Tuesday, September 16, 2008

MEDIA STUDY: Obama gets 60% of press mentions, McCain 40%...

Obama can't even go to a rodeo without a teleprompter.  He clearly can't think on his feat (which is why he doesn't debate McCain one-on-one).

Investor's Business Daily today really takes it to the Clinton administration for getting involved in the whole process of making sure that people who could never pay back a mortgage were given mortgages in the first place.  Carly Fiorina was on David Gregory's show on MSNBC last night, and Gregory said, "Is it inconsistent to say that McCain believes in more regulation and federal bailout, and still talk about belief in free markets?"

FIORINA:  I think you are confusing John McCain's positions by painting it as hands-off, free market laissez-faire.  I think that has been perhaps true of the Bush administration the last four years in terms of a Wild, Wild West with no regulation, but it is definitely not what John McCain believes.  I think the better model for John McCain is Teddy Roosevelt, who believed that there was a robust role for government.  And John McCain has consistently believed there is a role for government, a role for government is to make sure that institutions are accountable and transparent.  But he also has said that, if anyone, Fannie and Freddie frankly shouldn't exist as government entities, that the role to support the mortgage market is not something that the federal government and the American taxpayer should guarantee.(more) In other parts of the new, Fiorina is quoted as saying that Palin didn't have the expertise to run a corporation. Huge blogging news!! Right?  She THEN goes on to say, "but neither do Obama and Biden."  Dough!  Bloggers forgot to include this! (for example, ) and here.  
To say that this unpreparedness to run a corporation as a politician is a bad thing is a bit like saying that Bret Favre, the pro football quarterback should also be qualified to be a pro basketball player by virtue of the fact that they are both sports.
 Robert B. Reich on the MSNBC last night slips up here and tells the truth that Democrats and Greenspan were responsible for the experiment that gave houses to people who cannot afford them.  Question:  "Were conservative Democrats part of the problem here?"
REICH:  In the latter years of the Clinton administration -- when I was not there any longer, I should add -- there was an attempt by Alan Greenspan and Bob Rubin and a few others to deregulate financial markets, and they did.  They split commercial banking off from investment banking.  And many people say, "Well, that was the beginning of the problem," and then, of course, in 2003-2004, Alan Greenspan reduced short-term interest rates to the point where every single bank wanted to lend money.  I mean, if you could stand up straight you could get a bank loan because there was so much pressure to get that money out the door.  Money was so cheap.  So, yes, there is some responsibility on Democrats, some responsibility on Alan Greenspan and the Fed.
But I thought every bad thing is always Bush's fault and no other!!!!!

No comments: