McCain Strategist: "If We Keep Talking About The Economic Crisis, We're Going To Lose"

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First Posted: 10- 6-08 09:42 AM   |   Updated: 11- 6-08 05:12 AM

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New York Daily News:

It's getting McNasty again.

...

McCain's course correction reflects a growing case of nerves within his high command as the electoral map has shifted significantly in Obama's favor in the past two weeks.

"It's a dangerous road, but we have no choice," a top McCain strategist told the Daily News. "If we keep talking about the economic crisis, we're going to lose."

Read the whole story: New York Daily News

It's getting McNasty again. ... McCain's course correction reflects a growing case of nerves within his high command as the electoral map has shifted significantly in Obama's favor in the past two w...
It's getting McNasty again. ... McCain's course correction reflects a growing case of nerves within his high command as the electoral map has shifted significantly in Obama's favor in the past two w...
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- msjimmied I'm a Fan of msjimmied 49 fans permalink
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Being not one to hold something someone did decades ago against them, I would like to meet Mr. Ayers. Find out where his mind set is at. Some of our greatest saints were prolific sinners. Have we not erred at times? BIG error, but youth would do that to you. Is what he is doing now a reflection of the man? Does the religious right not believe in redemption? Who am I to judge? In my mind, I really don't care about this issue. I don't believe Obama could have been a member of the Weathermen. Not at 8 years old. So where is the beef in this crapburger?

Let's focus on the economy, it is going into hyperdrive on the way down...IT'­S THE ECONOMY STUPID!

    Favorite    Flag as abusive Posted 03:45 PM on 10/06/2008
- margardner I'm a Fan of margardner 10 fans permalink

McCain, old, frumpy, and out of touch. His ideas have dried up along with his prune juice!

    Favorite    Flag as abusive Posted 03:42 PM on 10/06/2008
- GerryS I'm a Fan of GerryS 50 fans permalink
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leave juice outta that comment-

    Favorite    Flag as abusive Posted 03:52 PM on 10/06/2008

I'll give a gold star to anylib here that can describe how the Gramm-Leach-Bailey Act caused this crisis, without just pasting links.

You can even cut and paste if you wish, but you have to adhere to the HuffPo 250 word limit.

This should be interesting.

    Favorite    Flag as abusive Posted 03:41 PM on 10/06/2008

Too easy it overtruned the Glass-Steagall act which FDR put in place after the depression. The deregulation allowed one business to bleed over into others ie: banks being able to sell thier worthless mortgages to insurance companies. There were no more walls (barriers).
That is the main (not the only) reason we are in this mess.

    Favorite    Flag as abusive Posted 03:50 PM on 10/06/2008
- AdLib I'm a Fan of AdLib 277 fans permalink
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Well done though this troII wouldn't know or listen to a fact if it hit him like a financial crisis.

    Favorite    Flag as abusive Posted 03:55 PM on 10/06/2008

Yep, far too easy. And too simplistic. And too vague.

Perhaps you should try using ALL 250 words next time.

    Favorite    Flag as abusive Posted 03:59 PM on 10/06/2008

Here is what I had published in my local paper-----­--------->

Senator John McCain has always been a champion for the deregulation of Wall street. He was a leading supporter of the 1999 Phil Gramm sponsored legislation that repealed the Glass-Steagell act of 1933, an FDR measure that created walls between banking, investment, and insurance businesses so that problems in one arena could not bleed over into others-the major source of our current dilemma.
We would be remiss to overlook the fact that the same Phil Gramm is John McCain's head economic advisor and the man many say Senator McCain would put in charge of our economy if elected President.
The same Phil Gramm that just a couple months ago said when it comes to the economy we are in a "mental recession" and that we have become "a nation of whiners". Yet it is Senator McCain & Phil Gramms party that is now whining for the taxpayer to bail out the same companies that their deregulation allowed to run roughshod with the only consequence, it would seem, is for the CEO's to continue to take "Golden Parachutes" to the tune of billions of dollars.

