Lehrer: Debate Can Tackle Economy
Friday, September 26, 2008 at 10:01 am
Jim Lehrer, the respected PBS journalist tapped to moderate the first presidential debate, has announced that the event’s designated focus on foreign policy will not preclude a discussion of the current economic crisis.
The New York Times reports that Lehrer sent an email making this point in advance of tonight’s debate, if there is one: “I am not restrained from asking questions about the financial crisis.” He even added a happy sign-off: “Stay tuned!”
That message carries some weight, because Lehrer and the Debate Commission have assiduously tried to avoid “taking sides” between the candidates’ diverging views on the debate. Yet the organizers are obviously invested in pulling the debate off as planned, with both nominees in attendance.
However, by proactively announcing a shift towards economic topics, which was not in the original plan, Lehrer may be slightly advancing Obama’s argument that the debate is part of working toward national consensus on addressing the financial crisis — not a distraction from it, as McCain has asserted.
6 Comments
Comment posted September 26, 2008 @ 8:05 am
So is Lehrer actually suggesting that talking about our problems in an open and public forum is a good thing? Amazing!
Comment posted September 26, 2008 @ 11:48 am
No $700 Billion dollar bailout for all the over paid crooks in Washington and Wall Street!!!! Didn't Bush and McCain just tell us that our economy was sound a couple of weeks ago? Obama needs to not get on the Bailout wagon if he wants my vote and many other hard working or (out of work) blue collar workers in this country. Obama will lose this election if he supports this Bailout plan!!!! Is there one honest Politician left in this Country? The answer to that is NO, NO,and NO and the Hardworking American Citizens of this Country deserve a hell of alot better!!!!
Comment posted September 26, 2008 @ 12:57 pm
I do hope that the debate will bring to light some substantive changes to the way we do business in our country. In a capitalistic society as ours, just how much is a CEO of a unprofitable company worth? How much is a Wall Streeter worth? When the average median household income in 2007 was $50,000, how much more are these guys worth? I'm self-employed, I believe in the free enterprise, but we the people have not had a say about the pay, the arrogance and the elitism that has grown like a cancer in our country.
Comment posted September 28, 2008 @ 1:43 pm
Subject: AIG Bailout
Here's a new twist on our financial crisis..
I'm against the $85,000,000,000 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in a “”We Deserve
It Dividend”".
To make the math simple, let's assume there are 200,000,000 bonafide U.S.
Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child.
So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billon that equals $425,000.
My plan is to give $425,000 to every person 18+ as a “We Deserve It
Dividend”. Of course, it would NOT be tax free.
So let's assume a tax rate of 30%. Every individual 18+ has to pay
$127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500 in their pocket. A husband
and wife has $595,000.
What would you do with $297,500 to $595,000 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads
Put away money for college – it'll be there
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent's medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else
Remember this is for every adult U S Citizen 18+ including the folks who
lost their jobs at Lehman Brothers and every other company that is cutting
back. And of course, for those serving in our Armed Forces.
If we're going to re-distribute wealth let's really do it….instead of
trickling out a puny $1000.00 (“vote buy”) economic incentive that is being
proposed by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult U S
Citizen 18+!
As for AIG – liquidate it. Sell off its parts.
Let American General go back to being American General.
Sell off the real estate. Let the private sector bargain hunters cut it up
and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can “never work.”
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
“We Deserve It Dividend” more than I do the geniuses at AIG or in Washington
DC.
And remember, The Family plan only really costs $59.5 Billion because $25.5
Billion is returned instantly in taxes to Uncle Sam.
Ahhh…I feel so much better getting that off my chest.
Kindest personal regards,
A Creative Guy & Citizen of the Republic.
PS: Feel free to pass this along to your pals as it's good for a laugh
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