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Obama Team Wanted "Horrific" Wall Street Headlines

Discussion in 'BBS Hangout: Debate & Discussion' started by El_Conquistador, Sep 17, 2008.

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  1. white lightning

    white lightning Member

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    Is this the same as Bush needing a terrorist attack on the US so he could invade and occupy Iraq?
     
    #21 white lightning, Sep 17, 2008
  2. mc mark

    mc mark Member

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    #22 mc mark, Sep 17, 2008
  3. mtbrays

    mtbrays Member
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    Don't buy into the Obama Fannie and Freddie hype since McCain's single largest contributer to this point was Merrill Lynch.
     
    #23 mtbrays, Sep 17, 2008
  4. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    One of Obama's largest contributors is the now bankrupt Lehman Brothers. And of course Fannie and Freddie have donated more money to Obama than any other candidate except one other Democrat...


    McCain on the other hand, had the VISION in 2005 that this would occur. He was spot on. What was Obama doing back then -- was this part of his 100 days in the Senate prior to putting on make-up and running for President?
     
    #24 El_Conquistador, Sep 17, 2008
  5. surrender

    surrender Member

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    Dodge, duck, dip, dive and dodge
     
    #25 surrender, Sep 17, 2008
  6. rimrocker

    rimrocker Member

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    Those people are employees and Americans. As such, they have the right to donate to whom they choose. Obama's raised a bunch of money from Americans across all walks of life. No surprise that a Presidential candidate would raise a bunch... and maybe they donated because they recognized the problem and thought he was the one to fix it.

    And by the way, according to OpenSecrets.org, Obama had one of the smallest totals of contributions from the Frannie/Freddie PACs... the third lowest of the Top 50 lawmakers. Again, the bulk of his came from individuals.

    http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie.html

    (Also, Johnson was head of Fannie Mae from 1991-1998. That's like saying Eisenhower is responsible for our crumbling interstates.)

    For grins, here are the top ten employer sources of contributions for McCain and Obama...

    McCain:

    Merrill Lynch
    Citigroup Inc
    Morgan Stanley
    Goldman Sachs
    JPMorgan Chase & Co
    AT&T Inc
    Blank Rome LLP
    Credit Suisse Group
    Greenberg Traurig LLP
    UBS AG

    Obama:

    Goldman Sachs
    University of California
    Citigroup Inc
    JPMorgan Chase & Co
    Harvard University
    Google Inc
    UBS AG
    National Amusements Inc
    Microsoft Corp
    Lehman Brothers
     
    #26 rimrocker, Sep 17, 2008
  7. pgabriel

    pgabriel Educated Negro

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    and by bulk

    $120K out of $126K
     
    #27 pgabriel, Sep 17, 2008
  8. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    Alas - the real reason TJ won't take the bet becomes apparent.

    It's not because he fears mccain will lose. Nor that he wants equality by asking that 15 other posters counteract himself to make it fair.

    The real truth is that all of the pleasure TJ gets from life is to take the piss out of liberals here with these threads that are just so stupid but incedinary enough to rile the skin of those on the left.

    He can't give that up.
     
    #28 Sweet Lou 4 2, Sep 17, 2008
  9. Chief Rocka

    Chief Rocka Rookie

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    Yup, He would not know what to do with himself.......
     
    #29 Chief Rocka, Sep 17, 2008
  10. cson

    cson Member

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    I'ma votin' fer McCain then!

    [​IMG]
     
    #30 cson, Sep 17, 2008
  11. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    of course, what you fail to mention is that mccain helped make this happen - by allowing institutions to dip their hands in both insurance, real estate, and financial - now everyone can see why there has been strong barriers since 1933. Thanks McCain.

    Also, McCain's advisor pioneered deruglation of predatory loans as well as deregulation on deriatives - this after speculation on derivatives caused a market crash in 1994.

    so - talk about vision. The wrong kind of vision i'll say.
     
    #31 Sweet Lou 4 2, Sep 17, 2008
  12. IROC it

    IROC it Member

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    Now, if you'll stop being so reactionary and spouting nonsense...

    If you would bother to look beyond the Obama talking points and the doom and gloom MSM... you'd see that the "fundamentals" of the economy ARE OK. You'd also notice that the economy is still growing.

    http://www.nuwireinvestor.com/blogs.../08/us-economy-grew-33-percent-in-q2-but.html


    If you look past the Obama hysteria and "the sky is falling" Biden... you'd see that this "crisis" was born of pseudo-socialist mortgage lending… "everyone" gets a house... even if they can't afford one"... programs... known as Fannie Mae and Freddie Mac.

