McCain rips Obama on economy

Obama when you say it’s a difference in policy, why don’t you just say that you are a socialist, and McCain is a capitalist.
Obama the problem with you; is that you really believe in big government and big business.
The reason capitalism is the most efficient economic system, is due to the fact that it’s an adaptable distributed system. Centralized systems, like what you propose Obama are prone to cascade failures.
Just like the cascade failures that took out power in the North East a few years ago.
What we need is more small business, not more big business, and big government. While you and McCain are right in calling for government oversight, what needs to be done by government is set standards and develop investment incentives for small business investment, while reducing the cost of small business developing and producing innovative products. This is possible by creating something of a co-op for each particular industry, with shared labs and equipment. We as a country need to move towards fabrication labs, and move manufacturing from vertical large corporations, to distributed regional manufacturing companies, which produce a multitude of products based upon IP.

This approach will provide diversity much like living organisms and create a much more robust economy. This in turn will create more small businesses, and more jobs, which will lead to a higher standard of living for all Americans.
The government by creating standards and incentives through the tax code can provide both carrot and stick, and force the people who have monies to invest in small business by making it detrimental not to do so.
So Obama as usual you can fool some of the people but not all. America needs real solutions.

The gloves are off and we are seeing what looks like a real gutter brawl. Just when I think Obama get's a leg up, bam. The real-time poll at http://www.boppoll.com is going up. You be the judge. The economy is the issue. Who is going to come up with a way to fix it?

See, now we have to fact check McCain's allegations today, because the fact is it's very difficult to trust anything coming out of this man's mouth.

OOPS... a quick google search finds...

it's actually MCCAIN who missed that vote on the stimulus package... headline:

http://thinkprogress.org/2008/02/07/mccain-stimulus-2/

Feb 6,2008, Sen. John McCain (R-AZ) skipped the Senate’s vote on the economic stimulus package, which fell just one vote short of the 60 needed to end debate.

... and...

Its really weasel words for the candidate whose entire campaign consists of lobbyists to be saying anything about obama asking somebody knowledgeable to help pick a VP.

The Senator is just making it up as he goes along; all of a sudden the great deregulator and buddy of corporate lobbyists is a populist. Sure, we believe that, Senator McCain. Flip/flop.

It's unbelievable that McCain, who has run attack ads comparing Obama to Britney Spears and Paris Hilton, is now claiming that Obama is insulting him by criticizing McCain's cluelessness on the economy. McCain is demonstrating that he is the worst sort of hypocrite.

Barack Obama has received obscene amounts of contributions from individuals connected to Fannie Mae and Freddie Mac whil John McCain received almost nothing.

John McCain has called for increased regulation of Fannie Mae and Freddie Mac for years but this call was blocked by Represenative Barney Frank (D-Mass).

Why?

Frank was listening to their lobbyists and accepting their money.

Early this year McCain requested regulation of the hedge fund industry but the call was not heeded by those in the Senate who should of been looking out for the little guys. Senator Charles Schumer (D-NY) and Senator Chris Dodd (D-Conn) saw no reason for any regulation.

Why?

They listened to the lobbyists hired by the hedge fund industry and accepted their money.

Frank, Schumer and Dodd are part of the problem in Washington but Obama fails to see this.

More McSame - Didn't menion that his financial advisor Phil Gramm orchestrated the de-regulation legislation that led to this whole mess. McSame has been a De-regulator the whole time he's been in Washington, but now that the economy is in the tank - surprise!! He claims to want to install regulatory measures. How many lies will this man tell? Caryl Fiorina- another McSame advisor is the same Carly Fiorina who took a $42 million dollar golden parachute out of Hewlitt Packard - who just announced that they are cutting 24,000 jobs. These are the people McBush has surrounded himself with to bring into the White House?

Still sound like a Maverick? Or a snake-oil salesan?

McCain is an "expert" when it comes to bailing out rich bankers and screwing over middle class and poor people, he's been doing it for years.

*McCain -Founding Member of the Keating Five:

McCain was one of the "Keating Five," congressmen investigated on ethics charges for strenuously helping convicted racketeer Charles Keating after he gave them large campaign contributions and vacation trips.
Charles Keating was convicted of racketeering and fraud in both state and federal court after his Lincoln Savings & Loan collapsed, costing the taxpayers $3.4 billion. His convictions were overturned on technicalities; for example, the federal conviction was overturned because jurors had heard about his state conviction, and his state charges because Judge Lance Ito (yes, that judge) screwed up jury instructions. Neither court cleared him, and he faces new trials in both courts.)

