BREAKING: CNN Reporting McCain wants to delay debate to work on financial crisis [Archive] - Glock Talk

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ATL Peach Girl
09-24-2008, 13:57
........not much more, CNN reporting possibly Obama agrees debate should be postponed as well.......

Edited to add: McCain is suspending his campaign right now for this crisis. CNN has it on now.

details coming as I speak.........

edited to add: CNN saying they are awaiting Obama response..........

Swanny
09-24-2008, 14:01
I take this as an indication that the bailout package is in real jeopardy of not being approved by Congress. Watch the market fall in the next hour.


Edit: 39 point swing south in about 3 minutes following my post.

m2hmghb
09-24-2008, 14:03
Literally 2 seconds after I read this I got the news alert from CNN. You are FAST on the draw peachy!

ATL Peach Girl
09-24-2008, 14:05
Literally 2 seconds after I read this I got the news alert from CNN. You are FAST on the draw peachy!
yeah I flipped over 10 min ago to see what the latest was on this stupid gas crisis here in Atlanta. This crap has me all mad as hell. And as I turned they were breaking in with this news that McCain is suspending his campaign and wants the debate postponed.

Swanny
09-24-2008, 14:14
McCain understands that Clinton beat Bush in 1992 solely on the economy. His campaign plan's number one item was "It's the economy, stupid" and it worked. Obama is ahead in most polls today because people see McCain as more of the same and the economy is the biggest issue on most voters minds. Obama can say he is different and get away with it, mostly because he isn't a Republican, and that is who is getting blamed for the economy.

PilotKitten
09-24-2008, 14:17
I thought all the politicians were for just letting the session end and going home without doing anything?

johnd
09-24-2008, 14:18
Its a ploy.
If he goes to DC to screwoff like the rest of the USFEDGOV does all the time, Osama Bin-Barak will be perceived as being not interested and only interested in gaining face time on the TV commercials.
If he doesnt then Bin-Barak might do that and reverse the ploy.

c6601a
09-24-2008, 14:22
It is a smart move by McCain. The topic of the day is economy and as long as that remains the topic, McCain is going to keep falling behind in polls. He needs a time out so he can change the topic, or failing that, change his image or if nothing else, at least make the bleeding stop by suspending his campaign.

Swanny
09-24-2008, 14:22
I love it. CNN is now reporting that Obama sees no reason to suspend his campaign. This is going to get interesting.

PilotKitten
09-24-2008, 14:28
I love it. CNN is now reporting that Obama sees no reason to suspend his campaign. This is going to get interesting.

You said it. A lot of people are annoyed by all the campaigning and just wish our politicians would WORK FOR A LIVING and let us judge them by their actions, not the sound clips they "approve for this commercial".

Swanny
09-24-2008, 14:31
You said it. A lot of people are annoyed by all the campaigning and just wish our politicians would WORK FOR A LIVING and let us judge them by their actions, not the sound clips they "approve for this commercial".

You would think that both candidates would have been front and center for the Congressional hearings on the bailout.

Retseh
09-24-2008, 14:58
McCain understands that Clinton beat Bush in 2000 solely on the economy.

And look at what a GREAT job Clinton did with it compared to how the Bush administration has squandered our hard earned money.

This is just a manouever, but it's an interesting one.

It also looks like it may get him out of at least a couple of presidential debates, and we all know how much McCain has been looking forward to those.

Swanny
09-24-2008, 15:01
And look at what a GREAT job he did with it.

This is just a manouever, but it's an interesting one.

It also looks like it may get him out of at least a couple of presidential debates, and we all know how much McCain has been looking forward to those.

Like him or not, you have to give credit where credit is due. Clinton had eight straight years of economic growth. His administration was one of the most prosperous economic times in our history.

john_glock_mi
09-24-2008, 15:02
I love it. CNN is now reporting that Obama sees no reason to suspend his campaign. This is going to get interesting.

Wow, I'm surprised. This makes Obama look bad to maintain the campaign, for his own betterment, at all costs.

