Barack’s Wall Street Problem is Now America’s

by misocup 8 Replies latest jw friends

• 

  Gregor

  Misocup, good article.

  Once again, in this totally insane atmosphere of partisan politics, the most straightforward facts, such as the Obama/Democrats involvement in the Freddie/Frannie (Fraudy and Foney)mess is being distorted all out of proportion. Of course the republicans are involved also! But the truth is it is a 20/80 situation and the Dems are the 80. Ironically, it was John McCain who called for closer regulation 2 yrs ago and was ignored by the Democratic congress, many of whom, like Obama, were involved up to their eyeballs in receiving personal gain from these two companies.

  Don't expect any lib/Dems on this board to acknowledge any of this. Rather you can expect to be called a fool, idiot, or worse. I'm afraid you have cast your pearls before swine.
• 

  worldtraveller

  What happened on Friday was nothing less than socialism at its worst. Bailing out private enterprise with public taxpayer funds will only cause many more problems than currently at hand. Bailing out folks in ravaged cities with hurricane relief-bad. Bailing out Wall Street-priceless vote buying. So much for Republicans being "free enterprisers". Hypocrites. All of them.
• 

  SixofNine

  Except that the quote above is a lie from start to finish. Obama's not, in any way "dirty" on Fannie or Freddie, and McCain's hands are certainly not "clean" by a long shot.

  Obama hater Johnson is in fact, as usual, lying and obfuscating on this.
• 

  worldtraveller

  Not every politician is a crook, but it is hard to remain neutral when there is so much money at your disposal. I think McCains heart is probably in the right place. His head is unfortunately up the Republican Partys A$$ that he is just a figurehead. He did not nominate the Moose. His party did.
• 

  Pahpa

  Both the executive and legislative branches of government have been heavily involved in this fiasco. The politicians of both parties are influenced by the lobbyists who represent these same institutions. Their donations and perks were sought after with relish. And laws were passed that were favorable to the quick profit of these companies with little responsibility. And who in the end pays for it all? It is the taxpayers have to bail them all out.

  And what of those CEOs and other executives that caused this deplorable situation? They are leaving with "golden parachutes" worth millions of dollars. Where else can one be rewarded for failing except on the governing boards of these institutions or in the seats of Congress and the White House? The public should be infuriated by these events. But most people are just too busy trying to survive in these difficult times. And it will probably be "business as usual" after the elections in November.
• 

  Gregor

  Nobody said that any of this was 'dirty'. It as all within the law. (By the way, it's the congress that makes the laws) Just sayin'
• 

  BizzyBee

  misocup:

  Do you ever actually get news? Or do you just read blogs? You do realize that there is a difference....?

  And this PUMApac thing is, quite frankly, creepy in a Night of the Living Dead sort of way. Hillary lost. Get over it.
• 

  FlyingHighNow

  A demonstration of how clueless and dishonest McCain is:

  http://www.youtube.com/watch?v=yrGyODKMtB4
• 

  BizzyBee

  If it weren't so wrong, it would be funny. Thanks for posting that Heather.

  John McCain is too old to handle the job - he probably forgot what he said five minutes ago. And that is being charitable. Either that, or he depends on American voters to forget what he said and also which party has been in the White House for the last 8 years. Change, my ass.

  Letter in Sunday's Los Angeles Times:

  Goldberg is going to have to come to grips with a painful fact: McCain is a geezer. How do I know? I am a geezer myself, and I recognize the condition a mile off.
  
  Oh, yes, I revel in the idea that 70 is the new 60. I ride my bicycle 40 minutes every day; I still conduct an active business; I can still hammer a nail; and I take corners at 50 mph in my Porsche.
  
  But physically I am not what I used to be, and neither is McCain. A fellow geezer can spot it in the careful way he carries himself. And, in a very short time, it will get worse.
  
  He thinks about it every day. He thinks about it before anything else, before what he's going to have for breakfast and before the state of the union.
  
  So the question may boil down to this: Do you want a president who can bound from his bed clear-eyed and alive, or can you wait around while he adjusts for a little spinal curvature, takes an aspirin for his arthritis, stands at the toilet for three minutes, steams in the shower for half an hour to clear his head, nods off after lunch and takes half a dozen pills every day?
  
  Even if I could embrace his policies (which I admit I don't), I could not vote for a fellow geezer to fill the top spot in the nation.
  
  Irwin Spector
  
  Toluca Lake