Friday, September 26, 2008

Barack Obama says that America is in one of its greatest moments of crisis since The Great Depression -- and then insists that he's not needed in Washington. I think that says it all.

According to his home state newspaper, Harry Reid declared that he's going to manipulate the proceedings so that the well-rehearsed theatrics of a debate -- a debate that Obama has run from repeatedly in the form of town halls offered by McCain from day one (and accepted by Obama) -- can go on. With all sides agreeing that time is running out, Reid's cynical politics is exactly what the American people don't need.

The Democrats are being asked to be Americans. They can't. They can only be Democrats.


i report, u lie said...

'Sen. Ted Stevens devised a meticulous scheme to hide from the public hundreds of thousands of dollars of gifts even though he knew he was violating the law, government prosecutors alleged in federal court Thursday.' 9/26

karin said...

Oh, Evan, there you go again. You, of course, know that we have the meltdown because of corrupt deregulators like McCain and Disaster Architect, Phil my Wallet Gramm, but the right wants to "cut the mike" on that information...check this disgusting example!!

Fox host tells guest mentioning McCain role in Keating Five scandal to 'pipe down'Nick Juliano
Published: Thursday September 25, 2008
'Cut his mike,' producer suggests
The Keating Five scandal, and John McCain's role in it, has received relatively little mention in presidential campaign coverage, and at least one Fox News host seems dedicated to keeping it that way.

Appearing Thursday morning on Fox & Friends, radio host Mike Papantonio tried to remind viewers about McCain's central role in intervention with federal regulators on behalf of real estate mogul Charles Keating, who was trying to avoid regulations of a savings and loan he owned during the S&L crisis of the 1980s.

F&F's Steve Doocy told Papantonio to "pipe down," and demanded he "cut it out." A show producer could be overheard saying "cut his mike."

As Papantonio tries one last time to explain the details of the Keating Five scandal, Doocy again cuts him off.

the hillbilly said...

MOBILE, Ala. (AP) _ Former Arkansas Gov. Mike Huckabee said Thursday that Sen. John McCain made a "huge mistake" by even discussing canceling the presidential debate with Sen. Barack Obama.

Huckabee defeated McCain in the Alabama GOP primary in February.

Huckabee said Thursday in Mobile that the people need to hear both candidates. He said that's "far better than heading to Washington" to huddle with senators.

He said the candidates should level with the people about the financial crisis and say the "heart of this is greed."

Huckabee said the Arizona senator should not have put his campaign on hold to deal with the financial crisis on Wall Street. He said a president must be prepared to "deal with the unexpected."

"You can't just say, 'World stop for a moment. I'm going to cancel everything,'" Huckabee said.

Huckabee also was critical of President Bush's handling of the crisis.

He said to lay the $700 billion obligation on the nation "in 24 hours" amounts to "holding the country hostage."

"I just think the American people ought to be screaming their lungs out, saying to Congress, not so fast. That's our money you're giving away," Huckabee said.

He said the burden of the $700 billion relief package will fall on the next generation and those in their teens and 20s.

killer joe said...

Joe Scarborough,in discussing John McCain's counterproductive intervention in the delicate negotiaions, told MSNBC host David Gregory, "I would have stayed out of town, he over-thought himself."

"Stay the hell out of Washington D.C. while you're bailing out Wall St. tycoons," continued Scarborough. "It's simple."

plasma said...

But what do non-psychopathic liars think about McCain's stunt...and UTTER embarrassing CAPITULATION?

"It just proves his campaign is governed by tactics and not ideology," said REPUBLICAN CONSULTANT CRAIG SHIRLEY, who advised McCain earlier in this cycle. "In the end, he blinked and Obama did not. The 'steady hand in a storm' argument looks now to more favor Obama, not McCain." Shirley added, "My guess is that plasma units are rushing to the McCain campaign as we speak to replace the blood flowing there from the fights among the staff."

Kreps Neklo said...

Hmmm, an unsourced article by "Devils Tower" containing unsupported characterizations of evens in the past vs. a presentation which regularly cites the major national newspapers contemporaneous reporting of the events in context. Gee whiz, which one should I consider?

Since I started reading your commentary Ive been struck by the level of venom Lefties seem to reserve for one of their own who has left the plantation.

Whats particularly noteworthy of the comments preceding mine is how none of them attempts to refute the sequence of events in the video. Chances are none of them bothered to view it, and this is something you can become prepared to see because in dissecting this crisis its becoming apparent even to the unofficial PR flacks for Obama in the MSM that the GOP did try to correct this years ago and that the Democrats were guilty of at the very least bad judgement (probably more) SO rather than be diverted from their memes and their narrative, they will simply do as thse wingnuts have done which is ignore the subject and attempt to filibuster on tangents.

The funny thing is people like me in banking and mortgages remember Bushes and McCains attempts to rein in FNMA and FHLMCC years ago and thought they were crazy. Whoda thunk they had it right all along??

These are facts that no one has even tried to dispute. SO it must be time to change the subject huh?

looking stupider an stupider said...

Palin should step down, conservative commentator says

Palin was in New York City Thursday.
(CNN) – Prominent conservative columnist Kathleen Parker, an early supporter of Republican VP candidate Sarah Palin, said Friday recent interviews have shown the Alaska governor is "out of her league" and should leave the GOP presidential ticket for the good of the party.

The criticism in Parker's Friday column is the latest in a recent string of negative assessments toward the McCain-Palin candidacy from prominent conservatives.

It was fun while it lasted," Parker writes. "Palin’s recent interviews with Charles Gibson, Sean Hannity, and now Katie Couric have all revealed an attractive, earnest, confident candidate. Who is clearly out of her league."

Palin's interview with Couric drew criticism when the Alaska governor was unable to provide an example of when John McCain had pushed for more regulation of Wall Street during his Senate career. Palin also took heat for defending her foreign policy credentials by suggesting Russian leaders enter Alaska airspace when they come to America. Palin was also criticized last week for appearing not to know what the Bush Doctrine is during an interview with Charlie Gibson.

“If BS were currency, Palin could bail out Wall Street herself," Parker also writes. "If Palin were a man, we’d all be guffawing, just as we do every time Joe Biden tickles the back of his throat with his toes. But because she’s a woman — and the first ever on a Republican presidential ticket — we are reluctant to say what is painfully true."

Parker, who praised McCain's "keen judgment" for picking Palin earlier this month and wrote the Alaska governor is a "perfect storm of God, Mom and apple pie," now says Palin should step down from the ticket.

“Only Palin can save McCain, her party, and the country she loves," Parker writes. She can bow out for personal reasons, perhaps because she wants to spend more time with her newborn. No one would criticize a mother who puts her family first. Do it for your country."

Parker's comments follow those by prominent conservatives David Brooks, George Will, and David Frum who have all publicly questioned Palin's readiness to be vice president.

Anonymous said...

Devil's Tower's article was picked up and FEATURED by The Nation, peabrain.

Anonymous said...

Yeah, you lying dickhead...GOPs are famous for wanting to regulate corporations. The only thing you fools want to regulate is what goes on in people's private lives. And, EVERYBODY disputes the crap you put out.

Have you seen who the people OVERWHELMINGLY blame for this? Have you seen all the CONSERVATIVE publications coming around on this?

You're probably one of those morons who tries to tell people that the Democrats caused the LAST Great Depression.

Don't you fools ever get tired of being laughed at?

Kreps Neklo said...

Anonymous said: "Devil's Tower's article was picked up and FEATURED by The Nation, peabrain."

You're joking right? That constitutes legitimacy in your eyes? You don't want to toss in MoveOn or ThinkProgress for their balanced take on things while you're at it? Fuggetaboudit! The Nation run by Katrina Vanden Heuvel is reflexively anti-GOP regardless of the truth or factual history of events.

Predictably, no one has attempted to refute any of the facts of the video presentation. Just the usual Lefty boilerplate and ad hominem.

Anonymous said...

Everyone is reflexively anti-GOP now, fool. Or is that what you meant? That no one even bothers to refute asinine claims of GOP attempts to regulate the financial industry?

Predictably, no one has attempted to refute any of the facts in The Nation's presentation. Just the usual reicho boilerplate and ad hominem. there anything funnier than watching these morons suddenly become the regulation guys. What a pack of socialist tools they've been all along.

Who knew?

i reveal, u run and squeal said...

Princeton and Harvard Alumnus Eliot Spitzer Predicted the Economic Crisis, Tried to Stop It and Was Subsequently Removed From Office

In February 2008, Spitzer, who was still governor at the time, published an article in The Washington Post entitled “Predatory Lenders’ Partner in Crime: How the Bush Administration Stopped the States From Stepping In to Help Consumers.” In this article, Spitzer claimed that – for years – consumer protection agencies have been trying to curb the shady lending practices of many mortgage lenders.

Apparently, many banks were (are?) luring in unsuspecting consumers by “misrepresenting the terms of loans, making loans without regard to consumers' ability to repay, [and] making loans with deceptive "teaser" rates that later ballooned astronomically.” When Eliot “Ness” Spitzer and his band of freedom-fighting consumer rights advocates attempted to intervene, the Bush administration curbed their efforts.

From the article:

Predatory lending was widely understood to present a looming national crisis. This threat was so clear that as New York attorney general, I joined with colleagues in the other 49 states in attempting to fill the void left by the federal government… Several state legislatures, including New York's, enacted laws aimed at curbing such practices.

What did the Bush administration do in response?

[…] Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye.

As Americans presently find themselves in a national financial crisis, it appears Spitzer was on to something – something that could have possibly prevented the current economic downturn and exposed the corruption of the Bush administration.

But -- less than a month after the publication of his pseudo-expose, Spitzer found himself in the middle of a prostitution scandal that would ultimately lead to his removal from office.

Is it merely a coincidence? Perhaps, but the sequence of events, as well as the fact that the discovery of Spitzer’s involvement with the prostitution service Emperors Club VIP came from federal wiretapping, suggests otherwise.

Still, even if the tin foil brigade are reaching with their latest accusatory theory, it doesn’t make the conclusion to Spitzer’s article any less chilling, haunting or prophetic:

When history tells the story of the subprime lending crisis and recounts its devastating effects on the lives of so many innocent homeowners, the Bush administration will not be judged favorably. The tale is still unfolding, but when the dust settles, it will be judged as a willing accomplice to the lenders who went to any lengths in their quest for profits. So willing, in fact, that it used the power of the federal government in an unprecedented assault on state legislatures, as well as on state attorneys general and anyone else on the side of consumers.