Not the same at all! The man inherited a national crisis,,,,,,sm

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...Clinton's mess, not the least of which was the setup for 9/11. Its effect on our economy is also a factor in our current problems. Every president gets to deal with the other guy's leavings. It was FDR's continual tinkering with our economy (let's try this; no, let's try that; now let's try something else) which prolonged the Great Depression for a decade. Sometimes the best thing to do is....nothing!

Bush was wrong, as well, to fall in with the we've-got-to-do-SOMETHING crowd. But the pork-loaded *stimulus* package that has been passed is just a crime.

So, give Obama more time to prove himself? If somebody puts his hand in my pocket, I'm pretty sure it's to take some thing out, not to give me a gift. And if he were giving me a gift, I would prefer it not be something he just extracted from somebody ELSE's pocket.

(Not to split hairs, but Obama has been in office 4 weeks, unless you count his term back to the election.)

(CNN) � The global economy may be undergoing a significant downturn, but the White House's dinner budget still appears flush with cash.

After all, world leaders who are in town to discuss the economic crisis are set to dine in style Friday night while sipping wine listed at nearly $500 a bottle.

According to the White House, tonight's dinner to kick off the G-20 summit includes such dishes as "Fruitwood-smoked Quail," "Thyme-roasted Rack of Lamb," and "Tomato, Fennel and Eggplant Fondue Chanterelle Jus."

To wash it all down, world leaders will be served Shafer Cabernet �Hillside Select� 2003, a wine that sells at $499 on Wine.com.

The exceedingly pricey wine may seem a bit peculiar given leaders are in Washington to discuss a possible world financial meltdown, but Sally McDonough, a spokeswoman for Laura Bush, said it "was the most appropriate wine that we had in the White House wine cellar for such a gathering.

McDonough also said the White House purchased the wine at a "significantly lower price" than what it is listed at.

"Of course the White House gets its wine at wholesale prices," she said. "Given the intimate size of the group, it was an appropriate time for The White House to use this stock."

The leaders of the U.K., France, Russia, China, India, Brazil, Saudi Arabia, South Africa, Turkey and 11 developing economies have all come to Washington at the behest of President Bush in an effort to express confidence in the fundamental underpinnings of the world's economy.

SUGGESTED SOLUTION TO CARMAKER'S CRISIS, AS WELL AS SOME ENVIRONMENTAL ISSUES

Maybe I've gone off the deep end - but I'm so sick of hearing about the big 3 bailout requests I've come up with a serious suggestion to help them.

I think its environmentally, morally, and financially irresponsible for the government to give tax breaks to those who buy NEW cars (much less bail out the manufacturers). The majority can't afford them anyway (or can't guarantee they'll have a job to make payments on them tomorrow), and we already have enough cars! Backyards and junk yards are full of cars because we can't get parts for them! How many economy cars that were good on gas are sitting in junkyards - because we don't have the parts to keep 'em on the road?

Why can't we get parts? The greedy corporate suits in Detroit figured if we couldn't get them, we'd be forced to buy new cars whether we wanted to or not! So they won't make them. I guess their plan didn't work, because when we bought new cars, we bought them from someone else.

I believe replacement parts manufacturing can be profitable - as the few little companies that make replacement parts for classic cars can prove. It might not restore the bonus of every deprived CEO in Detroit, but it could save quite a few line jobs. There is no longer a big market for new cars - but there's a constantly growing market for replacement parts. Its better than continuing the denial that Detroit has been in for the last decade - clinging stubbornly to the myth that we LIKE what they make, that we WANT it, and that we can AFFORD it, and that every one of us pines away for shiny new giant gas-guzzler in our driveway. We like what they USED to make, the muscle cars, the economy cars, the cars that were our sentimental favorites back in the day, when cars didn't cost the price of a house, and lasted longer than the 5 year warranty! They still have the blueprints to make the parts for those models, as well as parts for later-model cars past their warranty. That's what we want, what we can afford - and the sheer volume of parts purchased would make them a profit as well as helping the little guy with bad credit survive. Not everyone can get a loan for a new car - or even a used one - but those that can't could probably come up with the price of a needed part

I propose we reduce the production of new cars drastically. Instead we revamp a large number of our factories to manufacture parts for the cars that already exist (if we really MUST bail out the big 3, let's insist they put the money toward this). Alternatively, we insist that for every new car they manufacture - they must manufacture a certain number of essential repair parts for their discontinued models (which, according to recent news - will be most of them). This creates jobs, renews the jobs at some of the small non-union subcontracting plants that had to close when told to stop making the parts, or at least saves the jobs of UAW workers who were making unwanted new cars. Let them close their dealerships - but keep the dealer repair shops open. We then give tax credits for anybody who takes classes on repair - this creates jobs, as more people would rather fix it versus junk it (and can certainly afford the part easier than a whole new car). We give tax credits to anyone who gets a non-running vehicle operational again, we give tax credits for anyone who opens a repair/refurbishment shop, we give tax credits to junk yards that reduce their scrap heaps. Much better than a tax credit encouraging people to take on even more debt for a new car!

