RE: By davr, September 26 at 3:35 am #
(Unregistered commenter)

“Yeah but, Palin is hot.  She is really HOT!”

Yes, davr, but a pile of horseshit generates steam also.

Having assumed all along that the debates would reveal Obama as the clear choice, I can only view McCain’s diversionary tactics as a clever attempt to forestall the showdown until such time as his campaign recovers from its current freefall. A debate this week could deal a mortal blow to McCain’s campaign and he knows it. He has admitted that the economy is not his forte, and here we are dealing with an economic crisis which has come to pass in no small measure from the core philosophies of his party.

The implication of all this is that McCain is operating on the belief that voters will have already forgotten this economic 9/11 by the next news cycle. Insulting, yes, but perhaps not wrong. It’s his best bet. Go for it, Johnny. Mister Rove couldn’t do it better.

This is another way to bail us out
          By James Messina
 

First let’s go back to the beginning starting at bubble, although I’d rather refer it to a balloon. In the year 2000 just after post doomsday Y2K the balloon was just placed on stem of the tank of air. During that year a house, let’s say in Holiday Florida would average at $50-60k. During that same year there were many types of easy loans such as HUD and Veteran (it wasn’t necessary to actually be a Vet, one just got a little better rate if you were) which made it very easy for the average individual with $500 and job to obtain approval. Section 8 had a role in this also. If they had 20% of the price of the home they didn’t even need a job. Actually they did, but what was referred to as a “no doc” all they had to do is just say they had an income.
  Now here is where the air valve just barley inflates the balloon. Keep in mind that Holiday Florida is just a reference point and places like California and Miami holds the same principle just different prices. These loans usually carried an ARM which meant 5 years down the road Fannie Mae & Freddie Mac would be tacking on another 2.5-3% interest. These easy loans that owners had to put their signatures on, selling their souls sort of speak, compounded by falling prices.
  Before they got to that point there was a “get rich quick” craze going on and everybody and his brother became an overnight realtor by “flip that house.” or two or three or four, renting them or just fixing them up, and profiting by the fast rising house prices caused by the craze. 
  We can argue who is to blame, apparently both the home buyer and the lender is at fault. The lender acted recklessly and lent and lent and competed to lend. Mortgage and title companies were popping up all over leading the owners like sheep before the slaughter.
  The balance of fault lies on the degree of greed. Could you blame the average Joe that wanted to get rich quick or the banks who should have had more sense?
  Now we know how we got there lets propose how to get out. Giving 700 million to the same banks who got us here, paid for by the average Joe’s taxes and not only that but, Joe must barrow the money with interest just to give it to the ones who lent Joe the money for the house that he is now foreclosed on. That’s like Joe borrowing money to give to heroin dealers in order to make sure they have a steady supply of heroin that they could sell him.

We have another option but of course it will not be considered because the government thinks it is in their best interest to help the banks thinking it will save Wall Street. We have to let the air out of the balloon by getting the prices of homes closer to the year 2000. The way we can do that is instead of giving the money directly to the banks; give it to the notes that are over priced. Let’s start with Joe’s house and his only house for now. If he paid let’s say $200,000 and he is in foreclosure, reset the value to the year 2003. That means rewriting the note. The year used adjusting the house value would be determined on until the 700 billion is allocated to first every homeowner that will occupy that house(700 billion will just an arbitrary number for now or just a limit).  This will in no doubt cause values to come down all over. This plan could be implemented to the relevance of importance. The homeless first then to the struggling families aiming at the outrageously over priced homes, this will hurt the rich and humble undeserving. There are Joe’s out there that flipped houses until he bestowed on half a million dollar house with an income that can’t support it. He should eventually be included in this bill.
  It all comes down to the basics, supply & demand. Now the supply is high. By slashing prices will create gamut of demand. New loans, transparency and credit will flow like neighborhoods at a block-party. This is the way to bailout Main Street & Wall Street.

I don’t know where reporters get their news.

I heard McCain himself say that there would be no debates until after the bailout idea was addressed by Congress.

People, People.  Get hold of yourselves!

McCain is coyly showing how he has the ability to stump the “chosen one” at whim.

Why would the Maverick McCain with military might behind him be afraid to debate Obama with nadda behind him in a debate on foreign policy?

See how obsurd this sounds?

True, some economical sound bites may be streamed into the conversation out of pure necessity due to current events of the “meltdown” on Wall St. But, to completely take over the whole show would be unfair to McCain, Obama and us, as Obama needs to prove himself non-witless on the subject. It is McCain’s strong suit, and we, the people need to watch closely and determine who is for real and who is the phony.

