Thursday, October 2, 2008

The Official VP Debate Live Blog Thread!

This is it, ladies and gentlemen....meet back here in a little less than half an hour. Let's get ready to RUMBLE!!!!!!

201 comments:

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The Conservative Wahoo said...

CW's up; watching on Fox (natch)

The Conservative Wahoo said...

Go Cuda!

Anonymous said...

Shoot-there's Gwen Ifill-I was hoping she'd have a last minute change of heart and Laura Ingraham would be there instead.

The Conservative Wahoo said...

She's BIASED!!!!I can see it in her eyes... :)

The Conservative Wahoo said...

HOTTIE!

The Conservative Wahoo said...

First Gwen screw up...count em!

The Conservative Wahoo said...

Sarah baby...pin it on Bill Clinton and Barney Frank!

Thairish said...

I don't think I can watch this. I feel like I do during those predictable moments when a likeable character in a Teen movie is about to experience an embarrassing situation.

Anonymous said...

I hope she doesn't mention McCain's 'suspension' in her response.

The Conservative Wahoo said...

Buck up, Thairish!

The Conservative Wahoo said...

She's nervous...solid. Oh no! There's the suspension!

The Conservative Wahoo said...

Good joust on fundamentals from Biden

The Conservative Wahoo said...

Fundamental(s)

The Conservative Wahoo said...

Slow down honey...

Anonymous said...

I was hoping she'd bring up that 2005 Fannie and Freddie bill. Good for her. She's doing well!

The Conservative Wahoo said...

I'd take Biden in a one on one basketball game

The Conservative Wahoo said...

C'mon sarah...talk a LITTLE about how just plain people screwed up.

Anonymous said...

what is she racing to? Joe H

The Conservative Wahoo said...

Biden's respectful; looking good.

Thairish said...

not bad so far.

The Conservative Wahoo said...

Biden's on....but lying his ass off. Dems kept Fannie and Freddie from being regulated!

Anonymous said...

How is she going to respond to this?

Anonymous said...

I liked her intro to Biden giddy "can i call you joe?" his response was equally warm... Joe H

The Conservative Wahoo said...

Middle class people have enough money to fill their tanks...Joe.

Anonymous said...

Punk ass Joe using the "John". BS. Joey was using a credit card

The Conservative Wahoo said...

94 times!

Anonymous said...

CW, you are spot on regarding fannie and freddie. Joe

The Conservative Wahoo said...

Ouch...Biden's kickin' it.

Anonymous said...

She'd better mention Baracks pal Bill "the Pentagon Bomber" Ayres

The Conservative Wahoo said...

She's on a roll...

The Conservative Wahoo said...

Screw up number 2 for Gwen

Thairish said...

it is class warfare.

Anonymous said...

Good Joe, keep talking about redistribution of wealth and 'fairness.' Trot out the patriotism line again too, please

Thairish said...

how about the AMT?

Anonymous said...

The "Grand Duchy of Dupont" Joe? Or Scranton?

Democrats don't cut taxes! Ever!

The Conservative Wahoo said...

When 50% of that 95% already DON't PAY income taxes, we're talking about a direct payment...aka welfare!

The Conservative Wahoo said...

Go get'em Sarah...small businesses.

PATRIOTISM!!!!!!

The Conservative Wahoo said...

My God she is good LOOKIN!

The Conservative Wahoo said...

NO STAY AWAY FROM DETAILS SARAH...jOe will eat your lunch on details....

The Conservative Wahoo said...

Crossing state lines is good; she's a governor, she knows it.

Anonymous said...

let me remind you we are 9.6 trillion in debt.. 1/2 to foreign gov'ts. Thus we have received more got't than we have paid for..... Joe

Thairish said...

Who is John Galt?

The Conservative Wahoo said...

Biden's gonna get her on details....

Anonymous said...

Why didn't we see this woman in the Katie Couric interviews (all 894 of them)?

Anonymous said...

If the foreign policy part of the debate is this detailed, she's screwed.

The Conservative Wahoo said...

Biden good on slowing down doubling foreign assistance....I hope Sarah's on...

