So, what was that you said McCain?

[ChasingBlueSky 0]

Another McCain lie:
http://thinkprogress.org/2008/09/29/mccain-phone
McCain: ‘It’s not my style to simply phone it in.
[QUOTE]
I know that many of you have noticed it’s not my style to simply phone it in. I’m a Teddy Roosevelt Republican. I believe our leaders belong in the arena — in the arena — when your country faces a challenge. Not on the road in a campaign[/QUOTE]

http://thecaucus.blogs.nytimes.com/2008/09/27/back-in-town-but-not-on-capitol-hill
Back in Town, but Not on Capitol Hill - The Caucus Blog - NYTimes.com
[QUOTE]
By mid-afternoon, Mr. McCain’s closest adviser, Mark Salter, told reporters that Mr. McCain would not go to Capitol Hill on Saturday but would make phone calls to try to push the deal along. “He’s calling members on both sides, talking to people in the administration, helping out as he can,’’ Mr. Salter said.

Asked why Mr. McCain did not go to Capitol Hill after coming back to Washington to help with negotiations, Mr. Salter replied that “he can effectively do what he needs to do by phone.’’[/QUOTE]

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you can burn the land and boil the sea, but you can't take the sky from me....
I WILL fly again.....

[ChasingBlueSky 0]

And more phoning it in:

Quote

A spokesman for John McCain said the Republican nominee plans to be in Washington and hopes he'll be able to vote, depending on the schedule.

The topic here is the bailout vote

_________________________________________
you can burn the land and boil the sea, but you can't take the sky from me....
I WILL fly again.....

[billvon 3,006]

>A spokesman for John McCain said the Republican nominee plans to be in
>Washington and hopes he'll be able to vote, depending on the schedule.

This is a great move on his part.

If the vote is going to be close, he skips it (or "attends to more urgent matters" or gets lost on the way or whatever.) That way, if it becomes a miserable failure, OR if it doesn't pass and the economy collapses, he can say he didn't vote for it (or against it.)

If the vote is clearly going one way or the other, he "votes his conscience." If the result is good and it matches his vote, he takes credit. If the result is poor, he can point out that his vote, coming so late, didn't matter.

[marks2065 0]

he did get the republicans involved and was in washington, more than we can say for Obama. Also he did not add pork to the bill like Obama tried to.

[ChasingBlueSky 0]

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he did get the republicans involved and was in washington, more than we can say for Obama. Also he did not add pork to the bill like Obama tried to.

No, McCain just asked for tax breaks to be added to the bill.

Quote

So what DID the House Republicans and John McCain add to the Bill?

Well, for two days they demanded additional tax cuts so that banks and other institutions could buy up the bad assets rather than the government. Of course, that meant that they would also benefit from any increase in value to those assets. What? John McCain and the House Republicans wanted to add tax cuts for profitable businesses to a bailout bill??? Shocking, I know. That was too greedy even for Hank Paulsen who is used to being surrounded by a high level of greed.

Finally, in an effort to get a deal done, Paulsen and the Democrats agreed to the final McCain/House Republicans additions to the bill. They agreed to let the McCain club devise a way for the private sector to profit without getting additional tax cuts in the process. In other words, they could profit only once, not twice.

The legislation creates authority for a federally backed insurance program that would make the so called "bad" mortgage-related securities, salable to the private sector. How? By making them a good deal for them and reducing risk, obviously. The compromise reached would require Paulson to "establish" such an insurance alternative, but he is not compelled to use the insurance option.

Oh, by the way, the McCain/House Republican additions to the bill also include $3 billion to help small community banks (not their mortgage holders or depositors) take a deduction for losses from their investments in Fannie Mae and Freddie Mac, since taken over the government this summer.

John McCain went back to Washington to save main street from Wall Street. The problem is, his "main street" ran through a pig's trough. Will he take credit for that?

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you can burn the land and boil the sea, but you can't take the sky from me....
I WILL fly again.....

[marks2065 0]

Quote

Quote

he did get the republicans involved and was in washington, more than we can say for Obama. Also he did not add pork to the bill like Obama tried to.

No, McCain just asked for tax breaks to be added to the bill.

Quote

So what DID the House Republicans and John McCain add to the Bill?

Well, for two days they demanded additional tax cuts so that banks and other institutions could buy up the bad assets rather than the government. Of course, that meant that they would also benefit from any increase in value to those assets. What? John McCain and the House Republicans wanted to add tax cuts for profitable businesses to a bailout bill??? Shocking, I know. That was too greedy even for Hank Paulsen who is used to being surrounded by a high level of greed.

Finally, in an effort to get a deal done, Paulsen and the Democrats agreed to the final McCain/House Republicans additions to the bill. They agreed to let the McCain club devise a way for the private sector to profit without getting additional tax cuts in the process. In other words, they could profit only once, not twice.

The legislation creates authority for a federally backed insurance program that would make the so called "bad" mortgage-related securities, salable to the private sector. How? By making them a good deal for them and reducing risk, obviously. The compromise reached would require Paulson to "establish" such an insurance alternative, but he is not compelled to use the insurance option.

Oh, by the way, the McCain/House Republican additions to the bill also include $3 billion to help small community banks (not their mortgage holders or depositors) take a deduction for losses from their investments in Fannie Mae and Freddie Mac, since taken over the government this summer.

John McCain went back to Washington to save main street from Wall Street. The problem is, his "main street" ran through a pig's trough. Will he take credit for that?

sounds better than what Obama added. he tried to direct funds to Acorn

[ChasingBlueSky 0]

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sounds better than what Obama added. he tried to direct funds to Acorn

So, just so I understand, you are perfectly fine with McCain giving the people that caused this crisis a way to significantly make a profit from it?

