RSSJohn McCain: The Definition of Leadership … America First … Suspends Campaign … Debate Second?
DEBATES DO NOT SHOW LEADERSHIP … ACTIONS SHOW LEADERSHIP
What does America ask of their President? Generally, the basically ask two things. One, they demand their President he ethical and have character. Two, and most importantly … they ask their President to lead. Not watch polls, not see which way the story turns in order to create an opinion. AMERICANS DEMAND LEADERSHIP FROM THEIR PRESIDENT!
Republican candidate John McCain has suspended his campaign and goes back to Washington, DC to help try and hammer out a deal with regards to the $700 billion financial bail out crisis. McCain asked Barack Obama to postpone the Presidential debates on Friday night so that the two Senators could do the work of the American people. After all the debate is supposed to be on foreign policy, not the economy. Now before anyone who opposed McCain says this is grandstanding and a politic gimmick, John McCain has precedent of putting Country before Politics. Was it a gimmick when McCain said no to his Vietnamese captors and stayed a POW? Was it a gimmick when John McCain backed the surge in Iraq when nearly everyone was against it?
No, it was no gimmick … it was called leadership.
A debate is much a do about nothing and pre-rehearsed talking points … what McCain is doing is giving America a glimpse into how he would act as a President and put Country before party. Conversely, so is Obama and his actions. First he said that the debates will go on, in the same breathe that he is claiming that the financial crisis we are in is the worst since the Great Depression. First he said he was not going back to DC, then he changed his mind.
AMERICA … LEADERSHIP IS NOT TALK … LEADERSHIP IS JUST THAT … LEADERSHIP.
UPDATE I: Deal or No Deal
Democrats can complian and point figures of blame all they want at John McCain, the fact is that a majority of Americans are angered over the bail out.
The Treasury secretary Henry M. Paulson Jr. quickly returned to Capitol Hill to try to revive the proposal.
One critical snag seems to be opposition to the $700 billion plan by conservative House Republicans.
“My hope is that we can get a deal,” said Senator Christopher J. Dodd, chairman of the Senate Banking Committee, hours after House and Senate negotiators had announced that an accord was at hand. President Bush had hoped that an agreement could be announced after the late-afternoon meeting.
Mr. Dodd, looking tired and annoyed, complained that the late complications were making the episode sound more like “a rescue plan for John McCain,” the Republican presidential candidate, than one for the financial system.
UPDATE II: John McCain Stated that there was Never a Deal on Wallstreet Bail Out
Republican White House hopeful Sen. John McCain denied Thursday there ever had been any deal in place between Congress and the White House on a $700-billion Wall Street bailout plan.
McCain said on ABC News after talks at the White House that also included his Democratic rival Sen. Barack Obama that he still hoped to go to the scheduled presidential debate Friday night in Mississippi.
But his senior campaign adviser Steve Schmidt accused Obama of putting himself before his country, by continuing to run campaign ads while the high-stakes political drama over the economic crisis was playing out.
McCain said he knew going into the White House meeting called by President Bush that there was no deal, after having said Wednesday the debate should be canceled if a bailout wasn’t secured
UPDATE III: Democrats play the blame game against John McCain; however, he is the only one in people’s eyes working for the People. As Town Hall.com states, hey Democrats, “If the bailout is so great, then why don’t you pass it with your majorities in the House and Senate and President Bush will certainly sign it.”
- The Weekly Standard: Barney Frank Slams McCain
- The Weekly Standard: Not on Their Watch?
Watch the Fox News report John posted on how we got into this mess, and then chuckle at Obama’s quote to the AP:
“Keep in mind House Democrats and Senate Democrats and me and the leadership are all pretty burned up about this thing,” Obama said at a news conference after the TV interviews. “This wasn’t happening on our watch. We weren’t preventing some of the regulatory reforms that might have prevented us from getting here.”
Audacity indeed.
Posted September 25, 2008 by Scared Monkeys Barack Obama, Economy, Government, John McCain, Politics, Presidential Election 2008 | 52 comments |
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52 Responses to “John McCain: The Definition of Leadership … America First … Suspends Campaign … Debate Second?”
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All that gap yesterday between McCain speaking and then Obama.. you can bet there were a flurry of calls between dems. trying to get the upper hand.. before he went out.. He wants the debate, because he’s been practicing for 3 days and he might forget what his answers are suppose to be.
MSM has become like Baghdad Bob.. There is no USA planes in Iraq(while one flies by his head).. That is not news..that is propaganda.. Women’s rights only if you agree with their politics and freedom of speech only if you agree with their politics..that is not a democracy..
Yeah… We know.
Leadership that leads you straight to the poor house.
