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So Does A Financial Meltdown Help Us or Hurt Us?

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jzodda Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:10 PM
Original message
So Does A Financial Meltdown Help Us or Hurt Us?
Even though I hate the idea of more bad news for us, I have to wonder who does this help more? Obama or McCain?

A 500 point Stock market drop and doom and gloom all over the airwaves, even at Fox Noise. I sense a chance here, a moment where Obama can seize the day and take charge here with a plan to fix things that ordinary people will understand. The question is will they hit hard on this? And will the media listen? Or will they keep talking about Palin and SNL skits?
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:11 PM
Response to Original message
1. It hurts everybody.
I think that people will recognize that the only way they'll get any change is to put new people in.
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samuraiguppy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:12 PM
Response to Original message
2. honestly I could see
it going either way...depends on how it is played.
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chelsea0011 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:13 PM
Response to Original message
3. McCain still supports the Bush plan to privatize SS and invest in the stock market.
If I were Obama, I would club him over the head with this idea.
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Curtland1015 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:13 PM
Response to Original message
4. Politically, it always helps the challenging party.
I'd hate to be crass enough to say the poor economy is a "good" thing. But it does help our party politically.

Of course this time, McCain is pretending he's not a Republican...
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jzodda Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:15 PM
Response to Reply #4
6. Yep so part of the question becomes how stupid is the average voter?
n/t
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jazzjunkysue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:41 PM
Response to Reply #4
15. Yep. Throw out the ones responsible for this mess. And all the other messes.
I think it's a slap in the face to people who think Palin's cute and oh so xtian.

The economy's tanking and people are pissed. How can they blame Obama for the current woes? They can't.

And in the mind of the average voter, who can seldom rise to a level of debate above paper or plastic, it must be a vote against the GOP. I know my dad is doing just that and he really is a bigot against blacks. But he votes his wallet and he no longer trusts his own party.

He feels his party sold him out (yup, he's right) and he wants to punish them.

But it's also Iraq and global warming and the sagging dollar and unemployment. Something's got to be done.
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Loge23 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:14 PM
Response to Original message
5. Traditionally, it's fallen upon the incumbents
But now, it's hard to say.
Clearly, Obama has the most sensible plan but the reich doesn't read anyway.
Add in the racist factor and we get a tie in the polls with the economy in the worst condition since the depression - and a war without an end. Go figure.
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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:15 PM
Response to Original message
7. If Obama sits back, I guarantee you...
McCain will run an ad blaming it on Obama. And make no mistake, that will work with low information voters.
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FogerRox Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:16 PM
Response to Original message
8. This is 1932.
In 1930 Dems made significant advance in Congress, very similar to 2006. 1932 saw vetoe proff majorities on both houses, plus FDR.

Families have been hurting for 3-4 yrs, by 1932 families had been hurting for 3 yrs, after the crash of '29.
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:16 PM
Response to Original message
9. Brought to you complements of the current administration and the GOP
we had a surplus under Clinton. This meltdown is the GOPs to own!
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Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:16 PM
Response to Original message
10. The meltdown is happening. Better now than after the election.
Better under Bush's watch than under Obama's watch. If they could have postponed it until after the election they could have blamed Obama for it.
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casus belli Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:17 PM
Response to Original message
11. Let's be clear, a Financial Meltdown helps no one...
but we need to aggressively put in front of the American people how we got to this point, and how utterly ridiculous that the same agents who made it possible now propose that they can change it. But as citizens, and progressives, there should be no joy in this. People are seriously hurting and it's more important than ever that we focus on bringing real change about so we can begin to help those who have been shut out and ignored by the GOP for the last 8 years.
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secondwind Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:18 PM
Response to Original message
12. from what I have heard this afternoon, it helps both camps.
Obama is (rightly) blaming the McCain camp for their policies, and McCain camp is saying that they will not let this happen again.

"Is she walking in a way that others will follow?" (a Born-Again Christian woman who is a Republican living in Alaska, voting for Obama)
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RichGirl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:18 PM
Response to Original message
13. Tweety is talking about the economy...
...with Chuck Shumer...apparently they couldn't get anyone from the right to talk up their side!
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Median Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 04:18 PM
Response to Original message
14. You Assume This Election Is About The Issues.
When you are a Republican, reality does not matter.
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