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Posted Tuesday, September 30, 2008 6:15 PM

Obama and the Bailout

By Howard Fineman
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Posted By: Geon Lee (February 6, 2009 at 11:26 AM)

President Obama wants to promote the destruction of unborn babies. Look at a picture of an unborn baby HOLDING a finger of the surgeon during PRENATAL SURGERY(To see the picture, go to www.humanrightforunborn.com)


Posted By: Oplis (November 2, 2008 at 12:02 PM)

If Dems do, ...McCain will lose!

There are more Dems registered than Republicans this time, and if the undecided Democrats vote along party lines, Obama will win. This is why it is so important to get out the vote on the Dem side, we have to get this republican policy out , and get a different policy in place. Whether you believe Obama will be as affective as he says or not, McCain , will not be affective in change policy at all, he will be a Bush clone,....no?....he wants to stay in Iraq, " stay the course",..he wants to keep tax breaks for Corp.s in place including oil companies, plus add additional cuts for the oil industry, he wants to keep the tax rates for wealthy Americans, at present rate, he has no health plan, no education plan, and no solution to the economic crisis. Obama , is just the opposite, he knows that if you broaden your tax base with new jobs , in the form of green jobs, and high tech jobs, because of new training, and put the wealthy back in the tax rate they had under Clinton, and bring the troops home , saving 150 billion per year, all of this combined will improve the economy in the long run, and in the short run, a tax break for the middle class, and the troops out of Iraq.


Posted By: tegan (October 4, 2008 at 3:36 PM)

Obama is more white than black. You will see in the end, The blacks might vote him in but he will be just like all the other greaty people in the world, he is worth over 4 million dollars you really think he is going to give up his cash,,, lol


Posted By: graniteind (October 4, 2008 at 11:13 AM)

Hello? Is anyone paying attention to the facts here?

I'll agree that Obama may be youthful to the Washington Political Realm, but what is the point of supporting a more experienced politician that has expressed vague issues and does not differ in policies of our current administration?  "Ignorance may be bliss" for this country.  Obama voices very specific and strong differences to our current issues and policies.  Mccain clearly offers little if no assistance to hard working and struggling citizens of our country, while Obama has clearly defined strategies and tactics that serve to benefit the majority of hard working Americans.  We must start with a politician's beliefs. Political experience means nothing if it's full of hat air that offers nothing to the majority of America.


Posted By: Bettina (October 2, 2008 at 1:35 AM)

Whatever Obama does , he plays it safe , call it sitting on the fence , if you will.

This man is not fit to lead a country , he is immature and has no leadership skills.

Obama had a free ride , with the press and media being his biggest supporters.

His 22 year attendance at a radical anti american church was enough for me not to consider ever voting for him.

He was well aware what was preached in that church and he whole heartedly agreed with it .

He called Rev. Wright his friend and mentor.

Hence Obama's arrogance , he has gotten away with so much , he must think he has been able to fool everybody .


Posted By: alerjo (October 1, 2008 at 11:09 PM)

>>But above all Obama wants to portray himself as a calm and steady force—someone who, as his slogan says, offers “change we can believe in.”

>>Is he really that guy? Does he really offer a season of hope and renewal? The voters have a little more than a month to decide their answer.

The calm and steady force being the vessel for hope and renewal???

The article might be bearable if it wasn't infused with Obama-love. Only those who do not love Obama are free too see the contradictory nonsense being written by an adoring MSM. Obama-lovers/MSM are incapable of admitting that Obama is perfectly capable of running a lying, racist and highly partisan campaign.

I am not a die-hard McCain fan, but in this contest he is the authentic candidate. My vote would be more anti-Obama than pro-McCain.


Posted By: Geon Lee (October 1, 2008 at 7:35 PM)

Listen DIRECTLY from THE FIRST SOURCE instead of relying on mainstream media determined to elect Obama.

"Explosive Video, Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae"

-"Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis"


Posted By: lido (October 1, 2008 at 7:00 PM)

Politicians in both parties are to blame for this awful mess. If you have a couple of minutes, this link provides more facts than you'll find in the regular media.

http://patriotroom.com/?p=2479


Posted By: indi1216 (October 1, 2008 at 5:55 PM)

Please see this link

http://www.youtube.com/watch?v=PdJUCU1UH2w

WILL YOU STILL VOTE FOR HIM


Posted By: doctorfixit (October 1, 2008 at 5:26 PM)

The basic premises of the marxist ideology that form Obama's economic philosophy  have been laughed out of town, so how is it that the media proclaim him the Messiah on the economic front?  Instead of change, we will get with Obama a reversion to the mid-1800s - outdated notions of Industrial Revolution-era thinking. The essence of Obama's marxism is a total lack of hope, a cynical, poisonous view of human economic activity, and a hopeless resignation to government totalitarianism.  Naturally, Obama favors a massive government takeover of private banking - that's why the Democrats set this thing up in the first place.  The timing of this "collapse" fearmongering and the election cycle are not coincidental.  RIght this very moment Obama's radical marxist vote-fraud group ACORN is stealing the election in Ohio and other key states.   The votes of millions of Americans are being nullified by Obama's thugs.   He must be stopped.


Posted By: NDSue (October 1, 2008 at 4:17 PM)

Sebro1stl,

You seem pretty cranky today, so if I tickled you, that's probably a good thing.  If you don't see the bias in the article, I suggest you need better glasses.  We took Newsweek for years and years - until they put "the Gingrich who stole Christmas" on the cover, blaming Gingrich and the Republicans for the government shut down, when many in the country knew that it was just the opposite.  Then, we weren't blogging on the internet, so there wasn't much more to do than cancel our subscription.  I used to really enjoy Chris Matthews, and especially when Howard Fineman was his guest.  It was fascinating during the 2000 election morass.  But something changed at MSNBC, and they don't even pretend to be fair anymore.  The connection between the network and the newsmagazine is well-known - and no problem to me - but please, take off the blinders and get real.  Your hysterical posts indicate that it is YOU who need to get a grip - and grow up.


Posted By: Donna1000 (October 1, 2008 at 4:14 PM)

Human capital and innovation, wherever they might occur, are the last best hope of Earth.


Posted By: sebr01stl (October 1, 2008 at 3:57 PM)

There is nothing to show that Ifell's book, which none of you have read, since she's not finished with it yet, is anything more than an analysis of the rise of African American politicians with philosophies different from Jesse Jackson and Al Sharpton, and NOT the endorsement piece that many of you suggest. Look at her previous moderating if you want a REAL clue... and if you think Brokaw and Schieffer aren't pro-McCain, think again. I don't care, just so long s it doesn't show in their moderation of the last 2 pres. debates. Lehrer did a vERY good job on the first one, of not SHOWING any bias. Nice way though to try to give the Biden-Palin debate win to Palin IN ADVANCE no matter what. What are you Repubs afraid of? She's got "more executive experience," remember?  


Posted By: Tired of all this (October 1, 2008 at 3:52 PM)

I am very afraid that Sen. Obama will be elected. We are becomming a country of Lemmings following the Cable TV reporters right into voting for the Messiah. He has gotton a free ride over Rev. Wright, and I cannot believe the McCain group has not brought this to light. This morning I recieved an e-mail from a Jewish group and backed up by Google documentation that Obama is an Arab. I don't care if it is true or not, but I do care that this sweet talking dude with 153 days on the job will be my next President. If  this does not scare you, you are eith numb from the last 8 years, or brain dead.

As far as this bailout and his position........."present". I don't want any bailout. WHY you ask, okay. I live in the affluent suburbs of NY City. Westchester County to be exact. There is now and has been a building boom of huge mansions, and you don't have to be brilliant to figure out these huge homes are being built by guys in finance. Becasue of these Mc Mansions my  taxes have jumped to over $1200 a month. I don't want this bailout to help pay for these homes by my taxes.

You say that Obama could have said........"............................................." because of his "base", that is the issue, he does not want to elude to his "base" he does not want anyone to be reminded of his roots.

