
If they didn’t the entire financially system would virtually shut down, the stock market would crash
And we would suffer beyond what any of us have seen before
The future of these companies will fall into the hands of our next president
And all of our economic future depends on them reorganizing these companies right.
Lehman, Merill Lynch, and Bear Sterns have survived for over 150 years and survived even the great depression
They are important because the are the biggest engines of growth in america and
are connected to everything Not to mention AIG the largest insurance company in the world
Never in our lives have so many vital companies gone under in a 4 week period.
Already one out of 10 Americans is somewhere in the foreclosure process.
During the last 8 years the average person saw there salary drop instead
Of increase. These are all facts no one will argue with.
The truth is we are only in the start of the worst economy we have seen in our generation
and a very real possibility of another depression.
Bush just like Mcain doesn’t understand the economy.
That not just my opinion its his own words. Not only does he not understand how to fix it
He does not understand exactly what is broken. Its no surprise that he doesnt. The people that make up these
securities use complex math models very few people understand.
Bush and mccain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
Banks took huge risks and now we have spent 800 billion to bail them out thats about 2000 to 3000 for every family in the us
we are the ones that are suffering and we have every right to hold the administration and wall street accountable
since we are paying for it.
It will take the best and brightest minds in the world to get us out of this nightmare. The same things bush and mcain
have done for the last 8 years created this mess and can only make it much worse.
If you do what you have always done then you will do get what you have always __________
90 percent of the time they have voted the same.
So why are the polls even close then ?
The chairman of mcains campaign recently said that people don’t vote on issues
they vote on a personality composite which means. He is trying to sell personality instead
of results.
He believes you can be sold into voting against your own best interest with personality.
Mccain admits in the year 2008 he cannot use a computer even for something easy like email
which any 10 year old can do.
In this mess that should pretty much disqualify him right there
We are not bulletproof america it time to wake up and hold these people accountable.
Lets stand up and fight for our country now while it will still make a difference
Lets elect Obama Biden 08

James- you really need to do your research- Wiki is never a reliable quotable source.
On the 20 year old Keating affair, McCain was recommended to be dropped from the Ethics proceedings because he did nothing wrong. But the Democratic controlled Ethic panel wanted to keep him on the hook because it would look better to have a Republican accused of wrongdoing because the other accused were 4 DEMOCRATS.

Another McCain flub! He is incapable of not putting his foot in his mouth! That’s why his handlers want to keep the two of them away from the press as much as possible. Unfortunately, communication is part of the President’s job description. We don’t need another embarrassment for a president. The country is suffering. Electing McCain = Brainless Electorate

I’m so done with the Republican party. Get ‘em out!

I’m tired of this bickering back and forth so I’ve decided not to waste my time on it. All i’m going to do now is vote(for Obama) and hope for the best. This bickering isn’t going to change a thing considering the posters minds are made up.

elect us and your taxes are going up. wait you must make 200,00 a yr to be taxed more so do not try to make anymore than 199,00 a yrs.that is the message obama and biden are on.now that is off message

The best thing going for McCain is the media. Sarcasm, riducule towards McCain. Utterly shamless adoration of Obamba.
In the battle of media vs the people of the United States, media is going to be solidly defeated on November 4th.
McCain/Palin 08!
Say No to Obama.

Everyone needs to google “Community Reinvestment Reform” and check out the Wikipedia on this one. Here’s an exert…”The Clinton Administration’s regulatory revisions [1] with an effective starting date of January 31, 1995 were credited with substantially increasing the number and aggregate amount of loans to small businesses and to low- and moderate-income borrowers for home loans. Part of the increase in home loans was due to increased efficiency and the genesis of lenders, like Countrywide, that do not mitigate loan risk with savings deposits as do traditional banks using the new subprime authorization. This is known as the secondary market for mortgage loans.” BOTH PARTIES HAVE THEIR GREEDY HANDS ALL OVER THIS MESS, BUT THE DEMS ARE THE BIGGEST HYPOCRITES BY FAR!! STOP THE PHONY, BIG GOV’T OBAMA!!

Only a couple of days ago, Republican Senator Jim DeMint pushed for an amendment to STOP the lobbying efforts from Fannie Mae and Freddie Mac.
It was shot down by HARRY REID. Now why would Reid do that?
Why would Harry Reid enable Fannie and Freddie to spend money on lobbying now and in the future?
You may even find a news story about it, though probably not on this site.

democrat for mccain has nailed it,the media is helping mcain not hurting him.media wants obama so bad,so bad they do not get him.

From and article by Stu Hutson in New Scientist
“‘The voice analysis profile for McCain looks very much like someone who is clinically depressed,’ says [Branka Zei] Pollermann, a psychologist who uses voice analysis software in her work with patients.”
“Additionally, McCain’s voice and facial movements often do not match up, says Pollermann, and he often smiles in a manner that commonly conveys sarcasm when addressing controversial statements. ‘That might lead to what I would call a lack of credibility.’”

McOld needs a long nap now! Palin aka The Pain, needs to take that $26 million dollar road to nowhere she’s building, back to Alaska.
Go now Sarah, WE DON’T WANT YOU!

Congo- does Obama think he can fire the head of the SEC?

I am so sick of these people who incessantly hit at Obama for intending to raise taxes. Here is a news flash for you. Unless you make over $250,000, you will NOT be taxed. On the contrary, you will get a HIGHER tax cut than under McCain’s plan. This is pretty much true for 95% of all Americans! So, if you are claiming that Obama will raise taxes on Americans and that this is bad for all Americans, you HAVE to furnish a disclaimer about which income bracket you and your immediate kin fall into. Otherwise, it simply makes no sense for anyone to denigrate a policy that would be for his economic interests and adversely affect only a tiny 5% privileged few.

jschmidt – Obama has been given a free ride by the MSM and the voters have had to hunt and peck for unbiased information on him. Obama will say anything to get elected and if he wins, he will revert back to the far left where he has voted EVERY TIME. No bi-partisanship with Obama. The only change we will see is the creation of more big gov’t that we can’t afford, not to mention that Obama want to almost DOUBLE OUR CAPITAL GAINS. This tax alone would be the death nail for many of us. OBAMA NOW SOUNDS LIKE THE PUPPET HE IS WHEN GIVING SPEECH AFTER SPEECH BLAMING THE GOP. OBAMA HAS NO REAL ANSWERS!!!

El gordo, McCain and Palin are proven idiots, not reformers. If Palin is a reformer maybe she can reform her 17 year old daughter from sleeping around and getting knocked-up.

Andrea D, Why the personal attacks on Governor Palin?

“said McCain, who took credit for warning Congress of the impending crisis two years ago.”
One year ago McCain stated that he “didn’t see this coming,” so how is it that ABC feels it is OK to put this statement in an article without checking whether or not he actually made this statement?

here is what amercian voters hear “sitting around their kitchen table”obama/biden sept 2008 we are going to raise your taxes, now that is patriotic.you think the voters hear anything different you are drinking the koolaid.

In a few weeks we will make a choice that will decide our future.
This time the stakes are much higher then most people could imagine
I would like to point out some things you may already know in a new way.
I follow an economist named Bob Proctor who has called the top and bottom of every market crash since the 70s correctly.
He perfectly predicted the current real estate market meltdown, and the picture he paints about what will happen in the next couple years
is terrifying. He thinks it could get worse then the great depression.
Banks in the US are going under one after the other. Country wide the largest mortgage bank in the world, Bear Stearns, Lehman Brothers, and Merrill Lynch which are 3 out of the top five Wall Street firms, and now Fanny and Freddy which hold 50 percent of the home loans in the United States.
The government took them over because they are essentially bankrupt.
If they didn’t the entire financially system would virtually shut down, the stock market would crash and we would suffer beyond what any of us have seen before
The future of these companies will fall into the hands of our next president and all of our economic future depends on them reorganizing these companies right.
Lehman, Merrill Lynch, and Bear Sterns have survived for over 150 years and survived even the great depression they are important because they’re the biggest engines of growth in America and connected to everything, not to mention AIG the largest insurance company in the world
Never in our lives have so many vital companies gone under in a 4 week period.
Already one out of 10 Americans is somewhere in the foreclosure process.
During the last 8 years the average person saw there salary drop instead
Of increase. These are all facts no one will argue with.
The truth is we are only in the start of the worst economy we have seen in our generation and a very real possibility of another depression.
Bush just like McCain doesn’t understand the economy, that’s not just my opinion those are his own words. Not only does he not understand how to fix it He does not understand exactly what is broken. It’s no surprise that he doesn’t. The people that make up these securities use complex math models very few people understand.
Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
Banks took huge risks and now we have spent 800 billion to bail them out that’s about 2000 to 3000 for every family in the US. We are the ones that are suffering and we have every right to hold the administration and Wall Street accountable because we are paying for it.
It will take the best and brightest minds in the world to get us out of this nightmare. The same things Bush and McCain have done for the last 8 years created this mess and can only make it much worse.
If you do what you have always done then you will do get what always have, 90 percent of the time they have voted the same. So why are the polls even close?
The chairman of McCain’s campaign recently said that people don’t vote on issues they vote on a personality composite which means. He is trying to sell personality instead of results. He believes you can be sold into voting against your own best interest with personality. McCain admits in the year 2008 he cannot use a computer even for something easy like email which any 10 year old can do.
In this mess that should pretty much disqualify him right there. We are not bulletproof America it’s time to wake up and hold these people accountable. Lets stand up and fight for our country now while it will still make a difference, Lets elect Obama Biden 08.

mccain is not going to work hard to defeat obama just let pelosi out of her cage, just watch it happen. pelosi is the clintons of 2000.bring her on.message to obama, shut pelosi down fast.it is all so simple

We have seen “SOUND ECONOMIC POLICY” in the last eight years, $ One Trillion Dollar in Iraq – Doubling Oil Price. $.75 Trillion Dollars, Tax Payers bailout for their Rich Friends, while we loose our homes , jobs and pensions. What is fundamentally “SOUND” here, folks? Don’t be a sucker, vote your conscience. Lake Hart, a Native American Writer.

