Obama on economy: McCain is 'third Bush term'

When President Clinton passed his deficit reduction package (with no Republican votes), the DOW was around 3300. Two years after passage, the DOW was around 5500. When President Clinton left office, the DOW was around 11000.

After 7 years of Republican debt and deficits, the DOW is around 12000.

So let's see - was your 401K better off under Democratic policies or Republican policies?

Yes, and Obama is a first Dukakis term.

This election is being driven by seven years of dismal hopelessness. This time the tide is turning in favor of hope and prosperity for all - not just the few......
http://thefiresidepost.com/2008/03/27/this-time-the-tide-is-turning/

Another amazing speech by Obama.
Go Obama.

Obama 08.

Yeah buddy...I really wanna vote for this Know-It-All. What has he done thus far to back up ANY speak that has dribbled off his forked-tongue? I haven't read any economic changes that he ever voted on in the past or legislation he's ever authored. Oh wait...he hasn't been a senator that long. And the time he should be doing his job as a senator, he is running around making speeches with his "lawyer speak", running for President. Buddy, you need to do your first job first....be a senator and show what you can do and build a RECORD -- NOT RHETORIC

"Buddy, you need to do your first job first....be a senator and show what you can do and build a RECORD -- NOT RHETORIC"

Amen. It amazes how many people are getting snowed by this guy. He has never done or accomplished anything as a leader. Electing him president makes as much sense as hiring a poet to paint your picture.

Mark, what has Hillary to back up her rhetoric? She wants to have a 30 billion housing fund. Where in the heck is she going to get that kind of money? I know! China! Where was her opinion on reform? I didn't hear a thing about regulated Wall Street!

A conversion to a "green" economy, as is being advocated by many, could have substantial effects on the economy. How will this proposed conversion affect unemployment? Inflation?
-Trevor Wynne
Washington, DC
http://www.atimelikethis.us/

Ok Adam Smith, please tell me all you know. Once again, all rhetoric and stating the obvious.

P.S. To the one who has stock market stats, The stock market does not equate to prosperity or recession. Has absoluetely nothing to do with it.

Oye... Economics is not an area of strength for Obama. We are not in a recession. In macroeconomics, a recession is a decline in a country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. THIS HAS NOT HAPPENED YET! The sky is not falling.

Okay Mark..so if Obama is too green in your eyes. Then you favor McBush? There is self admitted "no experience with the economy" there. Or is your fancy Billhillary? Trust factor...pride factor. Disbarred, Impeached, scandals, lies, secretive, lobbyist, special interest, gees...former co workers run from them. Me...I'll take my chances with the green 'bright' guy, whom Bloomberg accepts.

...a first Dukakis term.

Posted by: Jeff | March 27, 2008 10:27 AM

So it appears yesterday in Jeff's Inbox he got the McCain talking points to call Obama a showhorse and Hillary, sniper girl. Today the talking points apparently instruct Jeff and the rest of his pals to repeat Obama and Dukkakis in the same sentence. Don't see how either strategy is going to create jobs in America, stop health care costs from rising, or solve Social Security. Does John McCain's campaign plan to talk about his plans for America anytime soon? I guess when your ideas are stale you just spend your time coming up with cute nicknames for your opponents.

We have to get out of Iraq, Clinton is playing the race card, Bill Clinton is picking on me, there is nothing wrong with my racist mentor of 20 years Wright, I refuse to wear an American flag pin, my Grandmother is a typical racist white person, we are in a recession. Wake up America Barack Hussein Obama is not Presidential material. He is a negative opportunist at best.

John McCain is not his own man. This man is owned and manipulated by Lieberman.

MCCAIN IS OWNED.

Nice speech again, but short on specifics. More regulation isn't the answer - that just builds up the bureaucracy,adds to the bloated cost of government and compliance, and delays the fundamental changes needed in the marketplace. Change (yes Obama, real change) must come from within the industry to have any real effect. Let a few of them fail, and endure the short-term pain. The long term benefits will be worthwhile.

Hey Paul, I guessed you missed the part from the economists that said it was the market boom of the 90's that fed the current recession. You people who know nothing of economics should really spare us your pointless prattle. I am so sick of uninformed people acting like they know something. Me, I am fininishing my dissertation on economic development. You? maybe a high school diploma? That is what I thought....

Obama says ione thing and does another. Sucks up to Credit Suisse who has been involved in everything from Enron to lawsuits over their business practices. I think the government has been after them too (you know the Bush government who is sooo pro-business). They have even been sued by the NAACP for god's sake!!! Give me a break, Obama has no inytegrity whatsoever. Will do or say anything to get elected.....

What does Obama know about the economy? Oh that's right he got a great deal on his mansion from Tony Rezco. Let's take Chicago politics to Washington so we can raise taxes and government corruption.

Once again Obama tells how great everything is going to be but never actually tells you how he is going to do it. How on earth does tightening regulations help to stimulate the economy. I would love to hear the Obamabots explain that. It actually hurts it and people who are any kind of credit risk at all will never be able to get a mortgage under more regulations. Also every time the government interevenes into the economy the are ALWAYS unintended consequences that hurt EVERYONE. I am sorry but raising taxes on individuals and businesses will only make things worse. We need to concentrate on letting people keep more of their own money and stopping all the crazy government spending over the last 10 years. The only way to really help ALL PEOPLE is to let them keep more of the income. It really is that simple. I am not a Bush fan but when his tax cuts expire people making $50,000 a year are going to be paying $2000 more a year in taxes. Peoople making between 35-40000 are going to be paying $1800 a year more in taxes.

