So What ARE the ‘Fundamentals’? And Are They Good?

Let’s be fair. For John McCain the fundamentals are good. People are still drinking beer and his wife is still rich. In fact, for most people things are getting so bad they are probably drinking more beer to ease the pain so the fundamentals for the McCains are great at all 5,uhh 7, err 10 houses.

And Obama trying to work out a deal with the Iraqi’s to surpress troop withdrawal is not news.

Dear Americans,
As a foreigner, can I ask you something?
whenever, American economy is going into crisis, our country is affected badly, too.
America is not just America.
Many countries are affected by American politics and economy.
I beg you, Please this time, Can you make a right decision?
Please not Bush-like president.
Whole world is so concerned.

When we all witness major shake up in Financial Sector, this automatically affects the entire world.
Commodoties are continuing to tumble. This is bad news and we are all concerned.

Arrgh, first McCain is selling beer now Obama is selling waffles…

“And Obama trying to work out a deal with the Iraqi’s to surpress troop withdrawal is not news.”

Some folks would do well to visit factcheck and discover the truth about Obama and McCain.
Meanwhile, don’t blame McCain for our economic problems. Blame Phil Gramm, who thinks we’re a nation of whiners. You may recall that he is one of the lobbyists running McCain’s campaign.

McCain = DISHONORABLE

After Chris Dodd, Barack Obama was the next highest recipient of money received from Freddie Mac and Fannie Mae. But, Obama was only there for THREE years. Washington insiders lining the pockets of other Washington insiders and taxpayers footing the bill.
Obama/Democrats think more market regulation and government interference will solve the problems their policies created. This crisis is government made. That is a “fundamental” of our economy.
Then, there’s that Iraqi troop withdrawal information that just hasn’t received much MSM interest…

Teh iraqi foreign minister has alleged Obama tried to influence the Iraqi prime Minister to not negotiate with the current administration and delay troop withdrawl to serve his political needs and you ignore it, but a 17 years olds pregnancy was headline news for over a week. The MSM has no credibility and political journalists, if they can call themselves that should hang their heads in shame. When obama loses Nov 4th, you will get your just returns for the gross distortion of coverage inthis campaign.

that lying article was malarkey
same neo-con writer (that works/worked for Murdoch) who is friends with Talibani and who pushed the wmd and “greeted as liberators” lies
You know those same “stories” that got us here… and now you are trying to push that same reporter and his lying stories now…he is a tool of Cheney
so what you are saying is …he is now a tool of you and McCain
same team
same tactics
same outcome
9th year
throw these bums out!

This is a discussion of the economy, not an op-ed piece from the NY Post (owned by Rupert Murdoch’s News Corp).
Don’t use WMDs (weapons of mass distraction). Discuss the issue at hand, the economy.

Jake,
I doubt McCain had the notion of “fundamentals” used by financial firms and investors in mind when he made that comment.
In fact, I thought he explicated what he meant by it.
Nevertheless, I think that Obama has an opening here regarding the economy. However, he’ll need to transform this from “more of the same” nonsense, to giving us a detailed and realistic economic plan. Where are corporate tax rates going to be? Where are capital gains tax rates going to be? How are you going to tax the rich to provide for the remaining 95% of the population when the rich are going to take a very large income hit next year (you’ll need to raise their taxes even more, probably to 45-50% for federal rates alone).
Without such details, Obama is just going to see a temporary bounce. Then the Republicans will come back, with detailed economic plans (like they always have), and Obama will be toast.
Let’s see if he learns from his past mistakes. VOTERS WANT CONCRETE POLICTY PROPOSALS AND A CONSISTENCY OF VIEWS. No more waffling Obama, time to stand your ground and stop flip flopping daily.

Obama uses the troops as pawns to make himself look good, trying to stall their withdrawal.
He has essentially called the Iraqi
Prime Minister a liar.
How can the troops trust this man as their Commander in Chief?

dl,
Read my previous message. This pointing finger approach will backfire on Obama. He needs to be more definite in his economic policies and make calls that he doesn’t later waffle on. He’ll need to defend the view that increasing the corporate tax rate is a sound decision (we have the 2nd highest in the world as it is) and increasing capital gains won’t hurt small businesses (which of course it will).
In absence of this, he’ll see a temporary bounce that will later disappear. I’m certain that as we speak the McCain campaign is assembling economists and talking to Greenspan to come up with real solutions.
Simply pointing the finger at someone else isn’t what we want in a president. We want someone with real solutions.
And that is ultimately the problem with Obama and why, in a year that should have been guaranteed Dem victory, he’s tied.

dl,
stop copying and pasting. it’s sad.
so what has barack obama done for the economy?

“And that is ultimately the problem with Obama and why, in a year that should have been guaranteed Dem victory, he’s tied.”

Google the “Gramm-Leach-Bliley Act of 1999″ to find out which candidate’s adviser was in the midst of the deregulation of the financial industry in recent years. Gramm as we know is an adviser to McCain.

