McCain Says America Is Both ‘In A Recession’ And Has A ‘Strong’ Economy On The Same Day
McCain Says America Is Both ‘In A Recession’ And Has A ‘Strong’ Economy On The Same Day
On Friday, new Labor Department numbers showing that employers slashed jobs by 63,000 in February offered “ominous signs that the country is falling toward a recession or has already toppled into one.” So stark was the grim economic data that Sen. John McCain (R-AZ) was forced to reverse his happy talk and admit that “it’s very likely” that America is “in a recession.”
But in an interview recorded the same day with CBS’s 60 Minutes, McCain returned to his old rhetorical ways, optimistically declaring that “the fundamentals of our economy are still strong“:
Asked how he would characterize the mortgage mess, McCain said, “I think it’s a disaster, but let me hasten to add, Scott, I think the fundamentals of our economy are still strong.”
Watch it:
Despite increasing indications that the economy is getting weaker, McCain has spent months echoing President Bush and insisting that “the fundamentals of this economy are strong”:
– “I don’t know technically whether we’re going into a recession or not, but I believe in the long term, our fundamentals are strong.” [3/3/08]
– “I think if we’re going to be in some shaky times – and by the way, I believe the fundamentals of America’s economy [are] still strong.” [2/3/08]
– “And by the way, I don’t believe we’re headed into a recession. I believe the fundamentals of this economy are strong, and I believe they will remain strong.” [Fox News Debate, 1/10/08]
McCain has a self-proclaimed lack of economic knowledge, but he is insistent on claiming the “fundamentals are strong.” Yet actual economists say there is real cause for concern.
At an economic conference on Friday, former Treasury Secretary Lawrence Summers said that “we are facing the most serious combination of macroeconomic and financial stresses that the United States has faced in at least a generation.” “We are in nearly unprecedented territory with respect to financial strain,” added Summers.
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March 10th, 2008 at 1:30 pmHence, the reason the Monster and Obama can tear each other apart and McCain STILL will not win. Oy. ve.
With love,
NoMoreHusseinBush
March 10th, 2008 at 1:32 pm.
This is in the same line as Bush’s ability to be focused on gas prices and not know what prediction’s are about their futures.
or, on a larger picture…
“Osama? I’m not concerned that much about him.”
.
March 10th, 2008 at 1:34 pmVote for President Bush’s third term – Elect John McSame!
March 10th, 2008 at 1:34 pmThis statement alone requires the release of McCain’s medical records, mental and physical. Oh thats right you don’t have to be sane to run for or be President.
March 10th, 2008 at 1:34 pmGuess that screwed-up jaw of yours isn’t just for “show” ; it’s vital to your ability to talk out of both sides of your stupid mouth………………
March 10th, 2008 at 1:36 pmI GUESS HE KNOWS MORE THAN BUFFET
NOT BAD FOR SOMEONE WHO’S “READING BOOKS”
March 10th, 2008 at 1:36 pmMcSame is getting older these days and he gets a bit…confused…
March 10th, 2008 at 1:36 pmanother mcSAME thread up at C&L – concentrating on the torture flipflop…
a repost from there:
correct me if i’m wrong here… i only caught the last part of this “interviewâ€, but i noted the time at the end…
i recall that the OBAMA & clinton pieces last week were in that same time period… two candidates split the same amount of time as one?
i could be mistaken about that, but there was not doubt pelley was asking questions from mcSAMES’s script…
what a sham… very disappointing… but not surprising…
as to the torture, last night i commented here:
tonight on 60 minutes, i didn’t catch the whole thing, but at one point i swore i heard him talking about how awful torture was… about how the US tried and convicted japanese soldiers…
i waited for the follow up: “but, sir, you voted to allow torture…â€
it didn’t happen…
but i could’ve missed it…
March 10th, 2008 at 1:37 pmI’d say “the dollar” is “the fundamental” piece of our economy, and it’s getting down close to the value of the paper it’s printed on (the cost of printing one probably exceeds $1.00 now). Someone needs to tell McMaverick it’s a bad thing when the dollar’s value dives like this.