Go Barack OBAMA! He is ready to be President on Day One! I'm so excited that finally we have a leader that speaks for the people! Obama 08

Hillary and McCain will bring on the same old thing, lets turn the page and vote Obama 08 to be our President!

Clinton's term in office should also take credit for the 2001 recession and the internet bubble. Neither Bill nor Hillary, the HillBillies, have a depth to which they will not stoop to take what you've got. Rose Law firm, White Water.

"Yeah buddy" . . .such a scathing attack on the Senator. Obama must be doing something right if he's getting these kind of vicious low blows without probable cause. It reminds me of when soccer fans beat up on the opposing team for being better than their team. ". . .dribbled off his forked tongue". . .give me a break! I always thought campaigning was about proving your case to the American people. Frankly, I believe Obama is doing a great job at it and the fact that he is doing this at such a young age (46yrs) lends that much more credibility to his readiness to lead the nation. Hillary has proven that she is a greater leader as well with her relentless pugilistic ways. I like to think of Obama as "Cool Hand Luke" and Hillary as "The Terminator" - just kidding

Okay, so for all of the "experience" Senator McCain has, he offered up no real plan in his speech on the economy. He instead put the blame on home-owners who should have known better. When you hear in the news that people who thought they were signed up for fixed rate mortgages were in fact lied to and given adjustable rate mortgages, it makes you question Senator McCain's logic.

I am tired of hearing about Barak Obama's "inexperience". Because it scarcely matters if you have the experience if you are still going to make poor choices.

George Bush was Governor of Texas, which seems to have qualified him for the presidency for two terms...and look where that has gotten us.

Senator Ted Stevens of Alaska has been in office before I was even born and he seems to think that the internet is "a series of tubes".

I could go on...

All of the Obama haters are looking for anything to throw back at him. All of the people who want serious change in this country should look at what the candidates are saying. Obama has the courage to say what he honestly believes. Senator Clinton is too busy bieng shot at while landing in a war zone. Oh, I'm sorry - that turned out to be a total non-truth. We all need to take an individual look at this country and try to visualize where we are all headed. If there are others who feel that "down the tubes" is not a place we want to see America go, then vote for Obama. Remember, the old ways aren't working! We need a new infusion of ideas. If you keep doing the same thing, you will keep getting the same results.

Yeah, you guys are right. Obama doesn't know anything because he's inexperienced. Maybe that's why the Bush Administration is adopting his approach to dealing with al-Qaeda in Pakistan. Remember, the plan you ridiculed?
http://www.washingtonpost.com/wp-dyn/content/article/2008/03/27/AR2008032700007.html?hpid=topnews

THANK-YOU SENATOR OBAMA FOR GOING BACK TO ADDRESSING THE ISSUES. PLEASE IGNORE THE PATHETIC ATTEMPTS BY THE OTHER CAMP TO DISTRACT THE AMERICAN PUBLIC FROM THE USA CURRENT PLIGHT. TRY ADDRESSING THIS COUNTRY AS IF YOU HAD ALREADY WON THE DEMOCRATIC NOMINATION AND MCCAIN IS YOUR OPPONENT!

THANK-YOU SENATOR OBAMA FOR GOING BACK TO ADDRESSING THE ISSUES. PLEASE IGNORE THE PATHETIC ATTEMPTS BY THE OTHER CAMP TO DISTRACT THE AMERICAN PUBLIC FROM THE USA CURRENT PLIGHT. TRY ADDRESSING THIS COUNTRY AS IF YOU HAD ALREADY WON THE DEMOCRATIC NOMINATION AND MCCAIN IS YOUR OPPONENT!

The point of the Obama speech on the economy was to get us to think differently about the culture of business, the market and the middle class. He has an incredible way of calling our nation not just to change what we do, but to change how we think about what we do or about what we leave undone.

Today Obama announced that as presdient he would change the top down,supply-side economic culture that favors the wealthy and corporations to a middle-class friendly economy that empowers working people to live above poverty. "If you work you should not be poor" is the Obama economic creed. Unlike classic liberals Obama emphasizes empowerment over entitlements.

He will have to reverse tax cuts, thereby, essentially raising taxes in order to pay for his economic stimulus program and the other initiatives namely college credits, elderly tax exemptions and a middle-class tax cut.

He will be able to reverse the "Bush tax cuts only if he sticks with the top 1% only. That means households making 300k or more. If he gets beyond that margin he will be fairly accused of the ol'tax and spend.

THANK-YOU SENATOR OBAMA FOR GOING BACK TO ADDRESSING THE ISSUES. PLEASE IGNORE THE PATHETIC ATTEMPTS BY THE OTHER CAMP TO DISTRACT THE AMERICAN PUBLIC FROM THE USA'S CURRENT PLIGHT. TRY ADDRESSING THIS COUNTRY AS IF YOU HAD ALREADY WON THE DEMOCRATIC NOMINATION AND MCCAIN IS YOUR OPPONENT!

THANK-YOU SENATOR OBAMA FOR GOING BACK TO ADDRESSING THE ISSUES. PLEASE IGNORE THE PATHETIC ATTEMPTS BY THE OTHER CAMP TO DISTRACT THE AMERICAN PUBLIC FROM THE USA'S CURRENT PLIGHT. TRY ADDRESSING THIS COUNTRY AS IF YOU HAD ALREADY WON THE DEMOCRATIC NOMINATION AND MCCAIN IS YOUR OPPONENT!

What concerns me most about Obama is his Marxist/communist views. Most readers are too ignorant to read between the lines and understand Obamas worldview and ideaology, but I fear Obama will wreck the economy if his views and ideas were to stay long term. If anybody has studied liberation theology, it is nothing more than the poor stealing from the rich in the name of justice/virture/God.

