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McCain`s Greatest Flip-Flop - 9/17/2008 8:14:29 PM

Owner59

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From: Dirty Jersey
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Regulation,......

McCain has always called himself a de-regulator.

The Reagan republican feels that the less gov. regulation,the better.

The government(and those pesky regulations) are the problem,and never beneficial.

Mitt said at the recent GOP convo,that McCain would "take a weed whacker" to government regulations.

McCain touts himself as the de-regulator,and did so again just weeks ago.The incarnation of Reagan and carrier of his torch.

Well,now he says he`s going to regulate the markets and "reform the way Wall Street does business"

Of course he has no specifics.No actual plan,besides tax cuts for the moneyed class and a blue ribbon commission to "study" the issue.

Instead,he`s selling himself as the "crisis handler" who can handle any crisis.Doesn`t matter what crisis.That`s irrelevant.He can do it,just trust him,because he`s now the regulator.

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RE: McCain`s Greatest Flip-Flop - 9/17/2008 8:39:39 PM

MzMia

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Owner can you say BIG TIME flip flop?

McCain = Bush

Master List of McCain Flip-Flops and Gaffes

Here are about 40 of McCain's current flip flops caught on tape.

YouTube - McCain Flip-Flops On Tax Cuts

There are about 100 links on McCain's flip flopping and lies today.
I have been waiting for this thread, thanks Owner!
Let the games begin.

< Message edited by MzMia -- 9/17/2008 8:51:58 PM >

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RE: McCain`s Greatest Flip-Flop - 9/17/2008 8:57:41 PM

MzMia

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McCain Flip Flops on the AIG Bailout!
Even at a time like this, he is flip flopping all the time,
and we all see it.

All eyes are on McCain, and the men behind the curtain
can't cover this up, these issues are too big.

Now back to Obama bashing.
Obama did not do his homework one night, when he was in 8th grade.
lol

< Message edited by MzMia -- 9/17/2008 9:00:20 PM >

_____________________________

Namaste'
To Each His/Her Own
"DENIAL ain't just a river in Egypt." Mark Twain

What's your favorite fetish?
"My partner's whisper"--bloomswell

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RE: McCain`s Greatest Flip-Flop - 9/17/2008 10:47:05 PM

cloudboy

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Why can't we just throw the term "flip-flop" out the window. The supposition here is that ideological rigidity to one position or way of thinking is a virtue.

Times change. Circumstances change. Reasonable men adopt to the new circumstances and times.

The real problem with McCain and the Republicans is not that they want regulation now, but that they didn't push for the FED to do anything 2-3 years ago when the real estate mess was brewing.

As I see it, the problem with McCain is not so much McCain himself, but the orthodoxy imposed on him by his Party affiliation. Under this orthodoxy, de-regulation, tax cuts, unlimited gun rights, strict constructionist judges, and explosive defense spending are always right 100% of the time. To alter these creeds and mandates is a betrayal of the Party's trust.

As we see, it takes a catastrophe to get them to change positions. Sadly, they are not allowed to exercise foresight.

Note: A friend of mine uttered a funny phrase today: Socialize losses and privatize profits. I think he got it off an NPR interview. I guess it comes from businesses wanting endless tax cuts and breaks and then bailouts for their misfortune. It adds up to some free market, doesn't it?

P.S. Democrats not exempted from the problem here. But the executive --- the enforcement arm of regulation -- has been squarely in Republican hands.

< Message edited by cloudboy -- 9/17/2008 11:26:49 PM >

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 12:48:25 AM

corysub

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quote:

ORIGINAL: cloudboy

Why can't we just throw the term "flip-flop" out the window. The supposition here is that ideological rigidity to one position or way of thinking is a virtue.

Times change. Circumstances change. Reasonable men adopt to the new circumstances and times.

The real problem with McCain and the Republicans is not that they want regulation now, but that they didn't push for the FED to do anything 2-3 years ago when the real estate mess was brewing.

