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No bailout deal after McCain, Obama, Bush meeting

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Okay the meetings are over with today. If John McCain was presidential material he'd be working on his debate in his off time.

But he may have a meeting with Exxon. I hear he's promising more tax cuts for them. < :-)

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No one else spoke....

This sounds more like a memorandum and less like a meeting.

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"no agreement"

I didn't expect there would be.

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"If John McCain was presidential material he'd be working on his debate in his off time"

McCain doesn't need to work on his debate. He's been ready since the get-go. Obama's the one who needs more preparation. I estimate he needs about 10 years.

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Bail out hand outs should be debated , handled by next president, president mccain or president obama and their administrations.

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The Democrats are trying to spoil this deal so the US economy goes down the tubes. They can the blame Bush and McCain and try to steal the election under false pretences.

Their methods are ver underhand and deceitfull.

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There's a great irony here in Wall Street's meltdown; it has caused the culture wars to recede. Both those on the Left and Right are opposed to this bail-out, officially referred to by the White House as a "rescue plan."

On the Right, people feel it violates the principle of a free markets where firms which make bad decisions are allowed to fail. On the Left, it's another example of corporate welfare.

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So is McCain going to attend the debate, or is he still going to claim he's busy rescuing the world, Palin & shotgun in tow?

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Bush only wanted to show these two Presidential Nominees that a real President actually does work and not just show-boat.

-When you are President you are expected to fix stuff and not just complain about it. Hopefully some of the President's ultimate wisdom rubs off on these two.

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Badsey - Hopefully some of the President's ultimate wisdom rubs off on these two.

Please don't doom anybody to the wisdom of george bush. That's like kicking the runner in the leg before the race starts.

But I understand there was some sort of an agreement between the republicans and democrats at the meeting, then Rep John Boehner threw some monkey wrench in the works.

Let's see who goes home tomorrow evening and doesn't continue the work on this bill next week. < :-)

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sarge: "McCain doesn't need to work on his debate. He's been ready since the get-go. Obama's the one who needs more preparation. I estimate he needs about 10 years."

And yet your dear McCain, who is trying to be unlike bush (so whom are you supporting, sargie? I mean, you can't support bush in general as well as a man who has clearly stated he is against bush government policies!), has begged Obama to delay the debate. Clearly, being 'ready from the get-go' in McCain's case is completely untrue; he needs more time to try and buouy his failing campaign.

Meanwhile, even the GOP and Republicans in general are questioning what McCain can actually do at the White House during this whole Bush-led fiasco.

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Wall Street showed its pleasure

All lawmakers are returning to home districts packed with constituents angry that they are being asked to foot the bill to bail out Wall Street’s rich guys when they and their neighbors are suffering the effects of ballooning mortgages and tightening credit.

Heaven forbid a rich guy should mortgage his mansion or raid his own bank account for anything but a new yacht!

I am glad to hear that people are no longer willing to give the rich a free pass in the vain belief they find solutions. Fact is, they will take your home to cover loans they never should have made to someone else!

I do not think we should be talking about government funds until the personal assets of the rich who flopped have been proffered. When that is done, then we can talk about the balance.

I would rather have rich people busted down to a suburbian home, then suburbanites living on the street. It is obvious what people on Wall Street want. Let them suffer a two bedroom home for once in their fat lives.

--Cirroc

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On CNN tonight, an insider to the White House meeting described McCain as being totally uninvolved. When the meeting started, and President Bush asked the Democratic representatives (Harry Reid and Nancy Pelosi) to present their case, Reid and Pelosi deferred to Barack Obama. It was reported that Obama presented the points smoothly and professionally.

When it was the Republicans' turn (Dems went first because they lead the Senate and House), John McCain deferred to others in his party, before disappearing into the wallpaper. It got so bad that, at one point, even Barack was trying to get him to speak up.

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If this is true - John McCain deferred to others in his party, before disappearing into the wallpaper. It got so bad that, at one point, even Barack was trying to get him to speak up.

I'm not surprised at all. < :-)

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I don't know why John 'economics isn't my strong point' McCain suddenly thinks he's the only one who can save America.