Swanny
09-24-2008, 15:07
Wow, I'm surprised. This makes Obama look bad to maintain the campaign, for his own betterment, at all costs.

McCain can't outspend Obama, and he knows it. This bailout gave him a perfect out to take a break from campaigning and conserve is resources. His campaign is suspending its advertising, pending an agreement with Obama. However, Obama is saying the show must go on.

Just Say No
09-24-2008, 15:11
Is there really any question that McCain is going to be sodomized in these debates? I mean even if you are a die hard McCain/Palin supporter you have to admit the obvious. You are putting a young, tall, dark, handsome and very well spoken guy against a pasty white old guy who, while miles ahead of Dubya is no where near as quick on his feet as Obama.

The VP debate might be a different story (rolls kinda reversed there) but I am not looking forward to this slaughter.

*ASH*
09-24-2008, 15:13
dumb move by mccain who is already perceived by the public to not know jack about economics to suspend and want to cancel debate . if these idiots along with the rest of the government motards had been doing their jobs it would not be like this . now mccain is perceived as being weak .

Unlocked
09-24-2008, 15:15
Like him or not, you have to give credit where credit is due. Clinton had eight straight years of economic growth. His administration was one of the most prosperous economic times in our history.


And who should get most of that credit? Clinton or Greenspan?

Swanny
09-24-2008, 15:17
And who should get most of that credit? Clinton or Greenspan?

Well, Greenspan was the Fed Chair before Clinton got into office and after he left office, so I think you can read that one either way. However, Clinton had a better working relationship with Greenspan than he did with either of the Bush administrations. So, while I think Greenspan deserves most of the credit, Clinton also deserves credit for letting him do his job.

ATL Peach Girl
09-24-2008, 15:20
Is there really any question that McCain is going to be sodomized in these debates? I mean even if you are a die hard McCain/Palin supporter you have to admit the obvious. You are putting a young, tall, dark, handsome and very well spoken guy against a pasty white old guy who, while miles ahead of Dubya is no where near as quick on his feet as Obama.

The VP debate might be a different story (rolls kinda reversed there) but I am not looking forward to this slaughter.
back to DU with you!!! :upeyes:

You, like the rest of this country are having a love affair with Barrack Apollo Obama.

PBCounty
09-24-2008, 15:20
Is there really any question that McCain is going to be sodomized in these debates? I mean even if you are a die hard McCain/Palin supporter you have to admit the obvious. You are putting a young, tall, dark, handsome and very well spoken guy against a pasty white old guy who, while miles ahead of Dubya is no where near as quick on his feet as Obama.

The VP debate might be a different story (rolls kinda reversed there) but I am not looking forward to this slaughter.

Teleprompters wont be there to root for Obama in the debates.

kastiron
09-24-2008, 15:22
Like him or not, you have to give credit where credit is due. Clinton had eight straight years of economic growth. His administration was one of the most prosperous economic times in our history.

Yep. All it took was for him to get into office and instantly things were great.

Things instantly went to crap when GWB took over. That is probably right when the 9-11 attack planning started too.

All we need is Obama to take office and we will get to look at all of the great news sudenly in the media.

Maybe if we can just please have our taxes increased things will be better for all.

ATL Peach Girl
09-24-2008, 15:23
Teleprompters wont be there to root for Obama in the debates.
+1
uhhh......uuhhhh........and uhhhhhh...........

Bassman1985
09-24-2008, 15:26
Is there really any question that McCain is going to be sodomized in these debates? I mean even if you are a die hard McCain/Palin supporter you have to admit the obvious. You are putting a young, tall, dark, handsome and very well spoken guy against a pasty white old guy who, while miles ahead of Dubya is no where near as quick on his feet as Obama.

The VP debate might be a different story (rolls kinda reversed there) but I am not looking forward to this slaughter.

You apparently missed the last time these two squared off in the arena of ideas. Google "Obama Above My Paygrade" and read about that little adventure. Obama looked like a total fool when asked real questions without a teleprompter in front of him. Be prepared for the "smooth talker" to be totally hamstrung by uh's and ummm's while he stumbles through all the varied positions he's taken over the course of the campaign, trying to figure out what THIS particular crowd wants to hear.

The last time the two met in a debate-style forum, it was a slaughter. And Obama's guts were hanging from the rafters after it was all over.

*ASH*
09-24-2008, 15:29
Yep. All it took was for him to get into office and instantly things were great.

Things instantly went to crap when GWB took over. That is probably right when the 9-11 attack planning started too.

All we need is Obama to take office and we will get to look at all of the great news sudenly in the media.

Maybe if we can just please have our taxes increased things will be better for all.

bro taxes are gonna be raised NO MATTER who is in office . PERIOD.

Just Say No
09-24-2008, 15:31
back to DU with you!!! :upeyes:

You, like the rest of this country are having a love affair with Barrack Apollo Obama.

So out of my post you somehow deciphered that not only do I worship Obama but that I am a secret agent. I can see why CNN hired you.....:upeyes:

ATL Peach Girl
09-24-2008, 15:34
So out of my post you somehow deciphered that not only do I worship Obama but that I am a secret agent. I can see why CNN hired you.....:upeyes:
wrong, I was hired there because of my abilities in broadcasting.

It seems ALL your posts contradict what 99.99% of the GT population believes. That is why I posted what I did. You would be better suited over at DU.

Heckler&Koch
09-24-2008, 15:40
How would GT react if it was Obama postponing?

Just Say No
09-24-2008, 15:41
wrong, I was hired there because of my abilities in broadcasting.

It seems ALL your posts contradict what 99.99% of the GT population believes. That is why I posted what I did. You would be better suited over at DU.

99.99%, really? Maybe you need to take a better look around the site because obviously your math skills were not the high point of your C.V.

I mean are you really going to claim that McCain is more charismatic than Obama?

plasticgunz
09-24-2008, 15:43
I love it. CNN is now reporting that Obama sees no reason to suspend his campaign. This is going to get interesting.

He hasn't bothered to suspend his campaign to be President to do his job as Senator since he was elected, why would he start now?

ATL Peach Girl
09-24-2008, 15:47
He hasn't bothered to suspend his campaign to be President to do his job as Senator since he was elected, why would he start now?
:rofl:

ATL Peach Girl
09-24-2008, 15:48
I mean are you really going to claim that McCain is more charismatic than Obama?
McCain can more than handle himself in any debate. Obama is all smoke and mirrors and has all of you buffaloed. He is saying what the people want him to say---what he knows the people WANT to hear.

Unlocked
09-24-2008, 15:57
So, while I think Greenspan deserves most of the credit, Clinton also deserves credit for letting him do his job.


I don't know weather to :upeyes: or :rofl:

uneasyrider
09-24-2008, 16:01
Like him or not, you have to give credit where credit is due. Clinton had eight straight years of economic growth. His administration was one of the most prosperous economic times in our history.

http://www.data360.org/temp/dsg231_850_450.jpg

Looks like Bush didn't do to bad either, just a bit better than Clinton.

*ASH*
09-24-2008, 16:01
I don't know weather to :upeyes: or :rofl:

i agree with the :rofl::rofl::rofl:

Just Say No
09-24-2008, 16:02
McCain can more than handle himself in any debate. Obama is all smoke and mirrors and has all of you buffaloed. He is saying what the people want him to say---what he knows the people WANT to hear.

Where did you get the idea that I am an Obama supporter? Because I said that he was charismatic or handsome? McCain IS old, he is white and without a ton of makeup he is pasty. Obama is tall, dark, and in my humble opinion as a straight man, a nice looking guy. Anyone who understands English can see that the man is charismatic, what says noting about the message he is trying to convey, just that he can deliver it smoothly. McCain is simply not as articulate as Obama, working for a TV network you of all people should be able to tell that.

AJ Dual
09-24-2008, 16:03
Yep, Obama is a superlative reader/orator.

However, even in the Dem. Primaries the shrill nasal Hillary was able to pretty much run rings around him in the debates. Obama stumbled many times when he has to formulate his responses on the fly, and it's like watching an entirely different person.

