Minnesota Republican Rep. Michele Bachmann blames MSNBC "Hardball" host Chris Matthews for goading her into saying Barack Obama may have "anti-American views." But she admits she should have known better.
"I did not say that Barack Obama was anti-American, nor do I believe Barack Obama is anti-American. He loves his country, just as everyone in this room does," she told the crowd. "Nor did I call for an investigation of members of Congress for their pro-American or anti-American views. That is not what I said."
"This is a gross distortion of what I said," she later told the St. Cloud Times editorial board in an interview [video below], during which she apologized more fully but denied calling for a "McCarthy-type" investigation of various Congress members' views. "That is not what I believe and that isn't what I said and that isn't what I stand for."
Bachmann, who said she had never watched "Hardball" before her appearance and didn't realize what she was getting herself into, said, "the whole line of questioning was Chris Matthews on anti-American."
"My parents taught me when I was little, if you make a mistake, own up to it," she said. "I wish I had not used that phrase. ...I do not question his patriotism, what I do question are his ideas."
UPDATE: The Huffington Post this afternoon is reporting that two sources aware of ad buys in Minnesota say that the National Republican Congressional Committee is pulling its media purchases from Bachmann's race.
Liza Porteus Viana has been a political journalist for almost 10 years, both in Washington and New York. She loves politics - the smell of it, the sport of it...more
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WHAT DID SHE EXPECT WHEN GOING ON MSNBARACKC ??? I SUSPECT HER NUMBERS ARE GOING DOWN BASED ON THAT ALONE. IF SHE DIDN'T ANTICIPATE AN ASSULT...THEN HER ABILITIES COME INTO QUESTION.
Aaah, the old "that evil interviewer tricked me" defense. If "tricking" her into saying those things on video was that easy, how on earth was she smart enough to get elected in the first place? She should have just come out and said "I'm sorry, that's not really what I meant to say." Instead, she offers no apology, just takes responsibility for part of it. The only conclusion I can draw from that is that she really meant what she said, she just wishes that she wasn't caught on video saying it.
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JimZac1
12:48PM Oct 22nd 2008
Do any of you go along, get along Obama knuckleheads remember Miramar Kadafi? He renounced terrorism after Saddam Hussein was captured and tried. This week, in anticipation of the election of Barack Obama, Kadafi announced an alliance with Russia. Does that worry you? Keep spewing your pacifist (BUSH’S’s WAR IS UNFAIR!, REPUBLICANS ARE HATE MONGERS!) garbage. Obamas Middle Eastern friends are about to bring you CHANGE you did not anticipate, and do not want! Like sheep to the slaughter, pathetic!
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bc
1:18PM Oct 22nd 2008
obama's judgement is like one on drug - with biden's mouth the hosttile countries will know all our plans & plots. palin's children are working for the public - they should be paid - especially the down syndrone baby - he's there for all the babies like him and the elldest daughter is his baby sitter - pay them. compare to the other candidates she makes nothing last year, her house car net worth is nothing too. she's not corrupt.
1. bail out money should be directly to the people with cashchecks in direct ratio to tax they paid in the last five years or zero tax zero welfare for five years - zero tax will take care of zero welfare in spending & jobs. zero middle-man-governments/corporations - spending/waste/redistribution. no need to have so many gov/corp army maning the tax/redistribute inefficent unnecessarily created posts that gets in the way of a decent life. mr-harvard-mba-bush can put that in place today. see the economy boom like magic. global golden years. 2. we are not electing a debate/plan/promise/speech - that's all talks & by lawyers too. we are electing a president/person/character/experience/record - mccain 08. 3. only black man can freepass to harvard/wealth/whitehouse. freepass/affirmativeaction/blackracecard makes this housing/financial crisis - jail them - treason.
BLACKS ONLY VOTE FOR BLACKS SO LET'S VOTE DUNHAM/WHITE/MCCAIN 08 Blacks think only theyt know how to get angry. hehehe
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ADA
12:58PM Oct 22nd 2008
No, no one remembers "Miramar Kadafi."
