No One in the Paint, Obama has the Ball

Obama will once again try to exploit people who are worried. Just like he exploited those fears to defeat Hillary Clinton.
But the fact of the matter is, NOTHING Obama has said, no plans he has put forward, would benefit the economy.
Taxing the rich at extreme levels won’t work. They’ll just redirect their income and your revenue will go down.
Increasing capital gains tax actually DECREASES capital gains revenue.
Anyone who knows anything about economics knows that Obama has no real solution here. He will just point the finger and hope it catches.

Susan,
How is McCain to blame for this?
And what has Barack Obama done to prevent it? Nothing.
Get real. Look at the stock market. Obama’s rise above Hillary coincides with the markets dropping off. Everyone knows that the economic policies put forward by Obama – capital gains up to 28% – will kill the economy. For Obama, as he says, it’s a matter of “justice”. Oh really, let me know how that works out for you when you send the country into a depression.
28% capital gains tax. What a fool

Unfortunately, McCain says he doesn’t know much about the economy.

Obama knows squat about Wall Street or anything else to do with the economy. His advisers will have to tell him what to say and do. They, also, know nothing about the economy or they would have provided Oduma with a definite plan to control inflation, bolster the credit/housing markets and a way to DECREASE taxes on Americans. But so far they haven’t been able to do that.
Oduma cheated his way through Harvard and now it’s payback time. His head is as empty as his suit.

JA…what is your solution? A least Obama has a clue as to what is going on. McCain is clueless.
And BTW, Hillary lost her race all on her own. She underestimated the Obama team and his power in caucuses. Plus, Bill was NOT an asset.

Can we afford 4 more years of the last 8?
That is Obama’s best argument.

PAP…wait just a minute. YOu said Obama cheated his way??? Maybe that is why he got all those scholarships and was a Rhodes scholar, huh? Are you jealous?
Let’s compare: Bush has a C-D average and got into Harvard by dad dealing. McCain graduated 2nd from the bottom of his class and crashed 3 bombers are about 1 million a peice before he was shot down.

Sandra…Obama has and is still answering that questions. All McBush can say it that we are whinner and there is nothing wrong….

Republicans philosophy of Fear and Greed have hit Wall Street

Lehmann Brothers is liquidating; Merrill is in a last minute buy-out, AIG and Washington Mutual are on the rocks and McCain’s advisor, Donald Luskin, has an insightful editorial in yesterday’s Washington Post stating “things today just aren’t that bad” – Love the name of the editorial ‘Quit Doling out that Bad Economy Line”.
Obama/Biden ’08

JA,
I guess you’re a superior economist yourself. Even Alan Greenspan came out and said that McCain’s economic policy would be disastrous – cutting earmarks would just be a drop in the bucket in paying for the McCain tax cuts. Do you not have children or grandchildren? Do you not realize the strangling debt we are saddling the next generation with to pay for these cuts? With the failure of Lehman and Merrill Lynch, it is clear that deregulation and trickle down are FAILED POLICIES. What did McCain do to prevent this? Nothing!But of course, as he primary economic advisor Phil Gramm stated recently, this problem economy is just a mental depression in the minds of a nation of whiners. Try telling that to the tens of thousands who lost their jobs this weekend, and the inevitable fallout from the intertwined credit deriviatives on Wall Street. The failures have not stopped yet.

JA:
“Anyone who knows anything about economics”
You mean people like Alan Greenspan who has just criticized McCain’s irresponsible taxcuts for the wealthy few?
This is a serious crisis. More of the same will not solve it.

tom 8:27:24 Unfortunately Obama knows even less…he just repeats others. Please look at Illinois. All he knows is other politicians covering for him.

Sandra – Obama has been crystal clear.

I really get a kick out of the Obama mentality in this election. All the “McBush, McSame, and 4 more of the same” comments are obviously not working with the independent voters and the key swing voters. This type of campaign is entirely negative, and Obama himself said he would not run this type campaign. Why are the Democrats so fixated on this message, instead of proposing their own ideas to better our country. Could it be that they really don’t have a clue?