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Meanwhile, it was announced this evening that the US government just made the largest bank seizure in its history by taking over Washington Mutual.

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smith - "bush-led fiasco"

Sure, smith, keep trying to blame President Bush for something the Democrats are mainly responsible for.

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Most people who gamble don't win.

That's the fundamental reason the gaming industry does so well and the players ultimately get hosed.

Gambling by any other name...

USAR

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The White House timed the extraordinary meeting to fit candidates’ schedules" You've got to be kidding me. timed to fit the "candidates" schedules? They are still getting paid to be sens.

selfish, selfish.

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Well, the poop hit the fan today. The thousands of emails clogging up the representatives pipes and people dumping junk on Wall street have scared the elected representatives more than Bush. Any republican that votes for the bailout will have a hard time getting re-elected for because they interfered in the free market and any democrat that votes for it will have a hard time getting re-elected for providing corporate welfare.

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If I were in charge, I would just ask the CEO's of the companies that are on the verge to put up a small percentage of their bonuses and property just like the rest of us. If they were to give probably 1% of their income (far less than the 20% requried by us "unwashed masses") of the $700 billion plan, which would be about 7 billion of which I am sure all of them together can afford then I would say let them take the bailout loan just like they did the rest of the public. Only after the principle and interest have been paid back, then should they be allowed to get their bonuses back. Hey, it is how the rest of the real world is suposed to operate, why can't they?

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sarge: "Sure, smith, keep trying to blame President Bush for something the Democrats are mainly responsible for."

I will keep blaming him, as he IS responsible! Even if the wheels were in motion long ago, bush had every opportunity at his disposal to apply the brakes. Instead, he helps out the rich (tax cuts and protection for bad loans), goes to war and saddles your government with TRILLIONS in debt, etc. etc. Sorry bud, but it's all on YOUR beloved president's dime, bottom line, and he had every chance to avoid it.

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yabits at 11:15 AM JST - 26th September

On CNN tonight, an insider to the White House meeting described McCain as being totally uninvolved. When the meeting started, and President Bush asked the Democratic representatives (Harry Reid and Nancy Pelosi) to present their case, Reid and Pelosi deferred to Barack Obama. It was reported that Obama presented the points smoothly and professionally.

When it was the Republicans' turn (Dems went first because they lead the Senate and House), John McCain deferred to others in his party, before disappearing into the wallpaper. It got so bad that, at one point, even Barack was trying to get him to speak up.

Strange CNN had nothing like this on its page, or its program list or anything else.. Please provide us a link to this report...

Ill wait for your link...

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Meanwhile, it was announced this evening that the US government just made the largest bank seizure in its history by taking over Washington Mutual.

That's my bank!

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Smith, if Clinton had applied the breaks you could fixate on some other Bush issue instead of this one.

Everything's gonna be OK. This is all gonna blow over just like all the other US financial "crises" foreigners love to delight in.

USAR

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There was some fear that McCain was going to swoop in and take credit for brokering a deal. Sure doesn't sound like that's going to happen according to the NYT's:

At the bipartisan White House meeting that Mr. McCain had called for a day earlier, he sat silently for more than 40 minutes, more observer than leader, and then offered only a vague sense of where he stood, said people in the meeting.

Plus, I don't know that Congressional Republicans, and they are the hold outs, will accept his leadership (assuming he showed any that is).

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OXFORD, MS—Amid discussions of possibly postponing the debate altogether, Sens. Barack Obama (D-IL) and John McCain (R-AZ) were able to agree Thursday on a new guideline that would allow each candidate one 15-second strangulation during Friday night's presidential debate. "Both candidates will receive two minutes to answer each question, five minutes for discussion, and a one-time-only option to walk over to their opponent's podium and cut off his oxygen supply for up to 15 seconds," a statement from the Commission on Presidential Debates read in part, also specifying that debate moderator Jim Lehrer can exercise his own discretion in determining whether or not the strangulations go over time. "After being choked, the candidate, if still standing, may counter with one of his two allotted empty beer bottles to the head." Because many have agreed the new rule will benefit McCain, the commission has also allotted Obama an optional double-thumbed eye gouge.

