tag:blogger.com,1999:blog-15374623.post7317638395552191625..comments2023-11-02T06:43:49.663-04:00Comments on Watergate Summer: McCain's MaCaca Moment and the Post Mortem of the 2nd Presidential Debate....enigma4everhttp://www.blogger.com/profile/06589997090173140019noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-15374623.post-19088646657521463622008-10-09T03:31:00.000-04:002008-10-09T03:31:00.000-04:00Enigma,I'll leave my special wheelbarrow out front...<B>Enigma,</B><BR/>I'll leave my <A HREF="http://www.vyair.com/ProdImages/pink%20wheelbarrow.jpg" REL="nofollow">special wheelbarrow</A> out front for you. *grins*Hairball T. Hairballhttps://www.blogger.com/profile/07406688058887590058noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-51315179334041541372008-10-09T01:04:00.000-04:002008-10-09T01:04:00.000-04:00Unfortunately, Enigma, it's real. Helicopter Ben w...Unfortunately, Enigma, it's real. Helicopter Ben warmed up the presses, fired up the engines of his helicopter fleet, and <A HREF="http://www.latimes.com/news/printedition/front/la-fi-bailout8-2008oct08,0,1413254.story" REL="nofollow">started buying up a trillion dollars in commercial paper</A> (i.e., commercial bonds).<BR/><BR/>Think about it. A *TRILLION* dollars ole' Helicopter Ben Bernanke is tossing out the windows of his helicopter fleet after freshly printin' them up in the basement of the Federal Reserve. (Via the marvels of computers, he doesn't even need paper anymore -- just add a few ones and zeros to computer registers!). <BR/><BR/>BTW, Ben got the nickname "Helicopter Ben" when, asked about the paper I referenced above and posed with the question "what do you do if all the traditional methods of adding liquidity to the system fail," offered "if all else fails, I'll just jump in a helicopter and start throwing money out the window." It was a joke. But not exactly. It was the sort of gallows humor that central bankers engage in when everything looks so bleak that only the unlikely solutions are left.<BR/><BR/>- Badtux the Finance PenguinBadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-36966653047060562772008-10-09T00:14:00.000-04:002008-10-09T00:14:00.000-04:00Badtux...you and Hairball are cracking me up...too...Badtux...you and Hairball are cracking me up...too funny....or is it real ???.....Oh well back to the basement to print more money....hairball can I borrow your wheelbarrow..I need to buy some rice and beans this weekend...thank you...<BR/><BR/>( maybe Badtux will fly over and throw some money at me...)enigma4everhttps://www.blogger.com/profile/06589997090173140019noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-26859264293593544352008-10-08T23:56:00.000-04:002008-10-08T23:56:00.000-04:00Heh. You got it, Hairball. But Enigma asked how we...Heh. You got it, Hairball. But Enigma asked how we were going to pay for all these bailouts, and Helicopter Ben has the answer -- fire up the printing presses, warm up the helicopters, and start throwing money out the windows as you fly along!<BR/><BR/>Thing is, things are so fucked up right now that even *that* might not be enough to avoid a liquidity trap and deflationary spiral, because throwing money out of the windows of a helicopter is a damned inefficient way of getting money to where it's needed...BadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-66008831202675785362008-10-08T23:36:00.000-04:002008-10-08T23:36:00.000-04:00badtux wrote: ""...the U.S. government has a techn...badtux wrote: ""...the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes..." -- Federal Reserve chairman Ben Bernanke, November 21, 2002"<BR/><BR/> I sure hope they print up lots of nice big bills for us to use. Taking a wheelbarrow of $20's to the grocery store to buy a loaf of bread is SO annoying.Hairball T. Hairballhttps://www.blogger.com/profile/07406688058887590058noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-72840633158439142772008-10-08T23:23:00.000-04:002008-10-08T23:23:00.000-04:00or does he have brain mets ? and THIS is why we ne...or does he have brain mets ? and THIS is why we need to see those MEDICAL RECORDS....ALL of them...in detail ???<BR/><BR/>scary...enigma4everhttps://www.blogger.com/profile/06589997090173140019noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-2537110260152583672008-10-08T23:11:00.000-04:002008-10-08T23:11:00.000-04:00It's funny E, but it's also NOT. Is the rigor of t...It's funny E, but it's also NOT. Is the rigor of the campaign trail toasting his brain cells?