Thread: WTF? Herbert Hoover 2.0?
#1 WTF? Herbert Hoover 2.0?09-15-2008, 09:31 PM
US economic ‘fundamentals’ strong: McCain
Published: Tuesday, 16 September, 2008, 12:27 AM
JACKSONVILLE: Republican John McCain Monday insisted US economic “fundamentals” were still strong, drawing an immediate rebuke from his White House foe Barack Obama as global stocks plunged.
McCain’s vice presidential nominee Sarah Palin meanwhile warned that “Washington has been asleep at the switch” as both campaigns battled to show they were in touch with the fears of working Americans as the crisis evolved.
The Arizona Senator twinned his remarks with a vow for a major reform drive of financial regulatory systems if he is elected president on November 4.
“There has been tremendous turmoil in our financial markets and Wall Street. People are frightened by these events,” McCain told supporters in the key battleground state of Florida.
“Our economy I think, still, the fundamentals of our economy are strong, but these are very, very difficult times,” Senator McCain said.
“I promise you, we will never put America in this position again. We will clean up Wall Street,” McCain vowed, drawing loud cheers from his supporters.
http://www.gulf-times.com/site/topic...3&parent_id=19At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
09-15-2008, 09:36 PM
- Join Date
- May 2005
- Hartford, CT USA
This was a pretty stupid statement. Today's event's will shift the focus away from the cultural issues that Palin has highlighted, back to economics, the swing issue for the swing Centrists. McCain had an opportunity to at least do himself no harm. He fumbled it. Bad mistake on a day that will be looked back on as a major turning point (not to say there won't be others).
09-15-2008, 09:42 PM
I'm the only person of distinction who has ever had a depression named for him.
09-15-2008, 11:47 PM
EyelidsGuest09-16-2008, 12:56 AM
For the first time since her nomination Sarah Palin isn't the bigget story in the news cycle.
09-16-2008, 03:38 AM
John produced a big turnover on this one, no doubt about it. However I'd like to raise the arguement of what, exactly, is Senator Obama's alternative to boost our sagging economy? Over a trillion dollars of new spending? More then 1 trillion in proposed taxation? The continued federal buyout (illegally misappropriated with taxpayer dollars, I might add) of our Financial institutions? If Obama would offer real Change by leading the charge on getting this country Fiscally Solvent instead of taxing us into the poorhouse while continuing to spend spend spend, he might lift his falling poll numbers."Don't vote. It only encourages the bastards." -PJ O'Roarke
09-16-2008, 04:18 AM
But what I'll never understand is why people continue to believe in Socialism. How can you be willing to just become a mindless zombie of the State?"Don't vote. It only encourages the bastards." -PJ O'Roarke
09-16-2008, 11:29 AM
A financial institution goes under over the weekend that’s been in existence since the Civil War and "our fundamentals are still sound?" And all the sudden the fundamentals McCain was speaking of are "the American workers and entrepreneurs?" And to criticise that is to knock the American people? WTF?
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