Come on people.  What does it take to convince you that McCain is out of touch with the majority of Americans and that Republicans can't handle he economy?  The government has rescured Fannie Mae and Freddie Mac.  The government is going to rescue AIG.  Lehman Brothers and Merrill Lynch are in trouble.  WAMU is in trouble.  Who's going to pay for this?  It won't be the CEOs of these companies (though capitalism says that it *ought* to be).  It will be us.  

Republicans, like Democrats, believe in wealth redistribution.  It's just that Republicans believe it should be taken from the middle class and pushed up towards the rich.

theRat wrote:Come on people.  What does it take to convince you that McCain is out of touch with the majority of Americans and that Republicans can't handle he economy?  The government has rescured Fannie Mae and Freddie Mac.  The government is going to rescue AIG.  Lehman Brothers and Merrill Lynch are in trouble.  WAMU is in trouble.  Who's going to pay for this?  It won't be the CEOs of these companies (though capitalism says that it *ought* to be).  It will be us.  

Republicans, like Democrats, believe in wealth redistribution.  It's just that Republicans believe it should be taken from the middle class and pushed up towards the rich.

I was p*ssed when I wrote the above.  I know that most Republicans don't believe we should take money from the middle class and give it to the rich - even if that is the end result of their policies.  So I'll be clearer.  Republicans have too much (misplaced) trust in businesspeople to take care of the economy.  This is why a certain level of regulation is necessary - to stem the problems caused by greed.  Many good business people complain about too much regulation because it prevents them from doing good business.  Many bad business people complain about too much regulations because it prevents them from stealing more.  Republicans *used* to be for smaller government - therefore less regulation.  Democrats lean the opposite direction.  But under Bush this balance has been pushed *much* further towards de-regulation and lack of enforcement of existing regulation.  The net result?  You're looking at it on the frontpage - massive fraud and instability.

McCain talks about the economy like a Bush-clone.  He has said even recently that the fundamentals of the economy are strong.  In previous interviews he said he doesn't "know much about the economy".  The man he hired to direct his economic policies, Phil Gramm, described America as a bunch of whiners suffering from a mental recession.  In short, everything McCain has done so far has indicated that he is comfortable with how things have been directed over the last 8 years.  Voting for McCain is voting for more of the same.

Rat.  Do you read or listen to the news?  I mean as opposed to the talking points on Daily Kos or Democrat Underpants.org??   Do they allow you to do any research YOURSELF other than take as the gospel what they say??  I thought  not.

This AIG thing started in the Clinton Administration.  Your boy Obama has been making loads of money off political donations from his friends that are involved with this.   It is a wonderful deal for people associated with the clintons...Jamie Gorelick for one.   Robert Reich...remember him...said this very thing the other day...the only thing he didn't do is mention the administration just the clinton administration officials that set it up.  When the republicans reclaimed the white house, the president attempted to try to fix it just so this would not happen.  The democrats and the mortgage companies said, oh there's no problem...no, we don't have to do anything.    Don't even try to lay this at the door of conservatives.  This is democrat originated and maintained.  If you want to believe a lying media, there's nothing anyone can do about it.

Actually, the fundamentals of the economy are sound, except the Government will not get out of the way and let the free market run the way it is meant to run.  

We are not in a recession even though the Democrats have been saying that throughout this entire election process.  The growth rate has not been negative for even one quarter.

SoldiersMum wrote:Actually, the fundamentals of the economy are sound, except the Government will not get out of the way and let the free market run the way it is meant to run.  

We are not in a recession even though the Democrats have been saying that throughout this entire election process.  The growth rate has not been negative for even one quarter.

Not sure how you can argue that the fundamentals of the economy are strong - perhaps you're making a joke?  Competition is what make our economy strong - but unfair competition - either through breaking the law or changing the law to benefit yourself is morally wrong and bad for the economy.

Calypso Jones wrote:Rat.  Do you read or listen to the news?  I mean as opposed to the talking points on Daily Kos or Democrat Underpants.org??   Do they allow you to do any research YOURSELF other than take as the gospel what they say??  I thought  not.

I don't know.  Calypso, do you ever tire of feigning incredulity and righteous indignation?  I used to do that a lot.... when I was 14.

theRat wrote:

Calypso Jones wrote:Rat.  Do you read or listen to the news?  I mean as opposed to the talking points on Daily Kos or Democrat Underpants.org??   Do they allow you to do any research YOURSELF other than take as the gospel what they say??  I thought  not.

I don't know.  Calypso, do you ever tire of feigning incredulity and righteous indignation?  I used to do that a lot.... when I was 14.

And I don't read Democrat Underpants.org anymore since they got rid of the comics.  

theRat wrote:

Calypso Jones wrote:Rat.  Do you read or listen to the news?  I mean as opposed to the talking points on Daily Kos or Democrat Underpants.org??   Do they allow you to do any research YOURSELF other than take as the gospel what they say??  I thought  not.

I don't know.  Calypso, do you ever tire of feigning incredulity and righteous indignation?  I used to do that a lot.... when I was 14.

That recent heh?   Oh, i'll bet you've never feigned incredulity or righteous indignation.    You're young now.  You'll have plenty of time to regret your words.

There is a difference between a 'financial' crisis and an 'economic' crisis.  The current 'financial' crisis has proven just how strong the fundamentals of our 'economy' really are.

My only fear is that this growing government intereference into the current financial crisis, by not allowing the market to self correct, will most certainly undermine the fundatmentals of our ecomony - making things much worse for our economy in the long run.

dittohead wrote:There is a difference between a 'financial' crisis and an 'economic' crisis.  The current 'financial' crisis has proven just how strong the fundamentals of our 'economy' really are.

My only fear is that this growing government intereference into the current financial crisis, by not allowing the market to self correct, will most certainly undermine the fundatmentals of our ecomony - making things much worse for our economy in the long run.

Well, the Bushies are pushing hard for a bailout of AIG.  Again, the Bushies are only capitalists until *their* money is in danger - then they become socialists.