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McCain Speaks at Clinton Initiative


Sen. John McCain is thanked by former president Bill Clinton after speaking during the Clinton Global Initiative in New York September 25, 2008. (Chip East/Reuters)

By Michael D. Shear
NEW YORK -- The morning after he declared he would suspend his presidential campaigning and return to Washington to deal with the U.S. economic crisis, Sen. John McCain made one last campaign stop, speaking at a conference on global issues organized by former president Bill Clinton.

Addressing his dramatic call for a pause in the intense presidential campaign, McCain said he intends to "join" the debate in Washington over how to address the meltdown in the country's financial institutions.

"I cannot carry on a campaign as though this dangerous situation had not occurred, or as though a solution were at hand, which it clearly is not," McCain said. "With so much on the line, for America and the world, the debate that matters most right now is taking place in the United States Capitol -- and I intend to join it. Senator Obama is doing the same. America should be proud of the bipartisanship we are seeing."

His comments came even as there were indications that lawmakers may already be closer to a deal on legislation to address the crisis. But McCain offered a pessimistic assessment of immediate success.

"It has become clear that no consensus has developed to support the Administration's proposal to meet the crisis," he said. "I do not believe that the plan on the table will pass as it currently stands, and we are running out of time."

Following McCain's visit to the conference, called the Clinton Global Initiative, the Republican nominee is scheduled to return to Washington and his Senate office to begin discussions about the economic rescue package.

Later in the afternoon, McCain and his rival, Sen. Barack Obama, are scheduled to meet at the White House with President Bush and congressional leaders.

"This kind of cooperation has made all the difference at crucial turns in our history," McCain said. "It has given us hope in difficult times. It has moved America forward, through all adversity. And now, in this crisis, we must work together again and put our country first."

Aides had promised a non-partisan speech from McCain this morning, and he largely delivered, praising the Clinton organization for "the good work you have done to relieve suffering across the earth, and to spread hope."

The Global Initiative was started by Clinton to help address some of the world's most intractable problems. It has sought to address malaria in African countries, support women farmers in Pakistan, improve worldwide education and build solar power in Ethiopia.

McCain declared his support for efforts to combat global warming, dropping his stump speech demands to "drill here, drill now" in favor of more "green" rhetoric that would appeal to the crowd at the conference.

"To make the great turn away from carbon-emitting fuels, we will need all the inventive genius of which America is capable," he said. "We will need as well an economy strong enough to support our nation's great shift toward clean energy."

He pledged support for the organization's efforts to combat malaria, saying that "should I be elected, I will build on these and other initiatives to ensure that malaria kills no more."

McCain promised that as president he will work to improve world health and combat AIDS, in part by promoting free trade and ending unfair subsidies for medicine and other goods.

"I thank you for the even greater works that you seek to accomplish in the years to come, under the leadership of the man from Hope," he said. "And I thank you all for your kind attention here today."

Clinton introduced McCain by saying that he "could never have known the circumstances that would be present today, with an American financial system teetering and under assault."

But he praised McCain and Obama for making an unprecedented decision to issue a joint statement and say that "we're just going to figure out what to do and do the right thing."

And Clinton gave McCain credit for being willing to examine the issue of global warming when many in his party did not believe that it was a danger to the future.

"When most people in his party were thinking that global warming was overstated and maybe even a myth ... he decided to look into it," Clinton said.

By Washington Post Editor  |  September 25, 2008; 9:27 AM ET
Categories:  John McCain  
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Comments

I am just wondering how Bill really feels about Obama? http://www.theobamaplan.com

I really miss seeing Bill Clinton debate. Now he was a great debater. I was just watching his debates the other day on WatchDebate.com http://www.watchdebate.com

Posted by: pastor123 | September 26, 2008 1:19 PM | Report abuse

i see we got some fox news people in the house they done got you devide and concour. and that is a good point why won't some one put her paster on utube. and yes we done got about four or five suporters for mcsame because they had to like what bush has done to this country look all these jobs have been created over the last eight years and the stock market is booming, and know one has lost there houses in years, the unemployment is so lower than ever before can't you see it mcsamies...ya right... and plus they can not be trust how many people have heard of the truth squad? this is group of people get together and find out if the canidates is telling truth about what they are preaching on the trails they investagate and find documents that suports what they are saying and mcsame and palin have super lies the lies done been exposed and they are still telling them.. and that is the reason that truth will prevail and that shift is in progress in the olls and you can rest assure that Democrate ,Obamicans and independent. young old rich or poor because the light all always expose the liers any how..I DON'T VOTE FOR PEOPLE WHO TELL LIES BECAUSE if i do that's like me saying lie to me to please just like bush did in 2000-2004.VOTE OBAMA'08VOTE OBAMA'08

Posted by: obama1 | September 25, 2008 6:26 PM | Report abuse

ok we got the prayer about the spirit of wickcraft out the way. what about that lie demon that she has a problem with you might need a little more with that maybe some fasting & and laying hands on of prayer.....

Posted by: obama1 | September 25, 2008 5:42 PM | Report abuse

Ok I know I'm the minority on this. I am a registered Democrat from Philadelphia, grew up the city, graduated college and have a great started a great career. I sit here everyday and listin to the Washington Post and other blast Republican's on this and that, some are warrented and other are not. So this election I decided to not listin to CNN and let them decide my choice and actually get lesson from both sides about the candiates.

After all said and done I'm strongly in favor if McCain. And here some of the reasons why.

#1 Im tired of hearing McCain is 4 more years of the last 8. Yes it is very catchy, however, they are two different people. If George Bush III running then maybe. The only thing they have in common is their party. If Bush was a democrat would it be fair to compare Obama to him.

#2 Sarah Palin... Like I said i am a registered democrat and actually voted for obama in the primaries. However, I find it quite rediculous how so many people can say Sarah Palin isnt qualified when she has the same experience OBAMA has. The same people in the primaries argueing that experience shouldnt matter because OBAMA is for change. Just because you might not like the woman doesnt mean the same shouldnt exist for her.

#3 Fanny Mae and Freddie Mack. The biggest recipiant for donations and earplugs in the senate was......... chris dodd (over 9 yr span).....#2 was OBAMA (less then a 3yr span), I jus found that a little remarkable for a guy who prides himself on change and like most I bought into it at first.

#4 I love how race gets brought into this equation concerning how it is the only way obama will lose. I dont know if anybody who doesnt live in the city knows this but the new registered voters among African Americans are astounding and are well over the record amount. Obama actually said it best there will be people who wont vote for me cause im black and there will be those who will vote for me cause i am black. Someone please inform JACK CAFFERTY of that. Its a stupid issue and theres no need for it.

#5 I love how McCain and Palin history is looked at with a microscope. Will please one reporter do your job and look into rev. wright and william aire and not just take obama word for it. Like if reporters would actually do their job and not just report against the side that they arent in favor of maybe this country would be able to make a better judgement.

#6 The add that Hillary Clinton ran was pure genious about who would you want answering the phone at 3 in the morning about a national crisis. Say what you want about McCain and his policies but I feel alot safer with him in office. Atleast then I wouldnt have to worry about a plane flying through my window.


Obama cannot make a clear stance on anything this whole election process, if you look at this at a neutral point of view you have to agree. I give the man credit he is a good speaker and can really apeal to people but this isnt a vote on who can get along wit people the best its for who is going to protect the country.

PS- Im not even a big Hillary supporter but if she was the democratic nominee I would vote with my party, but since she isnt I like McCain more then Obama.

Posted by: lilmar04 | September 25, 2008 4:45 PM | Report abuse

I'm not worried about Mccain, I'm worried about the rapscallions he'll bring with him into the White House. We need to fumigate that place. We don't need Bush Lite. That is a really terrible beer. The Clinton's are really transparent with their tepid support of Obama.

Posted by: Coemgen | September 25, 2008 4:16 PM | Report abuse

this not make know kind of sence for mcsame to stoop to this level and think that american people or stupid. now either he is trying to to push miss palin debate up to another date or he is trying to see if he can get his numbers up in poll by pulling this off but it is weak as water what is he doing like when he goes to washington people are surpose to stop and listen to him like he is the man and he is goiing to handle everything by is she...

Posted by: obama1 | September 25, 2008 3:56 PM | Report abuse

Independent4tw:

Or, 4) Pro-lifers who do not hate Obama, but just cannot support abortion.

Posted by: MarkInAustin | September 25, 2008 3:38 PM | Report abuse

president clinton founded fannie mae freddie mac he did it to help people who might not be able to have a home of their own any other way you could get a loan with no down and very little red tape green span put interest at 1% no regulation these people did not have ahome for a reason they had poor credit for a reason they did not pay their bills when the democrats are in control they add to the welfare rolls and take money from the people who want to work hard for aliving and give it to the people who dont want to work both bush and mccain asked that policies of freddie and fannie be looked into but the dems blocked it we now have a democrat controlled senate and congress since 2006 this happened on their watch sen dodd is chairman of the senate finance comitte hy did he not see it coming could it be he was out trying to be democrat canidate for president

Posted by: grhtravel | September 25, 2008 3:11 PM | Report abuse

IF YOU LIKE MCCAIN, YOU ARE ONE OF THREE PEOPLE.

1) You are wealthy and powerful. If Obama becomes president you may pay
more taxes. This annoys you because you are selfish and you want all the
money in the world to yourself. Screw the poor people, if they want food
they should get a better job. You have been voting for a while, and you
are use to this process.

2) You are completely ignorant to the policies of each candidate. You sit
at home watching football and get annoyed at the commercials you see. Your
education ended when you stop taking classes, and you refuse to be open to
learning new ideas. McCain reminds you of someone you would hangout with.
You probably will not vote, but if you do you will vote without actualy
knowledge of what you are doing.

3) You hate Obama. Not because you know anything about his policies, but
because he is not like you. His religion, race, skin color, drive to
succeed, wife, kids, home city, favorite songs, or life choices piss you
off. You could care less what he plans to do with the country because you
are sure that the flaw that pisses you off will not allow him to be a good
president. You are the worst American voter.

Posted by: Independent4tw | September 25, 2008 2:58 PM | Report abuse

Fannie and Freddie NOT the main cause of our economic distress.

http://www.reuters.com/article/newsOne/idUSN1837154020080918

Posted by: AgnosticEngineer | September 25, 2008 2:28 PM | Report abuse

"There literally is nothing for McCain to do in this deal other than vote."


You forgot avoiding Friday's debate... :)

Posted by: AgnosticEngineer | September 25, 2008 2:11 PM | Report abuse

"I think you need to youtube Sarah Palin's minister, this guy makes Rev. Wright look like mother Teresa."


I like how they speak in tongues. That's something you don't see everyday. How biblical (translation: nuts)...

Posted by: AgnosticEngineer | September 25, 2008 2:10 PM | Report abuse

AP reports that Chris Dodd has stated that they (meaning the committee) have heard from Sen. Obama on numerous occasions on this rescue plan and have not EVEN HEARD ONCE from Sen. McCain during the entire negotiations.

"He has had ZERO involvement" said a congressional aide.

Posted by: JRM2 | September 25, 2008 2:05 PM | Report abuse

There literally is nothing for McCain to do in this deal other than vote.

He nor Obama are on the committee that is shaping this rescue plan.

Posted by: JRM2 | September 25, 2008 2:00 PM | Report abuse

I can picture McCain arriving at the Capitol, bursting through the doors as the deal is signed running down the hall screaming "Fire everyone!!!, Fire everyone!!!"

Posted by: JRM2 | September 25, 2008 1:58 PM | Report abuse

Another delusional McCainiac (KMichaels) writes:

"Control of congress never means absolute control. Logic teaches us this simple fact.

When it comes to a specific bill (S.190) then who is in control is only significant if the MAJORITY of the party in control is found on the wrong side of an issue.

In this case, the issue was regulation of Fannie Mae and Freddy Mac. In this specific case 97% of the dems were against this regulation and 95% of the republicans were in favor of it.

Do the numbers. It has nothing to do with who is "in control" as the idiot leftists would have you think.

In order to break a 50-50 vote you can take 100% of the minority party and add just a few percent of the majority party and the bill is dead. That is what happened in this case.

So, who is to blame? 97% of the democrats and 5% of the republicans. This is not rocket science."

Funny how this "math" and "simple logic" seems to get lost when repubs blame everything on the "Democrat-controlled" Congress of the last 2 years.

Posted by: swingforthefence | September 25, 2008 1:57 PM | Report abuse

"Seeing what kind of flakey radical teachings that Obama subscribed to in his chosen "Christian" church is very telling"
Kmichaels
---

I think you need to youtube Sarah Palin's minister, this guy makes Rev. Wright look like mother Teresa.

Oh, and as far as Obama being a muslim plant, don't 'ya think he would have a t least changed his name?

Posted by: JRM2 | September 25, 2008 1:55 PM | Report abuse

"I am now certain that obamiden worshippers are among the dumbest animals on the planet

obamiden is so completely out of touch

here is REALITY for those of you who are not obamatards like letterman;

we are in debt

we are at war

we just spent billions last spring in an emergency economic stimulus package

we just spent 85,000,000,000 in an emergency bailout of a major company (one which obamiden does not even know the correct name)

and NOW we are supposed to agree to a ... 7 0 0 , 0 0 0 , 0 0 0 , 0 0 0 $ $$$$$$$$ emergency bailout (and supposedly things are so bad that we have to do it in a hurry ?)"


THANK YOU REPUBLICAN LEADERSHIP!!!


"mccain gets it

obamiden is out of touch"


THIS IS THE 21st CENTURY. WE HAVE TELEPHONES, COMPUTERS, AND THE "INTERNETS". WHO'S OUT OF TOUCH?

Posted by: AgnosticEngineer | September 25, 2008 1:52 PM | Report abuse

The other day during his press conference, Obama was more focused on the economy and more presidential than McCain. McCain is short sighted and acts like he knows about the economy and "maverickly" makes statements like "The "fundamentals of our economy are strong" and if president he would fire SEC Chairman Republican Christoper Cox. McCain realized that the President can't fire Cox, so he amended his statement (again) and said he would ask for FEC (I think he meant SEC) Cox's resignation. McCain acts impulsively and attacks Obama, while Obama consults with prominent Economists, holds a press conference and takes questions and answers from the press. He decides to put the country first before his politics concerning McCain. That day was one time McCain should have agreed with Bush about not playing the blame game. McCain seems like he's a couple of steps behind. I like the way Obama took his time and evaluated what was going on with the economy. He even talked about the economy from a global perspective.
PS Rip Van Winkle woke up yesterday, held a press conference and finally met with people who might know something about the economy. I was wrong. I said that McCain seems like he's a couple of steps behind. The truth is he's more like a week behind.

Update: McCain moving not suspending campaigns in Washington for photo op.

Today, he's late again!
THEY HAVE A PLAN!

McCain's plane didn't make it and he parachuted into to DC to late!

Posted by: MILLER123 | September 25, 2008 1:49 PM | Report abuse

"...here is REALITY for those of you who are not obamatards like letterman...;"

Posted by: tojoley | September 25, 2008 1:17 PM |
----
Here is some reality for you, though you being a Republican would never let the facts get in the way.

Neither Obama or John McCain are on the committee that is just now reaching a deal with enough votes to pass it. So that means that Obama and McCain can only do two things to help: Try to round up votes among their peers, and sign the damn thing.

Chris Dodd said today that they have been in frequent contact from Obama (initiated by Obama) and HAVE HEARD NOTHING from John McCain, "He has had ZERO involvement"

McCain going back to WA to score political points will "only muddle" the process. He will be like the little dog dancing around the bulldog's legs. He found time to do an interview last night, and give a speech this morning (which BTW-he was campaigning)

I personally find it reprehensible that McCain would jeopardize this process possibly causing a delay and furthering the damage to our financial sector when his best use would be to get in front of the people of America and tell them EXACTLY how he intends to run this country rather than do his dirty little trick on Obama to score political points.

Posted by: JRM2 | September 25, 2008 1:46 PM | Report abuse

Hey "anonymous", when you're done cheerleading for your fellow McCainiacs, you might want to do some research of your own. Nevermind the fact that McCain sat on his ass for a year and a half before jumping on the bill. Nevermind the fact the Republicans obviously weren't all that serious about it. The bill included privatization of certain regulatory agencies. (Oh yeah, that sounds like a great idea.) It also would've excluded the Federal Home Loan Banks from certain securities reporting requirements. Hence it didn't go anywhere and your Lord and Savior McCain was just grandstanding. And let's not forget, McCain voted for the Gramm-Leach-Bliley Act which loosened restrictions on the very institutions which are now reaching into your pocket. Of course, now, more than 8 years later and about 10 trillion in the hole, he says he's gonna "reform" Washington.

Posted by: swingforthefence | September 25, 2008 1:45 PM | Report abuse

"...here is REALITY for those of you who are not obamatards like letterman...;"

Posted by: tojoley | September 25, 2008 1:17 PM |
----
Here is some reality for you, though you being a Republican would never let the facts get in the way.

Neither Obama or John McCain are on the committee that is just now reaching a deal with enough votes to pass it. So that means that Obama and McCain can only do two things to help: Try to round up votes among their peers, and sign the damn thing.

Chris Dodd said today that they have been in frequent contact from Obama (initiated by Obama) and HAVE HEARD NOTHING from John McCain, "He has had ZERO involvement"

McCain going back to WA to score political points will "only muddle" the process. He will be like the little dog dancing around the bulldog's legs. He found time to do an interview last night, and give a speech this morning (which BTW-he was campaigning)

I personally find it reprehensible that McCain would jeopardize this process possibly causing a delay and furthering the damage to our financial sector when his best use would be to get in front of the people of America and tell them EXACTLY how he intends to run this country rather than do his dirty little trick on Obama to score political points.

Posted by: JRM2 | September 25, 2008 1:43 PM | Report abuse

McCain: "If you liked Clinton's policies, you'll love mine [if you're insane]!"

Posted by: Anonymous | September 25, 2008 1:19 PM | Report abuse

I am now certain that obamiden worshippers are among the dumbest animals on the planet

obamiden is so completely out of touch

here is REALITY for those of you who are not obamatards like letterman;

we are in debt

we are at war

we just spent billions last spring in an emergency economic stimulus package

we just spent 85,000,000,000 in an emergency bailout of a major company (one which obamiden does not even know the correct name)

and NOW we are supposed to agree to a ... 7 0 0 , 0 0 0 , 0 0 0 , 0 0 0 $ $$$$$$$$ emergency bailout (and supposedly things are so bad that we have to do it in a hurry ?)


our leaders have a patient


the patient is our country


the patient is hemorrhaging


we are trying to find blood donors from people who have given too much blood already


and .........

.....we have NOT yet stopped the hemorrhaging


and obamiden wants to bury himself in campaigning - "come call me when it is time to sign this thing", he sings


we are in extreme peril and obamiden and letterman want to make multitasking jokes (which, by the way, is playing politics while claiming not to be - typical obamiden lie) - but, this problem is no joke

this is the biggest vote in the senate in our lifetime


mccain gets it


obamiden is out of touch

obamiden's worshippers are attacking mccain and playing MORE politics when they should be rooting and praying for him to do the right thing (along with obamiden) - they do NOT get it at all

the obamidens always put campaign ahead of country

if not so sad, it would be funny

MCCAIN / PALIN 2008

Posted by: tojoley | September 25, 2008 1:17 PM | Report abuse

KMICHAELS, UNITED STATES OF AMERICA,LAND OF THE FREE HAHAHAHAAA!!! I DON'T FCK... BELIEVE IN GOD,THAT MAKE PEOPLE STUPID, AND FIGHT FOR NONSENSE.

Posted by: NETHERLANDS ANTILLES | September 25, 2008 1:16 PM | Report abuse

"Totally irrelevent. As I pointed out, if you get 97% of the dems and 5% of the reps against something it does not pass. That still makes the problem 97% democrat, duh.

Yes, dems are to be blamed for this crisis. That is what the facts show.

No matter how many idiotic blowhard Obamites say otherwise, the facts clearly show that DEMOCRATS are the cause of this current subprime mess."


That bill was a hijack of the existing system, not necessarily an improvement. It limited the necessity of many other banks from reporting their complex "derivatives". It also gave the President the power to assign the head of this new department (can you say Homeland Security and FEMA), while abolishing the existing HUD.

Quote from Govtrack.us:
"Excludes the Federal Home Loan Banks from certain securities reporting requirements.
Abolishes the Federal Housing Finance Board."

Posted by: Anonymous | September 25, 2008 1:13 PM | Report abuse

Another idiot Obama lapdog (gimmeabreak) writes:

"Excuse me, but the Republicans had control of BOTH the House AND the Senate back in 2005. So STFU."

Control of congress never means absolute control. Logic teaches us this simple fact.

When it comes to a specific bill (S.190) then who is in control is only significant if the MAJORITY of the party in control is found on the wrong side of an issue.

In this case, the issue was regulation of Fannie Mae and Freddy Mac. In this specific case 97% of the dems were against this regulation and 95% of the republicans were in favor of it.

Do the numbers. It has nothing to do with who is "in control" as the idiot leftists would have you think.

In order to break a 50-50 vote you can take 100% of the minority party and add just a few percent of the majority party and the bill is dead. That is what happened in this case.

So, who is to blame? 97% of the democrats and 5% of the republicans. This is not rocket science.

And if you dig deeper, you know where the democrats were coming from. In order to pander to their poor and minority base, they insisted that subprime loans were made readily available too them. They did so in disregard of solid economical principals. They did so for the sole reason of buying up more cheap votes from their base.

Yes, democrats are truely responsible for this mess, when it comes to what political party helped make it happen.

These are all historical facts. No amount of Obamite headfaking will change it.

Posted by: KMichaels | September 25, 2008 1:08 PM | Report abuse

I am now certain that obamiden worshippers are among the dumbest animals on the planet

obamiden is so completely out of touch

here is REALITY for those of you who are not obamatards like letterman;

we are in debt

we are at war

we just spent billions last spring in an emergency economic stimulus package

we just spent 85,000,000,000 in an emergency bailout of a major company (one which obamiden does not even know the correct name)

and NOW we are supposed to agree to a ...... 7 0 0 , 0 0 0 , 0 0 0 , 0 0 0 $ $$$$$$$$ emergency bailout (and supposedly things are so bad that we have to do it in a hurry ?)

the patient is our country


the patient is hemorrhaging


we are trying to find blood donors from people who have given too much blood already


and .........

.....we have NOT yet stopped the hemorrhaging


and obamiden wants to bury himself in campaigning - "come call me when it is time to sign this thing", he sings


we are in extreme peril and obamiden and letterman want to make multitasking jokes (which, by the way, is playing politics while claiming not to be - typical obamiden lie) - but, this problem is no joke

this is the biggest vote in the senate in our lifetime


mccain gets it


obamiden is out of touch

obamiden's worshippers are attacking mccain and playing MORE politics when they should be rooting and praying for him to do the right thing (along with obamiden) - they do NOT get it at all

the obamidens always put campaign ahead of country

if not so sad, it would be funny


MCCAIN / PALIN 2008


Posted by: tojoley | September 25, 2008 1:06 PM | Report abuse

Obama followers, McCain had invited the Messiah all this summer to debate around the country in Townhalls,the Messiah bailed out. Now he wants to debate McCain, after he took a week off just to debate McCain. You see the irony here,

McCain/Palin 08

Posted by: vic | September 25, 2008 1:05 PM | Report abuse

The Couric interview was filmed before this problem was so grave.

McCain is not asking to cancel but to postpone for one week.

---------

Wait, just so I'm clear, tell me when this problem became 'grave'? It wasn't when all of the investment banking firms and AIG collapsed?

The debate postponement is because McCain doesn't want economy overshadowing his foreign policy topics. It is purely political. If you don't think this is presidential campaigning, you are either intentionally blinding yourself or you are 18 and this is the first race you have ever seen.

Posted by: Joe | September 25, 2008 1:05 PM | Report abuse

Hey gimmeabreak - when we give you a break can you use the time to learn a little bit about how a bill becomes a law. I think they teach it in 6th grade.

Because the bill was introduced in 2005 doesn't mean it will get out of committee in 2005. A more salient point nimrod is that because of the relative number of Reps and Dems - the Reps could not get a majority in 2004 and beyond.

No tutoring charges this week for all Obamoron trolls.

Posted by: Anonymous | September 25, 2008 1:04 PM | Report abuse

KMichaels said - "The Couric interview was filmed before this problem was so grave."

That's not true. The Couric interview was the same day he blew off Letterman.

"McCain is not asking to cancel but to postpone for one week."

Not withstanding that that would bump the VP debates, something we all NEED to see, it's more about answering to the American public. A president, should, and has to be able to, not only handle a crisis but also be able to talk to the American people about it. McCain's actions are saying to us all, that he can't do that. He can't handle a crisis and answer to the public.

We've had two terms of a president doing that, and the last thing I want is another 4 years of "We'll get to talking to the public when we feel like it."

Posted by: ANdrew S | September 25, 2008 1:02 PM | Report abuse

McCain is once again, derailing the situation for CONTROL.
Didn't Gore Vidal have some choice words, on how he loathes McCain due to his arrogance?

Every major newspaper in the country should be interviewing top psychologists to confirm: McCain is mentally unstable and has clearly defined traits of one with a serious personality disorder.

Personality disorders are consistent among tens of many thousands of people who are classified as "successful" or "leaders."

Self destruction comes with that territory.
A real news organization can do the job of helping McCain self destruct just before he drags America into another one of his hair brained schemes of drama, control and excitement, all backed up by his latent and potentially dangerous, sociopathic tendencies

"I've developed a total loathing for McCain, conceited little a--hole. And he thinks he's wonderful. I mean, you can just tell, this little simper of self-love that he does all the time. You just want to kick him."
Gore Vidal on John McCain

Posted by: McCainInsane? | September 25, 2008 1:02 PM | Report abuse

The Katie Couric interview WAS NOT filmed after the situation was grave. McCain made the announcement, and then did the interview. Did you hear the news about Letterman panning McCain? Come on. Don't just lie to people. McCain was grandstanding, and no one should buy it.

Posted by: KMichaelsIsWrong | September 25, 2008 1:01 PM | Report abuse

"KMICKAELS, DO YOU REALY THINK BARACK OBAMA IS A MUSLIM"

Phychologists claim that the key years of idealogical formation happen to people in their early childhood.

I personally believe that Obama is into radical ideas, leftist (marxist) thought and does not feel any strong alegiance to the United States of America.

Most likely Obama is Christian in name only, since it suits his political career in the USA.

Seeing what kind of flakey radical teachings that Obama subscribed to in his chosen "Christian" church is very telling. He chose to listen to one of the most vile, hateful, anti-American, anti-white preachers on earth. He chose to do so for twenty plus years. Again, this is very key in my mind as to what kind of indoctrination Obama prefers.

We know by his acts that he is leftist. We know by his acts that he prefers to keep company with some of the most vile people on earth. He associates with mobsters, radicals, anti-Americans and other shady sorts of people.

His lawyer prepping him on the upcoming debate is the same guy that defended the would-be presidential assasin. Again, some choice of friend, eh?

The spirit of Obama is one of an evil self-serving person. You can see it in pretty much everything he does.

He fits the definition of a wolf in sheeps clothing perfectly.

There is no true respect warranted to Obama. He is nothing but a servant to his own drive to achieve personal fame.

Again, it was very telling that Obama said that he visited 57 states. Again, part of his past Muslim upbringing showint through. Since at an early age they are taught that some great hero would bring together the 57 muslim majority nations.

Just a coincidence or a freudian slip of the tounge, being internally reminded of his past Muslim upbringing? Only God knows.

Obama truly is a servant of his own desires. He votes present for the sake of his political career. He never goes against his own party. He is a party man through and through. This is the type of person that does not make a real bipartisan leader. It is the type of leader that will promote the leftist status quo.

Posted by: KMichaels | September 25, 2008 12:59 PM | Report abuse

ROBERTO AGUIRRE, YOU ARE RIGHT, YOU UNDERSTAND GOOD GOOD! WHAT HAPPEN IN YOUR COUNTRY.

Posted by: NETHERLANDS ANTILLES | September 25, 2008 12:57 PM | Report abuse

I love the argument, "It's the DEMS' fault! Our hero McCain, his under-appreciated friend Bush, and their Republican friends wanted to pass a bill back in 2005 that would've regulated Fannie and Freddie and prevented all this mess. BUT NOOOOOOO!!!!! Those socialist liberal left-wing nutjob DEMOCRATS stopped it!" Excuse me, but the Republicans had control of BOTH the House AND the Senate back in 2005. So STFU.

Posted by: gimmeabreak | September 25, 2008 12:56 PM | Report abuse

Hey roberto aguirre - the most accurate part of your comment ("I'm a little confused") fortunately comes first so we don't have to read the rest of the mind numbing drivel.

How right you are my friend.

Posted by: Anonymous | September 25, 2008 12:50 PM | Report abuse

"McCain has time to speak at Clinton's Global Initiative. He has time to stop by Katie Couric's studio for an interview, but he can't take an hour out of his week to do a long-scheduled national debate?"