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I will keep blaming him, as he IS responsible!" smitty, respectfully, this problem has roots going back as far as almost 30 years ago. Most upper echelon politicians in DC (and not in state) who were able to do something back didn't and as usual, the media pumped up other issues. He is responsible for the mess at current, for not stopping it, fixing it, but then again, you even said it yourself that the guy is dumb, so he can only know what he is being told. Mess this is, but this mess has been good to me.

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If this is true - John McCain deferred to others in his party, before disappearing into the wallpaper. It got so bad that, at one point, even Barack was trying to get him to speak up.

I'm not surprised at all. < :-)

Neither am I. The man has admitted that economics is not his strong point. If he didn't defer to others you guys would criticize him for that instead. Please stop acting like Republicans and give a man a break. We all have weaknesses and McCain did exactly what he should do; choose those he feels knows best and defer to them. In fact, it is a vital ability in any president. Rightright? Rightright.

--Cirroc

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This is all gonna blow over just like all the other US financial "crises" foreigners love to delight in.

Nope. Not this time. The real problem has been with us for years. I have probably witnessed more foreclosures than any other poster here, and that in two short years doing work for people who have made a business of foreclosure. My job was on the site, so I got to see it up close and personal. People often do not have the time or even a place to put their belongings. Furniture left behind. Clothes. The worst is seeing the children's and baby's stuff. That is when you know a whole family has just been shafted.

Its only getting worse. But thank goodness Bush is going to ensure nobody calling the shots on Wall Street has to leave their multi-million dollar mansion. Anything but that!

--Cirroc

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Nippon, groin-kickin' shouldn't be allowed since Obama lost one teste when he was leadin' his platoon in a night-time firefight in the First Gulf War.

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mcain's getting hammered for this one - even by GOPpers who think he interfered.

Actually, mccain didn't interfere. All he did was make a gradiose 'I'm going to Washinton to help fix this crisis!!' statement, then he went to Washington and didn't attend any meeting at all that were related to trying to avert the issue.

Oh, but he met with the president and they yabbered about stuff.

My question is: why did john mccain go to Washington when it was so obviously for grandstanding, a political stunt??

Purely political.

What a joke.

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We've got a lot of folks who don't pay taxes screaming, "Hey you're not going to stick the bill on me!" And there's the guy saying, "We can't have the tax payer foot the bill" while he's missing the fact that the money will all be returned with interest. No such thing as "free bail". Remember Chrysler? Wooh... the treasury department made out like a bandit when Ioccoca paid it back. McCain needs to be honest for a change and simply say I don't understand it - the crisis and its implications, the whole bail out system, the market control theory... afterall I'm an ex-fighter pilot.

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Hilarious Nippon5! That would make a great episode of "Celebrity Deathmatch".

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Sushi, one thing we know is that it wasn't because McCain was afraid to face Obama in a debate.

I think answering questions put to him spontaneously is one of Obama's biggest nightmares, the other bein' folks wakin' up to the reality that the emperor (messiah?) has no clothes.

Might be a fun couple of nights.

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USARonin - it sure will be a fun couple of nights.

Big question is whether mccain is going to have the guts to show up at the debate in Mississippi tonight.

Or is he just going to run scared? He knows Obama will hammer him.

Ditto for Palin vs. Biden.

Have you seen this? Unreal. -

http://news.yahoo.com/story//ap/20080926/ap_on_el_pr/palin

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Sushi, is that the one where Biden addresses a guy in a wheelchair and asks him to "Please stand up," or is that the one where Biden talks about all of America glued to their TVs in "1929" to keep up with the Wall Street crash?

Yes, that was funny... Well, in all good taste, I shouldn't say it was funny for the poor man in the wheelchair. That was very uncomfortable for everyone except, apparantly, Biden.

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The man has admitted that economics is not his strong point." And many, many across the board politicians should come out and say that as well. I posted yesterday, but many politicians couldn't and still can't balance their own money..

Besides, hardly of us voters ever seem to want that "economic guru" type anyway. We had a chance years ago, but not now. We are stuck with either McCain or Obama, neither one being overly bright economically. All you are gonna hear is dems saying that the repub plan won't work and vice versa

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skipthesong; put your faith in the guy with years of experience, he sure knows what bis best for the US.

