Co-chair to the McCain campaign stepped down after criticism of his "nation of whiners" comment

Phil Gramm, an economic adviser to Republican presidential hopeful John McCain, resigned from his campaign on Friday in the fallout over his comment that the United States had become a "nation of whiners."

[Buzz Flederjon]

Quit whining, people!

Enjoy the endless wars, permanent recession, job losses, inflation, high gas costs, corruption, and gay airport incidents that the Bush/McCain Republican Party has brought you!

[Panda]

Buzz, They are not going to quit whining! You can hand them a million dollars or what have you and they for sure will say, "Why didn't you give this to me yesterday"...bla bla bla

[Lets Get Real]

I like to call it Victim America! Here's how it works.

Claim to be a victim of something. The Imigration and Naturalization Service. The New Yorker. The good ole boy network. You name it.

Than you manipulate from the underdog position. It's hard for your opponents to "Pick on" the "victim."

Stand up. Admit to where you are. And do you best to fix it. But it is a lot easier to be a whining victim.

[len117]

It's people like Phil Gramm who have destroyed this nation. He is nothing more than a greedy over the hill leech, and his over the hill buddy McCain is just like him.
I hope to see the day that this nation wakes up and expells these rotten greedy fools. They are not good enough to live on American soil.

[Ava Mae Lewis]

But Karl Rove who tried to get a special prosecutor fired, is in?

Straight talk lost its wheels

[YEAH I SAID IT]

This man's campaign is falling apart.

[Pdamerica org]

McCain guru linked to subprime crisis
3/28/08 / http://tinyurl.com/2ujo9b
The general co-chairman of John McCain’s presidential campaign, former Sen. Phil Gramm (R-Texas), led the charge in 1999 to repeal a Depression-era banking regulation law that Democrat Barack Obama claimed on Thursday contributed significantly to today’s economic turmoil.

“A regulatory structure set up for banks in the 1930s needed to change because the nature of business had changed,” the Illinois senator running for president said in a New York economic speech.“But by the time [it] was repealed in 1999, the $300 million lobbying effort that drove deregulation was more about facilitating mergers than creating an efficient regulatory framework.”
Gramm’s role in the swift and dramatic recent restructuring of the nation’s investment houses and practices didn’t stop there.

A year after the Gramm-Leach-Bliley Act repealed the old regulations, Swiss Bank UBS gobbled up brokerage house Paine Weber. Two years later, Gramm settled in as a vice chairman of UBS’s new investment banking arm.

Later, he became a major player in its government affairs operation. According to federal lobbying disclosure records, Gramm lobbied Congress, the Federal Reserve and Treasury Department about banking and mortgage issues in 2005 and 2006.

During those years, the mortgage industry pressed Congress to roll back strong state rules that sought to stem the rise of predatory tactics used by lenders and brokers to place homeowners in high-cost mortgages.

For his work, Gramm and two other lobbyists collected $750,000 in fees from UBS’s American subsidiary. In the past year, UBS has written down more then $18 billion in exposure to subprime loans and other risky securities and is considering cutting as many as 8,000 jobs. http://www.politico.com/news/stories/0308/924...

[Pdamerica org]

McCain's Economic Advisers Draw Fire
Washington Post: Democratic Opponents Are Plotting Attacks On Phil Gramm And Carly Fiorina / April 2, 2008 / http://tinyurl.com/2wvk28
One of them helped deregulate the financial services industries in the 1990s, and now sits in the corporate suites of Swiss banking giant UBS, which yesterday announced $19 billion in investment losses tied to the crumbling U.S. real estate market.

The other pushed one of the most aggressive and controversial mergers of the technology boom, then was sacked by the disenchanted board of Hewlett-Packard.

Former senator Phil Gramm, with his aw-shucks Texas drawl, may at first blush have little in common with Carly Fiorina, the telegenic former chief executive of Hewlett-Packard. But they share a bond: Both are leading economic advisers of Sen. John McCain (Ariz.), the presumptive Republican nominee for president, and both have reputations as the kind of aggressive capitalists that may be sliding from favor as the nation's economy edges toward recession.
http://www.cbsnews.com/stories/2008/04/02/pol...

[Pdamerica org]

Energy Market Manipulation
TEXAS REPUBLICAN SENATOR PHIL GRAMM & ENRON MANIPULATING OIL PRICES./ Michael Greenberger, Former Director, Commodities Future Trading Commission 1997-1999.
Michael Greenberger discusses the role of unregulated oil speculators on the buying and selling of oil futures. He says legislation passed in 2000 created an environment where oil speculators influence the current day price of oil and other crude products.
http://www.c-spanarchives.org/library/index.p...

==========

Stop Oil Speculation Now
http://www.stopoilspeculationnow.com/

Stop Oil Speculation Now Press Conference
http://www.stopoilspeculationnow.com/site/pag...

[Pdamerica org]

It's still about oil in Iraq
http://tinyurl.com/y28lea December 8, 2006
A centerpiece of the Iraq Study Group's report is its advocacy for securing foreign companies' long-term access to Iraqi oil fields.
WHILE THE Bush administration, the media and nearly all the Democrats still refuse to explain the war in Iraq in terms of oil, the ever-pragmatic members of the Iraq Study Group share no such reticence.

