RE: Which presidential ticket do you trust more on economic issues?
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RE: Which presidential ticket do you trust more on econ... - 9/20/2008 8:29:17 PM
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csl7037
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quote:
ORIGINAL: cinnken I must give credit of my growing affection towards McCain to Obama. Yes, Obama has opened my eyes to the outstanding qualities and attributes of McCain, and for that I am grateful. LOL, this is what I've been saying. Obama is the best thing the McCain campaign has going lately! I'm liking cinnken more with every post. Welcome!
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RE: Which presidential ticket do you trust more on econ... - 9/20/2008 8:51:40 PM
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cinnken
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quote:
ORIGINAL: bzirk Cinnken, Much as I may agree with some of your opinions, you ought to get relady's name right. Also, Ann Richards said, "he was born with a silver foot in his mouth." That was the highlight of her political career by the way. LOL yes, it is "relady". My apologies - just into the race, I guess! Funny about the Ann Richards comment because I'm from the West Coast, but have an Aunt in TX that is a single woman and LOVED, I mean LOVED Ann Richards. My knowledge is a little sketchy but I just remembered she used the silver spoon comment alot, so I think of her immediately whenever I hear anything about the silver spoon! I guess it's alot funnier to say he was born with a silver foot than a spoon in his mouth. Thanks Berzerk (oh, I mean Bzirk)......
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RE: Which presidential ticket do you trust more on econ... - 9/20/2008 8:59:12 PM
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bzirk
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What I remember most from that particular speech by Richards is this: quote:
I was born during the Depression in a little community just outside Waco, and I grew up listening to Franklin Roosevelt on the radio. Well, it was back then that I came to understand the small truths and the hardships that bind neighbors together. Those were real people with real problems and they had real dreams about getting out of the Depression. I can remember summer nights when we’d put down what we called the Baptist pallet, and we listened to the grown-ups talk. I can still hear the sound of the dominoes clicking on the marble slab my daddy had found for a tabletop. I can still hear the laughter of the men telling jokes you weren’t supposed to hear -- talkin' about how big that old buck deer was, laughin' about mama puttin' Clorox in the well when the frog fell in. Actually, that speech was really well written and delivered. Too bad her political views were so messed up. BTW, you can read or listen to the whole speech here: http://www.americanrhetoric.com/speeches/annrichards1988dnc.htm Frankly, this one ought to be listened to. It doesn't have quite the same punch in written form -- although it's still good (from a writing standpoint). There are a lot of great speeches on this website. I use it regularly in my homeschool. Back to topic.
< Message edited by bzirk -- 9/20/2008 9:19:25 PM >
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may the God of hope fill you with all joy and peace in believing, so you will abound in hope by the power of the Holy Spirit. Romans 15:13 Great quote: I just ain't God and don't know it all. -- SonInMe1
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 10:06:40 AM
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ayani
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quote:
ORIGINAL: bzirk quote:
ORIGINAL: ayani Should the government protect private individuals and corporations from suffering the full loss of their poor decision? Should there be any government regulation of private enterprise.? There should be some regulation but how much is actually the issue. I tend toward a more libertarian view, but to be purely libertarian, which adopts a completely hands off (laissez faire) approach to the economy? No, that's not feasible. History bears that out. But oversight is one thing and running the thang is another. Sounds like we agree on that. Yes, you are quite right: oversight is very different from running things, although they are more different ends of a spectrum than a one-or-the-other type of thing. I think government has to 'oversee' private business to the extent required (and ONLY to the extent required) to insure that private enterprise is not harming the public good, or preferably is on the whole advancing the public good. But, it can't go way beyond that into actually running things. It should provide broad guidelines, and not get involved in the nitty-gritty of decision making. For example: its good for the government to tell banks what kind of debt/equity and lending ratios it can have. Its bad for the government to actually tell the bank what loans it can and can't make. quote:
ORIGINAL: bzirk quote:
ORIGINAL: ayani Are we going to honestly admit our error of allowing totally free markets in areas which we rely for the public good? As conservatives, are you willing to regulate the industries (banking, investment companies, insurance companies, money-market funds) that the public is going to bail-ouit? Or, is the goal just to hand these businesses and investors a wad of cash and walk away? Like most people, I'm at a total loss as to what's happenening, and whqat's going to happen from here, and what the intention is. Conservatives argued loudly against the taxpayers paying for the poor decisions of homowners who bought houses in risky markets, or with risky mortgages. I don't know what to think when the same folks are, in the matter of a week, thinking that the taxpayers should at least partially reimburse the issuers of those financial instruments for the poor decision they made. Not that we may have any choice, but I want to make sure this doesn't happen again. Or worse, we hand the banks and foreign investors $700Billion charged to the US credit card, and go back to business as usual. I have no idea where you're getting your characterization of 'conservatives,' but it does not square with what I've read extensively about and experienced in the last 50 years. I do agree that Bush and company are much more into big government than most conservatives I know. In fact, that makes him, er, not a conservative IMO -- at least far from a fiscal conservative. This is an old 'plaint of mine about Bush. His papa was the same way. I think I am fairly describing the viewpoint of modern American conservatism. They have fought hard to eliminate government intervention in private markets. A core tennet of modern American conservatism is that the government should no do anything that would limit people from maximizing their economic opportunity. Society does best when the strong are free to persue opportunity to the maximum degree. And, penalizing people who are creating wealth to help people who have been left behind (the poor, the sick, the elderly) is the cardinal sin of conservatism. Maybe this is what you call 'libertarian', rather than 'conservative'. I saw an interview recently with Mike Huckabee where he said exactly the same thing, and then said that the Republican party had been taxen over by Libertarians. (Maybe this would explain why he was savaged by many 'conservatives'). I guess the real concern is: what do we do going forward, in terms of business regulation? Is this a moment like the 1930's when we make some philosophical decision about what we're going to do going forward? If we're going to spend $700 + billion doing this (and leaving the bill to our kids), I think we absolutely have to.
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 10:23:14 AM
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SonInMe1
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mmmm..is this a trick question?
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You adulterous people, don't you know that friendship with the world is hatred toward God? Anyone who chooses to be a friend of the world becomes an enemy of God. James 4:4
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 10:26:41 AM
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ayani
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quote:
ORIGINAL: Dubya I think your hatred of conservatives is blinding you in this crisis. First of all, the actions of the government this week is BI-PARTISAN! READ THE NEWS! Secondly, I don't think you really understand the consequences of doing nothing. There is no doubt that the real causes of this needs to be investigated. The answer is not simply "poor management" becasue there was recent legislation which led to the mortgage crisis. Legislation which both political parties are responsible for. The fact is that the economy runs on credit. No business and no employer would not be hurt by a failure in the financial markets. This means average working people and poor people would suffer the worst if the government did nothing. Is that what you want? Honestly, the class warfare and hatred needs to end because the folks who will hurt the most are the ones least able to handle it. The government did the right thing. The experts are telling us the consequences of letting the free-markets play-out here could be very severe to ordinary Americans. The one thing that is comforting me here is that Pres. Bush picked some folks who seem to me to be very capable to run the treasury and federal reserve (unlike most of his other choices...). And, I have to trust what Paulson and Bernanke's expertise and judgement. And when they say this could be a real threat to every American, I'm going to give him them benefit of the doubt. So, I'm not saying we should do nothing. However, this is a major crisis and we need to make philosophical changes in what we're doing. It needs to be a turning point in how we regulate financial institutions. If major businesses can't be allowed to fail, and we use taxpayer money to make sure they don't, then those same taxpayers have a right to make sure those institutions aren't doing things that put them at a risk of failing. "Laissez faire" economics works as long as you can accept the consequences, and if you can't accept the consequences, you shouldn't have it. By the way, as many have said: this is not all Pres. Bush's fault. From what I understand, much of the conditions and problems that enabled this to happen were there when his administration started, or was outside his ability to control, or would have been politically impossible to control. So, its not a purely partisan issue, like you said. I'm just shocked that it isn't a partisan issue. I would expect congressional Democrats to throw gobs of money at the problem. I just didn't expect conservatives to do it.
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 10:28:06 AM
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bzirk
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I'm not sure I understand the question. Seriously. But as to the characterization of conservatives, it's certainly true that conservatives want to limit government and scale it back. Given our current situation, that hardly qualifies a conservative as a libertarian. If anything, conservatives have become democratic socialists in their thinking much more than they were 40 years ago. Look at the expansion of government by the Bush administration. But is there a faction in the Republican party that wants to change that? Yes, thankfully; otherwise that continual move toward more and more government control would go unchecked. What I find funny is that 20 years ago I wasn't considered a libertarian, but with the Republican party moving more left, I suddenly find I'm characterized that way. I haven't changed, the Republican party has changed. Anyone else feel like I do?
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may the God of hope fill you with all joy and peace in believing, so you will abound in hope by the power of the Holy Spirit. Romans 15:13 Great quote: I just ain't God and don't know it all. -- SonInMe1
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 10:39:38 AM
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SonInMe1
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I feel left out of the republican party and I blame two things. Bush, sr and jr, and Clinton. The Bush's because they perverted conservatism. Clinton becuase he made it politically acceptable to be a moderate. You might get elected by not offending many people but you sure can't lead...and the president needs to lead. Neither candidate are leaders.
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You adulterous people, don't you know that friendship with the world is hatred toward God? Anyone who chooses to be a friend of the world becomes an enemy of God. James 4:4
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 10:46:27 AM
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bzirk
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quote:
ORIGINAL: SonInMe1 I feel left out of the republican party and I blame two things. Bush, sr and jr, and Clinton. The Bush's because they perverted conservatism. Clinton becuase he made it politically acceptable to be a moderate. You might get elected by not offending many people but you sure can't lead...and the president needs to lead. Neither candidate are leaders. So right on.
_____________________________
may the God of hope fill you with all joy and peace in believing, so you will abound in hope by the power of the Holy Spirit. Romans 15:13 Great quote: I just ain't God and don't know it all. -- SonInMe1
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 3:03:14 PM
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AdrianaS
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ORIGINAL: raspberry331 Which presidential candidate do you trust more on economic issues? None! It seems that both candidates lacks the knowlegde, leadership and many things this country need at this hour and time in history. But there is no other choice, we will end up working with what we have in the end and the "winner"... I am sorry to say but many people have issues with some professions as lawyers, tax collectors and etc I do have a problem now with Presidency profession after the experience of having Mr.Bush double time and his disastrous legacy that keeps pilling up and up. May the Lord bless US with a good wise leader this time around. I sure still believe in miracles!
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 7:17:23 PM
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relady
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quote:
Do you dislike Gore and Kerry as well? Not a big fan of Kerry, although I held my nose & voted for him, but Gore wasn't raised with the proverbial silver spoon like Bush was. Seriously, how do you think a "C" student got into Yale? I know my son would not have had a chance at such a school with that grade point average. Daddy bought him in. So much for everyone has equal opportunity. Obviously, young Bush had some one up's. There are just so many things about him that I don't like that I could go on forever. But I think the fact that I disagree with his position on just about every issue is really enough.
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 7:24:53 PM
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relady
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quote:
Just because someone represents a company or organization's interests in the hall of Congress, or registers as a lobbyists doesn't prove they're exerting pressure or contributing inappropriately to campaigns. It was not a big secret that the most recent housing "bailout" bill was written so that the banks approved the language. If you think lobbyists don't have HUGE input into legislation that affects their industries, you are the naive one. quote:
Do you work/volunteer for the Obama campaign? Heavens, no. I would volunteer if I wasn't working all the time trying to make a living.
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 7:33:58 PM
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csl7037
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quote:
ORIGINAL: relady quote:
Just because someone represents a company or organization's interests in the hall of Congress, or registers as a lobbyists doesn't prove they're exerting pressure or contributing inappropriately to campaigns. It was not a big secret that the most recent housing "bailout" bill was written so that the banks approved the language. If you think lobbyists don't have HUGE input into legislation that affects their industries, you are the naive one. In a "past life" I drafted legislation. I was quite often faxed (in the old days) language to be included in a draft or amendment directly from a lobbyist, yes. Of course. That's not necessarily a bad thing. When we elect legislators who don't know enough or have enough backbone enough to be selective about whose language they put in a bill they sponsor, then it's our own fault for elected these bozo's. The problem with the banking legislation that's getting us in trouble now isn't who wrote or promoted the language, it's that those who voted for it either didn't have a clue or wanted to hide their heads in the sand. Lobbyists aren't evil. They're necessary, in fact.
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 8:40:37 PM
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Dubya
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ORIGINAL: relady but Gore wasn't raised with the proverbial silver spoon like Bush was. Where in the world did you get that idea???
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 8:57:06 PM
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LivingParadox
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Truth is that correcting something that should have never happened with the financial markets is a BI-PARTISAN resposibility -- created by all parties and if they tell you otherwise they are lying. Now as for as whose judgement I trust as president, which is purely speclative at this point as at earliest it will be Jan before either has much say so -- I trust John McCain to get the information needed, act decisely and more importantly has the ability to put partisan interest aside to do what the country needs.
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 9:48:41 PM
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Psalms274
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quote:
ORIGINAL: Dubya quote:
ORIGINAL: relady but Gore wasn't raised with the proverbial silver spoon like Bush was. Where in the world did you get that idea??? Um ... actually, I think it is safe to quote wikipedia on this one ... "Albert Gore, Jr. was born in Washington, D.C., to Albert Gore, Sr., a U.S. Representative (1939–1944, 1945–1953) and Senator (1953–1971) from Tennessee, and Pauline LaFon Gore, one of the first women to graduate from Vanderbilt University Law School."
