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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (417535)	9/17/2008 1:34:17 AM
From: bentway	Read Replies (1) \| Respond to of 1577232

You're wrong, but - The government BAILOUTS dickweed. The president has TOTAL control over the BAILOUTS. You must be hard of reading, or dumb as a bag of hammers.

To: i-node who wrote (417535)	9/17/2008 9:38:37 AM
From: Road Walker	Read Replies (2) \| Respond to of 1577232

The very image of decisiveness... McCain softens his opposition to AIG bailout By GLEN JOHNSON, Associated Press Writer 6 minutes ago Republican presidential candidate John McCain, struggling to strike the right note amid roiling financial markets and a Wall Street restructuring, on Wednesday softened his opposition to a bailout of mega-insurer AIG that he had flatly ruled out a day earlier. Before the Treasury Department proposed an $85 billion loan to keep afloat American International Group Inc., the country's largest corporate insurer, McCain said he wouldn't support any bailout for AIG or any other company. "This is something that we're going to have to work through," he said Tuesday. "There's too much corruption, there's too much excess." On Wednesday, McCain repeated that he didn't want to bail out AIG and knew of no one else who did. But, he told "Good Morning America" on ABC, millions of people with retirements, investments and insurance tied to AIG were "going to have their lives destroyed because of the greed and excess and corruption." Elaborating on the charge of corruption, McCain said that many Wall Street executives had claimed "everything's fine, not to worry" and that Congress and regulators had paid no attention. "All of them were asleep at the switch," he said, and went on to blame special interests and lobbyists as well. Asked for specific examples of corruption regarding AIG, senior McCain campaign adviser Steve Schmidt offered none. "Well, at this hour, when you look at the situation, it is still muddled and unclear," Schmidt told The Associated Press. "But it is clear that the system has been corrupted, that there has been systemic failures, that the economy has been damaged by greed and avarice, and the broken institutions between Washington and New York have now conspired in a way that has put the American economy in crisis." In the ABC interview, McCain called the financial crisis "one of the most severe crises in modern times," yet on Monday morning he had maintained his oft-stated position that "the fundamentals of our economy are strong." For that he drew withering criticism from his Democratic opponent, Barack Obama, and others. By afternoon, with the markets falling amid other bad financial news, McCain was using a more dire tone. In two new television ads Wednesday, McCain asserts that he is the right leader to keep Americans' savings safe. "Enough is enough," McCain says in one of the commercials. "I'll meet this financial crisis head on. Reform Wall Street. New rules for fairness and honesty. I won't tolerate a system that puts you and your family at risk. Your savings, your jobs — I'll keep them safe." In a second ad, McCain criticizes Obama as offering only "talk and taxes" as solutions. Obama himself taped a two-minute commercial Tuesday in Colorado in which he speaks directly to American voters about the country's economic problems. The early morning release of McCain's ads and their rapid production — one was taped during a 10-minute stop at a home in Tampa, Fla., on Tuesday — highlight his efforts to reclaim the high ground on a subject he has acknowledged is a weakness. ___ On the Net: McCain campaign: johnmccain.com Obama campaign: barackobama.com

To: i-node who wrote (417535)	9/17/2008 9:44:58 AM
From: Road Walker	Respond to of 1577232

Obama airs unusual economy ad Mike Allen 1 hour, 49 minutes ago Sen. Barack Obama (D-Ill.) is airing an unusual two-minute TV ad about the economy, calling for “shared responsibility” and “real regulation” to rein in an “anything-goes culture on Wall Street.” The ad is part of the campaign’s effort to respond confidently and convincingly to this weekend’s financial meltdown. Two-minute ads are sometimes used in the opening or closing days of a campaign, but are rarely seen in the heat of the fall. The ad begins running Wednesday on national cable stations, and will air in Florida and other battleground states – in some states, heavily. Here is the script: “In the past few weeks, Wall Street’s been rocked as banks closed and markets tumbled. But for many of you – the people I’ve met in town halls, backyards and diners across America – our troubled economy isn’t news. 600,000 Americans have lost their jobs since January. Paychecks are flat and home values are falling. It’s hard to pay for gas and groceries and if you put it on a credit card they’ve probably raised your rates. You’re paying more than ever for health insurance that covers less and less. “This isn’t just a string of bad luck. The truth is that while you’ve been living up to your responsibilities Washington has not. That’s why we need change. Real change. This is no ordinary time and it shouldn’t be an ordinary election. But much of this campaign has been consumed by petty attacks and distractions that have nothing to do with you or how we get America back on track. “Here’s what I believe we need to do. Reform our tax system to give a $1,000 tax break to the middle class instead of showering more on oil companies and corporations that outsource our jobs. End the ‘anything goes’ culture on Wall Street with real regulation that protects your investments and pensions. Fast track a plan for energy ‘made-in-America’ that will free us from our dependence on mid-east oil in 10 years and put millions of Americans to work. Crack down on lobbyists – once and for all — so their back-room deal-making no longer drowns out the voices of the middle class and undermines our common interests as Americans. “And yes, bring a responsible end to this war in Iraq so we stop spending billions each month rebuilding their country when we should be rebuilding ours. Doing these things won’t be easy. But we’re Americans. We’ve met tough challenges before. And we can again. I’m Barack Obama. I hope you’ll read my economic plan. I approved this message because bitter, partisan fights and outworn ideas of the left and the right won’t solve the problems we face today. But a new spirit of unity and shared responsibility will.”