Why won’t McCain talk about the stock market drop?
By on Oct 10th, 2008 at 6:20 pm
Why won’t McCain talk about the stock market drop?
During a conference call with reporters today, McCain campaign manager Rick Davis defended the fact that McCain has yet to talk about yesterday’s major stock market drop, arguing “I don’t know if you really want to turn a campaign into a CNBC news show on the stock market.” On MSNBC, McCain flack Tucker Bounds defended the comment by falsely claiming that McCain had talked about the drop today. MSNBC’s Norah O’Donnell corrected Bounds, saying “he didn’t talk specifically about the huge sell off yesterday on Wall Street.” Watch it:
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this snarling little creep makes me cringe, where did he come from anyway?
October 10th, 2008 at 6:27 pmCause he might have to rush back to DC...phone in...or something?
October 10th, 2008 at 6:27 pmMcCain wants to concentrate his campaign on forty year old allegations rather than on the unprecedented market conditions which are affecting every American today. I know personally I'm a lot more concerned about the status of my retirement account than I am about the current whereabouts of sixties radicals.
October 10th, 2008 at 6:30 pmIf Ftucker Bounds spins any faster he's going to look like Linda Blair!
And was that the voice of Prick Davis from his undisclosed location? Haven't seen him at all on teevee since his Freddie ties were disclosed! And here I thought McStain threw him off the campaign because he was dirty...
(sorry, wiping tears of laughter from eyes)
PEACE
October 10th, 2008 at 6:30 pmGovernment intervention has tanked the market. The DOW has dropped like a rock since the bailout plan talk started. The more the government intervenes, the worse things get.
Just like the government created the problem with requiring banks to make subprime loans, and encouraging low income people to buy homes. Not the fault of the low income people. They were victims of the government, and the banks that were forced to go after them.
Imagine the government intervening in health care. We'd have "subprime health care" for everyone. That would be a disaster, too.
October 10th, 2008 at 6:30 pmAnd the Hate Talk Express keeps careening along!!!
October 10th, 2008 at 6:35 pmMcCain wants change, ya see. He wants to change the subject every chance, ya see.
October 10th, 2008 at 6:35 pmWhy won’t McCain talk about the stock market drop?
- - Probably for the same reason members of the GOP don't refer to themselves as Republicans.
October 10th, 2008 at 6:37 pmWhat does he talk about, indeed. He sounds like a prissy old biddy spreading gossip about the hot new scholarly thang on campus. He dishes dirt, then asserts that HE---unlike that one--- is old and was a prisoner of war.
And a maverick. And an outsider that's an insider 'til death do we part.'
McCain really doesn't give the impression that he wants to be a leader. He looks like he just wants to be the belle of the ball as if it were his birthright.
October 10th, 2008 at 6:38 pm“I don’t know if you really want to turn a campaign into a CNBC news show on the stock market.”
So instead McCain has turned his campaign into Faux News Hannitys America
October 10th, 2008 at 6:38 pmJust heard that Paulson is going to come and state the Government is now going to buy stock in tanking companies. Great! Now our tax dollars are playing the market as well as bailing out the banks.
October 10th, 2008 at 6:39 pmBecause he wants to "turn the page" on the issues and talk about Palin's energy policy "experience"?
Because his knowledge on economic matters is close to nil?
Or because he rather stoke the flames of anger, hate, and bigotry, by hyping Obama's supposed terrorist ties ("yes, they both live in the same neighborhood! That's a link -a L.I.N.K I tell ya!!")
All of the above?
October 10th, 2008 at 6:40 pm"I am not exactly sure what you say every day?" This is going to get a lot of milage.
October 10th, 2008 at 6:50 pmYou know things are bad if Norah is backing away from the Republicans.
October 10th, 2008 at 7:10 pmHe won't talk about the stock market because he doesn't know anything about the economy. Every day the market goes declines, McCain goes down in the polling.
October 10th, 2008 at 7:15 pmDo you mean that another Repug named Tucker is lying? Now that's a shocker.
October 10th, 2008 at 7:16 pmI think it's really more that McDepends was still taking his nap and Nurse Cindy didn't want to wake him up to tell him that the tanking economy was also tanking his political chances even more.
Other than the price of gas dropping dramatically (it's $2.84 here right now) that's the only bright news I can get about the economy.
October 10th, 2008 at 7:57 pmWell, I dont think the sub-prime loans caused the problem but that mortgages were bundled, approved by the SEC and given a AAA rating which investors [investment banks] then sold around the world and which were also highly leveraged, that is to say that they didnt have the cash reserves on hand to cover the losses and imploded.
And there is still some 50 billion a month in mortgaged that are going into foreclosure that have little or nothing to do with sub-prime loans.
This is what happens when investment banks get involved with standard banking.
October 10th, 2008 at 9:19 pmHe's a leader who can't even talk about the obvious ?
Until a month ago, he thought the economy was strong.
He and his economics advisor are responsible for Graham Rudman, McCain Feingold (which he doesn't follow), and increased deregulation leading to the crisis.
He said he was going straight to Washington to work on this but stayed in town another day.
Despite his buffoonery, he seemed to be largely irrelevant to the discussions and negotiations.
What a guy !!!
October 10th, 2008 at 9:23 pmWow, Rick Davis just said something that sounds more Herbert Hooveran than Herbert Hoover.
October 10th, 2008 at 10:55 pmHe can't talk about the problem because he is part of the problem - and he has no solutions to the problems. We are wading into the next Republican great depression and the goopers know it because they created it on purpose. Hold on folks, it will get worse before it gets better. Obama has been somewhat shackled because of the goop's greed, but he's smart and I believe he will be truthful with us. We will be sacrificing - and we can - it is those in the 1% who will be shitting bricks.
Be kind to one another..........
October 11th, 2008 at 12:47 amHe isn't talking about it because so much victory in Iraq is pumping success and win into our mighty economy. The Dow just hit eleventy billion.
Oh, are you based in REALITY? Liberal!
October 11th, 2008 at 3:01 amThe taxpayer is clearing the capital decks for private equity and foreign sovereign wealth funds to ride in and save the day. They only expect 20-25% annual returns on their money.
Greed I-Wall Street packaging and selling investment junk
Greed II-PEU's & SWF's pick up pieces at bargain rates, package new junk to grow revenues, spin off at massive profits
Don't believe me? Look what's happening Monday:
http://www.marketwatch.com/news/story/keeping-markets-open-sovereign-wealth/story.aspx?guid=%7B5EA2A71E-1FD8-41E1-9CC3-D026666C1F1F%7D&dist=hppr
Treasury, Goldman Sachs....sound familiar?
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