Obama has little experience, and his patriotism isopen to debate.

I suggest all moderate voters vote for McCain, to make the bailout work.

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put your faith in the guy with years of experience, he sure knows what bis best for the US.

You must be talking about Obama. He has years of experience in both state and federal government.

But I warn you: having experience and knowing what is best are two different things.

his patriotism isopen to debate.

Everyone's patriotism is open to debate, including John McCain's. Even those who were clearly patriots in the past can change.

There are those who might say that I am not a patriot because I often speak against the U.S. government. But I consider myself patriotic in that I put American principles, such as those in the Bill of Rights, and American style truth and fairness before the country, any American individual or group, and most especially before the government.

However, you have no good reason to doubt Obama's patriotism so casually or easily. You are only proving that patriotism is the last refuge of the scoundrel by questioning another's from a high horse.

--Cirroc

Moderator: Please refrain from using sign-off names.

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Obama lacks the competence to deal with the economy. Iread somewhere taht he is against tax cuts for us hard wroking folks, and wants to give handouts to the poor and workshy. Not teh type of gut to trust with hundreds of billions of Dollars.

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I wouldn't trust either of them . It's all down to what their advisors say anyhow. Mr Obama looks very nervous though, i think the job of president may be too much for him to handle.

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Thule, there's also some connection between Obama and a whole boatload of money he made out of these poor risk loans that were made.

Maybe someone knows more.

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CavemanLawyer- military guys will not vote for the man who will cut military spending, leaving troops more vunerable to attack.

Obama has limited experience in government, and does not understand the intricate ways the economy must be dealt with.

McCain has shown by wanting this bailout to work, taht he has the best interest of all Americans at heart. He will ensure all our citizens including the military will ebefit from this bailout and the growth taht will follow.

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Iread somewhere taht he is against tax cuts for us hard wroking folks, and wants to give handouts to the poor and workshy.

The poor and work shy? Could you give a rough percentage of how many Americans we are talking about?

And you are questioning the patriotism of others!

Why shouldn't the poor get some tax cuts? They are the ones who can least afford to part with even one dollar. And some are just children who won't be hired even if they want to work. You would deny them a few extra dollars, dollars they earned,but favor tax cuts for a man who could lose 99 percent of wealth tomorrow and still live better than them?

I am going to take a guess here: GWB and his family and their dynasty are personal heroes of yours. Yes?

And a small newsflash for you: Ownership is 9/10 of the law and so is wealth. Most rich people are rich not because of hard work, but simply because they own the means of producing it. Their grip gets tighter every year, and upward mobility slows along with it. Hard work is rewarded less and less. Meanwhile, CEOs who do not do much take home salaries sometimes 100s of times more than floor workers. Do you why floor workers get the word "worker" in their title? I will give you a hint: It has to do with work.

--Cirroc

Moderator: Please refrain from using sign-off names.

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CavemanLawyer- Tye bailout should enrich mostly ahrdworking fold. The poor are poor through lack of effort, pure and simple.

McCain understands , like Bush, that hardworking folks get the financial rewards they deserve.

Obama would use the bailout money, to give to the work shy to squander. hardworking folks will pump money back into the economy, and help ensure economic growth. That is the method McCain is following, and is why we are the richest nation on earth.

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boston.com is an unreliable liberal source.

McCain is supported by military and patriotic folks. Obama only has support of the kind of folks who believe Jon Stewart is funny.

The bailout will ensure our economy immedialty bounces back, and hard working Americans will have extra Dollars in their pockets.

McCain understands, if you want more money , work for it, don't expect handouts.

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Obama has introduced and supported several measures that improve the life and safety of active duty deployed troops and veterans. McCain's poor voting record on military related and veteran related issues is in contrast to his reputation. Veterans organizations who rate the voting records give Obama a better grade than McCain.

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ThuleSociety:

The Democrats are trying to spoil this deal so the US economy goes down the tubes. They can the blame Bush and McCain and try to steal the election under false pretences.

