All Posts Tagged With: "Bailout"

McCain Sitting In “Catbird” Seat

McCain can emerge “the reigning expert on bailouts, then can take the tax issue to Obama…”

Sixty-three percent of voters worry Congress was about to botch the rescue of the country’s troubled financial markets, according to a new Rasmussen Reports national poll. Dick Morris thinks that makes John McCain’s move brilliant and makes him the main man who will dictate the shape of the final package. The biggest reason, and what has Democrats do damned mad now is they know how unpopular the bailout is so they are not about to pass anything without broad Republican support, and Republicans will look to their standard bearer for his nod or it is a “no-go.”

Only 30% of U.S. voters think the federal government should step in to rescue the country’s troubled financial markets. Half (50%) say let the companies  who got themselves into the mess go bankrupt.

The deal Democrats were about to OK and Bush says he’d support was a real stinker and voters sensed it. McCain now stands at the very center of an emerging compromise. By Monday, at the latest, the Democrats will cave in and pass the McCain-Republican version and McCain will emerge once more a national hero and flagellates Obama too.

Dick Morris says McCain emerges “the reigning expert on bailouts, then can take the tax issue to Obama, saying that a tax increase, such as the Democrat is pushing, would destroy the bailout, ruin the economy, and trigger a collapse.” McCain has an enormouse advantage that he should start to  exploit at tonight’s debates saying — the deal was bad for America, and I knew it and went to Washington to do my job; stop it and built a beter mousetrap, and I’m flying back tonight to do that.

Voters In Foul Mood Over Wall Street Greed; Say Only McCain or Biden Ready For White House

Little Confidence Either Candidate Will Fix Wall Street Mess; 65% Say Let It Fail

Just 24% say it’s Very Likely that Barack Obama will bring the kind of change that is needed to Wall Street. Another 29% say he is Somewhat Likely to accomplish that goal while 42% say he is not likely to do so.

For McCain, the numbers are similar. Just 25% say he is Very Likely to bring about the needed Wall Street reforms if elected. Another 25% say he is Somewhat Likely to do so while 44% say such accomplishments are not likely in a McCain administration.

Only seven percent (7%) of voters think the federal government should use taxpayer funds to keep a large financial institution solvent. Sixty-five percent (65%) say let the company file for bankruptcy.

Sixty-three percent (63%) of voters say John McCain is prepared right now to be president, and 50% say the same thing about Democratic vice presidential candidate Joseph Biden. Just 44% say  Barack Obama, is ready, but 45% say he isn’t. Just 26% say McCain is not ready, and 34% feel that way about Biden. Fifty-two percent say Alaska Governor Sarah Palin, is not prepared to be president, but 33% disagree.

McCain has lost his 3% lead and the race is tied at 48% each, McCain now leads in states with 200 Electoral College votes while Obama is ahead in states with 193 Electoral College votes. When “leaners” are included, it’s Obama 259, McCain 247.

Fannie Mae and Freddie Mac Gave Jesse Jackson Tens of Thousand at Same time as Grabing TAXPAPYER BAILOUT

Legal extortion?Campaign Launched to Expose and Stop Those Who Finance Jackson Lavish Living.

At the same time Fannie Mae and Freddie Mac were melting down earlier this month they were shoveling tens of thousands of dollars to Jesse Jackson. They are not alone but their largess is a scandal for what is defacto two concerns that depend on taxpayer money to bail out their profligacy. The fact that Anheuser-Busch, Bank of America, Boeing, Citigroup, Coca-Cola, Comcast, Ford, General Motors, Goldman Sachs, GE, PepsiCo, and Shell. fork over hundreds of thousands rather than risk a shakedown by the notorious race baiter is something for their shareholders to stop. Taxpayers and shareholders should scream and stop their wallets from being pilfered. It has worked in the past; i.e., in 2005 the NYSE had ended support of Jackson’s groups as a result of such protests.

Jackson is in the spotlight for saying he wanted to cut Barack Obama’s N***S off, and using the “N” work in the same context. “Rev” Jesse Jackson is notorius for playing the emperor of “racial justice” that supports his lavish and often questionable lifestyle and using his “constitutency” to act against those who do not “play ball” with him.

The National Legal and Policy Center has launched a campaign to expose Jackson supporters and dry up stock holder and taxpayer money.

Most Say “No” To Borrower’s Bailout

Fifty-three percent (53%) of Americans say that the federal government should not help out homeowners who borrowed more than they could afford – 29% disagree; 17% are not sure. The Bush administration is finalizing details of a plan to rescue thousands of homeowners at risk of foreclosure by helping them refinance into more affordable mortgages backed by public funds, government officials said.

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