Dancing With Fire

McCain Broke It, Obama Will Fix It

Posted by: prehistoric rocket science on: September 17, 2008

One quick note to preface this post: While I am all-in when it comes to attacking a candidate for their words and deeds on the campaign trail, I will not permit personal attacks on this site. Mental health issues are quite real, and quite serious. Although I strenuously disagree with Sarah Palin ON THE ISSUES, my heart goes out to her and her family as she bravely struggles to battle depression. In the end, people are more important than politics.

Now, on to the economic depression, an issue on which John McCain has stumbled badly these past few days. With what’s happened to Bear Stearns, Fannie Mae and Freddie Mac, Lehman Brothers, Merrill Lynch, AIG and all the rest, John McCain, in his best Herbert Hoover impersonation, keeps repeating, “The fundamentals of our economy are strong.” While the jobless rate soars, the mortgage meltdown is approaching apocalyptic proportion, and the deficit has never been higher, John McCain has told his supporters that the first action he will take as Commander-in-Chief of the nation’s economy is to appoint a 9/11-type commission to study the problem.

Senator McCain, the problem is YOU! You and the rest of your I’m-against-any-and-all-types-of-regulation conservative republicans are the ones who brought this tragedy to the American people. To think that the people who “broke it” are the best ones to “fix it” is patently absurd. Good, decent folks all across the country can’t find work. Good, decent folks all across the country can’t pay their bills. Good, decent folks all across the country are losing their homes, their families, their respect and their dignity because YOUR economic philosophy was WRONG.

Instead of regurgitating the same tired “reformer” rhetoric, Senator, the country would be better served if you owned-up to your mistakes; and once and for all, apologized to the American people…

Now, if you’re reading this and still haven’t decided who is better prepared to pilot America out of the economic disaster we’re now in, please listen to what Obama said just yesterday:

11 Responses to "McCain Broke It, Obama Will Fix It"

I’ll dance with fire for a minute. I’m glad that, though you disagree with Palin, you haven’t resorted to personal attacks. It seems when one is in one particular party they bash the other pretty hard, especially personally.

I’d say the “fundamentals” of the economy maybe aren’t as “strong” as we’d like but they’re not as weak as some would make it sound. Unemployment, though up, is still not approaching historic highs. The consumer price index is down, interest rates are near all time lows, and the long term prospects are still good. The economy itself is not strong as it relates to the average Joe being able to buy cappucino, and all the bureaucrats, Democrats and Republicans, should be ashamed for their lack of legislative action and pork barrel spending. Isn’t it true that Obama himself asked for $1 Billion. He also hasn’t brought reform to his own state apparently (http://www.realclearpolitics.com/articles/2008/09/obama_sidesteps_reform_in_illi.html). That’s equally bad as Palin asking for money for her state, isn’t it? Still, she did bring documented reform to Alaska, at least some. Yet, where is the outrage?

But take the jobless rate that you mention as soaring. Factually speaking, while it’s increasing some, it is nowhere near as bad as it has been, though certainly it could worsen. For actual numbers and not just “soaring” type phrases, here’s some hard facts on the jobless rate: http://www.bls.gov/web/lauhsthl.htm.

Still, more people are finding themselves without a job, many rates have doubled, but I don’t think you can blame just Bush or even just Republicans. Many are to blame. There are definitely many Democrats who haven’t done much in Congress, including Obama, to right the ship. Where has Congress been on all of this economic stuff? McCain warned of Freddie and Fannie about 2 years ago and still nothing was done in Congress.

The Democrats had a “mandate” last election and nothing has changed. Randel is chief among the elite in Congress and he’s been holding out on America with all of his tax mess. There are certainly Republicans to blame and Bush deserves some too, as do we when we spend way beyond our means.

Still, I respect people for wanting someone, anyone, who will finally do what’s best for America. I think that’s what we’re all waiting for and wanting.

Just my two cents.

“But take the jobless rate that you mention as soaring. Factually speaking, while it’s increasing some, it is nowhere near as bad as it has been.”

So, things have to be BEYOND repair to hold the republicans accountable? Wow.

This is America, not a 3rd or 4th or 5th world nation. We should be doing MUCH better than we are doing. Bad republican management starting with DEREGULATION which Phil Gramm initiated and which McCain supported until YESTERDAY in his stump speech has caused these problems that are crashing down on us.

McCain has been in Washington for 26 years! But today in Michigan he says, reading from his index cards, “we’re going to help the American people”. He didn’t say how or when because he won’t. He’s been in Washington for 26 years and has passed not much legislation that helps Americans. What is he going to do now?