But maybe you are one of those conservatives that feel that ACORN was the root of our entire economy falling under because they helped urban citizens get loans? Isn't that what Rush has been spouting the last few days?

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you can burn the land and boil the sea, but you can't take the sky from me....
I WILL fly again.....

[marks2065 0]

Quote

Quote

sounds better than what Obama added. he tried to direct funds to Acorn

So, just so I understand, you are perfectly fine with McCain giving the people that caused this crisis a way to significantly make a profit from it?

i'm not fine with with the bailout period. but i like the McCain version alot better. I don't believe in giving money to PAC's, people that pay little or no tax, or to anyone company CEO that helped this problem grow.

[rushmc 23]

Quote

Quote

sounds better than what Obama added. he tried to direct funds to Acorn

So, just so I understand, you are perfectly fine with McCain giving the people that caused this crisis a way to significantly make a profit from it?

But maybe you are one of those conservatives that feel that ACORN was the root of our entire economy falling under because they helped urban citizens get loans? Isn't that what Rush has been spouting the last few days?

You prove here that you have no idea what and who caused this. I read these threads and I just shake my head.

Yes, greed is the main part of this this. It is who was greedy you purposely fail to see.

Unles this is fixed without massive gov intervention, this will happen again.

Johnson, Reines, Gorelic, Frank, Dod and Obama made the most money from all of this.

Reines cooked the books of Fannie May so he could get a 1.2M bonus. So Jamie could get a 750K bonus.


This is real dam sad and this is not a subjective conclusion. The info and quotes are there. You (and yours) just do not want to see it

By the way, ACORN was a big part of the lobby that got CRA put into place.

CRA and the gov forced lending institutions in to making loans they normally would not have. (Some, for greed would have but not to the level that caused this mess)

The Senate had the House pissed off big time today. Why? Cause they delayed their vote until later in the week to judge voter fallout. To protect their own asses in case the people do not want this bill (which they dont as calls are going in 99 to 1 against) but Dirty Harry says the people are not smart enough so we need to do this despite them.

So, play your blame games for political power but, if you care to look and read and listen on your own, you will find that Congres (even Bill Clinton said this this week) and the Dems, should have listened to the Repuplicans and him (Bill)and this may have been minimized or stopped. (did any of you hear his quote today? It has been on some "news" shows today)

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[ChasingBlueSky 0]

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Unles this is fixed without massive gov intervention, this will happen again.

Johnson, Reines, Gorelic, Frank, Dod and Obama made the most money from all of this.

It does need intervention, and it needs to be transparent to the public. It also needs to be rechecked and reevaluated often.

On that money making part, have you seen:

http://www.nytimes.com/2008/09/22/us/politics/22mccain.html?_r=1&adxnnl=1&oref=slogin&adxnnlx=1222707082-1XKK8s3CHQPVbleS7mNUlw

or this post:

http://www.dropzone.com/cgi-bin/forum/gforum.cgi?post=3344664;sb=post_latest_reply;so=ASC;forum_view=forum_view_collapsed;;page=unread#3344781

Then check out this
http://img215.imageshack.us/my.php?image=fanfedkn5.png

A significant portion Obama's funding listed as "from Fannie/Freddie people" comes from individual employees of Fannie/Freddie. This is unsurprising given the general liberal tendencies of NYC residents.

_________________________________________
you can burn the land and boil the sea, but you can't take the sky from me....
I WILL fly again.....

[kallend 2,027]

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Johnson, Reines, Gorelic, Frank, Dod and Obama made the most money from all of this.

Have you forgotten Rick Davis so soon? He raked in $millions and His lobbying company was making money from them up until a month ago.

He wrote in 2000: "You can say what you want about free-market distortions, but people like the system because it gets them into houses cheap."

And of course, he's McCain's manager now.

...

The only sure way to survive a canopy collision is not to have one.

[jcd11235 0]

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By the way, ACORN was a big part of the lobby that got CRA put into place.

CRA and the gov forced lending institutions in to making loans they normally would not have.

It's interesting that you keep bringing up the CRA as though it's a bad thing, in spite of the fact that evidence has been provided suggesting that properties with mortgages from CRA banks have been less likely to go through foreclosure than properties mortgaged through non-CRA lenders.

Why do I not find your position surprising?

Math tutoring available. Only $6! per hour! First lesson: Factorials!

[kallend 2,027]

Quote

Quote

By the way, ACORN was a big part of the lobby that got CRA put into place.

CRA and the gov forced lending institutions in to making loans they normally would not have.

It's interesting that you keep bringing up the CRA as though it's a bad thing, in spite of the fact that evidence has been provided suggesting that properties with mortgages from CRA banks have been less likely to go through foreclosure than properties mortgaged through non-CRA lenders.

Why do I not find your position surprising?

If he repeats it 3 times, he thinks it comes true. It's a GOP thing (see link below):

www.nytimes.com/2008/07/01/washington/01gitmo.html

...

The only sure way to survive a canopy collision is not to have one.

[rushmc 23]

Quote

Quote

By the way, ACORN was a big part of the lobby that got CRA put into place.

CRA and the gov forced lending institutions in to making loans they normally would not have.

It's interesting that you keep bringing up the CRA as though it's a bad thing, in spite of the fact that evidence has been provided suggesting that properties with mortgages from CRA banks have been less likely to go through foreclosure than properties mortgaged through non-CRA lenders.

Why do I not find your position surprising?

Nor I yours. Wealth transfer via government is the center of your socialist views

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln