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Obama Pushes Rescue Plan ... Lays Off McCain

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September 30, 2008 1:44 PM

ABC News' John Berman, Sunlen Miller, and Ursula Fahy report: Barack Obama delivered a rarity today in Reno, Nevada.  After days of hammering John McCain, trying to tie him to the Bush administration, and suggesting he doesn't understand the problems facing the country, Obama held a rally today, delivering a full  36-minute speech where he didn’t once mention the name “John McCain.”

“There will be time to punish those who set this fire,” he said, “but now is the moment for us to come together and put the fire out.”

Obama used the speech at the University of Nevada, Reno to try build public support for the economic rescue plan being discussed in Washington, and put pressure on Congress to act.

“It is not a time for politicians to concern themselves with the next election,” Obama told the crowd,  “It is a time for all of us to concern ourselves with the future of the country we love. This is a time for action.”

And in his speech, he leaned on members from both parties. 

“To the Democrats and Republicans who opposed this plan yesterday, I say – step up to the plate and do what’s right for this country.” 

While Obama had been in touch with President Bush, Treasury Secretary Henry Paulson and Democratic House leaders, aides say he did not make any calls to push for Democratic votes before the failed vote Monday.  Now, campaign officials refuse to say whether he is making directs pleas to wary members.

Obama also made a more direct sales pitch to voters than he has in recent days, trying to persuade of the risks of not taking action.  “What it means is that thousands of businesses could close. Millions of jobs could be lost. A long and painful recession could follow,” he said.

He also tried to put the cost of the plan in perspective, “This is not a plan to just hand over $700 billion of your money to a few banks on Wall Street. If this is executed the right way, then the government will temporarily purchase the bad assets of our financial institutions so that they can start lending again, and then sell those assets once the markets settle down and the economy recovers.”

Obama offered a new policy proposal in the speech, raising the Federal Deposit Insurance limit to $250,000 from where it stands at $100,000 right now. 

It’s an idea Republicans say they first brought up last week. 

McCain has also recommended increasing the FDIC's insurance coverage to $250,000.

In a statement, House Republican Leader John Boehner said, “The presidential candidates’ support for increasing the FDIC cap is welcome news. Increasing the FDIC cap is a proposal put on the table by Roy Blunt and House Republicans but ruled out by Democrats during the negotiations that led to yesterday’s unsuccessful vote.”

Nevertheless, Obama asked for other ideas too.

“That’s one idea. If there are others that can help shore up support for this plan and shore up our economy, I encourage both parties, Democrats and Republicans to offer them.”

He concluded, “We can't have another day like yesterday.”

UPDATE: Obama campaign spokeswoman Linda Douglass now says that "yes" Obama is making calls to lobby members. She would not say which members or how many, but she did say that it is being done in consultation with the House leadership.

September 30, 2008 in McCain, John, Obama, Barack, Vote 2008: Democrats, Vote 2008: Republicans, Washington | Permalink | User Comments (517)

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It is not a time for politicians to concern themselves with the next election,” Obama told the crowd

The guy who studied for a debate instead of doing his job is lecturing people now?

Posted by: geevill | Sep 30, 2008 1:46:40 PM

Will Obama "Punish" Jim Johnson, Franklin Raines and the ACORN gang, as they are what started this???

An ACORN Falls from the Tree
Ken Blackwell
Tuesday, September 30, 2008

As negotiations over Congress’s emergency rescue bill continued over the weekend, repeated rumors leaked out that the Democrats were trying to funnel money to a hyper-partisan organization involved in criminal voter fraud. I’m speaking of the Association of Community Organizations for Reform Now — known by its acronym, ACORN. Although ACORN was cut from the final legislation, it’s important to understand this organization and its long history with, of all people, Barack Obama. And it’s important to see how partisan this emergency legislation has become.

As the weekend progressed, reports were constantly emerging of the sticking points preventing a final agreement. One of these reputed points of contention was whether 20 percent of the profit proceedings for asset sales in the future would go to what is called the Housing Trust Fund, subsidizing certain groups for ostensibly nonpartisan activity. One of these groups that this trust supports is ACORN.

ACORN has often been in the news since 2004. Officially, they work to register voters and support housing. In reality, everyone in public life knows that they are hardcore supporters for the Democratic Party, and employ bare-knuckle tactics. Their organization is plagued by repeated investigations of voter fraud and other crimes.

In Ohio, where as secretary of state I oversaw elections for eight years, ACORN has been busy. One ACORN man in Reynoldsburg was indicted on two felony counts of voter fraud, and another was indicted in Columbus. Other such problems surfaced in Cuyahoga County, where criminal investigations are ongoing.

