Obama-McCain Debate Part I

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Reba said:
Who's blaming a whole party? Neither party voted 100 percent for or against the bill.
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From post #143 forward. "The Dems" is an all inclusive term.
 
Liebling:-))) said:
:ty: for know my posts, Liza and Jillo




You make an assumption without ask me for specific because most people you know, said this?

Anyway, are you saying that heart is responsible for feelings or emotion, not brain?
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YW, Liebling.
 
Liza said:
That's right, the majority of the dems still voted for it. It was truly surprising to me that half of the Republicans voted against it. We all thought the bill would pass.

Peloski can't get all the blame for this. Like one person said earlier.. can't blame one person. Clearly there already has been pre-existing doubts. I can see different reasons and concerns that are probably valid for people voting against it. But I still see people wanting to pass this bill, with some more fixes.

How can it not be prudent to want more work on the bill before passing it? Why the urgency to pass it quickly?
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And I think that was the point that Byrdie was making. It didn't pass because of a bipartisan objection. Republicans as well as Democrats voted against the bill as written.
 
Don't you know this one - the TV stations?

FOX loves George Bush so it says good things on the news.

CBS and CNN loves to hear good things about Obama.

They want you to pick their side of the story. Be careful what you believe on the news.
 
Tousi said:
Read again, man! 217 votes were needed. 140 dems voted FOR and 95 dems voted NAY. 140 and 95 adds up to what?
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I go by percentage. :)

67% of Republicans voted against it.

40% of Democrats voted against it.
 
Byrdie714 said:
I go by percentage. :)

67% of Republicans voted against it.

40% of Democrats voted against it.
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Yeah, I was trying to sort it out but to continue trying seems moot now as they are working on a new plan. But I'd heard that there was some pork-barreling, some earmarking attached to the previous one and if that's true, it doesn't sound good. Also some of the Democrats and Republicans thought some of it smacked too much of socialism.

Hopefully they will get something out tomorrow. Something HAS to be done or else we will plunge into chaos. I also hope that which they will be formulating will be something we can understand.
 
Tousi said:
Yeah, I was trying to sort it out but to continue trying seems moot now as they are working on a new plan. But I'd heard that there was some pork-barreling, some earmarking attached to the previous one and if that's true, it doesn't sound good. Also some of the Democrats and Republicans thought some of it smacked too much of socialism.

Hopefully they will get something out tomorrow. Something HAS to be done or else we will plunge into chaos. I also hope that which they will be formulating will be something we can understand.
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Then again, maybe by not bailing out Wall Street--the market will correct itself as the Dow has been up this morning.....
 
Byrdie714 said:
Then again, maybe by not bailing out Wall Street--the market will correct itself as the Dow has been up this morning.....
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Perhaps so; I also think the market knows that the Congressmen are working on another plan and is acting accordingly. Just like yesterday but when there was no deal, the market plunged to -777.....

Just as the other plan was, I am sure the new one will address the problems of the Street, like the CEO's, etc, etc....
 
Tousi said:
Yeah, I was trying to sort it out but to continue trying seems moot now as they are working on a new plan. But I'd heard that there was some pork-barreling, some earmarking attached to the previous one and if that's true, it doesn't sound good. Also some of the Democrats and Republicans thought some of it smacked too much of socialism.

Hopefully they will get something out tomorrow. Something HAS to be done or else we will plunge into chaos. I also hope that which they will be formulating will be something we can understand.
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I think all this talk of Armageddon is ludicrous, Tousi. I saw a post in another forum that I liked, I forget where.
" Bankruptcy does not mean the company disappears; it is just owned by someone new (as has occurred with several airlines). Bankruptcy punishes those who took excessive risks while preserving those aspects of a business that remain profitable.
In contrast, a bailout transfers enormous wealth from taxpayers to those who knowingly engaged in risky subprime lending. Thus, the bailout encourages companies to take large, imprudent risks and count on getting bailed out by government."
Just throw out the bums who voted Yes and re-elect those who said Nay.
 
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I heard that other two well-known banks will be bankrupt. I can't say which banks because I didn't want to jump the conclusion yet.
 
jillio said:
How would he possibly know what they shared in common based on one meeting?

Likewise, why is he retracting statements she is making to the public that contradict his position?

And, yes, I am very much looking forward to the debate. By its very nature, it can't be scripted as have Palin's previous contacts with the press.

But if you will reread my post, I was referring to the general publics' reasons for supporting Palin as VP pick, and not McCain's motives. However, both are inexplicably tied together, as McCain's pick was also obviously geared to generate an emotional response.
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It surely stirred alot of curiosity and interests to the general public because not many of people knew who Palin was. Afterward, more information about her family and backgrounds, where she stands on issues, her political roles have come out and her roles as woman.

People love to be curious instantly about somebody when that unknown person comes out for a specific and huge reason.
 
Well, as for people messing with the idea of a bailout vs allowing the market to correct everything.....in normal times, the market does the correcting but I guess the immediate situation is beyond waiting for the correction so a good plan has to be put in place, whatever that is......I'll leave that to people, and hopefully honest, well-intentioned ones....
 
The news just announced that the Senators will read the revised bailout plan, and they will vote it or not on Wednesday. We will find it out tomorrow evening.
 
Tousi said:
Well, as for people messing with the idea of a bailout vs allowing the market to correct everything.....in normal times, the market does the correcting but I guess the immediate situation is beyond waiting for the correction so a good plan has to be put in place, whatever that is......I'll leave that to people, and hopefully honest, well-intentioned ones....
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We call them politicians jockeying for November. You call them "people"? Is it with the spirit of self-superiority?
 
Wokamuka said:
We call them politicians jockeying for November. You call them "people"? Is it with the spirit of self-superiority?
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Care to expand on what you mean by self-superiority? After all, this endeavor (putting a deal together) in the spirit of bipartisanship, something both sides of the aisle forgot the other day....
 
IMHO, I think all to do with the 'bailout' sucks. Aparently the current bill has been passed by both senate and the House.... Yet, it has even more 'bloat' than it did the first time around. And who is that guy from Lehman Bros? Fuld? I think he should return all salary and bonuses he made over the last 7 (I think it was 7) years with them (totals about $484 Million), but the bailout bill just passed apparently lets him off the hook. I'm all for someone making money in this world and stuff, but unless you're Bill Gates who created Micro$oft and therefore could understandably earn more than $1 million in a year, I cannot see how some greedy A-hole can take charge of a company, screw everyone, and make half a billion dollars in 7 years in the process. I don't care if you're CEO of the biggest company in the world, you do not earn more than $1 million in a year. And, if you're pushing for bonuses for yourself and fellow executives for the seven years that you obviously failed the company, when you obviously are fraudulent, you should be hiding before you get yourself killed. I really cannot believe the audacity of Richard Fuld, and I hope he suffers complete bankruptcy and must repay all earnings and bonuses of his 7 years term as chairman of lehman bros.
 
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