    Favorite    Flag as abusive Posted 03:51 PM on 10/06/2008

Nope, sorry. Didn't even attempt to define a mechanism linking Gramm-Leach-Bailey to a financial meltdown.

    Favorite    Flag as abusive Posted 03:59 PM on 10/06/2008

Now what dikhead?

    Favorite    Flag as abusive Posted 03:53 PM on 10/06/2008
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The Gramm-Leach-Bliley Act deregulated the financial markets, and removed most of the oversight.

It also repealed the Glass-Steagall Act, which had ensured that investment banks and commercial banks were kept separate, which was a protection for depositors.

It's that simple.

So are you.

    Favorite    Flag as abusive Posted 03:55 PM on 10/06/2008

Okay, if deregulation caused this, then which regulatory provision removed by Gramm-Leach-Bailey would have prevented this crisis, and why?

    Favorite    Flag as abusive Posted 04:09 PM on 10/06/2008
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The market crashed today, where is the president?

    Favorite    Flag as abusive Posted 03:39 PM on 10/06/2008
- MIMom I'm a Fan of MIMom 109 fans permalink
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Hiding.

    Favorite    Flag as abusive Posted 03:47 PM on 10/06/2008
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Hiding with his millionaire pals. Did you read that Lehman paid out over $10 billion in bonuses and dividends the year before going belly up? While Lehman was begging for government bailout money, 3 departing execs received $20 million in "special pay," and the CEO received $30 million in bonuses?

IMPEACH BUSH, it's not too late. Once he's out of office all the books on his misdeeds are shut. If he's impeached, everything remains open for the trial.

    Favorite    Flag as abusive Posted 03:58 PM on 10/06/2008
- GerryS I'm a Fan of GerryS 50 fans permalink
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finishing "my pet goat".

    Favorite    Flag as abusive Posted 03:53 PM on 10/06/2008
- Mogamboguru I'm a Fan of Mogamboguru 323 fans permalink
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These are the d.e.a.t.h.­-.t.h.r.o.­e.s. of the Republican Party as the party of the ageing, angry, white constituency.

After this election, the Republican Party will have to completely re-define - if not: re-invent - herself, if she were ever to play an important role in US-american politics, again - because:

The times of r.a.c.i.s.­m. are up.

The times of Evangelism are up.

The times of Neocon-Empirism are up.

The times of Rovian smear tactics are up.

The times of "Trickle-D­own-Reagan­omics" are up.

And the times of unregulated predator-capitalism are up, too.

The coming times will be hard, and life may be tough in the coming years for you, my american friends.

But now you have the once-in-a-lifetime chance to show the world your better self - to show us again the America, which the World once was proud of - and which the World WANTS to be proud of, again.

Don't ask, what your country can do for you - but what you can do for your country!

And the answer, which your country is giving to you, is abundandly clear: GO VOTE!

Folks - please, give the people of the World back their american dream by voting Obama/Biden '08.

YES, YOU CAN!

    Favorite    Flag as abusive Posted 03:34 PM on 10/06/2008
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Amen

    Favorite    Flag as abusive Posted 03:56 PM on 10/06/2008
- OkieMon I'm a Fan of OkieMon 35 fans permalink

bush's refusal to regulate the energy markets early in 07 precipitated much of what is occurring now....dem­s/nancy didn't have the b*alls to force him to do it....

    Favorite    Flag as abusive Posted 03:33 PM on 10/06/2008
- AdLib I'm a Fan of AdLib 277 fans permalink
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FYI fellow bloggers:

PalinIsAHottie has been banned repeatedly for abusive posts and raclsm.

Ignore his posts, simply flag them.

Without attention, he will dry up and bIow away like the "pile" he resembles.

    Favorite    Flag as abusive Posted 03:31 PM on 10/06/2008
- MsDoc I'm a Fan of MsDoc 49 fans permalink

OK.... that's easy enough. I just couldn't resist one small swipe for mankind.

    Favorite    Flag as abusive Posted 03:56 PM on 10/06/2008
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I've heard there are irritant bloggers who are PAID according to how many responses their comments elicit. I wouldn't doubt P.A.H. is one of them. Why is "intellect" an enemy of "conservatism" and religion?

    Favorite    Flag as abusive Posted 04:00 PM on 10/06/2008
- Chillinout I'm a Fan of Chillinout 125 fans permalink
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PalinIsAHottie See Profile I'm a Fan of PalinIsAHottie permalink
It's time for McCain to start talking about whom O.b.ama would appoint to the Supreme Court:

People who hate their country and have blown up government buildings;
Black people who hate their country and want reparations more than they have already had;
People who think the way O.b.ama does: "Goddamn America!!!"
__________­__________­__________­__________­__________­_________
That is pretty funny coming from a person that supports someone that wants to break up the federal union.

I will see you Obama's preacher and raise you one witchhunting preacher.

    Favorite    Flag as abusive Posted 03:30 PM on 10/06/2008
- grizhead63 I'm a Fan of grizhead63 16 fans permalink
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PalintheHottie is like one of those mindless jackboots who followed Hi tler straight into He ll.

    Favorite    Flag as abusive Posted 03:34 PM on 10/06/2008
- gladys46 I'm a Fan of gladys46 237 fans permalink

Mc says ... "who is Barack Obama, ... he's been touchy lately"!!!

What!??? I am so hoping after O is elected POTUS that I hate the disease these people are suffering from and not THEM!!??

    Favorite    Flag as abusive Posted 03:29 PM on 10/06/2008
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PalinIsAHottie

Even his screen name is sexist. More importantly it shows that the only reason white men are voting for Palin is because of the way she looks.

    Favorite    Flag as abusive Posted 03:29 PM on 10/06/2008
- Chillinout I'm a Fan of Chillinout 125 fans permalink
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This weekend a Republican strategist said that a lot of the people that would cast their vote for McCain this November are actually voting against Obama, not FOR McCain.

    Favorite    Flag as abusive Posted 03:35 PM on 10/06/2008
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They wanted to have a beer with Bush, now they want to have a beer with bush.

    Favorite    Flag as abusive Posted 04:03 PM on 10/06/2008
- Ping I'm a Fan of Ping 63 fans permalink

This comment is pending approval and won't be displayed until it is approved.

Sorry, but you have been banned from commenting.

Whatever it is that I did, I stand unapologetic and unrepentant.

    Favorite    Flag as abusive Posted 03:27 PM on 10/06/2008
- MIMom I'm a Fan of MIMom 109 fans permalink
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Hit refresh on your browser - should clear up.

    Favorite    Flag as abusive Posted 03:28 PM on 10/06/2008
- MsDoc I'm a Fan of MsDoc 49 fans permalink

Relax... I've been ban ned three times and I still have no idea why. Irksome, but in the end, meaningless.

    Favorite    Flag as abusive Posted 03:31 PM on 10/06/2008
- AdLib I'm a Fan of AdLib 277 fans permalink
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It's a glitch, ignore and refresh...­all of a sudden you'll find you're not banned!

    Favorite    Flag as abusive Posted 03:34 PM on 10/06/2008
- GerryS I'm a Fan of GerryS 50 fans permalink
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pong-

    Favorite    Flag as abusive Posted 03:34 PM on 10/06/2008
- Chillinout I'm a Fan of Chillinout 125 fans permalink
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PalinIsAHottie See Profile I'm a Fan of PalinIsAHottie permalink
I know Obama was 8 years old when Ayers blew up the Pentagon and the Capitol building, but I'm wondering why he would choose to be such close friends with someone like that when he was in his 30's and 40's?
__________­__________­__________­__________­__________­__________­________

Something you don't seem to realize is that some of us posting here were actually alive when this was going on, so your lies won't fly here.

    Favorite    Flag as abusive Posted 03:27 PM on 10/06/2008
- MIMom I'm a Fan of MIMom 109 fans permalink
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What I would like these troIIs to answer is - do they agree with everyone they associate with?

    Favorite    Flag as abusive Posted 03:29 PM on 10/06/2008
- payos I'm a Fan of payos 7 fans permalink

they probably have no associates, they're trolls

    Favorite    Flag as abusive Posted 07:55 PM on 10/06/2008
- MsDoc I'm a Fan of MsDoc 49 fans permalink

That idea just doesn't get through to those with concrete heads. Nice try, though.

    Favorite    Flag as abusive Posted 03:33 PM on 10/06/2008
- yvonne61 I'm a Fan of yvonne61 40 fans permalink

SOMEBODY NEED TO TELL MCCAIN HE LOSE THE ELECTION BY NOT TALKING ABOUT THE ECONOMICS ISSUES THIS IS HIS PROBLEMS. PEOPLE TRYING TO STAND ON THIER FEET. PEOPLE TRYING TO GET THIER BILL PAY KEEP FOOD ON THE TABLE, PUT GAS IN THIER CAR. MCCAIN IS SO OUT OF TOUCH WITH AMERICAN PEOPLE IS SAD. HE NEED TO TAKE POODLE BARBIE AND GO BACK TO THE HOLE THEY FELL IN FROM. PEOPLE NEED HELP NOT STUPIDITY TO WIN A ELECTION .

    Favorite    Flag as abusive Posted 03:26 PM on 10/06/2008
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I have said this several times. If the voters are swayed by these fear and smear tactics again we are to blame. After the worse president in American history and another Rethuglican who wants to continue 90% of the same policies it is on us if Obama loses. It shows we get what we deserve the decline of our great nation and have become an Idiocracy.

I am a white dude so I can say this. It looks like that white men will be the only voting block that will vote for McCain in the majority. That makes my completely ashamed of not only voting for McCain but putting this country in the horrible situation we find ourselves in after 8 years with Bush.

White men as a group are the biggest hypocrites because we promote personal responsibility but blame everything on everyone else. Like blaming the financial crisis on minorities when it was greedy white men that caused the problem because of deregulating the housing market.

    Favorite    Flag as abusive Posted 03:24 PM on 10/06/2008
- Chillinout I'm a Fan of Chillinout 125 fans permalink
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I don't think lack of responsibility is as much of a white man's problem as it is an American problem. We are the most litigious society in history. Suing a restaurant because you spill hot coffee in your lap shows a complete lack of taking responsibility.

    Favorite    Flag as abusive Posted 03:33 PM on 10/06/2008
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Please that is a tro//'s trick. Litigation has been minimized for years.

    Favorite    Flag as abusive Posted 03:57 PM on 10/06/2008
- dotmafia I'm a Fan of dotmafia 44 fans permalink
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You're all a bunch of losers anyway, so don't worry about it.

    Favorite    Flag as abusive Posted 03:23 PM on 10/06/2008
- Mogamboguru I'm a Fan of Mogamboguru 323 fans permalink
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Howling at the Moon...?

    Favorite    Flag as abusive Posted 03:23 PM on 10/06/2008
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If you have nothing (like most Americans) you are losing nothing.

    Favorite    Flag as abusive Posted 03:34 PM on 10/06/2008
- WLA I'm a Fan of WLA 323 fans permalink
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Tired of pulling the wings off of flies, @sshat?

    Favorite    Flag as abusive Posted 03:34 PM on 10/06/2008
- Coinyer101 I'm a Fan of Coinyer101 669 fans permalink
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flagged for not being more specific. lol!

    Favorite    Flag as abusive Posted 03:34 PM on 10/06/2008
- MsDoc I'm a Fan of MsDoc 49 fans permalink

Then why are YOU here?

    Favorite    Flag as abusive Posted 03:35 PM on 10/06/2008
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