The democrats have had control in the Congress for two years. EVERY item that they’ve put to Bush has been vetoed – and the democrats are to blame? Ridiculous.

If someone is drowning and they are thrown a rope it doesn’t matter who throws the rope.

America is DROWNING, Obama is throwing a rope. America should grab it!

Cliff, I’m going to have to side with Paulette on this one. When you take a look at the economy as a whole, financial experts across the board agree that things are really, really bad. The fact that McCain proudly says he’ll whip out the veto-pen to fight the left only makes him more like Bush, who has vetoed everything the democrats have come up with since 2006.
Logic dictates Obama is the answer.

So the greed of Wall Street, Big Companies and individuals have nothing to do with the mess we’re in? It’s all the Republicans fault with no responsibilty on the part of the Democrats or the others? The economy isn’t necessarily faltering because of regulation/deregulation though they could do some things to help. I think the real problem is responsibility on all levels.

Where’s individual and corporate responsibility come in? Come on, give me a break. I understand how one might be attracted to Obama. But take my kids, they know what’s right or wrong and so does Wall Street, Companies and individuals. Sure the government didn’t help matters at all but it’s all been about people taking advantage of the situation, the laws, etc., to drive profits and get what they want with no foresight by Congress (Democrats and Republicans) and the President. And as much as Bush has vetoed, Democratic partisans have resisted anytime they could and blocked things as often as possible.

Americans are having a difficult time and Democrats, Republicans and the Presidents all have some responsiblity.

I have a really hard time seeing where Obama supporters and Democrats and Republicans can’t admit those things. I never have been a big fan of McCain’s either.

This is a completely different point. There’s enough blame to go around for everyone. Absolutely. Also, I would add that there is no “silver bullet” that will magically make everything okay again.
All this post was about was comparing and contrasting McCain and Obama on this issue. Strictly looking at it from the point of view of which one of these two people would you want handling this mess, I think it’s quite clear that Obama is the better choice.

Republicans don’t get to divorce themselves from their brand now that everything is in the shitter. The GOP mantra of an unfettered free market has come to its fruition and the fruits are rotten. The invisible hand has swiped vast numbers of pensions and stock in just the last week. Unchecked lending practices are costing people the roof over their head to the tune of about 7000+ foreclosures a day. We now know what an unfettered free market does; it destroys itself.

I saw a GOP Rep trying to pin the crisis on Democrats yesterday. What a joke. The Democratic Congress is castrated by Lieberman and the blue dogs. The Senate has not had an effective majority. The biggest change that’s come about because of the 2006 election is that Rumsfeld got fired.

McCain is completely ill-equipped to lead at a time like this.

When talking about the economy, especially Wall Street, it is interesting to see that today the market rallied over 400 points just on the news that taxpayers will be bailing out corporations yet again. This is corporate socialism. Our tax dollars are being used to bail out companies that used BAD business judgement. They deserve to fail.

I am a registered Independent that is currently leaning toward Obama only because McCain has demonstrated a complete lack of understanding to what is important to middle class Americans. He has run an attack campaign that has provided no real platform of actionable policies that he will promote to help the American middle class.

What concerns me most about McCain is his incredibly arrogant and belligerent attitude. This man appears, in my humble opinion, to be somewhat psychotic in his behavior. A trait that may be desirable in a bomber pilot but is quite lacking for the premier leadership position of this country.

The rest of the world is watching as many of them have invested heavily in our country in an effort to keep it afloat financially. Now they are loosing money and know that they can no longer prop up the US financially now that we are $10 trillion in debt. It is time to start tightening our belts and knuckling down to re-building this country with some tighter financial regulation.

The free market mantra hiding corporate socialism no longer works. I recently did a book review on David
Cay Johnston’s “Free Lunch” that explains just how badly the American taxpayer is getting screwed. I highly recommend reading this work as it explains things in layman terms. Link below:

http://currentera.com/FreeLunch.html

I just finished reading your review. When you put everything all together, what the GOP has been able to accomplish, from Nixon to the present, is mind-boggling.
They keep talking about Obama’s policies as “redistribution of wealth” – communism – when they have actually done it; by distributing everything to those with power and privilege.
America now has privatized wealth and socialized poverty. I think what we need is an anti-Reagan Revolution, but I’m not gonna hold my breath…

[...] their allies, since those are the people we’re working with and fighting against in the region; supported deregulation for twenty-six years in Congress and then changed his mind when the banks cra…; toured with cameras for Hurricane Gustav and ignored Hurricane Ike; let his friends, surrogates, [...]

This crisis was not caused by a lack of regulation. It was caused by fractional reserve banking policy. Please study this sort of thing, rather than repeat what some pundit or media outlet has fed you.

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