McCain Blames Obama For Financial Crisis And...

Email Print posted by ihavenobias

09/19/2008 12:36:53 PM EST Google Technorati del.icio.us digg reddit

Wow, I can't believe my eyes and ears. In his speech earlier today, John McCain tried to directly (and harshly) tie Obama to the current financial meltdown.

But of course this was the perfect opportunity for Obama to lay the smack-down on Phil Gramm, the Keating Five/Savings & Loan Debacle, etc., right?!

Nope.

Obama's speech was all hugs and handshakes. You know, this isn't the time to score political points he said.

Oh sure, he vaguely mentioned that this disproves the ideology of deregulation (he didn't assign that ideology to any particular party, even though it's clearly *primarily* a Republican belief).

Now instead of the media discussing Phil Gramm, Keating Five and Conservative deregulation, they'll be asking if McCain was correct in saying that Obama is to blame for this mess.

(Sigh)
< AIG purchase "socialized medicine???" | Economy speech contrasts today >
 Display:
McCain Blames Obama For Financial Crisis And... | 15 comments (15 topical, 0 hidden)
I thought it was Obama's fault... (none / 0)
I mean, after all, He's black, isnt he?

Just Kidding (maybe)...

:)

by bobo1 on 09/19/2008 12:49:25 PM EST

What do you think? (none / 0)
From a political perspective I mean, should Obama have thrown some jabs? He gave his speech 2 hours after McCain.

A little while ago he *did* mock McCain's claim that Obama was somehow responsible. Basically, he said something like (paraphrase) 'it's funny that McCain says I have no experience, yet apparently I've been in Washington long enough to be responsible for this financial crisis. He's been in Washington 26 years..."

Etc.

by ihavenobias on 09/19/2008 01:08:57 PM EST

[ Parent ]
Palin and McCain are speaking now (none / 0)
and Palin just said (another paraphrase) "he points the finger to cast blame but has he ever lifted a finger to stop it?!"

Man, the Republicans ARE brazen. I guess they bank on the fact the majority of the country is comprised of low-info voters.

by ihavenobias on 09/19/2008 01:10:57 PM EST

[ Parent ]
He didn't? (none / 0)
He never lifted a finger to stop it? Regulation is the CORNERSTONE of the Democratic Party.

Basically, what she is saying is, "It's his fault that he didn't stop us (the GOP)."

This is beyond belief. So desperate. SO dishonest.  Reall y really bad people.

They can't possibly win.

by perdido619 on 09/19/2008 01:27:19 PM EST

[ Parent ]
Honestly, they can... (none / 0)
"They can't possibly win." -  perdido619

Oh yes, they can - dont ever tell yourself otherwise...

It is this attitude that allows Republicans to win. Even in these times...

:)

by bobo1 on 09/19/2008 01:41:12 PM EST

[ Parent ]
Sadly, that's true (none / 0)
But hopefully enough people see through it.

by ihavenobias on 09/19/2008 01:59:39 PM EST

[ Parent ]
Bobo the booboo (none / 0)
Oh puhlease!  grandpappy Mc$ame is a walking funeral. He lost the race the second the election went back to the issues.

Maybe if you actually lived in the real world and not in the comedian rush limbaughs fantasy web of lies  you would realize that.

by Chinese Democracy on 09/19/2008 03:17:13 PM EST

[ Parent ]
I think the point is (none / 0)

If I say about the financial crisis, "He points the finger to lay blame but he never lifted a finger to stop it."

Who, in this election, does that most apply to?

by ProfRich on 09/19/2008 02:14:42 PM EST

[ Parent ]
Which Party controls the Congress? (none / 0)
Which branch of the Government makes laws that regulate industry?

Where is that finger pointing, Rich?

Right at the Democrats since 2006...

This is what voting "Present" does when you serve on committees...

Although I understand what you are saying, she does have a small point...

:)

by bobo1 on 09/19/2008 02:21:42 PM EST

[ Parent ]
Logic 101 (none / 1)

Bobo thinks the subprime mortgage crisis, which had begun by the end of 2006, was caused by a group of people who were sworn in in January of 2007 and passed no legislation that could take effect until many months later.

The fact that bobo thinks the cause-effect relationship of all this is something under a maximum of 20 months or so is stupid enough, but come on!

by ProfRich on 09/19/2008 02:43:37 PM EST

[ Parent ]
Regulatory Agencies (none / 0)
SEC

by perdido619 on 09/19/2008 02:54:00 PM EST

[ Parent ]
Wrong (none / 0)
Dems have controlled the House of Representitves since 2006, not the Senate. And even those issues which Lieberman votes with the Dems, the GOP has been 100% obstructionist, breaking the record for most filibusters in any 2 years - in just 1 year. And all this after trying to propose "the nuclear option". Sons of Bitches.


Please do not try to make some kind of case that any of this is the responsibility of the Dems.

by perdido619 on 09/19/2008 02:52:14 PM EST

[ Parent ]
Keating 5 ring a bell bobo the wonder clown? (none / 0)

by Chinese Democracy on 09/19/2008 03:05:43 PM EST

[ Parent ]
Privatising Social Security (none / 0)
Jack Cafferty is the only person I’ve seen on TV so far to make this incredibly important point: If George Bush and John McCain had their way with privatizing Social Security, millions of seniors would be totally screwed right now.....

http://www.liveleak.com/vie w?i=a1d_1221837803

by The Iroquois on 09/19/2008 02:37:32 PM EST

I emailed that point to Cenk the other day (none / 0)
Apparently I wasn't the only one to think of it.

:)

by ihavenobias on 09/19/2008 06:37:15 PM EST

[ Parent ]
McCain Blames Obama For Financial Crisis And... | 15 comments (15 topical, 0 hidden)
 Display: