Our First President With an MBA
"I had dabbled in many things, but I had no real idea what I wanted to do with the rest of my life when I arrived at Harvard Business School. ‘Here you are at the West Point of capitalism,’ the taxi driver said when he dropped me off, and he was right. Harvard gave me the tools and the vocabulary of the business world. It taught me the principles of capital, how it is accumulated, risked, spent, and managed. I was fascinated by the case-study method that Harvard used to teach. I was intrigued by the variety of cases and the course work involving international finance, marketing, and capital markets…I studied, and ran and rode my bike a lot. I was there to learn, and that’s exactly what I did."
- then-Gov. George W. Bush, Harvard Business School class of 1975, in his 1999 book A Charge to Keep: My Journey to the White House.
– jpt
Email
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Mitt Romney's Full Speech at CPAC 2012
Harvard must be so proud.
If only he had read the homework he turned in.
Posted by: Leonard Peltier | September 21, 2008, 10:17 am 10:17 am
Not good Advertisement for Harvard
Posted by: Thinking | September 21, 2008, 10:21 am 10:21 am
Outstanding! A Harvard grad? Wow talking about the Ivy league!
Jen
Posted by: Jenny Wilson | September 21, 2008, 10:24 am 10:24 am
Jenny
People that don’t have rich daddies go their to make something of themselves.
Posted by: Leonard Peltier | September 21, 2008, 10:26 am 10:26 am
They are going to get the government off your back, yea, so they will have no over sight and can move in and steal you blind. That my friends is true Republican economics 101. They live it they believe it and they have buffaloed you idiots into thinking the democrats are the crooks when they were picking your pockets the whole time.
Posted by: Ernest T Bass | September 21, 2008, 10:27 am 10:27 am
Lots of deregulators have MBA’s
THEY make money from deregulation…
even if it stalls the world’s economic engine.
that’s the problem
they say the rich are the trickle down engine of our economy…
when actually the opposite is true
the middle class economic engine drives the jobs.
not the other way around
it’s a talking point they used to get us to give them money …
prioritize them
and get us in this mess.
throw these bums out.
Posted by: dl(the real one) | September 21, 2008, 10:28 am 10:28 am
That book must have had a ghost writer becasue that hardly sounds like dubya talking. I guess in any case he didn’t learn very well.
Posted by: don | September 21, 2008, 10:29 am 10:29 am
What the Republican party forgot when they deregulated everything under Phil Gramm’s legislation was the principal of “In God We Trust, Everyone Else We Audit”. You don’t open the hen house door and throw a fox inside and expect egg production and chicken dinners to be avalible.
Posted by: polarbearkiller | September 21, 2008, 10:31 am 10:31 am
Just another reason that shows…
you can do anything if your father is connected.
Posted by: dl(the real one) | September 21, 2008, 10:32 am 10:32 am
Money never trickles down it is always sucked to the top like a hoover vaccum.
Posted by: texmexborderjumper | September 21, 2008, 10:34 am 10:34 am
Bush must’ve gotten an ‘A’ in cronism.
Obama/Biden 08!
Posted by: Common Sense | September 21, 2008, 10:34 am 10:34 am
If I were Harvard, I think I would seriously consider revoking his MBA. I suspect Bush was one of those students that crammed the information so he could spit it back out and then promptly forgot it so he could cram more infomation in for the next cycle.
Does anyone know where I can get a bumper sticker saying, “My kid DIDN’T go to Harvard”?
Posted by: Catherine | September 21, 2008, 10:35 am 10:35 am
Bush = Obama
Bailing out the wealthy with the money from lower and middle classes.
Obama is supporting socialism alright – socialism for the WEALTHY.
Why is McCain the only one who understands it’s not the jobs of the average American to bail out the wealthy when their greed destroys them.
Do you know how much the Lehman heads are taking away after bankrupting their company due to over-leveraging????
Posted by: JA | September 21, 2008, 10:36 am 10:36 am
Only republican running for president worth a damn -> Ron Paul.
The rest have been part of the problem. Dems suck too by the way. A great majority have contributed to this mess as evident by their voting records.
Posted by: Ben Straub | September 21, 2008, 10:37 am 10:37 am
This issue is the one thing that I think the pols might be most afraid of, because other than the few people who have just walked away with all of the money, this issue transcends party lines and I suspect they are scared to death that we will figure that out.
