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http://boztopia.com/?p=356http://boztopia.com/?p=356#comments “You will go down as the greatest chairman in the history of the Federal Reserve Bank,” declared Senator Phil Gramm , the Texas Republican who was chairman of the Senate Banking Committee when Mr. Greenspan appeared there in February 1999. “He had a way of speaking that made you think he knew exactly what he was talking about at all times,”...
This is very interesting. Bill Clinton is essentially disputing Barack Obama's rationale for what caused the economic crisis. Of course, Obama manufactured this rationale as an indictment of Phil Gramm.As the WSJ...
One of McCain’s closest friends and advisers, Phil Gramm, who wrote McCain’s economic plan and who McCain said he relies on to understand the economy, didn’t believe the current crisis was possible. Actually True. Gramm said that “This is [only] a mental recession…We sort of become a nation of whiners,” just a few months ago. But [...]
There seems to be an unspoken rule in politics that the Republicans have broken at least a couple of times over the course of the Bush Administration - don’t create precedents and new powers that you don’t want used against you when you next fall out of power . The failed idea of a permanent GOP majority was probably the reason for the Republicans’ crossing of this particular line, but nonetheless...
By J. Thomas Duffy News Item: McCain Calls for Debate Delay to Focus on Financial Crisis 10. Practice sending emails and using The Google 9. Teach Sarah Palin something ... Anything! 8. Work on his Electric Car Battery 7. Write up some new POW-POW-POW excuses 6. Call Phil Gramm back, for advice, and promise, on this call, he'll stop whining 5. No speeches ... No dinners ... No appearances ...Campaign...
August sales: Funny, it sure looks like a recession Losers outnumber winners by nearly five to one. Of course, the TV talking heads disagree, and former Republican senator Phil Gramm says it's only in our minds, but the all-too-real auto sales numbers for August speak loud and clear. And they say, "It's a recession, stupid!" Photo Gallery: August sales: Funny, it sure looks like a recession - Sales...
In Republican circles it is now Obama’s fault for the legislation that Phil Gramm and John McCain voted for to derail any regulation in the financial markets. How is that logical? Has Michael Reagan been hitting the crack pipe to often or what? There is not one person more liable for this collapse than John McCain who fought hard for deregulation in every concept of the American economy! It's his freaking...
BO V/O: I’m Barack Obama and I approve this message. V/O: John McCain admits he doesn’t understand the economy So who advises him? Carly Fiorina, the fired CEO who got a $42 million golden parachute. Phil Gramm, the ex-Senator who pushed through deregulation, and called Americans hurt by this economy "whiners." Then there’s George Bush, whose disastrous policies McCain wants to continue. They think...
In this (my blog) I lay down much of the ground work into what happened with some dud banks going bankrupt recently. I also read that Phil Gramm who is McCain’s republican economic adviser ‘helped’ Gramm slipped in a 262-page measure called the Commodity Futures Modernization Act Which “protect financial institutions from overregulation” And that circles the square. [...]
Obama delivers the best line of the campaign today: And he's finally talking about Phil Gramm , the man who gave us the mortgage crisis. Phil Gramm cost American taxpayers $85,000,000,000 today. He's John McCain's chief economic adviser. This country cannot afford any more Republican steal from the poor, give to the rich country club economics. Yes! We! Can! hat tip to JedReport for the video. Jed...
By: SilentPatriot on Wednesday, September 17th, 2008 from CrooksandLiars Barack Obama today continued his assault on John McCain’s empty response to the monumental collapse of Wall Street. From Phil Gramm and the bevy of lobbyists running his campaign, to the pass-the-buck “solution” of forming a committee, to his failure to take action over the past 26 years, Obama lays out the clear contrast between...
By GottaLaff Commenter Noodles asks, Commenter Noodles gets, because Commenter Noodles rocks: Ron Paul asks John McCain a question that reveals Mccain may not know much about the economy. McCain would rely on Phil Gramm for his economic policy . That's all anyone needs to know.
Speaking with my good friend the Thane of Fascistan the other day, I noted that Phil Gramm's comments on us being "whiners" were like a bunch of thugs beating the crap out of you in an alley then telling you to quit crying. That's pretty much Republican ideology these days anyway, that's pretty much what conservatism is, as I see it: You're On Your Own. Tomorrow, I get to go to the food