Phil Gramm

Gramm calls slowdown 'mental'
By MIKE ALLEN | 7/10/08 12:39 PM EST Updated: 7/10/08 12:39 PM EST

Former Sen. Phil Gramm, a top economic adviser to presumptive GOP nominee John McCain, referred to the economic slowdown as "a mental recession" and called the United States “a nation of whiners.”

The comments, in an interview with The Washington Times, could hurt the campaign’s efforts to convince working-class Americans that McCain feels their pain.

Democrats immediately condemned the remarks as “callous” and quickly began working to gain widespread attention to them.

Obama campaign spokesman Bill Burton shot back "[T]he American people know that our economic problems aren’t just in their heads. They don’t need psychological relief — they need real relief — and that’s what Barack Obama will provide as president."

The Democratic National Committee issued a statement titled: “Out of Touch Much, Phil.”

A McCain official said: “Phil Gramm’s comments are not representative of John McCain’s views. John McCain travels the country every day talking to Americans who are hurting, feeling pain at the pump and worrying about how they’ll pay their mortgage. That’s why he has a realistic plan to deliver immediate relief at the gas pump, grow our economy and put Americans back to work.”

The Times said Gramm said he expects a McCain administration would inherit an economy “weighed down above all by the conviction of many Americans that economic conditions are the worst in two or three decades and that America is in decline.”

The Times quoted him as saying: “You've heard of mental depression; this is a mental recession. … We have sort of become a nation of whiners. …

“You just hear this constant whining, complaining about a loss of competitiveness, America in decline. … We've never been more dominant; we've never had more natural advantages than we have today.”

Karen Finney, the Democratic National Committee’s communications director, said: “What John McCain, George Bush, Phil Gramm just don't understand is that the American people aren't whining about the state of the economy, they are suffering under the weight of it — the weight of eight years of Bush-enomics that John McCain and Phil Gramm have vowed to continue.

“How dare john McCain and his advisers so callously dismiss the challenges the American people face? No wonder voters feel john McCain is out of touch. He and his campaign don't even understand the everyday issues Americans are dealing with.”

http://www.politico.com/news/stories/0708/11658.html

 

Is Gramm also "Hedgefundtrader2" at ET?

 

I was going to say the same thing..

Phil Gramm and his fat ass wife, former head of CFTC, and Enron board member, and sponsor and enabler of the Swap Loophole, should be waterboarded...

 

Well he's right, eh?

 

Excellent Commentary
.....................................................

First off the shenanigans that Graham has been directly involved in regarding Enron, and the purposeful energy trading deregulation that is highly responsible for the biggest transfer of wealth away from US citizens to both its friends and terrorists oil producing states which will be more than 10 trillion dollars over the next 10 years......states should criminally qualify Gramm, and make McBush very suspect as well.....

Furthermore, McBush cannot regulate spending in his own household.....he has a wife who at times spends over $500,000 a month on her American Express card....and a kid that spends as much as $50,000 a month on an American Express card.....

And the bottom line is McBush is not for real....in that the money that is not given to him by his wife....the US taxpayers give him....

Now ....I do not know about you.....but this guy does not seem like the type of individual that the US needs.....particularly now...


This is just another Bushy Frat Boy Trust Account Boy....and you already know what has happened in the last 8 years with the utter nonsense of Bush/Cheney....

Man, the US can no longer afford this crap....much less developing countries....This is beyond idiocy.....It is sheer stupidity....that is unless you like the US progress over the last 8 years....

So now people must realize that the election method is a joke....because at the end of the day.....the US is just trying to pass through a revolving door.....The type of elections that are held today only occur in order to make the sheeple feel like they are in a democracy.....An election in the US is nothing but a couple of people with advertising budgets.....

http://www.politico.com/news/stories/0708/11477.html

 

No..he's an elitist prick...
The American people are being anally raped...
One thing the American people ARE is just plain apathetic..
if they had any nerve, they would have overthrown this lame group of elected officials a long time ago..

 

What American people are you talking about? What's their beef?

 

Americans who are saving
Americans who are on fixed incomes
Anyone who buys food or energy
Anyone who holds dollars
Anyone who uses the Public School system..
How about the hundreds of thousands of soldiers fighting to protect our Middle East oil via the mercantilistic notions of an elite few?
How about the Loss of habeas corpus, warrantless wiretaps...
civil liberties stripped..?
How about executive branch failing to uphold the Constitution..?

It's endless..

 

Obama is going to fix everything because he's for change. And he will bring us all together because he represents a new breed of politics.

I am a tiny bit confused how raising taxes on the people who create jobs, punishing the companies who produce oil and gas and creating giant new federal spending programs will help all these problems, but I'm sure Obama has an answer. After all, he's multicultural.

 

Neither Bomama nor McInsane can do fuck all..
They both represent the same party: The elitists..

The American people have done it again - selecting 2 completely and utterly useless fools to control the presidency..

I'm writing in Ron Paul...