Posted by: Leonard Peltier | September 21, 2008, 10:42 am 10:42 am
ush = Obama
Bailing out the wealthy with the money from lower and middle classes.
Obama is supporting socialism alright – socialism for the WEALTHY.
Why is McCain the only one who understands it’s not the jobs of the average American to bail out the wealthy when their greed destroys them.
Do you know how much the Lehman heads are taking away after bankrupting their company due to over-leveraging????
—————————————-
JA, isn’t it a little early in the day for whatever it is that you are abusing?
Posted by: Leonard Peltier | September 21, 2008, 10:44 am 10:44 am
Leonard,
Address the facts rather than hurl insults.
Obama = Bush = bail out the wealthy when their greed almost destroys them.
Open your eyes. Obama has been bought and paid for by Fannie Mae (Jim Johnson), hedge funds, financial firms.
Posted by: JA | September 21, 2008, 11:03 am 11:03 am
McBush has shown that he could never
fix the economic Problems of this
Country because he was instrumental
In the creation of the problems ..
and he goes around The economy is
basically Sound … and in hours
we are in serious condition on
the Banking front…
Straight to the Poor House Express
Do Not collect a 300 dollar rebate check
Posted by: Anita Yova | September 21, 2008, 11:10 am 11:10 am
Bush and his cronies are completely responsible for this as well as all the other disasters we have and will face in the near future. Doesn’t anyone remember when he called for everyone to be able to own their home. He encouraged the easing of financial markets in order to fleece America.
Posted by: J | September 21, 2008, 11:30 am 11:30 am
dl,
You do know that Obama has a JD from Harvard, right? The difference being he didn’t spend those years on his bicycle.
Posted by: Leonard Peltier | September 21, 2008, 11:34 am 11:34 am
JA,
The FM’s are so tight with the McCain Campaign that a former FM Admin. saw a photo of the McCain campaign team and said that it used to be his group.
I’ll hold off on the insults if you check the facts a little closer.
Posted by: Leonard Peltier | September 21, 2008, 11:36 am 11:36 am
JA,
Also, when it comes to greed nobody can match the Business Class, if you get my drift.
Posted by: Leonard Peltier | September 21, 2008, 11:37 am 11:37 am
Let’s see: George Bush is to Obama as Deval Patrick is to Joe Biden.
Vote for Palin — the only one of the candidates who didn’t have the corporate skids greased for her from prep school on.
Posted by: Belle Starr | September 21, 2008, 11:44 am 11:44 am
Bush rode the coat tails of his daddy all his life. He has ruined America in so many ways and on so many fronts.
Can’t wait to see him leave office. He seems hellbent on unleashing as much destruction as he can before that happens.
Posted by: Mike | September 21, 2008, 11:44 am 11:44 am
The book was most likely
written with help from a
ghostwriter.
He certainly didn’t learn
anything at the Harvard
Business School. Take a
walk down Wall Street.
Posted by: anon | September 21, 2008, 11:50 am 11:50 am
“Bush rode the coat tails of his daddy all his life.”
Posted by: Belle Starr | September 21, 2008, 11:53 am 11:53 am
Obama plans to give billions more to foreign countrys.
Posted by: Dan | September 21, 2008, 11:59 am 11:59 am
Failin’ Palin’s moose-shooting
experience may qualify her to
start a war with her neighbors
- the Russians- with guidance
from her running mate John McCain
a self-syled war strategist.
Posted by: anon | September 21, 2008, 12:04 pm 12:04 pm
In this week when when we are all being asked to have faith in the system and there is fear of a run on the banks, one group of citizens is actually being forced to divest themselves of a % of their investments in order to pay taxes.
I refer to those of us who will reach the age of 70.5. Out 401K’s, IRA’s, 403b”s et al which generally have been invested for quite some time a percentage are now due for tax payments deffered earlier.I would be quite happy to leave my money invested ( after all the market us way down) I am not against paying taxes ( I agree with Joe!) but doesn’t it seem a contradiction to have those of us on fixed incomes to cash in our life savings at th worst time in the market for some time and at a time when the Govt is afraid of liquidity in the reatil banking market.
Perhaps this is where a delay in the implemnentation of this tax law might help the economy and a fair sized number of the population ( a growing one by the way!
Posted by: wazzack | September 21, 2008, 12:14 pm 12:14 pm
Did he mention that he only got into and through school because his dad was a famous Admiral, and that he graduated fourth from the bottom in his class of almost 900? That everyone looked the other way when he screwed up repeatedly because daddy was such a bigshot?
Oh, wait, that’s McCain. Different silver spoon. My mistake.
Posted by: Tungsten | September 21, 2008, 12:22 pm 12:22 pm
Dan sez:
Obama plans to give billions more to foreign countrys.
—————————————–
How so?
Another war? – i doubt it.
Obama would be looking for a return on investment, not an ideological outcome of global American Democracy.
Posted by: Leonard Peltier | September 21, 2008, 12:23 pm 12:23 pm
A trillion dollar no-good
war for nothing.
A trillion dollar bailout
of Wall Street firms the
govt failed to regulate.
The Republican party should
disband itself and go out of
existence.
Posted by: anon | September 21, 2008, 12:23 pm 12:23 pm
Belle Starr sez:
Vote for Palin — the only one of the candidates who didn’t have the corporate skids greased for her from prep school on.
—————————————–
When McCain can no longer function in office for one reason or another, do you really want Palin as CinC or deciding our economic fate??
Really???
Posted by: Leonard Peltier | September 21, 2008, 12:25 pm 12:25 pm
Yes, I’ll take Palin in charge.
Posted by: Jo | September 21, 2008, 12:41 pm 12:41 pm
Obama stands by ready for the US to pay a global tax to end poverty around the world.
Say No to Obama. Say yes to America.
McCain/Palin ’08
Posted by: Jo | September 21, 2008, 12:43 pm 12:43 pm
Income tax socializes profits…….when profits are socialize then loses are next…. stop the bailout by stopping the income tax…
I’m All For It, About Time My Tax Money Is Used To Help Me. I”ve paid over a million dollars in taxes and I want it all back with interest and bailing out bankers will help me keep my investments… after all, the government owes me a million dollars plus interest, unlike others who never paid a dime in taxes and gotten everything paid by my tax dollars….
Posted by: fred | September 21, 2008, 12:45 pm 12:45 pm
This proves that academic credentials really do not matter especially when you are the children of the elite, like Bush and McSame, who manage to get into those institutions through the influence of their families. It is all about connections and it’s just the same today as it was then. Get your folks to contribute and you can be have your place reserved even if you are at the bottom of the class.
Posted by: Karen | September 21, 2008, 12:47 pm 12:47 pm
A J.D.?
So what if Obama knows how to file a lawsuit?
All this means is that he should have ran for state attorney general.
After all, we don’t need a president, who knows how to file a lawsuit.
Why? Because there are already too many lawyers in the U.S.
Besides, what we really need is a president with military and federal government experience.
Rookie U.S. SenatorObama has zero military experience, and he has only 3 years of federal government experience.
Compared to John McCain, Obama is still wet behind the ears.
Posted by: USmarine0331 | September 21, 2008, 12:52 pm 12:52 pm
Jo and dl,
If only we could each have our own alternate reality.
Posted by: Leonard Peltier | September 21, 2008, 12:53 pm 12:53 pm
Obama owes plenty to his corrupt crook politician friends back in Chicago.
You can’t clean up ANYTHING when you come from that background.
President McCain – get good and use to it.
Posted by: Jo | September 21, 2008, 12:54 pm 12:54 pm
USmarine0331
The two greatest wartime presidents in our history had NO military experience.
Abraham Lincoln
FDR
One from each party.
Posted by: Leonard Peltier | September 21, 2008, 12:54 pm 12:54 pm
Word is McCain’s got some great Rev. Wright ads coming out soon. There’s one video of Obama making a speech at a college graduation where he thanks Rev. Wright and goes on and on and about how close they are!!
Can’t wait. Remind Americans who Obama is and who his friends are.
Stick a fork in Obama — he’s done!
Posted by: Jo | September 21, 2008, 12:55 pm 12:55 pm
And Lincoln was a lawyer as I recall.
Posted by: Leonard Peltier | September 21, 2008, 12:55 pm 12:55 pm
“Bush rode the coat tails of his daddy all his life.”
Posted by: Bri | September 21, 2008, 1:05 pm 1:05 pm
Who would have ever thought that a Republican MBA would have led us down the path to socialism? Karl Marx’s head is probably spinning in his grave right now
Don’t forget we fought major wars to prevent this type of government from happening in the world. Hugo Chavez is probably having a champagne brunch right about now, laughing at the nation that elected George Bush as its “leader”.