Thanks, Johnnymac, for continuing to amaze the public with your incoherence.
March 10th, 2008 at 1:37 pmWow. I knew he was a flip-flopper of epic proportions, but trying to be on both sides AT THE SAME TIME…?
That’s a feat worthy of the Guinness Book of Records, eh?
/snark off
~L. Hussein Annie
March 10th, 2008 at 1:37 pmcould it be anymore clear…?
~ joe hussein cantwell
March 10th, 2008 at 1:38 pmHas anyone asked him to define precisely what those “fundamentals” are? My bet is that the question would be met with either:
March 10th, 2008 at 1:38 pm(A) empty platitudes about the American spirit and glory of capitalism; or
(B) a deer in the headlights look rivaling the one on Bush’s face when told about the WTC attacks.
Maybe Johnny could explain just exactly what he defines as “the fundamentals of our economy.”
This would be very helpful because all the fundamentals I can think of – inflation rate, job creation, unemployment, the credit markets, housing equity, housing sales, budget deficit, stock market, trade deficit, value of the dollar, etc. – all look like hell to me.
John, what are the “fundamentals” that you see that look so “strong?” (Or did you OD on the Geritol, again?)
March 10th, 2008 at 1:41 pmJust a senior moment.
∞
March 10th, 2008 at 1:41 pmIncreasingly, in this economy, you could earn three master’s degrees and still have a difficult time finding work comparable to the prestige of your degrees. Maybe you’ll rise above the teen applicants for the late night shift at Walmart.
It’s a who-you-know economy, not the more appropriate what-you-know economy.
March 10th, 2008 at 1:41 pmIs America really ready for its 2nd Alzheimer’s president-elect? Ronnie Bonzo being the 1st)
United Snarks of America
March 10th, 2008 at 1:43 pmWhat’s a “fundamental”? I’d love to see the liberal media ask him that. I don’t know of any financial indicators that are positive lately. McSame should be more specific.
He sounds like Poppy Bush before he lost to Clinton.
March 10th, 2008 at 1:43 pmI would think more newspaper geeks would be asking the questions that piss him off and make him blow chunks at them. Why wouldn’t a resnorter do this and become famous overnight? They so rarely care about what they report, might as well get a following?
March 10th, 2008 at 1:44 pmAs Annie pointed out, this is beyond “Black is White” or “Up is Down”. This is “Up and Down are the same damn thing.”
Scary stuff.
March 10th, 2008 at 1:45 pmRealistically this is no longer funny as there are elderly and people losing jobs that are running headlong into some of the worst times this countyr has seen since the depression.
Food has become a luxury for many of us. Gas has been taken off the list except for only necessary driving to the job or hauling groceries. In the construction business here in Florida people are calling and asking for work. Wives are looking for cleaning jobs. Men are looking to recycle metals.
The fall of the dollar is creating this mess and you can thank the not so “federal” reserve money men for pumping so much fiat money out that it has pretty much become worthless.
We are in very dire straits in many many areas right now and it is going to get a lot worse. 690 billion (that’s with a B) of mortgages are going to reset between now and hte end of the month. The glut of foreclosures is just starting.
Sure there will be some who can pick up a deal but there simply aren’t enough people to suck up all the slack.
I just don’t beleive most people including many of the younger generation know what’s in store. Our own included.
If you haven’t seen the movie zeitgeist.com online you owe yourself a look see.
THis country is circling the drain and it is going to take a large awakening to bring it to a stop.
March 10th, 2008 at 1:47 pmthere are posts that i wish gg or bertie would comment on.
this is one of them.
:)
March 10th, 2008 at 1:47 pmMcCane’s medical records will be released about the same time as the Slime Monster’s tax returns or when the Bush Ranchette freezes over, that is to say, on the Twelveth of Never…
March 10th, 2008 at 1:49 pm“Just watch the waves, Johnnie, it will help you relax…
March 10th, 2008 at 1:49 pmIs it too loud?
I’ll turn it down a little for you…
There you go, Johnnie….the waves surge, then they recede, that’s right, Johnnie, a recession, ……….then surge again, that’s right Johnnie, just like Iraq.
Surge, recession, that’s all you need to know Johnnie.
Just relax now, watch the television, and the medication will soon send you off to lala land for the next 8 years… if you ever wake up again………..”
McCain simply repeats the RNC talking points when it comes to the economy, parroting the words of Bush: “strong” economy, “fundamentally strong”, blah, blah, blah.
March 10th, 2008 at 1:49 pmIf he were actually pressed to define his own answer, and what his adjectives are based upon, he would be speechless.
There is no way this guy has the stamina for the long haul of the campaign mush less the presidency. I mean, imagine if kept HC’s schedule during Ohio and Texas. It would have killed him. He had to go rest with the other old folks in Arizona, and he has not had a serious challenger since NitMitt dropped out. Old and senile.
Sincerely,
NoMoreHusseinBush
March 10th, 2008 at 1:50 pmComment by cynicalgirl — March 10, 2008 @ 1:43 pm
Same question here. I predict that if/when McCain’s family wealth has downgraded from “Fabulously Rich’ to “Rich”, or when his close buddies see their wallets tightening, will he admit that the “underpinnings” or “fundamentals” are no longer sound.
Republicans so put the fun in fundamentals.
March 10th, 2008 at 1:50 pmKeep talking McCrazy, just keep talking.
March 10th, 2008 at 1:51 pmFive more soldiers died in Bush’s war — the one McCain supports.
3980 is the total number of dead soldiers as it stands.
BTW, I saw the Valley of Elah last night — in simple words, this war does bad things to people.
March 10th, 2008 at 1:51 pm“My friends, just join the military. It will solve the economy’s problems, and keep me from reinstating the draft when I’m elected.”
-John Hussein McSnark
March 10th, 2008 at 1:51 pm!! ATTENTION!
March 10th, 2008 at 1:51 pmFISH ON DECK !!
We are still waiting for tax records from Clinton and McCain as well. Again the comment when hell freezes over is very appropriate.
March 10th, 2008 at 1:52 pmMcCain = Bush Sr. + Bush Sr. + Reagan + Nixon
Hillary Rodham Delafield
March 10th, 2008 at 1:52 pmIf, God forbid, McCain would get elected just who in their right mind would join our volunteer army. McCain has commented we need forces in more countries. Just how thin does he think he can spread the shrinking military. Oh, I forgot, we have Blackwater.
March 10th, 2008 at 1:54 pmA man who admittedly doesn’t know much about the economy shouldn’t be in office, let alone campaigning for president. Haven’t we learned our lesson?
March 10th, 2008 at 1:55 pmBTW, I saw the Valley of Elah last night — in simple words, this war does bad things to people.
Comment by Marie — March 10, 2008 @ 1:51 pm
I just heard that one of those college girls abducted and shot last week was killed by an Iraq veteran whose family says hasn’t been the same since he got back.
March 10th, 2008 at 1:57 pmDoublethink/speak.
March 10th, 2008 at 1:57 pmIt’s a who-you-know economy,…
Comment by McWars — March 10, 2008 @ 1:41 pm
see? … one of those “fundamentals”…
March 10th, 2008 at 1:58 pmTo give him the slimmest benefit of the doubt, one could say that “the fundamentals of the economy are strong” in that I don’t, yet, believe we are going into a years long slow down, ala the Great Depression, that will impact us for decades. That having been said, I do expect, if there is nothing done to shore up infrastructure and soften the blow to the middle and lower classes, family finances could be ruined and the ability of people to move up in the economy will be severely set back.
March 10th, 2008 at 1:58 pmUmm Jackball I too have been through recessions and it was not as easy as it was for you. There were not even waitress jobs available. A comment was the last one leaving the city please turn out the lights.
