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Of course I don't support excessive and unnecessary regu-- uh, government regulation.
Senator John McCain
NBC's Today Show
9.20 AM, September 16th, 2008
Do I believe in excess government financial regulation? Yes.
Senator John McCain
CBS’s Early Show
10.10 AM, September 16th, 2008
I just don't get it. Even knowing the stupidity of a large segment of the American public I just don't get how Obama's not up twenty points. Look at what's going on in this country for fuck's sakeYou just have to laugh about it I guess. I was talking to a friend and he was blaming it on the fact that Obama's run a stupid campaign -which I do tend to agree with it but anyway- but that's not the point. Obama should be up twenty points even if he exiled himself to Siberia and ran his campaign by sending a letter once a month written in crayons with exclamation points and horrible spelling.
There's just no excuse for being a republican anymore, sorry, you're on the wrong side.
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It is insane, but I would imagine that a significant portion of the US populace is politically illiterate. Quite the same in other countries too but seemingly not so pronounced. The UK has the Tories thumping Labour in the polls at the moment, and though no Tory myself, I can see how and why things are that way. There is a sense of something logical happening. When it comes to American politics it just befuddles me how it can be such a close run thing especially after the two terms of Bush. How could anyone want to perpetuate that? Perhaps its a self denial thing and a case of "I will bat for my team and no other". Perhaps complete ignorance of the issues and the way the US is declining. The US needs change, no doubt about it, and there is a whopping great choice of two.
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Political scientists Brendan Nyhan and Jason Reifler provided two groups of volunteers with the Bush administration's prewar claims that Iraq had weapons of mass destruction. One group was given a refutation -- the comprehensive 2004 Duelfer report that concluded that Iraq did not have weapons of mass destruction before the United States invaded in 2003. Thirty-four percent of conservatives told only about the Bush administration's claims thought Iraq had hidden or destroyed its weapons before the U.S. invasion, but 64 percent of conservatives who heard both claim and refutation thought that Iraq really did have the weapons. The refutation, in other words, made the misinformation worse.
A similar "backfire effect" also influenced conservatives told about Bush administration assertions that tax cuts increase federal revenue. One group was offered a refutation by prominent economists that included current and former Bush administration officials. About 35 percent of conservatives told about the Bush claim believed it; 67 percent of those provided with both assertion and refutation believed that tax cuts increase revenue.
In a paper approaching publication, Nyhan, a PhD student at Duke University, and Reifler, at Georgia State University, suggest that Republicans might be especially prone to the backfire effect because conservatives may have more rigid views than liberals: Upon hearing a refutation, conservatives might "argue back" against the refutation in their minds, thereby strengthening their belief in the misinformation. Nyhan and Reifler did not see the same "backfire effect" when liberals were given misinformation and a refutation about the Bush administration's stance on stem cell research.
The Power of Political Misinformation
God help us all.
There's a difference between EXCESSIVE regulation and REGULATION...but hell me explaining nuance to a liberal suchas yourself is a little funny
What has YOUR BOY Obama done about itOh he's only been a senator for 140 some working days, never had any hearings, never tried to pass any legislation to help out.
McCain IS calling for hearings he did support legislation to try and fix this situation and he's not for this mob mentality Barrack is supporting where he thinks we need to run down Wall Street with pitchforks and torches.
I think a nonpolitical committee needs to be formed and hold hearings and submit a report on what to do with the economy, guys like Warren Buffet who are smart and FULLY understand American economics as well as World economics.
Oumafan when the country is on the downslide (for the time being, I reckon the economy will pick back up relatively soon, we have one or two more companies to go belly up before then) people vote out the "incumbant party" however in this case George W. Bush isn't the only incumbant who is hurting his party Barry can thank his buddies in the DEMOCRAT run Congress and their lack of action for not rallying the voters to help him out....no those guys and gals just wanted to sit back and WAIT until W got out of office to do something and it's going to hurt them big time in November.