How about some crumbs, like health care, for the rest of us. For sure, we cannot afford it now. Why bother to vote for Obama, he will preside over a useless administration. Same thing with McCain, come to think of it.
It’s time to bring Hillary back.
Posted by: WestCoastMessenger | September 21, 2008, 1:12 pm 1:12 pm
We need engineers to run the show.
Posted by: Ben Straub | September 21, 2008, 1:12 pm 1:12 pm
In Washington, on Wall Street,
in Iraq – this klutz and his
policies are a calamitous failure.
Posted by: anon | September 21, 2008, 1:13 pm 1:13 pm
The big oil and big business
deregulators Bush and McCain are responsible for the financial earthquake on Wall Street.
McCain should drop out of the
contest and make his concession
speech at the opening of business
tomorrow.
Posted by: anon | September 21, 2008, 1:22 pm 1:22 pm
The big oil and big business
deregulators Bush and McCain
are responsible for the
financial earthquake on
Wall Street.
McCain should drop out of the
contest and make his concession
speech at the opening of business
tomorrow.
Posted by: anon | September 21, 2008, 1:23 pm 1:23 pm
So what you are trying to tell us that. NO Harvard graduate in the White House.
Yes, I am with you. NOBAMA! it will work for me.
Posted by: Frieda | September 21, 2008, 1:34 pm 1:34 pm
Bush Called For Reform of Fannie Mae & Freddie Mac 17 Times in 2008 Alone… Dems Ignored Warnings
check you facts
Posted by: frieda | September 21, 2008, 1:50 pm 1:50 pm
The last I checked, the current financial crisis involves more than one branch of our government. Doesn’t Congress (Democrat controlled) own some of the responsibility here? Does Chris Dodd have an MBA? How about Binny Frank? Say, wasn’t Obama a community advocate pushing “affordable” housing (with subprime loans)?
Posted by: Captain America | September 21, 2008, 1:51 pm 1:51 pm
Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye.
The administration accomplished this feat through an obscure federal agency called the Office of the Comptroller of the Currency (OCC). The OCC has been in existence since the Civil War. Its mission is to ensure the fiscal soundness of national banks. For 140 years, the OCC examined the books of national banks to make sure they were balanced, an important but uncontroversial function. But a few years ago, for the first time in its history, the OCC was used as a tool against consumers.
In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative. The OCC also promulgated new rules that prevented states from enforcing any of their own consumer protection laws against national banks. The federal government’s actions were so egregious and so unprecedented that all 50 state attorneys general, and all 50 state banking superintendents, actively fought the new rules.
But the unanimous opposition of the 50 states did not deter, or even slow, the Bush administration in its goal of protecting the banks. In fact, when my office opened an investigation of possible discrimination in mortgage lending by a number of banks, the OCC filed a federal lawsuit to stop the investigation.
Posted by: Leonard Peltier | September 21, 2008, 1:53 pm 1:53 pm
freida,
check YOUR facts.
Posted by: Leonard Peltier | September 21, 2008, 1:54 pm 1:54 pm
And I love the routine about innocent lenders being forced to make loans to untenable applicants.
If the Republicans won’t take responsibility for Anything, how is it they deserve to clean up their own mess?
Posted by: Leonard Peltier | September 21, 2008, 1:57 pm 1:57 pm
And if we add the quality of oversight in recent years from:
FDA, FAA, FEMA for example, a pattern emerges.
Posted by: Leonard Peltier | September 21, 2008, 2:00 pm 2:00 pm
Please! Didnt Bush barely scrape through his studies. He to, the son of wealth has gone about life riding his families coattails and acting and using an unearned advantage to get whatever he wants. Has not really had to earn anything on grit and merited competence.
Another incompetent like John MCCaine, thinking they are entitled.
Posted by: mal | September 21, 2008, 2:07 pm 2:07 pm
Oh Please, we already know that the the wealthy believe in Affirmative Action for themselves. In the case of Goorge Bush and John McCain it is called Legacy Admissions, neither is bright enough to get into these schools without riding on the daddy’s coattails.
Posted by: Truth Matters | September 21, 2008, 2:14 pm 2:14 pm
We might as well all stay home in November. The news media and Hollywood celebrities have already elected Obama. Why do we continue to debate?
