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McCain Charges Obama with Taking Advice from Raines

By Howard Kurtz
The Ad: Obama has no background in economics. Who advises him? The Post says it's Franklin Raines, for "advice on mortgage and housing policy." Shocking. Under Raines, Fannie Mae committed "extensive financial fraud." Raines made millions. Fannie Mae collapsed. Taxpayers? Stuck with the bill. Barack Obama. Bad advice. Bad instincts. Not ready to lead.

Analysis: This John McCain ad is based on a disputed premise.

There's no dispute that Obama has no background in economics -- but then, neither does McCain, which makes this an odd charge for the Arizona senator to hurl.

Fannie Mae did collapse, requiring a government takeover, and Raines, its former chairman, paid $25 million in April to settle a case brought by federal authorities investigating his role in the agency's accounting problems. But he has never been a close adviser to Obama.

The commercial's main charge is based on an April story in The Washington Post that said Raines has "taken calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters." Reporter Anita Huslin says Raines told her that during an in-person interview.

An Obama spokesman called the ad's contention "a flat-out lie," saying Raines has "never advised Senator Obama about anything, ever." But Raines did not claim to have advised the Illinois senator personally. In an accompanying statement, Raines said he never "provided his campaign with advice on housing or economic matters." That contradicts what he told Huslin five months ago.

Whether viewers will somehow hold Obama responsible for the Fannie Mae collapse because of what is at best a slight association with its former head is open to question. The commercial seems intended as a response to an earlier Obama spot charging that McCain can't clean up Washington because seven of his top campaign officials are former lobbyists.

By Web Politics Editor  |  September 19, 2008; 9:20 AM ET
Categories:  Ad Watch  
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Next: Obama's Economic Counterattack

Comments

"the company was making a substantial profit?"

Sorry, they cooked the books. That's why Raines paid $25 million in April.

Posted by: Zeke Eagle | September 23, 2008 8:40 PM | Report abuse

It's far too late for Barack Obama and Fannie Mae's disgraced former CEO, Franklin Raines, to deny that Obama's campaign sought Raines' "advice on mortgage and housing policy matters." Raines himself made that boast when he was interviewed by the Washington Post's Anita Huslin last April, and it's beyond belief that neither Raines nor the Obama campaign noticed it when Huslin reported it shortly afterward. If it wasn't true, they would have denied it then instead of waiting until it became an acute embarrassment over five months later.

Posted by: hartlex | September 21, 2008 2:58 PM | Report abuse

But Raines was CEO of the company when... up through 2004? That is, four years ago, when the company was making a substantial profit?

And the statement that Raines "took calls" from Obama seeking advice doesn't say Raines actually gave him any advice. In any case, Obama doesn't just take advice from one advisor. He takes advice from many different points of view, synthesizes it all, and comes to a more balanced, objective policy... unlike McCain, who indicated to Katie Couric that the flaw that would most hinder his ability to be President is that he lacks objectivity in his decisions.

Posted by: Don | September 20, 2008 12:52 AM | Report abuse

Hemi ... please read my earlier note about Glass-Steagall. It's important.

On a relevant note, I can see that you are very afraid of the markets and our financial future overall. But to get at the solution, you can either chase down everything that's wrong, which would take a lifetime and more brainpower than possessed by the most brilliant economist (they often all disagree) or you can start from the perspective of what works and what can get us going again.

I used to study -- as a hobby -- education reform until I was exhausted from chasing down every hopeless alternative. For every "solution," there were drawbacks. Finally, it dawned on me that I needed to stop asking what doesn't work and ask myself what works best.

What do you feel works best for a healthy economy? Does it come from the government, that as Americans we don't instinctually trust, or do the solutions come from the individual?

I believe we need to put an emphasis on financial literacy in this country. Not just so consumers have the tools to protect themselves from a bad financial arrangement, but so they can understand how our markets work and not be so afraid to invest, which is the single-best way to provide for one's future. I cannot tell you the number of people I meet who have enough money to contribute to their 401(k)s, but they won't because they think it is all over their heads. What a grave loss. One of the big keys to investing is to start when you are young so you can drip money into those accounts, but I meet so many people who let 5, 10 years or more slip by before getting dipping a toe into the retirement subject.

People need to have a bigger stake in their financial futures -- and it starts with education.

If you have a heart for those hurt by this financial mess, then reach out to them -- not out of pity -- but to help them strengthen their financial positions. You can be a financial literacy educator. That's where change happens -- the you and me of this problem -- not the government. Because, let's be honest, you can have all the regulations you want, and a greedy mind can devise a workaround, a loophole to get their fists on money. It's up to the individual to stop the wolf at the door.

Posted by: JL | September 19, 2008 10:08 PM | Report abuse

Posted by: Hemi | September 19, 2008 6:57 PM

Hemi ... Clinton repealed the Glass-Steagall Act. That was a big mistake. It removed one of the most essential regulations that would have spared us this nightmare.

If you're a Democrat, you'll appreciate this balanced take -- no one escapes blame -- but Clinton does take a heaping portion:

http://www.progressivehistorians.com/2007/11/bill-clintons-role-in-mortgage-crisis.html

Posted by: JL | September 19, 2008 9:45 PM | Report abuse

From the Washington Post (via HotAir.com)... What say you about this, Kurtz?

* 7/16/08: “In the four years since he stepped down as Fannie Mae’s chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case’s D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.”
* 8/28/08: “In the current crisis, their biggest backers have been Democrats such as Senate Banking Committee Chairman Christopher J. Dodd (Conn.) and House Financial Services Committee Chairman Barney Frank (Mass.). Two members of Mr. Obama’s political circle, James A. Johnson and Franklin D. Raines, are former chief executives of Fannie Mae.“

Posted by: HotAir Reader | September 19, 2008 8:32 PM | Report abuse

So basically the Washington Post is saying that The Washington Post should not be trusted. Excellent. We already knew that.

Posted by: Bill | September 19, 2008 7:49 PM | Report abuse

Obama has James Johnson and Franklin Raines, while McCain has Ken Duberstein. Kenneth sat on the Fannie Mae board from 1998-2007.

He helped McCain with his 2000 Presidential run and then headed George W.'s transition team to the White House.

While on the Fannie Board, Ken's firm got over $1.8 million for keeping the regulatory wolves away from the door.

Be careful what you cite, Mr. McCain. The stench in Washington is in John's closet.

Posted by: Alan from San Angelo, TX | September 19, 2008 7:37 PM | Report abuse

What do you expect someone who think the presidency is a birthright. McCain is a better pilot then president, and thats scary.

Posted by: brock101 | September 19, 2008 7:05

)))))))))))))))))))))))))))))))))

Now that was funny.

Posted by: Hemi | September 19, 2008 7:36 PM | Report abuse

Oh snap I heard that mccain want to attack Spain.

Posted by: chitown | September 19, 2008 7:06 PM | Report abuse

What do you expect someone who think the presidency is a birthright. McCain is a better pilot then president, and thats scary.

Posted by: brock101 | September 19, 2008 7:05 PM | Report abuse

Posted by: Hemi | September 19, 2008 4:15 PM

Hi, Hemi,

Not everyone is losing their homes. I know a lot of smart young folks who have waited until housing prices have come down and are reasonable -- like a 1:3 income to house ratio, instead of the old 1:9 ratio -- to buy.

So some of us have tried to be smart with the little money we have. The others in this mess are, sadly, financially illiterate or they are speculators (late to the game, I might add).

Always be a contrarian investor -- tighten your belt when things are overpriced, save your pennies, and when someone else's rainy day comes, then buy that reasonably priced home. It's a challenge at a time of inflation, but it's the only way to make the best of what you have to spend. That's the only way to make a meager income stretch. Americans are starting to figure this out and adjust -- when there's a crisis, people wise up. And what's so very encouraging is to see the renewed interest in teaching kids financial literacy in the classroom. It's vital. Hopefully, it creates a generation of financial independence, so when campaigns run ads about growing government, voters can respond, "Why? I'm already doing for myself!" That's freedom -- instead of waiting for someone to liberate you from poor decisions.

Posted by: JL | September 19, 2008 5:13 PM

)))))))))))))))))))))))))))))))))))))))))))))

A lot of people weren't paying attention to buying at the top. They were offered a chance to buy a home with little or no credit and jumped on the opportunity to do it. What ticks me off is the lies that were told to people to make them think they could afford it. You can't expect people to know all the little details about buying a home. Their supposed to tell ya what's going on. These crooks were more concerned about making the deal to fill their pockets than they were about somebody that's going to lose everything. I've seen the shows on TV of people that lost their whole life savings because they weren't told about what happens when the interest rates go up. And I've also heard the stories about people living in their cars in parking lots because they have no place to go.. There used to be laws to protect people against stuff like this. The Republicans play this game every time. All their growth comes from borrowing and back-room deals that go bust in the end leaving us holding the bag. And the one thing that burns me up the most is the Naked Short Selling on Wall Street.. Their making millions on something that's 100% illegal and no one seems to have anything to say about it. It's the same thing as robbing a bank. They've gone to far. Bush got elected and he gave all his cronies a license to steal. It doesn't matter how smart you are if there's no rules to go by.

Posted by: Hemi | September 19, 2008 6:57 PM | Report abuse

So McCain is playing guilt by contact tactics.

Someone should tell McCain not to through stones from a glass house.

Posted by: JEFO | September 19, 2008 6:22 PM | Report abuse

What we see now is a man, an old out of touch man, caught up in a storm. Things are swirling all around him and he doesn't know what to grab onto for stability. Just like the financial disaster he and his Republican friends in Washington all helped create is spinning out of control, so is Mr. "Smear tactics and lies" McCain. Thank God for Obama and Biden, they are the only ones running now that still make sense.

Posted by: Democrats 08 | September 19, 2008 6:08 PM | Report abuse

Posted by: dlo2 | September 19, 2008 5:20 PM

If Obama's multicultural background has given him the tools to "reach out across the aisle," then why did he find a home in the divisive, angry and narrow-minded United Church of Christ?

Have you read Obama's book "Dreams of My Father"? Also eye-opening.

Posted by: JL | September 19, 2008 5:51 PM | Report abuse

Oh, Hemi ... important question ... because this has to do with perceptions and Obama's tax plan (the recent iteration):

What income do you consider "to be wealthy"?

I say it depends. If you're in a city, two income with two kids, you're going to need in excess of $110k. That is to afford a home in a reasonably nice neighborhood. I don't have kids, but I've lived in 3 cities (NY, SF and DC), so I know the costs.

Your thoughts?

Posted by: JL | September 19, 2008 5:36 PM | Report abuse

Posted by: dlo2 | September 19, 2008 5:20 PM

As a Republican, I would have preferred Romney, but we got Palin. It's made me nervous, but the national dialogue has changed in the last 4 years and has indirectly forced both parties to choose unknown quantities for both tickets.

As far as McCain being old, I don't blink at those things. I've learned from my own life experience to value the wisdom of those older than me. Sadly, our culture worships youth. The other "ism" in this campaign is age-ism. And the hostile attitudes I've seen displayed on the Web gives me the impression that those 40 and under (of which I'm one of) would just dismiss all of their elders' experience for a chance at the driver's wheel. You gotta earn it, you gotta prove it with a record, you gotta have more than words.

Posted by: JL | September 19, 2008 5:30 PM | Report abuse

Hemi ... Obama is so undeserving of your devotion.

CAGW is a nonpartisan organization, looking at the whole pie. Can you just take that dose of medicine? It'll cure your view of Obama.

It's so hard to face the truth. Obama just doesn't deserve that level of blind loyalty.

Have you watched "Hype"? It's a real eye-opener. Dick Morris has a beautiful segment on Obama and taxes. All I can say is that if Obama wins, you better figure out a way to save money after taxes. You and all of us will be hurting. Watch it. You owe it to yourself to challenge your ideas. I grew up in a rabid liberal environment and I work around liberals, so I'm constantly tested.

Posted by: JL | September 19, 2008 5:23 PM | Report abuse

No Palin is not ready, not for non-sycophant reporters, not for addressing the multi-lithic, multi-cultural, multi-religious citizens of these United States, not for the multicultural, highly educated leaders of the world (schooled in some of the best institutions in the world). And our world is not ready for someone who is incapable of grasping the reality that most grounded Americans can already see: a tragic charade colored with moxy who attempts to accompany a candidate for president who is old, weak and should be enjoying his final years without the added stress of these next 5 weeks.

Posted by: dlo2 | September 19, 2008 5:20 PM | Report abuse

The other week didn't Obama mock McCain for saying the economy's fundamentals are strong?

And today, he now says not to panic, that we'll make it through, that we always have? (Which implies that the fundamentals are strong enough for us to "muddle through.")

Geez. This guys is confusing.

Posted by: JL | September 19, 2008 5:18 PM | Report abuse

Did you guys hear that McCain got a 100% score in 2007 from Citizens for Govt Waste and an 88% lifetime score? That's money in your pocket through eliminating wasteful spending.

Obama got 10% and Biden got 0%. That's money out of the common tax payers' pockets.

Don't believe me? Read the report for yourself: http://councilfor.cagw.org/site/DocServer/2007_Senate_Ratings_Final.pdf?docID=3282

Sens. Biden and Obama are on page 8; and Sen. McCain is on page 7.

Posted by: JL | September 19, 2008 5:02 PM

)))))))))))))))))))))))))))))))))))))))))))))

And that's why our country is in the shape it's in now. Our bridges, roads, water ways, levies are all falling apart because John McCain thinks everything is pork. And I'll bet that article doesn't say where all the saved money went. How can you people be so dumb. They cut the spending here so they could feed it into Halliburton and all the other dummy companies Bush has rebuilding Iraq. When are you going to learn that their not out to do you any favors. And I'll prove what I say in about 5 minutes.

Posted by: Hemi | September 19, 2008 5:17 PM | Report abuse

Posted by: Hemi | September 19, 2008 4:15 PM

Hi, Hemi,

Not everyone is losing their homes. I know a lot of smart young folks who have waited until housing prices have come down and are reasonable -- like a 1:3 income to house ratio, instead of the old 1:9 ratio -- to buy.

So some of us have tried to be smart with the little money we have. The others in this mess are, sadly, financially illiterate or they are speculators (late to the game, I might add).

Always be a contrarian investor -- tighten your belt when things are overpriced, save your pennies, and when someone else's rainy day comes, then buy that reasonably priced home. It's a challenge at a time of inflation, but it's the only way to make the best of what you have to spend. That's the only way to make a meager income stretch. Americans are starting to figure this out and adjust -- when there's a crisis, people wise up. And what's so very encouraging is to see the renewed interest in teaching kids financial literacy in the classroom. It's vital. Hopefully, it creates a generation of financial independence, so when campaigns run ads about growing government, voters can respond, "Why? I'm already doing for myself!" That's freedom -- instead of waiting for someone to liberate you from poor decisions.

Posted by: JL | September 19, 2008 5:13 PM | Report abuse

In response to the turmoil that has roiled the domestic and worldwide financial markets, Mr. Obama delivered a 40-minute speech in this city west of Denver. He called for more aggressive regulation of Wall Street and a renewed emphasis on innovation.

“What we’ve seen the last few days ,” Mr. Obama said, “is nothing less than the final verdict on an economic philosophy that has completely failed.”

Mr. Obama essentially hit the rewind button on Tuesday, stepping back to remind voters of a series of economic proposals that he has offered over the last 19 months. His campaign’s movement was built on an opposition to the Iraq war, not a message of economic populism, so many of his proposals have received only moderate attention.

He called on increasing government oversight and supervision on all regulated financial institutions and strengthening capital requirements –- particularly for mortgage securities and other derivatives -– at the center of the financial crisis. He also proposed streamlining regulatory agencies as well as cracking down on trading activity that manipulates markets.

“We need to regulate institutions for what they do, not what they are,” Mr. Obama said. “Over the last few years, commercial banks and thrift institutions were subject to guidelines on subprime mortgages that did not apply to mortgage brokers and companies.

Posted by: Hemi | September 19, 2008 5:04 PM | Report abuse

Oops! I meant Citizens Against Govt Waste -- Big Difference.

In a nutshell, late August CAGW gave McCain "hero" status for saving taxpayers money.

Whereas Bide and Obama have two of the worst records in the Senate.

Posted by: Anonymous | September 19, 2008 5:03 PM | Report abuse

Did you guys hear that McCain got a 100% score in 2007 from Citizens for Govt Waste and an 88% lifetime score? That's money in your pocket through eliminating wasteful spending.

Obama got 10% and Biden got 0%. That's money out of the common tax payers' pockets.

Don't believe me? Read the report for yourself: http://councilfor.cagw.org/site/DocServer/2007_Senate_Ratings_Final.pdf?docID=3282

Sens. Biden and Obama are on page 8; and Sen. McCain is on page 7.

Posted by: JL | September 19, 2008 5:02 PM | Report abuse

Watch this speech in 2004 (parts 1-3) and see if this resonates with today's foreign concerns ...

http://www.youtube.com/watch?v=C_t_9d8L70U

Posted by: JL | September 19, 2008 4:53 PM | Report abuse

HEMI

You are correct RMueller did type a little to fast and should have used spell check. But He is correct that there are more registered republicans than democrats. McCain has this election hands down. SORRY FOR YOUR LOSS. DONT BE SO ANGRY THAT YOU LET A SPELLING ERROR BLIND THE FACT THAT THE MAN IS RIGHT.

Posted by: JC | September 19, 2008 3:09 PM

)))))))))))))))))))))))))))))))))))))))))

Ya know what, this election is rigged to the max. I looked up the articles months ago about voter registration, and Democrats were wiping the floor with Republicans. Now all of a sudden you have all (new articles) out that say the Republicans have some new high tech get out the vote operation going on . Obama was registering voters since the primary with Clinton when the Republicans weren't even talking about voter registration. And like I said before, Gore won the popular vote in 2000, and Kerry only lost it by 3% in 04. As mad as people are now about the mess we're in, your going to tell me that more people are going to vote Republican for another 4 years of George Bush. I don't think so. There is no way on earth that people are enjoying losing their jobs, homes, and 4 dollar a gallon gas. And I won't even get in to the Iraq war that produced no WMD's and took 5000 American lives. You people are living in La La land.

Posted by: Hemi | September 19, 2008 4:15 PM | Report abuse

Anything the Washington Post or Howard Kurtz prints, particular concerning politics, needs to be checked independently for veracity. Their track record is dubious and highly partisan. My instinct is to assume they are lying until proven otherwise.

Posted by: Richard | September 19, 2008 4:13 PM | Report abuse

Hemi wrote:
Obama: He's got 8 years in the Ill. Senate, and almost 4 in the U.S. Senate..

0bama was elected to the senate in 2004, sworn in January 4, 2005. In February 2007 he announced his candidacy.

Realistically, that gives him all of 2 years and one month of experience in the senate - much of it probably spent "learning the ropes".

The best experience 0bama has is working on his career.

Posted by: dev null | September 19, 2008 4:11 PM | Report abuse

FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT OF 2005

GovTrak- Senate Record

Sen. John McCain [R-AZ]: Mr. President, this week Fannie Mae's regulator reported that the company's quarterly reports of profit growth over the past few years were "illusions deliberately and systematically created" by the company's senior management, which resulted in a $10.6 billion accounting scandal.

The Office of Federal Housing Enterprise Oversight's report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae's former chief executive officer, OFHEO's report shows that over half of Mr. Raines' compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.

The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator's examination of the company's accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.

For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac--known as Government-sponsored entities or GSEs--and the sheer magnitude of these companies and the role they play in the housing market. OFHEO's report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO's report solidifies my view that the GSEs need to be reformed without delay.

Quick Info
S. 190 [109th]: Federal Housing Enterprise Regulatory Reform Act of 2005
Last Action: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Status: DeadI join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. 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.

I urge my colleagues to support swift action on this GSE reform legislation.


Posted by: Scott | September 19, 2008 4:04 PM | Report abuse

Hemi:

why not vote for McCain ... even the "Big Dog" seems to have his doubts:
http://latimesblogs.latimes.com/washington/2008/09/bill-clinton-ob.html

all I can say PUMA ...

Posted by: Anonymous | September 19, 2008 3:56 PM | Report abuse

I just posted 2 Bush campaign ads from 2004.

Look at them and tell me you are not looking at McCain '08!

http://scootmandubious.blogspot.com/2008/09/bush-2004-political-ads-sound-familiar.html

Posted by: scootmandubious | September 19, 2008 3:55 PM | Report abuse

What in the world is a "Democrate"?

Posted by: anon. | September 19, 2008 3:52 PM | Report abuse

df

Posted by: barrylveit | September 19, 2008 3:48 PM | Report abuse

Democrates for McCain!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by: susanS. | September 19, 2008 3:36 PM | Report abuse

HEMI

Actually Gov. Palin has more experience than the whole democratic ticket. There is no way Obama will win. Please face the facts and start preparing for a McCain/Palin administration.

Posted by: Drew | September 19, 2008 3:33 PM | Report abuse

Hello Mr. Kurtz,

You will fail in your attempt to mischaracterize this issue, with your defensive article trying to protect Obama. As others have previously mentioned, this article of yours is at odds with others published in your own newspaper. Allow me to clarify the issue you're trying to obscure.