We need to be careful of what regulations need to be created. The Democrats will punish big business. McCain wants the right regulation that will not damage the economy further. http://online.wsj.com/article/SB122169320421449849.html
Call it the revenge of Enron. The collapse of Enron in 2002 triggered a wave of regulations, most notably Sarbanes-Oxley. Less noticed but ultimately more consequential for today were accounting rules that forced financial service companies to change the way they report the value of their assets (or liabilities). Enron valued future contracts in such a way as to vastly inflate its reported profits. In response, accounting standards were shifted by the Financial Accounting Standards Board and validated by the SEC. The new standards force companies to value or “mark” their assets according to a different set of standards and levels.
The rules are complicated and arcane; the result isn’t. Beginning last year, financial companies exposed to the mortgage market began to mark down their assets, quickly and steeply. That created a chain reaction, as losses that were reported on balance sheets led to declining stock prices and lower credit ratings, forcing these companies to put aside ever larger reserves (also dictated by banking regulations) to cover those losses.
In the case of AIG, the issues are even more arcane. In February, as its balance sheet continued to sharply decline, the company issued a statement saying that it “believes that its mark-to-market unrealized losses on the super senior credit default swap portfolio . . . are not indicative of the losses it may realize over time.” Unless one is steeped in these issues, that statement is completely incomprehensible. Yet the inside baseball of accounting rules, regulation and markets adds up to the very comprehensible $85 billion of taxpayer money.
What AIG was saying then, and what others from Lehman to Bear Stearns to the world at large have been saying since, is that the losses showing up aren’t “real.” Yes, the layer upon layer of derivatives built on the foundation of mortgages is mind-boggling. One reason that AIG had floated beneath the radar screen of the business media (relative to Wall Street investment firms) is that its business model is so complex and opaque that it is impossible to describe simply. It was briefly in the news in 2005, after it was accused of improper accounting by the SEC and the New York attorney general. Then it faded from view, until now.

This delusional narcissist of a man who would re-design the presidential seal (before he was even out of the primaries) who would write 2 memoirs about himself (as if becoming a jr senator/community organizer is some worthy achievment) a coke snorting, weed smoking leftist, who expects us to believe he is “The ONE” we’ve all been waiting for. Who would audaciously ask the German government to use one of Germanys most sacred locations Brandenburg Gate, as a photo op during a U.S. election. Who would then need to have, a Greek Temple backdrop behind him to accept the nomination of his party. Wow, and this barely scratches the surface of the ego-maniacal Obama. Again all of this from a community organizer/jr senator????? The utter audacity of Barack Obama,, there are no words.

rktsci3127 wrote:
“Obama is pretty smart…his two top economic advisors…one from failed Lehman Bros and one from failed Fannie Mae. Oh well, maybe they’ll help him buy another house one day.”
Are you smoking crack? Where did you read that crap? Austan Goolsbee and Daniel Tarullo are professors, at University of Chicago and Georgetown, respectively; not CEOs, CFOs, or brokers, you dolt.

Obama: “its Bushs’ fault”.
McCain, “fire someone, make it look like you are mad and doing something, fire someone now- fire anyone, the sec the ppp or the janitor”!
We have scraped the bottom of the barrel with these two.

goodbye the bridge to know where, goodbye mccain’s age, hello nancy pelosi,she is a, if i may quote obama a gift from a”higher being” obama did not see her coming.when does abortion come back into the news cycle?

McCain is the one coming up with constructive course of action. Obama just criticizes. Who is trying to understand and fix the problem? McCain!
http://www.cbsnews.com/stories/2008/09/18/politics/main4457861.shtml
McCain proposed creating a trust to work with the private sector and regulators to identify mortgage and financial institutions that are weak and to take measures to strengthen them. He has said the economy in “crisis” but that the fundamental productivity of the American worker endures.Earlier this week, Obama criticized McCain for responding to the financial turmoil on Wall Street by suggesting the creation of a high-level commission to study its causes. Obama campaign adviser Linda Douglass said, “What we ought to do is fire the economic policies of George Bush.”

Everyone knows that President Obama will be come Jan. 20th 2009….Now, since that has already been established lets look at something deeper…..If you are a common sense type person you will see that Obama is best for this Ctry…..Definition of Insanity is “doing the same thing over again, the same way, and expecting a different result….(McBush)…Now, since we understand that….I have been reading about why isn’t Obama further ahead….and will his race be an issue for him?…..For him??? That is strange….why would being black be an issue for him? He is who he is….period…..And by him being black and whites not voting for him does not reflect bad on him, it reflcts back on the whites who were to racist, scared, or petty, to vote for him, even though for 200+ years these same whites have been asking us blacks to support their leaders…..SO LETS BE CLEAR….IF WHITES DON’T CHOSE TO VOTE FOR HIM BECAUSE HE IS BLACK, REFLECTS NOTHING BACK ON HIM…..WHO IT REFLECTS ON ARE THE NARROWMINDED INDIVIDUALS WHO CANNOT/WILLNOT THINK OUTSIDE THE BOX AND HAVE A FEAR OF A BLACK MAN RUNNING THE SHOW!!!
LETS BE HONEST NOW…
BUZZARDS KORNER!!

Here’s the kind of economic advisers Obama looks to……Washington Post Staff Writer
Wednesday, July 16, 2008; Page D01
In the four years since he stepped down as Fannie Mae’s chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case’s D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.
Raines for more than a decade enjoyed a bully pulpit in Washington, first as head of the White House Office of Management and Budget under President Clinton and then as chief executive of Fannie Mae, where he was the first African American chief executive of a Fortune 500 company.
Raines settled charges brought by the Office of Federal Housing Enterprise Oversight by agreeing this spring to pay $2 million and forfeiting $22.7 million in stock and other benefits. And though none of it will come out of his pocket — the payment was covered by insurance

Nebraska Republican Sen. Chuck Hagel said his party”s vice presidential nominee, Sarah Palin, lacks foreign policy experience and called it a “stretch” to say she”s qualified to be president.
“She doesn”t have any foreign policy credentials,” Hagel said in an interview published Thursday by the Omaha World-Herald. “You get a passport for the first time in your life last year? I mean, I don”t know what you can say. You can”t say anything.”
“I think it”s a stretch to, in any way, to say that she”s got the experience to be president of the United States,” Hagel said.
McCain and other Republicans have defended Palin”s qualifications, citing Alaska”s proximity to Russia. Palin told ABC News, “They”re our next-door neighbors and you can actually see Russia from land here in Alaska, from an island in Alaska.”
Hagel took issue with that argument. “I think they ought to be just honest about it and stop the nonsense about, ”I look out my window and I see Russia and so therefore I know something about Russia,”” he said. “That kind of thing is insulting to the American people.”

John McCain’s mistake is definitely an honest mistake that anyone could make.
Barak Obama on the other hand said that he visited 57 states and had one left to visit.”
Could anyone please tell me why the media failed to cover this one?

That town hall meeting was like a creepy Steve and Eydie Lawrence lounge act–heebeeejeeebeee!

John McCain’s mistake is definitely an honest mistake that anyone could make.
Barak Obama on the other hand said that he visited 57 states and had one left to visit.”
Could anyone please tell me why the media failed to cover this one?

Couple days ago McSame said the economy was strong….now he wants to fire someone….and your not worried about his age.

To paraphrase Alice in Wonderland, stupider and stupider….
First, the president really doesn’t have the authority to fire the Chair of the SEC. Secondly Chris Cox’ term will expire in 2009 any way – so big deal.
Thirdly, McCain approved Cox’s appointment. He looked the other way while Cox allowed corporations to run roughshod over all the regulations of the Sarbanes-Oakley Act.
Most important the architect of the current mortgage market meltdown was none other than Phil Gramm, McCain’s chief economic advisor. Gramm railroaded the Gramm-Leach-Bliley Act which gave financial markets a green light to make their own rules. (My source of information is USW@Work, USW is Todd Palin’s union.)
According to a post by James Moore on the Huffington Post, Gramm also rammed through the Commoity Futures Modernizatin into the budget bill, and the Gramm Guts America act which enabled corporations to evade regulators. I haven’t heard McCain offering to fire Phil Gramm.
McCain is so out of touch that he doesn’t know what’s going on in his own campaign – or he’s lying BIG TIME to the public. Either way, McCain does not belong in the White House.
P.s. Tax the rich, it’s the only way Americans can get their money bck.