My company would do an installation, and the next day a bankrupt notice was placed on the locked door. Try laying off 5 offices of people in less than 6 months. Not good.
A good thing, your could get an apartment 2 bedroom / 2 baths for $345 a month in a nice area. But it took a lot of part time jobs to pay for even that. Recessions are NOT GOOD !
March 10th, 2008 at 1:59 pmFunny how the media virtually ignores a fantastic economic stats for years and then insist there’s a recession just before an election. Even if there will be a recession, so what, its not actually that bad. I’ve been through a few recessions now and I see that they are not as scary as the media and the scaremonger politicians make you think. The economy is cyclic and that’s just how it is.
Comment by jackball — March 10, 2008 @ 1:54 pm
Sure jack, it’s funny as all get out. Maybe you want to read up on the Great Depression and look at the parallels between then and now. How so much wealth was concentrated in a small percentage at the top. Then maybe you can ask a few elderly people if they that that time wasn’t too scary, idiot.
March 10th, 2008 at 2:00 pmMr. Jackball sounds like ol’Bigfoot.
Dude – Rush is on the radio. If we were interested in what he thought we’d tune in. No need for dittoheads to pop in here and paraphrase.
March 10th, 2008 at 2:01 pmWAR IS PEACE!!!
FREEDOM IS SLAVERY!!!
IGNORANCE IS STRENGTH!!!
RECESSION IS PROSPERITY!!!
March 10th, 2008 at 2:01 pmHEY TP!
i think it’s time to tell “your gal” to quit the bullshit.
Clinton camp says Obama must pass ‘national security threshold’ to …
The Hill, DC – 1 hour ago
… with reporters that Clinton would not pick a running mate who has not met the “national security threshold†— as Clinton’s military advisers and Wolfson …
sorry ’bout that OT…
March 10th, 2008 at 2:03 pmi’m getting more disgusted with every new dirty trick…
comment by texaslady @ 1:54 pm
Ah, I can just see the recruiting pitches now.
Army; Snark all you can snark. An army of snark.
Navy: Join the navy and snark the world. The navy, it’s not a job, it’s a snark.
Marines: the marines are looking for a few good snarks. the few, the proud, the snarks.
Air Force: Up we go, into the wild blue snark
March 10th, 2008 at 2:03 pmOT- sorry
March 10th, 2008 at 2:04 pmHuffpo reports that David Gregory got Tucker’s slot on MSNBC
“I got poopie!”
March 10th, 2008 at 2:05 pmThe amazing part is that we have had two recessions within the same presidency. This really is unprecedented. The recovery from the first recession failed to increase employment to the same extent as other recoveries. Indeed, we failed to increase employment to keep up with population growth. We are seeing a monumental shift in our economy and population. Good manufacturing jobs are going away, the standard of living for most people is falling and the ability to move from one economic class to another is falling. The Republican party wanted to return us to the days of the Robber Barons. It has succeeded.
March 10th, 2008 at 2:05 pmOT- sorry
Huffpo reports that David Gregory got Tucker’s slot on MSNBC
Comment by Marie
I’m not surprised. Gregory was once a good reporter but he has shown recently that he can pander with the best of them. It’s going to be interesting to see how he can spin his new conservative values while reporting on a landslide Democratic victory.
March 10th, 2008 at 2:05 pmComment by jackball — March 10, 2008 @ 1:54 pm
Oh and jackboot, since your finances are so strong maybe you should pony up some big dough and help support W’s new library.
March 10th, 2008 at 2:05 pmI’ve been through a few recessions now and I see that they are not as scary as the media and the scaremonger politicians make you think.
Comment by jackball — March 10, 2008 @ 1:54 pm
Being broke and staying broke doesn’t count.
March 10th, 2008 at 2:06 pmgregory… boo…
March 10th, 2008 at 2:07 pmPerhaps McCain just misspoke and meant to say, “Yeah, we sure are in a STRONG recession right now…”
See? NOW he makes sense.
