Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts

Friday, September 26, 2008

The Financial Crisis Explained

A (humorous) explanation.

This is Why McCain Came Back

The more you learn about what happened yesterday and how McCain is "leading," well, I just want to crawl back in bed and pull the covers over my head:

At one point, several minutes into the session, Obama said it was time to hear from McCain. According to a Republican who was there, "all he said was, 'I support the principles that House Republicans are fighting for.'"


Read the rest of the details here.

So a Day After McCain Swoops in to the Rescue, Where Are We?

Let's see.

McCain decides the government can't fashion a rescue plan without him, so he "suspends" his campaign (though his ads continue to run, his surrogates continue to attack Obama) lies to David Letterman about why he can't be on his show, telling him he's dashing to the airport when in fact he's sitting with Katie Couric and getting makeup applied, finally shows up in DC after an initial agreement is set; pulls all the players to a photo op at the White House where the only thing of slight substance he does is mention a counter proposal by Conservative Republicans that he can't defend when challenged by the Secretary of the Treasury. Meanwhile the person he picked to be a "feeble heartbeat" away from the presidency can't respond to softball questions on McCain's record while making an argument that she's got foreign policy experience because Putin flew through her state's airspace.

And now, after all that, whatever deal had been struck is unraveled. Heckuva job, Johnnie.

McCain says he's suspended his campaign but the only thing being suspended is a sense of disbelief.

Is this really a serious person capable of leading us through the century's biggest fiscal crisis and the "global war on terror?"

Or did all those years of appearing on Saturday Night Live go to McCain's head and he's now perpetrating the biggest parody in history on the country?

I'm not laughing.

Tuesday, September 23, 2008

Trust

A former boss told me that one of my biggest weaknesses was that I was too trusting.

It's true.

For example, I trusted my government when it told me there were WMDs in Iraq. And so I supported the war.

And then I found out -- I know, no surprise to you -- that it was all a lie.

Now I'm being told by my government that we "have" to spend $700 billion in taxpayer's money to bailout Wall Street.

I do believe we're in a crisis. It's real.

And it's a terrible thing to not be able to trust your government in a real crisis.

And the McCain campaign is engaging in the same sort of distortions, lies, double talk, avoiding accountability or scrutiny, as the Bush Administration.

Barack Obama may end up disappointing me and lose my trust. John McCain has already done so. The idea of trusting a McCain administration in these perilous times is enough to send me into a great depression.