John McCain Says Wall Street Deregulation Is Good For Economy

Q: In 1999, you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now?

McCAIN: No. I think the deregulation was probably helpful to the growth of our economy.   Source

  John McCain said that on 60 Minutes

  This man is pathetically unbelievable!

  Meanwhile, Barack Obama has a new ad out about John McCains healthcare plan.

   Mindless McCain and Brainless Barbie have no business near the White House.

Technorati Tags: John McCain,Barack Obama,Wall Street,Deregulation,healthcare,2008 election

Hank Paulson: Act Now Before It's Too Late

  If you listen to Paulson, the Treasury Department, Bush, Cheney,McCain, Pelosi, Dodd, and others, you get the impression that our economy will be coming to a standstill by next week if those crooked financial firms don't get the taxpayers $ 700 Billion to bail their sorry, inept asses out of the troubles that they have brought upon themselves.

One bad thing about this free ride for these crooks is that you and I get screwed out of our money and Barack Obama gets screwed out of his healthcare plans, among other ideas. The money will not be there for his plans, period! All in the Republican scheme of things.

Memo from Paulson to Cheney:
It appears that the ultimate cost of your bailout program will approximate 1 trillion dollars. As such, there is no way for Obama to implement his universal health plan. You might remind the insurance companies that we expect sufficient reciprocity when they're signing checks.

Let's be honest. The implementation of the Paulson-Cheney-Bush-Rove Plan will effectively strip an Obama administration's budget options. Universal Health Care, Infrastructure improvement, funds for alternative energy and even the middle class tax cuts are all vulnerable. If you think that the GOP isn't well aware of this, you underestimate their willingness to impact Middle America. It's essential that Paulson isn't allowed to become king for the remaining term of Bush. We must insist on transparency and a bi-partisan set of people to monitor this program or America will see 4 more years of Bush's impact on the country. We cannot be rushed into this like we have been in the past. Nothing good will come of that.  DKos

  While we are at it, let us contact of Senators and tell them NO on this version of this bailout! Tell them to grow some balls for once and not give into the Bush Crime Syndicate.

Technorati Tags: Paulson,Wall Street,Obama,Universal Health Plan,bailout