A new CNN/Opinion Research Corporation Poll suggests that by a 2-to-1 margin, Americans blame Republicans over Democrats for the financial crisis that has swept across the country the past few weeks…
Hmm. I wonder why?
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Republicans should take note: America is no longer fooled.
New Republican mantra, “We are from the Government and we are here to help you.” Poor Ronnie, they are making fun of you.
Most Americans also can’t find Iraq on map. 1/5th of Americans can’t even find America on a map! So excuse me if I’m less than impressed when Americans are polled as to what they think about the financial crisis.
3 – Why does this troll hate America?
I think these numbers will change when more of the facts are digested…like the roles of Barney Frank (D) and Christopher Dodd (D).
Check these numbers again in a week or so.
@5: Right cynical – especially after it comes out that McCain’s major advisors are:
Carly Fiorina – CEO winner of the golden parachute award, collected millions after being fired for unethical conduct at HP.
Rick Davis: winner of 2 milllion in lobbyist money from Freddie Mac.
Phil Gramm – Republican author of bank deregulation.
McCain sure knows how to pick advisors! Looks like the polls are starting to reflect an Obama landslide coming up!
Republicans are now trying to convince regular americans that they were against deregulation of the banks before they were for it. Nope, Americans are not THAT stupid.
Republicans will try to blame deregualtion of the banks on democrats – as if democrats were ever for deregulation. Even the idiot Cynical tried this on here – just to be shot down with his pathetic out of date quotes and citing the 2005 non-law that did NOTHING about bank regulation.
Only an ignorant republican would believe that lies that they try to spread.
@5: cynical would not know a fact if it hit him in the head – tell us more about the 2005 bill that never got passed and was billed as reform – but was NO such thing..yup, you got facts – but you just ignore the ones in front of your sorry face.
CNN Ha ha ha . Everyone who works at CNN
you mean. I can’t wait to hear the whining
when Rossi and McCain take over.
Reformed republican said:
“Carly Fiorina – CEO winner of the golden parachute award, collected millions after being fired for unethical conduct at HP.”
Wasn’t she fired for being a dolt rather than corruption? HP started going downhill when they bought Compaq.
I’m thinking of applying for a job as CEO for a major corporation. My main selling point is that I promise to run the company into the ground in half the time that it would take one of those Harvard MBA-types, and I’ll do it for half the money. Heck, my Golden Parachute doesn’t even have to be all that golden. a few nylon panels will be OK in the ‘chute!
Obama’s top contributors in 2008:
Goldman Sachs $691,930
University of California $611,207
Citigroup Inc $448,599
JPMorgan Chase & Co $442,919
Harvard University $435,769
Google Inc $420,174
UBS AG $404,750
National Amusements Inc $389,140
Microsoft Corp $377,235
Lehman Brothers $370,524
Sidley Austin LLP $350,302
Moveon.org $347,463
Skadden, Arps et al $340,264
Time Warner $338,527
Wilmerhale Llp $335,398
Morgan Stanley $318,070
Latham & Watkins $297,400
Jones Day $289,476
University of Chicago $278,885
Stanford University $276,038
“This table lists the top donors to this candidate in the 2008 election cycle. The organizations themselves did not donate , rather the money came from the organization’s PAC, its individual members or employees or owners, and those individuals’ immediate families. Organization totals include subsidiaries and affiliates.”
http://www.opensecrets.org/pre.....=N00009638
@9 – Wasn’t Fiorina the one who tried to spy on the board members after driving the company into the ground?
I’ll check on that.
@12: Maybe I am confusing her with someone else. She definitely was at HP and was from a marketing background and bought compaq – that turned out to be a bust. I know the stock went way up after she was kicked out. It must have been another CEO that spied on the board….
@7
@5: cynical would not know a fact if it hit him in the head
Speaking of facts, as I recall you continually made the argument in some previous threads the Gramm-Leach-Bliley Act passed into law along party lines when in fact those votes were BEFORE it moved to conference committee to iron out the differences between the House and Senate versions. The version that became law – the one that counted – was passed overwhelmingly by both parties:
http://en.wikipedia.org/wiki/G.....Bliley_Act
That vote is here:
http://www.senate.gov/legislat.....vote=00354
It’s been sometimes argued that there was lukewarm Democrat support for this measure.
