"Barack Obama seems well informed and sensible about matters economic and financial."

What?
His answer is to take it from the rich. He has no idea what forces drive an economy. Mccain, on the other hand knows that business is the only way for us to recover and will promote new ventures instead of strangling small business and the people.

"His answer is to take it from the rich. He has no idea what forces drive an economy."

Maybe he looks at those awful, awful taxes Clinton imposed on his way to a balanced budget, and looks at the fact the DJIA rose 225% on Clinton's watch versus 6% on Bush's watch, and concludes giving 60% rate cuts to the richest among us wasn't a very smart idea, especially during wartime and the largest deficits known to man.

Bush seemingly only knows "what forces drive an economy"...into the ground.

3 AM, saturday - phone ringing

McCain; Ciiiiinnnnnnddddddyyyyyy, get the PHONE you cunt.

Cindy; It's the secretary, he needs to speak to you.

McCain; But it's saturday, I'm off until monday. Oh alright I'll take it. Hello.

Caller; John, Phil Gramm, the big banks need more money from the taxpayers, one of them wants to buy the croatia for a vacation get-away.

McCain; how much this time?

Gramm; Everything.

McCain; Oh alright, just let me get back to sleep. Cindy bring me a viagra and a virgin.

obama: "i'd HOPED this never happened..."

Attboy "Nanc". What a pathetic clown you are.

How much did Cindy lose in her stock today?

The McCain's pulled their money out of AIG, Fannie and Freddie in 2005

AU,

It don't mean they haven't lost money in the "fundamentally sound" economy.

obamiac has been shitting himself since the clowns on the left nominated him, nothing worse than a know nothing puppet dangling from the strings of george soros and acorn.

And on a brighter note, nancy pelosi had surgery to remove her head from her ass, as she tried like hell to paint this as a Bush domestic policy failure, let the investigations begin now, before the election, let's see how deep your worthless asswipe of a candidate from the left is in this, up to his head , we will find.This whole crises started 2 years before Bushy, bubba was up to his ears in this, giving the unemployed homes on the tax payers dime. the lowlifes involved in this better do some prison time, starting with clinton, obama, reid, chris dud, barney frank's ex boyfriend who worked for fanny mae.

JIMMY

There's a white horse wandering in the middle of the street in D.C. at 14th and K NW

The saddle has the initials "JSMc"

I was trying to think of something really snarky to say on this subject but theres no material to work with.

fuck

John McCain can't even handle a box of Depends much less the economy.

Larry

PS Why do they call Adult diapers Depends anyways??

Democrats defended and shielded Fannie and Freddie from oversight and handed the nation with disaster. Started by Bill Clinton and defended by the likes of Barney Franks and Maxine Waters....

McCain has a tool now --- actually solid evidence --- that the Democrats played a huge role in this financial tsunami. He can put this on Obama's neck, while Obama tries to put Bush on his neck.

Solid evidence.

Evidence: newsmax.com

LOL... ya

McCain will be the next President if he can beautifully weave this around Obama's neck.

http://newsmax.com

McCain will be the next President if he can beautifully weave this around Obama's neck.

January 2001 through January 2007 6 years with Full control of the government.

Ya that'll work......

no, sorry takeitez, won't work because Obama has a trump card with Phil Gramm's picture on it.

Evidence in video. Newsmax dot com.

McCain will be the next President if he can beautifully weave this around Obama's neck.

http://newsmax.com

#17 | Posted by takitez at 2008-09-29 08:53 PM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e

Whats really funny is seeing the republicans turn on chimpy like a pitt bull on a pork chop....

All of a fucking sudden this clown in the whitehouse doesn't know what he's doing and they don't trust him...

too funny

Obama, get more experience and come back eight years later --- I'll vote for you then.

Isn't newsmax akin to no name no frills toilet paper only good for the most basic of functions??

Larry

Maybe Bush should have suspended his presidency on 9-11. That way the failures wouldn't be his fault...

btw, takeit, is McSame's chief of staff still on Fannie and Freddie's payrolls?