The Couric interview was filmed before this problem was so grave.

McCain is not asking to cancel but to postpone for one week.

The most crucial time for fixing this key problem is these last few days up till the end of this week. Most economists are saying the same thing. These last few days of the week are the most crucial.

Since you say the debates are just one hour, and all we have to do is set aside one hour, then why not wait till next week?

Bottom line, McCain put country first and Obama put Obama first. Obama is the consumate snakeoil salesman that cant wait to make his next lie.

Posted by: KMichaels | September 25, 2008 12:47 PM | Report abuse

I'm a little confused. Let me see if I have this straight . . . . .
If you grow up in Hawaii , raised by your grandparents, you're exotic, different .
Grow up in Alaska eating moose burgers, a quintessential American story.
If your name is Barack you're a radical, unpatriotic Muslim.
Name your kids Willow, Trig and Track, you're a maverick.
Graduate from Harvard law School and you are unstable.
Attend 5 different small colleges before graduating, you're well grounded.
If you spend 3 years as a brilliant community organizer, become the first black President of the Harvard Law Review, create a voter registration drive that registers 150,000 new voters, spend 12 years as a Constitutional Law professor, spend 8 years as a State Senator representing a district with over 750,000 people, become chairman of the state Senate's Health and Human Services committee, spend 4 years in the United States Senate representing a state of 13 million people while sponsoring 131 bills and serving on the Foreign Affairs, Environment and Public Works and Veteran's Affairs committees, you don't have any real leadership experience .
If your total resume is: local weather girl, 4 years on the city council and 6 years as the mayor of a town with less than 7,000 people, 20 months as the governor of a state with only 650,000 people, then you're qualified to become the country's second highest ranking executive .
If you have been married to the same woman for 19 years while raising 2 beautiful daughters, all within Protestant churches, you're not a real Christian.
If you cheated on your first wife with a rich heiress, and left your disfigured wife and married the heiress the next month, you're a Christian.
If you teach responsible, age appropriate sex education, including the proper use of birth control, you are eroding the fiber of society.
If, while governor, you staunchly advocate abstinence only, with no other option in sex education in your state's school system while your unwed teen daughter ends up pregnant, you're very responsible.
If your wife is a Harvard graduate lawyer who gave up a position in a prestigious law firm to work for the betterment of her inner city community, then gave that up to raise a family, your family's values don't represent America’s .
If your husband is nicknamed 'First Dude', with at least one DWI conviction and no college education, who didn't register to vote until age 25 and once was a member of a group that advocated the secession of Alaska from the USA, your family is extremely admirable.
OK, much clearer now.

Posted by: roberto aguirre | September 25, 2008 12:45 PM | Report abuse

McCain has time to speak at Clinton's Global Initiative. He has time to stop by Katie Couric's studio for an interview, but he can't take an hour out of his week to do a long-scheduled national debate? McCain is not even on any of the committees dealing with the "sensitive negotiations." His trip to Washington is a photo-op, and an attempt to make it look like he finally takes America's ecnomic problems seriously. Too little too late after years of reckless deregulation for his campaign contributors, like Charles Keating and the the telecom giants.

Posted by: McCain's posturing | September 25, 2008 12:43 PM | Report abuse

Hey Politico - if you are trying to convince the sheeple on the left, that's one thing. They are too lazy to look into the facts.

Us conservatives however realize you are an Obamoron troll and don't take your statements as fact.

S.190 (109th) was initially INTRODUCED by Hagel in 2005 not 2007. McCain came on as a sponsor in 2006 to try to save it from dying in committee.

Hmmm, which party controlled congress and more importantly the committees in 2006? Oh, that's right; it would be the imbeciles on the left otherwise known as Democrats.

Posted by: Obama - the Socialists' puppet | September 25, 2008 12:42 PM | Report abuse

KMICKAELS, DO YOU REALY THINK BARACK OBAMA IS A MUSLIM,WELL AMERICAN PEOPLE LOVE HIM,AND VOTE FOR HIM.YOU ARE JUST JEALOUS ABOUT THAT MAN. WHY YOU DON'T TAKE YOUR GUN IN GO SHOOT HIM LIKE WE ALWAYS DO...!HE DESERVE TO DIE BECAUSE HE'S AN AFRICAN AMERICAN;BY THE WAY I NEVER HEAR WE AMERICAN PEOPLE SAY ""EUROPEEN AMERICAN"" GO THINK ABOUT IT.
OBAMA BIDEN 08...!!!

Posted by: NETHERLANDS ANTILLES | September 25, 2008 12:40 PM | Report abuse

The sign of a real leader?

By Raymond Hernandez and Christopher Drew

updated 11:26 p.m. MT, Wed., Dec. 19, 2007
In 1999, Barack Obama was faced with a difficult vote in the Illinois legislature — to support a bill that would let some juveniles be tried as adults, a position that risked drawing fire from African-Americans, or to oppose it, possibly undermining his image as a tough-on-crime moderate.

In the end, Mr. Obama chose neither to vote for nor against the bill. He voted “present,” effectively sidestepping the issue, an option he invoked nearly 130 times as a state senator.

Sometimes the “present’ votes were in line with instructions from Democratic leaders or because he objected to provisions in bills that he might otherwise support. At other times, Mr. Obama voted present on questions that had overwhelming bipartisan support. In at least a few cases, the issue was politically sensitive.

Posted by: KMichaels | September 25, 2008 12:40 PM | Report abuse

MCCAIN SAYS: "THE SKY IS FALLING, THE SKY IS FALLING....SARAH, SAVE ME FROM THIS WITCHCRAFT AND THE EVIL REPUBLICAN WARLOCKS WHO WANT TO BAIL OUT UN-REGULATED COMPANIES AND FAT CAT CEOS AND LOBBYISTS WHO HELPED THEM THERE....OOOOPPPPSSSS, EXCEPT FOR MY LOBBYIST DAVIS, AND THE DE-REGULATION I HELPED PASS THESE PAST 26 YEARS...." "OH YOU MEAN THAT WAS YESTERDAY, AND THE SUN CAME UP TODAY??? I GUESS, I'LL JUST PICK UP MY MARBLES AND GO HOME...."

Posted by: BENIGHSE | September 25, 2008 12:38 PM | Report abuse

Hi, I will be substituting for AsperGirl today, cutting and pasting and offering lame retorts and insults, like Obama is a Marxist. Aspergirl is currently suspending her campaign of misinformation until the financial crisis is resolved and her supply of junk food is delivered. I am proud to take up the mantle of insanity. Thank you and God Bless...

Posted by: KMichaels | September 25, 2008 12:34 PM | Report abuse

Senator Chris Dodd and Chuck Shumar released this statement today re: involvment in the economic rescue plan:

"We are pleased to report we are making bipartisan progress on a rescue proposal for our financial markets," "During these discussions, we have received significant cooperation and constructive feedback from the other side of the aisle -- with one notable exception. Apart from his unproductive criticisms made from afar, we have heard nothing from Senator McCain on these critical issues. Now is certainly not the time for him to inject presidential politics into these delicate discussions."

Posted by: Anonymous | September 25, 2008 12:33 PM | Report abuse

Politico, (leftist Obama lapdog) continues to lie and tell half-truths:

"I see that people like KMichaels are trying to blame the dems for the current crisis."

Since the facts show that dems are to blame then yes, I use facts to illustrate how and why the dems are to blame. Dems were against the key regulation (bill S.190) that would have stopped the Fannie Mae Freddie Mac fiasco three years ago).

Fannie and Freddie hold over 50% of the subprime loans. This is more than all the other banks put together. Obviously since economists know that the problem is subprime loans and since FF holds over 50% of the subprime loans then they are key to this problem.

The fact that it was all dems that wanted to NOT REGULATE Fannie and Freddie then again, it is correct, proper and true to blame DEMS for this problem.

"However the fact remains that McCain has been a champion of deregulation."

You mean that McCain is actually for some bills and against others. Hmmm, arent politicians supposed to be for some bills and against others. I dont see the problem here.

"He did add his name has cosponsor on the S190 bill after the government report came out that the subprime lending could be a problem."

If the government did so, and it was so obvious, then why did the dems not all jump on it?

Could it be you are lying your arse off again? There was no general knowledge at that time of subprime loans being a problem. The government report had to do with bad accounting at Fannie and Freddie, not subprime loans.

But McCain and Bush were very aware of the fact that FF buying up risky loans could become a real problem.

Reps supported this key regulation and dems were dead against it. It is that simple. Dems were against it because they were too busy pandering to their base and wanted to see they base get more riskly loans. So of course, we know how dems operated. Screw the country and buy more cheap votes.

"But he never supported it and it was killed by republican controlled congress."

Politico, you are either grossly stupid or a consumate liar or both. McCain is on record on the floor making a speech totally in favor of the bill. Quit lying.

And the bill was killed by 97% of the dems voting against it and about 5% of the reps voting against it. I guess you could make the idiotic claim that because 5% of reps were against it that they were the ones that killed it. But heck, talk about totally stupid. What about the 97% of the dems that killed it. Should we just ignore them like the idiot Obamites want us to do?

"The same bill with some controversial elements was introduced in 2007 by Sen. Chuck Hagel without McCain's name on it."

And? McCain was in total favor of it. Just because McCain does not cosponsor every bill does not mean that he would not vote for it, you morons.

"Also Repulicans had Bush and control of congress for six years"

Totally irrelevent. As I pointed out, if you get 97% of the dems and 5% of the reps against something it does not pass. That still makes the problem 97% democrat, duh.

Yes, dems are to be blamed for this crisis. That is what the facts show.

No matter how many idiotic blowhard Obamites say otherwise, the facts clearly show that DEMOCRATS are the cause of this current subprime mess.

Posted by: KMichaels | September 25, 2008 12:33 PM | Report abuse


Obama is campaigning while the economy crumbles.

Obama has never worked a day in his life. Working now to fix the economy is beyond his abilities.

Posted by: reason | September 25, 2008 12:30 PM | Report abuse

For all you dumbasses out there that want to attack Obama on voting "Present".

His "present" votes account for less than 3% of his votes.

Voting present is an accepted practice in Illinois politics when a bill is overwhelmingly going to pass or fail, many politicians in Illinois vote "present" so they can get on to other things that they can make an impact on.

McCAIN HAS SET THE RECORD IN THE SENATE FOR NOT EVEN SHOWING UP TO VOTE!

Posted by: Anonymous | September 25, 2008 12:27 PM | Report abuse

SO...McCain puts his campaign on suspension....and then campaigns the SAME NIGHT at Clinton's Global Initiative? Some of his exact words included "If I am elected president..." THIS MAN IS A LYING P.O.S. WHO ONLY CARES ABOUT WINNING!!!

Posted by: McCainsupportersareblind! | September 25, 2008 12:21 PM | Report abuse

Obama is a marxist, based on his actions and his past record. As to him being a Muslim, I thought you dems said it did not matter. Are you being racist? You sure in hell go after Palin for being a Christian. Again, are you racist? When Obama said he visited 57 states, one has to wonder if it was his past Muslim teachings that claimed some great Muslim leader would come along and join together the 57 muslim controlled nations. That is right folks, 57 muslim controlled nations and the on again off again Muslim Obama (just ask him) was out visiting 57 states. Freudian slip?

Either way, confessed Muslim or not is not the issue. The issue is that Obama has proven to be extreme leftist and has proven himself prone to hang around with mobsters, terrorist-types and Anti-American radicals.

Why in hell would somebody who loves America goosestep for somebody like Obama? Is it gross ignorance. Is it the leftist media being in full throttle campaigning for Obama mode? Is it that Obamites are purely evil and are knowingly supporting such a leftist, liar, mobster, radical aas Obama.

Posted by: KMichaels | September 25, 2008 12:19 PM | Report abuse

I see that people like KMichaels are trying to blame the dems for the current crisis.
However the fact remains that McCain has been a champion of deregulation. He did add his name has cosponsor on the S190 bill after the government report came out that the subprime lending could be a problem.
But he never supported it and it was killed by republican controlled congress. The same bill with some controversial elements was introduced in 2007 by Sen. Chuck Hagel without McCain's name on it.

Also Repulicans had Bush and control of congress for six years (and two more before that during Clinton years) yet suddenly Dems are to be blamed for this crisis. GIVE ME A BREAK!!

Posted by: Politico | September 25, 2008 12:17 PM | Report abuse

ANONYMOUS,
HAHAHAHAAA!!!! WHERE DO YOU GET THAT VIDEO?

Posted by: NETHERLANDS ANTILLES | September 25, 2008 12:13 PM | Report abuse

Larry Clifton and other Obamites are continuing the lies about this problem being tied to the Gramm-Leach act of 1999. 95% of economists say that it has to do with subprime loans. Gramm act had nothing to do with subprime loans.

Fannie Mae and Freddie Mac did not change their operations after the Gramm act. Yet they hold over 50% of the subprime loans. That is why they had to be bailed out.

There is not a hint that the Gramm bill did anything to aggrevate this problem.

Subprime loans have been legal since the beginning of our nation. They are simply risky loans. The reason most banks choose not to do such risky loans is that, well, they usually dont make mone.

But why did banks do it? Because the housing boom looked unstoppable and in a boom risky loans are potentially more profitable.

So, who played the subprime loan game the most? In turns out to be Fannie Mae and Freddy Mac. They have been encouraged for decades by democrats to make a market for banks to be able to make more subprime loans to the poor and the minorities.

McCain tried to pass regulations to clamp down on subprime loans, especially at Fannie and Freddie but the dems (97%) voted against it.

The Gramm act is a red herring and the dem leaders know it. But they will continue to pass out this common lie because they hope the MSM will continue lap-dogging for them. So far, NYT and WaPo have not disappointed them. They lick up every claim the dems have to offer. They are no longer journalists. They are campaign operatives, nothing more.

Posted by: KMichaels | September 25, 2008 12:12 PM | Report abuse

Its funny to see the McCain brigade of mental midgets are trying to scare people.

Using racism, and calling Obama a "Muslim" and "Marxist" does not fool anyone except the empty-head, party-first-country-last crowd and they are already voting for Palin.

McCain's manupulative actions and knee-jerk reactions have shown us clearly that he does not have the temperament to be the president in these trying times.

Posted by: Politico | September 25, 2008 12:08 PM | Report abuse

McCain can't walk and chew gum at the same time. We already have a president like that we don't need another.

Posted by: Bo | September 25, 2008 12:07 PM | Report abuse

Now for the truth about McCain on the two key regulations, deregulations that are in common discussion.

1) Gramm-Leach-Bliley act, passed in 1999, signed by Bill Clinton who could easily have killed it with a veto. The only threat of a veto was if Gramm included language that tightened lending practices. Bill was worried that his adoring base, the poor and the minorities may look unkindly to a harder time getting a loan.

2) Gramm act had nothing to do with subprime loans. It had to do with making US banks more competitive with foreign banks.

3) Current problem is known (by 99% of the economists) to be caused by too many subprime loans (about a trillion dollars worth) have been made and since the housing market crashed these loans have become almost worthless.

4) Fannie Mae and Freddy Mac are now known as the key banks that have enabled the subprime loan industry. Being federally subsidized they were able to be more agressive in making a market for these types of loans. They bought up over 50% of all the subprime loans. More than the top 10 banks in the US combined.

5) Bush in 2003 and McCain in 2005 (bill S.190) tried to put a stop on risky subprime loans, at least through the federal banks (Fannie and Freddie). The dems fought tooth and nail against this regulation (yes dems are against some regulations). The bill would have saved us this current problem. Dems chose to pander when their country was in need.

6) Now, dems are calling themselves brilliant economists and are pointing their fingers away from themselves. Hoping that the MSM will continue to ignore their hand in this whole mess.

7) Dems are at fault. Reps had the right answer. Dems refused to budge because they had their base to pander too. You cant break old bad habits. Even if they did try, which they dont.

Posted by: KMichaels | September 25, 2008 12:05 PM | Report abuse

The McCain brigade of mental midgets are here.
Trying to scare people with racist overtones and calling Obama a "Muslim" or "Marxist" will only work with the empty headed, party-first-country-last partisan crowd and they are already voting for Palin.
The knee-jerk and manupulative nature of McCain's actions are evident for everyone to see. USA in this difficult times does not need a president with such a temperament.

Posted by: Politico | September 25, 2008 12:05 PM | Report abuse

Little Jakarta street brat running for president forgot what his job was and voted 'not present' while the economy fell apart around him. Don't worry Ocrybama, there are still people who remember what their job is are and going to do it. You just stay home and talk about it and leave the tough stuff to someone else.

Posted by: Street Brat | September 25, 2008 11:57 AM | Report abuse

GOP FANS, BECAUSE OF YOUR DEEP FASCINATION WITH MUSLIMS IN OTHER COUNTRIES, HERE IS YOUR SARAH PALIN IN HER VERY OWN pagan ceremony:

http://www.youtube.com/watch?v=kj-on3kfWuE

http://www.youtube.com/results?search_query=palin+witch&search_type=&aq=f

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

Posted by: Anonymous | September 25, 2008 11:57 AM | Report abuse

Sari C 11:31

I would love to see the CEO's and upper mgmt of all the companies we're bailing out contribute to this.

Good point about Greenspan. But the overriding problem is that someone should have saw this coming. And that falls on the president and Congress who were too busy being gridlocked in mortal partisan combat to proactively head this off.

Also, nice to see so many of the partisan's participating here. I'd like to thank each and every one of you for helping to lower our level of discourse to the equilivalent of two squabbling four year olds in a day care center.

Thankfully, you won't be deciding this election. That'll be the job of independent swing voters who don't see the world through ideologically tinted glasses.

Posted by: Independent | September 25, 2008 11:56 AM | Report abuse

MCCAIN HAS BECOME A JOKE WITH HIS ANTICS AND POSTURING---HE KEEPS GETTING SILLIER AND SILLIER AND SILLIER EVERY DAY=== 2 DAYS AGO HE SAYS "I'LL DEBATE OBAMA AT ANY AND EVERY TOWN MEETING ACROSS THE U.S."---AGAIN THAT WAS JUST 2 DAYS AGO!!---NOW HE SAYS: "BUT I WON'T DEBATE YOU TOMORROW ON FRIDAY WHEN WE HAVE A SCHEDULED DEBATE"---SILLINESS AND LIES---SORRY JOHN, YOU'VE LOST IT!!!

Posted by: benighse | September 25, 2008 11:52 AM | Report abuse

GOP FANS, BECAUSE OF YOUR DEEP FASCINATION WITH MUSLIMS IN OTHER COUNTRIES, HERE IS YOUR SARAH PALIN IN HER VERY OWN pagan ceremony:

http://www.youtube.com/watch?v=kj-on3kfWuE

http://www.youtube.com/results?search_query=palin+witch&search_type=&aq=f

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

Posted by: Anonymous | September 25, 2008 11:52 AM | Report abuse

"America's 1st Reaction -- Friday's McCain-Obama Debate Should Still Be Held On Friday, But Perhaps with New Focus: Immediately after John McCain's announcement at 3 pm ET today, Wednesday 09/24/08, that he was suspending his campaign and seeking to postpone Friday's scheduled presidential debate, SurveyUSA interviewed 1,000 adults nationwide. Key findings:

A majority of Americans say the debate should be held on Friday. Just 10% say the debate should be postponed. A sizable percentage of Americans, 36%, think the focus of the debate should be modified to focus more on the economy. 3 of 4 Americans say the presidential campaigns should continue. Just 14% say the presidential campaigns should be suspended. If Friday's debate does not take place, 46% of Americans say that would be bad for America."

http://www.surveyusa.com/client/PollReportUC.aspx?g=54d651a7-a62b-4420-bb32-9dd6b2df8c02

Posted by: Anonymous | September 25, 2008 11:50 AM | Report abuse

Ocrybama sounds much better when reciting his evening prayer from memory, he has a perfect accent to go with it.

Posted by: Accent | September 25, 2008 11:49 AM | Report abuse

McCain is cut and run when the going gets tough. He is afraid to talk to the American people. Cut and run from the debate. He should stand up like a man and debate Obama not cut and run like a scared old man.

Posted by: Bo | September 25, 2008 11:49 AM | Report abuse

Obama has his first lead in North Carolina! Quite a stunning result: http://campaigndiaries.com/2008/09/25/obama-leads-in-north-carolina/

Posted by: Anonymous | September 25, 2008 11:46 AM | Report abuse

Ocrybama needs an evening prayer, here is his favorite:

Allah is Great, Allah is Great

I bear witness that there is no divinity but Allah

I bear witness that Muhammad is Allah's messenger

I bear witness that Muhammad is Allah's messenger

Hasten to the prayer, hasten to the prayer

Hasten to real success, hasten to real success

Allah is Great, Allah is Great

There is no divinity but Allah

Posted by: Sweet | September 25, 2008 11:46 AM | Report abuse

To JakeD and other McCain supporters.

You seem to like to bring up McCain's "invitation" to Obama to join in weekly Town Hall meetings, and Obama's reluctance, as some kind of negative on Obama's part. Certainly, the McCain Camp has cited this reluctance as the reason their campaign ads are bold faced lies. "If only Obama had accepted the invitation, we wouldn't have to be so negative in our ads." Would McCain prefer to lie and be negative to Obama's face? Well, I guess that is something.

But anyway, you all seem to be conveniently forgetting the last time McCain floated an idea of something Obama should do. Namely, a trip to Iraq. McCain went on and on about Obama not being to Iraq lately, and that he should. Obama agreed and made an international trip to visit several countries, most importantly, Iraq and Afghanistan.

And how did McCain respond?

He cried. He attacked Obama for taking the trip. He used portions of speeches in attack ads. His campaign made Hitler references and Britney and Paris references.

Honestly now, why on Earth should Obama subject himself to that again? McCain asked Obama to do something, and Obama did, and was attacked for it. Personally, I think it's time for McCain to do something Obama has asked, namely, start running a clean campaign.

Posted by: Andrew S | September 25, 2008 11:46 AM | Report abuse

The Obama idea of how to multitask. Let's prioritize the debate, and do it now, even though we could easily do the same debate say a week later. And we wont focus on the key issue of actually being a Senator that you were elected to be. Instead, vote not-present this time, since you are too busy multitasking on what color of empty suit you should wear to the debate. Greg Craig, the defender of would-be presidential assassins has pointed out that your ability to retain facts may not last into next week. And he is sick and tired of repeating the same damn things to you. Ahem, Senator Obama, there are 50 states not 57. Ummm, Obama, you are not Muslim. You are Christian. Now dont forget again.

Posted by: KMichaels | September 25, 2008 11:45 AM | Report abuse

McCain has been in Congress for 30 years he is part of the problem. All of a sudden he now wants change, get real McCain was for ending regulations and the stockmaket, banks and mortgage houses went out of control because of deregulation that McCain has always be for. McCain caused the problem, John McCain & Phil Gramm invented dergulation and now the government is expected to bail out all the failed companies thanks to McCain and Gramm we are in this mess.

Posted by: Bo | September 25, 2008 11:43 AM | Report abuse

If Senator Obama is so great can his supports provide lots of good stuff to say about him rather saying stupid and foolish comments about John McCain and Sarah Palin.

I can't understand why the Obama croud wants to linch John McCain, they sound like the wrong croud to elect.


Posted by: Jim R | September 25, 2008 11:43 AM | Report abuse

Keeping our borders open is bringing this country into a third world stage, not the Republicans. The more we allow South American citizens into this country illegally, the worse our economy will become. They steal money from programs set up for American citizens and we are the ones flipping the bill. Wake up America and see the real reason why were in the termoil. Illegal immigrants were able to recieve loans for homes, but now they can't afford them and we have to clean up their mess. They do not appreciate or respect America.

Posted by: Jones | September 25, 2008 11:42 AM | Report abuse

Ocrybama seems to forget all too easily about his current duties as a Senator. Thank goodness there are Senators who can remember where they stand on issues and not just 'present'. Lets hope Ocrybama does not make a mess in DC with all his balling, we need this work to get done.

Posted by: Evening prayer | September 25, 2008 11:42 AM | Report abuse

ALL YOU GOP WHO FEAR MUSLIMS, THE MEDIA, POLLS, ETHICS INVESTIGATONS, ETC (GOP THE PARTY OF FEAR) if you want to see authentic weirdness, look at your PALIN and her Kenyan VOODOO Witch doc at this site. Hey this is REAL and all over the news.

GOP muslim haters, whatcha got to say about this new "hockey mom" pagan ceremony starring Palin:

http://www.youtube.com/watch?v=kj-on3kfWuE

http://www.youtube.com/results?search_query=palin+witch&search_type=&aq=f

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

Posted by: Anonymous | September 25, 2008 11:40 AM | Report abuse

ALL YOU GOP WHO FEAR MUSLIMS, THE MEDIA, POLLS, ETHICS INVESTIGATONS, ETC (GOP THE PARTY OF FEAR) if you want to see authentic weirdness, look at your PALIN and her Kenyan VOODOO Witch doc at this site. Hey this is REAL and all over the news.

GOP muslim haters, whatcha got to say about this new "hockey mom" pagan ceremony starring Palin:

http://www.youtube.com/watch?v=kj-on3kfWuE

http://www.youtube.com/results?search_query=palin+witch&search_type=&aq=f

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

Posted by: Anonymous | September 25, 2008 11:40 AM | Report abuse

The highly illogical (as in grossly stupid) Obamite crowd.

Here is one that always makes me laugh. The subject of regulation-deregulation.

First off, the whole damn thing is a red-herring in that reg-dereg is better understood as just another political bill trying to be passed.

Now the idiot Obamite crowd, like pavlovs dogs, are set to drool upon hearing either of these two terms. It has been drilled into their heads by their party and by the Obama media lap-doggers at WaPo and NYT etc, that any "regulation" (Obamites must drool NOW) must be good and that any deregulation (Obamites must drool again only with an angry look on your faces) must be bad.

In the course of history hundreds of thousands of bills are attempted to be past by politicians. Here is a hint for the braindead Obamite clan. Not all bills are good ones.

Some dimwitted bafoon (Obamite) actually posted that McCain was against regulation before he was fore it. That is like saying that McCain is for some bills and against other bills and therefore is a "bad leader"? Yeah, it makes no sense to me either. I thought politicians were not to rubber stamp every bill that comes along.

As it turns out, one of the more crucial bill to come along was McCain bill S.190. It would have stopped the improper activities of Fannie Mae and Freddie Mac in their tracks. But of course, Dems, historically in favor of coddling FF were against any new FF regulation (Obamites may now drool with a confused look on your faces).

So today, Obamites are spewing the idea that McCain must be a bad leader because sometimes he favors some bills and sometimes he does not.

Todays current subprime crisis is mostly due to FF buying up very risky loans. They hold over 50% of the loans. More than the top 10 banks put together. It would have been nice if some regulation were passed say in 2005 when McCain tried to regulate them. Alas, the wise economists in the Obamite camp were too smart for their own good. They fought against any regulation that may actually help the nation. Why? They were too busy pandering to the poor and minorities to actually have a real economic clue about the outcome.

Posted by: KMichaels | September 25, 2008 11:38 AM | Report abuse

"President Obama" hmmm....sounds like he should be in charge of a country in the Middle East or Africa, not America. He is a criminal just like the rest of the politicians and he will be rubbing shoulders with our enemies, just wait and see.

Posted by: James | September 25, 2008 11:35 AM
---------------------------

Nice racist comment James.

Posted by: Bo | September 25, 2008 11:38 AM | Report abuse

"President Obama" hmmm....sounds like he should be in charge of a country in the Middle East or Africa, not America. He is a criminal just like the rest of the politicians and he will be rubbing shoulders with our enemies, just wait and see.

Posted by: James | September 25, 2008 11:35 AM | Report abuse

AND WELCOME TO THE BLOG, Demo TROLLS! WE SEE YOU JUST ARRIVED!

Ready to change something that stinks?

Posted by: Change | September 25, 2008 11:35 AM | Report abuse

I'm so tired of fear mongering by the Republicans...

Thanks, Bush. You took us from a First World nation to the brink of poverty. Time to move to China...

Ni Hao.

Posted by: wolf | September 25, 2008 11:33 AM | Report abuse

When something stinks, it is time to clean it up. Ready Ocrybama?

Posted by: Change | September 25, 2008 11:33 AM | Report abuse

AND WELCOME TO THE BLOG, GOP TROLLS! WE SEE YOU JUST ARRIVED!

The breaking news right now is that the House and Senate are near finalizing the agreement.....but Mccain is over at the Clinton event right now.....and the final vote is Saturday....

NOW WHAT WILL MCCAINS CHICKEN EXCUSE BE?? HE CAN CERTAINLY MAKE THE FRIDAY DEBATE NOW...WILL HE? AND WHY CN'T PALIN DEBATE NEXT WEEK....TERMINAL STUPIDITY?

Posted by: Anonymous | September 25, 2008 11:33 AM | Report abuse

McCain now wants to cut and run from the campaign because he is losing in the polls. McCain the cut and run candidate. He can't walk and chew gum at the same time. We need a president that can multitask, McCain doesn't even know what the word means.