JRS,
Why? Because the Dems have NO ideas. They are hoping to gain control of government opportunistically, not because of any kind of vision.
Well, unless by “vision” you count taxing up the hoo-haa, growing govt, and hoping that that somehow works.
Once again, anyone who knows ANYTHING about economics knows that growing the govt and taxing is NOT an economic solution.

All Obama needs to do is tell the truth and point out that the man that helped write McCain’s economic policy is a key reason for these problems right now. Phil Graham, “The nation of whiners” guy. He was the one who wrote the policies that deregulated the banking industry.
Thanks, Phil.

you obviously don’t know a lot about economics and you are the guy that they keep fooling…
if you saw the numbers we are paying as a nation for healthcare subsidies and how the bills of the unfortunate are heaped on everyone else and exponentially higher because they can’t go to the doctor before it gets overwhelmingly worse…
you would understand there is a way that we can adn have to do to bring it under control with universal healthcare.
it’s not just about caring for the poor …
it’s about the market doesn’t work with a society and issues that get worse if they are ignored and come back to ultimately bite the market in the ###.
the healthcare issue has 3 things we need to take care of first and I have heard obama talk or atleat touch on all of these…
1. Medical Billing is out of control…and yes Medicare is the worst bureaucracy…but that is because of the insurance companies , denials and red tape that has gone with this out of control free market that has gotten overwhelmingly messy…
2. An out of control medical malpractice situation. People need to start to realize that their is redundancy overwhelmingly in these lawsuits…and they don’t ultimately hurt the doctor or the hospital who may have made a mistake…they hurt us…because those lawsuits get passed on to us. Rewards should be for the pain and suffering…but not to “hurt” or send signals” to companies who don’t end up paying the reward…the insurance companies do…then up the charge on the hospitals and dr.’s which get passed on to you.
3.a shortage of family docs and nurses. and this is about to get a thousand times worse…
It is about cost first… that will get us closer.
and the market …it now has proven…isn’t working to curb that.

What m0ron just said that Universal Health Care will actually help the economy????

JRS, when the Republicans go negative Obama has to go negative too. John Kerry did not and he lost simply because he did not. Negative ads work on Americans and the Republicans are much better at negative ads, spin and lies than the democrats ..that is what got George Bush in office twice.. because most Americans are politically illiterate..they don’t read nonpartisan literature nor do they listen to C-Span which is non partisan and tells the truth when either candidate stretches it..they depend on Rush Limbaugh and Sean Hannity and partisan Radio and Tv jocks(both democrat and Republican) for news. You ask the typical American who flew those planes into the twin towers of my home state and they’ll tell you Iraquis..these are the people who are going to vote by the majority.

Steven Mather,
I think Obama is the one calling for more regulation so this gets reigned back in. McCains first speech (probably on You tube somewhere) about the foreclosure crisis was, essentially, “you’re on your own”. It was rather surprising to hear him say that, but he did.

DL,
Ok. So tell us of these detailed plans.
Other than Obama’s 28% capital gains tax – the most m0ronic idea to date – he’s pretty skimpy on details and full of empty promises.

Steven Mather
Mccain’s economic guy …gramm
was the champion and shepherd of deregulation in the banking sector…
the guy who wrote the enron loophole…shepherded and lobbied for deregulation for predatory lending practices…he got 750,000 just in 2007 alone for those lobbying efforts.
this is the guy who WROTE Mccain’s platform and is numero uno on the list to run his treasury…
yeah one ticket is clearly not beholden to
but actually is the deregulation lobby that got us in this.

Craig,
McCain meant that it’s not the government’s job to bail out people. Which it isn’t.
You misrepresented his comment.

Obama needs to explain things in a simple and clear way so that the busy housewife can understand easily.
Obama must focus on clarity ofhis message.
Mccain might have been a maverick sometimes in the past BUT NOT ANYMORE. He has sold his integrity to the extreme right for votes — he has adopted most of Bush’es major plans which caters to the extreme right — he has taken Ms. Palin ( a representative of the extreme right ) as his running mate. Ms Palin dos’nt represent the policies that the majority of women are hoping/fighting for — the right to choose, better wages, better health care, their children’s education and jobs — the future of the environment for their children and grand children.
The Mccain/palin, extreme right ticket promises to be a repeat of the last 8 years as managed by Bush and the extreme right . I believe in God and his great power but history has shown that miracles are’nt an everyday occurrence. What history has shown is that whenever we do things that benefit the general public, there is a wider sense of contentment. Lets do the things that are good for all!!

DL,
Why don’t you tell me of these plans???

Adam – Have you heard about Phil Gramm? McCain’s top economic advisor? Responsible for the Enron Loophole? He is/was the general co-chairman of John McCain’s presidential campaign, former Sen. Phil Gramm, led the charge in 1999 to repeal a Depression-era banking regulation law. Click on the front pages of all the newssites and get your result.
Obama/Biden ’08

JA You said “Obama is as smart a manager as you get.
He picks people for their brains”
If he is so smart why did he pick Trinity Church of Christ to attend for over 20 years and such close acquaintances as Reve Wright, Reve Pfleger, Louis Farrakhan, Tony Rexko, William Ayers, and a passail of Arab connections? Still intelligent?

JPJgamas
I put up that statement
and now that you are trying to smear…like you did in 2004 and like Bush tries to distract with as he talks about wmd, missions accomplished, has closed door energy meetings, has Gonzales erunning around calling the press elitists and pointing fingers at “liberals” and cover ups and lobbyists writing policy…all the other crap we already see in the Mccain campaign…
go read the issues
and look at Obama’s chioices to help him lead…and mcCain’s.

JB:
Social Security ann Medicare are the best working programs there are. They do what they were meant to do. The republicans again want to misdirect..the real pig in the budget i the god forsaken war ( and wars..McCain tells us) that has us in debt to foriegn countries, our dollar tanking, and inflation will surely raise its ugly head. The chickens of the republican administration are coming home to roost, and it is from the republican watch of FAILURE after FAILURE. Now you would like to compund your history FAILURE by agttacking good programs that work.
Welfare? Tapayers are giving WALL STREET welfare.
Fannie, freddie, count the failing banks and investment houses, all being paid WELFARE by us, the taxpayers.
Republicans should be run out of town on the next bus.

Obama should forget about the polls and focus on getting his message out. There are too many problems that have to be resolved and the GOP will not do it.
Bush had 8 years and we are 5 trillion dollars deeper in the hole. The state of infrastructure in cities sucks. Come on folks do not believe that Mcain is going to be any better. The dude is 72 years old — pressing health problems will occupy a lot of his thinking time.
You cannot brush aside illness even if he is a multimillionaire.

Senators John McCain and Barack Obama have presented very different plans to reform health care in the United States. The Urban Institute/Brookings Institution Tax Policy Center (TPC) provided what appears to be the first evaluation of each plan’s effect on costs and coverage outcomes.
1 While the TPC findings are preliminary, there is a wealth of information contained in them; some of their implications, however, may not be immediately apparent even to those relatively well-versed in the U.S. health care debates. The punch lines of the TPC analysis can be stated relatively simply:
Efficiency. Over the 10-year period analyzed by the TPC, Senator Obama’s plan provides far greater “bang-for-the-buck,” spending far less per capita for its coverage of the uninsured population.
Cost. The costs of the plans over the 10-year period are in the same ballpark: the Obama plan costs roughly $1.6 trillion, while the McCain plan costs $1.3 trillion (the Obama plan spends roughly 20% more than McCain’s)
Coverage. The Obama plan makes a much bigger dent in covering the uninsured population. On average over the 10-year period, the Obama plan covers over 47% of the forecasted uninsured population, while the McCain plan covers less than 5%

“The economy is shoewing signs of improvement”
John McCain- June 2008
Really? Where? Oil comapnies are still seeing record profits. And I guess defense contractors are still raking it in.
Apparently, THAT is what McCain calls “improvement”

Under Obama’s tax plan, 85% of Americans will pay LOWER taxes.
Under McCains newly found love for tax cuts for the wealthy, 85% of Americans get to foot the bill for the top 10% of wealtiest Americans.
Who is REALLY reforming the way our government works? One guy is keeping the staus quo, the other is creating a government for the MAJORITY of people.
We’ll take the SMART guys over “maverick” and “moose hunter”.

