Maybe my tin foil hat is tied to tight, but watching this video I can't help bu SERIOUSLY wonder if she's pulling the biggest fake in political history...http://www.youtube.com/watch?v=5H-26MOxH34#
How could she have responded so relatively articulate to a Supreme Court case exclusively effecting her state (and one in which she had personal financial interest) just three months ago, but not be able to recall the case yesterday?
They call Karl Rove the Machiavelli of politics and Steve Schmidt is his protege. If this is an act, Steve Schmidt is the reincarnation of Machiavelli.
This awesome and it may be a duplicate post but AFL-CIO's Richard Trumka is the most effective surrogate I have seen for Obama yet, besides Michelle, though it's a bit Howard Dean esque towards the end.
In any case, it's a great testament to overcoming racial bias.
Great Speech!
Anderkoo
It is, it is, thank you for sharing that!
pjamma
I didn't see this posted but it is from a few days ago..
I'm all for birth control and people not having babies that they can't take care of but his is a bit extreme...
Worried that welfare costs are rising as the number of taxpayers declines, Louisiana state Rep. John LaBruzzo, R-Metairie, said Tuesday he is studying a plan to pay poor women $1,000 to have their Fallopian tubes tied.
“We’re on a train headed to the future and there’s a bridge out, ” LaBruzzo said of what he suspects are dangerous demographic trends. “And nobody wants to talk about it.” LaBruzzo said he worries that people receiving government aid such as food stamps and publicly subsidized housing are reproducing at a faster rate than more affluent, better-educated people who presumably pay more tax revenue to the government. He said he is gathering statistics now.
caligirl
another spin on the eugenics game. frightening. i guess this is slightly better than doing it without their knowledge, which is what has happened before.
nickwah22
The Senate passed the Rescue Bill
Teacher
This is a real downer for me. I knew it was going to happen, but I still feel deflated. I don't, for one minute, believe that this is going to significantly help the common people. We've just gotten scammed again. The Fed gave banks $620 Billion in loans yesterday & our gov gave them $700 Billion today. If they got $620 Billion yesterday, why do they need $700 Billion today? Why is O promoting this? It is so discouraging. They are killing America before our eyes & there isn't jack we can do about it.
TruthSeeker
This is really good......long, but good. She says what I've been sensing beneath the surface - a shift in opinion and estimation of Barack Obama. Deanie works like an archaeologist, exposing the bones. She shows how the words used to describe both candidates have changed, with Barack effectively shoring up and solidifying his good reputation, while McCain squanders his.
And..I know when it happened! I could feel it, a release of tension - the release of a held breath. It began with that one word "LIE". The "L" word that threw open the floodgates of truth, and made it alright to say it.
There is much that I am sure Barack Obama would like to say and do right now, but he can't because he is not yet president and it is not yet his job. But what he has done is give us all a glimpse of what a real leader looks like, at a time when it sometimes appears this storm-tossed ship is going down.
The seriousness of our situation has forced the media narrative to reflect reality for the first time, maybe, in a decade or more. The language of leadership is changing in a way that expresses that.
RobM
BOOKMARK THIS. NEVER EVER LET ANYONE TELL YOU "MINORITIES ARE RESPONSIBLE FOR SUBPRIME MORTGAGES OR THIS ECONOMIC DEBACLE.
Rob, we already called bullshyt on that, especially when Washington Mutual went belly up and the pundits started blaming too much diversity in the workplace and too many "Mexicans" were doing business there. **eye roll**
Suprk
Not sure if this has been posted. A Fox News reporter in Pennsylvania takes a random poll for who the people are going to vote for. Sad to say the vote did not turn out as Fox wanted it.
If you watch carefully a man tries to raise his hand for McCain, but his wife will not let him. Then the people in the deli kind of laugh at the reporter as he tries to spin the vote as equal and close.
Anderkoo
That same woman who won't let her husband vote for McCain raises TWO hands for Obama! She's so cute!
I saw this earlier and it cracked me up! It basically reflects what I experienced canvassing for Obama. I didn't meet anyone who was supporting McCain.
NMP
I just watched the much anticipated Palin answer on Supreme Court cases. There really are no words.
Val
She would be the perfect ad to show why a mind is a terrible thing to waste.
It is hard for me to understand why she is that simpleminded when her Mom is a teacher. I know she teaches science but . . . I thought ALL teachers knew the value of having a good education.
rorysmomma
Why are preacher's kids hell raisers? I hope that palin is not what my daughter will be... I am a teacher by the way. LOL
Miranda
OH. MY. GOD. I didn't realize that Couric had posed the question to Biden also...people just read and.......oh hell........Palin is just intellectually empty. Seriously - she contradicted herself right off the bat....damn.
Katie Couric: Why do you think Roe v. Wade was a good decision?
Joe Biden: Because it's as close to a consensus that can exist in a society as heterogeneous as ours. What does it say? It says in the first three months that decision should be left to the woman. And the second three months, where Roe v. Wade says, well then the state, the government has a role, along with the women's health, they have a right to have some impact on that. And the third three months they say the weight of the government's input is on the fetus being carried.
And so that's sort of reflected as close as anybody is ever going to get in this heterogeneous, this multicultural society of religious people as to some sort of, not consensus, but as close it gets.
I think the liberty clause of the 14th Amendment … offers a right to privacy. Now that's one of the big debates that I have with my conservative scholar friends, that they say, you know, unless a right is enumerated - unless it's actually, unless [it] uses the word "privacy" in the Constitution - then no such "constitutional right" exists. Well, I think people have an inherent right.
Couric: Are there Supreme Court decisions you disagree with?
Biden: You know, I'm the guy who wrote the Violence Against Women Act. And I said that every woman in America, if they are beaten and abused by a man, should be able to take that person to court - meaning you should be able to go to federal court and sue in federal court the man who abused you if you can prove that abuse. But they said, "No, that a woman, there's no federal jurisdiction." And I held, they acknowledged, I held about 1,000 hours of hearings proving that there's an effect in interstate commerce. Women who are abused and beaten and beaten are women who are not able to be in the work force. And the Supreme Court said, "Well, there is an impact on commerce, but this is federalizing a private crime and we're not going to allow it." I think the Supreme Court was wrong about that decision.
Couric Why, in your view, is Roe v. Wade a bad decision?
Sarah Palin: I think it should be a states' issue not a federal government-mandated, mandating yes or no on such an important issue. I'm, in that sense, a federalist, where I believe that states should have more say in the laws of their lands and individual areas. Now, foundationally, also, though, it's no secret that I'm pro-life that I believe in a culture of life is very important for this country. Personally that's what I would like to see, um, further embraced by America.
Couric: Do you think there's an inherent right to privacy in the Constitution?
Palin: I do. Yeah, I do.
Couric: The cornerstone of Roe v. Wade.
Palin: I do. And I believe that individual states can best handle what the people within the different constituencies in the 50 states would like to see their will ushered in an issue like that.
Couric: What other Supreme Court decisions do you disagree with?
Palin: Well, let's see. There's, of course in the great history of America there have been rulings, that's never going to be absolute consensus by every American. And there are those issues, again, like Roe v. Wade, where I believe are best held on a state level and addressed there. So you know, going through the history of America, there would be others but …
Couric: Can you think of any?
Palin: Well, I could think of … any again, that could be best dealt with on a more local level. Maybe I would take issue with. But, you know, as mayor, and then as governor and even as a vice president, if I'm so privileged to serve, wouldn't be in a position of changing those things but in supporting the law of the land as it reads today.
Lilytiger
If I could give you a thousand more points for posting this, I would.
Thank you, the truth is the best weapon in the world. She's an empty vessel, she is what is left when the pod people take over and then leave. I cannot believe anyone would scratch their crotch and say "You know, she's just as stupid as me and damn it that's what I need to see in the veep position."
Help us, lets make sure the smart people over vote the stupid!
Town
That is exactly what I heard this afternoon listening to the local afternoon talk show, this guy called in and said that we need more people like Sarah Palin and George Bush in office, regular Joe 6 pack Americans, who weren't elite and who were just like the common man who isn't very smart in office, that he feels comfortable when somebody just like him is running things. And the talk show host agreed with him.
OK.......this is the part that just says it all....this woman should be recalled as governor. She doesn't even know she is contradicting herself. Opponents of Roe v. Wade believe there IS NOT AN INHERENT RIGHT TO PRIVACY IN THE CONSTITUTION!!! That was the whole basis of the ruling!! She's actually pro-choice and doesn't even know it!
Couric: Do you think there's an inherent right to privacy in the Constitution?
Palin: I do. Yeah, I do.
Couric: The cornerstone of Roe v. Wade.
Palin: I do. And I believe that individual states can best handle what the people within the different constituencies in the 50 states would like to see their will ushered in an issue like that.
Can anyone decipher that last sentence for me please? Thanks!
Biden represented! I feel like I LEARNED something about Roe V. Wade. Palin has no business trying to lead. She needs to start off with interning.
pjamma
My I.Q. went down five points when the interview switched from Biden to Palin.
GreenLadyHere
Miranda: Here's an important mark for me:
Couric: Can you think of any?
Palin: Well, I could think of … any again, that could be best dealt with on a more local level. Maybe I would take issue with. But, you know, as mayor, and then as governor and even as a vice president, if I'm so privileged to serve, wouldn't be in a position of changing those things but in supporting the law of the land as it reads today.