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lyle I hate to say it, but you are a Fox news bigot. you eat that shit up. You are being a fool and they are playing you like a fiddle.
I feel sorry sometimes for your ignorance.
"If there's a better chin in the world than Pryor's, it has to be on Mount Rushmore." -Pat Putnam.
I don't listen to or watch Fox News...hate to break it to you buddy. And I am more independent than Kirkland or anyone else would have you believe but no one cares to ask me any specific questions on any issues and therefore I can't explain when I do disagree with McCain and ESPECIALLY Palin....but You don't care about it and that means your worse than you make me out to be.
Well Kirkland I hear "McCain doesn't know about the economy"...well neither does Obama and at least McCain tried to pass legislation to help the economy....I hear "Palin isn't qualified" well neither is Obama....I hear "If McCain is elected then Palin is going to be one heartbeat away from being the President" ...if Obama is going to be elected then HE is going to BE the President and Biden is a "heartbeat away from not being Vice President" but nobody thinks about that.
Obama's buddies are WORSE than anyone McCain even knows....and I'm talking about anyone McCain has EVER known like the dudes who beat him when he was a P.O.W.!!!!
Last edited by El Kabong; 09-19-2008 at 02:35 AM.
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Come on Lyle. You are better than this.![]()
"If there's a better chin in the world than Pryor's, it has to be on Mount Rushmore." -Pat Putnam.
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McCain has insane economic policies and is advised by insane people, the very people who brought you the current meltdown. You'll notice he's flip flopped on his economic views since the current phase of the solvency crisis started. Obama uns=derstands the situation and is advised by non-insane people who also understand the situation -- a couple of years ago while McCain was claiming "I'm always for less regulation" Obama was sponsoring a bill to create oversight of the mortgage industry, something voted down by the GOP. McCain had admitted that he doesn't know anything about the economy.
Here are some specific questions for you since nobody asks you any :
Explain exactly what legislation McCain tried to pass to help the economy.
Explain who Obama's bad buddies are.
We should run a sweepstake to see which nationwide US bank is going to get bailed out this weekend. I'm going for WaMu with a bonus bailout of the Federal bank bailout agency which will be all out of funds after next weekend. Never mind, I'm sure Americans will find a way of adapting to $10 gasoline.
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There is a difference between excessive and adequate regulation Lyle, but right now in the areas of the financial industry that have gone kablooey, there's zero regulation. None whatsoever. And the man you can mainly thank for that is Phil Gramm, who is now one of McCain's economic advisors and a longtime friend of his going back to the Keating financial scandal that McCain was involved in. Gramm authored a bill that scrapped the regulations the Democrats brought in after the 1929 crash and then another one that allowed mortgages to be securitised and sold by their originators to investors without any regulation, the exact thing that is causing the current meltdown.
But there was still a bunch of domestic Federal and State regulations that would have kept the meltdown from ever getting big enough to do much damage, domestic regulatory bodies that were set up to protect the system. But in the same way that Bush appointed an Exxon lobbyist to run the Environmental Protection Agency, he used the same fox/henhouse strategy to staff these regulatory bodies, appointing banking lobbyists to run them. Here's what they did to banking, mortgage and consumer protection regulations :
I'm guessing the Obama people could use that in an election ad. It's not every day that the people you're running against hold a press conference where they chainsaw a stack of banking and mortgage regulations and pictures paint a thousand words, don't they?
Obama sponsored a bill to increase oversight in the mortgage industry but it was voted down by the GOP. I'd be interested to see any evidence of McCain ever being pro-regulation of anything. He's given plenty of interviews over the years saying exactly the opposite, and I'm certain this "pro-regulation" position is yet anothe rlie of his.
If the media ever reported reality in the States then pitchfork futures would be a sound investment.
Why do you think the economy is going to improve?
Buffet supports Obama for election. That's because obama is the candidate with non-insane economic policies.
Last edited by Kirkland Laing; 09-17-2008 at 10:22 PM.
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