Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts

Friday, October 17, 2008

What John McCain has to do in order to win

1.) Press the attack. Focus on Obama's plan to RAISE taxes. Focus on Obama's plan to RAISE spending. Show the futility of things like raising capital gains tax in a time like this. With the recent stock market bust, there won't be any capital gains for years for most folks. I also like the number of times that Obama states he is giving a tax BREAK to 95% of American's... That is not true, hell most of those folks pay ZERO federal income tax in the first place. Keep pushing on taxes and spending, and the poll leads will shrink, just like Clinton's did over Bush/Quayle.

2.) Followup on False Statements. The fact that, yes, Obama's first political fund raiser ever was at Mr. Ayers house, shows that Barrack bald face lied during the debate. This should be infuriating him, as it is the rest of us. The fact that, yes, Barrack actually trained many of the leaders of ACORN today showed yet another omission of the truth during the last debate.

3.) Continue to support the FREE market. Be sure that this rescue plan is followed through with, and that it is executed efficiently. American's aren't just upset, were pissed. We have been betrayed, and so far, as far as I can see, not a single person has been put in jail.

Tuesday, October 7, 2008

Are you freaking kidding me?

So, a whole week after AIG pleads for and gets an $86 billion dollar loan from the American taxpayers, it has the balls to spend a half a million on a corporate retreat at a "hotel of legendary proportions". They should all be getting a one way ticket to San Quentin. I can't believe they went broke in the first place with such frugality being displayed as this.

Link to the story on Fox News.

http://www.foxbusiness.com/story/markets/industries/finance/aig-executives-blow--getting-bailout/

Link to the actual hotel bill.

http://www.foxbusiness.com/pdfs/AIG_hotel_bill.pdf

Bailout Hearings and tonights debate

So it happened, the bailout was approved, and yet my 401k is still in the tank for an almost 30% drop. What a bunch of crap. I listened to the folks from AIG, and Lehman Brothers get up and speak to the hearing committee. What a bunch of freaking theives. They take millions of dollars out of their companies, and then tell me that they feel sorry about the current status of their companies? Why aren't these guys in jail? Why haven't their assets been seized? This is an outrage. These guys should all be in striped suits, making license plates. Who suffers the most? How about all of those folks that have retired, or are pretty close to retirement who don't have the time to ride this thing out like I do? Where is their bailout?

Well, the debate is tonight. I will be watching. I hope that John McCain stops pussyfooting around, and shows his true colors tonight. He has to go after Obama. He has to go at him like a rabid dog. Why hasn't he pointed out that his cheif economic adviser is Mr. Franklin Raines, ex CEO of Fannie Mae. This man also made over 90 million dollars while the CEO of the now failed and bankrupt institution, that you and I, the taxpayers are now funding. Yet another character that should be behind bars. If McCain sits back, and doesn't light the fire in his stomach, then I fear this election is lost. Get ready for socialist collectivism for the next four years. Palin \ Pence in 2012.