Big Labor Robocall: ‘John McCain Has Gotten Us Into This Economic Crisis’

John McCain is fine with robocalls.
Good for the goose and all that jazz.

jpt writes:
“John McCain has gotten us into this economic crisis? That’s so spurious I don’t even know where to start.”

“And go on to how the craven Obama voted FOR the “bailout”.”
So did McCain.
The lesson as always? Right wingers lie.

Thanks for printing the text, because I hang up when I get those calls.

Don’t think so. I work for a regulatory agency and saw it first hand. It’s true that the Bush administration has stood for light regulation of capital markets. But it did not invent this approach. By the middle of the last decade, experts across the spectrum believed that U.S. financial institutions faced outmoded restraints on their ability to innovate. Thus, the Clinton administration, supported by then-Federal Reserve Chairman Alan Greenspan, refused to tighten regulations on financial derivatives, memorably dubbed “financial weapons of mass destruction” by Warren Buffett. The 1999 repeal of the Glass-Steagall Act, a Depression-era law separating commercial banking and investment banking, passed with overwhelming bipartisan support in Congress and was signed into law by President Bill Clinton. Barney Frank and Frankin Raines were the primary blame. FNma policies coerced banks into making subprime loans or prime loans would not be guarantee. They wanted to increase home ownership regardless if someone could afford it. They packaged the loans as securities and sold them on Wall Street. The pools got too saturated with bad loans. Obama as an attorney for Acorn punished banks with lawsuits houlding up branch applications unless they located in downtrodded neighborhoods.

It was the Democrats, the minorities and groups supporting both that pressured for the sub-prime mortgages that got us into this crises. They all believed that home ownership should be a right, even though these people could not afford the houses. One woman with 3 kids in Georgia moved into a $215,000 new home. She was making $1,300 take home pay each month. She lost the house and there are a million just like her. There is enough blame to go around but the Democrats are 80% responsible and the Republicans had to do the bail-out. If Obama is elected, our economy will not improved very much. Higher taxes on those who create jobs is not the way to go.

“I ain’t no “right winger” — I’m an FDR Democrat who voted for”
One who had to be told the costume made more sense if you were a Nader voter vs McCain.
The lesson for the day? Right wingers like to pretend.

“Barack Obama, Joe Biden, and the mainstream media slammed Sen. McCain for running robo-calls”
No McCain was slammed because in 2000, he decried robo calls by vicious firm. In 2008 he hires that vicious firm (which smeared his own daughter) to make robo calls.
Hypocrisy thy name is McCain.

obama without dirtying his hands
has his wittle wobots winging up the phones and telling lies about mcCain to those who answer.
one of the lies obama doesn’t let you in on is that many of the original wobots were ALSO under his payroll.
in fact, if you’re looking for a man who denies any associations which might prove politically incorrect, who ignores any harm which might be done others so long as it eases his way up the laddeer, who talks out of both sides of his mouth (as in the too many race speeches about Jeremiah), who is always innocent in the eyes of his followers even when found to be outrageously guilty…..
IF YOU’RE looking for a man whose ego is higher than the Empire State Building and broader than the Mississippi river…..whose greed for reknown is unsatiable, and whose love for the country is questionable….
vote for B O.
B U T……..
don’t forget the deodorant

Greenspan, the Federal Reserve, preditory lending, greedy businessmen, dumb populace taking out loans they can’t afford are all to blame. Blaming McCain, Bush or Obama is ludicrous.

which party did this? Why?
We need to dig into this.

Oh, I see, two wrongs make a right…even if it is total BS. This is an utter fabrication, thanks for putting the lie to Obama’s “inclusive” and soaring campaign tactics…
At least McCain’s are true about Ayers. Obama has been less than forthcoiming and even if no one cares, it matters.
Remember the hell GWB had to pay for stopping by Bob Jones U ONCE? Obama hangs with Ayers for years (yes, he did…) and everyone is a racist for pointing out that maaaaybe Obama should not be spending time with the “guy from his neighborhood…”

Huh
It is de-regulation that got us into this mess and McCain once called himself the master of de-regulation. In fact he spent his whole 26 years in congress calling for it.
Another god father of de-regulation is Phil Gramm, McCain`s chief economic adviser. The same man that called us a `nation of whiners`.

The more you bash Obama with untruths, the more he rises in the polls. People are not falling for the bs that they did 8 years ago.

