MGB: McCain's Bail-Out Plan in Action

Oct 06, 2008 14:37:09
RSS

News Flash: The Dow closes below 10,000 for the first time in nearly four years after a roller-coaster day, according to an early tally.

Oct 06, 2008 14:41:18
wyatt

RSS...posted with such glee....you are a sick man and a pitiful American, you revel in others misery to further your goals.................

Oct 06, 2008 14:42:34
AzMarc

Well Nancy was so Proud......Not sure you can pin this on BHO or McCain.

Oct 06, 2008 14:44:54
fordgt

guys he just starts this shit to see how many posts he can get.

Oct 06, 2008 14:56:50
6863m

Didn't I read something in the paper where McCains brother called people in Northern Virginia communists. Maybe he knows RSS and where he lives. I thought RSS said he lived in Northern Virginia. Maybe RSS works for the Federal Bureaucracy at some high level and really doesn't give a crap for us he has his all taken care of.

Oct 06, 2008 16:21:41
comart45

Wall street will get over themselves. I remember when it was considered impossible for the market to hit 5,000.

Oct 06, 2008 16:22:53
GT caretaker

It really amazes me that people think like that (like RSS I mean). Its like he lives in some alternate universe where "burrito" means "Lacrosse." Somehow this bailout and the subsequent fallout is "McCain's?"

Like Wyatt...I am heading back out to look for baby bunny mounds to run over with my hate-filled, evil republican lawn mower machine...thingy.

Oct 06, 2008 16:26:12
David Deutsch

I can not tell you what the answer is BUT I can sure tell you what the problem is.
An economy works by funds/currency circulating and that is not happening now.

40 years ago I used to here about 10% owning 90%
20 years ago I heard 5% own 95%
we now hear about 1 or 2% owning 98 or 99%

Just read that the wealthest 400 Americans are worth as much as the poorest 150,000,000 Americans. These 400 have a net worth of 1.6 Trillion dollars. Their net worth has increased 600 Billion in the last 7 years. The more they hold, the less there is circulating.

McCain is a VERY rich man, is out of touch w/ the middle class and is part of the problem. He did not get rich by accident, he worked hard. I feel he worked harder towards the goal of becoming rich than he did toward making this country better for all Americans.

Obama upon leaving Harvard could have taken lucrative positions at almost any law firm he wished to. He chose public service instead. He has not used his positions for personal profit. Obama AND Biden understand the struggles of the middle class.

Oct 06, 2008 16:27:52
GT caretaker

Uhhhh...yeah. I am certain Obama and Biden understand my struggles.

Dangit...where are those bunny mounds?

Oct 06, 2008 16:52:05
6863m

David, Don't be so sure Obama could have taken big high paying jobs. We really don't know much because near as we can determiine he did not do much as a lawyer. Based on what he did in the Law Reveiw we don't know much about his being a lawyer. At that point he would have just been a Harvard graduate.

No question he did take public service and that is good but I am not convinced he is any more in tune with the middle class than any one else. When he made his first buck he surely did not buy a house in middle class Chicago. He bought more than he should have and needed help from his friend Rezko and Rezko surely was not middle class. He was not hanging out with middle class people.

Can you give any examples of middle class friends of Obama. We have never seen one or heard of one from his past or present. Obama is who he is, he is an elitist pure and simple. And now he is a politician. After his presidency he will be an extremely wealthy person, I am OK with it all but don't try to sell the middle class guy on anyone.

McCain has never made money other than what his father might have left him. He married his money like John Kerry. John McCain is much more middle class under your description than Obama. McCain was the son of an Admiral when Admirals did not make much money. He was then a Commander in the Navy it does not get more middle class than that. Look up what a Congressman made in the 80's.

Oct 06, 2008 16:55:52
auctionwatch

Quote: "weatherman_appendage.jpg ( 34kB )"

:thumbup:

Oct 06, 2008 17:09:09
don4975

GT caretaker Wrote:

Quote: "
It really amazes me that people think like that (like RSS I mean). Its like he lives in some alternate universe where "burrito" means "Lacrosse." Somehow this bailout and the subsequent fallout is "McCain's?"
Like Wyatt...I am heading back out to look for baby bunny mounds to run over with my hate-filled, evil republican lawn mower machine...thingy.
"


Bawhaaa! good one

Oct 06, 2008 17:11:04
slywelder

6863m Wrote:

Quote: "
David, Don't be so sure Obama could have taken big high paying jobs. We really don't know much because near as we can determiine he did not do much as a lawyer. Based on what he did in the Law Reveiw we don't know much about his being a lawyer. At that point he would have just been a Harvard graduate.

