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Monday, September 15, 2008
Amanda Carpenter :: Townhall.com Columnist
Candidates React to Lehman Collapse
by Amanda Carpenter
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The presidential candidates’ reactions to the meltdown of yet another massive bank strictly adhered to the major themes of their respective campaigns.

Democrats used the occasion to blame President Bush and the Republicans promised reform.

Democratic presidential candidate Barack Obama said the GOP’s style of government led to the collapse of Lehman brothers, suggesting the economy couldn’t handle another Republican White House. “Eight years of policies that have shredded consumer protections, loosened oversight and regulation, and encouraged outsized bonuses to CEOs while ignoring middle-class Americans have brought us to the most serious financial crisis since the Great Depression." Barack Obama told supporters in Golden, Colorado. "I certainly don't fault Sen. McCain for these problems, but I do fault the economic philosophy he subscribes to.”

Obama’s vice presidential candidate Joe Biden was stronger in his criticisms, calling a future McCain White House a bad “sequel” to President Bush’s administration. "Folks, we've seen this movie before and we know the sequel is always worse than the original," Biden said while campaigning solo in St. Clair Shores, Michigan. "If we forget this history, we are doomed to repeat it, we'll get four more years of the past eight."

Republican candidates John McCain and Sarah Palin, on the other hand, called for robust market reform, ruling out any government bailouts for the bank.

McCain, who has been roundly criticized by the Democrats for his thoughts on economics, said “the fundamentals of our economy are strong, but there are very, very difficult times.”

"And I promise you, we will never put America in this position again. We will clean up Wall Street. We will re-reform government,” he vowed at a campaign stop in Jacksonville, Florida.

At a separate stop in Golden, Colorado Palin said she was “glad to see the Federal Reserve and Treasury have said no to bailing out another” bank.

"We are going to put and end to mismanagement and abuses on Wall Street that have resulted in this financial crisis," Palin said. "Our regulatory system is outdated and needs a complete overhaul. Washington has ignored this."

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About The Author
Amanda Carpenter is the author of “The Vast Right-Wing Conspiracy's Dossier on Hillary Clinton,” published in October 2006.
 
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Communism at work
Ditto mlund in Az. You nailed it.

Vote No To Obama, a known Communist and Un-American.

Vote No To Communism/Obama
You are dead on mlund. The Liberal Democrats are nothing more than communists. Nikita Kruschev warned us in about 1960 that Communism would destroy American Capitalism without ever firing a shot. He already knew that there were many communists in our country that were in positions of power in our government and other institutions. Of course, Hollywood, Ca. already was being operated by communists for the most part, as was much of the other entertainment companies. Eveybody booed Joe McCarthy, but old Joe was Right. We did have subversives, spies, and communists operating in our congress and other parts of government.

After they conveniently ridded themselves of a staunch Anti-Communist, JFK, the last Decent Democrat ever to occupy the White House, we got that scumbag LBJ, who brought Communism home Wholesale at Gunpoint all over the country.

Thanks to LBJ, we got the Great Society Programs that destroyed heretofore hardworking families, and made them become comfortable living off the state. This is how the Soviet Union operated. Then, he began the Destruction of the Public Education System and the Dumbing Down and Indoctrination began. Our academic standards became lower and lower and from 1966 through 2008, this Federal Indcotrination and Dumbing Down Process that is carried out in Public Schools has brought us from one of the top 3 educational systems in the world to the now dismal level of number 27 in the world. We trail many third world countries in educational outcomes. And, we spend more per child than anyother nation.

This is how the communists do it. They have to have ignorant masses who have been thoroughly brainwashed, and they have done a marvelous job. Thanks LBj, The U.S. Department of Education which was presented by another Communist Jimmy Carter as a favor to a large Communist Union of AFT, NAE and all their state and local affiliates.

And, of course, as early as FDR who gave us Social Security, and FDIC.
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