Reading it is worse than listening…except you don’t have to look at him. The writing is surely less than his MBA C. Awful. He must have written it himself.

The nightmares should be especially vivid tonight.

Dave starting with the McLiar spot…Hot

Digg

I know it is foolish but I am still amazed that Zippy the Clown can sleep at night.

HT to Thomas Mifflin for opening the DIGG!!
So now that is open come and DIGG IT!!

Glad I missed it. Reading it was bad enough. I noticed a few very brief Big Lies sprinkled strategically here and there, which I suppose were intended to help McCain. Too bad McCain probably threw away his candidacy today, all those nice lies will go to waste now.

This is Bush’s economic smoking gun speech.

Fear and fear and more fear.

Screw him and screw them all. Let it collapse, it’s a harder fall from the penthouse to the gutter than from the curb to the gutter.

-G

I had to mute the sound on the TV when Georgie was talking. Already ill with some bug I got from my kid.

Bush’s speech is just the next chapter in the ‘Shock Doctrine’. I think most of main street know this and is pushing back against a Bail out bill without guarantees that the tax payer gets paid back for every penny LOANED!! No pay back without interest is a farce and nothing but an armed robbery of the treasure!

MOS interviews on NYC local news showed a lot of anger.

Try Kucinich’s plan instead.

All they have …. really after 8 years…. all they have is BOO

This is what we get with the MBA administration…… gives a bad name to MBA…

I first wondered if he wrote this speech too… then I realized there are too many of those elistist nouns, verbs and words’n’stuff in it.

And yet it’s Mc$hame acting like a scaredy cat.

The latest petition from CREDO on this Republican induced financial CRISIS!

We at CREDO disagree. We need a real debate on the economy, and we need it now. The presidential candidates should hold their debate Friday as scheduled, and address the proposed $700 billion Wall Street bailout.
We’ve been hearing a lot this week about how our economy is in a crisis — maybe the worst crisis since the Great Depression. Politicians on the left and the right have made all kinds of claims about exactly how much or little we should panic and what that means for the policies we should enact.
The Bush Administration, for its part, has continued to insist that we must give the largest free lunch in history to the Wall Street tycoons who got us into this mess to begin with, We at CREDO disagreed strongly with this position, and we put forth some of our own policy recommendations in accordance with Robert Reich’s suggestions.1
If these issues are so serious, then that’s only more reason to have a national dialogue about them, and to understand how Senator McCain and Senator Obama would handle them as president.
Americans have a monumental decision to make this November, and we need as much information as possible in order to make the best choice. We reject the notion that canceling the debate is the best way to focus on the economy. Rather, let’s use the debate to spotlight the importance of economic issues.
Click here to encourage Senators McCain and Obama to hold their debate on Friday as planned, and to focus on the economic issues facing our nation. As Americans caught in a pivotal moment in our nation’s history, we deserve nothing less.
Thank you for working to build a better world.
Kate Stayman-London, Campaign Manager
CREDO Action from Working Assets
Source:
1. CREDO’s petition on the proposed bailout

We should all be angry!! If we/individuals screwed up OUR finances as bad as Wall Street has we would be thrown to the wolves lickety split!! NO BAIL OUT Period! Let the Market forces DO its job!!

Exactly that is what I picked up on. He is sticking with the status quo. Not even pretending that they are changing how Wall Street works.

So they are telling the public to trust us this will work and we won’t have to do anything else. Including changing the system that got us into this mess.

DO NOT TRUST THE REPUBLICANS!

They are playing you for fools. This is not a crisis yet.

They are going to beat you to death on Nov. 4th with this vote. The handwriting is on the wall. Kill this or minimize this.

Oh and it was also abundantly clear that Bush was not trying to calm markets. Tomorrow will probably be bad for markets I am thinking.

From Calculated Risk:

Bush painted a grim picture view of the future if Congress doesn’t act, but he really didn’t address how the plan would work. Bush did comment that the plan was to buy assets “at the current low price”, seemingly contradicting the comments from Bernanke and Paulson earlier today that they would buy at above the current “fire sale” prices.

I’m not sure if this speech will motivate people to call their representatives, but it might motivate people that haven’t been paying attention to say: “Wow, this is bad. Let’s make sure our money is safe, and watch our expenditures.” And that could lead to a deeper recession.

http://calculatedrisk.blogspot…..anger.html

Already Dugg it, nahant!

Getting a little slow, aren’t you? :)

NOPE!! When I got there there was only two other Diggers!!

Bush cannot explain how the plan would work, or rather the speech writer cannot, whoever that is. Hanky Panky and Bernanke could not explain how the plan would work over two days of testimony.

Letterman is still ranting about McCain’s cancellation.

How are these jokers on CNBC going over the supposed deal in detail? How did they get it?

how many words does it take to obfuscate “we’re stealing the treasury”?

Exactly it is not going to work, or rather it will work to do what it is intended to do: rob the treasury and screw the Dems out of a victory.

If we go bankrupt the republics say we are irresponsible and deserve to lose whatever we lose. The greedy bastards on Wall Street go bankrupt and we have to bail them out. How the fuck does this work? I don’t believe 90% of what is coming out of Washington.

Dave’s #1 Question People are asking the McCain Campaign

#1- this is president bush, what’s the matter with the economy?

707!!

The Bush Economy (poem)

I was walking
down the isle
of the grocery store
and I heard
a little boy
ask his mother,

“Mommy,
can we buy
dog food
with
food stamps?”

http://republicanidiocracy.blogspot.com/

But riddle me this, Batman:

What if we just let the Masters of the Universe bastards fail — and then use the 700 billion to pour into community banks and the like to provide working capital for regular Americans?

You never, never quit a Debate you pledged to attend. You have made a promise, and your supporters are expecting you to do your best. If you do quit, you have lost. Obama says he will be there in Oxford.

But if Neo-con McCain wants to cut and run that is his choice. I do not need to encourage him. Let him explain the disrespect and betrayal to Ole Miss.

the ‘little gem’ paragraph…does he truly not realize that all of what he threatens might happen is already been happening…Can he be that disconnected from reality?

Dear got, Palin is a jabbering knave. This nation deserves to go down like a meteor if this person is ever allowed near the levers of power.

-G

You actually sat through the speech?! I don’t bother listening to what Chimpy sez…too bad others bother…although fewer and fewer everyday actually believe what his lips are saying. He certainly is one of the worst U.S. Presidents the country has ever had. Certainly the worst one since Harding or something. Heck, even Hoover had actually made a living based on thinking before he was elected. The current so-called President is a walking, talking robot for the filthy rich, torturers, and flim-flam financial bagmen.

i hope he keeps it up until the general

As I said in previous post, for me, the bottom line is some Congressional control and oversight, frequent review and low initial tranche. I heard $150 billion. If an independent review board can keep Hanky Panky from pissing that away over the next month, then the losses are limited and Congress can revisit it after the election

So, yeah, it stinks, but if they keep the initial tranche low, the damage both to financial sector, the economy and the election will be limited.

I read that several Democrats in Congress asked what would be wrong with a $100 or $150 billion to get us through the next few months. Hanky Panky said that would be running very grave unnecessary risks, but could not explain why that was so.

That is all I can hope for anymore.

Well, hang on to your hats for Great Depresion II starting exactly Monday noon if the ink aint dry (Did the McCain campaign really say that? They have gone mad, stark raving mad. How can anyone believe anything they say.)

But I can remember a time when you would have had the first Digg…if I didn’t!

Ah Dennis, my hero.

-G

Personally, they can’t fucking have my seven grand.

A national tragedy, not first time but from last eight years we are facing it and suffering. The drama of this hight was not expected from any sensible government. The mistake of some in this case wall street, public have to pay for that, it is ridiculous. No wonder, one can guess what more is going to come till November. God can only save our country.

http://www.statedemocracy.org

nor mine – if i had seven grand

Everyone worries about Bush doing a Shock Doctrine for the rich in this country for their benefit.
But the rich like everyone else in America did much better under Clinton.
Bush’s actions seem to benefit Saudi Arabia and Pakistan more.
Imagine if Bush had done all the things that he has done and he was a third world dictator, we would say that Bush was in someone’s pocket.
We would say that Bush is oppressing his people to benefit rich foreign oligarchs.
We would say that Bush is a puppet of foreigners trying to Shock Doctrine us.

busted has a letter to his sebator just up at his blog, and it’s worth a read:

http://ornerybastard.blogspot……about.html

Looks like Dave and KO cannot stop…also on Palin.

I couldn’t agree more with you! This just shows that John is truly afraid of to debate Obama! And don’t get started on Sarah she is being coddled by the McCain campaign WTF is wrong with this picture?? Have they figured out that she is nothing but an empty headed person(I refuse to criticize her gender)!! Most women I know are finally seeing just what she really is!! The whole being prayed over by a Pastor who is Still on a Witch hunt is just so bizarre!! And the whole Reich wing going GA GA over Rev Wright is crazy in compared to this Christian preacher!!

We have a McCain rumor mill starting over at the beach house. Prizes for the most interesting answers.

That would be everybody’s future seven grand. If they asked us for it up front people would be in the streets.

Thomas IS quick and he always seems to Digg right after is opened or he gets there first! He must have and inside track on the up comming Posts!! /s

I was just trying to check out my “favorites” at my YouTube account.

This message appeared: This functionality is not available right now. Please try again later.

Yep. That pretty much explains everything. Way beyond teh youtoobz.

I heard someone say that strangest thing yesterday. After I thought about it a while I thought he might be on to something. Another 3D artist called to talk about the current lack of work, etc. He said that he really hasn’t had any business in about eight months. Most of his work is from corporations. He thinks a lot of the corporate dudes are afraid of the Bush Crime Family, too and they are waiting for the changing of the guards to get back to work.

egregious upstairs

He will. I read somewhere that he is relentless when pissed.

Wanda Sykes on Leno: Bailout and Palin

I want Bush to raise taxes to start paying for his bailout! I cannot believe the Dems are dumb enough to let Obama get stuck with cleaning all of Bush’s mess.
I want the rich who have benefited all these years to pay.

Thanks to those who sat through or read the speech so I didn’t have to.

I’m just now online. Anyone heard the McCain logic for canceling his ads?

Busted DIDN’T use one word of the People’s English!! Huh He must be really pissed!!

I wonder if the McCain campaign melted down because he had gotten himself into a pickle wrt to the Hanky Panky plan. We have been worrying about the GOP stealing the issue. But the McCain campaign can mess anything up.

The media is willing to fact check McCain now, and McCain gave them a lot of homework the last couple of days.
-said Obama had no ‘plan’ when Obama issued his before McCain did,
-McCain plan was a shorter version of Obama’s with all the meaning sucked out, and some padding about earmarks,
-when questioned about it yesterday, McCain seemed to contradict at least one provision in his plan,
-McCain babbled about Irish corporate tax rates, putting him the company of that reactionary GOP Congressional group that thinks more corporate tax cuts is the best policy for the crisis,
-then Palin promises Great Depression II and 12% unemployment will descen on us in exactly 100 hours.

Maybe this is McCain’s way of shock therapy to reset his campaign.

I cannot imagine this suspension would be net gain for McCain if he has to give up his foreign policy debate -he might have been annointed the winner of that one just be showing up and growling.

…earlier this year…Paulson…blueprint…closer look…practices do not threaten financial security…

How’s that for an ‘in your face’ admission that this was all planned out many months ago? Under Paulson’s close supervision. The USA needs to get rid of the Federal Reserve..not give it more power.