It's Muammar, not "Miramar."
Perhaps reconsider posting online - it's a bit embarrassing. For you.
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Jim
1:07PM Oct 22nd 2008
This whole economic mess mostly stems from Bill Clintons repeal of the Glass-Steagall act.. Once he messed with this act a dimino effect took place and the innocent got caught up in it's twisted web..
Obama sued to force Citibank into having to write bad loans..
If the shoe fits democrats wear it..
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Steve Seivers
1:04PM Oct 22nd 2008
We watched the interview. For her to deny her words is just like Sarah Palin saying that she was exonerated by the commission that found her guilty of abuse of power. Black is white, up is down. Bachmann is dangerous.
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Dennis
1:05PM Oct 22nd 2008
she said it on more than one station, just a republican liar.
The Report the SEC Doesn’t Want You to See The Report the SEC Doesn’t Want You to See « Thread Started Today at 11:42am »
October 21, 2008 9:20AM The Report the SEC Doesn’t Want You to See By Elizabeth MacDonald
New details in a report on the collapse of Bear Stearns released by the Office of the Inspector General overseeing the Securities and Exchange Commission, shows how dangerously lax the SEC’s oversight of Wall Street really was.
It also gives damaging evidence that the SEC’s hands-off approach helped cause the credit bubble to dangerously inflate.
Specifically, the Inspector General’s report, which is based on internal SEC memos, shows that the SEC did little to stop a debt load that has decimated Wall Street and caused an historic market crisis that is remaking the entire U.S. financial system.
The Inspector General’s report, now on Sen. Charles Grassley’s Web site, provides fresh detail on the SEC’s laidback oversight of Wall Street. It comes as the government has enacted a massive $700 bn bailout plan.
More than three times that sum is being pumped into the markets by the Federal Reserve, as Wall Street’s disastrous foray into subprime derivatives has caused the profits earned during the bubble, as well its capital, to go up in a puff of smoke.
“The SEC Inspector General found that officials responsible for monitoring the safety and soundness of our nation’s largest investment banks ignored red flags and risky behavior,” Sen. Chuck Grassley said in a statement. “Those institutions are now gone or re-organized and our financial system is in crisis. As [SEC] Chairman Christopher Cox said himself, the program was an utter failure.”
The Republican Iowa senator has already asked a top government watchdog to find out why the Enforcement Division of the Securities and Exchange Commission declined to bring a case last year against Bear Stearns for improperly valuing mortgage-related investments (see June blog “Did the SEC Miss Warning Signs at Bear Stearns?”)
The SEC has said that it applied the appropriate international standards for holding-company capital adequacy in a conservative manner, but that, despite its best efforts, Bear could not withstand a run on the bank.
To avoid broad market panic and disarray, the Fed stepped in last March to orchestrate an eleventh hour merger between JPMorgan Chase (JPM: 40.01, -0.65, -1.59%) and Bear Stearns, with the Fed agreeing to take onto its books $29 bn in bad assets from Bear Stearns in order to get JPMorgan to agree to the deal.
The March 14 takeover of Wall Street’s smallest, yet one of its most recklessly run firms was a bellwether event in the credit meltdown.
What Exactly Happened at Bear Stearns
The Inspector General’s report lays out what exactly happened at Bear Stearns prior to its implosion.
At the time, Bear Stearns, which ran one of the country’s largest clearing operations, was the Street’s biggest player in the mortgage-backed bond market. By the time of its collapse, it had taken on too much water by keeping on its books hundreds of billions of dollars in mortgage bonds backed by subprime assets.
However, the report shows how the SEC did nothing to get Bear Stearns to pare back its business in this area and to boost its capital cushion, as Bear steadily leveraged itself up to a terrifying 33 to one ratio-meaning, for every $1 of assets, it was swamped with $33 in debt (the figures do not include off-balance sheet debt.)
