Obama responds to Mccain adviser Phil Gramm "whiner" comment

[generatordoc]

Obama got elected and instead of going after Gramm Leach Bliley act to get it repealed, he totally has IGNORED the root cause of the 2008 meltdown. I have no respect for the man as he has "changed" NOTHING for the better.

[FamousByFamily]

obama is a champ.

[sophiemarie49]

wow, it is really funny to hear these bogus remarks by Phil Graham that we are whining and our economy is strong. I guess an economic expert he is not.

Isn't it funny that us regular folk saw how bad things were getting but this 'expert' couldn't or wouldn't. And so much of the housing/bank mess belongs to Graham as he pushed de-regulation.

[glenngeneraux]

Whatever, so many things to slander Mccain are getting to be a daily event. I guess these are good for people that are still not completely convinced that Obama knows what he is doing and Mccain is an idiot.

[joker2650]

obama 08'

[waddleduckie1]

McCain is useless. He won't know where to start If he becomes prez. Its like voting for the swiss cheese for office when it is filled with holes.

[Brutaljerm666]

John mccain is an idiot just like george bush and if hes elected he said the war will go on for another 100 years if the world even lasts that long.By the time hes done bein a president gas prices will be between 8 and 9 dollars.I dont know about you but i will sell my car if that happens and just walk or ride a bike.

[dapdaddy10]

Stop whining the gas prices are all in your mind like the republicans said.

[cungilez]

VRW: Are you suggesting we're doing great under the current government? 11.5 million an hour spend on War in Iraq, 46.6 million ppl do not have health insurance, tuition cost more, veteran benefits going down, thousands of companies closing down, mortgage crisis and we the people were bunch of whiners? You got to be kidding.

[2MANYDUMMIES]

ANTI PUMA!

[ChicagoJoe57]

As of last night, Phil Gramms campaign tour is over. The headlines: he will no longer have a speaking role in McCain's campaign.

Bah dah Bah Dah Bah Dah - That's all folks!

[ChicagoJoe57]

Number one headline: Gramm's Role Reduced

Now if Gramm was telling the truth, and the American Voters agreed with him, McCain's staff would not be kicking to the curb. This proves Midnight is correct - that the people determine their own democracy, not the politicians.

[MidnightChimes]

Besides, the Conservatives believe in a 'flexible' Constitution. If a Democrat is in the white house, than it's 'three co-equal branches of government'. If the Supreme Court makes a decision they disagree with then it's 'judicial activism'. Nevermind that the last 4 of 5 SCOTUS decision went in their favor. Question...so how do 'activist judges' not be exhibiting 'bad judgement' when they fall on your side most of the time? It's a canard and a false talking point.

[ChicagoJoe57]

The GOP should not even bring up deficit spending because they are the kings of deficit spending and bailouts.

There are plenty of tough White poor neighborhoods in South Boston. I am certain that none of those people who live in Charlestown had the easy life that Gramm has had.

[MidnightChimes]

Those are certainly neighborhoods that come to mind. That and Dorchester and Roxbury.

Getting back to the Declaration and the Constitution being 'conservative'. That's just plain silly talk. You had better go back and read it again. It gives everyone the same rights...that ain't 'conservative' in the sense of the word. That's pretty 'liberal'. You might have your terms mixed up.

[VRWCnetwork]

Yes the Constitution and Declaration were very conservative (i.e. classic liberalism) documents. They restricted the control of the government, excoriated high taxes, enumerated rights, and establish equality of opportunity.

They set up a representative republic to guard against the tyranny of the majority. Thos documents didn't say tax to death and redistribute wealth or takeover the health care or oil business.

[MidnightChimes]

If the Constitution was so conservative, why are you guys so much against it's principals. You support the government's right to infringe on our privacy, you want to restrict who can get married, you limit free speech (especially political). You want higher taxes...in that you spend money like crazy people. Where did it all go wrong for you?

The liberals want to take over the oil industry? please. The Republicans own the oil industy and visa versa.

I'm sick of Limbaugh Liberals.