Let's look at for instance his views on 'fair pay'. He wants the GOVERNMENT to determine and control what somebody is paid. That is determined by a free market. He just doesn't GET IT! He will cause the hard working and well educated to give up, and the freeloader to continue in his way. This man is not ready for office. We don't need a Marxist in office.

Paul,great comment!

To Paul,who is an economic genius,why do "Conservative" Presidents constantly spend more tax dollars than they receive?

Ummm Credit Suisse is certainly not a top subprime lender. I don't even think they dabble in those lame securities. Top subprime originator in Q4 of 2007: Chase Home Finance.

McCain may actually be dumber than Republican Prez Chimpy...if that's even possible:

Mr Bomb Bomb Iran's lack of knowledge on the economy is staggering:
http://www.youtube.com/watch?v=Tu-tg1kQ8dk

...and he still hasn't explained how he plans on paying for his 100 years of war on Iraq:
http://www.youtube.com/watch?v=Y0PysDhbvwA

From the not-too distant past:

Cheney Denies 'Talking Down' Economy for Political Gain : Talk of Recession Strains Transition

By Brian KnowltonPublished: FRIDAY, DECEMBER 22, 2000
WASHINGTON: Vice President-elect Dick Cheney sought Thursday to dampen controversy over whether he and President-elect George W. Bush were emphasizing the threat of an economic recession as a means of preemptively laying blame on President Bill Clinton's administration should one arrive.
http://www.iht.com/articles/2000/12/22/bush.2.t_5.php

MANY economists in their writing are saying that the economy is either near or in a recession. Remember, recessions are declared retroactively.

And just for the record, Vice-President elect Cheney was WRONG about his assessment. The recession of 2001 lasted from March to November. Republicans LIE when they state that President Bush inherited a recession. A slowing econonmy, yes, a recession, no.
http://www.nber.org/cycles/november2001/

In the likely event that we switch into recession before January 20, 2009, President George Walker Bush will have presided over TWO economic recessions when President Clinton presided over ZERO.

"Hey Paul, I guessed you missed the part from the economists that said it was the market boom of the 90's that fed the current recession."

You're saying that the market boom of the 90's is feeding THIS recession, which is an entire "business cycle" removed and one existing under radically different government financial status? I wouldn't be calling anyone an "idiot" Mr. Glass House.

I love it though. This clearly shows the Republicans "everything good is caused by Republicans and everything bad is caused by Democrats" mentality.

And just for the record, people, economic prosperity is greater under Democratic presidents than it is under Republicans. You can spin this any which way you want, but the data holds true going back to FDR.
http://www.washingtonpost.com/wp-dyn/articles/A20059-2005Apr1.html

http://www.americanprogressaction.org/issues/2004/prospertity_presidents.html

Some highlights:

"Federal spending (aka "big government"): It has gone up an average of about $50 billion a year under presidents of both parties. But that breaks down as $35 billion a year under Democratic presidents and $60 billion under Republicans. If you assume that it takes a year for a president's policies to take effect, Democrats have raised spending by $40 billion a year and Republicans by $55 billion.

Under Republican presidents since 1960, the federal deficit has averaged $131 billion a year. Under Democrats, that figure is $30 billion. In an average Republican year, the deficit has grown by $36 billion. In the average Democratic year it has shrunk by $25 billion. The national debt has gone up more than $200 billion a year under Republican presidents and less than $100 billion a year under Democrats.

From 1960 to 2005 the gross domestic product measured in year-2000 dollars rose an average of $165 billion a year under Republican presidents and $212 billon a year under Democrats. Measured from 1989, or measured with a one-year delay, or both, the results are similar. And how about this one? The average annual rise in real per capita income -- that's the statistic that puts money in your pocket. Democrats score about 30 percent higher."

McCain laid out his "bold, bold" plan to deal with the mortgage crisis and the economy yesterday:

SANTA ANA -- - Sen. John McCain addressed the mortgage foreclosure crisis and the weakening economy in a speech in Santa Ana today but offered no major prescriptions for quelling turbulence -- instead calling for two panels to look at the problems.

Wow! No major prescriptions! Convening two panels! Can the electorate bear such vigorous and inspirational leadership? Such decisive, hard-nosed specifics issuing from the bowels of a proposed third Bush term?

Of course, for more than four years, McCain has had an opportunity as a senator to address the shaky underpinnings of the loan industry's effect on the economy and has refused to do so. Via Think Progress's new Wonk Room, check out the facts and weep:

– McCain voted against discouraging predatory lending practices. In 2005, McCain voted against an amendment prohibiting law-breaking high-cost predatory mortgage lenders from collecting funds from homeowners who are forced into bankruptcy court. [S. 256, 3/03/05]

– McCain failed to vote on bill to overhaul mortgage lending practices of FHA.In 2007, McCain failed to vote on passage of a bill that would overhaul the mortgage lending practices of the Federal Housing Administration (FHA). The bill would reduce the required minimum down payment for an FHA-insured loan and simplify its calculation, requiring a flat 1.5 percent of the appraised value of the home. [S. 2338, 12/14/07]

– McCain failed to sign on to the Predatory Lending Consumer Protection Act. In 2003, McCain failed to add his name to this legislation, which was intended to "protect consumers against predatory practices." The bill, which was endorsed by a host of civil rights and housing advocates, including the U.S. Conference of Mayors, ACORN, and the Consumer Federation of America. [S. 1928, 11/21/03]

– McCain failed to sign on to Truth in Lending Act. Less than four months ago, McCain failed to sign on to this bipartisan initiative providing protection to consumers taking out home mortgage loans. Among other measures, it was designed to "establish new lending standards to ensure that loans are affordable and fair." McCain also refused to co-sponsor this legislation in the 107th Congress as well. [S. 2452, 12/12/2007]

Obama campaign spokesman Bill Burton was singularly unimpressed with McCain's "solutions":

It's deeply troubling that John McCain is suggesting that the best way to address the housing crisis is to sit back and watch it happen – which is just further evidence that he would continue President Bush's failed economic policies. Barack Obama believes that the job of a president is to lead—and that's why he'll work to help struggling homeowners and lenders rework existing subprime loans into affordable long-term fixed loans, create a foreclosure prevention fund to help keep Americans in their homes, close the bankruptcy loophole for mortgage companies, provide a tax credit for the interest on new mortgages, fight mortgage fraud at every level, and require that borrowers have access to accurate information about their mortgage options.

And lest we forget ... McCain has a long and sordid history of worrying more about the financial welfare of the savings and loan institutions at the expense of the depositors. Democrats should school themselves to remind the public of this every time McCain, the economy, regulation and the mortgage crisis is brought up in the months ahead.

http://redding.com/news/2008/mar/04/keating-scandal-will-dog-john-mccain/

Obama’s efforts to connect to the Republican Party, specifically Bush, and Dick Chaney, of the Halliburton Company, dates back to the Presidents Grandfather, Prescott Bush, and indeed Chaney was once an executive officer of Halliburton.

The American military pounds Iraq with Artillary, bombs, and the like, destroying large sections of cities, and infra-structures, then Halliburton comes in to rebuild. Halliburton and Halliburton associated companies have raked in ten’s of billions.

Obama is just like the BIG HALIBURTAN. Haliburton has contracted to build detention centers in the U.S. similiar to the one in Quantanammo Bay, Cuba. Halliburton does nothing to earn the Two Dollars for each meal an American Serviceman in Iraq eats.

http://www.halliburtonwatch.org/

Halliburton was scheduled to take control of the Dubai Ports in The United Arab Emiirate. The deal was canceled when Bush was unable to affect the transfer of the American Ports.

Now we see what some might suspect as similiar financial escapading from the Democrats.

Two years ago, Iraq’s Ministry of Electricity gave a $50 million contract to a start-up security company - Companion- owned by now-indicted businessman (TONY REZKO) Tony Rezko and a onetime Chicago cop, Daniel T. Frawley, to train Iraqi power-plant guards in the United States. An Iraqi leadership change left the deal in limbo. Now the company, Companion Security, is working to revive its contract.
Involved along with Antoin “Tony” Rezco, long time friend and neighbor of Democratic Presidential hopeful Barack Obama, and former cop Daniel T. Frawley, is Aiham Alsammarae. Alsammarae was accused of financial corruption by Iraqi authorities and jailed in Iraq last year before escaping and returning here.

LIKE FATHER LIKE SON --
Recently, Obama's campaign staff have been vetted by the IRS to disclose his connection to the criminal money generating underworld. Besides, his connections to the REZCO MAFIA types, his up-coming tax fraud charges — Obama needs to disclose why he is a MUSLIM "PATWANG-FWEEE" and disclose Obama's MUSLIM Farrakhan mob connection to Chicago's Trinity United Church of Christ. Its minister, and Obama's spiritual adviser, is the Rev. Jeremiah A. Wright Jr. In 1982, the church launched Trumpet Newsmagazine; Wright's daughters serve as publisher and executive editor. Every year, the magazine makes awards in various categories. Last year, it gave the Dr. Jeremiah A. Wright Jr. Trumpeter Award to a man it said "truly epitomized greatness." That man is Louis Farrakhan. Farrakhan and Chicago's Trinity United Church are trumpeting Barack Obama AKA Barack Hussein Obama as the second coming of the messiah. Obama should stop suppoting our intervention in IRAQ. It’s time to introduce this false, fake Xerox - X box Obama and invite the self-indicting thief plagiarizing pipsqueke "GLORK" Xerox - X box to meet the Buffalo "GAZOWNT-GAZIKKA" Police Department Buffalo Creek. He is MAD!!! --

OBAM YOU'RE NO JFK --

"GLORK" Obama looks like Alfred E. Newman: "Tales Calculated To Drive You." He is a MUSLIM "Glork" He's MAD!!! Alfred E. Neuman is the fictional mascot of Mad. The face had drifted through American pictography for decades before being claimed by Mad editor Harvey Kurtzman after he spotted it on the bulletin board in the office of Ballantine Books editor Bernard Shir-Cliff, later a contributor to various magazines created by Kurtzman.
Obama needs to disclose why he is a MUSLIM "PATWANG-FWEEE" and stop suppoting our intervention in IRAQ. It’s time to introduce this false, fake "GLORK" Xerox - X box Obama and invite the self-indicting thief plagiarizing pipsqueke Xerox - X box to meet the Buffalo "GAZOWNT-GAZIKKA" Police Department Buffalo Creek.

Michelle Obama should be ashamed.

