By Natalie Gewargis

Sep 15, 2008 5:34pm

Obama Attacks McCain as an Economic Risk

In Jacksonville, Fla., this morning, Sen. John McCain, R-Ariz., repeated a line Democrats have been using against him for months.

"The fundamentals of our economy are strong," he said.

McCain also said that “these are very, very difficult times,” but the window had been opened.

Sen. Barack Obama, D-Ill., and his running mate, Sen. Joe Biden, D-Del., had already planned to attack McCain on the economy, and with the bad Wall Street news about Merrill Lynch and Lehman Brothers, McCain’s remarks provided an easy opportunity to paint the Republican as out of touch.

“We just woke up to news of financial disaster, and this morning he said that the fundamentals of the economy are still strong,” Obama told an estimated crowd of 5,800 at the Cross Orchards Historic Site in Grand Junction, Colo.  “Sen. McCain –- what economy are you talking about?

“What’s more fundamental than the ability to find a job that pays the bills and can raise a family?” Obama asked, his voice rising. “What’s more fundamental than knowing that your life savings is secure, and that you can retire with dignity?  What’s more fundamental than knowing that you’ll have a roof over your head at the end of the day?”

At a rally at South Lake High School in St. Claire Shores, Mich., Biden chimed in, as well, saying, “just as George Herbert Walker Bush was nicknamed ‘Bush 41’ and his son is known as ‘Bush 43,’ John McCain could easily become known as ‘Bush 44.’” Hammering McCain’s remarks in Jacksonville, Biden said, “Friends, I could walk from here to Lansing, and I wouldn’t run into a single person who thought our economy was doing well, unless I ran into John McCain.”

McCain has been making the same basic argument for months, as in June (watch HERE) or in August, when he told Laura Ingraham on her radio show, “I still believe the fundamentals of our economy are strong. We’ve got terribly big challenges now, whether it be housing or employment or so many of the other — health care. It’s very, very tough times. It’s very tough. But we’re still the most innovative, the most productive, the greatest exporter, the greatest importer. Every new advancement, literally, in technology that has created this new economy throughout the world, has come from the United States economy. Do we have a lot of things to fix, do we have big challenges? Yes. But I also believe America’s best days are ahead of us.”

Obama often takes the optimistic statement about the economy and extricates it from its myriad qualifiers to suggest that McCain doesn’t know that there are problems economically.

McCain in the past has shrugged off his opponent’s frequent out-of-context use of his quote, but today, McCain quickly tried to revise and extend his statement (as is senatorial prerogative), suggesting some concern, if not panic, by the McCain campaign.

In an Orlando afternoon event, McCain sounded quite a different note on the economy, saying, “The American economy is in crisis, it is in a crisis. People tonight will be sitting around the kitchen table trying to figure out how they’re going to stay in their homes, how they’re going to keep their job, how they’re going to put food on the table. And America is in a crisis today and unemployment is on the rise and our financial markets are in turmoil.”

McCain also offered a new definition of what the “fundamentals” were that he was calling strong; He said he’d been merely referring to the American worker.

“My opponents may disagree, but those fundamentals, the American worker and their innovation, their entrepreneurship, the small business, those are the fundamentals of America, and I think they’re strong,” McCain said. Those fundamentals, he did add, “are being threatened today because of the greed and corruption some engaged in, in Wall Street and we have got to fix it.”

This seemed a different definition than the one McCain offered in April, when he told Bloomberg News “the fundamentals of America’s economy are strong. We’re the greatest exporter, the greatest importer, the greatest innovator, the greatest producer, still the greatest economic engine in the world. And, by the way, exports and free trade are a key element in economic recovery.”

Obama had already been planning on attacking McCain on the economy, and he today blamed "the most serious financial economic crisis since the Great Depression” on “the economic policies (McCain) subscribes to, … a philosophy that says even common sense regulations are unnecessary or unwise."

Obama observed that a new TV ad for McCain and his running mate, Alaska Gov. Sarah Palin, borrows one of Obama’s trademark lines, saying McCain and Palin offer, "leadership, experience, for the change we need."

"Instead of borrowing some of my lines, he needs to borrow some of my ideas," Obama said. "Change isn’t about slogans — it’s about substance."

Obama also said that "it’s great that (McCain) now wants to talk about putting corporate lobbyists in their place. But he needs to explain why he put seven of them in charge of his campaign."

Listing some of the corporate interests those McCain campaign officials work for, Obama said, "If you think they’re working hard to put themselves out of business, then I’ve got a bridge to sell you up in Alaska," a reference to the "Bridge to Nowhere" that Palin has taken credit for killing, though she supported the project before changing her mind on it.

But for all the talk of McCain borrowing Obama’s slogan, Obama borrowed from McCain, as well.

Whereas McCain constantly paints Obama as a risk on national security issues, Obama said McCain was a risk, economically, for the nation.

“We know if we go down that path, then the next four years will look exactly like the last eight,” Obama said. “So, when you walk into that voting booth in 50 days, ask yourself: can your family afford to take a chance on an economic policy that offers $200 billion in tax breaks to the biggest corporations, including the oil companies, but not one penny of relief to more than 100 million Americans? … Can you afford to take a chance on a health care plan that would tax your benefits for the first time in American history? Or an education plan that does nothing to help your kids pay for college? Or a retirement plan that will privatize social security and gamble your life savings on the stock market? Because those are his plans, those are his ideas.

“That’s not a risk I’m willing to take,” Obama said.

– Jake Tapper and Sunlen Miller

User Comments

Obama is a threat to the security of this country.
He undermines the brave efforts of the troops by using them as a pawn in his campaign.
Obama has essentially called the Prime Minister of Iraq a liar–because BO knows if the PM told the truth his campaign and his career may be over.
How can Obama be trusted to be Commander in Chief?

Posted by: riley | September 15, 2008, 5:41 pm 5:41 pm

Look at the pathetic lies of the McCain campaign.
First the campaign realizes its tone deafness.
Then they try and turn this into an attack on Obama.
Then they are caught lying…AGAIN.
Has there been a more dishonest campaign than McCain’s run in 2008? This rivals Bush in 2000 or 2004.

Posted by: Ryan C | September 15, 2008, 5:42 pm 5:42 pm

You know McCain is right. The fundamentals of this economy are strong. For God’s sake we are 25% of the world’s GDP.
The crisis in the mortgage markets was caused by Bill Clinton and the Republican Congress deregulating the industry. We need to work our way through this, let it bottom out and get back to common sense oversight.
There is enough blame to go around through both parties. The Dems need to stop the fear mongering just to win an election.

Posted by: kris | September 15, 2008, 5:43 pm 5:43 pm

And where’s the story about Obama asking the Iraqis to not have a timetable for a drawn down until AFTER the election.
He’s scummy.

Posted by: kris | September 15, 2008, 5:44 pm 5:44 pm

BHO is not just an economic threat.
He has put our troops and our country in jeopardy by playing president while visiting Iraq.
I don’t know why this race is even close.

Posted by: sally | September 15, 2008, 5:45 pm 5:45 pm

I’m disappointed in Obama. I was hoping for a new kind of politics – an honest and positive opne – but all I see are lies, exaggerations, and negativity.
What happened to Barack the optimist? The uniter? Too bad, I would have voted for that guy….but not this guy.

Posted by: Jeremy | September 15, 2008, 5:47 pm 5:47 pm

Mccain has stated on numerous occasions our economy is strong, one of his advisors called us a nation of whiners; another yesterday said “things today just aren’t that bad” and titled his editorial ‘Quit Doling Out that Bad Economy Line”. How in the world are we supposed to buy that McCain/Palin can “reform” the system when they are the very foundation of it? You don’t have to look past McCain’s inner circle to find the man responsible for lobbying banking deregulation or the other two lobbyist for Freddie Mac and Fannie Mae. They are going to reform a system for which they serve the masters who created it? I’ve got some snake oil for you!

Posted by: Paige | September 15, 2008, 5:48 pm 5:48 pm

How can Obama give 95% of Americans a tax cut when 40% don’t even pay taxes?
He’s going to punish small businesses and kill their jobs.
The 40% who don’t pay taxes are getting handouts.

Posted by: cindy in nc | September 15, 2008, 5:48 pm 5:48 pm

From NY Post today:
WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.
According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.
“He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington,” Zebari said in an interview.

Posted by: Francisco Cardenas | September 15, 2008, 5:49 pm 5:49 pm

McCain is seriously confused and does not understand anything about national security or economy. He is so confused that he cannot lead this country. The foundation of McCain’s economy are strong because WBush tax cuts will continue for him and his wife so they could buy more houses. McCain is really an economic risk as well as a national security risk because he seriously lacks judgment. With one of his foot in the grave McCain has chosen the least qualified running mate. God save America from McSame.