I admire McCain, where there is a will, there is a way. He has the right idea. We need more “men” like McCain.
Obama would invite Cox to his fundraiser and ask for more money.

Why is this old man crying like a baby. He probably needs a diaper change. I can’t wait for the debates. McBaby, you better stock up on the Depends!

John McCain’s mistake is definitely an honest mistake that anyone could make.
Barak Obama on the other hand said that he visited 57 states and had one left to visit.”
Could anyone please tell me why the media failed to cover this one?

Emma – This country has ALREADY hit bottom! Oh wait…maybe not. There are still a few banks left that are teetering, such as Washington Mutual, not to mention the airlines. This country needs change and to elect a man like McCain who doesn’t even realize that he CAN’T fire the chairman of the SEC…well, that’s pretty sad! As for his running mate, I noticed today that she made a reference today to a “Palin/McCain ticket.” LOL

John McCain’s mistake is definitely an honest mistake that anyone could make.
Barak Obama on the other hand said that he visited 57 states and had one left to visit.”
Could anyone please tell me why the media failed to cover this one.
Posted by: Registered Republican | Sep 18, 2008 8:08:17 PM
———————-
Actually I’ve heard about that gaff about 3000 times, but I’m sorry, it’s NOT the same. McCAIN said he would fire someone who currently works for a sitting president (WRONG thing to do) and he can’t fire him anyway. This isn’t a simple slip of the tonge. This shows a complete lack of knowledge on how things are done, not to mention an increadible amount of gaul.
Just because you are a Registered Republican doesn’t mean you have to vote for McCAIN. You can vote for a fiscal conservative Ron Paul (this was Palen’s choice in the primaries) or you could go to republicansforobama.org. then there is also Barr (Libertarian) who is also a fiscal concervative.

Hey Registered Republican
Blow it out of your AR$E
OBAMA!
MCCAIN IS SENILE

indevoter, whats your point Joe Leiberman has said Obama not qualified to be president. He is a democrate, Hillary Clintons advisor is supporting Mccain, saying NOBRO has no experience. what I dont understand is, if Palin who has more experience than NOBRO is running for Vice President and your candidate has less experience and is running for President and all the Dems say she doesnt have enough experience, what does that make NOBRO qualified to do. Be a community organizer for sure.

Was Cox at Obama’s fundraiser in Hollywood? The $25,000 a plate dinner, with the elitist “Obama”, was closed to the press. Bitter, yes, but I will remember in november!

mccain should fire himself–a mccain quote”i voted 90% of the time with george bush” yea and that is why you mr. mccain voted for deregulation of these big financial companies. you signed the line mr.mccain that caused this mess this nation is in. we must stop teh republican party from raping america.

President McCain will be asking for mr. Cox’s resignation on day one! That’s how the SEC chairman will find the unemployment line or beg for a job at Fannie or Freddie.

John McCain’s connections to the two mortgage companies are more numerous. His campaign manager, Rick Davis, headed the Homeownership Alliance, an advocacy group for the two lenders (Fanny and Freddy) His close adviser, Charlie Black, is a long-time lobbyist whose firm represented Freddie Mac.
Two of McCain’s bundlers, supporters who help raise large amounts of money for the campaign, have ties to Fannie Mae. Robert H. Holt is a lobbyist for the firm, and Wayne Berman is managing director of Ogilvy Government Relations, which also represents the company.
A third McCain bundler, Geffrey T. Boisi, is a director of Freddie Mac
This is what McCain does. Take it away from what he will do (because he won’t do anything – remember his deregulation ties) and makes it about something other than policy. Obama has clearly stated what he will do to correct this while McCain throws this garbage back because when it comes right down to it he is as guilty as anyone of those “old boys” who destroyed any hope of oversight. While we argue this no one is asking him about Glass-Stegal and Gramm-Leache-Bailey which are wholly responsible for the mess we are in right now. Obama cannot let this take him off message.

Wait, I dont get it, didnt McCain call for the reform of Fannie and Freddie in 2005/06 and tried to pass a bill of some sort? And didnt obama/other dems vote against it, all the while recieving huge sums of money from Fannie (2nd most) AND hiring the two CEOs who drove the company into the ground on his campaign staff?
Talk about irony. Really if people would just open their eyes. McCain isnt perfect but he is far better than the alternative.

McCain was against regulations until now he’s in favor of them. Flip’n and Floppin’ like a fish on the bottom of a boat. Wrap him in paper and let’s go.

Obama Democrat state representative from Tennessee his Palin Hacker
http://hillbuzz.wordpress.com/
Hillbuzz is reporting that
the guy who hacked into Palin’s emails was discovered today……let’s guess who this guy was supporting.
From Hillbuzz…..
SoetorObama supporter Mike Kernell, Obama Democrat state representative from Tennessee (and active member of SoetorObama’s Tennessee campaign), confirmed his son David Kernell, student at University of Tennessee-Knoxville, hacked into Sarah Palin’s yahoo email account to help SoetorObama’s struggling campaign.
Kernell hoped to find political information he could pass to the SoetorObama camp, or anything he could embarrass Palin with by posting all over the Internet. It was his intent to neutralize Palin or force her off the ticket by finding damaging personal information that would win the election for SoetorObama.

one thing comes to mind from obama/biden,ambiguous.something happens, wall street, what do we do?run and say nothing.they are realy working hard on not winning.the best thing obama/biden came up with yesterday was to give illegal alians driver license.this is where we are going as a country?people should demand more from there vote, oh we got that, the answer is…. more taxes,it is true, biden said it.how does obama remove himself from that?it just keeps coming.

Is it Ground Hog Day Or something Bush came out of his hole for a brief moment. Six more weeks of turmoil and then it will be spring:)

McCain’s Alzhiemer is kicking in fast.

“pelosi is worse for obama then obama telling us his is pro-abortion,with biden coming in a very close second.patriotic,pay more taxes.biden said it, oh maybe just a flub.a flub at the tax and spend switch
Posted by: harold l | Sep 18, 2008 8:28:14 PM***
****************
The Tax Policy Center, a nonpartisan research group whose staff of experts includes former economic advisers to the White House and Congress under both Republicans and Democrats concludes that: Obama’s tax plan would increase taxes in 2009 on the wealthiest 20 percent of households while offering tax cuts for the other 80 percent.
In contrast Tax Policy Center analysis says that McCain would offer tax cuts across the board. Those at the top end of the scale would get the biggest percentage cuts under McCain, while households with the lowest incomes would receive the largest percentage cuts under Obama’s plan.

OOPS Another Señor McCain Gaffe Juan Sidney Promises To Fire SEC Chief Chris Cox After He Is Named Èl Presidenté

Was J. Sidney McCain Of Arizona Panama Advocating Another Huge Bush-Like Expansion of Executive Powers Or Did He Simply Forget No Èl Presidenté Has The Power To Fire An SEC Chair?
Now that Juan Sidney finally knows how many houses he ow…

McCain proposes a change, a specific change, the Media attacks him. Obama proposes moonbeams to solve our problems, the Media adores him. The bias is so blatant they don’t even try to hide it anymore.

“does he ever lift a finger to help?” Uh, actually yes, Governer Palin, when he was working as a Community Organizer – remember, the job you so and Giuliani so smugly and sarcastically mocked at the RNC, “energizing” the “Republican base?” We all know that’s code for “hypocritical douchebags who will take any cheap shot at a Democrat in order to keep their access donors happy.” Obama has also done a ton of work reaching across the aisle both in the Illinois senate and in Washington, and his healthcare and economic plans will benefit the vast majority of Americans – you know, the other 99% of us. You, on the other hand, married a secessionist and are forcing your pregnant teenage daughter to get married. Some help – gee, thanks for the advice Mom and Dad.

For Raj and others on the Freddie/Fannie bandwagon around Obama…
http://wire.factcheck.org/2008/09/18/freddie-fannie-and-barack/
Obama has received a total of $18,150 from Freddie Mac EMPLOYEES (corporations can’t donate). McCain has received a total of $9,500 from Freddie Mac employees. Also, Jim Johnson (who was CEO of Fannie Mae) was on Obama’s VP search team for one week and left Fannie Mae in 1999, well before the de-regulation problems that have helped lead to the sub prime mortgage problems.
Also, McCain just read a report about the FM’s that he encouraged others to take note, admirable but he certainly didn’t make any efforts to “forestall this disaster”
http://www.politifact.com/truth-o-meter/article/2008/sep/17/mccains-warning-fannie-and-freddie/
Once again, I would really like to go back to supporting McCain but I haven’t seen any factual reasons why this country will be in better shape than we are now, just half truths and conjecture.

He is obviously not slipping up. HE doesn’t know!!!! And that scares me a whole lot. We cant let this man anywhere near the white house. He will destroy it.

