House Republicans dump the bail out, and DOW falls nearly 800 points..

This just gets better and better, now all the finger pointing begins. The MSM are desperately trying to put a positive spin on McShit's roll in all this, and make sure the Democrats get their share. Of course McRubbish is holding one person to blame for all of it -- that man Barack Obama.

The media pundits are all over the place, basically no one has a clue...

I was watching MSNBC and Chris Mathews was the first to put a mavericky spin on McCrap's political posturing late last week. Claiming that this proved it was difficult being a maverick, according to Mathews he had opposed Bush for the last 7 years, and this was the first time McCrap had tried to lead, but had sadly failed...

Then on came Chuck Todd who wasted no time pointing out that nearly a hundred Dems also voted against the bill, a bill that was first proposed by the incredibly unpopular Republican administration....well duh!

Frankly, it's gonna be difficult for the Republicans to blame Democrats for this, and all because a few of them had their feelings hurt by something Nancy said. Barney Frank claimed that if it would help get Republicans actually doing something for the country, he'd personally go and visit each one who had their feelings hurt, and be really, really nice to them.

Great economist minds like Markos from the Daily Kos informed us what a terrible deal this was for middle-class Americans, but even the great man himself didn't have a clue what should be done, he just felt this wasn't the answer.

I did hear Ali Velshi, one of the few voices on CNN I respect, tell us that for every day Congressional Republicans posture 10,000 Americans will lose their jobs, and houses down the line. Taking them out of the 'could help the economy by spending' column and into the 'further strain on our economy' column.

Ali's firmly behind the plan, and tells us there isn't time to wait while Americans learn about economics to try and understand what's happening. Instead we needed to trust the few true leaders who have come out steadfastly behind it, and back them while they act NOW.

Then Glen Beck chatting with his fellow neo-con Wolf Blitzer told us that he was against the bail-out, but warned other Americans that were against that they needed to understand why they were, adding that he understood why some were for it....confused?

If that wasn't enough, he went onto say how sick he was of all the politicking, then promptly started politicking asking where Obama and McCrap had been, conveniently remembering that McCrap had at least tried...aaahhh. Still, apparently that wasn't the point for him, he was just upset with all of them....what a load of bollocks you lying Republican turd!

I know who I'm blaming for all of this and it's those frauds in the MSM, they've irresponsibly set out with an anti bail-out theme, before understanding what the fuck it meant.

They're absolutely against it, at the same time as absolutely demanding something be done!

I have no doubt that regular Americans will lose because of what happened today, somehow we always do.

You know, in such dangerous, challenging times, this nation is screaming out for leadership, but sadly America doesn't have any. What Americans look for in a president is the facade of leadership, Americans want Ken and Barbi, not the ugly truth. You only have to look at the Republican Vice Presidential candidate to see that our standards have reached an all time low.

We want leaders to be people we'd enjoy having a beer with, leaders that don't make us feel insecure by being smarter than us. We want our leaders to be tough, but we know that talking tough is easy, being tough is another thing altogether. Americans never vote for the best presidential candidate.

Whatever happens, this latest debacle should act as a stark wake up call to all of us. Our leadership standards can't be allowed to continue to fall. There's a smart, principled young man running for election this November, Americans need to take a chance for once, and elect him our president.

This problem wasn’t caused by an ethnic minority, this problem was caused by a Republican majority!

As I’ve already mentioned Eric Cantor’s outrageous comments made to Wolf Blitzer on CNN yesterday, offered a disturbing insight to the extreme thinking of the modern Republican party, but they also highlighted a worrying misperception about the current banking debacle.

Cantor’s comments were aimed at blaming ethnic borrowing as the cause of the banking meltdown, which he did via Jimmy Carter’s equal opportunities bill. The reason he made the outrageous comments is because he knows the public believe that all the troubled mortgage loans were made to greedy, and/or foolish people who couldn‘t afford them. Cantor wants to ensure that ethnic borrowers take the brunt of the blame, because ethnic equals Barack Obama.

The reason that this scandalous plan is doomed is because it’s untrue, and the rest of America didn’t wake up wearing brown shirts this morning. But, it’s frightening that Republicans feel they can ‘sell’ a widely respected 30 year old equal opportunities bill, as the cause of our country’s banking meltdown. Cantor's distortions were not made by mistake they were made to appeal to the party base, which indicates just how extreme the 21st Century Republican party has become.

Also, I have to address this terrible misperception about borrowers, regardless of race, are to blame for all this shit. There’s no doubt that the Republican administrations of the last 30 years or so have encouraged speculation in the housing market, and backed up by Banks offering special mortgages for second, and third houses, they lured increasing numbers of middle-class Americans in. Although I’m sure that speculators will account for some of the failed loans, and greedy and foolish borrowers will account for a few more, but there's no doubt that the vast majority were just regular working people trying to get on.

Let’s be clear the cause of the mass defaults was not consumer greed, but banker greed, and political incompetence.

The banks, desperate to make interest, pushed ever more credit into the market, then due to no fault of the borrowers there was a worldwide economic downturn, the economy slowed, and people began losing their jobs. These people weren’t greedy or foolish, they're normal people that had been working for years, and only became homeowners because loans were cheap, and were finally able to afford it!.

Like everyone else, their homes were based in the communities where they worked, so when a company shut down, and lots of people lost their jobs, people would start moving out of the community looking for new work. It was a double edged sword, because as there was no work in their community, no one was moving in, and so house prices fall. Maybe close to the end, as a last resort they borrow against the little equity they had just to keep up the payments, but without work and unable to sell their house, and no income coming in they finally stop making the mortgage payments.

Suddenly, that regular, decent, honest, hard working family of four that used to live next door are out on their asses, homeless...horrific.

The system just created a few more statistics.

How dare people look to blame their neighbors just because their timing was off. The same could’ve happened, could happen, to any of us. Don’t believe the main stream media with their own corporate interests.

The downturn happened because the Republican administration, backed by those same Congressional Republicans who are crowing about ethnic minorities today, ran riot over regulations governing finance, and all for the sake of creating a market bubble that would inevitably burst.

Instead of looking at ways to reduce our oil consumption and look at new technologies, they kept their big oil masters happy by throwing billions and billions into a pointless war for control of oil. Instead of renegotiating foreign trade agreements that were costing millions of American jobs, those caring Congressional Republicans kept schtum so they could keep collecting backhanders from lobbyists representing our foreign trading partners.

Make no mistake, this is down to a lack of regulations governing greedy, and ever more desperate banks and bankers. It was fuelled by two insanely expensive wars, in treasure and lives, and was fanned by the atrocious management of our foreign trade agreements.

This problem wasn’t caused by an ethnic minority, this problem was caused by a Republican majority.

If any good at all has come out of this, it’s that over the last fifteen years as the Republican party has lurched ever further right, they have become more and more marginalized. They are in genuine danger of becoming extinct in the North East, an incredible but very real possibility.

The moderates that used to abound in their party are gone, there’s no room for them any more, Republican’s hold seats in rural areas, they are becoming a provincial party of provincial thinkers with provincial fears, and they try to sell that as small town thinking...small town! Is that good?

I’m not convinced the country is changing it’s political shape at all, it’s always been seen as center right, and sadly that’s pretty much where Barack Obama and the modern Democratic party finds itself. However, as the Republicans controlled government they’ve become ever more extreme, and attempted to drag the rest of the country along with them, center right policies are now called liberal, and liberal policies are now socialist.

The Republicans are not what they say they are on the bottle anymore, and fortunately, at last the people seem to be seeing past the name tag.

So now Johnny McShittyLiar is trying to blame BO for injecting politics on thursday...unbelievable!