If some of elderly vehicles are unsafe by today's standards, we could manufacture parts that make them safer and update them, depending on the needs of each model. Surely the powers that be could run a scan for every VIN and get the statistics for how many models of each are currently still on the road (just like they do when there's a safety recall), and decide from there on whatever issues need addressed.

We should also consider legislation that insurance companies stop totalling vehicles without proof that their repair will be more expensive than a new car. "What a car is worth" needs to be restructured - what is the environmental/financial impact of junking it worth - the cost of a new one? If an old paid-off car ran perfectly fine before the wreck - should it be totalled because the damages came to a couple bucks more than the Blue Book value? I really don't think so! In this economy, having a paid-off vehicle with the option of keeping minimal insurance on it is nearly priceless!

We found out during the last couple years that we really can't afford a brand new McMansion, and we don't actually need one either, and we're much better off with less house than our budget can stretch to cover. Many of us know the same thing about the brand new car, but we don't have a choice because we can't fix the old one, and can't trust that the used one we buy will have parts available for it when it breaks down. That needs to change. We need more cost-effective options and we WANT the choice of fixing what we already paid for, instead of being forced to buy ever-more expensive brand new ones again and again and stuffing the landfills indefinitely!

My solution also applies to large appliances. Our landfills are full of them! The manufacturers of refrigerators, washers/dryers, riding lawnmowers, etc. should be required to produce a set number of repair parts for their older models - instead of making commercials about a lady throwing her old one off a cliff simply because she's tired of it!

Do we really want to be a nation of salesmen and consumers? I think we'd have more pride, strength and better ability to make it through these hard times if we replaced our salesmen with repairmen, blind consuming with sensible choices, and learn to one-up the Joneses with how much we saved from the landfill instead of how much we spent. Let's stop planned obsolescence and let the companies that refuse to give up the practice go belly up! They deserve it - they are trashing the environment as well as ripping off their customers - deliberately manufacturing products to break down in a couple years is just morally wrong. Lets make if fashionable to preserve and restore instead of consume and discard! I hope I'm not the only one that's tired of this - so is anybody with me on this? If you're in favor spread the idea! Discuss this with everybody!

9. Ridicule. In an interview with the Washington Post on 07/9/2008, McCain advisor and national campaign general co-chair Senator Phil Gramm was defining McCain's plans to reform the U.S. economy. Gramm explained the nation was not in a recession, stating, "You've heard of mental depression; this is a mental recession," and "We have sort of become a nation of whiners, you just hear this constant whining, complaining about a loss of competitiveness, America in decline." This would be the same Phil Gramm of the Gramm-Leach-Bliley Act which allowed commercial and investment banks to consolidate. The legislation allowed Swiss Bank UBS to purchase several American institutions. Gramm later became a lobbyist for UBS, collecting over 750,000 USD in fees. UBS alone issues over 18 Billion USD in subprime mortgages.

8. Denial. Black Monday, 09/15/2008. John McCain: "The fundamentals of our economy are still sound." A worldwide stock market crash occurred as Lehman Brothers filed Chapter 11 bankruptcy and major investment bank Merrill Lynch was sold to Bank of America. Dow Jones Industrial Average lost more than 500 points, which is the biggest point drop (up to that point) since September 2001. FTSE 100 dropped 212 points, and it was the biggest one-day percentage drop since January 21, 2008. Hong Kong, Japan and Korea stock market suspended that day due to public holiday, and they fell over 5% on the following day. Two weeks later, we had a blacker Monday (09/29/2008) with a 777.68 point drop on the Dow Jones Industrial Average.

7. Political grandstanding. Announcement of suspending his campaign to return to DC to "lead" Congress during economic bail-out negotiations. This effort led to a defeat of the measure when the votes were cast. Tried unsuccessfully to use the bailout as an excuse to postpone the presidential debate.

5. Incoherence. Threatens to fire the chairman of the SEC if he were in office, even though the president does not have the authority to do so.

4. Theft of intellectual property. Claiming previously existing mortgage buy-out proposal as his own.

3. Avoid / change the subject. Greg Strimple, a McCain top advisor: If we keep talking about the economy, we will lose."

2. Engage the politics of division, hate, fear mongering and cultural warfare with high-gear Obama smear campaign: Ayers, ACORN, Farrakhan, Rev Jeremiah Wright, Barack Hussein Obama, etc.

1. McCain�s send message to voters is to stop whining about the economy and start focusing on attacking Obama.

With thousands of their citizen-soldiers away fighting in Iraq, states hit hard by Hurricane Katrina scrambled to muster forces for rescue and security missions yesterday -- calling up Army bands and water-purification teams, among other units, and requesting help from distant states and the active-duty military.