I work from home and have my TV on all day while I draw, or work in Photoshop, the entire day is an OBAMA commercial. If Mc Cain's plane were to crash, they would cover Obama. If Obama's plane would crash, the day would be a day of mourning, and not on camera would be on McCain.

Obama is an unkown, yet we treat him as if he is God himself. I am not religious so he does not affect me. How does Obama change his tune each day and if Palin makes a goof they do a two hour special on it.

Obama is SCARY, elect him, and we get another Jimmy Carter


Posted By: sebr01stl (October 1, 2008 at 3:47 PM)

NDSue, Repubs like you really tickle me. If the articles aren't blaringly making character assassinations on Obama, you call the author "in the tank." Can you not tolerate an objective analysis of the MOVEMENT of Obama, it's effect on the American people, assess the hitorical phenomenon, without calling an overview of it, an endorsement of the candidate? if I wrote an article on McCain's POW days and how his being a war hero might affect voters now, does that make me pro-McPalin? Grow up, or go read townhall.com or the National Review or Weekly Standard or something.


Posted By: rynokil (October 1, 2008 at 3:45 PM)

The comment posted previous to this one is the perfect illustration of a person who refuses to seek out the facts rather than to simply put "faith" in the words of Fox News analysts and right wing pundits.  Most unbelievable is the attempt to link Obama to Fannie and Freddie when the critical media outlets are publishing these facts:

"Senator John McCain’s campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations, current and former officials say. "  NYT

That's right.  $30,000 a MONTH!  And there are no invoices, and no billings associated with this payment, which means McCain's advisors weren't providing a service for a fee.  They were simply taking money based on lobbyists knowledge that they would be the shortest path to senator McCain.  And this is not one isolated bad apple.  McCain currently has 159 lobbyists working within his campaign, more that half of which are tied to Wall Street.  Does this represent McCain's values?

Furthermore, had McCain and his lobbyists had their way, the entire social security system would also be tied to Wall Street.  Not only would everyone's pensions dropped 10% in value on Monday, but their social security would have tanked as well.  That's not Country First, that's Wall Street first.

Barack Obama has spent his professional life fighting for the little guy.  He has been the underdog and knows what it's like to struggle, to work hard and to be proud of his own accomplishments.  There is no socialism in any of his policies.  There is only an intent to make sure that those of us who work hard, take care of our families and pay 25% of our salaries in taxes will actually reap the benefits of those tax dollars paid.  Obama is fighting to repair our roads, keep our children healthy and make our country safe.

Palin and McCain are simply fighting to make sure they get the most money at the least political cost.

"Just this year, she (Sarah Palin) sent to Sen. Ted. Stevens, R-Alaska, a proposal for 31 earmarks totaling $254 million — more, per person, than any other state."  This only a few months before claiming she had fought against earmarks in her state.

"On September 20, 2006, Sarah Palin visited Ketchikan on her gubernatorial campaign and said the bridge was essential for the town's prosperity."  This was a town of 50 residents and the bridge would have been as long as the Golden Gate Bridge and taller than the Brooklyn Bridge.  Does that appear to be sound financial judgement?  What about the fact that she has been lying about this since she was nominated for VP?  Strong values and morals??  Give me a break.


Posted By: sebr01stl (October 1, 2008 at 3:42 PM)

hrfc, Gov. Palin has a list of lies as long as my arm, which I won't go into all here. The foundation of their character is sound? Just asking, as long as someone' "patriotic," is it 'character' to cheat on spouses? is that why ewards took such a fall? Did you know that BOTh Palin and McCain have committed adultery (SINCE her religious conversion)?  LOL You sound like a Repub taking point - you should run an ad yourself, it's so pathetic.

justchillin, socialism is necessary in doses to pt capitalism run amok into ckecks and balances, in case you didn't know. No one's talking totally gov.-run everything or the elimination of private property, and we aren't talking the communist elimination of human freedoms altogether, so stop the scare tactics. We all know that with no regulation whatsoever, private sector Big Bbusiness, just keeps getting more and more corrupt, and keeps making the rich richer and the poor poorer; and, we also know that it has absolutely nothing whatsoever to do with "working hard" (Paris Hilton?) since some of the hardest working people arent making a living wage with minmum wage. If they do vote back in the Repubs into control in Congress, we'll get absolutely nothing done (as evidenced by their utter refusal to work with Dems since 2006, filibuster whatever "W didn't get to veto, and how they've dragged ass regarding the Bailout, as much as Main Street needs the protection from the domino effect from Wall Street, and even though Dems signed on to the Bill brought forth by  Repub pres, Treasury Sec. and administration), which sounds like exactly what you want. So much for wanting more than the bickering on Capitol Hill, and wanting to see some truly bi-partisan action for the American middle class...


Posted By: NDSue (October 1, 2008 at 3:32 PM)

Gosh Howard.  How are things in the tank?  Or are you just in the echo chamber?  


Posted By: justchillin (October 1, 2008 at 3:10 PM)

Hope, change, and a dose of socialism is what Obama is about.  Howard, please help me understanc what Obamas greatest accomplishment has been since he entered this earth?  He will probably get elected president because of the ignorance of the American public, but like Bill Clinton, people will see through it and in 2 years change the congress back to the republicans


Posted By: MoJabar (October 1, 2008 at 3:07 PM)

Even if Obama is Satan himself, I'll vote for him. Republicans need a 'time-out' to think about who they are. Tax and spend Democrats can't be any worse for this country than the spending orgy Republicans have subjected us to; And don't forget about the Bankruptcy legislation signed into law by a Republican Congress and President paid for by the very banks that were selling doomed exotic mortgages. Voting for  McCain-Palin is also risky, because if the Biblical Rapture occurs, Palin will probably be taken up to heaven and be unavailable for the job; though I do love her pro-stupidity stances and look forward to her daughter's shotgun wedding; it's all very entertaining.      


Posted By: hrfc (October 1, 2008 at 2:30 PM)

The bias in the media against McCain has been ridiculous.  What are Obama's favorable characteristics other than an ability to speak well?  When one looks at the character foundations of John McCain and Sarah Palin, one immediately recognizes their high degree of patriotism. Their desire to work for the country and for the citizens of the United States shines through. Their foundation is strong. When one looks at Obama's foundation it is riddled with cracks andd holes and lies. Ayers was not just a neighbor, they served on multiple boards together and money flowed between the two of them. Obama's  resume as a community organizer leads one to ACORN.  ACORN is presently being charged with voter fraud and embezzlement.  The Democrats tried to siphon money to a slush fund specifically to fund ACORN. Taxpayer money should not support such an organization.  When is the media going to expose the money trail  from Fannie and Freddie for Obama, Frank, Pelosi and Dodd? I've seen it online but barely if ever mentioned on the television. Much has been said about Sarah Palin's religion but I will take a faith filled  enthusiastic church to one filled with racism and hatred like Obama's Trinity church led by Reverend Wright.  Obama is liberal, extremely liberal, well actually he is a socialist who wants to redefine the American culture.  From his communist "godfather" in Hawaii to his mentor Alinsky, Obama has proven time and time again that he disputes American values. He talks a good talk but when challenged he lies,  banishes the ads, and clogs airwaves. Is that how he will support democracy?  Senator McCain and Governor Sarah Palin represent honesty, reform, peace and prosperity. The foundation of their character is sound and will uphold our country in peace and peril. God bless America and God bless Senator McCain and Governor Palin.


Posted By: MsChiTown (October 1, 2008 at 2:25 PM)

As to the comments about Gwen Ifill not being objective, I didn't hear many complaints when George Stephenopolous hosted a primary debate, even though he formerly worked for the Clintons.  As she's proven in interview after interview, no bias is needed,  Pailin is her own worst enemy.


Posted By: Nowforthetruth (October 1, 2008 at 2:03 PM)

PBS anchor Gwen Ifill, who is moderating Thursday night's vice-presidential debate between Joe Biden and Sarah Palin, is releasing a new book on Barack Obama, raising questions about her objectivity.  The book,  "The Breakthrough: Politics and Race in the Age of Obama,"  is due to be released about the same time the next president takes the oath of office.

http://news.aol.com/elections/article/bias-charges-for-debate-moderator-ifill/196918


Posted By: mtsosie (October 1, 2008 at 1:36 PM)

What I have noticed is that whenever McCain begins to slip in the polls or anything positive about Obama comes out, alot of Republicans blame the media coverage.  The media reports what people are interested in hearing.  They are reporting on Obama because that is what the majoriy of Americans want to hear.  

McCain had his chance but instead of taking advantage of it, he stubbornly keeps endorsing his disgraceful VP pick, or his shady campaign director. McCain had my vote for a while, but it is just one drama after another with his campaign.  And I just can't get over that Palin woman who thinks we are all stupid people to think that the gibberish that comes out of her mouth makes sense.  I applaud Newseek because they don't sugar coat anything and are not into catering to partisanship like FoxNews.


Posted By: Nowforthetruth (October 1, 2008 at 1:01 PM)

PBS anchor Gwen Ifill, who is moderating Thursday night's vice-presidential debate between Joe Biden and Sarah Palin, is releasing a new book on Barack Obama, raising questions about her objectivity.  The book, "The Breakthrough," is due to be released about the same time the next president takes the oath of office.

During the Republican National Convention, the PBS ombudsman fielded numerous complaints about Ifill’s coverage of Sarah Palin’s speech. Wrote Brian Meyers of Granby, Ct.: “I was appalled by Gwen Ifill’s commentary directly following Gov. Sarah Palin’s speech. Her attitude was dismissive and the look on her face was one of disgust. Clearly, she was agitated by what most critics view as a well-delivered speech. It is quite obvious that Ms. Ifill supports Obama as she struggled to say anything redemptive about Gov. Palin’s performance. I am disappointed in Ms. Ifill’s complete disregard for journalistic objectivity.”

See also:

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/55_say_media_bias_bigger_problem_than_campaign_cash

55% Say Media Bias Bigger Problem Than Campaign Cash

http://www.mediaresearch.org/cyberalerts/2008/cyb20080819.asp

Media Credibility Plummets, Just 30% Believe 'Most Trusted' CNN

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/51_say_reporters_are_trying_to_hurt_palin_39_say_she_has_better_experience_than_obama

51% Say Reporters Are Trying To Hurt Palin; 39% Say She Has Better Experience Than Obama


Posted By: befair (October 1, 2008 at 12:06 PM)

Sen. Obama really is the candidate who can and will do more to get this country back on track. He understood that piling on this bill would have been the surest way of making it fail and that this particular bill was not a bill that could be used to force the Republicans to go along with things they do not want to go along with. He clearly has said these programs and reforms remain in his list of things to do for the country but we have to deal with the crisis at hand and get that fire put out first. He has not turned his back on any of the issues that were mentioned in this article. Anyone running for President must walk a thin line daily and that is the reality. He must get elected to move the country forward, he cannot do it any other way.


Posted By: mtsosie (October 1, 2008 at 11:49 AM)

It all comes down to this:  How can I trust the judgment of a man who picks as his running mate a person who refers to herself as "Joe six pack"?  Who is he going to staff his Cabinet with- Hobo Jack?  And I won't even venture into the Supreme Court seats, should they arise.  How degenerate.

Please America, forget party lines! Please remember the country we are leaving for our kids is at stake here!


Posted By: S_e_savas (October 1, 2008 at 11:48 AM)

Howard has done a good job of characterizing the uncertainty about Obama. It is easy to remain above the fray when all you care about is being elected. It will be much tougher when you are held responsible for the solution. I don't think it will be easy to take the "middle" course on contentious issues (a few are health care or social security) when your own party has a large legislative majority and various interest groups - such as unions, teachers and others -want payback for their huge monetary support. Being the nice guy (with moderate, practical solutions) in the middle doesn't look likely to be sustainable.


Posted By: paproudmom (October 1, 2008 at 11:41 AM)

I did not know whether to laugh or cry at this "in the tank" piece on Obama.  Would the editors of Newsweek wake up and hire some objective journalist.  Maybe there are no objective journalist left.  I know I can hardly stand to read articles or watch the news anymore.  


Posted By: Geon Lee (October 1, 2008 at 11:10 AM)

Obama's "key  words are hope, change and belief."  REALLY?  Watch "Explosive Video, Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae"  You hear directly from THE CEO of FANNIE MAE, WHICH IS AT THE HEART OF THIS FINANCIAL MESS.


Posted By: MoJabar (October 1, 2008 at 10:51 AM)

Are not we one 9/11-style terror attack away from total economic destruction; remember the dammage that was done to the stock market after the attacks? If AlQueda does have sleeper cells, they are probably preparing to deliver the death blow to our already weak economy. Plus they can send Bush off in the manner they greeted him and assure his legacy as the worst President ever; additionally they will engage the President-elect in more expensive Jihads, and finally jihadis love to celebrate Ramadan by killing infedels in terror attacks. Goodbye prosperity, Hello Great Depression Part 2!


Posted By: ferv888 (October 1, 2008 at 10:44 AM)

are you nuts?  He showed Strenth.  Obama voted present and you know it.  He has not made a single phone call, he stated a couple of times in his talks that he wanted the Dem/Rep to get their act together.  Well Mr. Obama, what is that act, what are you really for in this.  

How can you bypass the connections of Obama and Jim Johnson/Franklin Raines.  What you guys hope for is that the public will never figure out who did what to who.  The Fannie./Freddie issues are what casued this to happen, and who was the root cause?  The CRA that Clinton used to badger the loans to be made.  Look at the congressional hearings when "racism" was used by Maxine Waters and Greg Meeks, shame on you guys, you are so one sided, you can not see the end of your nose.  

Pray for guidence Mr. Fineman, pray that those of you who write coloumns like this can tell the whoe truth and not as you wish it were.

FERV888


Posted By: Harvybing (October 1, 2008 at 10:43 AM)

THE BAIL OUT CRISIS WAS CAUSED BY A HANDFUL OF CORRUPT CONGRESSMEN AND A HANDFUL OF EQUALLY CORRUPT FANNIE MAE OFFICIALS WHO BOUGHT UP 7 TRILLION IN BAD DEBT IN ORDER TO PAD THE BOOKS AND COLLECT HUGE SALARY BONUSES.

HERE ARE THREE VIDEOS THOSE CORRUPT FANNIE MAE OFFICIALS & AT LEAST FIVE CORRUPT GOVERNMENT OFFICIALS DON'T WANT THE AMERICAN PEOPLE TO SEE:

http://www.youtube.com/user/TheMouthPeace

If you agree, then PLEASE pass it along To All Your Readers And To Your Friends. Someone Needs TO GO TO Jail For This !!

And Here Is Another Shocking Fannie Mae Video

http://www.youtube.com/watch?v=_MGT_cSi7Rs  

And Yet Another  

http://www.youtube.com/watch?v=q2WKtp01yOw

As Soon As The Source Of This Meltdown is exposed, the sooner those few Corrupt Crooks will give up their strangle hold on the Democratic Party. And The Sooner This Sorry Chapter Will Come To A Close. But as Long As Those Corrupt Democrats are allowed to hide behind their flimsy accusations of Republican responsibility, this charade will continue. These corrupt Democrats broke it, now let’s shine some light on them and disinfect the situation. The sunlight of knowledge is a miraculous disinfectant for political corruption. Will You Do Your Part And Pass These Videos Along To Everyone You Know?


Posted By: Smart Guy (October 1, 2008 at 10:42 AM)

McCain was right to go to Washington to work on the Bill....the idea of leaving this legislation to the Committee Chairmen is what caused the MELTDOWN!!!

Chris Dodd, Charles Schumer, and Barney Frank are IN THIS THING UP TO THEIR EYEBALLS!!!

