What They Said! What She Said! Plus, John Likes Andrew

Mmm, Popcorn

Mmm, Popcorn

What They Said!

I cannot possibly hope to do any better than Riverdaughter and Anglachel on the current financial crisis. Please do read them extensively for excellent commentaries, links, and overviews of the risky, financially unsound nature of the Bush Administration’s $700 billion bailout proposal.

What She Said!

I would just like to bring up, once again, who knew that we needed to do something about the mortgage meltdown which started this financial crisis in March of 2007, and who, surprisingly, never said anything stupid like: “Nobody knows what to do.” She actually, like, had a plan and stuff. How uninspiring and unhopeful!

Democratic presidential front-runner Hillary Rodham Clinton on Tuesday called for penalties against mortgage brokers who engage in predatory lending and a $1 billion federal fund to help homeowners avoid foreclosure.

The New York senator has been critical of subprime mortgages, loans given to people with blemished credit histories or low incomes. Weak home prices and rising interest rates have made it increasingly difficult for borrowers to keep up with their payments; delinquencies and foreclosures are rising sharply.

“Today we have a clear choice: We can look at the statistics, wring our hands and continue to do nothing, or we can do what America has done in times of difficulty, acknowledge we have a real challenge and confront it head-on with real solutions,” Clinton said. “I think we need to act now with smart, practical solutions to strengthen our housing and mortgage markets.”

As we all know, it was absolutely beyond the pale that a woman should be so knowledgeable. And where, oh where, are the empty slogans, the lack of accomplishment, the ideological fuzziness that are so appealing to the American electorate? Best to pat the little lady on the head and send her on her way, with as many gratuitous insults and snot-nosed elitism as possible. That is, until we need her and her voters to prop up the inadequate man who was given her rightfully earned and deserved nomination. Then, we’ll just sweet-talk ’em until they come around. Wimminz are teh stoopid that way.

John Likes Andrew

Once again, things are not holding to their normal patterns this year. The Republican Presidential nominee wants to get rid of the current chairman of the SEC, and replace him with – Andrew Cuomo?

Senator McCain dropped a surprising name tonight when he was asked who he would want to replace Christopher Cox as chairman of the Securities and Exchange Commission: Andrew Cuomo, the Democratic attorney general of New York.

“I think he is somebody who could restore some credibility, lend some bipartisanship, to this effort,” Mr. McCain said, adding that he admired Mr. Cuomo’s work in New York. He said that Mr. Cuomo had “respect” and “prestige,” praising his tenure as secretary of Housing and Urban Development in the Clinton administration.

That is the second good, substantial idea I’ve heard coming from McCain -the first being picking Governor Sarah Palin as his VP nominee. Actually, this appointment isn’t a good idea – it’s a GREAT idea, and if Obama had suggested it, I don’t doubt that every Obaman in the universe who knew anything about Cuomo would have acknowledged it as such. On the other side of the aisle, I’m sure that Republicans who are sick of the corruption and looting of their pocketbooks by fatcat corporations would think it’s a great idea too.

Now, I’m still not planning to vote for McCain. I don’t need to, since my vote won’t count anyway, and I disagree with him on enough issues that I have the luxury of voting my conscience this year. But he is giving me hope that when he is elected, he might actually be an okay President who might manage not to screw things up too much worse than they already are. The audacity of hope, indeed!

Pass the popcorn.


7 responses to “What They Said! What She Said! Plus, John Likes Andrew

  1. “I don’t need to, since my vote won’t count anyway”

    I agree with everything else you said Madama, but I don’t think we can afford comments like this in such a critical election. Every vote against Obama counts, and in case you haven’t heard, NY is turning purple!


  2. GG – I understand where you are coming from, believe me.

    I have said this before, but perhaps you missed it: Should the polls leading up to the election show that McCain has a real shot at winning New York, I will vote McCain/Palin. The 30% Solution allows me to do so with a clear conscience.

    However, if New York is going to stay blue (and I recently saw a poll where Obama was ahead by 17 points), I would prefer to vote for two women rather than for just one.

  3. Oh please we cannot afford McCainonomics. Not only that, the man just flat out doesn’t have the temperment to be a “good” president. A vote for McCain is a vote for the end of America as we’ve known it.

  4. Sorry Rockspot, your hysteria is unconvincing. If a large Dem majority Congress can’t keep McCain in line, then America is over NOW.

  5. Rockspot, your fearmongering would be more convincing if what you said wasn’t at least as true of McCain’s opponent.

    Just read at Corrente that Obama is organizing another anti-gay “faith” tour. The man just has a compulsion to offend as many people as he can. I shudder to think what will happen if he has to deal with foreign leaders. Do we really need another repeat of Bush-style inanity? I bet Angela Merkel is just dying to be called “sweetie” – NOT!

  6. republican in seattle

    Oh course, dear Hillary was 4.5 years late to the party still. President Bush wanted to seriously reform Fannie and Freddie (as well as work on this larger nonsense) back in September 2003. But Democrats like Barney Frank, one of your homeboys, stood in his way and would not let him. I can give you a link to a Wall Street Journal article if you don’t believe me.


    Once again in all this, McCain is proving himself to be the real leader between the two. Not surprising either. It isn’t hard to come up with better ideas than an empty suit.

  7. Republican – Reform? Like he wants to “reform” (privatize) Social Security?

    President Bush’s ideas for so-called reform have all been aimed towards one thing: funnelling more money to his cronies, just like the proposed $700 billion, no-oversight giveaway to Wall Street is going to do. Bush wants a blank check so that no one knows where all the money is going. The only one really standing up to him is Hillary. As usual.

    As I’m sure you realize, the problem was not necessarily with Freddie and Fannie (although they should not have been allowed to get so big), but with the housing meltdown that made mortgage-backed securities worthless.

    As for Barney Frank, I am sure he was correct in standing up to Bush, but I also agree he has been bought and sold. There are far too many on both sides of the aisle that owe far too much to corporate interests. We need public financing for elections in this country, more along the lines of what they do in England. When you have to spend $500 million to become President, and probably $100 million to be a Senator, you are bound to owe a lot of favors to a lot of questionable people.