Here’s what Bill Clinton had to say about it at the signing in Nov 1999:
“You heard Senator Gramm characterize this bill as a victory for freedom and free markets. And Congressman LaFalce characterized this bill as a victory for consumer protection. And both of
them are right. And I have always believed that one required the other.”
See:
http://bulk.resource.org/gpo.g.....2_2080.pdf
Here’s what Chris Dodd had to say about it as recently as March 2007:
“I am proud to have had Tom’s and the Chamber’s support on some of the most important pieces of legislation with which I have been associated. Laws like the Private Securities Litigation Reform Act; the Y2K litigation reform act; the Class Action Fairness Act; the Gramm-Leach-Bliley Act, which has helped bring our financial services sector into the 21st century; and the Terrorism Risk Insurance Act, which in the aftermath of 9/11 has played a crucial role in keeping our economy strong.”
See: http://dodd.senate.gov/index.php?q=node/3779/print
Thanks to Ira for the invaluable references!
Troll- once again, you present facts and use them to deceive. My quick total of the numbers you give is about $8 million. Obama has raised over $460 million. Even if every penny you cite is dirty ( and why imply it is?) it represents less than 2% of his fundraising. Here’s the data from your same source.
http://www.opensecrets.org/pre.....=N00009638
http://www.bloomberg.com/apps/.....KSoiNbnQY0
So, the Republicans controlled the Presidency, the House and the Senate for six years and the collapse is their fault?
Then why bother to elect Republicans at all?
me @ 15 they are arguing is “not” their fault
Dumbya’s approval at 19 percent.
http://americanresearchgroup.com/economy/#top
Yes, the trolls, if given the chance, would gladly do it again.
14 – LMAO!!!
http://tpmelectioncentral.talk.....is_and.php
OMG!! It’s pretty much over for the Republicans.
But why did it have to end so terribly for the country?
Part of me still wishes McSame would be stuck with this steaming pile… It still could happen I guess but that’s looking more and more remote.
@10: You can post Obama’s top contibutors all you want -they are all individual contributors as Obama takes NO PAC money. So you have nothing as usual.
If 100,000 people from Boeing give me money (under the 2,300 limit) I could get over 1 million from Boeing. Since Obama has such a big base of small contributors large firms will show up more frequently – but it means nothing since Obama takes no PAC monmey and runs no 527’s – unlike McCain and Rossi.
It is amazing how trolls try to keep posting the same stuupid things after they have been shown to be meaningless. Yet they ignore the lobbyists advising McCain. Truly, these people can not see the noses on their faces.
@14: hahahaha
More republican excuses and lies. The 2005 bill was a deregulation bill – it would have done NOTHING to help. Dream on!
If the Democrats will just stand up to Bush and stop the trillion dollar giveaway, we will win the presidency by 10 points and 400+ electoral votes, and pick up several dozen seats in Congress.
W has succeeded into leading this nation into an half trillion dollar war and counting and a trillion or so bailouts or buyouts of major corporations which may or may not prevent us from a financial collapse equal to the Great Depression.
Whoever “wins” this election God help ’em.
Some buddies and I just formed an LLC. We are propping up the economy, or at least would like to prop up the economy, but face a looming collapse. Does anyone know how to pressure the Treasury for a bailout before failure overtakes us? Please be quick with your answers, we can’t hold out much longer.
tell us more about the 2005 bill that never got passed and was billed as reform – but was NO such thing..yup, you got facts – but you just ignore the ones in front of your sorry face.
This WSJ article begs to differ:
“In light of the collapse of Fannie and Freddie, both John McCain and Barack Obama now criticize the risk-tolerant regulatory regime that produced the current crisis. But Sen. McCain’s criticisms are at least credible, since he has been pointing to systemic risks in the mortgage market and trying to do something about them for years. In contrast, Sen. Obama’s conversion as a financial reformer marks a reversal from his actions in previous years, when he did nothing to disturb the status quo. The first head of Mr. Obama’s vice-presidential search committee, Jim Johnson, a former chairman of Fannie Mae, was the one who announced Fannie’s original affordable-housing program in 1991 — just as Congress was taking up the first GSE regulatory legislation.
“In 2005, the Senate Banking Committee, then under Republican control, adopted a strong reform bill, introduced by Republican Sens. Elizabeth Dole, John Sununu and Chuck Hagel, and supported by then chairman Richard Shelby. The bill prohibited the GSEs from holding portfolios, and gave their regulator prudential authority (such as setting capital requirements) roughly equivalent to a bank regulator. In light of the current financial crisis, this bill was probably the most important piece of financial regulation before Congress in 2005 and 2006. All the Republicans on the Committee supported the bill, and all the Democrats voted against it. Mr. McCain endorsed the legislation in a speech on the Senate floor. Mr. Obama, like all other Democrats, remained silent.”
See: http://online.wsj.com/article/.....65427.html
Of course, lawmakers – lawmakers of both parties – had the ability to propose and craft legislation that would tighten the regulation of the GSEs, the SEC, and the financial services industry. They also had the ability to sound the alarm in speeches and in the media.
What did the Democrats – the party which had the responsibility to protect us against the rapacious Republican ideology – do in this regard over the last 5 years?
What was the record of Dodd, Schumer and Obama in this critical time of need . . .?
That is a piece from the the OPINION page of the WSJ which has always been right wing.
Opinions are like assholes – everyone has one. And opinions from hacks working with right wing stink tanks like AEI stink to high heaven.
Nice try.
#3 hates America!
@26- “What did the Democrats – the party which had the responsibility to protect us against the rapacious Republican ideology – do in this regard over the last 5 years?”
So the Democras did not stpo the Republicans from…….acting like Republicans, and theefore its the Democrats’ fault.
Huh?
Expecting the Democratic party to stand up for anything but getting reelected is insane.
The WSJ is owned by Rupert Murdoch and has as much credibility as Fox Noise.
@27
Millions read the WSJ daily,compared to your bible The Nation.
Pick and chose what you want to believe.
The truth always prevails.
Too many American see the evil in the democrat party and the spew from the crooks who destroyed our finical market Frank,dood,Fannie,Freddie are you!
So the Democras did not stpo the Republicans from…….acting like Republicans, and theefore its the Democrats’ fault.
Mutual responsibility . . .
Subprime Obama, The Nation, January 2008 (liberal “rag”)
http://www.thenation.com/doc/20080211/fraser
“Only Obama has not called for a moratorium and interest-rate freeze. Though he has been a proponent of mortgage fraud legislation in the Senate, he has remained silent on further financial regulations. And much like his broader economic stimulus package, Obama’s foreclosure plan mostly avoids direct government spending in favor of a tax credit for homeowners, which amounts to about $500 on average, beyond which only certain borrowers would be eligible for help from an additional fund.”
“Obama’s disappointing foreclosure plan stems from the centrist politics of his three chief economic advisers and his campaign’s ties to Wall Street institutions opposed to increased financial regulation. David Cutler and Jeffrey Liebman are both Harvard economists who served in the Clinton Administration, and they work on market-oriented solutions to social welfare issues. Cutler advocates improving healthcare through financial incentives; Liebman, the partial privatization of Social Security.”
Blame Fannie Mae and Congress For the Credit Mess, The Wall Street Journal (conservative “rag”)
http://online.wsj.com/article/ SB122212948811465427.html
“All the Republicans on the Committee supported the bill, and all the Democrats voted against it. Mr. McCain endorsed the legislation in a speech on the Senate floor. Mr. Obama, like all other Democrats, remained silent.”
How Obama Can Demonstrate Real Leadership on the Economic Crisis, Huffinton Post (liberal “rag”)
http://www.huffingtonpost.com/.....27575.html
“He (Obama) needs to start by making sure that the economic advisers he turns to extend beyond those he had on a conference call on Monday — Robert Rubin, Lawrence Summers, Laura Tyson, and Paul Volcker. It’s great to include graybeards who have been through crises before, but he needs to go beyond the two Treasury Secretaries who were complicit in the 1990s deregulation orgy that has led to so many of the problems we are now seeing. And he needs to make it clear that the Clinton-era Democrats who put the interests of Wall Street ahead of the interests of Main Street are not going to be the primary voices he listens to.”
