12 Comments

“If McCain had opposed the bailout, he would be ahead right now”

Now that’s cutting to the chase!

Excellent.

I fear that you are profoundly underestimating the potential catastrophe posed by the meltdown of the World Financial Sector.

But really I guess you could be as right here as anyone else since it appears to be a cluster**** of MONUMENTAL proportions. And everyone appears to be in desperation mode. EVERYWHERE.

I don’t see why the banks and investment houses requiring support due to their unbelievable stupidity, incompetence, and greed are not simply made an offer they can’t refuse. If the State has to provide then with dollar ONE, every asset they hold should automatically be transferred to the State and they should be wound up in their current corporate form. They get NOTHING personally. It should be merely a system fix, not a fix for them or their greedy shareholders.

Why indeed should the ‘average’ guy have to support these dregs who ALL partied like it was 1999 until the money ran out and now they are lined up at the soup kitchens wanting ALL THE SOUP.

But I heard two Nobel winning economists just today who said basically that the Banking System was effectively bankrupt due to the massive bleeding caused by the sub-prime disaster. An abundance of ‘paper’ assets but almost no cash on hand. That is a recipe for complete collapse as capital markets WILL dry up. So the State HAS I fear to do something to recapitalize the system or we all go down when it goes. And go it seemingly will

I have no intrinsic problem with the NEED for the bailout. S*** happens. I just want to see the financial ‘Masters Of The Universe’ punished and exiled to someplace they can’t do further harm. I think I am not alone. Seize their entities and fire the whole lot of them. Some guys dragged in kicking and screaming off the streets could hardly manage to do worse. How could they ?

But that does not mean that a soup-Nazi style no bailout for YOU is even possible. I wish it were. I really do. I just has me doubts.

This sucks. Too bad the ‘political class’ sucks just as much if not more.

This is not good. Not good at all.

John McCain is indeed not the perfect candidate. He is, though, the lesser of evils. Barack Obama is a very dangerous man. God help us if he gets into the White House. The odds are that he will do enormous damage. John McCain may “deserve to lose”—but the country does not deserve to lose! Obama is, after all, something of a secular “Anti-Christ.” One merely needs to look at his past. Obama is similar to the individual with a long police record. He is not a pig in a poke. The first thing he will do if elected is to destroy our First Amendment rights.

Yes, he is dangerous. You need to Google Saul Alinsky who, though dead since 1972, has influenced Obama the most. Forget Ayers. Concentrate on the left of left marxist who founded the community organizer concept.
Alinsky’s writings and philosophy for a new economic society as laid out in “Rules for Radicals” are the planks for Obama’s goals. Alinsky encouraged hiding the truth (i.e.justified lying) in order “to hide their true goals by any means.” Obama is very sneaky about parts of his past and present.
Below is a letter from Alinsky’s son, published in the Boston Globe on 31 Aug. After you read it, I urge you to Google Saul Alinsky and Saul Alinsky socialist.

• Son sees father’s handiwork in convention
Barack Obama’s training in Chicago by the great community organizers is showing its effectiveness. It is an amazingly powerful format, and the method of my late father always works to get the message out and get the supporters on board. When executed meticulously and thoughtfully, it is a powerful strategy for initiating change and making it really happen. Obama learned his lesson well.

I am proud to see that my father’s model for organizing is being applied successfully beyond local community organizing to affect the Democratic campaign in 2008. It is a fine tribute to Saul Alinsky as we approach his 100th birthday.

L. DAVID ALINSKY
Medfield

plus, from another website:

“After college Obama moved to Chicago to be part of the Jerry Kellman organization as a community organizer. [Kellman was a Saul Alinsky protege.] Among the primary goals of Alinsky was radical socialism and redistribution of wealth. Alinsky taught his proteges to “HIDE” their true goals by any means necessary. Lying was fine. The objective of Alinsky and Kellman was to turn people against the white establishment.”

A little historical revisionism? Crocket was the Congressman not Boone. Hard to tell them apart with the coon skin cap.

If McCain had floated this mortgage plan as an alternative to the Paulson Plan when he suspended his campaign he could have positioned both Bush and the Democrats on the side of bailing out Wall Street and ran against both. That would have been a Maverick move. It would have been fun to see Obama trying to explain his Fannie/Freddie connections then.

The political psychology of the times probably requires some bailout take place (the DO SOMETHING…ANYTHING mentality takes over) even though much bad policy is made in haste and the markets haven’t exactly been resounding in their support for the result.

Instead, McCain fumbled away the opportunity and failed even to engage in the debate for nearly two weeks. Just flat stupid.

Its time to admit that Obama is winning this election more than McCain is losing it. I know this is a conservative site but give the man some credit. He has only And don’t give me some of this bs about Obama being an affirmative action candidate, Democrats know how serious the world is they are not going to vote for a novelty. So give him some credit and if you can’t please offer up one republican who could have beat out Hillary in a primary or election. I thought so.

Amazing, even with the media onslaught, that McCain is so close yet isn’t it? Do you really think if McCain had not voted for the bailout he would be leading in this election? The media would have skewered him day in and day out. Because Obama also voted for it. Do you think the media would not point out that fact, over and over and over, and how much superior Obama’s judgment is? He would be down by 15 points or more by now. The media rules, McSame, not Obama. You are voting for someone you know nothing about, so your get no credit. No thought, no credit. Sorry. It is incredible to see the masses taken in like this.

Correcton: …if McCain had voted “no” on the bailout”

McSame, the fact is that this should be a cakewalk for a democratic candidate. You should have been able to put a shaved chimp and he’d win. Unpopular war, unpopular president of opposite party, crashing stock market, repossessions up, house prices down, doom and gloom on every page. Exactly what confluence of planets do you need?

beerstine, well said.

McCain has blown it. In reality, when getting down to the short strokes, he is a very moderate big government person. He should have stood his ground and voted against the bail out simply on the grounds of “Earmarks”. He previously stated he would veto bills with ear marks if President. What does he do, pushes through the bail out that is loaded with fluff for all. As Gelnn Beck said at that point, McCain has lost the election. Afraid it is so. Not that I even remotely like McCain, but Obama is going to do a number on us tax payers.

For those for believe he is going to take care of the middle class I have some water front property in Florida I would like to sell you. It is a better bet than Obama doing anything but raising taxes on the mass. Just wait an see. Those who vote for him will deserve what they get. The rest of us, its wait four more years. Then hopefull the Republican (if they are still a party) should be able to field a candidate with true conservative beliefs, someone who is not a worn out old white haired guy that seeming only has a partical grasp on what is transpiring in the real world.

WHAT A MESS.

Bailout? Lehman Brothers, gone. Bear Stearns, gone. Wachovia, gone.

Would that the Democrat Party receive such a “bailout.”