8 Comments Add your own

• 1. Ben  |  September 16th, 2008 at 11:56 am

  So, Pat, what do you think? You Tube I can find online. Your thoughts I can\’t seem to find. Do you think the commercial will bring any extra votes to Obama? Is this a copout since all Obama does is say McCain doesn\’t get it, but Obama doesn\’t say what he would do.

• 2. Pat Cunningham  |  September 16th, 2008 at 12:09 pm

  OK, Ben: I find myself generally in agreement with Obama’s plan for the economy, which is detailed here:
  http://www.barackobama.com/issues/economy/#jumpstart

  Obama has, in fact, addressed certain aspects of his economic plan in his speeches. No candidate, however, can go into all the details in stump speeches.

  By the way, here’s McCain’s plan:

  http://www.johnmccain.com/Issues/jobsforamerica/

• 3. DingDong  |  September 16th, 2008 at 2:16 pm

  I started thinking about the stock market woes. What did President Reagan do when the stock market fell in 87. Not much and that what we should do now.

• 4. Pat Cunningham  |  September 16th, 2008 at 2:41 pm

  DingDong: The two situations are not analagous. This isn’t just some big hitch in the stock market. This is what Alan Greenspan calls a “once-in-century” financial crisis. The whole U.S. financial system is at risk. Some very big companies are collapsing or teetering on the brink. The housing crisis is deepening. The credit crunch threatens to bring on a deep recession. The effects are global. We might get a handle on the situation and avert disaster. but we might not. I don’t think the answer is to do nothing, and I haven’t heard any experts recommending that strategy. Correct me if I’m wrong on that last point.

• 5. gowader  |  September 16th, 2008 at 4:10 pm

  Help Help the sky is falling. Only Obama can catch it.

• 6. DingDong  |  September 16th, 2008 at 4:55 pm

  Black Monday was a global crash of the Markets. Alan Greenspan was the one who kept lowing rates and encouraging more relaxed lending requirements. He also encouraged deregulation of banks. What I want to see is some of these guys who ran the brokerage and Freddie and Fannie going to jail and their assets seized. But to throw good money after bad is the wrong idea. The experts are the same ones who made the recommendations that got us into this mess. Also, people who knowingly got themselves into mortgages they could not afford should be held responsible and learn a tough lesson. Let the free markets work.

• 7. Billybeermonicagar  |  September 16th, 2008 at 9:54 pm

  I can’t get past the first point of the Obama plan–Windfall Profits Tax on the oil companies. In 2006 EXXON paid 27.9 BILLION in taxes. That is more than was collected from half of individual tax payers in 2004. Their profit margin was 10% in 2007. GE had a profit margin of 10.3%. Lets tax them on ‘windfall profits’ also. And while we are at it why not hit Oprah, Tiger, Mel Gibson and Angelina Jolie for a few extra bucks when they make ‘windfall’ profits. Does Oprah really need to make 100-200 million per year?

• 8. Craig Knauss  |  September 17th, 2008 at 8:58 am

  And just what is McCain’s economic plan? Has anybody heard it? Or is he just going to replay Reaganomics?

  The fact that McCain made a total reversal in 24 hours shows he didn’t have a clue about the economy. I really wish he did have a clue, because there’s always a chance he could get elected. And we certainly don’t need four more years of stupidity in the White House.

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