tag:blogger.com,1999:blog-6355709063431328024.post3945377716612987728..comments2023-09-13T04:03:04.292-07:00Comments on Cinema Democratica: The Biggest Day of John McCain's Life?Dave O'Gormanhttp://www.blogger.com/profile/05614887143518461047noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6355709063431328024.post-3981144888975025702008-09-26T10:31:00.000-07:002008-09-26T10:31:00.000-07:00I don't find it at all strange that Treasury doesn...I don't find it at all strange that Treasury doesn't know if they need $200 bln or $700 bln. I think they chose a big number simply so they don't have to keep coming back in front of Congress over and over again. Here's the deal as I see it....they need to start the auctions to find out how much they need to buy and what the pricing looks like. Again, this is not an expenditure, it's a purchase of assets. The price of the assets may go up or down and the success of the program from the standpoint of the national debt over time, will depend on whether Paulson and friends price the assets well. I understand the idea that we don't want to bail out Wall Street executives, but the government made a good deal on AIG (Bill Clinton made a point of this on the Daily Show) and has allowed other big players (Lehman for example) to fail. I know that people are angry over executive compensation but it will be taken care of in two ways. The FBI is already investigating Fannie, Freddie, AIG, and Lehman. Second, contact the Board of Directors of every company you own stock in and demand they eliminate golden parachutes, etc. There are good folks in the business world who will work without this stuff. They need to pass a bill and start cleaning up some of this mortgage paper and I think that the economy will slowly (very slowly) get better. Is McCain setting himself up here as the "maverick" who goes against Bush to fight for the taxpayer?isuyankeehttps://www.blogger.com/profile/03662534009915605075noreply@blogger.comtag:blogger.com,1999:blog-6355709063431328024.post-276360040960564492008-09-26T08:57:00.000-07:002008-09-26T08:57:00.000-07:00I have to believe in my heart-of-hearts, that ther...I have to believe in my heart-of-hearts, that there are only 3 types of people that would vote for McCain/Palin at this point:<BR/><BR/>1. The woefully uninformed.<BR/>There are alot of them out there. The guy in the office next to me still plans to vote Republican. His take on the bailout for example? "Cut McCain some slack, it's a really complicated issue."<BR/><BR/>2. The woefully republican.<BR/>These folks will vote red regardless of the candidate. It simply doesn't matter who the candidate is.<BR/><BR/>3. Fearful for Israel.<BR/>McCain seems to be the bigger defender of Israel. I don't believe this, but the (elder) Jewish community has this perception.<BR/><BR/>This has been a great week for Democrats... hell, for Americans, with reagrd to the election. The bul$hit McCain has been spewing is finally coming out. There's no better disinfectant than sunshine, right?<BR/><BR/>I just hope it's enough. These two scare the living hell out of me.Anonymousnoreply@blogger.com