Comments on: Obama: "No Welfare For Wall Street"

Nominee Is Inclined To Support Congress' $700B Bailout Package If It Also Protects Main Street

[glenda743]

Some people might really believe that one person can do something...whether it be good or bad.... but I''m here to tell you that NOTHING gets passed without approval of Congress and Congress is now controlled by Democrats...Wake up America....this should tell you something...DUH....

[hillarynow]

I am forever amazed at the infinite stupidity and failure to accept responsibility of the Bush/McCain Republicans. The Republicans completely caused the financial nightmare America is now poisoned with. When your burn trillions of dollars on a pointless war and give whats left to the wealthy in tax cuts, you fail to invest in American businesses, job creation and education, like the Bush/McCain Republicans have most certainly done, this is the obvious result. Republicans are fond of dismissing their exclusive role in this financially disaster by pointing the finger at interest rates and easing credit rules, while they fight for deregulation same time, but in the end it is all about the fact they have destroyed the incomes and surplus we once had. Obama is the answer, he is exactly what we need to start the recovery process, on the other hand more Republicans and more McCain would mean more of the same disastrous policies of George Bush.

[glenda743]

It really blows my mind how stupid this man is....The only thing he knows how to do is talk..... He is an expert at saying a whole lot of words that mean nothing but has a way of fooling the masses...Wake up America....
The Anti-Christ will be a man, in his 40''s, of MUSLIM descent, who will deceive the nations with persuasive language, and have a MASSIVE Christ-like appeal....the prophecy says that people will flock to him and he will promise false hope and world peace, and when he is in power, he will destroy everything.

[openmissoula]

For $700B in taxpayer money, every working person in America could get up to $400k in debt relief which would really support the economy.

There would be money left over, and creditors would still get paid!

[txgrouch2006]

For $700B in taxpayer money, every working person in America could get up to $400k in debt relief which would really support the economy.
Posted by openmissoula at 10:09 PM : Sep 28, 2008

If taxpayers HAD $700B in cash ready to pay for this bailout, they wouldn''t NEED debt relief.

[txgrouch2006]

Frank complained that the administration was more concerned about financial safety than about housing.
Posted by kecc1 at 09:53 PM : Sep 28, 2008

Looking back - gee, wouldn''t that have been a GOOD thing???

Democrats like Barney Frank REALLY DO have their heads up their buts.

[openmissoula]

For $700B in taxpayer money, every working person in America could get up to $400k in debt relief which would really support the economy.

There would be money left over, and creditors would still get paid!

[mccaino8nc]

Another right wing conspiracy video

Jeezus

Posted by scambail08
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It makes it very clear that the dems who are in power right now are not competant. and they shouldn''t be trusted to fix these problems.

[kecc1]

Democrats want to blame Republicans for this mess, but it was the liberals who initiated relaxing credit requirements so people who didn''t have good credit (i.e. couldn''t afford homes) could get them.

Barney Frank''s fingerprints are all over this fiasco. You should read Jeff Jacoby''s column in the Sept. 28 Boston Globe. http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/09/28/franks_fingerprints_are_all_over_the_financial_fiasco/

Here''s an excerpt:

Time and time again, Frank insisted that Fannie Mae and Freddie Mac were in good shape. Five years ago, for example, when the Bush administration proposed much tighter regulation of the two companies, Frank was adamant that "these two entities, Fannie Mae and Freddie Mac, are not facing any kind of financial crisis." When the White House warned of "systemic risk for our financial system" unless the mortgage giants were curbed, Frank complained that the administration was more concerned about financial safety than about housing.

Now that the bubble has burst and the "systemic risk" is apparent to all, Frank blithely declares: "The private sector got us into this mess." Well, give the congressman points for gall. Wall Street and private lenders have plenty to answer for, but it was Washington and the political class that derailed this train. If Frank is looking for a culprit to blame, he''ll find one suspect in the nearest mirror.

[douglas_dunn]

PART ONE OF TWO: What can awaken the American people to the awful reality that our country sits between the so-called "third world" countries and the rest of the developed world, that our true standard of living, AS A PEOPLE, that is, as a whole (united), is below that of the rest of the developed world, that our people are suffering, that our troops are dying needlessly? What will it take to go back in time (1973) to when U.S. News and World Report portrayed John McCain as a traitor or (2000) to when his own party buried him. What will it take to make our people see how shamelessly they are manipulated into believing we are the "leaders" of the free world when in truth we are the cannon fodder of the developed countries. What will it take? The only answer is a truly free press. How many journalists will answer this call? How many of them will see this as a duty "to God and country"? Our people are lambs. The Republican party has been laid bare. They are not "of the people, by the people, and for the people." They are profiteers. Anyone, and I do mean ANYONE, willing to look beneath the surface appearance can see this. If you want to know the truth about anything John McCain says, such as "Country First," you need only to reverse what comes out of his mouth. He is the walking definition of propaganda. I pray God delivers us from these madmen. I pray he opens the eyes of my fellow Republicans. I left the party three years ago, and will not rejoin in this lifetime.