2008 Election:
Obama takes hard swings at McCain’s statements on economy
Democratic nominee draws 11,000 to Las Vegas campaign speech
Sam Morris
Barack Obama shakes hands with supporters Wednesday, Sept. 17, 2008, at Cashman Field in Las Vegas.
Published Wednesday, Sept. 17, 2008 | 6:28 p.m.
Updated Thursday, Sept. 18, 2008 | 7:58 a.m.
Obama Rally at Cashman
Barack Obama spoke at a rally at Cashman Field in North Las Vegas on Wednesday night. He discussed tax credits to families struggling with mortgages, health care, solar power in Nevada and creating new jobs for teachers nationwide.
Earlier story
Sen. Barack Obama came out swinging, literally, today, speaking to a crowd of thousands of Nevadans at Cashman Center.
Standing on a stage over home plate in the minor-league baseball stadium, the Democratic presidential nominee cocked back in a batter’s pose and gave a couple of check swings, before launching a series of attacks on Republican Sen. John McCain and his former economic adviser Phil Gramm. Obama took McCain to task for a series of remarks he has made in a week that saw Wall Street in crisis.
“He said he would take on the old boys network in Washington. Think about this,” Obama said. “This is someone who has been in Congress for 26 years, someone who put seven of the most powerful lobbyists in Washington in charge of his campaign. And now he tells us he’s the one that will take on the old boys network in Washington. What’s wrong with this picture? The old boys network? In the McCain campaign, that’s called a staff meeting.”
The crowd gave him a standing ovation. The campaign estimated a crowd of 11,000 people. Obama continued.
“We’re not done yet,” he said. “I’m not making this up. You can’t make this up. It’s like a Saturday Night Live routine.”
Obama then mocked McCain for proposing a commission to study the economic crisis.
“We don’t need a commission to tell us how we got into this mess,” he said. “We need a president who will lead us out of this mess, and that’s why I’m running for President of the United States of America.”
Obama said McCain would continue the same economic philosophy of George Bush and Dick Cheney. “What we’ve seen in the last few days is the final verdict on this philosophy,” he said. “It is philosophy that has failed. … It’s time for change, to make some difference in your lives.”
Obama also attacked McCain for seeking to grab the mantle of change that has been the hallmark of his campaign. “I’ve got a track record,” he said. “I’m not a Johnny come lately. I didn’t show up yesterday asking for change. I’ve been talking about change for two years now.”
If elected, Obama promised “to get serious about oversight” and enact “real regulations that will prevent the kind of mess we’re seeing right now.”
Throughout his speech he gave special attention to Latinos, which, he noted, have been hit particularly hard by the foreclosure crisis. Nevada is 24 percent Hispanic, and Obama implored those voters to turn out on Election Day, saying they could make the difference.
He framed the election like this: “We can’t steer ourselves out of this crisis if we’re steering in the same disastrous direction, using the same old map. We can’t steer ourselves out of the crisis, if the new driver is getting directions from the old driver, and that’s what this election is all about.”
(Editor's note: This story originally placed the crowd estimate at 14,000, but the facilities manager later lowered his estimate.)
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I am wondering if Titus was there as one of the "dignitaries"....
Yes all of the Nevada dignitaries, including Titus were out in full force. It was an amazing speech by Barack.
Obama then mocked McCain for proposing a bipartian commission to study the economic crisis.
Meanwhile Pelosi and Reid are starting Democratic Hearing only.
"He said he would take on the old boys network in Washington. Think about this," Obama said.
That would be
-Fannie Mae CEO Jim Johnson,
-Fannie Mae CEO Franklin Raines,
-Robert Rubin, Citigroup's director and executive committee chair, and
-Robert Reich, a former labor secretary during -President Bill Clinton's,
-Harry Reid
-Nancy Pelosi
Thanks. Interesting that he didn't want Derby anywhere near Elko yet Titus was invited in LV. This speaks volumes about both candidates and their placing in the political food chain. Yep - Very interesting, indeedy.
In 1999, under Clinton/Gore/Rubin; Gramm/Leach/Bliley, the 1993 Glass-Steagall Act was repealed with a Senate vote of 90-8.
Reid voted to repeal the firewalls between commercial & investment banks, and insurance operations.
This is the single most important financial Act in the last 30 years, which set up the cascading failures. Reid knew it and called it out over the last several days.
Fannie Mae CEO Jim Johnson, and subsequent Fannie Mae CEO Franklin Raines, drove the effort to buy the bad mortgages from Countrywide and others which set the tipping point for the economic housing crash.
Obama did not have the time in 30 minutes to praise his unregistered lobbyist
-Fannie Mae CEO Jim Johnson,
-Fannie Mae CEO Franklin Raines,
-Robert Rubin, Citigroup's director and executive committee chair, and
-Robert Reich, a former labor secretary during -President Bill Clinton's,
I just can't help but think every time he speaks - I don't trust this guy. I just don't trust this guy.
Obama said
"We can't steer ourselves out of this crisis if we're steering in the same disastrous direction, using the same old map.
We can't steer ourselves out of the crisis, if the new driver is getting directions from the old driver, and that's what this election is all about."
-Harry Reid
-Nancy Pelosi
-David Axelrod
-Fannie Mae CEO Jim Johnson,
-Fannie Mae CEO Franklin Raines,
-Robert Rubin, Citigroup's director and executive committee chair, and
-Robert Reich, a former labor secretary
That's the best you can come up with, Mike G? You don't trust him? Why exactly? I bet I know. You should join the enlightened people and vote for the best ticket for your country. Who you shouldn't trust is John McCain. He has sold his soul to the far right of your party. Ronald Reagan is rolling in his grave. Vote Obama/Biden.
What has Obama done that is so great?
(Please do not say that he won the nomination.)
Thanks for calling to attention the Gramm-Leach-Bliley Financial Services Modernization Act, authored by Republican Phill Gramm. Phill Gramm is now an economic advisor to McCain. Gramm, the man who said anyone complaining about today's economy is a whiner.
Since that law went into effect in 1999, Congress went into permanent recess. That's what is being suggested. The Republicans have been in control since then, and who from that party stood up to correct this legislation? No one. It's the law the lobbyists for the financial institutions were happy to write, and happy to pay the legislators to ignore.
John McCain has spent decades in Washington supporting financial institutions, not the customers of those institutions.
The notion that the Republicans are in no way responsible for this mess, or for fixing it, is quaint.
If you want to know what Obama's policy ideas are, go to www.barackobama.com. Very easy to use website. Also, a great article on his ideas for the economy is here. http://www.nytimes.com/2008/08/24/magazi...
As far as what he's "done that is so great"? He had a multicultural upbringing, lived various places in the U.S. and abroad as a child, has a degree from Columbia, a law degree from Harvard where he was the first black president of the Harvard Law Review and graduated magna cum laude, he was a private sector lawyer, a constitutional law professor, he was an Illinois State Senator for two terms and he is a U.S. Senator. He has also was a community organizer and activist in between undergraduate school and law school, and although this was "mocked" by Republicans, I guarantee you that experience has helped organize the internet "community" that is behind him. He has unflappable temperment and determination and grace and respect. The rest of the world thinks we are idiots in that this is even a contest between the two tickets. And yes, as opposed to what the administration has done in the last eight years, we need to listen to the rest of the world, also, and rebuild some of our frayed allegiances. Hope that is a good enough answer for you.
Comment removed by staff.
equared, chill. Eradicate him? I don't think so.
Defeat him? Yes. Make him irrelevant? Yes.
Here. I'll add a little levity:
I'm a little confused. Let me see if I have this straight.....
If you grow up in Hawaii, raised by your grandparents, you're 'exotic, different.'
Grow up in Alaska eating moose burgers, a quintessential American story.
If your name is Barack, you're a radical, unpatriotic Muslim.
Name your kids Willow, Trig and Track, you're a maverick.
Graduate from Harvard law School, you're unstable.