<BR/><BR/>Does he need a nap or retirement?Franhttps://www.blogger.com/profile/14198689517878201943noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-33989090510602067312008-10-08T21:29:00.000-04:002008-10-08T21:29:00.000-04:00More from MSNBC about McCain's Prisoner Day:::"McC...More from MSNBC about McCain's Prisoner Day:::<BR/><BR/>"McCain brought up last night's debate, and received resounding praise after asking the crowd of over 7,000 how he had done. But today McCain put special emphasis on the rollout of his amended mortgage plan, which is largely an expansion of the housing plan he laid out earlier in the year with a significant increase in scope and costs.<BR/><BR/>The only other mention of yesterday's debate came when McCain hit Obama over his record on earmarks, but McCain made an interesting slip of the tongue before he got to the biggest charge.<BR/><BR/>"You and I together will confront the ten trillion dollar debt that the federal government has run up and balance the federal budget by the end of my term in office," McCain began, making his way to pork barrel spending. "Across this country this is the agenda I have set before my fellow prisoners and the same standards of clarity and candor must now be applied to my opponent."<BR/><BR/>Presumably McCain meant to say 'Americans' not "prisoners," but he didn't catch his mistake and powered on to criticize Obama for avoiding the tough questions in this campaign."enigma4everhttps://www.blogger.com/profile/06589997090173140019noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-39812913013319136702008-10-08T21:20:00.000-04:002008-10-08T21:20:00.000-04:00You all are killing me....too funny...yes...we are...You all are killing me....too funny...yes...we are indeed "ALL Prisoners"....<BR/><BR/>maybe we should all print some money....<BR/><BR/>Good to see you Hairball, Badtux, and Fran...and Blueberry...and Lady Rose....<BR/><BR/>I will be back later...enigma4everhttps://www.blogger.com/profile/06589997090173140019noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-3029121435669413922008-10-08T20:12:00.000-04:002008-10-08T20:12:00.000-04:00"...the U.S. government has a technology, called a..."...the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes..." -- <A HREF="http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021121/default.htm" REL="nofollow">Federal Reserve chairman Ben Bernanke</A>, November 21, 2002BadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-53329513439605625452008-10-08T19:58:00.000-04:002008-10-08T19:58:00.000-04:00With the world economy in a tailspin, who are goin...With the world economy in a tailspin, who are going to borrow from for <A HREF="http://news.yahoo.com/s/ap/20081008/ap_on_go_co/meltdown_pelosi_6" REL="nofollow">this?</A><BR/><BR/><B>Pelosi says $150B economic stimulus plan needed<BR/><BR/>DENVER - House Speaker Nancy Pelosi said Wednesday that a $150 billion economic stimulus plan is needed now because of the faltering economy and she may call the House into session after the election to pass it.</B>Hairball T. Hairballhttps://www.blogger.com/profile/07406688058887590058noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-80671213964588943142008-10-08T19:01:00.000-04:002008-10-08T19:01:00.000-04:00Hey, at least McCain didn't call Obama "boy". For ...Hey, at least McCain didn't call Obama "boy". For someone of his age and party affiliation, that makes him almost progressive!<BR/><BR/>- Badtux the Snarky PenguinBadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-48658051752388718382008-10-08T18:54:00.000-04:002008-10-08T18:54:00.000-04:00My fellow PRISONERS? And Palin behind him nodding ...My fellow PRISONERS? And Palin behind him nodding in agreement!<BR/><BR/>Calling for a standard of clarity!!!!!<BR/><BR/>Ohhhh Ha Haaaaaaaaaa! I dyin' here laughing so hard.Franhttps://www.blogger.com/profile/14198689517878201943noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-76379891694563130402008-10-08T16:18:00.000-04:002008-10-08T16:18:00.000-04:00There is a That One 08 site where you can buy shir...There is a <A HREF="http://thatone08.com" REL="nofollow">That One 08</A> site where you can buy shirts and stuff! I think Macaca Moment is a good analogy. McCain blew it, didn't even stick around for the photo op afterward. Hard to figure. Too angry/bitter/upset? No-talk Express outta there? What?Blueberryhttps://www.blogger.com/profile/17357299403457746440noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-70024050810133937562008-10-08T12:41:00.000-04:002008-10-08T12:41:00.000-04:00Let me start out by saying the *That One '08 l...Let me start out by saying the *That One '08 logo" is hilarious! Lots of folks saying htat comment was condescending & derogatory. A new low for McCain.