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Power, pop, and probings from ABC News Senior White House Correspondent Jake Tapper
Jake Tapper is ABC News' Senior White House Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories.
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Obama Sets Fundraising Record in August, Thanks to Palin
September 15, 2008 12:20 PM
Before August, Sen. Barack Obama's best fundraising month was February, when he raised $55 million.
Obama, D-Ill., was set to just fall short of that in August, a month that included some vacation time in Hawaii, when all of a sudden, on August 29, Sen. John McCain, R-Ariz., picked Alaska Gov. Sarah Palin as his running mate.
Obama campaign officials reported that the Palin pick not only energized the GOP base, she energized her opponents, as well. Within 24 hours of McCain's surprise announcement that he'd picked Palin -- a conservative governor who, just two years ago, was a small-town mayor who had never obtained a passport -- the Obama campaign had raised more than $10 million.
And money kept coming in through the end of August and beyond, Obama campaign officials say.
Thus, it was Palin who enabled Obama to raise more money in August than has ever been raised in history. Yet another accomplishment for her precedent-setting candidacy.
- jpt
September 15, 2008 | Permalink | User Comments (341)
I love the way Palin supporters, when confronted with the fact that their candidate was as deep into earmarks as any other politican, immediately try to change the subject to "well, Obama does it too". Come on! I thought that was what made Palin so gosh-darned great - hat she took on the establishment in her own party, said no to earmarks and said thanks but no thanks to the Bridge to Nowhere.
Now we find out her snout was in the trough as deep as anyone, and she actually said "Thanks" for the bridge until the very end when it was going to be killed by congress anyway. So what the republicans are left with is someone who ISN'T particularly anti-establishment, and ISN'T really a reformer or an agent of change. So then when we look at the rest of her so-called accomplishments we see that she derives her vast foreign policy experience from seeing Russia from her window and refueling her plane in Ireland on her way to Kuwait.
But OK, Obama did it too. Snappy comeback, completely missing the point.
Posted by: larb | Sep 16, 2008 2:15:40 AM
This is hilarious now right wingers are upset that Obama is spending money his supporters donated vs the $150 million McCain blew in the primaries and now the $85 million in TAXPAYER money he will spend in the general.
Posted by: Ryan C | Sep 15, 2008 7:12:11 PM
"Obama must have spent almost 100,000 Million dollars... and he's still not winning!"
-----
Well, it cost quite a bit to buy the nomination ...
Posted by: Belle Starr | Sep 15, 2008 7:06:39 PM
Ryan---
"Because Obama did not lie about his earmarks. That is the difference"
_________
I don't know whether he lied or not about his earmarks B U T:
I DO know that he lied or disremembered to mention all the PORK which came his way through those earmarks!
Posted by: eyes wide open | Sep 15, 2008 7:06:22 PM
I do!
There are food pantries going empty.
There are bills unable to be paid.
You would think "the Messiah" would share some of his manna with the needy.... donate some of it to worthy causes instead of using it all to show off Obama's ego and his ears.
But all charity will get from it will be video clips filled with "words ... just more of the same vindictive words"..... Nothing to warm the cockles of an empty stomach, or soothe the depression that comes from missing a payment on your mortgage.
I think there should definitely be a ceiling on how much money one can spend on ANY political campaigns!
Obviously, it would take more to run form president than it would for mayor... but Obama must have spent almost 100,000 Million dollars... and he's still not winning!
Granted, you can't tell his followers what to do with their money..... but to me, continuing to spend this surplus of
monetary adoration on advertising when people are going hungry is beyond going from the sublime to the ridiculous.
It has passed foolish a long time ago, and now borders on the pathetic!
Posted by: american*centrist | Sep 15, 2008 7:02:16 PM
"I agree that Palin is lying about requesting funds for the bridge to nowhere. It's indefensible. But how is it any better or worse than the $750 million in earmarks that Obama procured for Illinois over the past four years? It's all pork. You seem to intelligent to believe otherwise."
Because Obama did not lie about his earmarks. That is the difference.
In fact Obama disclosed every earmark he requested during his campaign and has made earmark transparency HIS issue during his time in the US Senate. Obama is not against earmarks. He is against wasteful earmarks and he feels transparency(coupled with public outcry) will make it hard for wasteful earmarks to survive.
It's not as if I think politicians are honest or Obama is singularly ethical.
I am voting based on issue positions (some ideological, some philosophical) as I am sure you are.
But the comfort with outright lies shown by the McCain campaign should give anyone pause who is tired of Rove politics.
I know you don't excuse that or endorse it and your vote for McCain will be based on the issues because you think he's the better candidate.
But it doesn't make it right.
And when we fail to speak up against such things, we all implicitly condone it.
