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The 3 AM Phone Call - 9/22/2008 8:50:59 PM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline
 
Well,we got "that" phone call.

Our economy is on the brink,with the government nationalizing huge parts of the economy(also called neo-socialism) ,loaning billions to Detroit and bailing out bad faith corporations,etc.  Basically rewarding their maleficence.They should be doing jail time.

How have the candidates reacted to the "call"  ?

McCain has vacillated from Sen.De-regulator to captain reformer.Called to pass the 700 billion bail-out right away,and also said we shouldn`t pass a bill giving 700 billion of taxpayer money to Wall Street.Contradicting himself.

He has blamed the crisis on Mr Obama,personally,lol.While his campaign is run by the very lobbyists who have been behind the deregulation of banks and Wall Street for the past decade.McCain`s campaign manager Rick Davis,was payed 30 grand a month to lobby for looser rules for Fanny Mae.One of the Senators he lobbied?McCain himself.

Phil "Americans are whiners" Gramm(top McCain economic adviser),was payed hansomely to get a law passed that got rid of most of depression era regulations, that have made our economy rock solid and protected our money/investments for the last 50 years..The laws/regulations that FDR passed,wiped out by republicans.

McCain can`t seem to separate himself from this crisis and isn`t acting very coherent.

Mr. Obama ,on the other hand,wants some more scrutiny of the "bail out" law and is against rushing it through without safeguards for home owners.

A balanced and responsible reaction.

And he remains calm and collected while explaining in words folks can understand,why his approach is better for main street,and not just for Wall Street.

~~~~~~~~~~~~~~~~~~~

How the candidates react to this crisis is very insightful to how they`d handle themselves as president.

Discuss...

< Message edited by Owner59 -- 9/22/2008 8:58:15 PM >


_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama
Profile   Post #: 1
RE: The 3 AM Phone Call - 9/23/2008 5:05:32 AM   
MzMia


Posts: 5333
Joined: 7/30/2004
Status: offline
quote:

ORIGINAL: Owner59


Well,we got "that" phone call.

Our economy is on the brink,with the government nationalizing huge parts of the economy(also called neo-socialism) ,loaning billions to Detroit and bailing out bad faith corporations,etc.  Basically rewarding their maleficence.They should be doing jail time.

How have the candidates reacted to the "call"  ?

McCain has vacillated from Sen.De-regulator to captain reformer.Called to pass the 700 billion bail-out right away,and also said we shouldn`t pass a bill giving 700 billion of taxpayer money to Wall Street.Contradicting himself.

He has blamed the crisis on Mr Obama,personally,lol.While his campaign is run by the very lobbyists who have been behind the deregulation of banks and Wall Street for the past decade.McCain`s campaign manager Rick Davis,was payed 30 grand a month to lobby for looser rules for Fanny Mae.One of the Senators he lobbied?McCain himself.

Phil "Americans are whiners" Gramm(top McCain economic adviser),was payed hansomely to get a law passed that got rid of most of depression era regulations, that have made our economy rock solid and protected our money/investments for the last 50 years..The laws/regulations that FDR passed,wiped out by republicans.

McCain can`t seem to separate himself from this crisis and isn`t acting very coherent.

Mr. Obama ,on the other hand,wants some more scrutiny of the "bail out" law and is against rushing it through without safeguards for home owners.

A balanced and responsible reaction.

And he remains calm and collected while explaining in words folks can understand,why his approach is better for main street,and not just for Wall Street.

~~~~~~~~~~~~~~~~~~~

How the candidates react to this crisis is very insightful to how they`d handle themselves as president.

Discuss...


Yes indeed, we have finally got "the call".
And you are spot on, on this post Owner.
The spot light is on many people, and they have little to say.
Has anyone seen President Bush today?
McCain = Bush, and the lights are shining bright on both of them.

 
 I am with Obama on this one, "What is the rush?"
I think we need to study this situation and put a lot of stipulations

and REGULATIONS on the 700 billion. 

_____________________________

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

(in reply to Owner59)
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RE: The 3 AM Phone Call - 9/23/2008 5:34:37 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
wow, the only calls i have gotten at 3 am were for sex

(in reply to MzMia)
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RE: The 3 AM Phone Call - 9/23/2008 5:46:52 AM   
patwi


Posts: 296
Joined: 6/24/2007
Status: offline
       This, in my admittedly non-economic savvy mind, sort of illustrates why we may in face ~need~ some government regulation. People can clamor and shout about de-regulation, government out of private business, etc. etc., but...I think our current crisis shows the downfall of what happens when these massive companies that are the engine of our economy start to collapse. Would we allow the downfall of our economy in exchange for de-regulation? I wouldn't. Personally I'd prefer the government to step in and take measures to assure me that we aren't going to downspiral into another depression.