"

Now i know you have no idea of what you are talking about,is there anything you wont say.Take out the name Obama in the above paragraph and put in any name.You acomplish what was done above and i can tell you as fact your going to get a nice starting salary,what you do after that is up to the indivual.

Oct 06, 2008 17:13:43
6863m

Steve I am only making the point that it was not as big a sacrifice as it is made out to be.

Oct 06, 2008 17:22:16
JimmyHilton

David Deutsch Wrote:

Quote: "
40 years ago I used to here about 10% owning 90%
20 years ago I heard 5% own 95%
we now hear about 1 or 2% owning 98 or 99%
Just read that the wealthest 400 Americans are worth as much as the poorest 150,000,000 Americans. These 400 have a net worth of 1.6 Trillion dollars. Their net worth has increased 600 Billion in the last 7 years. The more they hold, the less there is circulating.
"


David,
You might try naming those 5%. There will be a huge number of Democrats. They would include actors/actresses, Bill Gates, Major market players, and on.

We have hit a point where the Democrats have the wealthiest, and are pandering to those suffering. The Repulicans are predominantly in the middle class.

Oct 06, 2008 18:37:52
slywelder

6863m Wrote:

Quote: "
Steve I am only making the point that it was not as big a sacrifice as it is made out to be.
"


Sorry i disagree,it was a very big sacrifice,he could have made excellent money and he turned it down,any big firm would have grabbed him.

Oct 06, 2008 18:41:48
RSS

wyatt Wrote:

Quote: "
RSS...posted with such glee....you are a sick man and a pitiful American, you revel in others misery to further your goals.................
"


Can't attack the message, attack the messenger. Must be a republican in the room.


Oct 06, 2008 18:47:48
slywelder

RSS Wrote: [quote
RSS...posted with such glee....you are a sick man and a pitiful American,
[/quote]

Rick has and still does continue to serve his country with honor

Oct 06, 2008 19:38:11
wyatt

.........RSS, I read personalities quite well, did I mis-read your meaning with the original post?

....SteveY.....here I am.............

Oct 06, 2008 20:08:40
JimmyHilton

slywelder Wrote:

Quote: "
6863m Wrote:Quote:
Steve I am only making the point that it was not as big a sacrifice as it is made out to be.
Sorry i disagree,it was a very big sacrifice,he could have made excellent money and he turned it down,any big firm would have grabbed him."


Steve,

I really think that statement to be incorrect. I have a good many fraternity brothers that are very starving Lawyers. They don't make money because they are based on true to the heart ethics. I have been helping to support one of them.

Oct 06, 2008 20:16:39
RSS

John McCain Said:

Quote: "
This morning, I met with a group of economic advisers to talk about the proposal on the table and the steps that we should take going forward. I have also spoken with members of Congress to hear their perspective.

It has become clear that no consensus has developed to support the Administrations proposal. I do not believe that the plan on the table will pass as it currently stands, and we are running out of time.

Tomorrow morning, I will suspend my campaign and return to Washington...
[/quote]

GT caretaker Wrote: [quote]
It really amazes me that people think like that (like RSS I mean). Its like he lives in some alternate universe where "burrito" means "Lacrosse." Somehow this bailout and the subsequent fallout is "McCain's?"
"


Yep.

Oct 06, 2008 20:24:32
6863m

Steve Y don't be so sure. The Harvard Review President is not chosen by grades anymore and has not been for a few years. They changed the rules for selection as part of an affirmative action so as not to discriminate. So he was not selected because of grades and he has I believe refused to release his grades to the public which is his right I would guess. We also know he did not write anything in the Law Review he only reviewed papers.

So other than his transcript what does he take to the big firm. He walks in with what his grades. The first thing a Partner at the Firm asks is "you were the President of the Law Review let me see your papers and reviews." OOPS I did not do any. He then goes to Chicago and hires in as a civil rights lawyer and in three years he tried one very small case and the rest of the time according to his partner supervisor stayed in the background doing research.

Based on that I am just not so sure he was a high flyer for a big salary in New York Law. Remember he was just a law school graduate at that point.

Oct 06, 2008 20:31:08
Steve64B

I thought this was about McCain getting out of the race in Michigan?

Can we start a pool on which state he bails from next?