Obama’s economic philosophy…Cook county Sales taxes : THE HIGHEST IN THE NATION: 10.25% basic sales tax, plus: Car rentals in the city are taxed at 20%. Hotel rooms are taxed at 15.4%. Soft drinks (packs, cases, or individual bottles) are taxed at 13.25%. In October 2007, a 10 cent per-bottle tax was proposed for bottled water as a potential source of additional revenue to help balance government budget deficits.
No handguns allowed but skyrocketing murder rate.

I’m an Independent, and there’s no way I’m voting for Obama. How would he manage the economy–probably like his asbestos removal project from his “community organizer” days that left a blighted development in even worse shape or like his days on the Woods Fund giving 160M dollars away to school in Chicago, with 0 to show for it. Or maybe like his 500M campaign that still hasn’t established a brand and is losing in the polls in a Democratic election. Voted straight party line 97% of the time. In the sack with the corrupt Illinois political machine. You think Washington’s bad–look at Illinois.
Obama–CHANGE YOU CAN’T AFFORD!

Obamabots need to wake up and smell the coffee: The Obamas are millionaires; belong to the corrupt Chicago machine which is how he worked the system and manipulated his way from neighborhood organizer to U.S. Sen.; have proven socialist leanings; check out their connections to Public Allies in Chicago; Joe Rezko; Hasn’t accomplished any significant legislative measure in either the State Sen. or U.S. sen. Since being in the U.S. Sen, has spent most of his time campaigning and fighting with Hillary and Bill. O’Reilly made him so uneasy…thought Obama was going to fall off his chair, he was so nervous and leaning forward in his chair…..an empty suit…Vote for McCain-Palin!

I’m voting Republican because Government should relax regulation of Big Business, Big Money, Big Banks, but leave those citizens impacted by the deregulation to completely fend for themselves.

Our economy is so good even the Mexican Peso is worth more today than ever. Thank you Bush/McCain & Company go Obama.

It is very pathetic when two grown people go on TV and stand before us and lie over and over even when confronted with the truth, they insist they aren’t lying. McCain/Palin are two peas in a pod and lying is what they are about.

What you hear rattling in your pocket is the left over chasnge from your economic stimulus check which was borrowed money from China.

More failing banks and investment firms, foreclosures at an all time high, unemployment yet Dictator Bush and his little “mini-me” McBush just say everythign is just hunky dory! Go figure!
Jiff

Kitty,
The problem is that most of these companies, according to the GAO recently, are not paying ANY income tax, as they are deducting the hundreds of millions of dollars in CEO salaries that are being paid to those running these same companies into the ground. The FAILED POLICIES of the Bush/McCain/Phil Gramm administration are front and center today with the failure of Lehman and Merrill Lynch. I guess Bush/McCain can stand up and defend what’s happening – oh that’s right, when Bush speaks this morning, he is refusing to take any questions. That’s because he has no justification for how the deregulation policies have miserably failed the investing American public.

das2, that’s acrock. it’s a talking poiint obama throws out there to make people think he is on their side. when you and obama can show the tax returns for all of these companies, then it’s ok to make these claims. until then, it’s just words. whatsamatter? can’t back up the claim? No suprises there.

Hokie freak better half, you sound like a Rush Limbaugh and Sean Hannity disciple. These two guys are commedians for heaven sake! You are just as naive as the little girl on the view with Barbara Walters. Aren’t you ashame to be a Republican? your party has run this country’s economy into the ground. Thousands of your fellow Americans have lost their jobs to overseas, thousands have lost their homes to forclosures, 4000 young and impressionable our troops died fighting in an unjust war(you probably believe that Iraq was responsible for 911),(the focus should have been the unemployment rate is the highest it has been in many years..the American dollar is weak, We borrow money from China to buy oil from the Saudi’s, 30,000 of our troops have been incapacitated as a result of this unjust war and would never enjoy life as we know it, hundred have returned home with post traumatic syndrome, and men who were once loving husbands are now abusing their wives, some have even killed their spouses..all because of this stupid war that has our economy in the shambles(10 billion dollars a month to sustain the troops in Iraq and Afghanistan! Don’t you Republicans have any shame? What’s wrong with you guys!is it a mental illness that people cannot see what’s happening to our country? Heaven help us all!

danny, when all the rich conservatives you speak take their money overseas, who are you goign to blame then?

linda get your story straight. he didn’t register 500,000 new voters last month. he got 500,000 new contributors. big difference. but who cares, it’s jsut the truth you’re misquoting.