I posted a VERY long time ago that we were heading to the BIGGEST RECESSION this world has ever seen…
I was scoffed… EVEN by Red, himself.
Even, I, know not to spend more than I have or to take advantage of ignorant first-time buyers that don’t realize ‘housing’, just like every other market, goes up and down. Besides, is it the people’s fault that a few banks, probably the largest being Bank of America; sold a sucker a bad set of goods? Fine for them to say… I know for a fact those banks own several skyboxes in every colliseum in the nation. Maybe they need to tighten THEIR belts, too. I think we’re in for a rough ride!
And, then, we have the elderly that don’t think they can handle the drop in their 401(k) values… If it’s the responsibility of government to assure the growth of our investments, why bother? Did they bail out Enron? Not hardly… and ALL their employees lost everything in their retirements… forever!
Why, oh why, did we EVER put another Republican in the Whitehouse. I’m sorry, but SOMETHINGS got to change!
Signed:
Tree huggin’ and polar bear lovin’ momma, perhaps more liberated than liberal…
Patti
This action by McCain was also politically astute.
In case nobody is aware, Congress is chafing at the bit to go into recess, so it can take care of the REAL business of the country (in THEIR eyes) … going back to their home states and districts and running for re-election.
Who knows, maybe McCain’s action will persuade some of the people in Congress to stay on the job, if that word can be used of what they do.
Actions show leadership?
His only action is his ducking a debate(probably all of them by the way) and his apparent fear of being asked real questions that aren’t the usual softballs he’s used to at the bogus shill-filled “towne meetings”. Alas and alack, no matter how hard you SPIN it, it still is not “leadership”, it’s…
RUN BUBBA, RUN!
Greta is running this story..
Senator Obama and DNC Chairman Howard Dean act now….do the honorable thing. Put an end to the running of the ad below and don’t tell us you can’t. I don’t believe you can’t stop this or at least publicly distance yourself. This ad (see below and posted so that voters can see it and make a decision about the ticket if you do nothing.) The ad is mean spirited….it is not about the issues.
(Howard: call your brother…. and tell him to stop running it…or distance yourself.)
Liberal PACs Ready Attack Ad on McCain’s Health
By JIM RUTENBERG
Two liberal groups – one of them directed by a brother of the Democratic Party chairman Howard Dean – will begin running a graphic attack advertisement Thursday morning raising questions about Senator John McCain’s health. Showing vivid and unflattering images of the fresh scar that appeared on Senator McCain’s face immediately after his last operation for melanoma skin cancer eight years ago, the commercial ends with a screen headline that reads, “Why won’t John McCain release his medical records?”
http://gretawire.foxnews.com/2008/09/25/time-to-do-the-right-thing/
My point…
Go to the bank, if you have any accounts that are over $100,000, correct them.
Banks should be held responsible, just like everyone else. If I default, what happens? I lose. Yet, they have defaulted and taken advantage of WAY to many people to mention and they get off scott free?
That doesn’t sound like leadership…
Sounds like GREED!
.
George Bush, Jr.
Another president that has left America in despair…
Just GET the HELL OUT…
CROOK!!!
.
It’s obvious Obama is not about this country, nor has he or Michelle ever been….he looks like a complete dud sitting beside those in leadership…flappy eared racist black muslin who doesn’t represent anything worth while…I say kick his a~~ out….he’s a piece of nothing…..even a dog would know better than to trust his black a~~…
ccXc
Ah, yes. McCain is so above all the politicking, and his motives are so very very pure, that his campaign put out a talking points memo on how to best frame McCain’s suspension of his campaign. A sure sign of a suspended campaign that is not at all interested in politics, spin, and bullshit. What a glorious, principled Man of Honor.
A man who, himself, admitted that he doesn’t know much about the economy quitting a campaign that is not going well to “fix” the economy?
Grandstanding is all it is…But then again, that’s politics and McCain was a POW.
Did I mention that McCain was a POW?
You know McCain was a POW.
KZS:
It isn’t Obama ducking the debates… and it wasn’t McCain that called Obama… it’s the opposite.
This is the biggest joke of a website I have ever seen. I have a credible, very credible, source that says Obama approached McSame and asked that they put their differences aside to deal with the current financial crisis, under the table. McSame agreed and then went and took it to the media as his idea. This f’in b@stard is a crook of mega proportions. If you haven’t ever been to snopes.com you need to visit. It separates fact from fiction when dealing with the truth. Look up McCain’s link and then look at how he left his wife. That should be all you need to know. Even his conservative friends tell the whole truth about what happened. This guy is a farce and he will deal this country even more misery than we are already feeling from the Shrub.