March 10th, 2008 at 2:07 pmI think MSNBC is also going to put the rerun of Countdown in conflict with Comedy Central here in the midwest.
March 10th, 2008 at 2:08 pmI often have to catch the Countdown rerun which has always been AFTER the Stewart/Colbert shows. This makes me unhappy.
The way the Democratic Party is being torn apart by one ambitious woman, this man may be exactly who will be your next President!
~ Hussein Europeanview
March 10th, 2008 at 2:08 pmsorry ’bout that OT…
i’m getting more disgusted with every new dirty trick…
Comment by katy HUSSEIN katy
I find it interesting that Hillary Rove Clinton’s handlers say that Obama must pass a “national security” threshold, when they have been unable to articulate why Ms. Clinton passes this same threshold. When asked what she has done to show that she is ready to answer the phone at 3 am, there were crickets chirping in the background until finally one of them stammered something inarticulate about how all her “experience” has made her prepared.
Obama needs to ask at every campaign stop, “what is this ‘experience’ that Hillary Rove Clinton claims she possesses and where did it come from?”
March 10th, 2008 at 2:09 pmI often have to catch the Countdown rerun which has always been AFTER the Stewart/Colbert shows. This makes me unhappy.
Comment by Marie
Tivo is your friend. Really, get a DVR of some sort that can record your favorite shows while you are watching another show. Then you can watch one later. I don’t understand how anyone can stand watching TV without the ability to fast forward through commercials.
March 10th, 2008 at 2:10 pmComment by katy HUSSEIN katy — March 10, 2008 @ 2:03 pm
katy- what do you suppose a “national security threshold” is? And how is it that if Obama isn’t “there” yet, that he could be by summer, as Wolfson says.
March 10th, 2008 at 2:10 pmSWEEEEEET!
Comment by Dr. Matt
I’m curious Dr. Matt. Why do you think David Gregory taking Tucker Carlson spot is sweet? Gregory, in recent years, has become another boot licking Bush panderer. You do remember him dancing with Karl Rove, don’t you?
March 10th, 2008 at 2:12 pm.
#9 Comment by katy HUSSEIN katy — March 10, 2008 @ 1:37 pm
What TORTURE?
America doesn’t TORTURE!
The presdent says so.
And he doesn’t lie.
It’s not TORTURE when America does it!
Johnny McTorture was tortured,
He knows first hand how ugly TORTURE can be.
Of course he does, he says so.
What vote?
Was there a vote that counted if the presdent vetoes that vote?
Why address what was negated by the Criminal in Chief?
.
March 10th, 2008 at 2:13 pmJohn Sidney McSame – Proudly standing on both sides of any issue.
March 10th, 2008 at 2:15 pmI’ve been through a few recessions now and I see that they are not as scary as the media and the scaremonger politicians make you think.
Comment by jackball
Another new troll. Has the RNC sent in the second string since the first string is failing so miserably.
I am comfortably middle class and this recession probably won’t affect me as strongly as many others only because I have a good job and zero debt except for my small mortgage. But, if I were to lose my job, I would be in a world of hurt.
This idiot troll could care less what is happening to thousands of homeowners across the nation. Or what is happening to elderly people living on a small fixed income or social security. Then there are our young people who are graduating from college only to have to go out and get a job at McDonalds so they can live. This troll is one of the “I got mine so fu(k you” crowd. This is the mantra of the Republiscum party.
March 10th, 2008 at 2:16 pmMcClinton can’t choose McSame for VP, but would if it could.
March 10th, 2008 at 2:17 pmWaxman Calls for Investigations of Blackwater Tax Dodge
http://tpmmuckraker.talkingpointsmemo.com/
Blackwater is wrong when it says that its guards fit the description of contractors and not employees, and that dodge had much bigger benefits than a simple tax dodge.
Because Blackwater had many fewer “employees,” for example, it made out with a number of contracts reserved for so-called small businesses: ”
March 10th, 2008 at 2:18 pmNo no no no no no no no no no, yes!