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RE: Which presidential ticket do you trust more on econ... - 9/21/2008 9:51:37 PM
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Psalms274
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quote:
Truth is that correcting something that should have never happened with the financial markets is a BI-PARTISAN responsibility -- created by all parties and if they tell you otherwise they are lying. Very true ... the problem started 15 years ago and both parties have had an opportunity to put an end to it. To Bush's credit, he did attempt to make a plea to the congress to reform Fannie and Freddie back in '91 ... but w/ 911 let the matter get pushed to the back burner and we are now paying for it.
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I pray that you, being rooted and established in love, may have power, together with all the saints, to grasp how wide and long and high and deep is the love of Christ. < Linus w/ a friends baby! http://piswa.blogspot.com/
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RE: Which presidential ticket do you trust more on econ... - 9/22/2008 9:55:16 AM
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csl7037
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ORIGINAL: TaoPoohBear The sad thing is, 50% of America seem to want to continue doing business as usual with McCain as President; And after voting for him will they be the first to whine about their devalued 401K's? 50% of Americans (hopefully 51%) just know things actually could get worse and will if Obama is elected. A bad day a free Capitalist country is better than a good day in a Socialist one.
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RE: Which presidential ticket do you trust more on econ... - 9/22/2008 3:25:47 PM
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bzirk
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Over the weekend I read 6 years worth of NY Times articles about the Fannie Mae (and also Freddie Mac) problems. Raines is a crook. He makes Ken Lay look like a petty thief. But don't take my word for it. Read the articles for yourself. The recap is that about the time the ENRON scandal broke, it was discovered by the government that Fannie Mae had cheated on their financial statements. Raines was the CEO at the time. It took the feds about 2+ years to run him off. In the meantime, he made 10s of millions of dollars meeting financial targets with funny books (read that: falsified financial figures). Without getting into more of the gory details, suffice to say this guy is a shady character and so is Johnson who came before him. In 2002 the Bush administration was pushing for more oversight and wanted Raines gone and more transparent accounting. They did not get the cooperation from Congress that they needed due to lobbying. And where are Raines and Johnson today? Why advising Obama of course. In fact, Johnson headed his VP selection committee, and Raines is one of his chief advisers about how to deal with the housing mess. Now why did I read NY Times only? Because they are no friend to the Bush administration, and when they're talking about Bush calling for more oversight, you know they said it begrudgingly.
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may the God of hope fill you with all joy and peace in believing, so you will abound in hope by the power of the Holy Spirit. Romans 15:13 Great quote: I just ain't God and don't know it all. -- SonInMe1
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RE: Which presidential ticket do you trust more on econ... - 9/23/2008 2:31:22 AM
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jadab
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ORIGINAL: bzirk And where are Raines and Johnson today? Why advising Obama of course. In fact, Johnson headed his VP selection committee, and Raines is one of his chief advisers about how to deal with the housing mess. Now why did I read NY Times only? Because they are no friend to the Bush administration, and when they're talking about Bush calling for more oversight, you know they said it begrudgingly. What precludes you from checking your facts before you post them? Is there a bias that won't allow you to do research or are you intentionally spreading lies? FACT: Johnson is not advising the Obama campaign today as you so erroneously claim. Johnson remained on Obama’s committee for just a week. He resigned on June 11, amid allegations that Johnson received preferential treatment from Countrywide Financial Corp. Source: http://wire.factcheck.org/2008/09/18/freddie-fannie-and-barack/ FACT: Raines is not an Obama advisor either.Since this has now become a campaign issue, I asked Huslin to provide the exact circumstances of that passage. She said that she was chatting with Raines during the photo shoot, and asked "if he was engaged at all with the Democrats' quest for the White House. He said that he had gotten a couple of calls from the Obama campaign. I asked him about what, and he said, 'Oh, general housing, economy issues.' ('Not mortgage/foreclosure meltdown or Fannie-specific?' I asked, and he said 'no.')" By Raines's own account, he took a couple of calls from someone on the Obama campaign, and he or she had general discussions about economic issues. I have asked both Raines and the Obama people for more details on these calls. THE PINOCCHIO TEST The McCain campaign is clearly exaggerating wildly in attempting to depict Raines as a close adviser to Obama on "housing and mortgage policy." If we are to believe Raines, he did have a couple of telephone conversations with someone in the Obama campaign. But that hardly makes him an adviser to the candidate himself -- and certainly not in the way depicted in the McCain video release. Source: http://www.washingtonpost.com/wp-dyn/content/article/2008/09/19/AR2008091903604.html _______________ The bottom line is that you can hold any opinion that you want, but if you check the facts before you pass them on it can only be to your credit. Passing off false or disproved information as truth makes you look either too lazy to find the facts or just plain malicious.
