This is great!

I knew this dumb old man would start to looking even more goofy when he actually had to come up with a plan for something other than his insane rantings about 100 more years in Iraq and Bomb Bomb Iran:

Hey Wingnuts, here's your nominee displaying his brilliant knowledge of the US economy for all the world to see:
http://www.youtube.com/watch?v=Tu-tg1kQ8dk

"AT&T FORMER CEO SPEAKS"

ZERO PERCENT MORTGAGES, YEA, THAT'S WHAT WE NEED.

ZERO PERCENT "INVESTMENTS" THAT'S WHAT THE ECONOMY NEEDS.

YES, OH YES, WE WILL DO IT JUST LIKE WE DID "MCI" WORLD COM"

YES, OH YES, JOHN JOHN, THAT'S EVEN BETTER THAN BUSH ECONOMICS. THAT'S A BERNZY/STERNZY IF I EVER HEARD OF ONE.

BUT WHAT ABOUT THE "TREASURY DEPARTMENT"

DON'T WORRY THAT WILL BE "CONSOLIDATED" UNDER MY NEW HOMELAND SECURITY DEPARTMENT. NOT TOO WORRY, JUST DO IT.

OH GOODIE, A NEW POLICY A ZERO PERCENT INTEREST, THAT WILL DEFINITELY "STRENGHTHEN" OUR ALMIGHTY DOLLAR.

YOU DID A HECKUVA JOB MATHEW, YOU DID A HECKUVA JOB OVER THE PAST YEARS JUST LIKE WHEN YOU WERE WITH AT&T.

THIS WAS VICKI'S IDEA, WAY BACK IN A DAY WHILE I WAS THE CHAIRMAN.

ZERO PERCENT! NOW THAT'S GREAT "SURGE" ECONOMICS CLASS EVERY TELECOMMUNICATION CEO SHOULD TAKE. THANK YOU MATHEW! NO THANK YOU "CHAIRMAN" I MEAN SENATOR.

I believe most Americans know what issues we face as a nation as we try to decide which candidate(s) will best resolve them. We see in John McCain’s life, past and present a devotion to serve his country. Anyone who knows Senator McCain will tell you that he has passion for what he believes in and a constant drive to serve his country to the best of his abilities with sincerity, truthfulness, and dedication.

I remember seeing John on the Forrestall the morning of the flight deck fire, he was really beat up, but after some medical treatment he was transferred to the Enterprize and joined up with an attack squadron and that same day launched off in a A6A attack aircraft to provide close ground air support for our troops in Viet Nam. That same day his aircraft was shot down and he was taken prisoner.

Most Americans are aware of the courageous service John provided as a naval aviator and POW . But few can fully appreciate how bad the egregious hospitality of the Hanoi Hilton really was .His main concerns were for other POWs’ life threatening conditions and how he could help them is spite of the injuries he had received prior to and during his confinement.
Our convictions about John's character were born in the crucible of adversity. We have witnessed his courage, integrity, character and intellect. We know and greatly respect his sense of honor and his tenacity in the face of grave danger and prolonged hardship(s). These qualities, combined with his life experiences, make John ready for the enormous challenges facing the leader of our country. No one -- no one – has a greater knowledge of what war is really like or more qualified to be president, to lead our country and protect our nation. Some pretend to know him or deride his physical short comings but do nor know his physical strengths, his love of country and his commitment to serve it. He has been severely tested, and we have witnessed him under pressure. We trust his judgment and his ability to surround himself with our countries best advisors to lead our country without the BS to lead his beloved country and countrymen.
.We could do a whole lot worse than vote for John Mc Cain as our next president of the United States for every man, woman and child in our country regardless of their political affiliation. In John’s administration there are no Democrats or Republicans only Americans.

God Speed John Mc Cain

I heard his speech. He's a fish out of water when it comes to the economy. His talk amounted to...lets talk to the lenders and see if they will be nice...and do the right thing. Yeah...thats going to work. We are in deep doo doo if this man takes office.

Hmm. On the one hand, he knows nothing about finance. On the other, I would love to refinance at 0 percent.

As for the last, it's at odds with his dislike of more regulation, which is what's needed. But, sure, part of the problem has been the nothing down aspect--if you have nothing in the house, much easier to walk away and default on the mortgage. Not as bad as the mortgages that combined that with no credit or employment check, and yet were granted for the rest of us to bail out.