"GLORK" Michelle Obama should be ashamed of her separatist-racist connection to Farrakhan and Chicago's Trinity United Church trumpeting Barack Obama AKA Barack Hussein Obama as the second coming of the messiah. If Michelle Obama new what her husband -- the Hope-A-Dope, Fonster Monster -- Barack Obama AKA Barack Hussein Obama did in Harlem, she would wash her wide-open, Hus-suey loving MUSILM mouth out, with twenty-four (24) mule-team double-cross X-boX-BorraX. He is a MUSLIM "Glork" It’s time to introduce this false, fake "GLORK" Xerox - X box Obama and invite the self-indicting thief plagiarizing pipsqueke Xerox - X box to meet the Buffalo "GAZOWNT-GAZIKKA" Police Department Buffalo Creek. He's MAD!!!

http://www.halliburtonwatch.org/

THE SPEECH --

The Apologia has arrived and once again the self-indicting, separatist-racist Barack Obama AKA Barack Hussein Obama, promises to heal the wounds of the world. The speech is the rude awakening of mass messianism of his campaign. Apologetically, Obama the MUSLIM double-cross X-boX-BorraX has an astonishingly empty two-prawn echelon explanation of his misjudgment.
In the first prawn: with regard to his connection to separatist-racist Rev. Wright; Obama summons voodoo and juju to express slavery as beginning and ending with the Rev. Wright.
In the second prawn: Obama's speech takes credit for Ashley's dream. A dream of unity Martin Luther King, Jr. borrowed from Ashley for his historic "I Have A Dream" speech. In Obama's speech, the connective bond Ashley, the elderly black man and Obama's grandmother share; represents Obama's self-indicting rise to the Harvard Yard. For Obama, the grand flag of language is the semi-fore of words, bestowed upon our nation by the messiah-alumni from Harvard. Obama's Swoon-Song Apologia to the nation represents a failed hymn -- a hymn that fails to heal the nation, repair the world, or make this time different than all the rest. Obama's speech is a brilliant failure.

http://www.halliburtonwatch.org/

Barack said;
"We let the special interests put their thumbs on the economic scales."

He is right. Look what the Auto/Oil cartel finger on the scales is doing to this country and you and me right now!!!

Barack said;

"The future cannot be shaped by the best-connected lobbyists with the best record of raising money for campaigns. This thinking is wrong for the financial sector and it's wrong for our country".

He is right. Just look at what the lobbyists for the AMA have done to our country's health care. Just look what pharmaceutical lobbying is doing to our cost of medicine.

No, Senator Clinton. Barack has not just "spoken words" The words he has uttered shows those listening that he understands why we are in the situation that faces our country. That is why he, unlike you Senator Clinton, turns away from that dirty money.

Paul needs a brush-up on his economic history.

The economy that President Clinton inheroted was about 18 months removed from the 1990-91 recession. In otehr words, it was just starting its growth phase.

The "deficit reduction package" was not responsible for the booming economy, let alone reducing the deficit. Even President Clinton believed that when he stated in 1995 that he saw there would be $200 billion ($300 billion in today's dollars) deficits for as far as eyes can see

http://www.cato.org/pub_display.php?pub_id=5656

The economy of the 90's and the subsequent increase in the market was caused by private enterprise - specifically the growth in personal computers and the inetrnet.

The economy that President Clinton left behind was 39 days from recession with the DJIA and NASDAQ heading south.

Obama like Hillary on this are right, McCain would be an utter economic disaster for the USA. That is why if Obama gets the nomination I am voting for NADER. I urge all my fellow Hillary supporters to do the same, Obama has shamelessly slandered Hillary to no end, he does not deserve our support. Vote Nader/Gonzales if Hillary is not the Democratic nominee, Nader is a great second choice.

Please, first the head-line is off target but if that is how you want the attention, fine. I doubt anyone really thinks John McCain could ever be considered another Bush. He is a maverick in his own party and that kind of foolish comparison wears thin. Second, Obama is hardly the champion of anything but Apple Pie rhetoric. Always a great speech, but real "change" comes through the Constitution, not by sponsoring meaningless Bills and missing votes. Bill Clinton almost got it right but should have pushed for a Constitutional Amendment for the Line Item veto. [Hillary would at least have Bill to help her out].

Yes, and Obama is a first Dukakis term.

Posted by: Jeff | March 27, 2008 10:27 AM

Yes, and McCain is a first Bob Dole term.

Interesting that Obama promotes himself as "pro American" yet he and his wife can barely acknowledge that anything good happens here.....I bet he would love nothing more than some irrefuteable evidence that we're in a recession....

The economy that President Clinton left behind was 39 days from recession with the DJIA and NASDAQ heading south.

Posted by: Terry | March 27, 2008 3:18 PM

Spelling Champ,

All you're missing now is your Bush cheerleading skirt and matching pom poms!
http://www.pinkdome.com/archives/Bush%20Cheerleader%20Andover%20Academy.jpg

GOP = $10 Trillion dollar budget deficit...and counting...
http://photobucket.com/mediadetail/?media=http%3A%2F%2Fi65.photobucket.com%2Falbums%2Fh224%2Fleavinit%2Fbudget_deficit_or_surplus.gif&searchTerm=deficit&pageOffset=18

THANKS WINGNUTS!!!

Hmmm, what about a first Mondale-Ferraro term? Didn't he promise to raise taxes, too?

Ask yourselves who loses during a recession?

Do the wealthy lose? Not really, they have their corporate cronies and insiders.

A recession effects Middle America more than any other group because this is the group that buys the homes, buys the new cars, and keeps the supply and demand proces in full throttle. When Middle America starts losing their homes, starts feeling the bite to the pocket book, our country will become overwhelmed with supply and no demand.

Now, ask yourself who is responsible for this dilemma. Could it be the industria/ oil barons and wall street CEO's whose profit margins have declined, but whose salaries and incentive packages have not? In fact, Bush/Cheney and his buddies don't feel the pinch (the recession) because they're doing the pinching.