Though he was not convicted of anything, McCain intervened on behalf of Charles Keating after Keating gave McCain at least $112,00 in contributions. In the mid-1980s, McCain made at least 9 trips on Keating's airplanes, and 3 of those were to Keating's luxurious retreat in the Bahamas. McCain's wife and father-in-law also were the largest investors (at $350,000) in a Keating shopping center; the Phoenix New Times called it a "sweetheart deal."

*McCain - Mafia Ties:

In 1995, McCain sent birthday regards, and regrets for not attending, to Joseph "Joe Bananas" Bonano, the head of the New York Bonano crime family, who had retired to Arizona. Another politician to send regrets was Governor Fife Symington, who has since been kicked out of office and convicted of 7 felonies relating to fraud and extortion.

MCCAIN/PALIN - LIARS!

http://www.realchange.org/mccain.htm

I hope the Greedy Oil Party isn't getting to comfortable with that small convention poll bounce that John McBush and Caribou Barbie got because that poll bounce is fading more and more every single day.

That's some interesting spin coming from ol' straight-talker Johnny McCain considering that he has voted with Bush over 90% of the time the last eight years and that McCain's economic advisor, Phil Gramm, was the biggest player out there in the deregulating of Wall Street.
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http://www.youtube.com/watch?v=yxXMFW1YsNQ
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When Sweeney says "anti-worker," he means "anti-Employee-Free Choice Act," which itself is anti-secret ballot elections by workers. American workers know aren't going to make former and current SEIU hacks (Sweeney and Stern) "dictators of the proletariat" no matter how much time and money the labor bosses pour into this election. Obama needs to get off that authoritarian bandwagon and assure workers that he will protect and defend their democratic right to vote in a secret-ballot election before any union becomes their "exclusive representative" by rejecting EFCA.

Yea, McCain - lets start talking about showing up to vote. When you did bother this year, it was 100% with Bush. Exactly what we don't need more of.

$52,000,000 in pay and compensation for Obama's economic advisor and VP vetter.

Former CEO of Fannie Mae.

You know, Freddie and Fannie..we are bailing them out with our tax money because they failed!

And these guys, former CEOs of Fannie Mae, Franklin Raines and Jim Johnson, are intimately involved with the economic policy of Obama and vetted the VP nominee.

This is what we can expect in an Obama administration.

And Obama is a hypocrite.

HEY MCCAIN!

NO ONE BELIEVES YOU ANYMORE, YOU'RE A LIAR AND YOU DON'T HAVE A LEG TO STAND ON!

THE VIDEOTAPE DOESN'T LIE, MCCAIN:
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http://www.youtube.com/watch?v=IH0xzsogzAk
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The part that worries me is that Obama's people do not engage in specific refutation. Their modus operandi is to attempt to dismiss people with generic forms of slander. I've never heard of this author, but the attempts to have him dismissed from the argument with generic slander cause me to want to know what they man has to say. Obama needs to come out and specifically refute Ayers and Wright in a manner that quells all talk of his relationship with them. His answer thus far, saying: "Ayers committed his acts when I was eight," and "I never heard Wright say those things when I was in the pew," are not cutting it for me. Someone needs to cut to the chase with Obama and ask: "Knowing what you know now...Why do you associate with them?"

Kimberly, pay attention. McCain is not talking like a capitalist, he's talking like a populist. Obama is no socialist. Your little elementary school essay is irrelevant. Think for yourself. Forget the cut and paste.

Not true, Zach. They aren't involved in his economic policy. Johnson left the campaign months ago.

It's pretty obvious who will be wearin' the pants in a Palin/McSimpson presidency; Palin will be in charge.
Job One; Getting everyone she agrees with 'raptured up'.

You are severely MISinformed and your connections a bit off --yet bold in passing on your Mac-stuff. Hmmm... who does that remind us of?

still not heaing any ideas from McSame.....just complaints now about his opponent. Quick - roll out Sarah Palin - the same person McSame advisor Carly Fiorina says "couldn't run a major corporation". Oops! Better get lobbyist campaign manager Rick Davis to get the lobbyist troops together to devise another diversion! How about McSame invented the Blackberry?