Oct 06, 2008 20:33:22
JimmyHilton

6863m Wrote:

Quote: "
Steve Y don't be so sure. The Harvard Review President is not chosen by grades anymore and has not been for a few years. They changed the rules for selection as part of an affirmative action so as not to discriminate. So he was not selected because of grades and he has I believe refused to release his grades to the public which is his right I would guess. We also know he did not write anything in the Law Review he only reviewed papers.
So other than his transcript what does he take to the big firm. He walks in with what his grades. The first thing a Partner at the Firm asks is "you were the President of the Law Review let me see your papers and reviews." OOPS I did not do any. He then goes to Chicago and hires in as a civil rights lawyer and in three years he tried one very small case and the rest of the time according to his partner supervisor stayed in the background doing research.
Based on that I am just not so sure he was a high flyer for a big salary in New York Law. Remember he was just a law school graduate at that point."


Richard,

As I recall, and probably could not refind the reading, that Obama's work in his one law firm was to assist in researching ways to sue CitiBank for not fully cooperating with the CRA.

Hmmm....... That is a strange thought today ........ as CitiBank is one of the few likely survivors.

Oct 06, 2008 20:38:53
JimmyHilton

Steve64B Wrote:

Quote: "
I thought this was about McCain getting out of the race in Michigan?
Can we start a pool on which state he bails from next?"


Ok, lets start with a 50% 50% bet on the combo of California and Arizona. Think that is an even bet?

Oct 06, 2008 20:47:19
6863m

Steve, why don't we also write down the States Obama has pulled out of it would be about as meaningful. As soon as the Democrats bought Michigan why should he spend money in the state. The mistake he made was announcing it and making a talking point out of it.

Oct 06, 2008 20:50:14
JimmyHilton

6863m Wrote:

Quote: "The mistake he made was announcing it and making a talking point out of it."


Why was that a mistaken statement? Sounded pretty thought out, and an honestly made decision to me.

>>>> edit: I also think that he should explain exactly why he pulled out of Michigan.

Oct 06, 2008 20:57:09
slywelder

JimmyHilton Wrote:

Quote: "
slywelder Wrote:Quote:
6863m Wrote:Quote:
Steve I am only making the point that it was not as big a sacrifice as it is made out to be.
Sorry i disagree,it was a very big sacrifice,he could have made excellent money and he turned it down,any big firm would have grabbed him.
Steve,
I really think that statement to be incorrect. I have a good many fraternity brothers that are very starving Lawyers. They don't make money because they are based on true to the heart ethics. I have been helping to support one of them.
"


Jimmy True to the heart ethics has nothing to do with it,what is it that your trying to imply?That laywers who make money dont have ethics! If your friends are starving lawyers id suggest there doing something wrong or there incompentent.Law today does not mean big salaries but starving is a bit of a strech.Now according to richard any a-hole can be president of the harvard law review.As i said would anyone make this argument if obam's name was not used---I doubt it. Richard cant give credit were credit is due,he'd rather distort any fact that is true which concerns the senator.Obama got into harvard was president of harvard law review but he's still just another minority who got were he is because he's black----im getting pissed off again

Oct 06, 2008 21:08:53
slywelder

6863m Wrote:

Quote: "
Steve Y don't be so sure. The Harvard Review President is not chosen by grades anymore and has not been for a few years. They changed the rules for selection as part of an affirmative action so as not to discriminate. So he was not selected because of grades and he has I believe refused to release his grades to the public which is his right I would guess. We also know he did not write anything in the Law Review he only reviewed papers.
So other than his transcript what does he take to the big firm. He walks in with what his grades. The first thing a Partner at the Firm asks is "you were the President of the Law Review let me see your papers and reviews." OOPS I did not do any. He then goes to Chicago and hires in as a civil rights lawyer and in three years he tried one very small case and the rest of the time according to his partner supervisor stayed in the background doing research.
Based on that I am just not so sure he was a high flyer for a big salary in New York Law. Remember he was just a law school graduate at that point.
"


Your starting to show your true colors and its not a pretty site.So now your saying he became president of harvard law because he's black,thats a racist statement.Simply i dont think you know what your talking about

Oct 06, 2008 21:08:59
JimmyHilton

Steve,

I went to one of the finest Liberal Arts schools in Texas (Austin College, Sherman, Tx). My initial goal was to go to Law School following. I timed out in the middle of my Junior year to help my Dad start the business that my Sister and I now run. I never went back.

My past fellow students are generally quite accomplished. None are incompetent! Try specializing in real estate, Title companies, credit reconstruction, mortgage brokerage, and all the other affiliated areas. It is just not happenin'.

Steve, I have been very level with you. You have now pissed me off ......