*disclaimer - I'm not an economist. I'm not a sociologist. My opinion isn't worth much about this.

(in reply to tazzygirl)
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RE: The 3 AM Phone Call - 9/23/2008 6:20:40 AM   
corysub


Posts: 1492
Joined: 1/1/2004
Status: offline
quote:

ORIGINAL: Owner59


Well,we got "that" phone call.

Our economy is on the brink,with the government nationalizing huge parts of the economy(also called neo-socialism) ,loaning billions to Detroit and bailing out bad faith corporations,etc.  Basically rewarding their maleficence.They should be doing jail time.

How have the candidates reacted to the "call"  ?

McCain has vacillated from Sen.De-regulator to captain reformer.Called to pass the 700 billion bail-out right away,and also said we shouldn`t pass a bill giving 700 billion of taxpayer money to Wall Street.Contradicting himself.

He has blamed the crisis on Mr Obama,personally,lol.While his campaign is run by the very lobbyists who have been behind the deregulation of banks and Wall Street for the past decade.McCain`s campaign manager Rick Davis,was payed 30 grand a month to lobby for looser rules for Fanny Mae.One of the Senators he lobbied?McCain himself.

Phil "Americans are whiners" Gramm(top McCain economic adviser),was payed hansomely to get a law passed that got rid of most of depression era regulations, that have made our economy rock solid and protected our money/investments for the last 50 years..The laws/regulations that FDR passed,wiped out by republicans.

McCain can`t seem to separate himself from this crisis and isn`t acting very coherent.

Mr. Obama ,on the other hand,wants some more scrutiny of the "bail out" law and is against rushing it through without safeguards for home owners.

A balanced and responsible reaction.

And he remains calm and collected while explaining in words folks can understand,why his approach is better for main street,and not just for Wall Street.

~~~~~~~~~~~~~~~~~~~

How the candidates react to this crisis is very insightful to how they`d handle themselves as president.

Discuss...


Has anyone ever been in a situation where all about you, including yourself, were running around in a panic looking for an exit from a bad situation and there is one guy at the table who is calm, collected and in control.  At first glance you think..OMG, how can he or she be so collected, so strong in this terrible time.  And than you realize, that person has no clue what is going on and is waiting for a text message to come through from a friend who has all the buzz words.  The guy isn't strong and responsible..the guy is an idiot!  Now, Mr. Obama is not an idiot.He is probably the best con man on the scene since P.T Barnam. In fact he is the only man in the world who truly knows the real Barack, something most Americans have no clue after almost two years of TV stardom.

We are to believe that he is an expert on economics, an expert on Global politcs, an expert on money markets, an expert on healthcare, an expert on energy, an expert on just about every ill that might befall our country and its people. Ever wonder why his primary energy, outside of the radical leftist wing of the democrat party, are young, impressionble twenty years old, most just starting the experience of life? He is the penultimate college professor who has children in class mesmorized, if not intimidated.  Interestingly, I was proud to se that generation in my own family who were ardent Barack fans earlier this year, go down to Media yesterday to see McCain, Palin, and their good buddy Joe Lieberman.  And they came back with buttons that they did not have to buy....but that's another story.






(in reply to Owner59)
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RE: The 3 AM Phone Call - 9/23/2008 6:30:25 AM   
bipolarber


Posts: 2792
Joined: 9/25/2004
Status: offline
Yeah, cory... I've been in a situation like that... where there's an idiot just sitting there, doing nothing, while the world was falling apart.... I'm sure you remember it too...

Here's a hint: "My Pet Goat."

(in reply to corysub)
Profile   Post #: 6
RE: The 3 AM Phone Call - 9/23/2008 6:43:49 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline
A true sigh of maturity,leadership and dominance,is calm under pressure.


The guy that doesn`t go into brain-lock during a crisis or run around flaling his arms screaming.


It`s not all that rare,I`ve seen it myself in person.


But not everyone has it,either.




_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

(in reply to corysub)
Profile   Post #: 7
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