Page 1, Chapter 1 of the Iraq Study Group report lays out Iraq's importance to its region, the U.S. and the world with this reminder: "It has the world's second-largest known oil reserves." The group then proceeds to give very specific and radical recommendations as to what the United States should do to secure those reserves. If the proposals are followed, Iraq's national oil industry will be commercialized and opened to foreign firms.

The report makes visible to everyone the elephant in the room: that we are fighting, killing and dying in a war for oil. It states in plain language that the U.S. government should use every tool at its disposal to ensure that American oil interests and those of its corporations are met.
It's spelled out in Recommendation No. 63, which calls on the U.S. to "assist Iraqi leaders to reorganize the national oil industry as a commercial enterprise" and to "encourage investment in Iraq's oil sector by the international community and by international energy companies." This recommendation would turn Iraq's nationalized oil industry into a commercial entity that could be partly or fully privatized by foreign firms.

This is an echo of calls made before and immediately after the invasion of Iraq.
http://www.latimes.com/news/opinion/la-oe-juh...

[Dover]

The liberal leftist democrats are openly against the war in Iraq. Privatly they are jubilating.

They are making tons of money from companies in their pockets who manufacture everything from ordnance to the food the soldiers eat.

Their share of all that is spent is earning them about 45%. Multiply billions and billions of dollars and then take 45%. They are litterally rolling in money.

These hippocrits include the Clintons, Polosi, Feinstein, Boxerface, Kennedy (too bad he didn't succum to cancer), and of course OBAMA YO-MAMA.

THEY want to prolong the war !!!!!

Not even fidel Castro was as corrupt as these bastards and bitches.

[strut2k]

Phil Gramm had the misfortune of speaking the truth about the way Republicans feel about people.

McCain and the GOP will try to sweep Gramm under the rug, but they will never repudiate the Gramm mindset. All the breaks for the rich and for corporations. The average American, you're on your own chumps.

[Dajokerman]

Buzz Flederjon wrote:

Quit whining, people!
Enjoy the endless wars, permanent recession, job losses, inflation, high gas costs, corruption, and gay airport incidents that the Bush/McCain Republican Party has brought you!

You know, I actually know a Republican that said that he wanted to still vote for them because of the comedy value... no joke.

[Dajokerman]

Dover wrote:

The liberal leftist democrats are openly against the war in Iraq. Privatly they are jubilating.
They are making tons of money from companies in their pockets who manufacture everything from ordnance to the food the soldiers eat.
Their share of all that is spent is earning them about 45%. Multiply billions and billions of dollars and then take 45%. They are litterally rolling in money.
These hippocrits include the Clintons, Polosi, Feinstein, Boxerface, Kennedy (too bad he didn't succum to cancer), and of course OBAMA YO-MAMA.
THEY want to prolong the war !!!!!
Not even fidel Castro was as corrupt as these bastards and bitches.

Dover, how many times do people have to tell you to stay on your meds and off the computer.

[lynnette]

pdamerica gives lots of very interesting information and leads -- too bad that Gramm is so awful that any comprehensive researcher has hours and hours of work ahead of him! There are interesting hints about the Bush Administration approving of the oil deal made separately between the Kurdish region and a Texas-based Hunt oil company. Then there are claims of innocence and non-involvement from the State department when all sorts of Bushies and oilies from the US were over in Iraq "helping" them draft a new oil law. Gramm is another of the political flunkies for big oil - but he adds a sophisticated right-wing economic theory and a pair of glasses and a knowing look. What an act! What a pretence that all those right-wing types are just conservatives, or protectors of family values, or middle America. There used to be lots of decent people in the Republican Party - even George I looks good by comparison! We have a traditional small-town conservative Republican Senator, and he, too, looks very good in comparison with most Republican Senators. Craig, Inhofe, McConnell, Cornyn, and DeMent are among the worst. Some are at least amiable - Corker, Alexander, Enzi, Cochran, and that helps a bit. Gramm would have ranked at the top of list for very bad Senators serving special interests and his own greed and ambition.

[jimmy farter]

sounds like all the liberal democrap whiners want more handouts & entitlements while not working for them or taking responsibility!!!!

also sounds like obama & michelle's lives story!

[just had lunch]

YEAH I SAID IT wrote:

This man's campaign is falling apart.

obviously...he's in total disarray, obama has 20 times the campaign money, and a slick madison avenue campaign chief and...oh my gosh, they're ahead of mccain by, 2, 3 percent...

the democrat's BEST choice isn't beating the republicans WORST choice...

get a clue, dimwit!

[just had lunch]

Buzz Flederjon wrote:

Quit whining, people!
Enjoy the endless wars, permanent recession, job losses, inflation, high gas costs, corruption, and gay airport incidents that the Bush/McCain Republican Party has brought you!

that's ALL you do, is whine ... well, i take that back, you bitch and point fingers pretty good too.

[Wonderwall]

Gramm is right. Too much television, convienience food, technology, etc. has made America a bunch of petulant little whiners. Many of us don't realize how good we have it. Most of us need to stop whining and do some push ups or something.

[Guess who]

Buzz Flederjon wrote:

Quit whining, people!
Enjoy the endless wars, permanent recession, job losses, inflation, high gas costs, corruption, and gay airport incidents that the Bush/McCain Republican Party has brought you!

oh no Amaerica is just thrilled with it's jack job....