America. Please vote Obama.

Ok, So the right wing says Obama is socialist. What do you call the massive tax payer bailout of a bunch of rich Wall Street CEO’s and Executives. See Bush and the Republicans in his administration seem to be enjoying all of their socialist perks as government employees (Health care, Retirement, BAILOUTS) but it is not ok for the rest of America to have socialist programs to benefit us!! MORE HYPOCRISY FROM MCSAME AND THE RIGHT WING ROVE CROWD!!

Niko & Johnny X – You obviously read and hear only what you want to read and hear. Have either of you ever checked out Obama’s website? Under ISSUES, he spells out specifically what his plan is on all the important issues that matter to people most.

Yeah sure. And I suppose next you’ll be telling me that a governor can’t fire a librarian because she won’t cooperate in removing books from the shelves, or that she can’t fire her sister’s ex-husband due to a bitter divorce.

McCain understands the power of the “Bully Pulit” to remove beaurecrats, Obama is still stuck in powerless-community-organiserville.

DL says:
People connect the dots
Mccain Keating deregulation
trillion dollar bail out
Mccain Gramm deregulation
trillion dollar bailout
only now gramm is writing the economic platform for mccain.
you have to be, not just stupid, to vote for this guy at this point
but is there a word for super stupid.
Yes – Palin

McCain like his sidekick Palin wants to fire somebody.He copied Obama’s change message now he wants to copy Palin’s firing tactics.

McCain, several years ago tried to reform the Mortgage industry and was thwarted by Chris Dodd and Barney Frank, McCain and Bush repeatedly said we needed to fix the mortgage industry and who stopped them? Democrats! Dodd got tons of campaign funds from Fannie Mae as well as the second largest recipient, Barack Obama. Where’s the uproar? Where’s the call for an investigation? Certainly not the Democrats or the Media. If the Republicans were in charge and got all this campaign contributions it would be all NBC, CBS, ABC MSNBC.

McCain has been flip-flopping for the last couple days,every time he changes his position it just strengthens what Obama says that he is out of touch and he’ll say whatever he needs to win. McCain if he continues with the gaffs and the position changes I expect his poll numbers will take a dive.

“I’m waiting for the first Democrat to step right up and as Biden suggested, be patriotic and offer to pay more taxes to help us out of this mess.
Posted by: Johhny-X | Sep 18, 2008 10:02:47 PM”
**************
I would like to know the source of your information. Thanks!

The truth is out there.
Daily Standard contributor Adam White, an attorney, writes in explaining that McCain’s critics are completely wrong:
It’s true that the SEC is an “independent agency,” and that the statute creating the SEC (specifically, Section 4 of the Securities Exchange Act of 1934) doesn’t expressly state that the president can fire SEC commissioners. But the law on this point is well settled: As the D.C. Circuit reiterated as recently as last month, in Free Enterprise Fund v. Public Company Accounting Oversight Board, 537 F.3d 667, 668-69 (D.C. Cir. 2008), “[m]embers of the Commission, in turn, are appointed by the President with the advice and consent of the Senate and subject to removal by the President for cause; its chairman is selected by and serves at the pleasure of the President.”
The courts have never said that Congress can completely prevent a president from firing officials of an independent agency. At best, Congress can limit the president to firing such officials only “for cause,” and the term “for cause” is generally interpreted pretty broadly.
http://www.weeklystandard.com/weblogs/TWSFP/2008/09/can_the_president_fire_the_sec_1.asp

IS THIS LIKE OBAMA SAYING HE HOPED TO VISIT ALL 57 STATES?

Patty S- we will survive the credit crisis. The crash 0f 87 and the early 90s were worse. The economy is very resilent and has bounced back. The sky is falling media and Democrats is all hype. Cooler heads need to prevail so that a Democratic Congress doesn’t regulate us to death. McCain is right, the right regulation is needed not just more of it.

I love to hear Republicans throw their BS around on these blogs. Three quarters of them know absolutely nothing about economic markets and yet they all squeal on how Obama is going to do this and run the country into the ground. Hey, people, your country is already into the ground, or haven’t you noticed the last few months how your economy is in the toilet. Your over 9 trillion dollars in debt and climbing. Your losing jobs faster than you can fill your car with gas, You have absolutely no healthcare coverage that works, and people are losing their homes at a rate faster than you can put your pants on. You people absolutely amaze me with your intelligence. NOT. How in the hell can you sit there and support someone who is robbing you blind and has a foot on top of your head and shoving you deeper in the hole. It just plainly boggles the mind. How stupid can anyone get. I mean geez folks. I’m an outsider looking in and I can see the truth. You people are suppose to be the most powerful country in the world. Most of us see is a laughing stock of the world, a bunch of racist bigots, and people that have not one ounce of common sense when it comes to your childrens and your own future. But go right ahead, its your election and go vote for Grandpa and Cariboo Barbie, When they rob you of the rest of your savings and the little bit you have left, let me know whos fault it is then. Hahahahahaha

the hypocracy of republicans is dumbfounding… they are the biggest socialists out there…
when things are good, they (read mccain/bush) work hard for deregulation so the rich can get richer, then when things go south and the big boys need to be bailed out they go to the government to bail their rich rear-ends out… corporate welfare i call it, to the tune of 85 billion just this week alone!… so much for the fake capitalists of the rich owning class

I believe just YESTERDAY McCain was calling for REGULATION (democrat) and now they are to blame. Amazing. He’s flippin and floppin like a dying fish.

McCain will say anything to win middle class voters despite the fact that his party has created a business environment that pretty lets them do whatever they want. All of these financial and mortgage companies (Merrill Lynch, AIG, Countrywide, IndyMac, Bear Sterns, etc) are big backers of Republicans.

McCain supported a bill to increase regulation of Freddy-Fanny in 2005. Obama is silent because Freddy-Fanny bought him off with contributions. I guess “change” has it’s price.

Barack Obama & Nancy Pelosi blame Bush administration for the mortgage crisis that led to an economic crisis this week – but Democrats blocked this bill.
2005 Federal Housing Regulatory Reform Acthttp://www.govtrack.us/congress/bill.xpd?bill=s109-190
John McCain – January 2005 “I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.I urge my colleagues to support swift action on this GSE reform legislation.”

In a perfect world, the companies would have been allowed to go under. But with all the regulation having caused this in the first place (http://online.wsj.com/article/SB122169320421449849.html), and the domino affect could have taken down the entire banking industry including overseas, the regulators couldn’t let that happen. from the article,” The regulations were passed to prevent a repeat of Enron, but regulations are always a work of hindsight. Good regulatory regimes can mitigate future crises, and over the past hundred years, economic crises world-wide have become less disruptive. The panics of the late 1800s, the bank runs, the Great Depression in Europe and the United States, were all far more severe than what is unfolding today in terms of business failures and jobs, homes and savings lost.
But bad regulation is something to be feared, especially as industries become more complicated. Legislators and agencies would be wary of passing rules regulating how a semiconductor chip is programmed; they would recognize that while the outcomes those chips produce might be simple, the way they produce them is not. Yet financial service regulations sometimes act as if we still live in a time when deposits consisted of sacks of money in a vault.
A few years from now, there will be a magazine cover with someone we’ve never heard of who bought all of those mortgages and derivatives for next to nothing on the correct assumption that they were indeed worth quite a bit. In the interim, there will almost certainly be a wave of regulations designed to prevent the flood that has already occurred, some of which are likely to trigger another crisis down the line. Until we can have a more rational, measured public discussion about what government and regulations can and should do vis-à-vis financial markets, we are unlikely to break the cycle.”

Alyssa, that is what they say. I’m not so sure. I think they really don’t know, and it scares the sh*t out of them. I think some other company swoops in and get a great deal on a company. Barclays did just that.

The lending qualification practices of Mortgage lenders needs to be reviewed. Also, the rating method of the mortgage bond derivatives sold by investment houses. For example, each bond was the note for 1,000 underlying mortgages. Some of said mortgages were stated income loans, and also some were subprime. However, these bonds got triple A risk ratings?????? Time to investigate matters, and to start seizing assets of certain filthy rich criminals. Vote McCain / Palin 2008

Ziggy , my wife was hired to get the “pink panther ” company sarbanes-oxley compliant, which deals with those issues. To be honest, It is so complex that the cfo’s don’t sleep at night when the quarterly reports are due

dave:
But isn’t that just the problem? Companies aren’t swooping in….? No liquidity. No one is lending SH*T to anyone or anything right now.

You need to check with a constitutional lawyer before you make statements. The President can remove the SEC Chair. He can’t remove him fron the Commission, but he can remove him as chair.

SOmeone needs to get McShame a chair, it is time for him to sit down and shut up.

Alyssa, I believe there are companies with money out there. Companies just like people have gotten real conservative in spending.

