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Published Tuesday, Sept. 16, 2008 | 3:22 p.m.
Updated Tuesday, Oct. 28, 2008 | 10:15 a.m.
WASHINGTON - Sen. Harry Reid can't resist a history lesson, and in today's he suggested John McCain is channelling Depression-era President Herbert Hoover.
"What we have going on in America today is the ghost of Herbert Hoover -- and the person who is the conduit of that is John McCain," Reid said this afternoon.
The majority leader has been using the McCain-Hoover line all day, after the Republican presidential candidate's upbeat assessment of the economic outlook on Monday -- a day when one of the nation's biggest investment houses was headed toward banruptcy and the stock market closed with the largest one-day drop since the Sept. 11, 2001 attacks.
"Yet one senator - John McCain - woke up yesterday morning, surveyed the state of the U.S. economy, summoned the ghost of his fellow Republican, Herbert Hoover, and declared 'the fundamentals of our economy are strong.'"
Stay tuned for the response from the other side.
Reid is the Neville Chamberlain of our time for saying the Iraq war was lost when it had just started. He's a negative man who should be voted out of office.
If I recall, McSame and Hoover were school pals. I think they learned about the economy from the same prof.
Harry Reid is the "Hanoi Jane" Fonda of our time.
Harry is SO gloom and doom, just for party advancement of course. He's one of the most corrosive legislators we have today.
Harry is doing JUST fine, I imagine. Ritz Carlton and all, ims.
Harry's family is doing Ok.
Just like Joe Biden's son is doing Ok.
Joe Biden's son was a lobbyist that pushed for pro-credit card pro-mortgage changes to the Biden's Bankruptcy law. He made a half-million in fees over that law.
Harry's family makes millions in lobbying fees, too.
It is nice to see family values at work.
I am very disappointed in Harry Reid. Herbert Hoover at least accomplished something useful--Belgian relief and the Colorado River Compact. To sully his name by comparing him with the likes of John McCain?
Oh, wait a minute. He was insulting McCain! But what is left to insult? There's no manhood left in McCain to insult, that's for sure.
You need to Google 'John McCain anger'. I've always believed a person's true nature comes out in times of stress. If this guy gets in I'm building a bomb shelter. As far as Reid goes, this guy is a puppet for Sin City. Rory Reid is a disaster on the Democratic party. In 40 years as a Democrat I have never seen more incompetence. What a mess the County and state conventions were because the party is run by a bunch of yes men for the hotels. This country is going to hell and being led by corporate donations and puppets like Reid.
McCain is right having an upbeat assessment of the economy. Real estate price are soaring. Gas prices are low. Unemployment is low. Stock market is doing great. Credit is easy to come by. Just try selling your house-there's buyers everywhere.
Thank God for Senator Reid! He is the original 'regular Joe' who rose from poverty right here in Nevada to become one of our country's great leaders. He correctly pointed out the parallel between McCain and Hoover. McCain, like Hoover, hated any kind of regulation.
Do we citizens of this great country want another depression? If not, vote for Obama and give our economy a chance to not only survive, but thrive!
It is obvious to the most casual observer that Searchlight Harry has advanced FOOT IN MOUTH DISEASE. He walks around with a large L affixed to his forehead.Check out his rating in leading the Senate.
Harry is really reaching. He has left Sen Dodd running the banking committee after receiving a "VIP" loan arranged by the former CEO of Fannie Mae while Dodd and Reid passed the Fannie Mae bailout. He has started an ethics investigation of Oaklahoma Sen Coburn, because the doctor still delivers babies for free in his home state as he promised his voters he would. Sen Coburn also has a hold on 40 Senate bills with earmarks in them and Sen Reid is furious as he promised them all to other Dem. Senators for this election. This isn't ethics, its just a Pelosi puppet lining his pockets.
Call harry and tell him what you think
email link
http://reid.senate.gov/contact/index.cfm...
Las Vegas
Lloyd D. George Building
333 Las Vegas Boulevard South, Suite 8016
Las Vegas, NV 89101
Phone: 702-388-5020 / Fax: 702-388-5030
Make the BUSH TAX CUTS PERMANENT!!
Why should the rich pay more for social programs like education, healthcare, and housing?!?! The middle class are the ones using these services!!!
McCain 08!!!!
You mean the Hoover that allowed the Smoot-Hawley Tariff act to go into effect. An anti-free trade measure that raised taxes on foriegn goods and sparked an international trade war that took decades for the world economy to recover from?
DOes he mean the Hoover that created a littany of ABC regulatory agencies to deal with the Great Depression, only to have FDR take the presidency, and rename them?
Does he mean the Herbert Hoover, that allowed the Federal Reserve to stumble all over the economy allowing what would have been a recession to turn into a major depression?
McCain is far from a limited government free trader to be sure, but it sounds like Reid needs a history lesson himself.
Obviously the Boss knows little about history.
It was on Calvin "Silent Cal" Coolidge's watch that the foundation was laid for the Great Depression. Hoover stepped in after Coolidge refused to run again and has since been the poster boy for the crash.
Not unlike what will happen after W43 is long gone.
The great depression had more to do with the Federal Reserve's actions than Calivn's "inactions". The Fed sowed the seeds of a recession, we had a fixed exchange rate regime (which will almost always colapse if the fixed price isn't allowed to change).
We first saw deflation as the banks started to colapse. Add in some anti-semitism with the Fed and its members, throw in a bank run. Slap on some inflation as the Fed injected money into the system, raise taxes, throw up trade barriers, and start heavy government borrowing.
It was NOT a free market failure. The "boss" is either a populist or he has selective historical memory.
Contrary to popular opinion, Coolidge was a progressive minded president. However, he was the LAST president to actually understand and abide by the constitution.
There were many things he would have liked to have done, but as he correctly understood it, the constitution did NOT grant him the power to do those things.
What is wrong with Reid? I am sick of his partisanship to the death...No matter what happens the democrats are always right and the republicans are always wrong. REID AND THE DEMOCRATS ARE GOING TO SHUT DOWN CONGRESS WITHOUT DOING ANYTHING TO FIX THE ECONOMY...Reid and his cohorts want Americans to suffer as much as possible so that we will vote for the Obamamessiah. Reid and congress continues to blame Bush but in reality congress passes laws not the president. It is Reid and Pelosi that have caused this not Bush...
Right now 38% of Americans DO NOT PAY ANY TAXES. Under the OBAMA PLAN 50% of Americans will not pay any taxes... Is your family in the upper 50%? Since Obama will be eliminating the Bush Tax Cuts there will be a huge tax increase on most of middle class America...I don't care about his rhetoric the numbers do not lie!!!
A few years ago the Democrats in Congress changed the laws forcing banks to make loans in "red lined" areas...Now it is coming back to bite us all in the backside.. Now all the banks that were forced to make bad loans by Congress are failing...The banks new they were bad loans but Congress forced QUOTAS on them...So when Pelosi and Reid say it is not their fault they are flat out lying...
MCCAIN DOES NOT SUPPORT "NO REGULATION." Have you forgotten the campaign finance reform that he passed? That OBAMA has refused to follow because his big shot hollywood types are willing to pay up to guarantee the culture war victory...
OBAMA IS MORE LIKE J EDGAR HOOVER...With his bullying tactics..Obama is already trying to use the Justice Department to squelch freedom of the press, and when he cannot use them he is using his minions to attack them...Check out his actions against WGN TV in Chicago, and attempting to stop John Q Public from having a say in this election.