Huh? It was the Republicans that blew up and said that this deal is not a good deal. "Conservatives were in revolt over the astonishing price tag of the proposal and the hand of government that it would place on private markets." Note: Conservatives = Republicans. NOT Democrats.

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I wouldn't trust either of them . It's all down to what their advisors say anyhow. Mr Obama looks very nervous though, i think the job of president may be too much for him to handle." No, the job of the president is no where near as hard as say an up and coming corp. Additionally, the president has very little effect on what goes on on Wall St. except in cases like this one. Economies are going to go up and they are going to come down.

Bear in mind, as all blame is being put on Bush, that policies that effect Wall St and our investments have been in place for a very long time and not until the problems become on a large scale, does anyone get involved.

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skipthesong,

I don't think it's true that all the blame is being put on Bush. If it were, that would be wrong. I think Bush is being blamed--and in my opinion appropriately so--for doing nothing in the face of a grave and gathering threat to the economy. Lots of people share the responsibility for this failure, but the leader of our country gets no pass on the economy.

Calvin Coolidge (who got out while the gettin' was good): The business of America is business.

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SushiSake3,

You ask why McCain went to Washington. Maybe the question is why did McCain suspend his campaign and go to Washington. Here's one idea: if your campaign were tight on funds, reducing the number of campaign days would be one way to stretch them.

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To Nippon5, who requested a link. Keep in mind there is some delay time between live shows and the transcripts, but the link for CNN's show, Larry King Live" is below:

"BEGALA: A political meltdown in the Cabinet Room of the White House. You know, the -- all the players came together. And apparently -- and this is from sources who were in the room who I've been talking to -- the speaker of the House traditionally begins this, because she's the senior most legislator there, after the president welcomes everybody.

"She deferred, as did Senator Reid, to Barack Obama. And Obama apparently laid out the Democratic position with no notes. He's a smart guy. And so then they turned to Senator McCain. Well, where's the Republican position?

"McCain said, I defer to my more senior colleagues. I believe in the seniority system, he apparently said.

"And so then he sat silent while other Republicans and Democrats debated this issue and fought pretty contentiously. For 43 minutes, McCain had nothing to say, until finally Barack called on him.

"It's bizarre. I mean there's something erratic going on with McCain right now. He suspends his campaign, it's a giant crisis. Then he comes to the meeting and he's got nothing to say."

http://transcripts.cnn.com/TRANSCRIPTS/0809/25/lkl.01.html

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Betzee writes: "There was some fear that McCain was going to swoop in and take credit for brokering a deal. Sure doesn't sound like that's going to happen according to the NYT's..."

While a prisoner in the Hanoi Hilton, McCain was forced to sit on his hands for hours at a time.

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PAUL BEGALA, CNN CONTRIBUTOR, SUPPORTS OBAMA: Well, yes. It was an economic meltdown, apparently, earlier this week on Wall Street.

KING: I mean tonight.

BEGALA: A political meltdown in the Cabinet Room of the White House. You know, the -- all the players came together. And apparently -- and this is from sources who were in the room who I've been talking to -- the speaker of the House traditionally begins this, because she's the senior most legislator there, after the president welcomes everybody.

She deferred, as did Senator Reid, to Barack Obama. And Obama apparently laid out the Democratic position with no notes. He's a smart guy. And so then they turned to Senator McCain. Well, where's the Republican position?

McCain said, I defer to my more senior colleagues. I believe in the seniority system, he apparently said.

And so then he sat silent while other Republicans and Democrats debated this issue and fought pretty contentiously. For 43 minutes, McCain had nothing to say, until finally Barack called on him.

It's bizarre. I mean there's something erratic going on with McCain right now. He suspends his campaign, it's a giant crisis. Then he comes to the meeting and he's got nothing to say.

All that information from a confirmed Obama supporter who wasnt in the meeting???? And on top of that its on Larry king live why not get it from Howard Stern it would hold as much truth to it.

When you look at things through colored glasses everything is the color you want it to be.... Im not supporting McCain but Im also not trying to paint a picture of him based off of Obama supporters qoutes...

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Nippon5: You requested a link and you got it. (One only wonders why you have to cut and paste the same information back in your reply.)

