-
Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.
PoliGAF Thread of First Debate Election 2008 - GAF doesn't know shit
- Thread starter Amir0x
- Start date
- Status
NullPointer
Member
Arde5643 said:
I get where you're coming from, but you have to stop for a second and see it from the perspective of scared and really fucking upset people being asked to bail out Wall Street.
If this bailout goes through, you are rewarding this behavior, and truly, nakedly, bending over to the forces of the market that keep on fucking the little guy, again and again. So the bailout goes through and we end up in the exact same place in another 10 or 20 years, printing money to clean up the mess caused by bad actors.
Why would anybody want to rally around that cause?
We need a solution that puts the onus of the burden on Wall Street. That's the only thing that will get the support of the people.
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
Arde5643 said:
No, Obama must not jump in the bailout, he wasn't involved yesterday and it was good as such.
He must just call out McCain's proposal for less regulation. But there are no direct confirmations of this, let alone any comments from McCain about having such a position.
EDIT: Obama can't talk about the bailout at the debate tomorrow if he is alone, because it would put him in a position where he would have to defend it, or reject it.
Hellsing321
Member
I'm not sure how the public will take this whole thing. It all matters how both campaigns and the media handle it. Either way there's no point in freaking out now until we see how things play out.
kkaabboomm
Member
thisTamanon said:
Ether_Snake said:
What you are forgetting is that McCain said yesterday, in "suspending" his campaign, that he was doing so in order to make sure a deal gets done. He and his camp cited doomsday numbers - depression, 12% unemployment, etc. Starting Monday.
"Stopping the deal" is not a winning position in this context, at least not for more than a couple of hours.
PhoenixDark
Banned
Ether_Snake said:
Are you fucking serious, you think he should call for less regulation and follow McCain's lead? You want Obama to lose
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
Arde5643 said:
The last thing you want is having Obama try to convince Americans that this bailout is needed, only Bush was needed to do that. Obama speaking about the bailout, either for or against it, without having McCain giving his own version, can only backfire.
HamPster PamPster
Member
Remember the Should everyone in the world vote in US election thread
So... how much is the current situation effecting the rest of the world
Just asking :lol
So... how much is the current situation effecting the rest of the world
Just asking :lol
NullPointer
Member
gkrykewy said:
People aren't going to care to point fingers if both parties are going to allow our economic ship to sink.
Remember, people aren't party loyalists - the electorate is filled with righteous anger directed at BOTH parties. Now isn't the time to try to direct that anger at the other guy, or the other party. While the majority of americans don't know the details of our present calamity, they do know that its fucking serious, and that something needs to be done. Attacking McCain doesn't help that. He's done enough on his own don't you think?
Now is the time to come up with a third way.
Particle Physicist
between a quark and a baryon
capslock said:
because obama really was trying to put the country first..
i really dont see how ANYONE can defend mccain's actions these past couple of days. what a sleazy bastard..
kkaabboomm
Member
"for god sakes you could have walked there in that time!"
MaizeRage25
Member
Maybe Stewart should be President.
It wouldn't be a bad idea. "Deregulation" is not a blanket term. The bailout exists right now because we need the banks to borrow money of course.PhoenixDark said:
Loose the capital requirements to lend and increase the size of the FIDC so they can be on the watch for any more failing banks. Put the failed assets on the market, and lets see what they are really worth, instead of just looting taxpayer money and buying everything up like potions in a final fantasy game, at the same time adding no new regulations for the mortage market, in the hopes that eventually we will see a return on our investment.
The rest of the world is enjoying thisHamPster PamPster said:
NullPointer
Member
gkrykewy said:
Which hurts us all more? The dumbass who bought a house he can't pay for? Or asking the taxpayers to shell out a trillion fucking dollars minimum?
The little guy has seen his income drop at the same time he's gotten to watch Wall Street execs make a fucking killing. The little guy has also watched as companies failed and jobs were shipped overseas, all the while the execs who ran the ship got gargantuan golden parachutes.
You do the math.
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
PhoenixDark said:
Where the fuck did you read that? I'm saying Obama must not speak to the public about "the bailout is needed because of this or that" nor reject it. It can ONLY play against him.