Posted by: BKMC | September 15, 2008, 5:51 pm 5:51 pm

Francisco – An Obama aide accused Taheri of confusing the Status of Forces agreement with a Strategic Framework Agreement, for which Obama has pushed for congressional review.
“This article bears as much resemblance to the truth as a McCain campaign commercial. Barack Obama has consistently called for any Strategic Framework Agreement to be submitted to the U.S. Congress so that the American people have the same opportunity for review as the Iraqi Parliament,” said Obama spokeswoman Wendy Morigi. “Unlike John McCain, he supports a clear timetable to redeploy our troops that has the support of the Iraqi government. Barack Obama has never urged a delay in negotiations, nor has he urged a delay in immediately beginning a responsible drawdown of our combat brigades.”

Posted by: Paige | September 15, 2008, 5:51 pm 5:51 pm

Biden isn’t worried about economics.
He thinks we should vote for Obama because he is black. He told voters in NC that it would be transformative to elect BO because he is black.
Sorry Biden…you may have increased BO’s AA support up to 98% but the white guilt thing isn’t working on me.

Posted by: riley | September 15, 2008, 5:52 pm 5:52 pm

As usual, the shallow one attacks but never offers a definitive solution of his own – just nebulous generalities.
Obama – a great mistake!

Posted by: dl | September 15, 2008, 5:53 pm 5:53 pm

I also believe the fundamentals of our economy are strong…no way are we as bad as the great depression (as Obama says) I mean really just look, O says he raised 66 mil last month, that money wouldn’t be there if we were in a depression. The economy needs some work but, this isn’t 1929.

Posted by: samhiguchi | September 15, 2008, 5:54 pm 5:54 pm

“How can Obama give 95% of Americans a tax cut when 40% don’t even pay taxes?
He’s going to punish small businesses and kill their jobs.
The 40% who don’t pay taxes are getting handouts.”
You cannot get a tax cut when you do not pay taxes.
Saying there will be a rebate to those who do not pay taxes is basically a right wing lie.
I know, I know, its yet another lie by right wingers and there are so many to keep up with but let’s at least try.

Posted by: Ryan C | September 15, 2008, 5:54 pm 5:54 pm

This new york post article about Obama and troop withdrawal is quite disturbing:
According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.
“He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington,” Zebari said in an interview.
Foxnews has reported this. Obama canp denied this. can any one interview the minister to verify. If this is true, Obama is finished.

Posted by: amy | September 15, 2008, 5:54 pm 5:54 pm

cindy nc
how come all the economic experts disagree with what you and john mccain are saying in that he will raise taxes and hurt small businesses?
and that iraq story turns out to be completely bs by the guy who wrote it
ITS SEXIST!!! I TELL YOU THEIR BEING SEXIST AGAINST OBAMA!!!

Posted by: Bhrandon | September 15, 2008, 5:55 pm 5:55 pm

Please resurrect a little bit of respect for the MSM in the eyes of the American people and report upon Obama requesting that troop withdrawals from Iraq be stalled until after the November election.
This is important information regarding one of the presidential candidates that the American people deserve to know.
I cannot believe all of the “uncovered” stories that the media has been reporting over the last two weeks regarding Governor Palin, but appears to be setting aside this story.
Just because the Obama campaign denies its truthfulness does not make it so.

Posted by: SandyB | September 15, 2008, 5:56 pm 5:56 pm

Is Obama discussing the economy instead of lipstick? C’mon folks.
McCain & most of the comments on this page are distracting whenever possible because it’s hard to run as a maverick when you’ve supported the Bush policies for so long.

Posted by: Stacey | September 15, 2008, 5:56 pm 5:56 pm

The fundamentals of our economy had better be strong or America will be in deep doo-doo! It is very unpatriotic and defeatist of BHO to think that the US is not the greatest Country and economy in the world, so when you walk into that voting booth in 50 days, ask yourself whether you want a President who thinks so poorly of the American spirit and ingenuity and who seem to want to wish that it were so. McCain will be the best Commander-In-Chief and he will be the best champion of the greatness and resilience of America.

Posted by: Beckie | September 15, 2008, 5:58 pm 5:58 pm

“…no way are we as bad as the great depression (as Obama says)”
And the whole quote since right wingers can’t help but lie.
““The challenges facing our financial system today are more evidence that too many folks in Washington and on Wall Street weren’t minding the store,” Obama said in a statement. “Eight years of policies that have shredded consumer protections, loosened oversight and regulation and encouraged outsized bonuses to CEOs while ignoring middle-class Americans have brought us to the most serious financial crisis since the Great Depression.”
The question is America, do you want a President who tells you the truth and how we can all climb out of this rut or do you want the lying Republicans known as McCain Palin?

Posted by: Ryan C | September 15, 2008, 5:58 pm 5:58 pm

Obama has done more for the troops than McSame would ever think about doing.
As a veteran, I am giving my vote to Obama. I would trust him as my Commander in Chief!
You guys are still trying to create more lies and innuendo…just as dishonorable as John McCain.
John McCain is no patriot, he’s a dishonorable liar.

Posted by: LA in Indiana | September 15, 2008, 5:58 pm 5:58 pm

PLEASE reference John McCain’s big economics speech from this spring.
Despite the fact that the scope of the credit crisis was evident, McCain painted a false or ignorant picture that ‘everything is fine’.
Despite the role of regulators WHO LOOKED THE OTHER WAY as the banking and investment banking industry carried out unscrupulous, risky, greedy practices — practices that have endangered the entire U.S. economy — McCain said that the only problem in the U.S. economy was that there was… too much oversight!
Can we speak the truth for just one minute? John McCain is no more qualified to be president than my mom. No disrespect intended to my mom.

Posted by: John McCain's conscience | September 15, 2008, 5:58 pm 5:58 pm

NYT reported Palin’s per diem request. ABC reported and the retracted the AIP story. How about Obama’s Iraq troop withdrawal story?

Posted by: amy | September 15, 2008, 5:58 pm 5:58 pm

Riley
BO is the only one here that really understands how our ecomomic strength is linked to our strength abroad. are you really reading the articles or are you just believing the garbage out of the Repugneocon party. Think Dude! we can’t trust our lives to an old dude who don’t have the smarts to navigate these complex issues.
I can trust a President Barack Obama because he understand the complex issues. John McCain can’t understand these issues. Dude remember how GW could not understand the issues and you guys put him in office anyway. You were wrong then. Stop believing that Repubs are going to come up with the right answer all the time. They are not.

Posted by: canucthelight | September 15, 2008, 5:59 pm 5:59 pm

McCain repeatedly put the blame on “some on Wall Street.” If only that were the case, then the problem would be more more easily solvable. When he mentioned regulation, he talked about an alphabet soup of the regulatory going back to the thirties. Unfortunately, safeguards from the past have been disbanded thanks to the effort of Gramm. It wasn’t about regulators being asleep at the wheel, as he put it, but the fault of enacting deregulation. As Obama said, the philosophy of John McCain, the leave business and its greed alone, is a major contributor. In case you noticed scant applause in the video -according to the Washington Post, today McCain was greeted by throngs of empty seats.

Posted by: kat | September 15, 2008, 6:01 pm 6:01 pm

“ABC reported and the retracted the AIP story.”
No they reported the official’s contention about Sarah Palin being in the AIP.
Then they reported that official saying they were wrong as well as the official registrar giving Sarah Palin registration as a Republican.
ABC also reported that Todd Palin was a memeber of the AIP until 2002.
No one is reporting what Amir Taheri has to say because the media has had enough of reporting his lies only to retract them. The only ones without that journalistic integrity are the right wing news outlets like FoxNews and the NY Post now repeating that story.
Funny how that works.

Posted by: Ryan C | September 15, 2008, 6:02 pm 6:02 pm

When Chris Como on GMA asked about his ad telling Mccain can not send e mail, he answered:
” Hold on,,hold on Chris,,I did not say it.”
Chris again said about the computer thing and Obama turned the subject that McCain did not care about economy.
Obama acts like a spoiled kid.

Posted by: catleya | September 15, 2008, 6:03 pm 6:03 pm

The dems are not fearmongering, they’re not talking about what COULD happen…this mess is going on right before our eyes! That’s not fearmongering, this **** is happening NOW!

Posted by: LA in Indiana | September 15, 2008, 6:03 pm 6:03 pm

it has been deemed false

Posted by: Bhrandon | September 15, 2008, 6:03 pm 6:03 pm

This is more interesting than Palin’s Per diem request:
Fannie Mae and Freddie Mac survived scrutiny by manipulating, cajoling, and lobbying politicians and hiring board members who were politicos (e.g. Jamie Gorelick) rather than mortgage gurus. They hired lobbyists, gave massive donations, obtained nice tax breaks, and sailed below the regulatory radar screen.
Of the 354 lawmakers who received money from Freddie and Fannie between 1989 and 2008, Sen. Chris Dodd received the most. But next was . . . drumroll . . . Barack Obama. Yup. And he was only there for three years. Not too much went to John McCain, about a sixth of what Obama received (h/t Glenn Reynolds.)
But, you say, maybe all the Fannie and Freddie employees who gave money just “liked” Obama. That might make sense with ordinary institutions. But these two had a game plan to influence and sway lawmakers for the purpose of keeping them on the government gravy train and out of the regulatory line of fire. It’s no coincidence that they “liked” Senate Banking Chairman Chris Dodd best of all.
So it would appear that this is precisely what Obama has been railing against: Washington insiders lining the pockets of other Washington insiders while the taxpayers ultimately have to foot the bill. The Agent of Change, it seems, didn’t exactly walk the walk on this one.