If you want to believe that McCain stepped up and was an active player in the meeting, that is your prerogative.

I do not support McCain and will paint a picture of him from sources I trust. I haven't noted any lies coming from Begala, but PLENTY from the Republicans.

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We are watching the proverbial slow motion train wreck. There is nothing the Senate can do to prevent the total financial meltdown. The reason as I see it is two fold.

Firstly, and crucially it is a result of the onward degeneration of the Capitalist system which has been taking place for almost the entirety of the 20th Century. It isn't something new. So it makes little sense to blame it on any particular American administration. Although, okay, granted, it is satisfying for some to pin the blame on the Bush administration, since it has been the most extreme on record, and yes, there is no doubt the 'war on terror' along with the intensifying deregulation of the financial system bought this to a head in double quick time. To be the ones ensconced in arguably the most extreme government in American history is quite something for a political party that wore the label 'conservative' through much of its history.

But no, the collapse of the financial system was predicted a long time ago. I'm not talking about contemporary European economists either, and I am really referring to the collapse of Capitalism. That was predicted over 200 years earlier, by Karl Marx.

So no, Capitalism simply is no longer fixable, the financial system is shot. The best metaphor I can think of for the idea of a resuscitated Wall Street is an image of the resurrected dead, but I am referring to the George Romero concept rather than the Biblical.

The second reason the Senate will not be able to halt the financial meltdown is that they simply are incapable of doing the job. They are as I have always pointed out here representatives of the ruling elite. They ARE part of the same American ruling elite. I am referring to both sides of the Senate. It is in their interest to maintain their class, and to do that they need to retain their wealth. That means maintaining increasing profit. And yes, they are distraught, because they see their existence very much under threat.

This bunch are quickly realizing that even attempting to put up a facade of doing something to pull back from the abyss, will likely send them over the edge. 700 billion US$ is far too little too late. They are now dealing with a global financial crises, that had its roots in the US but is no longer confined to American soil. This is the real domino effect. There just is no way to reverse it.

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No I added the part you didnt put in your that was the OBAMA SUPPORTER (Paul Begala (born 12 May 1961) is a democrate political consultant, a commentator, and a former advisor to President Bill Clinton)and the rest so people can read all of it and not the selected part without the information on who this person was)

Your original post was On CNN tonight, an insider to the White House meeting described McCain as being totally uninvolved

Sorry didnt know from your original post you were quoting a gossip talk show, and not real News....

If he is your idea of a good source then what can I say... Its your choice to view politics through a tunnel...

I didnt know you had been talking about a talk show, I figured you had been talking about a news show, sorry.

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Alphaape

If I were in charge, I would just ask the CEO's of the companies that are on the verge to put up a small percentage of their bonuses and property just like the rest of us. If they were to give probably 1% of their income (far less than the 20% requried by us "unwashed masses") of the $700 billion plan, which would be about 7 billion of which I am sure all of them together can afford

According to your calculations, to reach "7 Billion" from CEO's giving "1% of their income" you would need 140,000 CEO's earning an average of $5,000,000.00. I have no idea what planet you come from but in America their are not 140,000 CEO's earning an average of $5,000,000.00. You might just consider that as one of the top reasons you would never be in charge.

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Nippon5

By all means tell us just what McCain accomplished that we are unaware of. And by all means tell us exactly what he did say during this vital meeting at the White House.

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I can tell you one thing he said in a press conference.

McCain said:

So it is essential for our economy to stimulate growth and grow this government

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goodDonkey..

Try as you might you still dont understand.. Im not for McCain so I really dont care what he said, what I care about is when people change or modify something to make a political point and try to pass it off as truth... Im going to go on a limb and give you an answer, he got Obama to go to Washington:)

or is that just a case of Monkey see Monkey do...

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McCain said: So it is essential for our economy to stimulate growth and grow this government

and then he corrected himself. hahahahahaa. too funny!

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Nippon5 writes: "No I added the part you didnt put in your that was the OBAMA SUPPORTER (Paul Begala (born 12 May 1961)..."

(Note the use of ellipses. Makes things so much easier than having to cut and paste entire posts.)