Sorry to be so simplistic, but when you have corporations outsourcing to avoid paying corporate taxes, and investors defecting to foreign interests, and those same investors propping up their candidates, i.e McBush to maintain the status quo, you wonder at those misguided fellow Americans who somehow continue to support the socio/economic decline of our nation.

Gosh, darn, we need to go back to Clinton economics - " The budget went from deficit to surplus on Clinton’s watch and lower spending played a key role. He even abolished an entitlement program through welfare reform. By contrast, the deficit has exploded under Bush, in part because spending has risen well above what can reasonably be justified by the recession, Iraq, and homeland security. And he is the first Republican president in history to create a new entitlement program (for prescription drugs)."*

*http://www.nationalreview.com/nrof_bartlett/bartlett200407070838.asp

McBush has the answers...
Iraq....lets stay the course and see what happens.
Economy....lets stay the course and see what happens.

4 more years for sure...the only difference is we won't have to hear about his bike riding.

John E the Catholic School Girl,

Let's see, if old Bill Clinton hadn't punted the terrorism issue down the road, we would have no Trillion dollar war on terror and would not have had to create another gov't bureacracy in Homeland Security. Back those expenditures out of the budget, and the budget is damn near balanced.

These were numbers, large numbers, so I know your head is spinning, so go back and watch Sponge BoB now.

Let's see, if old Bill Clinton hadn't punted the terrorism issue down the road, we would have no Trillion dollar war on terror and would not have had to create another gov't bureacracy in Homeland Security. Back those expenditures out of the budget, and the budget is damn near balanced.

These were numbers, large numbers, so I know your head is spinning, so go back and watch Sponge BoB now.

Posted by: Terry | March 27, 2008 8:39 PM

**********************
In response:

You can thank George H.W. Bush, for bringing terrorism to our shores with his concocted Persian Gulf War to liberate Kuwait - what a joke. All Bill Clinton did was try to clean up the mess that Bushie the father created trying to appease his oil buddies while protecting his fair share of the wealth in oil. If the first Persina Gulf War had not occurred, 9/11 would have been nothing more than a fictional tale created by Hollywood.

Yep, Bush Sr. and Bush Jr. with puppeteers Cheney and the neocons are America's co-conspirators in the "new world order" ( Bush Sr.'s phrase)which has caused global disorder and growing fanaticism.

But don't worry, the Bush/Cheney family's oil revenues are safe, and Barbara can visit New Orleans and "let them have cake."

"Let's see, if old Bill Clinton hadn't punted the terrorism issue down the road, we would have no Trillion dollar war on terror and would not have had to create another gov't bureacracy in Homeland Security."

And if President Bush wasn't too busy increasing the legal amount of arsenic allowed in our drinking water, refusing federal money for family planning clinics tghat teach contraceptive use (leading directly to an explosion over the last 6 years in the number of teen pregnancies and STD infections, notably after those rates had been falling for two decades), clearing brush and figuring out how to overthrow Saddam Hussein in the first 9 months of his presidency, maybe he could have instituted the kind of "hair on fire" mentality that the Clinton Administration encouraged around Y2K, leading directly to the thwarting of the Millenium Bombing. Or you know what, I'll go MUCH softer. How about he could have done anything, ANYTHING WHATSOEVER to try to protect the American people from terrorism.

The Iraq War is in no direct sense related to the "War on Terror-" what most Americans believe to be a war against Al Qaeda and international terrorists that intend to attack America (note: not Israel, as Saddam Hussein's terrorists were exclusively focused on).

Thus, the Iraq War doesn't get wiped off the books as you and your heroes on the Bush Administration wish. Simply the interest on the debt piled on during the Bush Administration was nearly equal to the Department of Defense Budget ($400 billion) in 2006. It is impossibly irresponsible to NOT EVEN ATTEMPT to pay for this spending TODAY.

George Walker Bush is the most COWARDLY president in American history. When faced with (as in: did absolutely nothing whatsoever on any level to stop) the worst terrorist attack in American history, he demanded absolutely nothing of the united nation other than to consume. Did he make the responsible decision that since he was going to have to be a "war president" that he would need to raise the revenue necessary to fight this protracted struggle into which he intended to engage?

Not even close. He continued to cut taxes THROUGHOUT THE WAR(S!!) and continues to agitate for FURTHER reductions, signed pork-laden GOP legislation again and again and again, all the while borrowing barrels of dollars from China and telling the bartender to "put it on our tabs."

You know, OUR CHILDREN'S TABS.

And Trickle Down Terry, you are correct that the economy was expanding when President Clinton took office. You might also keep in mind, though, that THAT growth coincides pretty neatly with the BREAKING of President Bush Sr.'s "no new taxes pledge." Your argument simple lends even greater evidence to the truth that progressive economic policies led to the greatest economic expansion in American history.

The flip-side is, of course, that the economy of the Bush Jr. years has been quite unimpressive considering the profoundly destabilizing borrowing that has been necessary to prop up consumer consumption, keeping the economy afloat but barely over the 4 year Bush II expansion.

I hope, like Karl Rove, that you are simply a propagandist and don't actually believe the inane rhetoric you spew. Any honest assessments of the facts involved would force you to acknowledge the simply reality that Democratic progressive economics has consistently outperformed Republican supply-side economics.

When the only tool you have is a hammer, everything looks like a nail.

The Truth,

Nice stretch about terrorism being linked to Kuwait. Let's blame this whole thing on Truman since he was President when Isreal was created?

Gulf War One - that was when we had the world bvehind us - correct? The troops did their job, but then Bill Clinton basically sat on his hands for eight years. He emboldened bin Laden in Somolia by withdrawing.

