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US NEWS & World Report...Needs Action!

USNEWS & World Report
McCain, Paul, and the ˜Plunge Protection Team - Capital Commerce (usnews.com)
"I'm very well versed in economics" is how John McCain responded to a Tim Russert question at last night's GOP presidential debate that referred to a past, possibly self-deprecating statement McCain made about his lack of economic expertise. Yet McCain really seemed to have no clue what Ron Paul was talking about when Paul asked him a question about the President's Working Group on Financial Markets—the so-called Plunge Protection Team—consisting of the Treasury secretary, the Fed chairman, and government regulators—that meets at a principals level during times of financial crisis. Some have conspiratorially speculated that the team has nudged Wall Street banks to buy shares to prop up the U.S. stock market. Here is the exchange:..............

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http://www.usnews.com/blogs/capital-commerce/2008/1/25/mccai...



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What a great moment in the

What a great moment in the debate. Here is one of the supposedly leading GOP primary vote-getters, who has been endorsed by the New York Times, being exposed as completely clueless regarding the US and world economies. I was glad to see that somebody in the MSM not only recognized what happened but was actually able to get it out. I'm heartened.

Comment I left (but isn't showing up for some reason)

I loved that question.

McCain got an instant "deer in headlights" look on his face. He had no idea what Dr. Paul was talking about. Either that, or he had a mini stroke right there on stage. Possibly both?

Mitt Romney and Ron Paul are the only two candidates that have a shred of knowledge on the economy, and Ron Paul is the only one of those two that has any expertise on a world economy.

Plus one of the possible Ron Paul running mates is esteemed economist Walter E. Williams from GMU. http://www.gmu.edu/departments/economics/wew/

There are many issues that are coming into play in this election, but the single most important is the economy.

good stuff

liked it, good one to send to peeps. be sure to leave the author a comment

Comments don't work!

No wonder there are no comments. My lengthy and brilliant message was flushed down the digital toi-toi

A nice article to spread

A nice article to spread around.

edit

lots of bother for this man to get no comments!

figured....

some dedicated bloggers here who might answer the man there.

Awsome

great find

Mathew 5:9 Blessed are the peacemakers: for they shall be called the children of God.

Just goes to show you

Ron Paul is a very intelligent man! He knew he only had one small shot to make an impact knowing very well that this was too big of a question to be ignored by any money/financial published interests.