McCain is not a great speaker, but he can hold it together in a debate. Whatever we think of him, the man was smart and disciplined enough to make it as a fighter pilot, and then hold it together for several years as a POW.

And it's quite unfortunate, because the entire sub-prime mortgage/credit meltdown has it's roots in the Carter Administration's 1977 Community Reinvestment Act, which essentially forced banks into sub-prime practices to serve minority/inner-city communities. Then the CRA was expanded under the Clinton Administration, and bank regulators were given even more tools to punish banks, and urban "community organizers" (sound familiar?) were given much more power to file complaints against banks. Rather than be labeled as "racist", and to serve the high-credit-risk community, banks gave out even more sub-prime loans. The same one's that are now being reviled as "predatory lending".

Yes it was partly "corporate greed" that got us to where we are, but it was the DEMOCRATS trying to force the banks into instruments of "Social Change" (Does "Change" sound familiar too?) which got this whole ball rolling. As was extending sub-prime lending to less riskier segments of the public to try and compensate with higher margin paper for the truly higher average default rates in minority and inner city communities.

Since 2000, the Democrats have blocked TWELVE Republican attempts at passing bills or amendments that would have reigned in Freddie and Fannie.

However, with Pelosi and Reid in charge of the House and Senate Kangaroo-Court hearings the focus will inevitably be on "evil bankers" and trying to hang this on the necks of the Republicans and Bush without presenting any actual facts to back it up.

slewfoot
09-24-2008, 16:04
How would GT react if it was Obama postponing?

I would have seen it as a sign of weakness.

Obama is actually a nobody in the Senate. He is one of the most junior senators.

McCain on the other hand, has substantial influence on both sides of the aisle.

McCain can make a difference in bi partisan negotiations, I believe Obama would be shunted aside by his own democrat colleagues.

Swanny
09-24-2008, 16:09
http://www.data360.org/temp/dsg231_850_450.jpg

Looks like Bush didn't do to bad either, just a bit better than Clinton.

But then again, look at the debt Bush has racked up.

http://zfacts.com/metaPage/lib/National-Debt-GDP.gif

PAGunner
09-24-2008, 16:10
Is there really any question that McCain is going to be sodomized in these debates? I mean even if you are a die hard McCain/Palin supporter you have to admit the obvious. You are putting a young, tall, dark, handsome and very well spoken guy against a pasty white old guy who, while miles ahead of Dubya is no where near as quick on his feet as Obama.

The VP debate might be a different story (rolls kinda reversed there) but I am not looking forward to this slaughter.

Now this is where I draw the line, your telling me you actually think Obama is "quick on his feet"?

Obama's ability to think on his feet sounds a lot like this: "uh eh, well, you see, a-duh a-duh, hold on a minute, eh ah oh"

Obama studders and stammers worse than anyone I've ever heard when he is trying to think on his feet, he has a hard time collecting his thoughts and putting together words to make any kind of sense. He is a great orator, give him a teleprompter and no one can do a speech better, except Clinton and the late great Ronald Reagan

UniversalBrow06
09-24-2008, 16:11
I hesitate to post this cause I'm sure most of you already know this but...In light of suspending his election campaign, McCain is ordering the removal of campaign ads.

http://www.politico.com/blogs/jonathanmartin/0908/McCain_taking_ads_down.html?showall

For whatever its worth...

PAGunner
09-24-2008, 16:16
But then again, look at the debt Bush has racked up.

http://zfacts.com/metaPage/lib/National-Debt-GDP.gif

What a decieving looking chart, judging from that sucker, you would think the Carter years were the golden years in US history. :upeyes:

Swanny
09-24-2008, 16:18
I don't know weather to :upeyes: or :rofl:

Please read:

http://images.barnesandnoble.com/images/14620000/14624574.JPG

and then get back to me.

DoubleDog
09-24-2008, 16:24
If this backfires on McCain, I am going to be one pissed off individual...

This does not give me a good feeling...