Posted by: Bo | September 25, 2008 11:32 AM | Report abuse

Independent 11:11AM

This crisis i an economic problem that may have been aggravated by political factors but it is this monumental mess because of Greenspan, 1% interest rates and no regulation. He pulled the same stunt in the late 90's when he failed to raise margin rates on stock ownership.

Greenspan likes to cause bubbles using low interest rate and encouraging margin. Would sure like him to be putting in his personal money as part of the bailout

Posted by: Sari C | September 25, 2008 11:31 AM | Report abuse

Ocrybama now wants regulations, he could have set them up before with McCain but that would have been work for him.

Posted by: Oversight | September 25, 2008 11:29 AM | Report abuse

Ocrybama was hiding from the media for months, still is really. Why should Palin be any different with the media?

Posted by: Hiding | September 25, 2008 11:27 AM | Report abuse

How interesting and political McCain has become? He is so busy and caring about the economic crisis that he announces the suspension of his campaign and asks Obama to do the same meanwhile he has time to do a photo-op and speak at the Clinton Global Initiative. McCain knows that Clinton is far more popular, especially on economic issues, than Bush is.

My suggestion for the entire crisis is:

1) McCain suspend his campaign indefinitely.
2) Congress pass a bailout plan based on the following criteria; i) Rollout $200 Billion as a first phase bailout with a option future money rollout in 3 months; ii) More oversight and regulation is attached to the bailout bill; and iii)CEO Payout is limited and taxpayers are given ownership in bad debt purchased.

Then by next year Obama and a Democratic congress can be engaged in fixing this economy that mostly the Republicans have screwed up!

Posted by: Obama-Junkie | September 25, 2008 11:26 AM | Report abuse

Yes She will but remember she has been in this campaign for 3 weeks whereas Joe Biden has been running for president since the 1988 election and for over a year this time, and he just released his returns so cut her some slack. You will see them and I guarantee you that you will see much more charitable giving than his. He probably spent too much time watching old television programs from the late 1920's to remember to give to charity. I cannot believe how fricken stupid Biden is and you want to blast Palin. Biden has been on the wrong side of most of the major foreign policy decisions of the last 20 years. Against Desert storm, for invasion of iraq , against the surge. I would rather have capable, smart and less experienced as a VP that stupid, racist and wrong!!

"Joe Biden released his tax returns."
---

Did Sarah release her tax returns?

Posted by: Steve | September 25, 2008 11:26 AM | Report abuse

It is in these trying times when we are actually seeing who's real and who's the empty suit. Who's been a leader, a uniter, a rebel against an establishment that squelches ideas and who's famous for being famous? 129 "Present" votes in Obama's short tenure is incomprehensible at best, dangerous at worst. This gentleman has voted present because he either didn't understand the issues presented before him or didn't want to be associated with a vote in either direction. That is by far scarier than his extreme left socialist ideals, his indoctrination for 20 years under the guidance of Jeremiah Wright, his having been raised by a Muslim stepfather in a Muslim country, the Che Guevara flag in his HQ offices or his wife's graduate thesis or the fact that Fidel Castro endorsed him.

Posted by: scared straight | September 25, 2008 11:25 AM | Report abuse

I was against it before I was for it...

"In 2002, McCain introduced a bill to deregulate the broadband Internet market, warning that "the potential for government interference with market forces is not limited to federal regulation." Three years earlier, McCain had joined with other Republicans to push through landmark legislation sponsored by then-Sen. Phil Gramm (Tex.), who is now an economic adviser to his campaign. The Gramm-Leach-Bliley Act aimed to make the country's financial institutions competitive by removing the Depression-era walls between banking, investment and insurance companies.

That bill allowed AIG to participate in the gold rush of a rapidly expanding global banking and investment market. But the legislation also helped pave the way for companies such as AIG and Lehman Brothers to become behemoths laden with bad loans and investments."

""I'm always for less regulation," he told the Wall Street Journal in March. He added: "I'd like to see a lot of the unnecessary government regulations eliminated.""

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/16/AR2008091603732_pf.html

Posted by: Anonymous | September 25, 2008 11:24 AM | Report abuse

First we milked social security, now we milk freddie and fannie. What would a poor democrat do without a warm milk?

Posted by: Education | September 25, 2008 11:23 AM | Report abuse

That is only a news meda lie that you are repeating.
Rick Davis has not received any money since 2005 none zilch
------------------------------

SO IS THE GOP SUING THE MEDIA? NOPE. THEY'RE NOT EVEN REALLY DENYING THIS TODAY.
YOU IGNORANT FOOLS ARE SO EASILY LED....EVEN YOUR OWN PERSONAL MEDIA FOX NEWS REPORTED THIS AS TRUE. BUT YOU ALL LIE JUST LIKE MCCAIN...OVER AND OVER.

Posted by: Anonymous | September 25, 2008 11:23 AM | Report abuse

Re:You lead a rich fantasy life. This whole problem exists because McCain couldn't get Republicans to listen to him and pass that powerful piece of legislation.

By the way is it true that Rick Davis as a result of being part owner in his PR firm received a payment last month from Fannie and Freddie?

Your omission of Rick Davis was such a glaring omission. Dear me. Were you misleading us? Oh no.

Posted by: Dana | September 25, 2008 11:15 AM
............................
That is only a news meda lie that you are repeating.
Rick Davis has not received any money since 2005 none zilch

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

Ocrybama is right, lets talk about the real issues and let the economy crash and burn around us.

Posted by: Real issues | September 25, 2008 11:19 AM | Report abuse

I love John McCain. He comes out looking so presidential. I respect his decision and feel that Senator Obama is put off that he did not do it first. "I called him and wanted to put out a joint statement." He's acting as if Senator McCain needed his permission to suspend his campaign. DO YOUR JOB SENATOR OBAMA...ARE YOU STILL COLLECTING A CHECK FOR BEING A SENATOR??? I am happy to see a candidate who does so much more than talk!! Senator McCain walks the walk.

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

That did it. I have voted Republican since the 1980 election. And I was planning to vote that way this year as well.

George Will wrote it better than I can: McCain simply does not have the temperament to be President. His comments today, ""It has become clear that no consensus has developed.." make it clear that he is trying to polarize the Republican party so they will appear not to cooperate, so he can come in and save the day.

We don't need another cowboy for president.

Posted by: Ace | September 25, 2008 11:18 AM | Report abuse

Now be sure to fill Ocrybama's bottle with some warm milk, not from China.

Posted by: Milk | September 25, 2008 11:17 AM | Report abuse

McCain is the one guy -- who came in and said, "You guys are out of control in there and this is going to lead to a major problem," tried to set up new regulations. The Democrats blocked it at every turn.


This Fannie Mae, Freddie Mac thing was constructed and run by Democrats. It is filth. It is raw sewage sulking around in there, and it's of their making, and it has presented a crisis to the US economy, and it was all based on liberalism. Liberal, socialist ideas created Fannie Mae and Freddie Mac and then raped them and distorted their original purpose, when the Democrats turned this thing into nothing more than a personal piggy bank for each other and their party.


it was the employees of Fannie Mae who forged documents and letters allowing Fannie Mae to present an asset base that didn't exist so that Franklin Raines (friend of Obama), Jim Johnson (friend of Obama), could rape Fannie Mae and Freddie Mac for hundreds of millions of dollars.

Fannie Mae and Freddie Mac is traceable straight back to the Democrats: straight back to Barney Frank, straight back to Bill Clinton, straight back to Jimmy Carter, straight back to Chris Dodd -- and right behind Dodd is Barack Obama.

Obama received $109,000 from Freddie Mac or Fannie Mae, one of the two. In just two and a half years in the Senate. It took Chris Dodd about nine years to accrue $120,000 from Fannie Mae. Obama did it in less than two years. How the hell does that happen?

Posted by: CC | September 25, 2008 11:16 AM | Report abuse

McCain's handlers came up with the Palin play (you are losing so do something crazy, it may backfire but you have nothing to lose), now they came up with Hail Mary number two. If anything it would be better if McCain and Obama stayed out of the debate. Imagine what happens when you inject Presidential politics into this. If McCain would end up possibly looking like a hero the Democrats won't sign off on the deal. If Obama looks like a hero then the Republicans won't sign off so the Democrats won't sign off.

But in the end it is a no lose for McCain. He can see that if he doesn't shake things up, distract the voters from the real issues, he will lose. In addition, putting off the debates, or better yet not having them at all, is also a positive outcome for him. The debates are obviously going to have a lot of questions about policies which McCain was or is on the wrong side of, why would he want to be involved in that.

I am very suspicious of this whole bailout plan. If our whole economy is based on a house of cards then this bailout will simply put off the inevitable. Anytime huge amounts of money change hands quickly there is a strong likelyhood that some of that money will go to the wrong people. Look at how much of the money that was supposed to go to Iraq has simply gone missing, or to personal friends of Bush or CHeny. Even with oversight I would expect billions of dollars of this money to end up in the pockets of some of the Presidents and Congressmen's friends and contributors.

Posted by: Captbilly | September 25, 2008 11:16 AM | Report abuse

Ocrybama seems to forget all too easily about his current duties as a Senator. Thank goodness there are Senators who can remember where they stand on issues and not just 'present'. Lets hope Ocrybama does not make a mess in DC with all his balling, we need this work to get done.

Posted by: A job to do | September 25, 2008 11:16 AM | Report abuse

Posted by: Jen | September 25, 2008 11:02 AM

You lead a rich fantasy life. This whole problem exists because McCain couldn't get Republicans to listen to him and pass that powerful piece of legislation.

By the way is it true that Rick Davis as a result of being part owner in his PR firm received a payment last month from Fannie and Freddie?

Your omission of Rick Davis was such a glaring omission. Dear me. Were you misleading us? Oh no.

Posted by: Dana | September 25, 2008 11:15 AM | Report abuse

JOHN MCCAIN IS NOT OUR BOSS.

HE IS NOT IN CHARGE OF THIS ELECTION NOR OF THE DEBATES.

JUST BECAUSE HE IS FREAKING OUT AND SCARED, HE DOES NOT HAVE THE RIGHT TO TELL AMERICA WE DON'T GET TO SEE CANDIDATES DEBATE.

WHAT A CHICKEN CHICKEN CHICKEN.

Posted by: Anonymous | September 25, 2008 11:14 AM | Report abuse

"Joe Biden released his tax returns."
---

Did Sarah release her tax returns?

Posted by: jim | September 25, 2008 11:13 AM | Report abuse

we are running out of time - 72 ?

Posted by: ratl | September 25, 2008 11:13 AM | Report abuse

I found a nice bottle for Ocrybama, does anyone have a nipple?

Posted by: Got it | September 25, 2008 11:12 AM | Report abuse

So correct...
Mccain had a really bad day yesterday...
1. the bad news about his associates being part of the economic mess
2. PALIN's appalling sad thing with Couric
3. PALIN's appalling sad VIDEO with the voodooo guy was posted on the news and web
4. THE POLLS SHOWED HIS SUPPORT AS ERODED

SO HE HIT THE PANIC BUTTON AND RAN AWAY. THEY DON'T NEED HIM IN D.C.---HE JUST WANTS TO ESCAPE DEBATES AND BAD NEWS.

HE IS INEPT AND FEEBLE IF HE CANNOT DEBATE AND TIE HIS SHOES ON THE SAME DAY. WHAT A FOOL

Posted by: Anonymous | September 25, 2008 11:11 AM | Report abuse

For the record, I'd like to point out that the reason we're in this mess is because:

1. Big money special interest groups who fund both parties
2. Extreme partisanship on both sides
3. Inflexible ideologies
4. Everything has become political.

Don't even attempt to tell me that the Democrats or Republicans are better than the other- they're aren't.

Someone needs to step up here and show leadership. We shouldn't have to reward Wall Street greed and irresponsibility with a bailout. However, realistically, it would be equally as irresponsible for the government not to act. So if the debate is delayed, so be it. Both Obama and McCain should be in Washington helping to resolve this crisis. I think the political Super Bowl can wait a few days.

www.prairiedepotpress.wordpress.com

Posted by: Independent | September 25, 2008 11:11 AM | Report abuse

John McCain is not the president. Including last night's speech, the supposedly real president, the decider, has been strangely or not so strangely, missing in action. McCain is one of one hundred and is not on any of the relevant committees. So why are we supposed to think that his presence in Washington will have any positive effect at all? This is an attempt to look presidential, its a photo op... This whole business is a stunt and again the stunt is being pulled off when issues that are very important to the nation are on the table. John McCain says he will always out country first. Seems to me by his actions, running a sleazy campaign, picking a neophyte who cannot be left on her own for a V.P., and now this ploy, indicates that he places himself first. The man who blamed Obama for the crisis now wants to work with him. My guess is that seeing a nine point lead show up in a reputable poll really got their attention, so they launched this bit of desperation.

VOTE DEMOCRAT IN NOVEMBER

Posted by: Bob | September 25, 2008 11:10 AM | Report abuse

Ocrybama - 'But I was finally ready to debate....' wa wa waaaa

He finally is forced into a debate - remember, he has never done one before with McCain even after many invitations. So when the future health of the nation becomes too pressing to allow the tailspin he cries like a little baby. McCain hurt his feeling 'cause he had to go to work and leave poor OCrybama at home.

To bad Baby Barry, your ego will have to wait.

Posted by: Anonymous | September 25, 2008 11:10 AM | Report abuse

Joe Biden released his tax returns and has given a grand total of $5000 over the last ten years to charity. I guess when you expect govt to take care of everything, you do not believe in charity.

Posted by: Steve | September 25, 2008 11:08 AM | Report abuse

Jack24,

Try reading the history books, you and Joe Biden are still a little confused about the entire great depression thing. Yeah, FDR was president when the depression reached its' end but a lot of his policies prolonged the depth and length of the depression and it finally took WW2 to end it.

I think Joe Biden was talking this morning about the radio address by President Thomas Jefferson on the War of 1812. Doesnt matter that Jefferson wasn't president anymore and radio hadnt been invented but Joe doesnt know that.
CLUELESS!!

Posted by: Steve | September 25, 2008 11:06 AM | Report abuse

As Palin went to NY for foreign "experience", now McCain is off to Washington for economic "experience".

Posted by: Anonymous | September 25, 2008 11:06 AM | Report abuse

Oh No! I'm down in the polls, the Palin move failed, everyone is blaming me and my party for the economic collapse!!! I can't debate! I can't even think straight! I know, Time Out! Stop everything. Form a committee to study the problem!

Panic and desperation. What a crock!