So, we can’t honestly say that McCain is side-tracking the debate due to him being unprepared.

And, moving the VP slot to another time sounds feasable since it looks as though both Sarah and Biden (given his multi-series of gaffs of late) can both use the extra time.

I think the debates will go on as planned.

McCain is using brilliant strategy to keep the “chosen one” on his little toes.

Does anyone agree?

Why McCain really wants to postpone the debates:
Because he needs more preparation time to memorize all of Obama’s ideas for saving the economy and then present them as his own ideas. . . oh, the horror!

unfit to command…

....does McBush think that the American public is that stupid???

Mac is the biggest PUSSY since HW and Ronny!Does he call Sarah “Mommy” too?
Reason this Dumbass wants to ‘delay’ the debates is first he realizes he won’t have a well formulated script to read from.
Second his Wet Nurse will not be allowed on stage to feed him his lines ( Was at one time LIEberman, then Gramm or Graham- But Now he has one which Actually Lactates to feed him his ‘thoughts’)
third he knows Jim Lehr is not ‘Lapel Pins’Gibson- so the questions could be ‘hard’
And what would be worse is if he actually has to answer BEFORE Obama- How could he Possibly Cheat off the Smart Guy, if he can’t see his answer first?
And Dear God- What if they actually ask him to expalin his voting record on Deregualtion, or about his Camapign Lobbists, His Medical Records, Which NFL Team he ‘confessed’...OOOOHHHHH It’s all too much! His debilitated Brain couldn’t possilby be expected to funciton correctly under all that pressure and TRUTH cards stacked against Him.
So he’s taking what marbles he still possess and going Home!
As for ‘ROSIE the Rivetor’ she’s Not supposed to speak- it would destroy the concentration while their Jacking each other Off! ‘No No Baby Don’t Talk,Don’t talk- just stand there and Look good,Don’t fuck us up, We’re almost there!’

Come On Folks McCain is the Worst Traitor in our history since GENERAL B. Arnold. And Palin is a bonafide Heretic- She apparently is Deluded enough to think she has the ability to Boss God around and Demand he work on HER Schedule and Grand ‘Design’- Just Like Hagee and Her Witch Hunting pastor does.
“God Make her Way” did not sound like a request, it sounded like an Order!

Don’t you think that about two weeks after McCain picked Palin, after the bounce, that he realized he had committed political suicide by picking her?

I can hear John and Cindy talking while they’re waiting for the Viagra to kick in:

J:  Cin, what have I done to myself?

C:  Ya know, John, I warned you.  And you wouldn’t listen.  I ran out and got all that nice stuff for the ball and everything and now this.  You know what, John;  why don’t you just take care of yourself!?

McCain is not worried about the economy; what he is worried about is his campaign is going downhill at a breakneck speed and he knows it!He does not want to debate and above all, he does not want Palin to get wiped out by Biden. The man is nothing short of a shame to this nation that he claims “should be first.” The man will say anything, do anything, and support anything that keeps the spotlight off of his past lack luster performance and the lack of performance of Palin. The only claim to fame he has is: I was a POW for five plus years! Obama will probably win by a significant margin if not a landslide.

did you know that the top 1% of americans earned 2 trillion MORE dollars than the bottom 90%?

why not take the bailout money from them? they lied, rigged the system, and stole their way to all that money, so why shouldn’t they have to pay it back and leave the rest of us alone?

You know this entire election stinks.  Something fishy is out there.  If credit is so tight why do you see all the mortgage ads on Yahoo, why do I keep getting solicitations in the mail?  Bail wall street out?  Trust Bush?  Why, tell me why we should.  Paulson is from Wall Street, can he really be objective?  Once this 700 billion bill is signed then the next prez will have no choice but to cut programs, eliminate costs and really harm the American people.
Could they really declare a state of emergency and cancel the election?  Please say no.

It’s only a matter of lipstick...

Taken together with McCain’s announcement that he’s suspending his campaign, this fear is well founded. One way or another Bush’s next move could well be to declare an emergency and call off the election. Are the detention camps and martial law authority contingency measures? Or are they for a preemptive strike? It’s hard to foresee the details, but the final state toward which this is all moving is easier to discern.

Perhaps the threat to Obama is “deep six your campaign by signing on to my plan, or there isn’t going to be an election!”

