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McCain: Fundamentals of Economy are 'Strong' but 'Threatened'

Updated 4:39 p.m.
By Robert Barnes and Michael D. Shear
JACKSONVILLE, Fla. -- Sen. John McCain struggled Monday for a consistent economic message in the face of the weekend's Wall Street meltdown, saying first that the "fundamentals of our economy are strong" and then abruptly shifting to say the fundamentals are "at great risk."

At a morning rally in Jacksonville, McCain noted what he called "tremendous turmoil in our financial markets and Wall Street,'' but continued to say he believes the economy is sound -- a line from his stump speech for which Democrats have mocked him.

"Our economy, I think, is still -- the fundamentals of our economy are strong, but these are very, very difficult times,'' McCain said. "I promise you, we will never put America in this position again. We will clean up Wall Street."

Sen. Barack Obama seized on McCain's assessment of the health of the economy, blasting the Republican for being "disturbingly out of touch" with the reality that everyday Americans face.

"I just think he doesn't know," Obama said in Grand Junction, Colo. "He doesn't get what's happening between the mountain in Sedona where he lives and the corridors of Washington where he works.... Why else would he say, today, of all days -- just a few hours ago -- that the fundamentals of the economy are still strong? Senator -- what economy are you talking about?"

By the afternoon, McCain had altered his message. Speaking before a town hall meeting with a Hispanic organization in Orlando, McCain sought to explain that his earlier comments had been intended as praise for the resilience of American workers.

"And my opponents may disagree, but those fundamentals -- the American worker and their innovation, their entrepreneurship, the small business, those are the fundamentals of America, and I think they're strong," he said in Orlando.

But a few moments later, he described the country's current financial situation as "a crisis" and repeatedly said he was concerned about the fundamentals of the economy.

"I know Americans are hurting,'' McCain said. "The fundamentals of our economy are at risk.... And those fundamentals are threatened, they are threatened and at risk because some on Wall Street have treated Wall Street like a casino.''

He repeated that message several times, each time sounding more worried and less reassuring.

"Our economy is at risk today, have no doubt how serious this problem is,'' McCain said. "We've got to fix this economy, which the fundamentals of are at great risk right now.... I want to promise you that it's my highest priority. "

In separate appearances, McCain and his running mate, Alaska Gov. Sarah Palin, both assailed a corporate culture on Wall Street that they promised to change if elected. They condemned payouts to the CEOs of financial institutions which are now failing.

"We've seen self-interest, greed, irresponsibility, and corruption undermine these hardworking American people," McCain said in Orlando as he campaigned with former Rep. Jack Kemp, Florida Gov. Charlie Crist, former Florida Gov. Jeb Bush and others.

"We're going to reform the way that Wall Street does business and put an end to the greed that has driven our markets into chaos," he said. We'll stop multimillion-dollar payouts to CEOs that have broken the public trust."

Palin, holding a solo rally in Golden, Colo., vowed that "John McCain and I are going to put an end to the mismanagement and abuses in Washington and on Wall Street."

Obama took up the same theme. He called the economic news "the most serious financial crisis since the Great Depression" and attempted to link the failures of the institutions to Bush policies that McCain supported.

"I certainly don't fault Senator McCain for these problems," Obama said. "But I do fault the economic philosophy he subscribes to. It's the same philosophy we've had for the last eight years -- one that says we should give more and more to those with the most and hope that
prosperity trickles down to everyone else."

Obama also lashed out at CEO salaries, releasing a letter in which he had urged regulators to block golden parachutes for Fannie Mae and Freddie Mac executives.

"Last week, while John McCain praised the plan to rescue Fannie and Freddie without raising any concerns about a golden parachute for their CEOs, I urged Secretary Paulson and Director Lockhart to reject these multimillion dollar bonuses," Obama said. "And I am glad these bonuses will not come to pass."

McCain also released a new television ad, titled "Crisis," which argues that McCain and his running mate, Alaska Gov. Sarah Palin, will clean up Wall Street and impose "tougher rules" without "special interest giveaways."

"Our economy in crisis," the ad says. "Only proven reformers John McCain and Sarah Palin can fix it....Leadership, experience for the change we need."

McCain officials continued to press their case that Obama would raise taxes, a move they said would worsen the financial crisis and threaten the pocketbooks of middle-class taxpayers (Obama's plan does not raise taxes on households earning less than $250,000 a year.)

"Today's economic news is a reminder of how out-of-touch Obama's plans to raise taxes are." said Republican National Committee spokesman Alex Conant. "With Americans' jobs and savings in jeopardy, this is no time to raise taxes like Obama proposes."

In Jacksonville, McCain said that "We believe that the time had come and gone that the taxpayers should be viewed as the solution to the problems that are not of their making.''

He called for an "environment'' of "robust energy supplies, lower inflation, control health care costs, access international markets'' and reducing the "burden" of government.

Without specifics, he said "The McCain-Palin administration will be replacing the outdated patchwork quilt of regulatory oversight and bring transparency and accountability to Wall Street.''

Damien LaVera, a spokesman for the Democratic National Committee, accused McCain of repeating "widely debunked lies about Barack Obama's record on tax cuts and his false claim to have never requested a single earmark or pork project for the state of Arizona."

Posted at 12:00 PM ET on Sep 15, 2008  | Category:  Barack Obama
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I'm a fundamental, you're a fundamental, she's a fundamental, he's a fundamental.

Wouldn't you like to be a fundamental too?

Palin / McCAin '08

Posted by: We're All Fundamentals | September 21, 2008 4:55 PM

Let me get this straight...in the face of bank failures, the mortgage crisis, increasing unemployment, accelerating inflation, and federal bailouts of massive insurance conglomerates, to say our economy is in deep trouble is fear-mongering and will undermine our country's stability...Yet, to announce that we'll be at war in Iraq (and most likely Iran) and Afghanistan for another 100 years, on the basis that our country isn't safe if we don't KILL, baby, KILL -- that's patriotism and great leadership?

Good to know. Thanks for clearing that up.

Posted by: Liz | September 18, 2008 1:46 PM

The truth is: McCain does not have a clue. He just doesn't know how the economy works. And Palin knows even less.
Look... we've had 8 years of a president who does not understand the complexities of the interconnected global economy. We are, today, beginning to see the results. I say, "beginning", because things could get A LOT worse if the wrong moves are made.
Today's complicated world demands a highly intelligent and in-touch leader. For all his faults and character defects, Bill Clinton's high-intelligence served us very well throughout the '90's.
Obama is the smartest of the smart, having been elected the president of the Harvard Law Review. It is revealed in his speeches, Obama has a clear grasp of today’s realities. He even incurs political risk when he talks with reason and moderation and does not sound like Teddy Roosevelt incarnate. Teddy served us well… IN 1900! It is now, 2008.
McCain graduated 5th from the bottom of his class at Annapolis. And he BRAGS about it.
A McCain Administration really would be like a third term for George W. We cannot afford this – if we wish to remain a superpower.
Please take note of McCain’s doddering confusion these last couple of days when he talks about the economy. He tries to mask it, but he is clueless. Like I said, Palin is even more in the dark.
Obama may not have ALL the answers – no one does – but he does have the high intelligence to understand the deep complexities of today’s globalized, interconnected world.

Posted by: Anonymous | September 17, 2008 12:38 PM

Where is the similarities between McCain and Bush more conspicuous than in their remarks concerning the " fundamentals of our economy"? Where are the video blogs and footage as if it were the same person saying that " our economy is fundamentally sound and in good shape"? This would seem to be an excellent opportunity to prove once and for all that they are connected at the hip.

Just a thought,

Gary

Posted by: Missed Opportunity | September 17, 2008 11:55 AM

IN MORE OF THE SAME JUSTICE BLOCKING MOVES FROM THE BUSH PLAYBOOK BEING INHERITED BY MCSAME:

Alaska's investigation into whether Gov. Sarah Palin abused her power, a potentially damaging distraction for John McCain's presidential campaign, ran into intensified resistance Tuesday when the attorney general said state employees would refuse to honor subpoenas in the case.

In a letter to state Sen. Hollis French, the Democrat overseeing the investigation, Republican Attorney General Talis Colberg asked that the subpoenas be withdrawn. He also said the employees would refuse to appear unless either the full state Senate or the entire Legislature votes to compel their testimony.

Colberg, who was appointed by Palin, said the employees are caught between their respect for the Legislature and their loyalty to the governor, who initially agreed to cooperate with the inquiry but has increasingly opposed it since McCain chose her as his running mate.

IT IS A SUBPOENA. IF YOU OR I IGNORED IT WE WOULD BE IN JAIL. THESE PEOPLE SHOULD BE JAILED AS WELL. THEIR SILENCE SPEAKS VOLUMES ABOUT THE MILF PALIN.

Posted by: craiggger | September 17, 2008 1:00 AM

McSayAnything claims he will reform Wall Street by removing government burdens on business. How do you reform by removing rules and regulations?

I'm sure we will hear a wonderful McCain supporter theory, probably accompanied by some name calling, that will not explain anything about this apparent contradiction. Remember that when they do, this explains why they support McCain. He is one big contradiction. He is constantly contradicting himself.

Now, THAT is a maverick.

Posted by: Tom | September 17, 2008 12:20 AM

The economy was sound before it was at risk. McCain embodies change (or at least his campaign and his views do).


Posted by: Tom | September 17, 2008 12:09 AM

The receptivity of the great masses is very limited, their intelligence is small, but their power of forgetting is enormous. In consequence of these facts, all effective propaganda must be limited to a very few points and must harp on these in sloGans until the last member of the public understands what you want him to understand by your slogan.

As soon as you sacrifice this slogan and try to be many-sided, the effect will piddle away, for the crowd can neither digest nor retain the material offered. In this way the result is weakened and in the end entirely cancelled out.

FULL TEXT OF THE BUSH/MCCANE/KARL ROVE PLAYBOOK FOR SPREADING LIES AGAINST OBAMA AT: http://www.crusader.net/texts/mk/mkv1ch06.html

Posted by: craiggger | September 17, 2008 12:08 AM

(2) All course material and instruction in classes that teach sex education and discuss sexual activity or behavior shall be age and developmentally appropriate.

Posted by: craiggger | September 16, 2008 11:56 PM

The queston is: DID YOU READ THE TEXT OF THE ILLINOIS LEGISLATION?
(105 ILCS 5/27‑9.1) (from Ch. 122, par. 27‑9.1)
Sec. 27‑9.1. Sex Education.
(a) No pupil shall be required to take or participate in any class or course in comprehensive sex education if his parent or guardian submits written objection thereto, and refusal to take or participate in such course or program shall not be reason for suspension or expulsion of such pupil. Each class or course in comprehensive sex education offered in any of grades 6 through 12 shall include instruction on the prevention, transmission and spread of AIDS. Nothing in this Section prohibits instruction in sanitation, hygiene or traditional courses in biology.
(b) All public elementary, junior high, and senior high school classes that teach sex education and discuss sexual intercourse shall emphasize that abstinence is the expected norm in that abstinence from sexual intercourse is the only protection that is 100% effective against unwanted teenage pregnancy, sexually transmitted diseases, and acquired immune deficiency syndrome (AIDS) when transmitted sexually.
(c) All sex education courses that discuss sexual intercourse shall satisfy the following criteria:
(1) Course material and instruction shall be age
appropriate.

(2) Course material and instruction shall teach
honor and respect for monogamous heterosexual marriage.

(3) Course material and instruction shall stress
that pupils should abstain from sexual intercourse until they are ready for marriage.

(4) Course material and instruction shall include a
discussion of the possible emotional and psychological consequences of preadolescent and adolescent sexual intercourse outside of marriage and the consequences of unwanted adolescent pregnancy.

SO, WHAT THE HELL ARE YOU OBJECTING TO?

Posted by: craiggger | September 16, 2008 11:52 PM

Posted by: Anonymous | September 16, 2008 11:35 PM

Yes Obama DID support sex ed for kindergartners. Read the bleeping bill and stop listening to Kos. Lines 13-17.

http://www.ilga.gov/legislation/BillStatus.asp?DocNum=0099&GAID=3&DocTypeID=SB&LegID=734&SessionID=3&SpecSess=&Session=&GA=93

Posted by: To majorteddy | September 16, 2008 11:34 PM

First the MILF from Alaska as a running mate and now his pronouncement that the economy is not going to hell in a handbasket. You can just hear the plaque rattling around in his cranium.

Posted by: Anonymous | September 16, 2008 10:40 PM

I should have said: the previous commenter.

Posted by: *cfair01 | September 16, 2008 10:30 PM

I agree with the very first commenter (jcharlotte). McCain either has senile dementia, alzheimers or is just plain ignorant. But what scares me the most is how many people are going to vote for him and his barbie doll, Palin! What's their excuse?

Posted by: *cfair01 | September 16, 2008 10:26 PM

Perhaps this is not a problem whereas this personality is lying; but maybe we have missed something here. The human brain ages so that the synapses misfire. The cells die. We may indeed be seeing right before our eyes the outset of a confused man not being able to express himself properly inserting obsurdities in his speech which is inidicative of senile dementia.

Posted by: jcharlotte | September 16, 2008 9:54 PM

FORMER TEXAS GOVERNOR ANN RICHARD’S POOR GEORGE SPEECH AT THE 1988 DEMOCRATIC CONVENTION:

This speech can directly apply to John McCain about the state of the present U.S. Economy.

At the middle of his primary campaign, when it came to America’s staggering Economy John McCain didn’t get it. He said that he did not understand the Country’s Economy.

When asked about how many houses he owned, he could not even remember, Poor John, he just doesn’t get it.

His economic Advisor said that America is just full of whiners when it comes to these economic heard times, Poor John, he just doesn’t get it.

Yesterday in the wake of the worst economic trend in recent times, John McCain said that America’s Economy is fundamentally strong, but Poor John, he still cant get it.


Posted by: MONICA | September 16, 2008 8:40 PM

FORMER TEXAS GOVERNOR ANN RICHARD’S POOR GEORGE SPEECH AT THE 1988 DEMOCRATIC CONVENTION:

This speech can directly apply to John McCain about the state of the present U.S. Economy.

At the middle of his primary campaign, when it came to America’s staggering Economy John McCain didn’t get it. He said that he did not understand the Country’s Economy.

When asked about how many houses he owned, he could not even remember, Poor John, he just doesn’t get it.

His economic Advisor said that America is just full of whiners when it comes to these economic heard times, Poor John, he just doesn’t get it.

Yesterday in the wake of the worst economic trend in recent times, John McCain said that America’s Economy is fundamentally strong, but Poor John, he still can't get it.


Posted by: MONICA | September 16, 2008 8:40 PM

One day he says our economy is fundamentally strong.

The next day he says our economy is in "crisis" and the fundamentals are at risk.

My gosh - I am the same age as McCain and even I can see from the past few months that our economy is NOT fundamentally strong!

84,000 unemployed last month, huge financial and insurance companies looking for bail-outs or infusions of money from anywhere and everywhere, more homes in foreclosures, Ike and even more billions needed for clean up and rebuilding on top of the not-finished work after Katrina, the infrastructure needing repair or replacement, military stretched to the maximum, largest deficit in history. What should that tell a rational, thinking person?

Posted by: AZrebel | September 16, 2008 8:13 PM

McCain is proving to be dud. He has no clue of what the fundamentals of an economy are. He admits to barely being a C- student when he attended the Academy.

The fundamentals of the economy refer to basic economic stats like inflation, productivity, total debt to GDP ratio, etc. These fundamentals now show the country is in a recession.

Posted by: theword | September 16, 2008 7:18 PM

McSame is an idiot. "Reduce the burden of government" - right. Lack of oversight and regulation is a prime cause of the financial mess we are in now. We need four more years of "cowboy capitalism" like we need another Iraq war. The neocon republicans have wrecked this country and we sure don't need to let them keep doing it.

Posted by: Pearl77 | September 16, 2008 4:06 PM

It's ridiculous to say that Obama's pointing out that the economy is failing is going to cause the lack of consumer and world investor confidence. I think that the take over of Fannie Mae and Sallie Mae and the now public failings of FOUR investment banks over the course a week is giving people a bit of a clue, no?

If I made more than 250K I'd be fine with getting taxed at a disproportionate rate because I know what it's like to be a have-not. I don't need that much money to live. Especially if I earned it by throwing a ball of some sort into a goal or chatting with clients on the golf course - or the number one factor that determines the economic success of an individual - inheritance. If by being taxed I'm buying into a broken system wouldn't that give me more of an incentive (especially since I have the means) to make it better? Nobody needs a billion dollars to live.

Sarah Palin doesn't give a damn about you. You can tell from the smug smile. Anyone who is doing what she is doing, keeping up this charade in the most important election of our time, obviously has no scruples and zero loyalty towards the well being of our people or our country. Her only loyalty is to her religious opinion and power hungry fantasies. She loves talking about war, craves it. If the other side doesn't start pointing out how having a religious fundamentalist in office will spell doom for our melting pot society I'm going to lose it. At this point I don't even care what Obama can or cannot do. Anything is better than having these shameless liars, who pray on the fearful and informed with such glee, running our country. Again.

Posted by: emotefully | September 16, 2008 2:47 PM

It's ridiculous to say that Obama's pointing out that the economy is failing is going to cause the lack of consumer and world investor confidence. I think that the take over of Fannie Mae and Sallie Mae and the now public failings of FOUR investment banks over the course a week is giving people a bit of a clue, no?

Posted by: emotefully | September 16, 2008 2:47 PM

Aside from the oil industry at one end of the profit scale and the financial insustry at the other end, our GNP growth this year is about 3%. That would show a solid base for Senator McCain's comments about the fundamentals of our economy.

Posted by: Bill | September 16, 2008 2:41 PM

The truth is: McCain does not have a clue. He just doesn't know how the economy works. And Palin knows even less.

Look... we've had 8 years of a president who does not understand the complexities of the interconnected global economy. We are, today, beginning to see the results. I say, "beginning", because things could get A LOT worse if the wrong moves are made.

Today's complicated world demands a highly intelligent and in-touch leader. For all his faults and character defects, Bill Clinton's high-intelligence served us very well throughout the '90's.

Obama is the smartest of the smart, having been elected the president of the Harvard Law Review. It is revealed in his speeches, Obama had a clear grasp of today’s realities. He even incurs political risk when he talks with reason and does not sound like Teddy Roosevelt incarnate. Teddy served us well… IN 1900! It is now, 2008.

McCain graduated 5th from the bottom of his class at Annapolis. And he BRAGS about it.

A McCain Administration really would be like a third term for George W. We cannot afford this – if we wish to remain a superpower.

Please take note of McCain’s doddering confusion these last couple of days when he talks about the economy. He tries to mask it, but he is clueless. Like I said, Palin is even more in the dark.

Obama may not have ALL the answers – no one does – but he does have the high intelligence to understand the deep complexities of today’s globalized, interconnected world.


Posted by: AdrickHenry | September 16, 2008 2:35 PM

I’m having a hell of a time grasping this link between CEO bonuses to the ailing fundamentals of our economy. Apparently McCain-Palin know how slapping CEOs on the hand for being too greedy is going to help all the American families that are struggling to keep a roof over their heads! I sure don’t see it; it seems like they are trying to connect two dots that are in the middle of two completely different dot-to-dot pictures!