McCain = Bush/Palin = Cheney in a dress = “one lie after another” in order to energize the base of the Right. The previous eight years of “one lie after another” stole 9/11 as an excuse to start an unnecessary war.

harry: We will call Bushes tax cuts what they actualy are:
Borrowed Money from Japan & China

McCain is now gaining in Minnesota. My sister in law is their and was a Hillary supporter and said she and her husband and 20 year old son are now for McCain. She said Obama has been just flapping around like a dead chicken. My other sis in law in Wisconsin is also for Mccain.
Obama lost a lot of Hillary supporters like us.

You Republicans really kill me, you want everyone to get a high school educastion then expect those slobs to be content manking minimum wage salaries. While you and yours get 6 figure incomes and expect them to be just happy to get by with a raise mabey every decade or so.

Kitty ; Your right I got my facts wrong. 500,000 new donars…pretty impressive.

You Republicans really kill me, you want everyone to get a high school educastion then expect those slobs to be content manking minimum wage salaries. While you and yours get 6 figure incomes and expect them to be just happy to get by with a raise mabey every decade or so.
_________________________________________
Who says that high school grads only make minimum wage as adults. My mom was a single parent on welfare. I went to High School and college and graduate school. I make six figures. So why I am evil? For succeeding??? I worked and paid my school off. I did not need or want others to help me.

No, I am an independent. I am not ashamed to vote for McCain. I love my country much more than your candidate that won’t wear US flag
—————–
Yes, I’m sure YOU often wear a “flag”.
And the self-prclaimed “meverick” didn’t have a flag pin at the convention. He must be “un-Americun”.
People who vote based on jewelery really amaze me. It scares me our elections are decided on such non-issues.
It amazes me more that rubes keep falling for the same rhetoric every election. Rrpublicans are “patriotic” and Dems “hate the US”. When it’s the Republicans who have been the most corrupt individuals in our nation! Just look at the news and see how many have been indicted since Bush took office.
You have two GOP candidates who are of mediocre intellegence. McSame grauated in the BOTTON 1% of his class. Palin had to go to multiple schools to get a journalism degree. I PREFER MY LEADERS TO BE THE SOME OF THE SMARTEST OF OUR NATIO. But you don’t care. You don’t even care if they lie to you. (Which has been proven multiple times. EVEN CARL ROVE said yesterday McCain has been lying – on FOX no less.
Just wave a flag, play the national anthem, and say “freedom” a few dozen times and the easily manipulated will vote still for you. (Who cares that the Republicans have TAKEN AWAY more civil liberties and freedoms than any administration in the past 50 years right?)

Who says that high school grads only make minimum wage as adults. My mom was a single parent on welfare.——I did not need or want others to help me.
—————————————
Samantha,
Your Mum was opportuned to be on Welfare. You owe your syrvival to Welfare and there are so many single Mothers that are looking for the same opportunity your Mother had.
They need other People to help them as your Mother was helped to put you through High School.

Samantha, Can you answer one question for me? Why would you vote for a man who said openly that he knows nothing about the economy! Isn’t the economy a very important issue that a President should have a modicum of knowledge or concern about? Why should he be concern when he is wealthy and own 9 homes..with the economy the way it is now..people like McCain don’t feel the pain.You guys mirror the pretension line you always throw around “America is the richest country in the world” Yea Right! We burrow money from China to buy oil from the Saudi’ and we are the richest country in the world..that is the pretension that’s killing us. We need to stimulate our economy and bring back the Clinton years of prosperity..Obama can and will do a better job than McCain in that area and that’s all that matters! It economy stupid! Heaven help us all and save us from the Republicans!