The Conservative Wahoo said...

Sarah, talk about how they've decided to "slow down" on raising taxes on over 250K folks!

Anonymous said...

Hold his feet to the fire about Exxon 8% profit margina. Ask him what he knows about business, Ask him to compare Exxon profits with Duponts.

Anonymous said...
This comment has been removed by a blog administrator.
The Conservative Wahoo said...

The Censor Strikes!

The Conservative Wahoo said...

She needs to be better at pinning this stuff on Democrats...

Anonymous said...

Why is she going back there?

The Conservative Wahoo said...

ARrgh...main street/wall street...argh.....

Anonymous said...

I would like to know what Kitten thinks!

The Conservative Wahoo said...

Of course Barack saw it coming..As a "community organizer", he was one of the guys agitating for fannie and freddie to lower their standards for low income families!

Anonymous said...

Nonsense!

You overbought, you lose the house if you can't pay.

The Conservative Wahoo said...

She does not segue well from one thing to another....

Anonymous said...

totally disagree with Joe B's plan to reduce mortgage principal due.... wow, that disappoints me; need more details. Joe H

The Conservative Wahoo said...

Sarah, explain how your running mate is against ANWR...duh....

The Conservative Wahoo said...

Decent job on climate change...

Anonymous said...

fannie and freddie never originated a bad mortage, US policy forced them to purchase them... blaming fannie and freddie is an uninformed and populace position... Joe H

The Conservative Wahoo said...

SAY NUCLEAR!!!!!!

The Conservative Wahoo said...

Wrong again, Joe:

"September 30, 1999

Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.

''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point premium is dropped.

Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.

Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.

Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.

In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.

Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.

In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.

The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.

Thairish said...

Clinton Administration applied initial Fannie/Freddie pressure....

Anonymous said...

Democrat party policy, community organizers and their race hustler buds forced fannie and freddie to do what they did.

Anonymous said...

What is with Joe's grin?

Anonymous said...

wrong again? hardly... FM FM don't originate loans; recall who my partner is.... and read yesterdays WSJ oped... joe

The Conservative Wahoo said...

Joe's partially right; fanny and freddie did not "originate" the mortgages. But they bought mortgages that were made to folks who couldn't previously make the cut, relieving the "originator" of any risk. Hence, they made the loan.

Anonymous said...

Joe

Democrat party policy, community organizers, race hustlers.

Thairish said...

alternative energy to alternative lifestyles...nice segue.

Anonymous said...

Joes right..same sex couples do deserve the same as hetero couples

Anonymous said...

hence US law required them to make those purchases.... they don't have a choice. Blame congress and both Clinton and Bush...

back to the debate...

The Conservative Wahoo said...

Biden's doing well, Sarah's doing ok...not knocking it out of the park.

The Conservative Wahoo said...

Joe--pressure from an administration is not law.

Anonymous said...

Get off her man-she's doing fine. She didn't need to knock off the park, she just needed to hold her own.

The Conservative Wahoo said...

I think both tickets have the same view on same sex marriage.

Anonymous said...

I mean-knock it out of the park

The Conservative Wahoo said...

Sorry Sally; she hold's her own, and they go down.....

Anonymous said...

US code requires FN FM to purchase all mortgages that meet min. criteria... we can pick this up another time. next issue

Anonymous said...

Mr Biden, do you support Bill Ayres and his terror bombing campaign of the 70s?

Anonymous said...

Joe just crushed her.... Joe

The Conservative Wahoo said...

Biden kicking ass on the war question

Anonymous said...

Are you kidding Sue???? She actually does kind of need to knock it out of the park. Up until now, every time that woman has opened her mouth has been a joke! She has a lot to prove if she is going to win any votes for her ticket!

The Conservative Wahoo said...

WHITE FLAG OF SURRENDER!!!!!!

Anonymous said...

I disagree-she holds her own and then she's sent to every small town in Ohio and Pennsylvania. This is the only thing she absolutely MUST do, the next 33 days can be spent campaigning.

The Conservative Wahoo said...

Nice job Sarah....

Anonymous said...

Oh...she's fading...