Paul Begala is an insider amongst the Democrats and thus has many contacts among other insiders. In my transcript post, I clearly posted his name.

Your original post was On CNN tonight, an insider to the White House meeting described McCain as being totally uninvolved...<<

And I stand by that. Insiders to the White House meeting spoke to Begala, and Begala was relating what they told to CNN's viewers.

Sorry didnt know from your original post you were quoting a gossip talk show, and not real News.

Sorry, rational people can derive information from many sources and process the level of accuracy based upon further research. The best news shows, IMO -- such as the News Hour on PBS -- always include opinions and commentary from non-reporters, people directly or indirectly involved, which helps to add insight to the raw data. Raw data is what you appear to be confusing with "real news."

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For some reason, my previous post got cut off.

Your original post was On CNN tonight, an insider to the White House meeting described McCain as being totally uninvolved

And I stand by that. And we've seen absolutely no evidence to question Begala's account of the events relayed to him by insiders to the meeting.

Sorry didnt know from your original post you were quoting a gossip talk show, and not real News

You are confusing "real news" with raw data. Opinions and commentary are always needed to glean the real meaning from the raw data. Larry King had a couple of Republicans on with Begala last night, and they provided their own commentary. Neither of them disputed Begala's account of John McCain's role in the meeting.

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How wild what President W and his Republican spend happy government has done to the United States economy and all in less than 8 years. Blows my mind how this greedy bunch of thieves has damaged our nation.

I just hope that his clone McBush does not get the same chance. Because at least Bush knew something about the economy. McBush does not even understand the meaning of economy.

Slowly but surely the American pro Republicans are waking up and learning how bad this Administration has been for our country. Soon it will be gone and we can get bad to a stable economy of regulations and controls.

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Joe: "Soon it ( the Bush administration ) will be gone and we can get bad ( back? ) to a stable economy of regulations and controls"

Yep, that's just what American companies need - yet more regulations and controls! And Barack Obama and the Democrats are just the ones to impose them!

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Great!!! Our legislative process is working like it should. For 7 billion dollars of tax payer money you better believe I want Congress to think of all the options and argue it out until a consensus is reached. I in no way want them to panic and go in there and sign a piece of paper in 1 day. This is not good at all. Too many questions to be be answered. Ask any financial analyst and they will tell you it was not a good deal. Complete government oversight of industry is not the answer. I think the ones involved in this mess in Wall Street should be punished with no high level compensation but not those who have been doing good business, why? because it all comes back to bite the consumer (us) and workers (us) in the ass. In addition, the consumer should be protected and as it is now it is not the case. Not ot mention we need a way to make that money back and not to buy "all" bad loans. So Congress, go at and take the time you need America will be OK!!!

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So Sarge, your saying that the market's controls that are in place right now are adequate and this melt down of the market could have been avoided with less controls?

Help me understand what you're saying.

The deregulation that McCain has helped push through, in his many years of congressional experience, helped the markets how? And John McCain's ideas of (what ideas) will help how? And can John McCain come up with a though of his own with out deferring to others?

Going to watch the debates tonight Sarge. I'm popping popcorn and getting a 6 pack. I think I'm going be entertained. < :-)

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Hey, so who can't count on JT?

A number of posters seem to think the bailout is 7 billion US dollars. That would still be a huge amount of money, I know, but what you need to do is multiply 7 by 100 to get the figure the Senate is talking of pouring into Wall Street.

So that's US$700 billion NOT 7 billion, okay? Good. So now we can get back to the discussion. Thank you. Sheesh!

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yabits---- 中 sometimes the middle is more real then the extreme left or right, I dont consider third hand information from a man who is so far from center a reliable and accurate source, sorry its my belief.

If you believe him as non bias information then you should believe Fox news is the same Non Bais information...

Personally I think these two have made America look worst then the other idiot they are trying to replace...and all the nose in butt followers of one side or the other are proving that point...

Sorry I as an American feel so embarresed to have either of these men running for the position of President and the way they have lied and mislead the people of America.. BOTH OF THEM!!!!!!

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Nippon, this is another election where I feel I gotta vote against the guy who'd do the greatest damage.

I gotta vote McCain-Palin.

I'm not a member of any political party and I can't see myself ever bein' a member of a political party.

Bein' largely conservative, it's only natural that the Republicans will end up with most, if not all, of my votes.

Conservatives don't vote liberal and liberals don't vote conservative.

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Conservative= you wait until the garbage is completly full before you throw it out, you drive slow and steady to save gas, you dont buy new gum because the old gum you have still chews?

Liberal= you give 40% tips because its just money, You always throw parties with more food then is possible to eat, You drive like a NASCAR racer, you accept everyone and anyone no matter who they are?

Using other terms doesnt change the fact your sitting on an edge... One side or the other, try to come more to the 65% of us that are in the middle and think this he said she said BS is getting old. Thats why Jesse the Body got elected as Gov in Minnesota people got tired of 30% or so of the people telling the rest of us we are wrong..

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Nippon, so if you're not goin' to vote Obama, and you're not goin' to vote McCain, then who are you votin' for.

And most people in that 65% would identify themselves as more conservative than liberal or vice-versa.

Who ya votin' for?

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Im digging Ronald back up and writing him in....

Wish Ross was running!!!!!

Sorry my vote is a private thing I dont even tell my wife... At this time I can tell you the third party is looking better then these two...

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Usually when someone says they're fed up with both Democrats and Republicans, and that same person does love their country, then it usually means they want to cast a Libertarian vote.

At this late stage of the game, a vote for other than a Republican or Democrat is a vote someone willingly threw away.

In my state, a person who is not the voter's employer or union official may accompany the voter into the booth to help them vote. I will be such a person in November. In this case, I will be casting at least two votes for my guy.

sweet

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Hrmm if I vote for someone other then the two people on the main parties Im throwing away my vote? ごみ ですか

well then at this time I guess in your opinion of a democracy I am throwing away my vote。 As a democracy I have the right to vote for who I feel will do the best job, and just like with BUSH I wont vote for these guys, Scary part was if McCain would of asked Hillary to be VP I would of voted that team in a minute, but I dont like either canidate as they are today..

Ive been able to vote a long time now and Ive never voted based on a party or an extreme view.

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Nippon, are you askin' me if you're "trashin' your vote" if you vote for someone other than for one of the two candidates who can reasonably win "at this late state of the game (as I said)"?

Hai, gomi desu. Mochiron.

Of course, you have every right to vote for whomever on the ballet in a matter of personal pride. You can write in "Pat Paulsen" as a write-in vote as some folks still do (the dude's been dead like twenty-somethin' years) 'cause they never like the choices either.

I would never suggest an American citizen doesn't have the right to vote for whoever they want... lessin' of course they're a convicted felon or the like.

Still, a wasted vote is a wasted vote. I'm sure I'm not the first to suggest this to you.

It's your vote; it belongs to you. No argument here.

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is it a wasted vote if they vote for the man who doesnt win out of the two parties?

Or is it only if they dont vote for the big two guys?

Or is it wasted if you vote for someone who the person saying "its a wasted vote" isnt voting for?

No vote is wasted, its a vote or an Answer to the question of who you find best suited for the position.

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Confusicious say:

"An unrealistic vote is a a wasted vote."

Yes, some votes are absolutely and knowingly wasted in some vain attempt to make a statement.

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Ok if thats your belief its your belief, but I believe everyone has a voice and they all are equal, and no vote is wasted...usually a political party uses that to scare a vote from a person.. Im hard to scare I only vote for those who should lead not those who think they should lead.

Enough said on anyones voting, a vote is a vote..

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Nippon, I'm not tryin' to scare anyone.

I'm bein' completely realistic. Some votes are completely wasted, but that's the voter's right.

You mentioned Perot. That was a guy I respected because, for one, he spent tons of his own money to pay for an operation to rescue Americans. I came close to votin' for him.

But then Perot began to go a little nutty.

He was a Third Party candidate who it seemed sure to me could've beaten the Democrats and Republicans. Americans were goin' nuts (in a positive way) for Perot. People were re-energized. And then he started goin' nuts (in a negative way) himself.

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