Recent Event Highlights: Phil Gramm Says Financial Crisis Is (Mostly) Not His Fault, Phil Gramm defends capitalism, legacy, The Revenge of Phil Gramm?, Editorial: Texan of the Year finalist No. 7, Phil Gramm, Phil Gramm: We are not going to have a 1930’s Depression, Fmr Senator Phil Gramm: 10 Most Responible for the The Economy Collapse, and 141 more...
Created by dipity on Feb 13, 2009
Last updated: 02/13/09 at 08:07 AM
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...current financial crisis is not all Phil Gramm's fault. Who says? Well, Phil Gramm says. Big surprise. But in a lengthy defense of his record and analysis of the current mess Friday afternoon in Washington, Gramm did allow that it might be at least a teeny...
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Time Magazine
http://feedproxy.google.com/~r/time/topstories/~3/U4LzvNXFSUY/0,8599,1873833,00.html
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...Gramm, the former Texas senator, has been on a bit of a legacy-building tour lately. Recall that last summer, as a top adviser to GOP presidential nominee Sen. John McCain, he called Americans a "nation of whiners" whose anxieties had created a "mental recession."...
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The Dallas Morning News Sports Blogs
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http://trailblazersblog.dallasnews.com/archives/2009/01/phil-gramm-defends-capitalism.html
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...Institute. AEI sent out an email announcing an event next week: And guess who is going to address this question? Yep, Phil Gramm. I think I can safely say that a piece I wrote last year put into political play the notion that Gramm, who had been an adviser...
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David Corn
http://blogs.cqpolitics.com/davidcorn/2009/01/the-revenge-of-phil-gramm.html
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...up to $7 trillion (so far) to cover the catastrophic losses resulting partly from the policies cowboy capitalist Phil Gramm zealously pursued, we are learning otherwise. Screen names can only consist of letters and numbers. Your screen name will appear to...
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Dallas Morning News
http://www.dallasnews.com/sharedcontent/dws/dn/opinion/editorials/stories/DN-toy7_19edi.State.Edition1.1c57265.html
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... Former Sen. Phil Gramm, R-Texas, reassured a packed audience that the U.S. economy is going to be just fine. Always was, always will be, except for a bump in the road here and there. “It is clear we are going to have a negative fourth quarter and it is going...
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Naples Daily News
http://naplesnews.com/news/2008/nov/21/phil-gramm-we-are-not-going-have-1930s-depression/?partner=RSS
A Breakdown of the People Responsible for the Economy Collapse
Economic experts say that Gramm and others are to blame for the current crisis that is shaking Wall Street. Gramm's successful effort to pass banking reform laws in 1999, which reduced decades-old regulations separating banking, insurance and brokerage activities, helped to create the current economic crisis. "As a result, the culture of investment banks was conveyed to commercial banks and everyone got involved in the high-risk gambling mentality. That mentality was core to the problem that we're facing now," Stiglitz says. Lakshman Achuthan, managing director of the Economic Cycle Research Institute, also asserted that Gramm was mistaken, criticizing him and economic policymakers for not taking the risk of recession seriously enough. "There is a recession -- that is clear and it doesn't make sense to blame middle-class folks," says Achuthan. "Policy holders should be held fully accountable for letting Wall Street run amok."
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...it clear that if you are looking for someone to thank for this situation, you wouldn’t be wrong to send your regards to Phil Gramm. Gramm threw his weight behind the Commodity Futures Modernization Act of 2000, which, among other things, paved the way for...
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Columbia Journalism Review
http://www.cjr.org/the_audit/post_140.php
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...in subprime losses and was forced to raise $15.5 billion in new capital. They've got it right. Down here in Texas we call Phil Gramm the Maroon Buffoon. His sorry ideas were good for Wall Street but kills Main Street. Phil Gramm is Johns mate; his soul mate....
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The Politico
http://www.politico.com/news/stories/0908/13652.html
Keith Olbermann adds to the exposure of John McCain's hypocrisy. McCain is surrounded by lobbyist. His whole campaign is a disgrace.
