Update: Obama's Big Lie About NAFTA

Barack Obama's disciples keep blowing smoke and waving mirrors at the memo written by a Canadian consular official in Chicago, outting Obama's double-speak about NAFTA. But in spite of all the spin and wishful thinking, the memo won't go away.

This spin-doctoring comes in various flavors, the crudest of which is a diary on the recommended list with 500 recommendations on Daily Kos, CBC Exonerates Obama.

Weirdly enough, in this "refutation" of the story about Obama's lead economic advisor Austan Goolsbee talking to the Canadian consul and another consular official at the Canadian consulate in Chicago, the words consul, consulate, consular, and Chicago do not appear.

The "refutation" of a story about the consul never mentions the consul. It never mentions the consulate. Forget about Chicago! Forget about the Canadian consular official who wrote the memo.

Forget the memo!

Please!

Canada is seriously embarassed by the appearance of meddling in a U.S. election, and they really, really want it to go away, but nobody is directly contradicting the consul, George Rioux, or Joseph DeMora, the consular official who wrote the memo. The closest thing to a denial that Obama's disciples can find is an anonymous source in the Canadian Embassy in Washington, who says the memo may be mistaken.

An anonymous source says the memo may be mistaken.

So what? I can find an anonymous source who says the earth may be flat. "George Bush may be smarter than Einstein," according to an anonymous source.

Meanwhile, back in reality, the memo itself still nails Obama for bullshitting about NAFTA, and the facts don't change just because Obama's people hope they disappear and have the audacity to deny them.

So along with this update I'm republishing my original diary, "Obama's Big Lie About Nafta," which relies solely on direct quotes from the memo written by a Canadian consular official about a meeting between Obama's lead economic advisor and the Canadian consul in Chicago.

There is no serious dispute about the facts.

Barack Obama's lead economic advisor says that "Obama's tough talk on the North American Free Trade Agreement is just campaign rhetoric not to be taken seriously."

As reported in the New York Times today, Austan Goolsbee, who has been Barack Obama's economic advisor since Obama's Senate campaign in Illinois, told Canadian consular officials in Chicago that "much of the rhetoric that may be perceived to be protectionist is more reflective of political maneuvering than policy."

Obama's double-speak about NAFTA was revealed in a 1,300 word memo written by a Canadian consular official, Joseph DeMora, recounting a meeting between himself, Goolsbee and the consul general in Chicago, Georges Rioux.

The closing section of the memo specifically mentions Ohio:

"As Obama continues to court the economic populist vote, particularly in upcoming contests like Ohio, we are likely to see a continuation of some of the messaging that hasn't played in Canada's favour, but this should continue to be viewed in the context in which it is delivered."

So as Obama "continues to court the economic populist vote," we can expect to hear a lot more "campaign rhetoric not to be taken seriously," but it's "more reflective of political maneuvering than policy."

Goolsbee and the Obama campaign claim that Mr. DeMora's report of the meeting is "completely crazy."

Completely crazy!

So either Obama has been lying about NAFTA all along, or the Canadian Consulate in Chicago assigned a lunatic to report on a meeting with Obama's lead economic adviser.

You decide.



Display:


Was Hillary bashing Obama for her campaign did? (2.00 / 6)


Tangled Friggin' Web
03.05.08 -- 10:28PM
By Josh Marshall

Seems the NAFTAgate leak started with -- surprise, surprise -- the Chief of Staff to Canada's conservative PM Stephen Harper. Only the first hint wasn't about stuff the Canadians had heard from the Obama camp. It was about reassurances the Canadians got from the Clinton campaign. According to a reporter who heard the original conversation, Brodie said "someone from (Hillary) Clinton's campaign is telling the embassy to take it with a grain of salt. . . That someone called us and told us not to worry."

Only somehow this evolved into a story about the Obama campaign giving such reassurances.

The Globe and Mail has the latest details.

So was Hillary bashing Obama for what her own campaign had done? Did they both do it? Was it all a set up? I think the overarching story here is that friendly governments should not interfere in our elections.


Obama's Pop. Vote LEAD = 600K | Clinton & McCain = WAR Authorizers
by NeuvoLiberal on Thu Mar 06, 2008 at 07:50:09 AM EST

Slow down before you start making accusations... (2.00 / 6)

"He said someone from [Hillary] Clinton's campaign is telling the embassy to take it with a grain of salt. . . That someone called us and told us not to worry."

Who?  That's the difference here. This is simply not the same thing. This is a second hand hearsay reference to "somebody". It is an important difference. In Obama's case, what we had a story from a major TV network. There was a blanket denial by Obama himself, then someone (Goolsbee) was named and he denied it. Then the memo came out and they strugggled to spin it.

Here what we have is an unnamed source who says another person said something in a room at some point. Unless they can put more details to this, it is simply too flimsy.

Now I'll grant you that if further details do emerge then it will be very interesting and potentially very damaging to the Clinton campaign.

I have been all over the NAFTAgate matter as you may know, but when the revelations started to break last week you may also recall that I urged everyone to calm down and let the facts play out before jumping to conclusions. I'd urge the same thing here. Facts are sticky things. If something like this did occur then the Obama campaign needs to flush out the facts. The most obvious thing is to ask Mr. Brodie some questions. Did he talk to someone in the Clinton campaign? Who? What was the substance of the conversation? Are there any notes?

Before you start slinging mud, something you may come to regret if it turns out that these accusations are false, I urge you to dig out the truth.


by MediaFreeze on Thu Mar 06, 2008 at 11:14:00 AM EST
[ Parent ]

Actually, CTV reported about Clinton campaign (2.00 / 2)

doing the same thing that they were hitting Obama on as early as 2/29 (or so):


http://www.salon.com/tech/htww/2008/02/2 9/nafta_and_austan_goolsbee/

In the interests of fairness, it should be noted that CTV is now saying that "the Clinton campaign has [also] made indirect contact with the Canadian government, trying to reassure Ottawa of their support despite Clinton's words."

The Clinton campaign "denied the claim."

The media ignored this and was busy spinning Clinton campaign's talking points. The media should be vetting both sides of the story; it's their job to do this even-handedly and comprehensively.


Obama's Pop. Vote LEAD = 600K | Clinton & McCain = WAR Authorizers
by NeuvoLiberal on Thu Mar 06, 2008 at 11:49:25 AM EST
[ Parent ]

Re: Actually, CTV reported about Clinton campaign (1.83 / 6)

The difference is Obama has been using NAFTA to attack Clinton and he has made this a story.  He says he is going to kill NAFTA and is mr. no free trade.  Then he denied the memo.  He also has been saying HRC is pro-NAFTA.  

The problem here is BO raised this issue, used it to go after HRC (which is fine), but it turns out he is a hypcrite and is ok with NAFTA.  The issue is when you present yourself as mr. fing different and a NEW kind of candidate and you get caught THAT makes BO look really bad.  It is not about if you support NAFTA or not it is about BO looking like a politician when he says he isnt and demeaning calls HRC a politician.

It is 100% about being a hypocrite.

david


by giusd on Thu Mar 06, 2008 at 12:06:39 PM EST
[ Parent ]

except, Obama never called himself (2.00 / 3)

as being anti-trade. He is for fair trade, and NAFTA's labor/environmental protections were too loose to be enforceabeable (apparently). Clinton can't stake claim to "35 years" of experience w/o including NAFTA (as passed and implemented) in that mix.

If Clinton ran on her 7 years of elected office experience only, then she shouldn't be criticized much for NAFTA (except perhaps for her rhetoric in 2004 saying that NAFTA was beneficial to the US and to NY), but that isn't the case. She wants credit for things Bill Clinton did; if so, she can't pick and choose as she likes from it w/o providing proper and verifiable evidence for all of her claimed involvement in the decisions made during Clinton/Gore (that's why she should release the presidential archives showing all aspects concerned with her claims to credit from Clinton/Gore).

You see, Clinton can't run from her 2004 statement about NAFTA where she said: ""I Think On Balance NAFTA Has Been Good For New York And America." (full quotes here). If she believed it then, not much as changed since then for her to do a 180 degree turn from it.


Obama's Pop. Vote LEAD = 600K | Clinton & McCain = WAR Authorizers
by NeuvoLiberal on Thu Mar 06, 2008 at 12:52:21 PM EST
[ Parent ]

Re: except, Obama never called himself (2.00 / 2)

You see, Clinton can't run from her 2004 statement about NAFTA where she said: ""I Think On Balance NAFTA Has Been Good For New York And America."

