Obama Shines Handling this Economic Crisis. McCain Cries About Firing People.

[berni_mccoy]

McCain will regret calling for the firing of SEC Chairman, Chris Cox. Because that's about all McCain has done with respect to this latest economic issue.

And until the market faced it's own devastation on Monday, McCain thought the Fundamentals of The Economy Were Strong. Those were his own words that he's relied on for over a year. And he continued using those words even after the market crash was in full force.

This is just a precursor to the disaster that would be a McCain Presidency.

In contrast, Obama has been meeting with Sec. Treasure Paulson and SEC Chairman Cox. He has been reviewing plans that could take us out of this mess and he has reinforced that if the government is going to help Wall Street, it's going to help Main Street. He's been treated with equal respect by the administration officials who have briefed Obama and his staff and kept him aprise of the situation.

McCain will certainly regret his comments about firing SEC Chair Cox since it was Cox's swift action that stopped the epic bleeding. Cox moved to restrict short sales which reduced considerably the negative pressure on the market. His actions surely have prevented many peoples long-term portfolios from bottoming out.

And with the announcement from Washington today that there will be some bold new deal, with great patriots from both parties to work out the issues, you can rest assured the market bounce was in part due to not only the promise of an injection of money into Wall Street, but also because Obama is there to help broker the deal. Obama is moving to ensure the brokered deal will not benefit the rich CEOs and traders with golden parachutes, but instead preserve the institutions that all Americans rely upon and bring upward benefit to the Americans who have put their hard earned money in the trust of these institutions.

Obama has acted decisively with statesmenship. This is a great preview of how an Obama Presdidency will handle a crisis.

[LiberalAndProud]

1. Some posts are so succint, there's nothing else to say.

Happy to be the first to recommend.

[BrklynLiberal]

2. and someone else noted yesterday that Cox was a well-liked Rep from Orange County(?). It was a VERY

repuke district. That comment will not endear McSame to those voters.

[The_Casual_Observer]

3. Particularly since he can't fire him anyway. McCain is a dunce.

[TwilightGardener]

4. Pat Buchanan just agreed with you--said Obama was statesmanlike this week, and McLoon

was just in campaign-attack mode.

[Virginia Dare]

11. He's wild-eyed and crazy looking..

is this how we can expect him to act in times of crisis? No thanks!

[central scrutinizer]

5. Republican solultion to every problem:

Find somebody to blame, but do nothing. Delegate one of your underlings to fall on their sword, but do nothing. Point fingers, but do nothing. Find somebody to take one for the team, but do nothing. Say anything, but do nothing.

[berni_mccoy]

6. Exactly. McCain is the same old tune from the GOP.

[Jeff In Milwaukee]

7. Panic

He thought that he had to say something that sounded decisive and presidential, so he talked about firing somebody who was only marginally at fault. And somebody that as President he would have no authority to fire.

Shoot First, Ask Questions Later Much??

This is John McCain in panic mode (such as when he picked his VP nominee). Act impulsively and do something that you'd regret a day later.

Obama sounded like a President -- in fact, he sounded more like a President than Bush did.

[berni_mccoy]

9. Yeap.

[eshfemme]

8. Obama basically was acting like the President, more so than the current one or the wannabe.

The Republicans who still can't see that Obama's the right guy for the job just are incurable and prove that if the country follows in their footsteps, we will be dragged into a deeper hell than the one that Bush has put us in.

And you know what? Obama's Presidential qualities didn't fully shine until you see how he handled press questions because that's where you see the benefits of his professorial experience. He was answering questions which reassured people while informing and teaching them of the situation. And it was clearly obvious that he was in full grip of the situation and that he would be a sure hand on the tiller.

Bush, McCain and Palin didn't take questions AT ALL. That silence says more than anything else. They put themselves first over the country.

[Virginia Dare]

10. McBush is a bathsit insane absolutely crazy person..

he actually had the nerve to stand up there today and try to lay all of this on Obama's lap. He's standing in an echo chamber.

[Cha]

12. Thanks bernie for wrapping this

up. That's the difference between someone who's intelligent and knows what they're doing and mccain who relies on phil gramm and rick davis.

[berni_mccoy]

13. You're welcome! :-D