A mail in campaign might work…a million bottles of glue sent to the Democrats to repair their spine with…

interesting

Our 21st century global economy remains regulated largely by outdated 20th century laws. But I thought December 15, 2000 Commodity Futures Modernization Act is very much a 21st century thing. It is however pre-911.

Some kind of egregious nonsense upstairs

egregious is upstairs…

Amen.

Some more on McCain’s “suspension of campaign” today…

It was in fact Senator Obama who initially called McCain’s campaign at 8:30 AM proposing to form a unity front in addressing the economic meltdown,and to discuss presenting a joint statement to improve confidence in the markets. Neither McCain, nor his campaign, responded to the offer for six hours. McCain’s campaign later baldly asserted he was conferring with his economic advisers. But during that period McCain actually held a meeting with Lady Lynn de Rothschild, the wealthy socialite former Clinton supporter who has turned to support McCain. Economic advisor? A woman who married the septagenarian scion of the Rothschild banking empire?

http://www.huffingtonpost.com/…..29118.html

Another Republican talking point today was Laura Bush on CNN. When she was asked, she admitted that Palin doesn’t have any foreign policy experience, but she is a “quick study”. I guess that was what the UN performance was all about…she was studying quickly. I don’t remember who was interviewing her.

When one thinks of all the times that Obama has been attacked for not having foreign experience, that justification is almost funny.

septagenarian scion of the Rothschild banking empire

Excellent!

I’m getting a little paranoid here. Why would the Congress ever agree with a plan that 75% of the public quite clearly opposes…a month before the election. For incumbents running for re-election it’s practically suicidal…at least 20% of their results.
McCain suspends his campaign…even shutting down his commercials.

John Yoo suddenly returns to the WH…even though there is clearly no “national security” issue he has to deal with. Why bring in an “expert” manipulator of Constitutional interpretation? The man who believes the Executive can take up any power during a “State of Emergency”?

Bush invites both McCain and Obama…neither of them actually in the Senate leadership to participate with the latter to reach a “deal”. McCain himself admits he doesn’t have much of a clue of how to resolve the issue. Of course, in normal Constitutional course all these folks can do is bring a possible bill before Congress to vote upon. Yet, as noted above, it’s political suicide for most Republicans and Democrats.

So lets say that McCain plays the White Knight. He presents a “compromise proposal” with lower tranche and some superficial Congressional oversights, and a few other bogus soupbones and evasions. Bush “grudgingly” agrees with this, and so do the Republicans present. Bush hints at the alternative. The deal is struck.

McCain emerges as the great hero…saving the economy while reducing the tax burden to a few hundred billion…and staving off a “Declaration of National Emergency”. His polls shoot upward. McCain wins the election. Then he returns to Congress and says “It’s not enough, and we can either declare a national state of emergency or you can pass another $500 billion bailout.”

If Sarah is such a “quick study” then let her and Biden do the foreign policy debate!

And McCain and Obama can do the “economic policy debate” when Palin and Biden used to be scheduled!

I’m not defending Rothschild and strongly disagree with her statements re: Obama v McCain. But don’t think it’s accurate to characterize her as primarily a socialite as HuffPo did. Before she married Rothschild (her 3rd husband), she seems to have been a business shark and she continues in business ventures.

Recently read a long bio piece on her, which I can’t locate at the moment. She’s well educated, Harvard Law (IIRC), then to a major NY law firm, where she stayed only a few years. Then she made a killing in intl telecom. This is a short squib on her from Forbes.

She may or may not be well qualified to serve as an economic advisor. But it’s not ludicrous per se.

I share your discomfort!

Nahant, I just signed the CREDO petition and sure added my 2 cents!
CREDO is my phone company. I recommend it.

Demand restitution and prosecution, not a bailout.