Keep any probes out of the Congressional committees and we might get something other that grandstanding from professional blowhards.

I don't think McCan't wants an investigation. His closets are so full of bones it takes 5, or 6, or is it 7, well anyway he needs all the space to hide those skeletons. Besides he only met Mr. Raines once, oops, I guess that makes him vetted for VP!

Am thinking nothing will be done, or if it is it'll be with all the fanfare and quality of the 911 comission report. Maybe trim off some of the infighting small fish like congressmen or some corp. executive officers just for appearences.

Key names for investigation - Shumer, Franks, Waxman, Cuomo.

This needs to be investigated for sure. But the real culprit is Rick Davis and the McCain campaign.

http://www.crooksandliars.com/2008/09...

"McCain stood on Senate floor in 2005 and warned Congress that if accounting shenanigans at Fannie Mae were not reigned in immediately, taxpayers would end up footing the bill for a massive bailout of the mortgage giant." This statement is highly exaggerated as is the attack on Obama.

Maybe this will bring more perspective to it:

http://blogs.abcnews.com/politicalpun...

KAB, aren’t you are the author of this letter to the editor?

If so, why write the letter and smear Obama and cheer McCain when you say in your post to the letter that it is not the fault of our elected officials?

I disagree with you, however, and think it is largely the fault of our elected officials. It is further evident that regulations need to be in place to effectively monitor, regulate and guide the various institutions. This crisis should forever put to bed the notion that business will regulate itself and does not need government oversight.

Also, I am afraid that leaving it to prudent businessmen is a little naïve. What the “criminals” as you call then did was stupid, but not wrong as there was no regulation against it. Greed was the fuel.

Regulations are necessary, but they should be reasonably designed to keep supposedly smart people from doing dumb things. It was one big party in which we did not participate, but have been left with the hangover.

First: See my previous post. This was during the time his campaign manager, Rick Davis, was a lobbyist for Fannie and Freddie. What was he after, I wonder. I doubt McCain was looking for anything more than what Rick Davis desired for his clients. Remember, McCain is Mr. Deregulation. I imagine Dodd and Franks opposed for good reasons, such as lack of oversight and accountability.

Second: The Troppergate gate is a real issue. A bipartisan committee voted unanimously to investigate this, prior to her being selected as the Republican VP choice. Abuse of power is a real issue. She appears to be of the same mindset as our current VP. Let the investigation proceed. The American people deserve to know the truth. The Obama and Raines issue you present is smoke and mirrors.

Third: The government is at fault. The Republican favoritism of business interest is apparent in this current crisis. However, the individuals in the industry carry the responsibility too and should be prosecuted and held accountable if they have done anything illegal. After all, the government support of business can be linked to lobbying efforts of the financial markets.

Fourth: All of that is wrong if it is outside the law and oversight regulations.

Lastly: See First.

1. Rick Davis was a lobbyist and he lobbied McCain. In the info I supplied you earlier, one reason Davis got the job was for his access to McCain. I am sure if you really get into it you will find they have had a long relationship. What did Obama do wrong? It is just by association you are trying to deflect the issue to him. McCain and the Republican philosophy of less regulation and more breaks for business is what got us here. Not Obama.

2. I have reviewed it. Palin was for the investigation before she was against it. The investigation needs to be completed. She may be perfectly innocent. If so it will be proven out as say, the Whitewater investigation did of the Clintons.

Palin in her rights? Why then does her explanation of the firing keep changing? What is wrong with finding the truth? How can you defend her so vehemently when you really don’t know anymore about her than the rest of us? For Pete’s sake, she is potentially in line to be the President of the United States.

Lastly, government and the private sector all had a hand in the meltdown. Personally, I think Greenspan and the Federal Reserve deserve some of the blame for keeping interest rates so artificially low. The mantra during the Bush administration has been spend, spend, spend. Well, we are spent. Such nonsense can only go on so long.

By the way, I do not agree with the bailout that is being proposed. The markets will make the corrections themselves. It will be painful, but I don’t have confidence that our attempts to direct it will work. You know, unintended consequences being as they are. I imagine we both would agree on this.

We need better regulation in the future. Not a bailout now.

Communist Manifesto. Mega, quit the nonsense. You just throw dung out like that when you have nothing valid to say.

KAB and Mega:

One minute ya’ll are praising John McCain for trying to solve the problems with Fannie and Freddie by supporting regulatory reform legislation. The next you are calling me a socialist when I say we have to have regulatory reform. Wow. Your logic eats itself.

http://talkingpointsmemo.com/archives...

I did not call him a liar, even though he is. Here is a google of YouTube about McCain's truthfulness problem. The first link is one of the videos. The other is the page with other links.

http://www.youtube.com/watch?v=uj2pmB...

http://www.google.com/search?q=mccain...

You cannot call it propaganda when it is straight out of McCain's mouth.

He either lies or is so befuddled and confused that he doesn't know the difference. Anyway, he is not a good choice for president.

One of your own, George Will, said it best the other day in regard to McCain’s readiness to be President.

Here is the link to George Will that I left off.

http://www.washingtonpost.com/wp-dyn/...

I understand. Your candidate and his campaign win hands down in misstatements and lies. Not a good position to debate from.

You statement,"... there are plenty of people, including Obama's own running mate, who have claimed that he's not fit to be president" is not a valid point as you know. It was said during the primaries and it is normal for candidates to make such claims and attacks on their counterparts. I am sure if we check we can find the same kind of statements about McCain.

They are out there. You just haven’t done your research. Here are a few hits on Google. Actually, I have seen them both on various news programs. Maybe Fox Views doesn’t show it.

http://www.mlive.com/grpress/news/ind...

http://blip.tv/file/1260213

http://voices.washingtonpost.com/the-...

http://www.mydd.com/story/2008/9/10/2...

"I don't have a problem distinguishing between the characters of the two candidates." You are funny mega. I like your jokes.

Uh oh:

http://www.crooksandliars.com/2008/09...

It seems the American public would be pretty interested in knowing that the firm owned by John McCain’s campaign manager reportedly received a monthly fee of $15,000 from Freddie Mac.

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