    If you are going to blame someone or something for this “crisis” place it accordingly… you might be very surprised where that blame belongs.
    McCain Proposed Solutions to Fannie/Freddie Years Ago:
    http://www.freerepublic.com/focus/f-news/2083931/posts

    Update: Fannie Mae and Freddie Mac Invest in Lawmakers
    http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie.html

    Name, Office, State, Party, Grand Total, Total from PACs, Total from Individuals
    Dodd, Christopher J S CT D $165,400 $48,500 $116,900

    Obama, Barack S IL D $126,349 $6,000 $120,349

    Kerry, John S MA D $111,000 $2,000 $109,00

    Reid, Harry S NV D $77,000 $60,500 $16,500
    Clinton, Hillary S NY D $76,050 $8,000 $68,050
    Schumer, Charles ES NY D $24,250 $1,500 $22,750
    Durbin, Dick S IL D $23,750 $14,000 $9,750


    McCain, John S AZ R $21,550 $0 $21,550

    Despite being in Congress only a couple of years, Barack Obama has received over $126,000 from PACS and employees of Fannie May & Freddie Mac.
    John McCain, in the Senate for 25 years, has received just $21,000.
    Obama’s running mate, Joe Biden, brought up the rear during the period reviewed, receiving just one donation from one Freddie employee of $500. McCain's running mate, Alaska Gov. Sarah Palin, is Freddie- and Fannie-free, having never run for federal office.

    AIG is the same. Dodd and Obama are #1&2 with Mack being a close 3rd to Obama.
     
    #32 IROC it, Sep 17, 2008
  13. pgabriel

    pgabriel Educated Negro

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    dude, your pseudo socialist mortgage lending was encoraged by your less than pseudo qualified president to prop up the economy. and i guess you're going to totally ignore that obama's donors were individuals from freddie/fannie
     
    #33 pgabriel, Sep 17, 2008
  14. IROC it

    IROC it Member

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    The same ones he appointed to pick his Veep nominee?


    IN BED WITH THE PROBLEM
     
    #34 IROC it, Sep 17, 2008
  15. pgabriel

    pgabriel Educated Negro

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    I don't know, but that's neither here nor there, biden was in the running for vp all along, he was a presidential candidate in 04 and 08 and even before. s
     
    #35 pgabriel, Sep 17, 2008
  16. IROC it

    IROC it Member

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    Ummm... yeah, okay... the same guy who can't write his own speeches? Oh wait, we talkin' about plagiarizing Obama or plagiarizing Biden here? There's a trend here...


    But I digress, to respond to your duck, dodge and dive...



    Know facts people. They are public record. Don't let the Obama machine play illusionist games with you. Ask tougher questions and seek the facts that our own government makes public.
     
    #36 IROC it, Sep 17, 2008
  17. pgabriel

    pgabriel Educated Negro

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    what duck and dodge, for you to allege that Fannie Mac is responsible for biden being obama's vp pick like he's a pawn novice govenor from alaska who has no national experience who has to be hiden from the press who doesn't know the bush docterine is ridiculous.

    biden is a legitimate choice for vp, has been from day one, no matter who's responsible for the pick
     
    #37 pgabriel, Sep 17, 2008
  18. Rashmon

    Rashmon Member

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    Keep up the good fight IROC it.

    Sounds like this stuff is keeping you up at night.

    Obama possesses you.

    If you go to sleep you will be replaced by a seedpod replication.

    It's okay.

    Join us.

    Drink up.
     
    #38 Rashmon, Sep 17, 2008
  19. rimrocker

    rimrocker Member

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    OK.

    Let's assume our friends on the right are right and that the individual contributions from employees of the companies is a big deal. What then, to make of the fact that the McCain campaign currently employees 177 lobbyists as aides, policy advisers, or fundraisers and of those, at least 83 have recently lobbied for the Financial sector?
    http://www.motherjones.com/mojoblog...ccain_campaign_lobbyists_wall_street_aig.html

    Now, which is more insidious? Taking individual contributions while eschewing PAC money or using lobbyists to staff your campaign? Tough call.
     
    #39 rimrocker, Sep 17, 2008
  20. DonnyMost

    DonnyMost Member

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    [​IMG]
     
    #40 DonnyMost, Sep 17, 2008
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