March 10th, 2008 at 2:18 pmYes, exactly which “underlying fundamentals of the economy” are strong, McBane?
March 10th, 2008 at 2:18 pmYes yes yes yes yes yes yes yes, no!
March 10th, 2008 at 2:19 pmWell, you know what they say about politicians. They all have three hats — the one they pass around, the one they throw into the ring, and the one they talk through.
McCain is playing both sides against the middle in the attempt to have it both ways — especially as a Republican, he can’t possibly afford to do otherwise. If he refuses to acknowledge that the economy is in or at least heading into a recession, he risks alienating a large number of voters who are being forcibly confronted with the effects. However, admitting that the economy is not strong would suggest that George W. Bush has not done a good job as President and that Republican economic policies have failed. McCain would risk alienating voters who continue to support Bush and his policies. Unfortunately for McCain, as Aesop once said, “try to please everyone and you please no one” — all this really serves to do is to make McCain seem uninformed, indecisive, and/or duplicitous.
March 10th, 2008 at 2:19 pmObama has replied to Clinton’s hinting of him as VP -
1. He is in first place now, so why should the person in second place suggest that the first place guy be VP.
2. The VP is supposed to be ready to assume the White House in a moment’s notice – but Clinton claims he’s not ready, so why is he acceptable to her as VP.
He’s also supposed to be the subject today of former military brass endorsements for commander in chief.
But everything will take a back seat to the Spsitzer bombshell.
March 10th, 2008 at 2:25 pmkaty- what do you suppose a “national security threshold†is? And how is it that if Obama isn’t “there†yet, that he could be by summer, as Wolfson says.
Comment by leftcoast — March 10, 2008 @ 2:10 pm
sounds to me like wolfson is playing the race/fear/muslim cards again…
he is trying to out-rove rove…
March 10th, 2008 at 2:25 pmI predict that if/when McCain’s family wealth has downgraded from “Fabulously Rich’ to “Richâ€, or when his close buddies see their wallets tightening, will he admit that the “underpinnings†or “fundamentals†are no longer sound. — McWars
****************************************************
President Truman said it best: “It’s a recession when your neighbor loses his job — a depression when you lose yours.”
March 10th, 2008 at 2:26 pmThat doesn’t seem congruent to me.
Comment by jackball — March 10, 2008 @ 2:22 pm
Like I said, being broke and staying broke doesn’t make you an expert on the economics.
As far as the economy and Herr Botch goes, I don’t believe I’ve ever seen a set of circumstances like we’re faced w/ now in this country. Skyrocketing oil prices, a badly falling dollar, uber-inflation ready to kick in, enormous deficits, maasive consumer debt, falling housing prices… this could be the Perfect Storm of economics forming up here.
March 10th, 2008 at 2:29 pmComment by Bilbo Hussein Baggins — March 10, 2008 @ 2:05 pm
I agree – but I am simply techno-phobic and the thought of hooking up another electronic device gives me apoplexy.
March 10th, 2008 at 2:36 pmThe economy is never going to be everlastingly perfect.
Comment by jackball — March 10, 2008 @ 2:35 pm
No… this is an unusually bad set of circumstances, no matter what brand of Troll-Blatterâ„¢ you try to spread on that piece of toast.
March 10th, 2008 at 2:37 pmExcuse me, but a job loss of 63,000 for February isn’t too bad ? And I believe it was bad in January as well. The worst in 25 years is what I heard. Many unemployed have dropped off the roles because they have run out of unemployment benefits. So can’t be counted.
New car sales stagnated, new homes not selling..grocery prices really getting high, less savings than ever before….but hey everything is just great…maybe in your world Jackball….look around you.
A healthy society doesn’t have the huge disparity between the haves and have nots as we have right now.
March 10th, 2008 at 2:39 pmAs any practicing train expert knows a train goes one route and then does the return route an hour or so later. What we’re witnessing here is clearly just a great example of the straight talk express in its full glory.
