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Tag: Bad ideas

2006 Letter from McCain, other Republican Senators on Fannie/Freddie

Posted by – 10/11/08

My piece on the implosion and mismanagement of the McCain bid still forthcoming, I’d love to see my liberal friends spin this one. In addition to the Bush Administration’s 2003 calls for more oversight on Freddie and Fannie (more oversight, not less. again, not that evil deregulation we keep hearing about), McCain and 19 other senators, none Democrats, wrote and signed a letter demanding action in 2006 to prevent Freddie Mac and Fannie Mae’s fail. See the following:

So remember, in 2003 and 2004, the conservatives were being racist and hating low income people because they didn’t want the government handing out mortgages all willy nilly. In 2008, the conservatives are being racist and blaming low income people by laying the blame at the feet of Barney Frank and friends. Whatever it is, if it involves conservatives criticizing something, and there are in any way black people involved, it’s racism.

Prediction on First Debate

Posted by – 9/26/08

My prediction for tonight’s first presidential debate: Obama comes off looking childish and ignorant. Why? Because he’s taken 3 days to study up on foreign policy — you know, so he doesn’t make any more powerful declarations like the one concerning the US not having enough Arabic translators in Afghanistan. Because of the recent economic turmoil, the topics of the debate will shift dramatically to issues of economics rather than foreign policy, and Obama doesn’t have his trusty teleprompter tonight.

On a somewhat related issue, apparently the meeting at the White House yesterday saw McCain showing quiet support for John Boehner and the House Republicans’ plan to have Wall Street bail itself out rather than force Main Street to foot the bill. But here’s what’s ridiculous: The Dems agree with Bush on this bailout, and they’ve got a majority to pass this bill. Hear me: there is no need to have Republican support for this bailout, they’ve got the votes to pass it. So why do the Dems act as if it’s necessary? Because they know it’s a bad idea that’s being rushed through to make Congress look effective, and in a year or so when history proves it, the Dems don’t want to have gone down in flames all by themselves. They’re setting it up so they can rewrite history on this bailout just like they rewrote history on the failed policies that caused this problem in the first place.

Posted by – 6/27/08

CNN: Anheuser-Busch will stop alcoholic ‘energy’ drinks

Hmm… that always did seem like a really bad idea.