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RE: Which presidential ticket do you trust more on econ... - 9/23/2008 6:21:02 AM
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csl7037
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quote:
ORIGINAL: jadab If we are to believe Raines, he did have a couple of telephone conversations with someone in the Obama campaign. And why would we do that? "Checking the facts" is a lot more than just finding a contradictory article.
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RE: Which presidential ticket do you trust more on econ... - 9/23/2008 7:30:17 AM
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bzirk
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quote:
ORIGINAL: jadab quote:
ORIGINAL: bzirk And where are Raines and Johnson today? Why advising Obama of course. In fact, Johnson headed his VP selection committee, and Raines is one of his chief advisers about how to deal with the housing mess. Now why did I read NY Times only? Because they are no friend to the Bush administration, and when they're talking about Bush calling for more oversight, you know they said it begrudgingly. What precludes you from checking your facts before you post them? Is there a bias that won't allow you to do research or are you intentionally spreading lies? FACT: Johnson is not advising the Obama campaign today as you so erroneously claim. Johnson remained on Obama’s committee for just a week. He resigned on June 11, amid allegations that Johnson received preferential treatment from Countrywide Financial Corp. Source: http://wire.factcheck.org/2008/09/18/freddie-fannie-and-barack/ FACT: Raines is not an Obama advisor either.Since this has now become a campaign issue, I asked Huslin to provide the exact circumstances of that passage. She said that she was chatting with Raines during the photo shoot, and asked "if he was engaged at all with the Democrats' quest for the White House. He said that he had gotten a couple of calls from the Obama campaign. I asked him about what, and he said, 'Oh, general housing, economy issues.' ('Not mortgage/foreclosure meltdown or Fannie-specific?' I asked, and he said 'no.')" By Raines's own account, he took a couple of calls from someone on the Obama campaign, and he or she had general discussions about economic issues. I have asked both Raines and the Obama people for more details on these calls. THE PINOCCHIO TEST The McCain campaign is clearly exaggerating wildly in attempting to depict Raines as a close adviser to Obama on "housing and mortgage policy." If we are to believe Raines, he did have a couple of telephone conversations with someone in the Obama campaign. But that hardly makes him an adviser to the candidate himself -- and certainly not in the way depicted in the McCain video release. Source: http://www.washingtonpost.com/wp-dyn/content/article/2008/09/19/AR2008091903604.html _______________ The bottom line is that you can hold any opinion that you want, but if you check the facts before you pass them on it can only be to your credit. Passing off false or disproved information as truth makes you look either too lazy to find the facts or just plain malicious. I have no problem doing my research, and I will continue to do it. But I do not appreciate being called a liar. As for Raines, he is a crook in the fashion of Ken Lay IMO. BTW, I'm still reading up on Raines and Johnson, and there needs to be a whole lot more written to highlight what has been going on at Fannie Mae and how these two guys, who are Democrats, are part of the problem Fannie Mae became, and that Fannie Mae is the crux of this problem we're experiencing on Wall Street. It's not enough to just point the finger at the Bush Administration. And just so it's clear, I'm not thrilled with the Republicans either. Just about all of these guys in Washington are in the back pocket of Wall Street. So I'm not excited about either candidate for president. But I'm voting for McCain because he's not as socialistic in his view of government as Obama. I do not want Obama's brand of government where the government would be expanded even more than the Republicans have done it.
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may the God of hope fill you with all joy and peace in believing, so you will abound in hope by the power of the Holy Spirit. Romans 15:13 Great quote: I just ain't God and don't know it all. -- SonInMe1
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RE: Which presidential ticket do you trust more on econ... - 9/23/2008 7:36:56 AM
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cog41
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In answer to the op, I trust McCain-Palin more than Obama-Biden. That's not saying much since I don't "trust" Obama-Biden at all. Except I trust they will raise my taxes,open the borders even more,weaken NATO, weaken our military, hang Israel out to dry,try to take our firearms,and force the liberal agenda down the throat of public schools,limit free speech on the airways, etc etc etc....
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Psalm 122:6 Pray for the peace of Jerusalem: "May they prosper who love you." Hook'em Horns! Roll Tide!
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