Wednesday, September 24, 2008

Remarks on the Economy


"It is time for both parties to come together to solve this problem. We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved. I am directing my campaign to work with the Obama campaign and the commission on presidential debates to delay Friday night's debates until we have taken action to address this crisis."
John McCain-Remarks On The Economy

Friday, September 19, 2008

Change For Fools

Some reports trace Lehman Brothers collapse back to Fannie Mae and Freddie Mac,
the two big mortgage banks that got a federal bailout a few weeks ago.
To keep regulators off their backs
Freddie and Fannie used huge lobbying budgets and political contributions.
The top three U.S. senators getting big Fannie and Freddie political contributions were
Democrats and No. 2 is Sen. Barack Obama. Jim Johnson, recently on Obama's VP search
committee and who later resigned abruptly after questions about his home mortgage deals
became a distraction for a candidate who argues he's not influenced by special interests.
Is it easier to come up with solutions when you've been part of the problem?
Change for fools!