Drilling Down on the Facts in McCain’s Speech in Albuquerque on Monday. Let’s put it this way. It would take a team of forensic specialists to find something that was true in anything McCain said. The Straight Talk Express is nothing but a fleeting advertising gimmick. McCain keeps telling the lie about Senator Obama thinking that sub prime loans were the best thing since sliced white bread, but what Obama said was
“Subprime lending started off as a good idea helping Americans buy homes who couldn’t previously afford to,” Mr. Obama said in a speech to NASDAQ in September 2007. But, he added, “as certain lenders and brokers began to see how much money could be made, they began to lower their standards. Some appraisers began inflating their estimates to get the deals done. Some borrowers started claiming income they didn’t have just to qualify for the loans, and some were engaging in irresponsible speculation. But many borrowers were tricked into glossing over the fine print.”
Inflated home prices, unethical and overly glossy financial deals by housing developers and banks selling loans – all on a housing market they claimed would never bottom out, contributed to the housing and credit. At least some of which could have been averted with better regulation from quarter century veterans of Washington like anti-regulation McCain and his buddy Phil Gramm. McCain and the wing-nut viral e-mail keeps trying to get the public to associate Obama with Freddie Mac, which is audacious if nothing else. Considering McCain’s is neck deep in Wall St lobbyists and has been for years – his campaign manager Rick Davis did work for Freddie Mac and was recieving compensation through his firm as late as September and a Fannie Mae executive wrote this letter to the NYT,
Yesterday, Senator John McCain released a television commercial attacking Barack Obama for allegedly receiving advice on the economy from former Fannie Mae CEO Franklin Raines. From the stump, he has recently tried tying Senator Obama to Fannie Mae, as if there is some guilt in the association with Fannie Mae’s former executives.
It is an interesting card for Senator McCain to play, given that his campaign manager, Rick Davis, was paid by Fannie Mae and Freddie Mac several hundred thousand dollars early in this decade to head up an organization to lobby in their behalf called The Homeownership Alliance. …
I worked in government relations for Fannie Mae for more than 20 years, leading the group for most of those years. When I see photographs of Sen. McCain’s staff, it looks to me like the team of lobbyists who used to report to me. Senator McCain’s attack on Senator Obama is a cheap shot, and hypocritical.
Anywhere on the net where people can post comments the patently false smears against Obama are made and include some arcane detail to lend the attacks credibility. Its rare that responses – Obama supporters and independents ask the trolls to verify the data. Asserting something without evidence, name calling ( saying Obama is not patriotic is just grade school level name calling), typing in caps and getting generally hysterical is no substitute for facts.
The U.S. Council for World Freedom was part of an international organization linked to former Nazi collaborators and ultra-right-wing death squads in Central America. The group was dedicated to stamping out communism around the globe.
The council’s founder, retired Army Maj. Gen. John Singlaub, said McCain became associated with the organization in the early 1980s…
[ ]…Covert arms shipments to the rebels called Contras, financed in part by secret arms sales to Iran, became known as the Iran-Contra affair. They proved to be the undoing of Singlaub’s council.
McCain has said previously he resigned from the council in 1984 and asked in 1986 to have his name removed from the group’s letterhead.
“I didn’t know whether (the group’s activity) was legal or illegal, but I didn’t think I wanted to be associated with them,” McCain said in a newspaper interview in 1986.
Singlaub does not recall any McCain resignation in 1984 or May 1986. Nor does Joyce Downey, who oversaw the group’s day-to-day activities.
Funny thing about Iran-Contra; Reagan, George H.W. Bush, Admiral Poindexter and now John McCain didn’t know anything about supporting right-wing death squads that murdered priests, nuns, children and at least one journalist. They didn’t know anything about supplying arms to Iran, wink wink nudge nudge. Robert C. “Bud” McFarlane, who was President Reagan’s national security adviser knew something. Oliver North knew about supporting death squads and selling arms, but as we all know right-wing terrorism and sedition is the new patriotism. That McCain didn’t know whether these activities were “legal or illegal” belongs in some movie dialogue in the back seat of a limo. The Washington insider that claims to be capable of leading the nation signed up without reading the fine print. Fade camera. I wonder why the Obama tam doesn’t point blank in the next debate ask about McCain’s support of terrorism or his comrades support for terroism. Or why McCain thinks its OK to send soldiers off to die for lies.
A List of McCain’s Nastiest Moments. On a personal level I understand that we all have our moments. We all get impatient or angry once in a while. The thing is that like police, military officers and firemen we should expect a higher standard from high ranking government leaders. It is an understatement to say that McCain’s behavior over his lifetime has been volatile and reckless. McCain does have friends, Convicted felon joins McCain in Pennsylvania
If it wasn’t for the irreparable damage he would do to the federal courts I’d almost prefer that Palin-McCain win. Four years of the Two Stooges handling a Depression would be the last nail in Conservatism’s coffin, Poll: 60% say depression ‘likely’
The CNN/Opinion Research Corp. poll, which surveyed more than 1,000 Americans over the weekend, cited common measures of the economic pain of the 1930s:
* 25% unemployment rate;
* widespread bank failures; and
* millions of Americans homeless and unable to feed their families.
While Obama has a good lead in the pools it still amazes me that so many people – Palin-McCain suppoters would vote to continue the policies that got us to this point. Why do Conservatives hate America.