In that case, Obama can't run away from his 2004 statment on the Iraq war vote where he said: "I'm not privy to Senate intelligence reports. What would I have done? I don't know." I agree with you that neither candidate should be able to pick and choose whichever quotes put them in the most favorable light.

Btw, here is the rest of Clinton's 2004 statment on NAFTA.

I think NAFTA was, in principle, a good idea to try to create a better trading market between Canada and the United States and Mexico. But I think the terms that it contained, and how it was negotiated under the Bush Administration and the failure to have any tough enforcement mechanism, like pollution on our border with Mexico, for example...But it was inherited. NAFTA was inherited by the Clinton Administration. I believe in the general principles it represented, but what we have learned is that we have to drive a tougher bargain. Our market is the market that everybody wants to be in. We should quit giving it away so willy-nilly. I believe we need tougher enforcement of the trade agreements we already have. You look at the trade enforcement record between the Clinton Administration and the Bush Administration, the Clinton Administration brought more trade enforcement actions in one year than the Bush Administration brought in six years. For me, trade is who we are. We're traders. We want to be involved in the global economy, but not be played for suckers.

So how exactly does Obama's "fair trade" position differ from Clinton's?


Fortune strums a mournful tune for those whose campaigns peak too soon. --Bored of the Rings
by Inky on Thu Mar 06, 2008 at 02:51:53 PM EST
[ Parent ]

Clintons have been misquoting Obama (2.00 / 1)

even though that "I don't know" misquote was debunked a LONG time ago; playing a Clinton crony, Joe Wilson continues to misquote Obama still.

Media matters debunked this summarily in Nov'07:


Media Matters
Sun, Nov 11, 2007 4:43pm ET

   In a recent interview, he declined to criticize Senators Kerry and Edwards for voting to authorize the war, although he said he would not have done the same based on the information he had at the time.

   ''But, I'm not privy to Senate intelligence reports,'' Mr. Obama said. ''What would I have done? I don't know. What I know is that from my vantage point the case was not made.''

   But Mr. Obama said he did fault Democratic leaders for failing to ask enough tough questions of the Bush administration to force it to prove its case for war. ''What I don't think was appropriate was the degree to which Congress gave the president a pass on this,'' he said.
...
Further, in a July 24, 2004, interview on CNN's Late Edition with Wolf Blitzer, Obama said that while he "didn't have the information that was available to senators," he would have voted against the Iraq war authorization:

   BLITZER: Had you been in the Senate when they had a vote on whether to give the president the authority to go to war, how would you have voted?

   OBAMA: You know, I didn't have the information that was available to senators. I know that, as somebody who was thinking about a U.S. Senate race, I think it was a mistake, and I think I would have voted no.

   BLITZER: You would have voted no at the time?

   OBAMA: That's correct.

   BLITZER: Kerry, of course, and Edwards both voted yes.

   OBAMA: But keep in mind, I think this is a tough question and a tough call. What I do think is that if you're going to make these tough calls, you have to do so in a transparent way, in an honest way, talk to the American people, trust their judgment.


Please click and check the link before you extend this point.

What was going on back in 2004 was that the media was trying to force Obama to criticize Kerry and Edwards' war votes at the Democratic convention.

First, we nominated someone that voted for the war in 2004; that puts Democrats that opposed the war in a tough spot. We should not repeat that mistake in 2008.

Second, should Clinton emerge as the nominee this year, do Bill Clinton, Joe Wilson, Hillary Clinton (or you yourself)  want Obama to harshly critique the war vote? You'd want probably want him to give an answer that wouldn't leave Clinton looking bad. That's exactly the tight spot where Obama was situated in 2004.

No Democrat with any shred of integrity will criticize Obama on what played out. You'd be false on substance as well, given the extended quote and context.

Despite this attack having been debunked 2 months earlier, Bill Clinton was peddling it on 1/8/2008. Wilson is still peddling it. Will they do and say anything to win elections?

~~~

I want to expand upon this to drive home the fact that, in fact, Obama resisted and did what he could to oppose the invasion all the way, not just in Oct'02 but through March 2003:


    MAR 2003: Obama Challenged Other Candidates To Take A Position On Iraq War. The AP wrote, "Barack Obama is criticizing the idea of war against Iraq and challenging his Democratic opponents in the U.S. Senate race to take a stand on the question...Issuing the challenge at a weekend speech in Champaign, Obama said he does not oppose war if it's necessary. But he believes Iraqi leader Saddam Hussein poses no immediate threat and that, with Iraq's economy in shambles, he can be "contained" until internal pressures force him out...Obama said candidates wishing to unseat Republican Sen. Peter Fitzgerald in 2004 should speak up now as the Bush administration moves closer to using military force against Iraq. `What's tempting is to take the path of least resistance and keep quiet on the issue, knowing that maybe in two or three or six months, at least the fighting will be over and you can see how it plays itself out,' said Obama, a state senator from Chicago." (AP, 3/3/2003)

   MAR 2003: Obama Said It's Not Too Late To Stop The War. "State Sen. Barack Obama (D-Chicago) told the crowd, `It's not too late' to stop the war." (Chicago Sun- Times, 3/17/03)
[Link ]


while Clinton was cheer-leading Bush on 3/17/03 by demanding that Saddam abide by Bush's ultimatum "Saddam Hussein Must Leave Iraq Within 48 Hours" to avoid war:

March 17, 2003

Statement of Senator Hillary Rodham Clinton on the President's Remarks to the Nation

When the President of the United States addresses the nation about possible military action, it is a solemn occasion for every American. Tonight, the President gave Saddam Hussein one last chance to avoid war, and the world hopes that Saddam Hussein will finally hear this ultimatum, understand the severity of those words, and act accordingly. While we wish there were more international support for the effort to disarm Saddam Hussein, at this critical juncture it is important for all of us to come together in support of our troops and pray that, if war does occur, this mission is accomplished swiftly and decisively with minimum loss of life and civilian casualties. I have had the honor of meeting and speaking with many of our brave men and women in uniform. They are the best trained, equipped, and motivated military in the entire world, we support them fully and we are grateful for their courageous service in these difficult times.


instead of telling Bush not to invade because the UN inspectors already reported by then the following:

March 7, 2003
Dr. Mohamed ElBaradei, IAEA: After three months of intrusive inspections, we have to date found no evidence or plausible indication of the revival of a nuclear weapon program in Iraq.

Dr. Hans Blix, Chief U.N. weapons inspector: How much time would it take to resolve the key remaining disarmament tasks? While cooperation can -- cooperation can and is to be immediate, disarmament, and at any rate verification of it, cannot be instant. Even with a proactive Iraqi attitude induced by continued outside pressure, it will still take some time to verify sites and items, analyze documents, interview relevant persons and draw conclusions. It will not take years, nor weeks, but months.

Let there be no mistake that Obama opposed the invasion of Iraq as strongly as anyone in his position could. Whereas Hillary Clinton did all the things that helped get the war underway, not unlike McCain.

~~~

Now, on NAFTA, I've already argued my point. Had HRC been running only on her senate record, she can't be critiqued much for NAFTA. But, if she wants to stretch out and reach into Clinton administration's record selectively, she needs to provide verifiable evidence, i.e. release Clinton's archives. You can't have the cake and eat it too.


Obama's Pop. Vote LEAD = 600K | Clinton & McCain = WAR Authorizers
by NeuvoLiberal on Thu Mar 06, 2008 at 04:02:30 PM EST
[ Parent ]

Re: Clintons have been misquoting Obama (2.00 / 2)

That isn't debunking.  He said "I don't know."  He said those words.  There is no debunking that.  All you can argue is that "I don't know" really means " I am against this war no matter what and would have certainly voted against it if I had actually been in office at the time, but I always carefully point out that I was not in office at the time and did not read the intelligence that others did who were actually in office at the time and did actually have to vote."

November 2006 interview:

I'm always careful to say that I was not in the Senate, so perhaps the reason I thought it was such a bad idea was that I didn't have the benefit of U.S. intelligence. And, for those who did, it might have led to a different set of choices. So that might be something that sort of is obvious. But, again, we were in different circumstances at that time: I was running for the U.S. Senate, she had to take a vote, and casting votes is always a difficult test.

