Sioux City Journal

If you believe the economy is bad and getting worse, vote for Obama

Posted: Sunday, September 21, 2008

SOUTH SIOUX CITY -- From Jan. 1, 2008, to Sept. 15, 2008, John McCain said 22 times, "The fundamentals of the economy are good." The last time he said that was Monday, Sept. 15, which is also the day the stock market lost $700 billion from retirement plans, government pension funds and other investments. Lehman Brothers, an investment bank, filed the largest bankruptcy in American history. Bank of America bought out Merrill Lynch to save it from going into bankruptcy for less than half its value of last year. Also recently, the U.S. government took over Fannie Mae and Freddie Mac, spreading their losses to all American taxpayers. The government also helped A.I.G., the largest insurer in America, to the tune of $850 billion, to keep it from going into bankruptcy.

So if you believe the fundamentals of the economy are good, just like John McCain, by all means vote for John McCain. His 90 percent record for voting with George Bush would mean just another four years of the same.

But if you believe the same as over 70 percent of Americans do, that the economy is bad and getting worse, you better vote for Barack Obama. -- Jim Rossiter

Story Comments

VegasRage wrote on Sep 27, 2008 11:49 PM:

" Clay and McCain who is so against earmarks decided to pick Sarah Earmarks Palin as his VP running mate. Did you see the bill that passed today?

$634 billion Republican spending bill inside it 2,322 earmark projects totaling $6.6 billion. That included 2,025 in the defense portion alone that cost a total of $4.9 billion. Oh and oil companies got their drilling off the Atlantic and Pacific coasts cleared.

I don't understand why you don't like the Democrats, you guys spend more than they do and they are your best secret friends, they weenie out all the time and give you all you ask for.

I ask and with what money? "

Clay wrote on Sep 27, 2008 10:48 AM:

" Obama has obtained $932 million in earmarks since becoming a US Senator. He suspended earmarks this year, presumably for the election. That's $310 million a year of taxpayers money dolled out to pet projects. Obama isn't the solution, he is part of a systemic problem. "

X-SSC wrote on Sep 27, 2008 2:11 AM:

" Xman, just like all of the other wars? "

Xman wrote on Sep 25, 2008 7:48 AM:

" Democratic leadership always comes through to clean up the messes left by the Republicans.
Then, if they get the chance, the Repuiblicans screw it all up again.
Look at the surplus after Clinton, and where did it go......? "

VegasRage wrote on Sep 24, 2008 11:32 PM:

" You guys neither candidate is going to be able to fix this mess we are in. You fix bad debt with more bad debt. The bomb is huge and the shock wave won't felt until people tart paying $10 bucks for milk, butter, or bread.

Copy and paste the URLs below and do some research, these are the positive outlooks, I've read others that are far more grim.

As Capitalism Crumbles, U.S. Taxpayers Pick Up the Pieces Robert Kiyosaki
finance.yahoo.com/expert/article/richricher/109941

'Little Hope' for Banks From Bailout: Whitney
cnbc.com/id/26853438

Ron Paul schools Bernanke on the flaws of the bailout plan
youtube.com/watch?v=dv6rQ0U01Yc

If you care about your country you'll call your congressman and tell them you can't fix bad debt with more bad debt.

Your candidate can't save America, the government can't help itself now. "