Posted by: amy | September 15, 2008, 6:04 pm 6:04 pm

Obama – A handout for every victim courtesy of those who saved a bit.
What a guy!

Posted by: dl | September 15, 2008, 6:05 pm 6:05 pm

You gotta be crazy, if you think that McCain, is the answer to this big problem we have. This guy is clueless about the economy, as for that stupid war, we had lost so much money and lives.
The day we learn to respect other countries for what they are…not for what we want them to be, we gonna have peace, you don’t need to have enemies all over the world, Canada, France, Spain, Australia, Brazil, Japan, China, are not in the business of making enemies……. we have so many problems here, I can barely pay $300.00 a month for gas in order to go to work and pay my mortgage….and Do you think I care about that stupid war. NO WAY
I don’t want another dummy for President,
Lets send McCain to Guantanamo
Viva Obama The Next President Of USA 2008/2016

Posted by: Dave | September 15, 2008, 6:06 pm 6:06 pm

You knuckleheads have been repeating the same stupid mantra since February…
“if (insert your disingenuous story here) and its true, Obama is finished”
Some of you even went out of your way to twist and distort sentences and statements from the very books Obama wrote, only to follow it up with “if this is true, Obama is finished”
Try winning on issues, not on lies and innuendo. Run an honest campaign, as the American people could use a large dose of honesty right about now.

Posted by: LA in Indiana | September 15, 2008, 6:08 pm 6:08 pm

Well, thank heavens for the New York Post and Fox News, they appear to be the only ones telling BOTH sides of the stories these days, particularly the bad ones………

Posted by: SandyB | September 15, 2008, 6:08 pm 6:08 pm

The savings and loans debacle, the sub-prime loan mess, and the current collapse of brokerage firms have their root in one thing – the attempt to mask investment risk. By allowing investment companies to mask the riskiness of their investments either by repackaging bad loans or relying on the backing of the government have only replaced short term risks and smaller downturns with big ones that come less frequently. It is time to remove the abstraction and let the riskiness of investments become naked for all to see without any significant assurance of the government bailing them out. Let each bad loan and investment fail and hurt those who made them directly. Forget all this layer of bureaucracy that tries to hide or push back the bad news. If you are looking for the ones to blame for setting us up for failure, just look at congress including Obama, Biden and McCain.

Posted by: sangjmoon | September 15, 2008, 6:08 pm 6:08 pm

WHY would America REWARD complete Republican FAILURE ?
Why ? Why would we ?
Never mind your spin ! The GOP IS to blame for this mess. Deregulation in the financial sectors have led to this mess. As for the ‘housing crisis’ – see Bush speech 5 years ago about how deregulation has led to great gains in home ownership… Yes- and now home foreclosure. Great Job!

Posted by: PulSamsara | September 15, 2008, 6:08 pm 6:08 pm

This man only says what he is TOLD to say. He’s like a puppet.
The O-man, Barack Hussein Obama, is an eloquently tailored empty suit.
No resume, no accomplishments, no experience, no original ideas, no
understanding of how the economy works, no understanding of how the
world works, no balls, nothing but abstract empty rhetoric devoid of
real substance.
Change for America? What change? What the heck is wrong with the people in this country that they would even think about voting for this guy .Are we ostriches with our heads in the sand?
“If we ever forget that we’re one nation under God, then we will be a nation gone under” – Ronald Reagan

Posted by: Charles | September 15, 2008, 6:11 pm 6:11 pm

Obama also worked as a financial analyst for a year or so, I believe at the same time he was practicing law…at least he has a good idea how all this mess works.

Posted by: LA in Indiana | September 15, 2008, 6:12 pm 6:12 pm

Obama is playing it right out of the socialist handbook: Accuse your rival of being exactly the threat you yourself are.

Posted by: Joaquin B. | September 15, 2008, 6:14 pm 6:14 pm

Those squawking about GDP are throwing around something they picked up along the way and uninformed. GDP increases mean NOTHING except for the smallest top % = wealthiest. Go read a book on what it means to be a responsible middle class.
McCain is senile and just like Bush =
YOU CAN’T BE A LEADER WHEN NO ONE RESPECTS YOU ENOUGH TO FOLLOW.

Posted by: alison | September 15, 2008, 6:15 pm 6:15 pm

LA:
He never practiced law … and he has no background in financial matters. Please. The economony is in a certain amount of problems but you don’t need to insult our intelligence …

Posted by: beebop | September 15, 2008, 6:16 pm 6:16 pm

Obama is a flake. So many lies thrown out there. They think a few will gell. You have to check everything to find out how true it is.
The Democratic Congress and Senate are the biggest problem in Washington, along with the money-hungry people who steal our taxes and don’t use them to benefit the Nation.
McCain has a proven record of integrity and truly wants to change things. He’s been there for a long time and knows what is wrong. REFORM is the word, not change. He can’t reform unless he is elected President. His wife is very wealthy and he certainly isn’t in it for more money.

Posted by: mary | September 15, 2008, 6:17 pm 6:17 pm

Obama – attack, criticize, castigate, sling mud, a little guilt by association here and there — anything by issues.
What a windbag! What a truly creepy person!

Posted by: dl | September 15, 2008, 6:17 pm 6:17 pm

blablabla … “the next four years will look exactly like the last eight,” Obama said.”

Posted by: Belle Starr | September 15, 2008, 6:18 pm 6:18 pm

PS..
And why we’re on the issue of “Socialism”… guess what the country tends to vote in hard times? Yep. Dem. I mean the party about helping each other not the party that helps only itself.

Posted by: alison | September 15, 2008, 6:19 pm 6:19 pm

MCCAIN is an empty suit willing to throw all his maverick status into the fires and sale his soul for the presidency… he once said his vp pick was probably the most important vp pick because of his advanced age, and after months of talking about experience experience experience he picked someone who may have to take over for him with zero knowledge and experience

Posted by: Bhrandon | September 15, 2008, 6:19 pm 6:19 pm

“Of the 354 lawmakers who received money from Freddie and Fannie between 1989 and 2008, Sen. Chris Dodd received the most”
Fannie Mae and Freddie Mac have their largest offices in Connecticutt.
Guess where Chris Dodd has been a Senator for 25+ years?
According to opensecrets donor look up, Obama has received $19K+ from Freddie Mac since 2004. McCain has received $9K+. Obama has received $90K from Fannie Mae since 2004. McCain has received about $6K.
Instahack won’t tell you things like that because he rather leave the impression that Obama was rolling in FreddieMac, Fannie Mae dough when the truth is that its a small percentage or a percentage point of his total fundraising haul.
The reason right wingers like InstaHack do this is because they want you to forget that McCain is relying upon RNC money while Obama relies on donors sending less than $200.

Posted by: Ryan C | September 15, 2008, 6:19 pm 6:19 pm

Mccain has used our troops as pawns in his political stunts he has used his pow status again and again as cover for everything,
all this lying hes doing now, is it because he was tortured and cant remember facts or truths anymore
mccain is a dangerous choice to be near the button especially with palin right behind, talking about holy wars
no thanks not my america

Posted by: Bhrandon | September 15, 2008, 6:20 pm 6:20 pm

How many of you actually BELIEVE that the president has any impact on the economy? If you raise your hand, you have no idea what you are doing.
The real issue here is regulation and guess whose job that was ???? DING DING DING …. if you said the CONGRESS then you were RIGHT!
And who could have made the regulations have teeth? DING DING DING … the Banking regulation committee … Senator Chris Dodd … who supports hmmmmmm Senator 0bama. So. Guess who doesn’t want to be investigated? DING DING DING …. you are so smart! You are three for three. All you have to do is look at who is backing 0bama … lawyers, lawyers, lawyers, financial houses and BANKS. Gee.

Posted by: beebop | September 15, 2008, 6:20 pm 6:20 pm

McCain must be losing it to have picked a serial liar like Palin. The old fool fell for a pretty face. Her story about the Bridge to Nowhere — completely bogus, she campaigned for it, took the money, and kept it, and only disowned it when it was politically advantageous.
Now we learn she appointed her buddies to high paying jobs — one a school friend to a dairy oversight board because of her “love for cows”!!
And McCain repeats the lies, even after they’ve been exposed!
A Bridge to Nowhere — a bridge of lies — that’s the modern Republican Party.

Posted by: bobbie | September 15, 2008, 6:22 pm 6:22 pm

“So many lies thrown out there. They think a few will gell. You have to check everything to find out how true it is.”
Projection is the word you are looking for.

Posted by: Ryan C | September 15, 2008, 6:22 pm 6:22 pm

And McCain’s convention and Palin bump are almost gone. So sad so bad Popeye now go tell more of your lies and start giving speeches using speeches already given by Obama & Biden its just too funny how far you will push being a piece oof dung.

Posted by: depravedmaniac | September 15, 2008, 6:23 pm 6:23 pm

NY Post today:
OBAMA TRIED TO STALL GIS’ IRAQ WITHDRAWAL

Posted by: Cassandra Washington | September 15, 2008, 6:23 pm 6:23 pm

“Do we have a lot of things to fix, do we have big challenges? Yes. But I also believe America’s best days are ahead of us.”

Posted by: Belle Starr | September 15, 2008, 6:24 pm 6:24 pm

Obama cited Ayers job
as qualification to run
Interview during 2000 congressional race contrasts
with effort to separate self from domestic terrorist
–WND

Posted by: RYAN C | September 15, 2008, 6:25 pm 6:25 pm

It seems like it is socialism if a candidate advocates tax cuts and fiscal benefits for the majority of us earning less than $250k per year while it is stimulus if the other candidate advocates tax cuts for the rich and tax breaks to oil companies and those putting jobs offshore.

Posted by: Vladimir Estragon | September 15, 2008, 6:25 pm 6:25 pm

Beckie, when is it unpatriotic to admit there is a problem occuring? Oh wait…I remember…that happened when Bush took office. I can all but see him covering his eyes saying “the economy is fine, everything in Iraq is fine, everything in Afghanistan is fine…” It takes a real leader to be able to stand up and say “We have some serious problems and we are losing our place as the country all others look up to.” McCain is following the “if I say everything is ok, then it must be” approach. The first step in any recovery program is admit you have a problem.

Posted by: Mack | September 15, 2008, 6:25 pm 6:25 pm

Sunday, September 14, 2008
McCain Adviser: “Quit Doling Out That Bad-Economy Line”. Also: “Up is Down”, “Bad equals Good”
From “Quit Doling Out That Bad-Economy Line” by McCain Adviser Donald Luskin, Op-Ed, Washington Post, September 14:

Things today just aren’t that bad. Sure, there are trouble spots in the economy, as the government takeover of mortgage giants Fannie Mae and Freddie Mac, and jitters about Wall Street firm Lehman Brothers, amply demonstrate. And unemployment figures are up a bit, too. None of this, however, is cause for depression…
Full disclosure: I’m an adviser to John McCain’s campaign…

Yes.
And black is white.
And up is down, you see.
Freedom is slavery.
Injustice is truth.
I know. A McCain adviser told me so.
This is not the understanding of the average struggling American McCain wants to portray.
This is what we will receive.
Another Bush era.
Personified.

Posted by: cara prado | September 15, 2008, 6:27 pm 6:27 pm

beebop…
dont burst everyones bubble in here!!! the canidates, especially obama and the democrats, WANT you to believe its the presidents fault if the economy is bad. its not!!!! i mean, im not saying he dosent have arole in it or influencing dcisions on the economy, but its more congress than anything. a democrat controlled congress with THE LOWEST APPROVAL RATING IN HISTORY. but im just sayin’…..

Posted by: tim | September 15, 2008, 6:27 pm 6:27 pm

LA in Indiana
Don’t look now but Obama was NEVER a law professor. Really, why do you have to make things up to make the shallow one look good?

Posted by: dl | September 15, 2008, 6:27 pm 6:27 pm

Gee Riley, why would the Prime Minister lie?…Let’s see, because if Obama is elected Iraq’s free ride on our tax dollars will suddenly go away. Yeah, I would say whatever I needed to say to prevent the person who was going to be timeline and goals on me and make me use some of my surplus money to pay for someone else to clean up my country. Iraq is running a surplus, US us running a deficit paying for the war in Iraq. Why lie?

Posted by: Mack | September 15, 2008, 6:29 pm 6:29 pm

dl the University of Chicago stated he was…I don’t have to make things up, we leave that up to Liar McCain and Dogsled Barbie.

Posted by: LA in Indiana | September 15, 2008, 6:29 pm 6:29 pm

OBAMA REALY DOESN’T HOLD WOMEN IN HIGH REGARD.
In addition to trashing Hillary and Sarah.
Obama has never gone out of his way to relate to women. Only seven of his top twenty Senate staff positions are filled by women (McCain has thirteen of twenty) and women on Obama’s staff earn 83 cents for each dollar his male staffers are paid. (McCain pays his female staffers $1.04 for each dollar he pays to his men).

Posted by: dl | September 15, 2008, 6:30 pm 6:30 pm

When is ABC News going to report on Obama’s interference with negotiations between the Iraq government and the Bush Administration to schedule troop withdrawal? ABC News failure to report the news is proof positive they are “in the tank” for Obama.

Posted by: abcblogger | September 15, 2008, 6:31 pm 6:31 pm

mack…
iraq didnt have a choice if we invaded them or not. what are we supposed to do?! steal their money and oil?!

Posted by: tim | September 15, 2008, 6:31 pm 6:31 pm

“This is not a time to be panicking about this. These are viable, strong institutions,” Sen. Christopher Dodd, D-Conn., said at a Capitol Hill press conference. “The economics are fine in these institutions and people need to know that,” Dodd said. There’s no reason “to talk about failure,” he added. “These two institutions are fundamentally, fundamentally strong,”
Dodd said. “There’s no reason for the kind of reaction we’re getting.”
Mr. Dodd’s analysis proved to be somewhat deficient. President Bush signed the Housing Recovery bill on July 30, 2008. This bill gave the Treasury authority to put the U.S. taxpayer on the hook for all of Fannie Mae and Freddie Mac’s bad decisions.
Democratic Senator Christopher Dodd, former candidate for President, revealed his grasp of the situation on July 11, 2008 when he strongly defended the financial condition of Fannie & Freddie. Between 1989 and 2008, Fannie & Freddie contributed $165,400 to Mr. Dodd’s re-election campaigns.
But Chris isn’t the largest beneficiary of the Fannie largesse …. who might that be?
Employees of the government-sponsored firms, which own or guarantee half of the nation’s mortgages, have donated almost $4.3 million to federal elected officials and their various campaign committees since 2005.
Obama is the largest individual recipient at about $112,000, federal campaign finance reports show.
One reason Obama has collected the most is that he has raised far more than any other federal candidate, $390 million so far.

Posted by: beebop | September 15, 2008, 6:31 pm 6:31 pm

Everyone keep screaming disaster then we will have one. Depression, unemployment was 30%, now 6%….for the 2 or 3 percent who are not making their mortgage payments, we are all going to be punished. Why were lenders giving money to greedy Americans who were going over their heads. I’m ticked off that I have to bail anyone out when my husband and I have never been in debt or bit off more than we can chew. Clearly Americans have more money than they know what to do with….look at Obama and McCain donations this past month…crazy (and don’t tell me these are all from the little doners).
CANNOT raise taxes in this economy or give socialist handouts per Obama…less government is what we need.
Unless you all want to give my college age daughter $2,000 and all the rest of the college kids….sure let’s all pay for that.
BI PARTISAN McCAIN ALL THE WAY…..HE WILL HAVE REPUBLICANS AND DEMS IN HIS CABINET, WEALTHIEST TO TAKE $1 A YEAR…DOESN’T CARE WHO GETS CREDIT FOR SOLUTIONS…..NOT LIKE EGO FIRST OBAMA…interfering in Iraq about when our troops should come home.

Posted by: Debra | September 15, 2008, 6:31 pm 6:31 pm

Palin lies just as much as Popeye does, I’m still laughing at the old guy for his lie about the Viet Namese Guard draswing the cross in the sand, McCain told the nation on TV. Its knowing that story came straight out of a book written by a Russian Alexander Soljenitzen about that occurance while he was a prisoner in the Russian Goulag. McCain has absolutly no shame about lying and continues as does his VP chosie every day.

Posted by: polarbearkiller | September 15, 2008, 6:31 pm 6:31 pm

LA in Indiana
Again, he was NOT a professor. He wasn’t even able to become tenured. He did teach a class but not even as an associate professor.

Posted by: dl | September 15, 2008, 6:32 pm 6:32 pm

I used to support John McCain, but after looking at my 401k today, I just can’t afford to take a chance on giving the republicans four more years. They had their chance and now my retirement is in jeopardy!

Posted by: Tim | September 15, 2008, 6:32 pm 6:32 pm

hmmm obama was a law professor?! i must have missed that one… lol

Posted by: tim | September 15, 2008, 6:32 pm 6:32 pm

when did Senator Obama return from Iraq???
And this is a story NOW???

Posted by: LA in Indiana | September 15, 2008, 6:34 pm 6:34 pm

Depraved maniac …. at least McCain/Palin GOT a bounce from their campaign … don’t you sound a little bitter?

Posted by: beebop | September 15, 2008, 6:34 pm 6:34 pm

How many more banks need to close before someone points the finger at Phil Gramm? He wrote the legislation that allowed the banks to hide their risk and sell the mortgage-backed securities.
Oh, by the way, he’s also McCain’s top economic advisor…enough said!

Posted by: Rick | September 15, 2008, 6:35 pm 6:35 pm

“The only difference is that the right-wing response to a failing Obama/Biden in the White House would be … really bad — whereas McCain/Palin can hold off the more poisonous elements of the right.”
****************************************
Good God! You believe this dribble?