It’s not just Ohio. ACORN personnel are facing criminal charges in over a dozen states. In Washington State, for example, seven ACORN leaders had felony charges filed against them for voter fraud.

And there’s an unexpected twist. One of the organizations accused of pushing banks into making many of the unwise loans at the heart of the current crisis is … ACORN. Now that’s ironic. An organization that possibly contributed to our current financial profits is now being considered to make money off of it. And by “money,” I’m referring to your tax money.

Twice already this year Congress has funneled money to ACORN. Some report that February’s economic stimulus included funds for ACORN, as did the bill to help people struggling with mortgages passed this April.

What deserves closer scrutiny is Barack Obama’s history with ACORN. Obama cites Saul Alinsky, a self-acknowledged radical who advocated extreme acts to achieve social goals, as one of his inspirations.

ACORN follows the Saul Alinsky model. After Obama graduated from Harvard, he went to work for ACORN in Chicago. Mr. Obama then became a trainer for ACORN, teaching others how to employ ACORN tactics in voter registration drives.

This ACORN involvement coincides with the increasing partisanship of this situation.

Congressional Democrats, and specifically Mr. Obama, are now saying that the problem underlying all this is “deregulation,” pushed by the Republicans. There are two fundamental flaws with this allegation.

First, this is not deregulation. This is not the private sector. Fannie and Freddie are government creations, that pay their executives millions of dollars but are shielded with your tax money from suffering the downside risk of the market. Engage in racetrack-style financing, they must be strictly controlled. Deregulation is about keeping government from hobbling the private sector and hamstringing its ingenuity and productivity. Deregulation does not apply.

Second, Republicans have tried to rein in Fannie and Freddie. Republican attempts to reform them in 1999 failed. In 2003, when Alan Greenspan testified about how Fannie and Freddie’s loose practices could endanger our financial system, it was Democrat Barney Frank who said these institutions were fundamentally sound, and should be more aggressive in getting loans to low-income people. In 2005, a Republican reform passed the Senate Banking Committee on a party-line vote, only to be blocked by Democrats from passing the full Senate. And in 2006 when John McCain spoke on the Senate floor of the need to reform Fannie and Freddie immediately, Democrats (including Barack Obama) would not respond.

You can also see where Fannie and Freddie look for protection by where they direct their money. Public records show that the top two recipients of Fannie/Freddie campaign contributions are Sens. Chris Dodd and Barack Obama, taking $165,000 and $126,000, respectively. Dodd, who chairs the Senate Banking Committee, and Mr. Obama, who says he’s going to remedy the whole situation.

It suddenly seems so clear why Democrats want ACORN to get some of the taxpayers’ money. I have unapologetically criticized Republicans, some by name, for out-of-control spending, lack of accountability, and other inexcusable actions that have tarnished the GOP and disserved the nation. And there are other issues that are either both parties’ fault, or no one’s fault.

But here, the Democrats are squarely to blame. They have resisted all attempts at reforming Fannie and Freddie, and pushed those organizations to become ever more reckless in their policies. This made the investments on Wall Street carrying those tainted mortgages go from bad to worse, and now we’re in a crisis and on the verge of a meltdown.

This is inexcusable. And if independent voters figure this out, their outrage over this situation will suddenly be directed against the party that pushed these disastrous policies. So Democrats want ACORN to get as much funding as possible, because they might need some new votes in their column on Election Day.

Voter fraud is in one sense the worst crime against democracy. The sole means of democratically choosing leaders is through voting. Every voter gets an equal vote. Every citizen who is a law-abiding adult has an equal voice in who will govern us. Our vote is sacred. Those engaging in voter fraud are in one sense no different than who intimidated voters at the polls in years past. Voter fraud may not be attended by the suffering that accompanied the beatings and water hoses of those days, but the assault on democracy is no less real.

ACORN is a discredited organization, and far too many of its leaders and workers have been prosecuted for felonies against democracy. The idea that a single dime of taxpayer money would ever go to such a group is an outrage.

And Mr. Obama needs to explain his involvement with them.

Copyright © 2008 Salem Web Network. All Rights Reserved.

Posted by: tescondo | Sep 30, 2008 1:49:28 PM

"to punish those who set this fire..."

And what punishment does he recommend for himself, for all of the high-risk home loans he managed to shake banks and other lending agencies down for in Chicago during his days as a "community organizer" for ACORN?

Posted by: SandyB | Sep 30, 2008 1:51:07 PM

THATS MY FUTURE PRESIDENT!!

Posted by: angie | Sep 30, 2008 1:52:30 PM

angie:

HE'S ALL YOURS..............

Posted by: SandyB | Sep 30, 2008 1:53:10 PM

Nevertheless, Obama asked for other ideas too.

“That’s one idea. If there are others that can help shore up support for this plan and shore up our economy, I encourage both parties, Democrats and Republicans to offer them.”


and what about Obama???? His energy plan was to inflate tires. His economic plan is to put taxpayers on the hook for rich depositors. doesn't do a thing for the rest of us.

Posted by: geevill | Sep 30, 2008 1:54:05 PM

This man deserves to be our President. It was an inspiring speech. He was telling Pelosi and those crazy Newt-followers to come back to reality and do what's best for our country. I don't know what America did to deserve this man but I'm glad we have him.

Posted by: Andrea | Sep 30, 2008 1:54:10 PM

Finally adult supervision.

Posted by: Sandra | Sep 30, 2008 1:54:13 PM

This is the bill we need!!! thanks to whomever posted this!

Found this while on a blog.

I received this in my email today and this would be the best way to initiate economic recovery country wide. I wish I would have thought of it.

I’m against the $85,000,000,000.00 bailout of AIG.

Instead, I’m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend.

To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child.
So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into $85 billon that equals $425,000.00.

My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free.

So let’s assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.

That sends $25,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has $297,500.00 in their pocket.

A husband and wife has $595,000.00.

What would you do with $297,500.00 to $595,000.00 in your family?

Pay off your mortgage - housing crisis solved.

Repay college loans - what a great boost to new grads

Put away money for college - it’ll be there
Save in a bank - create money to loan to entrepreneurs.

Buy a new car - create jobs
Invest in the market - capital drives growth

Pay for your parent’s medical insurance - health care improves

Enable Deadbeat Dads to come clean - or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny $1000.00 ( “vote buy” ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an $85 billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG - liquidate it.
Sell off its parts.

Let American General go back to being American General.

Sell off the real estate.

Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can “never work.”
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve It Dividend more than I do, the geniuses at AIG, or in Washington DC.

And remember, The Birk plan only really costs $59.5 Billion because $25.5
Billion is returned instantly in taxes to Uncle Sam.

Ahhh…I feel so much better getting that off my chest.

Best regards,
Birk
T. J. Birkenmeier, A Creative Guy & Citizen of the Republic

PS: Feel free to pass this along to your pals as it’s either good for a laugh or a tear or a very sobering thought
on how to best use $85 Billion!!”

Posted by: beck | Sep 30, 2008 1:56:00 PM

I want my president to be decisive and to have a good judgment.

I want my president to say "God bless America" not be a follower and surrogate of a hateful pastor who declares "God damn America" from the pulpit.

I want my president to respect small town people like me who happen to be religious.

I want my president to have a spouse who has always been proud of being an American (not just because her husband became a presidential candidate).

I want a president who can make me a proud American and not one who keeps telling me that the glory days of my beloved country are over.

I want a president who tells me that the fundamentals of American greatness are still solid.

I want a president who can stand with the motto: "My country! right or Wrong!"

I want a president who will never belittle America and the American people when he is with foreigner leaders and people.

I am a proud democrat and will always be one. However, what my party leadership did in the primaries is inexcusable. The careless Democratic party leaders pushed Senator Hillary Clinton, the one with a certain chance to defeat McCain, out of the race.

Above my being a democrat, I am a proud American. Therefore, on November 4, I will be crossing party lines and vote for Senator John McCain. McCain at least has the experience and the record to be a great president. His personal story and achievements make me proud of my country.

That's the kind of president I want.

McCain 2008. Hillary 2012.

Posted by: Roger | Sep 30, 2008 1:56:09 PM

Typical Obama.

Solving all of the world's problems with a speech and no action.........

Posted by: SandyB | Sep 30, 2008 1:56:19 PM

If Americans elect this left radical after this Present Vote, I am leaving this country.

Why should I pay Tax.

Obama did not call not even One congressman to vote for this bill and look what he is talking about.

Another PRESENT Vote.

ACORN & all left radicals pushed home loans in the name of Affordable Housing Plan and look at the mess we are in

Posted by: tom | Sep 30, 2008 1:56:55 PM

Ken Blackwell should be in jail. He was the WORST secretary of state of Ohio and he was voted out of office because he was horrible.

Obama has NO relationship with Raines.

McCain has MUCH MORE ties to Fannie and Freddie than Obama does including McCain's chief adviser getting thousands of dollars per month to lobby on behalf of Freddie Mac.

Posted by: Sandra | Sep 30, 2008 1:57:58 PM

gee evil listen you right wing nut i dont know how much rush pays you to sit all day and blog nonsense and lies and listen repukes the acorn THING IS A LIE MADE UP BY THE CONSERVATIVE NUT CASES(limbaugh hannnity fox news) GRAMPS MCCAIN IS DONE DEAL WITH IT STOP THE LIES GEE EVIL TAKE YOUR BLOGGING MONEY AND BUY YOURSELF AN EDUCATION!!

Posted by: angie | Sep 30, 2008 1:58:31 PM

Adult supervision??

He reminds me of the PowerPuff Girls.

Out to save the world before bedtime..

Posted by: SandyB | Sep 30, 2008 1:59:11 PM

Perhaps we can turn a corner on this issue and put our country on the road to recovery?

Posted by: rational | Sep 30, 2008 2:00:04 PM

Obama should let Biden handle the economic issues - Joe reminded us all how President FDR went on TV in 1929 to face the American people - but, FDR wasn't president in 1929 and TV wasn't invented

Posted by: jamescbuilder | Sep 30, 2008 2:00:04 PM

Tescondo ... yawn ... you're really long-winded. This is not the place to post a novel, just succinct comments.

Posted by: annaloh | Sep 30, 2008 2:00:54 PM

YOU CAN PUT LIPSTICK ON A PIG (BAILOUT) AND IT IS STILL A PIG!!

Posted by: Linda SAT | Sep 30, 2008 2:01:08 PM

THAT'S THE WAY TO DO IT!

Again, I'll point this out, the Dems delivered their votes like they agreed to. No reason for Obama (or anyone else) to call around to get more.

He admits that we shouldn't be happy about this, but its got to be done or it will get worse. He says its not over after this bill passes. Its just the start. Gee...that's sounds realistic.

Finally a candidate who is in touch with reality, and not trying to make up his own alternative one.

Posted by: Greg | Sep 30, 2008 2:01:11 PM

First he give in to gutting FISA, now this. Barack Obama, the only change is what's gonna be stolen from you to be given to the wealthy... He just lost my vote, I don't care what my friends and family say. I can't forgive a man who sells out the privacy of Americans and blows up the savings of the middle class and the poor to subsidize the bankers on Wall St. AFTER they have been exposed for criminal acts. Sorry Barack, you just lost me. 3rd party all the way.

Posted by: hmn | Sep 30, 2008 2:01:13 PM

Obama does what is politically expedient. He's all full of lectures now and last week wouldn't say boo about anything..but that's what he always does...put no stake in the ground and wait till it is all done and then try to pretend he was on the right side all the time.

Oh, and the funniest moment of the debate:
"uh, I have a bracelet too, it's from old what's his name" dang, can't remember that soldier's name...."

Posted by: KP | Sep 30, 2008 2:01:34 PM

jamescbuilder, palin can see a bank from her office. she's virtually an economic expert.

Posted by: two can play | Sep 30, 2008 2:01:37 PM

Roger: get over it. if you are proud of america today you have issues, serious ones.

Posted by: beck | Sep 30, 2008 2:02:02 PM

Why dont mccain let sara take over the economic situation like like that we are concerned with healthcare reform like we have to have job creation like like realing in spending lololol

Posted by: angie | Sep 30, 2008 2:02:29 PM

THAT'S OBAMA'S WHOLE PLAN??????
well it didn't work when the limit was increased in 2006 for retirement accounts.

FDIC Insurance for Retirement Accounts Increased to $250,000
Higher coverage takes effect April 1; Basic insurance limit for other accounts stays at $100,000

FOR IMMEDIATE RELEASE
March 14, 2006 Media Contact:
David Barr (202) 898-6992
dbarr@fdic.gov


The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved final rules that will raise the deposit insurance coverage on certain retirement accounts at a bank or savings institution to $250,000 from $100,000. The increase, the result of a new law boosting federal deposit insurance coverage for the first time in more than 25 years, will become effective on April 1. The basic insurance coverage for other deposit accounts, however, will remain at $100,000.

"The increase in deposit insurance coverage on certain retirement accounts is a significant change," said Martin J. Gruenberg, Acting Chairman of the FDIC. "The FDIC is committed to helping depositors understand clearly the change that has been made and how it will affect the deposit insurance coverage for which they are eligible."

Under the FDIC's new rules, up to $250,000 in deposit insurance will be provided for the money a consumer has in a variety of retirement accounts, primarily traditional and Roth IRAs (Individual Retirement Accounts), at one insured institution. Also included are self-directed Keogh accounts, "457 Plan" accounts for state government employees, and employer-sponsored "defined contribution plan" accounts that are self-directed, which are primarily 401(k) accounts. In general, self-directed means the consumer chooses how and where the money is deposited.

In addition, the IRAs and other retirement accounts that will be protected under the new rules to $250,000 are insured separately from other accounts at the same institution that will continue to be insured up to at least $100,000. To learn more about FDIC deposit insurance, see the resources listed later.

The new law also established a method by which the FDIC would consider an increase in the insurance limits on all deposit accounts (including retirement accounts) in the future, but only every five years starting in 2011. Any such increase would be based, in part, on inflation. Otherwise, accounts will continue to be insured as described above.

Posted by: geevill | Sep 30, 2008 2:02:42 PM

I read somewhere that electing Obama to handle this economic mess would be like hiring an arsonist to put out a fire. Kind of summed it all up for me.

Posted by: samhiguchi | Sep 30, 2008 2:03:16 PM

I watched the entire speech which was one of Obama's best - ever. He is truly a leader - brilliant. He will be the next President of the United States.

Posted by: bette | Sep 30, 2008 2:03:17 PM

This is a step in the right direction even if you don't like Obama, but the country is so polarized right now the spirit gets lost.

Posted by: thoughts ... | Sep 30, 2008 2:03:58 PM

To the people that say Obama is lecturing and not doing anyting..what do you suggest he do? What can he do? What has he done that McCain hasnt done in terms of this bailout plan?

i dont get it.

Posted by: John | Sep 30, 2008 2:03:59 PM

SUPER PALIN TO THE RESCUE remember the economic situation according to sara palin is HEALTH CARE REFORM what a joke

Posted by: angie | Sep 30, 2008 2:04:18 PM

KP: No, he said the soldiers name..they interviewed his mother, the one who gave him the band. She was so proud that he said her sons name during the debate. Her son died for all of us, in a war that is based on lies. She will hold that solid on the Bush administration.

Posted by: beck | Sep 30, 2008 2:04:37 PM

beck, just like the last time that joke was posted. 85 billion divided by 200 million is 425 not 425,000.
This is why we are a democratic republic and not a pure democracy, the american people are not well educated enough or well informed enough to make good decisions.

BTW McCain, this is how you make a speech about not laying blame when your intent is to actually not lay blame. McCain, how about you suspend your campaign until Nov. 5th? Spare us the embarrassment of the debate on thursday.

Posted by: Danny | Sep 30, 2008 2:04:43 PM

the FDIC already raised the insurance on people's retirement money to $250,000 in 2006. It didn't stop anything. It only led to more bad loans to the ACORNS ond HOPES.

Posted by: geevill | Sep 30, 2008 2:04:49 PM

THIS BILL HAS INSUFFICIENT OVERSIGHT, CHECKS AND BALANCES, AND ACCOUNTABILITY.

ANSWER: ADD REAL CHECKS AND BALANCES, AND FULL ACCOUNTABILITY.

APPOINT A REPUBLICAN AND A DEMOCRAT MEMBER OF CONGRESS AS CO-SIGNERS ON ALL TTRANSACTIONS.

HAVE THE CO-SIGNERS SIT ON THE REVIEW BBOARD AND REPORT TO CONGRESS FOR TRANSPARENCY.

GIVE THE REVIEW BOARD THE POWER TO FREEZE THE PROGRAM IF IT IS NOT WORKING AAND TO SEND IT BACK TO CONGRESS FOR ADJUSTMENTS.

ALL MEMBERS ARE FULLY ACCOUNTABLE UNDER TTHE LAW.

WE HAVE NO TRUST SO WE MUST HAVE CHECKS AND BALANCES AND ACCOUNTABILITY.

I FEEL CERTAIN THE BILL WOULD PASS IF THESE MEASURES WERE IN PLACE.

Posted by: lb | Sep 30, 2008 2:05:21 PM

geevil, it's not the whole plan. they put it out in digestible chunks for folks like yourself who can't see the big picture.

Posted by: a little at a time | Sep 30, 2008 2:05:30 PM

There is no question that Obama is much more presidential than McCain is ... in demeanor and action. The country is tired of all the gimmicks that the angry McCain pulls and want to get back to the serious business of electing a President who is intelligent, thoughtful, calm and well, presidential. The polls reflect the people's wishes ... Obama/Biden '08.