And Barack Obama is not far behind.

http://www.youtube.com/watch?v=_MGT_cSi7Rs


Posted By: olderwiser (October 1, 2008 at 10:41 AM)

Heck, maybe we worry too much about what would happen if Mc Cain won and didn't make it very far down the line. Dick Cheney would be available to advise Mrs. Palin about how to get things done and she could lip sync along with him. I feel better already.


Posted By: Smart Guy (October 1, 2008 at 10:39 AM)

If OBAMA is being so amenable why is he ridiculously telling people that the financial mess if McCain's fault, WHEN McCAIN TRIED TO REGULATE FREDDIE MAC and FANNIE MAE!!!!

And Chris Dodd, Barney Frank, Charles Schumer, and YES BArack Obama pushed him down!!!!

This WHOLE FINANCIAL MESS WAS PREDICTED 2 YEARS AGO---and Barney Frank told them all they were crazy and wanted to push for DEREGULATION OF THESE TERRIBLE INSTITUTIONS!!!!

IF DEMOCRATS CAN'T BRING THEMSELVES TO SHARE RESPONSIBILITY IN WHAT ACTUALLY HAPPENED THIS COUNTRY IS RUINED!!! THE Democratic PArty is like an alcoholic that pretnds everything is okay!!!

Obama is the worst!!!


Posted By: olderwiser (October 1, 2008 at 10:39 AM)

Mc Cain, at his advanced age, operates like the calf who was walking down the fence with the old bull. The calf said, "hey, let's jump that fence and go over there and romance one of those cows". The old bull said, "no, let's walk down this fence, walk through the gate, and romance all of those cows".

Mc Cain jumped the fence, acting in these later years as if his second childhood has arrived, romanced one of those cows, and the rest of the cows voted against his purposes. Obama walked the walk down the fence and studied the field. I'll take his method any day to run something as big as the whole United States Government.


Posted By: Smart Guy (October 1, 2008 at 10:36 AM)

Howard Fineman finally comes out of the closet and explicitly admits he is in the tank for Obama....what an idiot!!!

Obama was in no way concillatory when he makes a stark remark about how John McCain's desire fro deregulation caused our financial mess---it was OBAMA's party's desire for reckless mismanagement of Fannie Mae and Freddie Mac---and there is a REASON why OBAMA got almost as much money as Dodd!!!!

Can DEMOCRATS OWN UP TO THEIR ROLE IN CAUSING THE MELTDOWN!!!!

UNTIL THEY STEP UP, THIS COUNTRY IS DOOMED!!!!

They did it!!!


Posted By: olderwiser (October 1, 2008 at 10:34 AM)

Yes, lassley, Obama knows when to hold'em and he knows when to fold 'em. Mc Cain bet his stack, bragged that he had saved the nation and then watched the pot go across the table. We need better than this and especially with him having no back up whatsoever if he has a stroke, or worse.


Posted By: lassley (October 1, 2008 at 9:53 AM)

So,in other words, he did nothing.


Posted By: m.nolan (October 1, 2008 at 9:44 AM)

Barack Obama's "judgment" told him to stay in Florida at "debate camp" while everyone else was in D.C. hammering out this bail out deal. What kind of person, who wants to be president and therefore knows how important this bail out will be to his term in office, chooses to stay away in a room getting debate pointers?  

Once the American people realize that it was the Dems who kept Fannie and Freddie afloat even though they were corrupt entities; once they realize that McCain asked, in 2006, for more REGULATION on Fannie and Freddie; once they realize Obama and Dodd got hundreds of thousands of dollars from Freddie and Fannie for their campaigns; once they realize the bailout bill held millions for Barack's old boss ACORN; once they realize that ACORN is involved in voter fraud suits in ALL the battleground states; once they see all this and realize how incompetent Nancy Pelosi is (she didn't even realize she didn't have the votes to get the bill passed....can't she count???) there is no way they will allow a situation where Pelosi and Reid run the Congress and Barack Obama...ACORN's community organizer...runs the White House. The American people, as evidenced by their overwhelming rejection of the first bail out bill...have their own set of checks and balances: one Party runs Congress the other sits in the Oval Office.

John McCain will be the 44th President of the United States of America.    


Posted By: C. MacLean (October 1, 2008 at 9:27 AM)

McCain is a hero, and has served his country both in war and peace. He's worked hard in the senate, and he has been the thorn in Bush's side on many occasions. But it has been sad to watch this man of integrity deteriorate these last months.

His philosophies are old and his time is past. We no longer need a warrior, we need a statesman. Thank you, John, for all your sacrifice and hard work. Please enjoy your retirement - you've earned it.

Or to quote Bob Dylan - your old road is rapidly fading, please get out of the new one if you can't lend a hand, for the times, they are a-changin'.


Posted By: cowen123456 (October 1, 2008 at 8:50 AM)

Gwen Ifill, who is moderating Thursday's VP debate, is releasing a new book on Barack Obama, raising some questions about her objectivity.

An obama supporter moderating a vp debate? wow!  bias at its most blatant!  someone somewhere must think voters are just a bunch of gullible empty spounges!


Posted By: Tony2001 (October 1, 2008 at 8:42 AM)

Partoftheplan, this is what befuddles me about those who say McCain is a great American. It is a phrase often used without much explanation and it has become taboo to suggest otherwise but please explain to me why he is a great American?

He was a prisoner of war just like thousands of American soldiers have been, the one thing that made him stand out was because his dad was the commander of the vietnamese troops and as a result he was used as propaganda material that showed up in American TV screens. Yes he was tortured and brutalized like so many other POW's and he should be recognized and honored for that just like every other soldier who was unfortunate to get captured and tortured. But beyound that what makes him a hero? They say he refused to be freed if his fellow POW's were not released also, that was just following the military code of conduct that every soldier was expected to follow.


Posted By: Partoftheplan (October 1, 2008 at 8:27 AM)

McCain is a great American, never doubt that. Please do not belittle his life story. However, McCain-Palin is not the right ticket for this election. Give Ombama his shot, give him 4 years and see what happens.


Posted By: Tony2001 (October 1, 2008 at 8:04 AM)

The best candidate in this race by far is Barack Obama and if it was not for the prejudices of some, he would already have built an insurmountable lead. He has shown remarkable leadership and poise under pressure while John McCain has shown his erratic tendencies and bad temperament in the past few weeks.

While people have been focusing their attention on Sarah Palin's inadequacies for the position everybody seems to think that McCain might be qualified to lead but I beg to differ. Nothing in McCain's past suggests that he is leadership material. His whole career was based on nepotism. He was pushed through the naval academy despite very low grades, graduating fifth from the bottom of his class, he was a poor pilot that was quickly shot down in Vietnam after 20 hours of missions. He became a famous POW because his father was the commander of the forces in Vietnam and the Vietcongs kept him alive and used him as propaganda material while many not so fortunate POW's died in custody. He is the only POW in American history that is considered a war hero, others like MacArthur, Eisenhower and Patton, actually led men to glorious victories in the battlefield. He came back from Vietnam and capitalized on his failure as a pilot that landed him in jail to a career in politics. His lack of leadership and compromise abilities alienated him from his own party and he is not much loved in his own party or across the aisle.

He desperately recruited Sarah Palin to get support in his own party even though she has proven to be sorely unprepared for the office. Now his campaign is engaging in smoke and mirror tactics to decieve the masses into electing a discredited and totally unfit ticket to the highest office in the world.


Posted By: liberty or death (October 1, 2008 at 7:50 AM)

This is absolutely ridiculous. Both of these candidates are completely ignorant on the economy and monetary policy. Both of their economic plans are fiscally irresponsible and are not viable to pull this country out of debt. Even their "best people" have them supporting this bailout which sets a dangerous precedent by rewarding reckless behavior in corporate entities. Over 200 economists have signed on a statement denouncing this bailout bill but for some reason we think these POLITICIANS know the answer? My how dumb we are.


