0: Number of banking bills McCain has introduced this Congress.
By on Sep 25th, 2008 at 12:51 pm
0: Number of banking bills McCain has introduced this Congress.
Yesterday in an interview with CBS News, Gov. Sarah Palin (R-AK) insisted that “John McCain will reform the way Wall Street does business.” However, she was unable to name a single example of McCain pushing for more regulation in the past 26 years. Today, the Hill reports that McCain “has not introduced any banking or housing bills in the 110th Congress, while Democratic rival Barack Obama has proposed five”:
McCain is the lead sponsor of 38 pieces of legislation during the 110th Congress, none of which have been referred to the Banking panel, according to a review of Thomas, a congressional website. Obama has introduced 130 measures during this Congress. Four of Obama’s standalone bills fall within the Banking Committee’s jurisdiction.
View Most Popular
Advertisement
What We're About
What We're Fighting For
What We're Fighting Against
Featured
Subscribe to the Progress Report
Topic CloudView topics sorted by popularity
Afghanistan
Bachmann
Beck
Boehner
Bush
Business
Cheney
Civil Rights
Congress
Corporate Ethics
Dobbs
Education
Election
Energy
Environment
Ethics
Fox News
Gingrich
Global Warming
Health Care
Immigration
International Relations
Iraq
Justice
LGBT
Lieberman
Limbaugh
McCain
Media
Military
O'Reilly
Obama
Palin
Pelosi
Politics
Race
Radical Right
Religion
Steele
Stimulus
Tea Parties
Technology
Terrorism
Veterans
Women's Rights
Visit Our Affiliated Sites
Reports
In-depth studies on select topics
Got a hot tip?
Have a hot news tip? We'd love to hear from you. Use the form below to send us the latest.
ArchivesBlog Roll
Do-nothing McCain. AWOL since April.
September 25th, 2008 at 12:54 pmKeep running your mouth mooselips, every time you do you open another can of worms for mccain.
September 25th, 2008 at 12:54 pmHmmm, McCain must be using Jedi mind tricks on other members of Congress so that THEY introduce the banking legislation.
What a humble, modest man….
September 25th, 2008 at 1:00 pmSomeone tell Sarah to get back to Katie with that.
¶ AIO
September 25th, 2008 at 1:00 pmNumber of good ideas proposed by McCain = 0
Number of economic bills proposed by McCain = 0
Number of elected people wanting him involved in bailout = 0
September 25th, 2008 at 1:00 pmAmount of good it would be in having McCain involved = 0
Watching McCain lose a debate on economics = Priceless
Could this woman not have a clue nah!!! she has been throughly vetted and will hit the ground prepared to be president. Hey cause all the witches are gone from her system
September 25th, 2008 at 1:01 pmAre you sure? ‘Cause he’s the ‘maverick’ ya know, and I’m pretty sure a ‘maverick’ would have been bustin’ up them Wall Street and high-paid banker types left and right all year long.
And Sarah thinks so, too!
September 25th, 2008 at 1:01 pmWhen McDepends can’t remember how many houses he (McCindy) has or how many cars, he is supposed to help bail out the country????
WTF!!!!!!
September 25th, 2008 at 1:03 pmIt is time for the MSM to acknowledge the Republicans are unable to lead. Half of the bills they propose have to do with praising people, places or things. Leiberman and Graham waste taxpayer money penning legislation to recognize the success of the troops. It is such a callously shallow attempt to play the partisan patriotic banjo in a time when Americans need to think about Americans.
September 25th, 2008 at 1:07 pmthe audacity of hopeing that Obama will come out swinging
September 25th, 2008 at 1:07 pmThere should be a provision in the bailout bill to issue “Cleetus Cards” to anyone who claims to support McCain. That way people would have warning to back away if they encountered one attempting to walk and chew gum.
For drivers, they could hang on the rearview mirror, like handicapped signs…
For now, McCain bumper stickers will have to suffice.
September 25th, 2008 at 1:08 pmThat is success of the troop “SURGE.”
As if anyone has ever questioned they military superiority over the people they fight.
September 25th, 2008 at 1:08 pmI need to get my “Support the Wall Street Bankers” magnet.
September 25th, 2008 at 1:13 pmYeah, but he has a bank account.