Hey concerned in OH.
Remember the Gallup poll you were giddy about last week based on traditional likely voters?
Obama is now up 7 in that poll.

Okay, those with too little sense are on here spreading nonsense about the mortgage crisis, illuminating their complete and utter ignorance.
What did the mortgage industry in was speculation. Speculation on lending and speculation on buying houses. You could go into any major city and real estate brokers were giving seminars on how to buy 10 homes in 10 different cities as investments in creating cash flow.
Too many people bought houses and the peak of the market and then stopped paying mortgages after their home values dropped and there was no way for them to flip or sell the homes without a loss.
Sub-prime loans were only a small part. Most of it was A rated loans going south.
And as far as the C.R.A. goes, that was a 1977 law that was enacted to prevent discriminatory lending. It makes no mention of prime or sub-prime lending. No one forced anyone to go into subprime lending. Here are the law’s main provisions:
SEC. 802. (a) The Congress finds that–
(1) regulated financial institutions are required by law to demonstrate that their deposit facilities serve the convenience and needs of the communities in which they are chartered to do business;
(2) the convenience and needs of communities include the need for credit services as well as deposit services; and
(3) regulated financial institutions have continuing and affirmative obligation to help meet the credit needs of the local communities in which they are chartered.
(b) It is the purpose of this title to require each appropriate Federal financial supervisory agency to use its authority when examining financial institutions, to encourage such institutions to help meet the credit needs of the local communities in which they are chartered consistent with the safe and sound operation of such institutions.
This has nothing to do with anything.

Sarah Palin, can you say “misappropriation of state funds”?
I didn’t think so, look it up right after you look up who’s in charge of the senate.

Palin still thinks Freddie Mac had his own sitcom.

Honesty can never be found in Zero.
It is he who ridiculed Hillary Clinton’s economic plan to target banking and mortgage meltdown, one freeking year ago. Now, he accuses someone else.

Aengil,
Is this enough names to start with??
candidate’s pastor met with
global terrorist Mohmmar Gaddafi in Libya
endorsed by every
Muslim terrorist organization on Earth
George Soros (including a brief file on the
Soros ‘Open Society Institute’
personal associations since
childhood have been mostly with radical African
Americans, Muslims, and communists; those who harbor
anger towards The United States of America
close associations with
Muslim groups
find
one particularly disturbing passage in one of his books.: ‘Should the political
winds shift in an ugly direction I will side with
the Muslims.’
has terrorist organization
‘Nations of Islam’ employees on his current staff,
and one of his advisers is a member of the global
terrorist group ‘Muslim Brotherhood
Khalid al-Mansour
candidate’s relative, Raila Odinga, who is connected with brutal
Muslim politics in Africa, and background
information on the candidate’s estranged father who
was part of Kenya’s most corrupt regime

Now … will Joe Biden call for these calls to end? … I don’t think so …
Posted by: Francisco Cardenas | Oct 21, 2008 7:30:22 PM
Those calls don’t call McCain a baby killer or somebody who palls around with terrorists. It does however, point out the economic issues.

Must be I missed the McCain dictatorship that must have been going on for the last 15 – 20 years. Jobs have been going overseas for quite some time, not just the last 8 years. Seeing how the call wants to put sole blame on McCain, he must have been a dictator for many years.

And McCain thought she was the best choice because?
Posted by: Should have gone with Liberman | Oct 21, 2008 7:38:06 PM
Because he is looking for a new wife…lol

But this “spurious” robo call isn’t directly from the Obama campaign and at least isn’t accusing McCain of “associations with terrorists.”

It’s weird that McCain wouldn’t say that Palin is qualified for the job when he was asked at the debate.
You would think he would say, “Hell yah”
But instead, he just said, “I’m really proud of her. She’s done a great job.”
WHAT????
Come on. Tell the truth now. Sarah Palin is really McCain’s daughter right? It’s all starting to make sense now. Being VP was probably what he promised her for Christmas last year.
It sure sounds like something a father would say after the high school play.

Your swiftboat 2.0 seems a litle one sided. Is ther a smae type of site for McCain. Look other places also. Ones that bothe defend and attack both sides. Might be a little more un-biased.
Posted by: A Veteran | Oct 21, 2008 7:52:33 PM
IF you could read they also have myths and falsehoods on Sarah Palin etc. So that shoots your theory.

