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Gramm stirred up controversy when he called the nation's economic malaise a "mental recession," then added, "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."
"I'm not going to retract any of it. Every word I said was true," Gramm said.
But in an initial statement published by Politico and then, seemingly, removed from its site, a McCain campaign aide actually stood by Gramm's remarks, saying the interview as a whole was merely meant as a preview of the Senator's economic agenda.
"Mr. Gramm was simply saying that we are laying out the economic plan this week," the piece quoted a "McCain official" as saying.
Only after the fallout from Gramm's statement did the McCain campaign fully backtrack.
"Phil Gramm's comments are not representative of John McCain's views," read a campaign statement. "
The two statements - the first one issued to Politico and the one offered to the press list this morning - are diametrically different. And they seem to reflect recognition, by the McCain camp, that Gramm's remark on the economy is simply un-spinnable.
"Today, one of [McCain's] top economic advisors, former Sen. Phil Gramm, said that we're merely in a 'mental recession,'" Obama told a crowd of about 2,800 today at a town hall meeting in Fairfax, Va.
"He didn't say this but I guess what he meant was that it's a figment of your imagination, these high gas prices. Sen. Gramm then deemed the United States, and I quote, 'a nation of whiners.' Ho! A nation of whiners. This comes after Sen. McCain recently admitted that his energy proposals for the gas tax holiday and the drilling will have mainly, quote, 'psychological benefits,'" Obama said.
"I want all of you to know that America already has one Dr. Phil. We don't need another one when it comes to the economy," he said. "We need somebody to actually solve the economy. It's not just a figment of your imagination, it's not all in your head."
Originally posted by KrazyJethro
God forbid people even read a book, let alone one of substance.
Originally posted by Andrew E. Wiggin
One of substance, i would assume you mean something that one coudl learn something, possibly non-fiction?
Regardless, would you say that "internet detectives" do not benefit from the same thing that "book worms" do?
Regarding the brain stimulation of "reading books"
Originally posted by mopusvindictus
we do whine alot, it's not like a little extra hard work and some serious consideration wouldn't get us through all of this
Who's to blame for the biggest financial catastrophe of our time? There are plenty of culprits, but one candidate for lead perp is former Sen. Phil Gramm. Eight years ago, as part of a decades-long anti-regulatory crusade, Gramm pulled a sly legislative maneuver that greased the way to the multibillion-dollar subprime meltdown. Yet has Gramm been banished from the corridors of power? Reviled as the villain who bankrupted Middle America? Hardly. Now a well-paid executive at a Swiss bank, Gramm cochairs Sen. John McCain's presidential campaign and advises the Republican candidate on economic matters. He's been mentioned as a possible Treasury secretary should McCain win. That's right: A guy who helped screw up the global financial system could end up in charge of US economic policy. Talk about a market failure.
Gramm's record as a reckless deregulator has not affected his rating as a Republican economic expert. Sen. John McCain has relied on him for policy advice, especially, according to the campaign, on housing matters. The two have been buddies ever since they served together in the House in the 1980s; in 1996, McCain chaired Gramm's flop of a presidential campaign. (Gramm spent $21 million and earned only 10 delegates during the gop primaries.) In 2005, McCain told a Wall Street Journal columnist that Gramm was his economic guru. Two years later, Gramm wrote a piece for the Journal extolling McCain as a modern-day Abraham Lincoln, and he's hailed McCain's love of tax cuts and free trade. Media accounts have identified Gramm as a contender for the top slot at the Treasury Department if McCain reaches the White House. "If McCain gets in," frets Lynn Turner, a former chief sec accountant, "we'll have more of the same deregulatory mess. I like John McCain, but given what I know about Phil Gramm, I wouldn't vote for McCain."
After exiting the presidential race, Gramm defeated school teacher Victor Morales of Dallas in November 1996 to win his third and final term in the Senate. Morales ran a low-budget campaign in an effort to make contact with the Democratic grass roots. Gramm was one of five co-sponsors of the Commodity Futures Modernization Act of 2000, which critics blame for permitting the Enron scandal to occur. At the time, Gramm's wife was on Enron's board of directors. Gramm left his Senate seat a few weeks before the expiration of his term in December 2002 so that his successor, fellow Republican John Cornyn, could gain seniority over other newly-elected senators.
Originally posted by quaple_pouge
all the people that have been caught up in the sub prime mortgage fiasco....they knew they could not afford a house for the amount of money they were borrowing, but they did it anyway. .
Originally posted by Andrew E. Wiggin
what are they whining about?
The problems the Bush administration has left us with
Originally posted by Tricky63
Typical GOP thinking.No matter how bad things are you have no right to complain.People are hurting jobs are closing gas prices are out of control,and this clown calls those who have worked hard pay taxes (his salary included) whiners.Typical.