That makes an economic policy expert.
September 25th, 2008 at 1:14 pmHey now we know why Palin couldn’t name a single example of McCain’s regulations there weren’t any.
September 25th, 2008 at 1:14 pmOops, I meant to say “That makes him an economic policy expert”
September 25th, 2008 at 1:15 pmWasn’t it great to see the Mayor of Wasilla meeting with the Mayor of Kabul? Both were dressed so nice.
September 25th, 2008 at 1:17 pmAfter claiming there is no seriousness to the economic situation up until 1 week ago, all of a sudden he is said to have shown “leadership” by cancelling a debate? And another falsehood is that his campaign is “suspended”. What a farce. He and his surrogates were doing interviews last night and his negative ads are STILL RUNNING.
September 25th, 2008 at 1:19 pmTimes is hard…..better count my houses.
September 25th, 2008 at 1:20 pmMcCain seems to have lost sight of shore adrift in a sea of delusion and hubris. Sarah can see him from Alaska.
September 25th, 2008 at 1:25 pmBREAKING NEWS
THEY HAVE COME TO AN AGREEMENT
Wonder how much we’re screwed?
September 25th, 2008 at 1:28 pmNo way, mccain hasn’t arrived yet so it must be wrong. Nothing can be accomplished without mccain being involved, haven’t you been listening?
Guess he will have to put his mickey mouse suit back in the closet for now.
September 25th, 2008 at 1:43 pmI meant Mighty Mouse…..,you know…here I come to save the day…
September 25th, 2008 at 1:43 pmMcCain pushed for mortgage reform in 2006.
Bush pushed for mortgage reform in 2003.
Read both articles all the way through.
The Democrats blocked both bills and it became a dead letter until the recent crisis.
September 25th, 2008 at 1:59 pm“Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency…” Hank ‘Chicken Little’ Paulson / 9/22/08
This is the bullshit congress allowed in the Patriot Ace & Protect America Act. Do we really want to go down that path again? I think not. Corporate welfare & zero taxes are what’s killing out Country.
September 25th, 2008 at 2:44 pmWall Street First! -Senator McCainiac
Typos fixed…
September 25th, 2008 at 2:45 pmThis is the bullshit congress allowed in the Patriot Act & Protect America Act. Do we really want to go down that path again? I think not. Corporate welfare & zero taxes are what’s killing our Country.
A call to arms for progressive bloggers!!!!
Liberals, please come to Speak Free Politics it’s an easy to use message board blog dominated by right wingers. My name there is osamabinforgotten. I need to recruit some lefty bloggers as i am being ganged up on and called a terrorist for being a liberal. All bloggers are invited to come there and check it out.
Johnny B. Goode!
Deep down in Arizona close to Mexico
Way back up in the cactuses where it never snows
There stood an ancient mansion made of gold and wood
Where lived a a corrupt politician named Johnny B Goode
Who’d never learned the difference between Sunni or Shia so well
But he could pretend to chase Osama to the gates of Hell
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Johnny B. Goode!
He used to carry his bribe money in a gunnysack
Go sit beneath a tree and count his Keating kickbacks
Old lobbyist on K street would see him sittin’ in the shade
Laughing at the doubletalk and flip flops he made
The people passed him by they would stop and say
Oh my but that little old mummy really hates the gays
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Johnny B. Goode!
Once upon time the state of Arizona couldn’t host a superbowl
Because it was legislated by a group of white supremacist trolls
The bigots were led by an angry fascist who was a goose-stepping man
A millionaire, senator who belonged to the Klu Klux Klan
Johnny B Goode was a maverick when it came to recognizing MLK
So the old cracker donned his klan robe and voted against a holiday
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Johnny B. Goode!
His mother told him someday you will be an old man
And you will be the leader of a murderous criminal clan
Many people will be blown to bits from miles around
To see you launch the nukes and take us all down
Maybe some day you will make mushroom clouds so bright
Sayin’ “Johnny B Goode pushed the button tonight”
Go! Go! Go! Johnny!
September 25th, 2008 at 2:56 pmGo! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Go! Johnny!
Go! Go! Johnny B. Goode!
The media will bury these statistics/facts until after the election–may Letterman might use them though!
