Comments on: McCain Details Plan For Fixing Wall Street

Says Fed Needs To Get Out Of Business Of Bailouts, Backs New Regulation And Government Action

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by nellybelly52 September 19, 2008 5:32 PM EDT
Obama doesn''''t want to tell us his secret recipe, for fear that his campaign funding will run dry. His advisors already used the Fannie and Freddie money for the election of the "One", and now the house and senate are about to complete the bailouts at taxpayer''''s expense. While his advisors walked away multi-millionaires. Mr. McCain had warned government years ago, while Mr. Obama lobbied for campaign money.
Mr. McCain was an early voice calling for the resignation of Securities and Exchange Commission Chairman Harvey Pitt, charging that he "seems to prefer industry self-policing to necessary lawmaking. Government''''s demands for corporate accountability are only credible if government executives are held accountable as well."

In 2006, he pushed for stronger regulation of Fannie Mae and Freddie Mac -- while Mr. Obama was notably silent. "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole," Mr. McCain warned at the time.

ALL PARTIES are guilty of receiving "pork" from special interest groups. If it were in any other country we would call it a "bribe" which is illegal, here its financing. Political greed has lead to the Wall Street greed, and today every American is going to start paying for it.
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by blueskypie September 19, 2008 5:26 PM EDT
Upsetnow, while you are voting republican, please suit up for the service, they are looking for folks these days, and you sound like you are ready to go. Oh and you get to choose which war you would like to help out with, Iraq or Afganistan. It''s up to you! And tell any of your upset other friends to suit up also.
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by skyk239 September 19, 2008 5:26 PM EDT
No caring about America
and putting
Country FIRST !!!!!

Posted by Upsetnow at 02:20 PM : Sep 19, 2008

Nope! YOU are a traitor PERIOD! Anyone who would put this nation through 4 MORE years of Trickle Down and CONTINUE the FAILED Policies of Bush is just that a TRAITOR!!
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by skyk239 September 19, 2008 5:24 PM EDT
LOL The Guy who called himself Mr. Deregulation is NOW wanting to regulate. IS there ANYTHING this tired old man WON''T say to get elected?? LOL
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by blueskypie September 19, 2008 5:23 PM EDT
What is Palin useful for????? She has no foreign policy experience, no fiscal smarts since she left her small town holding millions of debt and liability (another lawsuit is pending over her hockey mom center), she cannot speak to a crowd without sounding like a beauty queen contestant, she isn''t for equal pay or women''s rights, or reproductive rights, what on earth is she there for? To bring rural Wal-Mart women to rallies? How embarrashing and insulting is that????? McCain should have picked a Romney type or a woman with a brain and the experience to back it up. Now he cannot remember what he said from day to day, is hard of hearing, keeps talking about the surge (yawn) that people could give two cents about. they are over here loosing their jobs and homes and he is still talking about the surge. AND he is boring. He wouldn''t be able to bring leaders of the free world together, he''d be yelling "what about me what"? JUST PLAIN SCARY.
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by upsetnow September 19, 2008 5:20 PM EDT
BINGO! ...... TRAITOR
No caring about America
and putting
Country FIRST !!!!!
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by blueskypie September 19, 2008 5:16 PM EDT
More of the same. This man wants doesn''t even know who are friends in the world are, like Spain, hello!!!! He wants to fire people that he has no authority to fire, and he blames Obama for every single thing ever. He''s be in congress since before we were born, and to hear him tell it, it''s Obama''s fault. He needs to just get better speech writers, Palin needs a new one also.
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by upsetnow September 19, 2008 5:12 PM EDT
I believe that McClain/Palin will get this country back on the right path so I am going to vote what I feel is best for this country and leave my party line and vote for McClain/Palin, we made a big mistake electing Obama as our nominee, but it is not too late yet to correct that mistake and vote for what is best for all of us as a nation. So I am voting for the Republician party for the first time in my life.
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by noloyalisti September 19, 2008 4:59 PM EDT
McSame want to pull the same old, same old conservative plan, started by Ray Gun, the 2nd worst pResident of all time. Feed the rich, supply side economics, trickle down theory. All a complete failure started by Friedman freak fascists like Reagan, Bush and McCain.
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by upsetnow September 19, 2008 4:55 PM EDT
Now, if I could, I''''d say...

OBAMA o8!

BULLY BULLY!

One reason I am voting Republican for the first time in my life.
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by liberalme September 19, 2008 4:40 PM EDT
McCain Details Plan For Fixing Wall Street

OK I''m looking, but can''t find the "details" or "plan" I see:

McCain also said the Fed should get back to "its core business of responsibly managing our money supply and inflation

A strong dollar will reduce energy and food prices," McCain said to applause from the Green Bay

McCain said that to help return the U.S. to fiscal solvency, the powerful central bank should instead focus on shoring up the dollar and keeping inflation low

McCain said there is a confusing mix of regulatory agencies that were either lax in carrying out their responsibilities or at worst were guarding their "bureaucratic turf."

"We don''t need a dozen federal agencies doing the job badly, we need the best federal agencies to do the job right," he said.

"The crisis on Wall Street started in the Washington culture of lobbying and influence peddling, and he was square in the middle of it," McCain said of Obama.

A few "shoulds" in there--some "we need" and "we don"t need", but I hardly see: "I WILL".

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by upsetnow September 19, 2008 4:34 PM EDT
Who am I
I am under45 years old.
I love the outdoors.
I enjoy hunting.
I am a Republican.
I have taken on the Republican establishment.
I have several children.
I am the Vice Presidential nominee with less than two years in the Governor''s Office.

Do you know who I am?
Can you Guess?

My name is Teddy Roosevelt
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by indianaman13 September 19, 2008 4:29 PM EDT
Obama a Washington insider? he hasn''t been there long enough to make all the inroads that McCain has for his 26 years INSIDE Washington. Who has Lobbyists for campaign consultants?
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by indianaman13 September 19, 2008 4:27 PM EDT
The Democratic congress does not regulate Wall street, especially after the republican congress before it deregulated so many financial safeguards. The SEC regulates Wall Street, and look, the SEC is headed by a republican. So a Republican is in charge of keeping Wall Street in line?
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by oregon4usa September 19, 2008 4:21 PM EDT
It''s amusing that McCain blames Obama when he himself has been a Washington Insider for 26 years now, and was prominent in the dereulation that created this mess. Just when I think the once honorable and worthy John McCain couldn''t possibly sink any lower in his greedy final quest for power I''m, sadly, proven wrong once again.
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by dburfears September 19, 2008 4:21 PM EDT
John McCain''s campaign is 100% Washington lobbyist 100% of the time

All of the TOP PEOPLE in the McCain campaign are lobbyists for large corporations, including Big Oil, and FOREIGN COUNTRIES.

Campaign CEO - Rick Davis, Partner at lobbying firm Davis Manafort

National Campaign Director- Christian Ferry, Associate at lobbying firm Davis Manafort

National Political Director- Mike Dennehy, Founder, The Dennehy Group, a New Hampshire lobbying firm

National Finance Director- Susan Nelson - lobbyist working for Loeffler Group LLC. Continued taking monthly lobbying payments after starting with McCain''s campaign.

Senior Policy Advisor- David Crane. Senior Executive at The Washington Group, a corporate lobbying firm with 2006 billings of $10.4 million.

Senior Foreign Policy Adviser - Randy Scheunemann. McCain''s PRIMARY Foreign Policy Adviser. A lobbyist for FOREIGN COUNTRIES, including Georgia (that was just in a war with Russia). OOPS.

National Finance Co-Chair - Tom Loeffler Owns one of the most lucrative and influential lobbying firms in Washington.