The problems uncovered by the SEC’s Office of the Inspector General were reported by Bloomberg, which noted that the SEC initially issued a censored report. Grassley’s office has put up an uncensored version of the report on its website.
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eric
1:07PM Oct 22nd 2008
ADA, WHO ARE YOU? THE INTERNET CORRECTIONS PATROL? YOU SURE SHOWED JIMZAC...DO YOU FEEL SUPERIOR?
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jjmthomas
1:13PM Oct 22nd 2008
but he is a socialist /Marxist and that by definition is anti American
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Steve Seivers
1:16PM Oct 22nd 2008
Whoa, Jimzac, you are back with your name calling comments. Try this anticipatory comment on for size.
Morning Joe's show reported Al Queda intercepts calling for terrorist attacks against America prior to the election. The intercepts called for terrorists to do anything that they could to insure a John McCain election so that McCain would continue the policies of Bush and continue keeping America in the military and economic trap that they laid for him.
Childish name calling aside, how do you respond to these intercepts.
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Bas
1:16PM Oct 22nd 2008
Jim - there is plenty of blame to go around both parties. But what you left out of your comments is that the bill that repealed Glass-Steagall was sponsored by 2 Republicans: Gramm of Texas (one of McCain's financial advisors) and Leach of Iowa. The Republicans controlled Congress then, and Clinton had to sign it because it passed with a veto-proof vote.
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Francis Xavier Pope
1:19PM Oct 22nd 2008
If this election cycle has accomplished anything, it has been to expose, for all the world to see, the vile pus of hatred that festers in what passes for a heart in conservative Republicans.
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Jim
2:00PM Oct 22nd 2008
Obama's economic plan is nothing ,but a fanasty wish.Obama is playing with your head in hopes of getting your votes with the I won't tax 95 percent of you..Total BS on his part.. In the end we not only will be taxed we will be paying higher prices at the cash registers..
A REALITY CHECK ABOUT OBAMA WANTING TO RAISE CORPORATE TAXES..
Obama doesn't understand the US Economic system and how it actually works.. He doesn't have a clue about how the business world really works......
Barack Obama and Hillary Clinton took part in a debate several months ago hosted by Charlie Gibson. Gibson asked Obama about his plan to raise the capital gains tax. Then Gibson pointed out that studies have shown that lowering the capital gains tax increases government revenues and is good for the economy. Obama began stammering and stuttering and in one of the most revealing moments of the election, Obamas lack of understanding of the economy and taxes was made clear. Obama was unable to rely on a canned teleprompter response.
Corporations are primarily taxed three ways. Once on the corporate income, next on dividends and then on the sale of stock. If you are a retiree and own stock, you will have less money because the corporation will have less profit and if you sell the stock you will pay more tax on the sale.
The US corporate business tax system is an anachronism that discourages growth and undermines job creations..High tax rates drive jobs and investments abroad.
Government is extremely inefficient. $ 1,000 taken from a business will remove money that drives the economy, creates more jobs and ultimately brings more revenue for the government. That $ 1,000 will be wasted in government bureacracy and overhead.
Obama is using this old lie to appeal to his core support that is promised everything by politicians that use them to win elections.
Obama says 98 percent of all US small business make under 250k a year..
The following data comes from the IRS for the year 2003 and reveals the number of businesses with revenue over $ 250,000 in 2003. From IRS statistics in 2003:
Many of you work for a company that falls into one of those categories. Plus this doesn't include the mid size corporation that would be effected by Obama tax incease..We won't even get into that matter ...
Doesn't Obama realized that a company is considered a small business if it has one employee to five hundred employees..
Voters need to get an understand of the effects that raising taxes on business..Obama plans for a massive corporate business tax incease..In theory that sounds great doesn't it -- but in reality it's a living nightmare..
The US business tax rate stands at 40 percent in the us today.Obama plans to jump this number to 65 percent..
HERE'S WHAT THE RESULT OF THAT WILL DO TO AMERICA...
