McCain - Obama

[UAL_TECH]

(In alphabetical order)

Linky ---> McCain Issues

Linky ---> Obama Issues

Hey Mods! Can we 'multithread' on the subject?

B) xUT

 

[UAL_TECH]

Immigration:

http://www.barackobama.com/issues/immigration/

Bring People Out of the Shadows
Obama supports a system that allows undocumented immigrants who are in good standing to pay a fine, learn English, and go to the back of the line for the opportunity to become citizens.

Undocumented immigrants that are in 'good standing'? :wacko:
How can an 'undocumented immigrant' who uses false ID and lies about their status be in 'good standing'?

Come on People, help me out here!

B) xUT

 

[UAL_TECH]

http://www.johnmccain.com/Informing/Issues...70dd8416efa.htm

:wacko:

JMHO, We are F###ed!

B) xUT

 

[KCFlyer]

Obama has tried this. I watched a speech he was giving in Golden Colorado yesterday, using the events of the past couple of days ( for those of you not watching at home, that would be the near meltdown of the financial industry)...and the "bailout" of AIG to the tune of $84 BILLION of your and my dollars (well...China's actually - we had to BORROW to do that). McSame called him a "political opportunist". Gee....federal government bailing out banks and insurers and that's not an issue???? What DOES McSame consider an "issue"?

 

[Tug McGroin]

Obama has tried this. I watched a speech he was giving in Golden Colorado yesterday, using the events of the past couple of days ( for those of you not watching at home, that would be the near meltdown of the financial industry)...and the "bailout" of AIG to the tune of $84 BILLION of your and my dollars (well...China's actually - we had to BORROW to do that). McSame called him a "political opportunist". Gee....federal government bailing out banks and insurers and that's not an issue???? What DOES McSame consider an "issue"?

On May 25, 2006, McCain spoke on behalf of the Federal Housing Enterprise Regulatory Reform Act of 2005:

Mr. President, this week Fannie Mae’s regulator reported that the company’s quarterly reports of profit growth over the past few years were “illusions deliberately and systematically created†by the company’s senior management, which resulted in a $10.6 billion accounting scandal.

The Office of Federal Housing Enterprise Oversight’s report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae’s former chief executive officer, OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.

The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator’s examination of the company’s accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.

For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac–known as Government-sponsored entities or GSEs–and the sheer magnitude of these companies and the role they play in the housing market. OFHEO’s report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO’s report solidifies my view that the GSEs need to be reformed without delay.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

I urge my colleagues to support swift action on this GSE reform legislation.

http://www.govtrack.us/congress/record.xpd...lElementm0m0m0m

McCain predicted the entire collapse that has forced the government to eat Fannie Mae and Freddie Mac, along with Bear Stearns and AIG. He hammers the falsification of financial records to benefit executives, including Franklin Raines and Jim Johnson, both of whom have worked as advisers to Barack Obama this year. McCain also noted the power of their lobbying efforts to forestall oversight over their business practices.

It never made it out of committee.

Chris Dodd, then the ranking member of the Banking Committee and now its chair, was in the middle of receiving preferential loan treatment from Countrywide Mortgage, one of the companies gaming the system in the credit crisis. Meanwhile, Barack Obama took hundreds of thousands of dollars from the lobbyists McCain mentions in this speech, making him the #2 recipient of Fannie/Freddie money.

Obama Ranks Second In Freddie/Fannie Contributions

Open Secrets has the list of Congressmen who have benefited from Fannie Mae/Freddie Mac largesse since 1989 (inclusive). Remarkably, after only serving less than four of those 20 years, Barack Obama has vaulted to the #2 position on Capitol Hill. Only Dodd outstripped him. He took more than six times the amount that McCain received in a 20-year period.

The record shows that McCain saw the problem coming and tried to get Congress to act. In 2005, both McCain and Obama served together in the Senate. Did Obama attempt to pass this reform, sign on as a co-sponsor, or even speak out in its favor? The record is tellingly blank.

 

[Tug McGroin]

A Responsible, Phased Withdrawal

Barack Obama and Joe Biden believe we must be as careful getting out of Iraq as we were careless getting in. Immediately upon taking office, Obama will give his Secretary of Defense and military commanders a new mission in Iraq: ending the war. The removal of our troops will be responsible and phased, directed by military commanders on the ground and done in consultation with the Iraqi government.

http://www.barackobama.com/issues/iraq/#phased-withdrawal

According to Iraqi Foreign Minister Hoshyar Zebari, Obama made his demand for delay a key theme of his discussions with Iraqi leaders in Baghdad in July.

“He asked why we were not prepared to delay an agreement until after the US elections and the formation of a new administration in Washington,â€￾ Zebari said in an interview.

Obama insisted that Congress should be involved in negotiations on the status of US troops - and that it was in the interests of both sides not to have an agreement negotiated by the Bush administration in its “state of weakness and political confusion.â€￾

OBAMA TRIED TO STALL GIS' IRAQ WITHDRAWAL

Obama tried to convince the Iraqis to end the negotiations and instead ask the UN for another one-year extension to the current mandate. That would have left US troops in current position for another year, but more importantly, would have provided the US a diplomatic setback that Obama could have exploited on the campaign trail.

It wasn’t enough for Obama to fail at forcing the nation into a defeat in Iraq when he opposed the surge. Now he has interfered with our efforts to stabilize Iraq and provide for its security after the surge succeeded in keeping Iraq from falling into a failed state.

 

[Tug McGroin]

Obama has tried this. I watched a speech he was giving in Golden Colorado yesterday, using the events of the past couple of days ( for those of you not watching at home, that would be the near meltdown of the financial industry)...and the "bailout" of AIG to the tune of $84 BILLION of your and my dollars (well...China's actually - we had to BORROW to do that). McSame called him a "political opportunist". Gee....federal government bailing out banks and insurers and that's not an issue???? What DOES McSame consider an "issue"?

Yesterday, during a campaign rally in Pueblo, Colorado, Obama made a joint appearance, not with Joe Biden or Senate candidate Mark Udall, but with a more critical member of his campaign – his Teleprompter. LOL

http://politicalticker.blogs.cnn.com/2008/...hits-the-trail/

 

[UAL_TECH]

Collusion

:down: