Posted on 07/18/2008 5:11:48 PM PDT by Sub-Driver
McCain Adviser, Phil Gramm, Leaves Campaign NEW YORK (CBS) ― Phil Gramm, a top adviser to presidential candidate John McCain, is resigning from the role as campaign co-chairman after his comments that the United States had become a "nation of whiners" who constantly complain about the state of the economy.
The former U.S. senator from Texas and past presidential candidate made the remarks earlier this month. McCain immediately distanced himself from the comments, but they have been criticized constantly as McCain tries to show he can help steer the country past its current financial troubles.
Gramm had also suggested that the country was facing a "mental recession" instead of real economic problems. Gramm said in a statement late Friday that he is stepping down as a co-chair of the campaign to "end this distraction."
(Excerpt) Read more at wcbstv.com ...
Phil Gramm wouldn’t know Truth if it bit him.
He’s the fool in the Republican Party that gave us the ENRON loophool for speculators that is now driving oil per barrel prices.
Good riddance. Now if McCain would please bow out and a “Robert Taft” Republican candidate were to take his place...
Not that I care much for Phil Gramm, but once again, please tell me what he said that wasn’t true?
Did you make that up? It would explain why folks were so eager to see Gramm go. According to NumbersUSA, Gramm's voting record does not allow them to come to that conclusion.
I honestly think people are taking out their frustrations about McCain on Gramm, and I’m beginning to get the distinct impression that few actually know who he is.
My frustration with McCain is that he instantly threw Gramm under the bus!
Amazing how short memories are these days.
Think about that for a minute. You have people (mostly) complaining about the problem, when they are the problem. It's beginning to appear that Gramm's coining of term "mental recession" was apt.
Was this the thread where someone literally fell over himself to post an attack piece on Gramm from a liberal blog?
You asked me a question and I answered it. Quit being so sensitive.
Not at ALL. I don’t know why you’re so into the gotcha game but since when does my opinion mean so much to you as to be so mean? If I’m so wrong, leave it alone and get over it.
The bankers are depressed because they have lost a lot of money.
My fear is inflation. Gas prices up to a point I can live with.
Super high interest rates again like in the Carter years....a direct result of high oil prices for an extended period....would kill my ability to borrow money and build things.
Oil prices coupled with increased demand for construction materials from China and India along with record commodities prices does at least to me foreshadow inflation.
But like I said earlier, the Fed is reluctant to raise rates while so many large financial institutions are reeling from bad housing loans and loan bundlings and derivatives write offs.
If I had the cash flow problems like UBS, Citibank, Bear Stern, First Tennessee....I would be broke as hell.
(Fairhope HS 1975)
Hiding your own property is not a crime.
the Fed is reluctant to raise rates while so many large financial institutions are reeling from bad housing loans and loan bundlings and derivatives write offs.
He told the truth. I think, in a Presidential campaign, he might have chosen his words better. Now that the Dems have that quote to use, it’ll be crippling to McCain an just encourage the Dems to close ranks around Obama.
In another age, it might have been forgotten or galvanized conservatives. Not these days. Certainly not for Republicans.
Pretty much. Dem staffers have to continually plant their foot in it before they are jettisoned for cause.
But tax fraud is, my dear man, tax fraud is.
That’s another gripe I have with ‘conservative’ GOPers...Why do we have to keep reminding them of the incredible double standard with regards to how conservatives and liberals are treated in the media? They should know by now to choose there words very carefully.
But it is a HUGH shame that frankness is disallowed in modern political debate. Of course the would change of the right (pun intended) personality came to the fight.
Truth?
Gramm is not feeling the impact of what his actions have wrought. To the contrary, he and his wife benefitted quite nicely from them.
And the folks he calls whiners? I can't imagine what someone would be whining because the price of heating oil doubled in one year. Or that the value of their take-home pay is steadily being devalued by the Fed and Congress to bail out the culprits in the subprime fiasco.
You really need to stop and think how your comments are evaluated by those who are suffering economically as a result of the actions of corrupt politicials like Gramm.
>>>>Our economy is in trouble. Face it.<<<<
Proof pleae, how is “our economy” unique?
SE Asia has also experienced a housing bubble with some properties down 50 percent in less than a year.
So it’s a little unclear what you’re saying.
Getting kind of crowded under the buses of both candidate.
>>>>>Gramm works for UBS, the Swiss Bank that was helping American Millionaires hide their cash illegally in Switzerland.<<<<<<
So you’re saying that Phil Gramm was “working for” a $14 billion bank with 75,000 employees and that he - and he alone - was responsible for the long history of tax evasion orchestrated by European banks, UBS being just one of many?
Yuh. Sure. That’s VERY convincing. /extreme sarc
I am not saying that he is responsible in any way. But the Swiss Banking Industry is founded on hiding money. Often the money is drug money, illicitly gotten, mafia, or just stolen from others. That’s just a fact. Swiss Banks have been helping people to illegally avoid paying the taxes that they are supposed to and have done it basically forever.
The Second World War was a catastrophe for most countries, but Switzerland did quite well, thank you.
My point is, Phil Gramm makes a very nice living working for this bank, and I am sure that he is not “whining” about his income.
I still consider myself a Phil Gramm fan, but his public remarks were arrogant and wrong-headed.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.