Obama's Economic Adviser on the Crisis

[ProSense]

Monday, September 15, 2008

Obama's Economic Adviser on the Crisis

“The core issue is pretty easy to understand,” Obama’s senior economic adviser, Austan Goolsbee, told Politico. “We've just spent the last eight years operating on the premise that the government shouldn't be in the business of setting the rules of the road. We're going to make clear that this is what happens when you follow this philosophy, and it's the same philosophy,” he said.

Goolsbee called an ad McCain released Monday promising “tougher” regulation “pretty cheeky.” “McCain spent the last year-and-a-half either saying nothing or espousing sympathy for the viewpoint that government oversight and regulation were the problem,” he said.
....
The financial crisis has also raised an uncomfortable specter from McCain’s past: The last American financial meltdown, the savings and loan crisis of the late 1980s and early 1990s. Then, McCain fought regulation while cultivating friends in the savings and loan industry, and narrowly escaped an end to his political career in the indictment of a wealthy supporter, Charles Keating.

Democrats Monday were eager to recall the scandal. “Obviously McCain got his Ph.D. in market meltdowns from Professor Charles Keating,” said Jim Jordan, a Democratic consultant.

[ProSense]

1. This is good stuff:

Obviously McCain got his Ph.D. in market meltdowns from Professor Charles Keating

[MichDem10]

3. Zing!!!

[ProSense]

5. That comment needs to be repeated often. n/t

[Cha]

9. Now there's a soundbite that needs

to viral!

[nc4bo]

12. We need to run with that oneliner. nt

[Ichingcarpenter]

2. There is so many sound bites just from this spring from McCain on Deregulation

Cure Solutions to everything, they really need to get some ads together
with McCain putting his foot in his mouth.

[liberalla]

4. Pretty cheeky is right!

"The financial crisis has also raised an uncomfortable specter from McCain’s past: The last American financial meltdown, the savings and loan crisis of the late 1980s and early 1990s...."


Love it! And don't forget, the bushies were up their eyeballs in that savings and loan crisis of the 80's & 90's too.

Another way to tie bush and McSame together!

[Overseas]

6. Candidate McSame has opposed regulation all these years, with his fab adviser Phil Gramm.

Hope more people see through this campaign season fakery of his, promising to curb Wall Street

because his LIKELY TREASURY SECRETARY, Phil Trickle-Down Gramm, can't stand those awful regulations.

[nc4bo]

7. Do I smell an ad on the horizon? Keep laying that groundwork - use good cement, can't wait!! nt

[Cha]

8. Rec'd~ This is the nuts and bolts of

our campaign. This is it people..the Economy!

[Omnibus]

10. McKeating/Palin '08! nt

[Coexist]

11. zing!