The Economy - Government for Sale?

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White Warlock
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Post by White Warlock »

HATEFACE wrote:
Mulu wrote:
HATEFACE wrote:Sorry if I found your comment that "this is the worst economic disaster since the great depression."
That's how the media, and the federal government, are characterizing it. McCain called it the worst situation since WWII. So it's not really my comment, it's mainstream.
Mainstream doesn't necessarily mean truth.
In this case, it would be correct. But, then again, you probably wouldn't know this, as you were born ... what, yesterday?
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Post by HATEFACE »

White Warlock wrote:
HATEFACE wrote:
Mulu wrote:
HATEFACE wrote:Sorry if I found your comment that "this is the worst economic disaster since the great depression."
That's how the media, and the federal government, are characterizing it. McCain called it the worst situation since WWII. So it's not really my comment, it's mainstream.
Mainstream doesn't necessarily mean truth.
In this case, it would be correct. But, then again, you probably wouldn't know this, as you were born ... what, yesterday?
No but Obama was, and so were you apparently. Again, you.
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Post by White Warlock »

Great video noobletino.
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Post by Lusipher »

Btw the scuttlebutt around the net today says Biden drops out after Oct 2nd and will be replaced by Clinton as VP. Biden will say he has health issues. We shall see. I can see all this taking place since the day Obama and Bill had lunch in NYC.
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Post by NickD »

I can believe it. Especially if McCain gains ground from Obama refusing to suspend the campaigning.
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Post by NickD »

I'm amused by how McCain is acting like he is the president already. I don't know what it's like over there in America, but Bush is never in the news anymore. When the Republicans are making an announcement it comes from McCain, as if he is currently in charge.

Most amusing, and if it wasn't for the markets crashing it would have been a good move.
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Post by Fionn »

NickD wrote:I'm amused by how McCain is acting like he is the president already. I don't know what it's like over there in America, but Bush is never in the news anymore. When the Republicans are making an announcement it comes from McCain, as if he is currently in charge.

Most amusing, and if it wasn't for the markets crashing it would have been a good move.
As Colbert would say, any reference to President Bush is SUPER DEPRESSING.
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Post by Mulu »

I think Biden was a mistake, but I think he'll stay in the race.

I haven't seen any positive responses to McCain trying to suspend his campaign. He's probably just trying to save money. ;)

One more senator in D.C. isn't going to make or break the bail-out negotiations, even if that senator is McCain, though it is amusing that he thinks so. I doubt anyone else does.
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Post by NickD »

Mulu wrote:I haven't seen any positive responses to McCain trying to suspend his campaign. He's probably just trying to save money. ;)
It would appear that the way it's being sold is that McCain wants to work together for the betterment of all Americans in this time of crisis and Obama is saying "screw the greater good, I want to fight you instead".

And it may well work.
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Post by Lusipher »

I haven't seen any positive responses to McCain trying to suspend his campaign. He's probably just trying to save money.
He wants people to see that hes concerned.
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Post by White Warlock »

Lusipher wrote:Btw the scuttlebutt around the net today says Biden drops out after Oct 2nd and will be replaced by Clinton as VP. Biden will say he has health issues. We shall see. I can see all this taking place since the day Obama and Bill had lunch in NYC.
Extremely unlikely. One of the great arguments posed against McCain is that he grabbed Palin as a political move, putting the GOP ahead of Country. For Obama to do the same thing would only hurt his campaign and cause him to lose one of the greater arguments against McCain.
Lusipher wrote:
I haven't seen any positive responses to McCain trying to suspend his campaign. He's probably just trying to save money.
He wants people to see that hes concerned.
It's backfiring. McCain has already indicated he knows nothing about economy, so his "claim" of suspending his campaign and his request to delay the debates is merely, as you indicated, a ploy to give people the impression he's concerned. Problem is, if he was truly concerned, he would think about 40 days from now, when the next President is chosen to take office. If he was truly concerned, he would work harder to ensure he becomes President, instead of "taking a break." If he was truly concerned, he wouldn't try and delay the debates, because his message would be strong and his arguments sound.

In truth, delaying the debates gives less time for people to react to the results of said debates. Both Palin and McCain will be eaten alive in those debates. Both of them have weak stances and a history of hypocrisy in their actions, as well as their words. Both McCain and Palin are poor debaters, both Obama and Biden are strong debaters. The end result is pretty obvious... so giving as little room as possible for post-debate reviews is to the benefit of McCain/Palin.

As to suspending the campaign... yeah right. I agree with Mulu. He is low on funds and likely wants to save what's left for the end-sprint.
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Post by Mulu »

NickD wrote:It would appear that the way it's being sold is that McCain wants to work together for the betterment of all Americans in this time of crisis and Obama is saying "screw the greater good, I want to fight you instead".

And it may well work.
It hasn't so far. I might have worked if he wasn't trying to dodge the very first presidential debate of the election in the process. It ended up just making him look like he was afraid to face Obama during an economic crisis, a perception that I believe is accurate.
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Post by ç i p h é r »

Are you paying any attention to the facts surrounding this financial crisis?

Here's a 3 minute summary for you:

http://www.youtube.com/watch?v=VgctSIL8Lhs

Now I welcome a more comprehensive investigation (and I hope we hear more on the subject), but upon examination of the record, Democrats have significant culpability here, from pushing loans to low income earners, despite the risks, to the mismanagement of Fannie Mae, which triggered the failures of over exposed investment banks like Bear Stearns and Lehman Bros, to ignoring the warning signs and blocking subsequent reform attempts in Congress.

And speaking of fallacious arguments, neither Obama nor McCain are economists so clearly neither are experts on the economy. Both will have to rely on economic advisers to make policy decisions. McCain has admitted as much but so has Obama in interviews earlier this year.

Stop drinking the cool-aid. Look past the talking points.
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Post by NickD »

Mulu wrote:It hasn't so far. I might have worked if he wasn't trying to dodge the very first presidential debate of the election in the process. It ended up just making him look like he was afraid to face Obama during an economic crisis, a perception that I believe is accurate.
It only just happened yesterday. Give the polls some time! :shock:
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Post by ç i p h é r »

Mulu wrote:It ended up just making him look like he was afraid to face Obama during an economic crisis, a perception that I believe is accurate.
ROFL. Come on. McCain's the one that wanted MORE debates, Obama was satisfied with three. McCain has been asking Obama to join him in a series of townhall meetings (10 was it?), Obama refused to do even one.

Now I dunno if it was a political ploy, but I think it's just as likely that Obama doesn't want to postpone the debate because he's more than happy to have a big crisis overshadow the debate. If he performs poorly, it won't last long in the current news cycle. Because frankly, what other reason would there be to NOT postpone the debate a week? It's not something that has to happen tomorrow...or else. Hell, Obama would even have more prep time, which you'd think would be to his advantage.
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