[VRWCnetwork]

You need a secret decoder ring to understand what you Midnight means.

Infringe on privacy= kill your unborn.

limit free speech= limit government subsidies of the arts(porn, I guess).

Marriage is the most important enduring institution of civilized society. Libs wanna wreck it.

WE want higher taxes? WHen's the last time a repub pushed for higher taxes? It's a lib thing and you know it.

[ChicagoJoe57]

Yes, my girlfriend on Long Island sells real estate and warned me that people were purchasing homes with no money down mortgages, waiting a few years for the homes to appreciate, then selling them making a $200,000 profit. These were not your poor people from Brooklyn making these investments. Now they are screwed as the property value has declined and they are stuck with these high house payments.

[VRWCnetwork]

What you describe is real estate speculation. There is that kind of carnage everytime housing prices take a downturn. What is new is that our interest rates have become so low because our economy has preformed so well that their is (or was)a lot of capital being risked on these sub-prime loans for people with bad credit. The lenders are taking their lumps.

[MidnightChimes]

The interest rates were low because they were being subsidized by the federal government under Republican rule...not because our economy was doing so great.

[ChicagoJoe57]

You guys are off the topic, which is that Gramm was crying and making accusations about the American public because they are worried about the economy. It is the conservatives, or Bush, as he will redistribute wealth tomorrow to bailing out Fanny Mae. I am sick of bailing out lenders when - since 2000 - have been giving out no money down mortgages like candy.

[MidnightChimes]

They have been giving out mortgages like candy so they can get the up-front money which their performance was based on. No rules. Just make money.

[ChicagoJoe57]

Looks like the righteous Americans have won:

Carly Fiorina said today: "I don't think Senator Gramm will any longer be speaking for John McCain."

[ChicagoJoe57]

Yeah right - VWR. Lets call people a punk across internet lines. You effort is in the minority as the majority of the people think like I do about Gramm. As far as getting as far as Gramm - where did he invent a product or earn his way up the capitalistic way?

[VRWCnetwork]

Just Wicki it. Gramm received a Ph.D. in economics from the University of Georgia. While at UGA, he was a member of the Phi Kappa Literary Society. After earning his Ph.D., Gramm taught economics for 12 years at Texas A&M University (1967--1978). In addition to teaching, Gramm served as a partner in the economic consulting firm Gramm & Associates (1971--1978).

I don't think public service or teaching or being an economist is not an honorable trade.

[MidnightChimes]

The REPUBLICANS are nationalizing the banks so they can control them. Just like they do in Cuba and Venezuela.

[VRWCnetwork]

Ha! The GOP is the one nationalizing industries!?!?!? If the Dems had their way, they'd nationalize health care, oil, insurance, commodities, our school system and energy. How's that nationalized school system working out for us? 70% drop out rate in Detroit. Yeehah liberalism works. But I'm getting off point.

[MidnightChimes]

They've been nationalizing and subsidizing certain industries for years. They bailed out the auto industry in 1980, the S&Ls in the late 80's, oil this decade. Saying the DEMS want to nationalize everything is a GOP cannard...like saying they want to outlaw the bible. The Republicans have had 28 of the last 40 years of the presidency. Are you saying that the DEMS have been in charge?

[VRWCnetwork]

Hey, I'm against government bailout or subsidy of almost any business. Regardless of which party wants to do it.

But when you look at who is most in the subsidy business, it ain't the conservatives. You don't hear the GOP calling for nationalizing industry the way the Dems do. When's the last time you heard a repub say we should take over any industry?

[VRWCnetwork]

And finally, don't confuse bail-outs and subsidies with nationalizing a company. They ARE different things I feel they are all bad. -ANd not defined as role of our fed by the constitution.

[MidnightChimes]

The feds are in charge of IndieMac. They will be 'in charge' of Fannie and Freddie by the end of this week. That's as close to having a national bank as you get.

[VRWCnetwork]

Yeah, and I don't like it. We may have found a point of agreement.

[ChicagoJoe57]

When is Gramm going to take the goldfish out of his mouth and talk like a human?