<BR/><BR/>Overall, I thought the debate was *A Yawner*.<BR/>I did not really hear anything new, other than McCain has gone back to saying *My Friends* in excess.<BR/><BR/>McCains Nuke & Drill plan does make him sound like Mr.Burns from the Simpsons. He & Palin think it's an EXXXXCELLENT idea. Nuke, Drill, Kill, Spill.<BR/><BR/>When asked about Social Security AND Medicare, McCain launched into a walk down memory lane.<BR/>Muttering something about how "easy" that will be & began naming names of other politicians who had previously crafted plans???<BR/>Excuse me Mr. Mccain! We need you to be in the here & now! FOCUS!!!!<BR/>We are in a "perfect storm"--or really, a worst case scenario:<BR/><BR/>• Baby boomer population coming into retirement age & lots of them. Higher demand for SS & Medicare.<BR/><BR/>• Major economic meltdown. Less $$ available.<BR/><BR/>• Health costs sharply on the rise. Higher cost.<BR/><BR/>• Basic cost of living continues to soar.<BR/><BR/>• SS money was already in trouble BEFORE this bailout. It was going to be 2/3 on the dollar. Now with the implosion of the economy, where is this $$ going to come from?<BR/><BR/>• Clearly now the idea of putting Soc Sec $ into wall street investments- stock market is obviously a moot point. The market is unstable.<BR/><BR/>McCain's answer-essentially others have done it with ease in the past was both lame and disturbing.<BR/>He may as well have said I'm going to wave a magic wand over a black hat & try to pull a rabbit out of it. Yea right- Palin can be his scantily clad assistant for this magic act.... wink!<BR/><BR/>Your comment about him betraying his peers (seniors) re Soc Sec $-- well, my friend, you see if you mingle with the oober wealthy, they are not worrying about the breadcrumbs of social security.... they are probably busy getting all their multiple bank accounts that exceed the FDIC guaranteed $100,000 into safer accounts-- as in Swiss, Dubai, etc....<BR/>When you hang with millionaires, social security money is probably pocket change for drinks & gambling at the golf/country club.<BR/>Clearly to McCain, the rest don't matter. Doesn't everybody make a million bucks??<BR/>What's the problem?<BR/><BR/>I just want to vote & be done. Get Obama in office & have some semblance of sanity & dignity at the helm.Franhttps://www.blogger.com/profile/14198689517878201943noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-34709817627334784212008-10-08T12:40:00.000-04:002008-10-08T12:40:00.000-04:00I want a button that says "That One" Obama won th...I want a button that says "That One" <BR/><BR/>Obama won the debate, as I'm sure most of us knew he would.<BR/><BR/>My concern now is the shady McCain Stormtroopers and what they might be up to on election day.Cynthia Rosehttps://www.blogger.com/profile/11499286104507733785noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-88476406322039266132008-10-08T11:54:00.000-04:002008-10-08T11:54:00.000-04:00Torrance::you just missed the McCoot at his worst....Torrance::<BR/>you just missed the McCoot at his worst...and Brokaw at his worst...and Obama did fine...really presidential....but we blogged it...( if you want to read that....some of the comments are pretty funny...and spot on)....<BR/><BR/>Dean::<BR/>yeah...I think that was the last debate we will see Tom BrokenKaw Moderate...yup.....done...( some of the papers were pretty harsh on him- harder than the candidates...but I am not sympathetic...he was horrible)Thanks for your input last night...enigma4everhttps://www.blogger.com/profile/06589997090173140019noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-27391329262085984532008-10-08T11:37:00.000-04:002008-10-08T11:37:00.000-04:00i aint even watch the debatei aint even watch the debateAll-Mi-T [Thought Crime] Rawdawgbuffalohttps://www.blogger.com/profile/08843040863123899426noreply@blogger.comtag:blogger.com,1999:blog-15374623.post-8889297944395326702008-10-08T11:28:00.000-04:002008-10-08T11:28:00.000-04:00Nice summary.One thing that I haven't seen mention...Nice summary.<BR/><BR/>One thing that I haven't seen mentioned in regards to how Brokaw framed that Social Security question as "OMFG if we don't do something right away we're all going to die!" It doesn't do any good to take questions from regular people if you're going to let one of the village idiots choose which ones will be asked.Dean Wormerhttps://www.blogger.com/profile/06214049238722718299noreply@blogger.com