Posted by: Thinking | September 15, 2008, 6:35 pm 6:35 pm

seriously, why are all you democrats and liberals still bashing palin?! let it go!!! we get it, you dont like a conservative woman. now, can we focus on the two that will actually make the decisions?!

Posted by: tim | September 15, 2008, 6:35 pm 6:35 pm

“How many of you actually BELIEVE that the president has any impact on the economy?”
The President’s economic policy from taxation to budget priorities has a direct impact on the economy.
“If you raise your hand, you have no idea what you are doing.”
“The real issue here is regulation and guess whose job that was ???? DING DING DING …. if you said the CONGRESS then you were RIGHT!”
Yes and unfortunately the Republican controlled Congress beginning in 1994 thru 2006 removed many regulations and weakened the authorities of regulatory bodies. Bush then added to this by stacking these important oversight agencies with political cronies.

Posted by: Ryan C | September 15, 2008, 6:35 pm 6:35 pm

Tim,
We could have set timelines and goals, made them pony up some money to pay for our troops performing security duty while they are still trying to get their act together. You are right, they did not have a choice in Bush invading the country for no good reason, but after 6 years, I think they could be helping with the bill. If they did not have millions sitting in a bank growing everyday, it would be different. But, they are getting richer, while our country is getting more into debt.

Posted by: Mack | September 15, 2008, 6:36 pm 6:36 pm

A community organizer.
… I’m still laughing!

Posted by: dl | September 15, 2008, 6:36 pm 6:36 pm

dl …. not only that but 0bama pays his female staffers LESS than Senator McCain …. you can talk all you want, but when the rubber meets the road, I guess he’s just well, over inflated …. hahahahahaha

Posted by: beebop | September 15, 2008, 6:37 pm 6:37 pm

Enough already why can’t the American people wake up and stop this “destroy the candidate” mentality. Why do we focus our money and efforts on the negative? Why can’t we focus on the good deeds and accomplishments of the candidates and how they can benefit our country.
Senator’s Obama and Biden, Gov Palin and thousands of other city, state and Washington politicians ask for “ear marks” to provide better lives for their voters. Ok, so let’s get on with the future. The point in this election is who is prepared to stop the frivolous wasteful spending in Washington.
John McCain has vowed to put a stop to “ear marks’’ and wasteful spending. He has vowed to reorganize business as usual in Washington. He has vowed to form a government Cabinet of the best and brightest people regardless of political party. Senator McCain did not wait to get into the White House to start his promises he moved now by selecting Gov Sarah Palin as his VP choice.
Gov Palin is a rare political individual with “grass roots” experience that this country has not seen for twenty years. She started as a councilwoman then small town Mayor. As mayor she built city infrastructure. She listened to the people of her town. They wanted a Sports Arena. Before the city moved forward Mayor Palin presented the analysis it would require a Bond issue and sales tax increase to pay for the infrastructure and to pay off the debt. The voters made the decision to move their city forward with a plan in place to make their lives better and more prosperous.
Gov Palin has cut wasteful government spending. Who cares how she sold the “jet” the point is she eliminated the frivolous expenditure. She reduced the Governor’s travel expenses from $400 thousand to $90 thousand a year. She cut the frivolous executive house expenses. She is thinking outside the box, she actually kept her promises to the voters of Alaska. To continue her promises she worked with Big Oil Executives to give back to the citizens of the state they operate in. The citizens of Alaska are receiving the monetary rebates Gov Palin promised.
Senator John McCain scares some of his own party because they say he is a maverick and doesn’t follow status quo with his party line. Gov Palin has changed the status quo of the Big Oil Companies and government spending. Well fellow citizens I’m ready for a pair of maverick’s who get things done.
I’m tired of the frivolous bickering I want action and I want it to start in January 2009. ALL American’s have the privilege to think free and entitled to our personal beliefs. So let’s get on track. Let’s send a team to the White House who believe in shaking things up working for the betterment of the citizens they serve and have a record of getting things done.
We had a maverick president twenty years ago named Ronald Reagan and he shook things up pretty good and the citizens of this country prospered. Fellow voters we have an opportunity to get our country back on track now with a McCain and Palin team in the White House who have proven reform and result’s experience. We can’t wait four more years to make a difference we have to get started now.

Posted by: dottie | September 15, 2008, 6:38 pm 6:38 pm

mack…
good points…

Posted by: tim | September 15, 2008, 6:38 pm 6:38 pm

Tim,
If McCain wasn’t 72 (his father passed at 70, and longevity is hereditary through gender),, then we could just focus on the top of the ticket. But the odds are good that the person in the VP slot will be filling in within the next 4 years if McCain is elected.

Posted by: Mack | September 15, 2008, 6:39 pm 6:39 pm

mack…
bush AND congress… dont make it seem like it was just him who thought it was a good idea… he got approval from republicans AND democrats.

Posted by: tim | September 15, 2008, 6:40 pm 6:40 pm

riley: You can call Obama ‘risky’ but mccain is guaranteed to destroy America. Never have we had so much debt, such a weak military, such weak influence over seas, such a horrible economy. Obama was right on every foreign policy issue, mccain wrong. WE CANT TRUST McCAIN, who lies every minute.

Posted by: John | September 15, 2008, 6:41 pm 6:41 pm

Neither of the candidates were convincing today.
McCain seems unsure of what is happening on Wall Street. Condemning the greed and corruption might please some voters who don’t have a clue either, but it doesn’t solve anything.
Obama also failed to address the developing crisis properly because he was too busy going after McCain. I get it that McCain will essentially continue Bush’s economic policy. I get it that he doesn’t offer real change. But if that is all Obama can talk about, then that makes two of them.

Posted by: El_Pajaro | September 15, 2008, 6:41 pm 6:41 pm

Obama is quick to blame Republicans since Democrats took both Houses of Congress
Today, CNN and all networks reported the worst day since 9/11 in Wall Street has occurred. Although Senator Barack Obama blames Senator John McCain, his VP, Senator Biden has been in Congress much longer and has yet to make a difference in the same manner as his fellow Democrats. What Senator Obama and his fellow Democrats fail to say is for six years our economy was holding on until the Democratic Party took both houses just over two years ago. It was the Democratic Congress that bailed out the housing industry. Since both houses of Congress have been under Democratic leadership our economy has declined to record levels. Since then, the Congress had to bailout the housing industry and today, Lehman Brothers and Merrill Lynch filed for bankruptcy protection (All Networks, 15 Sep 08). CNN reported that Obama supported bipartisan bills 13% of the time while McCain voted 83% of the time for bipartisan bills (CNN, 15 Sep 08). In other words, McCain voted 83% of the time for bills that were important to America and Obama voted 13% for the same type of bills.
I’d rather have Senator McCain in the White House since his record reflects that he committed to issues 90% of the time. At the same time, Senator Obama has not committed to any issue, 95% of the time (Congressional Records, Sep 08). America cannot depend on a politician that will not take sides to address hard issues important to our nation economy and defense of our country. In the meantime, Senator Obama makes fun about his competitors while claiming that he is not running negative ads, which is not the truth. At the same time, Obama is using campaign dollars to pay for 30 individuals to search for any sleazy information that he can use against Governor Sarah Palin. Senator’s Biden and Obama both voted the bridge that Governor Palin voted against and both of these Senators are attacking her for that makes no sense. However, what is appalling is that Obama’s view is that anything his campaign says or does in not his responsibility. Since Obama has never made any change as a politician and knows that his record lacks merit and cannot win unless he uses sleazy tactics that have become an Obama standard. Obama has to be the first politician to use his campaign to say anything they want without the oversight of the person that these individuals work for, Senator BARACK OBAMA. America, wake up!

Posted by: Dr Hubert, Lt Col, USAF, Retired (2005) | September 15, 2008, 6:43 pm 6:43 pm

More Obama on McCain
“Now, a few hours later, John McCain’s campaign sent him back out to clean up his remarks. And he explained that what he really meant to say was that American workers are strong.
Now come on, Senator McCain. We know you meant what you said the first time because you’ve said it before. And your chief economic advisor – the man who wrote your economic plan – said that we’re in a “mental recession;” that this is all in our heads; that we’re a nation of whiners.
Don’t get me wrong – when Senator McCain says that American workers are the backbone of our economy, and that they aren’t getting a fair shake from Washington, he’ll get no argument from me. I’ve been making that case for nineteen months.”
Obama is a leader.
McCain is flubbing around for which talking point or campaign lie works.

Posted by: Ryan C | September 15, 2008, 6:44 pm 6:44 pm

mack…
ahhh, i guess all i can say to that is at least the republicans “inexperienced” canidate is at the bottom of the ticket.

Posted by: tim | September 15, 2008, 6:45 pm 6:45 pm

Not only does Obama not pay his female staffers as much as McCain, but shortly after the primaries during meetings with women’s groups who formerly supported Hillary and were willing to rally the troops for Obama, Obama camp told these women that they couldn’t assure them women would have equal roles in Obama’s Cabinet because they didn’t feel there were enough “qualified” women around to do so!!!!

