By then I had already concluded that that there was a disturbingly erratic side of McCain’s nature. There’s a certain lack of seriousness in him. And he does not appear to be a reflective man, or very interested in domestic issues. One cannot imagine him ruminating late into the night about, say, how to educate and train Americans for the new global and technological challenges.
McCain’s making a big issue of “earmarks” and citing entertaining examples of ridiculous-sounding ones, circumvents discussion of the larger issues of the allocation of funds in the federal budget: according to the Office of Management and Budget, earmarks represent less than one percent of federal spending.
Now he’s back to declaring himself a maverick, but it’s not clear what that means. If he gains the presidency, is he going to rebel against the base he’s now depending on to get him elected? (Hence his selection of running mate Sarah Palin.) Campaigns matter. If he means “shaking up the system” (which is not the same thing), opposing earmarks doesn’t cut it.
McCain’s recent conduct of his campaign – his willingness to lie repeatedly (including in his acceptance speech) and to play Russian roulette with the vice-presidency, in order to fulfill his long-held ambition – has reinforced my earlier, and growing, sense that John McCain is not a principled man.
In fact, it’s not clear who he is.
Thursday, September 18, 2008
Not a principled man
Another former McCain supporter turns on him. "Citizen McCain" author Elizabeth Drew writes "How John McCain Lost Me":
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4 comments:
If truth were an issue....Obama would lose. His lies are legendary and growing.....I guess, for liberals...ignorance is blisss.
TO LISTEN to Sen. Barack Obama, Sen. John McCain is a Johnny-come-lately to the cause of regulating financial markets. “He has consistently opposed the sorts of common-sense regulations that might have lessened the current crisis,” Mr. Obama said in New Mexico yesterday. “When I was warning about the danger ahead on Wall Street months ago because of the lack of oversight, Senator McCain was telling the Wall Street Journal — and I quote — ‘I’m always for less regulation.’ ”
But the full quotation from Mr. McCain’s March interview with the Journal’s editorial board belies Mr. Obama’s one-sided rendition. The Republican candidate went on to say, “But I am aware of the view that there is a need for government oversight. I think we found this in the subprime lending crisis — that there are people that game the system and if not outright broke the law, they certainly engaged in unethical conduct which made this problem worse. So I do believe that there is role for oversight.” …
In 2006, he pushed for stronger regulation of Fannie Mae and Freddie Mac — while Mr. Obama was notably silent. “If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole,” Mr. McCain warned at the time
Now time to look at his top two advisors and their connection to the Fannie Mae and Freddie Mac collapse. THEY lined their pockets will to the tune of millions and Obama was the 2nd largest recipient in the Senate.
Just who is the LIAR here....but with Biden making you more patriotic by the day...it doesn't matter....
Washington Post calls Obama a liar.
'Always for Less Regulation'?
John McCain's record on Wall Street oversight gets some misleading spin from Barack Obama. September 19, 2008
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/18/AR2008091803159.html
But the full quotation from Mr. McCain's March interview with the Journal's editorial board BELIES Mr. Obama's one-sided rendition.
a FULL reading of the article is worth doing if someone wants FACTS. If someone wants rhetoric and lies,.....continue listening to Obama and the Daily KOW (COW---POS)
More Obama cover up deceit as we go tactics.....
Franklin Delano Raines (born January 14, 1949 in Seattle, Washington) is the former chairman and chief executive officer of Fannie Mae who served as White House budget director under President Bill Clinton. He is currently employed by Barack Obama's Presidential Campaign as an economic adviser.
Civil charges were filed against Raines and two other former executives by the OFHEO in which the OFHEO sought $110 million in penalties and $115 million in returned bonuses from the three accused.[5] On April 18, 2008, the government announced a settlement with Raines together with J. Timothy Howard, Fannie's former chief financial officer, and Leanne G. Spencer, Fannie's former controller. The three executives agreed to pay fines totaling about $3 million, which will be paid by Fannie's insurance policies. Raines also agreed to donate the proceeds from the sale of $1.8 million of his Fannie stock and to give up stock options. The stock options however have no value. Raines also gave up an estimated $5.3 million of "other benefits" said to be related to his pension and forgone bonuses.[6]
An editorial in The Wall Street Journal called it a "paltry settlement" which allowed Raines and the other two executives to "keep the bulk of their riches." [7] In 2003 alone, Raines's compensation was over $20 million.[3]
In June 2008 Wall Street Journal reported that Franklin Raines was one of several politicians who received below market rates loans at Countrywide Financial because the corporation considered the officeholders "FOA's"--"Friends of Angelo" (Countrywide Chief Executive Angelo Mozilo). He received loans for over $3 million while CEO of Fannie Mae. [5] Franklin Raines is currently one of Barack Obama's chief economic advisers.
The campaign puts out a statement from former Fannie Mae chief Franklin Raines, disowning ties to Obama, after a McCain ad attacked him for the ties.
The Washington Post reported -- with the kind of blind sourcing that suggests the source was Raines -- that Raines had "taken calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."
Raines said in the statement through the campaign, "I am not an advisor to Barack Obama, nor have I provided his campaign with advice on housing or economic matters."
Obama spokesman Bill Burton added an attack:
This is another flat-out lie from a dishonorable campaign that is increasingly incapable of telling the truth. Frank Raines has never advised Senator Obama about anything -- ever. And by the way, someone whose campaign manager and top advisor worked and lobbied for Fannie Mae and Freddie Mac shouldn't be throwing stones from his seven glass houses.
UPDATE: McCain spokesman Brian Rogers notes that Obama didn't contradict the claim when it first
www.politico.com
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