Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

McCain says will vote against Bernanke

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
ElmoBlatz Donating Member (149 posts) Send PM | Profile | Ignore Mon Jan-25-10 03:34 PM
Original message
McCain says will vote against Bernanke
Source: Reuters

WASHINGTON (Reuters) - Republican Senator John McCain said on Monday he will vote against the nomination of Ben Bernanke to serve another term as chairman of the U.S. Federal Reserve.

In a statement, McCain said he appreciated Bernanke's service but "I believe that he must be held accountable for many of the decisions that contributed to our financial meltdown."

"Therefore, I plan to oppose Chairman Ben Bernanke's confirmation for a new term as Federal Reserve chairman," he said.

McCain, who is up for re-election this year in his home state of Arizona, had been leaning against Bernanke, who is facing a tight Senate vote on his confirmation but seems likely to be approved.



Read more: http://www.reuters.com/article/idUSTRE60O4KJ20100125?ty...



Interesting contrast to Kerry
Printer Friendly | Permalink |  | Top
no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:35 PM
Response to Original message
1. And McCain would likely vote FOR Bernanke if Obama didn't want him re-elected.
Printer Friendly | Permalink |  | Top
 
notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:00 PM
Response to Reply #1
5. If McCain had won the election
He'd have re-nominated Bernanke.

But he's up for re-election this year, with a very ugly primary and terrible poll numbers, and if he was ever good at anything it was knowing which way the wind was blowing.
Printer Friendly | Permalink |  | Top
 
Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:05 PM
Response to Reply #5
6. He is being challenged from the right so you are correct.
Printer Friendly | Permalink |  | Top
 
karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:10 PM
Response to Reply #5
8. In the primary, his numbers are pretty good
He's about 20 points ahead - after last week, we know how numbers can change, but that's not terrible - http://tpmdc.talkingpointsmemo.com/2010/01/poll-mccain-...

(this may be the mirror image of some RW posts in 2008, that Kerry would lose either the general election or primary)
Printer Friendly | Permalink |  | Top
 
notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:16 PM
Response to Reply #8
9. Interesting
Last numbers I saw for him were in the "incumbent in trouble" range. I wonder why his numbers rose?
Printer Friendly | Permalink |  | Top
 
No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:04 PM
Response to Reply #8
28. Yep. Coakley lost a 31 point lead in less than a month.
Printer Friendly | Permalink |  | Top
 
Tiggeroshii Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:45 PM
Response to Reply #1
20. I have the feeling too that if Obama were a Senator instead of president, he'd also be voting agains
Edited on Mon Jan-25-10 05:46 PM by Tiggeroshii
t Bernanke.

It's interesting how one's position seems to affect one's decisions.
Printer Friendly | Permalink |  | Top
 
CynicalObserver Donating Member (157 posts) Send PM | Profile | Ignore Mon Jan-25-10 08:22 PM
Response to Reply #1
27. Bernanke and Paulson should both be facing criminal investigation
for what apparently would constitute a conspiracy by the fed and treasury to mislead BAC shareholders about the material adverse issue at merrill.
Printer Friendly | Permalink |  | Top
 
BeyondGeography Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:35 PM
Response to Original message
2. Hey, Boxer and Cornyn agree on this one...Bernanke for President
A more bipartisan figure you will not find.
Printer Friendly | Permalink |  | Top
 
RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:35 PM
Response to Original message
3. Which makes it a 50/50 proposition.
Printer Friendly | Permalink |  | Top
 
politicasista Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:36 PM
Response to Original message
4. So he is a hero, while other Dems here are trashed for supporting him?
Weird.
Printer Friendly | Permalink |  | Top
 
GodlessBiker Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:06 PM
Response to Original message
7. That broken clock saying is appropriate here.
Printer Friendly | Permalink |  | Top
 
pjt7 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:25 PM
Response to Reply #7
10. McCain get's a thumbs up
for this one.
Printer Friendly | Permalink |  | Top
 
Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:26 PM
Response to Original message
11. During his candidacy McCain
said he didn't know much about economics when asked what he would do about the collapsing economy. OK, let's say he knows some other stuff. And in all fairness, it was the beginning of the recession. But he has established himself as unqualified to hold an opinion.
Printer Friendly | Permalink |  | Top
 
WriteDown Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:30 PM
Response to Reply #11
12. Not sure if the guys who "know" economics actually "know" economics, please see illustration
Printer Friendly | Permalink |  | Top
 
Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:33 PM
Response to Reply #12
13. Well....
I can't argue with that!
Printer Friendly | Permalink |  | Top
 
cartach Donating Member (361 posts) Send PM | Profile | Ignore Tue Jan-26-10 03:57 AM
Response to Reply #11
32. I may be wrong but
I recall that McCain said at the time that there was was nothing wrong with the economy of the US. During the fallout from that statement I remember wondering what all the fuss was about because I had interpreted what he had to say as there was 'basically' nothing wrong with the economy implying that it would recover as it has many times in the past. That's what I would have meant if somebody had asked me to make a statement at the time, and if he would have clarified what he said he would have avoided a lot of the negative reaction. Somehow,and I'm certainly no fan of McCain's, I still think that's he meant. Unless of course he's dumber than I think and that's not much of a stretch.
Printer Friendly | Permalink |  | Top
 
Alexander Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:43 PM
Response to Original message
14. I never thought I'd find myself agreeing with McCain and disagreeing with Obama.
But there you have it.
Printer Friendly | Permalink |  | Top
 
Divine Discontent Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:47 PM
Response to Reply #14
21. painful ain't it???!!!
Printer Friendly | Permalink |  | Top
 
Alexander Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 06:13 PM
Response to Reply #21
23. I guess I can take comfort in the fact that Feingold, Sanders and Boxer also oppose Bernanke.
Printer Friendly | Permalink |  | Top
 
riverdale Donating Member (881 posts) Send PM | Profile | Ignore Mon Jan-25-10 11:15 PM
Response to Reply #21
31. And we have arrived here.
McCain is more liberal than Obama, and better at dealing with a financial crisis.
Printer Friendly | Permalink |  | Top
 
high density Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:49 PM
Response to Original message
15. huh?
One side tells me Bernanke saved us from disaster, the other side tells us he contributed to the meltdown. McCain's calendar of events seems a bit off. If anything, most of the blame the Fed should take for the meltdown comes from Greenspan.
Printer Friendly | Permalink |  | Top
 
SlingBlade Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 04:56 PM
Response to Original message
16. Huh, Imagine That .... John McCain Will ....
"will vote against", Something !

And Now in other Breaking News ..... :sarcasm:
Printer Friendly | Permalink |  | Top
 
pjt7 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:20 PM
Response to Reply #16
17. Bernanke saves us from financial disaster
exactly in the same manner that Cheney/Bush saved us from terrorism.
Printer Friendly | Permalink |  | Top
 
emsimon33 Donating Member (904 posts) Send PM | Profile | Ignore Mon Jan-25-10 05:23 PM
Response to Reply #17
18. Well said!!!!!
lol
Printer Friendly | Permalink |  | Top
 
SlingBlade Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 05:47 PM
Response to Reply #17
22. Yep, Good Comparison
Printer Friendly | Permalink |  | Top
 
OllieLotte Donating Member (495 posts) Send PM | Profile | Ignore Mon Jan-25-10 05:24 PM
Response to Original message
19. I'd like to see him lose his senate seat.
McLame thinks that he's smarter and liked more than he really is. Off course, the guy in the mirror believes that as well.
Printer Friendly | Permalink |  | Top
 
eringer Donating Member (338 posts) Send PM | Profile | Ignore Mon Jan-25-10 06:39 PM
Response to Original message
24. I hope that running against JD Hayworth breaks him
Neither of these bozos have any respect for our president. Let them slug it out and hope that the biggest teabagger, birther bigot comes out on top. I put my money on the Democrat running against the winner. Arizona is broke and needs all the Federal money it can muster and I can't imagine either McShame or "hay" Worthless promising to go after one dime that they can't stuff directly in their pockets.

Printer Friendly | Permalink |  | Top
 
emilyg Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 07:39 PM
Response to Original message
25. Good.
Printer Friendly | Permalink |  | Top
 
bamacrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 08:02 PM
Response to Original message
26. How transparent.....
Edited on Mon Jan-25-10 08:03 PM by bamacrat
If Obama wants it then McCain and the right do not. Just sucks when the wrong guys are right. Rarely happens but can occasionally.
Printer Friendly | Permalink |  | Top
 
Name removed Donating Member (0 posts) Send PM | Profile | Ignore Mon Jan-25-10 09:05 PM
Response to Original message
29. Deleted message
Message removed by moderator. 
[link:www.democraticunderground.com/forums/rules.html|Click
here] to review the message board rules.
 
unkachuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:18 PM
Response to Original message
30. it's a strange world....
....we live in when gramps will shoot down bennie but many prominent Dems won't....
Printer Friendly | Permalink |  | Top
 
defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:58 AM
Response to Original message
33. hmmmm..... ???
Printer Friendly | Permalink |  | Top
 
No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 06:09 AM
Response to Original message
34. McCain who?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun Dec 28th 2014, 06:16 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC