See complete forecast
You are not logged in. (Log in • Create account)
Copy and paste the link:
31 August 2008 at 8:28 a.m.
Was it a good pick or bad? Just another pretty face? Or Good Politician. Under investigation for what in Alaska?
All these questions need answers does anybody have them?
7 September 2008 at 8:01 p.m.
Phil Gramm stood by John McCain in his worst days last summer when his campaign went broke and his candidacy was all but written off by political observers. Photo: AP
The general co-chairman of John McCain's presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to today's economic turmoil.
“A regulatory structure set up for banks in the 1930s needed to change because the nature of business had changed,” the Illinois senator running for president said in a New York economic speech. “But by the time [it] was repealed in 1999, the $300 million lobbying effort that drove deregulation was more about facilitating mergers than creating an efficient regulatory framework.”
Gramm's role in the swift and dramatic recent restructuring of the nation's investment houses and practices didn't stop there.
A year after the Gramm-Leach-Bliley Act repealed the old regulations, Swiss Bank UBS gobbled up brokerage house Paine Weber. Two years later, Gramm settled in as a vice chairman of UBS's new investment banking arm.
Later, he became a major player in its government affairs operation. According to federal lobbying disclosure records, Gramm lobbied Congress, the Federal Reserve and the Treasury Department about banking and mortgage issues in 2005 and 2006.
During those years, the mortgage industry pressed Congress to roll back strong state rules that sought to stem the rise of predatory tactics used by lenders and brokers to place homeowners in high-cost mortgages.
For his work, Gramm and two other lobbyists collected $750,000 in fees from UBS's American subsidiary. In the past year, UBS has written down more than $18 billion in exposure to subprime loans and other risky securities
McCain is clueless…he said so himself…..”I don't understand the economy”….”but I have advisors”.
11 September 2008 at 1:46 p.m.
She seems like a nice person, but that doesn't mean I am going to vote for her. When are the candidates going to talk about issues and quit over-reacting and/or spinning comments to make the other guy look bad? I'm getting tired of both of them! Tell me your plans to make things better!!!!
21 October 2008 at 6:21 a.m.
Our beautiful soon to be Vice President Sarah Palin is also would be better at leading our nation in the future after a McCain Presidency than Senator Barak Obama would be in leading our nation in the future starting in January 2009 because of three areas which are as follows: ideology , experience, and accomplisments. Ideologically she is a conservative. Experientially she has two years of executive administrative governing experience . When it comes to accomplishments she accomplished 3 major things which are as follows: government reform, the state budget and the economy, and wise use of natural resources. She reformed government by standing up to the big oil companies by breaking up the monopoly on power and resources. She insisted on competition and basic fairness which ended the control that the oil companies had on the state, and thereby returning control of the state back to the people. She lead well in the state budget by generating a surplus which came about by vetoing a half billion dollars of wasteful spending. Economically under her leadership she brought about the largest private-sector infrastructure project in North American history. She also suspended the state fuel tax, and when oil and gas prices went up dramatically, and filled up the state treasury, she sent a large share of that revenue back where it belonged - directly to the people of Alaska . On natural resources she has shown great leadership by beginning a nearly forty billion dollar natural gas pipeline to help lead America to energy independence, so please vote John McCain for President and give to our beautiful soon to be Vice President Sarah Palin the opportunity that she deserves leading the nation into the future after a John McCain presidency.
22 October 2008 at 5:35 a.m.
AND you can see Russia from her house!
22 October 2008 at 11:12 a.m.
Calling her the “soon to be VP” is somewhat presumptive considering Obama has a 10 point edge in a poll of likely voters 52%-42%. Most pundits agree that unless Obama does something stupid or an 11th-hour bombshell drops the election is his to lose.
30 October 2008 at 5:02 a.m.
Ask yourself this. Obama sought out “Joe the Plumber” to ask him a question. When “Joe the Plumber” asked a tough question Obama didn't like, Obama had him “investigated.” So I guess you had better watch out what you say around this guy because if you are the least bit questioning, you too will be investigated! Good luck, America, if we end up with this Marxist in the White House! Say goodbye to personal liberty and hello to “big brother” and being beholden to the government for all your needs. Remember, the only place democrats are willing to drill is in your pocketbook! We will see real change in 2012.
Requires free craigdailypress.com registration.
Register or log in below.
(Forgot your password?)
Read our full policy. Also, read about
banned accounts and harassing comments.
or see results without voting.
This site is best viewed with
or the latest version of Internet Explorer
Contents of this site are © Copyright 2013 Craig Daily Press. All rights reserved.