On Sun, Oct 12, 2008 at 8:52 PM, Gruss Gott <[EMAIL PROTECTED]> wrote:
> (1.) BANKING REGULATION > McCain: Spent 30 years along side Phil Gramm fighting for > deregulation. In his own words from this year McCain said, "I'm > fundamentally a deregulator." As he should. You're playing a game here. McCain wanted to regulate government backed Fannie/Freddie not banks. It was those government backed agencies that regulated banks into destructive lending practices. If banks weren't pressured we probably wouldn't have had this problem. > Obama: Spent his entire career advocating and fighting for citizen's > interests on a local level. He is an Adam Smith "Moral Sentiments" > thinker and favors regulation when it enables "the invisible hand." What has he ever done besides distribute money based on Ayers instructions to teach his socialism to school kids? Oh yeah, he worked for ACORN. > (2.) THE CRISIS > McCain: Has gone from everything is ok, to don't panic, to suspending > his campaign, to absurdly calling for the sacking of the SEC chairman, > to failing to get even his own party to support his initiative, to > calling for using taxpayer money to buy mortgages high from banks and > sell them low. And I'm sure he's not done. > Obama: We must act quickly to restore confidence with a short-term > investment that contains 4 core principles: protect taxpayers, invest > rather than give away, provide treasury oversight, and provide > homeowner assistance. He worked to get his principles built in and > then lined up a coalition behind a bill and got it passed on the first > try. He said himself he did nothing. "I should have made some calls" Polosi filled the bill with pork and they all jumped on board. > > (3.) THE ECONOMY > McCain: In his own words the economy is not McCain's strong point. > His lurching behavior throughout this crisis proves him correct. > Further, McCain is not interested in the economy. Even the economists > that originally endorsed McCain have expressed concern over his latest > mortgage buyout proposal. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:273965 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
