Comments on: Democratic Cognitive Dissonance

By: Icy Truth

Icy Truth — Wed, 17 Sep 2008 17:52:04 +0000

Any time there is a two-term president leaving office, running on a “change” ticket makes sense. If the Dems had produced a better candidate in ‘88 they probably would have stalled Bill Clinton’s political ambitions.

By: EdWood

EdWood — Wed, 17 Sep 2008 17:34:21 +0000

#16 Yah C. Norris, but who are the rats? Or an even more depressing question, are any of them NOT rats?

In any election when times are bad and incumbents are all being accused of corruption or incompetence, any ambitious pol would, of course, run on a “change” or “reform” ticket.

By: C. Norris

C. Norris — Wed, 17 Sep 2008 15:55:17 +0000

“Capitalism has failed, the solution: me”.
Comment by Genny — 9/17/2008 @ 7:52 am

I would imagine that this current zeitgeist is different, only by degree, to the public economic uncertainties in the Germany of the early 1930’s. Fear tends to let the rats enter by the front door and they are usually well dressed and well spoken.

By: Genny

Genny — Wed, 17 Sep 2008 14:52:45 +0000

This is the scariest thing I’ve seen so far:

http://www.theobamafile.com/ObamaLatest.htm

Capitalism has failed, the solution: me

By: JD

JD — Wed, 17 Sep 2008 14:25:36 +0000

The kind of cognitive dissonance that Karl has pointed out above should be visibly painful.

By: Karl

Karl — Wed, 17 Sep 2008 14:22:45 +0000

Related flashback to May:

AIG shareholders gathered for the big insurer's annual meeting in New York on Wednesday, and the mood wasn't cheery. After a three-year experiment in Eliot Spitzer-imposed management that has cost them billions, more than a few shareholders were pining for the days of former CEO Hank Greenberg... A careful and lengthy look at the evidence available so far suggests... that the AIG case, like so many others that Mr. Spitzer brought, was an example of prosecutorial excess. Instead of uncovering some great fraud by a titan of industry, its main result has been to damage the company, and harm innocent managers and shareholders.

Name that party!

By: Karl

Karl — Wed, 17 Sep 2008 13:56:59 +0000

If you want cognitive dissonance, one need go no further than to note that at the final link, Pelosi blames deregulation that she voted for.

By: JD

JD — Wed, 17 Sep 2008 12:19:03 +0000

We have been able to buy a couple of foreclosures at great deals. In a few years, maybe this downturn will turn out to be an opportunity for us.

By: voiceofreason2

voiceofreason2 — Wed, 17 Sep 2008 11:00:28 +0000

#7 People who have just retired may not see this as such a good thing as you noted. As for the severity I would recommend reading this article. No need to panic but lots of good reasons to be concerned.

By: xerocky

xerocky — Wed, 17 Sep 2008 10:36:14 +0000

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' Representative Melvin L. Watt, Democrat of North Carolina, agreed. ''I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,'' Mr. Watt said. But still Barack blames Bush for the slack oversight. The audacity!