Comments on: McCain Offers Deregulation As Solution To Deregulation Based Fiscal Crisis

By: Bruce Henry

Bruce Henry — Fri, 26 Sep 2008 19:05:35 +0000

So Bill has credibility with you guys now? I thought that anything he said could be assumed to be untrue!
And so the crisis ISN’T Bill’s fault now? I thought it was “Clinton/Cuomo” who was supposed to be to blame!
Now it’s “Congressional Democrats” (who were in the minority) that fought the noble Clinton-Republican Common Sense Alliance, causing this meltdown EIGHT YEARS LATER???!!!
William, you and your ilk will say anything, no matter how ridiculous, to try and convince yourselves that your “trickle-down” dogma is valid. Even after 8 years of proof it’s not.

By: william

william — Fri, 26 Sep 2008 14:06:07 +0000

House Speaker Nancy Pelosi, when asked Tuesday whether Democrats bear some of the responsibility regarding the current crisis on Wall Street, had a one-word answer: “No.”

Bill Clinton on Thursday told ABC’s Chris Cuomo that Democrats for years have been “resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac”

By: The Right To Bear Arms » Deregulation, huh?

The Right To Bear Arms » Deregulation, huh? — Fri, 26 Sep 2008 13:55:57 +0000

[...] To listen to certain people and their ilk, it’s deregulation that caused the current problems, which are being driven by the problems in the housing market. Think so? Well, let’s look at this piece from the NY Times. From 1999: In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. [...]

By: jr

jr — Fri, 26 Sep 2008 04:07:16 +0000

more government is the enemy talk by militia McCain

By: essrog

essrog — Fri, 26 Sep 2008 03:50:41 +0000

If this is McCain’s kind of plan even after having the benefit of hindsight, it’s safe to say he is guiltier than anyone at this very moment.

This is a real-world, concrete opportunity for him to put “Country First”, before his lobbyists and peers, and beyond his rhetoric and empty sloganeering –

This is why he can’t define honor (Time magazine, take 2?)

He blinked. Fail

By: Jaim

Jaim — Fri, 26 Sep 2008 01:45:01 +0000

Jay, you’re a dumbass. Nothing to do with deregulation? Wha? IB firms inventing fake “investment plans” that were basically total junk, and selling them to higher-end investors so they could turn them around for cash, ignoring the long-term effects of all those junk mortgages?

There’s plenty of blame to go around, but the biggest offenders with the McCain types who spent three decades tearing down the safety valves of the market.

Not that markets ever behave perfectly, but when you take away all the safe-guards in the name of deregulation, this is what you get.

McCain’s as guilty of bad economics as anyone else in this mess.

By: C.S.Strowbridge

C.S.Strowbridge — Fri, 26 Sep 2008 01:14:33 +0000

This people are either fucking stupid, or they think we are stupid.

“Except the crisis in question had nothing to do with deregulation no matter how many times you say it.”

In Jay’s case, it could be both.

This crisis is a direct result of changes in regulations that allowed banks to sell mortgages. Because they no longer had a stake in whether or not people could pay back their mortgages, they made incredibly bad loans, hoping they could just pass on the risk to others.

By: Bruce Henry

Bruce Henry — Fri, 26 Sep 2008 01:10:02 +0000

Look out liberals, Jay has an arsenal of linky links and quotely quotes to PROVE beyond a shadow of a doubt that Republicans are BLAMELESS! BLAMELESS, I tell you!
The last 28 years of piss-on-’em, er, I mean, trickle-down, economic theory NEVER HAPPENED. It’s Clinton’s fault!
Jay, you, like anyone who can look at the last eight years and want four more, are fucking insane.

By: MobiusKlein

MobiusKlein — Fri, 26 Sep 2008 00:53:34 +0000

Ok, how about lack of regulations then, Jay?
Let’s not split hares.

By: Jay

Jay — Fri, 26 Sep 2008 00:49:48 +0000

Except the crisis in question had nothing to do with deregulation no matter how many times you say it.

Sweet Jesus you people are fucking stupid.

By: Teris

Teris — Fri, 26 Sep 2008 00:48:11 +0000

If there is any double that Obama is the only candidate to vote for just think again of 12 years of Republicans in the Whitehouse, and think long and hard before you vote. If there were any undecided voters, I bet they just decided in the last few days.

By: Repack Rider

Repack Rider — Fri, 26 Sep 2008 00:47:55 +0000

Hey, while we’re at it, let’s “deregulate” armed robbery.

I could use the money.

By: Mylegacy

Mylegacy — Fri, 26 Sep 2008 00:47:08 +0000

Maverick? No – Shiva the great destroyer.

By: Jaim

Jaim — Fri, 26 Sep 2008 00:18:29 +0000

And by “deregulation” McCain means “give trillions of dollars to my long-time friends on Wall Street.”