[VRWCnetwork]

As soon as Brokaw does. Geeze what a personal insult. Have you listened to the way Chicagoans talk?

[ChicagoJoe57]

When a punk - who has never been in a street fight in his life - calls Americans whiners, he is placed himself in a position to be challenged and ridiculed. Gramm asked for this kind of response. Yes, Chicagoans have an accent, but they don't talk like they had a stroke.

[VRWCnetwork]

Why is it that in the cities where the most "street fights" take place are where whining liberals have been in charge for decades?

Where the "street fights" are happening is where the libs have been giving the squeaky wheels (whiners) the most grease (hand-outs)?

I can barely understand a word those street fighting people say. Phil Gramm must be a pretty incredible person to make it as far as he did when he talks "like he had a stroke." Punk

[MidnightChimes]

Why do you hate America? I'm up here in Boston where the 'liberals' have been in charge for decades. No street fights. A pretty decent economy that is, at the moment, holding up. No fights in San Fran. That's pretty Liberal. Vermont. Sounds like you talking out your ass.

[VRWCnetwork]

Ok, show me one city where there are lots of street fights that is run by a conservative.

I think it's great when you libs hold up San Fran as a model city. It's beautiful and the restaurants are great but it's got lots of liberal problems the rest of the country would prefer to avoid. I'm not going to pick on Boston. I love that city but I don't know about it's crime rate. Boston helped create two of the most conservative documents ever written; the Declaration and the Constitution.

[VRWCnetwork]

Show me where in the Declaration or the Constitution that outlines how America should adopt liberal wealth redistribution schemes or nationalization of whole industries. I seem to remember the Boston of those days didn't like paying confiscatory taxes like the Dems like to add to everything we buy or every dollar we earn.

[MidnightChimes]

Where in the Declaration or the Constitution does it say to borrow the money to pay for everything. That's what the conservatives have been doing for the last eight years...six of which they controlled Congress AND the Executive Branch. How do you blame the DEMS for that? That's pretty lame.

[VRWCnetwork]

I agree that the GOP after 9/11 spent like drunken sailors and some of us conservatives were angry that they weren't fiscally conservative. They "took a thumpin" for in '06. But seriously, if you think the Dems are the party of smaller government and lower taxes, you are blind to history. The first time a budget was balanced in over forty years was a year after the GOP gained the House. Reagan and Bush's tax cuts caused revenues to the fed to skyrocket. The problem is pork spending.

[MidnightChimes]

Not angry enough to stop attacking those of us who were pointing it out. Both Reagen and Bush raised taxes.  BushII has expanded this government beyond the borders of sense and reason. The pork spending was all done with the Republicans in control of Congress and Bush signing EVERYTHING. Dispute that.

[VRWCnetwork]

It must be nice to not let the facts get in the way of a political rant. If you don't think Reagan lowered taxes, you're nuts.

ANd I've said I didn't like the spending of the Congress after 2000. At least they slashed income, capital gains and the estate tax.

[Jinsai]

VRWCnetwork: "ANd I've said I didn't like the spending of the Congress after 2000. At least they slashed income, capital gains and the estate tax."

so, you disown the republican party post-2000 (in hindsight how convenient), but you still oppose the current alternative? great.

PS: McCain is going senile

[VRWCnetwork]

I didn't disown the GOP. I just criticized them for their pork spending practices. The current socialist who is running for POTUS will bring more taxes, more centralization and remove more of our freedoms (thermostats at 72 degrees for starters). Mack aint perfect but at least he's a budget hawk.

[MidnightChimes]

'taxation without representation' is what angered the colonists since they didn't have a voice in British Parliment and were being taxed for a war they didn't have a vote in. The voters are clearly represented in this nation. If people are unhappy with their taxes they can vote out the politician. The problem is not taxes, it's wasteful spending...like on international forays and massive protectionism. How about 'nation building'. Are you against that?

[VRWCnetwork]

We have both the problem of high taxes and government overspending.