In any case each of us needs at this moment to reach out to everyone we have influence with, and to our co-workers and neighbors, TODAY, to call them to speak and act against this bailout. Urge them to call on Congress and Obama to demand and hold out for a bailout of the people, not the financiers, and to not give Paulson or anyone else dictatorial powers!

The battle of our lifetimes is joined, ready or not! Sitting this one out is not an option!

The only thing that could counter balance the race card in this election has happened. There are economic bad times and the incumbent party is going to be blamed. Barry should now win, if only because of the absolute incompetance of the current pres and incredible idiocy of Mcsame.
As I have said all along, I fear the repugs are trying to throw this election!
Who in their right mind wants to be the next Jimmy Carter?

Why would McCain want to debate Obama who will do a Kennedy versus Nixon on any debate on any topic and will roast him over a slow fire on the economic lawlessness of the Republican party? The bigger concern is that they’ll try to say that the crisis is so grave they can’t hold the election. Now, that’s a real worry! As for Palin debating Biden- wouldn’t the RSPCA have something to say about that? Isn’t forcing Joe to debate Elly May Clampett some form of cruelty to a life form or something?

A vote for (dis)Honest John & Failin’ Palin is the same as a bumper sticker I saw years back, “Vote For Bush & Get Dick”. If you want more of the same misery vote for Bush III (AKA: McSame).

As the old commercial went, “Got to make the doughnuts.” Maybe McCain should send a ‘real’ man to the debate (Palin) since it seems he can no longer ‘cut the mustard’.

WE MUST PROTEST THIS BAILOUT
THAT’S WHY THEY WANT TO PUSH IT SO FAST THIS IS FOR THE RICH BANKS WHAT ABOUT THE LITTLE GUY? IF THIS MONEY WENT TO THE HOMEOWNER IT WOULD SOLVE IT
OR LET US RUMBLE IN THE STREETS

This plan only helps the wealthy. I understand by giving them money the banks in return will be able to keep those loans. How about the other way around? Give the people the money to pay these loans and homes? Or, chop i.e. the price of a $450,000 house to its original value before the bubble to somewhere about $200,000 only if it is his or hers sole residence and only if the income can suffice that loan. We need to address the root of this and that is housing. This problem was created by the banks and the Feds on interest and the whole loaning industry. I realize it will be like ripping off a band aide fast and the wound will still bleed, Wall Street will take a dive, big banks and their executives would skater, but these are the ones this bailout is intended. No matter if we do this proposed bailout or we don’t someone will suffer. So lets bailout the people not the banks. Cut the home prices, let the people move in and this will cause a massive decline in home prices many people who depend on their equity to get them through, and will cause millions refuting second mortgaging and the business that need loans to start or continue production. Each and every one of these loans through transparently and scrutiny, allow to be funded with this bailout money.
“We have to jump start the economy” “We need to give (bailout) the financial institutions so we can have business as usual” “You need to pass this 700 billion dollar plan and pass it now” lets OK a plan but not the one you propose Mr. Paulson, the one we propose “let them eat cake” free the oppressed from this crisis caused by greedy investors. If you want to displace taxpayers’ money, money that they don’t even have, Its money that you intend to barrow from foreign countries with interest Mr. Paulson, then displace it from the bottom up.
All the rest of houses left that were foreclosed that were owned by investors will take a hit also. The idea here is to take an organic approach not a synthetic one

Serial liars who dodge the real issues, opportunists who use anything and anyone to achieve their ends, deceit and ploys to hide ignorance in their VP candidate or shield the secrecy—all sound like Bush and Cheney before them. Can anyone doubt it could be four more years of the Bush plague.

Quicksand! Must have figured out that Americans with more than two neurons are now “bailin’ on Palin” as McCain’s looking OLD and confused on what to do and what to say. DEBATE! DEBATE! DEBATE!

Lets see, he’s canceled his debate, he wants to cancel the VP debate, he’s suspended his campaign; hmmmm. 
Something stinks!
What would happen if it comes to pass that he’s not competent to run because of mental or physical health?  Then what?

McCain is a Chickenshit, there I’ve said it…

he’s old and feeble minded…I don’t care what he did in the old days…. that’s why we don’t let old men go into combat, they can’t think straight and they jeopadize the survival of their comrades in Arms, just as he’s now jeopardizing the survival of this country, he knows in his heart he can’t cut it anymore….

This is pure theater (bad at that).  A shoddy attempt by McCain to get his inertia back.  The reason he lost it in the first place is that he can’t keep his mind straight and focused.  Intelligent people won’t fall for it, so we may be in big trouble.