Political Punch

It's about time Obama got tougher. Good for him. He's certainly taken more that his share of crap from McCain's official slander machine.

Issues are important, but let's face it, American are as intelligent as gnats, with half the attention span. People tune out 4 words into a policy statement and switch to NASCAR on ESPN.

Michelle, you are not serious. Are you suggesting that Obama is not offering enough substance for you? If so, I have one question for you: WHO IS?

Certainly it is not McCain. Where is McCain's substance? I suffered through 3 nights of the Republican convention to see if that party had anything new to offer after the last 8 disastrous years. I heard NOTHING. Instead, I heard 2 nights of attacks on Obama, belittling him for his community organizing (nothing elitist about millionaire white guys belittling a black man for working with poor people.

The third night was a night of unparalleled bullshit. In case you missed it, here's the Cliff's Notes version: John McCain was a POW, so now he deserves to be president (never mind the catastrophe his party has wrought on the American public for the last 8 years).

And anyone who doesn't think we are in a recession obviously is living in Martha Vineyard or Mclean/Great Falls, VA because it's obvious everywhere else, especially in inner cities, and rural small towns. Anyone who thinks that all is well, i'd like to invite them to visit Anacostia, South East Washington D.C. and tell me about the great education and job oppurtunities to be had there, if there are any.

We are in a ressession.......maybe not a depression, but things definately aren't stable especially on wall street, or any street with a foreclosure sign. Obamas plan makes alot more sense to me than a plan to keep on going with the same tax cuts for the wealthy. Sorry but i never got to experience any of the effect of trickle down economics, and thats because it doesn't work.

All Obama continues to do is focus on McCain. When is he going to talk about himself and stop the snide remarks and the whining?

Dave in iV;

re: ..'We won't know until some data comes in'..

With all due respect Dave, the U.S. government has interceded in the financial markets to prevent a financial collapse.. not only here.. but around the world as well....
this is not about quarterly statistics.

AIG insures a vast array of securities for financial institutions, the fallout would have been monumental had it failed.

You can play politics, and rehash facts and figures that can be refuted by someone else..
but not to realize the extraordinary situation that is happening at the moment is amazing.

The government may have to step in more and do something similar to what was done during the Savings & Loan scandals of the 80's....
a new version of the Resolution Trust Corp and auction off assets as needed...

Rex, Yes the economy is bad today. How bad is it? We won't know until some data comes in. That is unless you are either all knowing or just emotional.

What we do know is the data indicates the economy as of June 30, 08 was expanding.

We also know for the last 3 years both the Dems and the MSM have been forecasting a recession that hasn't happened.

We also know much of the housing bubble was due to a push to get everyone into owning a house, whether they could afford it or not. Both Reps and Dems were pushing this.

We also know Fannie and Freddie were run by Dems into the ground, paid Barney Franks and Chris Dodd a ton of money and not only blocked proposals to reduce their exposure but expanded their capabilities to go into riskier loans. We know one CEO received over $100mil and both Ceo's are now advising Obama.

We also have statements from Obama he will implement his spending programs immediately but hold off on any tax increases until after the "recession" is over.

What effect will that have on our debt? Have you ever let go of a balloon filled with helium?

Tina Fey does a better Palin the Palin herself! Heres an idea for Tina she can do Palin avoiding the Press for the next 49 days

"…"You all remember Phil Gramm," Obama said, once again bringing up the former Texas senator and McCain friend whom McCain distanced himself from several months ago."

Phil Gramm made his comment on July 9th. That's just a little bit over 2 months ago. Hardly the several months you as you state.

And Just last week Phil Gramm was calling Ron Paul asking him to support McCain. Ron Paul said no.

So regardless of McCain's distancing from Gramm, indeed in spite of his misleading indications which Ron Paul has contradicted, Obama's reference to Gramm is apparently as timely as it is germaine.

Dave in iV

I'll pick up on Jazzy's thread.....

yes or no...
do you believe what's happening in the financial markets is 'just some rough times"

you can quote whatever... when your house is burning down around you today, it really doesn't matter that there was no fire yesterday...