Sort of explains why McSame is so clueless on the economy. "Today we are all sub=prime mortgages."

Sort of explains why McSame is so clueless on the economy.

Our economy, I think stillthe fundamentals of our economy are strong."
~John McCain September 15, 2008

If only Lieberman had been around to set him straight.

Larry,

Newsmax is a reputable magazine that allows liberal opinions to be heard along with the conservative ones. Very fair.

Newsmax along with WorldNUTDaily are a farce and half. They are actually worse than school issued toilet paper. You know the kind that is folded up in small little napkins put into that stupid assed dispenser metal box.

Larry

Obama, get more experience and come back eight years later --- I'll vote for you then.

#22 | Posted by takitez at 2008-09-29 09:09 PM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e

Yeah, im sure you would.

I doubt he'll need it though. McCain is on his way to self destruction. His attack is warranted as it is a battle for the whitehouse, but the attack McCain is using is not factual... Simply rhetoric.

McCain is getting free publicity and making calculated statements. (Considering he has less campaign money than Obama, this strategy of suspending his campaign is working well).

McCain is down 2 in North freakin' Carolina. He might lose Indiana. He may be getting free publicity, but I don't think it's the good kind.

You can nuance policy, but joe sixpack doesn't give a shit about nuance. He knows that Bush has been President for 8 years, had a GOP Congress for 6 years, and was able to shove through any legislation he wanted, including an entire trillion dollar war based on lies.

Put simply, the way Bush/Cheney ran this country betrays any attempt to show them as weak and helpless to the Democrats. (I'm talking about minority lending). Nobody's going to buy that Bush and the GOP were helpless to do anything, (and they weren't). Shit, look at today. The Dem Congress is still bowing to Bush, even when the GOP won't.

Anything you try to hang on the Democrats will be hung on Bush, the GOP and McCain because they've been in power completely.

I'm not happy with the Dem Congress either. Hell, I might not vote for my Dem Congresswoman because of the way they led. But I'm sure as hell not voting for another Republican administration after what Bush did.

He may be getting free publicity, but I don't think it's the good kind.

Sort of like all the "free publicity" Letterman gave him.

Takeit doesn't differentiate when people stop laughing with you and start laughing at you.

Suspenderboy got on part 2 last week.

No problem appearing in Letterman's show --- but not at this time. No time to be fooling around in times of crisis.

McCain escaped from a trap by dissing Letterman and appearing on CBS to get free publicity and appeared Presidential.

"appearing on CBS to get free publicity and appeared Presidential"

Definitely. He kinda reminded me of James Buchanan.

Krugman: It's 3 a.m., a few months into 2009, and the phone in the White House rings. Several big hedge funds are about to fail, says the voice on the line, and there's likely to be chaos when the market opens. Whom do you trust to take that call?

Why should anyone in the white house take the call period.

The only thing the government should be doing now is going after all who broke our laws, those companies that did not secure there funds according to the law.

He admitted awhile back in a republican debate that the economey wasn't his strong suit. Smart ass.

Newsmax is a reputable magazine that allows liberal opinions to be heard along with the conservative ones. Very fair.
#26 | Posted by takitez at 2008-09-29 09:18 PM

Where do you get this amazing stuff?
I mean, do you have your own lab or does Stanley Owsley drop by every now and again?

First of all, John McCain's run for the presidency is a joke.

It's a hail mary for the neocons, just in case voters are even more dumb than they expected.

As it turns out, they're right. Some actually are.

Isn't it amazing?

"Isn't it amazing?"

It's mindboggling, that's what it is.

That after the hosing the American people have received under Bush they'd even consider letting McCain get his mitts anywhere near the helm is something I wouldn't have believed possible unless I'd actually seen it.

This guy's entire approach throughout his life has been one big "Fuck you!" His contempt for others manifests itself in ways both great and small. The worst, so far, is his selection of Palin. "You won't let me have Lieberman? Okay, here, take this . . . and fuck you!"

We'd be less than a year into a McCain presidency before at least 20% of the people who voted for him started expressing buyer's remorese. Too little, too late.

