RUSH: McCain is on message, and Obama is clueless.
McCain Hammers Obama on Connection to Raines, Johnson
Posted on 09/21/2008 4:57:31 AM PDT by Alas Babylon!
The Talk Shows
Sunday, September 21st, 2008
Guests to be interviewed today on major television talk shows:
FOX NEWS SUNDAY (Fox Network): Treasury Secretary Henry Paulson; Sens. Jon Kyl, R-Ariz., and Charles Schumer, D-N.Y.; Bonnie McElveen-Hunter, chair of the American Red Cross.
MEET THE PRESS (NBC): Paulson; New York City Mayor Michael Bloomberg.
FACE THE NATION (CBS): Paulson; Rep. Barney Frank, D-Mass.; Sen. Richard Shelby, R-Ala.
THIS WEEK (ABC): Paulson; Sen. Chris Dodd, D-Conn.; Rep. John Boehner, R-Ohio.
LATE EDITION (CNN) : Douglas Holtz Eakin, adviser to John McCain; Austan Goolsbee, adviser to Barack Obama; former Rep. Rob Portman, R-Ohio.; Gene Sperling, former Clinton administration economic adviser; Rep. Ron Paul, R-Texas.
Definition of BORING.....Mayor Bloomberg on Meet the Press.
Why him? What’s he have to do with anything?
No, that's wrong. The date is 1977, under the Carter Administration. That is when the Community Reinvestment Act was passed, in response to allegations of banks' "red-lining" poor and minority neighborhoods. However, this Act was only loosely enforced until 1995, when the Clinton Administration imposed additiional requirements and enforcement procedures.
Under Clinton, banks were required, under penalty of law, to make loans to a percentage of the populations living in "disadvantaged" neighborhoods. If the banks did not meet the quota requirements, they were fined and applications for permission to open new branches or make mergers or acquisitions were delayed. Community organizers were encouraged, under the law, to make formal complaints about banks to the government, and these complaints were then taken into consideration when regulatory agencies were evaluating the banks' compliance with the law.
In addition, loan money for housing and development was distributed to third-party, non-profit, community organizations to dispense - which they did, to their cronies and supporters. (Obama was heavily involved in these activities in his capacity as a "community organizer.")
In order to avoid trouble with the government and the community organizations, the banks went ahead and made loans to people who otherwise wouldn't have passed a credit check - and then sold the loans to Freddie Mac and Fannie Mae who were only to happy to pick them up (more loans on the books led to increased bonuses for Freddie Mac and Fannie Mae executives).
The chief support for Freddie Mac and Fannie Mae came from the Congressional Black Caucus and other left-wing Democrats. Freddie Mac and Fannie Mae solidified their support in Congress by making enormous contributions to lawmakers. The Senators who received the most in contributions were Chris Dodd (head of the Senate Banking Committee) and Obama.
When Bush's Treasury Secretary, John Snow, made a recommendation to Congress in 2003 that Freddie Mac and Fannie Mae be completely overhauled and placed under the Justice Department, on the grounds that there were no adequate tools to monitor them and they were severely under-capitalized, he met with furious opposition. When John McCain and two other Republican Senators co-sponsored a bill, in 2005, to impose reforms, it never made it to the floor - the Democrats threatened to filibuster. At that time, Barney Frank stated that Freddie Mac and Fannie Mae were perfectly sound and imposing restrictions on them would harm the "affordable housing" program and impede the "leverage" of the poor.
FNC is doing a cover-up - maybe they are afraid of what might happen to their broadcast license under a Democrat administration if they expose the truth.
LOL
I love George Bush, but he’s a very congenial guy. Sees the best in people and all that.
McCain, on the other hand, kinda enjoys a fight. That might be good.
BTTT
Actually heard that moron Brian Williams say that the proof the Charlie Gibson did a good job on the Palin interview is that no media types criticized him.
Good grief, they believe they are the final arbiters of EVERYTHING.
Don’t remind me not that I am an United fan but the yanks owning it :o)
I am Arsenal and of course with the new Emirates Stadium one does not have to guess where a lot of the money comes from. :o)
You nailed it. Who will tell the truth if not Fox??
“Mayor Bloomberg on Meet the Press.
Why him? “
The “bailout” in large part is a jobs bill for the citizens of NYC. BrokeJaw would not go there however. Bloomie said he was in favor of schumpterian economics. BrokeJaw should have asked him, “does that apply to Goldman Sachs?”
I have noticed that half the right wing talk show hosts have no clue either and are all over the place as to the loan guarantees, and assorted other moves made to save the financial markets.
take it to the playground, please. Your little feuds are not what we come to this thread for.
When someone attacks me, I ignore him/Her. It’s over far more quickly that way.
Understood. In my experience though, I have many thin patients with back pain, so back pain is multi factorial.
New research is identifying exactly which muscle groups need strengthening, and surprisingly it’s not the anterior abdominal muscles. Researchers in Australia have identified the lateral oblique muscles in low back instability. So rotational exercises that target those “love handle” areas on the sides of the abdomen are most helpful.
I love mincemeat pies, you can only get mincemeat here during the holioday season. I guess mincemeat is about the only olden days sweetened meat dish that is still around.
McCain maverick attitude will shake things up and he will not worry whose toes he treads on especially as President.
Heard Mayor Bloomers say that the One has been calling him for advice.
Wonder if there was an apology for Biden saying that Mayor Bloomberg doesn’t know what he’s talking about when he says the economic fundamentals are sound.
Oh...I know the dems are responsible for this mess!
If the republicans do not come out very strong in making that clear to the American people in the next week....we are going to lose this election to the democrats!
Obama is already up in the lastest Gallup poll, especially on ‘economic issues’ (go figure)....so we had better get on the stick and bring this stuff into the light of day!
That means republican leaders shouting about the democrat corruption in FM & FM from the rooftops.
It was that way here about mortgages a while back.
I’ve heard that it’s still sensible not to count the wife’s salary.
My daughter got her home loan based solely on her own salary, which is weird because, while she could make the payment, she couldn’t do much else.
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