Posted by: Elizabeth Ann | September 16, 2008 2:28 PM

Hmm, the fundamentals of the economy are strong. Interesting idea that. Are they really or is John McCain living in the world of the 1950s when the U.S. was a manufacturing industrial giant in the World Market, or is he living in the current world of the 21st Century where the U.S. has become basically a service sector economy with all the problems that entails. Yes at one time we made things, we added value sold them domestically and exported goods. Today, we are a nation of assemblers. Raw materials are made into high tech components overseas with the value already added and we pay the price for it, then we put the components together and hopefully make a buck on the assembled product. By the way, this is done with temporary and part-time help, in order to insure that there is no long term job security (just in case you wanted to ask for a raise).

Yes, John, your era of the the 1940s and 1950s could have weathered this crisis, but I have my doubts about far too many people on Wall Street who leech off others investments to turn a buck. We have a society now that makes money by passing paper not products. We have become a paper economy, not a product economy.

Posted by: RedRat | September 16, 2008 1:36 PM

Its the economy stupid!

Posted by: Ayoola Oke | September 16, 2008 1:28 PM

How in Gods name can anyone vote for or even be in the Republican Party after this last eight years of absolute destruction of this country by this Republican administration. Almost without exception every Govt Dept is in a shambles Because of cronyisn. And the Democrats ain't much better. "Greed' is the Republican Battle cry.

Posted by: old grunt | September 16, 2008 1:09 PM

Comments like this are so true! I have seen this many times, even when they are fired for poor performance.

Roesoe2k1 wrote:
"Apparently, Senator McCain and Gov Palin have never heard of employment contracts or they would not be rattling on about stopping CEO golden parachutes. CEOs cover their exits very well."

The Republicans continue to treat the people as if they are all stupid. Their retoric and the Palin choice are examples of this.
Vote Democrat and get these self centered, self-indulged, incompassionate Republicans out of office. Have we not all had enough of their policies!!! Have will all not had enough of talking about abortion and gay marriage as our country crumbles around us!!!

Posted by: Dave L. | September 16, 2008 12:50 PM

McCain said. "We've got to fix this economy, which the fundamentals of are at great risk right now.... I want to promise you that it's my highest priority. " McCain's highest priority is promoting the deicetful Sarah Palin. OBAMA/BIDEN 2008

Posted by: PUREDEMO | September 16, 2008 12:30 PM

What is wrong with McCain and those that support him! The economy for the average American (95% percent of us) is terrible! Your 401k plans? you know, the plan that allows your employer to put away large sums of money tax free as long as he throws a little bone your way, are becoming worthless. Forget the standard anaswer, Don't worry, your in it for the long haul. Yea right! By the time it gets back to where it was, the rate of inflation will make it worthless! The cost of living is over the top because the people at the top don't want to make less. Come on people! The tax breaks that they give the wealthy may trickle down to you when some fat cat leaves you an extra dollar in your tip while you struggle as a waiter. That should secure your future! The federal programs that are cut to fund state and manicipalities to afford tax breaks for the wealthy come back to you as increases in your state, city, and county property taxes. They still need to operate and have to get the money from somewhere. This is how the current economic policies really impact the people! The policies that McCain is pushing are old and flawed!
Vote Obama and put the Republicans out of their misery!

Posted by: Dave L. | September 16, 2008 12:16 PM

Yep, what we need is, another four years of ''McNOMICS'', aka, 'FREE-TRADE', NO Govt REGULATION / OVERSIGHT, 'TRICKLE DOWN' NAFTA kind of policies, to run us deep into the ground, if DUBYA doesn't do so by the end of his term - -

Don't WHINE Repugnants, YOUR man, PHIL GRAMM said so and he led the deregulation of the banking sector that led to the current crisis.

GOOD LORD JESUS, How much more CRAP can we take form these Repugnants, in one election cycle ?? PLEASE HAVE MERCY ON US !!!!!!

McHoover it is Over !!

Posted by: Anonymous | September 16, 2008 12:08 PM

OBAMA'S FEAR MONGERING TALK HURTS US

A real leader doesn't exaggerate and scream "the sky is falling" and "we're all doomed" when we are in the midst of an unfolding financial crisis where containment of the fallout of bank failures requires limiting the loss of public confidence in the system.

Obama's a damned fool who would rather win an election than help calm public fear to help our economy avoid a panic-driven meltdown of the financial system. All the real leaders were out yesterday making reassuring noises, which were true, by the way. Except Obama. Obama would rather go around hyping the fear and exaggerating the systemic seriousness of the problem. Only Obama was out yesterday shrilling fearful gloom-and-doom statements (that were exaggerations) hoping to capitalize on the Lehman bankruptcy to beat the bushes to drive up an economic-fear vote.

Is there any further proof needed as to whom is a leader and whom is a shrill, self-promoting political animal? McCain was not only saying necessary calming things, but the things he was saying were in fact true. Yesterday afternoon, Bloomberg came out and agreed with McCain's statement that the fundamentals of our economy are strong, and so have others.

Only the media, which has by now sold their souls to the journalism devil to support Obama, would help Obama hype the fear and uncertainty in the middle of a banking crises, the damned to hell fools that they are. The media has sunk below the level of divorce lawyer in being the scumbag, unethical professionals this election year. I hope their efforts to hype economic fear and insecurity to help their shallow, self-serving, narcissistic candidate gets exposed as being both factually incorrect and cynical politics, before Obama's the-sky-is-falling gets out of hand and helps spread any undue panic.

Posted by: AsperGirl | September 16, 2008 11:46 AM

Do I hear the ghost of Herbert Hoover giving this speech?

Frightening!!!

Posted by: cg in Whittier | September 16, 2008 11:06 AM

McCain is stuck on STUPID..Period..I wont waste my time writing a lot of yatta yatta yatta

Posted by: Anyone but McBush | September 16, 2008 11:06 AM

Sound bytes! McCain said the FUNDAMENTALS: that of American workers, entrepreneurs, small business--

Keep it as POSITIVE as possible dummies! Otherwise we all RUN IN PANIC. That's what the government and leaders need to do! Obama says RUN! RUN! LOOT! DESTROY! PANIC!

anyone studying economices knows you need to take the licks, and keep on ticking!

DEMOCRATS CONTROL THE PURSE! Congress sets the budget and tax rates. Congress is to blame for lack of oversight. Budget committees, banking commission, etc! CONGRESS BLEW IT!

Posted by: Democratic Congress Controls Purse | September 16, 2008 10:59 AM

Apparently, Senator McCain and Gov Palin have never heard of employment contracts or they would not be rattling on about stopping CEO golden parachutes. CEOs cover their exits very well.

Posted by: Roscoe2k1 | September 16, 2008 10:41 AM

McCain is the biggest flip flop EVER. He's anti-regulation, pro deregulation back in March and now speaks of how we must have regulation overseeing our financial institutions. And yesterday claims that the fundamentals of the economy are "strong". What is this guy smoking? I'd like to know because I'd like some.

Posted by: Gregg | September 16, 2008 10:25 AM

How about some equal coverage? Joe Biden gave the best speech I have seen on the campaign trail in Michigan yesterday which hit the nail on the head of our problems. Yet, you have no coverage of it here!

Posted by: John Nauright | September 16, 2008 10:06 AM

Obama did NOT propose sex education for kindergartners. He proposed legislation that would help educate them to be be aware of people who are potential sexual predators, the antithesis of what MCCain was saying.

Posted by: majorteddy | September 16, 2008 10:03 AM

This McCain is a biggre dope than the dope we have in there now , and Palin is a bigger dope than that.This IS a financial world mess. This will shake the world economy.

Posted by: majorteddy | September 16, 2008 10:00 AM

Barack Obama is a very intelligent, brilliant man who is the only one who can lead us out of this financial crisis.

John McCain, graduated 5th from the bottom of his class and Sara, well, degree in journalism that she had to go to 5 different colleges to achieve? THANKS BUT NO THANKS. McCain admitted he knows nothing about economics. GREAT - just what we need now!

I'm sticking with Obama. For once, I want someone with a BRAIN in the oval office. Not someone who will pass off all responsibilities as Bush did to Cheney and his cronies.

Posted by: Christy | September 16, 2008 9:55 AM

Of course McCain believes the economy is fundamentally sound, he owns seven McMansions, and Cindy shows up wearing a $300,000 Vanity Fair outfit, that incidentally made her look like a banana.

They're all bananas!

"Drill baby Drill" "Our VP is HOT" nooooo, that's not sexist.

McCain, take Cinderella Palin, and go back on that Bridge to Nowhere. You're a Nowhere Man with a Nowhere Plan continuing with Bush's scare tactics as noted by avalancecowpokes comment.

Posted by: one4REALchange | September 16, 2008 9:52 AM

McBush is a joke. He knows nothing about the economy because it does not impact him. As a very wealthy person McCain is totally insulated from the day-to-day worries of 95% of Americans, in no position to understand them or help them. All of his campaigns have ended up in HUGE DEBT.

I think it is important to note he had many years in the Senate to bring about the "change" he is now spinning. I feel he is a big phony, out-of touch with normal Americans. Palin is even more clueless.

The National Organization of Women endorsed Obama today. McBush does not have a solid record with women and neither does Palin. This public record, see for yourself. McBush is full of bulls**t. He has lost a lot of appeal since 2000. Just going through the motions,people...talk, talk, talk. Don't buy it!

Posted by: Michaelene | September 16, 2008 9:48 AM

I trust John McCain. He's got it right! That Obama guy is just plain frightening! How did our country's good old Democratic Party ever get so badly duped as to select him? Is that Chicago political machine really that persuasive? It terrorizes the heart and soul of all good Americans!

Posted by: avalanchecowpoke | September 16, 2008 9:43 AM

+The McCain Plan
+++++++++++++++++++
The Obama plan for change
+++++++++++++++++++
1) Continue to spread fear tactics
+++++++++++++++++++
+Obama is sexist and called Palin a pig.
+Obama supports sex education for kindergartners!

+++++++++++++++
2) Make up a big lie about our desperate need for him
+++++++++++++++
+"John McCain promised he would “get” Osama Bin Laden if he were elected President in 2008 in a GOP televised debate two days before the second in nation New Hampshire primary.

““I know how to get him and I’m gonna get him” McCain said on the campus of St. Anselm College on Manchester.

+"McCain also released a new television ad, titled "Crisis," which argues that McCain and his running mate, Alaska Gov. Sarah Palin, will clean up Wall Street and impose "tougher rules" without "special interest giveaways."

++++++++++++++++
3) Say that the only way to be saved is to vote for him and he will make all the problems (most of which he invented) go away.
++++++++++++++++
+"I can eliminate $100 billion of wasteful and earmark spending immediately--35 billion in big spending bills in the last two years, and another 65 billion that has already been made a permanent part of the budget."
--John McCain, NPR All Things Considered, April 23, 2008.

+" 'If I'm elected president, the era of the permanent campaign will end. The era of problem solving will begin,' "

+"Our economy, I think, is still -- the fundamentals of our economy are strong, but these are very, very difficult times,'' McCain said. "I promise you, we will never put America in this position again. We will clean up Wall Street."

++++++++++++++
4) Count on voter stupidity to get caught up in emotions leaving common sense and facts behind.
++++++++++++++
+Drill Baby Drill!
+In her interview with ABC's Charles Gibson, Palin 'fessed up. It was "not inappropriate" for a mayor or a governor to work with members of Congress to obtain federal money for infrastructure projects, she argued. "What I supported," she said, "was the link between a community and its airport."

Case closed. Except that on Saturday, days after the interview, Palin said this to a crowd in Nevada: "I told Congress thanks but no thanks to that Bridge to Nowhere -- that if our state wanted to build that bridge, we would build it ourselves."


++++++++++++
The Obami on this board are prime examples of silly childish suckers being sold a bill of goods by an empty suit and a self-promoter
++++++++++++

Who are the suckers?

Posted by: Where do they come up with it? Oh, that's right, they make stuff up! | September 16, 2008 5:21 AM

obama/biden 08 change (you dont have to comprehend it, just beleive it and vote for it)
++++++++++++++++++++++++++++++++++
This should be the RNC's slogan!

Posted by: Where do they come up with it? Oh, that's right, they make it up! | September 16, 2008 4:29 AM

Never mind folks- the gunho gal from Alaska will shake up those Washington fellow Republicans who have caused this mess.

Seems to me the place is pretty well shook up already. The last thing it needs is more of the same. It needs a calm, steady, intelligent, fair, and inclusive hand to sort it out. It is going to take all of the old time American innovative, all hand to the wheel (as distinct from the self interested greed of the past 8 years) to get the US and the rest of the world back on track.

Me thinks Sarah is better off watching Russia from Alaska. Hopefully it will not call in all the US bonds it holds. Maybe she could look after the old fella who needs to be put out to pasture.

Posted by: Geoff | September 16, 2008 4:05 AM

Obama hit the hammer on the nail when he exposed Mccain and his campaign with all the lies they have been telling over the past couple of weeks and continuing to lie about. This is ridiculous, Mccain has 8 homes, it doesn't surprise me that he wouldn't think the economy was strong. It is strong to him. Mccain is getting the benefit of those Bush tax cuts. Palin is irrelevant, she doesn't know nothing and thats why she can't answer any questions. I wouldn't take any candidate seriously that couldn't answer questions, especially when they haven't been on the national scene no more than a minute. Mccain has proven over and over again that he can't be trusted. His comments is out of touch, his VP pick is extremely risky, His policies are borrowed by Bush. Anybody that believe in this guy are asking for a death wish.

Posted by: Sandy | September 16, 2008 3:53 AM

The economic fundamentals are strong like he really wanted Sahara Palin as VP. They don't even know each other. Mccain is a nut case and thats why, I believe he will not be president because he's 72 years old, had cancer 4 times and he thinks Sarah Palin, and inexperience, unknowledgeable about major international issues or any issue is ready on day one to be commander and chief, he has got to be nuts. Palin is ready to be exactly what she is the Gov. Of Alaska.

Posted by: Fran | September 16, 2008 3:46 AM

Yeah, the fundamentals of the economy are strong for rich guys like Mccain. Remember he's one of the 2% getting the benefits of the Bush tax cuts that he wants to continue and make permanent. Mccain is a liar, he's run a stupid and silly campaign and that is what kind of administration he'll run. He and his no question taker VP would be worst than Bush. Could someone tell Mccain/Palin to stop posing as change candidates and reformers. Mccain voted with Bush 90% of the time so when was he thinking about change when he needed our vote. Palin wasn't even interested in Washington, Change, or just about anything outside of Alaska so she needs to stop lying about Iraq and everything else she's saying on the stump like she knows what she's talking about or was ever interested.

Posted by: Blake | September 16, 2008 3:42 AM

The Mccain/Palin ticket is a fraud. Palin was selected to rally the base because Mccain wasn't able to. Thats the only reason why she was chosen. The media is being played as idiots and fools, covering the speeches and writting about it and they can't even ask Palin one question. What kind of VP is that? Palin can give a speech but can't answer questions? That goes to show you what her job is, infact I think it would be the Mccain's campaign worst nightmare to have Palin answer questions. They want to decieve the American people into thinking their Mavericks, and reformers. The bridge to No where is a lie, 20% of America's oil is from Alaska like Palin says on the stump, is a lie, She would Vito earmarks, is another lie, she went to Iraq and Kuwait like Tucker Bounds of the Mccain campaign vouched is a lie. The more you learn about the Palin/Mccain ticket the more lies come out. They lie about their positions and Obama's positions. I think Bush has told enough lies and the America we live in today is proof of that. This is why the Mccain campaign has played the media for fools because their interested in a story whether its true or not. I have a question for the media, What VP nominee refused to answer questions from reporters?

Posted by: Debbie | September 16, 2008 3:37 AM

What worries me about the Palin/McCain ticket most is their energy policies (especially in regard to drilling in the ANWR). Given the current state of our environment, I think it is important for us, as consumers, to support 'green business.' For example, http://www.simplestop.net stops your postal junk mail and benefits the environment.

Posted by: Clark | September 16, 2008 1:06 AM

Maybe McPalin can speak in tongues and ask her god to fix the economy. That will help finance the mission from god she says the troops are on.

She already asked god for a pipeline, which should help the economy.

Q: what do we call it when the other side says they are on a mission from god?
A: Jihad.

Posted by: Jacques McCain | September 16, 2008 12:52 AM

Joe Biden's plugs need to be refreshed before the VP debate. Stop in at my Scranton office, Joey. I will give you the local-boy discount.

Posted by: Dr Joe Ducidelli | September 16, 2008 12:24 AM

KMicheals is just too funny. It's 10:18 post ascribes to Obama the precise techniques of the Republican party! What a hoot!

Seriously, anyone who tries to argue right now that we aren't sitting in a big steaming pile of financial problems has pretty much disqualified himself from the conversation.

I mean, stretch yourself a bit: admit that things stink, and blame it all on Clinton. Or those darn communists. Maybe the gays, or black people. Anyone but the administration that has been in charge of economic policy for the last eight years. Sure, it takes a little work, but you're up to it.

Posted by: drossless | September 16, 2008 12:04 AM

Says Lynn Franco, Director of The Conference Board Consumer Research Center: "Consumer confidence readings suggest that the economy remains stuck in neutral, but may be showing signs of improvement by early next year. Declines in the Present Situation Index, both in terms of business conditions and the labor market, appear to be moderating. The Expectations Index, which posted a significant gain this month, suggests better times may be ahead. However, overall readings are still quite low by historical standards and it is still too early to tell if the worst is behind us."

You call that a rosy picture?

Posted by: Consumer Confidence | September 15, 2008 11:00 PM

"Real" economic fundamentals have always been this ... (and as you may note, they are all trending in the wrong directions)

1) Inflation -- I'll give you that one, but it is rising slowly

2) Economic growth -- at near-recession rates

3) GDP (gross domestic product) -- 70% of which is consumer spending, which is driving people deeper into dept. It is a house of cards, a pyramid scheme, and it is going to imploded.

4) Unemployment -- rates are climbing (5.1 % in March, up to 6.1% in August)

5) Consumer confidence -- ha ha ha ha ha ha ha

Posted by: No to KMichaels | September 15, 2008 10:58 PM

Bush/McCain sage economic advice: go shopping, use your credit cards, consume.

Posted by: Virginia Vet | September 15, 2008 10:49 PM

It's obvious that McCain has no idea about the economy. He has nothing to offer but slogans and cheerleading for the destructive policies of George Bush. The idiots who still support McCain must have as little understanding of the economy as he does. Even the Republican economists are either jumping ship on the Palin McCain campaign or beginning to express doubt publicly to cover their butts. Only the true believers and bigots are sticking with them.

Posted by: Electric Bill | September 15, 2008 10:37 PM

Harrison wrote:

"JOHN MCCAIN FOR PRESIDENT!!!!

Get ready to lose your JOB, your HOME and STARVE.

I’m John McCain and I approve this message.
The “fundamentals of the economy are strong,” what a joke!"

Ok, moron comments like this are easy to dissect.