Posted by: Ryan C | Sep 15, 2008 6:59:53 PM
"His glamorous Hollywood style acceptance ceremony cost more than $5 million."
-----
"Glamorous"?! Try "tacky" -- and for students of European history, far WORSE than tacky.
Posted by: Belle Starr | Sep 15, 2008 6:57:34 PM
"They brag about the fund raising amounts but they sure don’t report how much of that money is going out the door."
FEC reports include all expenditures as well as donations.
"In twelve months of campaigning the Obama team has spent more than $200 million and continues to spend more."
Actually the number is over $325M with about $400M taken in.
"His glamorous Hollywood style acceptance ceremony cost more than $5 million."
The RNC convention in 2004 cost $150 million.
Posted by: Ryan C | Sep 15, 2008 6:51:44 PM
Doesn’t anyone have concern about the massive millions of dollars the Obama campaign is spending. They brag about the fund raising amounts but they sure don’t report how much of that money is going out the door. In twelve months of campaigning the Obama team has spent more than $200 million and continues to spend more. His glamorous Hollywood style acceptance ceremony cost more than $5 million.
In all this time and massive spending Obama still only receives a 41% rating that he is the person to be president. Talk about “same old politics”, spend, spend, spend that’s all he has done for a year.
Take a look at the recent unemployment figures. Obama’s state of Illinois is in the top 5 for the highest unemployment rate. What has Senator Obama done to help his state create jobs?
American voters it’s time to step back and take a good look beyond the glitz, glamour and feel good speeches and look at this man’s qualities to lead a country. What has he done in his political career to advance the quality of life for the citizens of his state and country? If your vote is in favor of Obama in the White House I hope in two years you remember how he got there and who put him there.
Posted by: dottie | Sep 15, 2008 6:42:47 PM
kat,
Obama's past is still very much a mystery to much of the country. He was pretty much given a pass by the MSM during the primary season and the other Democratic candidates certainly couldn't stir the pot too much against one of their own lest he win the nomination.
Many people, in particular registered independents, don't even start paying attention to the election until after the convention. Those people know little to nothing about Ayers, Wright, Uncle Frank Marshall Davis, Saul Alinsky's Rules for Radicals and how its language subtlely finds its way into some of Obama's speeches. The subject of Obama's mentoring in his years when he was forming his political philosophy is absolutely fair game. Change is certainly coming to this election.
Posted by: Woody | Sep 15, 2008 6:41:53 PM
"Obama had plenty of scrutiny on Ayers during and after the primaries."
-----
NONE: in fact, the mainstream media has YET to admit that the Ayers family was Obama's EMPLOYER for several years.
Even Bill O'Reilly wouldn't touch it -- after all, Obama SAID and SAID Ayers was "some guy in my neighborhood". Now, a lot of American voters don't know the ins and outs of what the Weathermen DID, but those who DO, know that Obama is just a liar -- and that he's lied about it because ANY version of the "truth" would end not only his presidential aspirations, but perhaps his do-nothing career as a Senator.
Posted by: Belle Starr | Sep 15, 2008 6:33:43 PM
Which is ancient and from which McCain emerged clean as a new born babe.... as opposed to a couple or three Democrats!
McCain and Palin
Posted by: american*centrist | Sep 15, 2008 6:33:06 PM
Palin Asked To Release Husband's Emails
Posted by: Deb | Sep 15, 2008 6:24:27 PM
I guess Obama is using some of those campaign dollars to make some new banners, COUNTRY FIRST (McCain's slogan). He was miffed that McCain and Palin are using the Change mantra, as they are really change....Biden will really be the POTUS, and he IS politics as usual...Obama is just poster boy....script reader with loud yelling delivery. He is a fraud...lacking in experience and judgement.
Posted by: Debra | Sep 15, 2008 6:18:35 PM
"McCain's slime machine gets cranked up and introduces Oama's associates to America and in painful detail . . ."
Obama had plenty of scrutiny on Ayers during and after the primaries. It would be nothing new, like the Keating 5.
Posted by: kat | Sep 15, 2008 6:08:51 PM
Ryan_C,
No, I rely on many sources for facts and formulate my own analysis. I agree that Palin is lying about requesting funds for the bridge to nowhere. It's indefensible. But how is it any better or worse than the $750 million in earmarks that Obama procured for Illinois over the past four years? It's all pork. You seem to intelligent to believe otherwise.
All politicians lie and then lie about not lying. For example, originally Obama claimed he hardly knew Bill Ayers, then he worked with him for 6 years organizing the community, and then Obama told O'Reilly that Ayers was "a guy in my neighborhood." Really, that's all? I won't go through the litany of lies on both sides, they're well documented. If you want to get high and mighty and say they lie on the right worse than they lie on the left then knock yourself out. In the end people make their decision not on who they're most comfortable with but who they're least comfortable with.
