McCain suspends campaign

If Obama is about change I think he would speak out against the bail out but the truth be told his pockets are filled with pay offs.

and yes the american economy will be effected in a bad way if we do not do anything but we should let these business fail for they did what they did on purpose to make bonus/commission money thru fraud and better smaller runned banks and funds will just rise to take there place over time. Besides 700 billion could jump start any depressed economy by providing jobs to build real stuff which our nation needs= new intrastructure.

 

People should be going to jail not giving our 700 billion or getting 700 billion.

Hopefully real republican conservatives and any real democrat liberals will throw the wrench into this criminal venture. For it goes against both

 

Wouldn't that be sweet!

 

The folks who managed this are now on Obamas campaign advising him on economics.

Credit in America will come to a screeching halt causing chaos. The 700 BIL could be used to jumpstart. America has toughed it out before. Those who cannot pay back loans will not get credit. They do not deserve credit.

No tax payer bailout. If this industry can be saved, let private money save it, private money is smarter money. Government money is " free " they think, spent stupidly in most cases, while the "earned " private money is spent much more carefully.

Guarantee loans if we must , but NO taxpayer freebie check.

 

Heres some " free " money for you. The reeling auto industry is dying due to government regulation, taxation and union excess. Hey, look who is tryin to throw away more money !!!!

Dem pork at it's best:

http://thehill.com/leading-the-news/dems-seek-a-further-56-billion-2008-09-25.html

This crap must stop. The very folks who caused this now want a blank check.
LOL. When are people going to wake up?

 

Obama really can't afford to step into the middle of the bailout discussions...for one he is complicit in the crisis but what could he possibly add to the discussion? He has no financial or economic mangement-level experience to contribute and he has, by his own admission, struggled to even control his own household finances. Do we want this guy up in the middle of these meetings?

No, I think his campaign is better served by having him continue to pass out the kool-aide at pep rallies, prey on fears of the ill-informed & promote his agenda of class envy.

 

UM so a very simple question turns into a attack! I did ask to leave the politics aside for the moment and just focus on the question.
Here is another for you, how many of you have home/travel/health/car insurance? well if AIG is allowed to go to the wall that cover goes with it along with a myrad of other insurances that they cover. Now that is only one company (they also insure banks against bad debt so banks will be forced to go) now I hear you saying ah but our deposits are safe well yes they are up to $100,000 after that you would get cents on the $, then there are people's pensions they to are at risk. The goverment as I read it are not just giving this money away but are taking assets in return for it, they are offering to buy the defaulted morgages at todays prices, for future resale as well as shares in the companies they aid.
No one person is responsible for this mess it is a acumilation of events and greed.
I quite agree that things should be investigated for wrongdoing and those culpable be brought to trial, I also agree that there should be no golden parachutes for any of those involved.
Oh and the reeling auto industry has just recieved cash from the fed ($25 Billion loan) as well,
http://www.marketwire.com/press-release/Industrial-Info-Resources-904129.html
perhaps they to should be allowed to go to the wall as well?

 

To a degree I believe some companies going to the wall as you put it, might indeed be a good thing in the long run. Certainly not in the short run. But some cleansing, of the bowels of the financial abyss would a good thing. One would think that the S&L failures of 1987-1988 would come to mind, all the fraud, the chicanery etc. would be at the fore of thought.

'Tis not though. Finance and memory are divergent in opin.

As unpopular as it might appear, I believe some correction of the economy is necessary, to bring about a necessity to rely on domestically produced merchandise, and services to alleviate the hemorrhaging of domestic funds to offshore, ie Chinese institutions.

Real Estate needs a correction too, back to reality. One cannot dare opin that burgeoning mortgages greatly in excess of one's means to ever pay are a good thing. Credit indeed should tighten back to responsible practice of the past.

Surely not good for the here and now, but for the long run, 'tis a much better option.

 

I like to think that is true but there are a lot of bubble heads out there who get all their information from things like Letterman and Hollywood and the Infotainment that poses as news.

"Ooooh. Letterman is making fun of McCain. I don't want to vote for him."

In the end, we get the leaders we deserve and if that is the kind of thing that sways voters then we deserve to suffer through an Obama/Biden administration.

 

I think the media and Hellywood indeed do want a Osama/Biden administration. Lord knows the democr@ps are far more entertaining with the news media etc. Think Clinton and sex scandal, and you get the picture.

 

I see that John McCain has flipped on his decision to stay in washington until this crisis is resolved and is now on his way to the head to head debate with Obama A bit of a sharp U turn here I think LOL

 

Yeah, sounds like McCain's advisers finally pressured him into picking politics over doing what he should be doing...his job. Obama's advisors don't have that problem...he always chooses trying to get the promotion over actually doing his job.

 

McCain might have chosen to do the right thing, but in the end it would have played into Hollywood and Barack Osama's agendas.

I believe he is better off in a debate, will see tonight. Barack has the possibility of being buried in a real thorough debate. He hasn't much substance or overall experience, and McCain has been around the block a few times.

 

Don't read me wrong. I am not at all saying this is Obama's fault, it clearly is not.

What I AM saying, is again, his choice of advisors , three of whom looted Fannie/Freddy and CountryWide for $215 million is a poor one. The man keeps bad company, period.

The backfired setup yesterday to have Obama save the day failed poorly as well. The man does not belong in a boardroom, he looked like a kid at Thanksgiving that was allowed to sit at the adult table for the first time.

They keep sayin they had a deal that McCain blew up. 100% not true.
The conservatives in the house were NEVER signed on, and still are not. They will NOT just bailout and give away money. Then they caught the Harry Ried trick, actually trying to pad this deal with pork.

IF the deal was so good, why did the Dems not pass it with their majority and take all the credit? Can you smell the same rat I do? The Dems, with a GOOD deal, could have rammed this thru with their majority, and with the blessing of the whitehouse and looked like hero's. The devil is in the details. The deal failed for a reason. There WAS NO DEAL.

I wish my lunchtimes were longer

 

McCain has to debate, period.

Now we all know the debate will be tipped in favor to START, but O must take the tip-off and run with it. Any failure will be burried by the media spin, so I expect no biggie here. Debate Schmebate. McCain will have to totally obliterate him, even thru the setup questions and the slant in order to win this.

Obama has only fooled the fools. And the media darlings. And the Hollywood left. And David Letterman.

 

I would love to see the pit bull in lipstick go after "Joe" from the 2nd smallest and inconsequential state in the union.

 

I am quite unimpressed by her...bulldog yes if you mean she attacks what her master tells her to and the way she has been trained. Then again Biden is a moron as well so it will be much like watching two mentally challenged people trying to out wit each other...maybe fun for morbid curiosity. How is it that they go for change picking a woman and ended up with exactly the same type of person...the only change she represents is whats down below...her politics, rhetoric and divisiveness is same old.

 

I am imagining a Farrelly Brothers movie!!

 

Kind of like algore and dandyquayle ganging up on poor old Admiral James Stockdale in the 1992 VP debate.

Curiously John Edwards held his own in the Democratic debates back in January etc. One does wonder if somehow he had been nominated how the whole flap of his little tryst with the tottie advert exec would have played out in the media.