1) Spread unfounded fear
2) Take a true statement and then lie about it. The fundamentals of our economy are sound. Fear is the real enemy. Fear can turn sound fundamentals to bad. That is how runs on banks occur is fearful fools like the idiot Obami on this board going into unfounded panic mode. Obama counts on stupidity and fear to save him. And yes, his goal is to save his political future. He could care less about our nation.

Real economic fundamentals have always been this ... (and as you may note, they are all just fine)

1) Inflation
2) Economic growth
3) GDP (gross domestic product)
4) Unemployment
5) Consumer confidence

The most unpredictable factor, I guess I could add as number 6 is the fear factor. Obama is counting on it to make himself look good. The fear factor, if pushed far enough, can indeed take sound economic principals and bash them to pieces in short order.

Obami are good at promoting the fear factor in order to serve their self interests. Promoting fear does not help the economy, but it does help the likes of Obama.

Posted by: KMichaels | September 15, 2008 10:33 PM

The Obama plan for change

1) Continue to spread fear tactics
2) Make up a big lie about our desperate need for him
3) Say that the only way to be saved is to vote for him and he will make all the problems (most of which he invented) go away.
4) Count on voter stupidity to get caught up in emotions leaving common sense and facts behind.

The Obami on this board are prime examples of silly childish suckers being sold a bill of goods by an empty suit and a self-promoter.

Posted by: KMichaels | September 15, 2008 10:18 PM

JOHN MCCAIN FOR PRESIDENT!!!!

Get ready to lose your JOB, your HOME and STARVE.

I’m John McCain and I approve this message.

The “fundamentals of the economy are strong,” what a joke!

Posted by: Harrison | September 15, 2008 10:17 PM

The Obami on this board seem to be the ones stuck on stupid.

Anyone care to list what the fundamentals of an economy generally are, putting aside the Obami BS for a moment.

1) Inflation
2) Economic growth
3) GDP (gross domestic product)
4) Unemployment
5) Consumer confidence

1-4 are pretty easy, we are doing well above average for a healthy economy in these categories. Substantially better than during Jimmy Carter

Number 5, consumer confidence, which is harder to measure, is continually being assailed by the likes of Obama in order to promote his own self-interests. Even with all his BS consumer confidence is still well above average for our nation for the last 20 years.

McCain is right and Obama is just an empty suit with no clue about what makes an economy.

Posted by: KMichaels | September 15, 2008 10:07 PM

"The fundamentals of the US economy in the words of Alan Greenspan are as bad now as they have been in the last 100 years."

Ahem, no. Greenspan was not refering to the fundamentals of our economy. Are you saying that Greenspan said that inflation is the worst it has been in 100 years? Inflation was much worse during Jimmy Carter.

Are you saying that unemployment is worse than it has been in 100 years? Again, we enjoy a relatively low unemployment rate.

It is kind of fun to see the bozo Obami economists running around like chickens with their heads cut off assuming they know anything about the fundamentals of the economy when they know nothing.

What about econmic growth? It has been up for the last 12 years. Is that a sign of an economy on the brink?

Get a real life Obami. You are clueless on the details and your emotions dont bring about change. They just make you lie that much faster.

Posted by: KMichaels | September 15, 2008 9:58 PM

McCain "saying first that the "fundamentals of our economy are strong" and then abruptly shifting to say the fundamentals are "at great risk."

Which is it? Is McCain a post-modern Chauncey Gardner or Chicken Little?

Posted by: BeerBellyBuddah | September 15, 2008 9:57 PM

The fundamentals of John McCain's economy and George W. Bush's economy may be fundamentally sound. McCain probably doesn't even know how much money he has. The fundamentals of the US economy in the words of Alan Greenspan are as bad now as they have been in the last 100 years.

By McCain's own admission, he doesn't know much about economics. The Bush administraiton has run up more debt in the last 8 years than the history of the republic since 1776. We're spending $2 trillian dollars on the Iraq adventure. The price of everybody's portfolio and retirement have had a 20-40% haircut. The cost of living is killing all average Americans. Housing prices are falling like a rock. There is a crisis of confidence in the whole US banking system that may not work its way out for a couple of years if we are lucky.

But, McCain wants to keep the Bush tax cuts whose benefits went overwhelming into the hands of those making more than $500K. McCain's lack of knowledge of economics is a more serious problem than the danger of terrorism. We need someone with conpetence to direct this country into the future. We need a Democrat in the White House. Barack Obama understands the fundamental problems of Americans. He is the best hope for America's future

Lisati

Posted by: Lisati | September 15, 2008 9:34 PM

In this moment so tense in Wall Street, it's important all of us to listen a nice message of optimism of the Palin Gurus:

"Please Americans has calm. Crisis in the economy is mission of God."

HUGS FROM BRAZIL FOR ALL CONSCIOUS PEOPLE IN USA!!!

Posted by: Dalmo | September 15, 2008 9:24 PM

People need to know what's going on with their candidates, presidential and vice presidental. I dare CNN, FOX News Channel, MSNBC, and local television stations to air the following clip. It is located at www.brasschecktv.com/page/325.html. So far the only people who have had the guts to go after John McCain and call him on his b.s. are the women on The View.

Posted by: Nitabell21 | September 15, 2008 9:18 PM

Mccain said himself he knows very little about the economy.

Maybe he can take a cue from his VP who took her little town from being debt free to debt ridden.

Alaska #1 in Earmarks
Alaska #1 in Rape
Alaska #1 in closeness to Russia!

Posted by: william worrell | September 15, 2008 9:16 PM

Who lies more, JakeD or John McCain?

Posted by: Don | September 15, 2008 9:12 PM

PRINCIPALS ECONOMIC FUNDAMENTALS

"Our economy, I think, is still -- the fundamentals of our economy are strong, but these are very, very difficult times."

American people and the world losing its investments, remaining for all of us a simple question in the air: WHAT WILL BE THE NEXT?

But all keep the calm and listen this nice message of optimism of the Palin Guru:

"Please Americans has calm. Crisis in the economy is mission of God."

HUGS FROM BRAZIL FOR ALL CONSCIOUS PEOPLE IN USA!!!

Posted by: Dalmo | September 15, 2008 9:09 PM

Posted by: Don | September 15, 2008 9:07 PM

I don't really have the time, but can someone figure out where our country would be, if we hadn't illegally started a war, and hadn't spent $350,000,000 million dollars a day on it, for the last 5 years.

Posted by: runnerin1 | September 15, 2008 9:06 PM

Bloomberg:

"The fundamentals of our economy are strong, but at risk." Next canard?

Posted by: JakeD | September 15, 2008 9:04 PM

MCCAIN 9 HOUSES BANK ACCOUNT AND BEER INDUSTRIES BUISNESS IS FUNDAMENTAL STRONG,EVERYTHING IS STRONG FOR HIM SO HE THINKS ITS STRONG FOR EVERYONE ELSE WHEN YOU ARE RICH YOU CANT SEE NOTHING ELSE HAPPENING TO NO ONE ELSE I GUEST BECAUSE THEY HAVE BIGOTRY OUT THERE THE ECONOMY IS GONNA BE FUNDAMENTAL STRONG FOR THE NEXT 4YRS IF MCCAIN WINS. AND POOR WHITE FOLKS LET ME TELL YOU ONE THING WHEN YOU ARE POOR THE RICH LOOKS AT YALL JUST LIKE THEY LOOK AT POOR BLACKS YALL ARE TRAILOR WHITE TRASH TO THEM I WORK AT WAL-MART TRUST ME I HEAR HOW THEY PUT POOR WHITE FOLKS DOWN.

Posted by: keesa | September 15, 2008 9:02 PM

Don't believe a word out of John McCain's mouth.

You can't teach an old dog new tricks.

Posted by: Morton Redner | September 15, 2008 8:48 PM

Leave me alone. I love john mccain.

Posted by: JakeD | September 15, 2008 8:41 PM

Mike Bloomberg agrees with which McCain position?


McCain position #1:

"Our economy, I think, is still -- the fundamentals of our economy are strong"


McCain position #2:

"I know Americans are hurting,'' McCain said. "The fundamentals of our economy are at risk....


His old age is making him senile!

Posted by: Don | September 15, 2008 8:34 PM

Mike Bloomberg AGREES with John McCain ; )

Posted by: JakeD | September 15, 2008 8:24 PM

Flip-Flop Flip-Flop Flip-Flop

Posted by: Don | September 15, 2008 8:16 PM

lmao too funny and too true.

McCain't stuck on stupid and he's the smart one of the McPalin ticket.

Posted by: ripley8 | September 15, 2008 7:49 PM

Did McCain Violate The Logan Act AND the Hatch Act?!?

John McCain took a trip to south america—billed as official Congressional travel--with his two colleagues Joe Lieberman and Lindsey Graham. It’s been reported that prior to the trip, John McCain spoke to Colombian President Alvaro Uribe at around 4pm and Uribe gave him some highlights of the operation to spring the hostages. When the Senators had dinner with Uribe that night, they were briefed on the operation but none revealed it because they said it was “classified.”

When McCain was asked about the operation once the hostages were freed, he revealed the fact that he’d been briefed, and praised the operation.

Here’s the problem, there’s a law known as the Logan Act that reads:

"Any citizen of the United States, wherever he may be, who, without authority of the United States, directly or indirectly commences or carries on any correspondence or intercourse with any foreign government or any officer or agent thereof, in relation to any disputes or controversies with the United States, or to defeat the measures of the United States, shall be fined under this title or imprisoned not more than three years, or both."

The conversation with Uribe definitely qualifies as "correspondence or intercourse" and we have a "controversy" with the Colombian government because the United States has been on their back for years to get these hostages freed. To be sure, the trip itself was cleared by the US government, but that's different from State expressly allowing McCain to have a direct "classified” conversation with President Uribe about an ongoing controversy. If McCain was going to have private conversations with a foreign leader, the conversation itself would have to be cleared.

John McCain’s conversation with Uribe raises some serious questions that make more investigation necessary. Namely:

Was John McCain’s conversation with Uribe classified?
Did McCain have prior approval for this conversation?
Did McCain’s staff (or that of Liebermann’s or Graham’s) clear the content of the conversation with Uribe through the State Department?
Once McCain knew this information, did he—in good faith—make that information known to the State Department?
When asked about it, McCain’s aide reportedly said:

"I don't think that there is an established protocol" for such briefings, said a McCain aide, speaking on the condition of anonymity. " 'Protocol' is not a word I would associate with this."

Perhaps there isn’t protocol, but there are laws. And for someone who wants to have the top job of enforcing them, voters deserve to know the due diligence he did on this trip to ensure that he upheld the same laws that govern our diplomats.

Questions are also circulating about McCain’s recent trip to Canada . It too was billed as not being political but rather Senatorial. Therefore, he needs to act like a senator, and not as a presidential candidate. This is because according to the Hatch Act, US government resources and personnel cannot be used in support of political purposes. As the principal on the trip, McCain would have to adhere to these rules, and save the conversation about his campaign for his own plane, at his own events, and not those done on the taxpayer dime. However, in his remarks while in Canada, McCain repeatedly referred to his presidential campaign including in the trip’s headline speech.

WHAT A REPUBLICAN CRIMINAL!

Posted by: The ONLY Scott in the WORLD! | September 15, 2008 7:38 PM

Entrepreneurship and small business are strong? Maybe, but what happens when the bank yanks the small business loan in order to deleverage?

Posted by: Dave | September 15, 2008 7:24 PM

This message from McCain is very bad timing.
Brenan Hofstadter

Posted by: Brenan Hofstadter | September 15, 2008 7:19 PM

rcc_2000 wrote:

McCain and his cronies like Sen. Phil Gramm who's Gramm-Leach-Bliley Act is at least partially for the mortgage and investment banking meltdown. These are the people he has said himself he would rely on for economic advice. These are his friends, these are the guys who need reforming!!! McCain is not going to change his good friends.

NOTE Gramm received $1,000,914 in campaign contributions from the Securities & Investment industry.[6]

Later, as lobbyist for Swiss bank UBS, Gramm pressured congress ease it's restrictions on predatory lending tactics by mortgage brokers. For his efforts, Gramm received $750,000 from UBS in a one year period starting in 2007

Gramm also was involved in the Enron meltdown. The "Enron loophole" exempts most over-the-counter energy trades and trading on electronic energy commodity markets from government regulation. The "loophole" is so-called as it was drafted by Enron Corporation lobbyists working with U.S. Senator Phil Gramm to create a deregulated market for their experimental "Enron On-line" initiative.

Posted by: Mac | September 15, 2008 6:48 PM

Scott is a one issue voter: The Logan Act!

LOL - too funny!

Posted by: Sally | September 15, 2008 5:54 PM
*************
No Sally- Hypocrisy-
Claiming McCain wanted a 100 year war, Obama went to Iraq and negotiated a DELAYED exit for our troops!
How can that Not bother you Sally?

And Corn Ethanol...

And the his opposition to the Infant Protection Act...

And Tony Rezko....

And Bill Ayres...


*********
National Review

Monday, September 15, 2008


Did Obama Violate The Logan Act? [Jonah Goldberg]


Amir Taheri:

WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.

According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.

"He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington," Zebari said in an interview.

Obama insisted that Congress should be involved in negotiations on the status of US troops - and that it was in the interests of both sides not to have an agreement negotiated by the Bush administration in its "state of weakness and political confusion."

"However, as an Iraqi, I prefer to have a security agreement that regulates the activities of foreign troops, rather than keeping the matter open." Zebari says.

Though Obama claims the US presence is "illegal," he suddenly remembered that Americans troops were in Iraq within the legal framework of a UN mandate. His advice was that, rather than reach an accord with the "weakened Bush administration," Iraq should seek an extension of the UN mandate.

While in Iraq, Obama also tried to persuade the US commanders, including Gen. David Petraeus, to suggest a "realistic withdrawal date." They declined.
____

In 1975, Senators John Sparkman and George McGovern were accused of violating the Logan Act when they traveled to Cuba and met with officials there. In considering that case, the U.S. Department of State concluded:

The clear intent of this provision [Logan Act] is to prohibit unauthorized persons from intervening in disputes between the United States and foreign governments. Nothing in section 953 [Logan Act], however, would appear to restrict members of the Congress from engaging in discussions with foreign officials in pursuance of their legislative duties under the Constitution. In the case of Senators McGovern and Sparkman the executive branch, although it did not in any way encourage the Senators to go to Cuba , was fully informed of the nature and purpose of their visit, and had validated their passports for travel to that country. Senator McGovern’s report of his discussions with Cuban officials states: "I made it clear that I had no authority to negotiate on behalf of the United States — that I had come to listen and learn...." (Cuban Realities: May 1975, 94th Cong., 1st Sess., August 1975).

OBAMA CAME TO NEGOTIATE A POLITICALLY EXPEDIENT DELAY IN THE WITHDRAWL OF OUR TROOPS- WAS HE AFRAID THE "100 YEARS WAR" CLAIM WOULD BE CONSIDERED THE JOKE IT ALWAYS WAS?

WHAT A HYPOCRITE !!!

WELL AT LEAST HE'LL HAVE ONE MORE THING IN COMMON WITH MCGOVERN AFTER NOVEMBER!

Posted by: Scott | September 15, 2008 6:45 PM

Vote Republican, get Recession. It's become a fundamental law of economics.

Posted by: W stands for Worst | September 15, 2008 6:20 PM

jefflz wrote: .."As one of Keating Five scam artists who profited from the Savings and Loan Scandals of the 80's McCain has no credibility when it comes to the current economic crisis we face. He himself admits he know very little about the economy... "
Excellent point. McCain is as corrupt as they come. And for votesr to think he cares about them is absurd. Is he rebelling against himself? What does his party say about this? Obviously he has no pricnciple as he is ready to throw his party under the bus just to get elected. What a character!

Posted by: Westerner | September 15, 2008 6:16 PM


Today we're living in a shanty
Today we're scrounding for a meal
Today I'm stealing coal for fires
Who knew i could steal?


I used to winter in the tropics
I spent my summers at the shore
I used to throw away the paper--
We don't anymore!

We'd like to thank you: Herber Hoover
For really showing us the way
We'd like to thank you: Herbert Hoover
You made us what we are today

Prosperity was 'round the corner
The cozy cottage built for two
In this blue heaven
That you
Gave us
Yes!
We're turning blue!

They offered us Al Smith and Hoover
We paid attention and we chose
Not only did we pay attention
We paid through the nose.

In ev'ry pot he said "a chicken"
But Herbert Hoover he forgot
Not only don't we have the chicken
We ain't got the pot!

Hey Herbie
You left behind a greatful nation
So, Herb, our hats are off to you
We're up to here with admiration
Come down and have a little stew

Come down and share some Christmas dinner
Be sure to bring the missus too
We got no turkey for our stuffing
We'd like to thank you, Herbert Hoover
For really showing us the way
You dirty rat, you Bureaucrat, you
Made us what we are today
Come and get it, Herb!

Posted by: toritto | September 15, 2008 6:10 PM


Today we're living in a shanty
Today we're scrounding for a meal
Today I'm stealing coal for fires
Who knew i could steal?


I used to winter in the tropics
I spent my summers at the shore
I used to throw away the paper--
We don't anymore!

We'd like to thank you: Herber Hoover
For really showing us the way
We'd like to thank you: Herbert Hoover
You made us what we are today

Prosperity was 'round the corner
The cozy cottage built for two
In this blue heaven
That you
Gave us
Yes!
We're turning blue!

They offered us Al Smith and Hoover
We paid attention and we chose
Not only did we pay attention
We paid through the nose.

In ev'ry pot he said "a chicken"
But Herbert Hoover he forgot
Not only don't we have the chicken
We ain't got the pot!

Hey Herbie
You left behind a greatful nation
So, Herb, our hats are off to you
We're up to here with admiration
Come down and have a little stew

Come down and share some Christmas dinner
Be sure to bring the missus too
We got no turkey for our stuffing
We'd like to thank you, Herbert Hoover
For really showing us the way
You dirty rat, you Bureaucrat, you
Made us what we are today
Come and get it, Herb!

Posted by: toritto | September 15, 2008 6:10 PM

Howard wrote:.."The deck has been so stacked in favor of Obama, whether it's the media's refusal to vet Obama in the first place, to giving Obama free rides with Wright, Farrakhan, Rezko, Ayers, etc.. The media, as well as shows like The View, are continuing to show extreme bias against Senator John McCain, while kissing Obama's ass.."

Want to talk about Keating? McCain sold his soul to Keating for personal gain. He is one of the Keating 5 that caused the S &L crisis then. He got out on a techniacality, the slime ball. How dare he talk of being a maverick. Now Phil ('we are a nation of whiners') Gramm has come back into the fray as an economic adviser. The Dems just need to help Americans connect the dots.....
McCain will go down in flames. By the way, what to the Republicans think of the bashing they are getting from their leader, MCCain? Or is he rebelling against himself?

Posted by: Anonymous | September 15, 2008 6:10 PM

I AM PERSUADED THAT MCCAIN IS STUCK ON STUPID REGARDING THIS ECOMONY. THE PEOPLE SUPPORTING MCCAIN ARE JUST AS CLUELESS AS HIM OR THEY ARE IN THE 4 MILLION DOLLAR RANGE WHERE THEY CAN'T CARELESS ABOUT THE MIDDLE CLASS HARD WORKING PEOPLE.