“Instead of prosperity trickling down, the pain has trickled up.”

Why is Wall Street in trouble today? The truth is that lenders were greedy and borrowers were greedy. Homebuyers are as much to blame as lenders. No one in Washington wanted to be the bad guy to step in and cut off the housing dreams of Americans. It takes two to tango (lenders and borrowers) and no one wanted to stop the dancing at the risk of being called a party pooper.
Irresponsibility all the way around from Wall Street to Main Street to Washington.

Samantha,
Isn’t that one of the axioms of Democracy – CHOICE.
Vote for whoever satisfies your yearnings.
But remember that President Bush got Eight years and see where it has landed us.
I was not around during the great Depression but from stories told by my Grans, the Economy may be knocking persistently on the door of depression and I wonder what the REAL VALUE of your Wealth would be by then.

I have to say that “pain has trickled up” sounds silly…what does that even mean?

The Economy is color blind.
The Lull is felt in the pockets of everyone irrespective of race.
It appears you have forgotten that it is Politicians that Win Elections; It is Politicians that formulate and implement policies and they same Politicians got us here and; if a bad choice is made, the same Politicians will continue to make bad policies that will eventually wreck the economy.

Obama asked Iraqi officials to stall the withdrawal of troops until after the election.
This guy is unbelievable…
Why is this race even close?

McCain today claimed that “the fundamentals of the economy are strong.” Maybe he confused fundamentals with fundamentalists.

Brooklyn Dem,
Please stop poking fun at McCain’s ignorance of the economy. He has confirmed himself, that the economy is not his strong suit.

Does Obama think the economy is weak?
What did he do to make it different?
Oh, that’s right.
Nothing.

“McCain today claimed that “the fundamentals of the economy are strong.” Posted by: Brooklyn Democrat | Sep 15, 2008 12:51:23 PM
The economy grew 3.3% last quarter. Democrats want change- like putting us into a recession.
That’s change you can believe in.

The only thing I’ve heard that “trickles up” is the tingling feeling up Keith Olberman’s leg when Obama speaks.
Seriously, this current financial crisis can be traced to that old favorite, greed. Subprime lending regulators sat on their hands while mortgage brokers took advantage of people who were a bad risk. Then Fannie and Freddie were also asleep at the switch, gobbling up thousands of bad loans without applying proper scrutiny.
How is this Obama’s fault? Or McCain’s?

So who’s to blame in Washington for Fannie/Freddie? This may be a good place to start looking.
Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008
1. Dodd, Christopher J S D-CT $133,900
2. Kerry, John S D-MA $111,000
3. Obama, Barack S D-IL $105,849
Interesting that Obama made the #3 spot, though he’s only been in Washington since 2005.
Perhaps Obama isn’t throwing the spotlight on McCain because he doesn’t want its glare to shine back on him.

Lehman’s collapse was caused by loaning money to people to buy homes they couldn’t afford because of a mindset that every American should be able to own a home – whether or not they can afford it. That philosophy might have worked, except that too many Americans have a difficult time discerning “needs” from “wants” and feel they’re entitled to everything now; in other words, they haven’t a clue as to how to be financially responsible. Thanks to greed on the part of both buyers and lenders, the rest of us are now being dragged down into their hole.
What would Obama have done to prevent this? And did he actually try to do anything as a member of the Senate? Since he seems to believe that everyone is entitled to everything, I can’t imagine he would have stepped in to stop these irresponsible loans from taking place.

On July 22, Obama mentioned the Senate Banking Committee saying, “which is my committee”. But I’m betting he’s not spreading that lie by taking false credit for that committee today.

Obamas comments this morning where he stated this was the worst disaster since the 1930 Depression….was reckless and melodramatic.
A President is supposed to elude confidence during this trying times while offering solutions on how to handle the current crisis.
Obama did NEITHER.
Instead he chose to sound like a chicken with his head cut off claiming the sky was falling.

maria,
I think you are actually claiming that Obama Did ‘elude’ confidence, but it’s all in who you are speaking to, like Giuliani at the convention.
If you want to make the claim that he is advocating a bank run, I think you might consider that argument a time or two before elaborating further.