Regional Campaign Manager- Doug Davenport ran DCI''s lobbying practice. Was forced to leave when it was exposed that he LOBBIED FOR the REPRESSIVE REGIME IN BURMA.

Campaign Spokesman- Charlie Black - chairman of BKSH & Associates, with lobbying billings of $7.6 million in 2006

Phil "Americans are whiners" Gram - created this economic crisis.



Barack Obama has no lobbyists on the payroll or serving as key advisers.
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by undecided081 September 19, 2008 4:13 PM EDT
I dont pretend to be an expert on the ecomomy or politics. I look at what is in front of me for the majority of Bush''''''''s presidency America has had an ecomomic boom. People own their own homes, unemployment was low. That was under a Republican controled white house and congress. About 2 years ago this whole mess started with the economy. That was the same time the democrats took control of Congress. So can someone help me understand why everything was fine when the Republicans had control and now that the democrats have control everything is in turmoil. The last few elections I have always voted for the person not the party I actually voted for 5 democrats in the last election in my state and county. It is going to be hard for me to vote for another democrat if this is what we get when they take control.


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by dburfears September 19, 2008 4:10 PM EDT


Jeb Bush was on the podium supporting John McCain as McCain campaigned in Florida Tuesday (9/16/08).

The problem?

Jeb Bush is a PAID CONSULTANT for LEHMAN BROTHERS, the company that collapsed Monday. He obtained the position with Lehman Brothers after having Florida purchase BILLIONS of DOLLARS of Lehman Brothers'' mortgage backed securities that are now WORTHLESS.

As Governor, Jeb Bush was one of three administrators on the State Board of Administration (SBA) that agreed to let the state''s retirement fund buy a series of mortgage-backed securities from Lehman Brothers that are now worthless. Jeb Bush also supported Lehman Brothers managing two funds for the SBA.

Jeb Bush''s reward for supporting his corporate sponsor? a "Consulting" contract with Lehman Brothers. I wonder if JEB will get paid as Lehman Brothers goes into bankruptcy? LMAO You bet he will.

What''s so surprising? Nothing really. After all, MOST OF McCAIN''S ADVISERS AND ALL OF HIS TOP CAMPAIGN STAFF are lobbyists or "consultants" for large corporations and the entrenched Washington special interests. So It should be no surprise Jeb Bush is right there, standing behind McCain.


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by ronaldr5-2009 September 19, 2008 4:00 PM EDT
Obama will want this spotlight to dim very soon: Fannie, Freddie and the Lehman Brothers collapse do nothing but hurt him. He received over $160,000 from employees of Lehman Brothers. Obama''s fundraising is more heavily dominated by financial professionals than any of the presidential candidates. Citigroup, JP Morgan Chase, Goldman Sachs, Citadel Investment Group, etc. -- you name it; he''s in their pockets.

Say goodbye to any reforms if Obama is elected. He''s the hedge-fund candidate for President.
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by walt1944-2009 September 19, 2008 3:51 PM EDT
John McBush McCain has outlined his plan to rescue the economy and bring stability and prosperity to the financial world once again.

Speaking in Green Bay, where Packer fans are still upset about Brett Farve leaving, McCain outlined to the Cheeseheads the points of his economic plan.

The major points of his plan are:

1. Print more money!
2. Stop bailing out Corporate America and let the still-RED Chinese do it directly.
3. Have all neocon talk show hosts play Phil Gramm''s "WE ARE WHINERS" speech every hour 24/7.
4. Have Congress create a fund to buy up all corporate bad debts, INCLUDING those both he and Phil Gramm helped to create!
5. Start a war with Pakistan to keep people''s minds on other matters.
6. Put a cork in Carly Fiorina''s mouth!
7. Try to convince Brett Favre to come back to Green Bay!

SIG HEIL, GO PACKERS, BUSH!!!!
sig heil, THE GREAT ECONOMIST, McCain!!!
sig heil, WHAT''S A CHEESEHEAD?, Palin!!!!
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