Check it out at snopes.com.
from what i am getting about this is the congress almost had a deal to approve of a revised bailout plan.
then mccain come along, he only just read the plan, doesn’t know much about the economy – thinks the fundamentals are strong, and the whole deal is off the table and congress had to start from scratch again.
it might even take until the end of next week to get a deal again if mccain keeps interfering.
meanwhile mccain can bail out of the debate and possibly even the vice-presidential debate too.
and all this under the cover of suspending his campaign.
#1, maggie, you hit the nail right on the head.
i really do want mccain to take a few hours off tomorrow to debate obama. like you said, he’s spent a whole week boning up on what he’s been bragging about being competent in this whole campaign. i’ve really been looking forward to mccain cleaning his clock. obama won’t have his teleprompter to fall back on, his study hall has been interrupted and we’ll find out for sure which candidate can multi-task and which one falls on his face.
dennisintn
dennisintn,
wanna put money on who is the lost one? I promise you it won’t be Obama. McSame is a joke.
You are funny..most of the country don’t support the bill as is.. Congress didn’t almost have a deal..Some dem. senators came out today and said the bill was supported. Newt Gingrich was on tonight and said not one Republican in the House of Representatives was on board for this bill..and most American’s don’t agree with the bill.He said he talked to leaders. He said they need to redo the bill..and gave specifics.. John McCain don’t favor the bill as is.. Obama went out and said America is facing the one of the worst crisis’s ever, btw call me if you need me..
People have called their representatives to say they don’t support the bill as is.,, They will rework it and it will pass.. on the changes.. They also want to include a tax cut in it(I think)
The current bill puts 20% of the money into Acorn and takes it away from debt retirement.. Acorn sounds familiar.
If McSame was the same… He would agree with Bush’s bill and he don’t..
#11 caesu
You don’t get it at all. McCain put country first. We are having a real melt down.
Obama says “if you need me give a call”
How weak is that?
#16: Ssssshhh….I have a secret to tell you:
“Suspending the campaign”…is part of the campaign.
They say that life imitates art. If so, art these days, in Washington, must consist of a movie by the Three Stooges (remember them?).
Now, it seems, the Republicans are blocking adoption of the emergency package as paying too much and are proposing another plan.
Meetings at the White House today broke down into angry shouting after the apparent concordance fell apart.
And the rest of the world must be wondering what is in the drinking water in Washington… this AP story came out about ten minutes ago. I’m putting only excerpts here.
WASHINGTON – A Republican rebellion stalled government efforts Thursday to avoid economic meltdown, a chaotic turnaround that disrupted the choreography of an extraordinary White House meeting meant to show joint resolve from the president, the political parties and the presidential candidates.
After six days of intensive talks on the $700 billion financial industry bailout proposed by the Bush administration, with Wall Street tottering and presidential politics intruding six weeks before the election, there was more confusion than clarity.
An apparent breakthrough was announced with fanfare at midday by key members of Congress from both parties — but not top leaders. Wall Street cautiously showed its pleasure, with the Dow Jones industrials closing 196 points higher.
But the good news and the market close were followed by a rash of less-positive developments.
Washington Mutual Inc. was seized by the Federal Deposit Insurance Corp. in the largest failure ever of a U.S. bank, after which JPMorgan Chase & Co. Inc. came to its rescue by buying the thrift’s banking assets.
And a late-afternoon White House summit bringing together President Bush, presidential contenders John McCain and Barack Obama, and top congressional leaders, described as “a full-throated discussion” by one person in the room and “a contentious shouting match” by McCain’s campaign, broke up with conflicts in plain view.
Conservatives were in revolt over the astonishing price tag of the proposal and the hand of government that it would place on private markets.
Sen. Richard Shelby of Alabama, the top Republican on the Senate Banking Committee, emerged from the White House meeting to say the announced agreement “is obviously no agreement.” McCain’s campaign issued a statement saying, “the plan that has been put forth by the administration does not enjoy the confidence of the American people as it will not protect the taxpayers and will sacrifice Main Street in favor of Wall Street.” The White House, too, acknowledged there was no deal, only progress.
Meanwhile a group of House GOP lawmakers circulated an alternative that would put much less focus on a government takeover of failing institutions’ sour assets. This proposal would have the government provide insurance to companies that agree to hold frozen assets, rather than have the U.S. purchase the assets.
Inside the White House session, House Republican leader John Boehner announced his concerns about the emerging plan and asked that the conservatives’ alternative be considered, said people from both parties who were briefed on the exchange. They spoke on condition of anonymity because the session was private.
Financial Services Chairman Barney Frank, the feisty Democrat who has been leading negotiations with Paulson, reacted angrily, saying Republicans had waited until the last moment to present their proposal.
