Obama Sees McCain’s Unrealistic Proposal, Raises

I’m sure they are huddled around a mound of burning campaign cash brain storming their answer, Jake.
Let’s see if the pattern holds. When Obama is ahead, he gets sloppy. When he gets behind, he pulls the race card. Meanwhile, anyone can say anything about Sarah Palin and as he did with Clinton, he puts his chin in the air and says nothing.
2008: The year when sexism trumped racism because holding women down is what men do to stay on top and keeping other women out is what women do to stay on bottom.

“Today, Presidential candidate John McCain demonstrated real leadership in his announcement to temporarily suspend his Presidential campaign to return to Washington D.C. to work toward a bipartisan solution to the nation’s current economic situation. ”
Real leadership?
Do you think if his poll numbers weren’t cratering and his “Obama has ties to Fannie Mae” attack didn’t blow up in his face they would be doing this?
McCain wasn’t even going to VOTE on the bailout as of this morning.

You put the least qualified candidate on your ticket, a candidate who did not even know that Fannie Mae and Freddie Mac were not agencies on the ticket, and you want the American public to vote for the McCain-Palin ticket.
That’s ridiculous – country first??
Not when that reflects your judgement for your first decision as candidate for President w/any consequence.
You’ve got to be kidding.

I don’t think this is a realistic plan but I don’t think they should get a dime of tax payers money.
As for McCain suspending his camp…I’m guessing he took a notice to his poll numbers.

How come Obama called McCains camp this morning at 8:30 – long before mCSame thought to do anything – he is behind in the polls and wants to look like he knows how to do something – only he cannot mutlitask and so can’t handle the debate Friday…BTW – exactly where does McCain sit at on the treasury?

I think it’s slightly bizarre that there’s even a question over whether an executive at a company that has failed so spectacularly it needs a government bailout should get a bonus.
Of course they shouldn’t. It’s ludicrous that it’s even an issue. Bonuses should be reward for hard work and success, not for turning up and presiding over abject failure. I mean, I have no objection to people making large amounts of money, but I would prefer it if they didn’t make it for, frankly, sucking at their jobs.
Actually enforcing that would be difficult though. If the government aid was ring-fenced (or firewalled as Jake puts it) so it couldn’t be used for bonuses, the companies would just do it indirectly – take some money out of their own funds to pay bonuses, then spend the aid replacing the funds they just used.

Obama was clear that he did not want Bailout money used for golden parachutes and that those salaries did need to be reviewed. He also understands that by being to harsh on those salaries you push the experts out of the industry.

“As opposed to Obama’s “let’s wait and see” plan to determine what position he’ll take this hour, only to end up doing nothing as usual, and then jumping on the bandwagon when McCain’s help is effective?”
Emm,
Both candidates have essentially the same plan.
Obama’s has been part of his overall economics plans for most of the primary. McCain whipped his up this week after floundering about.
McCain cosponsored a bill in May of 2006 dealing with mortgage crisis.
Obama authored & intro’d a bill in Feb 2006.
Obama has been talking about this crisis far more than McCain has.
Congress began working on the bailout Monday amid great acrimony.
The differences between Mon and Wed are McCain’s poll numbers (including those on who would better handle the economy) are cratering and his attack on Obama for Fannie Mae/Freddie Mac blew up in his face.

When John McCain is elected President, please coordinate your schedules because he will be busy running the country, unlike Obama who either has a fantasy plan that can’t be accomplished or has no plan so he waits until McCain’s plan proves successful and then claims it was his plan all along.

This idiot Obama just said that in 40 days either he or McCain would be responsible for the economy. So now November 6 is Inauguration Day?
Is there even a full brain between Obama and Biden? They’re in a contest to see which one can make the dumbest statements!

Well generally people who apply for welfare don’t make seven figure salaries. They should have their pay suspended immediately. They should be lucky to not end up in preison. A pay cut is the least of their worries. If they lose some of their multimillion dollar residences, oh well.
I think it would be better to leave these institutions alone and give every American household 10,000.