As I see it, the problem with McCain is not so much McCain himself, but the orthodoxy imposed on him by his Party affiliation. Under this orthodoxy, de-regulation, tax cuts, unlimited gun rights, strict constructionist judges, and explosive defense spending are always right 100% of the time. To alter these creeds and mandates is a betrayal of the Party's trust.

As we see, it takes a catastrophe to get them to change positions. Sadly, they are not allowed to exercise foresight.

Note: A friend of mine uttered a funny phrase today: Socialize losses and privatize profits. I think he got it off an NPR interview. I guess it comes from businesses wanting endless tax cuts and breaks and then bailouts for their misfortune. It adds up to some free market, doesn't it?

P.S. Democrats not exempted from the problem here. But the executive --- the enforcement arm of regulation -- has been squarely in Republican hands.

I think it was one of the Presidential candidates that said that the attacks on his record were "just distractions"! It was one of the few comments he has articulated so elequently that I think has some merit in the political jousting that goes on every four years in this country. Of course the "Executive" has responsibility for enforcement, BUT only of rules "legislated" by Congress. It was Mr. Cuomo who "deregulated Fannie Mae and Freddie Mac during his ill-advised tour in Housing during the Clinton Administration. It was Mr. Cuomo who changed the authority under which both of these institutions were allowed to insure mortgage loans, opening up the game for banks to lend to inferior borrowers, people buying homes at prices stretched well-above any possibility of pay-back with no interest down, no income check deals. When Senator McCain warned of the growing risks to taxpayers from the reckless activites of these two companies in his 2005 report to the Senate and sponsored a Bill to 'TIGHTEN" regulation it was defeated by democrat and and some republican nay votes! You will be hearing more of this story and will be a worthwhile education for everyone.

Insane and ill-infomed rhetoric might make for interesting and even very funny at times, but it is no more than an attempt at "distraction" from the real issue in this race..."Who is the man that has the experience to be at the helm of the ship of government during these times" Forget about campaign promises...most never are fulfilled or remembered.

The Presidents job is like warfare, every plan is obsolete when you meet the enemy! Who do you want protecting our security, who has the politcal and human maturity, the experience, and proven ability to perform under pressure? That's the decision we all face making in November. A man is known not by his "words" but by the friends he keeps....something to think about.

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 1:45:21 AM

meatcleaver

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quote:

ORIGINAL: cloudboy

Note: A friend of mine uttered a funny phrase today: Socialize losses and privatize profits. I think he got it off an NPR interview. I guess it comes from businesses wanting endless tax cuts and breaks and then bailouts for their misfortune. It adds up to some free market, doesn't it?

Republican Capitalism = Socialism for the rich. That is the only way one can describe what is happening today. Sure up the banks but sorry, the foreclosures on private houses have carry on or that will raise the interest rates in future.

< Message edited by meatcleaver -- 9/18/2008 1:46:06 AM >

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 4:50:44 AM

housesub4you

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What I think is interesting is how well he is teaching his VP choice to do the same.

Last week when Gibson asked her "When he asked you to be his VP pick, how long did it take you to decide.

Her response......1 second, I knew it was the right thing to do

Yesterday when Fox's Hannaity asked her the same question, She responded that she talked about it with her girls for awhile and they as a family agreed she should accept.

I'm sure the clips will be on youtube soon, just don't have time to dig them up

So which story will she say when she is interviewed by Katie????

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 8:21:18 AM

cloudboy

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I don't see why anyone would feel the need to make excuses for the incompetence of the BUSH ADM. His lack of leadership, direction, and foresight has led to $2 Trillion in Debt on top of two poorly executed wars and a giant financial meltdown that was somewhat preventable if regulators had been cued to act. His incompetence does reflect on the Republican party and its working ideology.

Now everyone's left holding the bag and the messes are still ongoing.