I believe most Americans know what issues we face as a nation as we try to decide which candidate(s) will best resolve them. We see in John McCain’s life, past and present a devotion to serve his country. Anyone who knows Senator McCain will tell you that he has passion for what he believes in and a constant drive to serve his country to the best of his abilities with sincerity, truthfulness, and dedication.

I remember seeing John on the Forrestall the morning of the flight deck fire, he was really beat up, but after some medical treatment he was transferred to the Enterprize and joined up with an attack squadron and that same day launched off in a A6A attack aircraft to provide close ground air support for our troops in Viet Nam. That same day his aircraft was shot down and he was taken prisoner.

Most Americans are aware of the courageous service John provided as a naval aviator and POW . But few can fully appreciate how bad the egregious hospitality of the Hanoi Hilton really was .His main concerns were for other POWs’ life threatening conditions and how he could help them is spite of the injuries he had received prior to and during his confinement.
Our convictions about John's character were born in the crucible of adversity. We have witnessed his courage, integrity, character and intellect. We know and greatly respect his sense of honor and his tenacity in the face of grave danger and prolonged hardship(s). These qualities, combined with his life experiences, make John ready for the enormous challenges facing the leader of our country. No one -- no one – has a greater knowledge of what war is really like or more qualified to be president, to lead our country and protect our nation. Some pretend to know him or deride his physical short comings but do nor know his physical strengths, his love of country and his commitment to serve it. He has been severely tested, and we have witnessed him under pressure. We trust his judgment and his ability to surround himself with our countries best advisors to lead our country without the BS to lead his beloved country and countrymen.
.We could do a whole lot worse than vote for John Mc Cain as our next president of the United States for every man, woman and child in our country regardless of their political affiliation. In John’s administration there are no Democrats or Republicans only Americans.

God Speed John Mc Cain

Democrat voting for McCain in November.

Automakers had a margin of profit included in the selling price, thus were able to offer
zero percent financing.
Mortgage lenders offering zero percent mortgages is akin to automakers giving away cars for free.
McCain needs to clarify this remark, lest everyone think him an idiot.
Unless of course, he is an idiot.

.We could do a whole lot worse than vote for John Mc Cain as our next president of the United States for every man, woman and child in our country regardless of their political affiliation. In John’s administration there are no Democrats or Republicans only Americans.

God Speed John Mc Cain

Posted by: John Son | March 25, 2008 4:56 PM

How many times are you going to cut and past that sack of lies?

John McCain:
Unfit to serve as Commander-In-Chief

The spoiled son of military privilege got a free ride throughout his military career despite repeated instances of screw-ups

McCain Lost Five Military Aircraft in TRAINING!

McCain, the "below par" pilot, eventually lost 5 military aircraft, the first during a training flight in 1958 when he plunged into Corpus Christi Bay while trying to land. The Navy ignored the crash and graduated McCain in 1960.

While deployed in the Mediterranean, the hard partying McCain lost a second aircraft. Timberg described the crash: "Flying too low over the Iberian Peninsula, he took out some power lines which led to a spate of newspaper stories in which he was predictably identified as the son of an admiral."

Unscathed, McCain returned to Pensacola Station where he was promoted to flight instructor for Naval Air Station Meridian in Mississippi. The airfield at Meridian, McCain Field, was named in honor of McCain's grandfather.

In 1964 McCain became involved with Carol Shepp, a model from Philadelphia, Pennsylvania, he had met at Annapolis. They were married in Philadelphia on July 3, 1965.

Flight instructor McCain lost a third aircraft while flying a Navy trainer solo to Philadelphia for an Army-Navy football game. Timberg wrote that McCain radioed, "I've got a flameout" before ejecting at one thousand feet. McCain parachuted onto a beach moments before his plane slammed into a clump of trees.

The Navy dismissed the crash as "unavoidable" and assigned McCain to the aircraft carrier USS Forrestal in December 1966, which was patrolling the Mediterranean Sea and Atlantic Ocean. In Spring 1967, the Forrestal was assigned to join the Operation Rolling Thunder bombing campaign against North Vietnam.