OPERATIVE WORD: THINK!!! Not happening!! Also: KNOWLEDGE: NOT happening!!
Her NON-ANSWER: CRICKETS*****
Annnnnnnnnnd, again: "if I'm so privileged to serve. . . " Grammar???
Obama-Biden '08!!!
P.S. What is the link for this information? Thanks! :>)
Miranda
She puts lots of words together that just shouldn't BE together. Why can't she just get her nouns and verbs correct?
TruthSeeker
Cause she's not inside her body when these interviews occur. She looks scared, and dissociates - becomes untethered. Some people say she's playing dumb. But, I believe she's truly out of her depth. She's NEVER given these ideas any thought before.
GreenLadyHere
TruthSeeker: Co-sign.
BUT, she has PRACTICED being "smarmy"/snarky/sarcastic!! She feels extremely comfortable in this mode. That's why she was able to READ that RNC Convention speech so [somewhat] well. That is her passion--cutting down others. PAGEANT-speak!! WIN at ALL costs! SUCH AS. . . .
Obama-Biden '08!!
TruthSeeker
Hah!
So she thinks this is a pageant, eh? LOL! I've heard how catty they can be to each other. So, I guess when she's snarky about Biden's age, or Obama's community service, she thinks she's competing with one of the girls in the swimsuit competition.
Ok...I take your hypothesis. But what's McCain's excuse for being a "bitch"? Does his entire campaign think they're competing in Miss America?
GreenLadyHere
TruthSeeker: If I may suggest: HE believes in "BOMBING and TORPEDOING" the ENEMY! WARMONGER-speak!! IMHO.
Obama-Biden '08!!
JJai
I totally agree. And why should she concern herself with these issues that weren't directly related to her precious, Alaska! We shall see tommorow, though.
I haven't been reading Kos himself for quite awhile, but today I gave in.
I'm glad I did.
This is my philosophy right about now:
I like to approach this potential problem differently -- we have a chance to rip out the GOP's jugular. We can throw them an anvil. We can kick them while they're down. No matter the metaphor, the underlying meaning remains -- we can destroy the Republicans. Now's not the time to slack, it's the time to pick things up. We've got them in a near rout. Let's destroy them.
That's why I'm looking toward lanslide. I want to visualize it and MAKE. IT. HAPPEN.
This has become my full-time job.
And I'm working overtime.
No more time for BULLSHIT.
This is LIFE or DEATH.
I'm not wasting time with trolls and liars.
This is life or death.
I'm not afraid of no smear attack down the pike. I don't care about an October surprise.
We GOT this shit and we need to HUMILIATE the criminals.
Take no prisoners.
Get to work.
And let's win this shit going away.
It's LIFE or DEATH.
lexusOakland
"It's LIFE or DEATH." I've been feeling that with an intensity that frightens me... You are so very right. It's life or death. I don't believe I've ever felt we were on such a precipice. it's no longer "how wonderful" it will be to have an Obama presidency, but rather... with an Obama presidency we may live. With a McCain presidency we may well die.
Ok. I'm not sure if this is it. But here is a clip from MSNBC talking about the VP Debate.
I thought Michelle was a little smarter. I'm a little tired of hearing that Joe has to tip toe around Palin in the debate. Hillary held her own during the primaries. Hardball
I'm appalled no one caught the line that made me throw a bottle at my TV.
TruthSeeker
Thanks.
For me, the jury's still out out on Bernard. Most pundits are not that great..in fact, I can't think of anyone who stands out as brilliant. I'm kinda liking Jessica Yellin on CNN..I think she has a talent for that sort of thing.
I may not be brilliant, but I sure know it when I hear it! ;-)
caligirl
jessica yellin??? with that hideous GRIMACE that's supposed to pass as a smile???? no thanks.
i'm with you though on not being impressed with any of them.
i've never been a michelle bernard fan. she's inconsistent. she was one of the main people who was escalating the rev. wright drama in my opinion. couldn't stand her during that time. keith olbermann is about the only one i can take on a regular basis.
TruthSeeker
hehe....I've had a soft spot for her ever since she spilled the beans on air that producers tried to influence her stories at another network.
Then she went and found black people to interview at the Democratic convention and that was it. I have a good feeling about her.
As for Michelle...I just don't get black Republicans, period. Sometimes I think it's ambition. They are rare and therefore in high demand. Then they come out and play attack dogs for the Repub party. It's sickening to watch. Which is why I so dislike Tara Walls. She barks like a fish wife at any Democrat she's on panel with. Interrupts them, talks over them..she goes above and beyond. It's embarrassing to see a black woman humiliate herself in defense of a bankrupt ideology.
But, I guess she gots to get paid.
Jay
I kinda agree with Michelle....I TRULY believe this woman is playing dumb. We all know even the garbage man reads something to keep up with the news...at this point i believe its all strategy.
msmartin
I've said all along that she's 'playing" dumb. It's a trick.
TruthSeeker
Well, we'll find out soon enough. However, I don't see what benefit there is in playing dumb when you're running for VP. It would maker her look like a flake.
Also, there's tons of pressure on her, this is not her show...it's McCain's. If she screws this up, it's not just her career...
dcgatn
i totally agree. i think this is an undercover mccain campaign stunt. she's playing dumb so she can "surprise" everyone and shift the focus back to mccain. the only biden can do is stick to the facts and not say anything stupid. she's already won and bought mccain an opening. ugh
I'm going to let Val tell you. I'm too pissed off.
Val
Thank you.
Where is RonnieB? He needs to check his girl.
That woman has lost her mind.
Lilytiger
I watched it and I don't think it is as bad as it may seem. She was entering the mindset of Joe Sixpack and his old lady's head and telling us how they would interpret it. She did say she didn't agree but trying to give us a look into the minds of the truly dumb.
Jay
What happened? LOL
TruthSeeker
Hey Val,
lol, Craig is too pissed to give a rundown of what happened with Michelle.
I got to put my tin foil hat on. I chuckled at blog speculation that McCain is hiding health problems b/c of face twitching on display today. I didn't see the twitching in the slo' mo' video provided, but this new ad is kind of weird. Why is the lighting so dim? And why does it appear that he's hiding the left side of his face?
Well my tinfoil hat is telling me that something is up healthwise with McCain, because why the heck would his campaign release a statement that he's taking herbs to boost his memory. What's up with that? You don't see Obama's people releasing a statement that he's taking a One A Day to boost himself up. And then McCain was all lost and turned around on the stage. Something's going on with McCain, it might not be a stroke like the blogs are claiming but something is up.
caligirl
he's just gamin'. trying to distract before he goes crazy insane negative. he's (probably) about to do a scorched earth strategy 'til election day.
There's a lot of heat on the democratic side! The can't keep their hands off each other.
rikyrah
I just came to post this...it's a keeper!!
NMP
I can't be the only one frustrated by the House Democrats' inability or unwillingness to position Senator Obama as the savior of this rescue bill, particularly the CBC.
Admiral_Komack
Did you see what happended to McCain when he tried that stunt?
Val is correct. :-)
NMP
You're missing the point. Of course I'm not suggesting he pull a grand standing stunt like McCain. I'm simply saying he can use this as an opportunity to demonstrate leadership and effectiveness, working behind the scenes. There is a void in leadership that he can fill.
Val
NMP - I don't see it that way. This bailout is a bipartisan effort.
Obama should stay out of it (no expectation of getting credit) but he should cotinue to push the effort, provide input, and vote if needed.
Campaign reps for Sen. John McCain obtained an herbal supplement touted to enhance memory and keep energy levels up for the candidate before his joust with Sen. Barack Obama, a source tells us. Four-time Super Bowl champ Bill Romanowski, whose company Nutrition53 produces the capsule Neuro1, said: "I won't confirm or deny that Sen. McCain is using our product, but it's phenomenal for any person with stress and an overwhelming travel schedule."
That's a visual I definitely do not need, Admiral. I already got disgusted every time I see them on TV because he's looking at Palin with that "Man, I'd sure like to tap that ass" look on his face. Really creepy.
And Mark McGwire broke Roger Maris' single-season record of hitting 62 home runs without any enhancements. **rolls eyes**
They're probably giving McCain 'roids to build him up from being weakened by FOUR bouts of Melanoma. I've heard of people dying from having A bout of melanoma; but FOUR attacks?
Why won't McCain allow FULL access to his medical records? Probably because he's a walking pharmaceutical entity, hopped up on every kind of drug that can be obtained and medicating him all the way to the White House.
TruthSeeker
I've heard of people dying from having A bout of melanoma; ...
..That's just the regular Americans who have to haggle with private insurers.
Miranda
Well Roger Clemens is real good friends with the Dubya, so McCain probably got the real good hookup!
Sepia
That's not presidential.
Miranda
LMAO!!
Town
All McCain needs is a jar of jellybeans and the transformation will be complete.
Okay, Town, you're remembering that this country did elect a POTUS suffering from early onset of Alzheimer's back in 1981, and kept that shyt quiet until 1994 - five years after he left office.
No wonder he was prone to taking naps during Cabinet meetings.
Town
I was a kid, but all I remember of Reagan is him sleeping in the Cabinet meeting, saying that ketchup was a vegetable, jellybeans and Nancy saying Just Say No. But mostly Reagan sleeping in the Cabinet meeting. SMH.
pjamma
Maureen Dowd reacts to being tossed and banned from McCain plane.
