McCain Camp Points Out Change in Obama's Speech

Why in the hell are the Dem's giving credit to Obama for the passing of the 700B bailout? This is a guy who has been in the Senate for a short time and he is telling other people who have been there for (maybe to long) 15, 20 30
years, what to do? yea right. If it does not work does he get credit for that as well? Wake up America! Stop with
the Idol stuff, it is making you blind.
This has been a problem for a long time
but no one saw it coming, Oh Im sorry it was Obama who did so he decided to run for President. Timing is everything ,and remember this is an election year, no one wants to get the boot, so please America do the home work and wake up, this is a Democrat led
Congress.

The Democrats and the media are doing a good job of blaming this entire mess on the Republicans. Unfortunately, the Democrats are just as much to blame though from the opposite end of the problem. (Republicans - Wall Street; Democrats - Bad Risk Loans).

That wouldn't matter except that we're getting ready to elect leaders, and Americans are being persuaded aka manipulated into voting Democrat. If you think things are in bad shape now, just wait!

What happened to the old saying "Sticks and Stones may hurt my bones but words will never hurt me"?
There has been words hurled at both of these men but I haven't heard anything concrete about what they are going to do about this mess we are in.
We all know what McCain did with his first wife but there are a lot of men out there that have done a some stupid things in their life and that is a fact but they are not up for President today maybe they will be there down the road.
What I am concerned about is now what are these men going to do about the now.
What scares me about Obama he has no
background in running anything except his mouth. I would like to see one time that both of these men to make a speech with out printed words in front of them.
Shouldn't they know what they are going to do by now?

"Not to change the subject, but the Rezko thing is back on the burner, owing to Mr. Rezko's recent enlightenment that prison ain't so nice and maybe some talking to a grand jury is just the ticket to get out of the hell hole he is in. Stay tuned."
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Oh, goodie: "change" at last.

How about a 100% tax on incomes above $2M for the executives and board members of companies benefiting from this bailout? Then they'll have to decide if they really need the money after all.

Pelosi told any Dem's that needed to no to save their seats in the House to do so. Her "girl friends", Congresswomen "the Sanchez Sisters" voted no. So did most of the Democratic Chairpersons of the various commitees.

Democrats -- bunch of hot air and posturing.

Astute Sarah on the bailout gives confidence and trust to Republican Wisdom:

“That’s why I say I, like every American I’m speaking with, we’re all about this position that we have been put in where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the healthcare reform that is needed to help shore up our economy. Um, helping, oh — it’s got to be all about job creation too. Shoring up our economy, and putting it back on the right track. So healthcare reform and reducing taxes and reigning in spending has got to accompany tax reductions, and tax relief for Americans, and trade, we’ve got to see trade as opportunity, not as a competitive, um, scary thing, but 1 in 5 jobs being created in the trade sector today. We’ve got to look at that as more opportunity. All of those things under the umbrella of job creation. This bailout is a part of that.”

The Financial Meltdown of the USA = ALL BUSH and THE REPUBLICAN PARTY'S FAULT, PERIOD. They caused this, ALL of it!!

Not to change the subject, but the Rezko thing is back on the burner, owing to Mr. Rezko's recent enlightenment that prison ain't so nice and maybe some talking to a grand jury is just the ticket to get out of the hell hole he is in. Stay tuned.

"but there ya go"? Has our intrepid blogger assumed the Palin dialect?

The Banks of the United States have reported 7 Trillion Dollars in bad mortgage debt. Let me ask all you geniuses out there what good is it going to do to have the tax payers buy 700 Billion Dollars of this 7 Trillion Dollar debt? Who knows how much more debt the banks and financial institutions have not been reported. Spending this 700 Billion Dollars on this debt is like throwing kerosene, dynamite and gasoline on a wild fire storm. It only makes the fire hotter and more dangerous and destroys those who fueled the fire just like giving the extremely rich this 700 billion dollars. The tax payers debt, the national debt will just go up and prolong the tax payers suffering, starving, and wreak havoc on their physical, mental and financial health.

Our House of Representatives listened to over 200 of America’s top economists and smart people of this country. They did what was right not what was fast and convenient and prosperous to the very rich. The fact that the House of Representatives rejected the bail out is awesome! Here is why. The bill was a just a band-aid that still benefitted the very rich and not the people. It was not a solution to the cause of the problem. This bill would only have postponed the inevitable to just after the next President is sworn in on Jan. 29, 2009. There are real solutions to the cause of the problems of the credit crises not even considered in this terrible fast paced 700 Billion dollar extortion bail out bill for the extremely rich people of this country and around the world.