Posted By: wintertime (October 1, 2008 at 7:17 AM)

Senator Obama has a global view of the world and a strong understanding of technology, and both are needed in the 21st Century. He also is a pragmatic man with innovative ideas and is a man filled with energy. And equally important, he can pull together the best people for an economic and political crisis. In short, he's capable of sharing the reins with those who are capable of handling them. Obama is thoughtful and even-keeled, and God knows, America needs those qualities just now.


Posted By: Anju Chandel (October 1, 2008 at 3:48 AM)

America is really fortunate to finally have a "genuine leader" like Barack Obama who is poised to become its 44th president. I wish every country in this world had its own Barack Obama. May God Bless Barack Obama, America and the Whole World.

"Barack" means "blessed"! Now, America has to think rationally without any racial bias and elect him to take their country out of the worst mess it is in today - thanks to 8 years of absurd governance under GW Bush. Then, America will automatically get "blessed"! "Baracked!!!


Posted By: benkrapf (October 1, 2008 at 2:31 AM)

God bless Barack Obama. I can't wait to see him sworn in.


Posted By: Mwalimu (October 1, 2008 at 2:01 AM)

    To Concerned: If you teach in an inner city school, you are quite capable of leading the country, at least far more capable than some one who gets her trhills out of gunning down defenseless wolves. (Who incidentally in their own way practice family values.).

    Seriously though, what makes Obama a leader is his caution and his pragmatism. The liberal ideologues will be a little disappointed with Obama because Obama doesn't necessarily buy into all of their preconceived view. Instead, he considers all of the view out there, he tries to strike deals and forge compromises. Unlike shot-from-the-hip McCain, Obama is cautious about making statements before he has all the evidence. Like FDR, Obama is pragmatic focusing on workable solutions and changing course when the solutions do not work. This is the leadership we need.


Posted By: ConcernedMilf (October 1, 2008 at 1:40 AM)

Who can we trust now?  Who do you want to run your country?  You want a statesmen running things, that's who.  Everytime a Republican uses the word elite like its a bad word, I cringe.  Why do they do that?

Elite (also spelled Élite) is taken originally from the Latin, eligere, "to elect".  The position of an elite at the top of the social strata almost invariably puts it in a position of leadership.  So you want the elite to run our country.  By definition!!!  Who else?

There are farmers.  Sure, we need farmers. We need men that understand how things grow, the best pesticides to use, how genetically enhanced food will eventually start to effect our physical evolution, how to clean water, how to irrigate, how to make dry areas green, how to effectively  fertilize without having any ill affects on local water systems.  How to thoughtfully bring the grow areas closer to market so that we save on energy and travel costs.  We need farmers. We need smart farmers.  But we don't need them to run the country.

We need dentists and doctors .  We need people who have spent their years learning to keep our bodies healthy and save lives.  Dentists and doctors are essential to prevent the spread of massive disease and thereby head off all sorts of economic and environmental disasters. But we don't need one to run our country.

We need teachers.  Someone must gather the mistakes of the past, and teach those lessons to us as children, so we can build on that information and offer a better life to our kids.  We need teachers to give us basic skills like reading and math and language in order to function effectively in society.  We need teachers to introduce us to imagination, art, and music.  And at the very least, we need teachers to watch the kids for a few hours so as parents, you can have some sanity.  But we don't need a teacher to run the country.

We need builders.  Someone has to know how to make brick and mortar, how to create a home, how to make it safe, bring in plumbing and electricity, and construct a family's home base to return to generation after generation.  But we don't need a builder to run our country.

We need sheriffs.  Someone has to stop those with mad cow disease from killing, raping, stealing, and swindling the rest of us.  But we don't need that sheriff to run the country.  We need him to run the legal enforcement system.

We need generals.  We need those who clearly see chess-like decisions 30 moves ahead and can instill bravery and duty in their men.  But we don't need those generals, skilled in the art of war and destruction, to run our country.

We need soldiers.  In a time of crisis, we need them to save and rescue.  In a time of fear and intrusion and attack, we need those who will rise and defend us.  We need those who will follow orders and trust in their commanders to see the bigger picture.  But we don't need them to put down their weapons and lead the country.

Leaders should be leaders.  Those who listen and engage those around them.  Those who amalgamate and gather information.  Those who surround themselves with uninterested parties. And if there are special interest people in our leader's inner circle, let them be the type of people who work for the greater good.  A leader should be someone who can compromise and negotiate.  Those who understand job creation.  Someone who is compassionate.  We need a leader who can analyze data.  Someone who makes friends and allies.  A leader should be able to keep the cost of living down.  Our leaders should be those who choose peace and can and will build a framework to keep it.  Although I am more spiritual than religious, I feel that those who are pious and moral would make the best leaders.  Answering to a higher power is always a good motivation for making the best decisions.  Leaders should be hopeful and undamaged.  We need someone who is as whole emotionally as possible, not someone who could easily have been deeply affected by being kept in a hole.

Leaders should be leaders.  Those who have peaceful homes and respect the constitution of family and marriage.  Those who are engaging and endearing.  Those without bloodlust. Those who do not wish to instigate (audio of McCain on wanting to be where the guns were firing to be inserted here), We need those who deliberate.  Those who know its easier to say no, than to say yes, but still chose to say yes.  We need problem solvers, peacekeepers, those who can hire well (Rick Davis et al data here).  Those who are well informed and instill loyalty.  That is to say, if they don't know something, those closest to our leader make sure they find it out, and quickly, almost before anyone else.

Leaders should be leaders.  Those who value education above all. Not someone who puts down anyone with an education.  A leader of this country should remember the tired, the helpless, the poor.  Our leader should understand the incredibly valuable commodity that our country has to offer, opportunity.  Our leaders should hold that opportunity dear and do all they can to keep it accessible, abundant, and contemporary.  Our leaders should understand that upholding the availability of opportunity is the best export we have and that channeling that opportunity into the green job market would be for the good of our planet.  Our leader should be someone who can get the world to join us in our efforts and maybe even recruit those allies to help us fund worldwide green research and implementation.  Our leaders should walk the walk and drive a green car to be a good example for the nation. And when our economy is in trouble, we need someone who will sound the alarm, early on (see footage of Obama) and not try to lull the masses (see video of McCain).

Leaders should be leaders.  Those who are willing to admit and point out when others are right.  Those who can look you in the eye.  We need someone you can innately trust.  Those who get involved the minute there is a problem, and start working toward a solution (Bush continued to read to the kindergartners on 9/11, McCain stayed in NY two extra days when the economy crashed and did not participate in negotiations).  Our leader should know basic geography.  For instance, Spain is in Europe, not in Latin America, not in Mexico, and not in our hemisphere.  Iraq doesn't border......

Leaders should be leaders.  Those who can unite minorities and raise them up to the level of everyone else.  The history of the United States is fraught with mistakes, massive slavery of a people, annihilations of the native Americans, persecution of the native Hawaiians, disregard for the native American Eskimos.  This legacy must no longer be passed on.

If you look at all the living ex-Presidents, you will see that the 4 or 8 years really age them.  They almost seem to age quicker than the rest of us.  Maybe its the stress, the lack of sleep, or the critics, but each time the office seems to take its toll.  We need someone who can take the ageing element out of being President, by starting out younger.

We need heroes.  We do.  We treasure them.  We look up to them.  We respect them.  But in a leader, we need someone who will use their reach to gather solutions, not reach out to their minions and encourage them to "kill the other guy."  (See different messages that went out from both campaigns.  Barack asking for suggestions, McCain asking his camp to continue to slander and defame the other guy.)