"The Obama/Biden ticket, and particularly Senator Obama, have a better philosophy, better answers, better understanding, better advisers, a better vice presidential candidate, and a better plan for Florida. ... This is not close, folks. It is not a close question." - Bill C.
Town
Bill knows what time it is, he ain't trying to ride first class on the Loser Talk Express.
Only cause he went on "The View" and with exception of Whoopi's "Mammy" act, the rest of those sistas looked disgusted to even have him grace their couch.
Additionally, Bill got byotch-slapped by those of us in the blogsphere who panned his appearance as if he'd drunk a gallon of moose juice given to him by McCain/Palin. He got gamed and remembered if he or Hillary want any relevance in the Democratic Party, they'd better shut up and get on board the DNC train.
freespiritbty
BOOM! I saw Bill's act. He knows people are onto his shit. He still hasn't gotten the hang of the internet age has he?
Don't sleep on GA, we could still come through for Obama...
Has the Obama surge begun? Nearly 40 percent of early votes cast by African-Americans Wednesday, October 1, 2008, 08:31 AM
The Atlanta Journal-Constitution
As of Monday, 135,412 ballots had been cast in Georgia for the Nov. 4 general election, whether by absentee or early in-person voting.
Nearly 40 percent of those voters — 53,160 — have been African-American, according to the office of Secretary of State Karen Handel.
It is this kind of intensity, driven by the presidential campaign of Barack Obama, that has worried Georgia Republicans and stirred the hopes of Democrats in the state.
As of Aug. 31, African-Americans, the most reliable demographic in the Democratic base, made up 29 percent of those registered to vote. However, their participation rate in elections traditionally is several points lower.
After a full week of early voting statewide, the highest performing counties are: DeKalb, with 14,560 votes cast; Fulton, 10,599; Gwinnett, 7,952; Cobb, 7,021; Chatham, 4,771. All have significant minority populations.
Matt Carrothers, spokesman for Handel, said in addition to the 135,412 ballots already cast, another 105,526 have been mailed out but not returned.
Handel wants at least 1 million Georgia voters to cast early ballots, and it’s easy to see why. If, as expected, 85 percent of the state’s 5.5 million voters head to the polls on Nov. 4, Georgia’s 3,000 polling stations could be overwhelmed.
Granted, the math says that each station would only have to handle a little more than 1,500 over a 12-hour period, but people aren’t spread out like that.
UPDATE: Some of you are asking how the secretary of state’s office knows all this.
Because Georgia is a state covered by the Voting Rights Act, with a history of racial discrimination, officials are required to take into account whether their actions affect the ballot rights of minorities.
To do that, the race and sex of all voters is requested upon registration, but giving it is not mandatory, according to Handel’s web site. This is the only demographic information obtained and, since voters aren’t required to register by party, the only clue that analysts have about who is voting.
Here’s the complete breakdown of advance voters offered by Handel’s office:
— Black female: 32,865;
— Black male: 20,295;
— White female: 40,860;
— White male: 36,958;
— Female Asian-Pacific island: 239;
— Male Asian-Pacific island: 188;
— Female Hispanic-Latino: 304;
— Male Hispanic-Latino: 253;
— Female Native American: 12;
— and Male Native American: 10.
Val
that is great to hear Parker404. We will need all the help we can get.
The next few weeks will get extremely rocky for Obama. So we need all hands on deck to get to the finish line.
Palin Had Another Private E-Mail Account, Company Says
WASILLA, Alaska, Sept. 30 -- Gov. Sarah Palin maintained a private e-mail account that she used to communicate with a small circle of staff members outside the state government's secure official e-mail system, according to the Wasilla company that established the site.
The account was separate from the Yahoo e-mail address that was abruptly abandoned by the McCain campaign on Sept. 17, the day hackers penetrated the account and posted pages from it on the Internet. Palin had routinely used her Yahoo address for state business.
Quentin Algood, the owner of ITS Alaska, said a discreet e-mail system was created from an old campaign account, with access confined to "a group of people, her closest confidants and co-workers and advisers and the person she sleeps with."
Whoopi is on The View talking about not visiting the dentist in years. Whoopi is a grown assed woman, and she's telling the audience about how much plaque she had removed from her teeth and potentially losing her two front teeth because the bones have worn away. WTF is wrong with Whoopi Goldberg?? I am livid. Lots of people don't have dental insurance...but Whoopi can afford dental visits and hasn't been in years, by choice. She just thought she'd share that with us.
%^@&*% disgusting! Everybody looked disgusted.
This is the same woman who commented to Michelle Obama that black women are often portrayed negatively on tv with "one tooth". Which is absurd.. Most black women in media are well put together, except the persistently bra-less Whoopi.
I think Whoopi may have taken too many beatings when she was in "The Color Purple" and now she's either senile, or suffering early stage Alzheimer's.
I look at her and wish she'd drink a can of STHU. Only crack addicts and those without dental coverage allow their teeth to go to pot. No excuse for her, though - anyone else can get low income service from free dental clinics or any university with a dental school.
TruthSeeker
See, this is what ticks me off about Whoopi especailly ..and sometimes Sherri. It's a lack of self-awareness sometimes. Why on earth would you be in show biz and tell a story like this?? I mean, It's like telling all your business. Same thing with the abortion story with Sherri...what was she thinking "confessing" something like that to a christian paper??? People are going to look at her differently, and judge her for it...but she says cheefully that was before I was saved WTH are they thinking???
caligirl
sherri's just dumb (palin dumb). but whoopi... an undeniably brilliant talent and intelligent person... i don't know what's up with her. it boggles the mind.
TruthSeeker
I agree about Whoopi's talent...there are stretches of lucidity, then WHAM! And, maybe I'm obsessed, but on national TV, you've GOT to wear a damn bra!
TS, I agree. Sherri could have used her experience to advocate for the fact that thanks to Roe v. Wade, she had a CHOICE.
I'm a Christian, but I don't want anyone telling me what to do with my body. I've already had well-meaning Christians in my grill about why haven't I had a baby before its too late - and if I don't, I'm not being a woman of God because I haven't reproduced yet.
I love children and will happily adopt, if I believe I'm called to do that. Otherwise, it's my choice and if a woman wants to have an abortion, that's between her and God. Some "Christians' are pissing me off trying to force their views on others as a means of control, and forcing women to have babies they may or may not want, but not sticking around to help those women out when the baby comes.
Screw that. Okay, RANT OVER.
JJai
Here, Here
I completely agree with your logic on abortion. I am pro-choice. I don't agree with abortion personally. But, I leave that decision between a person and God.
And then many of the same folks who are pro-life turn around and judge folks who take any governmental support for these kids. It's such a bad witness. That's part of the reason why folks thinks all Christians are hypocrites!
I don't judge Sherri for sharing her experiences though not sure I would have done the same were I in her shoes.
Also, why do folks want to eliminate free will when God has not?
GreenLadyHere
TruthSeeker: Several ANSWERS: 1. They AIN'T!!
2. They've come to think that they have been accepted by those with the WHITE GENE. who, for the most part, fill the tabloids with blather!
3.They forget that intelligent, Black folks watch the show and are offended by these "confessions!"
Byotch-slapping is a fine art and an effective one. Bill got byotch-slapped by the party leaders and they ordered him to either step up his game, or else get "dealt with".
I don't think Billy Jeff wanted to get "dealt with". Especially since Jim Clyburn was one of the party leaders putting his ass on blast last week.
Over the weekend, after Billy Jeff's appearance on "The View", Clyburn was asked for his response to Clinton's almost lackadaisical support for Obama, and essentially reminded Clinton of having to put him and Hillary on blast during the primary campaign for playing the race card.
Clinton needs two, three slaps upside the head before he gets the message. That Jim Clyburn had to administer said slaps upside the head, twice, does not speak well for Clinton learning his lessons about slinging Black people under the bus for personal gain.
The revocation of his Honorary Black Card should have taught him that.
GreenLadyHere
CPL: TEACH - TEACHA!!! :>)
Val
pjamma thanks for that. I was afraid to watch. LOL
parker404
Okay, I'm glad to hear that. I couldn't watch the rally because I'm done with the Clintons, but I'm relieved to know he acted like he got some sense for a change.
djchefron
All Bill wants is a little love.The way the crowd reacted to him I wouldn't be surprise if Bill turns out to be Obama's best surrogate.
He could have gotten all that love and more if he'd gotten on the Obama train when it became evident his wife was going to lose the nomination.
He didn't and it cost him, probably more so than Hillary.
The things people do for love, I swear.
Anderkoo
I think it's true. The man just wants to be loved. Put him next to McCain, he loves McCain. Put him next Obama, he loves Obama. Put him next to... OK, I'll stop there.
John McCain is naive and childlike in his decisions...with an underlying side of sneering condescension and rage. Quite a package, don't you think?
Texas_Girl_in_LA
Bubba C. live on C-Span in Florida
I will try to get the video
GreenLadyHere
rikyrah: Random musing:
Jack and Jill
Went up the hill [NOT Capitol]
To fetch a Palin of water.
Palin fell down and hit/broke her crown
And that's why she gives those NON-ANSWERS to legitimate questions in her RAMBLING STYLE, but she believes that she gave an answer and can't see "WHYCOME" you didn't get it!