The Conservative Wahoo said...

Sally...they just pulled out of Michigan rather than send her there...what are they up to?

Anonymous said...

Is Joe right about this troop funding bill?

The Conservative Wahoo said...

Joe is right...but they tied the MRAP funding to a pullout timeline. This is why it is hard to get elected from the Senate....

The Conservative Wahoo said...

Biden a little gas-baggy right now...

Anonymous said...

I found that kind of curious too. You'd think that she'd make a difference in Michigan.

I'm starting to think Romney may have been a better choice.

Bill said...

anyone keeping count of the number of "fundamental" comments by Joe?

Anonymous said...

Let's invade Pakistan!

Anonymous said...

Oh poor Sally....have you actually seen any of the few interviews she's been allowed to do? Sarah is like the AMerican Idol candidate. YOu just never know what your gonna get when she opens her mouth. A poor choice indeed!

Anonymous said...

Rommey would have been less exciting but much stronger... Joe

The Conservative Wahoo said...

She says Nuc-u-lar...I thought we were past that....

The Conservative Wahoo said...

I think Sarah's appealing to a lot of people tonight. Not necessarily me...but I think she's going to be found appealing by a lot of people.

Anonymous said...

"he shared Henry K's passion for diplomacy" please... Joe

Anonymous said...

wishful thinking CW... only folks that are already voting for her ticket.... Joe

The Conservative Wahoo said...

I think when you're thinning on top (like Joe), you gotta get rid of the little dutch boy thing in the back, know what I mean?

The Conservative Wahoo said...

Good point on Spain from Biden

The Conservative Wahoo said...

Good point on Spain from Biden

Anonymous said...

I maintain that after her lame interviews, just showing she can complete a sentence is a win for her.

This EYE-RACK thing was getting a bit annoying.

Anonymous said...

you wanna talk about hair?????? Palin has serious hair issues......She needs a stylish. Joe looks distinguished...she just looks like a 90's throwback

Bill said...

is it just me or does Palin just ignore every attack statement by Joe?

The Conservative Wahoo said...

Elections on the WEst Bank happened before Barack was a Senator, I think....

The Conservative Wahoo said...

Sorry, Obama was a senator for twenty days when the elections were held....

Anonymous said...

Can she complete a sentence Sally? Most of what she says is just incoherent if not downright ditzy!

Anonymous said...

CW, I think we pushed the elections.... when Biden said so.

Anonymous said...

Tina Fey is a better Palin than Palin.. seriously

Thairish said...

McCain Maverick....Palin Goose?

The Conservative Wahoo said...

We did. I think we were wrong. Biden said so...but he said Senator Obama did too...that was what I took issue with.

The Conservative Wahoo said...

Viper!

The Conservative Wahoo said...

Huh, Huh...Tina Fey...I get it...funny

Anonymous said...

i see... gotcha Joe

Anonymous said...

I think our girl has been listening to Sean Hannity. I'm hearing some familiar rants of his.
She just needs to shut up on this topic and move on. She won't be scoring points on this subject

Anonymous said...

nice afghanistan quote of GEN McKiernan; would have been better if he was able to recall his name......

The Conservative Wahoo said...

Palin should have said, "same sort of generals opposed the surge in Iraq.

I think it is Mackiernan...McClellan was a civil war guy...

Anonymous said...

better to quote a general than state the wrong name... she needs to get out of the civil war

joe

Thairish said...

did she get the General's name wrong McKeirnan?

The Conservative Wahoo said...

Ah, Chuck Hagel. Every Dems favorite Republican (since McCain lost the title!)

The Conservative Wahoo said...

"I gave the President the power",

Joe Biden

The Conservative Wahoo said...

Wow...big words on Darfur. Haven't heard this before.

Anonymous said...

2/3 thru the debate... not a knockout, but a joe victory... however, she did well enough to get out of the funny section

Joe H

The Conservative Wahoo said...

Wow...I guess the Navy and Air Force have a new no-fly zone to enforce.

The Conservative Wahoo said...

Capacity before national interest? Say it Joe...."National Interest"

Where does that come in??????

The Conservative Wahoo said...

Nope. Nope. Nope. Her hair is much better.

Anonymous said...

the last no fly zone only cost the US taxpayer a billion a year -- Iraq costs 120 billion..... hmmmm which is a better deal for the taxpayer

The Conservative Wahoo said...

I do think she's holding her own, but the economy is driving people to the Dems....just not enough.

The Conservative Wahoo said...

Good answer from Biden on what would happen if the unthinkable happened.

The Conservative Wahoo said...

Why is every election the most important election.

Anonymous said...

because its today not yesterday

The Conservative Wahoo said...

She should say, "I would do the very best job I could based on the circumstances I found at the time"

Anonymous said...

There's no time like the present.

Anonymous said...

CW, you are being to hopeful... she is doing ok, at best... too rough

Thairish said...

yep.. McKiernan.

The Conservative Wahoo said...

I love when US Senators act like one of the little guys....

The Conservative Wahoo said...

"her reward is in heaven"

because it sure isn't here married to Joe!

Thairish said...

what is with all the winking. I just got a little excited.

Anonymous said...

Doggone it-there she goes again. America is going to like her. Love the shout out to the 3rd graders!

Anonymous said...

ouch, hope CW was speaking about Joe B vice me, Joe H! :)

Thairish said...

two good one's in a row from Palin!

Anonymous said...

Is Joe reading from notes when he looks down?

The Conservative Wahoo said...

Biden's a great story; elected to the senate at 29 (turned 30 just before taking office), wife and at least one kid died in a horrible car accident right before he took office. Horrible.

Anonymous said...

As VP, would either of them unpixilate the National Observatory in Google Earth?

The Conservative Wahoo said...

Article II describes the VP. Article I is the congress.

The Conservative Wahoo said...

Gwen just makes mistakes......

The Conservative Wahoo said...

She didn't get the question...

Anonymous said...

correct catch on the Constitution, CW

Anonymous said...

Actually the first article deals with the legislative branch! The VP is mentioned in article 1 as the President of the Senate. The president isn't mentioned until Article II, Executive branch.

I think it's interesting to point out that the head of the executive is mentioned AFTER both the entire legislative system AND the Vice President. Something intentional by the fore-fathers

Bill said...

it is time for positive sound bites regardless of the question

Anonymous said...

Please-he's a lawyer-there were no good jobs for him in the Wilmington area? the only job available to him was the US Senate?

Anonymous said...

Art 1, Clause 4: Vice President as President of Senate; Voting Power
The Vice President of the United States shall be President of the Senate, but shall have no Vote, unless they be equally divided.
Section Three provides that the Vice President is to serve as President of the Senate, although in practice, the Vice President usually presides over the Senate only when a tie in the voting is anticipated. Neither the Vice President nor the full-time President pro tempore of the Senate preside over the body's routine sessions; instead, the President pro tempore typically deputizes a junior member of the assembly to fill the role. As a non-member of the assembly, the Vice President has no vote unless the Senate is equally divided, in which case the Vice President has what is called a casting vote. This is as contrasted with the Speaker of the House, who has always been chosen from among the Members of the House of Representatives,[38] and as a Member of the assembly can vote to both make or break a tie. This provision is typically seen as one of the "checks and balances" built into the U.S. Constitution, whereby the 3 branches of the federal government (Congress, President, and the courts) are given the ability to influence the others. In this case, the Vice President's ability to preside over the deliberations of the Senate and (more importantly) break tie votes, presumably in favor of the presidential administration's preferences, allows the Executive Branch to influence the behavior of the Senate (and, consequently, Congress).

Further information: U.S. Vice Presidents' tie-breaking votes

Joe H

Bill said...

come on now Maverick was in Top Gun...how about unbranded

The Conservative Wahoo said...

Article 2 section 4 puts the VP in the exec branch. When I said VP is in article 2, this is what I meant.

Anonymous said...

Did Joe vote against the budget, is that what he's telling us? He's killing McCain.
'Kitchen table' needs to go the way of 'Main Street.'

The Conservative Wahoo said...

I'm not to be trifled with on the Constitution

Anonymous said...

CW -- Mr. Scalia would like to take you out to the woodshed!

The Conservative Wahoo said...

If Justice Scalia were here, I'd defer.

The Conservative Wahoo said...

Sarah....make sure you say that maybe Joe can cross the aisle...but Barack hasn't on ANYTHING substantial.

Anonymous said...

CW - I know she mentioned it before, but you're right, now's a great time to reinforce it.

The Conservative Wahoo said...

Sarah's doing just fine. I think Joe H is right...she's lifted herself a bit. But not enough to provide the bounce

Anonymous said...

Touche... Antonin S

The Conservative Wahoo said...

No need for the mainstream media swipe, Sarah.

Anonymous said...

I love her.

Anonymous said...

come on joe, offer to stay and chat with her on camera.. take her up on her phony offer...

The Conservative Wahoo said...

Good strong closing!

Anonymous said...

I would have liked to have heard their comments concerning entitlement programs and the bugaboo that will soon become.

Bill said...

Golly gee, gosh I just like her. I think Joe does too.

The Conservative Wahoo said...

I think Joe has done a good job too. He didn't come across as a gasbag, and he didn't make any huge mistakes.

The Conservative Wahoo said...

Dignity and respect? Not in my neighborhood.

More like "who's got the best bike?"

Thairish said...

thinks re: Joe and sending kids to college - the world needs ditch diggers too, Joey.

The Conservative Wahoo said...

My verdict?

No clear winner.

Sarah came across as credible and serious and Joe did a fine job.

Anonymous said...

She started off a bit nervous but definitely got into a groove. Biden was solid the whole time (I chalk it up to more experience).

The Conservative Wahoo said...

On to the post coverage!

The Conservative Wahoo said...

Stop petting her Joe!

The Conservative Wahoo said...

Watching Fox; who is on CNN and MSNBC?

Bill said...

Agree, no clear winner. Each did what they do best and each played to their strong suit.

Anonymous said...

CW, your bias is clouding your judgement......... wow, you call that a tie? She survived... which is what she had to do..nothing more

Smoothfur said...

I'd give Biden a B+ and Palin a B which considering Biden's inside Washington edge actually makes Palin the winner.

Bill said...

CNBC so far loved her

Anonymous said...

msnbc started shredding her. now less critical

Anonymous said...

It's all about C-SPAN. No media windbags to spoil the moment with commentary.

Thairish said...

moral victory for Palin. watching CNN right now.

Thairish said...

cnn group being fair.

The Conservative Wahoo said...

Fox is pretty non judgmental. Bill Kristol's gotten blackberry's from conservatives gaga over sarah, but brit hume's pretty solid on Biden's performance.

Anonymous said...

msnbc praising her communication skills but taking her apart on issues. no real mention of how joe did

The Conservative Wahoo said...

Fred Barnes just said she was winning the debate at one point. I never saw that point.

Anonymous said...

MSNBC is trashing her; saying she sounded like she was at a spelling bee. Also, she was unable to discuss policy, mean and unlikeable.

Thairish said...

begala even said Palin did what she needed to do. Begala!

The Conservative Wahoo said...

Fox in the ticker underneath is touting that "Biden: Humans fully responsible for climate change"

Anonymous said...

good night everyone....

Smoothfur said...

If I had been Palin, I would have intertwined Biden's comment about Obama not being ready to be president in every response that I made and also mentioned how the present congress has been bipartisin in its failure to the american people.

The Conservative Wahoo said...

I'm watching a group of "independents" saying all kinds of great things about Palin's performance and how much she connected with them.

Anonymous said...

Focus group on Fox digs her.

Hey, what does everyone think of her challenge at the end to do it again? Was she serious?

The Conservative Wahoo said...

I think she was definitely serious.

Smoothfur said...

Sarah hit the nail on the head about being able to communicate directly with the people rather than through the filter of the (biased) media.

Bill said...

THis just in, the weather channel says the sun will come out tomorrow.

The Conservative Wahoo said...

Thanks everyone...what a blast!!!!!

I am very proud to have a group of readers like you.

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