ELLN,

The millenium bomber being caught was the work (luck?) of the individual that caught him.

Iraq War not war on terror? Do you think we would would have invaded Iraq if 9-11 had never occurred? I don't.

He cut taxes to stimulate bring th economy from an inherited recession.

Please exoplain how raising taxes stimulates an economy? Let's hear this from a great economic mind like yourself.

Obama’s efforts to connect to the Republican Party, specifically Bush, and Dick Cheney, of the Halliburton Company, dates back to the Presidents Grandfather, Prescott Bush, and indeed Cheney was once an executive officer of Halliburton.

The American military pounds Iraq with Artillary, bombs, and the like, destroying large sections of cities, and infra-structures, then Halliburton comes in to rebuild. Halliburton and Halliburton associated companies have raked in ten’s of billions.

Obama is just like the BIG HALIBURTAN. Haliburton has contracted to build detention centers in the U.S. similiar to the one in Quantanammo Bay, Cuba. Halliburton does nothing to earn the Two Dollars for each meal an American Serviceman in Iraq eats.

http://www.halliburtonwatch.org/

Halliburton was scheduled to take control of the Dubai Ports in The United Arab Emiirate. The deal was canceled when Bush was unable to affect the transfer of the American Ports.

Now we see what some might suspect as similiar financial escapading from the Democrats.

Two years ago, Iraq’s Ministry of Electricity gave a $50 million contract to a start-up security company - Companion- owned by now-indicted businessman (TONY REZKO) Tony Rezko and a onetime Chicago cop, Daniel T. Frawley, to train Iraqi power-plant guards in the United States. An Iraqi leadership change left the deal in limbo. Now the company, Companion Security, is working to revive its contract.
Involved along with Antoin “Tony” Rezco, long time friend and neighbor of Democratic Presidential hopeful Barack Obama, and former cop Daniel T. Frawley, is Aiham Alsammarae. Alsammarae was accused of financial corruption by Iraqi authorities and jailed in Iraq last year before escaping and returning here.

LIKE FATHER LIKE SON --
Recently, Obama's campaign staff have been vetted by the IRS to disclose his connection to the criminal money generating underworld. Besides, his connections to the REZCO MAFIA types, his up-coming tax fraud charges — Obama needs to disclose why he is a MUSLIM "PATWANG-FWEEE" and disclose Obama's MUSLIM Farrakhan mob connection to Chicago's Trinity United Church of Christ. Its minister, and Obama's spiritual adviser, is the Rev. Jeremiah A. Wright Jr. In 1982, the church launched Trumpet Newsmagazine; Wright's daughters serve as publisher and executive editor. Every year, the magazine makes awards in various categories. Last year, it gave the Dr. Jeremiah A. Wright Jr. Trumpeter Award to a man it said "truly epitomized greatness." That man is Louis Farrakhan. Farrakhan and Chicago's Trinity United Church are trumpeting Barack Obama AKA Barack Hussein Obama as the second coming of the messiah. Obama should stop suppoting our intervention in IRAQ. It’s time to introduce this false, fake Xerox - X box Obama and invite the self-indicting thief plagiarizing pipsqueke "GLORK" Xerox - X box to meet the Buffalo "GAZOWNT-GAZIKKA" Police Department Buffalo Creek. He is MAD!!! --

OBAM YOU'RE NO JFK --

"GLORK" Obama looks like Alfred E. Newman: "Tales Calculated To Drive You." He is a MUSLIM "Glork" He's MAD!!! Alfred E. Neuman is the fictional mascot of Mad. The face had drifted through American pictography for decades before being claimed by Mad editor Harvey Kurtzman after he spotted it on the bulletin board in the office of Ballantine Books editor Bernard Shir-Cliff, later a contributor to various magazines created by Kurtzman.
Obama needs to disclose why he is a MUSLIM "PATWANG-FWEEE" and stop suppoting our intervention in IRAQ. It’s time to introduce this false, fake "GLORK" Xerox - X box Obama and invite the self-indicting thief plagiarizing pipsqueke Xerox - X box to meet the Buffalo "GAZOWNT-GAZIKKA" Police Department Buffalo Creek.

Michelle Obama should be ashamed.

"GLORK" Michelle Obama should be ashamed of her separatist-racist connection to Farrakhan and Chicago's Trinity United Church trumpeting Barack Obama AKA Barack Hussein Obama as the second coming of the messiah. If Michelle Obama new what her husband -- the Hope-A-Dope, Fonster Monster -- Barack Obama AKA Barack Hussein Obama did in Harlem, she would wash her wide-open, Hus-suey loving MUSILM mouth out, with twenty-four (24) mule-team double-cross X-boX-BorraX. He is a MUSLIM "Glork" It’s time to introduce this false, fake "GLORK" Xerox - X box Obama and invite the self-indicting thief plagiarizing pipsqueke Xerox - X box to meet the Buffalo "GAZOWNT-GAZIKKA" Police Department Buffalo Creek. He's MAD!!!

http://www.halliburtonwatch.org/

THE SPEECH --

The Apologia has arrived and once again the self-indicting, separatist-racist Barack Obama AKA Barack Hussein Obama, promises to heal the wounds of the world. The speech is the rude awakening of mass messianism of his campaign. Apologetically, Obama the MUSLIM double-cross X-boX-BorraX has an astonishingly empty two-prawn echelon explanation of his misjudgment.
In the first prawn: with regard to his connection to separatist-racist Rev. Wright; Obama summons voodoo and juju to express slavery as beginning and ending with the Rev. Wright.
In the second prawn: Obama's speech takes credit for Ashley's dream. A dream of unity Martin Luther King, Jr. borrowed from Ashley for his historic "I Have A Dream" speech. In Obama's speech, the connective bond Ashley, the elderly black man and Obama's grandmother share; represents Obama's self-indicting rise to the Harvard Yard. For Obama, the grand flag of language is the semi-fore of words, bestowed upon our nation by the messiah-alumni from Harvard. Obama's Swoon-Song Apologia to the nation represents a failed hymn -- a hymn that fails to heal the nation, repair the world, or make this time different than all the rest. Obama's speech is a brilliant failure.

