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Panic City

Unease about McCain. Jim Johnson: The view from Cornell. Lethal insurance. The Colbert Christmas drug show. A Scot never forgets. Plus much more.

(Page 2 of 15)

/p> p> Robert Stacy McCain replies: br> Well, certainly the proposal that Chris Cox be replaced with Andrew Cuomo as SEC chairman would be admissible as evidence of a Republican candidate’s insanity. Putting a Democrat in charge of the stock market? As the kids say, that’s wack. /p>

In reading Robert McCain’s article, I was thrown off. He tone seemed to indicate that the criticism of Sarah Palin has had a negative effect. He writes, “Relentless media criticism of Palin seems to have succeeded, at least temporarily, in turning Palin from an asset to a debit for the GOP ticket.”

Although I am no accountant, I did learn enough in accounting to know that an asset is a debit in double-entry book keeping, while a credit is a liability. So either he’s really saying that the criticism (or questions by some standards) has had no effect on Palin, or his accounting is as woeful as Fannie and Freddie’s (ace lobbyist cum McCain advisor Rick Davis should have known). Like many Americans I wonder if Sarah Palin (let alone those who write about her) knows the difference between debits and credits — knowledge fundamental to understanding America’s financial crisis. The “criticism” of Palin could be more accurately characterized as asking questions of her mettle. There has been little outrage when difficult questions have been asked about Barack Obama and he has answered those questions. Palin meanwhile has been insulated from answering almost all questions and those being asked are decried as unfair.

p>Should you have the opportunity to interview our Vice Presidential candidate, go ahead and ask her what’s the difference between credits and debits. br> — Matthew Beckwith /p>

“The other” McCain wrote a book on sex, crime and corruption in the Democratic Party. Is there anybody who believes that the Republican Party is immune to these? Who traded an unattractive wife against a rodeo beauty with a lot of money?

p>Presumably “the other” McCain is not the right man to author a book on these flaws of the Republican Party. br> —
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topics:
Education, Trade, Health Care, John McCain, Barack Obama, Sarah Palin, Business, Books, Movies, Law, Military, Russia, NATO, Energy, Oil

Letter to the Editor View all comments (5) |

D R Sanchez| 6.19.09 @ 1:57AM

Bailout 2008 by David Jeffrey

Like a bloodied warrior,
laying broken and torn.

Like a dying soldier, hopeless and forlorn.

But the blood, it be green,
the color of money.

And the soldier is an economy,
and it is anything but funny.

Broken are it's people and shattered are their dreams.

Thanks to the ultra rich and their full proof schemes.

It is a tragedy with more pain to come.

Finance will be Hell, and their wills will be done.

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