Posted by: thebob.bob | September 25, 2008 11:05 AM | Report abuse

We do not need leadership at this point we need legislators who serving their own best interest will get together and give the people what we want. The timing of this crisis was opportune because it coincided with national elections. If John McCain stays out of the way and doesn't muck it up with presidential politics this thing will go well and an agreement will be reached by this weekend.

Maybe President Bush can give cover to McCain by telling him not to stick around Friday night. I know John will miss he club scene but they know how to party in Oxford.

Posted by: david | September 25, 2008 11:05 AM | Report abuse

John McCain, may be America's Drama Queen; however, he is not Presidential material.

Posted by: jim | September 25, 2008 11:04 AM | Report abuse

Ocrybama need a bottle of warm milk, can anyone help him? 'But I was finally ready to debate....' wa wa waaaa

Posted by: Warm milk | September 25, 2008 11:04 AM | Report abuse

McCain is the one guy -- who came in and said, "You guys are out of control in there and this is going to lead to a major problem," tried to set up new regulations. The Democrats blocked it at every turn.

This Fannie Mae, Freddie Mac thing was constructed and run by Democrats. It is filth. It is raw sewage sulking around in there, and it's of their making, and it has presented a crisis to the US economy, and it was all based on liberalism. Liberal, socialist ideas created Fannie Mae and Freddie Mac and then raped them and distorted their original purpose, when the Democrats turned this thing into nothing more than a personal piggy bank for each other and their party.

it was the employees of Fannie Mae who forged documents and letters allowing Fannie Mae to present an asset base that didn't exist so that Franklin Raines (friend of Obama), Jim Johnson (friend of Obama), could rape Fannie Mae and Freddie Mac for hundreds of millions of dollars.

Fannie Mae and Freddie Mac is traceable straight back to the Democrats: straight back to Barney Frank, straight back to Bill Clinton, straight back to Jimmy Carter, straight back to Chris Dodd -- and right behind Dodd is Barack Obama.

Obama received $109,000 from Freddie Mac or Fannie Mae, one of the two.  In just two and a half years in the Senate. It took Chris Dodd about nine years to accrue $120,000 from Fannie Mae.  Obama did it in less than two years. How the hell does that happen?

Posted by: Jen | September 25, 2008 11:02 AM | Report abuse

What are the odds that McCain tries to move the debate to October 2, so there won't be any V.P. debate?
Also, it seems there was time for him to do a campaign stop with Katie Couric, and another one at the Clinton affair...just not enough time for a debate.

Posted by: Pablo Bloque | September 25, 2008 11:02 AM | Report abuse

OCryBama is finally old enough to debate, and now McCain hurt his feeling 'cause he had to go to work and leave poor OCrybama at home.

Posted by: Grow up | September 25, 2008 11:02 AM | Report abuse

bonozo, if you want to see authentic weirdness, look at your PALIN and her Kenyan VOODOO Witch doc at this site. Hey this is REAL and all over the news.

GOP muslim haters, whatcha got to say about this new "hockey mom" pagan ceremony starring Palin:

http://www.youtube.com/watch?v=kj-on3kfWuE

http://www.youtube.com/results?search_query=palin+witch&search_type=&aq=f

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

Posted by: ellis | September 25, 2008 11:02 AM | Report abuse

Its not about the economic crisis. It's about controlling public information. McCain-Palin run and hide from the media hoping republicans blinding vote another republican in. God forbid you actually know who you are voting for. Palin who?

Posted by: McCains motives... | September 25, 2008 11:02 AM | Report abuse

Just one more campaign stop on the way back to DC so that McFool can save the nation. Sure hope the old coot has his Greenspan book with him. Let's not forget McSame was part of the "Reagan Revolution". He never reminds us that he was also part of the Keating 5. Did you know he was a POW?
FDR cleaned up after Hoover, Clinton cleaned up after Reagan/Bush.. and Obama will have to clean up the mess left by GWB.
Fortunately, we do have the Democrats who can clean up after each GOP fiasco!

Posted by: jack24 | September 25, 2008 11:00 AM | Report abuse

Just one more campaign stop on the way back to DC so that McFool can save the nation. Sure hope the old coot has his Greenspan book with him. Let's not forget McSame was part of the "Reagan Revolution". He never reminds us that he was also part of the Keating 5. Did you know he was a POW?
FDR cleaned up after Hoover, Clinton cleaned up after Reagan/Bush.. and Obama will have to clean up the mess left by GWB.
Fortunately, we do have the Democrats who can clean up after each GOP fiasco!

Posted by: jack24 | September 25, 2008 11:00 AM | Report abuse

Obama is such a crybaby. He finally is forced into a debate - remember, he has never done one before with McCain even after many invitations. So when the future health of the nation becomes too pressing to allow the tailspin he cries like a little baby 'but I was finally ready to debate.' To bad Baby Barry, your ego will have to wait.

Posted by: OCryBaby | September 25, 2008 11:00 AM | Report abuse

Why do I feel uneasy about someone who remains Anonymous sounding so polite with their "like to remind" me about a blatant lie...? Because the background sounds to this post are the same ones I heard growing up in rural Mississippi so long ago... Rustling sheets, splashing gasoline soaking a cross, the way a rope rubs against bark when the noose end is tossed over a tree limb...

Back then they still had to summon the courage to appear in public, masked or not...

Now, the ultimate anonymity...

Posted by: c earl jr | September 25, 2008 11:00 AM | Report abuse

Glad to see McCain is taking good care of his staffers who are still getting paid by FreddieMac/SallieMae though they say it's not for any work. Guess it's just for chances like this, to broker good deals for them.

Posted by: IndeVoter1 | September 25, 2008 10:57 AM | Report abuse

yes. Obama is FAKE. We don't really know who he is. I don't trust him at all. He's JUNIOR senator, for the last (3) years, spent two years on writing memoirs and book signing tours, and campaigning...what is his real (true) experience? Let's just call it one year of experience at the Senate. When Joe Biden was having lunch with a lady in PA, the lady said, "I want to vote for you but not for Obama, cos he's muslim". So, Biden had to sell Obama through his campaign. Even they say "he's a Christian"..people go ahead and asked.."he belongs to the church where pastor Wright preacheds..right...white hater sermons?". I'm sure he's not going to win.

Posted by: bonozo | September 25, 2008 10:55 AM | Report abuse

I am an Independent that will be voting for Obama, my husband is a conservative Republican that was going to vote for McCain. After this last stunt of McCain, he is now leaning toward Obama. Perhaps, if McCain had cancelled his appearance at the UN and at the Clinton Initiative and when straight to Washington to assist on the Bailout, he would still have that one vote.

THANK YOU MCCAIN FOR ANOTHER VOTE FOR OBAMA

Posted by: April | September 25, 2008 10:53 AM | Report abuse

The biggest culprit in this whole economic story is not an elected official but Allan Greenspan, the former Fed Chairman, by keeping interest rates so low several years ago.

Deregulation made this an inevitable problem but if the country had decided to put the party of regulation in, there might have been a small dip in the economy (deregulation was both good and bad) but this problem never would have reached this proportion.

If you wonder what this post is promoting, it's not political, it is the converse, the truth.

Posted by: Sari C | September 25, 2008 10:53 AM | Report abuse

I don’t believe anything McCain says now or then. The story about him telling his captors he didn’t want to go home unless others went home doesn’t make sense. As a 23 year vet, your enemy didn’t say to you, “you can go home because you daddy is a big wig in the military.” If anything, it was more reason to keep him for interrogation. The story is full of holes and all we have is McCain’s word that it happen.

It is unfortunate McCain was a POW, but McCain is an opportunist then as he is now. A man of any integrity does not approve such low blow campaign ads, distort the truth, and out and out lie as he has in this campaign. I don’t care if you feel Obama has done the same. As a military man, we still maintain our integrity no matter how dishonest the enemy is. McCain’s campaign character does not reflect the integrity of a true hero.

I want proof from McCain that someone in the enemy camp said he could go home. McCain, do you really expect veterans, like me, believe that? When in history has the enemy told a captive he could go home? You have proven your word means nothing now and I suspect you took the opportunity to distort your story then for political purposes, as you seem to be doing now. Country first, if it advantages McCain, is your true motto.

Posted by: steve | September 25, 2008 10:53 AM | Report abuse

McCain says he doesn't want to carry on his campaign as though there weren't a financial crisis. How about carrying on his campaign as though there were a financial crisis? Why is it either/or?

http://www.politicswithagrin.blogspot.com/

Posted by: Kristen | September 25, 2008 10:53 AM | Report abuse

Anyone watching the telecast from Clearwater, Florida? Obama does not come across very well when he does not have a crowd behind him. I thought he could just get on a plane and show the world how he multitasks. Here he expects Bill Clinton to pull for him and he does not have the decency to address Clinton's conference in person. Leadership at its best.

Posted by: Concerned Citizen | September 25, 2008 10:52 AM | Report abuse

The fact that people blindly follow someone like this amazes me. I just can't understand what people see in McCain. He is simply despicable for saying he wants to suspend the campaign and then (1) going on interviews last night (ABC) and (2) doing this stunt today.

This is yet another typical example of a man who ejects when he performs very stupid maneuvers. 5 planes, people! 5 planes and he wants to run the country like this! I find it funny he uses the term "maverick" given his crash record.

Posted by: MikeD | September 25, 2008 10:52 AM | Report abuse

So John McCain is going to broker a deal for us like he did with the S&L scandal, the one where thousands of people lost their retirement savings? Gosh, guys and gals, that sure inspires confidence in me. I also like how he suspended his campaign then went on Katie Couric, then did this speech, and then and then. Maybe McCain simply ran out of money for his campaign and wants to suspend it so he can get some good deals on the bailout for his buddies who in turn will give him more for his campaign. Yep. That might work.

Posted by: LauraC | September 25, 2008 10:52 AM | Report abuse

So John McCain is going to broker a deal for us like he did with the S&L scandal, the one where thousands of people lost their retirement savings? Gosh, guys and gals, that sure inspires confidence in me. I also like how he suspended his campaign then went on Katie Couric, then did this speech, and then and then. Maybe McCain simply ran out of money for his campaign and wants to suspend it so he can get some good deals on the bailout for his buddies who in turn will give him more for his campaign. Yep. That might work.

Posted by: LauraC | September 25, 2008 10:52 AM | Report abuse

I love the people who compare Obama to JFK...Who had the most unsuccessful foreign policy decisions in the last century....Your golden boy JFK got you into NAM.

Posted by: jared | September 25, 2008 10:52 AM | Report abuse

>Please dont forget-Obama broke the law whenhe bought that house in Chicago togehter with CRIMINAL REZKO.

This a false statement. He did not break the law.

Posted by: laura | September 25, 2008 10:46 AM

---------------------------------------

This is the right statement.He did break the law

Posted by: Anonymous | September 25, 2008 10:52 AM | Report abuse

Please dont forget-Obama broke the law whenhe bought that house in Chicago togehter with CRIMINAL REZKO.No wonder considering his Chicago mob connections.He should be indicted instead of going to DC.Do we need a CRIMINAL in WH?

Posted by: Anonymous | September 25, 2008 10:42 AM
___________
Anonymous #2

Any of this sound familiar:

Keating 5, Rick Davis & Freddie Mac, McCain the adulterer, troopergate coverup, witch craft, Bridge to nowhere....... I'll save the rest for later.

Posted by: Anonymous | September 25, 2008 10:51 AM | Report abuse

I'd like to remind you that Obama is the muslim communist with a communist agenda for this country.Do we need a muslim communist in WH?

Posted by: Anonymous | September 25, 2008 10:49 AM | Report abuse

McMultiTasker can't campaign and think at the same time.

Posted by: M Tobias | September 25, 2008 10:49 AM | Report abuse

I am an Independent that will be voting for Obama, my husband is a conservative Republican that was going to vote for McCain. After this last stunt of McCain, he is now leaning toward Obama. Perhaps, if McCain had cancelled his appearance at the UN and at the Clinton Initiative and when straight to Washington to assist on the Bailout, he would still have that one vote.

THANK YOU MCCAIN FOR ANOTHER VOTE FOR OBAMA

Posted by: April | September 25, 2008 10:46 AM | Report abuse

>Please dont forget-Obama broke the law whenhe bought that house in Chicago togehter with CRIMINAL REZKO.

This a false statement. He did not break the law.

Posted by: laura | September 25, 2008 10:46 AM | Report abuse


A SILENT COUP? DOES NAIVETE OBSCURE WHAT'S OVER THE HORIZON?

The real question is who is working the strings on the McCain-Palin marionette.

McCain is not his own man these days. The one-eighty he displayed with his vice presidential selection tells the tale. Look at John McCain's eyes. They are very red and glassy. Something is not right.

The current financial "crisis" conjures up memories of the Reichstag fire, "Remember the Maine," the Gulf of Tonkin, and "weapons of mass destruction." This is a manufactured crisis, a manifestation of a long-term strategy aimed at imposing autocratic dominance upon the supposedly co-equal branches of federal government.

The "suspension" of the McCain-Palin campaign could be just the initial salvo in an assault upon the American political system. What's next? A manipulated market crash? Suspension of the presidential election? Imposition of martial law?

Don't laugh. The plans are in place; the executive orders have been signed. The FEMA camps are ready to receive the "dissenters."

Think it can't happen in America? Consider THIS:

TARGETING OF AMERICANS BY GOV'T AGENCIES
A ROOT CAUSE OF WALL STREET MELTDOWN?

Once again, Congress is being asked to rush through emergency legislation -- to cede effective control of the economy to the government.

Officials continue to blame lax lending policies on the part of the mortgage industry for spawning this crisis.

But were lenders ORDERED to offer "easy credit" to people "targeted" by government agencies?

Is government "targeting" of American citizens a root cause of the mortgage meltdown that spawned the broader financial crisis?

For more, see:

http://www.nowpublic.com/world/targeting-u-s-citizens-govt-agencies-root-cause-wall-street-financial-crisis OR
members.nowpublic.com/scrivener

Posted by: scrivener | September 25, 2008 10:44 AM | Report abuse

The Clintons are sick selfish people.

Chris Rock is right, someone tell them Hillary lost.

Posted by: jan | September 25, 2008 10:44 AM | Report abuse

The Clintons are sick selfish people.

Chris Rock is right, someone tell them Hillary lost.

Posted by: jan | September 25, 2008 10:44 AM | Report abuse

The Clintons are sick selfish people.

Chris Rock is right, someone tell them Hillary lost.

Posted by: jan | September 25, 2008 10:44 AM | Report abuse

Please dont forget-Obama broke the law whenhe bought that house in Chicago togehter with CRIMINAL REZKO.No wonder considering his Chicago mob connections.He should be indicted instead of going to DC.Do we need a CRIMINAL in WH?

