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To: Brian_Baldwin

I saw it too. It was depressing. Got 2 calls from family members after that. Both said we are not going to win this one.


29 posted on 09/30/2008 6:26:37 AM PDT by dforest
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To: indylindy
I saw it too. It was depressing. Got 2 calls from family members after that. Both said we are not going to win this one.

Same here. Saw the interview before I left to walk the dog and that routine task had more excitement than the interview. I kept waiting for McCain to make some suggestions and then he said he was for increasing the FDIC cap from $100,000 to $250,000 that Obama had already proposed. A totally worthless interview, IMO.

Here are some suggestions Newt made on Greta last night. The President can do some of these himself without the Congress. They deserve to be discussed if nothing else. Instead we get arm waving. Bah!

Gingrich's four-point plan includes:

(1) suspending immediately mark to market provisions (the accounting practice of valuing a financial position in an investment at its current market price) in the hopes of stopping the downward spiral in asset values and eventually replacing it with a three year rolling average;

(2) repealing immediately Sarbanes-Oxley, the 2002 accounting law Gingrich described as "an enormous drag on small business";

(3) setting the capital gains tax rate at zero "matching the Chinese and Singapore" (to encourage private capital to flood into the market picking up properties without the taxpayers being at risk); and

(4) passing an "extraordinarily powerful" energy bill ("to return $500 billion a year to the American economy that are currently going overseas").

http://www.freerepublic.com/focus/f-news/2093620/posts

82 posted on 09/30/2008 6:44:32 AM PDT by CedarDave (NO TAXPAYER BAILOUTS FOR ACORN!!)
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