Yes, we need someone to run the economy who has 7 houses and whose wife wears $310,000 outfits...

The part that worries me is that Obama's people do not engage in specific refutation. Their modus operandi is to attempt to dismiss people with generic forms of slander. I've never heard of this author, but the attempts to have him dismissed from the argument with generic slander cause me to want to know what they man has to say.

Posted by: Rilaly | September 16, 2008 9:07 PM

Rilaly,

I know you intended this for the Obama supporters' attack on WGN, and I agree with you. If someone fears free speech, they generally have something to hide. If Ayers propelled Obama onto the political stage by getting him appointed Chairman of a Foundation grant he was awarded, let's hear why. Maybe it was perfectly legitimate. Let's hear how Obama performed in that role. Let's hear both sides of the argument, not allow bullying behavior to shut down and shut up inconvenient statements and speakers.

Posted by: Fight Speech with Speech; not Oppressive Swamping and Bullying | September 17, 2008 10:21 AM

Yeah, Not like the open book that Sarah Palin is. Obama could learn a thing from her. He should mimic her complete availablity to the media. She will answer any question from anyone at anytime. She's is cooperating completely with the investigation of "Troopergate" insisting that everyone involved answer all questions in the investigartion fully and freely. When one of her aides as Governor suggested that they conduct business by private e-mail rather than the State system so that the messages could not be used in any future investigation, did she agree? No, she fired that person immediately.

That's all true, isn't it? That's the standard the Republicans are setting, right?

I have voted for many more Replublicans than Democrats during the 50 years have been able to vote. Knowing that Phil Gramm and his gang of Republicans have pushed for the financial world to provide their own regulation which is proven to be a joke, it will be a cold day in you no where when I vote for a Republican in the next election.

It's funny Pelosi took McCain's advice yesterday and called for an independent investigation of the Wall Street financial mess. She also finally took McCain's advice on oil drilling. Obviously, McCain should be leading the nation... He plans to cut spending, and he has proven record of rejecting pork. Obama plans to give tax breaks to 95% of Americans - when ony 55% pay taxes. This means he wants to give more handouts of the middle class' money to the poor. That's not "change we can believe in" or "change we need."

"Yes, we need someone to run the economy who has 7 houses and whose wife wears $310,000 outfits...

Posted by: cta | September 17, 2008 6:38 AM"

You know? For the life of me I can't fault someone for having seven houses (even if the houses are owned by his wife) nor for wearing expensive clothes. As long as the money to get those things is theirs to do with and not gotten illegally, what does all that have to do with their ability to run the country?

Now, if you wanted to go after specifics like: "McCain is out of touch ... " THAT I could buy. And I get that your point is that the ownership of 7 houses and expensive outfits for the missus supposedly shows his being out of touch -- I just don't agree with it.

I wouldn't find fault with Obama (or Edwards or Gore or any other Dem) for having stuff; why should McCain be faulted for his possessions?

Let's remeber a couple of things-accurately. It was McCain's missed vote. It has been McCain's record to support deregulation and no regulation and to engage as his chief economic adviser Phil Gramm, who has supported no regulation of any industry I can think of, and whose wife was complicit, perhaps substantially responsible, for the conditions that allowed the Enron mess. McCain's conversion to concern for the middle class, or any other class below that of very wealthy or corporate, is late and does not deserve the favorable reporting it has received. He has not presented specifics that he believes would correct the conditions that created and sustain the current problems. Barack Obama has. Obama does have a record of calling this matter to the public attention well before the presidential camapigns while McCain has a record of ignoring it. It is not socialism to favor public protection from unscrupulous and destructive corporate practices, nor has unfettered capitalism been the norm in this country for at least a century.

Why is there little comment as to who deregulated the very industries that have created the financial dilemma e are currently in. It was the Clintons after White Water and choreogrpahed by the midget Rubens. Fannie Mae and Mack were essentially reborn and the derivitive markets sprung to life.
Thre of Clntons advisors went on to make 10's of millions off Fannie Mae including Johnson who was on the Obama VP selection committee. Check it out.
The changes were made through riders attached to spending Bills.