On Tuesday McShitty's little Alaskan helper told Katie Couric that if a financial aid package for Wall Street wasn't agreed by friday, then this coming Monday the nation would slip into a depression as bad as that of the late 1920s. Later that afternoon after lying to Dave Letterman and freeing up some time up to talk to Katie Couric's bigger audience, McLiar confirmed his little Alaskan helper's prophecy, saying that unless a bail-out plan was immediately agreed, then we'd all be eating grass by Monday.

Yet, today there's no agreement, apparently our representatives had been close at one point, that's until McCrap got involved. He fucked it all up by trying to hijack the event, and claim credit for something he hadn't been involved in, and what's more he wasn't even sure if he wanted the credit anyway. It became a big pickle and he was right smack in the middle of it.

So, per the prophecy of the brilliant economist Palin, and as we have no agreement in place and it is the weekend, I guess we'll all be eating grass on Monday. I've got some salt put away just in case. Btw what's with the stock market making triple digit gains during the two days since the collapse of the bailout talks?

Apart from the imminent collapse of the nation's economy, it was refreshing to see McLiar for once staying true to his word and remaining in Washington until a deal was....oh! he's not?....oh, ok then, well forget that...As it turns out McShittyLiar has stayed true to character and not his word, as I'm informed he's now planning on coming to the debate, which according to his campaign was what he had intended all along....yeah, right!

Did you notice during the mayhem that was this week, McCrapLiar admitting that he hadn't even read Secretary Paulson's three page proposal? But, somehow he was miraculously able to make suggestions as to what he felt was missing.

The whole thing, I mean the whole thing is a farce. This campaign continues to insult the American people‘s logic, this man and his crew of crooked cronies are playing politics with people's lives, we're living in dangerous times, yet McBombit seems to take it all as a joke. He says one thing today and a different thing tomorrow, it's almost impossible to keep up with the lies, turnarounds, and endless bullshit emanating from his campaign, on election day they must be hoping that American people forget which candidate is which.

It’s unbelievably insulting, no politician in history has lied so openly and so often as McCain has during this campaign, and we have four weeks to go.

The people of this country need to show that self-serving politicians like McRubbish cannot get away with it. The man possesses none of the character traits required by a president of this country, or any country for that matter! He is impetuous and erratic, he's a walking time bomb, and there's not a single American that can say they weren’t warned!

Finally, if you needed any more motivation to ensure that he does not become our President, take a look at the woman who as his VP would be a heartbeat away from the presidency. Btw hang on for Jack's barely disguised anger at the end.

Obama hits it out of the park, Keith picks a fight with the AP, and McNasty blunders on veep choice

Last night Barack Obama nailed it, delivered, baked the bread, and got the cakes out on time. His speech was thrilling, intelligent, considered, insightful, full of specific policy references, heart felt and delivered in front of 85,000 applauding Americans and another 38 Million watching on TV (apparently more than the Olympics opening).

A virtually impossible task had been demanded of him by the mainstream media, desperate for the slightest weakness to jump on, but the man delivered. Even top Republican commentators bowed to the brilliance of the speech.

I watched David Gergen (Reagan staffer) on CNN, call it sublime and one of the greatest convention speeches ever, then had to pinch myself as I switched to MSNBC and saw Pat Buchanan, yeah that Pat Buchanan call it the best and most important convention speech he'd ever heard.

I hope you were one of the 50 Million Americans that witnessed history last night, but just in case you weren't. Here's all 45 minutes of Barack Obama's amazing speech, enjoy...


Still not all political commentators/presenters were on board, well that is all except Charles Babington of the GOP propaganda machine the AP news wire. He swam against the tide and found himself a lone voice claiming it to be 'nothing new' and 'lacking in specifics'. The problem is that his comment would be sent out to literally hundreds of newspapers around the world and understandably Keith Olbermann of MSNBC took offence at Babington's version of events, stating that it had 'no resemblance to the speech (he) had just watched' and called the reporting a 'remarkable failure' and suggested that Babington find a 'new line of work'...go Keith!