When John McCain said:

"Two years ago, I called for reform of this corruption at Fannie Mae and Freddie Mac. Congress did nothing. The Administration did nothing. Senator Obama did nothing, and actually profited from this system of abuse and scandal. While Fannie and Freddie were working to keep Congress away from their house of cards, Senator Obama was taking their money. He got more, in fact, than any other member of Congress, except for the Democratic chairmen of the committee that oversees them. And while Fannie Mae was betraying the public trust, somehow its former CEO had managed to gain my opponent's trust to the point that Senator Obama actually put him in charge of his vice presidential search."

This is what he was referring to:

"Fannie Mae and Freddie Mac have also strategically given more contributions to lawmakers currently sitting on committees that primarily regulate their industry. Fifteen of the 25 lawmakers who have received the most from the two companies combined since the 1990 election sit on either the House Financial Services Committee; the Senate Banking, Housing & Urban Affairs Committee; or the Senate Finance Committee. The others have seats on the powerful Appropriations or Ways & Means committees, are members of the congressional leadership or have run for president. Sen. Chris Dodd (D-Conn.), chairman of the Senate banking committee, has received the most from Fannie and Freddie's PACs and employees ($133,900 since 1989). Rep. Paul Kanjorski (D-Pa.) has received $65,500. Kanjorski chairs the House Financial Services Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises, and Freddie Mac and Fannie Mae are government-sponsored enterprises, or GSEs.

Top Recipients of Fannie Mae and Freddie Mac
Campaign Contributions, 1989-2008

Dodd, Christopher J [ S D-CT ] $133,900
Kerry, John [ S D-MA ] $111,000
Obama, Barack [ S D-IL ] $105,849
Clinton, Hillary [ S D-NY ] $75,550
Kanjorski, Paul E [ H D-PA ] $65,500"

Given his recent arrival on the scene, Obama seems to be catching up very quickly. This is available at:

http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html

Here's what Wikipedia had on Raines before Obama's people deleted it:

"Franklin Delano Raines (born January 14, 1949 in Seattle, Washington) is the former chairman and chief executive officer of Fannie Mae who served as White House budget director under President Bill Clinton. He is currently employed by Barack Obama's Presidential Campaign as an economic adviser.

The son of a Seattle janitor [1], Raines graduated from Harvard University, Harvard Law School; and Magdalen College, Oxford University as a Rhodes Scholar. Raines was of age during the Vietnam War, but performed no military service. He served in the Carter Administration as associate director for economics and government in the Office of Management and Budget and assistant director of the White House Domestic Policy Staff from 1977 to 1979. Then he joined Lazard Freres and Co., where he worked for 11 years and became a general partner. In 1991 he became Fannie's Mae's Vice Chairman, a post he left in 1996 in order to join the Clinton Administration as the Director of the U.S. Office of Management and Budget, where he served until 1998. In 1999, he returned to Fannie Mae as CEO, "the first black man to head a Fortune 500 company."[1]

On December 21, 2004 Raines accepted what he called "early retirement" [2] from his position as CEO while U.S. Securities and Exchange Commission investigators continued to investigate alleged accounting irregularities. He is accused by The Office of Federal Housing Enterprise Oversight (OFHEO), the regulating body of Fannie Mae, of abetting widespread accounting errors, which included the shifting of losses so senior executives, such as himself, could earn large bonuses [3]."

. . .

"In June 2008 Wall Street Journal reported that Franklin Raines was one of several politicians who received below market rate loans at Countrywide Financial because the corporation considered the officeholders "FOA's"--"Friends of Angelo" (Countrywide Chief Executive Angelo Mozilo). He received loans for over $3 million while CEO of Fannie Mae. [5] Franklin Raines is currently one of Barack Obama's chief economic advisers."

http://74.6.239.67/search/cache?ei=UTF-8&p=%22Franklin+Raines%22+obama+campaign&y=Search&fr=yfp-t-501&u=en.wikipedia.org/wiki/Franklin_Raines&w=%22franklin+raines%22+obama+campaign&d=PokePvReRfON&icp=1&.intl=us

Mr. Kurtz, you won't be able to obscure the truth of this for 45 days. This is not your father's newsmedia. McCain looks more precient than ever in his calls for campaign finance reform, as this illustrates the need for it. This issue is taylor made for him. He can even claim ownership of the issue as he lead the movement and co-sponsored the reform legistation. Now he can say, "This is what I was talking about." Many people will see an enormous conflict of interest when congressmen and presidential candidates are accepting contributions from what has become essentially a bankrupt corrupt government agency, which they had oversight responsibility for this whole time. Now the taxpayers have been force to pay for this mess. With the war nearly over, this will take center stage, as it should. The economy is the number one issue, and this scandal caused all the damage to the economy. Get ready for President McCain, and get ready for the next 'Watergate' trials. This scandal is bigger than this year's presidential campaign, which it will decide.


Posted by: barrylveit | September 19, 2008 3:33 PM | Report abuse

Don't for get the oyster population is decreasing. I thought I saw Bush and Cheney wrestling with a fishermans net on the bay last Saturday.

Posted by: John G. | September 19, 2008 3:28 PM | Report abuse

Adam / Toni

You should be ashamed. Yes Obama is not ready to be president but you should never vote republican even if he is the better man for the job.

Posted by: Demi | September 19, 2008 2:34 PM

))))))))))))))))))))))))))))))))))))))))

What makes you think Obama is not ready to be President. He' a lot smarter than McCain, and knows how Washington works just as much as anyone else. He's got 8 years in the Ill. Senate, and almost 4 in the U.S. Senate.. There comes a point in time when the amount of years you have in just don't matter anymore. Then it's all about the decisions you make. And everyone knows that McCain has a real bad temper. A person like that don't think with their head. You throw a Dick Cheney in to the mix, and you get another unnecessary Iraq war.

Posted by: Hemi | September 19, 2008 3:21 PM | Report abuse

HEMI

AS FAR AS THE IRAQ WAR GOES I GUESS BUSH WAS THE ONE THAT BLEW UP THE WORLD TRADE CENTER. HE MUST HAVE ALSO SHOT THE SECRET WEATHER MISSLE INTO THE SKY THAT CAUSED HURRICANE KATRINA. OH YEAH AND IN REGARDS TO THE ALL THE SHORTAGE OF BEES BUSH AND CHENEY ARE SECRETLY STEALING ALL OF THEM SO THEY WILL HAVE HONEY FOR THE REST OF THERE LIVES. GET A LIFE. DEMOCRATS ARE THE ONES THAT ARE THE REAL MORONS!!!

Posted by: RMueller | September 19, 2008 3:20 PM | Report abuse

HEMI

You are correct RMueller did type a little to fast and should have used spell check. But He is correct that there are more registered republicans than democrats. McCain has this election hands down. SORRY FOR YOUR LOSS. DONT BE SO ANGRY THAT YOU LET A SPELLING ERROR BLIND THE FACT THAT THE MAN IS RIGHT.

Posted by: JC | September 19, 2008 3:09 PM | Report abuse

I think bush should draft new legislation to declar himself supreme ruler for the next 8 years due to terrorist threats.

Posted by: kevin | September 19, 2008 2:59 PM | Report abuse

HEMI -

DO YOU REALIZE THAT THERE ARE MORE REGISTERED REPUBLICANS THAN DEMOCRATES IN THE UNITED STATES. YOU OBVIOUSLY FAILED AT MATH CLASS IF YOU CAME TO A DIFFERENT CONCLUSION. THE REALLY SAD THING IS THAT ALOT OF DEMOCRATES ARE VERY YOUNG AND IGNORANT. ONCE THEY GROW UP, BUY A HOUSE, START PAYING TAXES FEDERAL AND PROPERTY THEY WILL UNDERSTAND HOW THE WORLD REALLY WORKS. FEED THE NEEDY NOT THE GREEDY! DEMOCRATES ARE LIKE PIGS AT THE TROFF WHAT EVER THEY DONT EAT THEY LET SPILL TO GROUND IN WASTFULL SPENDING. GET A CLUE, MCCAIN WILL WIN BY THE WILL OF THE AMERICAN PEOPLE NOT A RIGGED ELECTION.

Posted by: RMueller | September 19, 2008 2:10 PM troth

)))))))))))))))))))))))))))))))))))))))))))

Where the hell do you get your info from. Bush had to rip off the election the win. Did you really say how the world really works, feed the Needy not the Greedy. Wow, Bush's pals just ripped off people for billions by naked shorting the market (which is illegal ) but you wouldn't know it by the way Cox is calling for a temporary ban on an illegal act. And you got some nerve talking about wasteful spending when the republican moron in the White House already burnt 3 trillion dollars on another illegal act, the Iraq war. Then that lo-life moron sends his whole family over to Iraq to set up his dummy companies and make millions off the lives of our soldiers blood. And another thing, I didn't fail at math, but you sure as hell failed at spelling. You can't even spell Democrats right. And wasteful is spelled with an E and one L. And what the hell is a TROFF. Do you mean Troth. Moron. Don't be such a smart a$$.

Posted by: Hemi | September 19, 2008 2:54 PM | Report abuse

I despair. The people who have posted here have not checked their facts. Indeed, it seems they haven't even read the article that they're blogging.

Alas, we are all in this together. People, could you please, PLEASE, check your facts before you tap those keys distill your venom???

Posted by: Bloomie | September 19, 2008 2:53 PM | Report abuse

Will my house double in value under Obama. If so he's got my vote. LOL

Posted by: Davy | September 19, 2008 2:37 PM | Report abuse

Adam / Toni

You should be ashamed. Yes Obama is not ready to be president but you should never vote republican even if he is the better man for the job.

Posted by: Demi | September 19, 2008 2:34 PM | Report abuse

ADAM

IAM WITH YOU. DEMOCRATS FOR JOHN McCain!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by: ToniT. | September 19, 2008 2:31 PM | Report abuse

This will be the first year in my life that I will vote. I registered democrat but I will vote john McCain. Obama has no game plan.

Posted by: Adam | September 19, 2008 2:28 PM | Report abuse

I am still ashamed that Obama is the best my party could come up with. I am a registered democrate but I will vote McCain this election. Thats for sure!

Posted by: JoeyK. | September 19, 2008 2:20 PM | Report abuse

Matters not the color of the corruptions all who have been party to this fall must be made to pay.

Posted by: Cal Brown | September 19, 2008 2:17 PM | Report abuse

There is nothing in the ad that is not a true statement as far as the McCain campaign would have known. If there is an error is was on the Washington Post's behalf.

I find it ironic that in an attempt to attack McCain and bolster up Obama, the Washington Post is not standing on their reports (plural) that the John McCain campaign used in the ad.

If anything needs to be done if would be the Washington Post to make a formal apology to to both John McCain and Barrack Obama.

How pathic the media has become.


Posted by: Uomo Del Ghiaccio | September 19, 2008 1:54 PM

________________________________

I don't think so. McCain's add is tying the housing crises to Obama for possibly seeking advice. And to top it all off, this story is about accounting matters that have nothing to do with the current problems we're facing now. This crises is about regulation. Or should I say, deregulation. And we all know who that republican was that's responsible for slipping in that bundle of disaster that got passed..

Posted by: Hemi | September 19, 2008 2:16 PM | Report abuse

I dont think Obama is the best thing for our country right now. He will make all the wrong moves.

Posted by: LORRI L. | September 19, 2008 2:16 PM | Report abuse

Democrats for John McCain and Sarah Palin in 2008

Posted by: Cynthia | September 19, 2008 2:15 PM | Report abuse

HEMI -

DO YOU REALIZE THAT THERE ARE MORE REGISTERED REPUBLICANS THAN DEMOCRATES IN THE UNITED STATES. YOU OBVIOUSLY FAILED AT MATH CLASS IF YOU CAME TO A DIFFERENT CONCLUSION. THE REALLY SAD THING IS THAT ALOT OF DEMOCRATES ARE VERY YOUNG AND IGNORANT. ONCE THEY GROW UP, BUY A HOUSE, START PAYING TAXES FEDERAL AND PROPERTY THEY WILL UNDERSTAND HOW THE WORLD REALLY WORKS. FEED THE NEEDY NOT THE GREEDY! DEMOCRATES ARE LIKE PIGS AT THE TROFF WHAT EVER THEY DONT EAT THEY LET SPILL TO GROUND IN WASTFULL SPENDING. GET A CLUE, MCCAIN WILL WIN BY THE WILL OF THE AMERICAN PEOPLE NOT A RIGGED ELECTION.

Posted by: RMueller | September 19, 2008 2:10 PM | Report abuse

McCain campaign littered with lobbyists - TRUE

Palin strongly supported the bridge to nowhere - TRUE

McCain vehemently supported de-regulations - TRUE

Palin seeked millions in earmarks as governor – TRUE

Palin has not released her taxes - TRUE

Obama's tax cuts are better for the middle class – TRUE

Palin welcomed the Troopergate investigation, now running from it - TRUE

McCain/Palin will not mention the word "republican" - TRUE

The word "republican" was no where to be found at the RNC convention - TRUE

Palin will not take on any press conferences - TRUE

Hannity interview with Palin: An infomercial - TRUE

Infomercials are dishonest - TRUE

Keep repeating the TRUTH as TRUTHS, because they are TRUE.

Dishonest campaign breeds a dishonest president, hence McCain.

Americans can not afford this dishonest spiraling disaster in leadership ANYMORE!!

Obama '08 – the high road.

Posted by: JC | September 19, 2008 2:05 PM | Report abuse

THE WASHINGTON POST IN OWNED BY ONE OF THE MOST LIBERAL LEFT WING GROUPS KNOWN TO MAN KIND. YOU MEAN TO TELL ME THERE IS NO BIAS IN THE ARTICLES THEY RUN. COME ON GET REAL.

Posted by: John G. | September 19, 2008 2:00 PM | Report abuse

MCain will win and the media will then simmer down. When its all said and done Obama is the token "first black man running for office" that doesnt have a chance when they close the curtain to the voting booth. SAD BUT TRUE.

Posted by: Mike D. | September 19, 2008 1:38

((((((((((((((((((((((((((((((((((((((((((

The only thing that's sad is Pappy McCain and his deteriorating brain. Everyone knows that the media is corrupt as hell, and nobody pays any attention to what they say. Their corrupt polls that don't consider people with cell phones as part of the election because that's where Obama's largest base is. Their all a joke. McCain's lies has people jumping the republican sinking ship big time. Democrats are registering by the millions while the Repubes are becoming a dying breed.. The only way you'll win this election is by stealing it with your rigged voting machines. Everything you repubs touch turns corrupt, and I wouldn't expect this election to be any different.

Posted by: Hemi | September 19, 2008 1:58 PM | Report abuse

RMueller -

I would agree that Bill Clinton is a discrace to our country but this blog is about OBAMA/MCCAIN!!!

Posted by: Jeni | September 19, 2008 1:55 PM | Report abuse

There is nothing in the ad that is not a true statement as far as the McCain campaign would have known. If there is an error is was on the Washington Post's behalf.

I find it ironic that in an attempt to attack McCain and bolster up Obama, the Washington Post is not standing on their reports (plural) that the John McCain campaign used in the ad.

If anything needs to be done if would be the Washington Post to make a formal apology to to both John McCain and Barrack Obama.

How pathic the media has become.

Posted by: Uomo Del Ghiaccio | September 19, 2008 1:54 PM | Report abuse

PLEASE REVIEW THE FOLLOWING FACTS ABOUT THE DEMOCRATIC HERO THAT IS BILL CLINTON. THESE ARE NOT FABRICATED AND CAN BE CONFIRMED BY DOCUMENTATION IF REQUESTED.

The only president ever impeached on grounds of personal malfeasance

Most number of convictions and guilty pleas by friends and associates*

Most number of cabinet officials to come under criminal investigation

Most number of witnesses to flee country or refuse to testify

Most number of witnesses to die suddenly

First president sued for sexual harassment.

Second president accused of rape**

First first lady to come under criminal investigation

Largest criminal plea agreement in an illegal campaign contribution case

First president to establish a legal defense fund.

First president to be held in contempt of court

Greatest amount of illegal campaign contributions

Greatest amount of illegal campaign contributions from abroad

First president disbarred from the US Supreme Court and a state court

Posted by: RMueller | September 19, 2008 1:49 PM | Report abuse

So..let's get this straight. The Washington Post says that McCain's mistake was relying on a story IN the Washington Post to be true?

Do you liberals REALLY wonder why you can't get a candidate elected? Do you really?

Posted by: MinniePearlJam | September 19, 2008 1:45 PM | Report abuse

REPLY TO MS -

You obviously got your fact mixed up. Do the research. McCain was seperated before he and Cindy got together. WOW!!! HOW THE DEMOCRATES ARE SO EASILY DECEIVED.

Posted by: kbenton | September 19, 2008 1:43 PM | Report abuse

He's black. Wow, that's a powerful image. A politcal appointment that I'm sure the Black Caucus pushed, and in turn he loaned money to people that couldn't afford to pay it back in the interest of "fairness".

Liberal Idiots will drive us to poverty!

Posted by: clark | September 19, 2008 1:41 PM | Report abuse

McCain - Federal Housing Enterprise Regulatory Reform Act of 2005 (Democrats blocked reform)

Senator McCain warned in 2005, “This week Fannie Maes regulator reported that the companys quarterly reports of profit growth over the past few years were illusions deliberately and systematically created by the companys senior management, which resulted in a $10.6 billion accounting scandal.

The Office of Federal Housing Enterprise Oversights report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Maes former chief executive officer, OFHEOs report shows that over half of Mr. Raines compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.

The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulators examination of the companys accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.

For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Macknown as Government-sponsored entities or GSEsand the sheer magnitude of these companies and the role they play in the housing market. OFHEOs report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEOs report solidifies my view that the GSEs need to be reformed without delay.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. 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.

I urge my colleagues to support swift action on this GSE reform legislation."


Posted by: VOTE MCCAIN | September 19, 2008 1:11 PM

((((((((((((((((((((((((((((((((((((((((((

Nice try... Democrats didn't grab the majority until 2006...

You republicans can't help but lie can you?

Posted by: Hemi | September 19, 2008 1:39 PM | Report abuse

MCain will win and the media will then simmer down. When its all said and done Obama is the token "first black man running for office" that doesnt have a chance when they close the curtain to the voting booth. SAD BUT TRUE.

Posted by: Mike D. | September 19, 2008 1:38 PM | Report abuse

What the? Obama said earlier today that he introduced legislation that would have prevented the Fannie and Freddie meltdown from happening. THIS DUDE IS A STRAIGHT OUT LIAR. Where is it? Show some proof. That is as bad as Al Gore claiming he invented the internet.

Posted by: Anonymous | September 19, 2008 1:34 PM | Report abuse

How can all of you so called conservatives vote for a man who left his wife after she was disfigured in an auto accident and begin to have an affair with a rich young woman before he was even divorced? How Christian is that?

Posted by: MS | September 19, 2008 1:33 PM | Report abuse

Hmm, Franklin Raines did not pay back any money...his insurance company did. So he made out like a bandit.

Posted by: L Meyer | September 19, 2008 1:33 PM | Report abuse

I want to warn every one that the United States economy will crumble under an Obama/Biden administration. Please do not vote if you are voting for Obama/Biden.

Posted by: D | September 19, 2008 1:29 PM | Report abuse

Part of McCain's Economic Speech in Green Bay, Wisconsin
John McCain

If Governor Palin and I are elected in 46 days, we are not going to waste a moment in changing the way Washington does business. And we're going to start where the need for reform is greatest. In short order, we are going to put an end to the reckless conduct, corruption, and unbridled greed that have caused a crisis on Wall Street.

Here and all across our country, people are wondering what exactly is happening on Wall Street. And with good reason, they want to know how their government will meet the crisis. Clear answers are hard to come by in Washington.

As Senator Obama's leader in Congress memorably put it the other day -- and I quote -- "no one knows what to do." Perhaps given that reaction, it shouldn't surprise us that the Congressional leaders of this do-nothing Congress also said that they weren't going to take action until after the election, claiming that it wasn't their fault. I am hopeful that last night's discussions are a sign they have changed their mind and will take action soon. But any action should be designed to keep people in their homes and safe guard the life savings of all Americans by protecting our financial system.

There are certainly plenty of places to point fingers, and it may be hard to pinpoint the original event that set it all in motion. But let me give you an educated guess. The financial crisis we're living through today started with the corruption and manipulation of our home mortgage system. At the center of the problem were the lobbyists, politicians, and bureaucrats who succeeded in persuading Congress and the administration to ignore the festering problems at Fannie Mae and Freddie Mac.

These quasi-public corporations lead our housing system down a path where quick profit was placed before sound finance. They institutionalized a system that rewarded forcing mortgages on people who couldn't afford them, while turning around and selling those bad mortgages to the banks that are now going bankrupt. Using money and influence, they prevented reforms that would have curbed their power and limited their ability to damage our economy. And now, as ever, the American taxpayers are left to pay the price for Washington's failure.

Two years ago, I called for reform of this corruption at Fannie Mae and Freddie Mac. Congress did nothing. The Administration did nothing. Senator Obama did nothing, and actually profited from this system of abuse and scandal. While Fannie and Freddie were working to keep Congress away from their house of cards, Senator Obama was taking their money. He got more, in fact, than any other member of Congress, except for the Democratic chairmen of the committee that oversees them. And while Fannie Mae was betraying the public trust, somehow its former CEO had managed to gain my opponent's trust to the point that Senator Obama actually put him in charge of his vice presidential search.