Weary congressional negotiators then resumed working into the night, joined by Treasury Secretary Henry Paulson in an effort to revive or rework the proposal that Bush said must be quickly approved by Congress to stave off potentially “a long and painful recession.”
They gave up after 10 p.m. EDT.
Talks were to resume Friday morning on the effort to bail out failing financial institutions and restart the flow of credit that has begun to starve the national economy.
Maggie,
We wont be calling Obama because we don’t need him, he would probably just vote “present” anyway.
What’s happened to Klaas? Didn’t she used to keep the Troll Spray? There seem to be a lot of trolls here lately.
A racist Muslim?
Isn’t that the pot calling the kettle black?
.
Pigs:
Read Maggie’s #1 post…
Women’s rights only if you agree with their politics and freedom of speech only if you agree with their politics..that is not a democracy..
WTF?
I guess it’s called “Troll”ocracy!
LMAO!!!
It’s amazing how some, so called ‘monkeys’ can’t take it if someone disagrees with them.
They have to resort to name calling!
I’m glad none of you will be using your diplomacy
to solve any problems that REALLY count!
.
Troll!?!?!!!
.
Maybe Pigs need to take a crash course
in building bridges!
.
Klaas:
Everyone is entitled to their opinion, right? It’s just too bad that we can’t get much more than a bunch of hot air from most the comments on this site… please give me some substance and a little less name calling!
(klaasend)
__________________________
SM: I’m doing my best to stay out of the political arguments.
No wonder McCain doesn’t want Palin to debate.
Check out Palin on Couric talking about her foreign policy experience.
At first I thought this was a joke. What an embarrassment.
http://www.youtube.com/watch?v=nokTjEdaUGg
Can anyone tell me the difference between Palin’s answer and this person’s answer?
http://www.youtube.com/watch?v=lj3iNxZ8Dww&NR=1
You’ve got to be kidding me.
Hey, I can see the moon from my house – Think McCain will make me head of NASA?
_________________________
SM: I was going to comment but I can’t find the words (klaasend)
Glib of tongue and smooth in his delivery, Barack Obama is certainly a better speaker than Sarah Palin, especially when he is accompanied by a functioning teleprompter. Who better than he to help convert this country to socialism? His entire ‘working life’ seems to have been spent at the government teat in one way or another. His training at the feet of far left loons has instilled in him the drive to trash the free enterprise system in favor of the redistribution of other’s wealth thru government fiat. Here is an IBD article on his glorious intent. http://www.investors.com/editorial/editorialcontent.asp?secid=1501&status=article&id=302137342405551
I have to say, the economic environment of America is becoming more and more on Aruban level.
Klaas wants more substance and less name calling. I agree.
McCain balking at the “rush thru this ‘don’t ask, don’t tell’ proposal’ just pass it” bill does show that his heart for his country IS in the right place. Just shoveling 700 billion into something already failed will not take us out of the crisis.
I am interested in transperancy(sic), where is the money going, when are we getting it back, and as Sen McCain did state some people may have to go to jail for this criminal debacle.
Hats off and kudos to Sen McCain for having the guts to make that statement, the only one I think in the presidential race who did.
I really want the debate to take place as I also think it will benefit the American people in terms of making a critical and historical choice for the next four years.
#22.
Obama plays follow the leader …
You are so typical of a liberal. This post is about Barack “follow the leader” Obama and the man who has taken charge and put America first … John McCain.
It is comical that you and you folk need to make comparisons to Obama and Palin. It just goes to show all of America that Obama should not be running for President … maybe VP at best. Maybe the dog cather position is open in Chicago this election season.
Obama has once again failed to step to the plate and show leadership. This financial crisis is not about Obama and his self promotion or interest. Its about Americans.
Only one candidate has always put America First and fought for America … that man is John McCain.
R
i see the trolls took yesterday off to help barry prepare his teleprompter for a debate. he has no American policies to debate and has to be led by the nose everywhere he goes.
it is evident that he is not a leader, has not served our country in any form except to degrade it by attending hate meetings at his so called church for 20 years.
#26 Scared Monkeys
Well said………
It was GW Bush himself who is indirectly responsible for the current financial disaster:
Check http://www.whitehouse.gov/news/releases/2002/10/20021015-7.html#
In 2002 GWB wanted mortgages for anyone, even for the people who could not afford it. Fannie and Freddy were literally forced to offer cheap mortgages.
__________
SM: Sorry, these laws were initially passed under Carter.
Also under Bill Clinton. Everyone is to blame including those who took the mortgages. Democrats blocked regs and oversight like Barny Frank.
However, who is going to help solve … blame game is easy.
R
Ever get the feeling that the laws of reality have been abrogated? (Nothing new in politics…)
Now Rep. Barney Frank is blaming the Republican dissidents for the breakdown of what he seems to regard as an agreed-on bailout package.
He, of course, is the friend of Connecticut Sen. Chris Dodd, who for years has been head of the Senate Finance and Banking Committee.
You know, the folks responsible for regulating the industry … and all they do is scream
Bush
Bush
Bush
Bush
Bush
Bush
Bush
Bush
Wonder why?
Just think … if either political party had listened to me, and accepted my suggestion that moderator Klaasen be their vice-presidential nominee, all this turmoil would have been avoided.
Yes Richard, the socialist left in office certainly do wish the economy would collapse. Called destroy and rescue. they destroy the economic and moral climate and then rush in with a “fix” that puts the population under the thumb of government.
I see it too. Those on the left never will…they don’t want to and prefer to be a slave of the state. They would rather rely on government then actually work hard or experience any hardship at all for that matter.
Our founding fathers must be doing summersaults in their graves.
Kay Zee, it’s obvious you are not interested in fact. FACT is John McCain wanted several MORE debates than are scheduled…and guess who refused? Yup..YOU Obamanation did! Now, as the typical truth spinner he is, Obamanation is trying to make it appear he is “so ready to go forward now.” Too bad he didn’t have that attitude when McCain asked for extra debates…but your liberal media is not about to report that now, are they?
Sm (Re#26)
I won’t argue that Obama has shown leadership here. I will pre-concede that he has not, in any meaningful public way.
But neither has McCain…..what has he done, except proclaim that he was taking leadership?
He hasn’t taken a position. He hasn’t explained anything to the public. He didn’t really suspend his campaign and he didn’t “take the next flight back to Washington”. He doesn’t seem to be speaking for his party.
I am dissappointed in both of them, but this community has put his actions up on a pedestal…but for doing what?
Historically, McCain is a deregulator. His record is rock solid on that one, and until last week he would shout that at anyone who listened.
Historically, McCain was up to his kneecaps in the Savings and Load scandals (Thankfully only his kneeCaps, which kept him out of prison). These SNL failures are the closest thing this side of the great depression to the current situation, and McCain was in the wrong, then.
So therefore, if we look at the “real McCain”, he should be shouting “HANDS OFF” at this proposal, and banging his pots together. But he isn’t. He isn’t leading anyone right now, either.
I started this election cycle assuming that I would vote for McCain, but both candidates just don’t stop dissappointing me.
Patti at #2
Recession =
As reflected in the gross national product, a decline in economic activity in at least two consecutive quarters.
http://tinyurl.com/44pyu9
This has not happened yet. Wishful thinking on your part.
Obama lovers will get their recession(Should he get elected), followed by a depression, which they will promptly attempted to blame on Bush.
Marxism and Capitalism can not exist in the same economic theater.
Interesting that Bill Clinton made this comment ~
What Did Bill Clinton Mean By “We Just Have to Slow Down Our Economy” to Fight Global Warming?
January 31, 2008 9:26 AM
Former President Bill Clinton was in Denver, Colorado, stumping for his wife yesterday.
In a long, and interesting speech, he characterized what the U.S. and other industrialized nations need to do to combat global warming this way: “We just have to slow down our economy and cut back our greenhouse gas emissions ’cause we have to save the planet for our grandchildren.”
At a time that the nation is worried about a recession is that really the characterization his wife would want him making? “Slow down our economy”?
http://blogs.abcnews.com/politicalpunch/2008/01/bill-we-just-ha.html
++++++
Anyone see the scheme here? Use a phoney ploy to cripple the American people. Hurt the American people on purpose.
Anyone who votes Democrat in this election should have their voting rights stripped. THIS IS UN-AMERICAN!
++++++
THANKS TO Bill Clinton, Al Gore, Chris Dodd, Barney Frank, Nancy Pelosi, Harry Reid, Hillary Clinton, Tom Daschile, Barbara Boxer, Diane Finestein, and the rest of this rotten cabal the American people are no going to see Democrat economic plans in action.
Don’t say you weren’t warned.
go ahead Patti and other dems – make your excuses and blame Bush… go ahead, it’s falling on deaf ears. You could be presented with the proof a million times and never ever see the reality staring you right in the face.
Democrats = head in sand.
Here is an email that’s going around…sounds a lot better than what’s out there.
Here’s a plan lots of folks could get behind!!!
================================
I’m against the $85 BILLION bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to America in a ‘We Deserve It’ dividend. To make the math simple, let’s assume there are 200,000,000 bona fide U.S. citizens, aged 18+.
Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into $85 billon – that equals $425,000.00 each! Yes, my plan is to give that $425,000 to every adult as a ‘We Deserve It’ dividend.