GET A GRIP PEOPLE IF MCCAIN GETS ELECTED DON'T EXPECT ANY CHANGES, ALL YOUR GETTING IS AN CONTINUED OF THE LAST EIGHT YEARS. THIS COUNTRY IS FACING A DEEP DEPRESSION AND RESSION. THE WILL ONLY BE TWO CLASSES THE RICH AND THE POOR.

NOW WHO DO YOU WANT TO PICK AS YOUR NEXT LEADER SOMEONE WHO A GREAT PRETENDER (MCSAME/PALIN)
OR

CHANGE WE CAN BELIEVE IN....

OBAMA/BIDEN

Posted by: jacie - San Leandro, CA | September 15, 2008 6:05 PM

I AM PERSUADED THAT MCCAIN IS STUCK ON STUPID REGARDING THIS ECOMONY. THE PEOPLE SUPPORTING MCCAIN ARE JUST AS CLUELESS AS HIM OR THEY ARE IN THE 4 MILLION DOLLAR RANGE WHERE THEY CAN'T CARELESS ABOUT THE MIDDLE CLASS HARD WORKING PEOPLE.

GET A GRIP PEOPLE IF MCCAIN GETS ELECTED DON'T EXPECT ANY CHANGES, ALL YOUR GETTING IS AN CONTINUED OF THE LAST EIGHT YEARS. THIS COUNTRY IS FACING A DEEP DEPRESSION AND RESSION. THE WILL ONLY BE TWO CLASSES THE RICH AND THE POOR.

NOW WHO DO YOU WANT TO PICK AS YOUR NEXT LEADER SOMEONE WHO A GREAT PRETENDER (MCSAME/PALIN)
OR

CHANGE WE CAN BELIEVE IN....

OBAMA/BIDEN

Posted by: jacie - San Leandro, CA | September 15, 2008 6:05 PM

I AM PERSUADED THAT MCCAIN IS STUCK ON STUPID REGARDING THIS ECOMONY. THE PEOPLE SUPPORTING MCCAIN ARE JUST AS CLUELESS AS HIM OR THEY ARE IN THE 4 MILLION DOLLAR RANGE WHERE THEY CAN'T CARELESS ABOUT THE MIDDLE CLASS HARD WORKING PEOPLE.

GET A GRIP PEOPLE IF MCCAIN GETS ELECTED DON'T EXPECT ANY CHANGES, ALL YOUR GETTING IS AN CONTINUED OF THE LAST EIGHT YEARS. THIS COUNTRY IS FACING A DEEP DEPRESSION AND RESSION. THE WILL ONLY BE TWO CLASSES THE RICH AND THE POOR.

NOW WHO DO YOU WANT TO PICK AS YOUR NEXT LEADER SOMEONE WHO A GREAT PRETENDER (MCSAME/PALIN)
OR

CHANGE WE CAN BELIEVE IN....

OBAMA/BIDEN

Posted by: jacie - San Leandro, CA | September 15, 2008 6:05 PM

I AM PERSUADED THAT MCCAIN IS STUCK ON STUPID REGARDING THIS ECOMONY. THE PEOPLE SUPPORTING MCCAIN ARE JUST AS CLUELESS AS HIM OR THEY ARE IN THE 4 MILLION DOLLAR RANGE WHERE THEY CAN'T CARELESS ABOUT THE MIDDLE CLASS HARD WORKING PEOPLE.

GET A GRIP PEOPLE IF MCCAIN GETS ELECTED DON'T EXPECT ANY CHANGES, ALL YOUR GETTING IS AN CONTINUED OF THE LAST EIGHT YEARS. THIS COUNTRY IS FACING A DEEP DEPRESSION AND RESSION. THE WILL ONLY BE TWO CLASSES THE RICH AND THE POOR.

NOW WHO DO YOU WANT TO PICK AS YOUR NEXT LEADER SOMEONE WHO A GREAT PRETENDER (MCSAME/PALIN)
OR

CHANGE WE CAN BELIEVE IN....

OBAMA/BIDEN

Posted by: jacie - San Leandro, CA | September 15, 2008 6:05 PM

I AM PERSUADED THAT MCCAIN IS STUCK ON STUPID REGARDING THIS ECOMONY. THE PEOPLE SUPPORTING MCCAIN ARE JUST AS CLUELESS AS HIM OR THEY ARE IN THE 4 MILLION DOLLAR RANGE WHERE THEY CAN'T CARELESS ABOUT THE MIDDLE CLASS HARD WORKING PEOPLE.

GET A GRIP PEOPLE IF MCCAIN GETS ELECTED DON'T EXPECT ANY CHANGES, ALL YOUR GETTING IS AN CONTINUED OF THE LAST EIGHT YEARS. THIS COUNTRY IS FACING A DEEP DEPRESSION AND RESSION. THE WILL ONLY BE TWO CLASSES THE RICH AND THE POOR.

NOW WHO DO YOU WANT TO PICK AS YOUR NEXT LEADER SOMEONE WHO A GREAT PRETENDER (MCSAME/PALIN)
OR

CHANGE WE CAN BELIEVE IN....

OBAMA/BIDEN

Posted by: jacie - San Leandro, CA | September 15, 2008 6:05 PM

I AM PERSUADED THAT MCCAIN IS STUCK ON STUPID REGARDING THIS ECOMONY. THE PEOPLE SUPPORTING MCCAIN ARE JUST AS CLUELESS AS HIM OR THEY ARE IN THE 4 MILLION DOLLAR RANGE WHERE THEY CAN'T CARELESS ABOUT THE MIDDLE CLASS HARD WORKING PEOPLE.

GET A GRIP PEOPLE IF MCCAIN GETS ELECTED DON'T EXPECT ANY CHANGES, ALL YOUR GETTING IS AN CONTINUED OF THE LAST EIGHT YEARS. THIS COUNTRY IS FACING A DEEP DEPRESSION AND RESSION. THE WILL ONLY BE TWO CLASSES THE RICH AND THE POOR.

NOW WHO DO YOU WANT TO PICK AS YOUR NEXT LEADER SOMEONE WHO A GREAT PRETENDER (MCSAME/PALIN)
OR

CHANGE WE CAN BELIEVE IN....

OBAMA/BIDEN

Posted by: jacie - San Leandro, CA | September 15, 2008 6:05 PM

We'd like to thank you Herbert Hoover!
For really showing us the way.

We'd like to thank you Herbert Hoover!
You made us what we are today!

Prosperity is round the corner!
A little cottage built for two!

Chorus!

They offered us AL Smith and Hoover
We paid attention and we chose
Not only did we pay attention
We piad through the nose.
In ev'ry pt he said "a chicken"
But Herbert Hoover he forgot
Not only don't we have the chicken
We ain't got the pot!
Hey Herbie

Posted by: toritto | September 15, 2008 6:05 PM

As Obama says "McCain just doesn't get it."
and he is completely out of touch with the middle class and low income people. In his eyes he and his associates, friends and buddies are wealthy and do not know anyone who is having hard economic problems. It is a shame and disgrace for a presidential candidate to say this country economic is strong when evident shows otherwise with all the unemployments, forclosures, and closing of banks and investment companies. To me this is evident that McCain, if elected, will follow the Bush politic and this economic situation will not improve. Obama needs to and will be elected President because any right sense person knows he will improve this economy and bring this country back on course.

Posted by: lclon | September 15, 2008 5:58 PM

"The fundamentals of the economy are strong"

Herbert Hoover.

:-)

Posted by: toritto | September 15, 2008 5:55 PM

McCain again shows his lack of economic knowledge by mouthing Bush-like platitudes about how 'strong' we are because he can NEVER admit how screwed up this economy is.

Posted by: reboot923 | September 15, 2008 5:53 PM

Perhaps the next brilliant economic thought on the economy from USA will be this:

"Please Americans has calm. Crisis in the economy is mission of God."

ATTENTION: "ANY SIMILARITIES WITH THE THOUGHT OF SOMEONE IN USA ARE MERE COINCIDENCES..."

HUGS FROM BRAZIL FOR ALL CONSCIOUS PEOPLE IN USA!!!

Posted by: Dalmo | September 15, 2008 5:42 PM

I think McCain has clearly shown that he is a complete TOOL!

Gimme a break guy!

Posted by: Billy Pilgrim | September 15, 2008 5:37 PM

By "fundamentals" McCain means corporate profits, returns to capital, and falling expenses (except for executive pay).

The economy is in fact awesome for those in the upp 5% who have seen incomes and wealth skyrocket under Bush. For the rest of America, not so much.

McCain can't get his mind around the fact that 95% of americans don't give a damn about his "fundamentals" when they can't buy gas, food, and pay their mortgage.

Posted by: dmw | September 15, 2008 5:35 PM

The fundamentals of the economy are strong, McCain says, and he should know since he is such an economics expert. He must've taken a crash course on the subject since he admitted he knew nothing about it.

Posted by: LPLT | September 15, 2008 5:33 PM

Obama has a plan: http://www.barackobama.com/issues/

McCain has a Palin.

Posted by: Anonymous | September 15, 2008 5:22 PM

Posted by: sally | September 15, 2008 5:19 PM

WHY would America REWARD complete Republican FAILURE ??

Why ? Why would we ?

Never mind your spin ! The GOP IS to blame for this god-damned mess.

Posted by: PulSamsara | September 15, 2008 5:16 PM

========================================

How is Palin going to go to Washington and put Wall Street straight given she is clueless when it comes to federal banking, insurance, and securities regulation? Who, in reality, is going to advise McCain on these critical economic issues?

Most likely Phil Gramm, McCain crony, former McCain Presidential Campaign co-chair and Senior Economic Adviser; former senator from Texas and former Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs.

The same Phil Gramm who in cahoots with banking, insurance, and investment lobbyists wrote the bill (and attached it as a rider on a must pass bill) that barred federal regulation of the high-risk mortgage-backed securities at the core of the very housing and credit meltdown which is now wiping out the retirement savings, home equity, and jobs of millions of Americans. It’s amazing how in eight short years, Gramm and the financial special interests managed to destroy America’s economy.

Surely, if McCain understood the fundamentals of economics, banking, insurance, and securities, he would not have selected Gramm as his Campaign Co-chair and Sr. Economic Adviser. Although McCain “officially” sidelined Gramm after he outrageous referred to the recession as a “mental recession” and called Americans a “nation of whiners”, Gramm continues to serve McCain in the background. Gramm continues to meet with McCain and his top supporters and Gramm pursues endorsements for McCain. Clearly, Gramm remains a crony, adviser, and advocate for McCain.

The country collapses before McCain’s eyes as he proclaims the “the fundamentals of our economy are strong”. McCain, like his buddy and advisor Phil Gramm, is clearly delusional when it comes to the economy.

Our financial institutions are collapsing.
Savings are being wiped out.
Unemployment is up.
Inflation is up.
Home equity is lost.
Real wages are down.

The fundamentals of our economy are not strong. This is not a mental recession. This is as real as it gets.

Posted by: socalgal59 | September 15, 2008 5:12 PM

Did McCain Violate The Logan Act AND the Hatch Act?!?

John McCain took a trip to south america—billed as official Congressional travel--with his two colleagues Joe Lieberman and Lindsey Graham. It’s been reported that prior to the trip, John McCain spoke to Colombian President Alvaro Uribe at around 4pm and Uribe gave him some highlights of the operation to spring the hostages. When the Senators had dinner with Uribe that night, they were briefed on the operation but none revealed it because they said it was “classified.”

When McCain was asked about the operation once the hostages were freed, he revealed the fact that he’d been briefed, and praised the operation.

Here’s the problem, there’s a law known as the Logan Act that reads:

"Any citizen of the United States, wherever he may be, who, without authority of the United States, directly or indirectly commences or carries on any correspondence or intercourse with any foreign government or any officer or agent thereof, in relation to any disputes or controversies with the United States, or to defeat the measures of the United States, shall be fined under this title or imprisoned not more than three years, or both."

The conversation with Uribe definitely qualifies as "correspondence or intercourse" and we have a "controversy" with the Colombian government because the United States has been on their back for years to get these hostages freed. To be sure, the trip itself was cleared by the US government, but that's different from State expressly allowing McCain to have a direct "classified” conversation with President Uribe about an ongoing controversy. If McCain was going to have private conversations with a foreign leader, the conversation itself would have to be cleared.

John McCain’s conversation with Uribe raises some serious questions that make more investigation necessary. Namely:

Was John McCain’s conversation with Uribe classified?
Did McCain have prior approval for this conversation?
Did McCain’s staff (or that of Liebermann’s or Graham’s) clear the content of the conversation with Uribe through the State Department?
Once McCain knew this information, did he—in good faith—make that information known to the State Department?
When asked about it, McCain’s aide reportedly said:

"I don't think that there is an established protocol" for such briefings, said a McCain aide, speaking on the condition of anonymity. " 'Protocol' is not a word I would associate with this."

Perhaps there isn’t protocol, but there are laws. And for someone who wants to have the top job of enforcing them, voters deserve to know the due diligence he did on this trip to ensure that he upheld the same laws that govern our diplomats.

Questions are also circulating about McCain’s recent trip to Canada . It too was billed as not being political but rather Senatorial. Therefore, he needs to act like a senator, and not as a presidential candidate. This is because according to the Hatch Act, US government resources and personnel cannot be used in support of political purposes. As the principal on the trip, McCain would have to adhere to these rules, and save the conversation about his campaign for his own plane, at his own events, and not those done on the taxpayer dime. However, in his remarks while in Canada, McCain repeatedly referred to his presidential campaign including in the trip’s headline speech.

WHAT A REPUBLICAN CRIMINAL!

Posted by: Scott | September 15, 2008 5:10 PM

I'm sorry, but this is not the time to be running around doing the chicken little thing. Where is the PLAN Obama? The PLAN !!! Forget the withering attacks on McCain, a PLAN is needed NOW. we've run out of Kool-Aid here, so what, specifically, would you actually do? This isn't a discussion topic, this is the real thing.

McCain, to his credit, specifically stated his opposition to public bailout of Lehman & Co. - something I totally agree with. Let's see - Obama has received $400,000 from Leman - do you think he would state this position? Not a chance!! He is in their pocket.

Across the board, McCain was laying out ACTIONS to be taken to work towards resolution of this situation, and not a word about Obama. Many points to him.

This all brings into clear view, the differences between an executive and a professor. Huge difference where the rubber meets the road!

Posted by: Keith | September 15, 2008 4:48 PM

The Republican's answer to calling them out for being liars:... Lie some more!

Posted by: Anonymous | September 15, 2008 4:43 PM

Monday, September 15, 2008


Did Obama Violate The Logan Act? [Jonah Goldberg]


Amir Taheri:

WHILE campaigning in public for a speedy withdrawal of US troops from Iraq, Sen. Barack Obama has tried in private to persuade Iraqi leaders to delay an agreement on a draw-down of the American military presence.

According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.

"He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington," Zebari said in an interview.

Obama insisted that Congress should be involved in negotiations on the status of US troops - and that it was in the interests of both sides not to have an agreement negotiated by the Bush administration in its "state of weakness and political confusion."

"However, as an Iraqi, I prefer to have a security agreement that regulates the activities of foreign troops, rather than keeping the matter open." Zebari says.

Though Obama claims the US presence is "illegal," he suddenly remembered that Americans troops were in Iraq within the legal framework of a UN mandate. His advice was that, rather than reach an accord with the "weakened Bush administration," Iraq should seek an extension of the UN mandate.

While in Iraq, Obama also tried to persuade the US commanders, including Gen. David Petraeus, to suggest a "realistic withdrawal date." They declined.
____

In 1975, Senators John Sparkman and George McGovern were accused of violating the Logan Act when they traveled to Cuba and met with officials there. In considering that case, the U.S. Department of State concluded:

The clear intent of this provision [Logan Act] is to prohibit unauthorized persons from intervening in disputes between the United States and foreign governments. Nothing in section 953 [Logan Act], however, would appear to restrict members of the Congress from engaging in discussions with foreign officials in pursuance of their legislative duties under the Constitution. In the case of Senators McGovern and Sparkman the executive branch, although it did not in any way encourage the Senators to go to Cuba , was fully informed of the nature and purpose of their visit, and had validated their passports for travel to that country. Senator McGovern’s report of his discussions with Cuban officials states: "I made it clear that I had no authority to negotiate on behalf of the United States — that I had come to listen and learn...." (Cuban Realities: May 1975, 94th Cong., 1st Sess., August 1975).

OBAMA CAME TO NEGOTIATE A POLITICALLY EXPEDIENT DELAY IN THE WITHDRAWL OF OUR TROOPS- WAS HE AFRAID THE "100 YEARS WAR" CLAIM WOULD BE CONSIDERED THE JOKE IT ALWAYS WAS?

WHAT A HYPOCRITE !!!

WELL AT LEAST HE'LL HAVE ONE MORE THING IN COMMON WITH MCGOVERN AFTER NOVEMBER!

Posted by: Scott | September 15, 2008 4:41 PM

McCain's Plan =

1. Lie my way in to the white house.
2. Give all my work to the VP, while golfing.
3. Begin search for richer wife.
4. Retire and pardon all the Republicans criminals on the way out.
5. Blame the Democrats for the failed nation.

Posted by: Anonymous | September 15, 2008 4:32 PM

Enough is Enough!

Republicans have us at war in two countries as a result of Republican lies and deceptions, and we might be in two more wars--Iran and Pakistan--by November. We have alienated the entire Muslim world and most of the rest.

The dollar has lost 60% of its value against the euro, and the once mighty dollar is losing its reserve currency role.

The Republicans' policies have driven up the price of both oil and gold by 400%.

Inflation is in double digits. Employment is falling.

The Republican economy in the 21st century has been unable to create net new jobs for Americans except for low wage domestic services such as waitresses, bartenders, retail clerks and hospital orderlies.

Republican deregulation brought about fraud in mortgage lending and dangerous financial instruments which have collapsed the housing market, leaving a million or more homeowners facing foreclosure. The financial system is in disarray and might collapse from insolvency.

The trade and budget deficits have exploded. The US trade deficit is larger than the combined trade deficits of every deficit country in the world.

The US can no longer finance its wars or its own government and relies on foreign loans to function day to day. To pay for its consumption, the US sells its existing assets--companies, real estate, toll roads, whatever it can offer--to foreigners.

Republicans have run roughshod over the US Constitution, Congress, the courts and civil liberties. Republicans have made it perfectly clear that they believe that our civil liberties make us unsafe--precisely the opposite view of our Founding Fathers. Yet, Republicans regard themselves as the Patriotic Party.

The Republicans have violated the Nuremberg prohibitions against war crimes, and they have violated the Geneva Conventions against torture and abuse of prisoners. Republican disregard for human rights ranks with that of history's great tyrants.

The Republicans have put in place the foundation for a police state, which they have no problem using against fellow citizens!

We must get the Republicans totally out of power, or we will have no country left for any of us!

Posted by: Franky | September 15, 2008 4:26 PM

This coming from a man who admits he is not very knowledgeable about economics. Who has lied repeatedly (and we know he has because we have the videos).

Talk about liers, what about Palin?! She is pathological! Today, Sept 15th 2008 she is still telling folks the she told congress "Thanks but no thanks"!

http://www.youtube.com/watch?v=D2KH2LtQrqY

The McCain camp must be huddled in one of McCains Mansions smoking crack!

Posted by: rcc_2000 | September 15, 2008 4:15 PM

Do your research -
Average Annual Unemployment under
- Clinton 5.2%
- GW 5.3% Assuming 6% for this year

Statistically insignficant difference between the two. And 2008 will have to finish way above 6% for the average to be 6%.

Peak Employment under
Clinton 131.5 million
GW 146.0 million
In no year did GWs employment level drop below Clinton's peak year. Thus, employment (number of people employed in civilian jobs) under GW has ALWAYS been better than Bill's best year. Including the most recent reported - August.

http://www.bls.gov/web/cpseea1.pdf

Don't let the dems lies sway you regarding employment and the economy. Do your own research to see the truth...


Posted by: Anonymous | September 15, 2008 4:14 PM

Check Out What McCain Knows About The Economy Here:
http://www.youtube.com/watch?v=_1X3efvVTLA

Posted by: tonya | September 15, 2008 4:01 PM

VOTE!!

Here is a Game to play ...

Which candidate - Obama or McCain - needs a crash course on the FUNDAMENTALS of economics??

Posted by: GW | September 15, 2008 4:00 PM

McCain will continue to LIE and say ANYTHING in hopes that you will believe him and vote his ticket. He will help this economy about as much as he helped the people of New Orleans during Katrina! Is that the type of assistance and leadership you want?

Posted by: MadasHell | September 15, 2008 3:45 PM

Why is everyone picking on Bush. You knew he was a fool in 2004. He had mismanaged the war and gave strong support to the man who mismanaged, Mr Rumsfeld. Did you expect him to only mismanage the war?

While you digest that one remember McCain supports the president on the war and the economy.

Posted by: JakeD | September 15, 2008 3:43 PM

John McCain is a boldface liar. Please read this website to see the truth about him and his republican collegues. www.republicansareliars.com

Posted by: www.republicansareliars.com | September 15, 2008 3:36 PM

McCain is senile.

I REFUSE to let our country turn into the shameful laughing stock of the world.
YOU CANNOT LEAD IF OTHERS DO NOT RESPECT AND WANT TO FOLLOW.

Posted by: Anonymous | September 15, 2008 3:31 PM

I am glad to see there are some Republicans that put country over party. Our economy is not a "game". I have worked too long and too hard to have my retirement diminshed because of a self-described maverick who knows nothing about the economy.

I have taken the liberty to READ Barrack's tax plan and I see nowhere in it where anyone earning less than $250,000 will get a tax hike, in fact, it is quite the opposite, that populaiton, 95% of Americans, will actually see some sort of tax BREAK.

McCains party mate Alan Greenspan himself concluded that McCains plan will explode the American deficit and will cause immense damage to the economy.

Finally, a crisis, to get American's focused on the real issue going into the next 4 years. It is going to take at least THAT long to fix the mess of the last 8 years. Lets just not put someone in office that is going to continue to failed Bush agenda.

McCain, promises to do just that.

Posted by: Concernedaboutdc | September 15, 2008 3:10 PM

I don't think people are as panicked as they may seem in these comments.
HOWEVER, the complete audacity of McCain to even slightly suggest this and to have people still going along with this bozo is unbelievable. When people care, they are passionate.

Posted by: Anonymous | September 15, 2008 3:10 PM

It really is amazing that McPaliBush nsaid he 'really doesn't understand he economy as well as he should' because he apparently understood it well enough to make quite a fortune when he was part of the Keating 5 during the S&L crisis of the 1980's! Guess Cindy's fortune wasn't quite enough for the GREEDY FRAUD. No wonder they call him an OPPORTUNIST - when he saw that opportunity, he jumped at it and took as much money as he could get away with to secure his personal fortune! God, it must be wonderful! Poop on the little people, let them foot the bill! Would someone just shut the liar up!

Posted by: Disparaged | September 15, 2008 3:06 PM

The fundamentals of the economy are far from what could be described as strong, the economy is is serious condition with bank failures in the last two years along now with Bears Stearns, and Fannie Mae and Freddie Mac, Lehman Brothers, Merril Lynch
the banking and insurance companies are in serious need of government intervention with full reveiws of all regulations repealed by Congress should be reimposed at the federal level. The Untied States has not seen this type of bank failure since the great depression.
The federal governments budget running a five hundred billion deficet now and into the next few years. The economy is not strong, it is weak so McCain should speak the truth. First sign to look for when you vote is if their honest. If he's going to lie during the campaign how can I trust him in the White House.

Posted by: Tom McMahon | September 15, 2008 3:01 PM

Remain calm! All is well!

Posted by: MidwestforObama | September 15, 2008 2:57 PM

Doesn't McCain believe his own advisor, Donald Luskin? According to Mr. Luskin, everything is really, really swell in Pollyanna-land. Mr. Luskin agrees with Phil Gramm -- we are all just a bunch of whining losers for daring to question the economic policies of our fearless leaders, even though we can see with our own eyes the devastating effect these policies have had on our once great nation. Mr. Luskin even tells us that house prices are rising, not falling. Maybe he is standing on his head.

Mr. Luskin -- stop blowing smoke at us -- we know better...

Posted by: Steve | September 15, 2008 2:56 PM

If McCain wins the 2008 Presidential Election, Americans better hope and pray that the fine print found on every glossy mutual fund brochure applies. Because another four years of Bushism in the form of John McCain could make the Great Depression sound like the good old days:

"In one of the most dramatic days in Wall Street’s history, Merrill Lynch agreed to sell itself to Bank of America for roughly $50 billion to avert a deepening financial crisis, while another prominent securities firm, Lehman Brothers, hurtled toward liquidation after it failed to find a buyer, people briefed on the deals said. The humbling moves, which reshape the landscape of American finance, mark the latest chapter in a tumultuous year in which once-proud financial institutions have been brought to their knees..."

http://www.nytimes.com/2008/09/15/business/15lehman.html?_r=1&ref=worldbusiness&oref=slogin


Looking back at the vast economic wreckage brought on by "conservative" policies provides a chilling picture for a future under the thumb of John McCain and his merry band of industry lobbyists. It's frightening to contemplate where we'd be, right now, if these bozos had succeeded in 'privatizing' social security, as in throwing it and the future of millions of retiring Americans who rely on it into the same snapping jaws that brought us this latest financial pile of crap.


The nation has learned at great, tragic cost that "conservatives" can't be trusted to prevent terrorist attacks, bring the top Al-qaeda kingpin to justice, wisely initiate and manage foreign wars, or control spending. Now, with the benefit of empirical hindsight, perhaps it's time to publicly recognize what everyone now knows: "conservatism" doesn't work at home, either.

Posted by: Bush + McCain = "W"orthless | September 15, 2008 2:53 PM

If John McCain/Palin is going to "clean up Wall Street" then he should get off the campaign trail and head to Washington Senate and ask Reid to call for special session. All talk and no action, typical.

Posted by: the Monk | September 15, 2008 2:52 PM

"taxpayers...are burdened with helping bail out Bear Stearns and protecting mortgage giants Fannie Mae and Freddie Mac," says McCain.

Just who is pushing for taxpayers to take on further loads? Far as I can tell, the Bear Stearns bail out and the Fannie and Freddie nationalization (to put it indelicately) took place with Republicans in the White House.

Posted by: Four more years? | September 15, 2008 2:51 PM

It's not that McCain doesn't understand the problem, it is that he doesn't care. The economic interests supporting him have a vested interest in avoiding any fundamental economic change. So he says the economy is sound and offers no change from the Bush policy.

Posted by: bgjd1979 | September 15, 2008 2:49 PM

Forestgup said:
These idiots voted to give Bush 4 more years when it clear for all to see the lies, the deceit and the fraud that had been perpetrated on them, and that the country was already in full collapse to its knees.
--------------------
Gump - don't show your ignorance. When Bush was reelected in 2004 the stock market was well into a bull run, the economy was growing and the country was binging on housing...

Posted by: just the facts | September 15, 2008 2:46 PM

"Our economy, I think, is still -- the fundamentals of our economy are strong, but these are very, very difficult times," McCain said.

And just why have they become so difficult? I think that McCain should answer that question, as long as he uses it to explain away the financial troubles American families and working individuals are facing.

I know: It's the Democrats fault. They raise taxes, and Republicans don't....and on and on with the brainwash blah, blah, blah.....

Nothing changes with this man and his sidekick. I can't believe that so many are believing it!

Posted by: BisbeeAZ | September 15, 2008 2:46 PM

McCain is a shameless jerk who copied Obama's theme of change. McCain and Palin lie shamelessly even when they are confronted with their lies. These are SCHIZOPHRENIC BEHAVIOR, NO BLINKING. Sarah Barracuda's true nature is finally coming out and her Alaskan constituents will soon be turning against this deceitful woman. McCain has been in Washington for 26 years and done nothing except enrich himself and his cronies. The real McCain is corrupt, a crook.

Posted by: M. Stratas | September 15, 2008 2:45 PM

I hope Donald Luskin is not only a campaign advisor but personal financial advisor to the McCain fortune.

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/12/AR2008091202415.html?hpid=opinionsbox1

Posted by: Oscar | September 15, 2008 2:45 PM

So Wall Street's woes stem from "burden"some government and require that the Republican team impose "tougher rules." Hmmmm. Could we please have details on this?

Posted by: First Mouse | September 15, 2008 2:43 PM

Alex, thanks for all your great insight and history lessons and if only people will listen and learn, maybe this country will get back to its once great status! But it's hard to tell if anyone is listening! BTW, I'm beginning to wonder if one day we might awaken to see the Chinese occupying our nation as collateral for our failure to repay the debt we owe!

Can anyone say, "Black Monday"? And we thought the Great Depression occurred in 1929!

For Bush and McBush to say our economy is strong enough to endure this crisis is just plain BLASPHEME!

But of course, they are WEALTHY BEYOND WORRY [on the taxpayer backs], so they can say anything they chose in their constant attempts to lull the electorate into voting GOP once again!

If you believe they are telling you the truth, then you apparently believe that Saddam Hussein caused 9/11. You also believe that we found WMD in Iraq. And of course, you believe the earth is FLAT!

If you believe the above, I have a "bridge to nowhere" [courtesy of Ted Stevens and Sarah Palin] I can sell you.

Posted by: FedUpinVA | September 15, 2008 2:42 PM

The populace is not as dumb as the liberal posters would like you to believe..."

No, they are dumber! These idiots voted to give Bush 4 more years when it clear for all to see the lies, the deceit and the fraud that had been perpetrated on them, and that the country was already in full collapse to its knees. Here we go again! McCain/Palin '08.

Posted by: forestgump | September 15, 2008 2:41 PM

McCain's chief economic adviser is the same Phil Gramm, who lobbies for UBS, the giant Swiss bank, and was a major force in the deregulation that gave us the subprime mess that is taking down Wall Street.

Unless McCain wants to claim that because his buddies caused the mess he's in a good position to fix it, he has no credibility as the one who's going to clean up Wall Street. He's in Wall Street's pocket. Just like he's going to take on Big Oil, that owns him too. sure

Posted by: JoeT | September 15, 2008 2:40 PM

"When asked which of the four presidential and vice presidential nominees is most like them, nearly a third named Palin, the governor of Alaska. Obama trailed with 22 percent, followed by McCain at 21 percent and Biden at 13 percent.

Of those surveyed, 49 percent said they trust McCain more, versus 41 percent for Obama. McCain also trumped Obama when voters were asked who is more likely to fulfill a pledge to lower taxes. Forty-one percent of surveyed voters said McCain, a senator from Arizona, is more likely to live up to his word, versus 31 percent for Obama, the Illinois senator.

The populace is not as dumb as the liberal posters would like you to believe..."

well, not dumb, just plenty are ignorant.

see bill maher roasting the repugs for simply that, misinforming the populace, and don't think they don't know what to say as far as their targeted populace goes. the populace was convinced bush was the one, over al gore, and see where we are. after the fact, they still convinced plenty (lies and all) that these repugs are next for office! opposing "liberals" are not as dumb as the opposition would have ya think.

talk about a rude awakening come November

Posted by: Anonymous | September 15, 2008 2:35 PM

For all you people who think Obama tax increase will stop at people making over $250 thousand.. well I got a bridge to no where to sell you. Obama is promising all kinds of new programs that will cost millions... much more than just taxing the few people making that much can pay for. Not to mention you don't think Nancy Pelosi and Harry Reid have a whole bunch of new spending proposals themselves. Face it Obama will either have to go back on his programs he promised OR he'll have to raise more taxes.. He never promised he wouldn't raise more taxes did he so is it really that hard to figure out what he will do. I mean how scary is this Obama, Reid and Pelosi running government and no one to contain what they want to spend on.

Posted by: rss | September 15, 2008 2:34 PM

Whenever I hear McCain speak... I feel like I'm listening to someone that's either spent too many years living inside Cindy's financial bubble, so he has absolutely no idea of what life is like on the ground for the rest of us... or he's starting to get "dotty". I sure have zero respect for the man. His POW story from 35 years ago is no longer relevant as a tribute to his "honor" and "integrity". The minute he sold out his country in a blatant attempt to pander to the right-wing, and women, by choosing Palin for his running mate, was the minute he lost any tiny bit of respect I might have had for him. Now with his and Palin's endless lying, I not only have no respect, I'm starting to worry that he might be less ethical than the Bush Administration. And that's scary. If McCain-Palin is elected, I sincerely think we will see the end of this country as we know it... the end of any respect by other nations... the end of any "American Dream"... intelligence will be scorned, and "D" students winked at and admired as potential next Presidents. I can't move out of the country -- I don't qualify under Canada's or any European nation's immigration standards (my small biz is too small, no other job skill they want and not enough money to come in as an investor). But if McCain-Palin wins, I sure will encourage my very bright son to finish university and see what options are available to him outside of the U.S. This will be no place to raise a family or age with any security.

Posted by: DogBitez | September 15, 2008 2:32 PM

What a "fundamental" arse HOLE!!

Posted by: Anonymous | September 15, 2008 2:30 PM

The fundamentals of my first marriage are strong.

Posted by: John McCain | September 15, 2008 2:30 PM

Paige Palmer:

I already answered your question. Quit spamming.

Posted by: JakeD | September 15, 2008 2:30 PM

The fundamentals of the 2007 Mets are strong.

Posted by: Willie Randolph | September 15, 2008 2:30 PM

McCain is "fundamentally" STUPID!! What an old fart!! Can someone yell "DEPENDSSS, DEPENDS, DEPENDS!!!!!""

Posted by: Anonymous | September 15, 2008 2:29 PM

The fundamentals of the Titanic are strong.

Posted by: Captain Smith | September 15, 2008 2:29 PM

Again, McCain is hardened in his thoughts and decision process that it resembles the kind of Bush ideology. We need to wake up and make the changes ---- the real change is the Obama platform.

Posted by: RMax | September 15, 2008 2:28 PM

Enough name calling, finger pointing, wailing and wringing of hands. I don't care what John McCain says, but I do care very much about how I can regain a feeling that the economy is improving and I am doing better. Just read this and vote your pocketbook:
http://www.nytimes.com/2008/08/31/business/31view.html?em#

Posted by: pocketbook voter in Delaware | September 15, 2008 2:27 PM

Looks like the only truth WcCain has told lately was when he stated "I don't really know much about the economy".

Posted by: Facts is facts... | September 15, 2008 2:24 PM

"Our economy, I think, is still -- the fundamentals of our economy are strong, but these are very, very difficult times," McCain said. "I promise you we will never put America in this position again. We will clean up Wall Street."

When he falsely claims that Obama would raise taxes, Bush hugger McCain shows that he perceives a country of households all of which make $250,000 or more annually.

But what about the rest of us?

Posted by: First Mouse | September 15, 2008 2:24 PM

drossless said:
Here's an easy test for you: look at the economy after the last Democratic administration, and look at it now near the end of Republican rule. Who did better?
---------------
Including Jimmy Carter, and Reagan?

I'd say its a toss up. And sure, you can skew the data by only looking at points in time. Business cycles happen, so Bush inheriting an irrational runnup in the tech sector especially puts him in a situation where he is bound to see a downturn. To think that if Gore became president in 2000, we wouldn't have had the down turn is to be ignorant of economic cycles. From 2003 through most 2007 the USA enjoyed good economic growth. But greed got in the way. From alot of different areas - home buyers, lenders, investors, speculators...
As long as the public shifts their issues to others and don't learn for their mistakes they are bound to repeat their mistakes. To all lay the blame at Bushes feet is to ignore personal accountability and play the victim. Take charge of your life and quit basing your happiness on what the government has done for you today.
To call a downturn a recession, and to call a recession a depression just reduces your credibility.

We have 94% employment - how many other countries can claim this? Sure things could be better. For those that are unemployed things are really tough. But the sky is not falling...

Posted by: Anonymous | September 15, 2008 2:23 PM

When you own 8 or 9 homes and you define middle income as making less than five million dollars a year, I can see how the economy could look "sound" to you. What a PUTZ!

Posted by: pj45 | September 15, 2008 2:22 PM

Mccain is a retard - he couldn't even read the notes he was holding this morning. has the GOP ever heard of the word "coaching"?

Latest poll results:
McCain trails Palin by 12 points

Posted by: uh-huh | September 15, 2008 2:22 PM

McCain is an insult to the word "change" and to the low intelligence level of the average american voter, who is much too ignorant to know it, anyways.

Throw the bums out. Enough is enough.

Posted by: Anonymous | September 15, 2008 2:19 PM

Republicans: Give the money and the power to the rich and to the businesses because they know better. Keep the people separated into two disagreeing factions (Republicans and Democrats) so that they will never work together again and take back control of their country.

Republican Game Plan: Lets focus the voter's thoughts on unimportant issues and irrelevant matters so that they don't focus on important issues because we have no real plans that will actually help the economy, education, national security, etc.

Democrats: Lets take a little of the power away from the rich and from businesses and give it back to the people. When people can stop living in fear again because they have a little more money, they will spend more, start up businesses more willingly and start to work together again.

Democratic Plan: Try and expose the republican parties lies, deal with the media's love of keeping important policies out of people's minds, and try to gether up as many intelligent people as possible who won't buy into the republican nonsense.

I am a libertarian, I disagree with both parties on many things, and agree with both on some things. But for choosing a president I don't even see how a single argument can be made in McCain's favor. It is pathetic how uneducated people are, especially on political matters. This is not a game people. This isn't a reality TV show where we vote for the guy we like the most. A president needs to be intelligent, know the law, and understand how to put information into the correct perspective in order to make the right decisions. You shouldn't want the president to be the "average Joe" because we need someone to be a LEADER who is INNOVATIVE and INTELLIGENT, not someone just like the average American who can't even read a home loan agreement. Republicans and Democrats alike, stop trying to save face and fight for your party because its your "team". THERE ARE NO TEAMS. THIS IS AN ELECTION FOR PRESIDENT, NOT A FOOTBALL GAME. Do some unbiased thinking for once and maybe we can finally elect a real president.

Posted by: Nick | September 15, 2008 2:17 PM

str8up wrote: Read on CNN this morning...