Speech to US Chamber of Commerce, Christopher Dodd, Democratic Chairman of the Banking, Housing and Urban Affairs Committee, March 2007
http://dodd.senate.gov/index.php?q=node/3779/print
“I am proud to have had Tom’s and the Chamber’s support on some of the most important pieces of legislation with which I have been associated. Laws like the Private Securities Litigation Reform Act; the Y2K litigation reform act; the Class Action Fairness Act; the Gramm-Leach-Bliley Act, which has helped bring our financial services sector into the 21st century; and the Terrorism Risk Insurance Act, which in the aftermath of 9/11 has played a crucial role in keeping our economy strong.”
I used to. Now that Murdoch took it over, not so much but I almost ALWAYS avoided the right wing bullshit editorial page.
You? I bet that’s the first place you go.
The Nation? Rarely look at it. What do you learn from your “Bible”? How to lie about where people live (“Capital” Hill and Fremont) and what people believe?
Loser.
Richard Pope spews:
If the Democrats will just stand up to Bush and stop the trillion dollar giveaway, we will win the presidency by 10 points and 400+ electoral votes
Richard–
How many times have you changed political parties in your career? Seems like a lot. Not sure the “progressives” welcome you to the dark side seeing that you strongly criticixed Gregoire’s incompetence when you ran against her for AG and also sued Gregoire.
The Progressives will probably be wondering when you will flip-flop once again against them and stab them in the back for your own personal political gain. I may be wrong.
re 3: A recent Tom & Jerry poll shows that most Americans approve of not being able to find Iraq on a map.
To be able to do so would be elitist and sissified.
@31,
WSJ & Fox are extremely credible; they just don’t always slant the news towards what most liberals want to hear.
In a recent Pew Research survey, the division of viewers over at Fox was about 39% Reps, 33% Dems, and 31% other.
You may not like Fox and the WSJ, but they do an excellent job of reporting the news.
The WSJ news department has traditionally been very good, it’s opinion pieces very biased. In fact, it wasn’t unusual for the editorial pages to be in direct conflict with the news pages in the same issue.
But now that Murdoch owns the WSJ, I’m re-evaluating that situation.
As for Fox – don’t make me laugh. They can’t string a sentence together without making errors, distortions, or outright lies.
By the way, the Treasury Dept. apparantly has some time on it’s hands, and will be issuing new pennies to celebrate Lincoln’s 200th birthday. The “tails” side of the penney will feature four different designs.
Considering the value of a penny, why did they even bother? Last year the Treasury Dept. had to ask for emergency legislation making it a crime to melt down the penny, as the value of the metals was higher than it’s nominal value.
I’ve got a huge jar of them on my desk in my office as I unload the pennies from my pocket each day. Nobody’s bothered to take any – I guess the cleaning crew is scrupiously honest, or they don’t think it’s worth the trouble to steal.
I saw a guy in a hardware store looking at a package of washers. $2.99 for a package containing four washers. He put it back, saying he was just going to drill some holes through some pennies and use them instead. And that was BEFORE oil went above $100 per barrel.
I’m no fan of opinion polls, especially of complicated issues like securities markets and treasury dept. regulations. But in this case it’s not that hard to figure out, and the public seems to have it right. Despite Republican attempts to deflect the blame, the public correctly perceives that they made this mess, and they deserve the blame for it.
They also correctly perceive that the current bailout plan is an attempt to steal whatever is left of their money. That hand which is tugging on your wallet is a Republican hand.
@ 36
And thus with this uproarious statement, you have lost all credibility.
33. YLB spews:
“I used to. Now that Murdoch took it over, not so much but I almost ALWAYS avoided the right wing bullshit editorial page.”
Like the times editorial page we can agree.
“You? I bet that’s the first place you go.”
I’ll start at Fox, drudge times.
Nope about 12pm I’ll look there.
“The Nation? Rarely look at it. What do you learn from your “Bible”?
How to lie about where people live (”Capital” Hill and Fremont) and what people believe?
Loser.”
“Lie about where people live? ”
This was a question Capital hill or Fremont and a question about Stalin either being there still or scraped?
YLB have a nice evening.
I can wish nothing but misery for a troll.