Can you honestly say that McCain is this leader?

www.thesarahpalinportal.com


Posted By: amt7799 (October 1, 2008 at 1:18 AM)

Mr Fineman. Thank you for your advice. After watching this race for almost 2 years, I, my family, my friends , my co-workers and my employess ( 452 of them ) we have come to a decision to vote for Obama. Why ? his life story, his goal, his vision , his way of handling the race, his attitude toward his oponents (that included Hillary ) , his sincerity, his intellect , his knowledge and of course his leadership ...those are the things that you cannot make up for yourself , because in the long run, no things can hide under the sun. Sarah Palin is an example. People are not stupid, may be I'm stupid once by voting for Bush, I , my family, my friends, my co-workers and employers will not make the same mistake this time. Look at the judgement of Mr McCain in picking his VP , to me it is an insult for American people. The bottom line where this country would go under her Presidency ? Mr Fineman, I'm asking you to think harder on your choice, without holding any preconception about ....things.  Thank you.


Posted By: bricko (October 1, 2008 at 12:58 AM)

Howard, what are the chances of someone asking Andrea Mitchell and David Gregory about their spouses involvement in this economic mess.  Gregory's wife is/was a big muckity muck executive at Fannie Mae and of course we know who Andrea is married to...Greenspan.  

Likely both may be in jail once these investigation Im hearing are coming get rolling.   Barney Frank and Chris Dodd better find some immunity also.

Why dont you hit them up next time you rub up against them.

O is that allowed amongst media darlings etc.


Posted By: RenaissanceEconomy (October 1, 2008 at 12:56 AM)

I am part of Obama's base.  I am extremely disappointed that he has not come out against the bailout.  I understand the fear.  Does Obama understand the hope?  Let the marketplace work.  The eocnomy does not rest with our institutions.  What is the economy for?  

If the bailout passes, it seem clear to me that a few will protect their financial resources while the rest of us will be left with the bill in a ever worst economy.  If the bailout fails, then a few will lose money but a new, much better, perhaps even sustainable economy will grow.  (ie affordable housing)  President jefferson warned us that our government will become corrupt if we do not pay attention.  I need change I can believe in.  I do not trust this bailout.  www.stopthehousingbailout.com


Posted By: Cynthia Herrick (October 1, 2008 at 12:25 AM)

Thank you for your article. As far as how the candidates handled the bailout...All I can remember from the last couple of days is seeing a man running around telling the country that the economy was sound one minute...and then the next he was was telling us that the market was crashing and we have to support the President's bailout plan (no questions asked...kind of like how he supported the President's call to go to WAR in IRAQ because SAUDI ARABIANS had flown airplanes into the towers in New York). Don't even get me started...then he tells the country he wasn't going to the debate (Because he can't do 2 things at one time?) and then he shows up but can't even took his opponent straight in the eye when he as he called him "Naive". Naive to believe he can use diplomacy instead of weapons to communicate with other countries, Naive to believe that a black man could ever become president...Naive to think he could stand shoulder to shoulder with an old navy sailor who managed to get through the Naval Acadamy with the help of his legacy (an admiral father and grandfather). So all I can say about Obama is that he has remained cool, calm and collected...like a PRESIDENT of the United States . I hate to break the news to McCain but it's pretty naive for him to believe that an old dog could ever learn new tricks!


Posted By: thehappyamerican (September 30, 2008 at 11:54 PM)

NO! Finemann! The old Navy motto is if YOU don't know what the F... you're doing then get  the hell out of the way of those who do!

   Appearently there is NOBODY at Newsweek who does know what the  problem is in Washington, but we can call it the Frankenschumer monster...a creation of Obama's own party! Obama is NOT part of the solution!

   In fact the ultra-low approval the US Congress EARNED it's self came about by OBAMA's party's campaign of Americans Suck First .

   Obama's calm is easy to explain! It's because he's a stuffed shirt! Unless he's in rock star mode! or dising wounded US service men!( Oh and by the way... he has a wrist band, so gets a free pass).

     America is a great country and Americans great people!A land of oppertunity and not gloom, so get the F... out of the way Fineman!


Posted By: 38thParallel (September 30, 2008 at 11:19 PM)

Keep Moving Forward

I have watched Senator Obama as his detractors, the McCain campaign, and the Republican Party launch unscrupulous attacks at him.

He's as cool as a Sicilian Godfather determined to fulfill the wishes in a request. He has the patience of the Caucus elders during the winter's blast. He has the resilience of a slave destined to be free.

However, he is simply a man.

Senator Obama will be the next President of the United States for a plethora of reasons.

For Senator McCain, his time has past.

The country sees 2 different worlds. The past full of death, division, hypocrisy, and racism, and the future filled with the potential of infinite possibilities of life for America and her children.

Man was created by God to evolve and improve day-by-day while moving into His future.

So, Walt Disney reminded us, "Keep Moving Forward."

...and so mote it be...


Posted By: sharenews (September 30, 2008 at 9:07 PM)

OBAMAs DANGEROUS PALS

Baracks Organizer Buds Pushed for Bad Mortgages

By Stanley Kurtz

Posted: 3:53 am

September 29, 2008

(Part 1 of 2)

Excerpt:

Chutzpah: ACORNs (Association of Community Organizations for Reform Now)  

DRIVE TO LOWER MORTGAGE STANDARDS PAVED THE WAY for the MELTDOWN - yet last week, it was holding protests like this one in Florida, trying to get a cut of the financial-market-rescue bill.

WHAT exactly does a  COMMUNITY ORGANIZER DO? Barack Obamas rise has left many Americans asking themselves that question. Here is a big part of the answer: Community organizers INTIMIDATE BANKS into making HIGH-RISK LOANS to customers with POOR CREDIT.

In the name of fairness to minorities, community organizers OCCUPY private offices, CHANT inside bank lobbies, and CONFRONT executives at their homes - and thereby FORCE financial institutions to direct hundreds of millions of dollars in mortgages to low-credit customers.

In other words, community organizers HELP TO UNDERMINE THE US ECONOMY by pushing the banking system into a SINKHOLE OF BAD LOANS. And OBAMA has spent YEARS TRAINING AND FUNDING THE ORGANIZERS WHO DO IT.

THE seeds of todays financial meltdown lie in the Community Reinvestment Act (CRA) - a law passed in 1977 and MADE RISKIER by unwise amendments and regulatory rulings in later decades.

CRA was meant TO ENCOURAGE banks to MAKE LOANS TO HIGH-RISK BORROWERS, often minorities living in unstable neighborhoods. That has provided an opening to radical groups like ACORN to abuse the law by forcing banks to make hundreds of millions of dollars in subprime loans to often uncreditworthy poor and minority customers.

(Continued in my post below: Baracks Organizer Buds Pushed for Bad Mortgages)

(Continued from my post above:  Baracks Organizer Buds Pushed for Bad Mortgages)

(Part 2 of 2)

Any bank that wants to expand or merge with another has to show it has complied with CRA - and APPROVAL CAN BE HELD UP BY COMPLAINTS FILED by groups like ACORN. In fact, intimidation tactics, public charges of racism and threats to use CRA to block business expansion have enabled ACORN to extract hundreds of millions of dollars in loans and contributions from Americas financial institutions.

Banks already overexposed by these shaky loans were pushed still further in the wrong direction when government-sponsored Fannie Mae and Freddie Mac began buying up their bad loans and offering them for sale on world markets.

Fannie and Freddie acted in response to Clinton administration pressure to boost homeownership rates among minorities and the poor. However compassionate the motive, the result of this systematic disregard for normal credit standards has been financial disaster.

ONE key pioneer of ACORNs subprime-loan shakedown racket was Madeline TALBOTT - an ACTIVIST WITH EXTENSIVE TIES TO BARACK OBAMA. She was also in on the ground floor of the disastrous turn in Fannie Maes mortgage policies. Long the director of Chicago ACORN, Talbott is a specialist in  DIRECT ACTION  - organizers term for their MILITANT TACTICS OF INTIMIDATION AND DISRUPTION. Perhaps her most famous stunt was leading a group of ACORN protesters breaking into a meeting of the Chicago City Council to push for a living wage law, shouting in defiance as she was arrested for mob action and disorderly conduct. But her real legacy may be her drive to push banks into making risky mortgage loans.

