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Home > Forum Community > Member Discussions > Current Events   »   So how is the economy?

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Old Oct 21, 2008, 02:39 PM
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So how is the economy?

McCain was lambasted, lampooned and harpooned over saying the fundamentals of the economy were strong. Looks like Barney Frank agrees with him.

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Barney Frank: 'The Fundamentals Are Better Than the Psychology'
Photo of Mark Finkelstein.
By Mark Finkelstein (Bio | Archive)
October 20, 2008 - 20:25 ET

Shades of McCain from an unlikely corner . . .

When at the beginning of the current financial mess John McCain declared that "the fundamentals of the economy are strong," he was roundly lambasted by the MSM, while the Obama campaign called his statement "an enormous mistake."

So, should we expect the liberal media and the Obama campaign to go after Barney Frank . . . now that he has said something remarkably similar? Discussing the markets with Maria Bartiromo on CNBC this afternoon, Frank declared: "I think it's clear that the fundamentals are better than the psychology."

View video here.

While he was at it, Frank echoed McCain on another important issue. Like the Republican candidate, the Dem chairman of the House Financial Services Committee indicated it would be a mistake in the current economic climate to raise taxes on the richest Americans, as Obama has proposed.
MARIA BARTIROMO: So you agree: taxes should go up, then, on the top earners, even in this slow environment.

BARNEY FRANK: No. Not right away. I want to wait a year.

BARTIROMO: Will you ask [Obama] to push the plan back then? Because he wants to raise taxes as soon as he gets in office, correct?

FRANK: Well, I do not think he has said recently he's going to do it as soon as he gets in office.
Really? When Obama told Joe the Plumber he wants to "spread the wealth around," there was nothing to indicate he meant later, not now. The official Obama website similarly suggests nothing about a delay:
Obama will ask the wealthiest 2% of families to give back a portion of the tax cuts they have received over the past eight years to ensure we are restoring fairness and returning to fiscal responsibility.
Obama might have Colin Powell, but McCain has Frank! To be sure, the Dem congressman expressed formal support for Obama, but on the big economic issues of the day, Barney was singing John's song.
Barney agrees with McCain on the economy, Biden agrees that McCain is more qualified to be president, just who is on Obama's side in his own party? And why is Newsbusters the only one reporting this? A Google News search just now yielded one hit, Newsbusters.

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Old Oct 25, 2008, 05:17 AM   #31  
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Originally Posted by BABRAM View Post
Steve, Gwen Ifil did a excellent job as moderator by most news commentators and campaigners accounts, both Republican and Democrat.
I said she did a fine job more than once, but again you miss, or rather ignore, the point.

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Fifth graders can come up with better excuses than you.
And again you're back to insults to make your case.

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John McCain didn't win one debate out of three opportunities. Not one! When the maverick in that last debate chose to spend a fair portion of allotted time on "Joe the Plumber" (which turned out to be poor example) rather than just answer the questions, it's his own mistake.
His own mistake? LOL, I guess you missed this post.

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The "you people" didn't tell Joe not to pay his taxes, nor did we advise McCain to use him as an example on live national television. Next time you're in front of judge try screaming "I've been crucified," and see how that works out for you.
I'm sure if you really focus you can understand the simple point I made. Joe the Plumber didn't do anything to deserve the bashing he received.
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Old Oct 27, 2008, 05:25 PM   #32  
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Originally Posted by speechlesstx View Post

I'm sure if you really focus you can understand the simple point I made. Joe the Plumber didn't do anything to deserve the bashing he received.

Joe "the shade tree unlicensed plumber," didn't tell McCain to make him the focus. Granted on the surface Joe's no more bent than most Americans. However his profile didn't bring anything relative to the public attention or help McCain in the debate one iota. BTW as a registered Independent I was more than satisfied when I early voted for Barack Obama last Wednesday. McCain himself, and his campaign, has been a mistake making machine for months on in. Quite frankly I could go over a list of things the Republicans could had done to improve their stock from early on, but since Dubya's all but screwed our country I'd rather let them stew. The "George W. Bush" and "John S. McCain" Republicans are so polar opposite from the integrity of the Ronald Reagan Republicans that I have absolutely no interest or desire in helping the Grand Old Party (whoop-tee-do and fizzle).
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