Nation Building? Like we did for Germany and Italy and Japan after we kicked those fascists' asses? Yeah, I'm for it. If we can help stand up two republics as a free and successful example in a part of the world that is ruled by an armed doctrine of strapping bombs to their children or if it helps stop the spread of Islamofascism in Africa, you bet I'm for it. They create emerging markets for us to sell our products.

[MidnightChimes]

Name me ONE CITY that is overrun with 'street fights'? What exactly are the 'lib problems' of San Francisco?

Boston has areas that are pretty bad, both white and black neighborhoods. Mostly where people are poor.

Are you saying the Declaration and Constitution were conservative documents? It isn't the 'right for some to bear arms'. It's the right for each individual to bear arms. That's pretty liberal thinking! Notice how it is unrestrictive.

[VRWCnetwork]

Don't make this about race. Wherever liberalism has created a dependency class proletariat, there is bad violence among the poor and high crime rates. It's as true in parts of Appalachia as is it in Detroit. It's a simple question; are crime rates high where the people who live off welfare live?

[VRWCnetwork]

Yes the Constitution and Declaration were very conservative (i.e. classic liberalism) documents. They restricted the control of the government, excoriated high taxes, enumerated rights, and establish equality of opportunity.

They set up a representative republic to guard against the tyranny of the majority. Thos documents didn't say tax to death and redistribute wealth or takeover the health care or oil business.

[VRWCnetwork]

The sub prime collapse is due to the fact that these loans were extremely risky (that's why they're "sub-prime") and lots of people were loaned money that shouldn't have been. These people who didn't pay their mortgages knew why they were getting rated as sub-prime. -And it wasn't because they had good credit.

Olberman says; giving people OUR money who didn't pay their mortgages is "screwing those homeowners"?

You've got to THINK not just "feel".

[VRWCnetwork]

Of course, Olberman would never let the facts get in the way of a good story.

So long as he demonizes conservatives.

[MidnightChimes]

A small percentage of the loans are subprime. The banks rigged the system and the system is now fighting back.

[VRWCnetwork]

You're right only a small percentage of the loans are subprime and those are basically the only ones that are defaulting. How did the banks rig the system if so many are experiencing trouble because of these bad loans they made?

It's clever line but it's not true.

[MidnightChimes]

Oh really. My wife works in the industry and she has been saying 'watch out!" for the last six years.  Deregulation is the equivalent of pouring blood in the water near a shark...sometimes. Knock off the 'clever line' partisan dribble. America's in trouble and we need some smart "Americans" to step in and help it. Don't shoot at everyone just because they speak against your party. You do well to remember there are bad people in both.

[VRWCnetwork]

Your wife has been warning of what for six years? Has she been saying for six years that we're in a recession when our GDP has been growing? Or was she just warning that the Dems were going to cause this crash in the subprime markets by making it easier for banks to loan money to people with bad credit?

I am not shooting anyone 'cept those who loaned money they shouldn't have, the people who bought more house than they can afford and the Dems who removed the regulation on sub prime loans.

[VRWCnetwork]

And how bout answering my question instead of dodging and talking about your wife's warnings six years ago.

How did the banks rig the system if so many are experiencing trouble because of these bad loans they made?

[VRWCnetwork]

We're not in a recession. Even though some wish we were. Words mean things. -Specific things. It takes reason, not emotion to accurately evaluate a recession, a depression, inflation or stagflation. Each has their own specific definition. By definition, we're not in a recession. -No matter how emotional Obama wants to be when declaring a depression.

[VRWCnetwork]

Graham was right. People who are hit hardest by this slowdown ARE whining that this economy is in a depression. People ARE whining for more government handouts. Entitlements are 53% of government spending.

[Boobalopbop]

Oh and your way of mashing up is MUCH better than Verecifier because you show more than just quick sound bites.

[Boobalopbop]

Anticonformist, I know you welcome comments and suggestions... So I'll tell ya.  I like that you mash-up different news show's coverage on the topic of your videos. I tend to watch the same shows all the time on my podcasts (cnn politics daily and keith olbermann), so I miss out on other shows coverage and discussions, so... Nicely done :)