Attend 5 different small colleges before graduating, you're well grounded.
If you spend 3 years as a brilliant community organizer, become the first black President of the Harvard Law Review, create a voter registration drive that registers 150,000 new voters, spend 12 years as a Constitutional Law professor, spend 8 years as a State Senator representing a district with over 750,000 people, become chairman of the state Senate's Health and Human Services committee, spend 4 years in the United States Senate representing a state of 13 million people while sponsoring 131 bills and serving on the Foreign Affairs, Environment and Public Works and Veteran's Affairs committees, you don't have any real leadership experience.
If your total resume is: local weather girl, 4 years on the city council, 6 years as the mayor of a town with less than 7,000 people and 20 months as the governor of a state with only 650,000 people, then you're qualified to become the country's second highest ranking executive.
If you have been married to the same woman for 19 years while raising 2 beautiful daughters, all within Protestant churches, you're not a real Christian.
If you cheated on your first wife with a rich heiress, left your disfigured wife and married the heiress the next month, you're a Christian.
If you teach responsible, age-appropriate sex education, including the proper use of birth control, you are eroding the fiber of society.
If , while governor, you staunchly advocate abstinence only, with no other option in sex education in your state's school system while your unwed teen daughter ends up pregnant , you're very responsible.
If your wife is a Harvard graduate lawyer who gave up a position in a prestigious law firm to work for the betterment of her inner city community and then gave that up to raise a family, your family's values don't represent America's.
If you're husband is nicknamed 'First Dude', with at least one DWI conviction, no college education, who didn't register to vote until age 25 and once was a member of a group that advocated the secession of Alaska from the USA, your family is extremely admirable.
OK, much clearer now.
revbobdobbs, you forgot "beauty queen" on her resume :)
Mind if I copy your wonderful essay to send to a friend? She's going to love it!
Amen, Rev. Dobbs.
Well, Obama, is finally losing it. He is in a state of mental panic. His latest speeches attack McCain 70% of the time and talk about issues only 30%. Listen and watch closely. Since he made the lipstick comment, he can't even make a speech without a teleprompter. Think about it, who is he? There is so much missing about his life and his associations with the far far left. We do know he is full of hot air and perhaps the best teleprompter reader in our country's history. But like a balloon, he will eventually deflate and hopefully it is before we mistakenly elect him president. I just cannot see Obama, Biden, Pelosi, and Reid given free reins in running our country. It's scary. Please give this election considerable thought as we are in both foreign policy and economic turmoil because of the do nothing Washington politicians of both parties. Get rid of them and start fresh but not with one who may be the beginning of the end of our great nation.
What "track record" does Obama have ?? None that I can see.. A Jr senator with 3 yrs in and has not passed 1 peice of legislation. Obama attacks Sarah Palin for no foreign policy experience??? what experience does HE have ?? Shes only going to be the VP! Obama gave a speech in Germany...and that qualifies him as experienced in foreign affairs? He put on a huge show in the middle east with a 20 car "parade" and that qualifies him ?? Don't think so..
rschreff, your post would appear to indicate that you care about "our great nation", yet I don't see you putting the blame for the not-necessarily inevitable demise of said "great nation" squarely where it belongs. You're very careful to blame "both parties" yet you seem to overlook the simple fact that the entire federal government was run by Republicans for six years and that the bulk of our current state of (sad) affairs is a direct result of that unchecked one-party rule.
Your posted concern with "our great nation" is belied by your use of the right wing standard talking points of "Obama, Biden, Reid and Pelosi" and "far far left".
How is it that you know what Obama's "mental state" is?
One last thing. Palin is much, much better at reading a teleprompter ... and then memorizing and repeating ad nauseum the same exact speech. No concern on your part about that, eh?
For those of you clamoring for some legislative experience of Obama's please see below. It was written by a commentator during the primaries to reveal Obama's legislative history vs Clinton's. I cannot take credit, but unfortunately do not know to whom to give credit. I have left out the parts regarding Clinton's legislative history in the Senate, but suffice to say it did not compare well with Obama's legislative record, all available on the Library of Congress website.
* * *
Now, I would post those of Obama's, but the list is too substantive, so I'll mainly categorize. During the first (8) eight months of his elected service [in the Illinois state senate] he sponsored over 820 bills. He introduced 233 regarding healthcare reform, 125 on poverty and public assistance, 112 crime fighting bills, 97 economic bills, 60 human rights and anti-discrimination bills, 21 ethics reform bills, 15 gun control, 6 veterans affairs and many others.
His first year in the U.S. Senate, he authored 152 bills and co-sponsored another 427. These included
**the Coburn-Obama Government Transparency Act of 2006 (became law),
**The Lugar-Obama Nuclear Non-proliferation and Conventional Weapons Threat Reduction Act, (became law),
**The Comprehensive Immigration Reform Act, passed the Senate,
**The 2007 Government Ethics Bill, (became law),
**The Protection Against Excessive Executive Compensation Bill, (In committee), and many more. In all since he entered the U.S. Senate, Senator Obama has written 890 bills and co-sponsored another 1096. An impressive record, for someone who supposedly has no legislative record. . . . * * *
Go Obama 2008! Posted By: Define Is? | February 07, 2008 at 03:54 PM
I hope this meets with those of your lofty standards for "experience", and if not, at least the standards for "industrious".
Our next president is looking incredible. Young and full of energy, a brilliant mind and ready to work for us.
President Obama is the only one to see us out of this incredible mess that is Bush Cheney
McCain.
Back in 2004 we warded of a depression of our economy if Bush got in again and here it is folks. He has torn up our constitution and wreaked havoc on our economy.
McCain loves this economy, it's fundamentally strong?????? He is over the hill and pandering. Running now on change and reform? He runs to suit the temperature of the day. What an idiot that man has become. Palin is yesterday's news and is as old as moose mucklucks now.
Some people think that Obama is risky. Their position has some validity. But the alternative is pure doom. Bush and McCain have the same handlers. Some readers above have cited the laws that democrats passed in the past that may have contributed to this crisis. That is irrelevant because no law can be perfect. It is this culture of greed that encourages finding loopholes in every law to maximize your own advantage at the cost of others, is what is the cause of problem. And repblicans encourage this culture more.
Ob8
I find it impossible to trust Obama. He outright lied about his stance on NAFTA, and his vote for FISA was disgusting (even Kerry voted against it). He has flipped or compromised on other issues such as drilling and public campaign funding. It's getting to where you can almost make book on how long it will take him to reverse a position after he first states it.
McCain isn't any better to speak of, but at least you know where he's been. It's Palin you have to fear since there is a significant chance she would finish McCain's term. Whereas Bush II is merely a hyprocrite, Palin is a true evangelical. That scares the hell out of me.
Hey boftx...You trust a guy that played the below role sooo well:
http://www.youtube.com/watch?v=3lhomInJ7...
Seriously--Isn't it funny about McCain's calls for regulation coming from a man who championed deregulation for so long. Yes, when he was my senator in AZ for 5 years he really scre*ed us by pushing the deregulation of electricity. Also, Dr. Strangelove, as we used to refer to him, had issues snapping on staffers at times, opening himself up to Leona Helmesly comparisons. Not a populist in the least bit, just an angry troll-like maverick. We all assumed that his experiences overseas played havoc with his ability to maintain emotional stability. Yes, he will reinvigorate the cold war era guaranteed.
Let me tell you why not to vote for Obama he is antigun everything he says he wants to do is the way communist socialist countries govrnment works he supports gays and killing babies. thats good enough reason not to vote for him or anybody like him.
Punctuation, Rodney. It's the new rage.
To fix the problems...Obama is calling .....for.......he is studying the issue....he will get back with a plan in a couple of months......he is asking Reid what to do and Reid is saying "No one knows what to do"
Reid is busying planning for his up and coming vacation.
I think something's missing from this; let's see "antigun" [sic] - check; "communist socialist" - check; "supports gays" - check; "killing babies" - check.