Posted by: annaloh | Sep 30, 2008 2:05:46 PM

BIDEN pulls a "hillary" claims he was shot at in Iraq!!!! Media silent....Biden now backpedaling on remark.. anymonous news reporter from with in one network:::: "THE FIX IS IN ON THE ELECTION" MEDIA IS PROMOTING OBAMA. we need a justice department investigation into this!!! This is influencing an election

Posted by: Seig Heil Obama | Sep 30, 2008 2:06:05 PM

KP: No, he said the soldiers name


after going uh, uh, then reading the name off the bracelet!!!!!!!!

Posted by: geevill | Sep 30, 2008 2:06:24 PM

Obama has class.

The lunatic right-will shills are out in number today.

Posted by: TRBoston | Sep 30, 2008 2:06:27 PM

John: Obama is the one coming up with the protection plan of the bill. To protect the american citizens from being totally ripped off again. There is only so much he can do because the Republicans only want so much.

McCain today praised Obama on how right on Obamas plans are.

That is what Obama is doing for you today and the past 10 days.

Posted by: beck | Sep 30, 2008 2:07:16 PM

GEE EVIL
You are a cluless person are you even old enough to vote?? do you even understand whats going on around you?

Posted by: angie | Sep 30, 2008 2:07:48 PM

Obama is brilliant. He will make a great President.

Posted by: dotheresearch | Sep 30, 2008 2:07:53 PM

Nevertheless, Obama asked for other ideas too.

“That’s one idea. If there are others that can help shore up support for this plan and shore up our economy, I encourage both parties, Democrats and Republicans to offer them.”

This is leadership? Duh, I don't know what to do. You guys figure it out.
I thought Obama was the ONE we were waiting for. So where is Obama's plan?

Posted by: geevill | Sep 30, 2008 2:08:05 PM

Roger,
do you want a president who respects the vows he made to his wife, or one who leaves a woman who is ill to chase after an heiress? Are you interested in voting for a man whose poor knowledge of the economy was not an issue when he spent time lobbying banks for his politcal supporters? what about a president whose son earned "windfall" profits after his bank closed it's doors to the community that depended on it? have you forgotten why you are a democrat in the first place? have you turned your back on a woman's right to choose what is best for her body and her life? hiliary supporters don't vote for republicans. hiliary is a democrat... and i doubt you ever were

Posted by: Ray | Sep 30, 2008 2:08:12 PM

tom, Obama couls not have voted on Monday for or against the bill, he is not a member of the house, he is a member of the senate. Further evidence as to why the American public is not qualified to pick their noses let alone a President.

Posted by: Danny | Sep 30, 2008 2:08:30 PM

Obama continues to bs the American voters.

Posted by: country voter | Sep 30, 2008 2:09:12 PM

George Bush has been in office for 7 1/2 years. The first six the economy was fine.

Almost two years ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high–14,000 +
5) American’s were buying new cars, taking cruises,
vacations overseas, living large!…

But American’s wanted ‘CHANGE’! So, in 2006 they voted in a
Democratic Congress and yes–we got ‘CHANGE’ all right. In the PAST YEAR:

1) Consumer confidence has plummeted ;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5.5% (a 10% increase);
4) Americans have seen their home equity drop by $12 TRILLION
DOLLARS and prices still dropping;
5) 1% of American homes are in foreclosure.
$2.5 TRILLION DOLLARS HAS EVAPORATED FROM THEIR
STOCKS, BONDS & MUTUAL FUNDS INVESTMENT PORTFOLIOS!

YES, IN 2006 AMERICA VOTED FOR CHANGE…AND WE SURE GOT IT! ….

REMEMBER THE PRESIDENT HAS NO CONTROL OVER ANY OF THESE ISSUES, ONLY CONGRESS.

AND WHAT HAS CONGRESS DONE IN THE LAST TWO YEARS, ABSOLUTELY NOTHING.

NOW THE DEMOCRATIC CANDIDATE FOR PRESIDENT CLAIMS HE IS GOING TO REALLY

GIVE US CHANGE ALONG WITH A DEMOCRATIC CONGRESS!!!!

JUST HOW MUCH MORE ‘CHANGE’ DO YOU THINK YOU CAN STAND?

Posted by: Maryland Woman | Sep 30, 2008 2:09:17 PM

Looks like they have stopped the blame game for now.
You McCain supporters are the only ones on this blog who makes the comment saying, it's about time, then continue slamming and attacking.
It's obvious you're nervous.
Get ready for the next President of the United States of America.

BARACK OBAMA....Wooooooooe hooooooo!!

