I fully understand the need to bail out many of these corporations as they are vital to our economy yet I can't help but wonder if we'd be in this economic crisis if Bush and McCain who have been in power for 3 quarters of the last 7-8 years hadn't pushed deregulation of the banking and insurance agencies. Especially since the experts are saying that the lack of regulation of these industries was a major reason that we are facing such a bad economy right now. If we had been minding the store like government should then we might not have had to infuse these corporations with so many tax payer dollars.John McCain and George Bush have shown us terrible judgment as their actions have directly helped cause this crisis and now McCain wants us to believe that we should give him another chance at leadership even though he and his buddy Phil Gramm pushed us into this direction of economic collapse. McCain is trying to pretend that he hasn't traditionally been for wide open, unregulated financial markets and that he has for a long time and as late as this spring been a proud, self-proclaimed "deregulator" for years.
And meanwhile the Bush/McCain support of the Iraq war is bleeding our treasury and our tax dollars in breath-taking amounts every hour of every day. That is money that is sorely needed here at home to help create well paying jobs and a better health care system. It is time to get out of Iraq, tell them we've done all that we can do and that now they're on their own, return home and infuse that money back into the American worker and our infrastructure putting people back to work. As well as using that money to broaden the green economy to employ even more people as Obama has been saying for at least a year now that we should do.
Under the past 8 years of Bush and McCain rule we have neglected our domestic needs for the domestic needs of Iraq. So much for John McCain's slogan, "Country First." And now McCain is saying that if he were president that he'd fire the Security and Exchange Committee chairperson, Christopher Cox yet a person holding that position can't be fired by the president. Obama had a great response to that misunderstood call by McCain while campaigning in New Mexico yesterday:
``Here's what I say: In 47 days, you can fire the whole trickle-down, on-your-own, look-the-other-way crowd in Washington who have led us down this disastrous path,'' he told a crowd of 9,500 in Espanola, New Mexico. ``Get rid of this philosophy, get rid of the do-nothing approach to our economic problems and put somebody in there who is going to fight for you.''
TPJ: McCain flounders with economic affairs (affairs that Americans see as issue number one this election season) of which he has said he doesn't know enough about. However, Barack Obama is relating to the people and offering fresh ideas and showing that he is a stable ship in the storm and has the passion to tackle this issue with all his might. McCain meanwhile stumbles over cue cards to talk about the issue and looks generally like a deer blinded by the headlights of a economic crisis that he appears quite clearly not to understood or know what to do about.
McCain means Bush economics continued and that is a huge part of what got us into this free fall of economic collapse. Yes, the Clinton administration has to share part of this blame but not nearly as much as under the Bush administration and the Republican Congress. The Republicans are the party of an unbridled economy. The Bush/McCain policies are now the ones that we are dealing with now. This election is about whether we rubber stamp those Bush/McCain policies or head into Washington with a whole new group of people to tackle this problem with a fresh perspective. I vote for change because we can't afford more of the same reckless, laissez-faire, Hoover economic nonsense of the past 8 years.
---End of Transmission---
1 comment:
Dear Handsome,
Here's a present for you. I picked it out at MyDD:
by Jonathan Singer, Sat Sep 20, 2008 at 01:54:42 PM EST
Here are today's numbers:
Obama McCain
Diageo/Hotline 45 44
Gallup 50 44
Rasmussen 48 47
Research
2000/dKos 50 42
Average: 48.25 44.25
Barack Obama continues to move up in the daily tracking polls while John McCain's numbers fizzle below 45 percent, with Obama hitting an all-time high in the R2K tracker and tying his all-time high in the Gallup tracker (which he previously hit only once right in the wake of the Democratic National Convention). This also marks the first time that all four tracking polls have simultaneously shown Obama leading, and Obama's 4 percentage point overall lead is the largest lead he has enjoyed across the four polls since they have been watching the race. In short, Democrats can't bee too unhappy with either the current spread or the current trajectory of these numbers.
44 days to the election. Let's hope this trend holds.
HOPE!
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