In January 2009 the 7 trillion dollars in bad mortgage loans that the banks have reported will still be unpaid. Who knows how many trillion dollars of bad mortgage debt have not been reported by the banks. 700 billion dollars won’t even come close to paying for all of this debt. Financial melt down is inevitable. Let it happen now so true recovery can begin. Bush and his Cronies did their best to ram this 700 billion dollar pay off to the rich for making this mess down our throats.

Here is some interesting info. Bush and Chaney have recently purchased homes in foreign counties to for a speedy get away to live in after their terms are over in Jan. 2009. They didn’t want this economy to blow up on them while they were still in office. They didn’t want the blame for their very real immoral, unethical and most likely illegal actions. Yeah they got both.

One last fleecing of the American people was halted by our smart members of the House of Representatives who listened to the people and over 200 of America’s top economists. We can truly thank them for listening to us.

It’s time for millions of people to march on Washington DC peacefully in protest. The puppets of congress of the extremely rich are going attempt to pass this fraudulent bill again. “The only thing to fear is fear itself.” (President Franklin D. Roosevelt Democrat) Make the members of the House of Representatives and the members of the Senate know they were hired by all of us who voted for them not just a few very rich people. Make them know we are their bosses not a few rich families. We the People: Demand REAL SOLUTIONS FOR ALL PEOPLE not for just a very few extremely rich people!

Far be it for me to stick up for Carter, but we keep hearing BS about the CRA (community reinvestment act) being at the root of this. The problem is that that simply isn't true. The CRA was established to eliminate redlining, where people in low-income areas were kept from loans. The CRA did not mandate that banks make loans to people with poor credit, but simply prevented the denial of loans to credit worthy applicants based on their neighborhood (as a proxy for racial discrimination).

The problem here isn’t subprime mortgages (because we are seeing delinquencies on Prime and Alt-A accelerating faster than sub-prime). The problem is that the values of the underlying assets are worth far less than the mortgages. Remind me again which party was it that pushed the "ownership society" model?

Wow, Obama's workers at the "fight the smears" campaign headquarters are working overtime tonight.

You people have absolutely no knowledge about history or political science do you? Or maybe you do and you're afraid the truth will come out.

Yeah, lay all this on the Republicans to keep people from finding out that the Democrats, since Jimmy Carter, have caused this financial mess we are in.

I'm not a political strategist, but if I were McCain I would find it difficult to simultainiously blame Obama for the bill's failure, while pointing out he thought it was going to pass. This would be doubley so if I (McCain) hadn't mucked up the bills passage in the first place.

Well, Jayhawk, Don't attack me - write your Republican President - it's his bill. John McCain finally found a backbone and supported it too - so you better write him - or you could call and scream.

Scott, I hate to break it to you - but this was George Bush's baby. He worked it out with Paulson. It was not a Democratic bill. They agreed to work on it in a bipartisan way - but this economy belongs to George Bush - and so does the bailout proposition. Where is George hiding? And while we're looking? Where is Phil Gramm hiding? Does he still this this is all in our heads?

Jimmie Beck - You sure are right. McCain has been there, done that. Remember Keating 5? And Cindy McCain and all the lost receipts? McCain has direct experience with corrupt financial tranactions.

KKH - I hear you - even if nobody else does. And I'm not greedy or stupid or a hedge fund investor. It is a bloodbath - and I honestly don't get people who pretend that it is not. I guess they are very, very rich and have special financial advisors.

McCain bundlers from Wall Street have raised $11.4 for his campaign (Securities and Investment), not zero as someone from Mars reported in an earlier post. Bundlers in the insurance (remember AIG?), finance and real estate (as in Freddie and Fannie) have raised more than $30 million for John McCain. Not individuals. Bundlers. These three sectors of the economy reepresent his largest contributions by far. Maybe Rick Davis is worth all that money. He has 70 bundlers from finance alone - including William Strong from Morgan Stanley ($500,000), Jon Thain from Merril Lynch ($500,000), Patrick Durkin from Credite Suisse (friend of Phil's), $100,000 from one bundler at Lehman and $50,000 from another, $100,000 from Wachovia, and $100,000 from Goldman Sachs. Obama gets plenty of money as well - not as much as McCain - but to assert that McCain gets zero from the finance industry is pure fantasy. Wall Street has always hedged its bets when it comes to Presidential candiates - and always leaned slightly red.