David Gregory hosts a one on one with economist Paul Krugman who talks about the financial bailout proposed by the Bush Administration. Among many thoughts on the matter, Krugman lays this disaster at the feat of Alan Greenspan and McCain advisor Phil Gramm.
Tucker Bounds on Phil Gramm in McCain's administration
Watch as McCain campaign spokesman Tucker Bounds dodges and weaves, calls Obama a liar but can't back up his own assertions. This is what we can all expect from another 4 years of McBush: lawyered rhetoric coupled with slander. What a disgrace McCain and his team are.
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...touting the fundamentals of the U.S. economy as “strong” might have come from the mouth of his longtime economic guru Phil Gramm. As the former head of the Senate Banking Committee, Gramm was a champion of deregulation, leading the effort in 1999 to repeal...
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Muckety.com
http://news.muckety.com/2008/09/21/former-mccain-adviser-phil-gramm-tied-to-financial-turmoil/5132
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...that has completely failed.” McCain has taken economic advice from his longtime political friend, former Texas Sen. Phil Gramm, who left his role as co-chairman of McCain's campaign after he called Americans a “nation of whiners” in a “mental recession.”...
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The Politico
http://www.politico.com/news/stories/0908/13683.html
Tucker Bounds on the Phil Gramm economic bill
Steve McMahon shows McCain's connections to the current economic crisis on MSNBC
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...rider to the 11,000-page omnibus appropriations bill (and get this!) just as Congress was recessing for Christmas break. Phil Gramm most likely will be tapped to be Secretary of the Treasury if McCain wins the election. Yeah, “making things” was so 1950s....
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Crooks and Liars
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http://www.crooksandliars.com/2008/09/18/larry-kudlow-blames-congress-and-low-income-families-for-housing-crisis-guilty-liberal-consciences-forced-banks-to-make-bad-loans/
Obama + McCain's rhetoric on the implosion of Wall Street September 17, 2008 Part four of DemocracyNow segment on the explosion of investment banking / Wall Street financials. Nomi Prins MIchael Hudson Any Goodman Source original clip: DemocracyNow.org
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...stupid, they would vote for their own execution if the republicans told them it was good for them! Oh well, sigh! They had Phil Gramm up there talking about “a nation of whiners”. Why the hell didn’t they go the extra step and mention (even if only in a footnote)...
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Crooks and Liars
http://www.crooksandliars.com/2008/09/16/new-powerful-obama-ad-on-mccain-fundamentally-strong/
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...Senate Majority Leader Harry Reid, before laying responsibility for the current woes in part on McCain's economic adviser Phil Gramm. "I served with Phil Gramm here in the Senate," he said. "The same Phil Gramm who, as a Senator, was responsible for the deregulation...
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Huffington Post
http://www.huffingtonpost.com/2008/09/16/reid-dems-go-for-mccains_n_126872.html
Paul Krugman: Phil Gramm could cause next Great Depression http://rawstory.com/rawreplay/
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...non-elitist perspective. I actually thought it was pretty good…especially the Deception line. I’d plaster that motherfucker Phil Gramm’s face all over the TV with the words “JOHN MCCAIN’S ECONOMIC ADVISER” and tell the story of how Phil Gramm opened up this...
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Wonkette
http://wonkette.com/402765/barack-obama-bravely-fights-back-against-john-mccain-with-quotes
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...primaries, said Wednesday he rejected an appeal to endorse John McCain’s presidential bid. Paul said the request came from Phil Gramm, the former McCain adviser and ex-senator whom the campaign jettisoned after he said the country was a “nation of whiners”...
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Wonkette
http://wonkette.com/402673/ron-paul-embarrasses-phil-gramm-at-press-conference
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...find her attractive and interesting." Most polls are showing her with 60% never heard of. Got a link or a poll name? Phil Gramm --the epitomy of a big mouth with no brains and a loser to boot. Boy that McCain can sure pick them cant he ??? First " All windup...
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ABC News
http://feeds.feedburner.com/~r/AbcNews_PoliticalPunch/~3/381616565/phil-gramm-mcca.html
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...man -- but who is Gramm? Until he briefly sputtered into the headlines over his "whiners" gaffe, few had cared to look. Phil Gramm is an ornery old ex-Texas senator who seems to have swooped out of the most scathing H L Mencken sketch. He became McCain's "best...
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Huffington Post
http://www.huffingtonpost.com/johann-hari/would-you-really-buy-a-mo_b_119440.html
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...nation of whiners" stuck in a "mental recession" that overstated economic woes.McCain promptly rebuked him, saying "Phil Gramm doesn't speak for me.""I think Sen. Gramm would be in serious consideration for ambassador to Belarus, although I'm...
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KansasCity.com
http://www.kansascity.com/445/story/749757.html
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...the army." During the forum, Gramm sat directly in front of McCain. After his horribly off-message comments last month, Phil Gramm resigned from his official post as McCain's national co-chair. But that was only an honorary position and his resignation...
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The Politico
http://www.politico.com/blogs/jonathanmartin/0808/Not_a_bad_seat_for_an_NCO.html
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...Gramm, booted from the McCain campaign for calling struggling Americans a "nation of whiners" in a "mental recession," is back in the mix. Reportedly, Gramm was seated in the front row of a McCain speech at the Aspen Institute. Gramm told the press, "I am...
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Mother Jones
http://feeds.feedburner.com/~r/Motherjones/mojoblog/~3/365730090/9276_the_return_of_f.html
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...nation of whiners. You just hear this constant whining, complaining about a loss of competitiveness, America in decline," Phil Gramm told the Washington Times in an interview last month. "You've heard of mental depression; this is a mental recession." Originally...
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ABC News
http://feeds.feedburner.com/~r/AbcNews_PoliticalRadar/~3/365678538/phil-gramm-retu.html
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...COLO. (AP) - In exile from the McCain campaign since calling the U.S. "a nation of whiners," former Sen. Phil Gramm appears to be back in John McCain's good graces. McCain singled out Gramm, among others, at a dinner Thursday night honoring more than 200 people...
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Washington Times
http://www.washingtontimes.com/news/2008/aug/15/mccain-has-kind-words-in-spite-of-whiners-remar-1/
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...Michael D. Shear Turns out, the exile to Belarus was not permanent. Former Sen. Phil Gramm, the lawmaker-turned-lobbyist who was unceremoniously sent to the cooler by his friend, Sen. John McCain for saying that the recession was "mental," appeared in Aspen...
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The Washington Post
http://voices.washingtonpost.com/the-trail/2008/08/14/phil_gramm_returns_to_mccain_f.html
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...nation of whiners" stuck in a "mental recession" that overstated true economic woes. McCain promptly rebuked him, saying "Phil Gramm doesn't speak for me." "I think Sen. Gramm would be in serious consideration for ambassador to Belarus although I'm not sure...
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Boston Globe
http://www.boston.com/news/world/europe/articles/2008/08/14/former_economic_adviser_drops_in_on_mccain?rss_id=Boston.com+--+Latest+news
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...theatrical politics. And, incidentally, it creates campaign journalists who are fantastic at covering what an artless idiot Phil Gramm is when he talks about the economy, but less great at covering the actual economy. If Americans want to have it both ways...
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The Atlantic
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http://thecurrent.theatlantic.com/archives/2008/07/grammar-police.php
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...are barely getting by and today's minimum wage increase is a stop loss towards a real solution. John McCain should renounce Phil Gramm and publicly state he will not be involved in any way with his presidential campaign. Americans deserve better. We all...
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Burnt Orange Report
http://feeds.feedburner.com/~r/BurntOrangeReport/~3/344726323/showDiary.do
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...in "a mental recession." McCain quickly distanced himself from this unauthorized eruption by his econ brain, asserting that "Phil Gramm does not speak for me." This frantic bit of damage control, however, lacked punch for two reasons: first, McCain himself...
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Creators Syndicate
http://creators.com/opinion/jim-hightower/meet-mccain-s-economic-brain.html
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...this man! He speaks the truth. So you may not hear from him again till the campaign is over. Former Texas senator Phil Gramm ran for president in 1996. He raised $20 million, spent nearly all of it, and won zero delegates. Political observers had long...
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FrontPage Magazine
http://www.frontpagemag.com/Articles/Read.aspx?GUID=8C07BB98-B73A-4DBF-B274-B2C656544AFB
Keith reports on Steve Forbes saying that Phil Gramm would still be giving economic advice to the McCain campaign. Chris Kofinis weighs in.
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...NBC's Domenico Montanaro There is outrage on the liberal blogs with cries of hypocrisy over the unsure status of Phil Gramm -- and some disappointment on the right that Gramm would be out at all. Is he in or is he out? Bob Novak and CNBC's Larry Kudlow say...
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MSNBC
http://firstread.msnbc.msn.com/archive/2008/07/22/1214403.aspx
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...“Nation of whiners"? I don’t know how you flesh out with mathematical exactitude ex-Sen. Phil Gramm’s recent famous assertion concerning how we talk about the economy. I’ll say this: There’s a lot of whining go on, and if, as Phil avers, he was “talking about...
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The Picayune Item
http://www.picayuneitem.com/opinion/local_story_204093558.html
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...Oh, I think in terms of advice Phil Gramm will be critical, which is good because on things like trade he is absolutely right. I think John McCain has a long friendship with Phil Gramm, so this was something, Phil Gramm said something that you’re not supposed...
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Think Progress
http://thinkprogress.org/2008/07/22/forbes-on-gramm/
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... Larry Kudlow has some insight into Phil Gramm's resignation from the McCain campaign. Apparently, the Novak column which said McCain and Gramm had patched things up was accurate. However, it threw several McCain staffers and advisers into a tizzy, with...
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Town Hall
http://www.townhall.com/blog/g/35509a2f-f816-499e-b042-f8c5e44519d3
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...the Phil Gramm flap broke out about 10 days ago, with his Washington Times interview miscues about a nation of whiners and a mental recession, other McCain economic advisors were quick to lambaste the former Texas senator. Douglas Holtz-Eakin told the PBS...
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The Corner
http://corner.nationalreview.com/post/?q=NjI2ZmJhZGU3ZDdkZGE3ZGZjNGY5ZjA2YmJhZWU3MTU=
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...ostensible trigger for former Sen. Phil Gramm's sudden resignation on Friday as national co-chairman of Sen. John McCain's presidential campaign was a Robert Novak column released on Saturday, sources in the McCain campaign told The Washington Times. In the...
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Washington Times
http://www.washingtontimes.com/news/2008/jul/20/gramm-jumped-not-pushed-from-mccain-campaign/
Daily Voice editor Keith Boykin and GOP strategist Ron Christie discuss Jesse Jackson's comments about Obama and McCain's economic adviser Phil Gramm's comments about a "mental recession." The discussion took place on MSNBC.
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...tax relief to more than 100 million middle-class families. But that shouldn't come as a surprise since today we learned that Phil Gramm will continue to advise Senator McCain on economic policy despite calling Americans struggling in this economy 'whiners,'...
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Washington Times
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http://feeds.feedburner.com/~r/Front-TheWashingtonTimesAmericasNewspaper/~3/339728764/
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...he went seriously off message to say that the nation is in a “mental recession.” “The question for John McCain isn’t whether Phil Gramm will continue as chairman of his campaign, but whether he will continue to keep the economic plan that Gramm authored and...
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TalkLeft: The Politics of Crime
http://feeds.feedburner.com/~r/TalkleftThePoliticsOfCrime/~3/339545623/767
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...fraud. It's your typical Friday night dump. They hope nobody will pay attention. It has worked great for McBush so far. Phil Gramm has retired so he can spend more time under his rock. A sad day for the Obama campaign. Gramm would have driven tons of votes...
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Huffington Post
http://www.huffingtonpost.com/2008/07/18/phil-gramm-resigns-from-m_n_113717.html
http://cspanjunkie.org/ July 18, 2008 MSNBC Keith Olbermann
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...likely pushed out I imagine, and allowed to resign to save face. What damage Phil Gramm did to Senator McCain’s campaign, with Gramm’s archaic and out of touch epithets about American families who struggle so with sudden and huge inflation regarding food,...
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The Moderate Voice
http://feeds.feedburner.com/~r/themoderatevoice/~3/339478719/
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