FULL ARTICLE:

http://www.nypost.com/news/p/obama_barack/obama_barack.htm


Posted By: Duck Soup (September 30, 2008 at 9:05 PM)

"I've never met him before, but I've been hearing about his Senate speeches since I was in, like, second grade."

No, that's not someone criticizing Senator McCain.  Amazingly, it's Senator McCain's clueless running mate criticizing Senator Biden.  Check out the whole ridiculous exchange:  http://rawstory.com/news/2008/Palin_explains_comment_about_Bidens_age_0930.html  

What in the world is Palin thinking??  This proves that Palin, shall we say, lacks more than a little seasoning.  No way is she ready to lead us as President of the United States.    

This proves Palin's dumb comment about Russia wasn't a coincidence.  As a reminder, Palin was asked by Couric how Palin could say Alaska's proximity to the Russian Far East, which is even more remote than Siberia by the way, could possibly by itself give Palin significant foreign policy experience.  Instead of backing off her idiotic statement, Palin responded, well Russia's really close and we have trade missions.  We later found out no such trade missions even exist - it was another lie like her lie that she killed the bridge to nowhere that she keeps repeating well after it's been debunked.

Here's what Biden has to do at the debate.  Back off.  Don't shoot the fish in the barrel.  Treat her just like Couric.  When your opponent is on self-destruct the last thing you want to do is get in the way.  

I don't blame Palin for this.  I blame McCain.  He never should have picked her.  He didn't vet her to see whether she would be so out of her league.  It's his fault.  He was reckless.  He shot from the hip and he lost.  Maybe Palin will improve over time - but that will take a several years, not three months.


Posted By: masoukihei (September 30, 2008 at 8:58 PM)

I think it would be naive to assume that Obama wasn't willing to "go to the mat" for beliefs his background would imply. Indeed "change we can believe in" is one from an administration that acted primarily on its ideology, pragmatism and truth be damned. So yes, being interested in getting things done would be a sign of renewal to me. As for the bailout, the economics behind it are arguably sound, but Mr. Paulson made critical errors in not addressing key issues, such as the mere few listed below:

http://blog.trustedid.com/?p=660


Posted By: crutch512 (September 30, 2008 at 8:27 PM)

A bailout package failed yesterday.  Hurray.  Time asked, in a poll, “Who’s to blame” for the failure of passage?  To blame?  I’m thrilled it failed.  Whom do I congratulate?

Pelosi said, in her speech yesterday, the initial Paulson Plan would have given the Secretary of the Treasury absolute power to spend the $700 billion and manage the revenues it might generate.  

This situation reminds me of the German Reichstag’s vote in 1932 to give Hitler the power to make laws.  They were in an economic crisis and believed Hitler could expeditiously solve it if he were freed from the long process of seeing laws work their way through the Reichstag, if he were freed from checks and balances.  Many are claiming we are in an economic crisis and must act immediately, must “do something.”  The Bush administration is doing all it can to spread fear and confusion just as it did in their lead up to the Iraq invasion.  Instead of “WMD” and “terrorist threat” and “code orange” we hear “economic collapse” and “loss of 401-k.”  If Paulson and the Bush faithful could have what they want, we the people would see an Economic Kaiser (Paulson) and the genesis of an economic Holocaust in America.  Genesis---because the negative effects of what Paulsen really wants won’t fully be realized for years to come.  

The Congress should put this matter aside until we have a new president.  Putting it on hold until after January 2009 would allow us to actually see a bit of what may happen if we don’t act.  More importantly, it will allow us to get beyond the fear mongering of the Bush Administration.


Posted By: TLW CA (September 30, 2008 at 8:17 PM)

I have never run for political office; however I do vote. I think more than any other election, the media has gone overboard in attempting to influence voters.  That said, I find some of the questions that news anchors ask candidates as a set up. Let's be realistic...to expect either Obama or McCain to have an opinion based on a 3 page $700B proposal is ridiculous; given the complexitiy of the challenge we face as a nation. Further, we can't change the past; so whether it was a democratic or republican administration; in my opinion is irrelevant (other than for the purpose of blaming).

Moreover, the current President, as well as, McCain worry me most, because neither of them 'listen'.

We often complain at work about not being listened to, or in relationships with spouses, children and others. So when Obama takes the time to 'gather as much information as possible' before sticking his foot in his mouth, seems thoughtful, responsible and what we need now more than ever in a leader.

We seem to think that there is one model of leadership. Jim Collin's book Good to Great does an excellent job of noting that quite leadership has often been as effective, if not more so, than those that love to live in the spot light. I think our country needs a patient, thoughtful leader that does his/her homework and comes forward in a credible way with solutions, ideas, and messages that we as voter/citizens can believe in.  In giving Obama the benefit of the doubt, I am being patient to see what he offers in the upcoming debates. I'm also wondering whether his well placed lack of trust in the McCain camp has him waiting to share his plan vs. having it denegrated for political purposes (as the media has done with Sarah Palin in my opinion).

I think Obama would like to say more, but sometimes, 'less is more'. I tend to be more confident in those that continue to move forward than I do in those that jump from one position to the next. The actions McCain has taken in the last week, don't generate trust; rather they keep people on edge. He also seems mean, headstrong, elitist and 'wrapped too tight' for what I think we need.

While he may be more knowledgable than the current sitting President was when he was first elected, if he is elected; the qualities and style he has shown me suggests, that he may create more foreign adversaries than allies. I don't buy the McCain act and have little confidence in Sarah Palin in the event McCain is unable to complete his term of office. I don't like Cheney either, but I have no questions about whether or not he is qualified for his position.  She is not ready for prime-time leadership and I agree that this poor judgment is inconsistent with the notion of Country First!

Fighting for the sake of fighting is not what I want our country to stand for and Obama will make tough; yet thoughtful decisions. At least I believe he is capable of responsibly studying an issue before 'betting the whole ranch' on his gut instincts.

So while I appreciate your call for action, there is a difference between doing things well and doing the right things well. So far, in my humble opinion, Obama has done more of the latter; and this keeps me hopeful!


Posted By: cani77 (September 30, 2008 at 8:13 PM)

show details 8:17 PM (7 minutes ago)

Reply

n a few weeks we will make a choice  that will decide our future.

I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.

Also, he perfectly predicted the current real estate market meltdown and the picture he paints about what will happen in the next couple years

is terrifying.He thinks it will be worse then the great depression.

The banks in the U.S. are going under one after the other. Countrywide the largest morgage bank in the world,Bear Stearns, Lehman Brothers and Merrill Lynch which are 3 out of the top 5 wall street firms. Also,  Fanny and Freddy Mae which hold 50 percent of the  home loans in the United States.

The government took them over because they are essentially bankrupt.If they didn't the entire financially system would virtually shut down, the stock market would crash and we would suffer beyond what any of us have seen before.

McCain just like Bush " doesn't understand the economy".  

That not just my opinion its his own words. Not  only does he not understand how to fix it but he does not understand exactly what  is broken.

It is no  surprise that he doesn't. The people that make up these securities  use complex mathematical  models very few people understand.

Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.

Bush's economic advisor  Phil Graham wrote  the deregulation bill  that allowed banks to take huge risks with all of our future.

Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.

No one in this country can afford for that to  happen. The last time Bush met with his economic advisors was in March. He either didn't care or didn't realize that anything was wrong.  Phil Graham had the guts to say that we are in a mental recession after he  helped create the worst economy meltdown in our lifetime.

It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be

even more destructive because things are in much worse shape. The next president will not inherit a surplus like Bush did but a tanking economy and a 11,600,000,000,000 (trillion) dollars deficit.  Most of it Bush created  and it will take decades to pay it back.    

If you do what you have always done then you will get what you have always got.

When it comes to policy Bush and McCain are the same 90 percent of the time.

So  why are the polls even close then ?

The chairman of McCains campaign recently said that people don't vote on issues they vote on a personality composite. Which means he is trying to sell you personality instead of results.