This CEO, Mr. Johnson, walked off with tens of millions of dollars in salary and bonuses for services rendered to Fannie Mae, even after authorities discovered accounting improprieties that padded his compensation. Another CEO for Fannie Mae, Mr. Raines, has been advising Senator Obama on housing policy. This even after Fannie Mae was found to have committed quote "extensive financial fraud" under his leadership. Like Mr. Johnson, Mr. Raines walked away with tens of millions of dollars.

Senator Obama may be taking their advice and he may be taking their money, but in a McCain-Palin administration, there will be no seat for these people at the policy-making table. They won't even get past the front gate at the White House.

My friends, this is the problem with Washington. People like Senator Obama have been too busy gaming the system and haven't ever done a thing to actually challenge the system.

We've heard a lot of words from Senator Obama over the course of this campaign. But maybe just this once he could spare us the lectures, and admit to his own poor judgment in contributing to these problems. The crisis on Wall Street started in the Washington culture of lobbying and influence peddling, and he was square in the middle of it.

Read the entire speech. It was excellent and gives solutions to keep this corruption from happening again...

http://www.realclearpolitics.com/articles/2008/09/mccains_economic_speech_in_gre.html


Posted by: VOTE MCCAIN | September 19, 2008 1:10

____________________________________

Not only is McCain lying, he's using Obama's words from a speech given the other day. John McCain has some nerve saying Obama is taking money. McCain has decided he's going to say anything he wants to get elected. We should just start spreading roomers that he's a child molester and say we got pictures to back it up. This isn't an election it's a McCain freak show.

Posted by: Hemi | September 19, 2008 1:26 PM | Report abuse

Reply to RMUELLER

You are right the united states did not loose the vietnam police action but I dont think that there was enough accomplished to merit a win

Posted by: Don P. | September 19, 2008 1:25 PM | Report abuse

The Washington Post disputes your conclusion about the premise, Howie:

"In the four years since he stepped down as Fannie Mae’s chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case’s D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.” 8/28/08

“In the current crisis, their biggest backers have been Democrats such as Senate Banking Committee Chairman Christopher J. Dodd (Conn.) and House Financial Services Committee Chairman Barney Frank (Mass.). Two members of Mr. Obama’s political circle, James A. Johnson and Franklin D. Raines, are former chief executives of Fannie Mae.“

Of course, maybe you just don't trust the WaPo...

Posted by: Kasper Hauser | September 19, 2008 1:24 PM | Report abuse

So, when the Washington Post twice states that Raines is an advisor of Obama that is a disputed fact?

Fair enough. Good to know. All the facts in the Washington Post, even repeated ones, are disputed and not to be trusted.

Let me guess, the opinion articles are to be trusted?

http://www.washingtonpost.com/wp-dyn/content/article/2008/07/15/AR2008071502827.html
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/27/AR2008082703021.html

I guess both of these articles are false/disputed and not to be trusted.

Kurtz, why do you work for an organization when you believe they can't get simple facts correct for a News Story? Do you believe working for incompetents and idiots will enhance your credibility?

Or do you believe that calling your own organization incompetent and incorrect will enhance your job status?

Posted by: Gekkobear | September 19, 2008 1:19 PM | Report abuse

Posted by: Anonymous | September 19, 2008 1:17 PM | Report abuse

This newspaper is lame - how many times do they re-cycle the same tired stuff:

http://voices.washingtonpost.com/the-trail/2008/09/19/_the_ad_obama_has.html


Posted by: Anonymous | September 19, 2008 1:16 PM | Report abuse

OMIDAL

THERE WAS NO VIETNAM WAR. IT WAS A POLICE ACTION AND BY THE WAY THE THE UNITED STATES WON EVERY SINGLE MAJOR BATTLE FOUGHT IN VIETNAM. WE LEFT ON OUR OWN FREE WILL. THAT IS A FACT THAT YOU CAN READ ABOUT YOUR SELF BUT NO DEMOCRAT WILL WANT YOU TO KNOW THAT!!!

Posted by: RMueller | September 19, 2008 1:16 PM | Report abuse

If being on economic committees in the Senate doesn't qualify as "economic experience" how does Joe Biden have any foreign policy experience?

Posted by: The Dude | September 19, 2008 1:14 PM | Report abuse

Kbenton & Tim:

Thanks! And let's not forget the fearless leadership of the house - for the last 2 years!

I feel truly sorry for the followers of Howard Dean, Donna Brazile and the likes. A stolen nomination and a lost election - must suck to be wanting to win so badly ;-)

Posted by: Anonymous | September 19, 2008 1:13 PM | Report abuse

I doubt many of the readers recall this article from the New York Times five years ago...

"The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac which together have issued more than $1.5 trillion in outstanding debt is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

We can see now that the Bush administration had accurately diagnosed the problem in the lending market and had a plan to address it. Reluctanly Fannie Mae and Freddie Mac supported the plan. However, Democrats objected.

Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis, said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. 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 Melvin L. Watt, Democrat of North Carolina, agreed.

I dont 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, Mr. Watt said. "

http://macsmind.com/wordpress/2008/09/16/bush-wanted-freddie-and-fannie-oversight-5-years-ago-dems-said-no/

Posted by: VOTE | September 19, 2008 1:13 PM | Report abuse

I doubt many of the readers recall this article from the New York Times five years ago...

"The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac which together have issued more than $1.5 trillion in outstanding debt is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

We can see now that the Bush administration had accurately diagnosed the problem in the lending market and had a plan to address it. Reluctanly Fannie Mae and Freddie Mac supported the plan. However, Democrats objected.

Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis, said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. 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 Melvin L. Watt, Democrat of North Carolina, agreed.

I dont 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, Mr. Watt said. "

http://macsmind.com/wordpress/2008/09/16/bush-wanted-freddie-and-fannie-oversight-5-years-ago-dems-said-no/

Posted by: VOTE MCCAIN | September 19, 2008 1:12 PM | Report abuse

McCain - Federal Housing Enterprise Regulatory Reform Act of 2005 (Democrats blocked reform)

Senator McCain warned in 2005, “This week Fannie Maes regulator reported that the companys quarterly reports of profit growth over the past few years were illusions deliberately and systematically created by the companys senior management, which resulted in a $10.6 billion accounting scandal.

The Office of Federal Housing Enterprise Oversights report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Maes former chief executive officer, OFHEOs report shows that over half of Mr. Raines compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.

The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulators examination of the companys accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.

For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Macknown as Government-sponsored entities or GSEsand the sheer magnitude of these companies and the role they play in the housing market. OFHEOs report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEOs report solidifies my view that the GSEs need to be reformed without delay.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. 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.

I urge my colleagues to support swift action on this GSE reform legislation."

Posted by: VOTE MCCAIN | September 19, 2008 1:11 PM | Report abuse

Have we all lost our minds? We are sooo divided right now; what are you Left or Right? I’m Neither. Is that what really defines you. Take a look inward; we all need some improvement and we all need to take responsibility for our actions. I would expect the government to do the same. We need to unite...WE WILL NEVER WIN AS A DIVIDED COUNTRY...we are literally fighting amongst ourselves. Why not vote strictly on facts on the person not the party. The past is the past we can’t change it. We need to move forward. I am tired of being "treated" by the media and politicians like I am unintelligent and that because of a fancy campaign ad or a good one-liner I am going to give you my vote. No it doesn't work that way for me and it shouldn't work that way for you. This is serious business we are not voting for the captain of a football team, we are voting for the top position of our country...yes OUR country...YOU and ME and everyone else that lives on this blessed land. It’s not a Republican country or a Demographic country and I refused to be pigeon-holed into one position or another. It’s the UNITED States…an American country. We need some honest change. Most of us are really suffering here and we need to all come together and but aside our differences and do what’s best for the whole and not just a select few.

Posted by: Anonymous | September 19, 2008 12:23 PM

)))))))))))))))))))))))))))))))))))))))))))))))

The reason we're divided is because people get nothing but lies from our leaders. Some people take the time to look and see what's going on, and the others listen to the propaganda. I've spent hours talking with people on You Tube, laying out the situation on everything from Bush's family of war profiteers to the stock market, and in the end all they want to do is stay loyal to their government. That Patriotism line gets them every time. Doesn't it say in the constitution that if our leaders are corrupt we have the right to take control by force if necessary. Or something like that. All of them need to be replaced. They've turned a government for the people into a business. And that business serves them and leaves us high and dry. Just like Obama said, lose everything, your on your own.

Posted by: Hemi | September 19, 2008 1:11 PM | Report abuse

Part of McCain's Economic Speech in Green Bay, Wisconsin
John McCain

If Governor Palin and I are elected in 46 days, we are not going to waste a moment in changing the way Washington does business. And we're going to start where the need for reform is greatest. In short order, we are going to put an end to the reckless conduct, corruption, and unbridled greed that have caused a crisis on Wall Street.

Here and all across our country, people are wondering what exactly is happening on Wall Street. And with good reason, they want to know how their government will meet the crisis. Clear answers are hard to come by in Washington.

As Senator Obama's leader in Congress memorably put it the other day -- and I quote -- "no one knows what to do." Perhaps given that reaction, it shouldn't surprise us that the Congressional leaders of this do-nothing Congress also said that they weren't going to take action until after the election, claiming that it wasn't their fault. I am hopeful that last night's discussions are a sign they have changed their mind and will take action soon. But any action should be designed to keep people in their homes and safe guard the life savings of all Americans by protecting our financial system.

There are certainly plenty of places to point fingers, and it may be hard to pinpoint the original event that set it all in motion. But let me give you an educated guess. The financial crisis we're living through today started with the corruption and manipulation of our home mortgage system. At the center of the problem were the lobbyists, politicians, and bureaucrats who succeeded in persuading Congress and the administration to ignore the festering problems at Fannie Mae and Freddie Mac.

These quasi-public corporations lead our housing system down a path where quick profit was placed before sound finance. They institutionalized a system that rewarded forcing mortgages on people who couldn't afford them, while turning around and selling those bad mortgages to the banks that are now going bankrupt. Using money and influence, they prevented reforms that would have curbed their power and limited their ability to damage our economy. And now, as ever, the American taxpayers are left to pay the price for Washington's failure.

Two years ago, I called for reform of this corruption at Fannie Mae and Freddie Mac. Congress did nothing. The Administration did nothing. Senator Obama did nothing, and actually profited from this system of abuse and scandal. While Fannie and Freddie were working to keep Congress away from their house of cards, Senator Obama was taking their money. He got more, in fact, than any other member of Congress, except for the Democratic chairmen of the committee that oversees them. And while Fannie Mae was betraying the public trust, somehow its former CEO had managed to gain my opponent's trust to the point that Senator Obama actually put him in charge of his vice presidential search.

This CEO, Mr. Johnson, walked off with tens of millions of dollars in salary and bonuses for services rendered to Fannie Mae, even after authorities discovered accounting improprieties that padded his compensation. Another CEO for Fannie Mae, Mr. Raines, has been advising Senator Obama on housing policy. This even after Fannie Mae was found to have committed quote "extensive financial fraud" under his leadership. Like Mr. Johnson, Mr. Raines walked away with tens of millions of dollars.

Senator Obama may be taking their advice and he may be taking their money, but in a McCain-Palin administration, there will be no seat for these people at the policy-making table. They won't even get past the front gate at the White House.

My friends, this is the problem with Washington. People like Senator Obama have been too busy gaming the system and haven't ever done a thing to actually challenge the system.

We've heard a lot of words from Senator Obama over the course of this campaign. But maybe just this once he could spare us the lectures, and admit to his own poor judgment in contributing to these problems. The crisis on Wall Street started in the Washington culture of lobbying and influence peddling, and he was square in the middle of it.

Read the entire speech. It was excellent and gives solutions to keep this corruption from happening again...

http://www.realclearpolitics.com/articles/2008/09/mccains_economic_speech_in_gre.html

Posted by: VOTE MCCAIN | September 19, 2008 1:10 PM | Report abuse

Lehman Brothers collapse is traced back to Fannie Mae and Freddie Mac, the two big mortgage banks that got a federal bailout a few weeks ago.

Freddie and Fannie used huge lobbying budgets and political contributions to keep regulators off their backs.

A group called the Center for Responsive Politics keeps track of which politicians get Fannie and Freddie political contributions. The top three U.S. senators getting big Fannie and Freddie political bucks were Democrats and No. 2 is Sen. Barack Obama.

Now remember, he's only been in the Senate four years, but he still managed to grab the No. 2 spot ahead of John Kerry — decades in the Senate — and Chris Dodd, who is chairman of the Senate Banking Committee.

Fannie and Freddie have been creations of the congressional Democrats and the Clinton White House, designed to make mortgages available to more people and, as it turns out, some people who couldn't afford them.

Fannie and Freddie have also been places for big Washington Democrats to go to work in the semi-private sector and pocket millions. The Clinton administration's White House Budget Director Franklin Raines ran Fannie and collected $50 million. Jamie Gorelick — Clinton Justice Department official — worked for Fannie and took home $26 million. Big Democrat Jim Johnson, recently on Obama's VP search committee, has hauled in millions from his Fannie Mae CEO job.

Now remember: Obama's ads and stump speeches attack McCain and Republican policies for the current financial turmoil. It is demonstrably not Republican policy and worse, it appears the man attacking McCain — Sen. Obama — was at the head of the line when the piggies lined up at the Fannie and Freddie trough for campaign bucks.

Sen. Barack Obama: No. 2 on the Fannie/Freddie list of favored politicians after just four short years in the Senate.

Next time you see that ad, you might notice he fails to mention that part of the Fannie and Freddie problem.

Posted by: TZ | September 19, 2008 1:09 PM | Report abuse

IheartAmerica:

The argument that you can tell who a person is by who they associate with is disputable in itself, and the extent, circumstances, and nature of the relationship are among the countless variables which we would have to consider before taking the argument seriously.
--------------------------

Of course you can. Would you associate with a=0 if you weren't one? Would you listen to racists rants - repeatedly and freely if you found that repulsive?
Would you deal with a crook to buy property if it benefited you ... maybe .... see, that goes to character.


Posted by: Anonymous | September 19, 2008 1:09 PM | Report abuse

Any candidate who has had former Sen. Phil Gramm on his campaign team has no business criticizing his opponent on anything related to the economy. If John McCain didn't know Phil Gramm's (the recession is just a mental one)deregulation legislation would help get us into this mess in the first place, then he has no business criticizing Barack Obama. If John McCain didn't know that the failed Bush economic policies, most of which he's supported (until this week) would end the way they have, then we can't afford to have him as President, because it would merely be another 4 years of economic disasters.

The truth is that, as he said himself back in the Spring, John McCain knows nothing about economics and finance. Afterall, he has a military pension, will get a government pension for his 26 years up on Capitol Hill, and for now, his wife's money and their 7 (or is it 9) homes can help him wether any economic storm. So, what's he got to worry about?

John McCain does not have the solution to our nation's economic problems, John McCain and his cronies are part of the problem!

Posted by: laSerenissima2003 | September 19, 2008 1:09 PM | Report abuse

kbenton -

clinton may have had a balanced budget on paper. It came about because of something called Reagonomics. A long range plan to show up in the future. The only bad thing is it came into effect because of a republican congress and Reagonomics while clinton was president. Clinton only claimed responsibility for it.

Posted by: jceaser | September 19, 2008 1:08 PM | Report abuse

If your ideal is a guy who was a community organizer getting voters to register using “Rules for Radicals” by Saul Alinksy, who had his first political fundraiser at the home of self-acknowledged bomber Bill Ayers; who bought his home at a discount from a convict named Rezko and then lied about their relationship; who dedicates his book to his father who deserted him then disses his mother and grandmother as typical prejudiced white people after they stayed and raised him; who sat in church for 20 years listening to his mentor and spiritual guide Wright preach hate of America, hate of white people, promulgate black power and racism then claim he never heard the sermons and never protests the church giving a lifetime achievement award to anti-Semite Louis Farrakhan; who chose as his wife a woman who dislikes her country which is mean and nasty and was never proud of it until now; who belittles small town residents, for clinging to guns and religion, when he thinks they're out of earshot; who believes the morality of abortion is “above my pay grade”; who has been in the State and US senate but can't seem to make decisions on whether to vote yes or no; who has never in his life run anything; who says one thing then does another - campaign financing, NAFTA, voting for the troops, voting for the Bridge to Nowhere; who criticizes America while he is roaming the globe as the Citizen of the World; who advocates big government, big spending and expanded entitlement programs all paid for by huge tax increases. If that's your ideal, then you certainly should vote for Barack Obama.

Posted by: TL | September 19, 2008 1:08 PM | Report abuse

94 out of 94 times Obama voted AGAINST tax cuts or FOR tax increases.

Posted by: Tim | September 19, 2008 1:07 PM | Report abuse

OBAMA IS THE MOST UNQUALIFIED AND MOST LIBERAL PRESIDENTIAL CANDIDATE WHO HAS SHOW THE POOREST JUDGEMENT IN AMERICAN HISTORY.

Posted by: Tim | September 19, 2008 1:04 PM | Report abuse

I heard that when Bill Clinton was president that the Republican controlled the congress and senate. Does that mean that the Republicans should receive all the good credit in regards to the clinton years since they were the ones making all the real decisions???

Posted by: kbenton | September 19, 2008 1:01 PM | Report abuse

Are you saying your own newspaper is wrong?

Posted by: jill77 | September 19, 2008 12:56 PM | Report abuse

It is a historical fact that republicans accept financial cotributions from businesses who want less regulation and people from the regulated companies get selected by republicans to regulate their industries. That is what leads to these abuses and failures. Their chickens come home to roost.

Posted by: dave | September 19, 2008 12:56 PM | Report abuse

Howie has just told us not to believe anything that is written in the Washington Post.

Posted by: Karen | September 19, 2008 12:53 PM | Report abuse

****************************************
Here's Proof-
Note the date on this Politico piece by Ben Smith- OF COURSE OBAMA "NEVER HEARD OF" His Advisor Franklin Raines who took $90 Million out of Fannie Mae and ran it into the ground- I'm sure donating some to Obama- stay tuned!

******************************************
July 16, 2008
Categories: Barack Obama

Advice from Raines

An ill-timed -- for Obama -- profile of former Fannie Mae CEO Franklin Raines, forced out in an accounting mess a few years ago.

The Style Section piece reports that he's recently been taking "calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."

Hard to find anybody in the mortgage industry who's looking real great right now, but Fannie Mae's critics, in particular, seem to have been vindicated.


By Ben Smith 11:42 AM
******************

Rezko, Ayres, Raines....nice company Barack

Posted by: Scott | September 19, 2008 12:52 PM | Report abuse

reply>>>> Not if they do their research. The more reluctant ones are the Mc-sentimentalist. They still think Mcsame is a man of principle a Hero who can scoop down and save them. These people are still fighting the Vietnam war. A war that should not have been waged like the one we have right now in Iraq.
============================================
Five of America's dumbest people will be fooled by this ad, and that's about it.
Posted by: Chris | September 19, 2008 10:05 AM

Posted by: Omidal | September 19, 2008 12:48 PM | Report abuse

Howard,

Is it therefore your contention that we should disbelieve your own newspaper?

Should we therefore disbelieve this column?

Posted by: Edward | September 19, 2008 12:45 PM | Report abuse

What kcpost said.

Kurtz is a little fraud who's pants are on fire for Obama. Raines & Johnson made FanFred give massive contributions to Dems & to Obama. Media morons like Kurtz are outing themselves like mushrooms after a summer rain. To me it appears that the major networks are actually trying to outdo each other in proclaiming sotto voce [& for NBC, shouting from the rooftops] their obeisance to Obama.

Posted by: daveinboca | September 19, 2008 12:44 PM | Report abuse

To all the Government is bad people.
Look who's bailing out all the failed Corporate Entities... yup, you and me - - the Government!
Who knew?
Stop letting yourself be belittled, and manipulated, by your Party. Hopefully, you'll be smarter this time, and stop voting for the failing Trickle-Down, Supply-Side, Corporatist, etc Economical model.
All it does is make the wealthy, wealthier, the Corporations more corrupt, and The People screwed.
Vote for your bests interests, and your kids' futures.

Posted by: baz | September 19, 2008 12:43 PM | Report abuse

I WANT EVERYONE TO BE WELL INFORMED THAT UNDER JIMMY CARTER THE TAX RATE WAS AT AROUND 70% WHEN RONALD REGAN TOOK OFFICE HE GOT THE TAX RATE DROPED IN 1981 TO 35% HE ALSO CLOSED MOST TAX LOOPHOLES THAT THE WEALTHIEST PEOPLE USED TO AVOID PAYING TAXES. THIS FORCED THESE PEOPLE TO INVEST IN THE FREE MARKET WHICH IN TURN BOOSTED THE AMERICAN ECONOMY EVEN MORE. SO IF YOU LOOK AT IT IN RETROSPECT RONALD REGAN IS THE REASON THE ECONOMY WAS SO GOOD FOR SO MANY YEARS. IMAGINE IF THE TAX RATE WAS STILL AT 70% BEFORE REGAN CHANGED THIS WE WOULD BE IN A HELL OF ALOT MORE TROUBLE THAN WE ARE IN RIGHT NOW. OH YEAH BY THE WAY RONALD REGAN WAS A REPUBLICAN!!!