And if you want to make that argument, then you will have to explain why he said several times that he always mentioned that he didn't actually see the intelligence.  What he is really saying is that "I might have voted for the war if I had seen the intelligence those were actually in office at the time saw."  And I find your efforts to remove that part of the public record from his statements more than a little disingenuous.  As well as the fact that although you have been told about it you always skip over the part where he removed the 2002 speech from his website and tried to move to the right on the Iraq War, only to have his own political base call him on it and force him to put the speech back. (link)


by Mike Pridmore on Thu Mar 06, 2008 at 04:41:55 PM EST
[ Parent ]

Re: Clintons have been misquoting Obama (none / 0)

What we know is that, according to Graham, the NIE said:


What I Knew Before the Invasion
By Bob Graham
Sunday, November 20, 2005

There were troubling aspects to this 90-page document. While slanted toward the conclusion that Hussein possessed weapons of mass destruction stored or produced at 550 sites, it contained vigorous dissents on key parts of the information, especially by the departments of State and Energy. Particular skepticism was raised about aluminum tubes that were offered as evidence Iraq was reconstituting its nuclear program. As to Hussein's will to use whatever weapons he might have, the estimate indicated he would not do so unless he was first attacked.


The last sentence says that Saddam was not an imminent threat. Since Obama's opposition to the war was based on precisely that fact, the logical conclusion is that, had he seen the NIE, he would have voted against the war.

The website stuff is not pertinent given the fact that Obama strove quite hard to prevent an invasion of Iraq (while HRC was doing the opposite) even into the final days before the day of the invasion.


Obama's Pop. Vote LEAD = 600K | Clinton & McCain = WAR Authorizers
by NeuvoLiberal on Thu Mar 06, 2008 at 05:30:44 PM EST
[ Parent ]

Re: Clintons have been misquoting Obama (2.00 / 1)

Yes, byt Jay Rockefeller (an ardent Obama supporter, btw) read the same NIE a came to the opposite conclusion. In fact, this is the speech he made before voting yay on AUMF, after he had read the NIE:

Saddam Hussein represents a grave threat to the United States, and I have concluded we must use force to deal with him if all other means fail. That is the core issue, and whether we vote on it now, or in January, or in six months time, that is the issue we all have to confront.

War, if it comes to that, will cost money I dearly wish we could use for other domestic priorities, to address the very real needs that West Virginia and other states face in this tough economy. But ultimately, defending America's citizens from danger is a responsibility whose costs we must bear.

So, once again, we really don't have any idea how Obama would have voted had he been in the Senate at the time--even assuming that he would have read the NIE.


Fortune strums a mournful tune for those whose campaigns peak too soon. --Bored of the Rings
by Inky on Thu Mar 06, 2008 at 05:46:57 PM EST
[ Parent ]

Graham specifically referenced the NIE (none / 0)

"So, once again, we really don't have any idea how Obama would have voted had he been in the Senate at the time--even assuming that he would have read the NIE."

Graham specifically referenced the NIE: "As to Hussein's will to use whatever weapons he might have, the estimate indicated he would not do so unless he was first attacked.". Rockefeller didn't cite or reference the NIE when he said "grave threat"; he was throwing an opinion without an explanation to support it.

Therefore, Graham's quote is the one that's pertinent regarding the NIE and it also helps that he was also the Chairperson of the Senate Intelligence Committee then.

Therefore, my argument stands that Obama would have likely voted against the IWR had he read the NIE.