He believes people will vote against their own interests.

Let's teach him we are smarter than that .  

Hold them accountable  NOW!  

Elect Obama Biden 2008

Check out this video of sarah palins interview it will blow you away

http://www.youtube.com/watch?v=r36Xc0GG4iQ


Posted By: cani77 (September 30, 2008 at 8:07 PM)

show details 8:17 PM (7 minutes ago)

Reply

n a few weeks we will make a choice  that will decide our future.

I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.

Also, he perfectly predicted the current real estate market meltdown and the picture he paints about what will happen in the next couple years

is terrifying.He thinks it will be worse then the great depression.

The banks in the U.S. are going under one after the other. Countrywide the largest morgage bank in the world,Bear Stearns, Lehman Brothers and Merrill Lynch which are 3 out of the top 5 wall street firms. Also,  Fanny and Freddy Mae which hold 50 percent of the  home loans in the United States.

The government took them over because they are essentially bankrupt.If they didn't the entire financially system would virtually shut down, the stock market would crash and we would suffer beyond what any of us have seen before.

McCain just like Bush " doesn't understand the economy".  

That not just my opinion its his own words. Not  only does he not understand how to fix it but he does not understand exactly what  is broken.

It is no  surprise that he doesn't. The people that make up these securities  use complex mathematical  models very few people understand.

Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.

Bush's economic advisor  Phil Graham wrote  the deregulation bill  that allowed banks to take huge risks with all of our future.

Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.

No one in this country can afford for that to  happen. The last time Bush met with his economic advisors was in March. He either didn't care or didn't realize that anything was wrong.  Phil Graham had the guts to say that we are in a mental recession after he  helped create the worst economy meltdown in our lifetime.

It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be

even more destructive because things are in much worse shape. The next president will not inherit a surplus like Bush did but a tanking economy and a 11,600,000,000,000 (trillion) dollars deficit.  Most of it Bush created  and it will take decades to pay it back.    

If you do what you have always done then you will get what you have always got.

When it comes to policy Bush and McCain are the same 90 percent of the time.

So  why are the polls even close then ?

The chairman of McCains campaign recently said that people don't vote on issues they vote on a personality composite. Which means he is trying to sell you personality instead of results.

He believes people will vote against their own interests.

Let's teach him we are smarter than that .  

Hold them accountable  NOW!  

Elect Obama Biden 2008

Check out this video of sarah palins interview it will blow you away

http://www.youtube.com/watch?v=r36Xc0GG4iQ


Posted By: thehappyamerican (September 30, 2008 at 7:21 PM)

The Democrats are sticking with the play book...blame republicans! And stick with the Americans Suck First campaign!

    Entirely predictable. Frank'n Schumer's monster has everyone scared and Schumer and Frank are doing the finger pointing game franticly!

   There should be some people going to prison... and probably will be!

    ACORN (Obama)  should be investigated.


Posted By: Nowforthetruth (September 30, 2008 at 6:24 PM)

Obama is getting a bump out of this because people are not being reminded of  the whole history where the economy is concerned, and who did what when.  Call it bias by omission.  The media simply says that the economy is Obamas strong issue, but never discusses the facts in detail.  Further, who had a  majority when is rarely relevant.  If the simplistic Party In Power model were true, then the Democrats would not  have needed the House Republicans when they tried to pass the bailout bill, as Democrats have the majority in both houses and there is no threat of  a veto. In theory, they do not need the Republicans to vote at all.  In fact, something like twelve (12) Democrats from Barney Franks own banking committee voted against the bill.  Obviously, it is not so simple and the media does the voter a disservice by doing little more than reinforcing the error. A similar argument would be to say that the economy appeared to be doing fine until the Democrats took over control of Congress and the power of the purse, then it tanked.  As an aside, the media also misleads regarding the Clinton economy when they fail to mention that it also ended in a recession, requiring the first round of Bush stimulus checks immediately after he took office..  

Do Obama and the Democrats deserve a lift in the polls as a result of the financial and mortgage problems?  The answer from history is a clear NO. Here's the lead of a New York Times story on September 30, 1999:   Fannie Mae Eases Credit To Aid Mortgage Lending  [link below].   That's 1999 folks.  Clinton Administration, I believe.

Here's the lead of a New York Times story on Sept. 11, 2003: The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. [see link below].  The Democrats killed it.

McCain said in co-sponsoring the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190: "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole. "  Result?  The Democrats killed it.

What was Barney Frank and fellow Democrats saying at the time of these attempted reforms? According to reports, Representative Barney Frank(D-MA) claimed of the thrifts "These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis, the more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." Representative Mel Watt (D-NC) added of the reforms "I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing." [ See Community Reinvestment Act, link below w/ history]

The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton.   Barney Frank and Nancy Pelosi  are on the list as well.

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

For an interesting article purporting to detail Barney Franks  long history with Fannie Mae, See http://www.businessandmedia.org/printer/2008/20080924145932.aspx

Also google:  Democratic House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive.

The last link  below describes how some in Congress tried to use the original version of the bailout bill to divert money  eventually recovered  to groups like ACORN. See:

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

http://en.wikipedia.org/wiki/Community_Reinvestment_Act

http://article.nationalreview.com/print/?q=M2QwNDhkZTg2OGYzZjkzM2E2NDEwM2U5OGVkNTc0YzU=

http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63

http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260

http://www.businessandmedia.org/printer/2008/20080924145932.aspx

http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj


Posted By: Nowforthetruth (September 30, 2008 at 6:24 PM)

Obama is getting a bump out of this because people are not being reminded of  the whole history where the economy is concerned, and who did what when.  Call it bias by omission.  The media simply says that the economy is Obamas strong issue, but never discusses the facts in detail.  Further, who had a  majority when is rarely relevant.  If the simplistic Party In Power model were true, then the Democrats would not  have needed the House Republicans when they tried to pass the bailout bill, as Democrats have the majority in both houses and there is no threat of  a veto. In theory, they do not need the Republicans to vote at all.  In fact, something like twelve (12) Democrats from Barney Franks own banking committee voted against the bill.  Obviously, it is not so simple and the media does the voter a disservice by doing little more than reinforcing the error. A similar argument would be to say that the economy appeared to be doing fine until the Democrats took over control of Congress and the power of the purse, then it tanked.  As an aside, the media also misleads regarding the Clinton economy when they fail to mention that it also ended in a recession, requiring the first round of Bush stimulus checks immediately after he took office..  

Do Obama and the Democrats deserve a lift in the polls as a result of the financial and mortgage problems?  The answer from history is a clear NO. Here's the lead of a New York Times story on September 30, 1999:   Fannie Mae Eases Credit To Aid Mortgage Lending  [link below].   That's 1999 folks.  Clinton Administration, I believe.

Here's the lead of a New York Times story on Sept. 11, 2003: The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. [see link below].  The Democrats killed it.

McCain said in co-sponsoring the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190: "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole. "  Result?  The Democrats killed it.

What was Barney Frank and fellow Democrats saying at the time of these attempted reforms? According to reports, Representative Barney Frank(D-MA) claimed of the thrifts "These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis, the more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." Representative Mel Watt (D-NC) added of the reforms "I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing." [ See Community Reinvestment Act, link below w/ history]

The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton.   Barney Frank and Nancy Pelosi  are on the list as well.

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

For an interesting article purporting to detail Barney Franks  long history with Fannie Mae, See http://www.businessandmedia.org/printer/2008/20080924145932.aspx

Also google:  Democratic House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive.

The last link  below describes how some in Congress tried to use the original version of the bailout bill to divert money  eventually recovered  to groups like ACORN. See:

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

http://en.wikipedia.org/wiki/Community_Reinvestment_Act

http://article.nationalreview.com/print/?q=M2QwNDhkZTg2OGYzZjkzM2E2NDEwM2U5OGVkNTc0YzU=

http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63

http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260

http://www.businessandmedia.org/printer/2008/20080924145932.aspx

http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj