Progessive Counter Points to Credit Crisis

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Thursday October 02, 2008 · 4:10 PM PDT

2008/10/02 · 16:10

I've been watching with astonishment as right wing nut cases have been pushing the blame for the credit crisis to minority homeowners and Freddie and Fannie Mac.

How convienient for conservatives that the two reasons were are in this mess have to do with either people associated with or supporting Democrats (e.g. poor blacks and hispanics) or government entities that conservatives hate.

But these are all false.

Yes, Freddie and Fannie Mac and minority homeowners were involved but that's like there being a raging fire in a forest and blaming the trees and the leaves for starting the fire.

I would just like to put down some talking points so we can all get on the same page and we can write to the local newspapers expressing our points.

afr114

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Tuesday September 30, 2008 · 10:42 PM PDT

2008/09/30 · 22:42

The other day the Dow fell 777 points - the larget drop in its history; Washington Mutual, the largest savings and loans, went bust and its deposit base was sold by the FDIC to JP Morgan Chase. John McCain has lost all of his momentum coming out of the Republican convention and none of his silly ads and lies about Obama are being absorbed by voters in the past few news cycles - remember he was very successful, in my opinion, in controling the news cyle but with real news for pundits and newsman to talk about and to sensationalize being available. It drowns out McCain's political noise.

What happened?

Two words: Credit Crisis.

If anyone listens to "This American Life". They had a recent show that best explained the credit crisis and how it happened.

In this diary, I will try my best to paraphrase it and here's the link to the transcript for all of you to read and I do suggest you read it.

afr114

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Tuesday September 30, 2008 · 3:01 PM PDT

2008/09/30 · 15:01

Watching the lack of Republican leadership this past week got me thinking about the great Senators of the past and how they were able to get things done, while it seems that in our moden politics, we seldom can address and fix many of the nation's urgent problems.

A little off topic but back in 1957, Senator John F. Kennedy headed a committee that selected five senators as the nation's greatest. They were the following:

afr114

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Thursday September 25, 2008 · 1:59 PM PDT

2008/09/25 · 13:59

The framework for the bailout has been announced and they would be the following:

afr114

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Wednesday September 24, 2008 · 12:32 PM PDT

2008/09/24 · 12:32

I think the Obama camp just got suckerpunched.

Poll

338 votes Show Results

Should Obama quit campainging

338 votes Vote Now!

Should Obama quit campainging

No, Do what Reagan did.

307 votes

Yes

5 votes

Not Sure

18 votes

Who Cares

8 votes

Ralph Nader polling at 4% in Ohio

afr114

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Monday September 22, 2008 · 11:12 AM PDT

2008/09/22 · 11:12

This is from the Ohio Newspaper Poll. Please see link HERE

I know this is one poll and I don't want to seem like chicken little but I do hope we can refocus some energy and make some phone banking calls to Ohio.

Let's try and convince some of the Naderites.

Poll

45 votes Show Results

What will you do?

45 votes Vote Now!

What will you do?

Phone Bank

17 votes

Donate

15 votes

Go Door to Door

13 votes

UPDATE: Ralph Nader's 10 Point Plan For Financial Crisis

afr114

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Thursday September 18, 2008 · 10:33 AM PDT

2008/09/18 · 10:33

I understand that many people may not like Ralph Nader. Personally, I will not vote for him this election and I am an Obama supporter BUT I do admire the man.

I think he has a very keen understanding of corporations and the way capaitlism works and so I always enjoy his commentary on these subjects.

He came out with a press release about how he plans on handling the current financial crisis and I thought it would be a good idea to post these points and to start a conversation on which parts sounds like a good idea and which don't.

UPDATE: I understand that MANY and I mean MANY people are bitter about him for Bush but please don't ignore the ideas. These ideas may be helpful to move the Democratics agenda.

afr114

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Wednesday September 17, 2008 · 9:34 AM PDT

2008/09/17 · 09:34

I recieved this in my email from the Obama team and I didn't see any diaries with it so I thought I share this with the KOS community.

afr114

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Tuesday September 16, 2008 · 6:13 AM PDT

2008/09/16 · 06:13

I wanted to write this diary to bring attention to the KOS community of a wonderful website that I found that is very interesting and deals with Political Advertisement.

The Musuem of the Moving Image has uploaded every political ad since 1952, in a section of their website called The Living Room Candidate.

Please find the LINK here to that section of the website.

afr114

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Monday September 15, 2008 · 8:10 PM PDT

2008/09/15 · 20:10

Buried in the pages of the Wall Street Journal was a story about New Jersey's state pension fund.

afr114

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Wednesday September 10, 2008 · 10:49 AM PDT

2008/09/10 · 10:49

With John McCain lying and surrending any shred of decency he has left to make pathetic attacks ads like this:

I think it's time to hit them back with the old-school Democratic way of doing politics.

afr114

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Thursday September 04, 2008 · 7:54 AM PDT

2008/09/04 · 07:54

Detroit Mayor Kwame Kilpatrick resigned today.

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Progessive Counter Points to Credit Crisis

The Credit Crisis, made easy to understand

Vote for the Greatest Senator

The Bailout Principals

Update: McCain suckerpunches Obama

Ralph Nader polling at 4% in Ohio

UPDATE: Ralph Nader's 10 Point Plan For Financial Crisis

BREAKING:Obama's Strategy Update

UPDATE: Political Advertisement since 1952

Obama NEEDS to talk about THIS

The type of Democratic AD I'd like to see

BREAKING: DETROIT MAYOR RESIGNS