Applesauce
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a litttle salty on some of the sites to which this blog links. So, don’t say you weren’t warned. By the way, this blog’s name is inspired by the Will Rogers quote, “All politics is applesauce.”

Posts filed under 'Phil Gramm'

Lehman Bros. reduced to selling its stock out of the trunk of some guy’s car; China might buy

1 comment September 12th, 2008

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Let’s face it. By the end of the Bush presidency, China will have acquired everything in this country that other foreign investors haven’t already snatched up.

Today, it MIGHT BE be Lehman Bros. Tomorrow, who knows?

Lehman’s problem is that it’s caught up in the FINANCIAL MESS that Phil Gramm, John McCain’s economic guru, helped create.

Oh, great! Another bunch of whiners!

8 comments July 19th, 2008

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I thought Phil Gramm made it clear that THIS KIND OF STUFF is all in people’s heads.

What? Me whine? I’m chuckling: Phil Gramm’s Swiss bank has lost $38 billion in the credit crunch

7 comments July 11th, 2008

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THIS is too, too delicious.

But, hey! Phil Gramm is an economic genius.  John McCain told me so.

This is funny — and cogent, too

1 comment July 10th, 2008

[kml_flashembed movie="http://www.youtube.com/v/1XlsZznzb5E" width="425" height="350" wmode="transparent" /]

We’re a nation of whiners and mental cases

20 comments July 10th, 2008

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It’s about time that somebody spoke the truth about all this crybaby stuff concerning the economy. And who better to do it than Phil Gramm (above, left), vice chairman of a giant Swiss bank and top economic adviser to John McCain?

You remember Phil Gramm, don’t you? He’s a former U.S. senator from Texas, in which capacity he sponsored a nifty little piece of legislation eight years ago to “protect financial institutions from overregulation.” Granted, some folks SAY the measure helped bring on the subprime mortgage crisis, but what do they know?

True to his Texas roots, Gramm is a straight-shooter who says what he means and means what he says. For example, just the other day he SAID that America has become a “nation of whiners” with all their complaints about the soft economy.

The economy’s just dandy, he said, and any notions to the contrary are purely “mental.”

Not surprisingly, there’s talk that Gramm would be appointed treasury secretary in a McCain administration.

Well, that settles it. I know who I’m voting for. Yes, sir, I know for sure. 

UPDATE: The McCain camp initially STOOD BEHIND Gramm’s remarks this morning but then backed away.


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