DD~

kc8ykd
09-24-2008, 16:30
I think congress as a whole needs to take a time out and really think about this, candidates/politics aside.

Being handed a 3 page paper saying essentially "OMG gimme 700bln dollars with no oversight, k, thx!" is never a good thing to vote hastily upon.

*ASH*
09-24-2008, 16:33
been stated hundreds of times. when government makes quick choices it never turns out good . same thing here. we are all fubared . i have no idea why washington has not been stormed by pissed off people. we are a country of candy asses

Swanny
09-24-2008, 16:34
What a decieving looking chart, judging from that sucker, you would think the Carter years were the golden years in US history. :upeyes:

In terms of adding to the debt, they weren't all that bad.

Jason D
09-24-2008, 17:37
This could be the smartest political move in the history of politics. He will come across as caring about the little guy, while obama it still on the campaign trail raising money for himself.

UniversalBrow06
09-24-2008, 17:41
It's just been hours, and the bashing has already begun:

http://www.drudgereport.com/flash3cbm.htm

And SML Harry Reid isn't a fan either...

http://blogs.abcnews.com/politicalpunch/2008/09/reid-to-mccain.html


This is all of course totally unexpected...

*ASH*
09-24-2008, 17:43
This could be the smartest political move in the history of politics. He will come across as caring about the little guy, while obama it still on the campaign trail raising money for himself.

the way its looking its the dumbest.

Swanny
09-24-2008, 18:05
The show must go on...

The Commission on Presidential Debates and the University of Mississippi, the scheduled host of Friday’s debate, said they expected the debate to go forward. They did not say what they would do if McCain failed to show up.

http://www.msnbc.msn.com/id/26872907/

MRex21
09-24-2008, 18:06
This is the difference between a leader choosing to lead, and a guy standing around stammering, "uh...um...what just happened?"

President Elect McCain is doing just fine.

MRex21
09-24-2008, 18:07
been stated hundreds of times. when government makes quick choices it never turns out good . same thing here. we are all fubared . i have no idea why washington has not been stormed by pissed off people. we are a country of candy asses

Then move to Cuba and shut the hell up.

Lead, follow, or get out of the way.

Swanny
09-24-2008, 18:09
EXCLUSIVE: LETTERMAN MOCKS MCCAIN CANCELLATION
Wed Sep 24 2008 17:41:58 ET

David Letterman tells audience that McCain called him today to tell him he had to rush back to DC to deal with the economy.

Then in the middle of the taping Dave got word that McCain was, in fact just down the street being interviewed by Katie Couric. Dave even cut over to the live video of the interview, and said, "Hey Senator, can I give you a ride home?"

Earlier in the show, Dave kept saying, "You don't suspend your campaign. This doesn't smell right. This isn't the way a tested hero behaves." And he joked: "I think someone's putting something in his metamucil."

"He can't run the campaign because the economy is cratering? Fine, put in your second string quarterback, Sara Palin. Where is she?"

"What are you going to do if you're elected and things get tough? Suspend being president? We've got a guy like that now!" :rofl:

Developing...

http://www.drudgereport.com/flash3cbm.htm

UniversalBrow06
09-24-2008, 18:14
the way its looking its the dumbest.

Yeah... cause we're all thinking, "Damnit John stop horsing around and get back over here, no more of this improving our economy crap let's hear more about this awesome election that we can't get enough of!" :upeyes:

kastiron
09-24-2008, 18:25
I agree. Put in Palin for the debate.

It would be even more lopsided as long as they don't bring in the teleprompter and speech writers for BHO.

Swanny
09-24-2008, 19:39
BREAKING NEWS: Obama Accepts Bush Invitation To Meet In Washington

http://www.wnbc.com/news/17551484/detail.html

G36's Rule
09-24-2008, 19:40
EXCLUSIVE: LETTERMAN MOCKS MCCAIN CANCELLATION
Wed Sep 24 2008 17:41:58 ET

David Letterman tells audience that McCain called him today to tell him he had to rush back to DC to deal with the economy.

