Investors Jittery After Sen. Reid Insurer Comment

October 2, 2008

  • October 2, 2008 at 4:21 am
    reaper says:
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    Once again a prominent democrat opens his mouth and spouts irresponsible facts that throw the market for another loop. It is pretty clear now that this market debacle was created by democrats and they should fix their own problems and stay the hell away from tax-payers pockets. Why can’t you be factual Sen. Reid? Oh, I forgot, you are a democrap!

  • October 3, 2008 at 10:06 am
    another guy named Rick says:
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    …what about those $110B in earmarks your buddies in Congress (both parties) have added to the ‘bailout’?? Shouldn’t you be more concerned with screwing the American public further (financially) than spreading rumors?

    I guess having a high paying job for life, cost of living increases, and the best retirement program on the planet makes you a little less concerned, eh?

  • October 3, 2008 at 12:49 pm
    Buckeye says:
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    I think this situation is yet another example of the demise of our political system. What we really have is a system comprised of blind loyalty to party regardless of the tactics or behavior necessary to achieve the desired end. This applies to both parties, by the way.

    I am a Republican and believe my party is very broken for some (or many) of the same reasons the Democrat party is broken. I am probably one of the naive many who belong to my party based on the purported ideals, core beliefs and principles of the party. Unfortunately, my party continues to disappoint me in far too many situations. Doing what is in the best interests of the country and in-line with the Consitution seems to be a distant third to party and self for members of both parties. This occurs to varying degrees and in different ways within each party, but is the case in both parties nonetheless.

    I am STARVING for leadership with a “say what he means and means what he says” approach. Unfortunately, even those people who have every intent to act as an individual stateman with unwavering principles invariably get swallowed up and polluted by their party. Unfortunately, I will likely be forced to continue for the foreseeable future to hold my nose while pulling the lever for the lesser of two evils.

  • October 3, 2008 at 1:39 am
    CA Account Manager says:
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    I’ve been saying for several years now that both parties are equally to blame for the problems the American Public faces. It’s all about getting into office and staying there, not doing the business the electorate hired you for.

    Ultimately tho, the enemy is us. Don’t tell us what we need to hear. Tell us what we want to hear. (What do the stats say? Voters think all of congress is worthless except for their guy?)

  • October 3, 2008 at 2:31 am
    Buckeye says:
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    I agree that the electorate is also guilty of the same blind party loyalty. Instead of accurately assessing the quality of the individual and/or the behavior, we convince ourselves he or she is OK since he or she is better than the alternative. In reality, the two alternatives are probably quite similar other than some talking points and the D or R after the name. I think we get exactly what we deserve in a way by having such low expectations and an apparent inability to make an honest assessment as voters. The reality, though, we need to vote for someone (i.e. the lesser evil as we see it) since not voting at all would not accomplish much in our current system.

  • October 4, 2008 at 2:30 am
    anon the mouse says:
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    Buck, you are right on. We have degenerated from a democracy to a near chaotic anarchy fueled by individualism and personal greed. That is shame on the American voter. Reid on the other hand appears to be a complete bumbling idiot willing to say anything without thought. What I didn’t catch, was he holding Pelosi’s hand or what was she holding? Our legislative branch needs a good housecleaning and renovation.

  • October 4, 2008 at 4:31 am
    LARRY LOGIC says:
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    HOW ABOUT TERM LIMITS? OUR FOUNDERS NEVER ENVISIONED CAREER POLITICIANS!

  • October 6, 2008 at 7:52 am
    Pete says:
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    Larry’s comment is ‘right on’. But I’ll add one thing. If you don’t pay taxes, you don’t get to vote. I mean ‘pay taxes’, not file a tax form to get a check via tax credits. Only those who pay to support this awful system should have a say in how their $$ is spent. Our primary problem is that there are too many ‘takers’ on the voter rolls. They simply vote to continue sucking off the system and those that pay to make it viable. That, plus tax limits, will solve most of our problems. I can tell you one result that would follow……Harry Reid (the bumbling looney tune) would be out of a job!

  • October 6, 2008 at 9:25 am
    TAR says:
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    Well put Reaper. Another Faux Pas by Harry Reid. Scares the markets that this bailout will save the insurers and then has his patsies in his office respond by covering his butt, by telling well this is what he meant. WEll than say it JackAs*. No REid and Pelosi are pathetic and their lack of real leadership helped put America’s financial woes in this position. Sens.Chris Dodd & John Kerry should be admonished and step down, but they won’t they’re democrats and not responsible for their actions. Just as Harry Reid is not responsible for his retarded comments, that lead to the Hartford and MetLife’s stock to drop in fear! Fear, the democrats best motivator!!!
    They all have to go in Washington.

  • October 6, 2008 at 10:28 am
    Orlando Taz says:
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    it’s obvious to me that there are a lot of ignorant Republicans out there from reading these posts. The underlying problem with our present economy is that Republicans have been in control for too long. Their approach of giving heavy tax breaks to the wealthy and corporate interests have taken their toll. The Middle-Class is the steam that runs the economic engine. When they are neglected, the engine quits running, and that’s exactly what has happened. The best economy we have had in recent times has been when Bill Clinton was President and had a congress that worked with him to eliminate the deficit and left office with an budget surplus….quickly wasted by George W Bush and his rubber-stamping congress….
    And as you can guess from reading my post…I won’t be voting for McSame this election…..

  • October 6, 2008 at 10:51 am
    Pete says:
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    Orlando Taz, you’re obviously a genius and an accomplished historian. Clinton’s surplus was quite obviously due to actions he took as President and had nothing to do with the actions of prior administrations (i.e. Reagan). If you were so brilliant (and not so partisan) you’d understand that anytime either party controls both the Executive and Legislative branchs of government it’s BAD for your MIDDLE CLASS, the LOWER CLASS – AND the top 10% (who pay 80% of the taxes in this country). Bad when Republican, bad when Democrat. Your crooks are no better than anybody elses crooks. When they control both branchs they’ll become VERY accomplished crooks, just like the Republicans did.
    How about making some arguements based upon factual information? Leave the B.S. to the politicians, OK?

  • October 6, 2008 at 11:23 am
    TAR says:
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    It obvious to me Taz you got the democratic talking points down to a T. You can spew their mantra all you want, but someday, like a new born kitten you will open your eyes and surprise! This is a congressional caused mess. Blame Bush, blame Lincoln and all other Republicans, but it was Barney Frank in the House and Christopher Dodd in the Senate that had oversight on banking and finance issues, who fell asleep or distracted Americans while they took, took and took from the taxpayers. For all Bush’s faults he and his administration sounded the alarm in 2003 about solvency Fannie Mae and Freddie Mac. But your buddies in the democratic party called Bush mistaken and a fear monger. What the democratic talking points fail to remind us: It was Sens. Dodd, Obama and Kerry who took the most campaign donations from Fannie &Freddie, a quasi-governmental agency spending taxpayer dollars to buy politicians off to look the other way. Or how about Franklin Raines syphoning $90 mill in 5 1/2 years as chair of Fannie Mae, now chief economic advisor for NOBama? No, immaterial Taz, right? Or Tim Howard and Jim Johnson, also taking from Fannie Mae, syphoning millions of taxpayer dollars, oh yea they are also NOBama’s Chief Economic Advisors. No NOBama likes to throw those stones and blame everyone else,(like a good marxist/communist would do – right out of the Saul Allinsky playbook) but look inside his own house and it stinks from corruption.
    Taz, you keep thinking it’s a Republican conspiracy and it’s all their fault. When reality hits it will be too late, cause NOBama will be sittin in the White House gloating how he litterly fleeced the American People. Then we will really be in trouble. Got to admit, NOBama has played the class warfare card very well and his minions around the country have bought into the Saul Allinksy manifesto.
    Tap your heels together — There’s no place like home, there’s no place like home…..

  • October 7, 2008 at 8:39 am
    Truthiest Kansan says:
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    Ummm, Franklin Raines isn’t the chief economic adviser to Barack Obama. In fact, he’s only talked to Raines once or twice. You need to stop obtaining your facts from Faux News and enter the real world.

  • October 7, 2008 at 6:48 am
    TAR says:
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    Uh, all the NObama info states that Franklin Raines is NOBama’s Chief Economic Advisor as well as Tim Howard, who also help rape Fannie Mae. I know the democratic talking points “CHANGE”, daily as the wind blows. So since the financial debacle it is quite possible for NObama to change like he did with Ayers and the illustrious Rev. Wright. Deny, deny, deny – right out of the communist manifesto. But I “HOPE” we all can get along.



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