Rockefeller erred. His error doesn't excuse Clinton on these things she did which are: 1. did not read the NIE, 2. voted for the IWR, 3. cheer-led the war in March 2003 despite UN/IAEA inspectors reporting in March that no WMD/nukes could be found, which demonstrate grave irresponsibility/dereliction and bad judgement/calculation.

~~~

Independently of what anyone said, are you saying that Saddam was an imminent threat?


Obama's Pop. Vote LEAD = 600K | Clinton & McCain = WAR Authorizers
by NeuvoLiberal on Thu Mar 06, 2008 at 06:17:23 PM EST
[ Parent ]

typo: 'he was the Chairperson' (none / 0)


Obama's Pop. Vote LEAD = 600K | Clinton & McCain = WAR Authorizers
by NeuvoLiberal on Thu Mar 06, 2008 at 06:26:20 PM EST
[ Parent ]

Re: except, Obama never called himself (none / 0)

Here's one more well written article and a very valid question to consider:

http://www.commondreams.org/archive/2008 03/06/7528

People, can we not get passed our own biases and look into a matter with a pure intention...to actually want to know the truth?

Please, for the love of this country, get a grip and stop seeing what you want to see and try to get to the bottom of this.

As far as I'm concerned, there are a lot of questions that need to be answered still before I start accusing one camp or the other.  


by chill on Thu Mar 06, 2008 at 06:46:14 PM EST
[ Parent ]

Here's a short piece from the article above: (none / 0)

"But as the CBC report and others make clear, the core of the story turned out to be false. The Canadian government contacted Goolsby to clarify Obama's position on trade, not the reverse. Although Goolsby did meet with Canada's Chicago consul general George Rioux (not, as was reported in the original leak, Ambassador Michael Wilson), there's no evidence that he ever described Obama's position as mere political posturing. Instead, Goolsby responded to Canadian questions by clarifying that Obama wasn't pushing to scrap the agreement entirely, but that labor and environmental safeguards were important to him. The memo was simply inaccurate, as even the Harper government now acknowledges after a firestorm of criticism by opposition parliament members, who've accused the Harper government of trying to help their Republican allies across the border by trying to take down the likely and stronger of the Democratic candidates. In response, Harper called the leak "blatantly unfair," pledged to get to the bottom of it, and said, "there was no intention to convey, in any way, that Senator Obama and his campaign team were taking a different position in public from views expressed in private, including about NAFTA."


by chill on Thu Mar 06, 2008 at 06:48:30 PM EST
[ Parent ]

Re: Actually, CTV reported about Clinton campaign (2.00 / 3)

And, the Clinton campaign strongly denied that allegation, and called upon the Canadians to come forward with any supporting information.

So far, I don't know of anything that has come out to corroberate those allegations.

But, I definately agree that it would be very bad, particularly in light of the strong denials, if some solid evidence substantiating the allegations came out.

Again, I think you need to be calling for people to investigate this further and flesh it out, before jumping to conclusions and making strong accusations.

In the realm of specualtion, I'd have to say that it is curious that the Obama campaign has not adopted your line of attack. You'd have to think that they'd be all over this if they thought they could actually pin something like this in Clinton. But, that's just speculation.


by MediaFreeze on Thu Mar 06, 2008 at 12:26:02 PM EST
[ Parent ]

Re: Jacob Freeze is full of crap (none / 0)

If Jacob Freeze really cared about NAFTA reform, he would be raking Clinton over the coals for her votes IN FAVOR of NAFTA, and her subsequent lies about those votes.

David Sirota's column in the The Huffington Post spells out how Clinton distorts Obama's record to draw attention away from her own pro-NAFTA position:
[Clinton's] direct quotes praising NAFTA repeatedly are not up for interpretation -- and neither are her absurd claims to "have been against NAFTA from the beginning." We're talking about pure, unadulterated lying here -- and lying with a purpose: To confuse enough voters into thinking she actually did oppose NAFTA and that her strong support for NAFTA is somehow the same as Barack Obama's longtime opposition to the pact.

Those lies by Clinton should scare the crap out of any NAFTA-reform-minded Democrat.

Obama, who opposed NAFTA from the start, is far more credible on this issue than Clinton is. Period. And anyone who tries to sell this story any other way is doing nothing more than trying to  desperately salvage Clinton's campaign. Go read the Sirota column yourself.


With great power comes great responsibility.
by CaptCT on Thu Mar 06, 2008 at 04:15:24 PM EST
[ Parent ]

Re: Jacob Freeze is full of crap (2.00 / 1)

Hillary was opposed to NAFTA at the very beginning, and not just because it took political capital away from the health care debate.  (link):

In the summer of 1993, she tried to sink the North American Free Trade Agreement, which the Bush administration had negotiated. Hillary opposed the treaty because she believed it would take jobs away from American workers. She also worried that a campaign for the treaty's passage could divert the nation's attention from her health-care-reform efforts.

She said at different times that it seemed to be working, at least in some areas.  That was before the effects that we have seen under Bush.  So she opposed something, and periodically evaluated it on the data available.  That seems clear from discussion of what was actually said by journalists who had researched this and how they responded to being misquoted by Obama (link):

Because it's raised questions -- with Clinton criticizing Obama for making "false claims" in the mail piece -- we've looked into the chart. In it, we did not have the Clinton campaign using the word "boon" in describing NAFTA. The word was our characterization of how we best understood her position on NAFTA, based on a review of past stories and her public statements.

We do not have a direct quote indicating her campaign told us she thought it was good for the economy at that time. Also, for that matter, Clinton's campaign did not contact us to question the item after it appeared in print.

Obama's use of the citation in this way does strike us as misleading. The quote marks make it look as if Hillary said "boon," not us. It's an example of the kind of slim reeds campaigns use to try to win an office.

That isn't near the same as always being for it. And that is what you are saying: that she was always for it.


by Mike Pridmore on Thu Mar 06, 2008 at 04:56:30 PM EST
[ Parent ]

Re: Jacob Freeze is full of crap (none / 0)

Here's what Clinton told voters in Ohio: "I have been against NAFTA from the beginning," Clinton said.

Here are some of Clinton's PRO-NAFTA statements:

According to NBC's Meet the Press, in 2004, Clinton said, "I think, on balance, NAFTA has been good for New York and America."

The Associated Press reported on 3/6/96 that she said, "NAFTA is proving its worth" and later praising NAFTA as "a free and fair trade agreement."

In her memoir, Clinton trumpeted her husband's "successes on the budget, the Brady bill and NAFTA."

In 1998, Bloomberg News reports that she praised corporations for mounting "a very effective business effort in the U.S. on behalf of NAFTA." Another direct quote.

In a 2002 speech to the Democratic Leadership Council, she said:

"We all know the record of the DLC, the Progressive Policy Institute and, of course, the Clinton-Gore Administration. The economic recovery plan stands first and foremost as a testament to both good ideas and political courage. National service. The Brady Bill. Family Leave. NAFTA.



With great power comes great responsibility.
by CaptCT on Thu Mar 06, 2008 at 05:08:33 PM EST
[ Parent ]

Re: Slow down before you start making accusations. (none / 0)

Be very careful with believing PM Harper (Canada) he is a right wing nut who would love to see the Bush plan continue.  He doesn't want Clinton or Obama.   I've been watching the news in Canada and for some reason when they try and mention the Clinton camp there is no name.  Because it didn't happen. Mr Harper is facing an election this year also.


by bradydundee on Thu Mar 06, 2008 at 08:02:03 PM EST
[ Parent ]

You mean Clinton's (2.00 / 2)

Well, it turns out that the Clinton campaign was giving reassurances --

"Seems the NAFTAgate leak started with -- surprise, surprise -- the Chief of Staff to Canada's conservative PM Stephen Harper. Only the first hint wasn't about stuff the Canadians had heard from the Obama camp. It was about reassurances the Canadians got from the Clinton campaign. According to a reporter who heard the original conversation, Brodie said "someone from (Hillary) Clinton's campaign is telling the embassy to take it with a grain of salt. . . That someone called us and told us not to worry."
http://talkingpointsmemo.com/archives/18 1749.php
http://www.theglobeandmail.com/servlet/s tory/RTGAM.20080305.wharpleak0305/BNStor y/National/home


by mainelib on Thu Mar 06, 2008 at 07:51:11 AM EST

Be careful (2.00 / 6)

See my response to Nuava above to this.

Before you start making wild accusations you need more evidence. What hurt the Obama campaign was both the meeting, but worse was the cover-up. If something like thiis did happen and the evidence comes out, it will certainly hurt Clinton. But right now it is just a second had hearsay for an unnamed source. Get the facts on your side before you jump to conclusions and start making wild accusations.


by MediaFreeze on Thu Mar 06, 2008 at 11:18:31 AM EST
[ Parent ]

Re: Be careful (2.00 / 3)

Neuvo, sorry...

Hope you understand my point here. I am indeed a Hillary supporter, because I think she has the best chance to win in the fall. The reason I think she has the best chance to win is because she has the most experience in dealing with exactly these sort of media crises.

Last week we saw the Obama team stumble very badly in their response to NAFTAgate. Part of the screw-up was how they jumped to the conclusion that they could sit on the revellations, so they dug themselves a bigger hole. They seemded to be playing for each news cycle and not thinking about the fact that they kept digging a bigger hole with their denials.