The more I see of McCain the more I understand the judgment of some of his fellow politicos: temperamentally unsuited for the presidency. And that's being polite.

" appearing on CBS to get free publicity and appeared Presidential"

appeared moronic more like it

the only reason there is any votes for mccain is that the republican spin machine has made obama appear "shady" and "un trust worthy" with lies, manipulations and straight up bullshit.

mccain has called chicago a corrupt city

to think, an american presidential nominee calling one of america's top cities, corrupt.

what next mccain, we start sending troops into chicago to qwell the corruptness and start a regime change?

jesus this guy is a lunatic

mccain is rash and hasty and thinks its leadership?

what happened to wise old man?

another word for rash and hasty; foolhardy
yup, mccain the fool

spending freeze.
what?

put the usa on life support?
i'm sorry mccain
but the people of the usa can't suspend our campaigns like you did.

"McCain escaped from a trap by dissing Letterman and appearing on CBS to get free publicity and appeared Presidential."

Riiight. He made himself look ridiculous and dishonest too. Letterman is still razzing McCain about it.

mccain can't handle the truth, telling it that is
what mccain doesn't understand is.. everything

Yeah, Letterman thinks McCain 'used' him and then dissed him.

But as President he will do a better job in the investigation of Freddie and Fannie: they have served subpoena.

what mccain doesn't understand is.. everything

#42 | Posted by klifferd

FF

Well, currently we're suffering the consequences of Democrats' resistance to increased regulation of Fannie Mae and Freddie Mac. Bill Clinton even thinks so.

"Well, currently we're suffering the consequences of Democrats' resistance to increased regulation of Fannie Mae and Freddie Mac. Bill Clinton even thinks so."

Democrat's resistance somehow overcame Republican majorities in both houses of Congress.....amazing!!!

"Democrat's resistance somehow overcame Republican majorities in both houses of Congress.....amazing!!!"

#46 | Posted by danni

That's what Bill Clinton said. That's also the excuse the current Dems (majority) are using.

But as President he will do a better job in the investigation of Freddie and Fannie: they have served subpoena.

#43 | Posted by takitez

Highly doubt that considering Rick Davis was paid as a lobbyist up until August for the privilege of having access to McCain.

**** No problem appearing in Letterman's show --- but not at this time. No time to be fooling around in times of crisis.
...... Posted by takitez ******

......sure......go have dinner with Lieberman while the entire Congress is working till 2 in the morning......that's leadership for you........

.....and McCain failed.......

......utterly and totaly.......

......to get the Repubs onside for the vote......he had commercials ready that said the had delivered the votes to save America .....and he couldn't even deliver the Repubs............total failure........

......he'll be a footnote in history........

"I'll take History for 2,000 Alex"

What presidential nomimee in the past twenty years made commercials of the outcomes of all his endeavours before they actually happened ?

" Could it be McSame... or McLame.. or something like that ? "

I'm sorry but you lose...the answer is John McCain ....nobody remembers him anymore... so this was a tough one........

"That's what Bill Clinton said."

No matter what he said, the Republicans held the majority and could have done whatever they wanted to.
As far as the Dems not passing this bill without the proper support from the Republicans...I hope they continue to refuse....either the hold outs will be heros or they will be blamed when and if the economy tumbles. They are gambling with America's financial security...I hope they are right.

They are gambling with America's financial security...I hope they are right.
52 | Posted by danni

How did we end up on the same side of the issue?

"Well, currently we're suffering the consequences of Democrats' resistance to increased regulation of Fannie Mae and Freddie Mac. Bill Clinton even thinks so."

This is what I'm talking about. You've got Cheney's secret energy meetings, Iraq, $9 Billion in cash flown into Baghdad in the dead of night, tax cuts for the rich, Gitmo, torture, warrantless wiretappings, FISA, the Patriot Act and signing statements, yes, signing statements.

The Bush administration got everything they wanted, EVERYTHING. They violated the 4th Amendment for Christ's sake. If they wanted regulation they would have pushed it through. The GOP Congress was impotent? Please.

They are gambling with America's financial security...I hope they are right.
52 | Posted by danni

WTF - danni in a lucid moment

so news max too conservative how about NY post? look at your "boy" Now liberals he helped create this mess oh yea he can handle the economy ...right to the toilet

"...liberals he helped create this mess"

The party out of power was calling the shots?!?

Thanks for admitting that even while controlling all three branches of government, Republicans can't govern.

just like the part now in power cant pass a lot of legislation without some crossover, your statement danforth is reflective of your ignorance of the system, the majority is and was barely that.... moron

"your statement danforth is reflective of your ignorance of the system, the majority is and was barely that..."

If that were the case, I'm sure you can show me regulation plans proffered by the Republicans which were filibustered by the Democrats.

Ultimately, the party in power gets the credit or blame. They weren't called Congressvilles, they were called Hoovervilles. And I've yet to see one iota of responsibility taken by the so-called 'party of responsibility'.

"moron"

Says the guy who claims liberals are to blame when the Republicans held all the reigns of power.

I have heard Righties a number of times blame the Dems for the Iraq war failings too. Nevermind that you guys are driving the bus, I guess it's the passengers fault when you run into a ditch?

The party of "personal responsibility" is a complete freaking joke.

The point is ... why cant the party in power now get the bill passed that your house speaker is blaming republicans for not voting on? You are in power, why cant you fix the problem...and by the way this was not filibustered by the republicans... or do you see a straight up and down vote as a filibuster when you lose? oh my, Dambforth what a skewed world you must live in.

how about NY post?

The opinion page?

Get real.

so news max too conservative how about NY post?

"The point is ... why cant the party in power now get the bill passed that your house speaker is blaming republicans for not voting on?"

Obviously they could but why should they take all the responsibility for passing a bill proposed by the Republican administration?? It is only smart politics on something of this nature to wait for Republican support or else let it die. Pelosi brought the number of votes she agreed to bring, the Republicans did not.

This is what I'm talking about. You've got Cheney's secret energy meetings, Iraq, $9 Billion in cash flown into Baghdad in the dead of night, tax cuts for the rich, Gitmo, torture, warrantless wiretappings, FISA, the Patriot Act and signing statements, yes, signing statements.

The Bush administration got everything they wanted, EVERYTHING. They violated the 4th Amendment for Christ's sake. If they wanted regulation they would have pushed it through. The GOP Congress was impotent? Please.

#54 | Posted by Norm_

That's right they got everything they wanted and the GOP rubber stamped it. They fucked things up, and as a result, I'll be rebelling and voting third party or staying home.

But pardon me if I have no faith that the dems will do any better, especially in light of their culpability.

"But pardon me if I have no faith that the dems will do any better, especially in light of their culpability."

Comparing the "crimes" of the Dems who, admittedly, did have some responsibility for eliminating regulations etc. to the real crimes committed by the Bush administration is like comparing a speeding ticket to murder 1. There is no defense of the Republican Party so their only way to defend themselves is to spread the guilt and pretend that the various crimes were relatively equal when they weren't even close.

Obviously they could but why should they take all the responsibility for passing a bill proposed by the Republican administration??

But Danni why not focus on the 40 Dems that did not vote on it, it is your party in charge why has your party not put together a comprehensive bill rather than waiting on Bush to do it ...is yours just the party of critics, able to come up with nothing itself but can criticize all other effort. "you could" is not the same as "you did" ...well maybe except for you and your ilk.

"But Danni why not focus on the 40 Dems that did not vote on it, it is your party in charge why has your party not put together a comprehensive bill rather than waiting on Bush to do it .."

Actually that is exactly what Ithink they should be doing but I believe the bill they would write would probably get filibustered by the Republicans because it would focus on the homeowners, help them stay in thier homes and leave the banks holding the bad mortgages they sit on now.

What would be the fallout if this whole bailout fiasco on the part of the Republican party was a tool to get the VP debate cancelled?

McCain is considering "suspending" his campaign once again.

Didn't he fuck up the negotiations enough the first time?

Danni, Bush tried to regulate this 5 years ago and the dems filibustered, dont give me this crap that the dems are now going to save the world with a comprehensive bill, the dems are up to their eyeballs in horse crap and point fingers that its the repubs horse.

"Danni, Bush tried to regulate this 5 years ago and the dems filibustered"

Not according to the article you linked.
Try again.

Democrat downplaying crisis back when republicans were trying to fix it:

"These two entities -- Fannie Mae and Freddie Mac -- are not facing
any kind of financial crisis,'' said Representative Barney Frank of
Massachusetts, the ranking Democrat on the Financial Services
Committee. ''The more people exaggerate these problems, the more
pressure there is on these companies, the less we will see in terms of
affordable housing."

Not according to the article you linked.
Try again.

#71 | Posted by danni

Danni Bless her heart, (polite southern speak demeaning the individual) cant figure out the crux of the matter of when it was introduced in 2003 and the non-passage of the oversight... and the comments from Barney Frnak the ranking Democrat on the Financial Services
Committee.....sorry danni, it was not in the cool-aid form you needed.

Poor Dumb Danni ...note the article was written in 2003 and the new title is renamed for the conclusion of what happened. Good Grief, each day must be a new beginning for you.

The old title of the article is:
"New Agency Proposed to Oversee Freddie Mac and Fannie Mae"

By STEPHEN LABATON

Spetember 11, 2003

The Bush administration today (September 11, 2003 THE DAY BUSH INTRODUCED THE PLAN IN 2003...NOTE DANNI NOT TODAY SEPTEMBER 30, 2008) recommended the most significant
regulatory overhaul in the housing finance industry since the savings
and loan crisis a decade ago.

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

Danni, this was done in 2003 not 2008 you poor ignorant twit...try to keep up here.

Seems as at this point many others agree:

Ohio InAdv/PollPosition McCain 45, Obama 47 Obama +2
Virginia InAdv/PollPosition Obama 51, McCain 45 Obama +6
Georgia SurveyUSA McCain 52, Obama 44 McCain +8
National Gallup Tracking Obama 49, McCain 43 Obama +6
National Rasmussen Tracking Obama 51, McCain 45 Obama +6
National Hotline/FD Tracking Obama 47, McCain 41 Obama +6
Florida PPP (D) McCain 46, Obama 49 Obama +3
New Jersey Strategic Vision (R) Obama 48, McCain 39 Obama +9
Pennsylvania Morning Call Obama 49, McCain 41 Obama +8
National GW/Battleground Tracking Obama 48, McCain 46 Obama +2

I personally do not have a horse in this race. One candidate has virtually zero experience and the other is old school.

I do have an opinion on THIS matter though.

Obama as a community organizer was with ACORN. ACORN made a big push and lobbied for the lending restrictions to be loosened under the guise of what else...racism. Well ACORN and other groups just like it finally got their way.

It was during the Clinton Admin that the lending institutions loosened their lending restrictions. So the core of the housing bubble does fall largely in the DEM's lap.

Since OBAMA pushed for the lending institutions to give loans to people who could not pay them back philosophically he was on the wrong side of the fence on this one.

Yes, the Bush Admin had 7 yrs to change the restrictions, so the REP's are in part to blame as well.

I do find it ironic that OBAMA has the EX CEO of Fannie Mae as a key advisor for him. Maybe he owed the CEO a job since Obama has received the 2nd most $$$ from Fannie and Freddie than any one else. Of course this is what you might call "change"...I call it politics as usual.

I personally would not choose the Ex CEO as a trusted advisor when he was in large part the blame for the housing bubble in the first place. Once again, another poor choice for Obama.

The author of this article is not balanced in his views and obviously has an agenda. The sad thing is that most people will not research what they read and just believe it as fact.

Please be aware that I am not voting for McCain either. So OBAMAMANIAC'S keep your insults for someone else.

You don't have to vote for Obama, just don't vote for McTwat and Grumpy. Vote Barr. Vote Bullwinkle and Rocky. Vote "short squeaky guy from Texas". Stay home and get drunk!!!! Anything works.

Reinsurelaw:

Danni, Bush tried to regulate this 5 years ago and the dems filibustered, dont give me this crap that the dems are now going to save the world with a comprehensive bill, the dems are up to their eyeballs in horse crap and point fingers that its the repubs horse.

Its a testament to your ignorance and others like you that you completely miss the political reality regarding Bush and his desire to regulate F & F. You view the story of that attempted regulation through the lens of F & F's current state of disarray and not through the lens of the politics of the time, which included a congress with a weary eye on the president and his consolidation of power under the executive, a process that the democrats (and all of us) have been witness to since the beginning of the Bush presidency.

The regulations that Bush was proposing included shifting oversight from the congress (and limited oversight at that) to the treasury, an executive office. Any time a president attempts to gain more power, it should be the congress' responsibility to stop him, from a Constitutional stand point, they did the right thing even though the outcome -- which may or may not have been better or worse had Bush been allowed to go forward with his plan -- was not favorable.

Had Bush had even the slightest political sense and even a modicum of regard for F & F, he would have adjusted his policy to request that congress itself exert further oversight by working with house and senate republicans (who were the majority at the time) to pass legislation in a more constitutional manner. That he did not go this route suggests that proper regulation of F & F was not really on his agenda.

Go back to school.

Sounds like the Grand Old Party is circling the wagons for One Famous Last Stand on with the weapon of choice being blaming Democrats for the Great Wall Street Scam of 2008.

I sense that this won't fly. As we try to dig out from the rubble under President O'Bama, Bush, Cheney, Rove, McBush and the Alaska Airhead will seem like a very scary dream from childhood. herm

Clinton admitted the dems responsibility in this mess and McCain is running it in his ad (saw it on Newsmax)

"McCain is running it in his ad"

Oh, then it must be true.

(John McCain: Bad boy poster child of factcheck.org)

Had Bush had even the slightest political sense and even a modicum of regard for F & F, he would have adjusted his policy to request that congress itself exert further oversight by working with house and senate republicans (who were the majority at the time) to pass legislation in a more constitutional manner. That he did not go this route suggests that proper regulation of F & F was not really on his agenda.

Go back to school.

#78 | Posted by apparatchik

Yes high school drop out, you yourself are seeing things from todays standards in your retort as to what "should have been done", you cant stick to your own premise in your argument! you will vote for the muslim loving white hating Obama who said:

I will stand with the Muslims should the political winds shift in an ugly direction.'

>From Dreams of My Father: 'I ceased to advertise my mother's race at the age of 12 or 13, when I began to suspect that by doing so I was ingratiating myself to whites.'
From Dreams of My Father : 'I found a solace in nursing a pervasive sense of grievance and animosity against my mother's race.'
From Dreams of My Father: 'There was something about him that made me wary, a little too sure of himself, maybe. And white.'
From Dreams of My Father: 'It remained necessary to prove which side you were on, to show your loyalty to the black masses, to strike out and name names.'
From Dreams of My Father: 'I never emulate white men and brown men whose fates didn't speak to my own. It was into my father's image, the black man, son of Africa , that I'd packed all the attributes I sought in myself , the attributes of Martin and Malcolm, DuBois and Mandela

So dont lecture me you blatherskite

HERM,

It seems to me that the Dem's are the party that is pushing the Bailout...they recently blamed the Rep's for not voting for the bailout...I wonder why?

If you Dem's want to deny that the loosening of the lending restrictions started during the Clinton Admin, at least show your proof. We all know that the loosening of those restrictions is the foundation for the majority of this mess.

Here is a piece of an article in the NEW YORK TIMES from 1999.

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

Reinsurelaw:

you yourself are seeing things from todays standards in your retort

Care to elaborate? I don't see where I'm guilty of this.

I don't even know why I bothered. I can tell by your "muslim-lover" retort that you've only a couple broken eggs in your basket.