Posted by: Rhys | September 21, 2008, 2:41 pm 2:41 pm
The implication of this post is that he didn’t know enough to avoid a financial crisis. I’d be more receptive to that claim if Bush were a dictator, but despite what you hear from the Daily Kos, he is not. We also have a Congress and private enterprise (or at least, we used to until this week). There’s plenty of blame to go around. How about mentioning Barney Frank saying in 2003, Don’t worry, nothing to see here?
Posted by: Jim Rose | September 21, 2008, 2:44 pm 2:44 pm
The lending mess is the fault of BOTH political parties… equally.
But just for once, let’s stop blaming each other for the past and let’s think about the FUTURE!
Time machines haven’t been invented yet; we cannot re-do what was done wrong; we can, however, prevent it from happening again.
Outlaw variable rate loans for starters. Then require 20% down on real estate financing. Predatory lenders and irresponsible borrowers must SHARE the blame for the current mess.
Neither candidate is willing to attach these restrictions to the bailout plan, but if we continue to follow the existing “rules” (or lack thereof), this credit meltdown WILL be repeated.
Posted by: Rhys | September 21, 2008, 2:47 pm 2:47 pm
So glad Maverick McCain doesn’t have an MBA from Harverd….looks like Bush and Obama have more in common!
Oh, and I know Bush loves this country and has kept it safe from terriorism….can’t say the same for Obama….I would not feel safe in his hands.
Posted by: . | September 21, 2008, 3:05 pm 3:05 pm
Post Reagan Republicans-
“Underwrite our mistakes and we will undercut your future.”
Posted by: Mr. Coffee | September 21, 2008, 3:09 pm 3:09 pm
Blame it all on Allen Greenspan. (Clinton and Bush administrations.)
He caused more economic damage to the U.S. than bin Laden.
Posted by: Zank | September 21, 2008, 3:14 pm 3:14 pm
Anybody check Biden’s degrees? He is just one puff away from the Presidency with BO’s ciggy habit…oh, I forgot. Hillary is going to be the new VP candidate Oct. 5, when “health” reasons force Biden out. I have heard this everywhere. Seems the CHANGELING is flip flopping again, on his VP choice.
Hillary is smarter than Obama bin Biden anyday.
HILLARY SUPPORTER FOR McCAIN even before he picked Palin.
Posted by: . | September 21, 2008, 3:15 pm 3:15 pm
Osama is up to his ears in dirt from Chicago! No way could I support
this extremist who was schooled as a child in the muslim religion. This is why lib’s bash McCain so hard. They are afraid to look too closely at their own wannabe savior!
Posted by: Independent | September 21, 2008, 3:33 pm 3:33 pm
Why are we ruled by a bunch of corrupt lawyers and greedy business men? Where are the engineers and scientist that are into actual problem solving?
Posted by: Huh | September 21, 2008, 3:35 pm 3:35 pm
Well… “…while I was a POW I never had a car, ot 2 … not 5 cars, no OnStar no seat warmer…. I was a POW for 5.5 years”
Posted by: Robert S | September 21, 2008, 3:49 pm 3:49 pm
Mayor Bloomberg of NY said this morning;
“We’re privatizing the profits, but socializing the losses.”
Posted by: James | September 21, 2008, 4:02 pm 4:02 pm
so no more Harvard graduates for the White House.
Works for me.
Go McCain and Palin!!!!!!
Posted by: ayn | September 21, 2008, 4:10 pm 4:10 pm
The only reason why Bush got a degree is because of his father.He is NOT SMART man as you can see the worst 8 yrs of US history.
Definetly,there is no comparison between Bush and Obama.
Obama is new generation ,harvard grad lawyer,who chose to be community organizer than making millions working for high end law firm.
Make an educated choice
OBAMA/BIDEN 08
Posted by: Hoang LEE | September 21, 2008, 4:12 pm 4:12 pm
From NoQuarter:
“Let’s start with the numbers. Why is a first term Senator pulling down almost $300,000 a year from Goldman Sachs, Lehman Brothers, Bear Stearns, Fannie Mae, Freddie Mac, AIG, Countrywide Financial, and Washington Mutual? He has not even completed his fourth year in the Senate and received a total of $1,093,329.00 from these eight companies and their employees. (all data from OpenSecrets.org). John McCain’s numbers, according to OpenSecrets.org for the period 1990-2008 (i.e., 18 years worth of data) only collected $549,584.00. In other words, Barack is receiving $273,582.25 (and 2008 is not over) per year while McCain raised a paltry $30,532.44.