Obama promised the sun, the moon and the stars to left liberals and moderates alike. Since he is the rated the most liberal of Senators and Biden the third most liberal, does anyone think this guy will actually govern from the center? In April, he told Maria Bartiromo in Business Week interview that only people making less than 75K would see tax relief. Now it is suppossed to be 250K and less. Anyone want to make a guess which one may actually hold true if he is elected and has to pay for his expensive unnecessary social programs? He has not been supported by DailyKos, Move.On and George Soros to govern from the center. He will move far left to where his supporters are and will institute a wealth redistribution with the help of a Democratic Congress the likes of which we have not seen before. Of course if you elect him based on any moderate stance he may be talking now, it will be too late. He will bankrupt the US economy.

J. Wilson – I am a Democrat and, mind you, I would rather eat dirt than see McPalin voted into office, but I don’t think we need to bring up the Keating 5,seeing as how 4 of them were Democrats. I believe both parties are to blame for this mess, going back years. Legislation to reform the mortgage industry has been introduced by both parties over time, and yet nothing was done. Democrats should accept their share of the blame, but so should Republicans. The issue now is that we can no longer put this legislation off; something needs to be done NOW! In my opinion, the Obama/Biden ticket would be the one to do that but you obviously have your own opinion. Isn’t it great that we live in a country where we can voice our own thoughts/opinions without recrimination? Oh…wait a minute…I forgot about the FISA legislation that King George and his cronies have shoved through in the name of “national security”. I better sign off…never know who is monitoring my comments.

Independent realist – AMEN!

Obama Democrat state representative from Tennessee his Palin Hacker
Hillbuzz is reporting that
the guy who hacked into Palin’s emails was discovered today……let’s guess who this guy was supporting.
From Hillbuzz…..
Obama supporter Mike Kernell, Democrat state representative from Tennessee (and active member of Obama’s Tennessee campaign), confirmed his son David Kernell, student at University of Tennessee-Knoxville, hacked into Sarah Palin’s yahoo email account to help Obama’s struggling campaign.
Kernell hoped to find political information he could pass to the Obama camp, or anything he could embarrass Palin with by posting all over the Internet. It was his intent to neutralize Palin or force her off the ticket by finding damaging personal information that would win the election for Obama.

Obama is bought and paid for by Fanny-Freddy. Don’t expect any “change” there.

At least Kernell didn’t lie about it, McShame would have lied about it

It is a bit of a win win situation don’t you think? If Obama wins, great we move this country out of this mess. If McCain wins, I get to watch all the idiots who voted for him (just like they voted for Bush) loose their jobs, houses, retirement and health care. Don’t say we didn’t tell you so about Bush. If you want to make the same mistake screw yourselves again…I’m a doctor so…I won’t be losing my job!

At least he didn’t finish in the bottom 4 of his class like mCShame did

All those crooked lobbiest in prison will get him

If McCain were seriously making the U-turn in economic policy he is mouthing he would fire Phil Gramm — his own economic advisor. Senator Phil Gramm when chairman of the Senate Banking Committee was the author, principle sponsor and champion of the Gramm-Leach-Bliley Act (GLBA) that gutted all the regulations put in place after the Depression to prevent exactly what is happening now. Yes, others got on the GLBA bandwagon, but Gramm led the charge and drove the bandwagon. Gramm killed the regulations and sure enough the financial industry is now the path to a repeat of October, 1929. Anybody with any real smarts in economics would have expected that without having to repeat the mistakes of the 1920′s.
But John McCain isn’t firing Phil Gramm — because his promises to clean up the greedy grafters of Wall Street is just another example of the lies he’s willing to tell to get elected.
God help us if McCain gets elected. We would likely have Phil Gramm as Secretary of the Treasury or Fed Chair or … SEC chair.

Who knows where or if Obama placed, he refuses to release any transcripts, and nobody remembers him as being student. One thing we do know, McCain’s official United States Navy IQ is 135, genius is 140. Based on Obama’s performance (of late he uses a portable teleprompter in his wood podium stand), his is looming around the peak of the bell curve.

Dave:
I just don’t think “I believe” is gonna cut it right now.

If you’re hungry, the Democrats will feed you your own foot. Auto-cannibalization into 3rd world ghetto socialized United States.

Obama supporters are info for a rude awakening if he gets in. Pelosi, Reid, Obama- a trio the US cannot trust nor afford.

Democrat does not equal socialism any more than Republican equals fascism or does it

Imagine Obama with his CIVILIAN DOMESTIC slap-down secret police ARMY, FISA, FAIRNESS DOCTRINE to censor, INTERNET II, and look at his brownshirt tactics he uses now, HACKING, INTIMIDATION AND DEATH THREATS (the authors of ObamaNation and the New York Post author reporting on Obama’s TREASON have received numerous death threats).
YOU WILL NO LONGER RECOGNIZE AMERICA.
SAY FAREWELL TO YOUR FREEDOMS FOREVER.

Again another moron, the republicans have already started stripping you of your rights. They listen in on your phone calls, and they make you take your shoes off at the airport. If you protest they call you a terrorist and throw the patriot act at you.

I agree with Spiral 100%

Bush is just a sad unsharpened abandoned pencil. Now McLoser and Obama-llama are fighting like idiots on the mic. This whole process is vastly uneducated. You have this McLame saying he’ll fire anyone, Obama-rama is saying he’s going to tax the rich more. That’s f-ed up. Both of them are s###. But, Obama-mama does have charisma that McLameSameCame doesn’t. That’s about it.

The government has grown more under the republican rule than in any other time in history. Now lets talk about fiscal responsibility. 10 trillion in debt, record deficits. The I’ll tell you anything you want to hear party.

News of Economy first hit the news an year ago.That time Mcain rather than acknowledging it stood by Bush and declared that media is whining.He was trying to cover his weakness in knowledge of economy there and wanted the country to focus on national security which is his strong area.He made a big mistake there.He should have acknowledged the reality that economy was a failure and if he made all the shouts about firing cox and all wall street crooks at that time, people would have believed in him on his expertise in Economy.Now just 50 days heading to the election, all the shouts he is making will do more harm than good.As long as Economy tops the agenda, chances of Mcain getting elected is very very low especially with Palin in the ticket.

I disagree I actually think McCain in 2000 had a lot charisma. But McCain is completely losing it. Age? Pressure? Any way you try to reason it, it’s not good. I’m thinking his campaign advisors are really failing him OR his desire to win so badly is making him say/do the stupiest sh*t. Either way it’s bad and that’s the bottom line. I can’t elect that. They both have their crap to contend however Obama is even tempered and keeps his cool even if his campaign doesn’t always and that’s HUGE.

alyssa you are very right.Mcain of 2008 has changed by leaps and bounds.Most of his campaign advisors were all part of Karl Rove’s team for Bush and no surprise what they have to offer.Smears and negative ads in offense were all part of Bush Campaign which we are witnessing now.
Also someone puts it..Mcain 2008 looks very desperate and scared and he is so much in to pleasing the likes of core republicans like Rush Limbaugh and other Bush Aides.

LOl….Chris Dodd and Obama are the two type collectors of Freddie bribes, and the obamabots are blaming McCain? Bwahahahahahah…Wake up and smell the Coffee.

Obama,a thug-like attack on McCain about him having lobbyists on his team is such a major hypocrit!!! Tom Daschl and Axelrod are both involved politically inside the beltway. Well, the only credit I give to Obama camp is that he lies well. If you like a guy who goes to wrong places or associate with bad people as friends, then vote for him.

Sorry yodaxl7,
I cannot vote for another 4 yrs of..failed policies, high gas price, housing crisis, wall street melt down and trust a OLD McSame!! You go ahead with your blind vision of future!!
We want change!
OBAMA/BIDEN 08!! LEADERS OF NEW CENTURY!!

I am so amazed that all of you are fooled by Obama!! Have you not NOTICED how he uses the RACE card or the VICTIM card or DEFLECTION from his own realities to advance his own ambition!!! He has accepted more money from more lobbyists than anyone. From Fannie Mae, FReddie MAC, he was the 2nd most who accepted money and in the shortest amount of time. He is full of corruption. The point I was trying to make is that he makes people feel anxious, scared, and guilty. He is taking advantage of market going bad. He speaks of platitudes and repeat ideas that have been tossed among the experts, but no specific ideas! He thwart attention away from himself and blames others! He wants you to pay attention to his race, when no one was talking about it. Obama knows how to abuse his oratory power. The man does not care about us. He cares about attaining power. McCain is a disclipine military man who is a good politician. He cares about us. I don’t know hardly any bad military guy. Think about it!

John McCain unveiled a new TV ad this afternoon that tries to paint Democratic rival Barack Obama as so inexperienced on the economy that he has to listen to shady characters.
“Obama has no background in economics,” the announcer says.
“Who advises him? The Post says it’s Franklin Raines, for ‘advice on mortgage and housing policy,’ ” the announcer says, citing a Washington Post report this week.
“Shocking. Under Raines, Fannie Mae committed ‘extensive financial fraud,’ ” the announcer says, as another newspaper headline appears on screen. “Raines made millions. Fannie Mae collapsed.”
Raines, the head of Fannie Mae from 1998 to 2004, agreed in April to pay nearly $25 million in a settlement with the government in an accounting scandal.
“Taxpayers? Stuck with the bill,” the announcer continues, as an image of an elderly woman appears. “Barack Obama, bad advice, bad instincts. Not ready to lead.”
OBAMA HAS NOW TOSSED RAINES UNDER THE BUS, AND BOTH ARE TRYING TO HIDE THEIR RELATIONSHIP.