Then in the middle of the taping Dave got word that McCain was, in fact just down the street being interviewed by Katie Couric. Dave even cut over to the live video of the interview, and said, "Hey Senator, can I give you a ride home?"

Earlier in the show, Dave kept saying, "You don't suspend your campaign. This doesn't smell right. This isn't the way a tested hero behaves." And he joked: "I think someone's putting something in his metamucil."

"He can't run the campaign because the economy is cratering? Fine, put in your second string quarterback, Sara Palin. Where is she?"

"What are you going to do if you're elected and things get tough? Suspend being president? We've got a guy like that now!" :rofl:

Developing...

http://www.drudgereport.com/flash3cbm.htm

Just proves how dumb some here and Letterman are. McCain suspending his campaign is so he can DO HIS ELECTED JOB!!!

That shows leadership.

Only in an upsidedown world would anyone NOT be able to understand that.

And anyone thinking Clinton was responsible for any perceived economic good times is silly. Do you remember who was in charged of Congress for six of the toons 8 miserable years???

The economy is mostly a matter of perception. Right now I'm doing real well, others not so much. Back in the "greatest economy ever" of the Clinton years, not so much.

Swanny
09-24-2008, 19:45
Just proves how dumb some here and Letterman are. McCain suspending his campaign is so he can DO HIS ELECTED JOB!!!

That shows leadership.

Only in an upsidedown world would anyone NOT be able to understand that.

And anyone thinking Clinton was responsible for any perceived economic good times is silly. Do you remember who was in charged of Congress for six of the toons 8 miserable years???

The economy is mostly a matter of perception. Right now I'm doing real well, others not so much. Back in the "greatest economy ever" of the Clinton years, not so much.

Keep drinking the Kool-Aid. It is easier than having to think for yourself.

G36's Rule
09-24-2008, 19:50
Keep drinking the Kool-Aid. It is easier than having to think for yourself.

Right, because I'm the one who thinks Clinton beat Bush in 2000 and I'm the one who doesn't understand who was in control of the purse strings in the country from '94 till the end of Clintons term...

Swanny
09-24-2008, 19:52
Right, because I'm the one who thinks Clinton beat Bush in 2000 and I'm the one who doesn't understand who was in control of the purse strings in the country from '94 till the end of Clintons term...

If you think Clinton beat Bush in 2000, you must be the only one, because Clinton didn't even run in 2000. :upeyes:

G36's Rule
09-24-2008, 19:56
If you think Clinton beat Bush in 2000, you must be the only one, because Clinton didn't even run in 2000. :upeyes:

You better put down the drink then and edit post #5, because you are the one saying it...

Swanny
09-24-2008, 19:58
You better put down the drink then and edit post #5, because you are the one saying it...

Nice pull. It should have been 1992.

Now, what was your point?

G36's Rule
09-24-2008, 20:03
Now, what was your point?

That I'm not the one drinking any kool-aid. And I'm suprised you would try to insult me that way.

Congress controls the money... Republicans were in charge of spending from '94 till the end of the Clinton years and then some. They did real well during the Clinton years in controlling spending. Giving credit to Clinton for things like welfare reform and reduced spending is not correct.

*ASH*
09-24-2008, 20:11
http://i42.photobucket.com/albums/e332/KK_Koala/Old-NewsRocks.jpg

Rooster Rugburn
09-24-2008, 20:13
Dick Morris echoed on the O'Reilly Factor what some of the early posters posted hours before. McCain will use this to look like part of the solution.

BUT, rest assured, when the chatter starts making McCain look good, or when Obama advisers hear and read McCain's strategy, Obama will be back in the Senate in short order to get his share of the credit. McCain will still come out ahead because like preferring to lose a campaign and winning a war, McCain was the first of the two to appear to be putting the economy ahead of the campaign. Nicely played either way. I wonder which adviser came up with this?


Brit Hume reported that President Bush asked the two candidates to come to the WH to discuss the bail out. This is really funny in that McCain is trying to run away from Bush, and Bush, in inviting Obama to come to DC, just engaged Obama in the solution process, and undercut McCain's strategy.