Posted by: RMueller | September 19, 2008 12:41 PM | Report abuse

I am such a hypocrite! Lol! I'll try to tarnish Obama for allegedly taking advise from Franklin Raines, while I take advise from Phil Gramm. Remember him? That's right, Phil had you pegged for the whining fools you all are. There is not a damn thing wrong with this economy!

Posted by: JohnMcCain | September 19, 2008 12:37 PM | Report abuse

McCain says he doesn't know much about economics. Who advises him? It's Phil Gramm, for "advice on economic policy." Shocking. Gramm sponsored the bills in the Senate which gutted the regulatory agencies charged to prevent "extensive financial fraud." Fannie Mae, Freddie Mac, Bear Sterns and Lehman Brothers collapsed. Taxpayers? Stuck with the bill. John McCain. Bad advice. Bad instincts. Not ready to lead.

Posted by: El Bruce | September 19, 2008 12:35 PM | Report abuse

YAWN!!! Well its been fun bashing foolish republicans and showing them just how completely idiotic a pick Sarah Palin was for vice president. However, since no one else can bring one example of how Sarah Palins education and experience prepares her to be vice president I'll leave it to the leading Republican Senator on the Senate foreign relations to defend her:

Take it away Republican Senator Chuck Hagel:

""I do think in a world that is so complicated, so interconnected and so combustible, you really got to have some people in charge that have some sense of the bigger scope of the world...I think that’s just a requirement. I think it’s a stretch to, in any way, to say that she’s got the experience to be president of the United States. I think they ought to just be honest about it and stop the nonsense about, 'I look out my window and I see Russia and so therefore I know something about Russia, That kind of thing is insulting to the American people.

[she]doesn’t have any foreign policy credentials. You get a passport for the first time in your life last year? I mean, I don’t know what you can say. You can’t say anything"

Exactly Rupublican Senator Hagel.......exactly.


Posted by: COMMON SENSE | September 19, 2008 12:33 PM | Report abuse

The truth about Obama is starting to come out. He recieved lots of campain money from Freddy and Fannie.

Obama is a slick lawyer...not ready to lead us. McCain has lots of experience...ready to lead. I don't agree with McCain all of the time but I do know he will do what's right for this country and he will act. In these times, we need a strong leader not a question mark.

Posted by: kcpost | September 19, 2008 12:31 PM | Report abuse

The GOP, including all of McCain's economic advisors, believe in "unfettered capitalism," and they push deregulation with relentless passion. That's why we're so close right now to another Great Depression. Their belief is ideological, not rational. Sen. McCain is an ideologue regarding regulation. Thus, he can't change his mind about it, despite all the evidence of its destructiveness.

If we get through this present mess, the GOP, possibly led by Pres. McCain, will soon begin pushing again for deregulation, and in a decade or less, we'll have another financial catastrophe to deal with. Ideologues can't learn. This present meltdown will have no impact on their thinking. We need to elect rational people who recognize that capitalism is only a positive force when it's accompanied by sensible, logical oversight. McCain will never subscribe to this simple bit of logic.

If you're wondering right now where your retirement money went, look no further than John McCain and his fellow ideologues. They believe greed should be rewarded. They are directly responsible for our present misery.

Posted by: yogi11 | September 19, 2008 12:27 PM | Report abuse

Have we all lost our minds? We are sooo divided right now; what are you Left or Right? I’m Neither. Is that what really defines you. Take a look inward; we all need some improvement and we all need to take responsibility for our actions. I would expect the government to do the same. We need to unite...WE WILL NEVER WIN AS A DIVIDED COUNTRY...we are literally fighting amongst ourselves. Why not vote strictly on facts on the person not the party. The past is the past we can’t change it. We need to move forward. I am tired of being "treated" by the media and politicians like I am unintelligent and that because of a fancy campaign ad or a good one-liner I am going to give you my vote. No it doesn't work that way for me and it shouldn't work that way for you. This is serious business we are not voting for the captain of a football team, we are voting for the top position of our country...yes OUR country...YOU and ME and everyone else that lives on this blessed land. It’s not a Republican country or a Demographic country and I refused to be pigeon-holed into one position or another. It’s the UNITED States…an American country. We need some honest change. Most of us are really suffering here and we need to all come together and but aside our differences and do what’s best for the whole and not just a select few.

Posted by: Anonymous | September 19, 2008 12:23 PM | Report abuse

"As a Christian, It truly concerns me that so many other Christians are still falling for Republican manipulation tactics. Please consider everything carefully before you vote in November."

This is easy. Do you believe that the Bible (such as is it) **PRIMARILY** is a literal record of pure fact -OR- a set of lessons and teachings relying heavily on metaphor to provide the foundation of a moral and spiritual life? If you believe the latter, then you will find that is the key difference between you and other people who call themselves Christians.

Posted by: Strange Days | September 19, 2008 12:16 PM | Report abuse

2005 USA Today article says it all
Read about Chris Cox the sec regulator
Big contributors to GOP reap big post-election rewards
By Jim Drinkard, USA TODAY
WASHINGTON — Just six months into a new term for President Bush and the Republican-controlled Congress, some of their heaviest donors are scoring victories on the legislative and regulatory fronts.
From rewrites of the laws governing bankruptcy and class-action lawsuits to relief for oil, timber and tobacco interests, GOP supporters who gave millions of dollars last year are reaping decisions worth billions from a Congress with more Republicans.

"Clearly, the election outcome has helped," says Bruce Josten, executive vice president of the U.S. Chamber of Commerce. "We are heading in the right direction. A lot more has been done by this time in a new session than usual."

While much public attention has been focused on Bush's sputtering effort to sell an overhaul of Social Security, legislation long sought by the GOP and its business allies have been enacted with bipartisan support. In February, Congress passed and Bush signed a bill that sharply limits class-action lawsuits. The savings will likely come to several billion dollars a year, says Russ Sutter of Tillinghast-Towers Perrin, an actuarial firm that studies tort costs.

The business sector that includes manufacturing and retail was among top GOP donors last election cycle. It directed three of every five political dollars to Republicans — almost $121 million, according to the non-partisan Center for Responsive Politics.

There was a similar partisan tilt in political giving by the finance industry, which won passage in April of a law making it harder to erase debts by declaring bankruptcy. Credit card companies and banks sought the change as a way to collect more debts.

The finance sector gave nearly $195 million to the GOP in the 2004 elections. And 105 of Bush's 548 elite fundraisers — those who raised $100,000 or more — were from the world of finance, making it his biggest base of top-dollar support, at $34 million.

"Many of the traditional business supporters are really getting the agenda they wanted, and it seems to be speeding up," says Larry Noble, director of the Center for Responsive Politics, which studies the impact of money on politics.

Still to come: Congress is pushing to complete an energy bill. Business interests want limits on liability for water contamination caused by MTBE, a fuel additive designed to reduce auto emissions, and oil companies seek to open the Arctic National Wildlife Refuge to drilling. The Senate passed its version Tuesday.

Bush supporters also have had good luck outside the legislative arena:

• Justice Department lawyers this month abruptly scaled back their request for a penalty in the government's lawsuit against tobacco companies. Rather than the 25-year, $130 billion smoking cessation program their own expert had recommended, they are asking for a $14 billion remedy. The tobacco industry favored Republicans three-to-one over Democrats last year, giving $2.7 million to the party and its candidates.

The Justice Department's Office of Professional Responsibility is looking into whether politics influenced the decision.

• After Securities and Exchange Commission Chairman William Donaldson resigned under fire from business groups who complained about overzealous regulation, Bush replaced him with someone with a pro-corporate record: Rep. Christopher Cox, R-Calif.

"It's hard to imagine somebody with a more nakedly deregulatory agenda," says William Lerach, a trial lawyer who has brought shareholder lawsuits against corporations accused of securities fraud. Securities and investment firms gave $47.8 million to Republicans last election.

• The administration last month reversed a ban on road construction, timber harvesting, mining and energy development on undeveloped national forest land. The government also has expanded oil and gas development on federal lands, including areas in New Mexico and Wyoming.

Energy and natural resources interests gave $39.3 million to the GOP last year, three times the amount given to Democrats.

Sponsored Links

Posted by: Greg | September 19, 2008 11:50 AM

((((((((((((((((((((((((((((((((((((((

Ya know what really ticks me off. That lo-life piece of ----Cox putting out a press release calling for a temporary ban on Naked Short Selling. I called up the SEC and was fighting with them for almost an hour. Why the hell is that moron calling for a temporary ban on something that’s 100% illegal. Somebody needs to drag Bush out of that White House and lock his a$$ up forever. Their robbing us blind and could care less about what anybody has to say about it. It's like Bush gave Wall Street a license to steal.

Posted by: Hemi | September 19, 2008 12:16 PM | Report abuse

I’m not about to say the Washington Post is not reputable because they publish great news articles.

In fact, here is an article from Donald Luskin (advisor to McCain) called “Quit Doling Out That Bad-Economy Line” supporting Phil Gramms statement that we ARE in a “Mental Recession”, and the economy is much better then we the American people are making it out to be. This commentary article was published on September 14th, 2008.

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/12/AR2008091202415.html

September 15th, the banking system in our country collapsed.

Regardless of what party you belong to, open up your eyes for once. These people want nothing more than to help themselves. The financial cushion they ride on makes it impossible for them to connect with the average American which is apparent from his 3 page blast of people who are worried about our economy.

It truly terrifies me to think this is how they actually see the world.

Posted by: Paul | September 19, 2008 12:16 PM | Report abuse

McCain's mouth is moving but they are Rove's words. So much for maverick.

Posted by: Polgeek13 | September 19, 2008 12:14 PM | Report abuse

YEAH, AND HES A MOOSLUM TOO! AND HE WUZ BLOWING UP PEOPLE WITH AYERS AND A MEMBAR OF THE WEATHERMAN, AND HE WAS ONLY 8 YEARS OLD THEN, THINK OF HOW EVIL HE IS NOW. HES GOONA STEEL YUR CHILDREN AND TURN EM INTO COMMIE WELFARE ZOMBIES AND TAKE OVER THE WORLD!

OH I WUZ A FORMER DEMOCRATIC HILLARY SUPPORTER AND NOW IM VOTING FUR CARIBOU BARBIE AND THE OLD DUDE!

Posted by: Buck | September 19, 2008 12:09 PM | Report abuse

Yet another manipulating LIE from McCain and his cronies - it's maddening!

As a Christian, It truly concerns me that so many other Christians are still falling for Republican manipulation tactics. Please consider everything carefully before you vote in November.

This is a very interesting read concerning McCain's choice of Palin from an unusual and surprising religious perspective. I highly recommend checking it out - and send it to those you think need to hear it:

http://www.newsflavor.com/Opinions/McCain-Hijacks-Christianity-Via-Palin.240929

Posted by: LaRae | September 19, 2008 12:09 PM | Report abuse

What he should charge Obama with is complicity in the sub-prime mortgage collapse by being in bed with ACORN Housing. He also should be charged with illegally funneling campaign dollars to ACORN and in leading the effort to defraud taxpayers and voters!

Posted by: Google ACORN Obama | September 19, 2008 12:09 PM | Report abuse

"oh yes, I forgot one other thing regarding "rich bastards" post. he mentioned that robert Riech didn't graduate with a degree in economics...........well, actually he did. From Dartmouth University.....just before he went to Oxford as a Rhodes Scholar."

Also, Robert Reich is a policy advocate. He does not crunch numbers all day - which is what most degree holding economists working as economists actually do (yes, I have a degree in Economics). As such having a law degree is much more relevant to what he actually does. Most economists collect data, analyze the data, and produce results which can be read by other people and used to argue policy.

You might try reading a peer journal article written by an economist in a journal of Econometrics. Lacking a solid graduate level foundation in statistics and calculus, you will likely not be able to discern it from a peer reviewed physics article.

My point is that you can talk about Economics based the results of research done by economists. You can be an expert in policy based on Economics without having a solid grasp of differential equations. Unless you are a profound genius with a startling aptitude for mathematics, you cannot be an research Economist without a graduate degree.

Posted by: Strange Days | September 19, 2008 12:05 PM | Report abuse

Jesus wrote this ...

McCain is desperate - throwing dirt to see if he gets elected;

i think his motto is elect me first then country and integrity

What is it they say about slinging mud ??? If you throw enough of it, some of it has to stick ! What about all of the attention being given to the "Trooper-Gate" Isuue by the McCain camp? Sounds an awful lot like the "Gonzales-Cover-up" by the Bushies, doesn't it ... or is it just me?

Posted by: ricknhouston | September 19, 2008 12:03 PM | Report abuse

The right wingers commenting didn't even read the article. They read the headline, and based every reply on that. It just makes them look even more stupid.

Posted by: Proud Democrat | September 19, 2008 12:03 PM | Report abuse

You right wing nuts didn't even READ the article. Your ignorance is a truly saddening thing. I pity you, really, I do.

Posted by: LOL@U | September 19, 2008 12:01 PM | Report abuse

I guess "rich bastard" saw the error of his ways and cannot answer my simple question. Apparently he just went and stuck his head in the sand because all he can do is run and hide from facts. This is the true face of die hard republicans. Show them the facts and they cut and run.

In case he missed my previous post, here it is again:


ONCE AGAIN "rich bastard" makes himself look foolish. Please check out this educatinal background and tell me how it prepares someone to be president. Use facts to back it up like say, for instance, "Sarah Palin graduated with a law degree and then taught constitional law for 12 years at one of the most prestigious law schools in the country. Being that this is a nation made up of constitutional law, this qualifies her to be president."

Something like that......Now I just made that up about her so you can't use that one. Here, this is a history of her education.

Ready? Go!!


SARAH PALINS OFFICIAL BIOGRAPHY ON MCCAIN/PALIN WEBSITE:

AND NOW FOR SARAH PALIN POTENTIAL VICE PRESIDENT (one heartbeat from the presidency - and I am not making any of this up this is in her official biography)

Palin attended Wasilla High School in Wasilla, a city[9] located 29 miles (47 km) north of the city of Anchorage. She was the head of the Fellowship of Christian Athletes chapter at the school and the point guard and captain of the school's girls' basketball team. She helped the team win the Alaska small-school basketball championship in 1982, hitting a critical free throw in the last seconds of the game, despite having an ankle stress fracture. She earned the nickname "Sarah Barracuda" because of her intense play; she was the leader of the team prayer before games.[10]

In 1982, Palin enrolled at Hawaii Pacific College but left after her first semester, transferring in 1983 to North Idaho College and then to the University of Idaho. She attended Matanuska-Susitna College in Alaska for one term, returning to the University of Idaho to complete her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12]

In 1984, Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the "Miss Congeniality" award.[17]

In 1988, she worked as a sports reporter for KTUU-TV in Anchorage, Alaska,[18] and for the Mat-Su Valley Frontiersman as a sports reporter.[19] She also helped in her husband’s commercial fishing family business.[20]


AND THIS INCREDIBLY UNQUALIFIED WOMAN MAY BE JUST ONE HEARTBEAT AWAY FROM RUNNING THE MOST POWERFUL COUNTRY IN THE WORLD.

Posted by: COMMON SENSE | September 19, 2008 11:59 AM | Report abuse

From prior WA PO article:

7/16/08: “In the four years since he stepped down as Fannie Mae’s chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case’s D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.”
8/28/08: “In the current crisis, their biggest backers have been Democrats such as Senate Banking Committee Chairman Christopher J. Dodd (Conn.) and House Financial Services Committee Chairman Barney Frank (Mass.). Two members of Mr. Obama’s political circle, James A. Johnson and Franklin D. Raines, are former chief executives of Fannie Mae.“

Posted by: Heidi | September 19, 2008 11:59 AM | Report abuse

Senator Obama's experience at Business International Corporation alone makes him far more qualified that McCain on any Business issue.

Posted by: garcon | September 19, 2008 11:55 AM | Report abuse

People, check the right information, Raines is NOT an advisor of Obama, that's another lie from your dear candidate that is so desperate that his only solution is to lie, lie, lie. If they were 2 kids, Mcsame and Obama, who do you think would be the strongest, smarter, and would succeed the most in life: the liar, to justify all his actions, or the one that gives solutions for problems? Yeah, is that simple, OBAMA.

Posted by: nocas | September 19, 2008 11:54 AM | Report abuse

Posted by: NoBama | September 19, 2008 11:51 AM | Report abuse

2005 USA Today article says it all
Read about Chris Cox the sec regulator
Big contributors to GOP reap big post-election rewards
By Jim Drinkard, USA TODAY
WASHINGTON — Just six months into a new term for President Bush and the Republican-controlled Congress, some of their heaviest donors are scoring victories on the legislative and regulatory fronts.
From rewrites of the laws governing bankruptcy and class-action lawsuits to relief for oil, timber and tobacco interests, GOP supporters who gave millions of dollars last year are reaping decisions worth billions from a Congress with more Republicans.

"Clearly, the election outcome has helped," says Bruce Josten, executive vice president of the U.S. Chamber of Commerce. "We are heading in the right direction. A lot more has been done by this time in a new session than usual."

While much public attention has been focused on Bush's sputtering effort to sell an overhaul of Social Security, legislation long sought by the GOP and its business allies have been enacted with bipartisan support. In February, Congress passed and Bush signed a bill that sharply limits class-action lawsuits. The savings will likely come to several billion dollars a year, says Russ Sutter of Tillinghast-Towers Perrin, an actuarial firm that studies tort costs.

The business sector that includes manufacturing and retail was among top GOP donors last election cycle. It directed three of every five political dollars to Republicans — almost $121 million, according to the non-partisan Center for Responsive Politics.

There was a similar partisan tilt in political giving by the finance industry, which won passage in April of a law making it harder to erase debts by declaring bankruptcy. Credit card companies and banks sought the change as a way to collect more debts.

The finance sector gave nearly $195 million to the GOP in the 2004 elections. And 105 of Bush's 548 elite fundraisers — those who raised $100,000 or more — were from the world of finance, making it his biggest base of top-dollar support, at $34 million.

"Many of the traditional business supporters are really getting the agenda they wanted, and it seems to be speeding up," says Larry Noble, director of the Center for Responsive Politics, which studies the impact of money on politics.

Still to come: Congress is pushing to complete an energy bill. Business interests want limits on liability for water contamination caused by MTBE, a fuel additive designed to reduce auto emissions, and oil companies seek to open the Arctic National Wildlife Refuge to drilling. The Senate passed its version Tuesday.

Bush supporters also have had good luck outside the legislative arena:

• Justice Department lawyers this month abruptly scaled back their request for a penalty in the government's lawsuit against tobacco companies. Rather than the 25-year, $130 billion smoking cessation program their own expert had recommended, they are asking for a $14 billion remedy. The tobacco industry favored Republicans three-to-one over Democrats last year, giving $2.7 million to the party and its candidates.

The Justice Department's Office of Professional Responsibility is looking into whether politics influenced the decision.

• After Securities and Exchange Commission Chairman William Donaldson resigned under fire from business groups who complained about overzealous regulation, Bush replaced him with someone with a pro-corporate record: Rep. Christopher Cox, R-Calif.

"It's hard to imagine somebody with a more nakedly deregulatory agenda," says William Lerach, a trial lawyer who has brought shareholder lawsuits against corporations accused of securities fraud. Securities and investment firms gave $47.8 million to Republicans last election.

• The administration last month reversed a ban on road construction, timber harvesting, mining and energy development on undeveloped national forest land. The government also has expanded oil and gas development on federal lands, including areas in New Mexico and Wyoming.

Energy and natural resources interests gave $39.3 million to the GOP last year, three times the amount given to Democrats.

Sponsored Links

Posted by: Greg | September 19, 2008 11:50 AM | Report abuse

I have another question !!!

Why is the McCain camp putting soooooooooooooooooooooo much effort into stalling testimoney into Palin's involvement in the Alaska "Trooper-gate" dilema? Nothing to hide ??? Then do the Deposition and get it behind you! Seems that would be a pretty big PLUS for the McCain - Palin ticket and would go a long, long, long ways to getting the both of them elected .... don't you think?

Posted by: ricknhouston | September 19, 2008 11:49 AM | Report abuse

Its sickning the money dems got? What is really sickning is the money McSame gets, still gets from the oil barons, he was in the congress and let the wallstreet do what they were doing and now come and blames Obama?!!!! He was the week before in Hollywood raisin money...but he, that's ok. What is not ok is when Obama got to do it!!! Who is responsible for the economic crisis? Rep that for 8 years just messed up w the economy. Don't wash your hands from the mess. Be honorable and admitted and be accountable! Don't just say you're honorable in empty words, show it by admiting you screw up big time during 8 years in WH and Washington.
You promise clearence: WHY IS PALIN not let the investigation show she has nothing to hide? Clearence starts at the campaign!!! Rep have so many bad things going on that their only option is to lie, lie, lie: OBAMA NEVER GOT ADVICE OR GAVE ADVICE TO FM. Plus, housing sector problem: McCain economic adviser is the one responsible for the house morgadge problem, not Obama. Check who is on the McSame campaign firt!

Posted by: nocas | September 19, 2008 11:49 AM | Report abuse

oh yes, I forgot one other thing regarding "rich bastards" post. he mentioned that robert Riech didn't graduate with a degree in economics...........well, actually he did. From Dartmouth University.....just before he went to Oxford as a Rhodes Scholar.

