Reader comments
Utahns divided on who can solve financial crisis
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Professor | 12:19 a.m. Oct. 16, 2008
It might help for a few people to read the Constitution and use that as a
measuring stick as to who can solve the financial crisis.
Unfortunately our population today is illiterate when it comes to the Constitution. As a result politicians can get away with whatever they want, which means we are getting exactly what we deserve for turning our backs on such a ground breaking document.
Unfortunately our population today is illiterate when it comes to the Constitution. As a result politicians can get away with whatever they want, which means we are getting exactly what we deserve for turning our backs on such a ground breaking document.
Mrs. Obama | 12:40 a.m. Oct. 16, 2008
Ron Paul can solve it!
Comments continue below
Bob G | 4:07 a.m. Oct. 16, 2008
So why doesn't the news report on alternative candidates running for
president? Neither Obama or McCain are leaders, they are puppet candidates
working for corporate cartels with serious self interests. We need a leader
willing to stand on his own that can and will make hard decisions that corporate
america may not like. Ron Paul has these merits and is a better choice for
president. All other candidates have been blacklisted and never get any mention
in the news. This is because corporations own the news media and control the
free press we are supposed to have and they control what we see and hear. This
is the time that investigative reporting should be at its peak and reporting the
truth, not hiding it. What government should be doing is regulating the
financial economy, not feeding it with more money to corrupt itself. Credit is
not tight, its doing what it should be doing, giving credit to only those that
can prove they can repay it. If companies fail because they can't borrow
money to meet its fixed overhead then its a bad business to lend to. They
can't meet their financial obligations by continously borrowing, its
incompetence.
worst financial crisis? | 4:34 a.m. Oct. 16, 2008
I respectively disagree.- This is not the worst financial crisis since the great
depression. I lived through the Jimmy Carter years. Interest rates were 20
percent, no one could buy a home or start a business.
He allowed the Oil producing mid east countries to embargo oil. Iran became our worst enemy. We had gas lines for cars miles long.
I had to serve 2 years in Vietnam under a Democrat president and a national draft, and 4 years held hostage under a Jimmy Carter Democrat presidency,
thinking like a child, I am afraid to get burned again. McCain remembers what Jimmy Carter did, Obama doesn't.
He allowed the Oil producing mid east countries to embargo oil. Iran became our worst enemy. We had gas lines for cars miles long.
I had to serve 2 years in Vietnam under a Democrat president and a national draft, and 4 years held hostage under a Jimmy Carter Democrat presidency,
thinking like a child, I am afraid to get burned again. McCain remembers what Jimmy Carter did, Obama doesn't.
Buckle Up! | 5:36 a.m. Oct. 16, 2008
I don't beleive that either candidate has the critical solutions that will
make a difference in turning our economy around. Neither of them has
demonstrated the courage to put forward, what really needs to be done - get the
government out of the "management" of our economy; eliminate the
Federal Reserve; tighten up the banking regulations (no more sub-prime loans);
and, establish laws forbidding the government from funding any further bailouts.
They are clearly an example of "taxation without representation", and
are unconstitutional - as is the Federal Reserve. The manipulation of the prime
lending rate and the printing of money without any backing, only drives up
inflation and devalues the dollar. WE MUST STOP THIS MADNESS!
rich man... | 6:11 a.m. Oct. 16, 2008
Rich man will help us get out... ok, so maybe not, but I like the idea of a
rich, divorced guy heading up our country and showing the world that his wife
can dress in a new dress everyday.
I know that the rich guy will help me out, the little guy. He worries about my world... well, maybe... and he has a temper too!!
rich man will help us get out....
who am I kidding???????????????
I know that the rich guy will help me out, the little guy. He worries about my world... well, maybe... and he has a temper too!!
rich man will help us get out....
who am I kidding???????????????
Need some honest reporting | 6:14 a.m. Oct. 16, 2008
This is not the "worst financial crisis since the Great Depression".
It is the worst crisis since the days of Jimmie Carter.