I think it’s a good idea for the Republicans to get another shot at the White House. It only makes sense to reelect the party who brought us the ideas and policies that led us to the current perfect storm of economic, foreign policy and national security debacles. I mean who better to fix it than them that broke it? Oh wait, that’s a bad idea.
You McCain supporters can stick your heads further into the sand (Fox News) and await further instructions on what to believe and how to justify your vote (lack of experience!… no, wait we’re change now!… she’s a cute moose hunter!). The rest of us will work hard to change things and continue to tally up the damage you cause as it occurs.

RE: BTW, Jesus was a community organizer,
Jesus didn’t go to terrorist for advice nor to the corrupt and powerful leaders to finance his Christian teachings and his love of his Father through his trek.
And Jesus didn’t teach hate or immorality. Jesus was always in support of life even when there were challenges one may face. Jesus brought true change not an empty vision of false promises.

Come 20 January 2009, as soon as Obama, is sworn in. Bush, will be on his jet heading for his new ranch in Paryguay, and snorting several lines of pure coke along the way..And sucking up some Jack Daniel’s..Juan McCain, will heading for a cancer chemo treatment facility in Arizona to see if his face is going to fall off. And the Bimbo, will be on a jet to Little Diomede Island, Alaska, so she can get a view of Russia..And she is skinning some thing back that is long and slender and she likes to suck on them it may be part of a Raindeer…

The 9-11 report was a fraud and the left wingers made sure they got their behinds on that final panel. The American people were lied to by these left wingers and they made sure for political purposes, the true blame didn’t lead straight at William Jefferson Clinton. History will record the truth.

After all these years, you think about 9-11 ( though, the media wipes it away). You think about all of the people that were killed and you put that idea in your mind along with what it’s like to be a person who cannot be strong to those who are evil and dangerous..follow that to the meaning of appeasment. Clinton.. Obama. Could he be firm? Would he react after the fact of possible destruction? The left have practically written the pages of 9-11 away. Why is that? Country would be united with reminders..what could it be that they are not angry with the terrorists, even on a day like today.

Biased much, you forgot about Raines the CEO of Fannie Mae, a democrat and Obama supproter. Where is the news on that? Ohh there isn’t any. Also Bush and Co. tried to regulate Fannie more in 2005 and were called rascist and against the poor, because more unqualified people would not be able to buy homes. Can you at least try and be a little more unbiased? Please.

McCain = too impulsive to be president

News FLASH….Bush is not going to fly to Florida tomorrow to help you rig the write in ballots and falling chads..He is going to stay in Washington, and help them re-arrange the deck chairs on the USS BUSH TITANIC.The ship that would never is going to go down like a big rock in a toilet on 20 January 2009..We can all pray he and McBush are at the helm when she goes under.Word has it Bush will have two TU*DS tucked in each pocket hoping that will help keep him afloat.I hope not..

McCain has no idea what is really going on with this country.
He changes his mind every day. It is scary. This is not the leader we need for our country now. He might be worse than BUSH.

This stupid idea of deregulation was pushed by the republicans for so long, it damaged the fabric of the economy. Unless some one with a clear understanding of the economy takes over, the crisis will rather deepen. McCain has no idea of what economics mean. Palin is more interested in denying health care for raped and incest victims. They do not have a clue about the economy.

Looks like you jumped a little to fast on that headline again boys yes Bush can fire the SEC Chief.
As for the deregulation well let’s give credit where credit is due.
Graham may have written the bill but there were two co authors who Obama Fails to mention.
Jim Leach Democrat from Ohio who was Chairman of the Banking Committee at the time and now one of Obamas Supporters.
Lauren Summers who was then Treasury Secretary in Bill Clintons administration and a Key Obama Advisor at this time.
Please remember that Phil Graham has not worked for the McCain campaign since July of this year.
Now let’s see the bill passed the Senate on a vote of 90 to 8
John Biden voted for it and he is presently running for Vice President with Obama.
In 2003 Bush tried to Reform the system. It made it through the House, but was killed in the Senate by the republicans because the Bill was so toothless from what it was supposed to be. Thanks to the Democrats the policies put forth by the White House were nowhere to be found in the bill the house signed it was practically a different proposal which would have done nothing.
I do believe it is the same tactic the Pelosi and her gang are using on the Energy bill in Congress at this moment. Great track record they have.
In 2003 a direct quote from Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. “These two entities–Fannie Mae and Freddie Mac–are not facing any kind of financial crisis.” the more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.
Next we can step up to May of 2006 when John McCain tried to warn Congress the following is from the Congressional Record.
http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190
Obama is also number two on the top recipients of campaign funds from Fannie Mae.
And for Obama’s lobbyist claims well he is not very forthcoming on how many are on his advisory staff.
Both candidates have former lobbyist on their staff.
As for Obama not taking lobbyist money well you might want to check out this slight of hand.
http://www.portfolio.com/views/columns/washington/2008/09/18/Obamas-Fundraising-Tactics#page2
Obama can not claim dementia it would have to be out right omission and twisting of facts.
The number one reason not to vote for Obama A TOTAL LACK OF EHICS.
How is that for the other side of the story?

I see the comments contain the usual spam about “socialism” and democrats.
I hope folks realize that the one state that is BY FAR the most socialistic in our country is Alaska.
Palin’s supposed 80% popularity in Alaska represents the PEAK of her positive ratings that came just after Ms Palin decided to put a windfall profits tax onto the oil companies and send huge increased rebate checks to each and every Alaskan (including all children in every family).
Palin bought her popularity on the backs of Americans paying obscene gas prices by pushing socialistic policies redistributing private profits to the masses.

Not only can a President be impeached but a US Senator can be impeached also. There is a petition to impeach Obama as an Illionois Senator. It makes very interesting reading and you can sign the petition.
http://www.ipetitions.com/petition/obamaimpeachment?e
I can only encourage everyone to read this petition as it makes interesting reading. I hope many will join with me in signing the petition.
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.
++++++++++++++++++++++++++++++++
I find this statement at the end of the petition to be interesting because now we see Obama act with treason in trying to get Iraq to go against American interests. Now I see that back in 2006 he did Treason by encouraging people to oppose a US ally. This guy is a loose cannon. Dangerous. Anti American. He should have to face the law.
We see young kids smoke a mj cigarette get throw in jail and Obama is a traitor to the USA a Benedict Arnold and no one pays attention. Why does not the US Attn General do something to stop this guy from Treason. He should be arrested prosecuted to the full extent of the law and be put into jail to serve his time for his crimes.

Lol…how is McCain being blame…he sponsored regulation to put controlls of freddie and Fannie and the democrate Senators fought the bill. Thank-you Demmies or should I say Obama dummies?

I continue to be amazed by the polarization of these comments. Here is some simple reality. (and I will use real history)
I will be happy to vote Republican when I agree with them and when they do things right. To me, this election is not just about change, but about accountability. Remember Carter? Voted out in 1980. And why? Because UNDER HIS WATCH, the US fell into a pit economically and on the world scene. Whatever feelings you have about him personally, his term was not effective. The voters held him accountable, and a new admin was voted in. We are going to see the same thing in ’08 I think. The GOP is McCains party, and as a deregulator, his fundamental philosophy contributed in a direct way to the current economic mess we find ourselves in.
The GOP is fond of demonizing anything that disagrees with their agenda. I personally think it cynical on their part to use the “social” issues of the day as a way to drive their base out in ’00 and ’04, only to do nothing of what they promised the extreme right. They have turned into a party that uses divisive wedge issues as opposed to talking about anything concrete during elections.
Now they want a reward: 4 more years.
I am a moderate. I strongly disagree with Social Conservatives. Why is the GOP been more concerned with legislating what “marriage” should be defined as instead of paying attention to the deregulated econonmy they helped create? A constitutional ammendment on what constitutes good credit 4 years ago would have been far more helpful. But the Bush Admin was barely aware of the rot they created in this economy. Deficit spending and trickle down is biting the GOP hard right now.
The only way a major political party reinvents itself is when they are not in power. It does create a place where they can take the pulse and move to a more centralized place. The Dems aren’t perfect, and they won’t always have my vote, but they do this year. Obama and the Dems are the best chance this time around to fix this mess. Firing the SEC Chairman? Thats reaching for straws….

If you spend 3 years as a brilliant community organizer, become the first black President of the Harvard Law Review, create a voter registration drive that registers 150,000 new voters, spend 12 years as a Constitutional Law professor, spend 8 years as a State Senator representing a district with over 750,000 people, become chairman of the state Senate’s Health and Human Services committee, spend 4 years in the United States Senate representing a state of 13 million people while sponsoring 131 bills and serving on the Foreign Affairs, Envi ronment and Public Works and Veteran’s Affairs committees, you don’t have any real leadership experience.
If your total resume is: local weather girl, 4 years on the city council and 6 years as the mayor of a town with less than 7,000 people, 20 months as the governor of a state with only 650,000 people, then you’re qualified to become the country’s second highest ranking executive.