< Message edited by cloudboy -- 9/18/2008 8:22:50 AM >

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 8:59:32 AM

Thadius

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Some folks should stop getting their news and facts from talking points of either side.

http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190

quote:

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

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

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

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

Of course the bill went on to be blocked by a particular party, that is now claiming they are looking out for all of us. I can pull up numerous other bills asking for regulation and reforms in oversight from over the years.

Then again why listen to him, he had no idea about what was going on in the economy or what was going to happen...

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 9:39:22 AM

subtee

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Basics: Phil Gramm [was] McCain's economic advisor
Phil Gramm designed the deregulations that left the subprime mess the roots in which to grow and the subsequent failings of significant financial institutions.

Is McCain going to make him head of the Treasury?

~whinertee

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 9:39:52 AM

Nosathro

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McCain has been reported as saying "The Regulartory Agencies were asleep at the switch" in response to the recent economic problems on Wall Street. As already pointed out many of these companies used political clout to stop Regulartors from investigating their practices. I really find it funny that McCain should say such things. Remember, he as a member of the Senate Commitee on Saving and Loan Companies. McCain took money from Keaton the owner the failed Lincoln Savingsand Loan to block an investigation into his activities. Soon afterwards the entire Savings and Loan industry collapsed, the reason, owners were using the depositors money for the personal use, just like Keaton.

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 9:58:09 AM

Dnomyar

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cloudboy whats your problem with someone owning a gun. If the farmers did not own guns we would be British.

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 9:59:48 AM

Thadius

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quote:

ORIGINAL: subtee

Basics: Phil Gramm [was] McCain's economic advisor
Phil Gramm designed the deregulations that left the subprime mess the roots in which to grow and the subsequent failings of significant financial institutions.

Is McCain going to make him head of the Treasury?

~whinertee

Is Obama going to appoint James Johnson to that post? You know the former CEO of Fannie May.....that is one of his top advisors.

To answer your question, with a decent answer. I doubt he would appoint Gramm, I would put money on it being somebody like Meg Whitman or even an outside shot of Romney.

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 10:01:09 AM

kittinSol

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Maybe that wouldn't be such a bad thing

.

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 10:19:06 AM

popeye1250

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From: New Hampshire
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quote:

ORIGINAL: Dnomyar

cloudboy whats your problem with someone owning a gun. If the farmers did not own guns we would be British.

Yeah Cloudboy, what's wrong with "unlimited gun rights?"
Are you also against "unlimited first amendment rights?"

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RE: McCain`s Greatest Flip-Flop - 9/18/2008 10:34:58 AM

BKSir

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From: Salt Lake City, UT
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Okay, I rarely, if ever, weigh in on these political discussions, because I find them to be like arguing with a brick wall. But here... ugh.

a: hands off my right to bear arms. I've taken courses, classes, hours and hours of training on how to use them properly and with the respect that they deserve. Criminalize guns, and the only people with them will BE criminals. Look at the places with the highest rates of violent crime in this country. California, Maryland (particularly baltimore), D.C., places where it's illegal to own a gun. Now, take for example, Arizona (McCain's state). Some of the most lenient gun laws in the nation, and some of the lowest violent crime in the nation. Of course, there are gang fights there still, but, again, criminals to begin with, they'd still have the firearms either way. But, against 'civilians', it's low. Why? Because that 80 year old granny may just be packin a .357 in her handbag. Don't want to take that chance.

b: playing both sides of the fence are we? Unlimited first ammendment rights, huh? You mean like the right to engage in peaceful demonstration? Like, mayyyybe, oh, theoretically, showing up at a convention with a McCain = Bush sign? Let's not keep double standards here. I'm ticked that she wasn't let in because of that. Just as I'd have been ticked if someone showed up with an Obama = Clinton sign. I'd also be confused as hell about the second example though. Obama = Carter possibly, if there was to be a major insult implied there somewhere... *shrug*

And y'all still don't know where I'm sitting in regards to this whole pathetic cock fight we have the audacity to call 'an election'. ;)

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