If Obama wants to cut taxes on people making less than $200K (as you claim), why did he vote to raise taxes on people making over $42K?
If Obama wants to cut taxes on people making less than $200K (as you claim), why did he vote to raise taxes on people making over $42K?
Remember "Mitt" | 8:00 a.m. Oct. 16, 2008
We did have a great man running for President, remember Mitt! However, we were
all concerned about his religious beliefs - that he just may bring God back into
the picture! Well, you sold Mitt down the river and now look who we have to
choose from, Dumb or Dumber.........
Hang on tight!!!!
Hang on tight!!!!
K | 8:03 a.m. Oct. 16, 2008
Rich man....
All the candidates are all rich.
It's not the worse financial crisis since the Great Depression.
All the candidates are all rich.
It's not the worse financial crisis since the Great Depression.
lost in DC | 8:20 a.m. Oct. 16, 2008
I agree with the comments about Carter - we're not nearly as bad off now as
we were then.
As to which one of the two debaters can fix the current problem, the simple answer is neither one can. McCain's not bright enough and BO's idealogy is all wrong.
As to which one of the two debaters can fix the current problem, the simple answer is neither one can. McCain's not bright enough and BO's idealogy is all wrong.
Jimmy "Stagflation" Carter | 8:22 a.m. Oct. 16, 2008
Does anyone here remember the "misery index"?
It was the sum of the interest rate and the inflation rate added together.
Under Jimmy Carter, it averaged around 20-25% throughout most of his presidency.
Today, it's about 7-8%.
"Worst financial crisis since the Great Depression"?
Not even close.
It was the sum of the interest rate and the inflation rate added together.
Under Jimmy Carter, it averaged around 20-25% throughout most of his presidency.
Today, it's about 7-8%.
"Worst financial crisis since the Great Depression"?
Not even close.
Underclass | 8:26 a.m. Oct. 16, 2008
"The only way (the government can) get money is through taxes"
Used to be. Then the Chinese started buying T-bills. Just one question: what will be the value of those bills held by them in, say, a year? The American dream in the 21st century was not based on thrift and hard work - it was easy credit to buy stuff produced by the Chinese. Private consumption has been huge relative to any other economies, and rising housing prices fueled that consumption. Home equity line of credit, anyone?
Unfortunately someone is going to have to make uncomfortable decisions.
Used to be. Then the Chinese started buying T-bills. Just one question: what will be the value of those bills held by them in, say, a year? The American dream in the 21st century was not based on thrift and hard work - it was easy credit to buy stuff produced by the Chinese. Private consumption has been huge relative to any other economies, and rising housing prices fueled that consumption. Home equity line of credit, anyone?
Unfortunately someone is going to have to make uncomfortable decisions.
Nan B. W. | 8:41 a.m. Oct. 16, 2008
I'm with those who believe the U.S. Constitution is the answer, and Ron
Paul comes closest to understanding it. However, we have become a society of
such greedy demanding citizens that turning to the consitution would be a big
shock to our instant gratification attitudes.
Anonymous | 8:41 a.m. Oct. 16, 2008
Neither candidate is an economist. The philosophy and skill of their advisers
will be the difference, and an unbiased comparison of the people advising the
candidates reveals a stark contrast. McCain has advisers with a history of
arguing for the deregulation that has hurt wall street. Obama has some of the
best economists in the world advising him. I trust Larry Summers, Robert Rubin,
& Paul Volker. I don't trust Phil Gramm or Kevin Hassett (he wrote a
book claiming the DOW would get to 36,000).
Mitt should have been it!! | 8:48 a.m. Oct. 16, 2008
I think it should become very clear to every thinking member of the Republican
Party that they really missed the boat when they did not nominate as their
candidate for president the one person clearly most qualified to handle the
financial crisis that lies before us...Mitt Romney.
The only one... | 8:54 a.m. Oct. 16, 2008
who can solve the financial crisis is you. Get out of debt, stop overspending,
shred your credit cards, stay within your income, and don't believe that
any politician can be your financial savior. Global warming could be solved if
all the politicians would keep their mouths shut and do a real honest days work.
Hey Rich Man | 9:13 a.m. Oct. 16, 2008
Obama has more money than McCain.
He and his wife (the one who is ashamed of America) have made their money as lawyers - suing others and taking their money.
He and his wife (the one who is ashamed of America) have made their money as lawyers - suing others and taking their money.
I have to laugh | 9:20 a.m. Oct. 16, 2008
at all of the liberals whining about CEO pay. The CEO at my company is always
the first one in the door at the office and the last to leave. He works hard
trying to give our employees (many of whom are thieving, lazy, "give the
least possible effort" types) the best he can.
Meanwhile, I NEVER hear the liberals complain about how much Hollywood and music celebrities make! These are folks with average or below average intellect and education who put in a few days a year and reap millions. Then they go around telling us how we ought to be more generous.
Lindsay Lohan (never made a movie with seeing)
Lil Bow Wow (huh? He's worth $50 million plus? For what?)
Alec Baldwin (promised to leave the US if Bush won - he's still here)
Oprah Winfrey (overpaid blow hard)
Dr. Phil (ditto)
Jay-Z (worth $500 million+! Why???)
Leo DiCaprio (gets $20 million a film - why?)
George Clooney (liberal loudmouth - paid millions)
Miley Cyrus (made $20 mil last year)
Before you complain about well-educated, 100-hour per week risk-takers making money, think about these and the hundreds of others who do nothing for society!
Meanwhile, I NEVER hear the liberals complain about how much Hollywood and music celebrities make! These are folks with average or below average intellect and education who put in a few days a year and reap millions. Then they go around telling us how we ought to be more generous.
Lindsay Lohan (never made a movie with seeing)
Lil Bow Wow (huh? He's worth $50 million plus? For what?)
Alec Baldwin (promised to leave the US if Bush won - he's still here)
Oprah Winfrey (overpaid blow hard)
Dr. Phil (ditto)
Jay-Z (worth $500 million+! Why???)
Leo DiCaprio (gets $20 million a film - why?)
George Clooney (liberal loudmouth - paid millions)
Miley Cyrus (made $20 mil last year)
Before you complain about well-educated, 100-hour per week risk-takers making money, think about these and the hundreds of others who do nothing for society!
Mitt? | 9:22 a.m. Oct. 16, 2008
Are you kidding. Mitt's only talents are blind ambition, morph-ability and
salesmanship - particularly when it comes to selling himself. Please, give it
up.
Either of the candidates and their respective economist cadres are more qualified than Mitt. Personally I'll ride with Warren Buffet and his endorsement of Obama.
Either of the candidates and their respective economist cadres are more qualified than Mitt. Personally I'll ride with Warren Buffet and his endorsement of Obama.
Reality | 9:32 a.m. Oct. 16, 2008
I have seen enough. We all know what a temper McCain has and how mean he can be,
but have any of you noticed that almost always when he is speaking at
rally's just to his right and behind him is a statue like mean, narrowed
eyed, never smiling woman by the name of Cindy McCain? Go to the other side of
this spectrum and you get a smiling, appreciative, lady that has been
interviewed several times by the national media and conducted her own
rally's, unlike the Cindy lady. No comparison with these two either, just
like their husbands. Now just who do you voters want representing you at our
national, and world affairs. It's really a no brainer.
Huh? | 9:49 a.m. Oct. 16, 2008
Warren Buffet has cheated more people out of more money than all the
"corrupt" CEO's combined!
Re: Reality | 9:57 a.m. Oct. 16, 2008
It is a no-brainer. Wide-eyed and smiling won't solve the nation's
problem. It's just an illusion to get you to vote for them. McCain comes
across as what you'll get if elected, tough and determined, not fluffy and
fake. Now, who would you rather have representing you at our national and world
affairs? Duh.
The Rock | 9:58 a.m. Oct. 16, 2008
This is the worst financial crisis since Jimmy Carter when we had double digit
inflation, unemployment and interest rates.
