Dow Jones loses 777 points. How can we not elect John McCain: http://www.democraticunderground.com/top10/08/324_mccain.gif
McCain: More of the Same on Deregulation Pelley: In 1999 you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now? McCain: No, I think the deregulation was probably helpful to the growth of our economy. (60 Minutes, CBS) McCain still thinks deregulation is a good idea, even while endorsing a Wall Street bailout that would add a trillion dollars to our national debt. So conservatives everywhere, are you really voting for candidate that endorses both bailouts and no regulation? The country is nearly bankrupt with debt, there will come a day when no one will buy our debt bonds just like right now no one will buy bonds or shares of the big Wall Street firms! http://mnblue.com/node/2238
and he'll give us tax cuts, because it's not like the country has massive debt that will eventually have to be paid off by its children.
the way to fight deficit spending is to cut spending and pay off the debt you have the funds coming in, not raise taxes. When you max out your 20K limit credit card is the smart thing to do to get a new credit card, negotiate a lower interest rate, or stop using credit cards so much?
McCain Said Healthcare Reform Should Mirror Banking System By the DiversityInc staff October 01, 2008 Before the economic collapse, Republican presidential nominee John McCain wrote that he wanted to mirror the healthcare system after the banking system, according to an article he penned for Contingencies magazine. In the piece, McCain wrote: "Opening up the health-insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation." Appearing before an audience in Florida, Democratic presidential nominee Barack Obama told the audience: "Folks, you can't make this stuff up. If my opponent had his way, the millions of Floridians who rely on it would've had their Social Security tied up in the stock market this week." http://www.diversityinc.com/public/4492.cfm
You strike me as a person who looks for information from sources that you know will provide you with what you want to hear. Are you interested in learning more about what caused the mortgage crisis? Or are you content with blaming John McCain and calling it a day? You should be asking...So conservatives, are you really voting for a candidate that sponsored a bill in 2005 that would have put regulations on GSE's that may have prevented this mortgage crisis?
I personally like Hillary's idea of "Healthcare for everyone!" Of course, everyone would have healthcare because it would be government mandated, and if you did not comply you would be penalized, possibly with garnished wages. Nothing like the government FORCING you to pay for healthcare. Obama himself has said that his plan is 95 percent in common with Clintons, but that 5 percent is a source of contention. Sounds wonderful.
McCain and Bush: Unconcerned with the Needs of Ordinary Americans By Robert Scheer Oct 2008 Perhaps John McCain is not a perfect replica of George W. Bush, but the parallels go beyond the senator's enthusiastic support for the toxic mix of Bush's imperial foreign policy and his arrogant indifference to the travails of our domestic existence. Neither man seems to have any sense of how we actually live or what we need from government. How else to explain their common antipathy to Social Security and Medicare, which, after public education, represent the nation's most successful programs? Can you imagine the panic today if McCain and Bush had succeeded in tying Social Security to investments in the stock market? They view government as nothing more than a proud sponsor of the military-industrial complex while ignoring the threat to homeland security from corporate pirates. Don't say we weren't warned. Bush came into office believing fervently that what was good for Enron and its CEO, Kenneth "Kenny Boy" Lay, Bush's top financial sponsor, was good for the country. So, too, McCain, who chose Phil Gramm as co-chair of his presidential campaign, ignoring the huge loophole in Gramm's Commodity Futures Trading Act, which allowed Enron, where his wife, Wendy Gramm, was on the board of directors, to so shamelessly game the energy market. Trumpeting the benefits of the legislation he tacked onto an omnibus spending bill the day before the 2000 Christmas recess, then-Sen. Gramm stated: "It protects financial institutions from over-regulation. It provides legal certainty for the $60 billion market in swaps." Those swaps created the toxic investments that U.S. taxpayers are now stuck with as the nation struggles to save those unregulated financial institutions from bankruptcy. McCain, who should have learned the cost of radical deregulation from his own involvement in the savings and loan scandal as one of the infamous "Keating Five," totally bought Gramm's line. McCain was the chair of Gramm's 1996 presidential bid and up until major Wall Street firms collapsed continued to echo the insistence of the former-Texas-senator-turned-banker that there was no real crisis in the financial markets. http://www.alternet.org/election08/...oncerned_with_the_needs_of_ordinary_americans
Sounds wonderful compared to what? Paying twice as much for half the service? Arguing with your insurance company that the life saving surgery for your wife was "medically necessary" because profit motive forces them to deny all the claims they can, including legitimate ones? Having to pay for the anesthesia yourself because the insurance company decides the anesthesiologist was "out of network"? Fighting for your dignity and finding there are no regulations that protect you? Yeah, it does sound wonderful. I lived in Canada for a long time. Now i've lived here for a long time. Sounds wonderful.
Four more years of Bush? ... one week to answering that question. By John Whitesides, Political Correspondent October 26, 2008 DENVER (Reuters) - Democrat Barack Obama sharpened his criticism of rival John McCain on Sunday, warning a record crowd of more than 100,000 supporters that a McCain White House would mean four more years of failed Republican policies and broken politics. "We're not going to let George Bush pass the torch to John McCain," Obama told the biggest crowd in his record-setting campaign. The thunderous crowd, which exceeded the 100,000 who saw Obama at a recent rally in St. Louis, jammed a downtown Denver park and filled the steps of the Colorado state capital building. "Just this morning, Senator McCain said that he and President Bush 'share a common philosophy,'" Obama told the crowd. "I guess that was John McCain finally giving us a little straight talk." Obama repeated the criticism at a later rally in Ft. Collins, where about 50,000 supporters filled a campus yard at Colorado State University. http://abcnews.go.com/Politics/wireStory?id=6115072
McCain Is Just More of the Same As Bush McCain: "There Was A Recent Study That Showed That I Voted With The President Over 90 Percent Of The Time." During an appearance on FOX's "Your World with Neil Cavuto," McCain said, "The president and I agree on most issues. There was a recent study that showed that I voted with the president over 90 percent of the time, higher than a lot of my even Republican colleagues." Read more http://www.justmoreofthesame.com