Posted by: SandyB | September 15, 2008, 6:45 pm 6:45 pm

Dottie,
So, the reduction of earmark waste by Palin that was after the bridge to nowhere got exposed after the Minnesota bridge collapse? Is that why they asked for millions to study seal genetics and crab mating this year?
That maverick that shook things up in the 80′s? Wasn’t that when the last savings and loan fall occurred after deregulations? Woohoo, bring on the mavericks.

Posted by: Mack | September 15, 2008, 6:46 pm 6:46 pm

face it people, no matter who you’re supporting, niether one has a clue about whats happening on wall street!!! they are not economists. they can try to talk all they want, bottom line is that they both have advisors to tell them what all this means. they are senators, not economists.

Posted by: tim | September 15, 2008, 6:47 pm 6:47 pm

there were caveats to what McCain said today and Obama only glomed on to his one line and not the rest of his speech which I guess they didn’t want to hear.

Posted by: Debra | September 15, 2008, 6:48 pm 6:48 pm

They offered him a tenured position, he turned it down. They still referred to him as a professor. YOU might not like it, but guess what….TOO BAD!!!

Posted by: LA in Indiana | September 15, 2008, 6:49 pm 6:49 pm

John McCain is a hypocrite to be talking today about needed government regulation for the financial industury.
McCain voted for the Gramm-Leach-Bliley Act of 1999
Phill Gramm, McCain’s “genius” financial adviser campaign, co-authored the Gramm-Leach-Bliley Act that Gramm had pushed for years with massive financial industry lobbying, destroyed the Depression-era barrier to the merger of stockbrokers, banks and insurance companies.
Gramm was the Chairman of the Banking Committee, he pushed through the “Enron Loophole,” which allowed investment banks to bypass Federal regulations governing futures trading.
The above actions set the stage for America’s current subprime-credit meltdown.

Posted by: Jim | September 15, 2008, 6:49 pm 6:49 pm

Tim,
Good point, it was agreed upon by both Bush and Congress. However,Bush used false information to get the Congress vote. So, it would be interesting to see if Congress was told the truth about no ties to 9/11 and no current program to build WMDs what the vote would have been.

Posted by: Mack | September 15, 2008, 6:51 pm 6:51 pm

obama never was, and never was referred to as a law professor. plain and simple. not that it matters.. lol

Posted by: tim | September 15, 2008, 6:51 pm 6:51 pm

jpt quotes Obama:
““What’s more fundamental than the ability to find a job that pays the bills and can raise a family?” Obama asked, his voice rising. “What’s more fundamental than knowing that your life savings is secure, and that you can retire with dignity? What’s more fundamental than knowing that you’ll have a roof over your head at the end of the day?”

Posted by: Belle Starr | September 15, 2008, 6:52 pm 6:52 pm

so you believe the rest of the free world was lying then too? becase they had the same intelligence as bush had. and they all agreed as well. or was this another right wing conspiracy?!

Posted by: tim | September 15, 2008, 6:52 pm 6:52 pm

He graduated at the bottom of his class, what could he possibly know, other than “the fundamentals of our economy are strong”
YO…wake up John, its time to eat your cereal.
“the fundamentals of our economy are strong”
We know John…we know.

Posted by: LA in Indiana | September 15, 2008, 6:54 pm 6:54 pm

obama never was, and never was referred to as a law professor. plain and simple. not that it matters.. lol
Posted by: tim | Sep 15, 2008 6:51:29 PM
———-
Obama taught Constitutional Law.

Posted by: Nelli | September 15, 2008, 6:56 pm 6:56 pm

la indiana..
if all you’re going to do is make jokes, then just simply tell me why or how you think barack obama is more qualified than mccain on the economy? what has he done that gains him more respect on the issue?

Posted by: tim | September 15, 2008, 6:56 pm 6:56 pm

i said he was never a law professor. anyone care to prove me wrong?

Posted by: tim | September 15, 2008, 6:57 pm 6:57 pm

Biden is saying this in Michigan, a former economic powerhouse destroyed by massive democrat taxing of businesses and the energy crisis, specifically the oil. Obama and Biden do not support drilling, and raising taxes even more for those businesses in Michigan which have overseas factories and such will not help Michigan at all. (part of Obama’s economic plan seems to be raising taxes for all companies which have overseas dealings, which includes the automobile and cereal companies so prominent in Michigan)

Posted by: Alexander | September 15, 2008, 6:58 pm 6:58 pm

Okay, great, but Obama still refuses to even highlight which regulation was a problem, and what would help now. And no, giving $1000 or more to individual taxpayers will not stabilize the markets.
Apparently, no one knows what to do about the economy (including McCain)…
My sense is that there are some things, such as too-clever-by-half investment plans and mortgage contracts, (I don’t pretend to know a lot about how this all came about…) that are likely very difficult to regulate in a free market economy until after the fact.

Posted by: Wade | September 15, 2008, 6:58 pm 6:58 pm

El_Pajaro:
I agree with your post. Why doesn’t everyone just listen to the smart economists and do what they say, whatever that is? Obama doesn’t say anything except how bad everything is and McCain doesn’t seem to know what to do either…

Posted by: Wade | September 15, 2008, 7:00 pm 7:00 pm

ABC = Barry and Biden all the time. Must protect investment.

Posted by: Mack | September 15, 2008, 7:01 pm 7:01 pm

Obama must drop all other lines of attack – forget Palin – and just hammer on the economy. He needs to make voters care only about that issue.
http://www.political-buzz.com/

Posted by: matt | September 15, 2008, 7:02 pm 7:02 pm

Mccaine- the change candidate? Haha. Yes he had changed his position to most of the issues. Don’t trust him at all.
Palin a Wacko? That is a kind word. She keeps talking about Ebay and bridge to no where. She thinks people don’t know the real story. She has convinced her self with her own lies and can’t tell the difference now. She is more than a Wacko.

Posted by: Y | September 15, 2008, 7:04 pm 7:04 pm

Y…
tell me briefly, what is the truth on sarah palin? im one of tose who dont know…

Posted by: tim | September 15, 2008, 7:06 pm 7:06 pm

It takes a certain amount of chutzpah to blame Democrats for deregulation of the banking sector while at the same time claim the Democrats are for increasing government size and regulation.
Let’s be clear here: McCain’s finance adviser pushed this deregulation.
Trusting Republicans to put in place strong regulation is insane. It is the antithesis of everything they believe.

Posted by: johnTX | September 15, 2008, 7:07 pm 7:07 pm

la in indiana..
wow, no reply to the simple question on why obama is more qualified to handle the economy than mccain? man, i would have never guessed that. just another on the left who comes in here and punches and runs…

Posted by: tim | September 15, 2008, 7:09 pm 7:09 pm

tim,
I seem to recall many countries saying if we went into Iraq, we were on our own. Very few countries backed us on Iraq. They did back us on Afghanistan, where it was proved the Taliban supported the terrorist attacks. Our only major backer was Britian, and ask the Brits what they thought of Blair backing Bush’s play in Iraq.

Posted by: Mack | September 15, 2008, 7:09 pm 7:09 pm

During the depression 50% of the homes were in foreclosesure. Today it is less than 5%.
In 1987 the stock market fell 500+ points in one day. That was a 25% drop. Today it fell 500 points, which is a 4.5% drop.
Obama is all doom and gloom – hoping that will get him elected.
He wants to give handouts to those who don’t even pay taxes and kill small business.

Posted by: susie | September 15, 2008, 7:10 pm 7:10 pm

What happened to Barack the optimist? The uniter? Too bad, I would have voted for that guy….but not this guy.
Posted by: Jeremy | Sep 15, 2008 5:47:28 PM
What happened to McCain the “maverick?” Answer that question, Jeremy. Answer it now. And while you’re answering it, please give specifics about what exactly it is that McCain did to earn the title of “maverick.” While you’re at it, give us all the details of what exactly it is that makes Sarah Palin a “maverick.” I’m betting there will be zero response from you because you have nothing to offer other than tired republican talking points.

Posted by: Russell4America | September 15, 2008, 7:10 pm 7:10 pm

tell me briefly, what is the truth on sarah palin? im one of tose who dont know…

Posted by: Belle Starr | September 15, 2008, 7:11 pm 7:11 pm

dan…
you dont get it man!! obama is the man!!! once he gets in there, im totally confident he can fix our economy, get us out of the “republican” debt, and find money to pay for everything he wants to do… oh wait, THAT COULD NEVER POSSIBLY HAPPEN. so which is it for those on the left? do you want to REALLY fix our economic crisis (stop the spending) or spend more to get what he wants? your choice apparently…

Posted by: tim | September 15, 2008, 7:13 pm 7:13 pm

Furthermore, the idea that the laws for regulation are outdated is insane. The truth is that there is plenty of regulation on the books. The Bush Administration’s SEC, FDIC and Fed essentially fell asleep the switch.
Bush is so against regulation that the SEC essentially let the banks ignore Sarbanes Oaxley which led to a lot of this mess.
Make no mistake. The Bush Administration – the Executive branch of this government, is directly responsible for this mess.