Of course, it would NOT be tax free. So, let’s assume a tax rate of 30%. Every recipient would pay $127,500.00 in taxes. That sends $25.5 billion right back to Uncle Sam! It also means that every adult 18+ has $297,500.00 in their pocket. A husband and wife would have $595,000.00!
What would you do with $297,500.00 to $595, 000.00?
• Pay off your mortgage – housing crisis solved
• Repay college loans – what a great boost to new grads
• &nb sp; Put away money f or college – it’ll really be there
• Save in a bank – create money to loan to entrepreneurs
• Buy a new car – create jobs
• Invest in the market – capital drives growth
• Pay for your parent’s medical insurance – health care improves
• Enable Deadbeat Dads to come clean – or else
Remember this is for every adult U.S. citizen, 18 and older (including the folks who lost their jobs at Lehmann Brothers and every other company that is cutting back) and of course, for those serving in our Armed Forces.
If we’re going to re-distribute wealth let’s really do it! Instead of trickling out a puny $1,000. (‘Republican vote buy’) economic incentive.
If we’re going to do an $85 billion bailout, let’s bail out every adult U.S. citizen!!
As for AIG – liquidate it.
• Sell off its parts.
• Let American General go back to being American General.
• Sell off the real estate.
• Let the private sector bargain hunters cut it up and clean it up.
We deserve the money and AIG doesn’t. Sure it’s a crazy idea, but can you imagine the coast-to-coast block party?!
How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d!
I trust my fellow adult Americans to know how to use the $85 Billion ‘We Deserve It’ dividend more than I do the geniuses at AIG or in Washington, D.C.
And remember, this plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.
I heard Mccain derailed and messed up the meeting
Rob,
Republicans=Bankrupt America
Here’s a suggestion get your head out of the sand
Since someone mentioned AIG, I’ll tell you what I know about that disgusting company.
I work in IT/outsourcing for Insurance Companies. Many of our upper managers came from AIG when they started this company 5 yrs ago. They brough along many of the foreigners here on work visas who work in programming as well as money and data transfers. Financially, the company I work for is already near ruin after 5 yrs. Both AIG and Starr have major stock-holders and upper management by the same family…same family that invested and began this one.
Not only that, we took ALOT of AIG’s business when the “big wigs” left that nasty pond for this one. Being I enforce SOX compliance standards, I was horrified that ALL OF THE WORK VISA HOLDERS AND OFF SHORE CONTRACTORS HAD FULL ACCESS TO ALL CUSTOMER DATA. Yup, that’s right. Access to all personal information, banking transactions, etc.
In the world of IT, the programmers are not supposed to be able to do ANYTHING in the live production environment, but at AIG it was the ONLY way they conducted business. Three 1/2 yrs into this job and I am still closing loopholes so we can pass a security audit…last one we did not do well.
So, that said, I can say business practices @ AIG are non-existant. So, I can only imagine their financial practices are the same. I mean, we all know that now.
I worry about how much IT work we send offshore. YOu may as well put all of your personal information out on FaceBook as non-secure as most of it is. That’s a fact. Our IT systems in many instances are LESS secure than our boarders.
There is alot to worry about. Financially we are having enough trouble, but for those worried about homeland security and what the government is looking at..think again! I’d rather have our own government looking through my personal information than a disgruntled employee working from India and hacking into a server with all of my private information on it.
bushsucks – sure you have credible “inside” sources. Please. Stop. Well my credible inside sources say the McCain camp has been talking about doing that earlier in the week when this started.
It’s just like you left winged liberals to take snippets of McCain’s words instead of the whole context. Even Bill Clinton, the liberals’ GOD, said McCain acted in ‘good faith.’ I’d take his word over any of you NON-KNOWING SOBs.
Patti – please stop pretending you called the recession. you have no original ideas, you were just piggy-backing off what OBAMA-NBC was putting out there. It’s funny, you have no clue. Barney Frank – DEMOCRAT – is the one who pushed hard for “social engineering,” that is making housing affordable for lower class people. Dems are the ones who created this mess and now they want us to bail out those ignorant people who can’t add or substract what they have in the bank and what they can afford. The Dems are the ones who created those “chop shops;” and now they are b*tching about those same “chop shops” that handled most of these sub-prime mortgages.
It’s so easy and so un-original to blame all of this on Bush. It’s the easy way out without critically thinking about it and giving an original response of your own.
LET’s GET THIS CLEAR: OBAMA DUCKED MCCAIN ALL SUMMER LONG, 10 DEBATES. You know why? BECAUSE OBAMA CAN’T DEBATE. IF HE WAS SUCH A GREAT DEBATER, he could have accepted McCain’s invitations, and put McCain away months before the election. The reason he didn’t because he needed more time for his people to prepare the Manchurian Candidate for the debates.
