Obama Balks At Bipartisan Commission On The Credit-sector Meltdown Even Though He Was For It 5 Months Ago
By: Pam On: Sep/18/08 - 4 Comments
Sen. Obama Flip Flops on Commissions
From Ed:
Obama, though, has a track record of a knee-jerk call to form them. As Fox points out and as Francis Beckwith documents, Obama has called for exactly the same kind of panels for:
- Social Security (November 2007)
- Torture (September 2007)
- War crimes (August 2008)
- Wall Street (April 2008)
So let’s get this straight. Obama called for a bipartisan commission on Wall Street oversight five months ago. John McCain now agrees with that suggestion. After McCain agrees, Obama says it’s nothing more than a political dodge? That’s far worse than John Kerry’s famous flip-flop on the $87 billion in war funding in 2004; it’s an admission that Obama was never serious in the first place.
September 18, 2008 - 09:52 AM on September 18th, 2008
you know what i think? i think senator obama is just trying to get senator mccain to react to pump out SPECIFIC solutions which HE CAN COPY FROM… sad to say, the obama campaign think-tank is running out of “specific” solutions and have resorted to “copying” from the enemy… i guess they’re too confident that they will win the elections…
and there’s nothing wrong with commissions, by the way… commissions are there to study the problem and submit recommendations to the president. does barack obama think that he can work out a solution on his own without a commission, be it formal or informal as in the case of his advisers? goodness, i know barack to be a charismatic person but i hope he’s not that conceited…
just me thinking aloud…
September 18, 2008 - 03:06 PM on September 18th, 2008
Sorry, Obama did not flip-flop about this issue.
Here is the speech in question:
http://www.nytimes.com/2008/03/27/us/politics/27text-obama.html?pagewanted=print
Obama says: “Too often we deal with threats to the financial system that weren’t anticipated by regulators. That’s why we should create a financial market oversight commission, which would meet regularly and provide advice to the president, Congress and regulators on the state of our financial markets and the risks that face them. These experts’ views could help anticipate risks before they erupt into a crisis.”
So clearly Obama is referring to an ongoing oversight commission to predict new problems before they arise. McCain is suggesting a one-time commission to look back and see what went wrong. Obama is entirely consistent in supporting one while opposing the other.
September 18, 2008 - 03:54 PM on September 18th, 2008
TG Chicago- Maybe you should learn to read:
“Obama called for a bipartisan commission on Wall Street oversight five months ago. John McCain now agrees with that suggestion. After McCain agrees, Obama says it’s nothing more than a political dodge”
Obama is unfit to command, has his hands all over this financial mess, and October should be fun when all the ads come out with the facts!!
September 18, 2008 - 03:57 PM on September 18th, 2008
nikko mahor-
You might be right. Reid said they didn’t know what to do about it!