[Bill,
September 18, 2008]
Candidates response, in a sense, to the economic news
Here is a summary of the candidates' response to the economic news this week:
Obama: We’re in this mess because the fundamentals are bad, and the fundamentals are bad because the Republicans have been ignoring ordinary working people and their needs. Most of what I think we should do is not particularly germane, and what is germane I don’t want to explain in too much detail because I’m worried I might get it wrong. I’m sticking to my platform.
McCain: We’re in this mess because a bunch of Wall Street hot shots got us into it, but they won’t dare to pull that stuff when I’m in the White House, because I survived five years in a POW camp. Do I look like the kind of guy who hangs around with a bunch of Wall Street sissies who buy their shirts at Thomas Pink? Not on your tintype girlie-girl.
Biden: I’ve been in the Senate forever, and I proposed a whole bunch of bills to deal with this problem – in fact, I’ve proposed bills to deal with just about any problem – but nobody will listen to me, particularly not John McCain. I hate it when people don’t listen to me.
Palin: I’m pretty sure John said he was against the bailout yesterday, but today he said he supported it. So I guess this is one of those times when you have to support something that you don’t basically feel good about because there’s no real alternative. That sounds about right.
Of course, neither regulatory package went anywhere, and I think people were too fixated on Enron thought SOX would fix everything.
The next thing I want to know: Who the fuck is Standard &Poors and who regulates them?. I think there's a big ole' stinking cesspool there if anybody has the guts to lift the lid on that.