Isn’t it interesting that Republicans who discount reasonable concerns about Sarah Palin’s lack of experience and knowledge argue that CEO must be paid huge salaries to guarantee that the company has the best experience and knowledge that money can buy– Anonymous commenter at Big Media Matt’s blog
We already know that McCain doesn’t know much and “is weak on” the economy, as he has admitted as much and as recently as this morning was crowing about the fundamentals of the current economy. Likewise, he has no record of market reform, having done NOTHING over the three decades he has been in the Senate. Additionally, his only real notable achievement in this area is getting wrapped up in the Keating Five.
So we can’t really count on McCain. How about his advisors? His main advisor, Phil Gramm, is in large part the architect of the rules that helped to lead to this meltdown, and on several occasions has called us a nation of whiners. Another McCain advisor, Donald Luskin, recently wrote in the Washington Post that there really is nothing for us to worry about. This was hours before Lehman went belly-up, AIG started begging for help, and the 500 point drop in the market today.
Republican vice presidential nominee Sarah Palin said the nation’s financial system “needs some shakin’ up and some fixin’” at a rally here today. In comments that prefaced her stump speech, Palin offered blame but no specifics on how the campaign would handle the crisis on a morning during which the impending bankruptcy of Lehman Bros. sent markets tumbling.
“The system is outdated and needs a complete overhaul,” the Alaska governor said, echoing presidential nominee John McCain’s statement earlier today. “We’re going to put an end to the mismanagement and abuses on Wall Street,” adding that she and McCain would end “golden parachutes” for the chief executives of financial houses, which have “not run these institutions responsibly.”
When pressed afterwards by the media for specifics, Plain responded that you can’t make a silk purse out of a sow’s ear, and that a penny saved is a penny earned and not to look a gift horse in the mouth. Ok. I made that last part up. The McCain campaign doesn’t trust her to talk to reporters or talk in public when she is not reading from a teleprompter, so the press didn’t ask her any additional questions.
I hope to god you all are teaching yourself how to turn your backyard into a garden and spend some time figuring out how to can. It really is not that hard- just make sure you get a shitload of parrafin wax and boil the mason jars thoroughly. Also, beans are really easy to grow and are a great source of protein. I would also remember to pick up some multi-vitamins that have a shelf life of a few years.
*** Update ***
We will file this under “reformer WITHOUT results”:
Republican presidential candidate John McCain has spoken out about lavish pay packages for corporate chiefs, but his top adviser said on Monday the senator wants to shine a light on the issue and is not offering specific new proposals to rein it in.
I am sure you are all shocked.