Why would McCain not want to debate Obama on foreign policy (tonight’s issue)? Obama can’t sniff McCain’s underwear when it comes to foreign policy. The country will see tonight why all Americans should be afraid of Obama if he’s elected.
well, the mccain campaign is up and running again.
debate will go ahead as planned.
but there is no agreement on the bailout.
i thought mccain suspended his campaign until that was sorted out…
mccain: campaign first, economy second, country last.
flippy – how do you know what McCain has said behind those closed doors? You don’t. Stop pretending you do and go complain to your mommy!
#29 SM:
And what did GWB do in the last 8 years to minimize the risks ? Nothing … AND in 2002 he personally wanted 5 million more mortgages, even for people with a low income.
And besides, the US is the largest financial market in the world, but until today there is NO advisory board (unlike many other countries) that acts as a supervisor. Now with the $700 billion financial bail out plan, they also want a supervisor. Little bit too late, don’t you think ?
caesu – make up your mind loser.
You blast him for trying to put off the debates and now you blast him for doing the debate as planned. You flip flop more than out of water fish and you smell like it too!
BTW, he did suspend his campaign. Campaign ads are bought air time and it usually takes a day or two to pull those ads from those time slots. It’s not as easy as saying, ok, pull all the ads NOW. Get a clue fool!
PREDICTION: McCain will debate circles around Obama. Obama will have to talk off the cuff and the world will see what a bumbling idiot he is….
FL – do you just make up stuff as you come along. This has already been discussed and closed on other topics..Bush wanted Fannie and Freddie regulated because he saw what a mess the Dems created when Frank pushed it NOT Bush. GET YOUR F’IN FACTS STRAIGHT!
Rob #35:
WTF?!?!?!
What’s the matter, Rob? You can’t read between the lines? I posted that remark regarding my comment to Red, not you. Red knows when it was I said that and he, also, knows that it had nothing to do with MSNBC. I’m not attacking him or you, but, I certainly hope that there is plenty of room on this blog for all of us, no matter our religion or political views…
Where, on earth, do you get this theory about socialists trying to take over America? And, please, read the headlines again. This is not a proposal introduced by Democrats. Who else, other than the Republicans, would come up with such a rediculous idea to cover over the inept way in which he ran our government. You and your friends jump all over Clinton, however, if you remember, it was HE that balanced the budget and had a surplus after his eight years in office.
I guess it wasn’t enough to have won an election that he really didn’t win, rally his troops to go to battle for a war based on false information… but, now, we are to bail out the same companies that have been charging us OUTRAGEOUS interest rates, foreclosing on our homes and kicking us to the curb?!?!?
How FAIR is that?
I guess the signs will have to go up in your neighborhood before you understand that it is the Republicans that have been leading US around by the nose, spending our money on nonsense and spoon feeding us B.S. for the last eight years. If McCain is not one of them, then, maybe he should have run on the Independent ticket. But last time I checked, if it quacks like a duck, etc.
My GOSH! He can’t even act like a gentleman in an Emergency Senate meeting… and you want him to act as a representative for our country?…
Get REAL!
and I don’t mean ESTATE!
.
Why, OH WHY, did we EVER allow a Republican into the Whitehouse?
.
Hey Scott:
How are our unemployment numbers looking?
Get YOUR facts straight!
LOL!
The original bill called called for 20% of the 700 billion bail-out go to ACORN..
This is ACORN..
CRL Testimony on ACORN’s Voter Fraud
09.25.08, 10:34 AM ET
WASHINGTON, Sept. 25 /PRNewswire-USNewswire/ — James Terry, Chief Public Advocate for the Consumers Rights League, today testified at a joint House Administration and House Judiciary Committee oversight hearing on “Federal, State and Local Efforts to Prepare for the General 2008 Election,” where he highlighted “corruption at every level of ACORN including embezzlement, cover-ups, misuse of taxpayer funds and voter fraud.” An excerpt of his testimony follows:
“ACORN routinely says it will clean up its act. Yet, given its decade-long history of voter fraud, embezzlement, and misuses of taxpayer funds, ACORN’s pattern of fraud can no longer be dismissed as a series of ‘unfortunate events.’
“The problem of voter registration fraud raises serious questions for this committee, and the Consumers Rights League appreciates that the right questions are being asked.