You may continue on with repeating everything you have been watching on FOX.... If you run out of LIES, ahh, just make more up... It's a McCain thang. LOL

Posted by: Dianna | Sep 30, 2008 2:09:38 PM

beck - no i understand. he is doing all he can to help us. But the people that criticize him for it i dont get. He cant go in there and just say pass the bill now. ill be honest, i dont get the entire bailout thing, but I am trusting Obama to make the right decision for me. thats why we choose our leader...we want someone smart and has great judgement to make the best decision for me and my family. RIGHT?

So Mr. Obama I trust that you will indeed be looking out for me in the midst of all this.

Posted by: John | Sep 30, 2008 2:09:47 PM

Wow some of the morons on here today Let me ask you a question back what was it 3-4 yrs ago the President good 'ol W and his bestest buddie John "I'm a maverick just ask anybody"McCain were pushing a privitizing of SS letting people put $ into wallstreet and having their own SS acounts imagine where those poor people would be if things keep going and puuting some of the gov money in the market so taxpayers would be on the hook for that too. Now thats sound Judgement .

Posted by: richardcranium1 | Sep 30, 2008 2:10:00 PM

Ocama could of been present. That is what he does best. Obama moved the DNC to Chicago so he is the leader. where was he?

Posted by: geevill | Sep 30, 2008 2:10:02 PM

geevil, the President should listen to others. His job will be to make decisions based on input and dissent. I know it's confusing given the Decider you probably voted for in the last two elections.

Posted by: a little at a time | Sep 30, 2008 2:10:09 PM

GEE EVIL
What do you oppose obama do suspend his campaign ride off to washington to save the day and have nothing happen anyway oops sorry the other guy did that didnt work well!

Posted by: angie | Sep 30, 2008 2:10:23 PM

As usual, Sen. Obama is parroting what others have already proposed, he is not a leader but a follower/thief trying to get political points any way he can. The liberal media upholds his hypocrisy. My suggestion is to not listen to the economical advisors/experts instead of politicians. Try CNBC's network for market news. The Democrats jumped all over John McCain when he tried to help so why is the media not faulting Barack Obama for his intervention/stolen ideas?

Posted by: Wild | Sep 30, 2008 2:11:30 PM

You guys are hell bent on the media campiagning for Obama. SO WHAT?

who are you supporting? the media or McCain?

Why do you care whether the media's rooting for Obama or McCain?

I say this election is all but done. Obama has a 6 point lead in most polls, Opening a wider lead in blue states and taking the lead in several critical red states.

Posted by: Vanessa | Sep 30, 2008 2:11:32 PM

It's nice to see how magnificently disengaged he is.

All his speeches say how much better off we'll all be once he is in power... but what about now? He can actually affect things now.

But then again, he has never done anyhting of real significance but weave a made-fot-TV narrative and point to that as his main qualifications.

He wants to lead - then he should practice before our eyes instead of just talk about how well he will do it.

Te Audacity of Hype!

Posted by: Diamond Lou | Sep 30, 2008 2:11:32 PM

LIES AND FEARS AND SMEARS WILL NOT WORK THIS TIME REPUKES that goes for fox news rush limbaugh all the right wing nuts NOT THIS TIME ENOUGH IS ENOUGH!!

Posted by: angie | Sep 30, 2008 2:12:17 PM

You guys dwelling on ACORN are hilarious, and geevil's redicule of inflating tires to save oil shows ignorance of an extreme magnitude. There seems to be a few people (an one comment that seems to be copied by a number of groupies) whose only goal is to tear down. They offer no positive suggestions or potential solutions. That is exactly why McCain is going down in the polls and Obama is going up. Personally, I like Senator Bernie Sanders solution... a surtax on everyone making over $1 million and a harsh cap on golden parachute rewards to CEOs of failed companies.

Now, for those naysayers, do you have a possible solution, or are you going to keep whining.

Posted by: algwriter | Sep 30, 2008 2:13:05 PM

Diamond Lou,

Please in all seirousness. What can Obama do right now? What can he do right now that McCain is doing to help this out?
please just help me understand.

Posted by: john | Sep 30, 2008 2:13:12 PM

richard head,

Retirement accounts are already insured up to $250,000. Of course it is yet another thing Obama doesn't understand.

Posted by: geevill | Sep 30, 2008 2:13:41 PM

So Obama makes yet another speech in which he takes the ideas of others and calls them his own. This is news? Call me if Obama actually does anything like go and talk to the Black Caucus and persuade them to vote for the bill he wants. Or does the handout to ACORN have to be back in first?