Reich attended John Jay High School in Cross River, New York. He attended Dartmouth College, graduating with a bachelor's degree in 1968 in and winning a Rhodes Scholarship to study at Oxford.[

Posted by: COMMON SENSE | September 19, 2008 11:49 AM | Report abuse

The argument that you can tell who a person is by who they associate with is disputable in itself, and the extent, circumstances, and nature of the relationship are among the countless variables which we would have to consider before taking the argument seriously.

Stop with all the partisan bs.

Stop with all the attention to irrelevant and often far-fetched accusations.

Look at the policies the two parties pursue and cast your vote. Its useless to base your vote on what the candidates are saying right now. We KNOW what policies and ideologies guide the two parties, and we know that apples do not fall far from their tree (I think thats the saying, lol).

Particularly in this election, it appears the candidates will say just about anything to convince voters to side with them. Don't believe any one of them. 99.9999% of the time Presidents don't live up to most promises made during the campaign. Campaigns are allways short on the intricacies of policy for fear of putting voters to sleep, instead they focus on one liners, and rhetoric which can be interpreted many different ways. Often they say things which they don't really mean in order to convince some voters who are on the fence, and other times they don't say what they really mean in order to not offend voters who are on their side of the fence.

Look at the two parties and their solutions to the problems facing us. Stop bickering about personality.

Posted by: Sit | September 19, 2008 11:45 AM | Report abuse

ONCE AGAIN "rich bastard" makes himself look foolish. Please check out this educatinal background and tell me how it prepares someone to be president. Use facts to back it up like say, for instance, "Sarah Palin graduated with a law degree and then taught constitional law for 12 years at one of the most prestigious law schools in the country. Being that this is a nation made up of constitutional law, this qualifies her to be president."

Something like that......Now I just made that up about her so you can't use that one. Here, this is a history of her education.

Ready? Go!!


SARAH PALINS OFFICIAL BIOGRAPHY ON MCCAIN/PALIN WEBSITE:

AND NOW FOR SARAH PALIN POTENTIAL VICE PRESIDENT (one heartbeat from the presidency - and I am not making any of this up this is in her official biography)

Palin attended Wasilla High School in Wasilla, a city[9] located 29 miles (47 km) north of the city of Anchorage. She was the head of the Fellowship of Christian Athletes chapter at the school and the point guard and captain of the school's girls' basketball team. She helped the team win the Alaska small-school basketball championship in 1982, hitting a critical free throw in the last seconds of the game, despite having an ankle stress fracture. She earned the nickname "Sarah Barracuda" because of her intense play; she was the leader of the team prayer before games.[10]

In 1982, Palin enrolled at Hawaii Pacific College but left after her first semester, transferring in 1983 to North Idaho College and then to the University of Idaho. She attended Matanuska-Susitna College in Alaska for one term, returning to the University of Idaho to complete her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12]

In 1984, Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the "Miss Congeniality" award.[17]

In 1988, she worked as a sports reporter for KTUU-TV in Anchorage, Alaska,[18] and for the Mat-Su Valley Frontiersman as a sports reporter.[19] She also helped in her husband’s commercial fishing family business.[20]


AND THIS INCREDIBLY UNQUALIFIED WOMAN MAY BE JUST ONE HEARTBEAT AWAY FROM RUNNING THE MOST POWERFUL COUNTRY IN THE WORLD.

Posted by: COMMON SENSE | September 19, 2008 11:44 AM | Report abuse

Palin resume submitters are leaving this out.
Alaska governor since December 2006;
chairwoman of the Alaska Oil and Gas Conservation Commission, 2003-2004; served two terms as Wasilla mayor
and two terms on city council

Posted by: Jim | September 19, 2008 11:44 AM | Report abuse

Amazingly interesting vitriol. It smacks of desperation.

I'm voting for intelliegence, grace, diplomacy, and universal charisma. I'm voting for Barack HUSSEIN Obama and Joe "Blabbermouth" Biden.

Posted by: Jerry Ulibarri | September 19, 2008 11:44 AM | Report abuse

Rufus wrote ...
Left-wing Elitists are the most un-American people in the world.

Uh-- I have a question !! What do you call "Right-Wing Elitists", then ??? Especially when they don't even know how many homes they own!

Posted by: ricknhouston | September 19, 2008 11:44 AM | Report abuse

McCain has become a one trick pony. He hears a sound somewhere, he runs to his video camera to say "I am John McCain, I approve this message" followed by a two or three line explanation of why Obama is related to that sound he just heard. Only a few weeks before the RNC convention McCain admitted that he does not know much about economics. Today he stands in front of a podium to explain his plans for financial recovery. This old guy does not have a formal education, has never taken a class in college in finance, economics or even on the constitution. His wife does not trust him with her finances. That is why they file separate tax returns. I want McCain to explain the significance of 1989 in his life, to people who did not pay attention then. McCain was the mastermind of the Lincoln Savings and Loan disaster. Along with 4 other senators McCain helped Charles Keating milk billions of dollars from Lincoln savings and loan. McCain and his whole family including his nannies took free lavish vacations to Bahama and other places in a private jet provided by Charles Keating. In return McCain made sure that legislation and bills were passed to deregulate the banking industry. McCain to this day has not returned (other than a token amount) any of the money and perks he recieved from Keating. keating ended up spending 5 years in jail for that. McCains explanation about his part is that he had a lapse of judgement.

it is so funny. Crooks always think that others will not understand what they have done. Even after getting caught they continue to assert that they did nothing wrong.

McCain is not only the biggest crook when it comes to banking regulations and finance scandals, he pretends that he does not understand finance. But still he wants us to trust him with our kids future.

McCain should concentrate on Palin's derriere as he had been doing ever since Sarah Palin showed up on the election scene, and stay away from giving lip service to the country. McCain never fails to check out Palin's bum every opportunity he gets. What a moron and dirty old man he is.

Posted by: Joe Pickering | September 19, 2008 11:44 AM | Report abuse

Regina,

Here's two more to add to your list:

Ted Kaczynski:
BS - Harvard
MS in Mathematics - U of Michigan
PhD in Mathematics - U of Michigan

Bill Gates:
College Dropout

Which one made more positive contributions to society? You have no credibility when you try to promote the intellectual superiority of your candidates based solely on how many sheepskins they have collected.

I'm well educated myself, and I've been interviewing and hiring people for many years for highly technical work. And what I've found is that judgment and experience are far more critical than a formal education for most positions that are not entry level.

If you hire people based solely on what degree they have or where they got that degree, you are either an elitist or a fool or both!

Posted by: ujczom | September 19, 2008 11:07 AM

(((((((((((((((((((((((((((((((((((((((((

So what are you saying. John McCain is better suited for the job of president because he has more experience. Obama is a hundred times smarter than McCain, and with 8 years in the Ill. Senate, and almost 4 in the U.S. Senate, I'd say he knows how to do the job just as good as McCain. John McCain is a hot head, and has no business calling the shots when peoples lives are on the line. We already have a moron in the White House that’s responsible for the deaths of thousands of innocent people.

Posted by: Hemi | September 19, 2008 11:42 AM | Report abuse

Eric: "Vote for Obama and you will EFFECTIVELY END Hillary's chance at EVER becoming President!!"

Good God, I hope so.

It's not that she's a bad person, or a bad politician (in some ways, I wish she'd run for governor of Arkansas all those years ago). But after 12 years of Bushes and 8 years of Clintons, I think we need new blood in the White House. Either McCain or Obama fills that role. The question is whether you believe that McCain would be so similar to Bush that he'd count as Bush 44. I dunno about that, but Palin sure-nuf reminds me of Dick Cheney that it's scaring me into voting Obama.

Posted by: Nacho Bidness | September 19, 2008 11:42 AM | Report abuse

With advisors like Obama has, you must have a screw loose if you want him running the United States, I know he is the best black man that has ever had a chance at the office, but that does not mean he is the best man for the job. being honest here he just has some close friends that worry me and should worry you also.

Posted by: Rodney | September 19, 2008 11:41 AM | Report abuse

(lack of) COMMON SENSE:

Bill Gates was a College drop-out. What the hell are you trying to prove with this non-sense?

Sarah Palin is Governor of Alaska - a government executive. It's excellent experience - experience you cannot gain at any university.

Did you know that Robert Reich doesn't have a degree in economics? So what? - you may disagree with his views, but he seems to understand the subject just fine.

Posted by: rich bastard | September 19, 2008 11:40 AM | Report abuse

When the Republicans have their backs to the wall, they play the race card. Welcome back to wingnutland, Willie Horton.

Posted by: Magic Dog | September 19, 2008 11:40 AM | Report abuse

For Strange Days: You should read David Brooks column on the subject of experience, and what qualifies a person for the Presidency.

I agree with you that the job qualifications do not fit neatly into resume form. But Brooks points out that one of the key skills a President must have is 'prudence' based on experience with the subject matter.

I think this historical example goes right to the heart of the matter: When he was informed that Franklin Roosevelt wanted him to be the running mate on the 1944 Democratic ticket, Harry Truman declined the offer, saying that he did not consider himself qualified to be President. Roosevelt was very surprised (not accustomed to hearing anyone say 'no' to him), and he managed to persuade Senator Truman to accept his offer for the good of the nation.

History shows that Truman went on to be one of our great Presidents. The fact that he himself had the prudence to question Roosevelt's choice was probably the best indicator that he was indeed the right man for the job. Conversely, the fact that Gov. Palin actually believes herself to be qualified reinforces the case that she is not.

Posted by: ted in pdx | September 19, 2008 11:40 AM | Report abuse

The argument that you can tell who a person is by who they associate with is disputable in itself, and the extent, circumstances, and nature of the relationship are among the countless variables which we would have to consider before taking the argument seriously.

Stop with all the partisan bs.

Stop with all the attention to irrelevant and often far-fetched accusations.

Look at the policies the two parties pursue and cast your vote. Its useless to base your vote on what the candidates are saying right now. We KNOW what policies and ideologies guide the two parties, and we know that apples do not fall far from their tree (I think thats the saying, lol).

Particularly in this election, it appears the candidates will say just about anything to convince voters to side with them. Don't believe any one of them. 99.9999% of the time Presidents don't live up to most promises made during the campaign. Campaigns are allways short on the intricacies of policy for fear of putting voters to sleep, instead they focus on one liners, and rhetoric which can be interpreted many different ways. Often they say things which they don't really mean in order to convince some voters who are on the fence, and other times they don't say what they really mean in order to not offend voters who are on their side of the fence.

Look at the two parties and their solutions to the problems facing us. Stop bickering about personality.

Posted by: IheartAmerica | September 19, 2008 11:38 AM | Report abuse

Cute... We see Rove's fingerprints all over this, of course. Having been completely exposed for his incestuous relations with the arrogant blowhard, Phil Gramm, he goes on the offense with a set of dubious "facts".

Posted by: NormC | September 19, 2008 11:38 AM | Report abuse

It is hilarious that republicans try to bash me yet can not begin to explain how Sarah Palin's education even begins to qualify her to be president.

Now please tell me how an educational background like this prepares you for the presidency.....careful now, you already look foolish in front of millions of readers.

In case anyone has missed it.....here is Sarah Palins educational experience.

SARAH PALINS OFFICIAL BIOGRAPHY ON MCCAIN/PALIN WEBSITE:

AND NOW FOR SARAH PALIN POTENTIAL VICE PRESIDENT (one heartbeat from the presidency - and I am not making any of this up this is in her official biography)

Palin attended Wasilla High School in Wasilla, a city[9] located 29 miles (47 km) north of the city of Anchorage. She was the head of the Fellowship of Christian Athletes chapter at the school and the point guard and captain of the school's girls' basketball team. She helped the team win the Alaska small-school basketball championship in 1982, hitting a critical free throw in the last seconds of the game, despite having an ankle stress fracture. She earned the nickname "Sarah Barracuda" because of her intense play; she was the leader of the team prayer before games.[10]

In 1982, Palin enrolled at Hawaii Pacific College but left after her first semester, transferring in 1983 to North Idaho College and then to the University of Idaho. She attended Matanuska-Susitna College in Alaska for one term, returning to the University of Idaho to complete her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12]

In 1984, Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the "Miss Congeniality" award.[17]

In 1988, she worked as a sports reporter for KTUU-TV in Anchorage, Alaska,[18] and for the Mat-Su Valley Frontiersman as a sports reporter.[19] She also helped in her husband’s commercial fishing family business.[20]


AND THIS INCREDIBLY UNQUALIFIED WOMAN MAY BE JUST ONE HEARTBEAT AWAY FROM RUNNING THE MOST POWERFUL COUNTRY IN THE WORLD.

Posted by: COMMON SENSE | September 19, 2008 11:37 AM | Report abuse

Me like mcCain and Palen cause he only got good advise from two great americans, cheney and bush. them great leaders. attack irrak now macain go get iran, siria, and france. Yay! oh yeah russia too close to alaska, attack them. then we get virgins before muslims take all in heaven. yes! so anyway sara built bridge to nothing, so what she says didn't want to. she hottest lady make good president if mccain keel over. she good holy roller lady and so hot!!!!! vote MCCAIN PALLEN TODAY!!!!!!!!

Posted by: d miner | September 19, 2008 11:34 AM | Report abuse

Wow Obama is a liar... who knew? Oh thats right anyone who listens to him and does not have their head in their a$$.

Posted by: Loyd | September 19, 2008 11:33 AM | Report abuse

The ad is truthful... The dems rail about the money changers, while their own are the worst offecndors... Nearly $200 million to Raines and Gorelick!!!!!.... It's sickening. These Clinton/dem hacks are worse than the rest of Wall Street manipulators, they're hypocrits.... And Obama is their second biggest benefactor.

Posted by: wrburton | September 19, 2008 11:33 AM | Report abuse

COMMON SENSE:

You brought up ted. Careful now you mental giant...

Posted by: Anonymous | September 19, 2008 11:33 AM | Report abuse

since ted kazinsky is not running for vice president lets just post the resume of someone who is:


SARAH PALINS OFFICIAL BIOGRAPHY ON MCCAIN/PALIN WEBSITE:

AND NOW FOR SARAH PALIN POTENTIAL VICE PRESIDENT (one heartbeat from the presidency - and I am not making any of this up this is in her official biography)

Palin attended Wasilla High School in Wasilla, a city[9] located 29 miles (47 km) north of the city of Anchorage. She was the head of the Fellowship of Christian Athletes chapter at the school and the point guard and captain of the school's girls' basketball team. She helped the team win the Alaska small-school basketball championship in 1982, hitting a critical free throw in the last seconds of the game, despite having an ankle stress fracture. She earned the nickname "Sarah Barracuda" because of her intense play; she was the leader of the team prayer before games.[10]

In 1982, Palin enrolled at Hawaii Pacific College but left after her first semester, transferring in 1983 to North Idaho College and then to the University of Idaho. She attended Matanuska-Susitna College in Alaska for one term, returning to the University of Idaho to complete her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12]

In 1984, Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the "Miss Congeniality" award.[17]

In 1988, she worked as a sports reporter for KTUU-TV in Anchorage, Alaska,[18] and for the Mat-Su Valley Frontiersman as a sports reporter.[19] She also helped in her husband’s commercial fishing family business.[20]


AND THIS INCREDIBLY UNQUALIFIED WOMAN MAY BE JUST ONE HEARTBEAT AWAY FROM RUNNING THE MOST POWERFUL COUNTRY IN THE WORLD.

Posted by: COMMON SENSE | September 19, 2008 11:31 AM | Report abuse

2005 USA Today article says it all
Read about Chris Cox the sec regulator
Big contributors to GOP reap big post-election rewards
By Jim Drinkard, USA TODAY
WASHINGTON — Just six months into a new term for President Bush and the Republican-controlled Congress, some of their heaviest donors are scoring victories on the legislative and regulatory fronts.
From rewrites of the laws governing bankruptcy and class-action lawsuits to relief for oil, timber and tobacco interests, GOP supporters who gave millions of dollars last year are reaping decisions worth billions from a Congress with more Republicans.

"Clearly, the election outcome has helped," says Bruce Josten, executive vice president of the U.S. Chamber of Commerce. "We are heading in the right direction. A lot more has been done by this time in a new session than usual."

While much public attention has been focused on Bush's sputtering effort to sell an overhaul of Social Security, legislation long sought by the GOP and its business allies have been enacted with bipartisan support. In February, Congress passed and Bush signed a bill that sharply limits class-action lawsuits. The savings will likely come to several billion dollars a year, says Russ Sutter of Tillinghast-Towers Perrin, an actuarial firm that studies tort costs.

The business sector that includes manufacturing and retail was among top GOP donors last election cycle. It directed three of every five political dollars to Republicans — almost $121 million, according to the non-partisan Center for Responsive Politics.

There was a similar partisan tilt in political giving by the finance industry, which won passage in April of a law making it harder to erase debts by declaring bankruptcy. Credit card companies and banks sought the change as a way to collect more debts.

The finance sector gave nearly $195 million to the GOP in the 2004 elections. And 105 of Bush's 548 elite fundraisers — those who raised $100,000 or more — were from the world of finance, making it his biggest base of top-dollar support, at $34 million.

"Many of the traditional business supporters are really getting the agenda they wanted, and it seems to be speeding up," says Larry Noble, director of the Center for Responsive Politics, which studies the impact of money on politics.

Still to come: Congress is pushing to complete an energy bill. Business interests want limits on liability for water contamination caused by MTBE, a fuel additive designed to reduce auto emissions, and oil companies seek to open the Arctic National Wildlife Refuge to drilling. The Senate passed its version Tuesday.

Bush supporters also have had good luck outside the legislative arena:

• Justice Department lawyers this month abruptly scaled back their request for a penalty in the government's lawsuit against tobacco companies. Rather than the 25-year, $130 billion smoking cessation program their own expert had recommended, they are asking for a $14 billion remedy. The tobacco industry favored Republicans three-to-one over Democrats last year, giving $2.7 million to the party and its candidates.

The Justice Department's Office of Professional Responsibility is looking into whether politics influenced the decision.

• After Securities and Exchange Commission Chairman William Donaldson resigned under fire from business groups who complained about overzealous regulation, Bush replaced him with someone with a pro-corporate record: Rep. Christopher Cox, R-Calif.

"It's hard to imagine somebody with a more nakedly deregulatory agenda," says William Lerach, a trial lawyer who has brought shareholder lawsuits against corporations accused of securities fraud. Securities and investment firms gave $47.8 million to Republicans last election.

• The administration last month reversed a ban on road construction, timber harvesting, mining and energy development on undeveloped national forest land. The government also has expanded oil and gas development on federal lands, including areas in New Mexico and Wyoming.

Energy and natural resources interests gave $39.3 million to the GOP last year, three times the amount given to Democrats.

Sponsored Links

Posted by: Greg | September 19, 2008 11:31 AM | Report abuse

Report confirms Obama negotiated with Iraqi Foreign Minister Update: Taheri receiving death threats from Obama supporters
Sep 17, 2008 - Amir Taheri's September 15th has been, for all intents and purposes, confirmed over the past 24 hours. Obama did indeed conduct illegal foreign policy negotiations with Iraqi foreign minister Hoshyar Zebari. As we wrote on the 15th, this amounts to a truly audacious betrayal of the American people and our military, and deserves a full investigation by the American government, and scrutinization by the media. This from the American Spectator:
The Obama campaign spent more than five hours on Monday attempting to figure out the best refutation of the explosive New York Post report that quoted Iraqi Foreign Minister Hoshyar Zebari as saying that Barack Obama during his July visit to Baghdad demanded that Iraq not negotiate with the Bush Administration on the withdrawal of American troops. Instead, he asked that they delay such negotiations until after the presidential handover at the end of January.

The three problems, according to campaign sources: The report was true, there were at least three other people in the room with Obama and Zebari to confirm the conversation, and there was concern that there were enough aggressive reporters based in Baghdad with the sources to confirm the conversation that to deny the comments would create a bigger problem.
There you have it, corroborating witnesses were present. On top of this the report goes on to say that the Obama campaign is not even bothering to really deny the charges, simply spin it in the hopes that his media devotees will simply sweep it under the rug like every other scandal.

America really needs some reporters with the testicular fortitude to start an investigation. Is the media so in the tank for Obama that they would go out of there way to ignore what might be one of the biggest breaches of trust of a presidential candidate in American history?

Chris Mathews (in)famously complained to Pat Buchanan that media access to Governor Sarah Palin was necessary for the American people to make an informed decision about her. Is this very same media, which demanded Palin postulate in front of them for the good of the people, going to allow this bombshell to go unscrutinized, withholding what could be crucial information necessary to making an informed decision in November? If so, their hypocrisy is not only deep, but dangerous.

Update: Amir Taheri is receiving death threats from Obama supporters. In his follow up opinion piece in today's NY Post, Taheri writes:
While I am encouraged by the senator's evolution, I must also appeal to him to issue a "cease and desist" plea to the battalions of his sympathizers - who have been threatening me with death and worse in the days since my article appeared.

Posted by: Scott | September 19, 2008 11:30 AM | Report abuse

COMMON SENSE:

Ted Taczynski:
http://en.wikipedia.org/wiki/Theodore_Kaczynski

Was a highly educated - you could even say brilliant man. What's your point?

Oh btw - Ted spend some time at UCB - one of the most liberal universities in this country.