Posted by: Anonymous | September 25, 2008 10:44 AM | Report abuse

Anonymous,

Did you reach your conclusion when the deity on your toast this morning spoke with you?

Thank you for sharing your well-considered, thoughtful opinion.

Posted by: ldvisavis | September 25, 2008 10:42 AM | Report abuse

Sounds like he's still campaigning to me. So is this a flip-flop on a flip-flop on a .... ? Whoa, I'm dizzy.

I can't believe even 4.5% of this country -- let alone 45% -- would consider voting for this guy.

Posted by: John | September 25, 2008 10:42 AM | Report abuse

Please dont forget-Obama broke the law whenhe bought that house in Chicago togehter with CRIMINAL REZKO.No wonder considering his Chicago mob connections.He should be indicted instead of going to DC.Do we need a CRIMINAL in WH?

Posted by: Anonymous | September 25, 2008 10:42 AM | Report abuse

what kind of difference is John Mccain going to make for the bailout plan at this point? Maybe he should take the time to tell us instead of running from a debate that American people need to hear.

Posted by: Anne | September 25, 2008 10:38 AM | Report abuse

John McCain, once again, proves to be the true leader this country needs at this critical time and age. John McCain, once again, puts his country first. He knows what is important to us Americans and I trust him to be our next president. He, once again, shows his nonpartisan vision and ability, puts his own political ambition aside, and put his whole attention to the economic crisis we are facing. John McCain is a true leader, a leader we need right now.

Obama is just a credit grabbing scumbag. I heard he was saying everybody was taking his initiatives, including the President, Congress and John McCain. What a shame!

Posted by: TruAmerican | September 25, 2008 10:38 AM | Report abuse

Concerned Citizen:

The WaPo does not think that all people are stupid, just the ones voting for McCain/Palin.

Posted by: Anonymous | September 25, 2008 10:38 AM | Report abuse

Meanwhile Mr. Multitasker is not able to get on a plane to address the conference at the Clinton Global Initiative because he can't leave Clearwater, Florida. He has only been holed up there since Monday. And the ironies of all ironies, the audio broadcast feed gets lost as he starts his speech.

Posted by: Concerned Citizen | September 25, 2008 10:38 AM | Report abuse

Concerned Citizen:

The WaPo does not think that all people are stupid. Just the ones that are going to vote for McCain/Palin.

Posted by: Anonymous | September 25, 2008 10:37 AM | Report abuse

Wow, I can't believe McCain, this man is the most cynical and craven politician i have seem in my 40 yrs. This latest move, like picking gump Palin, is so calculated, its insulting. Clearly, McCain is trying desperately to save his campaign!! Are you serious that everyone doesn't see this as a bald faced attempt to slow Obama's big Mo! You gotta be kidding me right.
Can anyone tell me why this election is so close again. You and I both know why McCain(the weakest link) is still in this. Grow up America, you have been virtually beat up for the past 8 years from the Bush incompentence and yet you are oblivious and want the same for 4 more years!!
This is incredible on so many levels. We all know why this race is still close. Admit it.

Obama is clearly the best thing since JFK, RFK and WJC. Why, America can't we see that. What a shame!!! I honestly grieve for my country if you elect McCain and Palin.

Posted by: Ron DC | September 25, 2008 10:37 AM | Report abuse

We Republicans are screwed. McCain is such a weak candidate. I am so ashamed to be a Republican and want to apologize to the American people because my candidate is too chicken and weak to have a debate. This is pathetic.

Posted by: Adrian | September 25, 2008 10:34 AM | Report abuse

I came to the conclusion-McCain is the Patriot and Obama is the FAKE

Posted by: Anonymous | September 25, 2008 10:34 AM | Report abuse

There goes the Washington Post lying again ....

The morning after he declared he would suspend his presidential campaigning and return to Washington to deal with the U.S. economic crisis, Sen. John McCain made one last campaign stop, speaking at a conference on global issues organized by former president Bill Clinton.

-----

McCain clearly stated yesterday that he will suspend his campaign after addressing the Clinton Global Initiative, an event that was scheduled not only for him but also for Obama, who is to speak to the conference soon. This slant by Post writers and others in the media to make McCain look bad is unbelievable. Do you think the American public is that stupid? Pick on every word that Palin speaks but ignore journalistic integrity as you write.

Posted by: Concerned Citizen | September 25, 2008 10:33 AM | Report abuse

More of the same from John McShame

John McLame says, “I don’t know much about the economy, I still need to be educated”

“It would be acceptable if we had to stay in Iraq for another 100 years.”

We need to “bomb, bomb, and bomb Iran”

“I have voted with Bush 90% of the time because he has been right 90% of the time”


Sarah Failin says,

“I have foreign policy experience because you can see Russia from Alaska and I went to Mexico on vacation once.”

“I welcome any investigation into my past because I have nothing to hide, oh never mind I will not meet with any investigators for any reason ever.”

She believes the Bush Doctrine is a “World View” hahaha

She says she said “No Thanks” for the Bridge to nowhere when she was actually the one who got it approved

She says we may have to go to war WITH RUSSIA

She decreased her own responsibilities when she was the mayor of a town small enough to be run by a fifth grader


Posted by: John McShame | September 25, 2008 10:33 AM | Report abuse

More of the same from John McShame

John McLame says, “I don’t know much about the economy, I still need to be educated”

“It would be acceptable if we had to stay in Iraq for another 100 years.”

We need to “bomb, bomb, and bomb Iran”

“I have voted with Bush 90% of the time because he has been right 90% of the time”


Sarah Failin says,

“I have foreign policy experience because you can see Russia from Alaska and I went to Mexico on vacation once.”

“I welcome any investigation into my past because I have nothing to hide, oh never mind I will not meet with any investigators for any reason ever.”

She believes the Bush Doctrine is a “World View” hahaha

She says she said “No Thanks” for the Bridge to nowhere when she was actually the one who got it approved

She says we may have to go to war WITH RUSSIA

She decreased her own responsibilities when she was the mayor of a town small enough to be run by a fifth grader


Posted by: John McShame | September 25, 2008 10:33 AM | Report abuse

More of the same from John McShame

John McLame says, “I don’t know much about the economy, I still need to be educated”

“It would be acceptable if we had to stay in Iraq for another 100 years.”

We need to “bomb, bomb, and bomb Iran”

“I have voted with Bush 90% of the time because he has been right 90% of the time”


Sarah Failin says,

“I have foreign policy experience because you can see Russia from Alaska and I went to Mexico on vacation once.”

“I welcome any investigation into my past because I have nothing to hide, oh never mind I will not meet with any investigators for any reason ever.”

She believes the Bush Doctrine is a “World View” hahaha

She says she said “No Thanks” for the Bridge to nowhere when she was actually the one who got it approved

She says we may have to go to war WITH RUSSIA

She decreased her own responsibilities when she was the mayor of a town small enough to be run by a fifth grader


Posted by: John McShame | September 25, 2008 10:33 AM | Report abuse

"This is no time for politics!" says McCain as he speaks to the Clinton Global Initiative, making another big push for disaffected Hillary voters.

Posted by: ManUnitdFan | September 25, 2008 10:30 AM | Report abuse

How is it that he has time to speak at this nonsense and not at the debate?

Posted by: info | September 25, 2008 10:28 AM | Report abuse

JakeD:

I am sure if Obama was the one trying to wimp out of the debates, your position would be TOTALLY different. That's cool, cheer your team on. Why would Obama agree to go into a town hall snake pit set up by McCain and his goons? You know, McCain is a bully. For some reason he feels like Obama should do what he says when he says it. McCain doesn't have it like that. What a punk thing he did yesterday after Obama called him yesterday morning and tried to reach out. You know what he did, I don't even have to spell it out for you.

Posted by: rm | September 25, 2008 10:27 AM | Report abuse

If the legislation is signed by tomorrow at 5 pm, then let the FOREIGN POLICY debate proceed as set.

Posted by: JakeD | September 25, 2008 9:52 AM

McCain will dictate the terms of the debate just like he would like to dictate to our national enemies how they have to behave in order for them to talk with him. This is an authoritarian personality who if kept out of the white will make this a safer world to live in.

Posted by: Ronnn | September 25, 2008 10:26 AM | Report abuse

"Legislators lock horns over Palin inquiry

TWO CAMPS: Refusal to testify angers some; others want it halted."

"State lawmakers in opposing camps are frustrated with the direction of the Legislature's Troopergate investigation of Gov. Sarah Palin. One group is furious at the decision of potential witnesses to defy the Legislature's subpoenas, and another thinks the investigation has been politicized and wants to put it on ice."

"Todd filed "lawful objections to the subpoena, through his attorney, Thomas Van Flein. And those objections were lodged with the Senate Judiciary Committee, the authority that issued the subpoena in the first place," O'Callaghan said.

Wielechowski, an attorney, argued that's not an option for dealing with subpoenas. People subpoenaed either have to appear and testify or go to court to try and quash the subpoena, he said. Meanwhile, Anchorage Democratic Rep. Les Gara is trying to get the state troopers to investigate if anyone is guilty of "witness tampering" by advising people not to honor the Legislature's subpoenas."

http://www.adn.com/troopergate/story/536604.html

Posted by: Anonymous | September 25, 2008 10:25 AM | Report abuse

Actually, I myself would be ready to debate McCain tomorrow, or at least to engage in some sort of consensual activity involving the use of my lips and tongue. He might try to resist, but I would then simply drop trow and show him "de bait."

Posted by: JakeD | September 25, 2008 10:25 AM | Report abuse

In solidarity with McCain-Palin, I hereby suspend my posting.

(props to The Colbert Report)

Posted by: JakeD | September 25, 2008 10:25 AM | Report abuse

Americans are as concerned about economics as they have been since late 1929. For most people that I know, these are the two questions that resonate: What is happening to our economy and what can we do to shore it up and move forward? The ongoing investigations will ferret out the perps and their will be time to punish them. Now, however, is the time for serious Americans to stabalize our economy, which is teetoring on the eve of collapse.

Who is to blame?

Whether one blames Obama for his ties to Fannie-Mae or McCain for his, blame is hardly the the pertinent question. Besides,neither man is to blame, or both - that's just politics. Blaming congressional Democrats for allowing this to happen on their watch, or going back into time to blame a Republican Congress is not foremost on our collective mind. Attacking our embattled president is pointless, history will judge him and he will wrap up his administration in a few weeks and turn it all over to John McCain or Barrack Obama. By most accounts, Congress will remain largely in its present Democratic-controlled composition. In time, the ongoing investigation will give us some investment guru heads to lop off, but none will be that of a politician.

Media too politicized to help

Today, the media portrays all events in encrypted, politically-tainted sound-bites that lead one down a trail crowded with half-truths, headline grabs, and agenda-driven productions offered by poll-taking, heavily biased air personalities or “news-readers” who often don’t know much beyond what was presented for them to read on a teleprompter or assigned by a behind-the-scenes editor. Because we cannot rely on our media to introduce a bipartisan conversation, this is a time for citizens to seek clarity, more than superficial opinions of who is to blame for the current economic melt-down. The reason for our financial collapse is bipartisan in nature. Ironically, there is adequate blame to go around rather evenly. Homeowners, investment gurus, mortgage houses, banks and politicians alike took advantage of an open-ended credit policy dangerously deregulated by Democrats and Republicans alike and signed off on by President Bill Clinton in 1999.

What are origins of the current economic crisis?

Here is a bird’s-eye view of the sky-is-the-limit policies that have sent our nation’s economy reeling toward the ground in 2008. In 1933, after the market crash of 1929, the U.S. economy teetered on the edge of total collapse and the Glass-Steagall Act was passed to separate and regulate the Commercial and Investment functions of major banks in America. The banking Act of 1933 also founded the Federal Deposit Insurance Company (FDIC) which insures bank deposits by the U.S. government. The bill strongly regulated the Investment banking industry, holding Investment bankers to similar collateral formulas as Commercial Banks. Eventually, as the U.S. economy recovered, the investment bankers, who were no longer allowed to take deposits but were collaterally balanced, stood on solid ground. The sense is that our economy grew safely, if at a slower than contemporary rate.

The banking industry began seeking repeal of the Glass-Steagall Act in the 1980s. The industry was lobbying to remove the bulkhead separating Investment banking from Commercial banking, so that the coveted revenue of commercial banks could be deregulated and used by the investment and securities arm of commercial banks. Removing the firewall would enable commercial lenders, for example, Citigroup, the largest U.S. bank as measured by assets, to underwrite and trade mortgage-backed securities and collateralized debt. Ultimately, the firewall was removed by a bipartisan bill that in final revision, passed in the 1999 Senate by a bipartisan 90-8-1 vote and in the House by an equally bipartisan vote of 362-57-15. President Bill Clinton signed the veto-proof bill into law and the commercial earnings and deposits of banks became available to securities trading and investment bankers. In a nutshell, commercial banks invested very heavily in mortgage-backed securities and other obligated debt, and when the building industry bubble burst, mortgage-backed securities failed in mass, crushed by the massive weight of unrecoverable mortgage debt. When homeowners in record numbers living well beyond their means on creative and variable-rate mortgage loans stopped paying their mortgages, the lending banks and mortgage houses that provided the doomed transactions via predator loans knocked huge, gaping holes in the stock market and crippled our banking system with debt.

Today, many of the same politicians who voted to do away with the firewall between investment securities and commercial banking are dealing with the 700-billion-dollar bail out that would hide the incredible loses behind government loans, or additional deficit spending if you prefer. Either way, you pay….

Why did congress and Clinton pull the plug on regulations?
It is not my intention to force any reader’s eyelids to close so tight that eye drops must be utilized to separate them. Nonetheless, as consistent with my column, which is designed to inform, evoke and provoke meaningful conversation, I have included the principle arguments for and against preservation of Glass-Steagall as framed by 1987 congressional research and published by Wikipedia the free on-line Encyclopedia.
http://www.examiner.com/x-852-Atlanta-Civics-Examiner

Posted by: Larry Clifton | September 25, 2008 10:22 AM | Report abuse

So he has time to Speak at the Clinton Initative though?

I hought this was a crisis that required immediate attention?

We are so, so stupid. Unbelieveably stupid. Shamefully stupid. No wonder we are in 2 wars and our economy is on the verge of collapse.

Posted by: Laura | September 25, 2008 10:22 AM | Report abuse

"the Republican nominee is scheduled to return to Washington and his Senate office to begin discussions about the economic rescue package."

Who is he going to discuss with? The committees are busy and he isnt even a member. H's going to bother the folks at Treasury? Don't they have enough to do? He is going to bother his fellow Republicans ? What is he going to offer them that they havent already heard?

