Hmm, here is an interesting video clip sent to us by a Wonkette New Hampshire Primary Operative. It shows John McCain last November talking with some nice New Hampshire newspaper editors about economic things and good christ, maybe everything he said was rubbish, but this was possibly the first time we saw him looking not grumpy or confused or ghoulish in… ever. The six-minute segment is sort of interminable for those of you watching at work so here is a sad/lovely quote:
Q: Or, I mean you’re a busy guy, you’re looking at a lot of things, maybe subprime mortgages wasn’t something you focused on every day. Were you surprised?
McCain: Yeah… In this whole new derivative stuff, and SIBs and all of this kind of new ways of packaging mortgages together and all that is something that frankly I don’t know a lot about. But I do rely on a lot of smart people that I have that are both in my employ and acquaintances of mine. And most of them did not anticipate this….I’d like to tell you that I did anticipate it, but I have to give you straight talk, I did not.
And of course this is funny because McCain now says he saw this thing coming from a mile away. Everybody is a liar about everything always, so it is good that soon we will not have a capitalist democracy anymore.
John McCain on Subprime Mortgages [NHElects.com]
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{ 37 comments }
Much like the time when Walnuts didn’t anticipate the NVA shooting his A-4 Skyhawk down after he flew over his target the 2nd time.
I don’t think everybody lies about everything always. Just Republicans.
…that soon we will not have a capitalist democracy anymore.
Oh, sure we will. The poor will always have capitalist democracy. It’s just the rich who get a socialist oligarchy.
You mean politicians are full of shit? Thanks, you just destroyed my faith in democracy. I’m moving to Cuba. You capatalist pig dogs can suck it.
“I rely on a lot of smart people who didn’t anticipate this” = Phil Gramm lies to me and I like it
What’s more funny is that he says that he consults with advisors about financial issues. But didn’t Sarah Palin make fun of Obama in her convention speech because he consulted with advisors over the situation in Georgia and Ossetia?
mmm . . . subprime mortgages . . .
I think he’s wearing one of those gay sweaters.
OMG. Up is down. I actually am agreeing with Grampy. I like his “mortgages should be one page long” idea. Of course the type-size is probably going to require that they give away a complimentary microscope with every loan.
Criminy. Okay, I take it all back. He didn’t see the S&L thing coming? KEATING FIVE! KEATING FIVE!
Report the whole truth, Wonkette! Shortly after this interview, John McCain fired his Geomancer and replaced him with a reformer maverick lobbyist, who had much better divination skills.
[re=101463]SayItWithWookies[/re]: I’m holding out for vigilante justice.
[re=101459]Strictly for the Tardcore[/re]: But you could be lying. Hmmm. So if one always tells the truth, and the other one always lies, then x is to y as… nope, you’re right. It’s just Republicans, and almost everybody else. Only Wonkettes don’t lie, to be exact — too dumb to shut up, too stupid to lie
**____**
[re=101459]Strictly for the Tardcore[/re]: Does “I did not have sexual relations with that woman” ring a bell. Seriously, Democrats only lie about sex between 2 strait people. But the gays? The Repubs OWN that shit.
I meant myself, not any of you. No insults from me…
Since all these companies invested in these mortgage backed securities, and since AIG insured them, and since we (the taxpayers) now own AIG, maybe it’s time for another rebellion. We should get the healthcare market to also become unstable, nationalize Blue Cross Blue Shield, and then we could own a HMO too.
I mean if we’re nationalizing stuff because of all this credit crisis, let’s nationalise healthcare… not private investment corporations.
[re=101490]Chicken Smack[/re]: This might be the mescaline talking, but that sounds like a good idea.
[re=101478]Hunter Gathers[/re]: Yeah, and that balancing the budget lies Clinton told through his campaign. That shit didn’t go anyw–oh, wait.
I’m more with [re=101476]2druk2phluq[/re] on this one. Trust only Wonketteers!!
…who could have foreseen that lending money to people who don’t have steady income by back loading the interest/principal, 2 or 3 years down road would blow up in our faces?!?! Not me!
[re=101466]Hunter Gathers[/re]: …do these “Capitalist Pig Dogs” that you are referencing wear lipstick? Because if they do you are being sexist!!!
Hey, here’s an idea… Now that we own an insurance company, banks and brokerages, let’s merge them with the US Post Office. You could go to your local post office to buy stamps – and pick up a 6 month CD. Post offices would have windows like “STAMPS”, “PARCEL POST”, “RETIREMENT PLANNING”.
(BTW, did you know in Switzerland, the Post Office runs their “Social security”?)
[re=101490]Chicken Smack[/re]: Good fucking point. We, the people, now own AIG. Let’s all go down there, drink their coffee, hang out by the water cooler and talk shit about the boss, shit in their crappy toilets, and, by the way, I need to make 1,000 copies of my latest 2,000 page biography about Sarah Palin. Actually, all the pages just say “SNOW WHORE” on them over and over, but whatevs.
Math is hard. Morgage backed securities are even harder. Meanwhile, without trying to spam the boards here I’m also trying to get support for my partisan poster project. You can own these for free! Cheaper than a banking industry bailout. Download, print and post. Link to this blog.
http://www.democratbydesign.typepad.com
Golly. I used to live in the Monadnock region, and if Walnuts can’t handle tougher guys than the Keene Sentinel editorial board… well, now we know.
Wait, I always liked that paper. I don’t have a point.
[re=101533]facehead[/re]: …don’t forget to steal the pens and raid the petty cash drawer!
I will not vote for any man who freely admits he is not a telepathic nor does he posses ‘Scanners’ type mind exploding powers. We need one who can psychoflux against the Ayatollah to lead us.
http://thesebastards.blogspot.com/
Yeah, there used to be a bunch of elitist ivy league types who were always trying to explain this shit to us. We fired ‘em and spent their salaries on coke and stippers for our staff meetings… I don’t remember much after that.
[re=101478]Hunter Gathers[/re]: You weren’t listening carefully. Clinton said, “I did not have sex with relations of that woman, Monica Lewinsky.” And he wasn’t lying — did you see that woman? Ew.
Did McCain not understand what happened when he got in trouble during the S & L failure? I mean, christ, he has been directly involved with a banking collapse once before, when he was somewhat young, and HE LEARNED NOTHING FROM THAT EXPERIENCE!
Seriously. WTF?
[re=101532]Johnny Zhivago[/re]: Good idea! And since I can see my mailbox from my house, I’d be the perfect choice to run it!
[re=101570]AngryBlakGuy[/re]: No, it’s got to turn a profit. As a shareholder, I expect my 11% ROI, goddammit. Keep yer hands outta the till… they’ve got to work harder than they’ve ever done.
They thought their college loans were hard to pay off… those sons of bitches are about to beg for national healthcare, to deal with the ulcers they’re about to earn.
The only honest players are hypocrites.
[re=101471]Cogito Ergo Bibo[/re]: not sure if he did see the S&L debacle coming, but he sure as hell tried to keep the rest of the country from seeing it!
Six months ago it was “Republicans: Party like it’s 1929.” Now they invited the rest of us but it looks like the party’s over. And the place looks nasty.
from the man who confused the SEC with the FEC
and ” in what regard, Charlie”
I know this is s*** for snark, but Obama actually *did* call the subprime crisis in 2006.
Oh yeah, and c***/trollop!
The Subprimes were never the same after Diana Ross left.
[re=101522]AngryBlakGuy[/re]: Who cares about the lipstick?- more important is how they taste and how much meat is on the bone. This time next month, I’m bbq’ing up a shitload of Capitalist Dog steaks.
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