But, what the heck is up with Chicago? - Must be the water.

Posted by: rich bastard | September 19, 2008 11:29 AM | Report abuse

BTW, I watched a speech this morning where McCain made these charges. He was introduced by Gov. Palin, and her speech was meandering and filled with flattery and fluff, but not much substance. So far, it appears that Senator McCain can't risk making a campaign appearance on his own because they've figured out that absent the "Hockey Mom with Lipstick" as the opening act, there will be no audience for Act 2. I think that's an issue which bears some discussion.

Posted by: ted in pdx | September 19, 2008 11:29 AM | Report abuse

lets repost one more time the resume of Sarah Palin that just screams that she is by far the most qualified person to be Vice President just one heartbeat away from the presidency. Take a good hard look at all those stellar qualifications:

SARAH PALINS OFFICIAL BIOGRAPHY ON MCCAIN/PALIN WEBSITE:

AND NOW FOR SARAH PALIN POTENTIAL VICE PRESIDENT (one heartbeat from the presidency - and I am not making any of this up this is in her official biography)

Palin attended Wasilla High School in Wasilla, a city[9] located 29 miles (47 km) north of the city of Anchorage. She was the head of the Fellowship of Christian Athletes chapter at the school and the point guard and captain of the school's girls' basketball team. She helped the team win the Alaska small-school basketball championship in 1982, hitting a critical free throw in the last seconds of the game, despite having an ankle stress fracture. She earned the nickname "Sarah Barracuda" because of her intense play; she was the leader of the team prayer before games.[10]

In 1982, Palin enrolled at Hawaii Pacific College but left after her first semester, transferring in 1983 to North Idaho College and then to the University of Idaho. She attended Matanuska-Susitna College in Alaska for one term, returning to the University of Idaho to complete her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12]

In 1984, Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the "Miss Congeniality" award.[17]

In 1988, she worked as a sports reporter for KTUU-TV in Anchorage, Alaska,[18] and for the Mat-Su Valley Frontiersman as a sports reporter.[19] She also helped in her husband’s commercial fishing family business.[20]


AND THIS INCREDIBLY UNQUALIFIED WOMAN MAY BE JUST ONE HEARTBEAT AWAY FROM RUNNING THE MOST POWERFUL COUNTRY IN THE WORLD.

Posted by: COMMON SENSE | September 19, 2008 11:28 AM | Report abuse

No one NO ONE can claim patriotism and leave the world like his party has left it.

Posted by: Greg | September 19, 2008 11:27 AM | Report abuse

"If you hire people based solely on what degree they have or where they got that degree, you are either an elitist or a fool or both!"

This is sort of misleading. For a leadership position, this really can't be taught - no Havard degree would make you a great leader. For a technical position, it is the single most important criterion unless the candidate has demonstrable experience in exactly what you want him or her to do.

The JPL, for example, would do better hiring a top notch recent graduate from MIT with a concentration in rocket engineering over Bill Gates.

As for the presidency, there is no job that really prepared one for president except for, perhaps, working closely with a president. None of these candidates have any really significant experience that correlates with being president.

Being a legislator is very different, although it gives you insight on how to push legislation. Being a governor of a state with a small population is as different from president as running a small business is from being CEO of IBM, although it gives you some insight on how to act as an executive.

Now that we've established that no one in this election really has truly relevant experience and that leadership is something you learn and develop not through school, the choice really boils down to looking at policy positions and past judgment.

Posted by: Strange Days | September 19, 2008 11:26 AM | Report abuse

let me go ahead and repost Sarah Palin's bio in case any republicans wanted to refresh their memory on how qualified she is:

SARAH PALINS OFFICIAL BIOGRAPHY ON MCCAIN/PALIN WEBSITE:

AND NOW FOR SARAH PALIN POTENTIAL VICE PRESIDENT (one heartbeat from the presidency - and I am not making any of this up this is in her official biography)

Palin attended Wasilla High School in Wasilla, a city[9] located 29 miles (47 km) north of the city of Anchorage. She was the head of the Fellowship of Christian Athletes chapter at the school and the point guard and captain of the school's girls' basketball team. She helped the team win the Alaska small-school basketball championship in 1982, hitting a critical free throw in the last seconds of the game, despite having an ankle stress fracture. She earned the nickname "Sarah Barracuda" because of her intense play; she was the leader of the team prayer before games.[10]

In 1982, Palin enrolled at Hawaii Pacific College but left after her first semester, transferring in 1983 to North Idaho College and then to the University of Idaho. She attended Matanuska-Susitna College in Alaska for one term, returning to the University of Idaho to complete her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12]

In 1984, Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the "Miss Congeniality" award.[17]

In 1988, she worked as a sports reporter for KTUU-TV in Anchorage, Alaska,[18] and for the Mat-Su Valley Frontiersman as a sports reporter.[19] She also helped in her husband’s commercial fishing family business.[20]


AND THIS INCREDIBLY UNQUALIFIED WOMAN MAY BE JUST ONE HEARTBEAT AWAY FROM RUNNING THE MOST POWERFUL COUNTRY IN THE WORLD.

Posted by: COMMON SENSE | September 19, 2008 11:25 AM | Report abuse

This is coming from a man who's economic adviser was Phil the bank deregulator Gramm. The straight talk express crashed and burned after he caved to the religious right on Palin.

Posted by: Greg | September 19, 2008 11:24 AM | Report abuse

And this is the guy who wants to lead us out of another financial debacle?

Please.

From Wikipedia:
McCain became enmeshed in a scandal during the 1980s as one of five United States Senators comprising the so-called "Keating Five".[86] Between 1982 and 1987, McCain had received $112,000 in lawful[87] political contributions from Charles Keating Jr. and his associates at Lincoln Savings and Loan Association, along with trips on Keating's jets[86] that McCain belatedly repaid two years later.[88] In 1987, McCain was one of the five senators whom Keating contacted in order to prevent the government's seizure of Lincoln, and McCain met twice with federal regulators to discuss the government's investigation of Lincoln.[86] On his Keating Five experience, McCain has said: "The appearance of it was wrong. It's a wrong appearance when a group of senators appear in a meeting with a group of regulators, because it conveys the impression of undue and improper influence. And it was the wrong thing to do."[89] In the end, McCain was cleared by the Senate Ethics Committee of acting improperly or violating any law or Senate rule, but was mildly rebuked for exercising "poor judgment".[89][87]

Posted by: Remember the Keating Five? | September 19, 2008 11:24 AM | Report abuse

I've been a voting Republican since 1971. Until this year, I was a big supporter of John McCain. Yesterday, I looked up the Bill he co-sponsored in 2005 with respect to F&F and at least the rhetoric of his endorsement speech in the Congressional Record sounded good. Quite clearly Senator McCain was well aware of the improprieties and conflicts of interest going on at the GSE's. As I understand it, the Bill never even came up for a vote. Does co-sponsoring a Bill and then letting it die constitute challenging his party? I don't think so. John McCain has plenty of clout back there. If he wanted to, he could have gone public and said "There's fraud being committed, and the Bush administration is doing nothing about it."

The last action on that Bill was taken in July of 2005, while the Republicans still controlled Congress. As I see it, John McCain got what he wanted out of the Bill: an entry in the Congressional Record he could use later, and of course he is. Today, he used to to "prove" that he's been trying to reform Washington all along. But where was the outrage back then? (Nonexistent)

Then he said Senator Obama was doing nothing while he was trying to fight corruption. Well that was a bald faced lie. The Feb, 2006 version of Obama's 'STOP FRAUD' Bill would have tightened reporting and accountability standards for lenders on mortgages. It's scope was too limited, but it demonstrated that Obama was on to the mortgage lending industry, and he did something about it. The April, 2007 revision of the bill went much further, including requirements for proof of the creditworthiness of sub-prime borrowers, and analysis of their ability to pay 7-10 years into the loans. That bill never got voted on either. I don't know why, but I can guess. What did the freshman Senator from Illinois do? He ran for President. (John McCain keeps saying Obama has never challenged is own party. I think Hillary Clinton might differ with him on that point.)

Posted by: ted in pdx | September 19, 2008 11:23 AM | Report abuse


We can see that Sen McCain picked Gov. Sarah Palin for the milage it would get him with the women voter`s with the realisation that women constitut of a high persentage of the voters now that seems not to be working and the focus is trully on the issue that deems what may be rationably the highest concern for many Americans (next to the War)he (Sen Mccain) is scrambeling for tactic that would gain popularity with the American voters and so is stateing all sorts of half truths and unsubstantiated statements in his adds, now it is ture that sen Obama has associated at some time or the other with individuals who have done things in their buissness dealings that is far from reputable but so has Sen Mccain i trully hope that come november the American people will really chose the real advocate of Change.

Posted by: Craig | September 19, 2008 11:23 AM | Report abuse

TED KAZINSKY'S BIO (By the way, he was a registered Republican and his manifesto attacks the left)

Hmmmmmm....who else claims to be a backwoods person in this campaign?

In the summer of 1969, Kaczynski moved to his parents' small residence in Lombard, Illinois. Two years later, in 1971, he moved into a remote cabin he built himself in Lincoln, Montana, where he lived a simple life on very little money, with no electricity and no running water, feeding himself as a hunter-gatherer. Kaczynski also worked odd jobs and received financial support from his family (including purchasing his land and, without their knowledge, funding his bombing campaign). In 1978, he worked very briefly with his father and brother at a foam-rubber factory.[7]

Posted by: COMMON SENSE | September 19, 2008 11:22 AM | Report abuse

COMMON SENSE
---------------
Beginning in 1992, Obama taught constitutional law at the University of Chicago Law School for twelve years, being first classified as a Lecturer from 1992 to 1996, and then as a Senior Lecturer from 1996 to 2004.[25]
---------------

So how many times have we heard 0bama stating that he was a "professor" in constitutional law? Well obviously he was not ... don't these "misrepresentations" bother anyone?

Please, spare me the explanation that people won't understand what a lecturer is ... we're not all "under-educated".

What was that re NAFTA again in the primaries? 0bama says he'll renegotiate, then send his flunky to re-assure the Canadians.

should I go on ...?

This is not about education, this is about character and a track record to back it up. Not speeches an inaccuracies and huge egos.

Posted by: rich bastard | September 19, 2008 11:22 AM | Report abuse

Left-wing Elitists are the most un-American people in the world.

When your candidate loses this election, do all of us a big, big favor and move to Canada like you whined you were going to do the last time your candidate was REJECTED by the AMERICAN PEOPLE.

Posted by: Rufus | September 19, 2008 11:21 AM | Report abuse

McCain is just losing it.

Making needless lies is not helping his campaign. Making lies up on such a serious issue as finance may sound tempting, but there are enough people in this community to show it to be the lie it is.

The McCain campaign team are losing their game or losing their minds.

Posted by: lucy2008 | September 19, 2008 11:20 AM | Report abuse

"Also it is not disputed that Obama has received the second largest amounts in campaign contributions from individuals connected with Fannie and Freddie and that was only in four years"

Those individuals were employees of the companies, capped at $200 per person just like any other donation limit. What's next on the spin list, how much money employees of McDonald's give Obama's campaign?

Because, y'know, they *are* the company.

Puh-lease.

Posted by: Midgardener | September 19, 2008 11:20 AM | Report abuse

What does accounting problems have to do with subprime loans. I know of hundreds of companies that screw up their books and pay fines. And even if Obama had talked to him about the housing mess what does that have to do with the deregulation that let this happen.

Posted by: Hemi | September 19, 2008 11:18 AM | Report abuse

"In any event, Obama was the second largest recipient of campaign contributions from Fannie Mae and Freddie Mac in just four years in the Senate."

Well, duh. Obama's received more campaign contributions overall, so of course for pretty much any company you look at he's going to have received amongst the most from their employees.

He's probably received most money from employees of Starbucks as well, doesn't mean he's in cahoots with the coffee industry!

Posted by: Aengil | September 19, 2008 11:18 AM | Report abuse

(Lack Of) COMMON SENSE:

You continue to make my point...and the best part is you don't even realize it! You must be HIGHLY educated, which accounts for all the time you seem to have to dig up all this information to post!

Posted by: ujczom | September 19, 2008 11:17 AM | Report abuse

BILL GATES BIOGRAPHY - I would like to compare his SAT scores against Palin and McCain anyday.

Gates graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the Scholastic Aptitude Test[15] and subsequently enrolled at Harvard College in the fall of 1973.[16] While at Harvard, he met his future business partner, Steve Ballmer, whom he later appointed as CEO of Microsoft. He also met computer scientist Christos Papadimitriou at Harvard, with whom he collaborated on a paper about algorithms.[17] He did not have a definite study plan while a student at Harvard[18] and spent a lot of time using the school's computers. He remained in contact with Paul Allen, joining him at Honeywell during the summer of 1974.[19] The following year saw the release of the MITS Altair 8800 based on the Intel 8080 CPU, and Gates and Allen saw this as the opportunity to start their own computer software company.[20] He had talked this decision over with his parents, who were supportive of him after seeing how much Gates wanted to start a company.[18]Dropped out of Harvard June 1975 [19].

Gates has received honorary doctorates from Nyenrode Business Universiteit, Breukelen, The Netherlands in 2000,[58] the Royal Institute of Technology, Stockholm, Sweden in 2002, Waseda University, Tokyo, Japan in 2005, Harvard University in June 2007,[59] and from Karolinska Institutet, Stockholm, in January 2008.[60] Gates was also made an honorary Knight Commander of the Order of the British Empire (KBE) from Queen Elizabeth II in 2005,[61] in addition to having entomologists name the Bill Gates flower fly, Eristalis gatesi, in his honor.[62]

In November 2006, he and his wife were awarded the Order of the Aztec Eagle for their philanthropic work around the world in the areas of health and education, particularly in Mexico, and specifically in the program "Un país de lectores".[63]

THERE HAVE BEEN NO HONORY DOCTORATES GIVEN TO MCCAIN OR PALIN.

Posted by: COMMON SENSE | September 19, 2008 11:13 AM | Report abuse

While McCain voted for Bush's failed policies 90% of the time (by his own admission), his campaign claims that Obama has never stood up to the Democratic Party (not true--He has voted independently a number of times). But apparently it hasn't occurred to the McCain crowd that in voting with the Democrats, Obama was voting AGAINST the Bush policies. He didn't need to stand up to his party, because his party has been right most of the time.

Posted by: Frances Arnetta | September 19, 2008 11:08 AM | Report abuse

Regina,

Here's two more to add to your list:

Ted Kaczynski:
BS - Harvard
MS in Mathematics - U of Michigan
PhD in Mathematics - U of Michigan

Bill Gates:
College Dropout

Which one made more positive contributions to society? You have no credibility when you try to promote the intellectual superiority of your candidates based solely on how many sheepskins they have collected.

I'm well educated myself, and I've been interviewing and hiring people for many years for highly technical work. And what I've found is that judgement and experience are far more critical than a formal education for most positions that are not entry level.

If you hire people based solely on what degree they have or where they got that degree, you are either an elitist or a fool or both!

Posted by: ujczom | September 19, 2008 11:07 AM | Report abuse

Bush's McSame I never realised

YOUR DREAM OF A

American Home Ownership Plan

you proudly supported.

Would mean AMERICAN GOVERMENT HOME OWNERSHIP

Posted by: dickcheneyisacorruptliar | September 19, 2008 11:06 AM | Report abuse

BARAK OBAMAS EDUCATION - (I HAVE EDITED OUT SEVERAL PARAGRAPHS OF COMMUNITY SERVICE WORKS TO JUST TO CONDENSE INTO MANAGABLE READING)

Barak Obama's education and experience for President:

Following high school, Obama moved to Los Angeles, where he studied at Occidental College for two years.[10] He then transferred to Columbia University in New York City, where he majored in political science with a specialization in international relations.[11] Obama graduated with a B.A. from Columbia in 1983, then worked for a year at the Business International Corporation[12] and then at the New York Public Interest Research Group.[13][14]

After four years in New York City, Obama moved to Chicago to work as a community organizer for three years from June 1985 to May 1988 as director of the Developing Communities Project (DCP), a church-based community organization originally comprising eight Catholic parishes in Greater Roseland (Roseland, West Pullman, and Riverdale) on Chicago's far South Side.[13][15] During his three years as the DCP's director, its staff grew from 1 to 13 and its annual budget grew from $70,000 to $400,000, with accomplishments including helping set up a job training program, a college preparatory tutoring program, and a tenants' rights organization in Altgeld Gardens.[16]

Obama entered Harvard Law School in late 1988. At the end of his first year, he was selected, based on his grades and a writing competition, as an editor of the Harvard Law Review.[19] In February 1990, in his second year, he was elected president of the Law Review, a full-time volunteer position functioning as editor-in-chief and supervising the Law Review's staff of 80 editors.[20] During his summers, he returned to Chicago where he worked as a summer associate at the law firms of Sidley & Austin in 1989 and Hopkins & Sutter in 1990.[21]

After graduating with a Juris Doctor (J.D.) magna cum laude from Harvard in 1991, he returned to Chicago.


Obama directed Illinois' Project Vote from April to October 1992, a voter registration drive with a staff of 10 and 700 volunteers; it achieved its goal of registering 150,000 of 400,000 unregistered African-Americans in the state, and led to Crain's Chicago Business naming Obama to its 1993 list of "40 under Forty" powers to be.[23][24]

Beginning in 1992, Obama taught constitutional law at the University of Chicago Law School for twelve years, being first classified as a Lecturer from 1992 to 1996, and then as a Senior Lecturer from 1996 to 2004.[25]

He also, in 1993, joined Davis, Miner, Barnhill & Galland, a 12-attorney law firm specializing in civil rights litigation and neighborhood economic development, where he was an associate for three years from 1993 to 1996, then of counsel from 1996 to 2004, with his law license becoming inactive in 2002.[13][26]

Posted by: COMMON SENSE | September 19, 2008 11:05 AM | Report abuse

Obama is intelligent and takes his advice from brilliant folks like the previous poster mentioned Warren Buffet, Reich, And Volcker. I take this trio over Phil Gramm. I am disgusted by Mc Cain having sold his soul to the evangelicals he use to call agents of intolerance and now he has become a desperate liar. The sheen is off Palins distraction bloom and Mc Same has nothing left but to lie through his teeth. Mc Cain has flip flopped on the bailouts just this week. He wants us to keep spending 12 billion a month forever in Iraq a war we were lied into. Mc Same wrong as George W. on damn near every issue. This Latino veteran will line up with Barack Obama and hope for better days than the ones brought upon us by these Republican liars. SI SE PUEDE! YES WE MUST CHANGE AHORA!

Posted by: Command Sergeant Major Sigfriedo Flores | September 19, 2008 11:05 AM | Report abuse

John McInsane is losing his mind. He can't go a day without lying about something. I think he needs a check up to see if he has cancer of the brain.

Posted by: Mike M | September 19, 2008 11:04 AM | Report abuse

SARAH PALINS OFFICIAL BIOGRAPHY ON MCCAIN/PALIN WEBSITE:

AND NOW FOR SARAH PALIN POTENTIAL VICE PRESIDENT (one heartbeat from the presidency - and I am not making any of this up this is in her official biography)

Palin attended Wasilla High School in Wasilla, a city[9] located 29 miles (47 km) north of the city of Anchorage. She was the head of the Fellowship of Christian Athletes chapter at the school and the point guard and captain of the school's girls' basketball team. She helped the team win the Alaska small-school basketball championship in 1982, hitting a critical free throw in the last seconds of the game, despite having an ankle stress fracture. She earned the nickname "Sarah Barracuda" because of her intense play; she was the leader of the team prayer before games.[10]

In 1982, Palin enrolled at Hawaii Pacific College but left after her first semester, transferring in 1983 to North Idaho College and then to the University of Idaho. She attended Matanuska-Susitna College in Alaska for one term, returning to the University of Idaho to complete her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12]

In 1984, Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the "Miss Congeniality" award.[17]

In 1988, she worked as a sports reporter for KTUU-TV in Anchorage, Alaska,[18] and for the Mat-Su Valley Frontiersman as a sports reporter.[19] She also helped in her husband’s commercial fishing family business.[20]

AND THIS INCREDIBLY UNQUALIFIED WOMAN MAY BE JUST ONE HEARTBEAT AWAY FROM RUNNING THE MOST POWERFUL COUNTRY IN THE WORLD.


Posted by: COMMON SENSE | September 19, 2008 11:01 AM | Report abuse

Here's Proof-
Note the date on this Politico piece by Ben Smith- OF COURSE OBAMA "NEVER HEARD OF" His Advisor Franklin Raines who took $90 Million out of Fannie Mae and ran it into the ground- I'm sure donating some to Obama- stay tuned!

******************************************
July 16, 2008
Categories: Barack Obama

Advice from Raines

An ill-timed -- for Obama -- profile of former Fannie Mae CEO Franklin Raines, forced out in an accounting mess a few years ago.

The Style Section piece reports that he's recently been taking "calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."

Hard to find anybody in the mortgage industry who's looking real great right now, but Fannie Mae's critics, in particular, seem to have been vindicated.


By Ben Smith 11:42 AM
******************

Rezko, Ayres, Raines....nice company Barack

Posted by: scott | September 19, 2008

_____________________________

Here we go again. 1+1=5 Gotta love the nut-jobs that come crawling out of the woodwork to try and help McCain after week of screw ups.