The End!!
O.K. Who spiked my Obama-aide?? :>) :>)
Obama-Biden '08!!
s
RE: Gwen Ifel
In law, this would create a mistrial.
Admiral_Komack
This isn't law, it's a debate. McCain's people agreed to Ifill as moderator, I assume; if not, then Mc Cain would make sure another person would be picked as moderator. McCain can't vet a VP, and he can't vet a moderator.
Monie
And the same applies to Tom Brokaw who apparently thinks it is unfair for McCain to be criticised during this presidential campaign.( of course you won't see it that way.....he's pro-McCain and white)
Tom Brokaw has made excuses that you can't "go after" John Mccain because he is a POW During NBC's August 26 convention coverage, Brokaw--the current host of Meet the Press--weighed in on Hillary Clinton's speech: “She'll be tough on John McCain, but he is her friend, and you have to be careful about how you go after an American Vietnam War icon, really.”
The next night, Brokaw appeared on MSNBC to discuss Bill Clinton's convention speech:
CHRIS MATTHEWS: Tom, first, what did you make of the acknowledgment of the service of John McCain in very glowing terms?
BROKAW: Well, look, for Bill Clinton, and for anyone in the Democratic Party, for that matter, it's a very tricky case taking on John McCain and trying to rough him up. When John McCain was sitting in a prison in Hanoi, Bill Clinton was writing letters to his ROTC commander and trying to get out of the draft, which he did successfully. It was an issue that he was really able to manage when he was running for president. But at the same time, that's still a very short fuse in America, as you know, Chris.
Brokaw continued:
But I think especially you have to be careful about how you go after John McCain because of that Vietnam experience. Jim Webb has written in his latest book, A Time to Fight, and repeated to me again just yesterday, the Democratic Party still has a long way to go to win the confidence of Vietnam veterans, and they don't want to squander that here in the big hall.
And the New York Times reported yesterday: ......Mr. Brokaw said he had also conducted some shuttle diplomacy in recent weeks between NBC and the McCain campaign. His mission, he said, was to assure the candidate’s aides that — despite some negative on-air commentary by Mr. Olbermann in particular — Mr. McCain could still get a fair shake from NBC News. Mr. Brokaw said he had been told by a senior McCain aide, whom he did not name, that the campaign had been reluctant to accept an NBC representative as one of the moderators of the three presidential debates — until his name was invoked.....
Even Obama appeared on Fixed News......why is McCain scared of NBC and needs Brokaw...oh, I forgot ----deference is the name of the McCain campaign---the media has to regard their wishes or they won't talk.
RonnieB
First, a televised debate is not a trial. But if it were, there would need to be evidence that the moderator is biased.
Ifill's book is complimentary of not just Barack Obama, but a litany of Black folks who have become leaders and positive influences in the Black communities at large.
So what, in essence, you conservatives are suggesting is that because Ifill wrote a book that was complimentary of a handful of Black people--and Obama should be in that exclusive group--that she "must" be biased against white people in general and Sarah Palin specifically.
Good luck trying to sell that.
Lilytiger
Besides, it would be hard to find a "new sperson" who hasn't written a book. We should demand that Tom Brokaw be sidelined to because of his overt love of the mythological "greatest generation"? He and McClain are known friends and his little outburst at the end of MTP last week showed a bit of favoritism.
How about George Steph....too lazy to look up how to spell that name.... and his moferating the Obama/Hillary debate?
"You will hear the words “affirmative” action come up a lot when you talk to someone like this. You may hear them assert that black Americans have been "given" their rights and fair share of opportunities, a semantic shuffle that sidesteps any acknowledgement that those same rights were in fact "denied" before being restored. In this world, black people are seen as being subjective, emotional, illogical, uneducated, and untruthful, while these white people see themselves as objective, reasonable, logical, educated, and truthful."
GreenLadyHere
Brown Man: Seeee. "Whycome" U R telling the TRUTH!! :>)
Serves her right. What, she isn't smart enough to know that which she is part of?
Why does Kathleen think people like Rush Limbaugh and Lars gravitate to the Right Wing? Would she describe these guys are gentlemen, feminist minded, fair-minded, bigotry averse? Is Kathleen stupid?
The Right Wing ideology is based on the worst in humanity. It is based on our vices, greed, fear, prejudice, revenge. They preach about self-reliance because when times are good, they don't want any of their money to go to helping others. But as soon as times get hard, they seek the shelter of the whole.
Did Kathleen think she was herself immune to that bigotry?
She needs to shut the hell up and take her damn bitch-slap like a woman.
Umm I didn't like the implication that the support is RACE BASED. And I don't ever recall CPL getting "shouted down." Now S and D? Yes... they get shouted down. lol
In the early going, Evita, I would post objective remarks about Mr. Obama, and yes, I was shouted down. I should know; that shyt hurts, but I understood and trust me, if Obama screws up, I won't be silent and will fully expect a shout down.
I wasn't hating on the brotha - I just wanted people not to see him as the savior to take Black People to the Promised Land, so they wouldn't be disappointed when finding out he's human like we are. The Obama campaign started going that route after he won Iowa. Now I wasn't doing like Tavis Smiley (who was hatin' on Obama and has done since Obama announced he was running and C-Span cut coverage of the Negro Super Bowl to cover Obama's announcement), cause I don't have a bone to pick with Obama - I just wanted substance from his platform.
Compared to what McCain's offering, Obama appears more substanative than McCaint and Palin combined (and that's not hard to do).
Just watched the View. LMAO. Elizabeth just got her ass handed to her by co hots, including Barbara Walters about Plain. They started the firt segment talking about how Palin made a jab at Biden about his age, then tried to backtrack and say she was just saying he has a lot of experience. They all busted her and Elizabeth's dumb ass blew a mini gasket. Behar flat out called Palin dumb.
Expect an announcement that Hasselbeck's quitting "The View".
She should have known her conservative, Reich-wing Christofacist comments weren't going to get her anywhere with Barbara Walters, Joy Behar and Meredith Viera when she was there. Sherri Shepard is there for buffoonery and so is Whoopi - although every now and then, Sherri also let Hasselbeck get a snootful. If she tried to defend Palin on that show, she ASKED FOR IT.
Sepia
I saw the clips on HuffPo and was LMAO!
Hasselbeck is a piece of work! It's not her conservative views that turn people off. It's how she expresses them. If she would calmly and rationally explain her p.o.v., no one would have a problem with her, but she takes everything so personally.
She is such an idiot. The reason she was hired was because they wanted a dissenting view. The problem lies in her ability to generate HER OWN ideas rather than talking points. Whatever Elisabeth: END SCENE.
GreenLadyHere
evita: Did E cry?? Or is she learning to hold it in? :>)
CPL: Thanks. Looks like she wasn't VETTED either :>)
I am surprised that Barbara Walters has not recruited someone with more experience than a stint on a reality show ( Hasselbeck was on Survivor once) to take Hasselbeck’s place sooner. Sure she is entertaining to watch especially when she starts spouting off the nonsense she does and tries to pass it off as conservatism. However, that gets tiring after a while and very old, and well embarassing.
Repugs are seemingly having a problem in this area!! :>)
No but Barbara Walters tried to get her to simmer down... The more wrong she is louer Elizabeth gets. lol. Barabara said she can be supportive of a candidate (paraphrasing here) but she still needed to be critical and see fault. By the way she sees NO FAULT with Palin. Then she asked E name three qualifications of Palin... then Elizabeth got all testy and said name three qualifications of Obama... they laughed at her HARD (it is so evident that there refuse to assess her merits on their own, but rather want to measure them up against someone else. So Biden is old- versus Palin, and Palin is experienced versus Obama... and no where does anyone just take a look at the LensCrafter model and say... did she REALLY lead a brigade?)
I'm on the west coast and I just had the opportunity to watch the show and I don't know why but I am always stunned at just how ridiculously clueless that woman can be. She is like a programmed robot for the Republican party with no discerning capability of objectivity whatsoever.
Elizabeth didn't like the fact that Joy called Sarah Palin dumb so I wonder how she would feel about "intellectually challenged".
GreenLadyHere
evita: Thanks! Nice summary! :>) LOL! on the "LensCrafter" :>)
Micheline
LOL
rikyrah
Someone outside of JJP is wondering about McCain's Choice College Degree:
From Andrew Sullivan:
Palin: Sports Journalism Major 01 Oct 2008 10:58 am
Don't you think someone who allegedly got a degree in journalism might actually be able to name some papers or magazines she has recently read? (I say "allegedly" because we do not have her college transcript or any other documents allowing us to check her public statements, most of which have so far been lies).
RonnieB
Now, now rik. Just because Barack had to publish a copy of his birth certificate for the benefit of the MSM, doesn't mean that McCain's Choice should have to prove to the country that she graduated college.
I thought you understood white privilege.
parker404
It's about time MSM!! Demand to see her college transcript and degree.
GreenLadyHere
rikyrah: Yaaaaa! It's all about askin' the right question!
Ever since the "5 colleges in 6 years" data emerged, my educational antennae went straight up!! Just the idea that someone can keep a "thread" of coursework going from one college to another in order to complete a degree at the at the 5th one is a strange and near impossibility [even factoring in the WHITE GENE [=privilege]
So, I'll be waiting for the "real answer" on this matter -- which is CRUCIAL to her credibility [O.K. she has NONE!] I'll jes wait. :>)
I can see those college Offices of Instruction scurrying around right now in fear of an investigation - which they cain't support! Let's get their names!! HaH!!
Obama-Biden '08!!
NMP
We know it took her 5 colleges and 6 years just to get a bachelor's. That says enough.
Miranda
I still wanna see her transcript...colleges don't let you just transer credits like that...I wanna see her grades.
MsKitty
When I was in school we called folks like that "professional students."
I asked Jack last week who speaks for Obama in the bloghesphere, today I ask who speaks for Gwen Ifill. She's under siege by the Right and the McCain ass kissing white MSM media for her upcoming book about Obama and other up and coming African American pols. The McCain Campaign had to have known this, but suddently it's a big deal. Why is no one on the Left defending her? Why is no one on the Left asking the same questions about Tom Brokaw who as reported by the NYT yesterday has been acting as a conduit between the McCain Campaign and NBC. To placate McCain, he engineered the demotion of Matthews and Olbermann. What else might he do to placate McCain? Should he be moderating the debate? It would be nice of some black bloggers sarted raising this question?
rikyrah
NMP,
there's a petition going around asking NBC to pull Brokaw from the Town Hall. And, Moveon.org has asked for an explantion as to why he needed to 'mediate' with the McCain Campaign.
NMP
Thanks for the info! Let's help move this forward!
Town
Why is no one on the Left defending her?
I think many on the left think that Gwen Ifill is in the tank for Republicans. The only reason the McCain people are saying that Gwen Ifill is in the tank for Obama is because she's black and we all know that 101% of all black people are voting for Obama...because he's black. I don't see too many people wanting to point that issue out lest they be accused of playing the race card.
RobM
Cowardice is why. alot of people in the media are going to lose access on Jan 20th. Gwen is likely to gain some
Monie
The Republican talking points have blamed minorities, CRA, ACORN etc. for the housing crisis. Well, Business Week has an article debunking the claim that the Community Investment Act (CRA)"forced" banks to loan to low-income/minorities.
By the way, this article comes from one of the "Top 100 Finance Blogs" of 2007----- some of the JJP posters with the Republican/conservative perspective tend to get their propaganda from the likes of Hot Air.
Community Reinvestment Act had nothing to do with subprime crisis
Posted by: Aaron Pressman on September 29
Fresh off the false and politicized attack on Fannie Mae and Freddie Mac, today we’re hearing the know-nothings blame the subprime crisis on the Community Reinvestment Act — a 30-year-old law that was actually weakened by the Bush administration just as the worst lending wave began. This is even more ridiculous than blaming Freddie and Fannie.
The Community Reinvestment Act, passed in 1977, requires banks to lend in the low-income neighborhoods where they take deposits. Just the idea that a lending crisis created from 2004 to 2007 was caused by a 1977 law is silly. But it’s even more ridiculous when you consider that most subprime loans were made by firms that aren’t subject to the CRA. University of Michigan law professor Michael Barr testified back in February before the House Committee on Financial Services that 50% of subprime loans were made by mortgage service companies not subject comprehensive federal supervision and another 30% were made by affiliates of banks or thrifts which are not subject to routine supervision or examinations. As former Fed Governor Ned Gramlich said in an August, 2007, speech shortly before he passed away: “In the subprime market where we badly need supervision, a majority of loans are made with very little supervision. It is like a city with a murder law, but no cops on the beat.”
It is not propaganda. It is fact. Just keep spinning...
Monie
Well, provide us with the facts from a reputable source .......
RobM
Call your legislators now especially the Senators. Sen Chuck Schumer just came on CNBC and acknowledged there is going to be an attempt to stop the mark to market rules because of the crisis. Five letters on why this is a bad idea ENRON. Enron failed because they did not value their derivatives to any market price allowing them to put up nor reserves in case the price moved. They then hid them off the books as capital was required. They failed 80 stock one day, 0 two days later when people realized obligations were greater than the cash they had. Call them and tell them why. The longer this goes on I just want the government to lend them money by by shares. It is becoming clear neither the Democrats or the Republicans can understand that the American Publics information and education level has gone up drastically when confronted w/ a $700,000,000,000 bill. the advantage in owning shares is that you can say no dividends, no pay hikes no nothing till you work out this mess. The cash from the shares will allow lending and I still want the bankruptcy provisions changed to help the homeowner. The philosophic concern of the government running the business is moot because the financial institutions have proven incapable of running their own business
The President can suspend the "Mark-to-Market" rule by Executive Order.
70% of our economy’s liquidity crisis can be solved. By making the Executive Order TODAY to suspend the “Mark-To-Market” accounting practice of corporate valuation mandated by the Sarbanes-Oxley Act, corporations would be able to show assets valued at a more realistic rate thus banks would have the confidence to lend them money and our economy would gain some liquidity without taxpayer money.
Schumer does not want to see this happen because it will work, it will also make action by Congress less relevent and urgent. Dems want to pin this entire debacle at the feet of 'deregulation' and the 'failure of free markets' all for political gain.
Shameful.
RobM
Your ignorance is showing. the President can not by executive order suspend the SarbannesOxley law. It's unconsititutional. OOOPs I forgot you are writing from Dick Cheney's office
When I drive to and from work I keep the radio tuned to KYW 1060 (Philly's top news station). Post RNC I would hear 1-2 McCain ads during each half-hour cycle. That is, until recently. The Obama ads are still running, but I haven't heard any McCain ads since Monday. I was thinking that maybe the campaign was conserving their ad buys for a few weeks down the line, but maybe there's no ads because their internal poll numbers aren't so great and they're spending the money in a more competitive state. If there's no local TV ads in the next few days then it may be the latter scenario.
Town
Riddle of the Day:
We know that McCain -Palin has been threatening Gwen Ifill not to ask Sarah Palin the hard (aka foreign policy) questions. We know that the McCain campaign is going around accusing Gwen Ifill of being in the tank for Obama because she's written. And we know that if Palin turns in a bad performance tomorrow night, Gwen Ifill WILL be blamed for it.
Question: I wonder how comfortable Sarah Palin is or will be around a black woman questioning her?
I ask this because in my observations, the Sarah Palin type of white woman is VERY uncomfortable around black women and intimidated by black women. They don't like it when a black woman questions or challenges them and they tend to get snippy and nasty when this happens.
When I say the "Sarah Palin type white woman," I mean a WW who has not really interacted too much with black women except in a service-type interaction: the cleaning lady, the jolly cashier, the happy receptionist, the sales clerk down @ JC Penney's, the DHL girl etc. When the BW is equal to them or superior in position to them, it's a totally different story. They tend to come from (IMO) a lower social class (the Joe 6-Pack America class) and they tend to stay within their own little group.
If Gwen Ifill really gets down on Palin and challenges her to give a straight answer to the questions (none of this "I'm gonna ask you one mo' time" business), I just wonder how Palin will take that and how that will make her respond to Ifill tomorrow night.
This is assuming that Palin shows up tomorrow night at all.
Val
I don't think her color is the issue Town.
She was intimidated by KATIE COURIC.
My sense is that she is intimidated by women. Men fall for her twirling her hair, batting her eyes, sashaying across the room and are tempted to ignore the crap falling from her mouth. That stuff doesn't fly with women. We don't fall for that because why? We know the tricks. Palin knows this.
So no, color is a non issue. The fact that she is a woman and an intelligent one at that . . . she is scared shi*less.
Town
I think she's intimidated by women in general as well, and she knows that women have got her number. I'm going to be watching her behavior closely tomorrow night. I just have a feeling she's going to come off a little more snarky and snippy with Gwen than she did Katie.
Val
I hope she does. I hope she is snarky at Gwen and Joe. I really do.
More points for Barack.
rikyrah
She doesn't know any Black people. Nobody can prove that she does. A Black woman with an obvious superior education, intellect, and knows her shit like Ifill?
Might as well be a Martian to Palin.
GreenLadyHere
Town: When I say the "Sarah Palin type white woman," I mean a WW who has not really interacted too much with black women except in a service-type interaction: the
Alaska: 75% White; 4.4% Black; 3.4% Hispanic and rising; Other: Eskimo/indigenous population
RNC Convention: 98% White; 36-Black delegates
ENOUGH! :>)
Obama-Biden '08!!
Town
"I mean a WW who has not really interacted too much with black women except in a service-type interaction: the cleaning lady, the jolly cashier, the happy receptionist, the sales clerk down @ JC Penney's, the DHL girl etc. When the BW is equal to them or superior in position to them, it's a totally different story. "
What I mean by this is the WW will be totally cool with Frykesha the cashier at the dry cleaners and Louwanda the cafeteria lady, but has problems with Karen with the Masters Degree or Latoya her boss.
RobM
London Calling: It’s time the kid gloves came off and we started expecting the best from Palin. Whether she can deliver it, is up to her.
read the rest:http://timesonline.typepad.com/alphamummy/2008/10/should-we-give.html
s
Democrats have tried to cast blame for the credit-sector meltdown on deregulation, and point to the repeal of the Glass-Steagall Act as the linchpin. The repeal came in 1999, though, and it did nothing to cause the real cancer at the heart of the crisis: wildly overvalued mortgage-backed securities issued by Fannie Mae and Freddie Mac. If Democrats don’t believe that, they can ask one of their own:
A running cliché of the political left and the press corps these days is that our current financial problems all flow from Congress’s 1999 decision to repeal the Glass-Steagall Act of 1933 that separated commercial and investment banking. Barack Obama has been selling this line every day. Bill Clinton signed that “deregulation” bill into law, and he knows better.
In BusinessWeek.com, Maria Bartiromo reports that she asked the former President last week whether he regretted signing that legislation. Mr. Clinton’s reply: “No, because it wasn’t a complete deregulation at all. We still have heavy regulations and insurance on bank deposits, requirements on banks for capital and for disclosure. I thought at the time that it might lead to more stable investments and a reduced pressure on Wall Street to produce quarterly profits that were always bigger than the previous quarter.
“But I have really thought about this a lot. I don’t see that signing that bill had anything to do with the current crisis. Indeed, one of the things that has helped stabilize the current situation as much as it has is the purchase of Merrill Lynch by Bank of America, which was much smoother than it would have been if I hadn’t signed that bill.”
In fact, the repeal made it possible to rescue depositors from the collapse of banks and protect FDIC funding, keeping taxpayers from footing the bill for the collapse. And the repeal was no partisan project, either; it passed 90-8. Thirty-eight Democrats in the Senate voted for the repeal, including Barack Obama’s running mate, Joe Biden, as well as Chuck Schumer, John Edwards, Chris Dodd, John Kerry, Joe Lieberman, and others. In other words, a Democratic President signed it, and it had the support of members of every Democratic ticket since then — including Obama’s.
Obama wants to blame Republicans for transparent political purposes. Phill Gramm wrote the bill, and Gramm has been an adviser to John McCain. That makes this a convenient target for the Democrats, but Clinton won’t play along with it. He insists that the repeal of Glass-Steagall was something he supported on his own, and that it had nothing to do with the financial crisis we see now.
Democrats don’t want to talk about the real problems at the heart of this crisis. Fannie Mae and Freddie Mac created an artificial demand for loans by buying up bad paper and turning them into overvalued MBSs. When regulators tried to report accounting irregularities, Democrats like Barney Frank, Lacy Gray, and Gregory Meeks accused them of racism. Some Republicans, such as Chuck Hagel, McCain, John Sununu, and Elizabeth Dole, tried bolstering the regulation of Fannie and Freddie, but Democrats succeeded in blocking those attempts.
Neither Glass-Steagall nor its repeal could have stopped Fannie Mae from selling overvalued bonds and creating a Ponzi scheme in the housing industry. That was Congress’ job, especially after OFHEO and Alan Greenspan warned them of the impending collapse. Democrats in Congress made sure nothing got done to resolve the problems before the collapse occurred.
Val
In March 2007, Obama Called on Paulson, Bernanke to Address Economic Crisis
Long before the Wall Street banks imploded in a wave of subprime mortgage defaults and home foreclosures, congressional lawmakers had called upon Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke to swiftly rein in predatory lenders whose unorthodox practices in the subprime industry threatened to derail the global economy.
Democratic presidential candidate Barack Obama was one of those lawmakers. In a March 22, 2007 letter, Obama urged Paulson and Bernanke to convene a “a homeownership preservation summit with leading mortgage lenders, investors, loan servicing organizations, consumer advocates, federal regulators and housing-related agencies to assess options for private sector responses” to the wave of foreclosures.
Your ignorance is appalling. I will say it and I know it for a fact both parties are so guilty in regard to arriving at this point it is ridiculous. What you fail to understand is that the Republican party insists that no regulation is the best and has done every thing possible to faclilitate a policy of no regulation. This is why we are in crisis not the laws but the failure to police them.
It is time to follow Colin Powell's advice: get mad and get over it. It time to move forward. If you don't have a suggestion to help get out the way.
s
For years, Fannie Mae and Freddie Mac wreaked havoc in the mortgage markets. Between the two, they own around 50 percent of the $12-trillion mortgage-securities market — effectively a monopoly. As Fannie and Freddie sowed the seeds of economic ruin with shady accounting practices, they fattened their coffers and heaped money on their executives. Back in July, William Poole, one of the most respected economists in America, and — until earlier this year, president of the St. Louis Federal Reserve Bank — told Bloomberg that “Congress ought to recognize that these firms are insolvent, that it is allowing these firms to continue to exist as bastions of privilege, financed by the taxpayer.”
So why didn’t Congress do anything about these taxpayer-financed “bastions of privilege” sooner? Lest anyone ask questions about what they were up to, Fannie and Freddie also showered elected officials on Capitol Hill with campaign cash to keep their mouths shut and vociferously defend their accounting practices.
After the Office of Federal Housing Enterprise Oversight (OFHEO) issued a damning report about Fannie and Freddie’s troubling accounting practices in 2004, the Republican majority at the time held hearings. At those hearings, Democratic congressman Gregory Meeks (D., N.Y.) said the report’s findings suggested to him that OFHEO was incompetent, and that accusations of fiscal malfeasance at GSEs made him “pissed off.” Meeks didn’t just disagree with OFHEO’s report — he browbeat the bean-counters for daring to look after the taxpayer, in an obvious attempt to discourage their investigations. But because Meeks was waxing poetic about his anger at OFHEO, instead of the real culprits at Fannie and Freddie, now millions of responsible taxpayers have a reason to be . . . ticked.
During the savings-and-loan crisis, senators who merely sat in a room with banker Charles Keating while he tried to discourage them from launching an investigation were vilified at the “Keating Five.” How is this any better?
Meeks wasn’t alone in browbeating OFHEO. A parade of notable Democrats lined up to discredit and discourage criticism of Fannie and Freddie. Rep. Lacy Clay played the race card, claiming OFHEO was engaged in a “political lynching” of Franklin Raines, an African American who was Fannie Mae’s CEO at the time. “I don’t see anything in this report that raises safety and soundness problems,” fellow Democrat Barney Frank said of OFHEO’s report. Does he see anything now? Rep. Maxine Waters further complained the hearings were “trying to fix something that wasn’t broke.” Does it look broken now?
Regulation WAS called for by Republicans, and specifically by McCain. Obama and Dems defeated it. This is a fact.
NO ID
It sounds to me that both sides are equally to blame. It sounds to me that that the bipartisanship which makes everything a Republican does wrong and everything a Democrat does right, and vice versa depending on what side you're on, is what's fucking up the country. Apparently there are right wing R's and left wing D's that agreed on one thing - this bailout is ridiculous. My vote for Obama has become a vote against McCain as a result. Anyone on either side, trying to ram this ridiculous bill down our throats is suspect. And sorry, Obama's going to have to do more than come up with ridiculous analogies about neighbor's houses on fire to convince me that this bill is worth fighting for. I'm appalled at everyone in this mess.
s
Here's a suggestion:
Attach a provision to the bailout plan to make Fannie and Freddie’s documents public. Expose the government corruption as the root cause of the scandal, shifting blame away from the shibboleths that the media and Democrats have latched on to — namely, that the free market failed and deregulation is to blame.
The 2004 hearing revealed Democrats as the more vocal Fannie and Freddie defenders, the corruption runs deep and is likely bipartisan in nature. So be it. Let the chips fall where they may. If Congress is eventually going to demand that taxpayers cough up nearly a trillion dollars to prop up irresponsible actors in the financial sector, it’s only fair we know who in Congress was getting paid to look the other way.
RobM
Damn I wasn't expecting anything out of you. I'll second but I promise you after you see the names starting w/ John McCain's campaign you're going to be sick. You better have a big willow in your back yard because by the time you're finished sending them out to get a switch you are going to need a new tree.
Monie
s, you tend to want to only focus on Freddie Mac and Fannie Mae because of their GSE status and role as a buyer of secondary mortgages and the accounting scandal that occurred in 2004. And i, by no means is excusing the financial mess they are in now. But we also need to address the fall of INVESTMENT banks like Bear Stearns, Lehman Brothers and so on-----and primarily their downfall came from toxic securities that were rampant due to deregulation. Investment Banks were never in the business of giving out mortgages....Bear Stearns like many other investment banks bought unregulated financial instruments like collateralized debt obligations (CDO's) and engaged in credit default swaps.
Here's an excerpt from a NY Times article from April 2008 discussing Bear Stearns collapse, one of the first financial institutions to go under in this financial crisis:
The Regulatory Failure Behind the Bear Stearns Debacle
Bear Stearns never ran short of capital. It just could not meet its obligation. At least that is the view from Washington, where regulators never stepped in to force the investment bank to reduce its high leverage even after it became clear Bear was struggling last summer. Instead, the regulators issued repeated reassurances that all was well.....
The S.E.C. assumed that Bear, or any other investment bank, could always borrow against securities it owned. It assumed that lenders would put up at least 93 percent of the value of those securities, and as much as 97 percent for the safer ones......
....some of the blame for the current credit crisis to international regulatory competition, in which national regulators, fearful of seeing business go overseas, dared not be too tough.
Instead, regulators from around the world agreed on common capital standards, the latest version of which is known as Basel II. That standard has loopholes that allowed banks to add lots of leverage, some of it pushed off balance sheets in ways that obscured the risks that remained and minimized the apparent need for capital. The job of determining the risk of various assets, and thus the amount of capital needed, was largely subcontracted to bond rating agencies and to the banks themselves. ...
It is no coincidence that the crisis of 2007 and 2008 had its origin in unregulated financial products traded in unregulated markets. Ever since the Great Depression, the government has tried to limit the leverage available to the public in the American stock market. But regulators, led by Alan Greenspan, the former chairman of the Federal Reserve, thought innovation would be hampered, and financial activity driven overseas, if there were any attempts to impose limits on leverage in the unregulated markets.
The Treasury Department regulatory overhaul proposal introduced this week had its genesis in a move to relax regulation to make American markets more competitive.
The proposal took for granted the benefits of financial innovation, but unfortunately was released just when that innovation was shown to have failed in ways that left the American credit system largely dependent on government guarantees to function at all. Few mortgage loans are now being made without some kind of guarantee from the government or from government-sponsored enterprises, and investment banks now have the assurance they can borrow from the Federal Reserve.
From the BBC website on September 16
.....Why did Lehman fail?
Lehman Brothers was the fourth-largest investment bank in the United States.
It was considered one of Wall Street's biggest dealers in fixed-interest trading and was heavily invested in securities linked to the US sub-prime mortgage market.
With these investments now shunned as high risk, analysts say it was inevitable that confidence in Lehman Brothers would likely be hit - particularly after the collapse of Bear Stearns earlier this year.
In its June to August period last year, the bank said it would make write downs of $700m as it adjusted the value of its investments in residential mortgages and commercial property.
One year on this figure soared to $7.8bn, which last week resulted in Lehman reporting the largest net loss in its history. The bank also admitted that it still had $54bn of exposure to hard-to-value mortgage-backed securities.
As a result, Lehman saw its share price plummet more than 95%.
Despite having access to cash reserves, worried investors pummelled the firm's shares last week after talks to raise billions of dollars from outside investors ran into a brick wall.......
The fail of Fannie Mae, Freddie Mac, Bear Stearns, and Lehman Brothers and others come from a systemic failure of deregulation.
Anderkoo
Why bother trying? s is just going to come back with talking points that don't respond at all to what you've just posted.
wasting your time
Monie
You're right....I just like to provide facts to people...but it is apparent he/she believes in the propaganda....I just hate to see people so misguided
They're crying like some folks were whining about Rev. Wright yet to be published book... Well, Ifill has her's which is scheduled for release on Inauguration Day.
LOL... They have an "update" that the McCain campaign didn't know about Ifill's book. The question is: what does the McCain campaign know about anything?
It's like Tim Wise's latest entry at Red Room... Republicans don't take responsibility for anything.
Conservatives are so racist that they believe that all black people are in "the tank" for Obama anyway! They are so racist that cannot see how politics are "CHANGED" because of Obama's appearance on the scene and current success- despite winning or losing this election. Yes, it will be further and forever changed on Nov 4th when the citizens of the US and Obamas walk away with the realization that government can be of the people and for the people- once again. That's what's Ifil's book is about- noting the change.
Republicans are only thinking about the election, which is to be expected, but it is myopic at best. What is sad is that they have not raised their own expectations beyond- "this guy is black," to recognize that what he brings new to the table of politics are his IDEAS, his LENS, his BRILLIANCE, and his PATRIOTISM.
Palin is going to be further exposed when Ifils represents her own intelligence and knowledge of politics in the room with the woman candidate who isn't fit to intern for Ifil.
No one has read the book, so no one knows how Gwen Ifill writes about Barack Obama.
I've seen her on MTP being very critical of him.
Val
So have I. Ifill is objective but Craig -- I like the spin of the McCain campaign.
So when we all watch tomorrow's debate, my expectation is that the American voters will clearly see that this is just another bucket of horsesh*t tossed in from the McCain campaign to cover up John McCain's bad decision for picking Sarah Palin for VP (especially after we watch her response to Roe vs. Wade tonight on Katie Couric). It will be sweet justice.
Let them spin like the busy little spiders they are. My sense is that the training sessions at McCain's ranch is not working just like the previous two debate sessions with her other handlers did not work. They are frantically trying to cover their as*es.
Spin, busy spiders, Spin.
Town
They know they are for "white COUNTRY FIRST". A REAL American President for REAL Americans.
GreenLadyHere
Town: I was bringing this article. But it feels appropriate right here:
- As Sen. Barack Obama strode onto the stage in the cavernous ballroom Saturday night, the audience jumped up, shouting, singing and clapping along with his campaign theme song, Stevie Wonder’s “Signed, Sealed, Delivered, I’m Yours.”
That full-throated welcome from the huge, overwhelmingly African American audience at a Congressional Black Caucus dinner was tinged with growing confidence that victory — and history — may be within reach.
Recent polls show Obama opening up a lead over Sen. John McCain, both nationally and in some key battleground states, particularly on economic issues. The consensus among many analysts was that Obama held his own in last week’s debate, which focused mainly on foreign policy, an issue considered one of his Republican rival’s strengths. And Obama’s black supporters continue to maintain a disciplined, united front, eschewing internal debates that could undermine his candidacy.
Good News!! :>) Every VOTE COUNTS!! :>)
Obama-Biden '08!!
Val
it won't work.
Problem is -- Palin did herself in. No outside influences were involved. We all say it and SNL hammered it home.
gaiilonfong
the "diva of wingnuttia"(h/t Digby) MalKKKin going after Ifill now........They are so deserate, I refuse to link to that heffa's site, but she said that "Ifill when criticized uses the racist card". There are no words for that biotch!
Sepia
I read her article. More proof that the right is scared that Palin will screw up.
Val
Palins' finances unusual for Alaskans Family owns plane, two boats
On Hugh Hewitt's radio show, Sarah Palin calls herself "an everyday working class American" -- . A check of financial records, though, shows the Palins live anything but a common life when compared with their fellow residents of their hometown of Wasilla.
Their combined income of nearly a quarter-million dollars last year was five times the median household income for Wasilla's 7,000 residents. They own a single-engine plane, two boats, two personal watercraft and a half-million-dollar, custom-built home on a lake that is worth three times the average of other homes in town.
She lives in a two-story house built in 2002 and located on more than 2 acres overlooking Lucile Lake in Matanuska Susitna County, about 40 miles north of Anchorage.
The couple also own four lakeside parcels, described in county records as "recreation" sites. They encompass 35 acres of forest along Trapper Creek near Safari Lake, north of Wasilla, and were appraised this year at $102,700.
The total tax bill on the couple's five properties, according to the records, was $7,662. The Palins reported no debts in disclosure documents filed by the governor other than the mortgage on their home.
State records also show that Mr. Palin has a pilot's license, owns a 320-series Piper single-engine airplane and two boats, a 22-foot Pacific Skiff fishing boat and a 22-foot homemade aluminum fishing boat. He also owns two Bombardier personal watercraft, valued at about $7,000.
What I want to know is, when is it going to be revealed that Todd is the shadow governor of Alaska, and Sarah is the face.
Town
Maybe that's why the reports of Todd being upset are coming out: He's come to the realization that a) he ain't gonna be the shadow VP and b) all these other dudes have X'd him out of the picture.
Val
Troopergate Witness Flips Like a Pancake
Murlene Wilkes, owner of Harbor Adjusting Services, and holder of a $1.2 million/yr. contract with the State of Alaska to handle workers compensation claims, apparently told a big fat fib. When Branchflower asked her if the governor’s office had ever asked her to deny a workers compensation claim for Palin’s ex-brother-in-law Trooper Mike Wooten (the trooper in “Troopergate”), she said no. Never. Really.
Mike Wooten, of course, is involved in a bitter custody dispute with Palin’s sister Molly. The Palins do not like him. Some say they have made a vengeful and personal sport out of ruining his career.
Problem is, that there are actually honest people in the world….and one of them works for Murlene Wilkes at Harbor Investments. This unnamed worker made a little phone call to the tip line that Branchflower set up at the beginning of the investigation. According to the tipster, yes indeed, the governor’s office DID put pressure to deny the claim.
Hard evidence contradicting sworn testimony has a certain effect on people. Murlene Wilkes, faced with this situation, decided to change her testimony according to a report in The Public Record. Now, with the little extra incentive of avoiding perjury charges, she has admitted that she was asked to deny the claim - at the direct request of Sarah and Todd Palin.
Lying under oath = PERJURY + CRIMINAL CHARGES = JAIL
Not too hard to see what that "something" is. Ms. Wilkes can be put on trial for lying under oath and prosecuted. Not to mention being fired by the Alaskan State Government for using her office to abuse her authority at the request of the Governor.
If Arnold Schwarzeneggar even smelled like he'd use his position as Governor of California to try shyt like this, he'd face a ballot initiative to recall his ass within 30 days of it being discovered.
I should know - they got rid of Gray Davis for actually trying to do his damned job, which included taking Enron to court for price goughing the state of California back in 2001 during the energy crisis. If California can recall a governor for THAT shyt, they would sling Ah-nold under the bus.
I'm still wondering how the hell this woman got elected as Governor of Alaska, given that she doesn't know a damned thing, and only has a community college education with no evidence she actually received an academic degree in ANYTHING.
Val
There was a lot of buzz a few weeks ago when the McCain camp accused Barack Obama of pushing the idea that Palin was a Pat Buchanan supporter and because of that pushback the let the story drop stating it wasnt true. But it wasn't the Obama campaign that initiated the story -- But I recalled hearing that same statement from Pat the day she was announced as McCain's vp pick and found the commentary on youtube. http://www.youtube.com/watch?v=U9rZkJfKoEU
Jump in the "40-something" pool, the water's nice!