Want another shocker? Barack Obama has received more from one source–Goldman Sachs $542,252.00–than McCain has from all of the companies combined. Who the hell is more beholden to lobbyists? And why does a junior Senator from Illinois rate this kind of dough?”
Posted by: HP Boston | September 21, 2008, 4:30 pm 4:30 pm
Bloomberg for President. He’s the only politician that makes sense on this issue. George Will pegged it as socialism, and Will appears to be shifting towards Obama, indicating that McCain does not have sufficient leadership skills or moral authority on the issue. I had hoped the election would be closer, to punish Obama for his arrogance, but he may just have a runaway before its over. That is, if the NRA doesn’t step in and crush it for him.
McCain’s only hope is if he shows leadership and manages to push back the Treasury Secretary’s plan to also rescue foreign-owned businesses. Good grief. We’re going to give the Saudis good taxpayer money for any of their failed investments? That way they’ll be gouging us at the pump, and gouging us through the government’s tax collection. Isn’t Osama bin Laden a Saudi?
Personally, I’m concerned. The government has lost all credibility and we’re fast approaching chaos. One more major economic explosion like this and it is starting to look like economic Chernobyl to me.
Clinton/Bloomberg 2008
Posted by: WestCoastMessenger | September 21, 2008, 4:30 pm 4:30 pm
Yes,Palin has a real can-do attitude, doesn’t she? While Mayor of Wasilla, she built a huge sports complex (raising taxes to do so) on land that the town did not have a clear title to– thus adding millions of wasted dollars to the cost in legal fees (that one is still in litigation). Then as Governor, there was the infamous Bridge (for, then against, then kept the money). Didn’t build the bridge, but built the Ketchikan Road to Nowhere, just completed ($25 mil) which literally goes nowhere but is “ideal for road races”. And then there is her ($500 mil in state tax money) much-touted natural gas pipeline, which may never be built because half of it would go through Canada and the First Nations native tribes along the route are threatening to sue (which apparently they are quite good at, sometimes dragging it out for a decade or more). All in all, a fine record of getting things done, eh? THANKS, BUT NO THANKS
Posted by: mila | September 21, 2008, 4:33 pm 4:33 pm
“Well… “…while I was a POW I never had a car, ot 2 … not 5 cars, no OnStar no seat warmer…. I was a POW for 5.5 years”
================================
Well you should been studying at Annapolis instead of partying your way to almost graduating LAST in your class. If you had, you might have been able to read a map and not get yourself shot down.
Posted by: Dems | September 21, 2008, 4:36 pm 4:36 pm
John McCain and Sarah Palin want to be elected like Republicans but they are trying to avoid to discuss issues critical for the American families. And portraying themselves like reformers because they are embarrassed of the last 8 years of the Republicans –Bush Administration.
Is the Republican Party in the need of urgent reform because is out of touch with the everyday life of the American people.
Americans want answers to they problems they want better healthcare they want better pay they don’t want just change because that sounds good on election time, they want change from the Bush policies.
This election is not only about some bridge in Alaska it is about all the bridges and roads in all of United States because they are all crying out for repairs and maintenance. This is because for the last 8 years the Bush and the Republicans have spent enormous amounts to build up Iraq and they have forgotten about the needs of their own country.
Posted by: foreclosure | September 21, 2008, 4:44 pm 4:44 pm
After the fiasco McCain had last week when the time came to show his leadership, how can anyone in their right mind vote for this guy? This election is going to be between the informed and the delusional. What I’m afraid of, really afraid of, is that there are more delusional people out there than the informed. This is why education is so important.
Posted by: James | September 21, 2008, 4:52 pm 4:52 pm
foreclosure, you are absolutely right, this election should be about the economy but the Republicans use the Bridge and the earmarks (a paltry amount each year compared to the obscene amount we are spending on the war we should never have started in Iraq)issue as a way to distract us from McBush incompetence. Also they use the Bridge to highlight Palin’s “reformer” credentials, and the pipeline to highlight her “experience” at getting the job done credentials when both of these instances are either lies or half-truths.
