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CNN's Crowley: Obama Team Wanted 'Horrific' Wall Street Headlines
NewsBusters ^ | Sept. 16, 2008 | Noel Sheppard

Posted on 09/16/2008 12:33:06 PM PDT by FocusNexus

Do you think the recent stock market collapse or troubles in the banking system are good news?

Well, according to CNN's Candy Crowley, the Obama campaign does.

On Monday's "Anderson Cooper 360," after CNN senior political analyst David Gergen said "what happened over the weekend with the economy and the bottom falling out of the financial markets...is the opportunity for Obama to seize the momentum back on his side," Crowley actually said, "[J]ust as foreclosures were showing up on B-17, or in the real estate section, along comes this horrific headline out of Wall Street...I mean, this is what they wanted."

I kid you not. The transcript of this disgraceful exchange follows (video embedded right, h/t Steve Malzberg):

(Excerpt) Read more at media.newsbusters.org ...


TOPICS: Business/Economy; Front Page News; Politics/Elections
KEYWORDS: 2008; business; clintonlegacy; democrats; economicpolicy; economy; elections; franklinraines; gorelick; mccainpalin; nobama08; obama; obamabiden; wallstreet
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To: FocusNexus

This isn’t only about Obama. It is about Liberals and Socialists in general. What Conservative did not know the economy was going to be in a “crisis” this election year?

There are myriad reasons for this economy and the Rats lust for power is one of them. Fuel prices, the ethanol boondoggle, the real estate bubble bursting and poor lending practices by lenders are the main players in this shrinking economy and the Socialists will cry, “The sky is falling”, and have done so, in order to intensify the effect.

If McCain is smart, this will not be a problem for him. If we have a problem, Barack Obama is not our solution. His solution for our economic woes is to provide 95% of Americans with a tax break. For those playing at home; 40% of Americans pay no taxes. So, what Obama is proposing here is Welfare and income redistribution.

Where liquidity is a problem and where the economy is experiencing a capital crunch; raising taxes on those earning $250,000 or more, not only is not a solution, but will have the economy in recession, approaching depression.

Obama’s other “solution”, you guessed it; more government largess. Those people who were given bad loans will be given help so they can continue to make payments on the mortgages they can’t afford. Oh yeah, that’ll work. Obama is a genius!

Lastly, McCain needs to make all of these points over and over and run against Congress, even though he is part of it. An eighth grade civics student should know: Congress controls the purse strings. And who has been in charge of Congress the past 2 years? What was the price of gas when Pelosi and Reid took charge? What was the condition of the economy? My advise to the American-hating Rats is: Be careful what you wish for, ya just might get it.


21 posted on 09/16/2008 1:18:39 PM PDT by WildcatClan (The world is full of fatheads; so I invented Diet Shampoo)
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To: FocusNexus
The Democrats WANT the American people to suffer, just so they can grab power.

Well-known fact. They would welcome a nuclear strike on an American city if it meant getting their people in office. A party that would call the President Bushitler, because it has s**t and Hitler in it, can't be out for our best interests. When Bill was lying right to the camera, they said he deserved respect because of the office. It's all a one-way street.

22 posted on 09/16/2008 1:20:29 PM PDT by webheart (All sarcasm contained in this post is intentional, and does not necessarily reflect a real opinion)
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To: FocusNexus

The Democrats put Party before Country every time.

What is good news for America is bad news for the Democrats when a Republican administration is in power.

I’m waiting for Louis Freeh and Jamie Gorlick to go before Congress and explain themselves magically appearing in yet another scandal.


23 posted on 09/16/2008 1:22:20 PM PDT by weegee (Say no to the Marxist who "denounces" the 911 terrorist attacks and yet befriended a Pentagon bomber)
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To: webheart

They said that impeachment of Bill Clinton would be bad for the stock market and that we must endure his administration for the sake of the nation.


24 posted on 09/16/2008 1:23:17 PM PDT by weegee (Say no to the Marxist who "denounces" the 911 terrorist attacks and yet befriended a Pentagon bomber)
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To: FocusNexus
The RNC or an allied 527 need to put out an ad immediately showing the top receivers of political donations from Fannie, Freddie, Wachovia, Lehman Brothers; then show the Dodd / Biden links to the legislation protecting the lendors from "the little guy" going belly up.

The RNC needs to pound the link between the Clinton Democratic political appointments for Fannie and Freddie, their compensation and the fact that all of this was done with with huge PAC contributions pack to the Dems. They need to close with the question how Obama is going to fix it when he and his allies profit from and quote that these financial troubles help the Democrats.

25 posted on 09/16/2008 1:35:21 PM PDT by fatez ("If you're going through Hell, keep going." Winston Churchill)
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To: FocusNexus

bump


26 posted on 09/16/2008 1:44:50 PM PDT by fso301
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To: fso301

bump


27 posted on 09/16/2008 1:54:49 PM PDT by ConservativeMan55 (Obama is the Democrats guy. They bought the ticket, now they must take the ride.)
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To: Deo volente
Obama, the ENTIRE democrat party and 99.99% of the media, cares only about winning, nothing else.

!!!

28 posted on 09/16/2008 1:55:39 PM PDT by top 2 toe red (Elizabeth, what are you doing on the 'View' hanging out with those lipstick wearing Pigs?!?1-402-93)
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To: Dr. Ursus
This is the reason that Pelosi and Reid have done nothing in Congress!
29 posted on 09/16/2008 3:32:47 PM PDT by combat_boots (She lives! 22 weeks, 9.5 inches. Go, baby, go!)
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To: jersey117

They’re just upset that they didn’t get a good hurricane during the Pub convention.


30 posted on 09/16/2008 4:54:14 PM PDT by glorgau
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