Forty is the new "30"
rikyrah
Happy B-Day. :)
have a good one.
Val
thnx. :-)
Justice58
Val,
Happy birthday! Hope your day is filled with love & happiness! Yay!
Val
Thanks. My kids made me a card and gave it to me before they got ready for school and I am feeling blessed.
I have three 7 year olds and a 4 year old. The card is homemade and it reads -
Dear Mommy,
You are a pretty queen. Have a super birthday. I hope you like your birthday. We love you really really much!
Love: Brianne and Christian. P.S. Happy Birthday from Hunter and Jacob too because they forgot to make their own card.
XOX
Anderkoo
That's so sweet! Happy bday!
Val
thanks Anderkoo. I love my kids. :-) They bring a smile everytime.
NO ID
happy birthday......the 40's are interesting, to say the least! But yeah, I must ask....twins, triplets, stepchildren....the three 7-year-olds stood out :-)
Val
triplets.
jelana
Wow! My daughter has twins--a boy and girl. I cannot imagine a 3rd child in the mix. Kudos to you.
time
Just precious! "Pretty Queen"!
MsKitty
Awww.
Welcome to the fortysomething club.
Justice58
Val,
Awww...such sweeties! That is so precious coming from the little ones! It can't get any better than that. Enjoy your day!
Sepia
Awww! That's so sweet! Happy Birthday Val!
Val
thanks Sepia.
rorysmomma
Happy Birthday Val, may you have many more!!!!! Shoot, party the whole month of October, and maybe we will get to have the ultimate birthday party in November!!>
Val
AND THERE YOU HAVE IT. lol
Wouldn't that be great. Initially I was going to have a party but I thought about it and told family and friends it would mean a lot more if they would make a donation to barackobama.com instead.
Having an Obama/Biden win in November would indeed be a great birthday present.
Monie
Happy Birthday.....asking your family to donate is so sweet of you.....Cheers to you for a milestone birthday and to a monumental year for us all when Obama gets elected!!!
Val
Brilliant video. I had chills all up and down my arms.
Whitney knocked that one out of the park. Still gives me chills
TruthSeeker
I thought this ad was great because of the emotional impact. Wolves look like dogs, and we know Americans hate anyone who hurt dogs. There's also a sense of fairplay. Why kill wolves gratuitously. I was concerned that some hunters might take offence..but I think most hunters have a sense of fairplay...there's nothing fair about a bounty on wolves.
ANCHORAGE — Ask a governor if she'd be happy with a 68 percent approval rating and she'd probably laugh at the question. It usually doesn't get much better than that.
For Alaska Gov. Sarah Palin, though, that represents a hefty drop.
Since John McCain tapped the first-term governor to be his vice-presidential running mate, Palin's sky-high home-state approval ratings have come down to Earth.
Above 80 percent approval for parts of her term — she was at 82 percent in a key local poll twice this year — Palin's popularity has swooned as new information about the local abuse-of-power investigation known as troopergate has trickled out, and as national and local media pick over her track record as a governor and small-town mayor.
Palin still has overwhelming support among Alaska Republicans. But many Democrats and independents, who gave her positive marks just a month ago, have changed their view.
Every once in a while we hear tha sound of hoofbeats on the Mudflats…. Hark! Is that…..a horse? Why yes, it’s our trusty white knight Representative Les Gara galloping up to deliver his latest opinion piece on the Palin debacle. He unfurls his scroll and reads…
Over the past few weeks we Alaskans have been scratching our heads over the interesting claims the McCain campaign has made about our Governor. A lot of them have been news to us. Governor Palin’s nomination to the McCain ticket has created unusual common ground for Alaskans. Whether we support her or not, we’ve been furrowing our eyebrows a lot lately as we watch the McCain campaign re-write Alaska history.
OK…I was really peeved at the New Yorker after that horrible cover of Barack and Michelle Obama doing the “terrorist fist bump” by the warmth of a burning flag, and a portrait of Osama bin Laden. This was supposed to be how “uneducated people” felt about Obama…you know…satire…hahaha.
When you have to tell people it’s supposed to be funny, it isn’t.
I’ve been harboring a grudge since July.
Then, a few weeks ago, they linked to Mudflats. That softened me up a little, I admit.
Now, I’m calling it even. It feels good to forgive.
The New Yorker cover is GREAT!!! :>)
Obama-Biden '08!!
GreenLadyHere
rikyrah: Guess what? I could not get through to The Mudflats -due to excessive traffic! Isn't this GREAT!?
Errybody is headed to Alaska!! Mush you huskies!! :>_)
Texas_Girl_in_LA
Don't forget.
Bill Clinton campaigning for Obama in Florida Oct. 1 (today)
Change We Need Rally with President Bill Clinton
UCF Arena Plaza (they had to move it to this new venue because demand was high) North Gemini Blvd Orlando, FL Program Begins: 12:00 p.m.
and
Historic Downtown Fort Pierce Marina Square Between the Marina and the Library on Melody Lane Fort Pierce, FL Program Begins: 2:45 p.m.
As the stock market recovers from its biggest single-day stock market drop since the crash of 1987, a former federal regulator who had a front-row view of John McCain's role in the Savings and Loan scandal says he is repeating some of the same mistakes.
William Black -- a deputy director of the Federal Savings and Loan Insurance Corporation during the "Keating Five" scandal that nearly ended McCain's political career -- says the Arizona Republican's chief errors at the time were underestimating the importance of regulation and relying too heavily on slanted advice from captains of industry. "In the S&L crisis, he took his advice from the worst [kind of] criminal. Charles Keating is the person he went to for his policy advice," Black said. "Now, he certainly is getting advice from Phil Gramm, Carly Fiorina, Rick Davis -- the whole group of economic and top political advisers are lobbyist types. He just doesn't seem to get it, ever, that the advice is going to favor their clients. Even if they just stop being lobbyists, you can't just turn that off instantly. Its their mind state that develops. ... The biggest lesson is that, when you deregulate and de-supervise, you create an environment where control fraud emerges. You hyper-inflate bubbles; you get criminalization."
SKIP
Now, as McCain echoes Barack Obama's call to raise the FDIC insurance level from $100,000 to $250,000, Black believes the idea that FDIC insurance rates ever caused the S&L crisis can finally be put to rest as being "complete bunk."
Yet, despite being a withering McCain critic, Black isn't completely sold on Obama, either. While he notes with some satisfaction that the Illinois Democrat "did at least try to do some stuff on the regulation of subprime [mortgages] a couple of years ago, he wasn't on key committees." Overall, on financial regulatory matters, Black says Obama is "really somewhat untested. I'm not sure exactly what he would do." But Black notes that the "experienced" candidate is the one most likely to be tagged with responsibility for the current mess. "McCain purports to be on the committee that dealt with everything. [Meanwhile], he did nothing on subprime mortgages for years."
I took some rather large SNIPPETS, BUT it was ALL GOOD!! The article SPEAKS!!! :>)
Yes, I readily admit that I purchased Whitney's version of "The Star Spangled Banner" back in the day.:)
Also, from the October 2008 issue of Vogue, an extended excerpt of their feature story on Valerie Jarrett.
Barack's Rock: Valerie Jarrett
Senator Obama has one secret weapon in his wife, Michelle. The other is his chief confidante and valued adviser, Chicago businesswoman Valerie Jarrett. Just who is this hidden tower of strength?
Watch these videos of a McCain interview at the Des Moines Register. It is chilling, especially the responses to females. He is seething with rage, pious - thinking his military service sacrosanct. This man is full of rage and is arrogant.
Almost everyone in the room raises their hand for Obama, but the Fox News reporter says the room is "split."
The really funny thing is that an old man in the back starts to raise his hand for McCain, but his wife slaps his hand down.
nickwah22
I like how the woman smacked ole boys hand down. This is why we don't listen to polls!
GreenLadyHere
Anderkoo: LOL! Again! :>) :>)
rikyrah
that was funny. it was like, um, what vote did you just take?
Anderkoo
The crisis on Wall Street is not a conspiracy and something that will affect you and me, sooner or later. When the roots are cut off, it takes a while before the leaves notice -- but by the time they do, it's too late.
http://www.nytimes.com/2008/10/01/business/econ... : "It’s not enough to say that markets could freeze up, loans could become impossible to get and the economy could slide into its worst downturn since the Great Depression. For now, the crisis has had little effect on most Americans, beyond their 401(k) statements. So to them, the specter of a depression can sound alarmist, and the $700 billion bill that Congress voted down this week can seem like a bailout for rich scoundrels."
http://www.nytimes.com/2008/10/01/business/01mu... : Cities and towns are cutting back on projects. It's unlikely we'll go back to the era of cheap bonds -- which means (a) lower spending on important projects, or (b) higher taxes, or (c) both.
http://www.nytimes.com/2008/10/01/business/01au... : End of the line for the auto industry? I have no love for them, but that will be a lot of lost jobs for Americans -- and that will pump up defaults even more...
rikyrah
The Chicago White Sox AND The Chicago Cubs are going to the Playoffs!!!
YES!!
Anderkoo
Let that be a sign for the other team from Chicago!
rikyrah
Senator Country Last had an 'interesting' interview with the Des Moines Register.
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