Posted by: johnTX | September 15, 2008, 7:13 pm 7:13 pm

“Trusting Republicans to put in place strong regulation is insane. It is the antithesis of everything they believe.”
Well put JohnTx

Posted by: Ryan C | September 15, 2008, 7:14 pm 7:14 pm

Why can’t McCain and Obama get together in a Town Hall meeting and just simply answer the questions that need to be answered instead of all this “back and forth”?
Can Obama debate without his teleprompter? I heard he even took it to the Rodeo today so he could set it up for his speech.

Posted by: susie | September 15, 2008, 7:15 pm 7:15 pm

You’ve got to be kidding, Belle. Sarah Palin is a proven liar time and time again. The only conviction she’s shown any courage in is telling the same lies over and over again until she thinks people will be dumb enough to believe she’s telling the truth.

Posted by: Russell4America | September 15, 2008, 7:15 pm 7:15 pm

As if Obama knows anything about the economy to be criticising MCCain.
Obama is a KNOW-NOTHING with even LESS EXPERIENCE than Palin and he dares criticise Palin or MCCAIN.
And Palin is only running for VP…
Obama is not only a know-nothing, he is also a DO-NOTHING … has not brought about a SINGLE reform in the State Senate or US Senate but has somehow found time to write 2 memoirs.
Palin has brought about much reform and done MUCH in the state of Alaska … What the hell has Obama ever done, except write memoirs, to even dare criticise Palin or MCCAIN.
Obama is the greatest POLITICAL CONMAN OR FRAUD TO DESCEND ON AMERICAN POLITICS …
The Presidency is NOT A JOURNEY FOR SELF DISCOVERY … AND OBAMA IS USING CHANGE TO PROMOTE HIS CAREER … THAT IS ABSOLUTELY CORRECT.
OBAMA CARES NOTHING ABOUT CHANGE AS SHOWN BY HIS RECORD OF NOT HAVING BROUGHT ANY CHANGE ANYWHERE ANYTIME …

Posted by: NOOBAMA08 | September 15, 2008, 7:16 pm 7:16 pm

mack…
thats not what i was saying.. lol you jumped issues on me. you made it seem like you were doubtful that the intel the bush admin. gave to the congress to vote on was not credible. i simply said that the rest of the world agreed with the intel. i said nothing about the rest of the worlds response if we were to go into iraq. you made a typical “bush lied” statement and i just wanted to correct you that if he lied, he did a pretty good job seeing that the rest of the world agreed with the intel we had.

Posted by: tim | September 15, 2008, 7:16 pm 7:16 pm

Tim, the world agreed with the Bush representation fo the intel we had. He did lie, in that he denied the actual facts he was given and substituted his own.

Posted by: Jason | September 15, 2008, 7:21 pm 7:21 pm

russel4america…
simple question for you: what is she lying about and give me your proof?

Posted by: tim | September 15, 2008, 7:22 pm 7:22 pm

“Why can’t McCain and Obama get together in a Town Hall meeting and just simply answer the questions that need to be answered instead of all this “back and forth”"
Because John McCain is not interested in town halls anymore.
His interest stemmed from the free publicity they would generate.
His campaign has basically stated that if they had town halls meetings and McCain was getting the attention he deserved they would not have gone negative this summer.
So basically because Obama would not play their game they feel justified in villifying him to get attention.
That’s how psychopathic this McCain campaign is.

Posted by: Ryan C | September 15, 2008, 7:22 pm 7:22 pm

Obama is a hypocrite. His economic team is headed by two individuals who bilked Americans for millions in compenstation through Freddie Mac and Fannie Mae and Obama himself is Number 3 in receiving contributions from both of these guys. Barack has received 100Ks in campaign money in just a few years. He’s simply on the take from these guys and his faux outrage is nonsense. Freddie and Fannie started this mess here and Obama is only lashing out now because he knows he’s apart of the problem.

Posted by: b | September 15, 2008, 7:23 pm 7:23 pm

jason…
where is the proof on that? what makes you say that?

Posted by: tim | September 15, 2008, 7:23 pm 7:23 pm

Why can’t McCain and Obama get together in a Town Hall meeting and just simply answer the questions that need to be answered instead of all this “back and forth”? Can Obama debate without his teleprompter? I heard he even took it to the Rodeo today so he could set it up for his speech.
Posted by: susie | Sep 15, 2008 7:15:20 PM
Can McCain tell the truth, Susie? Can McCain remember details without Joe Lieberman whispering into his ear? Can McCain hold fast to one position without flipflopping? The answer to those questions is a resounding NO. I encourage all here to research McCain’s voting record on our troops, our veterans, women’s issues, the environment, the economy, etc. Research the issues and what you’ll learn about McCain will anger you, sadden you, and disgust you all at the same time. John McCain does NOT put country first. He puts it dead last. All McCain wants to do before he dies is to be the president. Smart people won’t give him that wish. Smart people will vote for Obama — based on the issues, not lies.
You’ll get your chance to see McCain and Obama debating in 3 televised debates. You need “townhall” meetings too?
If you really put country first, you’ll vote on the issues, and you’ll vote for Obama. A vote for McCain is a vote for destroying the United States.

Posted by: Russell4America | September 15, 2008, 7:25 pm 7:25 pm

“Change isn’t about slogans — it’s about substance.” – Barack Obama
Okay, Mr.Obama where then is that comprehensive economic reform package that you “reached across the isle” in the senate to produce. What’s that? The sound of crickets chirping?

Posted by: b | September 15, 2008, 7:25 pm 7:25 pm

Wanna know who to vote for? Look at your 401k…mine is down by 20% this year. The Republicans claim to be friendly to business. But why does the market suck so bad under GOP (Bush, Paulson) control?
A vote for McCain is a vote for bank failures, bailouts, and depression.

Posted by: Rick | September 15, 2008, 7:29 pm 7:29 pm

“Barack has received 100Ks in campaign money in just a few years”
Obama got maybe $100,000 total from Fannie Mae and Freddie Mac employees.
But hey right wingers have to lie.
Telling the truth causes them to break out in hives or something.

Posted by: Ryan C | September 15, 2008, 7:29 pm 7:29 pm

congress rick. congress.

Posted by: tim | September 15, 2008, 7:30 pm 7:30 pm

“You’ll get your chance to see McCain and Obama debating in 3 televised debates.”

Posted by: Belle Starr | September 15, 2008, 7:32 pm 7:32 pm

simple question for you: what is she lying about and give me your proof?
Posted by: tim | Sep 15, 2008 7:22:05 PM
I guess you haven’t heard: The “bridge to nowhere” Palin claims to have been against, she was actually for it. She actually lobbied hard for it. When it became politically bad for the republicans, she then claimed to be against it. The plane she claims to have sold on Ebay, well, as it turns out, she didn’t really sell that plane on Ebay. The plane had to be sold by the state, and the state lost money on it to the tune of $600,000. How about that cook she claims to have fired, you know, the one in the governors mansion–as it turns out, she didn’t fire that cook at all, she just changed the woman’s title, yet kept her at the mansion, cooking. Were you aware that Palin is being investigated for ethics violations in Alaska? Did you know she tried to get her ex-brother-in-law fired from the Alaska state troopers, only to have the troopers say thanks but no thanks to her demands that he be fired? Did you know that Palin was censured by the court because she was harassing her ex-brother-in-law?
I think, and republicans would be lying to deny this, if Sarah Palin was a democrat, for the lies mentioned above alone, republicans would tear Palin to shreads.
I’m asking you and everyone here to really put country first. To quit defending these shames to democracy that McCain and Palin are.
These are indeed dangerous times for our country. We need Obama now. We need the change his presidency will provide. Vote Obama.

Posted by: Russell4America | September 15, 2008, 7:33 pm 7:33 pm

“I think the tone of this whole campaign would have been very different if Senator Obama had accepted my request for us to appear in town hall meetings all over America,” John McCain.
Brian Rogers “We ran a different kind of campaign and nobody cared about us. They didn’t cover John McCain. So now you’ve got to be forward-leaning in everything.”
See, the McCain campaign couldn’t get traction with a media still jazzed about Clinton vs Obama. They needed Obama to bring some spotlight their way. So they resorted to gutter politics. And in some degrees that has worked, so why stop now.
Obama offered to have a debate July 4th.
McCain said no.

Posted by: Ryan C | September 15, 2008, 7:35 pm 7:35 pm

Mack,
Your guy isn’t admitting there is a problem occuring – he is saying that the FUNDAMENTALS of our economy are NOT strong. Problems can be fixed. Maybe both of you don’t quite know what fundamentals mean! And yes – BHO is unpatriotic in my eyes, and he will run America into the ground. He was supposed to bring the country together, his mantra was hope – I have never seen America more divided, and where is the hope! McCain believes America is already a great country – BHO believes America is a mean-spirited country and he has to make it great! NOBAMA, please!

Posted by: Beckie | September 15, 2008, 7:36 pm 7:36 pm

“I guess you haven’t heard: The “bridge to nowhere” Palin claims to have been against, she was actually for it.”
She said she killed it which she did. She never said that she was never for it. Sheesh. Words matter.
By the way, Barack voted and supported this earmark until it was killed off – by Gov. Palin. But it’s not like ABC News will ever report that….