The prodigal son returns. John McCain has announced that America is finally confronting a crisis that he doesn’t feel he can be absent for.
Some fun facts about John McCain: Of all Senators, John McCain has been the most absent. There have been 643 votes taken in the current Senate session: McCain has missed 412 of them.
McCain has not voted in the Senate since April 8th. Since March, he has missed 109 of the last 110 votes.
He missed votes on the GI Bill, energy policy, and in 2007 he missed “all 15 critical environmental votes in the Senate” — giving him a 2007 rating of 0% from the League of Conservation Voters. Zero percent? I don’t think that’s fair. I think they should have given him an “incomplete”, and told him that he had to stay for summer session if he wants to graduate from the Senate.
So welcome back, John McCain. If I were the Senate Democrats, I would now completely rejigger the Senate schedule in order to put things up that America would really, really like to see John McCain cast a vote on. It seems the least we could do.

Bee and Dee
If you are worried about your mortgage, don’t even think about bankruptcy. Seems Biden killed your chances when he decided to favor banks instead of consumers.

Ryan C,
Hahahahaha, you’re too funny. John McCain speaks out in support of a bill that might have actually prevented this disaster from happening (Regulation of GSE’s) and what do you respond with? “Well Barry authored up a bill on MORTGAGE FRAUD”. The problem isn’t fraudulent practices, a sub prime loan is not fraudulent.

J
this is a complete political stunt, after obama suggests they release a joint statement mccain realizes his only chance is to act out first and act like he came up with this idea
and bringing both campaigns to the hill would not do anything to speed this up
this is just a political stunt because mccain is failing in the polls
why cancel teh debates, why do the debates have anything to do with this?
that is the proof that this is a political stunt
wow pathetic
he should just suspend his campaign for the presidency
doesnt cast a vote in 4 months and suddenly when the bill is almost done he calls to fix it
cmon, sucha joke, what a joke

Yah, blame McCain’s past 8 years of votes as the main cause of today’s crisis. Can’t even respond to this one it’s so ridiculous.
Of course the MSM is jumping on the “suspend the debate” suggestion because it would mean their Friday night McCain bashing followup reports would have to be postponed until Monday???? and they wouldn’t have anything to whine about all weekend so they’ll be scrambling for material since Obama will be “here if ya’ll need me” instead of actually helping.
Geez, he just asked to postpone Friday, not suspend the entire debate schedule. Ya’ll jump from A to Z more times than Obama can say “uhhhhhh.”

if the bailout costs each person in the country $2300, then each person in the country should get $2300 worth of stock in these companies in return. We should also have oversight on how much money the crooks/idiots in charge of them make, and absolutely tie their compensation to increasing the value of that stock.

“They kept them out of the CA primary”
True enough. California is a tough state for any conservative to win even in the Republican party. See Scwarrrtzzenaagarr. (sp) New Hamshire really took the wind out of Romney’s sails. Next door to Mass. he should have won easily but didn’t. He won every county if you count only the Republican vote. It was a tide turner.
Would it have changed CA in Romney’s favor? Probably not but you never know. NH saved McCain, it turned his entire campaign around and the money started flowing.
Anywho, I’m sure there are a lot of Republicans with buyer’s remorse these days. Oh well, buy gold and head for the hills!

for someone who tried to downplay the clinton white house years, and demonize bill and hillary clinton.
has anyone else noticed how on the economic team, obama has surrounded himself with the people bill clinton carried to the white house?
where is the change?
where is obama’ new blood people/
he beat the clinton’ on the promise to the people he has fresh and new.
and then turns around and hires all the clinton people.

Dear Steve,
I beleive the Bankruptcy bill you criticized Biden for was also passed by the GOP controlled congress and signed by the GOP President. You are not trying to distort reality are you?

Gawd, I can’t believe how ignorant the writer(s) of this post are. The same goes for Barack Obama, unless (of course) he spouts this nonsense for political purpose.
Having written executive compensation contracts for years, I can tell you that these are terms and agreements that are made in conjunction with the hiring of the top 5 office holders.
Many of these executive leave other places of employment in order to be hired by the receiving company. The terms and conditions of employment in the new company reflects the compensation offset lost from the prior employment.
Such considerations include: deferred compensation (old employer v. new), the marketplace or salary of similarly placed incumbents, etc.
Can Congress claw back some of this compensation? Possibly, particularly any performance based pay components.
But Obama shows complete ignorance in suggesting he (without thorough legal investigation of each pay package) can avoid paying these individuals not one dime.
Clearly Obama is playing to the audience (as he did in Berlin, etc. etc.) in effect a poser.

