Jack Cafferty Speaks His Mind
CNN's Jack Cafferty cracks me up. Here is his take on Sarah Palin and boy does he tell it like it is. He first plays a clip from Palin's interview with Katie Couric and he's just incredulous afterward, even telling Wolf Blitzer to stop making excuses for this pathetic excuse of a vice presidential candidate. Even during the clip you can see how disgusted Couric seems to be having to listen to Palin's blather.
Posts
4 comments:
priceless.
Man, I like that dude. When Obama wins in November, can Jack be the next Secretary of State??!!
I am no Palin apologist and she is not fit to be president. But the examples she gave to Katie Couric's question did contain the reasons why the bailout makes sense for all taxpayers not just the big banks. She didn't link the two correctly, but the fact is that it is the turmoil in the credit markets that the bailout is intended to address. The lack of confidence in banks who have all of the toxic mortgages on their books means other banks don't want to lend to each other. That means that credit to lend large and small businesses for capital improvements and expansion dries up and that means they are not hiring and that means that little guys are not being hired, unable to afford their mortgages, not consuming etc. So Palin was right, it is all tied together. What she should have said is "Katie, the bailout will in fact help ordinary Americans who are struggling here is why: the lack of confidence that banks and investors have in each other is causing such havoc that cleaning up the bad mortgages has to be addressed. Once those bad toxic loans are off the books of these banks, that should unfreeze the vast amounts of capital that exists that banks can lend to each other, lend to other companies, small business owners who need to meet payroll, farmers who need to buy seed etc. Credit is the lifeblood of our economy and the billions are not just going to bail out the banks who got themselves into this trouble, but ultimately the bailout helps regular people. Don't you get that Katie? It's basic economics.
Ok I guess I am fit to be VP. Sarah is not, but again, she did have the points in her remarks, she just didn't know how to put them together coherently. I think McCafferty was a little harsh.
Nestor
Hi! I like your blog. I see you are talking about Magic Jack. Magic Jack specializes in development, design, manufacturing and distribution of special patented Magic Jack devices that allow its owners to make free calls. However, judging from the amount of the complaints you find on this great site www.pissedconsumer.com it is obvious that the calls are not that free and the services are not that perfect.
Post a Comment