Now, I had read somewhere recently that the AP was now being run by someone that had been offered a campaign position on the McBombit campaign, but declined as he believed he could do 'more good' at the AP. If this was a taste of that, then it would be hard for McBombit to argue with his man.

I suggest watching the speech if you haven't already and deciding for yourself, whether you feel Babington was a lone voice or not. Then for a bit of fun watch Keith Olbermann rip the AP a new one, here...



Finally, I just got the fantastic news that McNasty has picked a young female as his running mate. Amazing when you think that the first consideration for any Veep is that they are ready to be president, and how they've harped on and on about Obama's lack of experience being a key issue. They managed to pick some one with even less experience than Obama, but with none of the judgment, she's embroiled in a scandal, where it is claimed she tried to get her ex-brother-in-law fired from his job as a state trooper when he divorced her sister, a nasty abuse of power for such a young thing, she'll fit right in methinks.

Anon.

Hillary gives great speech, but why don't the media cover the rest?

So, the mainstream media have been endlessly moaning about the Dems reluctance to 'attack' McCain and the Republicans, but when a great orator stands up (just before Hillary incidentally) and delivers a withering attack speech against McCain and his repug cronies, only CNN, C-SPAN and PBS cover it. No ABC, CBS, Fox (of course), not even MSNBC.

I kept clicking between C-SPAN and MSNBC just to see if they would finally feature any of the speech, but to my amazement they decided instead to feature another 30 mins of warbling between Mathews and Olbermann. The focus of their discussion? - the Dems lack of attacks! with a good sprinkling of Mathews overt racism, if only the Obamas were white, eh Chris?

Still, I was watching courtesy of C-Span, and man, what a speech Brian Schweitzer gave. Schweitzer looks like a cross between a shop floor union rep, an oilman, and a night club entertainer, too many cholesterol laden lunches, but what a delivery.

He was knocking the misguided concept that we could drill our way out of this energy crisis, correctly pointing out that if we drilled every drop of oil on American soil and sea, on all of John McCain's backyards, even the ones he can't remember, we'd still only have our hands on 3% of the world's reserves, and as we suck up 25% of the world's oil, it's a hopeless escapade. All we'd achieve would be ruining our eco-system, the stunning beauty of this country, needlessly endanger our coastlines, and all just to make some extremely rich men, richer.

I did notice that this morning the mainstream media ran a few sound bites from the speech. Not surprisingly they ran the bit where Brian mentioned drilling in John McCain's backyards, but cut before the punch line explaining why the process is pointless, but why? For fear that the secret would get out? That Americans would realize that the whole off-shore drilling scheme is just a scam to ensure the republicans big-oil masters get their hands on the last drips of our black gold.

If I wasn't so used to the biased reporting in this country I would've been screaming at the screen, as it was I merely threw a shoe at it.

This clip of Brian Schweitzer's speech is fifteen minutes long, but well worth watching...



Anyway, on to HRC, she was magnanimous and gracious last night, whatever the content of her speech pundits would've picked it apart to fit their own narrative, it's fucking ridiculous. But, I can say as a staunch Obama supporter throughout the primary season, and having got myself quite wound up on the subject of the Clintons, as far as I'm concerned she was great last night.

Of course instead of finding Clinton supporters who hadn't yet endorsed Obama and went into the convention with an open mind to see what effect her speech had on them, the MSM source out the three or four remaining nut cases in the delegation and voice their opinions. These people are obviously seriously mentally damaged, there is no rational in their objection with Obama, they boarder on stalker.

So, inevitably they come out and say - wouldn't she have made a great president? Yeah funny that they would draw that conclusion from this one speech, isn't that exactly what they've been knocking Obama for throughout the primaries?

Now, HRC can make one speech and her supporters claim she'd make a great president, well the answer is we don't know whether she would or not. I've no doubt that she would've made a much better president than John McCain, but I don't believe she'd be as good at it as Barack Obama will be.