Oct 06, 2008 21:30:38
slywelder

MY mistake, im not pissed off at all at you----you i can respect,sorry about the incompetent remark but i still never heard of a starving lawyer.Most lawyers i know and i know enough,who are on there own are diversified,meaning they will do many things.Ive heard a lot of firms that were just doing closeings are hurting for work,but they will get into other areas to survive. Its not the politics with obama that gets me,its the refusal to give credit were its due because it is a obama.Look at it this way,i dont believe Palin would be a strong VP,but im not going to say she's incompentent,she obvisiouly is a very smart woman and maybe in ten years she'd have enough experience to leed the nation.When you talk to richard,when it comes to a difference of politics the other party canidate is always wrong,corrupt,a bum,or does not deserve to be were he is.Its pure b/s.I got zero problems with the fact that your a republican voteing for Mccain or whatever,just dont get like these other guys,all they do is talk crap.If we all stick to the facts we'd all have a better time and remember its better to be pissed off then pissed on,take it from one who knows

Oct 06, 2008 21:40:00
Steve64B

JimmyHilton Wrote:

Quote: "
Steve64B Wrote:Quote:
I thought this was about McCain getting out of the race in Michigan?
Can we start a pool on which state he bails from next?
Ok, lets start with a 50% 50% bet on the combo of California and Arizona. Think that is an even bet?
"


I saw my first Presidential commercial here tonight. It was from some 527 group... and it was pro-McCain. Neither candidate has spent anything here. I thought it was a little dumb to spend media in a State like Arizona where Big Mc has a huge lead.

I travel a lot so it's interesting to see the different strategies in the different States... the type of commercials being run and the saturation. In Florida they interupt the commercials to bring you the programming!

With appoligies to Nebraska ... Texas is a Big Red machine... are they running a lot of Presidential spots there?

Oct 06, 2008 21:43:06
JimmyHilton

Steve64B Wrote:

Quote: "
JimmyHilton Wrote:Quote:
With appoligies to Nebraska ... Texas is a Big Red machine... are they running a lot of Presidential spots there?
"


I really don't know. I really never turn on the boob tube.

Oct 06, 2008 21:43:11
6863m

Steve, don't make a racist statement out of something that is not there. I was answering a question and I was just repeating the words from the people describing the process and how it had changed over the years. Nothing more nothing less.

Others have implied that it is grades that does it and that has changed due to affirmative action there is nothing racist about the truth. Processes change for how you get into college and it is based on points and race is considered. If I mention that fact is it racist. When Obama applied from Columbia to Harvard his application was considered in part because of race and grades. I don't make any more of it than that.

Why don't you google Affirmative Action Columbia University and Harvard and see what you get before you call me a racist. We do know that his grades alone would not have qualified him to Harvard so his race provided the difference. No problem with that it is the process. We also know he graduated Magna Cum Laude from Harvard and you don't get that for nothing. So he did his part and the affirmative action gave him a chance. Isn't that how you want it to work.

Oct 06, 2008 21:57:10
slywelder

Richard Your takeing your info from other sources,no problem but do you trust them are they accurate.I know that you have overstated your opinion.Its not so much the obama issue but your playing this whole law thing down simply because it is obama!!This is what gets me,you cant acknowelge anything that would give even the slightest credit to the other canidate even it has nothing to do with his political position. Cant you see how this sounds?You just posted the guy Graduated magna cum laude,but yet you talk about his grades.Its late im going to bed,goodnight

Oct 06, 2008 22:13:10
6863m

Steve Y. the issue of grades came up because David was making the point that Obama made a big sacrifice to go to Chicago and I was making the point it was no an automatic to go to a big firm.

All the conspiracy stuff comes into it when Obama will not release his grades while at Columbia because they were looking for the connection with a high ranking I believe Iranian National who they claim helped him into Harvard. They knew from interviews he was a B minus student and could not understand how he got into Harvard.

I used the Magna Cum Laude becausee it did not seem to make a difference how he got there he did well and I believe everyone gets help all their lives along the way.

Oct 07, 2008 04:23:07
slywelder

Richard as we sink into a recession,your grasping for straws,trying to disccredit Obama anyway you and your party can,i think it will cost you the election.What was his gpa in subjects related to getting into law,did one subject pull him down, ,what does matter was how he did on his "l-cats" this is what got him into law school.,look at how well he did in law school and that is something you initialy tried to play down.How hard did we look at the presidents performance eight years ago,was that a cause of concern for you back then?Its time to give it up and address the issues,your looseing in the polls,Sen McCain had better do good tonight or he will certaintly take a big dive.

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