Posted by: Hemi | September 19, 2008 10:59 AM | Report abuse

Here's Proof-
Note the date on this Politico piece by Ben Smith- OF COURSE OBAMA "NEVER HEARD OF" His Advisor Franklin Raines who took $90 Million out of Fannie Mae and ran it into the ground- I'm sure donating some to Obama- stay tuned!

******************************************
July 16, 2008
Categories: Barack Obama

Advice from Raines

An ill-timed -- for Obama -- profile of former Fannie Mae CEO Franklin Raines, forced out in an accounting mess a few years ago.

The Style Section piece reports that he's recently been taking "calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."

Hard to find anybody in the mortgage industry who's looking real great right now, but Fannie Mae's critics, in particular, seem to have been vindicated.


By Ben Smith 11:42 AM
******************

Rezko, Ayres, Raines....nice company Barack

Posted by: Scott | September 19, 2008 10:58 AM | Report abuse

Thank God I will never see a "Finding a new way HOME commercial"


Whats a matter with the one have now!!!!

Its all Franks Fault bad commercials lead to goverment takeovers.

McSame couldn't get the remote to work so he couldn't watch the bad commercials and is clean.

Posted by: REGULATE EVERYTHING MCSAME | September 19, 2008 10:58 AM | Report abuse


This shows how forward thinking Obama's campaign is. If years ago they called Fannie Mae CEO for advice. I think this looks good for Obama when compared to McCain who looks like he couldn't be less prepared. Looks better than the 20 McCain staffers who were paid 12 million in lobbyist fees from F Mae and F Mac.

Posted By: Curtis (I) for Obama (Christian) | July 16, 2008 at 02:45 PM

Posted by: Curtis | September 19, 2008 10:57 AM | Report abuse

The Washington Post's own stories below talk about the Obama/Raines relationship...

7/16/08: “In the four years since he stepped down as Fannie Mae’s chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case’s D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.”

8/28/08: “In the current crisis, their biggest backers have been Democrats such as Senate Banking Committee Chairman Christopher J. Dodd (Conn.) and House Financial Services Committee Chairman Barney Frank (Mass.). Two members of Mr. Obama’s political circle, James A. Johnson and Franklin D. Raines, are former chief executives of Fannie Mae.“
Howard never


Posted by: noifsandsorbuts | September 19, 2008 10:57 AM | Report abuse

Ok Palin/McCain posters, hope you all enjoyed our staff conference call, now get back to smearing!!!

Posted by: KRove | September 19, 2008 10:56 AM | Report abuse

Interesting people still going after Palin...hey did you pay extra taxes? If not your not patriotic according to Biden!

The Raines-Johnson-Obama connection was reported by the Washington Post itself! Is Howard Kurtz ready and willing to lead the charge that the Washington Post is not a credible paper?

Fannie Mae was going downhill thanks to Raines and he was busted for it, Johnson improved it...so he could better pocket millions of dollars, and Obama does have these two as his advisors.

And I love the charge of "say anything" since Obama continues to love to make up stories as he goes...his latest that HE was the one responsible for the stimulus package...or was it his Banking committee...in the state of New Pennsylvania, home of the "Nitaly" Lions...

Posted by: John | September 19, 2008 10:54 AM | Report abuse

Do Mc Cain and his campaign team ever run out of lies to hurl. they are desperately trying to distract America from the truth. Raines has never ever been any kind of advisor to Obama. Obama has Warren Buffet, Robert Reich, and Paul Volcker on his economic advisory team and that easily trumps Mc Same and his advisor and sidekick Phil Gramm who wrote his economic plan. A huge factor in all the economic mess is the 500 billion dollar so far cost of the war in Iraq which we were lied into. No Weapons of Mass Destruction no ties to Al Qaeda and now a big bill to pay to say nothing of the 5000 of our troops lives and over 35,000 injured or maimed. Time to throw the Republican bums who took a 290 billion dollar surplus and turned it into a 500 billion and counting deficit out NOW! YES WE CAN bring the economy back to its senses. Vote Hope America vote for Barack Obama don't let the steady stream of made up lies coming out of the Mc Cain campaign distract us from the missions at hand.

Posted by: Col Joseph Bento Jr. US Army 82nd Airborne | September 19, 2008 10:54 AM | Report abuse

WHAT A JERK ...Doesn't mention his own papers reporting...I assume he doesn't read it. Needs to read article in The National Republic hardly a consevative mag. which states that the ad isn't a lie. Shame on Howard for not mentioning his papers reporters pieces that confirmed Raines was an Obama aid.

Posted by: fRANK bROWN | September 19, 2008 10:53 AM | Report abuse

Most of this heat IS carried by "dumb" people (smartwomenformccain), as is evidenced by your failure to read the article (the part debunking the "advising"), and by the truculent twerps chanting "Keating"... Read the actual record. Fact is, handing regulatory, and therefore government functionality, over to the industries to be regulated is as uninformed as continuing to subscribe to the drunken fairy tale of piddle-down economics. McCain himself said at the time of Keating that his involvement was the result of poor judgement. I see this kind of lie as evidence of a continued lack of judgement.

Posted by: Istrain | September 19, 2008 10:53 AM | Report abuse

0bama & Biden both crooks:

http://online.wsj.com/article/SB122182989114256587.html?mod=googlenews_wsj

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

Biden can be excused - but how does someone like 0bama with so little experience and such a short track record of service get into so many questionable relationships?

Ayers/Wright/Resko/Davies/Daley/Johnson/0bama

... the "sewer group"?

Posted by: Anonymous | September 19, 2008 10:52 AM | Report abuse

Pres Bush: Sec of Treasury monitoring for abuse and illegal trading.

Ummm, 25 years too late, Sir.

Posted by: Anonymous | September 19, 2008 10:52 AM | Report abuse

Hey, McCain said Obama voted 94 times to raise taxes, and lied about every one. Can you imagine Obama being tied to the mortgage mess when he has nothing to do with it. The press is going to run with this bull story because McCain is getting his a$$ kicked. He don't care about the truth, only the headlines that put doubt in peoples minds. Now Gramm is tied to McCain, and we all know that he advises him. Gramm is responsible for all of this mess, and Obama should set the record straight.

Posted by: Hemi | September 19, 2008 10:51 AM | Report abuse

Here's Proof-
Note the date on this Politico piece by Ben Smith- OF COURSE OBAMA "NEVER HEARD OF" His Advisor Franklin Raines who took $90 Million out of Fannie Mae and ran it into the ground- I'm sure donating some to Obama- stay tuned!

******************************************
July 16, 2008
Categories: Barack Obama

Advice from Raines

An ill-timed -- for Obama -- profile of former Fannie Mae CEO Franklin Raines, forced out in an accounting mess a few years ago.

The Style Section piece reports that he's recently been taking "calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."

Hard to find anybody in the mortgage industry who's looking real great right now, but Fannie Mae's critics, in particular, seem to have been vindicated.


By Ben Smith 11:42 AM
******************

Rezko, Ayres, Raines....nice company Barack

Posted by: scott | September 19, 2008 10:50 AM | Report abuse

...then again Phil Gramm, the mastermind behind the sub prime deregulation is McCain's chief economic adviser

Posted by: woody | September 19, 2008 10:50 AM | Report abuse

Both campaigns have stretched, mangled, and perhaps even fabricated on the campaign trail. Things will be said and promises will be made to get elected. That is the game of politics. BUT if you were an employer (which in essence we are) and had to hire one of these teams you would look at experience AND education.
so lets take a look:
Barack Obama

* Occidental College - Two years
* Columbia University - B.A. Political science with a specialization in international relations.
* Harvard - Juris Doctor (J.D.) Magna Cum Laude

Joe Biden

* University of Delaware - B.A. History
* University of Delaware - B.A. Political Science
* Syracuse University College of Law - Juris Doctor (J.D.)

John McCain

* United States Naval Academy - Class rank 894 of 899

Sarah Palin

* Hawaii Pacific University - 1 semester
* North Idaho College - 2 semesters - general study
* University of Idaho - 2 semesters - journalism
* Matanuska-Susitna College - 1 semester
* University of Idaho - 3 semesters - B.A. Journalism

As an employer WE have to assess both teams and at this point in time I think Political Science is a little more important...

Posted by: Regina | September 19, 2008 10:49 AM | Report abuse

Thats right "Elmer FUD McSame"

BLAME the Black guy that left FNMA many many years ago

Posted by: dickcheneyisacorruptliar | September 19, 2008 10:48 AM | Report abuse

This ad basically says "Scary black men are teaming up to hurt defenseless white women"

At long last, these Republicans still have no honor or decency.

Posted by: Stephanie | September 19, 2008 10:48 AM | Report abuse

Chris: "Five of America's dumbest people will be fooled by this ad, and that's about it."

You're joking, right? There are at least five believers on this board alone. The fact is this crap works because the media is too scared/incompetent/lazy to challenge such claims for fear of being accused of liberal bias (hint to media: you'll be accused of that no matter what you do, SO IGNORE IT). If they were doing one tenth of their job the GOP would be laughed out of government in November.

Posted by: Tim B | September 19, 2008 10:48 AM | Report abuse

"smartwomenformccain"

You should check McSame Keating 5 Scandal. Maybe you choose to ignore it, but we don't.

Keating went to jail.
Bilions and trillion spend to fix the problem McCain helped create.

Obama is a great guy. He stays true to his nature because he said he would run a principle campaign. The other party made reference to his faith, his pastor, his patriotic conviction, his race, his elitism, but he chose not to fire at them. Why?

Because he want to lead not divide this nation.

Posted by: Omidal | September 19, 2008 10:46 AM | Report abuse

Lets compare each tickets educational bio's shall we:

Barak Obama's education and experience for President:

Following high school, Obama moved to Los Angeles, where he studied at Occidental College for two years.[10] He then transferred to Columbia University in New York City, where he majored in political science with a specialization in international relations.[11] Obama graduated with a B.A. from Columbia in 1983, then worked for a year at the Business International Corporation[12] and then at the New York Public Interest Research Group.[13][14]

After four years in New York City, Obama moved to Chicago to work as a community organizer for three years from June 1985 to May 1988 as director of the Developing Communities Project (DCP), a church-based community organization originally comprising eight Catholic parishes in Greater Roseland (Roseland, West Pullman, and Riverdale) on Chicago's far South Side.[13][15] During his three years as the DCP's director, its staff grew from 1 to 13 and its annual budget grew from $70,000 to $400,000, with accomplishments including helping set up a job training program, a college preparatory tutoring program, and a tenants' rights organization in Altgeld Gardens.[16]

Obama entered Harvard Law School in late 1988. At the end of his first year, he was selected, based on his grades and a writing competition, as an editor of the Harvard Law Review.[19] In February 1990, in his second year, he was elected president of the Law Review, a full-time volunteer position functioning as editor-in-chief and supervising the Law Review's staff of 80 editors.[20] During his summers, he returned to Chicago where he worked as a summer associate at the law firms of Sidley & Austin in 1989 and Hopkins & Sutter in 1990.[21]

After graduating with a Juris Doctor (J.D.) magna cum laude from Harvard in 1991, he returned to Chicago.


Obama directed Illinois' Project Vote from April to October 1992, a voter registration drive with a staff of 10 and 700 volunteers; it achieved its goal of registering 150,000 of 400,000 unregistered African-Americans in the state, and led to Crain's Chicago Business naming Obama to its 1993 list of "40 under Forty" powers to be.[23][24]

Beginning in 1992, Obama taught constitutional law at the University of Chicago Law School for twelve years, being first classified as a Lecturer from 1992 to 1996, and then as a Senior Lecturer from 1996 to 2004.[25]

He also, in 1993, joined Davis, Miner, Barnhill & Galland, a 12-attorney law firm specializing in civil rights litigation and neighborhood economic development, where he was an associate for three years from 1993 to 1996, then of counsel from 1996 to 2004, with his law license becoming inactive in 2002.[13][26]


Joe Biden's experience for Vice President (one heartbeat away from the presidency):

Biden attended the University of Delaware in Newark,[10] where by his own later description he was a lazy student.[11] He graduated with a Bachelor of Arts with a double major in history and political science in 1965,[2] ranked 506th of 688 in his class.[12]

He went on to receive his Juris Doctor from Syracuse University College of Law in 1968,[10] where by his own description he again underperformed and ranked 76th of 85 students.[11][13]


John McCains education for president:

Following in the footsteps of his father and grandfather, McCain entered the United States Naval Academy at Annapolis. There, he was a friend and informal leader for many of his classmates,[9] and sometimes stood up for people who were being bullied.[4] He also became a lightweight boxer.[10] McCain came into conflict with higher-ranking personnel, he did not always obey the rules, and that contributed to a low class rank (894 of 899) despite a strong intelligence.[9][11] He did well in academic subjects that interested him, such as literature and history, but studied only enough to pass subjects he struggled with, such as mathematics.[4][12] McCain graduated in 1958.[9]

McCain's pre-combat duty began when he was commissioned an ensign, and started two and a half years of training at Pensacola as a naval aviator.[13] While there, he earned a reputation as a partying man.[6] He completed flight school in 1960, and became a naval pilot of ground-attack aircraft, assigned to A-1 Skyraider squadrons[14] aboard the aircraft carriers USS Intrepid and USS Enterprise[15] in the Caribbean and Mediterranean Seas.[16] The planes he was flying crashed twice and once collided with power lines, but he received no major injuries.[16]

AND NOW FOR SARAH PALIN POTENTIAL VICE PRESIDENT (one heartbeat from the presidency - and I am not making any of this up this is in her official biography)

Palin attended Wasilla High School in Wasilla, a city[9] located 29 miles (47 km) north of the city of Anchorage. She was the head of the Fellowship of Christian Athletes chapter at the school and the point guard and captain of the school's girls' basketball team. She helped the team win the Alaska small-school basketball championship in 1982, hitting a critical free throw in the last seconds of the game, despite having an ankle stress fracture. She earned the nickname "Sarah Barracuda" because of her intense play; she was the leader of the team prayer before games.[10]

In 1982, Palin enrolled at Hawaii Pacific College but left after her first semester, transferring in 1983 to North Idaho College and then to the University of Idaho. She attended Matanuska-Susitna College in Alaska for one term, returning to the University of Idaho to complete her Bachelor of Science degree in communications-journalism, graduating in 1987.[11][12]

In 1984, Palin won the Miss Wasilla Pageant beauty contest,[13][14] then finished third (second runner-up) in the Miss Alaska pageant,[15][16] at which she won a college scholarship and the "Miss Congeniality" award.[17]

In 1988, she worked as a sports reporter for KTUU-TV in Anchorage, Alaska,[18] and for the Mat-Su Valley Frontiersman as a sports reporter.[19] She also helped in her husband’s commercial fishing family business.[20]


AND THIS INCREDIBLY UNQUALIFIED WOMAN MAY BE JUST ONE HEARTBEAT AWAY FROM RUNNING THE MOST POWERFUL COUNTRY IN THE WORLD.

Posted by: COMMON SENSE | September 19, 2008 10:45 AM | Report abuse

Posted by: greg | September 19, 2008 10:44 AM | Report abuse

Sorry Mr. McCain:

You can't run from your record. You have been a huge part of the problem in DC for longer than the dimwits posting here on your behalf have been alive.

Time to take out the garbage this November. Sorry, GOP.

Posted by: Anonymous | September 19, 2008 10:42 AM | Report abuse

Quit trying to deflect where the real problem lies.

Since George B is so proud of his Americanism self as commander in chief, I believe he needs to resign his commission under disgrace and dishonor.

He will go down in history as THE WORST PRESIDENT OF MODERN TIMES. along with the republicans as the party of exclusion, excess and mistrust. Reps, get used to it, your hey day is over.

Posted by: vs | September 19, 2008 10:42 AM | Report abuse

Excuse me, MCCAIN is at fault here? How many times has Obama attacked McCain on grounds of not having experience or understanding of economics? And how many of us have heard (more than once) about Phil Gramm, huh? Or Keating 5?

Please. If Obama can dish it he better be prepared to take it.

Raines isn't even the ONLY connection Obama has to Fannie. He's got another former CEO... remember the guy he originally CHOSE TO HEAD HIS VP SEARCH he's still an adviser... but even if he weren't now, how can anyone say that Obama had a negligible relationship if he wanted him to take such a key role?

And where is all the outrage about Penny Pritzker being Obama's national finance chair? If she had any connection to McCain, Obama would be all over it.

I bet the folks who lost their money thru the Pritzker's foray into subprime lending are loving her still having her billions... still donating away to politicians. That's gotta sting.

And that's in ADDITION to Obama being #2 on the list of fannie contributions. And that's over how many years? How many has Obama been there? Do the math. He sure hit the top fast.

If McCain can be called out repeatedly for simply "hiring lobbyists"... why can't anyone point out the folks Obama is surrounding himself with??? either his famous judgment is pretty bad, or he doesn't actually care.

Posted by: | September 19, 2008 10:41 AM | Report abuse

Obama didn;t deny that he was part of his "circle" here:

http://www.washingtonpost.com/wp-dyn/content/article/2008/08/27/AR2008082703021.html

Posted by: Anonymous | September 19, 2008 10:40 AM | Report abuse

The reporter who wrote this article should change his name to Howard Klutz rather than kurtz

Posted by: gregckent | September 19, 2008 10:39 AM | Report abuse

Attention McCain posters. Staff conference call in 15 minutes...

Posted by: Anonymous | September 19, 2008 10:37 AM | Report abuse

It's amusing that some of the comments here think only "dumb" people will believe the FACTS about Obama's relationship to Fannie & Freddie leadership. The title of this article should be:" Obama gets advice AND LOTS OF MONEY TOO from Raines".

When the Obama supporters stop smoking their weed and come out of their celebrity-fan haze maybe they will catch the clip of Obama's gurus getting thrown into jail for criminal roles in bringing down America's economy and the lifesavings of real citizens.

Posted by: smartwomenformccain | September 19, 2008 10:36 AM | Report abuse

If McBush McPalin wants to get dirty then Obama this is the Time for Keating 5

Posted by: Omidal | September 19, 2008 10:36 AM | Report abuse

The true bumbling stumbling Obama is starting to show.

http://www.FastArizona.com/McCain.html

Posted by: McCain | September 19, 2008 10:34 AM | Report abuse

Let's see if W's speech this morning can best yesterday's 1.5 minutes.

Will Bush have a "I'D RATHER BE IN CRAWFORD" bumper sticker over the presidential seal today?

Posted by: Anonymous | September 19, 2008 10:34 AM | Report abuse

Is anyone keeping score on all of the McCain lies in his ads? If not go to factcheck.org and see for yourself.

WAKE UP PEOPLE!!! Can you really not see that McCain is treating us the exact same way Bush has for the past eight years. LIKE SHEEP!!! (Brownie your doing a heck of a job!!)

How can this man get away with posting these ads which are pure lies and false. I just love the "i approve this message" line. HA!!!

Posted by: Anonymous | September 19, 2008 10:33 AM | Report abuse

Palin backed Ron Paul?...and your mother sleep with the nazi's...LOL

Posted by: Robert | September 19, 2008 10:33 AM | Report abuse

Whatever respect I had for McCain is long gone. His campaign reminds me of sleazy style of campaign by Bush. It is clear republican party has gone to dogs and needs to be taught a lesson...

Posted by: Alok | September 19, 2008 10:33 AM | Report abuse

"Barack says McCain votes for Bush policy 90% of the time(a nonsensical conjecture for marketing)....."
Posted by: Edward | September 19, 2008 10:09 AM
--------------
Sorry, but that is a fact, not "nonsensical conjecture." Have you not seen the video of McSame saying that he voted with Bush over 90% of the time?!!

McSame is just another Bush.... he is just lying as much as he can get away with to distance himself from Bush, because he knows he will surely lose if voters recognize that he is infact a Bush clone.

Posted by: Dave | September 19, 2008 10:33 AM | Report abuse

Posted by: Guinness | September 19, 2008 10:33 AM | Report abuse

so ? who s advising John McCain? GWBush?Dick Cheney?
Thanks to both of them today after 8 years Wall street is bankrupted!

2 days ago according to McCain and the same day the market started crashing our economy had still strong fundamentals!That very same day McCain change is mind "government must help bailing out a bankrupted market!
So which way is it John?
you cant trust McCain!
The man running for Presidency does not even know whats really going on.......

Posted by: rob | September 19, 2008 10:33 AM | Report abuse

Eric, why are you so selfish? Wah, your preferred candidate isn't running.

Would you really go through 4 more years of the same - or worse - just to get your favorite candidate elected in 2012? Give McCain/Palin 4 years and the damage to this country may be so great that Hillary may not even stand a chance in 2012.

Posted by: soy | September 19, 2008 10:31 AM | Report abuse

PALIN BACKED RON PAUL? http://www.veeppeek.com

YESTERDAY MORE CAME OUT ABOUT SARAH PALINS ALLEDGED AFFIAR. http://www.hotpres.com

Posted by: Anonymous | September 19, 2008 10:30 AM | Report abuse

Hmm.. some Democrats may be even willing to BREAK THE LAW to smear their opponents.

http://www.knoxnews.com/news/2008/sep/18/tennessean-state-reps-son-contacted-palin-e-mail-p/

They should have hacked B.O.'s email account with messages to Ayers/Wright/Kilpatrick/Wright - that would have been a lot juicier I'm sure.