Posted by: mila | September 21, 2008, 4:55 pm 4:55 pm
one more time
1st trillion wasted …deregulation S&L and John mcCain and Keating…
2nd trillion wasted John mccain George Bush and D Cheney fighting for us to go to this war
3rd trillion Mccain gramm and the rest of the deregualtion team and lobbyists running mccain’s campaign
how many times does a politician have to be involved in the loss of a trillion dollars to us before we say
“uh yeah…this guy shouldn’t be anywhere near the white house”?
and just a little FYI
how many people saw the story about how Palin ended up getting into politics from…
…a step aerobics class…
and how she continued to have “power group” meetings with the chief of police which she ended up firing from the same class…
you could not write this stuff…
I hear you can see Iran when you did an “around the world and up and over” during the class…
ugh..
this is how to be the leader of the free world by watching lots of episodes of Northern Exposure meets some really bad disney movie.
oy
Posted by: dl(the real one) | September 21, 2008, 5:01 pm 5:01 pm
Just remember that this financial mess is the brain child of Greenspan, our legislature, and Clinton. Acts they signed into law during Clinton’s administration eliminated safeguards previously in place between the banking institutions and Wall Street- this allowed mortgage companies to sale bad mortgages to Wall Street.
Posted by: plasma1 | September 21, 2008, 5:03 pm 5:03 pm
and by the way it was Bloomberg today when referencing things he has done and points he has made
that only specifically referenced what he told Obama he needs to do when he is President in a conversation just a couple of days ago…
he’s no dummy he knows who he is going to be working with …hopefully as a new head of the committee to oversee this…as Buffett recommended.
Posted by: dl(the real one) | September 21, 2008, 5:05 pm 5:05 pm
plasma1
nice try
but this has to do with the laws Gramm wrote for the republicans and the deregulationists…
it has to do with those laws allowing companies to get this big so this can happen and the policies that John mccain has pushed for his entire career that have cost uf a trillion dollars not once but twice…
and then throw in the third trillion with the war…
all because of John mccain and his cronies and advisors and best friends (Keating) playing the system and making sure the rich got priority with this bologne theory of trickle down economics…
when the truth is jobs get created from the real economic engine of our country
the middle class.
but nice blather…
it’s getting familiar…old but familiar…
same team
same tactics
same results
throw the bums out.
Posted by: dl(the real one) | September 21, 2008, 5:09 pm 5:09 pm
I think we now have enough knowledge and experience with GWB to know that was a load of BS.
Posted by: DMR | September 21, 2008, 5:10 pm 5:10 pm
Bush engineered a rescue plan while Obama waited days to meet with his advisers. Action vs. deer in headlights. Obama just can’t seem to react to real-time events.
The shallow one – fiddling while Rome burns.
Posted by: dl | September 21, 2008, 5:12 pm 5:12 pm
HP Boston:
Has your ID been hijacked? The fact that Obama has more donations reflects that more employees like him. I think that you would find “American Copper Pipe” has more employees donating to Obama. More people like him.
Posted by: Mr. Coffee | September 21, 2008, 5:25 pm 5:25 pm
McCain-Palin ’08 “Underwrite the mistakes of our political base and we will write-off your and your grandchildren’s economic future.”
Posted by: Mr. Coffee | September 21, 2008, 5:29 pm 5:29 pm
If anyone should lay the question of experience and preparedness to be President to rest, it is Bush. He sounds great on paper–Harvard MBA, governor of a large state, lofty political heritage–but look where all that experience has got us today. And in his field no less! And yet there are people to continue to rail about Obama’s lack of experience. It’s judgment and intelligence, of course, and not experience that carry the day.
May we never have to entrust our country to McCain’s and Palin’s experience!
Posted by: perumal11 | September 21, 2008, 5:34 pm 5:34 pm
If Americans have now gotten to the point where they actually THINK the solution to fixing the country’s problems can be done by the “junior college” crowd I think it’s safe to say we are all doomed.
Posted by: Dems | September 21, 2008, 5:41 pm 5:41 pm
McCain nor Palin will be able to hide behind their lies any longer. September 26th will expose McCain’s lack of leadership on the foreign front as well as on the economic front. Refusing to meet with a NATO ally shows McCain’s lack of diplomacy as well as his age. I feel like a kid waiting on Christmas. Come on 26th, D-Day for the Obama Campaign. Yes We Can!!!
