Republican voters trying to figure out Fred Thompson will get a better perspective this afternoon, as the former Tennessee senator and "Law & Order" prosecutor joins the lineup at the sixth GOP presidential debate for 2008. Maybe this assessment from President Nixon, excavated from the White House tapes by ABC, will help, too:
"Oh, s—, that kid," Nixon said upon learning that Thompson had been appointed a Watergate counsel. "He’s dumb as hell. . . . He isn’t very smart, is he? . . . But he’s friendly."
Posted by Rhonda Holman
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18 Comments
This should be fun!
Oh where oh where did my republican party go?
Oh where oh where can they be?
1. No platform to stand on(religious right, abortion stand, and balanced budget are toast)2. No candidate(the libs have high viz on their top contenders and the lady at the top is a household name. Can anyone even name all the republican candidates without looking?)
So we might as well save the election expenses for 2012, when Hillary will be pulling us out of Iraq.
It is far too late to find a leader and gawd forbid, a platform.
I heard some speculation that the Republic conventioned might be a brokered one as they try to come up with a candidate.
I noticed that Rhonda couldn’t resist taking a cheap shot about a conservative candidate. Nice unbiased opinion there. (cough)
I’m afraid I have to take back my remark on Rhonda’s MILFyness. She just aint got it no more.
I bet they are pumping ol’ Fred up on no doze right now.
The audience won’t need any.
When are we going to see you poking fun and belittling the democrats running for President?
I just hope someone takes away his cell phone beforehand.
SW Bell, by “his”, you’re referring to Rudy, right?
FYI:CNBC will broadcast the debate live from their website starting at 5 p.m. Eastern Time – 4 p.m. Central time. MSNBC will start a taped version of the entire debate (as I understand it) at 8:00 p.m. Central time.
President Bush plans to bail out subprime mortgage holdersPosted Aug 31st 2007 9:58AM by Jonathan BerrFiled under: Countrywide Financial (CFC), Goldman Sachs Group (GS), Toll Brothers (TOL), Economic data, S and P 500, DJIA, Bear Stearns Cos (BSC), Housing
With his popularity at an all time low and the very real prospect of the Democrats taking back control of the White House in 2008, President Bush is throwing a lifeline to subprime mortgage holders who are in danger of losing their homes to foreclosure.
The plan would allow homeowners who are 90 days behind in their mortgages to refinance their debt through loans insured by the Federal Housing Administration, a move that will help about 80,000 households. Homeowners also would be able to avoid taxes on forgiven debt under a temporary change Bush is proposing. The President also will call for Congress to raise FHA loan limits to $417,000 in some expensive markets. Interestingly, Bush is rejecting calls to let Fannie Mae and Freddie Mac increase the total value of the mortgages they hold in their portfolio.
Before people talk about the return of compassionate conservatism, it’s important to remember that many subprime mortgage holders are speculators or people who bought second or third homes. Nonetheless, the administration had to do something to help people who were hoodwinked by sleazy brokers into mortgages that they couldn’t afford.
In a televised address, Bush like Fed Chairman Ben Bernanke stressed that it isn’t government’s role to bail out speculators. He also argued that the economy “remains strong enough to weather any turbulance.”
Regardless, investors took these reports as a positive sign, sending shares of financial stocks including Goldman Sachs Group Inc. (NYSE: GS), Countrywide Financial Corp. (NYSE: CFC) and Bear Stearns Cos. (NYSE: BSC) higher. Homebuilders, including Hovnanian Enterprises Inc. (NYSE: HOV), Toll Brothers Inc. (NYSE: TOL) and Beazer Homes USA Inc. (NYSE: BZH) all gave back their gains from earlier today after the speech.
Something has to be done to help the real victims of this crisis, though I’m not sure whether these moves will be enough to address the subprime problem. The government needs to be sure that it’s helping the people who deserve to be helped.