McCain lost his fourth plane on board the Forrestal on July 29, 1967 when a rocket inadvertently slammed into his bomb laden jet. McCain escaped, but the explosions that followed killed 134 sailors. McCain was transferred from the badly damaged Forrestal to the USS Oriskany. Shortly afterwards, on Oct. 26, 1967, he was shot down and captured by the Vietnamese.

Post-POW Years: Political Ambition and a New, Young, Rich Wife

http://www.usvetdsp.com/jan08/mccain_military_record.htm

Frank James manages to connect John McCain and Sharia (Muslim) Law in the same article.

It's disgusting to use both in the same article. And it's not even a good comparison, since Sharia Law is imposed on banks, whereas McCain's proposal calls for voluntary action by banks. A big difference, one that Fidel Castro or Frank James might not be able to understand, but most of the rest of us do.

Posted by: John Son | March 25, 2008 4:56 PM

It doesn't matter how many times you repeat that story, it doesn't make theis proposal by McCain any less stupid and misguided.

Some one also needs to tell McCain that the auto makers didn't offer zero percent financing as a patriotic act to prop up the post 9/11 economy, they did it to sell their cars that were cluttering up dealership lots.

Darned Socialist Republicans.

It's disgusting to use both in the same article. And it's not even a good comparison, since Sharia Law is imposed on banks, whereas McCain's proposal calls for voluntary action by banks. A big difference, one that Fidel Castro or Frank James might not be able to understand, but most of the rest of us do.

Posted by: Another Democrt voting for McCain | March 25, 2008 5:46 PM

Another Dem voting for McCain....Fidel Castro....yeah right, except that your insane ranting and rambling post exposes you for the Wingnut that you really are.

Nice try, Chief!!!

John Son,
I agree with you completely
about McCain's character.
It was very troublesome to see his character assailed by so many members of the Republican establishment before it was clear that he would be the nominee.
I read several pieces posted on Townhall that asserted McCain collaborated with his North Vietnamese captors, used his fathers rank in the Navy to garner special treatment, etc. while held captive.
There were some truly disgusting, deplorable things written about him.
I don't think McCain is an idiot - far from it.
What concerns me about him is his propensity to misspeak as he did today, and then fall back on the
"shucks, I said the wrong thing" defense.
It's not something that a seasoned politician should rely on as often as he does. He leaves himself vulnerable to questions about his age and mental capacity.
I genuinely like and admire McCain.
It's his party - the Republican stooges that would come along for the ride with him - that prevents me from ever pulling a lever for him.

You have to love a politician who admits to little understanding of private business yet can come up with easy to understand solutions. The solutions never work but I'm sure they mean well.
I'm sure Mac would be surprised to hear bankers don't like foreclosures and already do what they can to avoid the head ache. Government action was threatened, in the past, for unreasonable (to the politicians) loan denials. Now they are all experts at fixing what they helped force to break.

John McCain has character coming out of every pore... unfortunately, you have to back up good intentions with intelligence. And a speech like this might give evidence that McCain doesn't quite have enough of the latter to make a qualified president.
Just because he gets an 'A' for effort doesn't mean actually achieves a passing grade.

Not a one of these clowns knows math. McCain is an Ostrich who will do nothing.
Hillary offers a pittance of 30 Billion Dollars...Obama 10 Billion dollars.
We have 1.6 Trillion dollars of bad loans out there at 6 percent interest. 96 billion dollars of interest a year.

What's 30 billion dollars going to do? Nothing!!!

We have 51 million homeowners that just lost 20 percent of the value in their homes. 80 thousand dollars times 51 million homes equals 4.1 trillion dollars of lost revenue in the homes value.

No one is buying lumber, furniture, household goods, and so forth and so on. Gasoline is sapping everyones paycheck as well as high food prices.

The economy has come to a standstill. The dirivatives that were sold with these bundled mortgages are imploding. The bond market is frozen up which has caused bond defaults which raise the interest payments of states to 20 percent from 3 percent. Higher taxes duh.

And McCain's plan is to do nothing. I think Hoover and Coolidge did the same thing during the depression.

Lets hope the banks don't implode on this 516 Trillion dollars of dirivatives gambling. As well as social security and medicare going bankrupt.

There are no problems John McCain. Just keep your head in the sand.