Stop right there. The fact that it was on CNN should tell you it is a big, fat liberal lie. It's the same as quoting HuffPo, WaPo, MSNBC, Moveon.org and The DailyKos. Oh, you believe them, too? Then there's no hope for you.

Posted by: Casey | September 15, 2008 2:17 PM

I guess the fundamentals of the economy are strong when you have a rich wife with 8 houses

Posted by: guitaristo | September 15, 2008 2:16 PM

The Fundamentals of any
Game
or
Economy
or
Business
is
SOUND
when the
FUNDAMENTALS are followed

THAT the FUNDAMENTALS
are
not abused ..
or
Lied about..
or
Cheated..
or
Ignore..
or
Violate the Constitution..
or
Violate Civil Liberties.
or
anything
that would
VIOLATE THE FUNDAMENTALS

ISA

Posted by: ISA Gallego | September 15, 2008 2:16 PM

The deficit may prove stronger than our economy.

Posted by: knutton | September 15, 2008 2:15 PM

Other than "vetoing earmarks," such as those appropraited by Sarah Palin as mayor or Wasilla--a drop in the bucket to a $400 billion deficit--McCain is lockstep with President Bush on the economy. Can even the paid, Republican bloggers here name one other difference in their economic policies?

Maybe he can have Governor Palin explain how they are different. She seems to be the only person anyone listens to.

Posted by: amaikovich | September 15, 2008 2:14 PM

Why in the world would any sane person want another 8 years of the same thing - in fact worse than the last 8 years?

Another Republican and there will be another war. You can bet on it. Not to mention recession to the point of major depression domestically and globally.

It's easy when you are rich to talk like you are one of the middle class. McCain isn't and never has been, he's an out of touch elitist that will never understand hard working American families.
.
http://www.youtube.com/watch?v=N38Ug_ugzXs&feature=related

Posted by: Paige Palmer | September 15, 2008 2:10 PM

McCain is so full of it. These are the guys who are funding his campaign. So far the only consistency from McCain has been his ability to lie.

Posted by: rcc_2000 | September 15, 2008 2:09 PM

On the day of the stock market crash in 1929, Herbert Hoover said just what John McCain said: "The fundamentals of the economy are on a firm and prosperous basis". John McCain is serving up worthless Republican boilerplate.

Posted by: FilmMD | September 15, 2008 2:05 PM

"This from a Oct 2007 article in The Heritage Foundation."

A nice, objective source of information, that. I mean, it's not like Heritage is one of the most conservative think tanks in the U.S. or anything. Or that they've supported wildly incorrect analyses of issues like global climate change, etc. or anything else their contributors (Exxon, etc.) tell them to.

Here's an easy test for you: look at the economy after the last Democratic administration, and look at it now near the end of Republican rule. Who did better?

Republicans will try to duck and bob, but this is their economy and they need to take credit (or discredit) for it. Otherwise, why vote them in again, since they claim to have no power even when elected?

Posted by: drossless | September 15, 2008 2:04 PM

Read on CNN this morning that McCain says, Lehman Bros aside, and notwithstanding the woes of Merrill Lynch and AIG, the American economy is in good shape. Either McCain is a spoon fed fool, or he is exhibiting signs of senility. Either way, this is not person to lead this country into the future, not after 8 yrs of a disastrous dunce name Bush!

Posted by: str8up | September 15, 2008 2:02 PM

McCain will, yet again, pull out the ole "Noun, Verb, POW" card to shield himself from any criticism over this subject. But this is simply not the case. Instead, McCain suffers from PTCRHMHIOD, or Post Traumatic Can't Remember How Many Houses I Own Disorder. This horrible condition has forever altered the lives of countless Vietnam Vets after their return to the States. In fact, it is the number one cause of divorce between former POWs and their millionaire liquor-heiress wives.


http://www.youtube.com/watch?v=YxT0s_I5WtA
.

Posted by: JennyinOhio | September 15, 2008 2:01 PM

So this old tart continues to lie to Americans about Obama raising taxes while claiming that the fundamentals of the economy are strong. Well Mr. Magoo guess what...the fundamentals are not strong. Inflation is the highest in a long time, dollar is weak, country is in debt and a recession, unemployment has been rising and the biggest financial firms are failing. We're on our way to a 2nd tier nation and you picked an unexprienced hockey mom to be 2nd in command. Meanwhile your campaign manager says that this year's elections are not about the issues. I think he's been watching American Idol a little too much.

Posted by: Ryan | September 15, 2008 2:00 PM

Where is the real John McCain that everyone used to admire? Did he die driving the Straight Talk Express off of a cliff? Did aliens abduct him? Why is he AWOL? Why is he MIA? Where is the man who mocked those who ran campaigns based on lies and sleeze? Why would he engage in such a campaign this year? Is he so insecure about his brand that he needs to run a gutter campaign? Where is the real John McCain we all used to admire?

Posted by: randygoetz | September 15, 2008 1:58 PM

Dumb and Dumber = John McCain and Sarah Palin

McCain/Palin '08

Posted by: playa | September 15, 2008 1:58 PM

ummmmm .... a Democratic Congress and lets see...

"In just 10 months, Congress has passed legislation that would increase federal spending by a combined $454 billion over 10 years and raise taxes and fees by $98 billion over 10 years and has passed a budget resolution that would bring the tax increase to a projected $2.7 trillion."

This from a Oct 2007 article in The Heritage Foundation.
http://www.heritage.org/research/budget/bg2081.cfm

That doesn't count what they've done since last October.

Posted by: McCain/Palin '08 | September 15, 2008 1:57 PM

The economy is strong for those at the top. McCain is a Republican with GOP views of the economy. We can't stand the GOP being in charge of our economy any more. McCain wants to cut taxes for corporations not regular folks. Even Alan Greenspan thinks that is a bad idea. McCain is for trickle down economics which is why he doesn't understand the economy and think it is strong.

Posted by: al | September 15, 2008 1:56 PM


From:
Head of State
http://headofstate.blogspot.com/2008/09/mccain-adviser-quit-doling-out-that-bad.html


Sunday, September 14, 2008
McCain Adviser: "Quit Doling Out That Bad-Economy Line". Also: "Up is Down", "Bad equals Good"

From "Quit Doling Out That Bad-Economy Line" by McCain Adviser Donald Luskin, Op-Ed, Washington Post, September 14.

Things today just aren't that bad. Sure, there are trouble spots in the economy, as the government takeover of mortgage giants Fannie Mae and Freddie Mac, and jitters about Wall Street firm Lehman Brothers, amply demonstrate. And unemployment figures are up a bit, too. None of this, however, is cause for depression...

Full disclosure: I'm an adviser to John McCain's campaign...


Yes.

And black is white.

And up is down, you see.

Freedom is slavery.

Injustice is truth.

I know. A McCain adviser told me so.


This is not the understanding of the average struggling American McCain wants to portray.

This is what we will receive.

Another Bush era.

Personified.

Cite:
Head of State
http://headofstate.blogspot.com/2008/09/mccain-adviser-quit-doling-out-that-bad.html

Posted by: Cara Prado | September 15, 2008 1:55 PM

If you don't wake up, you'll soon find yourself in a breadline.

Bottom line: Bush and McCain are in lockstep with their views and policies on the economy.

It is because of the lack of checks and balances and regulation as implemented by Repubs that we have seen the housing and general financial meltdown.

McCain = more of the same. If you have some sort of weird nostalgia for the Great Depression, then go ahead. Vote McCain.

I for one know we need change. Real change. We need to clean up and better regulate our financial system. Otherwise it's a free-for-all, which is how the Great Depression came to be. And that will come from Obama/Biden.

The economy is NOT sound. Vote for real change now. Obama/Biden -- unless you enjoy being broke.

Posted by: VoiceofReason5 | September 15, 2008 1:53 PM

When asked which of the four presidential and vice presidential nominees is most like them, nearly a third named Palin, the governor of Alaska. Obama trailed with 22 percent, followed by McCain at 21 percent and Biden at 13 percent.

Of those surveyed, 49 percent said they trust McCain more, versus 41 percent for Obama. McCain also trumped Obama when voters were asked who is more likely to fulfill a pledge to lower taxes. Forty-one percent of surveyed voters said McCain, a senator from Arizona, is more likely to live up to his word, versus 31 percent for Obama, the Illinois senator.

The populace is not as dumb as the liberal posters would like you to believe...

Posted by: just the facts | September 15, 2008 1:52 PM

Phil Gramm, John McCain's top economic advisor, is more responsible for the current economic crisis than any other single individual. If elected, John McCain will likely appoint him Treasury Secretary.

Posted by: nirad | September 15, 2008 1:52 PM

Anyone remember Nero fiddling while Rome burned. McCain is the new Nero, aka McNero.

Posted by: playa | September 15, 2008 1:50 PM

McCain's statement today reminds me of Herbert Hoover saying "prosperity is just around the corner." Not unexpected from someone who has participated and encouraged deregulation.

McCain's opposition to bailing out the banks because it burdens the taxpayer is both naive and self-serving. So is his statement that he and Palin are reformers. Hardly.

Even in disastrous economic times, its one lie after another from McCain.

Posted by: Peter | September 15, 2008 1:48 PM

McCain's words were spoken like a fool who doesn't know how many houses he owns.

Posted by: JakeD | September 15, 2008 1:48 PM

I get this feeling that McCain's plan is to activate "his tax cuts" and leave the vast of this country vulnerable, by doing nothing but standing idle and watching the entire situation. That's really what I'm getting out of him. I feel like that's already set in motion today as we speak. That's exactly what I do not want. It's time for a different plan of action. We tried that already, and we see where we are. Next plan!

Posted by: Obama2008 | September 15, 2008 1:46 PM

Posted by: Karen NY NY


In November 2006, the American people gave the democrats a chance, and that was the biggest mistake ever.

Unemployment has risen 4.4% to 6.1%
A housing crisis.
A bank crisis.
A credit crisis.

Change for the worse.

Get rid of the Northeastern liberal democrats and get some kick butt republican women to clean things up.
----------------------------------------
The last thing we need is a woman who can't get her freaky daughter to keep her legs closed. A woman who can't keep her son from doing drugs (Oxy Contin) the worst drug.
A woman who is under investigation for abuse of power.
A woman who believes that GOD sent our troops on a mission in Iraq.
A woman who supports an idiot that would dare say that the economy is still strong! He's senile, and she's just plain stupid. Nawwww I think we'll pass on these two clowns but you are definitley getting your card today. so come on down and get your TARD card today!!!!

Posted by: tiredofstupidrepugs | September 15, 2008 1:45 PM

Ha ha, geez McCain...do you even read these speeches before you march out on stage? FAIL.

Posted by: Eric | September 15, 2008 1:43 PM

After credible sources showed that McCain will leave in place higher taxes, meaning Obama has a plan to lower taxes for especially middle class (unlike McCain), why do they continue those misleading talking points?

Come on Obama/Biden!!! Lay out those ads. Give a nationwide exposed powerpoint of those facts. Lay out the truth!

Posted by: Obama2008 | September 15, 2008 1:42 PM

Republicans don't seem to understand that we organize government to take care of matters that must not fail. Since some failure is inevitable, that means the executive must be someone who not only accepts failure but knows how to work around it.


Do-overs are not an option; neither is doing nothing.


Apparently, if you listen to them closely, McCain is into do-overs big time and Palin is into doing nothing. Her prescription for economic failure is for bureaucrats to sit back and watch the private sector handle it.

http://www.youtube.com/watch?v=IH0xzsogzAk&eurl=http://www.dailykos.com/story/2008/9/12/231843/400

Posted by: Fran | September 15, 2008 1:41 PM

Whenever a Democrat tells you that he's only going to tax somebody else's income, watch your wallet. Bill Clinton claimed the same thing before passing a middle-class tax increase. The top 5% of earners can't afford to support everybody else. Ask not for whom the (tax) bell tolls, it tolls for you.

Posted by: Tom | September 15, 2008 1:41 PM

If Bush was a puppet of oil companies, defense contractors, and other big businesses, McCain is more of the same. All one has to do is look at the people running the McCain campaign. It's filled with the worst kind of lobbyists, and the campaign is funded with federal lobbyist and PAC money, too.


Wake up, America! The country desperately needs real change. We can't allow these powerful interests to continue running our government.

http://www.youtube.com/watch?v=zRpIfTDHG2U&eurl=http://www.dailykos.com/story/2008/9/14/203255/447
.

Posted by: astral99 | September 15, 2008 1:40 PM

big difference today.

McCain was presidential and sought to calm the American people. Didn't want to start a run on banks or scare the average consumer.

Obama cries "the sky is falling" sends people to withdraw all the money from their accounts.

McCain is presidential, Obama wants panic.

Posted by: NoBO | September 15, 2008 1:38 PM

There is nothing wrong with being happily stinking rich and utterly detached like McCain is. Nothing, that is, unless you make criticizing your political opponent as "elitist" and "out of touch" a centerpiece of your campaign. Rick Davis, speaking on behalf of his $100 million man John McCain, earlier this month offered the latest formulation of Barack Obama as an effete, aloof denizen of the upper class:

"Only celebrities like Barack Obama go to the gym three times a day, demand 'MET-RX chocolate roasted-peanut protein bars and bottles of a hard-to-find organic brew - Black Forest Berry Honest Tea' and worry about the price of arugula."

Of course, Davis' "arugula war" is just another attempt at misdirection. After all, John McCain's $5 million threshold where "you move from middle class to rich" is just the latest episode of his enduring disconnect from the real lives of the American people.


For starters, McCain in April declared that there had been "great progress economically" during the Bush years. On more than one occasion, he diagnosed Americans' concerns over the dismal U.S. economy as "psychological." (Phil Gramm, McCain's close friend and adviser supposedly excommunicated over his "whiners" remarks, was back with the campaign last week.)

McCain, a man who owns eight homes nationwide, in March lectured Americans facing foreclosure that they ought to be "doing what is necessary -- working a second job, skipping a vacation, and managing their budgets -- to make their payments on time." And when all else fails, McCain told the people of the economically devastated regions in Martin County, Kentucky and Youngstown, Ohio, there's always eBay.


In his defense, McCain's shocking tone-deafness may just be a matter of perspective. When you're as well off as he is, anything below a $5 million income (a figure exceeding that earned on average by the top 0.1% of Americans) seems middle class.


*The $100 Million Man*
Courtesy of his wife Cindy's beer distribution fortune (one her late father apparently chose not to share with her half-sister Kathleen), the McCains are worth well over $100 million. (In the two-page tax summary she eventually released to the public, Cindy McCain reported another $6 million in 2006.) As Salon reported back in 2000, the second Mrs. McCain's millions were essential in launching her husband's political career. Unsurprisingly, the Weekly Standard's Matthew Continetti, who four years ago called Theresa Heinz-Kerry a "sugar mommy," has been silent on the topic of Cindy McCain.


*The Joys of (Eight) Home Ownership*
While fellow adulterer John Edwards was pilloried for his mansion, John McCain's eight homes around the country have received little notice or criticism. His properties include a 10 acre lake-side Sedona estate, euphemistically called a "cabin" by the McCain campaign, and a home featured in Architectural Digest. The one featuring "remote control window coverings" was recently put up for sale. Still, their formidable resources did not prevent the McCains from failing to pay taxes on a tony La Jolla, California condo used by Cindy's aged aunt.


*The Anheuser-Busch Windfall*
As it turns out, the beauty of globalization is in the eye of the beholder. While John McCain apparently played a critical role in facilitating DHL's takeover of Airborne (and with it, the looming loss of 8,000 jobs in Wilmington, Ohio), Cindy McCain is set to earn a staggering multi-million dollar pay-day from the acquisition of Anheuser-Busch by the Belgian beverage giant, In Bev. As the Wall Street Journal reported in July, Mrs. McCain runs the third largest Anheuser-Busch distributorship in the nation, and owns between $2.5 and $5 million in the company's stock. Amazingly, while Missouri's politicians of both parties lined up to try to block the sale, John McCain held a fundraiser in the Show Me State even as the In Bev deal was being finalized.


*McCain's $370,000 Personal Tax Break*
Earlier this year, the Center for American Progress analyzed John McCain's tax proposals. The conclusion? McCain's plan is radically more regressive than even that of President Bush, delivering 58% of its benefits to the wealthiest 1% of American taxpayers. McCain's born-again support for the Bush tax cuts has one additional bonus for Mr. Straight Talk: the McCains would save an estimated $373,000 a year.


*Paying Off $225,000 Credit Card Debt - Priceless*
That massive windfall from his own tax plan will come in handy for John McCain. As was reported in June, the McCains were carrying over $225,000 in credit card debt. The American Express card - don't leave your homes without it.


*Charity Begins at Home*
As Harpers documented earlier this year, the McCains are true believers in the old saying that charity begins at home:

Between 2001 and 2006, McCain contributed roughly $950,000 to [their] foundation. That accounted for all of its listed income other than for $100 that came from an anonymous donor. During that same period, the McCain foundation made contributions of roughly $1.6 million. More than $500,000 went to his kids' private schools, most of which was donated when his children were attending those institutions. So McCain apparently received major tax deductions for supporting elite schools attended by his children.
Ironically, the McCain campaign blasted Barack Obama for having attended a private school in Hawaii on scholarship. That attack came just weeks after John McCain held an event at his old prep school, Episcopal High, an institution where fees now top $38,000 a year.


*Private Jet Setters*
As the New York Times detailed back in April, John McCain enjoyed the use of his wife's private jet for his campaign, courtesy of election law loopholes he helped craft. Despite the controversy, McCain continued to use Cindy's corporate jet. For her part, Cindy McCain says that even with skyrocketing fuel costs, "in Arizona the only way to get around the state is by small private plane."


*Help on the Homefront*
In these tough economic times, the McCains are able to stretch their household budget. As the AP reported in April, "McCain reported paying $136,572 in wages to household employees in 2007. Aides say the McCains pay for a caretaker for a cabin in Sedona, Ariz., child care for their teenage daughter, and a personal assistant for Cindy McCain."


*Well-Heeled in $520 Shoes*
If clothes make the man, then John McCain has it made. As Huffington Post noted in July, "He has worn a pair of $520 black leather Ferragamo shoes on every recent campaign stop - from a news conference with the Dalai Lama to a supermarket visit in Bethlehem, PA." It is altogether fitting that McCain wore the golden loafers during a golf outing with President George H.W. Bush in which he rode around in cart displaying the sign, "Property of Bush #41. Hands Off."

Posted by: McCain = Bush's third term | September 15, 2008 1:38 PM

As Bush has presided over an eight year economic disaster, McCain has been in lock-step with him. Whether it has been reckless tax cuts for the wealthiest Americans, sweeping deregulation of the banking industry, an endless occupation of Iraq, at $10 Billion per month, McCain is an absolute clone of Bush. If the people in this country feel good about the utter train wreck Bush has orchestrated, then McCain is definately your ticket to a third term.