TYhis could be another goof-up. If they start making a big stink about this, and no further evidence comes out, then it just smacks of desperation and it will keep the whole story in the public's eye. Again that would be an amateurish mistake.

If there is something there, then it is indeed a big issue for Obama, but you need to attack with facts, not second hand hearsay.


by MediaFreeze on Thu Mar 06, 2008 at 11:29:06 AM EST
[ Parent ]

Re: Be careful (2.00 / 4)

Exactly. Moreover, the Clinton campaign not only denied the claim, but gave the Canadian government Carte Blanche to name names and say who the supposed contact person was. Since we've heard nothing of the Canadian government since then, I'm assuming there was nothing to the claim.


Fortune strums a mournful tune for those whose campaigns peak too soon. --Bored of the Rings
by Inky on Thu Mar 06, 2008 at 11:31:10 AM EST
[ Parent ]

Re: Be careful (2.00 / 4)

"Moreover, the Clinton campaign not only denied the claim, but gave the Canadian government Carte Blanche to name names and say who the supposed contact person was."

This fact was very convincing to me also. When the response was so immediate and direct and basically asking to meet the supposed accuser, and nothing further is presented afterward it does seem clear that there is nothing to the accusation.


by 07rescue on Thu Mar 06, 2008 at 12:14:35 PM EST
[ Parent ]

Re: Be careful (2.00 / 1)

But per BO hillary is pro-NAFTA???  The issue here is BO looks like a politician (which of couse he is) but attacks HRC for being a politician.  It is called what happens to those in glass houses!!!  It is called being a hypocrite.  Either BO is a politician or he is some new kind of transforming figure that is above being a politician.  

david


by giusd on Thu Mar 06, 2008 at 12:09:37 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

Can hardly wait to hear from some Hillary fans about this. I wonder how long it will take.


by Becky G on Thu Mar 06, 2008 at 09:01:44 AM EST

Re: Update: Obama's Big Lie About NAFTA (2.00 / 4)

As you should know, the Clinton campaign immediately (after the first report aired on CTV) denied any contacts, direct or indirect, and gave the Canadian government "blanket immunity" to reveal who from their side supposedly contacted them.


by LovingIT on Thu Mar 06, 2008 at 09:36:24 AM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 6)

Also, notice the different response of the two campaigns. Clinton's denied the story immediately and gave the Canadians the power to name names. Obama's at first said the report was "inaccurate", then they denied the whole thing. But then the names started coming out: Goolsbee, the Consul Grioux, and the memo writer, DeMora. Now Goolsbee and Obama's campaign take issue with the memo. But the fact is that DeMora was present and was presumably taking notes or taping the conversation (at some point in the memo DeMora writes "unintelligible" in parenthesis about something Goolsbee was saying--was DeMora talking about his notes or the taped conversation?). Now, after DeMora wrote the 1300-word report, it had to be signed off by the consul, Grioux, who was also present at the meeting, before the report made its way to the Ambassador in Washington and then on to the Canadian gov. You Obama supporters want to imply that two seasoned diplomats got it wrong about the gist of Goolsbee talks with them, after all the denials from the Obama campaign about the affair?


by LovingIT on Thu Mar 06, 2008 at 09:47:42 AM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 1)

Challenging the memo as an inaccurate reflection is exactly the same thing the wingnuts did to question The Downing Street Memos.  

They just said that the characterization of the US as wanting to fix the intelligence was simply a misinterpretation of whatever was said.  

This seem to me to be the same thing.  


by dcg2 on Thu Mar 06, 2008 at 02:31:57 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

You say:
 There is no serious dispute about the facts.

Sorry but you really need to check out:  http://www.theglobeandmail.com/servlet/s tory/RTGAM.20080305.wharpleak0305/BNStor y/National/home

Here's the important part:

At the end of an extended conversation, Mr. Brodie was asked about remarks aimed by the Democratic candidates at Ohio's anti-NAFTA voters that carried serious economic implications for Canada.

Since 75 per cent of Canadian exports go to the U.S., Mr. Obama and Ms. Clinton's musings about reopening the North American free-trade pact had caused some concern.

Mr. Brodie downplayed those concerns.

"Quite a few people heard it," said one source in the room.

"He said someone from (Hillary) Clinton's campaign is telling the embassy to take it with a grain of salt. . . That someone called us and told us not to worry."

This just serves to remind us all that there are liars and then there are the Clintons -


by mwfolsom on Thu Mar 06, 2008 at 09:58:12 AM EST

Re: Update: Obama's Big Lie About NAFTA (2.00 / 3)

Again see my response above.

This is indeed a potentially damaging report, but right now it is just second hand here-say from an unnamed source.

Run it to ground. Ask Mr. Brodie if it is true.  

By jumping to conclusions without evidence you put yourself and the Obama campaign if it jumps on the bandwagon in the position of looking desperate if no real evidence emerges or the allegations are proven wrong.


by MediaFreeze on Thu Mar 06, 2008 at 11:22:31 AM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 3)

I hear the un named source is Drudge.  The BO supporters seem to hold his statements in pretty high regard!!!

david


by giusd on Thu Mar 06, 2008 at 12:20:39 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

Well since the Clintons have become such good friends with Karl Rove and Rush Limbaugh we figured we could should get on the right wing love fest with you.


Tony Romo for Secretary of Awesome
by kasjogren on Thu Mar 06, 2008 at 01:12:05 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 1)

You should really include the entire part...not just that part that makes your anti-
clinton hatred seem reasonable.

Since 75 per cent of Canadian exports go to the U.S., Mr. Obama and Ms. Clinton's musings about reopening the North American free-trade pact had caused some concern.

Mr. Brodie downplayed those concerns.

"Quite a few people heard it," said one source in the room.

"He said someone from (Hillary) Clinton's campaign is telling the embassy to take it with a grain of salt. . . That someone called us and told us not to worry."

Government officials did not deny the conversation took place.

They said that Mr. Brodie sought to allay concerns about the impact of Mr. Obama and Ms. Clinton's assertion that they would re-negotiate NAFTA if elected. But they did say that Mr. Brodie had NO RECOLLECTION of discussing any specific candidate -- either Ms. Clinton or Mr. Obama.

CTV News President Robert Hurst said he would not discuss his journalists' sources.


by americanincanada on Thu Mar 06, 2008 at 02:23:54 PM EST
[ Parent ]

Obama's Big Lie (2.00 / 2)

Thanks for the update. The Obama campaign is trying to wiggle out of NAFTA-gate. Isn't going to happen. Obama is in the media's net now and the more he wiggles the more he is tied up in his own lies.


by grlpatriot on Thu Mar 06, 2008 at 10:29:14 AM EST

Re: Obama's Big Lie (none / 0)

Please read my reply above - it wasn't the Obama Campaign that did it - it was the Clinton Campaign!!!


by mwfolsom on Thu Mar 06, 2008 at 10:49:06 AM EST
[ Parent ]

Re: Obama's Big Lie (2.00 / 2)

Where is the memo that proves this, or the name of the Clinton person who did it, or the name of the person they talked to?  We have all of this for the Obama snafu and have only rumors to go on with the Clinton campaign.  Doesn't take a genius to see who got caught with their pants down on this one and who is still metaphorically fully clothed and basically untouched by any related scandal.


by Mike Pridmore on Thu Mar 06, 2008 at 05:02:11 PM EST
[ Parent ]

Re: Obama's Big Lie (none / 0)

Pardon me, do you pay attention to the real news or just read Susahu ?


Hillary Clinton is not a monster,....as far as I know.. We are all Hussein JUNIOR.. ///.. FEINGOLD/BOXER 2016
by Its Like Herding Cats on Thu Mar 06, 2008 at 10:55:10 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

Oh, you people really shouldn't be poking this beehive. Lots of blue collar workers in PA aren't gonna like the way HRC is playing this.


by BlueinColorado on Thu Mar 06, 2008 at 11:33:58 AM EST

Re: Update: Obama's Big Lie About NAFTA (2.00 / 3)

I think they will appreciate that we help them see the truth instead of hearing more lies from Obama.


by JoeySky18 on Thu Mar 06, 2008 at 11:58:00 AM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 4)

With Obama, there's a memo, hard proof of his crap. Where's the memo proving these allegations against Clinton?


by zenful6219 on Thu Mar 06, 2008 at 12:02:55 PM EST

Re: Update: Obama's Big Lie About NAFTA (2.00 / 0)

I just wrote a memo saying you hate kittens. Now just what about kittens do you hate so much, zenful?


by amiches on Thu Mar 06, 2008 at 12:17:05 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

pro-Obama kittens of course.


by Mike Pridmore on Thu Mar 06, 2008 at 01:25:17 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 1)

And I'm sure you dismissed the Downing Street Memos for the same reason, right?


by dcg2 on Thu Mar 06, 2008 at 02:33:56 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

No, my point is that just because something is in memo form, doesn't mean it's true. I'll leave the Iraq war apologetics to Hillary supporters.


by amiches on Thu Mar 06, 2008 at 03:22:00 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 1)

I agree with you.  Just because someone puts in a memo that someone said something in a meeting, does not mean it's accurate.  

But I also don't think you should just pick and choose which ones you want to believe.  You should have a somewhat educated approach to this -- thus, my conclusion is that Downing Street is likely accurate (since we know the intelligence was fixed) and also Goolsbee probably did probably try to reassure them about NAFTA for 3 reasons:  

  1. Goolsbee is a noted free-trader.
  2. Obama has said we need more trade deals like NAFTA.
  3. While the Harper government in Ottawa would have reason to lie and leak it to the press, the person in the consulate writing the memo would almost certainly not have a reason to misinform in his memo.  It's not like the note-taker is likely to be part of a nefarious plot to get Obama.
 


by dcg2 on Thu Mar 06, 2008 at 03:57:33 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

A right wing Canadian official 'leaks' a memo written by right wing Canadian officials (not by anyone from Obama's campaign) that is potentially damaging to someone they would like to see lose the American election.

How is this any more credible then a previous statement to the press by another Canadian official claiming that they got the same assurances from Clinton. Because they wrote it down in a memo instead of just making a statement to the press?


by hankg on Thu Mar 06, 2008 at 03:57:45 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 1)

The note-taker at the Canadian consulate in Chicago, Illinois is a right-winger?

Is that an appointed position?  Do we know anything about that guy's background?


by dcg2 on Thu Mar 06, 2008 at 04:07:51 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

If they where lying about Clinton giving assurances earlier why are they credible on Obama? It's coming from the same right wing government. You are not going to get full disclosure about what they did to be able to speak with any authority as they just want it to go away now. The Canadian Liberals are demanding that the leaker be arrested immediately.


by hankg on Thu Mar 06, 2008 at 04:16:50 PM EST
[ Parent ]

Re: Obama's Screw Up (2.00 / 2)

From yesterday's Canada.com:

[Barack Obama's] remarks were reminiscent of the lyrics from an Oscar-nominated song sung by animated characters in the 1999 South Park film.

"It seems like everything's gone wrong, since Canada came along," the cartoon characters sang. "We must blame them and cause a fuss, before somebody thinks of blaming us."

The "Nafta-gate" episode laid bare some key weaknesses in Obama's campaign.

The Illinois senator and his staff badly misjudged the potential impact of early media reports which said - inaccurately, as it turned out - that an Obama aide spoke directly with Canadian Ambassador Michael Wilson.

When details emerged that Goolsbee actually met with the Chicago consulate, Obama's campaign continued to outright deny the story until the Canadian memo was leaked to the media.

"They got caught, at least, in a misstatement," said Herb Asher, a political scientist at Ohio State University. "The initial response was 'there is nothing to this," Then, of course, there was something to it. That does undermine credibility."

http://www.canada.com/montrealgazette/ne ws/story.html?id=6a0ad227-2175-4142-8c40 -a21c6e301223&k=46757


I'm United Methodist. I already have a Messiah.
by KnowVox on Thu Mar 06, 2008 at 12:03:44 PM EST

Policy (2.00 / 2)

While you all get into these misinformation and spin attempts to make this go away, millions of people have lost their jobs, have their wages repressed, their pensions lost and it looks even worse for young people and their future.

So, how about looking at actual policy positions and what actually needs to be done here?

The truth of it is Obama does not have any real plans to completely revamp trade agreements.

Neither of them have mentioned that their health plans and others violate WTO GATS agreements and they will have to challenge those agreements to enact their plans.

Right now on the who is better on trade score, Hillary is by far ahead, on the mortgage crisis too.

But she has to go further on this and very intelligently also.  While people talk about the forces out there who will kill any attempt to bring down costs on health or create a plan, that's peanuts on going up against the WTO, GATS agenda.  


NoSlaves.com | The Economic Populist
by Robert Oak on Thu Mar 06, 2008 at 12:07:47 PM EST

Re: Policy (none / 0)

She is not far ahead on the mortgage crisis because her plan is unconstitutional.  You can't freeze interest rates. Those were contracts signed by two parties and the government has no constitutional right to change them.


by mainelib on Thu Mar 06, 2008 at 12:25:50 PM EST
[ Parent ]

Nixon, Ford..... (2.00 / 2)

Of course she can freeze interest rates.  The government has frozen many things in the past.  There are precedent cases, multiple, which show the government does have the authority to do that and their are also government agencies upon which to restructure.

The real issue is the bankruptcy law, to enable bankruptcy judges to restructure the loans, which current they cannot.  


NoSlaves.com | The Economic Populist
by Robert Oak on Thu Mar 06, 2008 at 12:36:14 PM EST
[ Parent ]

Re: Nixon, Ford..... (none / 0)

Name one precedent where the government could intervene after a legal contract had been executed to change the terms of the contract.

Just one, please.


by mainelib on Thu Mar 06, 2008 at 07:09:15 PM EST
[ Parent ]

Re: Nixon, Ford..... (none / 0)

I'm not a lawyer, I just play one on TV....oh wait, I am a lawyer.

The President of the US could issue an executive order freezing interest rates, that is a fact.  It is also a fact that it would immediately be taken to court as there is a dubious claim that contracts between two consenting parties can be arbitrarily voided by Presidential fiat.

It is doubtful that the present make up of the Supreme court would uphold such an order and any interest rate freeze would be quickly over turned. Aand incidentally, every mortgage company I know would then tack on penalties and interest upon the interest that was not paid.  This would inevitably be an even worse disaster for most homeowners caught in a mortgage crisis.

A presidential order freezing interest rates would almost certainly fail in short order. only legislation passed by the congress could regulate interest rates and we've seen that Congress doesn't really care about usury laws anymore.


Hillary Clinton is not a monster,....as far as I know.. We are all Hussein JUNIOR.. ///.. FEINGOLD/BOXER 2016
by Its Like Herding Cats on Thu Mar 06, 2008 at 10:52:43 PM EST
[ Parent ]

Re: Policy (2.00 / 1)

I think it's naive to say one way or the other that this is unconstitutional right off the bat, without knowing any of the facts.  She taught Constitutional Law at the University of Arkansas, she's a lawyer, and she has a staff of people helping her craft her plan, many of whom I'm sure who are lawyers.

And since the Supreme Court rarely has 9-0 decisions, even after hearing arguments and studying the law, it's amazing that people in the blogosphere can quickly jump to definitively making decisions about something.


by cmugirl90 on Thu Mar 06, 2008 at 01:32:28 PM EST
[ Parent ]

Re: Policy (2.00 / 1)

How dare you bring rationality and judgment into this!!!  Remember what Michelle Obama, another lawyer, tells her husband: Don't think!! Just go with your feelings!!


by Mike Pridmore on Thu Mar 06, 2008 at 05:06:11 PM EST
[ Parent ]

Re: Policy (none / 0)

Yes, I'm sure they said that when they were at Harvard Law school.

Yes, I'm sure that's how Obama became the editor of Harvard Law Review.

Yes, I'm sure that's how Obama got to teach at one of the very top law schools in the country.


by mainelib on Thu Mar 06, 2008 at 07:11:10 PM EST
[ Parent ]

Re: Policy (none / 0)

What has that got to do with anything?  I'm talking about what they are saying now.  Where were you when Michelle butted into a presser and said almost those same exact words to Barack?


by Mike Pridmore on Thu Mar 06, 2008 at 07:30:36 PM EST
[ Parent ]

Re: Policy (none / 0)

Not only that, no plan she puts forward will be put into action until at LEAST a year from now.  The whole 'foreclosure relief' angle is bullcrap.  It won't be quick enough to save the vast majority of people who will have their rates reset before then.

Just pap for people to hoover up; not an actual plan.  And there are real questions as to the constitutionality of her plan as well...


by Cycloptichorn on Thu Mar 06, 2008 at 12:37:35 PM EST
[ Parent ]

this isn't quite true (2.00 / 1)

There is legislation in congress as well and by putting this on the national scene, that helps legislation now.

They should be talking about the bankruptcy reforms that are sorely needed being blocked by GOP happening in the Senate but considering Obama's health plan doesn't kick in until 2012, I'd say she's trying just a wee bit harder on these middle class issues.  


NoSlaves.com | The Economic Populist
by Robert Oak on Thu Mar 06, 2008 at 01:23:52 PM EST
[ Parent ]

Re: this isn't quite true (none / 0)

that's funny, Obama has said his health plan will be accomplished in the first term, whereas Clinton has not said that hers would be.  So I'm not sure where you get that statement from.

Bush will veto any plan that Congress puts forth now, not that it will pass anyways, that costs banks money by freezing rates.  Which is a terribly stupid plan anyways.  


by Cycloptichorn on Thu Mar 06, 2008 at 01:30:45 PM EST
[ Parent ]

website (2.00 / 1)

his website and his statements.  

story

Ya know, Google, search engines are your friend.

Instead of retorting to me or anyone who is fact and reality based, it would be really useful if you did a little reading, research and links.

Reality based, fact based discussion can be a good thing, you should try it.


NoSlaves.com | The Economic Populist
by Robert Oak on Thu Mar 06, 2008 at 01:50:47 PM EST
[ Parent ]

Re: Policy (2.00 / 1)

what.

Hillary's plan to "put a moratorium on trade" is not only a massively BAD idea, it's also LOGISTICALLY IMPOSSIBLE and DIPLOMATICALLY DAMAGING.

Hillary' plan to freeze interest rates?  INCREDIBLY NAIVE.  it reflects a basic lack of understanding on how markets work.

she wants to shove forward her-way-or-the-highway solutions once again, just like her failed healthcare attempt back in the 90s.

why are you all so eager to push for failure?


by fightinfilipino on Thu Mar 06, 2008 at 12:47:33 PM EST
[ Parent ]

Re: Policy (none / 0)

Haha, no kidding.

Freezing interest rates and putting a moratorium on trade?  Want to see this borderline economy go into deep recession real fast?  Enact the Hillary plan.


by WellstoneDem on Thu Mar 06, 2008 at 01:08:37 PM EST
[ Parent ]

that's so wrong (2.00 / 1)

I do not know where to begin.  

It might help you to become educated on what that means or at least aware that the trade deficit is about ~6.5% of US GDP and also that 70% of US GDP is now shopping instead of production.

There is no 'freeze' on actual trade, which is an astounding  naive statement that is talking about treaties and it takes a lot of analysis to do strategic trade.

That's what she is referring to.

Freezing interest rates on subprimes that jump to predatory levels, that's just not the same issue as freezing total interest rates.

May I suggest you learn a few things about trade, economics before reposting some special interest talking points with no understanding of actual policy, economics or their effects.


NoSlaves.com | The Economic Populist
by Robert Oak on Thu Mar 06, 2008 at 01:28:15 PM EST
[ Parent ]

Re: that's so wrong (none / 0)

Freezing the rates on the sub-prime mortgages, so that they don't 'reset,' isn't going to happen.  It would require an invalidation of millions of mortgage agreements, and the legality of doing this, and the ramifications, are questionable.


by Cycloptichorn on Thu Mar 06, 2008 at 01:32:09 PM EST
[ Parent ]

no actually (2.00 / 1)

it's been done many times in the past and many of these are predatory.  It's perfectly legal to step in.
It would be useful if you examined the law and what governments can actually do.  
NoSlaves.com | The Economic Populist
by Robert Oak on Thu Mar 06, 2008 at 01:47:47 PM EST
[ Parent ]

Re: no actually (2.00 / 1)

Really?  How do you know which ones were predatory and which ones weren't?

Can you link to some examples of this happening in the past?  Specifically, examples of interest rates being frozen on variable rate mortgages BEFORE they reset.


by Cycloptichorn on Thu Mar 06, 2008 at 01:50:37 PM EST
[ Parent ]

how? (2.00 / 1)

uh, if you don't understand how to tell that whatever you do, don't get a loan!  

Don't get a credit card until you figure that out!


NoSlaves.com | The Economic Populist
by Robert Oak on Thu Mar 06, 2008 at 01:51:36 PM EST
[ Parent ]

Re: how? (none / 0)

I have no idea why you are talking about me, when what we are discussing is action the gov't may or may not take.

Look, many of these ARM's were not 'predatory' in any fashion.  People knew what the stakes were and signed up anyways, b/c they were either greedy or stupid.  You can't just say that all ARMs are predatory, they most certainly were not.  Predatory loans are ones in which the terms of the loan are hidden or mis-represented to the client.

Out of all the people who signed up for ARMs, how do  you determine which ones are predatory and which ones were not?  That is my question to you, and it must be answered before we can freeze rates for anyone; people who knew what they were getting into don't DESERVE to have their rates frozen.  They deserve to lose their house or barely scrape by as a consequence of their extremely foolish investment choices.


by Cycloptichorn on Thu Mar 06, 2008 at 01:55:15 PM EST
[ Parent ]

uh huh (none / 0)

Americans are just greedy and stupid.

Look, I can't waste my time retorting to someone oblivious of the realities.  Go bother Elizabeth Warren on it...

sure thing, people just deserve to be homeless and wiped out financially, millions of them.    Thanks for that feedback John McCain.  


NoSlaves.com | The Economic Populist
by Robert Oak on Thu Mar 06, 2008 at 02:00:44 PM EST
[ Parent ]

Ridiculous mendacity from you (1.50 / 4)

Jeez, you don't even attempt to address the question at all.

Should everyone who makes a bad investment be protected from their losses?  Should the stock market guarantee that your stock doesn't drop?  

SOME Americans were greedy and/or stupid and signed up for the ARMs.  This is a fact.  SOME were tricked into it.

Question for you to answer: how do you tell the difference between the two?  One deserves relief, the other does not.

It is not a practical situation to pretend that all investors should be immunized from the losses which result from poor invesments.  Your position has nothing to do with reality whatsoever, and rather then defend it, you are instead retreating from the discussion.  Weak.


by Cycloptichorn on Thu Mar 06, 2008 at 02:05:07 PM EST
[ Parent ]

Re: Ridiculous mendacity from you (none / 0)

Uprated not because I agree with everything you've said in this thread, but because there was no excuse to hide-rate this comment.
I'm only here to look for engels. Screw the rest of this big blue craphole.
by sricki on Thu Mar 06, 2008 at 03:36:49 PM EST
[ Parent ]

Re: Ridiculous mendacity from you (none / 0)

I hardly agree with anything posted, but agree it shouldn't be hidden. +2


by Si Ella Puede on Thu Mar 06, 2008 at 07:14:55 PM EST
[ Parent ]

Re: Ridiculous mendacity from you (none / 0)

Ditto


Hillary Clinton is not a monster,....as far as I know.. We are all Hussein JUNIOR.. ///.. FEINGOLD/BOXER 2016
by Its Like Herding Cats on Thu Mar 06, 2008 at 10:42:14 PM EST
[ Parent ]

Re: uh huh (none / 0)

Get real. I think lending regulations need to be tightened but there's no way short of federal buyouts to solve the problem ex post facto.

Simple fact is that ARMs carried greater risk and people entered into these risks knowing that they were taking them. Don't get surprised when some people get burned.


by amiches on Thu Mar 06, 2008 at 03:31:48 PM EST
[ Parent ]

Re: uh huh (1.00 / 1)

The prevalence of libertarian talking points to support a "liberal" candidate is amazing.


by newhorizon on Thu Mar 06, 2008 at 07:59:39 PM EST
[ Parent ]

Re: uh huh (1.00 / 2)

Yes, because libertarians would certainly advocate tighter loan regulations. And I'm not sure how this discussion has anything to do with supporting a candidate - I'm stating my personal views. Take a hike.


by amiches on Thu Mar 06, 2008 at 08:06:49 PM EST
[ Parent ]

Re: uh huh (none / 0)

newhorizon.  This innocuous comment was troll rated unfairly, don't you think?


Hillary Clinton is not a monster,....as far as I know.. We are all Hussein JUNIOR.. ///.. FEINGOLD/BOXER 2016
by Its Like Herding Cats on Thu Mar 06, 2008 at 10:36:52 PM EST
[ Parent ]

Re: no actually (2.00 / 1)

Give me one example when a government rewrote the rules of a legally executed contract.

ONE.


by mainelib on Thu Mar 06, 2008 at 07:12:17 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

Since we are going off topic..I am a good loyal democrat but I don't think we should intervene 100% in the mortgage crisis.  If people bought homes they could not afford the logical consequence is that they lose them.  Now, if people who had been in their home for several years bought into some crazy refinance with ARM that is now screwing them.. I can see intervening there.  But people who went out and went crazy during the mortgage boom by buying too much house...well it's hard to feel too sorry for them.


by JustJennifer on Thu Mar 06, 2008 at 01:01:06 PM EST

Re: Update: Obama's Big Lie About NAFTA (none / 0)

i'm very conflicted about this as well.  i didn't buy a house when i had a chance a few years ago because it was fairly obvious that everything was overvalued.  but some people i knew just couldn't wait and even ridiculed me for "throwing my money away" by paying rent.  now they're getting bitten.  i don't wish anything bad for them, but tell me why again that i should help them build equity?  wasn't it obvious that $300,000 was too much to pay for a one-story, two bedroom house?  didn't an ARM seem like a bad idea?  wasn't $2000/mo too much to pay for a mortgage?
 
by the mollusk on Thu Mar 06, 2008 at 01:13:03 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

I am in the same boat.  I just bought a house now.  I got incredible value after waiting out the ridiculous prices and "throwing that money away" seems like a good idea now.

Though shoveling snow gets real old real fast.


Tony Romo for Secretary of Awesome
by kasjogren on Thu Mar 06, 2008 at 01:16:13 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

do you live in the Twin Cities?  I recently moved from there.  I lived in the Longfellow neighborhood and housing prices there were approaching ridiculous a few years ago.


by the mollusk on Thu Mar 06, 2008 at 01:22:11 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

Yeah I bought a place in Nordeast.  It ended up being about 40k under "market value".  One of those classic 100 year old nordeast 2 story jobs.  1600 sq feet with a 900sq ft basement for 165


Tony Romo for Secretary of Awesome
by kasjogren on Fri Mar 07, 2008 at 12:21:26 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

Though I signed the papers a week before the bridge collapsed so it ended up being WAY LESS convenient!  Hopefully it will be more so when they finish the replacement.


Tony Romo for Secretary of Awesome
by kasjogren on Fri Mar 07, 2008 at 12:22:49 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

I think their needs to be a "good faith" way of helping people out.  Helping out those that just got screwed by the system and some unsavory characters as opposed to the flippers that were just trying to make a quick buck.


Tony Romo for Secretary of Awesome
by kasjogren on Thu Mar 06, 2008 at 01:14:56 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (none / 0)

There's no way to distinguish the two and economics is not a morality play. "Good faith" is meaningless. I've made it clear that although I'm an Obama supporter I think he and Hillary are both demagoguing on the mortgage issue as well as NAFTA. There will be no large-scale intervention on either of these things and to be honest, there shouldn't be - we need to return to economic sustainability and intervention on trade or on mortgages would only serve to artificially inflate our economy to a greater degree.


by amiches on Thu Mar 06, 2008 at 03:34:57 PM EST
[ Parent ]

Tactically... (2.00 / 2)

I think Obama and his supporters should simply forget about this issue and move. Some things just aren't favorable for your guy, and the best thing to do is let it fade away, not keep it in the news by arguing it.

An example on the Clinton side is something like what BET founder Bob Johnson said. Rather than try to explain what he meant, or how he did it on his own, just shut up and let the news cycle move on. Keeping it in the news isn't helpful.


by OrangeFur on Thu Mar 06, 2008 at 02:08:57 PM EST

Re: Tactically... (2.00 / 3)

Exactly. It's just another example of amateurism. They should be trying to make this go away, not fanning the fires.

In fact, the entire response this week from the Obama camp has been devastating to their own interests. By saying that this just opens to door for them to "go negative" and "vet" Clinton like she has "vetted" them, it just shines a spotlight on the substantive problems that Obama has from Rezko and NAFTAgate. Since they don't have any similarly substantive attacks so far anyway, it all comes off as just sound and bluster and makes them look desperate. It's really not a good strategy. When you attack, you need to have the facts behind you to back it up.

Also, what he has accomplish is to thoroughly trash his most successful tactic, his hope and change campaign narrative. If people weren't starting to tire of it already, they now see the high rhetoric as little more than a ploy. That awakening perception is only reinforced by all this threatening "go negative, vetting" talk. At this point he's his own worst enemy.


by MediaFreeze on Thu Mar 06, 2008 at 02:54:23 PM EST
[ Parent ]

Re: Tactically... (none / 0)

Obama has to deflate the claim that Clinton has been vetted.  We all know it isn't true and it is in the best interest of the party that she be vetted now, you know, because the Republicans will certainly do it in the fall.

You wouldn't want a nominee who isn't well vetted, would you?

What's in the tax returns from all those years since Bill Clinton left office?  What don't they want us to know?


by mainelib on Thu Mar 06, 2008 at 07:14:10 PM EST
[ Parent ]

Re: Update: Obama's Big Lie About NAFTA (2.00 / 2)

http://facts.hillaryhub.com/archive/?id= 6382

Fact Check: Unlike Sen. Obama, Hillary Campaign Never Contacted Canadian Government About NAFTA

"Unlike the Obama campaign, we can and do flatly deny this report and urge the Canadian government to reveal the name of anyone they think they heard from. The Obama campaign has given a variety of misleading answers to the press and the public about its top economic adviser's contacts with the Canadian government and should come clean about why they did so." - Campaign spokesperson, Phil Singer

Last week, CTV reported that a senior member of Obama's campaign called the Canadian embassy, reassuring officials that Sen. Obama's talk on NAFTA was just campaign rhetoric. The initial report carried a strong denial of similar low-level meetings with the Clinton campaign:

"Low-level sources also suggested the Clinton campaign may have given a similar warning to Ottawa, but a Clinton spokesperson flatly denied the claim."

The Clinton campaign also offered blanket immunity to any Canadian official who could provide names of any initiators or recipients of such contacts.

In contrast, the Obama campaign refused to confirm or deny the initial report. But over the next two days, Sen. Obama and his campaign made a series of false denials about its communication with the Canadian government about NAFTA. A memo from the Canadian government established that the Obama campaign did have a meeting, making assurances contrary to what Sen. Obama has told voters.


by americanincanada on Thu Mar 06, 2008 at 02:54:10 PM EST

Re: Update: Obama's Big Lie About NAFTA (none / 0)

"The Clinton campaign also offered blanket immunity to any Canadian official who could provide names of any initiators or recipients of such contacts."

Wow, Hillary can grant immunity to Canadians from prosecution by their own government for interfering in the elections of a foreign government. When did they make her Queen?


by hankg on Thu Mar 06, 2008 at 04:20:00 PM EST
[ Parent ]

nonsense (2.00 / 2)

Despite your extremely long rant, when the Canadian Embassy says a memo, "May have misrepresented" Goolsbee, the memo ceases to be relevant. As you say, George Bush may be smarter than Einstein, and Austan Goolsbee may have said it was "just campaign rhetoric". When may becomes fact, we can revisit Obama. Until then, this is nothing than a partisan smear.


by mattw on Thu Mar 06, 2008 at 03:52:04 PM EST

Re: Update: Obama's Big Lie About NAFTA (none / 0)

Obama's friends are trying to convert this disaster into a story about the Clinton campaign, e.g. by referencing an article in the Globe and Mail about who leaked the memo, and whether the Clinton campaign made similar assurances to Ian Brodie.

The Globe and Mail story affirms my account of the memo:

Days later, the leak of the internal Canadian diplomatic note revealed that Mr. Obama's adviser, Austan Goolsbee, spoke to Mr. Rioux on Feb. 8.

In a summary of the meeting written by Canadian diplomat Joseph de Mora, Mr. Goolsbee was described as indicating that Mr. Obama's NAFTA stand "should be viewed as more about political positioning than a clear articulation of policy plans."

The Globe and Mail also says that the possibility similar assurances were made by the Clinton campaign is based on "a terse, almost throwaway remark that Mr. Brodie made to journalists from CTV, according to people familiar with the events."

Since the story about the consular meeting with Mr. Goolsbee in the New York Times included actual quotes from the memo, a formal diplomatic document, instead of impressions about "a terse, almost throwaway remark," I went with the story that had a solid source, instead of a "story" that didn't.


From those who have not, everything will be taken, even the little that they have. -Matthew 13:12
by Jacob Freeze on Thu Mar 06, 2008 at 04:53:00 PM EST

Re: Update: Obama's Big Lie About NAFTA (none / 0)

From NBC's Domenico Montanaro
Per the Toronto Globe and Mail, in a story that was the lead on the paper's front page today, that call to the Canadian embassy was actually from the Clinton campaign, not Obama's:

"Mr. [Ian] Brodie, [PM Harper's chief of staff], during the media lockup for the Feb. 26 budget, stopped to chat with several journalists, and was surrounded by a group from CTV. The conversation turned to the pledges to renegotiate the North American free-trade agreement made by the two Democratic contenders, Mr. Obama and New York Senator Hillary Clinton.

"Mr. Brodie, apparently seeking to play down the potential impact on Canada, told the reporters the threat was not serious, and that someone from Ms. Clinton's campaign had even contacted Canadian diplomats to tell them not to worry because the NAFTA threats were mostly political posturing. The Canadian Press cited an unnamed source last night as saying that several people overheard the remark.

"The news agency quoted that source as saying that Mr. Brodie said that someone from Ms. Clinton's campaign called and was `telling the embassy to take it with a grain of salt.'

"The story was followed by CTV's Washington bureau chief, Tom Clark, who reported that the Obama campaign, not the Clinton's, had reassured Canadian diplomats.

"Mr. Clark cited unnamed Canadian sources in his initial report. There was no explanation last night for why Mr. Brodie was said to have referred to the Clinton campaign but the news report was about the Obama campaign."

http://firstread.msnbc.msn.com/archive/2 008/03/06/738264.aspx


by mtn2frost on Thu Mar 06, 2008 at 06:46:57 PM EST

Re: Update: Obama's Big Lie About NAFTA (2.00 / 1)

During the Austin debate, Obama tried to play up the emotions on NAFTA by relying a story about a factory  in Ohio shutting down and moving to China.
http://www.nytimes.com/2008/02/21/us/pol itics/21text-demdebate.html?pagewanted=a ll

Obama: In Youngstown, Ohio, I've talked to workers who have seen their plant shipped overseas as a consequence of bad trade deals like NAFTA, literally seeing equipment unbolted from the floors of factories and shipped to China, resulting in devastating job losses and communities completely falling apart.

First, NAFTA is the North American Free Trade Associate and has nothing to do with China. Second, he made a factual error because the factory he was referring to did move to Mexico. Why did Obama mention China and not Mexico? Did he not understand what NAFTA was or was he trying to avoid mentioning Mexico as to not offend the Hispanics in Texas? Sounds like standard politician speak to me.


by gomer on Thu Mar 06, 2008 at 09:02:36 PM EST

Re: Update: Obama's Big Lie About NAFTA (none / 0)

http://www.cbc.ca/...
worth watching
by Orsurgeon on Thu Mar 06, 2008 at 09:46:48 PM EST

Re: Update: Obama's Big Lie About NAFTA (2.00 / 2)

Don't even dream of commenting on this if you haven't read the utterly credible memorandum of the meeting between Goolsbee and CHCGO.   Here's the link: http://www.nytimes.com/images/promos/pol itics/blog/20070303canmemo.pdf

We know the time, location and names of all participants. It strains credulity to suggest that the memo is a fraud, or doctored.  Who was responsible for such a fraud? The staff notetaker, risking his job and prosecution?  Someone who came after, changed it, then silenced the consul and notetaker and leaked it?

Read the three -- count 'em -- excerpts.  Do they have the ring of a "misinterpretation"?

Subject: REPORT ON US ELECTfONS - CHCGO Meeting with Obama Advisor Austan
Goolsbee

Introductory Summary:
"[Goolsbee] was frank in saying that the primary campaign has been necessarily domestically focused, particularly in the Midwest, and that much of the rhetoric that may be perceived to be protectionist is more reflective of political maneuvering than policy...."

Paragraph 4:
"Noting anxiety among many US domestic audiences about the US economic outlook, Goolsbee candidly acknowledged the protectionist sentiment that has emerged, particularly in the Midwest, during the primary campaign. Consistent with CHCGO/WSHDC's analysis, he cautioned that this messaging should not be taken out of context and should be viewed as more about political positioning than a clear articulation of policy plans."

Closing Comments:
"As Obama continues to court the economic populist vote, particularly in upcoming contests like Ohio, we  are likely to see a continuation of some of the messaging that hasn't played in Canada's favour, but this should continue to be viewed in the context in which it is delivered."


On to the Convention Floor!
by oh puhleeze on Fri Mar 07, 2008 at 01:33:44 AM EST


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