When McCain's slime machine gets cranked up and introduces Obama's associates to America in painful detail it won't matter what Obama says or how much money he raises. Step 1: expose Obama as just another politician, not "new politics hope and change" agent. Check. Step 2: convince America he is too radical. Ongoing. I'm not saying it's right or admirable but that's what's coming down the line.
Posted by: Woody | Sep 15, 2008 5:47:46 PM
from associated press obama and mccain have big economic differences:
Under Obama, the wealthiest 1 percent of taxpayers, those making roughly $600,000 or more, would see their taxes go up on average by $93,709 in 2009, according to an analysis done by the Tax Policy Center, because Obama would begin implementing his tax changes even before the scheduled expiration of the Bush cuts.
Under McCain, those same taxpayers would see an average reduction of $48,860, reflecting in part additional cuts he is proposing.
By contrast, the bottom 20 percent of taxpayers, those with taxable income of roughly $19,000 per year or less, would see their taxes cut by an average of $567 under Obama's program and $21 under McCain's plan, the tax center estimates.
For the 20 percent of taxpayers right in the middle of the income scale, making roughly between $37,600 and $66,400, the tax break would be $1,118 under the Obama plan and $325 under the McCain plan in 2009, according to the analysis done by the tax center, a joint venture of the Urban Institute and the Brookings Institution, two Washington think tanks.
Posted by: theo | Sep 15, 2008 5:43:16 PM
Hillary declared Obama wasn´t qualified to be president. Biden criticized Obama´s lack of experience.
How can we trust this man when the opponents of his own party think he´s unqualified?
Voting Mr. America community organizer is the worst harm we can do to America.
Posted by: Stephen from Indiana | Sep 15, 2008 5:41:42 PM
"What she is being attacked for is her lying about her position on earmarks."
... and what OBAMA is being attacked for is all that golden pork clinging to him and his family, friends and associates.
Posted by: american*centrist | Sep 15, 2008 5:41:42 PM
Deb...
What would you EXPECT them to say?
Posted by: american*centrist | Sep 15, 2008 5:39:30 PM
"It is Palin's responsibility as it is ANY governor's job to bring as many earmarks into her state as are needed."
And no one attacker her for seeking earmarks.
What she is being attacked for is her lying about her position on earmarks.
She said "I told Congress thanks but no thanks on the Bridge to nowhere, that if Alaska wanted a bridge we would build it ourselves"
The problem is
a) She supported the bridge right up until it becamse politically unfeasible.
b) Alaska keep the money intended for the bridge.
c) Alaska when left to its onw devices to build the bridge promptly canceled the bridge.
Palin continues to lie about this every stump speech.
She could actually speak on her record(that she reduced earmark spending, her decision process on the bridgeetc)
Explaining her position would require some nuance and thought and right wingers hate that. Better to repeat Thanks bu no thanks no matter how big a lie it is.
Posted by: Ryan C | Sep 15, 2008 5:38:36 PM
...WALL STREET CRISIS HITS CAMPAIGN...
Obama: 'I Fault The McCain/Bush Economic Philosophy'...
McCain: 'Fundamentals Of Economy Strong'...
Bush: We "Can Deal With These Adjustments"...
Leaders Blame McCain-Bush Economic Policies... Reid: 'Legacy Of The Bush-McCain Economic Policies'... Speaker Pelosi: ‘Eight Years Of Weakened Regulation'... Senator Biden: 'Bush, McCain In The Corner Of The Wealthy And Well-Connected'... Secretary Paulson: "I'm Playing The Hand That Was Dealt"...
...What's Next... Who's Next...
Posted by: Deb | Sep 15, 2008 5:35:54 PM
"Its the fundamental dishonesty of Obama's whole campaign message, is the pork that clings to him, his family and his associates..... NOT the earmarks. "
And as Emil Jones, Obama's mentor has said, "one man's pork is another man's
steak"!
It is Palin's responsibility as it is ANY governor's job to bring as many earmarks into her state as are needed.
And earmarks are not the problem... so long as paybacks are not allowed!
In Illinois, they were/are!
Posted by: american*centrist | Sep 15, 2008 5:33:11 PM
for me it's gop numbers never add up, which with most americans having a hard time balancing a checkbook or saving, it probably doesn't matter until it does, then we overreact sideways.
we've a 1 trillion hole right now after 2 tax cuts during 2 wars all borrowed with interest from china. mccain wants to double-down on the tax cuts so we've anothe... Read Morer 3.3 trillion piled on. and so far he's found 17 billion of earmarks to cut.
nobody will be able to escape the basic arithmetic. folks can dogmatically assert that tax cuts solve all economic problems big or small but the evidence say otherwise. in 7 years wages have fallen net inflation. that's never happened before.
lop-sided tax cuts for rich spurred markets/investments that flow overseas for best returns as rich don't spend (thus rich). and now we've a gluttony of financial and credit assets going through a firesale w/ prices tanking. and consumer demand, 2/3 of economic activity, has dried up w/ no wage growth or bubble credit left.