McCain is missing the point. If he wanted to be a player in this, he should have gotten on the bus earlier. As a Presidential candidate, the best thing he could do is spend his time explaining this to the American people and telling them how he was going to lead them out of the dark and into the light in a new Administration. As Mr. Deregulator, he has to be suspect at a time when new regulation seems almost certain.

The risk is that the recession we are basically in, is going to get worse and structurally our governemnt finances are not in the best of shape to push the economy up. The damage to credit markets is already taking place, a complete collapse is the goal of getting this deal done speedily.

We need a president who is a leader, not one who veers off course every so often. McCain my have good intentions but he is captive to events; so is Obama. May they be judged on their actions, as well as their words.

Posted by: Anonymous | September 25, 2008 10:21 AM | Report abuse

RM:

If the legislation is not signed by the time of the VP Debate, that should go off too. No comment about the townhalls?

Posted by: JakeD | September 25, 2008 10:20 AM | Report abuse

Did you miss the part when McCain reminded us that he was an old fighter pilot? Maybe he should have taken a cue from John Kerry and saluted: "My name is John McCain and I'm ready to serve."

I'm surprised he couldn't figure out a way to shoehorn being a POW into the speech too.

Seems to me that was political.

This prompted me to write "McCain: Excuse me while I cancel the campaign to campaign." here:

http://www.capitolhillblue.com/cont/node/11374

Posted by: Hal Brown | September 25, 2008 10:10 AM

John Kerry is such a disgrace to this nation his line "I'm John Kerry and I'm reporting for duty" really worked out well for him didn't it. Kerry is part of the problem in DC, not the solution.

Posted by: LeeHInAlexandria | September 25, 2008 10:18 AM | Report abuse

Sounds like an excellent time for Palin to slip on home and clear up that troopergate investigation. I guess with McCain off the trail they don't really want her running around by herself.

Posted by: Anonymous | September 25, 2008 10:18 AM | Report abuse

"NEW YORK, N.Y. – John McCain's campaign has floated the possibility that Sarah Palin may also suspend her campaign, matching McCain’s announcement that he would cease campaigning for president to return to Washington to try to hammer out a fix for the nation’s financial meltdown.

As the governor of Alaska, Palin cannot participate in the high-level federal government deliberations on the economy that McCain gave as his reason for suspending his campaign.

Yet, after McCain’s dramatic announcement, his campaign chief Steve Schmidt suggested Palin, the Republican vice presidential nominee, would also suspend her campaign.

“We're going to take the ads down. They won't be traveling. There won’t be rallies,” Schmidt said when asked about Palin’s campaign, according to a rough transcription provided to reporters."

http://www.politico.com/news/stories/0908/13883.html

Posted by: Anonymous | September 25, 2008 10:13 AM | Report abuse

Did you miss the part when McCain reminded us that he was an old fighter pilot? Maybe he should have taken a cue from John Kerry and saluted: "My name is John McCain and I'm ready to serve."

I'm surprised he couldn't figure out a way to shoehorn being a POW into the speech too.

Seems to me that was political.

This prompted me to write "McCain: Excuse me while I cancel the campaign to campaign." here:

http://www.capitolhillblue.com/cont/node/11374

Posted by: Hal Brown | September 25, 2008 10:10 AM | Report abuse

This is a time to rise above politics for the good of the country. We cannot risk an economic catastrophe.

Posted by: JakeD | September 25, 2008 10:08 AM | Report abuse

Hi Pals,
>
> I'm against the $85,000,000,000.00 bailout of AIG.
>
> Instead, I'm in favor of giving $85,000,000,000 to America in a We Deserve
> It Dividend.
>
> To make the math simple, let's assume there are 200,000,000 bonafide U.S.
> Citizens 18+.
>
> Our population is about 301,000,000 +/- counting every man, woman and child.
> So 200,000,000 might be a fair stab at adults 18 and up..
>
> So divide 200 million adults 18+ into $85 billon that equals $425,000.00.
>
> My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
>
>
> Of course, it would NOT be tax free.
>
> So let's assume a tax rate of 30%.
>
> Every individual 18+ has to pay $127,500.00 in taxes.
>
> That sends $25,500,000,000 right back to Uncle Sam.
>
> But it means that every adult 18+ has $297,500.00 in their pocket.
>
> A husband and wife team has $595,000.00.
>
> What would you do with $297,500.00 to $595,000.00 in your family?
>
> Pay off your mortgage - housing crisis solved.
>
> Repay college loans - what a great boost to new grads
>
> Put away money for college - it'll be there
>
> Save in a bank - create money to loan to entrepreneurs.
>
> Buy a new car - create jobs
>
> Invest in the market - capital drives growth
>
> Pay for your parent's medical insurance - health care improves
>
> Enable Deadbeat Dads to come clean - or else
>
> Remember this is for every adult U S Citizen 18+ including the folks who
> lost their jobs at Lehman Brothers and every other company that is cutting
> back. And, of course, for those serving in our Armed Forces.
>
> If we're going to re-distribute wealth let's really do it...instead of
> trickling out a puny $1000.00 ('vote buy') economic incentive that is being
> proposed by one of our candidates for President.
>
> If we're going to do an $85 billion bailout, let's bail out every adult U S
> Citizen 18+!
>
> As for AIG - liquidate it.
>
> Sell off its parts.
>
> Let American General go back to being American General.
>
> Sell off the real estate.
>
> Let the private sector bargain hunters cut it up and clean it up.
>
> Here's my rationale. We deserve it and AIG doesn't.
>
> Sure it's a crazy idea that can 'never work.'
>
> But can you imagine the Coast-To-Coast Block Party!
>
> How do you spell Economic Boom?
>
> I trust my fellow adult Americans to know how to use the $85 Billion
>
> We Deserve It Dividend more than do the geniuses at AIG or in Washington DC.
>
>
> And remember, The Birk plan only really costs $59.5 Billion because $25.5
> Billion is returned instantly in taxes to Uncle Sam.
>
> Ahhh...I feel so much better getting that off my chest.
>
> Kindest personal regards,
>
>
> T. J. Birkenmeier, A Creative Guy & Citizen of the Republic

Posted by: James | September 25, 2008 10:07 AM | Report abuse

It's obvious that Mac is putting our country first! Obama should follow the leader!

Posted by: camp_steveo | September 25, 2008 10:07 AM | Report abuse

Independent here, and I'm impressed with McCain's bold move. Here's a man who cares about his country and it makes me want to vote for him even more.

Posted by: Anonymous | September 25, 2008 10:07 AM | Report abuse

JakeD:

I'm not running for V.P., Sara is. Guess you haven't seen where McCain is trying to postpone little Sarah's debate next week too. Since McCain can't multi task, let Palin and Biden debate of Friday and Obama and McCain debate next Thursday.

Posted by: rm | September 25, 2008 10:06 AM | Report abuse

"Palin once blessed to be free from 'witchcraft'"

"A grainy YouTube video surfaced Wednesday showing Sarah Palin being blessed in her hometown church three years ago by a Kenyan pastor who prayed for her protection from "witchcraft" as she prepared to seek higher office.

The video shows Palin standing before Bishop Thomas Muthee in the pulpit of the Wasilla Assembly of God church, holding her hands open as he asked Jesus Christ to keep her safe from "every form of witchcraft.""

"On a visit to the church in June 2008, Palin spoke fondly of the Kenyan pastor and told a group of young missionaries that Muthee's prayers had helped her to become governor.

"Pastor Muthee was here and he was praying over me, and you know how he speaks and he's so bold," she said. "And he was praying 'Lord make a way, Lord make a way' ... He said, 'Lord make a way and let her do this next step.' And that's exactly what happened.""

http://ap.google.com/article/ALeqM5gvCzZ0SoitdKvCm5L-qbcB6KSGUQD93DIUQ80

Posted by: Anonymous | September 25, 2008 10:06 AM | Report abuse

From:
Head of State
http://headofstate.blogspot.com/2008/09/mccain-trailing-in-polls-continues.html

Wednesday, September 24, 2008
McCain, Trailing in Polls, Continues Campaign By "Suspending" It

John McCain, trailing by 9 points in national polls, has announced that he is "suspending" his campaign.

Having lost significant ground to Obama on the issue of the economy, and facing a potentially defining and withering debate on Friday where he would be confronted on his statements on the economy that have led to this sharp decline, McCain has attempted to change the rules of the game, to erase many past errors through a putatively "unpolitical" move--something we have seen before.

A simple question: Under the same economic conditions, if McCain had been leading, does anyone believe that McCain would have "suspended" his campaign?

This is the ultimate in cynicism--using the current conditions in order to attempt to blunt a sharp decline and try to control the media dialogue, through a political act designed to avoid a potential political debacle. He is continuing his campaign--which was leading to loss in all directions--by "suspending" it. It is an attempt to silence media criticism and questions--and to prevent a debate on these issues that for him is sharply unfavorable.

This is impulsivity masked as statesmanship, as well as an attempt to control the media dialogue, as we saw yesterday at the U.N. He wants to attempt to force media to avoid covering openly his flailing campaign--the cynically political masked as the unpolitical, as we saw in the VP pick.

McCain, in attempting to avoid the debate in the face of his decline in the polls, until he can try to control the issue that has caused his decline, shows an extraordinary willingness to use difficult conditions to erase and avoid political errors, and serve political needs.

The Chicago Tribune provides us with indication of what "suspending the campaign" actually means:

"John McCain's sudden "suspension'' of his campaign and his call for a postponement of the premier campaign debate Friday night has sparked a round of criticism from people asking why the presidential candidate cannot manage a financial crisis and a debate at the same time.

Among them: "Late Night's'' David Letterman, who told his own audience in taping at CBS today that he was hoping to see the Republican nominee for president but McCain called him to say that he had to rush back to Washington to deal with the nation's financial crisis. Then, as Letterman told it, he got word that in fact McCain was down the hall sitting for an interview with his colleague at CBS, Evening News anchor Katie Couric, which aired this evening."

This is just the time for a debate. We can work on solutions at the same time. Don't be cowed.

Cite:
Head of State
http://headofstate.blogspot.com/2008/09/mccain-trailing-in-polls-continues.html


Posted by: Marie Stewart | September 25, 2008 10:05 AM | Report abuse

What the heck? I'm very surprised by the Dems response to McCain's call to action. I can't organize a small party over the phone, how is Obama suppose to organize his Party on this comprehensive economic plan over the phone? It makes no sense.

Posted by: Anonymous | September 25, 2008 10:04 AM | Report abuse

This legislation is more important than any single debate. In hindsight, perhaps Obama should have accepted McCain's offer for WEEKLY townhalls and all these topics would have been covered already?

Posted by: JakeD | September 25, 2008 10:03 AM | Report abuse

"A suspension in name only

What exactly constitutes a "suspended campaign?"

Well, Team McCain is still working away this morning. Joe Pounder, the indefatigable press aide, blasted out his morning email of clips and quips to reporters with just a bit of dissonance

From Team McCain: "Good morning –

John McCain will be in New York City this morning to address the Clinton Global Initiative and then heads back to Washington, D.C. As announced yesterday, the campaign is suspending after today’s remarks. Now on to today’s news…""

http://www.politico.com/blogs/jonathanmartin/0908/A_suspension_in_name_only.html?showall

Posted by: Anonymous | September 25, 2008 10:02 AM | Report abuse

I'm so glad that McCain is doing this. He is a man of action and he will not play partisan politics while our economy burns to the ground. I'd rather have him work toward passing this bill. Postponing a debate on national defense is not going to hurt the economy. I'm willing to wait a couple days for the dabate. I think that there are more pressing matters to deal with right now.

Posted by: D stands for Dumb | September 25, 2008 10:01 AM | Report abuse

McCain's latest actions only make me respect him more.

Posted by: I'm correct | September 25, 2008 9:57 AM | Report abuse

rm:

Are YOU ready to debate McCain tomorrow? Don't be silly. Gov. Palin's debate is set for next week.

Posted by: JakeD | September 25, 2008 9:57 AM | Report abuse

"AM Trackers Suggest Poor Reaction to McCain Announcement

We'll have polling data rolling in all day, of course, but the very early returns suggest that the public may not have responded in the way John McCain might have liked to his announcement yesterday that he was "suspending" his campaign to attend to the financial crisis.

Two polls have been released so far that were conducting work in the field yesterday. The Research 2000 poll has Obama jumping from +4 to +6, on the strength of a +7 in the daily sample conducted yesterday. And Rasmussen Tracking has him moving from a +2 to a +3, his largest lead over McCain since 9/6."

http://www.fivethirtyeight.com/2008/09/am-trackers-suggest-poor-reaction-to.html

Posted by: Anonymous | September 25, 2008 9:56 AM | Report abuse

If he can't carry on, can't face the press, can't have his VP candidate face the press, doesn't want to debate, maybe he should just concede and be done with it.

Posted by: Anonymous | September 25, 2008 9:52 AM | Report abuse

If the legislation is signed by tomorrow at 5 pm, then let the FOREIGN POLICY debate proceed as set.

Posted by: JakeD | September 25, 2008 9:52 AM | Report abuse

Amazing. He can speak at an initiative on Thursday, but can't debate for a couple of hours on Friday? Okay, send Sarah on Friday. She's ready isn't she?

Posted by: rm | September 25, 2008 9:50 AM | Report abuse

What a sleaze.

The AP this morning is reporting that Congress is near a deal on the bailout and they are entering final negotiations today. In desperation, McCain is trying to glom some credit for the legislation and make himself look above politics. Here’s Congressman Barney Frank’s response:

“We’re going to have to interrupt a negotiating session tomorrow between the Democrats and Republicans on a bill where I think we are getting pretty close, and troop down to the White House for their photo op,” said Frank, the House Financial Services Committee chairman. “I wish they’d checked with us.”

Exactly. The bill is nearly done. McCain and Obama can sign off from anywhere. There is certainly no need to suspend campaigning and cancel the debate. John McCain looks like a self-interested sleaze. There is no other interpretation possible.

So today they’ll have their little meeting at the White House. Congress, without McCain, will get provisions on executive compensation, taxpayer protection, and likely, a phased roll-out. Good, bipartisan work by Congress.

John McCain had nothing to do with it.

The last thing we need is McChaos bringing more confusion to a troubling situation. Americans need calm, deliberative leadership. Not shotgun wildness.

At what point do Americans finally get fed up with McCain’s antics? Clearly, he is unfit to be president. Frankly, I wouldn’t even let him be my senator again after this.


http://nahnopenotquite.com/

Posted by: ES | September 25, 2008 9:44 AM | Report abuse

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