Phil Gramm is a corporate scumbag (Part 2)

Every time you look around lately, John McCain and friends are spouting off about important issues like the economy, globalization and Social Security. And with each passing day, they give Americans a clearer sign of just how out of touch they really are.

Earlier this week, Senator McCain called the system that finances Social Security retiree benefits "an absolute disgrace," even though the pay-as-you-go system remains successful for millions of Americans since it was established during FDR's administration.

Now, the McCain campaign's co-chair, former Sen. Phil Gramm of Texas, says that America's economy isn't doing all that badly. In fact, he told The Washington Times: "We've never been more dominant; we've never had more natural advantages than we have today."

Phil Gramm makes a living heading up a Swiss bank, thus he's insulated from reality. He's as out of touch as John McCain. The facts don't register with these multi-millionaires, just as they didn't register with George W. Bush.

McCain, Gramm and Bush are the kind of guys who see "strong fundamentals," when most Americans see six months of job losses, declining wages, the highest foreclosure rates since the Great Depression, and skyrocketing fuel and food prices.

Now, Phil Gramm tells The Washington Times, we have "sort of become a nation of whiners. ... You hear this constant whining, complaining about a loss of competitiveness, America in decline."

How much more evidence do we need that Senator McCain's top economic advisor -- the man McCain says he's considering for Secretary of the Treasury -- hasn't got a clue about the real problems facing America's working families?

In Gramm's America, the current economic downturn we're living through isn't so bad. "You've heard of mental depression; this is a mental recession," he told the Times. "We've never been more dominant; we've never had more natural advantages than we have today," he went on to say.

Gramm's talk of "mental depression" replays Senator McCain's assertion in January 2008: Concerns about our downward spiraling economy are "psychological." Speaking at a Town Hall, McCain labeled "the fundamentals of our economy" as "still strong" and shrugged off worries by saying "a lot of this is psychological."

Gramm won't even go that far. He's says the economic downturn is a fiction created by the media to boost sales, explaining: "Misery sells newspapers. ... Thank God the economy is not as bad as you read in the newspapers every day." Someone should clue this multi-millionaire in: Gasoline is going for more than $4 a gallon, and a lot of Americans can't afford a daily paper these days.

Americans aren't whining. They are voicing their justified frustration with policies that put profits over people. They have had it with politicians who stand in the way of change -- like providing health care for all. Most of all, they are tired of being told that this country's problems are imaginary. Those problems are very real to the millions who have lost their jobs, their homes and the hopes of a secure retirement. They want leaders who will fight for them, instead of leaders who refuse to deal with reality.
http://www.huffingtonpost.com/gerald-mcentee/mccains-out-of-touch-co-c_b_1120...

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[BoomerNavy70]

Phil Gramm will go down in history as one of the most evil and most incompetent Republicans ever to serve in the Congress and the Senate.

Keep in mind that these are the kind of people that are influencing your children into thinking that these kinds of decision making policies are just fine as long as you don't get caught.

I am just glad that I do not have to call Phil Gramm my father or anyone associated with my family. He is a god damn disgrace to this nation and to himself.

[talktal]

but here's the question, why doesnt the obama campaign push the strong connections between gramm, the financial debacle, and mccain's economic policies? they obviously must see this connection as touchy, but why?

[TYX91101]

He's too much a fool to be considered elite. As we say in Texas he's an ignoramus. A finger pointing, Bible thumping hypocrite. Why he is resurfacing now is a mystery to me - McCain's having a hard time finding a team with all the child molesting homosexuals sitting in the Republican seats of Congress.

[jdemosth]

union bank of switzerland

[sophiegromit]

It's mind-boggling how the citizens that get screwed the most by these elitist bastards, are the ones that support them the most, and fly their flags the highest!!! Americans have been BRAINWASHED!!! Alas, the 'dumbing down' of America continues unabated. They have no real solutions.

[sophiegromit]

Phil Gramm is an 'out of touch', elitist fuck. He has no idea about the extent of our current economic recession. Gramm is an insult to intelligent, realistic Americans everywhere!

[GlobalSufi]

the absolute shit that falls out of McCain´s mouth absolutely stuns me.

[boxofcrap0987]

Thank you for posting this. Not everyone gets these programs on TV and youtube is great for watching these important news investigations.

[Govtflu]

"Phil Gramm is a corporate scumbag".. elegant in it's brevity.

[slimdaddy68]

Phil Gramm has no morals or conscience whatsoever. A patriot would never side with a foreign-owned institution over the protect of the American people from corporate abuse. Gramm is not an American 'cause his allegiance is for sale to the highest bidder.