McCain tries to stave off a panic by reminding people that there is a real problem, but that our economy is fundamentally strong and can bounce back from that problem. For that, he gets hammered? Give me a break. He has a steady, calm, appropriate response to this crisis; he definitely “gets it.”
When Bush tried to increase oversight of Freddie and Fannie during his first administration, he was rebuked by Democrats in Congress, like our old pal Barney Frank. Now Congress is howling, but when Chris Dodd has recieved hundreds of thousands of dollars in contributions from Freddie/Fannie workers and Biden has similar deep financial ties to MBNA (not to mention his family ties), its hard not to be suspicious of the wolf wanting to guard the henhouse. And of course, we must consider that in the three years Obama ha been in the Senate, he’s already managed to become the number two recipient of Freddie/Fannie contributions behind Dodd, who’s been collecting those dollars for a decade or more longer than The One. Hmmm.

Obama was a lawyer for ACORN in Chicago.
ACORN has been connected with voter fraud in many states.
Another questionable associate of BO.
Radical on the inside–deceptive nice guy on the outside.
Why is this race even close?

How did McCain vote on Gramm-Leach-Bliley Act, which was critical in deregulating the financial service industry back in 1999? He voted Yes.

Next time, Jake, attach names of the “experts” so readers know who they are. Economics is a soft science, answers always depend on underlying assumptions and comparison points. And, philosophical bias – ex., Chicago School.
I could just as easily find experts who say fundamentals are fine, given an infrastructure which shows resilience (financial, regulatory, legal), interest rates (higher than before by a point or 2, but not in the double digits as has previously happened), inflation rate which is being managed, GDP growth, trade deficit improving, commodity prices dropping, unemployment not surpassing highs on a national level, growth in key future-facing industry sectors (it/tech, biotech, pharma, etc.), etc.
How many people here are facing water/food rationing? How many people here waiting in line for hours to get gas? How many people here with a 20% (15%) interest rate on a traditional mortgage? How many people here without a tv, computer, cell phone/phone, and other creature comforts? How many people here unable to get emergency medical treatment? How many people here are unable to find a paying job (not a “good” job, or a suitable for me education/experience, but a PAYING job?).

The Democrats are in charge of Congress.
Democrats understand the tax and spend and give aways.
Whoops — and the Democratic Chairman of the Ways and Means commitee (which is in charge of the tax code) didn’t understand he had to pay taxes on income received from and rental property and he didn’t know his loan on the property was for 0%. I’d like that deal.

Obama thinks the economy is in bad shape and yet has a $30,500 dinner/concert with Streisand! I guess it is not as bad as he wants us to think. How much would the tickets cost if the economy was in good shape?

Obama: STOP TRYING TO SCARE US!

Making comments about the economy on the day two major financial institutions failed is not Obama trying to scare you. You should be concerned.

Wow, the price of dinner and a concert really went up! The average American really can’t afford it anymore. $132 for a family of 4 is a lot let alone $132,000!

How much tip would you leave on a $28,500 dinner?

McCain has voted to deregulate. It shows his judgement and lack of understanding of the economy. He voted with Phil Gramm and he gets advice from Phil Gramm.

“Obama thinks the economy is in bad shape and yet has a $30,500 dinner/concert with Streisand!”

“You will soon learn that we are all in this together, like it or not, regardless of the outcome of the election.”

“The Republican National Committee has $110 million dollars to spend making
sure that your vote is not counted.”

Richard Cohen goes off on McCain, seizing on the Palin pick as a sign of how far gone the candidate is:
McCain has turned ugly. His dishonesty would be unacceptable in any politician, but McCain has always set his own bar higher than most. He has contempt for most of his colleagues for that very reason: They lie. He tells the truth. He internalizes the code of the McCains — his grandfather, his father: both admirals of the shining sea. He serves his country differently, that’s all — but just as honorably. No more, though.
…
His opportunistic and irresponsible choice of Sarah Palin as his political heir — the person in whose hands he would leave the country — is a form of personal treason, a betrayal of all he once stood for. Palin, no matter what her other attributes, is shockingly unprepared to become president. McCain knows that. He means to win, which is all right; he means to win at all costs, which is not.

Herbert Hover
Ronald Reagan
George W. Bush

re: Belle Starr
“was a famous American female outlaw.”
fits right in with Bush & Cheney, very ‘instersing’ as Pres. Chimpy would say….

“that doesn’t mean I’m ready to hand things over to Marxist Obama!!!”

“why is McCain trying to steal that thunder and rebrand himself as change, when he’s done nothing to change the status quo he’s been a part of for the past 26 years?”

I’m voting for Obama because I believe that he is the more intelligent, thoughtful, and most in-line with my views candidate. I believe that an Obama administration would better serve the majority of this country than a McCain administration would.
I NEVER said I was voting for Obama BECAUSE of his race, whereas you directly implied that simply adding a woman to the VP spot on the ticket was “enough for” you to vote for McCain. What does that say that that’s what you inferred from my statement?

It’s pretty funny that McCain tried to back out of saying “the fundamentals of the economy are strong” by trying to tell us (ignorant americans who don’t have dictionaries, apparently) that “fundamentals” means “workers”.
What?
If you are on this website, you are on a computer. If you are on a computer, your computer probably has a dictionary application. Open it. Look up “fundamentals”. The definition of “fundamentals” cannot be stretched to mean “american workers” no matter how much John McCain wants to try to fool everyone into thinking that’s what he meant.
McCain insults americans’ intelligence by trying to get us to swallow his swill.
We’re smarter than that. McCain is the elitist, looking down on americans, thinking we will blindly accept all his distortions and lies.