Posted by: James | September 21, 2008, 6:35 pm 6:35 pm
ayn:
Re: “so no more Harvard graduates for the White House.”
Bush got in with daddies connections….
Obama earned it
dl:
re: ‘Bush engineered a rescue plan’
Bush couldn’t ‘engineer’ a trip to the bathroom.
‘W’ didn’t do sqat, he was against doing anything but changed his ‘mind’ when he was told how serious things were..
Posted by: Jazzman | September 21, 2008, 8:02 pm 8:02 pm
This financial crisis is due to government imposed bad lending practices.
Bush proposed the solution in 2003 but couldn’t get the votes in congress because our idiotic repressentatives liked the idea of buying votes by giving away mortgages.
Posted by: notafool | September 21, 2008, 8:35 pm 8:35 pm
Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye.
The administration accomplished this feat through an obscure federal agency called the Office of the Comptroller of the Currency (OCC). The OCC has been in existence since the Civil War. Its mission is to ensure the fiscal soundness of national banks. For 140 years, the OCC examined the books of national banks to make sure they were balanced, an important but uncontroversial function. But a few years ago, for the first time in its history, the OCC was used as a tool against consumers.
In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative. The OCC also promulgated new rules that prevented states from enforcing any of their own consumer protection laws against national banks. The federal government’s actions were so egregious and so unprecedented that all 50 state attorneys general, and all 50 state banking superintendents, actively fought the new rules.
But the unanimous opposition of the 50 states did not deter, or even slow, the Bush administration in its goal of protecting the banks. In fact, when my office opened an investigation of possible discrimination in mortgage lending by a number of banks, the OCC filed a federal lawsuit to stop the investigation.
Posted by: Leonard Peltier | September 21, 2008, 8:39 pm 8:39 pm
Jazzman,
Obama most certainly did not earn his entry into Harvard. How could someone who graduated without any honors from Columbia get into Harvard?
Why aren’t any of his Columbia grades available?
Posted by: hippie | September 21, 2008, 9:20 pm 9:20 pm
What a mess Bush is leaving America. It just keeps getting worse. Shouldn’t the Republicans be held accountable for the next two elections until all this mess is cleaned up?
Posted by: Kim | September 21, 2008, 10:08 pm 10:08 pm
perumal11,
I wont rant about Obama’s lack of experience. I just dont want a tax raising socialist-oriented fellow with no major accomplishments as my president.
Posted by: Keepyourheelsdown | September 21, 2008, 11:14 pm 11:14 pm
Hoang LEE,
Are you serious? Or just cant accept the idea Mr Bush probably worked hard to get an MBA? Sure, his dad’s being a congressman may have helped him get in Harvard, but if you think the profs there give a rip about his daddy, you are wrong my friend.
Oh wait, those famously conservative profs at Harvard prob gave him social promotion.
Posted by: Keepyourheelsdown | September 21, 2008, 11:19 pm 11:19 pm
hippiechucker
re: “Why aren’t any of his Columbia grades available?”
you seem to be the chief conspiracy dewde….why don’t you share all your secret info with us… tell us why Obama “most certainly did not earn his entry into Harvard.”
Posted by: Jazzman | September 22, 2008, 12:04 am 12:04 am
Obama and McCain Tax Proposals:
According to a new analysis by the Tax Policy Center, a joint project of the Urban Institute and the Brookings Institution,…
Obama’s plan gives the biggest cuts to those who make the least, …
while McCain would give the largest cuts to the very wealthy.
Posted by: Rex | September 22, 2008, 12:35 am 12:35 am
Jazzman,
It’s funny that you would see me a sprouting a “theory”.
How else would you get into the most elite school in the country with average grades, if not for affirmative action?
Posted by: hippie | September 22, 2008, 9:10 am 9:10 am
I keep wondering if things can get worst. Sadly, I think they can.
Posted by: FromMyView | September 22, 2008, 10:32 am 10:32 am
Hippiechucker:
re: average grades
so, you ‘know’ he had ‘average’ grades, but you keep asking about ‘why aren’t his grades available’…
you ‘know’ through your secret methods what his grades are even tho’ they’re not available… cool.
any lotto tips ?
Posted by: Jazzman | September 22, 2008, 10:48 am 10:48 am
I forgot – who was the ghostwriter for that book?
Posted by: Tom J | September 22, 2008, 11:46 pm 11:46 pm