The prime rate hit 21% under Carter.
Oil prices were killing our economy.
Obama would raise taxes almost to where Jimmy Carter had them. Obama will not drill or build new refinery capacity.
Obama's financial policies are almost identical to Carters.
Welcome Obama, good bye prosperity and opportunity.
The prime rate hit 21% under Carter.
Oil prices were killing our economy.
Obama would raise taxes almost to where Jimmy Carter had them. Obama will not drill or build new refinery capacity.
Obama's financial policies are almost identical to Carters.
Welcome Obama, good bye prosperity and opportunity.
former dem | 10:28 a.m. Oct. 16, 2008
Obama's plan sounds great. Take those people who are successful and make a
lot of money and take their money. Then give it to people who don't have
as much. Wait a minute... That sounds like socialism. Maybe I should quit my
job and let Obama and the government take care of me.
Shaun Hansen | 10:48 a.m. Oct. 16, 2008
Pretty sad day when we have to turn to one of these two goofs to solve our
problems. I can think of hundreds of people I'd rather see as
President.
I am not voting this year for the first time in my life. I am so disappointed with the American peoples' "best judgment" in selecting these two men.
Sorry day for America. Sorry day for future generations.
I am not voting this year for the first time in my life. I am so disappointed with the American peoples' "best judgment" in selecting these two men.
Sorry day for America. Sorry day for future generations.
Anonymous | 10:48 a.m. Oct. 16, 2008
>>
Hey Rich Man | 9:13 a.m. Oct. 16, 2008
Obama has more money than McCain.
He and his wife (the one who is ashamed of America) have made their money as lawyers - suing others and taking their money.
>>
Huh? The McCains are worth hundreds of millions of dollars.
And Obama and his wife aren't even trial lawyers.
Where do you get your talking points from, the back of cereal boxes? Falsehoods like that shouldn't even be repeated.
Hey Rich Man | 9:13 a.m. Oct. 16, 2008
Obama has more money than McCain.
He and his wife (the one who is ashamed of America) have made their money as lawyers - suing others and taking their money.
>>
Huh? The McCains are worth hundreds of millions of dollars.
And Obama and his wife aren't even trial lawyers.
Where do you get your talking points from, the back of cereal boxes? Falsehoods like that shouldn't even be repeated.
Voter | 11:03 a.m. Oct. 16, 2008
I wish we could start over and select 2 new candidates. But, since we
can't we need to select the one who is the least worst.
re: Anon 10:48 am | 11:34 a.m. Oct. 16, 2008
You need to get YOUR facts straight. McCain's wife is rich, he is not.
Obama is far richer.
I also didn't say they are trial lawyers, but all lawyers make their money off of others, rather than actually produce anything. That was my point.
I also didn't say they are trial lawyers, but all lawyers make their money off of others, rather than actually produce anything. That was my point.
Help me decide. | 11:53 a.m. Oct. 16, 2008
The choice of president in this election is probably the most important one in
decades. That's why I'm putting my trust in Madonna.
The Economist | 11:55 a.m. Oct. 16, 2008
The US Treasury and the Federal Reserve will solve the financial crisis and the
subsequent recession (in which we are currently and for the next 18 months). It
does not matter who is president.
Thirty years of bad public policy with respect to housing got us into this mess. Treasury and the Fed will fix it. Hopefully all of us will learn from the mistakes.
Thirty years of bad public policy with respect to housing got us into this mess. Treasury and the Fed will fix it. Hopefully all of us will learn from the mistakes.
What Utah Thinks? | 12:02 p.m. Oct. 16, 2008
Has no bearing on nothing
Obama will win
He is our player
Not the Republicans
Obama will win
He is our player
Not the Republicans
Cut taxes | 12:05 p.m. Oct. 16, 2008
Cut ALL taxes across the board and watch the economy roar!
It works everytime it's tried.
All you need to do is.... | 12:06 p.m. Oct. 16, 2008
Cut taxes across the board and watch the economy roar.
It works everytime it's tried.
Here's what you do | 12:12 p.m. Oct. 16, 2008
Cut taxes across the board and watch the economy roar.
Work everytime it's tried.
Thinkin' Man | 12:21 p.m. Oct. 16, 2008
My vote on this one is "neither."
People bought houses they could not afford. Lenders and those pressuring them lent money based on fantasy. Banks and insurance companies treated paper like it had actual value. Now government is spending money it does not have. These are the lessons that neither candidate is addressing.
People bought houses they could not afford. Lenders and those pressuring them lent money based on fantasy. Banks and insurance companies treated paper like it had actual value. Now government is spending money it does not have. These are the lessons that neither candidate is addressing.
Anonymous | 12:31 p.m. Oct. 16, 2008
You lose again: The Obamas have made their money - the two years they made more
than Barack's Senator salary - on his books, that was in 2003 (I think) and
in 2007 where he made $2MM and $4MM respectively.
McCain files jointly with his wife; ergo, it's not his "wife's" money, at least not he portion they file jointly on.
If you are seriously arguing that john McCain is not filthy rich, you are not just wrong, but in deluded.
Find me even a talking conservative head who agrees with you and then I won't think you're crazy.
McCain files jointly with his wife; ergo, it's not his "wife's" money, at least not he portion they file jointly on.
If you are seriously arguing that john McCain is not filthy rich, you are not just wrong, but in deluded.
Find me even a talking conservative head who agrees with you and then I won't think you're crazy.
Anonymous | 12:40 p.m. Oct. 16, 2008
Some of us read. Carters economy started during Nixon. Why did Ford lose?
Ford's answer to inflation was WIN (Whip inflation Now) buttons. Inflation
and high interest rates were climbing during Fords administration.
There are other choices! | 12:48 p.m. Oct. 16, 2008
What is it with you people? You act as if the republican and democratic parties
are the only ones that exist; leaving you to vote for whatever either party
throws at you. Become an independent! Cast a vote that makes sense! And
don't give me that bunk that you're throwing your vote away. Until we
have a viable and strong third party, we'll always be left with choices
like we have today. Two losers! I'm registered with the American
Constitution party. The candidates in this party align themselves with the
Constitution and the Bill of Rights, and hold to the same values as we LDS do
(or at least should anyway). If I didn't have them as a choice, I
wouadldn't even show up to vote. I won't support any longer, the evil
people that are forced upon us! For once people - make a wise choice. Forget
your loyalty to the party you've supported all your life - they've
both "changed" for the worst and don't deserve our support any
longer.
Where is integrity | 1:05 p.m. Oct. 16, 2008
Folks--Ron Paul isn't running!! If you've read the news, he has
pulled out of the race and has endorsed a man named "Chuck Baldwin".
He has interesting possibilities as does Alan Keyes who wants to be a write-in.
As long as we're writing in, does someone have a really good suggestion.
Obama has too many ties to Fanny May and Freddie Mac. He is unscrupulous as well is McCain. Who would vote for a man who do to his former wife what McCain did? As G. B. Hinckley once said at BYU, as a general principle, he'd not choose to vote for a person who could not keep his covenants to the spouse whom he knew; Hinckley went on to say, "what makes us think the candidate would keep his oath of office to us whom he does not know. "
Integrity is the bottom line, and I'm just not seeing it.
Obama has too many ties to Fanny May and Freddie Mac. He is unscrupulous as well is McCain. Who would vote for a man who do to his former wife what McCain did? As G. B. Hinckley once said at BYU, as a general principle, he'd not choose to vote for a person who could not keep his covenants to the spouse whom he knew; Hinckley went on to say, "what makes us think the candidate would keep his oath of office to us whom he does not know. "
Integrity is the bottom line, and I'm just not seeing it.
Lane Meyer | 1:37 p.m. Oct. 16, 2008
If you feel like you don't have a choice and so you have to vote for the
lesser of two evils then you need to open your eyes.