It was the 1999 Gramm-Leach-Bliley Act that repealed the 1933 Glass-Steagall Act and thus eliminated the depression-era walls between between banking, investment, and insurance that made this crisis possible. Glass-Stegall erected walls between banking, investment management, and insurance, so problems in one sector could not spill over into the others, which is precisely what is happening now. The primary author of the Gramm-Leach-Bliley Act was none other than McCain’s economic advisor, former senator Phil Gramm (who thinks the country is in a “mental recession”). McCain fully supported the bill and has a decades-long track record of opposing government regulation of the financial industry.
http://www.electoral-vote.com/evp2008/Pres/Maps/Sep17.html

Barack Obama simply does not understand American capitalism. John McCain does. Barack Obama has spent his entire adult life marinating himself in economic defeatism and elitism. John McCain has made decisions; Barack Obama has avoided deciding.
McCain understands the power of American capitalism. Obama disdains it.
For Obama to say we face the worst economy since 1929 is despicable and ridiculous. Only his mainstream media chorale would echo such self-defeatism. In 1932 there was 25% unemployment. Today unemployment is 6%. In 1929, stockbrokers were selling apples on the street. Today immigrants run fruit stands on the street. Year-round. Then, people jumped out of windows. Has anyone jumped out of a window in the last week?
Obama accuses McCain of being stupid on the economy because McCain once made a stupid offhanded remark and said he didn’t understand the economy very well.
Here are the facts:
America’s economy is owned by the American people. (A tip of the hat to Ross Perot for his “ownership” mantra). We worked for it, we built it and we own it. We welcome foreign investors, and indeed they are good for us. But, ultimately, our economy is ours.
Second, as both Obama and McCain recognize, we face challenging times. “The City” in London is a strong challenger for Wall Street’s primacy in financial matters. Foreign manufacturers have come to the United States and produced better products at lower costs. China, India and the Middle East are accumulating wealth and want heightened respect commensurate with the growing strength of their economies. They are a challenge.
And both Democrats and Republicans-the mandarin class that despises John McCain and that he in turn disdains–have done nothing to create energy independence through a massive “Manhattan Project”-style national effort. A primitive economy created the atom bomb in three years (1942-45). In over thirty years (1973-2008) we have been unable to solve our detrimental dependence on imported oil. Who votes for these losers? A show of hands, please.
The solutions to all of our challenges today require two essential components: a leader who will make decisions, and a leadership team that is not afraid to take decisive, not to say brutal, action. The power of American capitalism that makes us the wealthiest nation in history is our willingness to bring the malefactors of great wealth into the abattoir, and dismember them. Yes, there is blood on the floor. But at the end of the day the blood will be washed away and tomorrow morning America will reopen for business with a clean balance sheet. The bad assets will have been “marked to market” and sent away to the rendering plant.
Twenty years ago Japan faced a property bubble not unlike our current problems. Simultaneously we faced a 1980’s savings and loan crisis brought on by bad lending practices and corruption. The American people authorized their government to chop away at the bad assets. In a few years the Resolution Trust Company (”RTC”) was out of business, the bad assets having been recovered and restored. Property values began to rise again and we launched on a new boom. In Japan, by comparison, economic leaders were afraid to take decisive action and the lingering effects of the bust went on for over a decade.
Today, the world economy faces similar challenges. The property bubble does not exist only in Florida and Nevada; there are similar booms and bubbles across the globe, from China to Europe and in between. The world economy is slowing, partly because of financial excesses and partly because of an unexpected oil price spike. But many foreign leaders and foreign economic managers will be reluctant to take immediate, decisive, brutal action. Welcome to Wall Street.
I have been critical of the way the so-called “sub-prime” mortgage situation was handled beginning last year and, frankly, I believe that government made a tolerable situation intolerably worse. We are still paying the price for the poor forward thinking that triggered a “crisis” out of the sub-prime “challenge.”
But when people blunder on Wall Street, the American people’s “terrible swift sword,” Samurai-style, falls on them. Lehman Brothers? The firm now belongs to history. In weeks the bankruptcy lawyers will be tearing apart the few remaining bones. A judge will supervise the dismemberment. It will be a quick slice and dice operation. Lehman will not linger. The firm will have been cut up and devoured by the survivors. No taxpayer dollars involved.
Merrill Lynch. I feel the sale to Bank of America is a bad one. But I am not confident of being able to stop the acquisition, although I will try. Merrill Lynch was mismanaged. Someone new will get a chance to make mistakes. No taxpayer dollars involved.
American International Group (AIG)? This firm was indeed “too large to fail,” and so it was taken over by the government. Uh, that means us. But we took 80% of the company’s stock in return. That’s no incentive for a business to ask for a government bail-out.
Fannie Mae and Freddie Mac? Fannie/Freddie’s greedy managers and influence peddlers? Toast. Mortgage lending? The market will return after the bad assets are “marked to market.” Distressed assets provide a lucrative opportunity today for patient investors willing to risk their capital. That’s the American way. Mark to market, and move on.
Now please don’t get me wrong. I do not encourage or endorse weekend deal making as the preferred approach to running the economy. But I do wholeheartedly support decision-making.
And I do not support selling short the American people or their collective economic wealth which we call “the economy.” When Obama says we are in a mess, he only reflects his own confusion and impotence, not our own. Tomorrow morning, most of us will get up and go to work, 94% of us. Lehman, Merrill, AIG? Done and gone. It’s sad, and I’m sorry, but they took risks, and they paid for their errors and excesses. The abattoir works. The floors will be clean in the morning.
I do not minimize the challenges of unemployment or economic risks. If you are without a job, the unemployment rate is not 6%, it is 100%. But our economy is absorbing workers even as Wall Street deal minders are seeking new horizons.
Obama? Frankly, I don’t think he likes us very much, even though he would very much like to rule us.
McCain? He is one of us. When decisions have to be made, he will make them. But he will do with a consistent attitude: confidence in the American people and faith in their productivity and industry.
Is our economy fundamentally sound as John McCain suggests? Well, let me answer a question with a question: are the American people fundamentally sound?
Do you want to invest in a man who believes in the fundamental soundness of the American people, or invest in a man who has spent his life depreciating America and all we stand for? This time, it’s not “You the judge.” It’s, “You be the investor.”
Whom do you trust with your money? McCain or Obama?
Invest wisely. It’s your economy. A nd your future.
Now decide.
For me it is Mccain/Palin and a no vote just helps Obama

Donald Trump is a game changer??? LOL
You mean the same guy who had to filed bankruptcy?? Him?? I’m glad he’s a McCain supporter because losers usually stick with losers.
And just what economic genius is endorsing Obama? Warren Buffet….that’s who!!
Keep your Republican heads in the sand….we like kicking your exposed ass.

Bravo “Dem no More” I agree with you. Obama just plain scares the hell out of me.

To Traci and Emma,
The air-headed dimwits and I literally mean air-headed becuase you two have no brain. Like your presidential candidates you are full of nonsense and lies. Comparing Obama to Hitler is a disgrace. For some reason I have the feeling you two are related to Bush and McCain. Word of advice for you two idiots, go to the news stand and get a actual newspaper and read the about the economy. See what McCain’s grandson Bush did to the nation.

McKeating and Palingate scare me even more!

I wish the president could fire the SEC Commissioner. This guy has put the US in a financial crisis.

mccain said he would fire the sec commish again late yesterday afternoon at a ticket only rally in green bay

Blah Blah! San Demas High School Football Rules!
Just wanted to contribute something a little more useful to this discussion than any of the previous posts.

“Heck of a job, Coxie!”

I can haz cheesecake for stupid man wurld? filthyrichmond.com

WRONG AGAIN OBAMA SURROGATE!!!

The Repbulicans’ favorite statistic for years was the rising rate of home ownership. That was their counter to growing income inequality and job loss, and their excuse for not having a housing policy other than…encouraging home ownership. Now that’s blown up in their faces, and they want to blame the poor and the liberals for the mess they encouraged.

For an insightful, well-researched view on McCain, I recommend to all a piece by Elizabeth Drew in Politico, September 17/08. Ms. Drew, who previously wrote a complimentary book about Sen. McCain (Citizen McCain, Simon & Schuster, 2002), now makes a stinging indictment of him. She writes, among others: “McCain”s recent conduct of his campaign”his willingness to lie repeatedly (including his acceptance speech) and to play Russian roulette with the vice-presidency, in order to fulfill his long-held ambition”has transformed earlier and growing sense that John McCain is not a principled man. In fact, it is not clear who he is.” On McCain”s surge politics, she writes: “In making a big issue of having backed the surge (and simplifying the reasons for its apparent success), he preempts debate on the very idea of the war. He has talked (and sung) loosely about attacking Iran. More recently, he oversimplified this summer”s events in Georgia and made intemperate remarks about Russia, about which he”s been more belligerent than the administration for some time. (He has his own set of neocons.).” Furthermore, She writes that there is “a disturbingly erratic side of McCain”s nature. There”s a certain lack of seriousness in him. And he does not appear to be a reflective man, or very interested in domestic issues. One cannot imagine him ruminating late into the night about, say, how to educate and train Americans for the new global and technological challenges.”