Posted by: theo | Sep 15, 2008 5:28:01 PM
All that money and the media doing everything but bring the pompoms out. The democrats really know how to lose.
Posted by: Nader/Gonzalez08 | Sep 15, 2008 5:26:29 PM
"Now, with the only national-ticket candidate who's from OUTside the Congress (whose corruption has finally crashed the economy) McCain looks way better."
Yes, by putting on the ticket someone even more incompetent in economics than he is, McCain looks better by comparison.
Saying the fundamentals of our economy are good as tow major financial institutions go under and the Dow dfrops 500 pts undercuts the message of "not as dumb as Palin".
Posted by: Ryan C | Sep 15, 2008 5:24:39 PM
Deb:
Neither Obama nor Greenspan are infallible.
McCain will be our next president!
Posted by: american*centrist | Sep 15, 2008 5:22:17 PM
"If you're so outraged by this practice then please email your Congressional delegation and demand they cease and decist with all earmark requests."
This is the problem when you argue from a strawman perspective.
I am not against earmarks.
I think the Obama-Coburn solution of sunshine vs bans work better in the long run.
What I do see as a problem is Palin's repeated (even after she's been factchecked) lying on the stump regarding the bridge to nowhere. Its the disregard for the truth by the McCain campaign that is the most disturbing including McCain bizarrely insisting Palin had not requested any earmarks.
Its the fundamental dishonesty of his whole campaign message, not earmarks.
Facts are facts but analysis can certainly be biased.
That hurts you alot more than me because you tend to rely on biased right wing sources that delight in fudging numbers and just all around dishonesty.
Over and over again right wingers wonder when the msm is going to cover something based on what the right wing media tells them.
One would think at some point you guys would question those lying to you over and over again.
Posted by: Ryan C | Sep 15, 2008 5:21:17 PM
american*centrist
Greenspan: "America Can't Afford McCain's Tax Plan"
Greenspan: "Barack Obama's plan will lead to economic recovery and growth"
Posted by: Deb | Sep 15, 2008 5:14:26 PM
Deb, sure BHO will become Pres., and the next day the economy will recover, there will be nobody out of jobs, everyone will be prosperous, there will be world peace, the Heavens will open and there will be celestial singing! Get a grip, sweetie! The Dems have been in control of Congress for the last couple of years and BHO has been a Senator for a couple of years (I know he was hardly there to work for the people), and this is where we are today! The man has no experience or integrity - and I am not messing with ya!
Posted by: Beckie | Sep 15, 2008 5:14:19 PM
Obama is so quick to blame President Bush for the financial woes
when the Congress has authority over financial and budgetary matters.
This shows how out of touch and blaming others for Obama's failures
and his Democrat led Congress of DNC(Do Nothing Crowd) failures.
Start with Democrat Nancy Pelosi of San Francisco and
Democrat Harry Reid of Nevada that's where the blame and incompetence
comes from!!?
Posted by: 2nfer | Sep 15, 2008 5:12:22 PM
Ryan_C,
Here's a news flash for you - no one running for office is a change agent. Palin's dirty, Obama's dirty, McCain and Biden. They all wink and nod to get each other's earmarks through and every governor in the union says "thank you". None of that will change in the next four years no matter who wins. Surely you know that. If you're so outraged by this practice then please email your Congressional delegation and demand they cease and decist with all earmark requests.
Regarding the Washington Times, facts are facts regardless of where they are drawn from and can be corroborated. As usual when someone doesn't like the message they attack the messenger. Let the record show that Obama is clearly a party-line guy and always has been at all levels of government. Over the last four years McCain has co-sponsored more bills with Democrats than Republicans much to the consternation of his own party's leadership, hence the "Maverick" reputation. It's verifiable, go look it up.
Posted by: Woody | Sep 15, 2008 5:09:15 PM
"This doesn't include the cheaper cost of Health care giveing people the choice to buy into the same health care that senators get. Or the governments commitment to provide $4000 credit toward higher education in exchange for giving back to your community through community service."
______________
So the government will be able to provide us with all these extras.... even though it will be taking in less money.
Or will the rich, many of whom provide our jobs and essential, be more heavily taxed so that in order to provide these goodies, will be required to lower their benefits and up their prices so that, in the end, you'll be paying more (just not to the government) and not really receiving more!
As this plan unfolds, we need to be reminded that to tax big business heavily is to take away "INCENTIVE" and unless you want to segue into communism, that's NOT what you really want to do!
