Horserace
September 29, 2008 12:34 PM

New Obama Ad Calls Golden Parachutes "An Outrage"

By
Brian Montopoli
Topics
Advertising
The Obama campaign has released a new ad, "Parachute," that ties John McCain to so-called "golden parachutes" for business executives. The ad spotlights McCain advisor Carly Fiorina, a former Hewlett-Packard CEO "who left with $42 million."

The 30-second spot will air will air "across the country on national cable beginning today," the campaign says.

"Last week another bank went under," an announcer says as the spot opens. "But its CEO could walk away with $19 million. John McCain's advisor, Carly Fiorina: The fired CEO who left with $42 million. Barack Obama says it's got to change, demanded any Wall St. bailout restricts CEO pay."

Obama is then shown speaking.

"You've got corporate executives who are giving themselves million dollar golden parachutes and leaving workers high and dry," he says. "That's wrong. It's an outrage."


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by breezy4244 September 30, 2008 2:47 PM EDT
Fact President Bill Clinton Lifted regulation while in office, which allowed Wallstreet to play with our money.

Fact: President Buch addressed Congress 2005 concerning Freddie and Fannie.
Fact 2005 Dems voted no restrictions on Freddie/Fannie (This session on video,
Fact: 2005 Macain addressed congress with concerns of Freddie/Fannie. Research his speach to congress. This speach also found in book Fleeced,
Fact: Follow money trail, who in congress received kickbacks.
Fact: CEO''s From Freddie/Fannie involved in Obama Campaign
Fact CEO"S Walked Away With Millions.
Fact Mainstream media not telling truth. Americans demand truth, fair/balance. Refuse to watch CBS, NBC and ABC because of biass reports.
Fact:Hands dipped in money pot (Majority DEMS)
Americans this is not Republican VS Democrate , This is Corruption/Greed by those we elected for our interest . Instead they looked after Wallstreet, CEO''s and their own interest. They sold the American people out. Stand up demand CEO''s, Wall Street and those that received kickbacks in Congress be held acountable. March in front of your Court Square/Protest. Congress comes back Thursday. Make this day our voices are heard.Demand accountability from CEO"S/Congress. Come together as Americans, not as Democrates/Republicans. Don''t let the Corrupt get away with this. Mark Thursday as a day to be heard.
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by dravrah September 30, 2008 1:47 PM EDT
Harvard Hollenberg''s Alternate Plan To The "Wall Street Bailout"
By Harvard Hollenberg

Let us take as a given that Congress can authorize a $700 billion appropriation. Here is the plan:

A. Existing financial institutions are on their own. If they survive, they survive; if they fail, serves them right.

B. Divide the USA into ten regions. Use the $700 billion to capitalize ten new banks -- up to $70 billion each -- but probably less.

C. Appoint Directors and Managers who are financial experts, carefully vetted to assure no previous connection with foreign or domestic institutions involved in any finagling. US citizens only!

D. The federal government would own 60% of each bank, private investors who put up funds would own 40% of each bank.

E. Failing all else, folks and businesses seeking credit would apply to the new banks. Transactions would be based upon collateral and insured by a new, parallel organization to the FDIC.


As for mortgage foreclosures, I would let people stay in their own homes -- principal places of residence only -- and pay one-quarter of their gross earnings into escrow accounts. Later, the new Administration can sort, out whether to define that as rent and how to determine ownership. Right now, we don''t need millions of houses abandoned to ruin and hundreds of thousands of families made homeless.



Contact: Harvard Hollenberg, Esq. 320 East 22nd Street, #2K New York NY 10010 (212) 995-9313

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by mattcat25 September 30, 2008 1:35 PM EDT
Boehner and his little friends got their feelings all hurt by Speaker Nancy Pelosi%u2026.

sniff.
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by dicktracy200 September 30, 2008 5:58 AM EDT


I am writing this message to inform people of the injustice being perpretrated by Fox News against Barack Obama. For the past two weeks there has been nothing but negative reporting against senator Obama by the Fox News network, which is unfair to listeners and the candidate. This networks seemingly biased opinions are not of interest to us viewers. My concern is that negative reporting like this will influence voters that are undecided of which candidate best express their wishes. I depend on these news stations for fair, accurate and just reporting regardless of the outcome whether it be a debate or any other current event and if that cant be accomplished I feel that it is grounds for that station (Fox News network) to be boycotted until they learn and understand that those types of injustices will not be tolerated. If anyone else can relate to the unfair reporting of Fox News I suggest that you join us in a boycott of this news station. PASS THIS MESSAGE ALONG.

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by kathyjay1 September 29, 2008 10:09 PM EDT
I have never felt such contempt for the goverment as I do for the present administration and all it''s GREED.Does it hurt bushies feelings to have his own party turn on him? GOOD
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by kight67i September 29, 2008 8:28 PM EDT
LET ME SEE... ISN''T SOMEONE ON THE OBAMA CAMPAIGN A FORMER FREDDIE OR FANNIE MAN. SOMETHING TO THE TUNE OF 90 MILLION DOLLARS... WHAT COLOR WOULD YOU CALL THAT PARACHUTE ? A LITTLE SHADY?
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by obamarama7 September 29, 2008 7:35 PM EDT
So they talk about giving CEOs a maximum of $400 or $500K if the government has to intervene. If the government has to take over your business because you can''t run it properly, you should receive the minimum salary of any government worker. You should get a part-time postal worker salary.

Am I crazy? How can you fail and still draw a salary from taxpayers?

Ron Paul would not accept this: http://***********/66o79q
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by tinaolsen1 September 29, 2008 6:53 PM EDT
McCain turns out to be the risky choice %u2013 and Obama the more safe choice %u2013 who would have thought that?

McCain is a drama queen and a gambler. He is not the steady and measured hand we need at this time of economic and financial distress. Obama is clearly very sharp and capable %u2013 cool, calm and collected. McCain has had his time. Now it%u2019s time for retirement. We need someone with a clear vision for America, not someone dwelling in the past. Americans would rather see the world waving American flags, in stead of burning them!



Reply to this comment
by tinaolsen1 September 29, 2008 6:52 PM EDT
McCain turns out to be the risky choice %u2013 and Obama the more safe choice %u2013 who would have thought that?

McCain is a drama queen and a gambler. He is not the steady and measured hand we need at this time of economic and financial distress. Obama is clearly very sharp and capable %u2013 cool, calm and collected. McCain has had his time. Now it%u2019s time for retirement. We need someone with a clear vision for America, not someone dwelling in the past. Americans would rather see the world waving American flags, in stead of burning them!



Reply to this comment
by tinaolsen1 September 29, 2008 6:51 PM EDT
McCain turned out to be the risky choice %u2013 and Obama the more safe choice %u2013 who would have thought that?

McCain is a drama queen and a gambler. He is not the steady and measured hand we need at this time of economic and financial distress. Obama is clearly very sharp and capable %u2013 cool, calm and collected. We need someone with a clear vision for America, not someone dwelling in the past. Americans would rather see the world waving American flags, in stead of burning them!



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