September 25th, 2008 at 3:15 pmRick Y Says:
You are a liar and a fool. The bill never got out of the REPUBLICAN CONTROLLED omittee in the Senate in 05. Dems did NOT kill the bills you moron. That is the talking point the hivemind has programmed you with but its STUPID. Give it up
September 25th, 2008 at 5:41 pmDoes this mean that the only LEAD McCain has for
our great Country and our brave Soldiers is WAR?
I researched Wikipedia for his accomplishments including
September 29th, 2008 at 12:50 pmhis claim on being a Foreign Policy Expert I couldn’t
find anything. Any suggestions where else I can find his
claims to fame?
Better not bank on Barney Frank
He brought the (fiscal) house down
By Michael Graham
Tuesday, September 23, 2008 – Boston Herald
“I want [Freddie Mac and Fannie Mae] to help with affordable housing, to help low-income families get loans and to help clean up this subprime mess. Otherwise, why should they exist?”
- Rep. Barney Frank, earlier this month.
The Subprime Panic of ’08 and its $1 trillion (and rising!) price tag is too big to blame on any one man. But if we had to, it would be Newton’s own Rep. Barney Frank.
As Winston Churchill might have put it, never before has one man done so much that was so wrong, or shafted so many on behalf of so few.
Entire business sections of newspapers, including this one, have been dedicated to explaining how we got into this mess, and still the typical taxpayer is asking “So what happened?”
The answer is actually quite simple: Freddie and Fannie happened. And they couldn’t have without the ferocious support of Barney Frank.
Freddie and Fannie were supposed to be safe suppliers of mortgage money for relatively low-risk loans. If you could qualify for a loan, F&F would make sure the banks had access to the money to make that loan, cheap money because it was backed by the American taxpayers.
September 30th, 2008 at 5:43 pmHave we forgotten Freddie and Fanny?
Current members of Congress have received a total of $4.8 million from Fannie Mae and Freddie Mac, with Democrats collecting 57 percent of that. This week we also wrote about how much money lawmakers had invested of their own money in the companies last year–a total of up to $1.7 million.
All Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008
NameOfficeStateParty GrandTotal TotalfromPACs TotalfromInds.
Dodd, Christopher J S CT D $165,400 $48,500 $116,900
September 30th, 2008 at 5:48 pmObama, Barack S IL D $126,349 $6,000 $120,349
Kerry, John S MA D $111,000 $2,000 $109,000
Bennett, Robert F S UT R $107,999 $71,499 $36,500
Bachus, Spencer H AL R $103,300 $70,500 $32,800
Blunt, Roy H MO R $96,950 $78,500 $18,450
Kanjorski, Paul E H PA D $96,000 $57,500 $38,500
Bond, Christopher S ‘Kit’ S MO R $95,400 $64,000 $31,400
Shelby, Richard C S AL R $80,000 $23,000 $57,000
Reed, Jack S RI D $78,250 $43,500 $34,750
Reid, Harry S NV D $77,000 $60,500 $16,500
Clinton, Hillary S NY D $76,050 $8,000 $68,050
Davis, Tom H VA R $75,499 $13,999 $61,500
Boehner, John H OH R $67,750 $60,500 $7,250
Conrad, Kent S ND D $64,491 $22,000 $42,491
Reynolds, Tom H NY R $62,200 $53,000 $9,200
Johnson, Tim S SD D $61,000 $20,000 $41,000
Pelosi, Nancy H CA D $56,250 $47,000 $9,250
Both parties are responsible. It is silly to suggest that one party or one individual is soley responsible for this mess. Prominent individuals in both parties have benefitted from Wall Street deals and they are hoping they can spew out lines that the public will buy without checking for accuracy and their role in this crisis.
I am very dissapointed in the behavior of Nancy Pelosi. She might be able to do her job well for her own constituents and party, but she has failed miserably as a leader and to make matters worse, she is now trying to pawn off her own failures on republicans. 95 of her own party rejected the bill she voted for but she she states “We did our part.”
There needs to be more regulaiton on how financial instruments are wound up.
What we are seeing now is the unwinding of a lot of derivative market action that has no solid business as the reference organization.
Warren Buffet called right it 5 years ago.
September 30th, 2008 at 5:58 pm