Posted by: Robert Luciano | September 15, 2008 1:38 PM

JakeD- you still support this woman after you find out that
1. she's under investigation for abuse of power
2. She attended and her husbands a memeber of the Alaskan Independance party.
3. She has a teenage daughter who didn't listen to her abstinence speech obviously
4. Teenage son who didn't listen to her anti-drug speech and was addicted to Oxy Contin until she forced him to enlist.
5. She was for the bridge before she was against the bridge to nowhere.
6. Foreign policy experience is that she can see Alaska from her porch
7. Lied about going to Iraq to see troops
8. Lied about going to Ireland
9. DONT KNOW THE BUSH DOCTRINE
10.Didn't know that all VP selects with the EXCEPTION of her MET WITH WORLD LEADERS!
11. Proud to put a plane on EBAY!

THIS IS THE WOMAN THAT STUPID REPUGS WANT TO HOLD THE LAUNCH CODES TO ALL OF OUR BALLISTIC MISSLES! CHALLENGE PUTIN, DEAL WITH THE PRESIDENT OF IRAN, FIX IRAQ, DEAL WITH AFGHANASTAN, DEAL WITH KIM JONG IL, DEAL WITH CHINA, DEAL WITH RUSSIA AND THE GEORGIAN CRISIS, DEAL WITH SUDAN!!!! THIS WOMAN ISN'T FIT TO LEAD THE PTA! WHAT THE HELL ARE WE DOING HERE? THIS ISN'T A POPULARITY OR CLASS KING CONTEST JUST TO WIN!!!! THIS IS FOR OUR COUNTRY! ARE YOU REPUGS OUT OF YOUR MIND? HE COULD'VE PICKED ANYONE ELSE! THE PARTY IS OVER FOR THE PALIN/MCCSTAIN TICKET. SHE BLEW HER FIRST INTERVIEW AND THIS CLOWN MCCAIN STILL THINKS THE ECONOMY IS STRONG AFTER LEHMAN GOES BANKRUPT, AIG IS GOING BANKRUPT,MERIL LYNCH IS BANKRUPT! THIS TICKET IS DANGEROUS TO OUR COUNTRY SIMPLY BECAUSE THEY EITHER DON'T KNOW OR THEY JUST SIMPLY LIE ABOUT EVERYTHING!

Posted by: AREYOUSERIUOS | September 15, 2008 1:37 PM

In November 2006, the American people gave the democrats a chance, and that was the biggest mistake ever.

Unemployment has risen 4.4% to 6.1%
A housing crisis.
A bank crisis.
A credit crisis.

Change for the worse.

Get rid of the Northeastern liberal democrats and get some kick butt republican women to clean things up.

Posted by: Karen NY NY | September 15, 2008 1:37 PM

Helen, I think what you meant to say was

Right Wing Nutjobs and People Who Don't Know Any Better for John McCain and Sarah Palin 2008

Posted by: Clarification | September 15, 2008 1:34 PM

Lets see, the stock market has lost 20 percent of its value. The housing market is in meltdown. Major finacial firms are failing at an alarming clip. Unemployment is the highest it has been for many years. Most people's income is down from where it was 8 years ago in constant dollars. We have a huge trade deficit. The dollar has lost value significantly. Inflation is creeping up. Yep, seems the economy is sound as can be. Excuse me, Mr. McCain you have just confirmed your earlier remarks that you don't understand the economy. If you think the economy is sound, I would hate to see what it would be like if it were in trouble. I guess if you have 7 houses and 100 million dollars you think things are okay.

Posted by: cdgainesville | September 15, 2008 1:31 PM

Lets see, the stock market has lost 20 percent of its value. The housing market is in meltdown. Major finacial firms are failing at an alarming clip. Unemployment is the highest it has been for many years. Most people's income is down from where it was 8 years ago in constant dollars. We have a huge trade deficit. The dollar has lost value significantly. Inflation is creeping up. Yep, seems the economy is sound as can be. Excuse me, Mr. McCain you have just confirmed your earlier remarks that you don't understand the economy. If you think the economy is sound, I would hate to see what it would be like if it were in trouble. I guess if you have 7 houses and 100 million dollars you think things are okay.

Posted by: cdgainesville | September 15, 2008 1:31 PM

I almost fell out of my bed, when I heard John McCain said the Economy is still strong, and this was after watching The Employees of Lehmann, walk out of their offices with cardboard boxes in their hands. You might not like Obama or Barr, but either one of those guys know a lot more about the Economy than John McCain. When he says he knows nothing about the economy, I believe him.

Posted by: latinovoter | September 15, 2008 1:30 PM

Stupid idiot retards...

We need higher taxes! We have a humungous deficit and are fighting two wars! You are all stupid! Dumb dumb uneducated morons! Lose your jobs, I am a lot smarter than you and wouldnt work in your shyt jobs anyway!

And the rich of you are complete greedy sinisters who have taken advantage of the rest to get where you are.

Republican Party: White business men and the incompetent, gun-toting, bible humping morons they step all over

Posted by: Anonymous | September 15, 2008 1:29 PM

Democrats for John McCain and Sarah Palin in 2008

Posted by: Helen | September 15, 2008 1:29 PM

John McCain is going to have to do more than manufacture an easily refutable lie about Barrack Obama increasing taxes on American's making less than $250,000 to counter his support of the disasterous Bush Policies 90% of the time, and his promise to continue them, that has landed America in this dire economic crisis.

Six of the last 8 years the GOP has controlled the White House and Congress.

America deserves better than a 10% chance at economic stability.

McCain, today, said our economy is "fundamentally sound". I cannot believe how disconnected he is from reality.

Obama/Biden 08

Posted by: Anonymous | September 15, 2008 1:28 PM

Sorry Mr. McCain. You are Herbert Hoover following Calvin Coolidge and 1920s, with the rich having a party and the world's poor sinking lower, in this case, so the White House might not be so desirable now.

You used to go against your party (a "maverick" means nothing to us in the American West, as we would just grab and brand that sucker and throw it back into the herd), but now events have overtaken you and Ms. Alaska. Mitt probably understood all of this better than you. Barack certainly understands all of this better than any Republican. Hey, Republicans . . . ever heard this quote: "Those who don't learn from history are destined to repeat it."?

Posted by: mountainman | September 15, 2008 1:23 PM

Form factcheck.org


QUESTION

Would Obama tax my profits if I sell my home? Would he tax my IRA? Would he tax my water?
I was just sent this and it had 100s of names attached and forwarded over and over – is it real?

ANSWER
No. A new e-mail being circulated about Obama's tax proposals is almost entirely false.
Alert readers may already have noted that this chain e-mail does not provide links to any of Obama's actual proposals or cite any sources for the claims it makes. That is because they are made up.This widely distributed message is so full of misinformation that we find it impossible to believe that it is the result of simple ignorance or carelessness on the part of the writer. Almost nothing it says about Obama's tax proposals is true. We conclude that this deception is deliberate.

Wachovia Apologizes

Update, Aug. 27:One version of this e-mail was sent around by a financial professional, Robert Jenkins, a vice president of Wachovia Securities in St. Louis, Mo. Even though Jenkins is an investment adviser and not a tax expert, we thought his endorsement might seem to some readers to give this false e-mail greater credibility. So we attempted to ask Jenkins about the matter. But instead of a reply from him, we received the following message from another Wachovia official, whose identity we confirmed by telephone:

Thank you for contacting Wachovia regarding a recent email regarding "proposed changes in taxes after the 2008 General election." Please know that Wachovia does not endorse any political party, candidate, or initiative, and that our Firm did not endorse or approve the email as it is contrary to our Code of Conduct and Corporate Values.
Members of executive and departmental leadership in Wachovia Corporation and Wachovia Securities have been made aware of the email, and Robert Jenkins has been dealt with appropriately and directly. Every effort has been made to ensure that no additional emails or communications of this nature will be issued by any member of our Firm.
We sincerely apologize for this unfortunate incident.
Cynthia Plackemeier
Assistant Branch Manager
We later contacted William Mannen, a Wachovia vice president for branch administration in St. Louis. He declined to say whether or not Jenkins is still employed by Wachovia.
Our own sources for the following are Obama's own Web site and other statements, interviews with Obama's policy advisers, and a comprehensive analysis of both the McCain and Obama tax plans produced by the Urban-Brookings Tax Policy Center, plus additional sources to which we have provided links.Home Sales: The claim that Obama would impose a 28 percent tax on the profit from "all home sales" is false. Both Obama and McCain would continue to exempt the first $250,000 of gain from the sale of a primary residence ($500,000 for a married couple filing jointly) which results in zero tax on all but a very few home sales.
Capital Gains Rate: It's untrue that Obama is proposing a 28 percent capital gains tax rate. He said in an interview on CNBC that he favors raising the top rate on capital gains from its present 15 percent to 20 percent or more, but no higher than 28 percent. And as for a 28 percent rate, he added, "my guess would be it would be significantly lower than that." Furthermore, he has said only couples making $250,000 or more (or, his policy advisers tell us, singles making more than $200,000) would pay the higher capital gains rate. That means the large majority of persons who pay capital gains taxes would see no increase at all.

Tax on Dividends: Another false claim is that Obama proposes to raise the tax rate on dividends to 39.6 percent. Dividends currently are taxed at a top rate of 15 percent, and Obama would raise that to the same rate as he would tax capital gains, somewhere between 20 percent and 28 percent but likely "significantly" lower than 28 percent. This higher tax also would fall only on couples making $250,000 or more or singles making more than $200,000.

Taxing IRAs and 529s: Contrary to the claim in this e-mail, raising tax rates on capital gains or dividends would not result in higher taxes on any investments held in Individual Retirement Accounts or in popular, tax-deferred "college funds" under section 529 of the Internal Revenue Code. The whole point of such tax-deferred plans is that dividends and capital gains are allowed to accumulate and compound tax-free, and neither Obama nor McCain proposes to change that. And as previously mentioned, any capital gains or dividend income from stocks, bonds or mutual funds owned outside of tax-deferred accounts would continue to be taxed at current rates except for couples making over $250,000, or singles making more than $200,000.

Doubled Taxes? The claim that "Under Obama your taxes will more than double!" is also false. The comparative rate tables this e-mail provides for McCain and Obama are entirely wrong, as we explained in an earlier article March 13 about another false e-mail from which these tables are copied. It is supposedly a comparison of tax rates before and after the Bush tax cuts, but it grossly overstates the effect of the Bush cuts. Furthermore, Obama proposes to retain the Bush cuts for every single income level shown in this bogus table.

Estate Tax. The claim that Obama proposes to "restore the inheritance tax" is also false, as are the claims that McCain would impose zero tax and that Bush "repealed" it. McCain and Obama both would retain a reduced version of the estate tax, as it is correctly called, though McCain would reduce it by more.

The tax now falls only on estates valued at more than $2 million (effectively $4 million for couples able to set up the required legal and financial arrangements). It reaches a maximum rate of 45 percent on amounts more than that. It was not repealed, but it is set to expire temporarily in 2010, then return in 2011, when it would apply to estates valued at more than $1 million ($2 million for couples), with the maximum rate rising to 55 percent.

Obama has proposed to apply the tax only to estates valued at more than $3.5 million ($7 million for couples), holding the maximum rate at 45 percent. McCain would apply it to estates worth more than $5 million ($10 million for couples), with a maximum rate of 15 percent.

"New Tax" Falsehoods: The e-mail continues with a string of made-up taxes that it falsely claims Obama has proposed. He has not proposed a tax on new homes with more than 2,400 square feet, or a new gasoline tax or a tax on retirement accounts. The most laughably false claim is that Obama would tax "water."
Two claims in this message, while not completely false, are still grossly misleading.

The claim that Obama would impose "new taxes on natural resources" may refer to his support for a cap-and-trade system to reduce carbon emissions, which indeed would impose large costs on industries burning coal, gas or oil and, indirectly, on their consumers. But McCain also supports cap-and-trade legislation, and even coauthored an early version of a bill that reached the Senate floor this year. Obama's plan would give the federal government more of the revenue from auctioning pollution permits than McCain's plan. Whether cap-and-trade amounts to a "tax" is a matter of interpretation. The fact is neither McCain nor Obama call it that.

There is also some truth to the claim that Obama would impose "new taxes" to finance his health care plan, depending on your interpretation of "new." He has said he would pay for much of his plan "by allowing the Bush tax cuts to expire for people making more than $250,000 per year, as they are scheduled to do." That would certainly be a tax increase for those high-income persons, compared with what they are paying now. But whether that's imposing a new tax, or just letting an old one come back, depends on your point of view. It may well be that Obama will eventually propose tax increases to finance some of his plan. We've noted before that the "cost savings" that he says will finance much of his plan are inflated and probably won't materialize, according to independent experts we consulted. But it's wrong to say that he's proposing such taxes now.

The short answer to our reader's question is, no, this message isn't real. It's a pack of lies.

===========
"McCain officials continued to press their case that Obama would raise taxes, a move they said would worsen the financial crisis and threaten the pocketbooks of middle-class taxpayers. (Objective observers have disputed McCain's reading, noting the Obama tax plan does not raise taxes on those households earning less than $250,000.)"

Nice to add that "objective" statement in there. The premise is that raising taxes overall (specficially on businesses) WILL hurt the middle-class taxpayers even if THEIR taxes are not increased. Especially those that lose jobs when overtaxed businesss cut back to retain profits.

So, the real objective question is: will Obama raise taxes overall? The debate is then, will that hurt the middle class taxpayer in any way?

Posted by: Mark | September 15, 2008 1:15 PM

Posted by: Anonymous | September 15, 2008 1:21 PM

Much like Obama doesn't want success in Iraq and attempted to stop troop withdrawal plans with the US government so he could get credit, Obama is scaring people about the Wall Street problem. He would be happy if the American people had a run on banks and make things worse. Obama is scaring people and he is bordering on stoking a panic and crying fire in a movie theatre.

Posted by: NoToBo | September 15, 2008 1:20 PM

Who is in charge for the democrats? Charlie Rangel, Chairman of the House Ways and Mean Committee -- has 4 illegal rent control houses intended for low income renters in NY, can't find the records on the house he sold in Virginia, forgot he got an interest free loan from a billionaire in the Dominican Republican, and owes way more than $75,000 in income taxes that he hid in an offshore bank.

This is the democrat tax plan

Posted by: Karen | September 15, 2008 1:17 PM

Dear Mr. Dale,

It's nowhere near so simple. Increasing the quantity of oil drilled in the U.S. does not automatically reduce the prices of gas (petrol is a better word for it) at the pump.

For one thing oil has not only to be discovered but retrieved. Let's take shale oil or sand oil. This oil is more like tar than the old Hollywood gusher oil and must be coaxed out to the ground. Pumping water or gas into the ground also takes energy. Such problems are compounded if the oil has to be heated to melt it out of its mix of gravel and sand. Steaming oil out of sand that has been stripped out of polar beds is energy intensive and expensive. Add to that the problems that arise if you are in off shore or deeper water and you begin to see the profit margins shrinking.

This was the great attraction to the Bush administration of an attack on Iraq. Only a few million people to move out of the way to get at oil that's relatively near the surface. Around four million displaced and who can count how many dead (I'm not interested in estimates, but you can multiply the deaths of the U.S. soldiers by several magnitudes), this plan seems to be seeping into the sand.

The only realistic plan for energy price reduction is to pursue all available avenues. This also has its price as research into better solar, wind, tidal and geothermal technologies takes time and requires trained researchers.

What this all boils down to is that the U.S. (and the rest of the world) cannot afford the luxury of four more years of the same do-nothing, head in the oil-sands republicans. It will be no picnic for the American people as it is, but waiting four more years will only worsen the economic blight.

McCain has already admitted he knows nothing about economics. His "plan" and its so-called experts, such as the Sen. Graham family, are calling for nothing but more belt-tightening and tax-breaks for the rich. That won't do it.

Ads and cheap phrases do not help, face the facts. Chris Brown in Hamburg

Posted by: Anonymous | September 15, 2008 1:16 PM

"McCain officials continued to press their case that Obama would raise taxes, a move they said would worsen the financial crisis and threaten the pocketbooks of middle-class taxpayers. (Objective observers have disputed McCain's reading, noting the Obama tax plan does not raise taxes on those households earning less than $250,000.)"

Nice to add that "objective" statement in there. The premise is that raising taxes overall (specficially on businesses) WILL hurt the middle-class taxpayers even if THEIR taxes are not increased. Especially those that lose jobs when overtaxed businesss cut back to retain profits.

So, the real objective question is: will Obama raise taxes overall? The debate is then, will that hurt the middle class taxpayer in any way?

Posted by: Mark | September 15, 2008 1:15 PM

The NATIONAL ENQUIRER’S exclusive ongoing investigation of GOP VP Nom Sarah 'Barracuda' Palin’s goes far beyond a mere teen pregnancy crisis this week!

The Enquirer’s team of reporters has combed the Alaskan wilderness to discover the hidden truth about Gov. Palin’s family, which has become a central part of her political identity.

The ENQUIRER has learned exclusively that Sarah's oldest son, Track, was addicted to the power drug OxyContin for nearly the past two years, snorting it, eating it, smoking it and even injecting it. And as Track, 19, heads to Iraq as part of the U.S. armed forces, Sarah and her husband Todd were powerless to stop his wild antics, detailed in the new issue of The ENQUIRER, which goes on sale today.

THE ENQUIRER also has exclusive details about Track's use of other drugs, including cocaine, and his involvement in a notorious local vandalism incident.

“I’ve partied with him (Track) for years,” a source disclosed. “I’ve seen him snort cocaine, snort and smoke OxyContin, drink booze and smoke weed.”

The source also divulged the girls would do anything for Track and he’d use his local celebrity status to manipulate other guys “to get them to steal things he wanted.”

“He finally did what a lot of troubled kids here do,” the source divulged. “You join the military.”

And as Gov. Palin has billed the state of Alaska for various expenses related to her children, as reported by The Washington Post, The ENQUIRER's investigation reveals that she was so incensed by 17-year-old Bristol's pregnancy that she banished her daughter from the house.

Another family friend revealed pre-prego Bristol was as much of a hard partier as Track was.

“Bristol was a huge stoner and drinker. I’ve seen her smoke pot and get drunk and make out with so many guys. All the guys would brag that the just made out with Bristol.”

When Sarah found out the teen was pregnant by high schooler Levi Johnston, she was actually banished from the house. As part of the cover-up, Palin quickly transferred Bristol to another high school and made her move in with Sarah’s sister Heather 25 miles away!

And the ENQUIRER also learned that Levi Johnston, the baby mamma’s future wedded dada, who was glad handed by John McCain at the GOP Convention, isn’t too happy about his impending shotgun nups either.

“Levi got dragged out of the house to go to Minnesota,” Levi’s friend told The ENQUIRER. “Levi realizes he’s stuck being with Bristol because her mom is running for Vice President.”

The friend also confided that both Bristol and Levi “broke up a few times and they definitely messed around with other people.”

Meanwhile, as members of the Palin family’s war viciously over “Trooper-Gate” and claims of Sarah’s extramarital affair have turned the political race into a chaotic arena of threats, denials and vicious attacks by political black ops, The ENQUIRER has discovered shocking new details about the red-hot affair scandal!

For the full story of the secrets Sarah Palin is trying to hide – pick up the new ENQUIRER!

Posted by: Anonymous | September 15, 2008 1:13 PM

I don't see how McCain and the Republican Party can claim they'll clean up Wall Street, when their very philosophy is the de-regulation and lack of oversight that led to the current mess. All those Wall Street people always vote Republican so that they can speculate with abandon and don't have to pay their fair share of taxes. If McCain wants to clean up Wall Street, he'll have to adopt Obama's policies (which he's having trouble not doing, considering now that he's talking about "change", "transparency", etc. -- all Obama's points from Day One). So, why not just have Obama carry out his own policies, rather than some half-baked, last-minute, half-hearted attempt by McCain? As for this bi-partisan criterion for the candidates "taking on their own party" -- of course McCain has to take on his own party! The Republican Party has been touting wrong-headed policies that give us Wall Street out-of-control speculation and the Iraq War. Wrong question. They should just ask, what policies in their party don't make sense and have landed the country in its current messes.

Posted by: NKirv | September 15, 2008 1:12 PM

What a joke -

McCain bears direct responsibility for his overwhelming support of the failed Bush policies of financial institutional deregulation and lack of enforcement in the existing regulatory agencies. Wasn't McCain caught with his hand in the cookie jar of a Fed Bail-out bank, and is there any doubt McCain admitted tho filing false tax returns by not reporting gifts from the same failed S&L.

Bottomline: McCain is barely economic literate and fails to offer any fiscal responsible plans for the future = McCain does not have the judgment or competence to deal with the collapses in the US financial markets.

Posted by: Paul | September 15, 2008 1:12 PM

McCain --- blah, blah, blah, I care about your probems, blah, blah, blah .... My opponent doesn't get it, blah, blah, blah .... we will win this election .... blah, blah, blah .... I'm going to reform Wahington, the city has grown corrupt ....
blah, blah, blah ....

Posted by: disillusioned | September 15, 2008 1:11 PM

As one of Keating Five scam artists who profited from the Savings and Loan Scandals of the 80's McCain has no credibility when it comes to the current economic crisis we face. He himself admits he know very little about the economy and can only repeat the policies of Bush who has run up the worst deficits since Ronald Reagan. McCain will be has supported the combination of huges expenses for the Iraq War and tax cuts for the extremely wealthy that has helped to drive our economy into the dirt. A weak dollar resulting from the resulting heavy debt has contributed to the high price of oil in the US and hurts everyone except Big Oil who will receive huge subsidies under McCain. He can't manage his own campaign with out the Bush/Rove managers that have destroyed his image as a straight-talking maverick - how can he be pretend to comprehend the complexities facing the global economy?

Posted by: jefflz | September 15, 2008 1:11 PM

I'd just like to add....

They are out of their FREAKING MINDS.

Posted by: alison, independent | September 15, 2008 1:10 PM

Of course what John McCain says is absolutely ridiculous...

It is REPUBLICANS who deregulated the financial industry. FREE MARKET remember?

Is anybody listening, are you all sooooooo stupid? Do you even know what your own party supports?

He wants to clean up wall street? It's clean as hell, these people got filthy rich in the free market. And now all their employees and all of us are paying dearly with an economy in shambles.

REGULATION is what is needed, no question. DEMOCRATS ARE FOR REGULATION!!! Republicans are not, these are fundamental tenets of their philosophies.

But you guys are a bunch of ignorant fools anyway, you wouldnt know a god damn thing about anything.

Funniest stat: 49% of ohioans believe McCain will improve our image abroad vs. 41% for Obama. Only, every nation in the world prefers Obama by overwhelming margins.

By the way, America was built in the cities, not small towns you ignorant, self-righteous morons. America BUILT small towns when the cities got too full, especially in the move to suburbia after WWII, and reserved them for whites only, what a tradition you small towns have.

Democrats BUILT those highways that take you to your small towns during the New Deal, and our Liberal spending has funded your small towns and rebuilt your roads and bridges.

Now your distance from the places where anything useful gets accomplished has led to 50 mile drives to work, polluting much?

Ruin our country and look to a mythical nonexistant, racially segregated past. Thanks for nothing.

Posted by: alex | September 15, 2008 1:09 PM

This is too good.
In Google news under election top stories these 3 headlines came up in this order:

John McCain vows to 'clean up Wall Street'
Los Angeles Times, CA - 51 minutes ago
The Republican presidential candidate says he and running mate Sarah Palin can fix economic troubles with new financial rules. ...

McCain: Fundamentals of Economy are Strong
Washington Post, United States - 40 minutes ago
By Robert Barnes and Michael D. Shear JACKSONVILLE, Fla. -- Wall Street's economic meltdown prompted sharp exchanges between the presidential campaigns on ...

McCain: Taxpayers’ $ not solution to Wall Street failures
FOXNews - 46 minutes ago
by Mosheh Oinounou JACKSONVILLE, FL — As Wall Street copes with the failures of the financial market, Sen. McCain argued Monday that the government should ...


Almost as amazing as his VP pick!

Posted by: alison, independent | September 15, 2008 1:07 PM

How the *^%& can McCain say that

a) the fundamentals of the economy are strong and

b) That he is going to fix Wall Street and the Banking System? HIS FAMILY IS UP TO THEIR NECKS IN THE FAILED SILVER STATE BANK, the 11th bank to fail this year.

He is Out of touch and full of Hubris!

OBAMA/BIDEN 08

Posted by: SueM | September 15, 2008 1:07 PM

I think it's funny that people think that whole "drill baby drill" thing would help America.

Look at the ads on TV- the one i saw last night, pointed out the benefits of drilling offshore, and said "America has untapped sources" for oil.

And who was running this pro-drill ad?
BP.

The British Petroleum giant. BP!!!

Yeah, right, let's drill more so BP can have more oil.
Great idea, dummies.

Posted by: julie | September 15, 2008 1:07 PM

McCain is a fundamental idiot when it comes to the economy. There no way his party can fix what they can't even see.

Posted by: Anonymous | September 15, 2008 1:07 PM

It's time for the Obama camp and DNC to go after McCain HARD on the economy.

There should be an ad going up tommorrow using McCain's own words against him. I can see it now:

Announcer: After nearly 8 years we've seen the collapse of Enron, the largest increase in the national debt ever, over 600,000 jobs lost in 2008, and the largest financial crisis since the Great Depression.

Then cut to a cut to GW Bush's comments about the economy being strong (from the past to even TODAY)and McCain's comments about the economy being strong (from the past to even TODAY). Then the ad ends with a picture of GW Bush and McCain embracing with announcer saying "The economy strong? Where have we heard that one before? America can't afford 4 more years of this!"

Posted by: Obama-Junkie | September 15, 2008 1:05 PM

McCain really is out of touch! He doesn't get it at all!
My grocery bill went up 30% last month, for the same amount of food!

Since he doesn't have to do his own grocery shopping or pump his own gas, McCain doesn't understand. (Obama, I'm sure, doesn't pump his own gas either, but it's a recent development, just since he started running for prez, and at least he remembers what it's like to be in debt- having paid off his own debt just 4 years ago.)

If McCain had to count his money or balance his own checkbook, he'd see how much his grocery bill -like mine- has gone up, and how outrageous the cost of filling your gas tank is.

I'm sure the economy looks fundamentally sound when you're looking down from your perch of $100 million bucks like McCain.

Posted by: jd | September 15, 2008 1:02 PM

There's a non-partisan computer program on the web that lets you calculate how much money you would save in taxes if Obama is elected. It takes about 1 minute.

http://alchemytoday.com/obamataxcut/

Posted by: Paul Sunstone | September 15, 2008 12:55 PM

In recent weeks, John McCain and the Republican Party have blatantly and without any shame adopted the Democratic campaign theme of “change”. It should be evident to an objective observer that Bush 43 and now McCain and Pailin are mere puppets to the true Republican national party leaders who control their strings. Cheney is one of the few of that inner cabal that have been calling the shots since the Nixon administration. They are in fact a continuation of the Nixon and Ford presidencies with only a disruption during the Carter and Clinton years. Bush 41( Head of the RNC during Nixon, former head of the CIA,VP to Reagan, and president is probably the real leader of this political Cosa Nostra if not a equal partner of this power sharing musical chairs game. His right and left hands have been Dick Cheney(former Sec.of Defense of Bush 41, former White House Chief of staff for Ford) and the other is Donald Rumsfeld(former Sec. of Defense for Ford and Bush 43,former special envoy to the Middle East during Reagan). Another member of this group, more likely a captain if not a full blown boss himself is James Baker (former C.O.S of Reagan, former Under Sec. of Commerce for Ford, former C.O.S and Sec of State for Bush 41, former Sec. of Treasury for Reagan, former chief legal advisor to Bush 43). Another captain or free lance enforcer is Karl Rove a college drop out and campaign manager for both Bush 41 and 43, also for Phil Gram who is McCain’s economic advisor.
Lets look at McCain’s staff of change.
On July 2, 2008, Steve Schmidt was given "full operational control" of McCain's campaign. Steve Schmidt prior to this was a top aide to Dick Cheney and a protégé to Karl Rove. Another advisor is Charles R. Black worked for Ronald Reagan's two Presidential campaigns in 1976 and 1980 and he was a senior political adviser to the 1992 re-election campaign of George H.W. Bush. Another advisor is Randy Scheunemann. He was project director for the Project for the New American Century. A neo-conservative think tank founded by non other than Dick Cheney, Donald Rumsfeld and Bill Kristol and others in 1996. Other signatories to this group reads like a who’s who of the last 8 years of the republican administration.
These people have never cared about small town america or “values” All they care about is war profiteering. Many of the signatories have never served in the military. Cheney and Rove both dodged the draft. Look at the statement of principles by the PNAC. Rumsfeld was a good friend of Saddam Huessin in the 80’s Cheney didn’t want Nelson Mandela free. These are the real puppet masters, they throw out the talking points about the left of being elitist and not caring about middle america and these same guys other than Rove have advanced degrees and are worth no less than 10 million dollars. People who support them need to extricate their heads out of Limbaugh and Hannity’s asses and see what is really happening to them. McCain is not his own man he confuses stories of his real life with a book he read “The Gulag Archipelago", in which a fellow prisoner - not a guard - silently drew a cross in the dirt with a stick.” An ironic twist to all this is Eliot A. Cohen, a signatory to the PNAC "Statement of Principles", responded in The Washington Post: "There is no evidence that generals as a class make wiser national security policymakers than civilians. George C. Marshall, our greatest soldier statesman after George Washington, opposed shipping arms to Britain in 1940. His boss, Franklin D. Roosevelt, with nary a day in uniform, thought otherwise. Whose judgment looks better?"
http://www.telegraph.co.uk/news/newstopics/uselection2008/johnmccain/2581086/John-McCain-accused-of-plagiarising-Wikipedia-for-speeches.html. Even if you don’t like Obama there is no-way a sane person can want this continued blatant fleecing of our Nation.
Thes are all verifiable facts and can be found just with a google search. AIPAC and PNAC are the military industrial complex.
Other than the ultra affluent, how can anyone support the Republican Party? When will small town America realize that they are being duped into supporting the ultra-affluent agenda? The talking points of the right are so hypocritical that it becomes laughable. The red meat of the right is the so called Main stream Media as if Limbaugh, Hannity, et al. are not part of it. They demean celebrity status, however they tout one of their greatest presidents(Reagan) was an actor. They say they are the party of patriotism, yet many of the upper echelon of the party have never served, i.e. Cheney, Rumsfeld, Baker, Reagan. They say that they care about "Main Street" USA but only bail out the Whales of Wall Street. Yet small town America eat this tripe every year. They don't care about religion unless it can be used to stir up the base, nor science or technology unless there is a buck to be made. Small town America takes pride on its freedom but yet don't realize that over time we are becoming less free, ie wire tapping and other forms of domestic surveillance. They demean people of intelligence because they know many people of small town America don't have degrees and use it at a fake issue and call people who spent time in academia as elitist when many on the right serve on university boards and have part-time professorships. They say they are against affirmitive action but yet celebrate mediocrity, Bush43 and McCain graduating at the bottom of their classes. Who both came from already well established families and had all the opportunities and connections to excel. Why does small town America believes this is the party for them? Christian conservatives seem to the be the first ones who want to go to war and bomb someone before any diplomacy is tried. Why can't small town America and Christian conservatives realize they are being used as pawns just as much the Islamic fundamentalist are. Islamic fundamentalist come from small town Middle East and given the same kind of talking points as the evangelicals. They want prayer in school, no choice available to women, and believe to the core that their ideas about worship and country are the best. Wake up small town America you are being duped.Talking about who is more patriotic, symbols, lipstick and wearing pins are nothing more than distractions to the real issue of how a few select group of people have held power almost continuously for over 30 years. Yes the left has their own political power groups but none have been so effective at pushing forward an agenda that is fundamentally bad for the U.S. and in a larger view the entire world. I stress again the now defunct PNAC and the AIPAC have been slowly pushing us closer to another World War. Bush41 and et al have been doing this and no one calls them on it. Every Republican administration has basically the same people recycled since Nixon. Just do a little research and you will see that these people are just pushing this agenda of some kind of Pax Americana and not taking into account that maybe other nations of the world might not like that and if not bomb them.Many people who support the Republican party, really need to read "1984" by George Orwell and see how we as nation have been inching closer to that type of society. People think this story is about a communist society, but it is more about how a society is kept in a constant state of fear in order for the ruling class to stay in control. Doublespeak, patriotism to the point of frenzy, censorship, erosion of civil liberties (not respecting the Constitution) is happening right in front of us. The consolidation of government (the executive branch has never been more powerful than ever, gridlocked legislature with only two parties for representation, a judiciary that just kowtows to the executive branch). No real independent journalism. Cameras placed on every street corner. This may sound like delusional conspiracy stuff, but I implore people to research for themselves to really see what is happening to them. People think this could never happen here in the U.S. but all this has already happening, slowly, incrementally all under the guise of "keeping America safe

Posted by: Anonymous | September 15, 2008 12:50 PM

Hey JakeD, you seem to be a pretty knowledgeable guy, can you answer the question below?
---------
Will someone please explain to me how drilling for more domestic oil and selling it on the world market will lead us to energy independence?

I keep asking the "drill, baby, drill" crowd but I have yet to receive an answer.

Posted by: Anonymous | September 15, 2008 12:22 PM

quite simple actually, theres a 10 year gap between an even possible energy change in the current status, most argue that 20 years is a bit of a stretch for full alternative energy source acceptance and use, that doesnt even count being fully independent, just being capable of intermingling into the basic use and economical balance of society.

during those 10-20 years there is potential of nuclear war, middle eastern civil wars, and the falling dollar to capitalize on the growing dependency on oil.

for an example, let me take you out of the oil debate. when america was attempting to get out of our system and adopt the metric system, it was forced quickly upon us, and our dependency has made us unchangeable for years since. should we adopt obamas plan we risk running the same conceptual reality, yes, its a bit hard to comprehend, but energy independence can lead to dependency, its happened before. (look at any person addicted to drugs/alcohol who trys to go cold turkey, its proven that patches help).

the purpose is to keep money in our own country, when we keep the money in our own country we are more likely to be able to use it to grow as a nation (tho it is obviously not assured). mix that in with a safety net in the event a major catastrophe happens. and fairly decently fixed prices on oil for the next 10-20 years.

its the only foreseeable means of reaching a time when energy independence is possible. all other methods leave us more dependent than we already are.

Posted by: dale | September 15, 2008 12:49 PM

Gee.....I guess Mrs. McCain's fortune is doing just fine!!

....what a foolish old man.

Posted by: toritto | September 15, 2008 12:43 PM

Rome is burning while the Repubs are smearing lipstick.

Posted by: Smeared Lipstick | September 15, 2008 12:33 PM

....Banks are failing, unemployment rising, gas prices rising...and all this while Bush 2 and McCain kiss and hold each other hand while america burns....

...The economy is funamentally strong....
now we see that it is not true...wrong again McCaint and peeeuuu Palin....

....how pathetic is McCaint and peeeuu Plain and their "followers" to say actually say and defend yet another lie....

More lies and more facts....more lies are forming as we speak and here's a new one...
...."there was no hurricane in Texas just a slight drizzle....."

"or its Obama's fault....."

I think that the RNC/GOP is becoming more and more schizophrenic by each passing day.....

Posted by: AlexP1 | September 15, 2008 12:24 PM

Hey JakeD, you seem to be a pretty knowledgeable guy, can you answer the question below?
---------
Will someone please explain to me how drilling for more domestic oil and selling it on the world market will lead us to energy independence?

I keep asking the "drill, baby, drill" crowd but I have yet to receive an answer.

Posted by: Anonymous | September 15, 2008 12:22 PM

I'm sure Senator McCain also has a "strong dollar" policy like the current administration...

Posted by: Anonymous | September 15, 2008 12:21 PM

He needs to stop saying this. Sounds way too much like Pres. Bush and his "strong fundamentals" rhetoric. Voters are cringing...

http://www.political-buzz.com/

Posted by: matt | September 15, 2008 12:18 PM

Will someone please explain to me how drilling for more domestic oil and selling it on the world market will lead us to energy independence?

I keep asking the "drill, baby, drill" crowd but I have yet to receive an answer.

Posted by: Anonymous | September 15, 2008 12:17 PM

Puttin Politics; before our soldiers!!

Barack Obama privately tried to persuade Iraqi political leaders to stall an agreement on scaling back American troops in Iraq while publicly campaigning for a speedy withdrawal, The New York Post reported Monday.

Obama’s request for a delay was a major theme of his talks with Iraqi leaders in Baghdad in July, Iraqi Foreign Minister Hoshyar Zebari said in an interview with the Post

as an american, I am appalled,
that obama puts his political
career ahead of american lives!

NOBAMA

Posted by: usa3 | September 15, 2008 12:16 PM

Howard:

Obamaniacs would defend him even if he REPEATED the comment after all this dust-up ; )

Posted by: JakeD | September 15, 2008 12:14 PM

It's interesting how the dems continually slam Carl Rove, until his statements reinforce their vitriol for the republicans. I don't care what the media says, if you connect the dots, it's obvious that Obama's lipstick/pig comment, which came just days after Palin scored points with her pitbulll/lipstick statement, was an ugly sexist response from Obama. Now, Obama is crying that he was misinterpreted, while the media, once again assists him in playing the victim. The deck has been so stacked in favor of Obama, whether it's the media's refusal to vet Obama in the first place, to giving Obama free rides with Wright, Farrakhan, Rezko, Ayers, etc.. The media, as well as shows like The View, are continuing to show extreme bias against Senator John McCain, while kissing Obama's ass.

Posted by: Howard | September 15, 2008 12:12 PM

so basically what your saying is, obama thinks everyone should run on the banks. while his investors pocket the financial bonuses.

and mccain wants to tighten the budget of government so that the economic fundamentals can play out and increase the economy.

mccain palin 08 country first

obama/biden 08 change (you dont have to comprehend it, just beleive it and vote for it).

Posted by: dale | September 15, 2008 12:08 PM

McShady is at it again with his lying. Loose lips must down airplanes too. lol Where's Carribou Barbie to save the day? lol
++++++++++++++++++++++++++++++++++++++++
"Fool me once, shame on -- shame on you. Fool me -- you can't get fooled again." -- The President of the United States of America - George Bush...

Posted by: wait a minute chump! | September 15, 2008 12:04 PM

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