Posted on 09/15/2008 1:36:58 PM PDT by Chet 99
Palin Addresses Wall Street Financial Crisis by Shushannah Walshe
Golden, CO –
Sarah Palin opened up her remarks here focusing on the current Wall Street financial crisis and how a McCain-Palin administration will put an end to the “mismanagement and abuses” on Wall Street.
In her usual folksy language calling the crowd “guys and gals”, she addressed the excited throng of a few thousand saying that the country’s economic problems need some “shaking up and some fixin’.” She added that she was pleased to see taxpayer money wasn’t being used to bail out Lehman Brothers unlike the Bear Stearns bail out:
“It’s taking a toll on our economy and that means people’s life savings and I’m glad to see in this case the Federal Reserve and the Treasury have said no to using taxpayer money to bail out another one–this time Lehman Brothers. Every effort has to be made.’’
(Excerpt) Read more at embeds.blogs.foxnews.com ...
the way to fix wall street is to stop the bailouts.
Who better to has as VP Gov. Palin or Gov. Romney?
Ouch..thats ‘have’.
“Some Monday morning quarterbacking debate. If the economy really heads south.
Who better to has as VP Gov. Palin or Gov. Romney? “
That’s easy.. Palin. If there’s to be an actual substantive job on the economy, it would be in the Cabinet.
This is the right approach. That we’re going to shake things up instead of letting it be business as usual.
Think back to Teddy Roosevelt, who ran on a platform of reforming the practices of big business. That’s a Republican idea, we’ve fought those battles before and we should do it again.
Gov. Romney can be the Secretary of the Department of Financial Cures.
If I could suggest—you ought to post that article as a separate thread.
“Gov. Romney can be the Secretary of the Department of Financial Cures.”
Or maybe Secretary of the Department of Hair.
I could be wrong, but I would think a cabinet position would be more effective in dealing with a specific problem than being VP. Seems to me the Sec. of the Treasury would be in a better place to affect the overall economy than would the VP.
Whoever, whatever, it’s got to include the step of stopping the bailouts. Every one of them does nothing more than reward bad behavior on the part of one of the participants. I liken it to women having children they can’t afford and then playing on the sympathies of the rest of us to do “something for the children.” These bailouts have given rise to the thinking that if we are bold enough and reckless enough then we can make the stakes so high they’ll have no choice but to come to our rescue.
Looks like maybe that thinking might be starting to lose it effectiveness. One can only hope!
Excellent idea, but it already is:
Who better to has as VP Gov. Palin or Gov. Romney? “
A McCain/Romney ticket would have been unelectable under those circumstances.
It would have been weak to begin with (no Palin bounce). Romney would have been too easy to paint as a Wall Street insider that has been part of the problem.
McCain/Palin can get traction on this issue becuase they can paint themselves as complete outsiders. People that have a track record of reform that will go to Washington and reform it also.
IMHO, Romney's chance at the White House passed this year. The next generation of national Republicans (Palin, Jindal, Lingle) are comming to the forefront and they are exciting the Republican base.
If McCain doesn't run in 2012, I would be surprised if ANY of the people that ran for the Republican nomination this time are considered serious candidates in 2012.
That Romney dog just won't hunt anymore.
First off, I want to say that I am a big Sarah fan and I think that she has pulled McCain's beacon out of the fire. But it is time for a reality ck and I hope constructive criticism.
I listened to Sarah's speech in Col. and Biden's shortly after on Fox. I didn't get to hear ether's entire speech but let me express my opinion on what I heard.
Sarah started out on failures of Lehman etc. and said we need new regulations, blah blah. It would have been more convincing if she would have said that these failures might be attributed to too much Gov. interference in the private sector.
But the real point, and suggestion I wanted to bring out here is Sarah's same old routine of what we have heard ad-nausium for the last couple of weeks. Don't get me wrong, I loved it the first couple of times I heard it. But if we want her to continue to be a breath of fresh air, she really needs to get a new line.
Biden, on the other hand came out with a barrage of new lies that I could see might be very convincing to the average MSN slave.
Please don't flame too hard, believe me I just want to help the conservative cause.
Nah...Rick Perry is our nominee for that Department...us Texans want to get rid of him and he won't do harm there. At least Romney has some redeeming qualities that would qualify him for some type of cabinet position. Perry is worthless on all counts.
Huh? Her speech was completely different from her standard stump speech, with the exception that she kept the E-bay and bridge-to-nowhere lines.
Wonder when the MSM will unleash their 'hounds' on this info???
Fannie Mae's Patron Saint
September 9, 2008; Page A24Taxpayers are now on the hook for as much as $200 billion to rescue Fannie Mae and Freddie Mac, and if you want to know why, look no further than the rapid response to this bailout from House baron Barney Frank. Asked about Treasury's modest bailout condition that the companies reduce the size of their high-risk mortgage-backed securities (MBS) portfolios starting in 2010, Mr. Frank was quoted on Monday as saying, "Good luck on that," and that it would never happen.
There you have the Fannie Mae problem in profile. Mr. Frank wants you to pick up the tab for its failures, while he still vows to block a reform that might prevent the same disaster from happening again.............."
Why not make Biden Secretary of the Department of Hair? McCain said he wants some Democrats in his cabinet after all.
McCain made the same mistake. The Fed used its own money, not the taxpayer's.
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