MICHAEL O. ALLEN

Category

Homepage

You’re afraid of change

By HomepageNo Comments

The Matrix, 1999

>

I know you’re out there.

I  can feel you now.

I know that you’re afraid.

You’re afraid of us.

You’re afraid of change.

I don’t know the future.

I didn’t come here to tell you how this is going to end.

I came here to tell you how it’s going to begin.

I’m going to hang up this phone and then I’m going to show these people what you don’t want them to see.

I’m going to show them a world without you, a world without rules and controls, without borders or boundaries, a world where anything is possible.

Where we go from there is a choice I leave to you.

Sorry, Senator.

By HomepageNo Comments

No, Sen. McCain, the election will not be suspended just because circumstances do not currently favor your ascension to the presidency.

One way or another, Republican misrule must end. John McCain cannot postpone the inevitable. If he has any idea how the nation should navigate these treacherous economic waters, he should propose them. One thing is clear: the administration’s current proposal that Congress hand over $700 billion without oversight is not going to work.

They need to either come up with a more realistic plan, or negotiate one with the Congress.

Stone throwers

By HomepageNo Comments

Should not live in glass houses

John McCain was Chuck Keating’s cabana boy

How could McCain, a man with his background, try to falsely tie Sen. Barack Obama to former Fannie Mae Chairman Frank Raines? McCain, corrupt and out of his depth, is beginning to show he has no plan, no scruples, and that he would do anything that his sludge merchants of Republican campaign advisors tell him to do.

Other than that, like Obama, Raines is black, the connection between the two men is tenuous, at best.

He should not have put his name to slime. McCain’s connection to corrupt people–Keating, Phil Gramm and Carly Fiorina–is well established.

Joe Biden @ St. Claire Shores, MI

By HomepageNo Comments

Biden: The Case for Change

Transcript:

Eight years ago, a man ran for President who claimed he was different, not
a typical Republican. He called himself, you remember, he called himself a reformer. He admitted that his Party, the Republican Party, had been wrong about a number of things in times past. He promised us, if you remember, it was a major selling point, that he would work with Democrats. He said he’d been working with Democrats for a long time in Texas.

That candidate was George W. Bush. Remember those promises? Remember the promise to reach across the aisle? To change the way things were done in Washington. To change the tone? To restore honor and dignity to the White House?

You know, we saw how that story ends. A record number of home foreclosures. Home values, tumbling. And the disturbing news that the crisis that you’ve been facing on Main Street is now hitting Wall Street, taking down Lehman Brothers and threatening other large financial institutions.

Read More

John, the tool

By HomepageNo Comments

McCain Embraces Regulation After Many Years of Opposition

By Michael D. Shear, Washington Post Staff Writer, Wednesday, September 17, 2008; A01

A decade ago, Sen. John McCain embraced legislation to broadly deregulate the banking and insurance industries, helping to sweep aside a thicket of rules established over decades in favor of a less restricted financial marketplace that proponents said would result in greater economic growth.

Now, as the Bush administration scrambles to prevent the collapse of the American International Group (AIG), the nation’s largest insurance company, and stabilize a tumultuous Wall Street, the Republican presidential nominee is scrambling to recast himself as a champion of regulation to end “reckless conduct, corruption and unbridled greed” on Wall Street.

“Government has a clear responsibility to act in defense of the public interest, and that’s exactly what I intend to do,” a fiery McCain said at a rally in Tampa yesterday. “In my administration, we’re going to hold people on Wall Street responsible. And we’re going to enact and enforce reforms to make sure that these outrages never happen in the first place.”

McCain hopes to tap into anger among voters who are looking for someone to blame for the economic meltdown that threatens their home values, bank accounts and 401(k) plans. But his past support of congressional deregulation efforts and his arguments against “government interference” in the free market by federal, state and local officials have given Sen. Barack Obama an opening to press the advantage Democrats traditionally have in times of economic trouble.

Continue . . .

NYT Editorial: Mr. McCain and the Economy

By HomepageNo Comments

John McCain spent Monday claiming as he had countless times before — that the economy was fundamentally sound. Had he missed the collapse of Lehman Brothers or the sale of Merrill Lynch, which were announced the day before? Did he not notice the agonies of the American International Group? Was he unaware of the impending layoffs of tens of thousands of Wall Street employees on top of the growing numbers of unemployed workers throughout the United States?

On Tuesday, he clarified his remarks. The clarification was far more worrisome than his initial comments.

He said that by calling the economy fundamentally sound, what he really meant was that American workers are the best in the world. In the best Karl Rovian fashion, he implied that if you dispute his statement about the economy’s firm foundation, you are, in effect, insulting American workers. “I believe in American workers, and someone who disagrees with that — it’s fine,” he told NBC’s Matt Lauer.

Let’s get a few things straight. First, no one who is currently running for president does not “believe in American workers.”

Continue . . .