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Phil Gramm is a corporate scumbag (Part 1)
Every time you look around lately, John McCain and friends are spouting off about important issues like the economy, globalization and Social Security. And with each passing day, they give Americans a clearer sign of just how out of touch they really are.
Earlier this week, Senator McCain called the system that finances Social Security retiree benefits "an absolute disgrace," even though the pay-as-you-go system remains successful for millions of Americans since it was established during FDR's administration.
Now, the McCain campaign's co-chair, former Sen. Phil Gramm of Texas, says that America's economy isn't doing all that badly. In fact, he told The Washington Times: "We've never been more dominant; we've never had more natural advantages than we have today."
Phil Gramm makes a living heading up a Swiss bank, thus he's insulated from reality. He's as out of touch as John McCain. The facts don't register with these multi-millionaires, just as they didn't register with George W. Bush.
McCain, Gramm and Bush are the kind of guys who see "strong fundamentals," when most Americans see six months of job losses, declining wages, the highest foreclosure rates since the Great Depression, and skyrocketing fuel and food prices.
Now, Phil Gramm tells The Washington Times, we have "sort of become a nation of whiners. ... You hear this constant whining, complaining about a loss of competitiveness, America in decline."
How much more evidence do we need that Senator McCain's top economic advisor -- the man McCain says he's considering for Secretary of the Treasury -- hasn't got a clue about the real problems facing America's working families?
In Gramm's America, the current economic downturn we're living through isn't so bad. "You've heard of mental depression; this is a mental recession," he told the Times. "We've never been more dominant; we've never had more natural advantages than we have today," he went on to say.
Gramm's talk of "mental depression" replays Senator McCain's assertion in January 2008: Concerns about our downward spiraling economy are "psychological." Speaking at a Town Hall, McCain labeled "the fundamentals of our economy" as "still strong" and shrugged off worries by saying "a lot of this is psychological."
Gramm won't even go that far. He's says the economic downturn is a fiction created by the media to boost sales, explaining: "Misery sells newspapers. ... Thank God the economy is not as bad as you read in the newspapers every day." Someone should clue this multi-millionaire in: Gasoline is going for more than $4 a gallon, and a lot of Americans can't afford a daily paper these days.
Americans aren't whining. They are voicing their justified frustration with policies that put profits over people. They have had it with politicians who stand in the way of change -- like providing health care for all. Most of all, they are tired of being told that this country's problems are imaginary. Those problems are very real to the millions who have lost their jobs, their homes and the hopes of a secure retirement. They want leaders who will fight for them, instead of leaders who refuse to deal with reality.
http://www.huffingtonpost.com/gerald-mcentee/mccains-out-of-touch-co-c_b_112019.html
Length: 650
Rating: 4.90 (18 ratings)
Tags: Keith olbermann Phil Gramm UBS Barack Obama john Mccain economy speech interview debate oil gas prices NAFTA tax cuts commentary analysis gotcha! grassroots outreach documentary news
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John McCain & Phil Gramm: It's All In Your Head
TITLE: John McCain & Phil Gramm: It's All In Your Head
TEXT: John McCain on Advisor Phil Gramm (Before)
McCain: "A person I've had the honor and pleasure of knowing as a friend and a great economist... my dear friend and comrade, Senator Phil Gramm." [McCain Town Hall, CNN Live Feed, (Waco, TX ), 3/3/08]
McCain: "There is no one in America that is more respected on the issue of economics than Senator Phil Gramm. So I'm honored that you are here, Phil. Thank you for your great service." [Speech at Dell Headquarters, Round Rock, TX, 2/29/08]
McCain: "A lot of the people that I respect that are advising me, like Phil Gramm and Jack Kemp..." [ABC This Week, 2/17/08]
TEXT: ...But Then.
PHIL GRAMM: "You've heard of mental depression; this is a mental recession... You just hear this constant whining, complaining... We've sort of become a nation of whiners."
[Washington Times, 7/9/08]
MCCAIN: "Phil Gramm does not speak for me. I speak for me." [Media Availability, Belleville, MI, 07/10/08]
GERSH: "Is Senator Gramm still giving advice to Senator McCain?"
HOLTZ-EAKIN: "No."
GERSH: "No."
HOLTZ-EAKIN: "At -- I haven't spoken to Senator Gramm since the comments took place, and I'm not expecting to." [PBS Nightly Business Report, 7/11/08, http://www.pbs.org/nbr/site/onair/transcripts/080711b/]
Carl Cameron; While McCain was saying Gramm doesn't speak for him today, Gramm was in fact speaking for him to the WSJ editorial board and saying that he's not going to retract anything he said and that every word is true. [Fox News, 7/10/08]
TEXT: The John McCain-Phil Gramm Economic Plan: It's All In Your Head
MCCAIN: "I think, psychologically -- and a lot of our problems today, as you know, are psychological ...A little psychological boost. Lets have some straight talk. Its not a huge amount of money... a little psychological boost, that's what I think it would help." [Your World with Neil Cavuto, 4/16/08, http://www.youtube.com/watch?v=cvCpFWzmP1Y]
McCain: "Now, as far as putting additional money in American taxpayers' pocket, that's fine, because a lot of this is psychological, a lot of it is psychological." [McCain Town Hall, (West Palm Beach, FL) 1/24/08]
McCain: "Even though it would take some years, the fact that we are exploiting those reserves would have psychological impact that I think is beneficial." [McCain Town Hall, (Fresno, CA), 6/23/08, http://www.youtube.com/watch?v=_dHbzkXFcK4]
McCain: "And finally, could I just mention on the issue of rebates, fine, because part of this is psychological. Part of the problem we have in any recession is psychological." [CNN Debate, 1/30/08]
AUDIO: "You just hear this constant whining, complaining... We've sort of become a nation of whiners."
TEXT: John McCain: The Wrong Choice on the Economy
Length: 123
Rating: 4.70 (64 ratings)
Tags: McCain Gramm Double Talk Economy Whiner Psychological Mental Recession
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Lou Gramm-Midnight Blue
Concert at the Fillmore 1/24/08 Awesome!
Length: 303
Rating: 5.00 (9 ratings)
Tags: Lou Gramm rock
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Nation of Whiners Phil Gramm
Phil Gramm, who now is the No. 2 at the Swiss bank UBS, told The Washington Times the U.S. has benefited from globalization but most Americans are misguided by constant reports that the economy is at its worst in 30 years.
"You've heard of mental depression; this is a mental recession," Gramm, a former Texas senator, told the newspaper, adding that the presumptive Republican nominee will face an uphill battle fighting those perceptions.
"We have sort of become a nation of whiners," he said. "You just hear this constant whining, complaining about a loss of competitiveness, America in 'decline' despite a major export boom that is the primary reason that growth continues in the economy."
Length: 249
Rating: 5.00 (15 ratings)
Tags: Nation of Whiners McCain Phil Gramm
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McCain & Gramm: It's all in your head
Does John McCain actually agree with Phil Gramm's statement on a "nation of whiners"?
McCain's top economic adviser Phil Gramm: "...this is a mental recession... We have sort of become a nation of whiners."
John McCain, West Palm Beach Town Hall, 1/24/08: "As far as putting additional money in American taxpayer's pocket, that's fine because a lot of this is psychological. A lot of it's psychological.
"Because I believe the fundamentals of our economy is still strong. And it's not absolutely necessary that we are gonna be in a recession."
John McCain on "Your World with Neil Cavuto" show 4/16/08: "I'm very concerned about it Neil, and obviously, the way that it's been going up is just terrible but I think psychologically, and a lot of our problems today as you know are psychological, confidence, trust, uncertainty about our economic future, ability to keep our own home, this might give them a little psychological boost. Let's have some straight talk. ... and a little psychological boost."
John McCain from Jan. 30 Reagan Library debate. "... part of this is pscyhological. Part of the problem we have in any recession is psychological, and I'm still optimistic..."
Length: 43
Rating: 4.60 (40 ratings)
Tags: mccain phil gramm psychological economy recession
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TPMtv: Sunday Show Roundup: Phil Gramm Whine Time
Your Daily Politics Video Blog: Was Phil Gramm right about America being a nation of whiners in a mere mental recession? Will John McCain continue to receive his advice? We take a look at the weekend's continuing Phil Gramm fallout in today's Sunday Show Roundup episode of TPMtv.
Length: 445
Rating: 4.90 (130 ratings)
Tags: politics video blog phil gramm john mccain nation whiners mental recession economy
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