March 10th, 2008 at 2:39 pmComment by Marie — March 10, 2008 @ 2:25 pm
Great points, Marie. Hillary is assuming that a comeback is inevitable.
And would Hillary be willing to take the VP slot? Of course not. Why would she want to be second fiddle, when she marginalized Al Gore for influence during Bill’s presidency?
March 10th, 2008 at 2:39 pmI think he meant to say the “fundamentalists are strong”, smiling at Rev. Hagee.
March 10th, 2008 at 2:41 pmComment by texaslady — March 10, 2008 @ 2:39 pm
The REAL unemployment, I’m willing to bet, will hit 15% by the end of the year — including those who are no longer counted.
March 10th, 2008 at 2:41 pmSo jackball you don’t want to bail out people who made bad decisions in buying a home ? I agree however, what about the massive bailouts we taxpayers do for the Hedgefunds, the mortgage companies and the rest that thought sub-prime was an excellent idea ?
Did you enjoy bailing out Neil Bush on his Silverado Bank fiasco ? Your taxes paid for that too.
March 10th, 2008 at 2:42 pmhttp://oil-price.net/
$107.92 a barrel
March 10th, 2008 at 2:43 pmInstead of a stimulus package a Bill was submitted for longer unemployment benefits and increasing the income limit for Food Stamps. But this Bill was shot down. Now tell me how a check for $300-$600 is better than longer benefits and Food Stamps. Which has a longer lasting benefit?
March 10th, 2008 at 2:46 pmMcSame & Hagee are joined at the hip, but Hate Radio questions Obama’s pastor?
Hagee can call Catholics the ‘Great Whores’, but Obama being Christian must mean he’s Muslim?
McClinton questions Obama’s ’security clearance’ while admiring a guy’s with PTSD?
McSame / McClinton: Insanity personified
March 10th, 2008 at 2:50 pmTalk to tax preparers and hear how slow this year is, many people are holding off having the tax prepared even with the promise of $300 which will then show up next year for income. People are really concerned. I would like a real figure of layoffs for the total year, because I certainly don’t trust bush’s gang to tell the truth.
March 10th, 2008 at 2:53 pmI wonder how people with children are paying for the milk at $3.99 – $5.00 a gallon.
I wish someone would ask him what he thinks are the fundamentals of the economy. We have a massive trade deficit, an even more massive national debt, the dollar isn’t worth anything, job loss is growing, energy prices are skyrocketing, health care is increasingly unaffordable, education continues to lag, a war that he supports that is costing billions every month, increased government spending, poor international relations, an American public that has had to listen to it’s government spread lies and fear for the last 8 years, crooks on Wall Street, crooks in Washington, crooks in the White House, on and on and on.
Again, what are these fundamentals that McCain is talking about.
March 10th, 2008 at 2:53 pmThis OLD man is too old to become President. Do Republicans really want to see an old man end up with althemiers sitting in the oval office? Apparently they are willing to elect the oldest man ever to run and in the process rish our country’s welfar because they couldn’t get any younger man to win the nomination. They counter by saying he should pick a younger running mate. There’s only one problem with that, and that is we don’t elect VPs to become the head guy because the old man can’t function anymore.
March 10th, 2008 at 2:54 pm#89 – Good comment. I wish the debates would ask some of those same questions instead of the airy feel good themes. Lets hear the plan to right the wrongs instead of we need change. But of course McCain doesn’t think anything is wrong so no changes needed there. What an idiot !
March 10th, 2008 at 3:00 pmComment by texaslady — March 10, 2008 @ 2:53 pm
A half-gallon of milk in my area: almost $4.00.
March 10th, 2008 at 3:06 pmThe Fed isn’t spending the money on bailing out banks or hedge funds or “helping rich peopleâ€. It is making fully-collateralised loans that will be repaid the next day (or week).
Comment by jackball
Not to mention, by the way, the astronomical tax breaks given to Bank of America in exchange for buying up Countrywide Mortgage Co., far and away the biggest culprit in the sub-prime fiasco.