Oh I know!!! Rodney ... you forgot FLAG-BURNING. And you didn't mention the word LIBERAL even once.
Your tired, sad, worn-out talking points have been regurgitated (and I mean that in every sense of the word) since .... well, it seems like forever. Get something new already. Please.
And between Jim & neiman ... this obsession with Reid is really, really, REALLY creepy, guys.
As an American first, and a political partisan a distant second, I'm deeply concerned at the state of our political discourse.
I fault both candidates - particularly John McCain whose ads have gotten so far from the truth as to be laughable. However, I also fault the media for spending more time on every minor verbal gaff a candidate makes, or trying to deify or demonize Sarah Palin, then on the crucial issues; The Iraq War, the economy and taxes, health insurance, etc.
Right now, over 50% of Americans polled believe Barak Obama's plan is to raise their taxes. That's wrong. The non-partisan Tax Policy Center reports that Obama's specific plan "offers much larger tax breaks to low and middle income taxpayers" than John McCain. It also states that for 80% of the population (those making less than $112,000 a year) Obama's tax cuts would more than double those offered by McCain.
So more than 50% of us believe a fundamental untruth about a major policy position of one of our two candidates. That means something is seriously off-track.
It means our political opinions are being formed not by facts, but by attack ads and sound bites. McCain repeats 'he'll raise your taxes' enough times, and people start believing it to be true.
I blame McCain for deceptive advertising, but I also blame Obama for not being clearer and more forceful in stating his positions. However, I also blame the press for not focusing our attention on the key issues and what the candidates actually say about them. (As opposed to what the opposing candidate claims he says).
I had to search far longer for an article with an objective, non-partisan look at each candidate's tax plan, then I did for the most absurdly minute details of Sarah Palin's 20 months as governor of Alaska, or John McCain's 'house' slip up, or opinions of what Obama did or didn't mean by 'lipstick on a pig'.
The same with the Iraq war - a war most American's think was a mistake, that has cost over 4,000 American lives and over a trillion dollars. There's a stark difference between the two candidates - one man supported the war from the start, one has always been against it. Yet that issue takes a back burner in the news to each day's trivial campaign blunders, or half-true attacks and counter attacks.
Personally, I support Barak Obama because I like his policy ideas and where he wants to lead the nation. If someone really knows and likes John McCain's specific ideas I respect that.
What terrifies me is that millions of Americans will vote not based on a considered, thoughtful, truthful understanding of each candidate's stances on the issues that will decide our future, but on the distortions of 30 second attack ads, on knee-jerk reactions to simplistic labels; 'liberal', 'conservative', 'elitist', and on journalism that focuses on the latest bright shiny object, instead of helping Americans fully understand what each of these men intend to do if elected.
"...a law degree from Harvard where he was the first black president of the Harvard Law Review."
No, no he wasn't. He might have been the first BI-RACIAL president of the Harvard Law Review. Barack Obama is NOT black, he's bi-racial. Why do people simply refuse to acknowledge the fact that he had a black father and a white mother, which makes him BI-RACIAL, not black?
LOL Good one Justin. Hey, think we can throw both nominees out and start the primary season all over with new ones?
Well I guess I got the attention of a couple people. Punctuation or not what I say is still the truth. You know the saying truth hurts as we can see from the Flag Burning LIBERAL!!!!
Ah, there you go, Rodney.
Keep trying; you'll get it yet :)
I've seen a lot of misinformation concerning the 1999 legislation. The 1999 legislation (Gramm-Leach-Bliley Financial Services Modernization Act) allowed banks to merge and sell a basket of financial products within the same company. This was done for America's financial industry to stay competitive with the rest of the industrialized world which already allowed this.
The legislation that deregulated banking was the Commodity Futures Modernization Act of 2000. This is the legislation that included the 'Enron Loophole' and banned regulation of credit default swaps.
"It was an especially tense time in Washington. Only two days earlier, the Supreme Court had issued its decision on Bush v. Gore. President Bill Clinton and the Republican-controlled Congress were locked in a budget showdown. It was the perfect moment for a wily senator to game the system. As Congress and the White House were hurriedly hammering out a $384-billion omnibus spending bill, Gramm slipped in a 262-page measure called the Commodity Futures Modernization Act. Written with the help of financial industry lobbyists and cosponsored by Senator Richard Lugar (R-Ind.), the chairman of the agriculture committee, the measure had been considered dead--even by Gramm. Few lawmakers had either the opportunity or inclination to read the version of the bill Gramm inserted. "Nobody in either chamber had any knowledge of what was going on or what was in it," says a congressional aide familiar with the bill's history.
It's not exactly like Gramm hid his handiwork--far from it. The balding and bespectacled Texan strode onto the Senate floor to hail the act's inclusion into the must-pass budget package. But only an expert, or a lobbyist, could have followed what Gramm was saying. The act, he declared, would ensure that neither the SEC nor the Commodity Futures Trading Commission (CFTC) got into the business of regulating newfangled financial products called swaps--and would thus "protect financial institutions from overregulation" and "position our financial services industries to be world leaders into the new century."
Read entire article here : http://www.motherjones.com/news/feature/...
This is the same legislation Senator Reid was referring to when he said "It was Phil Gramm who pushed legislation through a Republican Senate that allowed firms such as Enron to avoid regulation and destroy the life savings of its employees, and it was Phil Gramm's legislation that now has (allowed) Wall Street traders to bid up the price of oil, leaving us to pay the bill," quote taken from here: http://www.reuters.com/article/topNews/i...
FACT: If you earn less than $250,000 a year, Obama will ***LOWER*** your federal income tax - not increase it.
FACT: Your Obama tax cut will be larger than your McCain tax cut.
FACT: McCain gives a multi-millionaire a tax cut that is ***8 times bigger*** than a low income earners tax cut.
See for yourself. Here is proof!!!!!!
Here is a link to a calculator you can use to see how much of a tax break you will get with Obama's plan. (I haven't been able to find one yet for the McCain plan. Why is that????.)
http://alchemytoday.com/obamataxcut/
Here is a link to a very clear tax cut comparison chart. This chart is referenced in many newspapers and magazine articles.
http://www.washingtonpost.com/wp-dyn/con...
Here is the link to get the full 56-page comparison of the two tax plans published by the independent Tax Policy Center.
http://www.taxpolicycenter.org/publicati...
Biden said today it's patriotic to pay higher taxes. This does not bode well for the taxpayer if Obama gets elected.
Obama's tax sham is a shell game.
While he and his hacks "cut" taxes by 2-3 percentage points for the ones NOT making <250K (unless Pelosi / Reid / Rangel (tax cheat) and Dodd (#1 in contributions from Freddie Mac and Fannie Mae - Obama #2)- the electorate pays much more in other, more hidden ways = capital gains taxes, gasoline taxes (remember also, corporations do not pay taxes, their customers DO), sales taxes, retail taxes and just about every tax - other than the one - one may see in their paycheck.
The totality of Obama's "raise every possible tax"(mq) planning won't be revealed until he (god forbid) becomes POTUS.
Obama's plans are socialist shell games.
Obama IS a wonderful soldier of liberal socialist democrat destruction.
BE John Galt!!
What will Obama's draconian capital gain/dividend tax increases do to the stock market, which is already hurting. He could cause our whole economy to tank, causing buisnesses to fail and people to lose their jobs. If you think it's bad now, it could get a lot worst.
the facts are still clear, a vote for McCain is a vote for the same old policies and politics that got us into the present messes: http://www.youtube.com/watch?v=wJThPjvsc...
How does an EMPTY SUIT take a swing at anything????? Followers of this EMPTY SUIT are quite a few sandwiches short of a picnic as in stupid is as stupid does.
Comment removed by staff.
yes the facts are clearboth candidates are full of it i guess it is vote for the one that makes you feel warm and fuzzy because neither one is going to do anything they say their going to.......