"...dumb old man...."

John E.,

Lay off.

Theres no telling how deep the financial rot is. Wall Street, and many politicians with them, fought off oversight and regulation of hedge funds and other opaque dealings years ago. Seems they were wrong, and of course, the taxpayer picks up the bill. What a nifty risk equation that is.

If we bail out investment banks for taking on excessive risk, then we are obligated to help out the little guy, even if he/she is a speculator. That stinks, and it would be better to let Bear fall and all the dominos with it...a depression is better. At least it would enable revolution, and an evolution away from this outdated form of democracy.

Where's Jeff to explain how brilliant McCain is for suggesting zero interest loans?

Guys, John McCain was the chairman of the senate commerce committee so everyone saying he doesn't know anything about the economy is only showing their own ignorance.

What Frank James irresponsibly failed to report is that Hillary Clinton said in a speech today that the government should have HUD buy up all the defaulted loans.

McCain's plan, while it would require MASSIVE price hikes to make up for zero-percent loans, is better than the government bailout Hillary has called for. He's essentially saying help your customers before you even THINK of asking for a bailout.

READ his Quote

"Recall that immediately after September 11, 2001 General Motors stepped in to provide 0 percent financing as part of keeping the economy growing. We need a similar response by the mortgage lenders."

SIMILAR RESPONSE, As in Industry Steps in and takes steps to help correct the situation.

He did NOT say "Do the Exact Same darn thing"

This is just as stupid as the "100 years war" crap.

Democrats like to claim they are for the people, but they sure seem to think 'the people' are pretty stupid.

Anybody who reads either of Senator McCains comments IN context knows what he meant. Democrats are happy to deliberately misrepresent his positions if they think that will get them the white house.

McCain on the other hand doesn't have to misrepresent the Dems positions, they are naturally abhorrent enough.

I'm with you theantibush.
Let's all quit shopping for a year and a half.

It will most certainly implode the economy. The only thing keeping this country running is shopping. If everyone scales back because they can't afford anything....it will come to a screaching halt.

Wall Street can gouge us on energy......I can vote by letting their crap sit in the store also.

Buying only necessities like Toothpaste, deodorant,T.P. and food.........things could get very bad, if they want to keep popping us at the pump.....and the government chooses to do nothing about the falling dollar and rising fuel prices.

McCain can ignore us......we can ignore the department stores, and walk a lot more.

Ignorance is bliss. We are already sitting around without spending much money because of the financial environment now. How much worse will it get, when we really get irate, and quit consuming goods at stores?

McCain is right: NO bailouts.

For anyone, big or small.

Even the McCain-hating New York Times reported what McCain actually said and what he was doing: coming out against government bailouts.

NY Times: Drawing a sharp distinction between himself and the two Democratic presidential candidates, Senator John McCain of Arizona warned Tuesday against vigorous government action to solve the deepening mortgage crisis and the market turmoil it has caused, saying that “it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers.”

But who needs responsible journalism when your Frank James! Frank James has a more important job, after all, making things nice for Obama.

Lefty Luke, I'm right here, correcting Frank James' conjecture and lies as usual. You should start your lying about now, isn't that your cue?

In place of large-scale government assistance, Mr. McCain recommended two immediate but limited measures. He said that accountants should meet to review the system by which real estate and related assets are valued, and he urged mortgage lenders to step forward voluntarily to help credit-worthy borrowers who may be strapped for cash at the moment.

Can you find a recommendation for zero percent loans in there anywhere? I can't and you won't, because none exists. It's all another Frank James fantasy. Notice how the headline is one of those make a statement and hang a question mark on it headlines. Since the Swamp was a-okay with anointing Bruce Springsteen a superdelegate, this second blatantly untrue headline is just par for the course.

John Son said "We could do a whole lot worse than vote for John Mc Cain as our next president of the United States."

How? By writing in G.W. Bush?

John Son said "We could do a whole lot worse than vote for John Mc Cain as our next president of the United States."

How? By writing in G.W. Bush?

Love war? Vote for John McBush.

"it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers"

Q: Do you think the Fed was justified in bailing out Bear Stearns?

A: "it was a close call but necessary"

Sounds like double-talk to me.