I notice all of this negativity comes on the heels of Biden espousing an attack in the first six months of an Obama presidency.
I guess both sides play the distractions game.
I care less about any negative remarks union leaders make about McCain, when Obama, and Unions want open voting. Meaning…they will know which way you vote. That would lead to an employee having to face either the union, or their employer, depending on how they vote. No more secret ballots.
Now…why the transparency on that, and no transparency that Obama wants government controlled internet?
Welcome to China!!!

gee jake,
almost as spurious as saying that obama palls around with terrorists (plural?)

Veteran of the War on Ignorance
No I have not read his books. I would rather not. Have you read them yourself? What I would rather do is see that his birth certificate is checked and authenticated to make sure he is eligible for office. Why does it have to take a lawsuit for that small matter to be done and over with.

More from today’s NBC News/Wall Street Journal Poll:
Overall: Obama 52, McCain 42.
Believe Palin is qualified? 55% no, 40% yes
Palin favorables: 38% positive, 47% negative.
Concerned McCain will continue Bush policies: 23%
Concerned Obama is too inexperienced: 23%
Race an important factor? 8% yes. Of those: 4% less likely to vote for Obama, 2% more likely.
Age an important factor? 22% yes. Of those: 18% less likely to vote for McCain.
Powell endorsement’s impact: 77% no difference, 19% more inclined to vote for Obama, 4% less inclined.
On issues: Obama +39 on health care, +21 on economy, +14 on taxes. McCain +5 on Iraq.
On traits: Obama +30 on hope and optimism, +20 on right temperment. McCain +4 on stronger leader.
Obama’s voter enthusiasm: excited 52%, satisfied 33%
McCain’s voter enthusiasm: excited 26%, satisfied 34%

Mary,
If you’d ever helped a business “grow”, you would understand why. Otherwise, you’re a business user — not necessarily the best and brightest American businesses seek to hire. A business is only the sum total of the types of employees they hire.
I would like to see businesses in the U.S. get back to rewarding the people that help them grow. If you’re just getting a paycheck (as is evident by your comments about Michelle Obama), then you’re sucking down the businesses money without trying to secure your future, the future of your business and the future of your own children. Get overs shouldn’t get welfare from the workplace.
Obama/Biden 08!

Most of my posts are designed to stimulate someone to actually go and look for themselves and make a decision. I have seen more untruths here against voth candidates and then see people seem to actuall believe.

Apparently Sen. Obama is now denying that in the 1990s he conducted leadership-training seminars for ACORN’s up-and-coming organizers, since he said in the last debate: “The only involvement I’ve had with ACORN was I represented them alongside the U.S. Justice Department in making Illinois implement a motor voter law that helped people get registered at DMVs.”
I would love to know whether his seminars included instructions on how to extort and intimidate the banks into giving mortgages to individuals who could not afford to make the mortgage payments. If so, then Sen. Obama had a direct hand in the current financial crisis.

That is the reason you don’t like that Swiftboating 2.0 site because it debunks the nonsene you republican thugs are putting out there.
I don’t consider myself a republican thug. I am just an american who loves his country and wants facts on the backgrounds of both candidates. I want to make an informed decision instead of a decision based just on what a candidate says. I have seen enough of politics over the years to know that most politicians lie. Wouldn’t you agree to that??
Posted by: A Veteran | Oct 21, 2008 8:16:15 PM
I agree with that. But please research them. Not all of what is written on the internet is true and not every email you receive is either. I generally look at the sources provided for what they are saying and check things out myself.
I have done enough research on both of these men, that I feel comfortable voting for Obama.
I like politifacts because they have things on both candidates. The Swiftboating site is just that. Trying to debunk some of the lies from people.
We can agree to disagree.

Obama has only been in the senate for three years but he is the second highest receivers or donation from Fannie Mae and Freddie Mac. See below.
Name Office State Party Grand Total Total from
PACs Total from
Individuals
Dodd, Christopher J S CT D $165,400 $48,500 $116,900
Obama, Barack S IL D $126,349 $6,000 $120,349
Kerry, John S MA D $111,000 $2,000 $109,000
Posted by: Jeanie | Oct 21, 2008 8:19:12 PM
If you are going to post numbers please provide a source. I guess you are going to try and tell me no Republicans took any money from them. (Rick Davis)

I think John McCain was wrong. Obama’s backround, his mentors, his money men…they’re all Muslim. His slip of the tongue of “my Muslim faith” to George S., his 57 states, his sympathy for the Palestinians. His relatives(Muslim father and stepfather) and schooling until his mom dumped him off at his grandparents when he was 10. Good old Jesse Jackson spilled it with the Zionist comment.
If the unions need to look in the mirror before they blame McCain for all their woes.

We could have avoided the current financial mess we’ re in, but certain key Democrats (including all-time Fannie Mae/Freddie Mac political contribution leaders Chris Dodd) killed it . …in 2005 Alan Greenspan told Congress how urgent it was for it to act in the clearest possible terms: If Fannie and Freddie “continue to grow, continue to have the low capital that they have, continue to engage in the dynamic hedging of their portfolios, which they need to do for interest rate risk aversion, they potentially create ever-growing potential systemic risk down the road,’’ he said. “We are placing the total financial system of the future at a substantial risk.’’
Former Fannie Mae CEO Franklin Raines (who left the company after using accounting voodoo to line his pockets with undeserved bonuses) worked for the Clinton administration. He’s also advised the Obama campaign.
It has been liberals, and not conservatives, who have in the past demanded that mortgage lenders be forced to loan to subprime borrowers. Jimmy Carter signed the Community Redevelopment Act into law, and Bill Clinton amplified that legislation creating the market for subprime loans that is causing all of these problems now.

S Adams,
The Community Reinvestment Act does not cover the vast majority of institutions making these predatory loans. The problem is not the CRA, it is the repeal of the Glass-Steagal Act which passed under Clinton’s term, unfortunately with a veto-proof majority.

I live a rural small town of Brooksville Florida. I tell you the truth is that people are hurting and loosing their homes. This is a town that is embracing Obama. Obama will win this county. I think that Obama undestastand the economy not McCain.

Jwench
Yes we can agree to disagree and if in your mind Obama is your guy then by all means vote for him and I applaud you. That is what the right to vote is all about. We all see things differently. To have others try to intimidate you for your choice is what is wrong. My hope is that God sees to it that the right one is elected, we need the best for the job with all that is front of them.

I think that Obama undestastand the economy not McCain.
Tax Experts agree that closing loopholes, and a scalpel to spending won’t raise the 800 million to start Obamas programs. Where will it come from. I have heard I have a plan from every politician since the 1970′s

I don’t know. Obama’ and Biden championed the working man. Revered him….extolled help for him….then when one..one person, who didn’t seek Obama out, but saw him in his neighborhood, and asked a simple question…was berated, investigated, and drug thru the mud, because …not his question, but Obama’s answer was scrutinized, and this man had to be punished for doing that to Obama. This working man, trying to get his life in order, and pay his bills. How did Obama, and Biden show their respect to this working man, they championed? They mocked, and ridculed him. That doesn’t sound like someone, who once they get what they want from the working man, will stand by the working man.
From Barney Franks:
I think at this point, there needs to be an immediate increase in spending, and I think this is a time when deficit fear has to take a second, uh, a second seat. I do think this is the time for a very important kind of dose of [unintelligible]. Yes, I think later on, there should be tax increases. Speaking personally, I think there are a lot of rich people out there who we can tax at a point down the road to recover some of this money.

Obama was not an economics major. He said in his debates he likes his friend Warren Buffet. He has only been in the Federal government 4 years. How could he possibly totally understand the economy and the way to fix it?

Raising taxes, on the rich, will only cause more lay offs, loss of jobs, loss of businesses, and more people without homes.
There is no magic answer…and so far government has proven they can’t handle things very well.

Let’s figure out which candidate is going to steer us in the right direction.
I think there is one other thing to remember. The senators and representatives that are running need scrutiny just as much as they also are needed to straighten this mess out.

McCain did support sending that tanker contract overseas to Airbus rather than build here with Boeing. But he was just following the instructions given to him by his lobbyists…

“Wake up people. These mega rich 1-5% don’t let ANYTHING trickle down.’
Well, dave in colorado, it doesn’t work any better when you try to “trickle UP”!

More or less spurious than when McCain said that Barack Obama caused the economic crisis?

“It’s up to voters to punish them (Republicans) for ruining our great nation and their behavior of putting corporations and greed over struggling americans.”
It’s just too bad that we all have to suffer because so many of you lack a basic understanding of Economics 101, Capitalism and the Free Market. But after the most radical Liberals have their way in both Congress and the White House over the next four years, so many of you will have plenty of time to read and study about all three since you will no longer have an employer.