“Here are the most important questions right now: We know about the thousands of potentially fraudulent voter registration cards turned in by ACORN and caught by officials. But given the size of ACORN’s efforts and the fact that the abuses appear to be systemic, we believe it is fair to question how many more fraudulent registrations have not been discovered, Furthermore, as this mega organization with a decades long history of violating the law is turned to get out the vote efforts, we believe it is fair to question how many fraudulent registrations may lead to fraudulent votes or what other activities they are willing to undertake to influence the election.
“These are serious questions, especially in light of recent election results which show that a just few votes can change the outcome of an election, the course of our country and the course of history.
“While we do not presume to tell this committee how to address this problem, we respectfully submit that our nation’s election system is facing a concerted campaign that raises serious issues that merit the committee’s oversight and attention.”
Complete transcript of hearing testimony: http://www.consumersrightsleague.org/uploadedfiles/JamesTerryACORN9-24.pdf About The Consumers Rights League:
The Consumers Rights League is a non-profit, non-partisan educational organization dedicated to protecting consumer choice and access to the marketplace. Through investigative analysis, CRL produces quality research that thoroughly documents the real-world choices and challenges consumers face and reports on the benefits enjoyed by an overwhelming majority of consumers. Learn more about CRL’s mission at http://www.consumersrightsleague.org .
SOURCE Consumers Rights League
One ex.. Operating in at least 38 states (as well as Canada and Mexico), Acorn pushes a highly partisan agenda, and its organizers are best understood as shock troops for the AFL-CIO and even the Democratic Party. As part of the Fannie Mae reform bill, House Democrats pushed an “affordable housing trust fund” designed to use Fannie Mae and Freddie Mac profits to subsidize Acorn, among other groups.
Acorn and its affiliates have pulled some real stunts in recent years. In Ohio in 2004, a worker for one affiliate was given crack cocaine in exchange for fraudulent registrations that included underage voters, dead voters and pillars of the community named Mary Poppins, Dick Tracy and Jive Turkey. During a Congressional hearing in Ohio in the aftermath of the 2004 election, officials from several counties in the state explained Acorn’s practice of dumping thousands of registration forms in their lap on the submission deadline, even though the forms had been collected months earlier.
Volcker was appointed Fed Reserve Chairman under Jimmy Carter 1977 until 1981..(wiki)
Paul Volcker, a Democrat[3], was appointed Chairman of the Federal Reserve in August 1979 by President Jimmy Carter and reappointed in 1983 by President Ronald Reagan.[4] Volcker’s Fed is widely credited with ending the United States’ stagflation crisis of the 1970s by limiting the growth of the money supply, abandoning the previous policy of targeting interest rates. Inflation, which peaked at 13.5% in 1981, was successfully lowered to 3.2% by 1983. [1]
However, the change in policy contributed to the significant recession the U.S. economy experienced in the early 1980s, which included the highest unemployment levels since the Great Depression, and Volcker’s Fed also elicited the strongest political attacks and most wide-spread protests in the history of the Federal Reserve (unlike any protests experienced since 1922), due to the effects of the high interest rates on the construction and farming sectors, culminating in indebted farmers driving their tractors onto C Street NW and blockading the Eccles Building
He is today an economic advisor to Democratic presidential candidate Barack Obama.
Clinton passed NAFTA with his add ons and voted for deregulation..
Democratic Congress for the last 2 years.. Know any of them who got up and spoke about what was going on with the economy during that time and tried to reform it? Know any who tried to do away with deregulation? It was Barney Frank who said it isn’t fair that only RICH people can buy homes. The do nothing Congress with 9% rating. Left and went home, but they did manage to get bills honoring the potato and watermelon and talking about the origin of the word baseball. To say Bush and McCain is totally reponsible for this is a joke.. John McCain spoke more than once about this.. even coauthored a bill on it. It was also said his deregulation was so you could use your atm cards across state lines. Bush did speak up more than once. Grant you he could’ve done more.. but to blame all this on them is cuckoo.. 3 people who worked for Clinton went on to be CEO’s at some of these companies and walked away with millions. 1 worked for Obama.. Top receivers of the money went to Dems.
As for the Palin sound bite..another gotcha.. like the Bush Doctrine. Obama just spoke out against McCain a few days ago , when Biden was saying the same thing agreeing with McCain.. Biden has made one error after the other speaking. Obama has been campaigning for a year, so has Biden.
Hi Scott….please keep posting, I like what I’m reading.
Are you new to SM, or have I just not noticed?
Scott:
I’m just kidding…
My point is that unemployment is SKY high.
But, not to fear…
We’ve found a savior before in Bill Clinton.
And we’ll find one again.
Maggie:
#47
You GO, Girl!
You’re Awesome!
.
Yes Scat keep posting.
When you see the rantings of a wingnut such as Scat it just reminds people what being a member of the republican party is about.
Keep posting Scat.