If you know how things work you understand mccains plan is flawed and would never happen nor have the effect he is wishing for. If you dont understand how things work this idea sounds like a great idea. Someone should clue him in on the flow money takes in a mortgage. Who would hold the mortgage worse then the market was priced? Hello The Government!

An alternate gov't bailout idea:

http://www.bloodhoundrealty.com/BloodhoundBlog/?p=2831

Funny he hasn't asked the "oil industry" to "step up" to help consumers. I wonder why that is?

Oh, right!!

Maybe McCain was just remembering a bible passage.

Leviticus 25:37 Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase.

Another crack pot idea from Grampa McCain. And how are you going to pay for this taxpayer giveaway Grampa?

McCain: If you like Chimpy, you'll love Grampa.

Jeff, you're calling ME a liar? That's rich from Mr. "Obama's never been to Iraq" and a supporter of Senator "Iran is training Al Qaeda".

Absolutely. You lie on this comments section everyday. And Obama's been to Iraq once (and it wasn't publicized). McCain's been there 8 times. Do the math.

Try and educate yourself a bit: http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2006/11/14/wiran214.xml

Serial liar Jeff, please document one lie I've told, with supporting evidence.

As for math: One is more than zero isn't it?

Great article there, two years old, it reports that Bin ladin is dead of typhoid. More to the point, if Iran is trainins Al Qaeda, why did McCain then say they weren't? Doesn't he know what's going on Jeff? Is he that confused?

As usual you've missed the point. I said McCain had been to Iraq much more than Obama. Whether he was there once or never, 8 is still more than both of them. Most people understood that by the fourth grade, but since you're a lefty I understand how you might be a bit slow.

I've already documented a lie you've told. You said Iran wasn't training Al Qaeda. The London Telegraph article I've linked clearly shows that they are. I know pseudo-intellectuals like you hate it when conservatives won't roll over in the face of your smarmy accusations so I understand that me and the facts I back up my arguments up with are particularly galling to you. Get used to it.

Make yourself perfectly clear, too, lefty Luke: Are you or are you not saying the 9/11 Commission Report is wrong that Al Qaeda and Iran have had close ties going back to the early '90s? Defend your statement because it contradicts the commission's report 100%.

Luke, you're wasting your time. Little Jeffy cannot and will not be schooled. He's like the densest dog in the kennel...best to whack him in the nose w/a rolled up newspaper. "Bad Jeffy! Republics Stupid! Go potty at Free Republic!"

"I said McCain had been to Iraq much more than Obama."

Lying again Jeff? It really is pathological with you isn't it?

"Barack Obama cares so little about our troops that he hasn't visited Iraq once, let alone 8 times as McCain has.

You can tell by the hate spewed forth by his supporters on this site that they care so little for the sacrifices of men like McCain and our troops that they're willing as willing to denigrate any US soldier as they've already tastelessly attacked McCain and mocked the leadership of the troops commander on the ground, David Petraeus. We know who the betrayers are.

Posted by: Jeff | March 16, 2008 9:01 PM

Your disregard for the truth, even as you call someone else a liar, is truly pathetic.

Oh, and Jeff, the 9/11 commision report has nothing to do with McCain's statement about Iran training AQ fighters operating in Iraq. I know, like most Republicans when your see the word "Iraq" you think 9/11, but they are really separate issues. No one disputes that Iran is helping certain groups in Iraq, the Shiite militias. However those grioups are actually fighting AQ in Iraq, remember?

But, now your saying that McCain lied when he said he was wrong to claim that Iran was training Al Qaeda fighters in Iraq. Why did McCain tell that lie Jeff? Is he unwilling to stand up for ewwhat he believes in?Is he just confused? Why can't the God-like infallible McCain get his story straight? One way or the other McCain is wrong Jeff. Feel free to pick which one.

http://www.foxnews.com/story/0,2933,288600,00.html

http://www.cnn.com/2007/WORLD/meast/05/05/al.qaeda.tape/index.html

http://www.iht.com/articles/2006/06/23/africa/web0623iran.php

http://www.csmonitor.com/2007/1220/p25s03-usmi.html

You've got zero credibility in anything you say Jeff. Anyone who has read your posts know that you will say anything, however untrue, in order to support McCain and attack his opponents.

Why don't you just give out free houses, John? Hold a raffle for the best ones.