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Tuesday, September 16, 2008

What He Said

posted by on September 16 at 11:54 AM

If McCain—who really has disdain for financial market regulation—cannot be defeated by this man, the country is too stupid to succeed.

More at Washington Monthly:

Perhaps most importantly, Obama contrasted his specific record with McCain’s: “In February of 2006, I introduced legislation to stop mortgage transactions that promoted fraud, risk or abuse. A year later, before the crisis hit, I warned Secretary Paulson and Chairman Bernanke about the risks of mounting foreclosures and urged them to bring together all the stakeholders to find solutions to the subprime mortgage meltdown. Senator McCain did nothing. Last September, I stood up at NASDAQ and said it’s time to realize that we are in this together — that there is no dividing line between Wall Street and Main Street — and warned of a growing loss of trust in our capital markets. Months later, Senator McCain told a newspaper that he’d love to give them a solution to the mortgage crisis, ‘but’ — he said — ‘I don’t know one.’ […]

“This March, in the wake of the Bear Stearns bailout, I called for a new, 21st century regulatory framework to restore accountability, transparency, and trust in our financial markets. Just a few weeks earlier, Senator McCain made it clear where he stands: ‘I’m always for less regulation,’ he said, and referred to himself as ‘fundamentally a deregulator.’ This is what happens when you confuse the free market with a free license to let special interests take whatever they can get, however they can get it.”

RSS icon Comments


Everything he said is spot on.

Fuck. Fuck. Fuck. If this man doesn't win, I'm going to enter some kind of tailspin of depression and hatred for my fellow man.

Posted by Julie in Chicago | September 16, 2008 12:02 PM

Agreed. He's exactly right. This election should show us whether that counts for anything.

Posted by flamingbanjo | September 16, 2008 12:06 PM

Awesome. Now let's ask Sarah Palin the tough questions:

1. Where did Dinosaurs come from?

2. If your husband raped your daughter and got her pregnant, would you want her to have the child?

Posted by Raven | September 16, 2008 12:21 PM

Raven for VP debate moderator!!!

Posted by Levislade | September 16, 2008 12:22 PM

It really does come down to do you want America to fail with a white man, or succeed because of a black man.

If I hear one more motherfucker say, "But what do we really know about Obama?", I will lose it.


Posted by Mike in MO | September 16, 2008 12:27 PM

Its amazing how when Obama talks about market regulations he actually makes, y'know, coherent statements which contain policy arguments. All I ever hear from McCain is, "wall street fat-cats are bad, mmm-kay, the american people are hurting..."

If the American people can't see the difference then they deserve Mccain

Posted by mnm | September 16, 2008 12:30 PM

I'm going to the Netherlands next month for vacation. If we don't win in November, I might be going back. Anyone want to start a new expatriate movement with me?

Posted by Jerod | September 16, 2008 12:38 PM

I've never been so excited about an Obama speech as he was giving it. McCain stumbles and fumbles when he's talking about this stuff. If Barack doesn't win it will say volumes about this country and the rest of the world will view us as hypocrites who have no right to tell them right and wrong because we elected another neocon.

Posted by hillcountry | September 16, 2008 12:43 PM

Why did my mother have to become a citizen? If she hadn't, I could move to frickin' Denmark.

Oh well.

Posted by keshmeshi | September 16, 2008 12:44 PM

i respect the feelings of wanting to leave the country if mccain wins, but seriously guys, the election hasn't happened yet. relax a little. keep your chin up.
obama is clearly the better candidate. that has to count for something.

Posted by douglas | September 16, 2008 12:54 PM

Being the smartest guy on the ballot is not the way to win these days (if it ever was). Being the most appealing guy is the key. Americans don't like someone who makes them feel "dumb", i.e. someone smarter and more eloquent than them.

Posted by Tiktok | September 16, 2008 1:25 PM

obama is clearly the better candidate. that has to count for something

That should count for everything. But we live in America; that counts for nothing.

Posted by Mike in MO | September 16, 2008 1:34 PM

This isn't a presidential election, it's a referendum on the Stupids. And there's a lot of them.

So, everyone, let's get off our asses, take our our wallets, get on the phones, do what it takes to overcome the Stupids. It's not enough to know he should win, to want him to win. We have to work. Every thinking, caring, intelligent person. Do something. Now.

If you want to start, there's gonna be a rally next Wednesday the 24th at Westlake, while Palin is on the Eastside at some local fundraiser raking in the cash...

Posted by Obama or Canada | September 16, 2008 1:50 PM

Obama stood up at NASCAR? well, that changes everything. i thought he was a muslim communist, but now that black boy gets mah vote!

Posted by the average white american | September 16, 2008 1:51 PM

At the end when he said "What we need is leadership. I'll provide it, John McCain won't." My mind took a right turn and imagined him saying "...and that's the bottom line, 'cause Stone Cold said so."

Posted by Mike of Renton | September 16, 2008 2:11 PM

I love how it comes down to 'if you're with us you're smart and if you're against us you're stupid.' Winning the hearts and minds of the electorate at The Stranger.

It really speaks to the patriotism and the belief in democracy working that people are threatening to leave the country if Obama isn't elected. The rub on that entire situation is that you'd probably make the country you're moving to worse and hand America over to people who will definitely piss you off again and again and again.

Posted by Bellevue Ave | September 16, 2008 2:29 PM

Its been obvious for years that the country is too stupid to succeed, as it drifts from 1st-world status towards... whatever...

@11 Exactly, and that's why Bush's public persona has been so very very very carefully crafted and scripted over the years. Joe Sixpack and Mrs. Sixpack want to vote for someone they'd like to have over for a backyard barbecue, and boy that is NOT Obama on so many levels.

Posted by MarkyMark | September 16, 2008 7:46 PM

if McCain wins, that movie "Idiocracy" shall henceforth be referred to as "The Prophecy".

Posted by Raven | September 16, 2008 8:27 PM

I just finished "The Wrecking Crew," and was dreaming, hoping, that somehow that book would find its way into Obama or Axelrod's hands. Looks like it might've.

Posted by demolator | September 16, 2008 9:45 PM

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