Reagan40
09-24-2008, 20:26
Well, Greenspan was the Fed Chair before Clinton got into office and after he left office, so I think you can read that one either way. However, Clinton had a better working relationship with Greenspan than he did with either of the Bush administrations. So, while I think Greenspan deserves most of the credit, Clinton also deserves credit for letting him do his job.

With all this stuff unfolding, it is clear to most economists that the Greenspan/Clinton economy did boom. The problem is, it boomed on consumer debt and did not offer the required over sight of Freddie, Fannie and the like. The Bush administration then continued this and though there is evidence they saw it coming and made some attempts with Congress, they should have been more insistant and brought the pending crisis to the fore front several years ago since they could not get Congress to move on it. Both administrations have had good economies, and now we are seeing that they were not built in a truly healthy manner. The beauty of politics, is you just have to make sure things go well until your term is about up. Remember, we were heading into a recession during Clinton's last year in office too.

Swanny
09-24-2008, 20:46
With all this stuff unfolding, it is clear to most economists that the Greenspan/Clinton economy did boom. The problem is, it boomed on consumer debt and did not offer the required over sight of Freddie, Fannie and the like. The Bush administration then continued this and though there is evidence they saw it coming and made some attempts with Congress, they should have been more insistant and brought the pending crisis to the fore front several years ago since they could not get Congress to move on it. Both administrations have had good economies, and now we are seeing that they were not built in a truly healthy manner. The beauty of politics, is you just have to make sure things go well until your term is about up. Remember, we were heading into a recession during Clinton's last year in office too.

I don't disagree. I place the blame on Phil Gramm and his wholesale gutting of the Glass-Steagall Act and for authoring the abortion which replaced it, the Gramm-Leach-Bliley Act. The purpose of the Glass-Steagall Act was to separate commercial banks that focus on consumers from investment banks, which deal with speculative trading and mergers, which is exactly what is coming back to bite us in the ass now.

Daps
09-24-2008, 23:14
To be honest i think those who dont really pay politics any attention are going to see McCain going to Washington as a trick move. I dont think either of them are on the committee and now Bush just undercut him by inviting them both to DC

c6601a
09-25-2008, 00:09
McCain was the first of the two to appear to be putting the economy ahead of the campaign.What is wrong with the economy? Did you not hear McCain proclaim just a week ago that there was no problem?

aomagrat
09-25-2008, 00:28
If this backfires on McCain, I am going to be one pissed off individual...

This does not give me a good feeling...

DD~

I agree.

This look like the last act of a desperate man.

tedg-23
09-25-2008, 01:17
OMG!!!! I can`t wait for Nov. 5th.

ClydeG19
09-25-2008, 01:34
Literally 2 seconds after I read this I got the news alert from CNN. You are FAST on the draw peachy!

Exactly how long have you been a member here?:tongueout:

Mnukedude
09-25-2008, 01:39
And who should get most of that credit? Clinton or Greenspan?

Considering that some of the policies of the Clinton administration are being fingered for the current economic crisis, how sure can we be that the prosperity we had under Clinton doesn't have a certain amount of the current problems at hand as the price tag?

Mnukedude
09-25-2008, 01:48
I agree. Put in Palin for the debate.

It would be even more lopsided as long as they don't bring in the teleprompter and speech writers for BHO.

While I imagine she would slaughter him in debate, the move would be panned as "McCain hides behind Palin", suggesting that he went to Washington as an excuse to escape the debate and instead put in a stronger person for his side out of fear of defeat.

Biscuitsjam
09-25-2008, 02:01
Like him or not, you have to give credit where credit is due. Clinton had eight straight years of economic growth. His administration was one of the most prosperous economic times in our history.A lot of the economic growth during Clinton's presidency was the "Internet Bubble" and the "Housing Bubble." People freaked out when the internet bubble busted but we quickly recovered. The "housing crash" is what's causing our current problems.

Bush bears a lot more of the blame for what's going on now. However, a lot of Clinton's growth came from unsound policies with long-term consequences.