http://www.halliburtonwatch.org/

MUSLIM LIES --

The ILLIGITIAMTE MUSLIM MESSIA has blundered yet again!!! The self-indicting, separatist-racist Barack Obama AKA Barack Hussein Obama, lied about the politics of his campaign. The danger involved with this self-aggrandizing, -a-hoop, Hope-A-Dope, Fonster Monster -- Barack Obama AKA Barack Hussein Obama is that -- "Like Father Like Son" Obama is constantly wanting to impress America with "...his incapacity for sound judgment." On top of the horrible crime Obama committed in Harlem, the fact is, we have to hear it from Karl Rove about Obama's latest campaign crisis: "GLORK" Top Ten Obama Lies:

1. Obam said his parents met at the Selma march -- Reality: He was born 4 years before that.

2. Obam said he was a constitutional law professor -- Reality: . . . Obama Made This False Claim In His 2004 Senate Race. “Several direct-mail pieces issued for Obama's primary [Senate] campaign said he was a law professor at the University of Chicago. He is not. He is a senior lecturer (now on leave) at the school..

3. Obam said he spoke fluent Indonesian as a child -- Reality: . . . Obama has claimed on numerous occasions to have become fluent in Indonesian in six months. Yet another Phi Beta Krakatau lie from Obama. Those who knew him disputed that during recent interviews. Israel la Pareira Darmawan, Obama's 1st-grade teacher, said she attempted to help him learn the Indonesian language by going over pronunciation and vowel sounds. Truth-be-told: Obama's Indonesian teachers say Kaku-Pooh.

4. Obam said he was involved in community asbestos and housing project for the poor -- Reality: Didn't happen. This was the basis for Barrack and Misshell's claim, that he was a community activist on the South and East Side of Chicago. Usher A+ lie both he and his twenty-four (24) mule-team, Hus-suey loving wife Misshell Obama have been claiming in the campaign -- Reality: The Chicago Newspapers say NO WAY

5. Obam said in his book that he received his racial awakening at age nine reading a Life/Ebony Magazine story about a black man who was scarred trying to dye his skin white -- Reality: Didn't happen. Both Magazines (Life and Ebony), and the Rev. Wright and Farrakhan MUSLIM Trumpet Newsmagazine say, just didn't happen.

6. Obam’s Campaign Didn’t Have The “Technical Capacity” To Produce The “1984” Ad:

Obama: “But it's not something that we had anything to do with or were aware of and that frankly, given what it looks like, we don't have the technical capacity to create something like that.” (CNN’s “Larry King Live,” 3/24/07) -- Reality:...The Creator Admitted All It Took Was A “Sunday Afternoon” On His Mac. Phillip de Vellis: “I made the ad on a Sunday afternoon in my apartment using my personal equipment (a Mac and some software), uploaded it to YouTube, and sent links around to blogs.”

7. Obam’s Campaign Claimed His High School Friend Tried To Extort Money From Them:

“According To The Obama Campaign, [Obama’s Punahou Classmate Keith] Kakugawa Explicitly Raised The Possibility That He Could Make Up False Stories About Obama, Implying He Would Do So If The Campaign Did Not Give Him Money.” (Maurice Possley, Kirsten Scharnberg and Ray Gibson, -- Reality: “...An Old Friend's Troublesome Return,” Chicago Tribune, 3/25/07).

8. Obam voted to bring low-cost foreign labor into New Orleans after Hurricane Katrina -- Reality:...This was a slap in the face against the African-Americans who were displaced in that city. Obama also voted to place Michael Chertoff, the man responsible for the Katrina catastrophe, in charge of Homeland Security. Obama voted for Senate-Bills that gave Blackwater the funding they needed to shoot the folks of New Orleans who were only trying to save their own lives. The towel head voted to allow Michael Chertoff to waive all applicable laws, including murder, torture, kidnaping, and he suppoted water-boarding.

9. Obam voted more than five times for USA-PATRIOT ACT renewal -- Reality:...This is a Senate-Bill patently offensive to most Americans. City after city has passed resolutions condemning USA-PATRIOT ACT. Obama chose to side with tyranny over freedom and Bush over the folks on this issue. The Real ID Act, which would allow Michael Chertoff to declare martial law and imprison Americans, was supported by Obama, as noted above.

10. Obam is not a MAD MAN. Senator Obama Is not involved along with Antoin “Tony” Rezco, long time friend and neighbor, now-indicted businessman (TONY REZKO), or Tony Rezko and a onetime Chicago cop, Daniel T. Frawley. Senator Obama is not involved in any nuclear security, bribery, money payoffs, or cronyism in the state of Illinois; or criminal activities related to the BIG HALIBURTAN and V.P. Cheney's Halliburton bribery case; or any political misjudgment in his escalating campaign crisis. "GLORK" Senator Obama is not a self-indicting thief plagiarizing pipsqueke Xerox - X box. Obama executed no crime in Harlem. Obama is Not America's Poison -- Reality:...He's Radio-Active.

http://www.halliburtonwatch.org/