Posted by: b | September 15, 2008, 7:39 pm 7:39 pm

John McCain says that he will end golden parachutes for CEOs…but one of his own economic advisors, Carly Fiorina got a HUGE bonus, even though she was fired from HP. John McHypocrite at it again!

Posted by: Rick | September 15, 2008, 7:39 pm 7:39 pm

russel…
ok, first off, the only issue that you put up there that remotely has any relevance on a vote would be the bridge to nowhere. and i dont think she did anything wrong. the plane she sold(because she actually wanted to save money and not waste it, hard to imagine i know) didnt lose money. read the facts, dont spread rumors. they werent trying to MAKE money on it, just to get rid of it. cooks?! you’re seriously going to talk about her cooks as a voting issue! not even worth a reply. these are all idiculous claims, and lets be honest. the left just HAS to have something to pick on and if this is the best you can dig up on her then i say, she has done good. but just let me ask you this… what do youfeel about all of baracks baggage and scandals he has had in the past? they are actually issues that can be used to judge his character? im sure you arent bothered by any of these that are PROVED to be correct?

Posted by: tim | September 15, 2008, 7:40 pm 7:40 pm

Actually according to some reports, she didn’t even kill it. It is still going on – albeit in a much smaller form – with some of the funds from the federal government.

Posted by: johnTX | September 15, 2008, 7:46 pm 7:46 pm

“She said she killed it which she did. She never said that she was never for it. Sheesh. Words matter.”
I told Congress Thanks but no thanks on the bridge to nowhere, if Alaska wanted the bridge we would build it ourselves.
Several lies in this one done ad naseum but since right wingers have political amnesia, it becomes necessary to repeat
a) She was supportive of the bridge until 2007 even campaigning partially on that support for Gov in 2006.
b) She did not return the earmarked funds. They were instead (with Congress’s permission) for other transportation projects.
c) Upon having most of the funding pulled for the bridge by Congress, Palin killed the bridge.
So “thanks but no thanks” was a lie because she supported it and took the money anyway and the 2nd part of her quote was a lie because the moment the fed earmark was gone so was the bridge.
Other lies told by her include “I have nothing to hide and will fully cooperate with this investigation”

Posted by: Ryan C | September 15, 2008, 7:48 pm 7:48 pm

ok, first off, the only issue that you put up there that remotely has any relevance on a vote would be the bridge to nowhere. and i dont think she did anything wrong. the plane she sold(because she actually wanted to save money and not waste it, hard to imagine i know) didnt lose money. read the facts, dont spread rumors. they werent trying to MAKE money on it, just to get rid of it. cooks?! you’re seriously going to talk about her cooks as a voting issue! not even worth a reply. these are all idiculous claims …
Posted by: tim | Sep 15, 2008 7:40:34 PM
What’s wrong, Tim, is that SHE LIED ABOUT IT. Tell me, honestly, if she were the dem nominee, wouldn’t you pick her to pieces over the fact THAT SHE LIED? Be honest. Anything to the contrary would be a lie, and you know it. We have had enough lies for the last 8 years. Doesn’t it seem curious to you that all we hear from McCain and Palin are attacks and lies? Doesn’t that make you think that’s all they have to offer? Are you truly happy with our country for the last 8 years? Think it will be any better under McCain? This is our country for God’s sake. Yet all we do is bicker over stupid things like lipstick on a pig (yet another typical republican distraction tactic). Love your country first. This is too important a vote to waste on McCain, someone who will just finish the job of putting this country in the toilet.

Posted by: Russell4America | September 15, 2008, 7:48 pm 7:48 pm

If McCain wins, it is the absolute death of this country… 8 years a go when Bush-Chaney-McCain took office, we were a wealthy, prosperous, and economically solid nation… After 8 years of disastrous policies, we are on the verge of bankruptcy. The people are broke, the airlines are broke, the automakers are broke, the banks are broke, the financial institutions are broke, and the GOVERNMENT IS BROKE. If Bush-McCain win again, we have no where else to go, but into our graves. IT IS THAT SIMPLE!!!!

Posted by: John | September 15, 2008, 7:49 pm 7:49 pm

Obama being a threat to our country? How stupid. You think he played President while in Iraq? What about McCain & Georgia? Since his lobbyist for Georgia/campaign advisor was still lobbying for Georgia while involved in McCain’s campaign-McCain acted like HE was the President. He (and his lobbyist advisor) have a wonderful relationship with Georgia. It’s no wonder he had the reaction he did against Russia. Do you really think McCain would be reluctant to send our troups into Georgia, Russia, Iran, etc.? According to Palin-not even blink first. That’s frightening.

Posted by: Debbie | September 15, 2008, 7:55 pm 7:55 pm

Why is the media so bias towards Obama?
There is something very wrong in our society when the media selects a candidate as a favorite.
Have we not learned from history where such blind worship leads? …
Posted by: Julie Alton | Sep 15, 2008 7:58:12 PM
Media bias TOWARD Obama? In case you haven’t been around this year, all I’ve seen is Obama unfairly attacked over something as ridiculous as using a coloquialism as old as the hills (lipstick on a pig). Obama, and his wife, have been picked to pieces by the media. Get real. Everyone here has seen it and heard it, so you’re republican talking point about how the media is being unfair to McCain is bogus, and you know it.
One can only hope voters have learned from history where blind worship leads. Blind worship lead to George Bush. And look at what that did for our country. Don’t let blind worship of the republican party do the same for us by electing McCain.
Put country first! Vote for Obama.

Posted by: Russell4America | September 15, 2008, 8:04 pm 8:04 pm

Ron Paul knows economics. He predicted this state of affairs YEARS ago. Google it. There is also a video of him speaking on the House floor in opposition to the Iraq War BEFORE IT BEGAN. His words are chillingly prophetic. Google it. Facts are facts.

Posted by: Neo | September 15, 2008, 8:14 pm 8:14 pm

Tim,
If our intel was so great, why would the other countries not support us in Iraq as they did in Afghanistan?

Posted by: Mack | September 15, 2008, 8:33 pm 8:33 pm

Economic risk.
In contrast to Obama’s economic record of…..of….of…..of……of…

Posted by: drjohn | September 15, 2008, 9:07 pm 9:07 pm

JOHN MCCAIN during the banking and housing crisis:
“The fundamentals of the economy are strong.”
HERBERT HOOVER during the Great Depression:
“The economy is fundamentally sound.”
McCain just doesn’t get it. Vote Obama.

Posted by: VoteObama | September 15, 2008, 9:43 pm 9:43 pm

Todays financial crisis can be traced to:
In 1999, President Clinton signed the Financial Services Modernization Act, which tore down Glass-Steagall’s reforms by removing the walls separating banks, securities firms and insurers. (which was created after the bank failures that caused the great depression)
Under President Clinton and his successor, the government became eager to promote home ownership. Interest rates were low, the market grew for loans to borrowers with weak credit and private-sector mortgage bonds boomed. About 38 percent of those bonds were backed by subprime loans. They are at the root of today’s financial crisis.
src: McClatchey
Bill Clinton also gave China “most favored Nation” status, a noble cause that even republicans like Newt Gingrich agreed with, as constructive engagement. However, it can be argued that the playing field is not fair and Chinas importing to the US of cheap sweat shop goods, US companies moving jobs overseas in order to compete, and the resulting Chinese appetite for petroleum to support the resulting 10% plus growth, have contributed heavily to todays high fuel prices. More of our own consumer driven madness contributing to our economic decline.

Posted by: FactOid | September 15, 2008, 10:13 pm 10:13 pm

Herbert Hoover
Ronald Reagan
George W. Bush
What do these men share in common?
They all left office with a massive
debt for the incoming president.

Posted by: Leonard Peltier | September 16, 2008, 8:12 am 8:12 am

FactOid,
If, in fact Clinton is responsible,
The Republicans with their insight into
such matters had 8 years to remedy the situation and they failed to.
So what is your argument for allowing them to continue doing what they always do?
Hoover, Reagan, Bush II

Posted by: Leonard Peltier | September 16, 2008, 8:14 am 8:14 am

The fact that Palin is still flaunting her “fighting” of the Bridge to Nowhere even when all the news media, conservative or liberal, have all cast considerable doubt on it makes me wonder what on earth they are thinking.
And McCain still scarily believes in the same economic policies Bush has supported-even with the effects of it finally being seen.
Look, we are already in a debt running into trillions over the Iraq war, because Bush thought we could wage a “cheap” war (he left out the part that China and some other countries were picking up the tab for now-but charging interest and are one day going to ask for bill). And now because of these disastrous policies, the economy is literally in pieces.
McCain himself may not be able to finish his term-I am not wishing him ill-but at his age and the fact that he has had brushes with cancer are concerns. This is considerably more so looking at who will take over him should that happen-Palin, who is shaky on foreign policy and left Wasilla swimming in debt over a sports hall-anyone want to bet what she will do to the economy?

Posted by: Grey Matter | September 17, 2008, 8:39 am 8:39 am

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