Obama won

teskeinc

I dont think McCain was freaking out, he saw it as a politcal ploy to "suspend" the campaign and show he was putting "country First" as he says on his campaign signs. I applaud the effort but I saw through it.

Obama also tried the "Main St" ploy to pander to Joe Public.

Look, the "bailout" whatever you want to call it, is OK by me as long as it doesnt reward the company for fucking up. Its set up to allow money to be available so if you need to buy a home or a car or any loan you can. People are going apeshit about it, I'm not guaranteeing its going to work, but what other ideas are out there. People don't realize how ugly things will get if this turns into the next "depression". All signs are pointing that way. China and Russia are loving this, even our allies that we have been able to bully, don't seem to be "coming to the rescue" , are they?


My suggestion was to allow the ARMs to stay at their "introductory" rates and to just extend the length of the loans. So if you were paying $700/month for the first 24 months and then it was going to jump to $1400 after, let those people keep paying 700$ and maybe extend the loan 5 more years. They stay in their house and money keeps flowing in. This should have happened over a year ago. But the banks were so greedy they would rather foreclose and you now see what happened to the banks and the loans. That in turn led to home prices falling lower and lower with more foreclosures in the market and everyone losing equity in their own homes. Add in energy costs + food/necessities and a corrupt "out for themselves" government and alot are fucked. And the root of all this is GREED. Those with the most wanted more and they wanted it from those with the least.

teskeinc

yield6 wrote:

i live in canada and we just had a "debate party" there were about 17 of us and everyone was in agreeance that Mcain got smoked, anybody else that thinks different is a fucking idiot.

sounds like a fun Friday night , how do I get on that guestlist?

flywallyfly

Anyone else notice the moderator's eyes were like pools of ink. Kinda creepy like he was possessed by a demonic presence. Sometimes high def television has its drawbacks I guess (or maybe he was actually possessed, I dunno).

beachdweller

cnn, msnbc, and fox news site polls all have Obama winning the debate. was actually surprised to see him up on fox's site.

Mrs.Vedder78

beachdweller wrote:

cnn, msnbc, and fox news site polls all have Obama winning the debate. was actually surprised to see him up on fox's site.

interesting... i would think Fox news would have mccain as the winner.

dignin

teskeinc wrote:

sounds like a fun Friday night , how do I get on that guestlist?

jager and whiskey can make any night fun my friend

cubbieblue82

teskeinc wrote:

I dont think McCain was freaking out, he saw it as a politcal ploy to "suspend" the campaign and show he was putting "country First" as he says on his campaign signs. I applaud the effort but I saw through it.

Obama also tried the "Main St" ploy to pander to Joe Public.

Look, the "bailout" whatever you want to call it, is OK by me as long as it doesnt reward the company for fucking up. Its set up to allow money to be available so if you need to buy a home or a car or any loan you can. People are going apeshit about it, I'm not guaranteeing its going to work, but what other ideas are out there. People don't realize how ugly things will get if this turns into the next "depression". All signs are pointing that way. China and Russia are loving this, even our allies that we have been able to bully, don't seem to be "coming to the rescue" , are they?


My suggestion was to allow the ARMs to stay at their "introductory" rates and to just extend the length of the loans. So if you were paying $700/month for the first 24 months and then it was going to jump to $1400 after, let those people keep paying 700$ and maybe extend the loan 5 more years. They stay in their house and money keeps flowing in. This should have happened over a year ago. But the banks were so greedy they would rather foreclose and you now see what happened to the banks and the loans. That in turn led to home prices falling lower and lower with more foreclosures in the market and everyone losing equity in their own homes. Add in energy costs + food/necessities and a corrupt "out for themselves" government and alot are fucked. And the root of all this is GREED. Those with the most wanted more and they wanted it from those with the least.

Everyone in DC is repeating the Main Street phrase lately, not just Obama.

Regardless of whether McCain's move was political or not, the situation required very delicate handling. So much on Wall Street is about confidence. When your potential future leader is running around changing his stance every other day, it doesn't speak well to maintaining stability on Wall Street or in the world for that matter.

I like your idea regarding mortgages. It seems like if they just worked at restructuring mortgages to increase stability and decrease forclosures, a lot of the problem would be solved. If that were the case, you would think that these securities that noone wants to buy now, might be more desirable. Who knows though, I'll be the first to admit I don't have a full understanding of the situation.

I just know something needs to be done. I think we can all agree on that.

LikeAnOcean

I watched the first 1 hr 15 min.. McCain wasn't bad.. not as bad as Bush,.. but I'll give the edge to Obama.. that might be bias though,..

dg1979us

I thought McCain held his own. I thought this was a debate where neither stood out and neither lost ground. I cant see how anyone says one guy beat the other. Both were mediocre IMO.

darkcrow

I felt Obama edged it and am quite surprised at how many polls called it for him quite decisively.
McCain seemed quite evasive, rarely answering a question straight. But his attacks prob chimed with his base.
Quite dispicable the whole "i have a bracelet" thing.

jeffbr

yield6 wrote:

i live in canada and we just had a "debate party" there were about 17 of us and everyone was in agreeance that Mcain got smoked, anybody else that thinks different is a fucking idiot.

Is that what you boys to the north call a circle jerk these days? Hope you all got off. It sounds like you did.

Heineken Helen

flywallyfly wrote:

Anyone else notice the moderator's eyes were like pools of ink. Kinda creepy like he was possessed by a demonic presence. Sometimes high def television has its drawbacks I guess (or maybe he was actually possessed, I dunno).

YESSSSSS... fuck yes! What the hell was THAT about?

And yes, the bracelet thing was quite appalling.

iamica

darkcrow wrote:

Quite dispicable the whole "i have a bracelet" thing.

Thank you for pointing that out. I almost turned off the TV at that point, I was so appalled. How exploitative can one get?
Don't know who won. Seemed like the same things were being said over and over.

Jeanwah

I thought they both did well, but the seeing that the debate was supposed to be McCain's expertise, Obama showed him that he's well knowledgeable in that area and handed him a surprisingly well debated hour and a half, and pretty much nailed it. I didn't like though, how Obama kept telling John that he was correct at times. Don't do that next time Obama!

evenkat

Obama did better but they both were trying to appeal to their base so I think it depends on your political views. McCain pretty much said the same thing over and over. He wouldn't change a damn thing but change is exactly what is needed. He seemed way too old!

It was very boring!

Heineken Helen

Obama just came across as more presidential and I guarantee he will win more worldwide respect for the US than McCain would!

YieldInHiding

I think it was a draw. McCain did make some good points, but without looking at Obama, he made himself look childish and condescending.

They both danced around the economic bailout topic. I was kind of disturbed by that, especially since they have been dealing with that non-stop for the past few days.

RolandTD20Kdrummer

Obama wins by default....

McCain should be retired....he freaking 82....

Average male lifespan in the US is 86....

he's almost a corpse...

It_Wasnt_My_Surface

RolandTD20Kdrummer wrote:

Obama wins by default....

McCain should be retired....he freaking 82....

Average male lifespan in the US is 86....

he's almost a corpse...

Cloris Leechman is 82....McCain is 72

digster

Most major polls I've seen about this debate (and granted, these instant reaction polls can sometimes be notoriously unreliable), but anyway, every poll I've seen has Obama winning the debate, with some polls as high as double digits. That surprised me; I thought Obama came off well, but I didn't think he came off that well.

It's funny watching what the news outlets uses as soundbites in the morning; like the part when Obama told McCain. "You thought it would be easy in Iraq, you were wrong. You said you knew where the weapons of mass destruction were. You were wrong, you said we'd be greeted as liberators, you were wrong, and you said there'd be no violence against Shi'a and Sunnis, and you were wrong." That floated by me in the debate last night, but it's pretty powerful looking at it again. In this case, McCain looks like he's being berated by a teacher and doesn't want to look at them.

Still, I'm surprised that people seem to think Obama did very well. If nothing else, hopefully he obliterated the "can he be Commander-in-Chief question?"