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Old September 18th, 2008, 09:17 AM   #1
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Irony at it's finest

Yesterday McCain and Palin were in my home town. One of things he said is:



"We are going to fight the greed and irresponsibility on Wall Street," McCain said in Lake Orion. In a statement released later, McCain added: "These actions stem from failed regulation, reckless management, and a casino culture on Wall Street. ... We need strong and effective regulation, a return to job-creating growth and a restoration of ethics and the social contract between businesses and America."



McCain in Grand Rapids: Give the automakers loans | Freep.com | Detroit Free Press



Interesting, don't you think, since he and his buddy Phil Gramm were instrumental in the deregulating?



"A decade ago, Sen. John McCain embraced legislation to broadly deregulate the banking and insurance industries, helping to sweep aside a thicket of rules established over decades in favor of a less restricted financial marketplace that proponents said would result in greater economic growth. "



washingtonpost.com
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Old September 18th, 2008, 09:21 AM   #2
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What the fuck does an iron have to do with this?
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Old September 18th, 2008, 09:22 AM   #3
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Quote:
Originally Posted by pensacola_niceman
What the fuck does an iron have to do with this?




Wall Street was trying to turn it into gold.
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Old September 18th, 2008, 09:24 AM   #4
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Quote:
Originally Posted by pensacola_niceman
What the fuck does an iron have to do with this?
She's looking for places to point fingers at anything that may improve her chances of agreement by a few that will listen in on her personal choices.
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Old September 18th, 2008, 09:27 AM   #5
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Quote:
Originally Posted by winston53660
Wall Street was trying to turn it into gold.
I don't think one can use creative accounting paper/wood pulp and make it into gold? I do not recall that in any combination anyhow in chemistry. Correct me if I am in error.



Hunt Silver?
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Old September 18th, 2008, 09:37 AM   #6
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Originally Posted by Rod
I don't think one can use creative accounting paper/wood pulp and make it into gold? I do not recall that in any combination anyhow in chemistry. Correct me if I am in error.



Hunt Silver?




LOL the old Hunt mansion on White Rock lake is on the market now.
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Old September 18th, 2008, 09:46 AM   #7
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Quote:
Originally Posted by Rod
She's looking for places to point fingers at anything that may improve her chances of agreement by a few that will listen in on her personal choices.


I really think you people have a problem with reading comprehension.



Look again. I'm not asking to point fingers at where the problem with Wall Street lies, I'm asking you to see how McCain flip flops any which way the wind blows.
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Old September 18th, 2008, 09:57 AM   #8
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Quote:
Originally Posted by knot_e_lady
I really think you people have a problem with reading comprehension.



Look again. I'm not asking to point fingers at where the problem with Wall Street lies, I'm asking you to see how McCain flip flops any which way the wind blows.


In all fairness, he's hardly the only politician to do so. Obama's got more than a few pair of beach shoes in his closet, too.



It's almost funny how quickly politicians will throw their erstwhile partners out of bed when there's a chance to score some points with the voters by saying "No, I'm against it!"... providing that the American sheep don't bother to look too deeply into past actions and history.
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Old September 18th, 2008, 10:22 AM   #9
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Quote:
Originally Posted by knot_e_lady
I really think you people have a problem with reading comprehension.



Look again. I'm not asking to point fingers at where the problem with Wall Street lies, I'm asking you to see how McCain flip flops any which way the wind blows.
You fail to mention he called for regulations in 2005. Bush called for them in 2003. All politicians flip flop. They are not prophets of the future they depend on what the experts tell them whether that is now or ten years ago they were all being fed a line of crap that was helped along by the Clinton administration and Sach's Goldman.
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