Here is another John McCain Flub.
In today’s speech (9/19/2008) he said the fed should return to managing the purchasing power of the dollar.
What that means is he wants to strengthen the value of the dollar.
However, the one factor that is keeping our growth numbers from clearly showing recession – the one bright spot in our economy – is that exports are up.
When our dollar is weak, our products are cheaper to people around the world, and we export more.
So, if we had a strong dollar right now, as McCain proposes, we would extinguish the one strong area in our economy.
Sincerely,
Benjamin Feinblum
ps. I am independent, have voted both Republican and Democrat and am very specific on who I support. I have also met and spoken at length with John McCain in the past. I like the man, this is a disagreement of approach.

Economist and Stateman LaRouche Outlines Four Necessary Steps to Worldwide Economic Crisis——September 12, 2008 (LPAC)%u2013In discussions yesterday, Lyndon LaRouche emphasized that the actual breakdown which he had forecast on July 25, 2007 has already occurred, and as of now, there will be no return to the system that existed prior to September 2008. Only a new design of a system echoing the intentions of Franklin Roosevelt at the 1944 Bretton Woods conference could rescue the world’s physical economy under present, post-August 2008 conditions.
To this end, LaRouche specified four necessary steps:
Step #1: Put the present international monetary system into bankruptcy reorganization. Step #2: Create a new system, a credit system, rather than a monetary system, in the form of an appropriately modern version of President Franklin Roosevelt’s intention for a Bretton Woods system. Step #3: Organize the new system on the basis of an extended form of the 1648 Peace of Westphalia system, rather than a conflict-system. The IMF must be replaced by a treaty organization among participating sovereign nation-states with complementary long-term economic missions of scientific and related progress per-capita and per-square kilometer of territory. Step #4: Define a common, long-term mission-orientation of two or more generations’ span for increase of the productive powers of labor among nations generally.

Economist and Stateman LaRouche Outlines Four Necessary Steps to Worldwide Economic Crisis——September 12, 2008 (LPAC)%u2013In discussions yesterday, Lyndon LaRouche emphasized that the actual breakdown which he had forecast on July 25, 2007 has already occurred, and as of now, there will be no return to the system that existed prior to September 2008. Only a new design of a system echoing the intentions of Franklin Roosevelt at the 1944 Bretton Woods conference could rescue the world’s physical economy under present, post-August 2008 conditions.
To this end, LaRouche specified four necessary steps:
Step #1: Put the present international monetary system into bankruptcy reorganization. Step #2: Create a new system, a credit system, rather than a monetary system, in the form of an appropriately modern version of President Franklin Roosevelt’s intention for a Bretton Woods system. Step #3: Organize the new system on the basis of an extended form of the 1648 Peace of Westphalia system, rather than a conflict-system. The IMF must be replaced by a treaty organization among participating sovereign nation-states with complementary long-term economic missions of scientific and related progress per-capita and per-square kilometer of territory. Step #4: Define a common, long-term mission-orientation of two or more generations’ span for increase of the productive powers of labor among nations generally.

Economist and Stateman LaRouche Outlines Four Necessary Steps to Worldwide Economic Crisis——September 12, 2008 (LPAC)%u2013In discussions yesterday, Lyndon LaRouche emphasized that the actual breakdown which he had forecast on July 25, 2007 has already occurred, and as of now, there will be no return to the system that existed prior to September 2008. Only a new design of a system echoing the intentions of Franklin Roosevelt at the 1944 Bretton Woods conference could rescue the world’s physical economy under present, post-August 2008 conditions.
To this end, LaRouche specified four necessary steps:
Step #1: Put the present international monetary system into bankruptcy reorganization. Step #2: Create a new system, a credit system, rather than a monetary system, in the form of an appropriately modern version of President Franklin Roosevelt’s intention for a Bretton Woods system. Step #3: Organize the new system on the basis of an extended form of the 1648 Peace of Westphalia system, rather than a conflict-system. The IMF must be replaced by a treaty organization among participating sovereign nation-states with complementary long-term economic missions of scientific and related progress per-capita and per-square kilometer of territory. Step #4: Define a common, long-term mission-orientation of two or more generations’ span for increase of the productive powers of labor among nations generally.

If the thought of a McCain presidency scares the Wall Street Journal, what do you suppose they think of a Palin presidency? McCain is in his 70s and has had four bouts with cancer. 8 years of Junior Bush’s administration have left the whole economy and our military looking like they were hit by Katrina. On one hand we have the bottom one percentile in his graduating class, and on the other we have a JD Magna Cum Laude from Harvard. Which do you expect to understand complicated issues such as our current economic catastrophe? Even the loyalist Republican WSJ can’t stomach McCain.

It’s just the latest edition of McCain’s Fifty Flubs in Fifty Days Tour.

Here‘s a News Alert. McCain and Palin could not buy the Truth. They are such liars. It amazes me that there are people who are still supporting them when McCain showed his lack of having a clue with the Economy and with Foreign Policy. McCain and Gramm for the past 26 years have torn down regulation. McCain is known as the Deregulation Senior. Now Wall Street and the failure of a 158 year old banking institution, first he didn’t recognize it with the stupid comment about the Economy being fundamentally sound. Then after the World recognized the seriousness and comments by Mr. Greenspan that this is the economic crisis of the century, and after a night’s sleep, McCain woke up with a revelation. He then said we are in an economic crisis. Ya think ???? He said let’s get a 9/11 commission. Then he said let’s fire the president’s SEC Chair, until he found out that even if He was the president and not Bush, he would not have that authority. Then he said he would fire the FEC Chair which makes absolutely no sense. Then he blamed it on Obama which is stupid and then he tried to attach Obama to Fannie Mae by lying, when the truth is his own Campaign Manager is a Fannie Mae lobbyist and he has actually 19 total Fannie Mae lobbyist currently.

McCain does not know the difference between Spain and Mexico. Spain is our Nato Allies and they are currently fighting right next to us in Afghanistan. McCain in an interview did not know Spain’s prime minister and got the man confused with Mexico. The interviewer told him she was speaking of Spain in Europe. Then when asked for a response of McCain’s gaffe from his campaign. They said that McCain did not make a mistake and called Spain one of America’s adversaries. What????? This is crazy???? They are one of our Nato allies. What is he doing ???? He doesn’t know the difference between Shia and Sunni and he doesn’t know where Pakistan and Afghanistan is located. He is making so many crazy mistakes. Whether he knew the truth and forgot or never knew the truth at all about any of these Foreign policy gaffes, McCain is not what we need. It is not funny. It is scary. Obama/Biden 2008.

The intellectual problem with short selling is they manipulate the markets without having anything at stake. They buy all these things they never pay for, causing the price to rise. Then they dump all the things they never paid for at the higher price, thus profiting on the difference. I’m not saying it’s wrong, just that it’s a problem.

McCain’s Campaign has lost everything they said they were fighting for.
Patriotism, Truthfulness, Civil Rights, Sovereignity, Country, Family Values.
They have flooded our Contituency and Media with their Straight Talk….. LIES, LIES , and more LIES!!!!…….and they still believe they are putting Country Fiirst ???
My “Shoe” !!!
They are blaming Obama of everything the Republican Party is responsible of.
McCain has become the “Transformer Network”, Blame the Dems ( and the “Old Boys Network” ) of everything that’s going wrong !
So Good Lil Ol’ Mr Mac is NOT an INSIDER when this doesnt favor him (After 26 years of “Old Boys Network” in the Senate ??!!!) Mr Mac is an OUTSIDER Liberal, fighting the Status Quo when this favors him !!!
And then Mr Mac accuses Obama of being too Liberal !!! Before accusing Obama of being responsible of the Economic Disater we are in, that happened during Bush’s Clock which McCAin supported almost 100% this las year, before accusing Obama of being not experienced enough of having any significance in the Senate.
Mr McCain has changed positions so many times, that maybe this is the reazon why he always appears completely confused, clueless of what his real position….. is.
So Mr McCain, what is your position ???
You’ve defined yourself as :
SEMI – CONSERVATIVE BUT FIGHTING THE STATUS QUO,
SEMI-LIBERAL AND SORROUNDING YOURSELF W/PLAIN LOBBYESTS, TRANSFORMER BUT VOTING 100% FOR BUSH POLICIES,
A REAL MAVERICK BUT FLOODING US WITH OBNOXIOUS LIES !!!
So what else can we expect from you Mr McCain ?
WHEN EVERYTHING IS LOST, DECEPTION IS THE ONLY THING HE’S LEFT WITH ???

By the way, why should Barack Hussein Obama be ashamed of his name? Anyone can use my full name. Why doesn’t he change it if he doesn’t like it. Maybe he is playing the race card.

I will have to check out your other blog posts.