Posted by: Keith | Sep 30, 2008 2:13:50 PM

I have a question for you..Will you punish yourself and all your fellow Democrats who have allowed this to happen? The republicans told us this would happen as far back as 2004-2005 and Democrats said everthing was fine and working great..They said the Leadership of Franklin Rains was just great and any attempt to say otherwise was a "political lynching" Obama admit on this one the Democrats were dead wrong! Then maybe I might have some respect for your pathetic lying party of all promise and no action. You expect us Americans to believe you really give a damn about us average Americans all any of you politicians care about is our tax dollars.

Posted by: batesba74 | Sep 30, 2008 2:15:45 PM

Senator Obama, I have one word you what you are saying and doing at this moment:


EXCEPTIONAL!!!!!

Posted by: shalom | Sep 30, 2008 2:16:26 PM

Got this from FOXNEWS: McCain Skips Spending Bill Vote, But Accepts Earmarks in It

Posted by: Obamaall theway | Sep 30, 2008 2:16:47 PM

if Palin suggested raising the FDIC insurance or inflating tires as the plan she would be ridiculed.

Posted by: geevill | Sep 30, 2008 2:16:56 PM

if only people had thought about the best interests of our children, our troops and America, we would have another President Clinton in January

Posted by: chris | Sep 30, 2008 2:17:47 PM

If any of you had younger siblings, just close your eyes and move with me. You remember teasing your little brother or sister with something personal, and them coming back with angry responses? Stuff like, "shutup, that's why you're stupid", all while tearing up...And the older brother or sister laughing, because they know its touching a nerve...That's what Senator Obama is doing right now. All these attacks that I read in here, sounds like the sad realization of what is about to happen on Nov 4.

Posted by: Dem-4-Life | Sep 30, 2008 2:18:14 PM

/sigh

geevil, he's not talking about the FDIC protecting retirement funds.

he's talking about the FDIC insuring all bank funds up to $250,000. this would allow small businesses a cushion, not pidgeon-holing them into thinking they cannot spend money.

jobs could be saved, money could be injected into the economy.

it would help.

as would inflating your tires fully. do some research and you'll find that this is a legitimate method of increasing gas mileage (by around 3%). if people did this overall, the US would save a lot of gas.

i'm sorry you seem to misunderstand these things... hopefully this helped.

Posted by: concerned for geevil... | Sep 30, 2008 2:18:18 PM

Maryland Woman:

You are so right. Few people who blog here really do!

McCain/Palin 2008!

Posted by: AnneC | Sep 30, 2008 2:18:21 PM

batesba74:

I have one word for you too:


unexceptional

Posted by: shalom | Sep 30, 2008 2:18:28 PM

So McCain can't remember what he says day to day so his people are now writing note cards for him so he will look less forgetful and more on key.

Sara can see Russia from her back yard.

Just what America needs to lead the next 4 years.

Posted by: beck | Sep 30, 2008 2:18:45 PM

John is asking

Please in all seirousness. What can Obama do right now? What can he do right now that McCain is doing to help this out?
please just help me understand.

---------

He can do the following

1. Shutup his mounth and stop blaming McCain for this mess
2.Go to Washington DC and work with Black Cacus to work with Republicans
3. Accept the fact that ACORN & affordable housing plan were main culprit for this mess

Posted by: tom | Sep 30, 2008 2:19:35 PM

beck, your dumb...

$85 billion divided by 200 million is $425 per person.

dumb a$$, you took 85 trillion and divided it by 200 million...

Posted by: acemann | Sep 30, 2008 2:20:08 PM

geevil:

just rest for a while.......your words reveal something about you....

Posted by: shalom | Sep 30, 2008 2:20:25 PM

Tescondo: Thanks for posting an entire article from a publication that no one on earth cares to read, except for you. It was larger than Rhode Island, but smaller than Texas! And it had that clear, cogent insight that only the truly paranoid possess. Keep up the good work for your team - I'm sure you swayed many many people with your cut-and-paste wisdom!

Posted by: Joel | Sep 30, 2008 2:20:41 PM

Maryland women You don't have a clue the dem controled congress you speak of has no real control not enough of a majority to threaten a veto override or push any agenda how with so little a majority could they do any of the things you say they did . Hell it takes 18-24 months for any laws or legistlature to come to have an effect so again how is it the dems fault if they did anything the president didn't like VETO with no chance for override they even had help across the isle a couple of times the new GI bill ands a few others got thru but nothing that says we wanted this and got it thru and the consumer confidence thing being at an 2 1/2 yr high that wasn't to hard to do after 9/11 when it went in the tank it had no where to go but up and do you really want to tout the DOW being at 14,000 and americans buying yachts and living large esp. now when we see how (GOP pushed de reg) and why do you really want to claim that as a good thing ?