Americans don't want the bailout, they don't like the sound of it.
Having Obama "explain" the bailout at the debate tomorrow, by himself, makes him a supporter of the bailout, trying to sell it to America like Bush was.
He needs to let McCain say what HIS position is, and then fight him on that.
Right now we have NOTHING from McCain on what his proposal is, only some CBS guy saying it was supposedly about less regulation and more taxcuts for corporations. I doubt McCain would be stupid enough to make that his argument.
So no, Obama must NOT speak on the bailout without having heard McCain's position on it, and being able to quote him on it.
chaostrophy
Member
Any GAFfers work at gun shops? I bet that's one sector of the economy that's doing well right now, or will be soon.
Xisiqomelir
Member
Guys, AFAIK, there are 3 different bailout plans, no?
1) King Hank's $700B blank cheque
2) The bill that was going to pass, with safeguards and regulatory oversight and equity in the banks in exchange for the taxpayer scrilla and significantly less than $700B
3) This new Repug plan which has like no regulations whatsoever and free taxcuts and golden parachutes to Wall St CEOs
Am I correct in this understanding?
1) King Hank's $700B blank cheque
2) The bill that was going to pass, with safeguards and regulatory oversight and equity in the banks in exchange for the taxpayer scrilla and significantly less than $700B
3) This new Repug plan which has like no regulations whatsoever and free taxcuts and golden parachutes to Wall St CEOs
Am I correct in this understanding?
CharlieDigital
Banned
Ether_Snake said:
He's not going to call it a "bailout" if he has to talk about it. More accurately, it's about getting the credit markets flowing again. In reality, all he has to do is get up there and explain to the American people what would happen if we did nothing. He does not have to back any plan; he just has to make it clear what the current situation is and what the consequences of doing nothing will lead to.
Whatever McCain proposes, it doesn't change the fundamental reality of the worst case scenario that we are facing down now.
Gary Whitta
Member
Man, Christmas this year is gonna suck.
"Oh gee. Socks. Thanks, just what I wanted."
or perhaps
"Gimme that can of dog food or I'll fucking kill you."
"Oh gee. Socks. Thanks, just what I wanted."
or perhaps
"Gimme that can of dog food or I'll fucking kill you."
Qwerty710710
a child left behind
I might have to miss this party I've been looking foward to for the past two weeks, and watch this debate. McCain has gone too far and it's time to pay. I'm going to try my best that nobody I know votes for this fucking moron. I hope the average American won't buy into this bullshit.
The Lamonster
Member
So what's the latest on whether McCain is showing up tomorrow night?
Christmas is such an overdone holiday anyway. If anything maybe this will make people think about what's most important around the holidays, your family (I'm not even religious, heh). Seriously though, walk into any retailer during the holiday season and tell me people aren't obsessed with buying gifts just for the sake of buying them. It's getting ridiculous. If I was a Christian I'd be mighty pissed at how much the holiday has been hijacked by consumerism and long work hours, lolz
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
U.S. congressional negotiations on a proposed $700 billion financial industry bailout will enter a ninth day on Friday, with no sign that balking Republicans in the House of Representatives will participate.
This is what they want. To be seen as those who reject the bailout. And look at this snipet:
Paulson VS House Republican Plan.
Hello? Do you guys still think this won't go in McCain's favor? There are no indications of any "deregulation + taxcuts for companies" in there. All the info we have is Paulson doesn't want the House Republican version.
http://www.reuters.com/article/marketsNews/idUSN2522338220080926?pageNumber=1&virtualBrandChannel=0
This is what they want. To be seen as those who reject the bailout. And look at this snipet:
Paulson VS House Republican Plan.
Hello? Do you guys still think this won't go in McCain's favor? There are no indications of any "deregulation + taxcuts for companies" in there. All the info we have is Paulson doesn't want the House Republican version.
http://www.reuters.com/article/marketsNews/idUSN2522338220080926?pageNumber=1&virtualBrandChannel=0
PhoenixDark
Banned
I refuse to believe that McCain won't be at the debate
Gary Whitta
Member
Hard to know if all this is going to make this year's Black Friday better or worse.Diablos said:
- Status
Similar threads
- Locked
- Locked
- Locked