OBAMA JUST CALLED McCHICKEN’S BLUFF!!
Obama says the debates are on and the campaign continues!!!
You can’t run away and hide McCain, the American people see your attempted political stunt for what it is!!!
NO TIME OUTS FOR YOU!!!!

I think it is totally reasonable to specify how our taxes are going to be spent.

and exactly how many times did obama back down from hillarys challenge to debate? i lost count. at least this time it is being done for a valid reason which is to return to doing their jobs.
MYES MULTI TASKING IS PART OF THE JOB BUT SO IS PRIORITIZING ON BEHALF OF THE COUNTRY.

Bet Sarah Palin is sorry she accepted now.

THIS IS LEADERSHIP
McCain makes a statement & runs
Obama makes a statement & stays to answer tough questions.
A candidate Obama or president doing more than 1 thing at a time “We got big airplanes”

“He needs to man up and do the debate”
This from a supporter of the guy who was too afraid to appear with McCain at Saddleback, and too afraid to have joint town-hall meetings where he couldn’t depend on his sycophants in the press.
Obama is afraid to do anything if his knee-breakers aren’t around.
Why is this effeminate thug so anti-war anyway? Based on his campaign, you would think he’d have a pink knife in his teeth at every opportunity.

On Obama, you have a valid point. What are the constraints?
But everybody seems to be avoiding another obvious point. Ever since my corporate days, I’ve been hearing that if government were run like a corporation – we’d all be in much better shape. For decades I’ve been hearing this BS mantra from the John McCain types. Except I worked in the private sector – for the company that automated AIG and I always thought: are you out of your mind? These fools are clueless. So now we have to pay for their cluelessness? Or rather, we have to pay, our kids have to pay and our grandkids have to pay. And to add to it, we are taking another step towards nationalism? As in communism? If it didn’t work in the Sovier Union, why in the heck are we trying it here?

I’m appaled at some of the things people have said here. There are many ignorant and racist people in this country. It is a fact, please deal with it. Each presidential campaign ends up being a popularity contest, not about concrete and substantial facts and issues. IT IS OBVIOUS THAT THE REPUBLICAN LEADERSHIP HAS FAILED THIS COUNTRY. Senator Barack Obama and the democrats have convinced me that they at least have an alternate plan to the reckless approach the current administration has taken. How can anyone in their right mind continue to put a republican in office while we are fighting 2 wars, our young men and women dying, and our economy has crashed
Please wake up and do not be scared of change. Racism has no place in this country. Speak to young americans and you will find out that racism can be overcome

Obama is right a president needs to be able to multitask, not do one thing at a time, McCain was just hoping Obama would follow his lead, so he would come out on top, well guess what it didn’t work!

seems pretty clear to me, Jake, that Obama doesn’t want executives walking away with windfall profits / bonues in the millions, as usual, with our tax bailout dollars.

What are they going to do for the Americans who have already lost their homes? Those people living in homeless shelters, tent cities, or who have to start all over again? These people and their children will suffer greatly, the parents credit have been destroyed. Do they get their credit restored like the big banks who prayed on them?? I think the government should go after the CEO’s and the SMART people not only take the bonus money, but take the homes,cars,yachets,summer homes, pensions and apply their money to this bailout. And any person knowing this was going on and didn’t report it, or tried to mislead the American people about the shape of the economy should also lose everything they have or will have including President Bush. How about that new retirement home he built that should put a dent in this debt he is expecting the American people to pay for through our hard work.

Using the pretext of helping the poor home owner or homeless: Who are qualified and who are not? Where is the crossing line?
1. The healthy and strong young men going around asking for free money at every joint in the broad daylight while there are plenty of $8-$10 jobs right in front of them? I am tired of them. Not a penny for them anymore.
2.Those who can’t afford but buy expensive houses and now waiting for bailout? Living in Washington DC areas, I saw plenty of those greedy people driving flashy cars. Many even bought more than one houses paying interest only. I am supposed to bail them out as they are facing foreclosure??
It makes one puke to read ; “I want to help those who are facing foreclosure.”
God, Devil and the liars themselves know that is the truth.

Obama is the One who will heal our country and undo the years of wrongs by making people truly equal.
McCain can say anything he wants but he and the Republicans are through.
“We are the ones we’ve been waiting for. We are the change that we seek.”
- Barack Obama, Super Tuesday