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Phil Gramm

Friday Talking Points [45] -- Lessons Democrats Should Learn From Obama's Speech

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

I know that just about the entire blogosphere is talking about John McCain's pick of Sarah Palin (who?) for his running mate, but I, for one, refuse t...

Why McCain's Wealth Matters

Jared Bernstein | Posted 05.25.2011 | Politics
Jared Bernstein

It's not just that McCain can't relate to have nots, it's that he doesn't really want to. He wants to pull the levers that Phil Gramm and others tell him work best, and he lacks the motivation to question whether these levers actually work.

Would You Really Buy a Mortgage From John McCain?

Johann Hari | Posted 05.25.2011 | Politics
Johann Hari

McCain has Herbert Hoovered-up his slivers of economic theory from this man -- but who is Phil Gramm? His chuckle-headed ideological fanaticism nearly brought the global economy down -- twice.

Sucking Up to the Bankers: A Bipartisan Lovefest

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

Both of our leading presidential candidates are scrambling to enlist the "expertise" of the very folks who advocated the financial industry deregulations at the heart of this meltdown.

McCain Owes Us More Than Gramm's Resignation

Joe Cutbirth | Posted 05.25.2011 | Politics
Joe Cutbirth

McCain wants us to put him in charge of the world's leading economy, but he is outsourcing his intellectual and philosophical responsibilities in that area. It seems to be part of who he is, just like Bush.

Whining Americans Choose Caviar Health Care

Lester Feder | Posted 05.25.2011 | Home
Lester Feder

Al Hubbard, architect of the Bush-cum-McCain health plan, compares Americans' use of the health care system to shoppers who indiscriminately buy caviar while someone else foots the bill, just as Senator Phil Gramm exits as co-chair of John McCain's presidential campaign after calling America a "nation of whiners" in a "mental recession."

Four Questions for John McCain

Rob Stafford | Posted 05.25.2011 | Politics
Rob Stafford

Here are four questions I'd like someone to ask Senator McCain, and that I'd like him to answer -- without parsing, without equivocating, just answer.

Friday Talking Points [39] -- Republican Elitism Edition

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

For only the fourth (or fifth, depending on how you count) time in his presidency, George W. Bush had a veto overridden by both houses of Congress thi...

Goodbye, Gramm -- Samson, Not Pillar

John Tepper Marlin | Posted 05.25.2011 | Business
John Tepper Marlin

Phil Gramm designed the 1999 takedown of the Glass-Steagall Pillar. It's just too bad, if you support Obama, to see such a juicy target removed.

McCain Okay With Phil Gramm Again

Posted 05.25.2011 | Politics

Robert Novak reports that all is well between John McCain and Phil Gramm once again: After Sen. John McCain publicly repudiated his close friend and...

Unearthed: News of the Week the Mainstream Media Forgot to Report

Robert F. Kennedy Jr. and Brendan DeMelle | Posted 05.25.2011 | Green
Robert F. Kennedy Jr. and Brendan DeMelle

Karl Rove flees the country, Schwarzenegger calls Bush administration approach to global warming "bogus," Antarctic ice shelf on verge of collapse, U.S. terrorist watch list tops one million.

Fannie and Freddie's Rich Uncle

Paul Peete | Posted 05.25.2011 | Business
Paul Peete

Those Republicans hate big government but love big bailouts, like Bear Stearns and Fannie Mae. And the help comes fast too, unless you are needy people, like the New Orleans Katrina crowd.

The Real Legacy of the 'Reagan Revolution'

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

Indifference to economics does not explain the prominence of Phil Gramm in the McCain campaign during the U.S. financial crisis. Indifference to the folks losing their homes is a more plausible explanation.

GOP Brags That McCain Will Continue Bush's Economic Legacy

David Sirota | Posted 05.25.2011 | Politics
David Sirota

Republicans still want America to believe that the way to steady the economy is to follow Bush's efforts to slash taxes for millionaires.

Phil Gramm May Be Gone, But His Porn Lives On

Max Blumenthal | Posted 05.25.2011 | Politics
Max Blumenthal

Gramm's journey into porn began in 1973, when his brother-in-law, George Caton, rushed to tell him about an exciting low-budget soft-core production called Truck Stop Women.

Regulation is Not a Bad Word

Cenk Uygur | Posted 05.25.2011 | Politics
Cenk Uygur

McCain and Gramm are financial radicals who have taken over the system. The idea of putting them back in charge is absolutely unthinkable.

McCain Is Running Same Campaign As Hillary

New York Magazine | Posted 05.25.2011 | Politics

Feel free to tell me I'm nuts for asking the question, but doesn't it seem that, more and more, the McCain campaign is turning into the Clinton campai...

McCain Drops Entire Campaign Staff

Steve Young | Posted 05.25.2011 | Politics
Steve Young

(July 14, 2008 SYOP ) In a startling move that he hopes might energize his stumbling campaign, John McCain announced that he will no longer use adviso...

7 Days: Kerry on Obama, McCain, Iraq & Flip-Flopping with Huffington, Vanden Heuvel and Green

Mark Green | Posted 05.25.2011 | Politics
Mark Green

John Kerry on Obama's platform: "People on our side of the fence have just got to wake up to realize that, you know, you're not going to agree with somebody one hundred percent of the time."

McCain's Phil Gramm is Worse than Obama's Rev. Wright

Rob Kall | Posted 05.25.2011 | Politics
Rob Kall

You have a foolish, self-promoting pastor or you have an out of touch, let-them-eat cake, arrogant advisor and official surrogate and spokesperson who insults Americans. Which is worse?

Sunday Watch 7-13-08

Todd Gitlin | Posted 05.25.2011 | Media
Todd Gitlin

On Meet the Press, as elsewhere, the Gramm "whiner" scandal dwindled into a flip-flop revelation when the real revelation was what McCain's long-time trusted economic buddy believes.

The Political Economy of Last Week

Jared Bernstein | Posted 05.25.2011 | Politics
Jared Bernstein

Yes, once again, Mr. and Ms. Taxpayer, you may be about to hold the bag for a failing financial institution, infusing these firms with the money they need to keep buying and selling mortgage debt.

McCain Surrogate On Gramm: "Most Americans Are Not Really Focused" On What We Say

AP | Posted 05.25.2011 | Politics

WASHINGTON — A top economic surrogate for Republican presidential candidate John McCain doesn't think people are paying much attention to what p...

Are All Republican Talking Heads This Economically Inept?

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

Without the government stimulus we have no gain. Looking at the year over year percent change in personal real income we see a solid decline since July of last year. That's recessionary, plain and simple.

Sunday Roundup

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

Phil Gramm obviously had the quote of the week. Voters dealing with skyrocketing gas prices and collapsing home values just love being called "whiners" by a millionaire. This kind of out-of-touch condescension comes as no surprise to anyone who has followed Gramm's career. He's left his fingerprints on some of the worst economic debacles in U.S. history. He was a champion of energy deregulation, which gave us Enron and blackouts and price gouging. He was a champion of deregulating the savings-and-loan industry, the bailout of which cost taxpayers hundreds of billions of dollars. And his leadership on banking deregulation helped create the current sub-prime mortgage crisis. Republicans love to talk about Obama's lack of experience. I'll take fresh blood over Gramm's kind of track record any day of the week.