March 10th, 2008 at 3:26 pmBut then money never paid to the government can’t count as money, can it?
Jackball- Who do you think bails out lenders ? A government agency was put in place in 1990 in Texas to do nothing but try to sell foreclosed property and they sure didn’t get the whole cost. Who insures your savings that the bank invested badly ?
As I mentioned there are some eye opening books with facts and figures out there to enlighten you.
March 10th, 2008 at 3:28 pmWhat is really bad is the ones making money are paying less in taxes so those in the middle are carrying everyone…the poor and the rich.
March 10th, 2008 at 3:30 pmI think McCain’s efforts to appeal to the right wing religious extremists, while not alienating independents and moderate conservatives, has created a three faces of John Sidney McCain, III problem. He apparently has a multi-personality disorder that causes him to change into a candidate with diametrically opposed beliefs in the middle of his campaign speeches and interviews. I kinda feel sorry for a man so lost in his own conflicts, he has no awareness of which John Sidney McCain, III personality is doing the talking. Unless of course, he’s just repeating what the changing voices in in his head tell him to say for purposes of political expediency.
March 10th, 2008 at 3:34 pmO my God, McCain has finally reached dementia.
Why are these so very tough times:
a. 9/11
b. mortgage crisis
c. Iraq war
d. immigration
e. Bush/Cheney policy
f. foreign oil dependence
Hmm, while McCain says b and f, and probably thinks d and a too but doesn’t express it, it is clearly c and e that are the cause of the high gas price and the recession. 4 more years!
March 10th, 2008 at 4:14 pmNow that’s what’s called speaking with forked tongue. This guy’s a two-bit liar and fraud.
March 10th, 2008 at 4:25 pmWow, he can talk out of both sides of his MOUTH at the same time.What a BOOB. The more he talks the more he is looking like old man Johnny Mclame.
March 10th, 2008 at 5:24 pmtonight on 60 minutes, i didn’t catch the whole thing, but at one point i swore i heard him talking about how awful torture was… about how the US tried and convicted japanese soldiers…
i waited for the follow up: “but, sir, you voted to allow torture…â€
it didn’t happen…
but i could’ve missed it…
Comment by katy HUSSEIN katy — March 10, 2008 @ 1:37 pm
Now now, we all know Grandpa sometimes gets a little ‘confused’ don’t embarass him with confusing questions.
March 10th, 2008 at 6:35 pmJust let him keep talking, eventually he’ll get tired and take a nap.
I’ve been waiting for SOMEONE, ANYONE to ask McCain to spell out exactly what those “fundamentals” are, because the dollar is collapsing, employment is shrinking, entire industries are being shipped overseas, home ownership, personal savings, and middle-income wealth are all shrinking, and the National Debt has exploded to the point where nearly a third of every tax dollar goes justto pay interest on the debt.
What are the “strong fundamentals” they keep talking about? CAN SOMEBODY PLEASE ASK HIM?
March 10th, 2008 at 7:31 pmCaption Contest:
“John McChipmunk, ready for the winter.”
March 10th, 2008 at 8:55 pmMcCain Says America Is Both ‘In A Recession’ And Has A ‘Strong’ Economy On The Same Day
In short: ‘America is in a Strong Recession’
March 10th, 2008 at 8:57 pmFood has become a luxury for many of us. Gas has been taken off the list except for only necessary driving to the job or hauling groceries. In the construction business here in Florida people are calling and asking for work. Wives are looking for cleaning jobs. Men are looking to recycle metals.
The fall of the dollar is creating this mess and you can thank the not so “federal” reserve money men for pumping so much fiat money out that it has pretty much become worthless.
We are in very dire straits in many many areas right now and it is going to get a lot worse. 690 billion (that’s with a B) of mortgages are going to reset between hp omnibook 6000 battery,hp omnibook 6100 battery now and hte end of the month. The glut of foreclosures is just starting.
October 15th, 2008 at 5:18 am