"Very good bussness people" LMAO!!!! They are all a bunch of wall street crooks who didn't care people were losing their homes untill it hit them in the wallet. If you think we have "very good bussiness people" in this country right now you are more out of touch than Mclame. Or are really rich and just want to keep gouging the middle class.

What led the way to our economic growth in the last quarter?

Answer: Exports.

Where does Obama stand on trade with other countries?

Answer: He was against a trade pact with Columbia which not only was favorable to the US but would have also increased US jobs.

Why was Obama against increasing US jobs? Unions asked Obama to kill the trade pact.

Obama also stated he would like to rewrite most if not all of our current trade agreements. This will by most accounts cause a reduction in US jobs.

Obamas slogan: "My first and highest priority as President will be to increase jobs in the US."

Talk is cheap.

Bush inherited 3 quarters of actual NEGATIVE economic activity.

If you think break even or small growth is pathetic then what is the best way to describe when the economy actually contracts?

Answer: A recession.

And to date we haven't had one.

"Other than anecdotal stories and possible forecasts, the overall economy as of June 30, 2008 showed an economy growing at 3.3% as compared to the contraction Dems have been saying for the last 3 years."

That growth was called surprising after losses in jobs, industrial orders and other factors

Growth for the 1st Q of 2008 was a pathetic 0.9%

Jazzman, All I ever read from you are accusations, conclusions and name calling without any facts to support you.

Other than anecdotal stories and possible forecasts, the overall economy as of June 30, 2008 showed an economy growing at 3.3% as compared to the contraction Dems have been saying for the last 3 years.

Are there problems with housing and unemployment rising? Yes, and they may effect the overall economy in the next quarter. But ONE or TWO quarters of negative economic growth does not make "the end of the free market" or "worse than the Depression" that some chicken littles are yelling.

So Jazzman do you have any facts to support your emotional conclusions?

Dave in iV
re: "JM starts with a belief we have some very good business people who are having some rough times that need to be addressed."

exactly right... and that's the problem with you & McSame: saying that what's happening in the financial world is " having some rough times " clearly indicates a lack of comprehension of the situation.

Oh my! Below I meant "scewering the other guys' positions" not "screwing". Sorry!

re:Post by: Sheena | Sep 18, 2008 11:11:01 AM

I dont like liars (who does?) I dont think we need another liar in office. We need someone with goals and insight on the future. i want somebody i trust, not somebody who lied to get there.
---------------------------------
If you don't like liars why do you support Obama? For every "lie" committed by JM there is an equal one given by Obama.

They both make mistakes. They both change their minds. To most reasonable people these are not lies.

JM starts with a belief we have some very good business people who are having some rough times that need to be addressed.

Obama stresses we have rough times and that America has the capability of getting through these problems.

One stresses the positive first and the problems second. The other stresses problems first and the positives second. The first is called a liar.

It is not correct use of the word.

Phil Gramm, John McCain, George Bush.........all come full circle in the disaster that is gripping our economy right this very second.

Just wait.....it's hitting my neighbors right now. Most have a lot of money invested, or are in banking and financial planning.......THEY ARE ALL REPUBLICANS, AND VERY, VERY UNHAPPY.

Chris Mathews had a meltdown last night, and freaked out, yelling, "WHERE'S BUSH?" Speaking the truth......i.e. DOING YOUR JOB, is a beautiful thing.

TODAY; bush shows up and mutters something.

IN CLOSING.........TOTALLY DISAGRE WITH OBAMA..........IT'S A HORROR SHOW, NOT A COMEDY.

People are beginning to see through McCain's false rhetoric... agreed. But, let's understand Rovian politics is about finding a psyche need and promising to fill it, i.e. the average American does want to vote on values, not issues.... we intellectuals find this a fool's move, but let's remember it's a big country! Why don't we address how to create the separation of religion and politics while allowing those folks to vote their values? Thus, we don't risk muddying their political vote on the country's issues? Some of these folks would likely only vote their value and ignore the issues vote, but at least not in hindrance of the best leader! How to keep it all separate? Well, an ethical forum would be create and voted on by the population. This forum would be forbidden to endorse any political party or stump with a political party. Their function? To advice the sworn in president, on american values, abortion, gay rights, etc..... give those folks get what they want! But not by the Rovian trickery method... hey, pretty genius, eh?