Posts with the tag 'reform'

Rein

Today, McCain-Palin 2008 released its latest television ad, called “Rein.”

15 comments September 30th, 2008

Who Tried to Protect Taxpayers from This Financial Crises?

Not the Democrats, who scuttled vigorous attempts by Republicans to regulate and reform Fannie Mae and Freddie Mac. Here is a C-SPAN video from a 2004 House hearing where the regulator of Fannie and Freddie (OFHEO) gets treated like the criminal for unveiling the previous crimes of the likes of Jim Johnson, Franklin Raines and Jamie Gorelick and attempting to reform the institution:

Note: Who led the charge in the Senate to reform these corrupt and mismanaged institutions that we are all paying for now? John S. McCain.

15 comments September 29th, 2008

Who is Sarah Palin?

Here is what Newsweek had to say about her LAST YEAR:

In Alaska, Palin is challenging the dominant, sometimes corrupting, role of oil companies in the state’s political culture. “The public has put a lot of faith in us,” says Palin during a meeting with lawmakers in her downtown Anchorage office, where—as if to drive the point home—the giant letters on the side of the ConocoPhillips skyscraper fill an entire wall of windows. “They’re saying, ‘Here’s your shot, clean it up’.” For Palin, that has meant tackling the cozy relationship between the state’s political elite and the energy industry that provides 85 percent of Alaska’s tax revenues—and distancing herself from fellow Republicans, including the state’s senior U.S. senator, Ted Stevens, whose home was recently searched by FBI agents looking for evidence in an ongoing corruption investigation. (Stevens has denied any wrongdoing.) But even as she tackles Big Oil’s power, Palin has transformed her own family’s connections to the industry into a political advantage. Her husband, Todd, is a longtime employee of BP, but, as Palin points out, the “First Dude” is a blue-collar “sloper,” a fieldworker on the North Slope, a cherished occupation in the state. “He’s not in London making the decisions whether to build a gas line.”

In an interview with NEWSWEEK, Palin said it’s time for Alaska to “grow up” and end its reliance on pork-barrel spending. Shortly after taking office, Palin canceled funding for the “Bridge to Nowhere,” a $330 million project that Stevens helped champion in Congress. The bridge, which would have linked the town of Ketchikan to an island airport, had come to symbolize Alaska’s dependence on federal handouts. Rather than relying on such largesse, says Palin, she wants to prove Alaska can pay its own way, developing its huge energy wealth in ways that are “politically and environmentally clean.”

September 3rd, 2008


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