So Why does Congress Bail Out Corporate America?http://www.google.com/search?client=safari&rls=en&q=Why+does+congress+bail+out+corporate+america%3F&ie=UTF-8&oe=UTF-8
Too bad the gov’t could not save many many other local small business firms that are left to compete in the NOT free market.
===============
AN EARLY AND EXCLUSIVE PRIMARYThursday, September 27, 2007Posted by Jim HightowerListen to this CommentaryThe top presidential candidates of both political parties are meeting with voters in a key primary, promising to help them on the issues they care about.
Are they in Iowa? No. New Hampshire? Uh-uh. California? Nowhere near it. So, where?
Wall Street.
While regular citizens won’t start voting on the presidential contenders until January, an intensive, closed-door primary has already been taking place inside the confines of investment banks, hedge funds, and other financial institutions in Manhattan. Reporters are not allowed in, candidates don’t issue press releases about their appearances, and there is no disclosure about what the presidential wannabes pledge to these elite banking interests in order to gain their financial backing. It’s strictly a private campaign – albeit with enormous public impact.
Bear Stearns, for example, has had its own presidential tour, summoning seven major candidates to its Midtown headquarters for exclusive presentations and Q&A sessions with its managing partners. If you’re just a plain ol’ voter, you’d be lucky to get a handshake with any of these aspirants, but this financial conglomerate can command its own little tête-à-tête with Romney, Clinton, Giuliani, Obama, Thompson, and others.
Business Week magazine reports that these Wall Street barons not only want to get commitments on issues like global trade and tax cuts, but they also use the private sessions to measure the candidates’ ability to “make smart decisions in times of uncertainty, a trait bankers and traders prize in themselves.”
Wait a minute! Aren’t these the same people who brought us Enron, NAFTA, offshoring, exorbitant credit card fees, dependency on oil, pension collapses, and other “smart decisions?” Indeed, isn’t Bear Stearns itself butt deep in the ongoing subprime mortgage disaster? Why should anyone listen to them?
“The Candidates On Wall Street,” http://www.businessweek.com, April 2, 2007=====================
Bailing Out Wall Street:
http://www.google.com/search?client=safari&rls=en&q=Bailing+Out+Wall+Street&ie=UTF-8&oe=UTF-8
There should be a caveat to the bail out; only principal residences qualify!
Kansas, why are you perving Rhonda, look at that intern! Kristin is a superstar!!!!!
A stupid Republican candidate for President? We have knuckle dragging chimp boy in office and we had the senile old goat Reagan who was a Hollywood actor. Yeah, it seems fitting that Thompson would think he’s qualified to be the Republican candidate. Old, boring and barely literate.
Doug – you just insulted chimps and goats. Please retract that insult.
(cough)Posted by: Kansas
I’m afraid I have to take back my remark on Rhonda’s MILFyness. She just aint got it no more.Posted by: SOB
When are we going to see you poking fun and belittling the democrats running for President?Posted by: Left Owns Wichita Eagle
OH MY (actually, your) GOD !!
jesus you repukes are some of the dumbest people around.
you have noticed that, right ??
right?
oh, ok.
you are too dumb to live in the u.s.
now you know.
I saw some of the debate.
Thompson will appeal to the 15 or so people who still like Dick Cheney.
He’s got the dour, calling you to carpet thing down. If you can stay awake to catch it..
Digby put it best last week: the GOP seems not to have realized that Thompson is a CHARACTER ACTOR; he’s not a leading man, a point that has been borne out by his campaign appearances.
http://digbysblog.blogspot.com/2007/10/snoozing-on-casting-couch-by-digby.html
He is, however, a nasty party hack who will try to appeal to the racist party base by signalling that he’s one of them. Hence bringing George Allen and Liz Cheney on board as campaign advisors.
http://tpmelectioncentral.com/2007/10/thompson_cochairs_include_george_allen_and_dick_cheneys_daughter.php
Thompson is DOA as a Presidential candidate. But it will be interesting to monitor his candidacy for symptoms of the various ways that the GOP appeals to the lizard brain of its base, as well as for signs of GOP confusion and desperation.