As the devastation threatened to overwhelm state resources, federal authorities called on the Pentagon to mobilize active-duty aircraft, ships and troops and set up an unprecedented task force to coordinate a wider military response, said officials from the Northern Command, which oversees homeland defense.

National Guard officials in the states acknowledged that the scale of the destruction is stretching the limits of available manpower while placing another extraordinary demand on their troops -- most of whom have already served tours in Iraq or Afghanistan or in homeland defense missions since 2001.

More than 6,000 Guard members were mobilized in Louisiana, Mississippi, Alabama and Florida when the storm struck on Monday, with the number rising to 8,000 yesterday and hundreds more expected to be called to active duty, National Guard officials said yesterday.

Missing the personnel is the big thing in this particular event. We need our people, said Lt. Andy Thaggard, a spokesman for the Mississippi National Guard, which has a brigade of more than 4,000 troops in central Iraq. Louisiana also has about 3,000 Guard troops in Baghdad.

Mississippi has about 40 percent of its Guard force deployed or preparing to deploy and has called up all remaining Guard units for hurricane relief, Thaggard said. Those include the Army band based in Jackson, Miss. They are mustering transportation to move them south, he said. Soldiers who have lost their homes are exempt, he said.

Mississippi has requested troops and aircraft from about eight other states -- including military police and engineers from Alabama, helicopters and crews from Arkansas and Georgia, and aircraft-maintenance experts from Connecticut, who are filling in for a Mississippi maintenance unit that is heading to the Middle East.

This is the biggest disaster we've ever had, so we're going to need more aircraft than we've got, said Col. Bradly S. MacNealy, the Mississippi Army National Guard's aviation officer. Mississippi has had to borrow from Arkansas UH-60 Black Hawk helicopters fitted with hoists, using them together with the Coast Guard to pluck to safety several dozen people stranded by floodwaters, he said.

Chinook helicopters from Georgia, Alabama and Mississippi are flying the equivalent of 18 large truckloads of critical supplies -- including ice, water, food and chain saws for road-clearing crews -- to Mississippi's coast, he said.

In Alabama, all the major Guard units activated for the disaster have already served in Iraq, and some still have contingents there, said Alabama Guard spokesman Norman Arnold.

Capt. Richard Locke of the Guard's 1st Battalion 167th Infantry headed toward Mobile yesterday with a force of 400 soldiers cobbled together from four units because the rest of the battalion is in Iraq.

Carrying M-16 rifles and 9mm pistols, the soldiers are assigned to control traffic at unlighted intersections, and patrol in Humvees and on foot to prevent looting.

Recruiting and retention problems are worsening the strain on Guard forces in hurricane-ravaged states. Alabama's Army National Guard has a strength of 11,000 troops -- or 78 percent of the authorized number. We're just losing too many out the back door, Arnold said.

The U.S. economy is enormously complicated. Screwing it up takes a great deal of cooperation. Claiming that a single piece of legislation was responsible for (or could have averted) the crisis is just political grandstanding. We have no advice to offer on how best to solve the financial crisis. But these sorts of partisan caricatures can only make the task more difficult.

�by Joe Miller and Brooks Jackson

McCain Lobbyist Scandal Continues: Government Warned Senator That Campaign Manager Was Undermining National Interests

The lobbying firm of McCain campaign manager Rick Davis acted in direct opposition to American foreign interests, which prompted a warning to McCain's Senate office from the United States government, according to a recent New York Times article.

Much has been reported about Rick Davis, top McCain adviser and lobbyist whose company, Davis Manafort, made its fortune in part by accepting jobs that didn't require employees to register as lobbyists. Davis has been in particular hot water for his company's work with pro-Russian Ukranian political candidates; Davis arranged for one of Putin's allies to meet with McCain during the time.

However, the New York Times has managed to take that already embarrassing story and make it even worse:

Mr. McCain may have first become aware of Davis Manafort's activities in Ukraine as far back as 2005. At that time, a staff member at the National Security Council called Mr. McCain's Senate office to complain that Mr. Davis's lobbying firm was undercutting American foreign policy in Ukraine, said a person with direct knowledge of the phone call who spoke on condition of anonymity.

A campaign spokesman, when asked whether such a call had occurred, referred a reporter to Mr. McCain's office. The spokesman there, Robert Fischer, did not respond to repeated inquiries.

Such a call might mean that Mr. McCain has been long aware of Mr. Davis's foreign clients. Mr. Davis took a leave from his firm at the end of 2006.

This isn't the only time when Davis' business interests have appeared counter to those of the United States: Davis' Ukranian contacts shared several business ties with Iran.

McCain suffered from a perception problem last month when the extent of his lobbying connection caused his campaign to fire several key staffers, as well as institute a new conflict-of-interest policy. The McCain camp has said that Davis is unaffected by the policy, as its implementation is not retroactive. Davis is no longer registered as a lobbyist.

http://www.huffingtonpost.com/2008/06/12/mccain-lobbyist-scandal-c_n_106832.html