Posted by: Mike | September 19, 2008 10:30 AM | Report abuse

So you're saying your own newspaper's reporting is no good?

Posted by: Peter Lodge | September 19, 2008 10:30 AM | Report abuse

Eric,
Get over it. You seem to send the same message about electing Hillary in 2012. We do not have the luxury of allowing McPain to serve and ruin our country. Hillary Clinton served this country well during the eight years as the First Lady, and now as the Junior Senator of the Great State of New York.

We need to rid our country of the Republican virus. They are a disease to our social fabric. Palin stated her proximity to Russian provided her with foreign policy experience. Her husband Todd does not want to appear before the state investigator. Imagine, the state investigator asking us to appear, we would be so afraid. The rules do not apply to Rove, Mier, Chenney, and now Todd. This virus exposed the career of one of our CIA agents. These folks are not loyal american citizens. They do not want to pay their fair share of taxes, they want to pollute our air, waters, etc.

They are a bunch of greedy slimy, unpatriotic wealthy individualist.

Posted by: alfonso | September 19, 2008 10:30 AM | Report abuse

Desperate acts buy a desperate party hanging on by it's fingernails, and the ledge called Palin will soon crumble..

Why are they so interested in retaining the white house?

The chicken coop is fully looted.

Posted by: Anonymous | September 19, 2008 10:29 AM | Report abuse

The fundamentals of McCain's campaign are strong. Karl Rove, Phil Gramm, etc.. His message consistency is strong too, during the same day. He has sound experience in economics, just ask Charles Keating. We are just a bunch of whiners.

4 More years, McCain Third Term !!!

Posted by: Anonymous | September 19, 2008 10:28 AM | Report abuse

This is news? Obama throwing yet another associate under the bus is common place in Obama lama ding dong land!!!! The only question I have is "Exactly how damn big is that frigging bus?"

Afterall, virtually every smarmy person (and there are plenty) Obama has had any dealing with over any significant period of time in under there.

Posted by: Robert Campbell | September 19, 2008 10:27 AM | Report abuse

If the devil is the Father of lies, then John "baby arms" McCain is the Grandfather of all lies, and lil Sarah is his favorite liar.

Posted by: christopher | September 19, 2008 10:24 AM | Report abuse

Obama's camp spreads lies about racism.. Is he going to call McCain a racist like he did the Clintons?

http://blog.beliefnet.com/crunchycon/2008/09/obama-camp-pushes-racial-resen.html

Posted by: Yoshi | September 19, 2008 10:23 AM | Report abuse

Whats' the big deal? McCain sure flip-flopped from his initial stance against Bush's bailouts. I wonder if McCain is taking advice from Bush now. Curiously, at the same time McCain changed his opinion on the bailouts, so did Palin.
Sterling Greenwood
Aspen Free Press

Posted by: AspenFreePress | September 19, 2008 10:22 AM | Report abuse

****************************************
Here's Proof-
Note the date on this Politico piece by Ben Smith- OF COURSE OBAMA "NEVER HEARD OF" His Advisor Franklin Raines who took $90 Million out of Fannie Mae and ran it into the ground- I'm sure donating some to Obama- stay tuned!

******************************************
July 16, 2008
Categories: Barack Obama

Advice from Raines

An ill-timed -- for Obama -- profile of former Fannie Mae CEO Franklin Raines, forced out in an accounting mess a few years ago.

The Style Section piece reports that he's recently been taking "calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."

Hard to find anybody in the mortgage industry who's looking real great right now, but Fannie Mae's critics, in particular, seem to have been vindicated.


By Ben Smith 11:42 AM
******************

Rezko, Ayres, Raines....nice company Barack

Posted by: Scott | September 19, 2008 10:22 AM | Report abuse

Do You Know About This Scam?
***************************

Obama’s Global Tax Proposal Up for Senate Vote


Accuracy in Media Column | By Cliff Kincaid | February 12, 2008


A nice-sounding bill called the "Global Poverty Act," sponsored by Democratic presidential candidate and Senator Barack Obama, is up for a Senate vote on Thursday and could result in the imposition of a global tax on the United States. The bill, which has the support of many liberal religious groups, makes levels of U.S. foreign aid spending subservient to the dictates of the United Nations.

Senator Joe Biden, chairman of the Senate Foreign Relations Committee, has not endorsed either Senator Barack Obama or Hillary Clinton in the presidential race. But on Thursday, February 14, he is trying to rush Obama's "Global Poverty Act" (S.2433) through his committee. The legislation would commit the U.S. to spending 0.7 percent of gross national product on foreign aid, which amounts to a phenomenal 13-year total of $845 billion over and above what the U.S. already spends.

The bill, which is item number four on the committee's business meeting agenda, passed the House by a voice vote last year because most members didn't realize what was in it. Congressional sponsors have been careful not to calculate the amount of foreign aid spending that it would require. According to the website of the Senate Foreign Relations Committee, no hearings have been held on the Obama bill in that body.

A release from the Obama Senate office about the bill declares, "In 2000, the U.S. joined more than 180 countries at the United Nations Millennium Summit and vowed to reduce global poverty by 2015. We are halfway towards this deadline, and it is time the United States makes it a priority of our foreign policy to meet this goal and help those who are struggling day to day."

The legislation itself requires the President "to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day."

The bill defines the term "Millennium Development Goals" as the goals set out in the United Nations Millennium Declaration, General Assembly Resolution 55/2 (2000).

The U.N. says that "The commitment to provide 0.7% of gross national product (GNP) as official development assistance was first made 35 years ago in a General Assembly resolution, but it has been reaffirmed repeatedly over the years, including at the 2002 global Financing for Development conference in Monterrey, Mexico. However, in 2004, total aid from the industrialized countries totaled just $78.6 billion-or about 0.25% of their collective GNP."

In addition to seeking to eradicate poverty, that declaration commits nations to banning "small arms and light weapons" and ratifying a series of treaties, including the International Criminal Court Treaty, the Kyoto Protocol (global warming treaty), the Convention on Biological Diversity, the Convention on the Elimination of All Forms of Discrimination Against Women, and the Convention on the Rights of the Child.

The Millennium Declaration also affirms the U.N. as "the indispensable common house of the entire human family, through which we will seek to realize our universal aspirations for peace, cooperation and development."

Jeffrey Sachs, who runs the U.N.'s "Millennium Project," says that the U.N. plan to force the U.S. to pay 0.7 percent of GNP in increased foreign aid spending would add $65 billion a year to what the U.S. already spends. Over a 13-year period, from 2002, when the U.N.'s Financing for Development conference was held, to the target year of 2015, when the U.S. is expected to meet the "Millennium Development Goals," this amounts to $845 billion. And the only way to raise that kind of money, Sachs has written, is through a global tax, preferably on carbon-emitting fossil fuels.

Obama's bill has only six co-sponsors. They are Senators Maria Cantwell, Dianne Feinstein, Richard Lugar, Richard Durbin, Chuck Hagel and Robert Menendez. But it appears that Biden and Obama see passage of this bill as a way to highlight Democratic Party priorities in the Senate.

The House version (H.R. 1302), sponsored by Rep. Adam Smith (D-Wash.), had only 84 co-sponsors before it was suddenly brought up on the House floor last September 25 and was passed by voice vote. House Republicans were caught off-guard, unaware that the pro-U.N. measure committed the U.S. to spending hundreds of billions of dollars.

It appears the Senate version is being pushed not only by Biden and Obama, a member of the committee, but Lugar, the ranking Republican member. Lugar has worked with Obama in the past to promote more foreign aid for Russia, supposedly to stem nuclear proliferation, and has become Obama's mentor. Like Biden, Lugar is a globalist. They have both promoted passage of the U.N.'s Law of the Sea Treaty, for example.

The so-called "Lugar-Obama initiative" was modeled after the Nunn-Lugar program, also known as the Cooperative Threat Reduction (CTR) program, which was designed to eliminate weapons of mass destruction in the former Soviet Union. But one defense analyst, Rich Kelly, noted evidence that "CTR funds have eased the Russian military's budgetary woes, freeing resources for such initiatives as the war in Chechnya and defense modernization." He recommended that Congress "eliminate CTR funding so that it does not finance additional, perhaps more threatening, programs in the former Soviet Union." However, over $6 billion has already been spent on the program.

Another program modeled on Nunn-Lugar, the Initiatives for Proliferation Prevention (IPP), was recently exposed as having funded nuclear projects in Iran through Russia.

More foreign aid through passage of the Global Poverty Act was identified as one of the strategic goals of InterAction, the alliance of U.S-based international non-governmental organizations that lobbies for more foreign aid. The group is heavily financed by the U.S. Government, having received $1.4 million from taxpayers in fiscal year 2005 and $1.7 million in 2006. However, InterAction recently issued a report accusing the United States of "falling short on its commitment to rid the world of dire poverty by 2015 under the U.N. Millennium Development Goals..."

It's not clear what President Bush would do if the bill passes the Senate. The bill itself quotes Bush as declaring that "We fight against poverty because opportunity is a fundamental right to human dignity." Bush's former top aide, Michael J. Gerson, writes in his new book, Heroic Conservatism, that Bush should be remembered as the President who "sponsored the largest percentage increases in foreign assistance since the Marshall Plan..."

Even these increases, however, will not be enough to satisfy the requirements of the Obama bill. A global tax will clearly be necessary to force American taxpayers to provide the money.

Posted by: Scott | September 19, 2008 10:21 AM | Report abuse

In any event, Obama was the second largest recipient of campaign contributions from Fannie Mae and Freddie Mac in just four years in the Senate.

Posted by: Steve | September 19, 2008 10:21 AM | Report abuse

>Vote for Obama and you will EFFECTIVELY END Hillary's chance at EVER becoming President!!

So, that work's for me!

I've been keeping score. Every time Hillary does something semi-positive for Obama, it's always followed by something negative like a surrogate coming out against Obama usch as her majesty lady De Rothchild, (Please, she calling Obama elitist?) Bills flap, etc. It’s the old 1 step forward 2 steps back trick.

We wont be forget in 2012. I promise you.

Posted by: Laura | September 19, 2008 10:21 AM | Report abuse

It looks McCain is determined to play bad guy this time.

But it is good thing for Americans to know the root cause of this once life-time finance crisis although at the expense of credits of government and congress.

Once again McCain proves his standing for America rather than parties.

Americans need the true now more than ever so they can make the right chioce.


http://marcambinder.theatlantic.com/archives/2008/09/mccain_fannie_freddie_coddling.php

"
There are certainly plenty of places to point fingers, and it may be hard to pinpoint the original event that set it all in motion. But let me give you an educated guess. The financial crisis we're living through today started with the corruption and manipulation of our home mortgage system. At the center of the problem were the lobbyists, politicians, and bureaucrats who succeeded in persuading Congress and the administration to ignore the festering problems at Fannie Mae and Freddie Mac.

These quasi-public corporations lead our housing system down a path where quick profit was placed before sound finance. They institutionalized a system that rewarded forcing mortgages on people who couldn't afford them, while turning around and selling those bad mortgages to the banks that are now going bankrupt. Using money and influence, they prevented reforms that would have curbed their power and limited their ability to damage our economy. And now, as ever, the American taxpayers are left to pay the price for Washington's failure.
"

Posted by: jy2008 | September 19, 2008 10:19 AM | Report abuse

****************************************
Here's Proof-
Note the date on this Politico piece by Ben Smith- OF COURSE OBAMA "NEVER HEARD OF" His Advisor Franklin Raines who took $90 Million out of Fannie Mae and ran it into the ground- I'm sure donating some to Obama- stay tuned!

******************************************
July 16, 2008
Categories: Barack Obama

Advice from Raines

An ill-timed -- for Obama -- profile of former Fannie Mae CEO Franklin Raines, forced out in an accounting mess a few years ago.

The Style Section piece reports that he's recently been taking "calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."

Hard to find anybody in the mortgage industry who's looking real great right now, but Fannie Mae's critics, in particular, seem to have been vindicated.


By Ben Smith 11:42 AM
******************

Rezko, Ayres, Raines....nice company Barack

Posted by: Scott | September 19, 2008 10:18 AM | Report abuse

Sorry, but the WORLD and all the people whom Barack shared free Brats/Beer and concerts with, aren't Americans and WON'T be electing our next President.

B.O. is a master Promiser and Panderer... this type of behavior is going to bite him, sooner or later. Better to not have it happen in the Oval Office.

Barack Obama = Rezko/Wright/Ayers/Kilpatrick/???

Ripping off the poor, dam*ing America, creating Anarchy, endorsing (alleged) murderous crooks, and who knows what else?

B.O. has a character problem, and it will prevent him from becoming President.

John McCain on the other hand has a proven LIFETIME of service to America.

Go McCain / Palin 2008!
Hillary 2012!! Bring it!

Posted by: Thor | September 19, 2008 10:18 AM | Report abuse

McCain calling out Obama for questionable advisers and lacking knowledge on the economy...

That's rich.

McCain has flip-flopped and contradicted himself so many times, at this point there's a sound-bite to support or deny any angle of any subject.

Except: McCain, why doesn't your running mate think the law applies to her? Should we expect more of this from your administration?

Posted by: Turn that mirror inward | September 19, 2008 10:16 AM | Report abuse

Did everyone somehow miss the fact that Raines is black? To me this is a remarkable effort to paint African Americans using the traditional tools of anti-semitism.

Posted by: Rob G. | September 19, 2008 10:16 AM | Report abuse

One thing that the McCain doesn't get, as they follow the Bush strategy of 'lie, without remorse,' is that, eventually, their credibility will be irreversibly destroyed.

Add this to another in a long line of McCain lies.

They are lies that McCain runs on, because he is too ashamed to admit that he is a Republican and has been the most fervent supporter of Bush for the past 8 years.

CNN had a good feature recently on the lies of McCain-Palin.

If you missed it, I have the clip.

http://scootmandubious.blogspot.com/2008/09/calling-out-mccainpalin-on-their-lies.html

Posted by: scootmandubious | September 19, 2008 10:14 AM | Report abuse

He who controls the past controls the future.

Obama very well understands this little piece of Orwellian logic by denying past associations with Raines that are well documented. Next, He will deny that Jim Johnson -- another Fannie Mae fraudster -- ever worked for His campaign.

doubleplusgood.

Posted by: info | September 19, 2008 10:14 AM | Report abuse

I'll McLie when I want to. It's my birthday, and I'll McLie if I want to.

Posted by: I'm Lying McCain | September 19, 2008 10:14 AM | Report abuse

"Say Anything McCain" - that's perfect!

The Doubletalk Express has left the station.

Posted by: Sam | September 19, 2008 10:14 AM | Report abuse

Vote for Obama and you will EFFECTIVELY END Hillary's chance at EVER becoming President!!

Obama has already destroyed Hillary's chances for this time around. He couldn't even do her the honor of making her VP. Don't let him end her Presidential prospects forever.

Consider this:
If you elect Obama for 2008 , Hillary CAN'T RUN IN 2012!! The incumbent always runs for their party in reelection. This means Barack Obama, if President, will automatically be the Democratic nominee in 2012.

Hillary would then be 69 YRS OLD when she would get her next chance to run as President in 2016. Then people would simply call her too old(like they do McCain who is 72) and she would NEVER get a chance to become President.

Reagan was 69 when he got elected BUT he wasn't trying to break the glass ceiling at the same time.

So if you care at all about Hillary, you will VOTE AGAINST Obama this time around. Plus, you will break the glass ceiling and Hillary WILL
BE THERE in 2012!!

Think about it!! It makes sense!!

If you support Hillary, YOU MUST VOTE AGAINST OBAMA!!!

Posted by: Eric | September 19, 2008 10:13 AM | Report abuse

John McCain is a sell-out and exposed he is just a typical Republican politician by picking Palin. He picked her to appease his base, poach Hillary votes and stoke a culture divide. Even Britain and Europe know Obama is the better candidate.

The only people who don’t get it are the brainwashed right-wing puppets who think that just because someone has a speech draw and likes to fish that somehow makes politicians just like them or the best candidate to run the government. I like Tina Fey too, that doesn’t mean she should run the country. Are we really this foolish? Palin wasn’t the best or most qualified, it’s because mcCain knew she would be a draw to small town America whom they are duping (Sara Palin ain’t like you, folks).

How is this being a "maverick"? How is it ‘Country First”? How is this “I rather win a war than loose an election”? I’ll say it again, John McCain is a sell-out. Obama said it pretty accurately too - Lipstick on a pig, is still a pig.

The most important metric for picking a VP is they are ready to step in from day one. His judgment is reckless and he gambled at our expense. The mere fact Palin is being educated on foreign policy and is avoiding the press indicates she wasn’t prepared on day one. She is running for the second highest office, but can’t answer questions from the press or public? This doesn’t alarm anyone?

I lost all my respect for John McCain. He's not the hero today he was 35 years ago. McCain is nothing without Palin and he'll say anything to get elected.

What does it say about a campaign that has to "mimic" what and whom Obama is, not to mention hijack Obamas core message of Change from day one just to poach votes? Is that all they view Obama as, a "product" a "formula", a “personality”? It makes McCain look weak and more importantly, the American people stupid if they fall for it.

Now all these puppets are willing to just get behind her without even knowing anything about her and try to convince the American public she is prepared to be VP or President? Not even uncertain objectiveness, caution, pause or question just because she has an "R" in front of her name? How can anyone make a honest, clear determination reasonably in less than 50 days.

Bravo America! We look like complete idiots once again while the world watches. I am truly embarrassed of my country. I guess all isn’t lost, at least many will have Palin’s eye glass frames while our country crumbles economically. We are such tools.

If Palin/McCain win I'm leaving this country. I’m not paying for a war that should have never happened or failed Bush policies any more than I already have.

British Prime Minister Backs Obama
http://waugh.standard.co.uk/2008/09/brown-backs-oba.htm

World wants Obama
http://www.abc.net.au/news/stories/2008/09/09/2360240.htm?section=world

Posted by: Laura | September 19, 2008 10:11 AM | Report abuse

McCain is NOT Bush! Does he vote republican? Yes, but less than the average Republican.. Enough to cause a tie-breaker on some bills. He's different on taxes and the environment mostly.

Barack says McCain votes for Bush policy 90% of the time(a nonsensical conjecture for marketing), but using the same broken calculation, Barack himself then votes for his own party 97% of the time. Who is more of the same? This is a bad comparison anyways.

Look at the article from this research SCIENTIST here to see what it's all about:
http://www.philly.com/inquirer/opinion/McCain_a_Bush_clone_These_numbers_dispute_that.html

Posted by: Edward | September 19, 2008 10:09 AM | Report abuse

"Say Anything McCain" is at it again. What is he today? A Populist? a Conservative? A Democrat? A Maverick? One day he's against something, the next day for it.

What does this guys stand for except appeasing everyone to get elected.

John McCain is a sell-out.

Posted by: Laura | September 19, 2008 10:07 AM | Report abuse

Republicans might as well blame Bill Clinton for this mess...wait they're doing that already.

Posted by: Mac | September 19, 2008 10:07 AM | Report abuse

Five of America's dumbest people will be fooled by this ad, and that's about it.

Posted by: Chris | September 19, 2008 10:05 AM | Report abuse

Frank Raines is a thousand times better than Phil "Americans are whiners, let's deregulate" Gramm...the guy responsible for this mess in the first place.

Posted by: playa | September 19, 2008 10:04 AM | Report abuse

Obama and his ilk should pay up for the housing sector collapse which has triggered the whole financial sector crisis.

Posted by: Anonymous | September 19, 2008 10:00 AM | Report abuse

Dem politician's son suspected of hacking Palin's e-mail-- read more in my blog:

http://www.mccain08-hillary2012.blogspot.com/

Posted by: Anonymous | September 19, 2008 9:59 AM | Report abuse

McCain is desperate - throwing dirt to see if he gets elected;

i think his motto is elect me first then country and integrity

Posted by: jesus | September 19, 2008 9:57 AM | Report abuse

Let's not forget, also, that Franklin Raines has been gone from Fannie Mae for four years. Indeed, Fannie Mae went down the tubes under Daniel Mudd and Beth Wilkerson, wife of the illustrious David Gregory.

Posted by: Mary | September 19, 2008 9:57 AM | Report abuse

Politco reported on July 16th that Raines had stated he was advising Obama on mortgage and housing issues.

Then we have James Johnson, another former CEO of Fannie, being placed in-charge of Obama's search for a vice presidential candidate.

Also it is not disputed that Obama has received the second largest amounts in campaign contributions from individuals connected with Fannie and Freddie and that was only in four years.

It took Senator Chris Dodd (D-Conn) twenty years to be the largest beneficiary of campaign contributions from Fannie and Freddie.

I would have to say that Senator Obama needs to explain his relationship with these firms.

Posted by: Mike H | September 19, 2008 9:41 AM | Report abuse

obama has raines as an advisor, and you want to claim he wasn't a "close advisor"

just like wright wasn't his minister?

geez,stop sucking up to Obama

Posted by: Anonymous | September 19, 2008 9:39 AM | Report abuse

PALIN BACKED RON PAUL? http://www.veeppeek.com

YESTERDAY MORE CAME OUT ABOUT SARAH PALINS ALLEDGED AFFIAR. http://www.hotpres.com

Posted by: Anonymous | September 19, 2008 9:35 AM | Report abuse

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