If it sounds too good to be true,
it usually is!
Think about it!
MCCAIN AND PALIN
Posted by: american*centrist | Sep 15, 2008 5:08:59 PM
"Barry, why you try to delay the troops to come home? I want to see my son. Why Barry why?"
This is the craven nature of the right wing.
Forget who sent your son to war.
Forget who wants to keep your son there indefinitely.
Instead let's rely upon a known liar and pretend that we actually care about the troops.
Posted by: Ryan C | Sep 15, 2008 5:08:39 PM
Palin has gotten into Obama's head. He is totally out of control and sounds like an angry man as of late. He needs to pull it together before he has a total meltdown.
Posted by: Concerned | Sep 15, 2008 5:06:56 PM
eyes wide open,
Why is it every right winger suffer amnesia for the last 8 years but suddenly KNOWS that this mess started during the Clinton years.
Let's take a look at Bush's Home Ownership Society. ++
# Expanding Homeownership. The President believes that homeownership is the cornerstone of America's vibrant communities and benefits individual families by building stability and long-term financial security. In June 2002, President Bush issued America's Homeownership Challenge to the real estate and mortgage finance industries to encourage them to join the effort to close the gap that exists between the homeownership rates of minorities and non-minorities. The President also announced the goal of increasing the number of minority homeowners by at least 5.5 million families before the end of the decade. Under his leadership, the overall U.S. homeownership rate in the second quarter of 2004 was at an all time high of 69.2 percent. Minority homeownership set a new record of 51 percent in the second quarter, up 0.2 percentage point from the first quarter and up 2.1 percentage points from a year ago. President Bush's initiative to dismantle the barriers to homeownership includes:
* American Dream Downpayment Initiative, which provides down payment assistance to approximately 40,000 low-income families;
* Affordable Housing. The President has proposed the Single-Family Affordable Housing Tax Credit, which would increase the supply of affordable homes;
* Helping Families Help Themselves. The President has proposed increasing support for the Self-Help Homeownership Opportunities Program; and
* Simplifying Homebuying and Increasing Education. The President and HUD want to empower homebuyers by simplifying the home buying process so consumers can better understand and benefit from cost savings. The President also wants to expand financial education efforts so that families can understand what they need to do to become homeowners.
Posted by: Ryan C | Sep 15, 2008 5:06:30 PM
Barry, why you try to delay the troops to come home? I want to see my son. Why Barry why?
Posted by: Mother | Sep 15, 2008 5:05:00 PM
So as our financial crisis worsens, McCain debates exactly what to call it.
ORLANDO, Fla. -- Speaking before a group of about 500 mostly Hispanic voters at the Asociacin Borinquea de Florida Central today, McCain said that the "American worker" is being "threatened today because of the greed and corruption that some engaged in [on] Wall Street."
Responding to criticism over his comment from earlier in the day that the "fundamentals of our economy are strong," this afternoon McCain defined those fundamentals.
"My opponents may disagree, but those fundamentals, the American worker and their innovation, their entrepreneurship, the small business, those are the fundamentals of America and I think they're strong," McCain said.
Today's clarification however, adds to a somewhat muddled message coming from McCain on the state of the economy. At last week's forum on national service, McCain said, "our economy is broken," but today he seemed to imply that it's not broken yet.
This afternoon McCain said, "our economy is at risk today," and specifically "the fundamentals of our economy are at risk." Based on his earlier definition of "the fundamentals," McCain asserted that "the American worker and their innovation" are at risk due to lack of sufficient regulation.
This man is clueless about the economy.
Posted by: Ryan C | Sep 15, 2008 5:02:13 PM
i see my 10$ per paycheck has come a long way :)
Yes we can. we are.
dont give yourself too much stress worrying about how the polls shift, if anyone knew a bit more about sample size, questioning methods, selection criteria and the fact that the pollesters are all owned by Republicans. :)
eh, can't wait until inauguration day
Obama Biden 2008
Posted by: voter in pa | Sep 15, 2008 5:01:23 PM
Debbie
An Obama aide accused Taheri of confusing the Status of Forces agreement with a Strategic Framework Agreement, for which Obama has pushed for congressional review.
"This article bears as much resemblance to the truth as a McCain campaign commercial. Barack Obama has consistently called for any Strategic Framework Agreement to be submitted to the U.S. Congress so that the American people have the same opportunity for review as the Iraqi Parliament," said Obama spokeswoman Wendy Morigi. "Unlike John McCain, he supports a clear timetable to redeploy our troops that has the support of the Iraqi government. Barack Obama has never urged a delay in negotiations, nor has he urged a delay in immediately beginning a responsible drawdown of our combat brigades
Posted by: Paige | Sep 15, 2008 4:56:27 PM
Not quite the truth:
"Obama: 'I Fault The McCain/Bush Economic Philosophy'"
____________
Actually, it was the Democrats who fluffed up the dream of a house for every car.... and no money down for your erstwhile unreachable castle in the sky.
That was begun in the Clinton years when money came easy and the housing market sang with the number of sales made possible with the low--or no money down.
People who could not even afford a garage wound up with high mortgages, and the term "house poor" got new meaning.
And for the last several years, we've been paying for the folly of following our dreams based on no money down.
The fault is with the lenders and the buyers and the brokers..... Government really had little to do with it, except get our hopes up in the Clinton years.
So Obama can fault whoever he wants.... it helps his cause.
But it ain't necessarily so!
MCCAIN AND PALIN
Posted by: eyes wide open | Sep 15, 2008 4:54:53 PM
FACT
Non-partisan fact-check 95% of Americans will see a tax break under Barack Obama's economic plan!
89% Will see a tax break between $1500-$5500
This doesn't include the cheaper cost of Health care giveing people the choice to buy into the same health care that senators get. Or the governments commitment to provide $4000 credit toward higher education in exchange for giving back to your community through community service.
Obama 08
Vote on the issues don't reward McCain's lies!
Posted by: Deb | Sep 15, 2008 4:45:54 PM
Because its not true debbie.
Posted by: Deb | Sep 15, 2008 4:45:30 PM
How come no one is reporting on the story in the Post about Obama asking the Iraqi's to delay any timetables until after the election? I believe they said he asked Gen Petraeus as well. Can a US SEnator do that outside the scope of negotiations that are on-going?
Posted by: Debbie | Sep 15, 2008 4:43:54 PM
DontUGetIt
Greenspan: "America Can't Afford McCain's Tax Plan"
Greenspan:"Barack Obama plan will lead to economic recovery and growth"
Posted by: Deb | Sep 15, 2008 4:42:27 PM
The fundamentals are strong. Its the politicians, both sides by the way, that have jacked it up. Look, certain things do need to be regulated. Giving 125% loans is not such a good idea. Interest only loans, not so smart. Allows people to gamble that property will appreciate and when it didn't the banks get left holding the bag. Then the taxpayers bail out the banks, so the taxpayers get left holding the bag. In the mean time, the staff at all those banks appear to be donating large amounts of cash to not McCain, but OBAMA. What a mess. Welfare wont fix anything. You can not tax a society into prosperity. People and corporations have got to be held resposible for their actions. That includes shareholders. An IRA invested in the stck market is a gamble. Dont cry if you lose. Im sick of that bs. If you let somebody else mange your money, your begging for a letdown. Especially politicians. 40% or 33% dont pay taxes? I think that is BS but ok. I paid over 40k in taxes last year. I have done well because I busted my a$$,and I dont mind helping keep the neighborhood up, educating my neighbors five kids, and feeding a homeless guy. But giving somebody $2500 for nothing but an I want your vote thank you very much is sinister. That is Peter Pan my friends. ANd dont think it is going to work. Business will have to raise prices on everything to compensate, or go out of business, or move more jobs over seas.
Posted by: DontUGetIt | Sep 15, 2008 4:39:24 PM
Polly
Tanking in the polls ?
He was down 10 points when Palin was announced... Down 6 points when McCain fired the lying ads and now his down 2 points ? Tanking Hmmm interesting!
Posted by: Deb | Sep 15, 2008 4:39:14 PM
And yet he is still tanking in the polls.
Posted by: Polly | Sep 15, 2008 4:36:03 PM
Black Monday:
Dow Plunges More Than 500 Points At Close...
Truth:
Obama: 'I Fault The McCain/Bush Economic Philosophy'...
The lie:
McCain: "Fundamentals Of Our Economy Are Strong"...
The insane:
Bush: We "Can Deal With These Adjustments"...
Posted by: Deb | Sep 15, 2008 4:35:13 PM
Ryan C
In 2008 John McCain has voted with Bush 100% pf the time. Something that must be mentioned again and again!
In the last 7 years McCain has voted with Bush 90% of the time.
In the last year he has voted with Bush 100%
and McCain is going to fix Washington ?
And bring the change we need ?
Yeah right GIVE ME A BREAK!
Do you believe people believe McCain is and agent of change ?
Posted by: Deb | Sep 15, 2008 4:33:25 PM
Woody,
Perhaps you can show me where Biden and Obama lied claiming they told Congress thanks buy no thanks to that bridge.
"Yes, McCain voted with Bush 90% of the time which means he bucked his party leader at least 10% of the time. Has Obama? Not even close. He's a strict party-vote kinda guy"
That would seem to be a function of the utter corruptness of the Bush administration and Republican party.
And even then McCain could only go against his buddy 1 time out of 10.
Posted by: Ryan C | Sep 15, 2008 4:28:04 PM
McCain's campaign is run by lobbyists and they are writing his policies.
Let me repeat that:
LOBBYISTS FOR SPECIAL INTERESTS ARE RUNNING MCCAIN'S CAMPAIGN AND WRITING HIS POLICIES
It's time to wake up, America.
Obama does not have lobbyists in his campaign. Lobbyists and Karl Rove acolytes are in complete control of McCain's campaign and they will control his presidency if he is elected.
Posted by: April | Sep 15, 2008 4:27:07 PM
Woody
What part don't you get McCain and Palin are running on the bridge to no where lie.. That Palin rejected it and told Washington to keep the money right ?
She as mayor approved and funded the on ramp for the thing as governor she kept the money!
I don't care if Barack and Biden designed the thing they are not running on lies!
Posted by: Deb | Sep 15, 2008 4:24:13 PM
"Bidens kid was a lobbiest until two days ago. "
Biden's kid was not part of the Obama campaign.
The discussion was dealing with the lobbyists running McCain's campaign.
If you want to discuss wayward children, we can discuss Biden's kid lobbying efforts and McCain's kid who is going to cost taxpayers billions with his inept management of an S&L.
Posted by: Ryan C | Sep 15, 2008 4:20:54 PM
John
How much more money could Obama's base have gave him had he not asked us to donate money to hurricane relief rather than his campaign ? ? ? ?
Posted by: Deb | Sep 15, 2008 4:19:48 PM
According to McCain's assesment today, "The fundamentals of our economy are strong." I watched a segment of the video and I was impressed. Because McCain managed not to grin while saying it. He's gradually projecting himself better.
Posted by: kat | Sep 15, 2008 4:16:40 PM
Ryan_C,
"I've got a bridge to sell you in Alaska" - you mean that bridge that Obama and Biden voted for? Where's the change? Running on a theme of change is never a good one when you have a demonstrable record of going along to get along. Yes, McCain voted with Bush 90% of the time which means he bucked his party leader at least 10% of the time. Has Obama? Not even close. He's a strict party-vote kinda guy. Since 2005 McCain has a much more impressive record of working with Democrats. Around 55% of McCain's bill are cosponsored by Democrats; Obama, 15% And we're talking substantive bills regarding campaign finance reform, global warming, etc., not commemorating Avocado Day or something like that. Where's the change?
I find it quaint that Obama is now claiming "turn the page" as his own. It's another cliche! No one owns it! What would Bob Seger have to say about that?
Posted by: Woody | Sep 15, 2008 4:16:40 PM
FactOid
I cant answer for what happened when Obama ran for the senate. the figures for his running for president are their open and honest for you to see!
Posted by: Deb | Sep 15, 2008 4:16:26 PM
Dear Jake
Let's look at this $66 million in perspective. They came out of the month with an $11 million increase in cash. They only raised $11 million more with Hurricane Sarah and the DNC.
How are they going to pump these numbers up unless Obama does more fundraisers and less campaigning?
Posted by: John | Sep 15, 2008 4:16:12 PM
"I have an IRA with money in the stock market. I would rather it in the hands of free traders than people who want to take it from me and give it to people not working"
Based on your understanding of economics, I would definitely leave your IRA to the professionals.
Posted by: Ryan C | Sep 15, 2008 4:13:58 PM
We know its from the staff.
But we know its also from the CEOs which are part of the staff.
From the New York Times:
Since 2003, executives and employees of Exelon, which is based in Illinois, have contributed at least $227,000 to Mr. Obama’s campaigns for the United States Senate and for president. Two top Exelon officials, Frank M. Clark, executive vice president, and John W. Rogers Jr., a director, are among his largest fund-raisers.
Another Obama donor, John W. Rowe, chairman of Exelon, is also chairman of the Nuclear Energy Institute, the nuclear power industry’s lobbying group, based in Washington. Exelon’s support for Mr. Obama far exceeds its support for any other presidential candidate.
How odd is it that Obama changed his language on a controversial bill he introduced against this very company?
Posted by: FactOid | Sep 15, 2008 4:13:10 PM
So people gave to Obama, not because of Obama himself but rather because they dislike Palin?
Seems to me something similar happened to Kerry when he was running...correct me if I am wrong, but that didn't work out too well for him...did it?
Posted by: dan | Sep 15, 2008 4:11:11 PM
If its not to rude beebop how much do you earn a year ?
Posted by: Deb | Sep 15, 2008 4:08:02 PM
Be Afraid:
I have an IRA with money in the stock market. I would rather it in the hands of free traders than people who want to take it from me and give it to people not working .....
Posted by: beebop | Sep 15, 2008 4:04:52 PM
From FEC
P80003338 OBAMA, BARACK President
Presidential Candidate PRES Democratic Party Challenger
Total Receipts: $401,311,983
Transfers From Authorized Committees: $13,950,000
Individual Contributions: $375,844,073
Non-Party (e.g. PACs) or Other Committees: $11,795
Contributions from Party Committees $150
Candidate Contribution: $0
Candidate Loans: $0
Other Loans: $0
Total Disbursements: $335,483,890
Transfers to Authorized Committees: $0
Individual Refunds: $1,525,417
Non-Party (e.g. PACs) or Other Refunds: $10,160
Candidate Loan Repayments: $0
Other Loan Repayments: $0
Beginning Cash: $0
Latest Cash On Hand: $65,837,809
Debts Owed By: $915,894
Barack recived money from a pac $(11,795) and paid back the Pac ($10,160)
Barack Obama has taken no money from corporations the money you are talking about is from the staff! No deals Nothing shady!
Posted by: Deb | Sep 15, 2008 4:04:36 PM
Phil Gramm helped bring Wall Stret to it's knees. And Phil Gramm was a McCain advisor.
Posted by: corruption | Sep 15, 2008 4:04:05 PM
FactOid, I could've said that the keypunch operator gave McCain $10 and if a CEO gave the max to Obama it would be a different matter. That doesn't make my facts incorrect nor yours any less misleading. Employees give. Employers do not. Lehman Brothers did not give any money to McCain or Obama. It's former employees in our fundamentally sound economy did.
Posted by: Nickel Dude | Sep 15, 2008 4:01:52 PM
Obama tries out a few new lines etc..
Bidens kid was a lobbiest until two days ago. Go figure.
Obama is sounding like a regular pol these days. the only "real change" I've seen, other than his stance on issues every other day. He should change his motto to:
Real Change You Can Count On! Everyday other Day.
Lets see how long it takes to change his VP selection? If he dont, hes doomed. If he does, hes doomed.
Ya getting that?
Posted by: FactOid | Sep 15, 2008 4:01:51 PM
Bottom line you guys, if you think Wall Street is bad today, remember, McCain's suporter Phil Gra mm created it. So smart people, please stand up.
Posted by: Be afraid | Sep 15, 2008 4:01:49 PM
As Mother Jones reported in June, eight years ago, Gramm, then a Republican senator chairing the Senate banking committee, slipped a 262-page bill into a gargantuan, must-pass spending measure. Gramm's legislation, written with the help of financial industry lobbyists, essentially removed newfangled financial products called swaps from any regulation. Credit default swaps are basically insurance policies that cover the losses on investments, and they have been at the heart of the subprime meltdown because they have enabled large financial institutions to turn risky loans into risky securities that could be packaged and sold to other institutions.
Posted by: Be afraid | Sep 15, 2008 3:59:43 PM
Interesting that 0bama's largest donations come from some of the largest law firms in the United States. Just what we need. More "change" from lawyers.
Posted by: beebop | Sep 15, 2008 3:56:27 PM
Barack new ad brilliant!
Posted by: Deb | Sep 15, 2008 3:53:32 PM
Oh, I see Nickel Dude, your saying when McCain gets a donation, it comes from the top, and when Obama gets a donation, it comes from all the little guys?
Are you sure thats not cynical lefty bias I am detecting?
Posted by: FactOid | Sep 15, 2008 3:52:12 PM
Obama tries out a few new lines in Colorado, Carrie Budoff Brown reports:
"But now suddenly, John McCain says he is about change, too. He even started using some of my lines. Suddenly he says he wants 'to turn the page.' He had an ad today that he started running that he and Gov. Palin would bring the change that we need. He had this in an advertisement. Sound familiar? Let me tell you something, instead of borrowing my lines he needs to borrow our ideas," Obama said.
He followed up with a dig at lobbyists, saying "if you think those lobbyists are working day and night for John McCain just to put themselves out of business, well, then, I've got a bridge to sell you up in Alaska."
Posted by: Ryan C | Sep 15, 2008 3:51:01 PM
Ryan:
The "57 state solution" was a myth.
Posted by: beebop | Sep 15, 2008 3:49:04 PM
Would someone explain to Factoid that those "contributors" he is listing are simply the employers of contributors.
A keypunch operator for Exxon who gives $10 to Obama is not Exxon. The CEO who gives the max to McCain is another matter, but it is still misleading to attribute a donation from an employee to the employer.
Posted by: Nickel Dude | Sep 15, 2008 3:44:58 PM
"Survey USA is a very consist poll. There were right on the money during the Democratic party Ohio and PA primary etc"
And anytime they don't have a favorable poll for Barry they're an outlier.