Barack Obama, John McCain React to Lehman Brothers Crisis—With Wildly Divergent Opinions
Reader Comments
well..
how do u think this worl will be with monkeys and tigers rulein us? i miean it would be better then a keyboard
Financial crisis
I can't imagine what McCain must be thinking right now as he ponders the whole financial crisis the Bush administration created in the last eight years. What we must remember and think about is that McCain had Phil Gramm as his financial advisor and is thinking of bringing him back when/if elected. For those who don't know, Phil Gramm was one of the creators of the Gramm-Leach-Bliley Act (GLBA) in Congress that opened the floodgates for this whole financial crisis. McCain has a multimillionair wife, and Gramm/wife made their millions at ENRON before it went down and CEO Richard Fuld probably made sure to cover his losses. But who will cover the losses of the 15,000 employees of Lehman who not only lost their jobs but all of their retirement funds. Think about that BEFORE you vote Nov. 4th---do you want to continue with the Bush tax cuts and deficits...or do you want to vote for someone who will lead us into financial stability?
nader PAUL mckinney
The American Ruse &
when Black Friday comes.
Honesty or lies?
Compassion or greed?
Intelligence or narrow-minded?
Guts or go along to get along?
Ralph Nader
Cynthia McKinney
Ron Paul
Mike Gravel
Dennis Kucinich
Jesse Ventura
H. Ross Perot
President Carter
will be historically interesting
I think when everyone looks back at this time frame, many people will see the importance of greed and over spending that has been one of the catalysts to this situation.
I remember the idiot financial advisor whose office I was in around 1999 fixing a printer telling someone Apple stock was going to go to 150.00 . realistically it was worth 18.00 at that time. they were in trouble had no money ...any tech could of told you that.. But as you all know people were buying anything with a High Tech word to it.
False economy breed by greed destroys itself every time. That wealthy guy ( forget his name) said to buy good companies that have things like land , factories etc. not educated property companies that don't have anything to sell. OLD VALUES!! are still the only ones to adhere to. You can borrow a little but not a lot, Especially in the economy we have in the last 20 or so years.
People should be forced to read how the great depression was created...10 % down ...my god ???
I do not feel sorry for the problem that has been created...but you should start by teaching your children that the american dream starts by saving not spending.And teaching good fiance in your schools, it seems you all need it. Did you think it was going to go on forever?
And trust me we are just as stupid up here in Canada.
PEACE and good luck . This is a time when I hope our American neighbors shine and all you financial people smarten up and fix your mess...Your country deserves better way better.
country first
just wondering what country mccain is talking about
McCain Supporters - WAKE UP!
With financial regulators across the world, heads of major financial institutions and gurus like Alan Greenspan across the financial sector working on trying to come up with a solution to a backlash effect from another major US Investment Bank collapse - I am surprised there is still a McCain who fails to acknowledge there is a problem. His philosophy that everything is okay seems to be one of total ignorance and his attitude irresponsible. McCain in his own words has admitted to having little or no understanding of economics.To downplay a crisis and not explaining the reality of the situation is nothing but tactic adopted by the current administration- MORE OF THE SAME - ain't it.
Time to wake up!
Housing Market = a shambles, brought on by republican greed. It affects us all. What will be left of the American Dream?
Stock Market = plummeting, weak, clinging to tomorrow -- another house of republican cards about to fall
War in Iraq = wasting so many young American lives -- dead soldiers, thousands more dreadfully maimed, hurting, wounded.
A War that never should have been!
Infrastructure = Failing bridges, roads, highways, transportation -- why did we fail to keep the backbone of our economy strong and healthy?
Global warming = It will change the lifestyle of your children and your children's children.
How in God's name, can you suppose God wants you to vote for another Republican? Wake up! Vote for Obama!
go obama
seriously, why would anyone listen to McCain saying "don't worry, everything is really ok... it might seem bad, but don't worry, we will fix things, k?"... obama sees the problem: a major player in the state of the economy has just gone bankrupt. Prices for EVERYTHING are going to rise to try and compensate for this fall, and we weren't in this position 8 years ago.
My point is, if you can't recognize this as a serious crisis, don't vote. If you think McCain will do anything different than bush, or if you think bush has done a great job, your ignorant. I really hope this situation resolves itself so we don't have to sell out america to china or something... eh?
nader PAUL mckinney
Sunday Bloody Sunday
The Wall Street Shuffle
ralph DR RON cynthia
What have they done to the earth?
What have they done to our fair sister?
Ravaged & plundered & ripped her & bit her
Stuck her with knives in the side of the dawn
& tied her with fences &
Dragged her down!
mike dennis jesse ross
