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This “The Next President” program needs to be advertised more aggressively, added to the “ticker” and in other media outlets. It doesn’t even show up on Google’s main page today and isn’t being discussed in the blogosphere. It would also be nice to offer a post-analysis of the remarks made during the program.

The economy is important but given that the first debate on Friday will address foreign policy issues; the public should also be paying attention to what these former statesmen and stateswoman have to say.

It seems to me that we can deface the Presidency, suprevene the Supreme Court throw our billions away, all in the blink of an eye, but CANNOT change the hateful STUDENT LOAN BANKRUPTCY LAWS.

IT STINKS

"
Obama = bailouts. plain and simple.

Posted by: Kitty | Sep 21, 2008 9:42:52 AM"

KITTY can you please cite your source ? Because I cant find anything obacking that up, all I found was an article by the AFP about 20 hours old... :
"Barack Obama and John McCain both said Sunday they would study the proposal and work across the political aisle, following the US government's request to Congress for clearance to buy 700 billion dollars in distressed mortgages.

Obama spokeswoman Jen Psaki said the Democrat would be working with President George W. Bush's administration and Congress to ensure the plan relieves hard-pressed workers, not just company bosses and shareholders.

Obama wants the eventual package to be "part of an overall plan not just for Wall Street but for Main Street, that it protects taxpayers to the fullest extent possible, and that it helps homeowners stay in their homes," she said.

McCain said: "This financial crisis requires leadership and action in order to restore a sound foundation to financial markets, get our economy on its feet, and eliminate this burden on hard-working middle-class Americans."

Pledging also to review the full document and eventual changes ordered by Congress, McCain touted his plan for a "Mortgage and Financial Institutions" trust following a raft of hefty government bailouts of tottering companies.

Such a trust "would proactively resolve troubled financial institutions, enforce discipline on management and shareholders, and minimize the burden on the taxpayer," the Arizona senator said in a statement."

The private sector cannot price any of these illiquid toxic assets yet the taxpayer will be buying them up at a "discount" eh? This is not a republican or democratic problem, there is plenty of blame to go around to members of both of these corrupt parties.
Plenty of ties to both the Bush and Clinton administrations. You partian hacks who simply want to blame one party are economically ignorant and frankly quite pathetic.

The quickest way to recovery is for these assets to be liquidated through the market with NO government intervention. Banks need to fail... Lots of them. There is going to be pain regardless...

Call your corrupt congresspeople and tell them No!!! Unless you are happy mortgaging yours, your childrens, and your grandchildrens futures. Give up on this partian bullsh** and stand up as an American!

Why don't we just bail out every bank in the world ? After all, they all have an impact on the American economy in some small way ? Is there no one left who cares about the middle class working people who pay for this outrage ?

More evidence that the Conservatives are anything but supporters of Capitalism. Apparently, none of them have read Atlas Shrugged.

Wake up America! What happened last week? George Bush flushed us down the sewer like a drug deal gone bad. What we are BAILING OUT is George Bush and his years of failed policy and bad decisions and he's handing YOU the bill. Wake up, stand up and vote OBAMA!

Djr - nice how you paint all conservatives with a broad brush. Many of us REAL conservatives are quite familiar w/ all of Ms. Rand's work. Many of us REAL conservatives have NEVER supported these NEO conservatives.

Diana - you wake up! For you to imply that Obama and the neo libs are any better than the neo cons is pathetic.

Good luck.

"I'm confident that we’re going to win this thing," Obama said during a fundraiser in Miami on Friday night."I’ll tell you, we can win this thing without Florida, but boy, it's a lot easier if we win Florida. If we win Florida, it is almost impossible for John McCain to win."

I'm quoting cocky Obama. He should have just said "I'm asking for your support and help me win this thing".

He mostly won the red states during the primary, and lost PA, OH, NH, NM, FL to Hillary. 30% of Hillary supporters are not voting for him but are counted as Obama's in polling. SO if the pollings are close, how could he win this thing. Last time I checked, the red states he won are still red.

DO THE MATH LIBERAL BLOGGERS.

I don't care who'se fault it is... I care about how we're gonna fix it....

"The Treasury Department sent Congress legislative language last night asking for broad authority to buy assets from U.S. financial institutions. The request is just two-and-a-half pages"

TWO and A HALF PAGES???????

How much more socialistic do you want your country to be? The government creates the problem then the government solves the problem. How? FEAR is how you sheep respond to wolves. WMD's and terrorism = loss of liberties. Financial crisis = government owned financial services.

At least the Chinese are not trying to keep it a secret. The US is doing everything behind closed doors and using the right hand to do one thing and the left hand to do another.

All you people are left fighting the ideology wars that they perpetuate while the corporatist leaders and oligarchs get more and more powerful.

As for the Republican voters out there, as far as I'm concerned the only thing I am hearing you say is "baaaahh" "baaahh."

JV There are a lot of conservative Republicans(regular people and Senators) who oppose the financial bailouts. We're not afraid to admit when the Rebilcan party has messed up.

Diana And both McCain AND Obama are going to go along with it.

djr And you point is ... ?

Where is Dr. Paul?

DeanBob I commend you!

However, I've been asking for sources from which we are asserting that both candidates are going along with it; since all I've seen is that they'll "study it" and really, what's there to study? since the Federal Government says they are "keeping it simple" so it can be changed later... scary...

GIGI I admit it's easy to get caught up in the emotion and it is sooo easy to lose sight of WHAT is right, not WHO.

i am very glad to see the DEMORCATIC congress say NO to the REPUBLICAN fatcat bailout plan .

this is ,as Common Sense pointed out , a republican "plan b" for dealing with a probably democratic majority government.

the republican strategy when losing or losing is probably imminent = light the oil wells ,burn the bridges ,tear up all the infrastructure and then when the new leadership does finally take over they have less than nothing to work with , and are forced (by the pathetic economic and financial situation they inherited from the money grubbing republicans) into some kind of republican sweetheart deal just to get the country where it can operate in any sort of fashion...

republican posters constantly are posting these "facts" they get from drudge or worse fox network. the other "facts " they post never seem to have any reference to any check able reference sources . they nauseatingly complain/whine when a fact doesnt suit them , and like this instance , try to spin something obviously pertinent into
"oh who care.. or " why is this news"?

ITS NEWS BECAUSE 95% OF AMERICANS DONT OWN 13 CARS OR SO MANY HOUSES THEY CANT REMEMBER ,THATS WHY ITS NEWS YOU MORONS!!!
thanks for reporting the important stuff abc news ,keep digging. thars gold in them thar mccains!!

bah Where are your facts to back up your complaints?

the truth of the matter is that WE need to stop arguing about who has more cars or who is an elitist or whose' daughter is knocked up and look up and face the fact that the sh** has hit the fan and we need to WATCH OUR LEGISLATOR'S EVERY STEP BECAUSE THEY ARE TRULY MADLY PLAYING WITH OUR FUTURE AND THE FUTURE OF OUR CHILDREN.

THIS IS NOT a partisan issue, THIS IS AMERICA'S ISSUE AND IF WE ARE NOT UNITED, WE WILL CRUMBLE.

We'll point fingers later, TRUSSST ME I know one future "former vice president" that has at least about a dozen charges of crimes against humanity, war crimes, and breackage of seveal acts and pacts WAITING FOR HIM TO STEP DOWN... so forget that, LET'S FOCUS ON NOW!

GOD BLESS AMERICA! ALL OF IT!