Fact: there are 6 presidential candidates on enough ballots who could collect enough electoral votes to WIN! Get it???
Even with this country being sold down the drain further and further we still have choices! Stand up with your fellow citizens and let's heave this great burden off our backs. You can make proactive choices. Just start.
Fact: there are 6 presidential candidates on enough ballots who could collect enough electoral votes to WIN! Get it???
Even with this country being sold down the drain further and further we still have choices! Stand up with your fellow citizens and let's heave this great burden off our backs. You can make proactive choices. Just start.
Chuckles55 | 1:55 p.m. Oct. 16, 2008
As I watched the debate last night, McCain came off just like Dole did when he
was the aging hero propped up by the Republicans. Once again, the Republicans
made a horrible choice. The Democratics selected a young, intelligent and
articulate man who at indicates that he will put people in his cabinet who are
intelligent and know what they are doing. He already demonstrated his ability
to make wise choices by choosing Joe Biden as his running mate, the man who
should probably be sitting where Obama is now.
Morgan | 1:55 p.m. Oct. 16, 2008
All you need to do is... said, "Cut taxes across the board and watch the
economy roar. It works everytime it's tried."
Why isn't it working now? President Bush cut taxes and we seem to be having a problem. Please explain for those of us that don't seem to understand.
Why isn't it working now? President Bush cut taxes and we seem to be having a problem. Please explain for those of us that don't seem to understand.
REAL interest rates | 2:02 p.m. Oct. 16, 2008
Folks, if you're letting the mainstream media brainwash you into believing
that inflation is only 4-6%, you're not going to live very comfortably in
retirement.
Real inflation right now is conservatively 15%. That means with ridiculously low interest rates, we have actual real NEGATIVE savings rates.
That means that you will not have any of your retirement money for retirement. Don't get sick because you can't quit working, Mr. Working Class America.
Real inflation right now is conservatively 15%. That means with ridiculously low interest rates, we have actual real NEGATIVE savings rates.
That means that you will not have any of your retirement money for retirement. Don't get sick because you can't quit working, Mr. Working Class America.
not all about the president... | 2:17 p.m. Oct. 16, 2008
If Obama wins this thing then you have the "gang of three" (Reed,
Palosi, Obama) running the show and that is a very very very worrisome situation
for America. Unbridled spending, high taxes, and ear marks everywhere for
special interests. I don't see a solution for recovery in that formula.
Hope I am wrong!
To Morgan | 2:35 p.m. Oct. 16, 2008
Because your democratic congress can't stop spending.
To Spot the President | 2:39 p.m. Oct. 16, 2008
What exactly have you had enough of?
I hear that all the time.
What do you think the radical, Obama, will get you?
I hear that all the time.
What do you think the radical, Obama, will get you?
IAM | 2:45 p.m. Oct. 16, 2008
Its a sad day when Obama and McCain are the only two candidates to choose from.
They were in a tie for last place until McCain chose Palin for a VP. Now its not
even a contest. I think we all need to look at a third party candidate or a
write in. I'm open for suggestions.
@what utah thinks 12:02 | 3:49 p.m. Oct. 16, 2008
You are absolutly right!! Obama is a PLAYER!! He has played you and millions of
other sheeple.
Before long he will play us all!!!
Before long he will play us all!!!
witch one will | 3:56 p.m. Oct. 16, 2008
solve our financial crisis? (sorry its halloween)
I think we should put the one in there that helped, with his friends-Barney Frank and the rest...to get us into this mess, through PC fairness campaigns such as what Obama is touting at the moment IE.......(Spread the wealth).
I'm voting for Robin Hood.
I think we should put the one in there that helped, with his friends-Barney Frank and the rest...to get us into this mess, through PC fairness campaigns such as what Obama is touting at the moment IE.......(Spread the wealth).
I'm voting for Robin Hood.
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David Gravelle, left, and Kirk Gearhart watch the third and final presidential debate in Salt Lake City Wednesday.
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I for one have had enough.