Business taxes affect business decisions, job creation and retention, plant location, competitiveness, the transparency of the tax system, and the long-term health of a countries economy. Most importantly, taxes diminish profits. If taxes take a larger portion of profits, that cost is passed along to either consumers (through higher prices), workers (through lower wages or fewer jobs), or shareholders through lower dividends or share value). Thus a country with lower tax costs will be more attractive to business investment, and more likely to experience economic growth.
According to the KPMG report, 23 countries have lowered their corporate tax rates this year, and no nation has raised its rate since last year. Last week , for instance, Sweden announced a series of proposals to improve its business climate , including a plan to cut its corporate tax rate from 28 percent to 26.3 percent. A September 17, 2008 Industry Week article, "Sweden Announces Income Tax Cuts to Boost Jobs," explains, "Since coming to power in the autumn of 2006, the Swedish government has launched a series of measures aimed at inciting Swedes to return to the job market instead of living off of state subsidies."
"The U.S. rate was higher than all other global regions in 1999 and the difference is even more dramatic today," . "If the Swedes now recognize that taxes matter to a country's business climate and incentives to work, then when will America's political class?"
In Tax Foundation Fiscal Fact No. 145, "KPMG Study Finds U.S. Corporate Tax Rate Higher Than Every Global Region," Tax Foundation President Scott Hodge explains that America's stagnant business tax system is potentially harmful to America's economic competitiveness in the global marketplace.
This KPMG survey comes on the heels of the Tax Foundation's CompeteUSA project, a campaign to raise public awareness of America's high business taxes and how our business tax system might be affecting our competitiveness, wages and living standards.
Recent OECD studies show U.S. corporate income taxes are 50 percent higher than the average among our counterparts in the industrialized world, and that corporate taxes are the single most harmful tax to GDP growth, more so than personal income taxes or consumption taxes.
Last month, the Tax Foundation released a revised summary showing that the U.S. federal corporate income tax quietly taps family pocketbooks for nearly $370 billion per year in the form of higher prices, lower wages and poorer return on investment.
If Obamas economic plan is the way to go..How come every European nation has done "JUST THE OPPOSITE OF WHAT OBAMA SUGGEST"??
Almost every European nation has lowered it's corporate tax rates..Obama has plans to raise the US corporate tax rate.. WHAT DO THE EUROPEAN NATIONS KNOW THAT OBAMA DOES NOT??
Obama is just another modern day snake oil salesman. If you let him steal this election, Obama and the out of control Democrat congress, will ruin this economy and this country.
WAKE UP PEOPLE.. Pass this information on around the web.. Lets get this information to the voters..
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Brian
1:26PM Oct 22nd 2008
Bye, bye Bachmann! Finally, we will not have to see that painted joker smile on the talking head shows! As for your defense stating that you never watched "Hardball", BULSH**! Maybe a US Congresswoman should be better prepared then you and that alone is enough to wish you good riddance.
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rcott
1:23PM Oct 22nd 2008
She did say she believes Obama is anti-American and added that other liberals should be investigated for anti=American beliefs. She was not trapped into saying it. When Matthews asked her to verify what she was saing (because it was so outrageous) she said "Absolutely." She had a chance to soften her views and she insisted on revealing her right wing fringe lunacy. Hope she has a good career counselor in her rolodex.
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jjmthomas
1:29PM Oct 22nd 2008
Childish name calling aside, how do you respond to these intercepts ##################################################### i want to start by saying that your an idiot oops cant help it what is your source, give me a link, i dont know who "joe blows", news is, mabe I lost that page you an idiot, oops hate it when that happens, is joe related to you?
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Ron
1:33PM Oct 22nd 2008
SPIN....SPIN....SPIN.....all you have to do is do the Karl Rove/Ann Coulter Dance.....Say it, then DENY it.....Let em know that you were set up. I saw the interview and the "set-up" was in relation to the Sarah Palin/John McCain assertion about the "Un-American", "Anti-American" ties that they have been so vociferously denying, yet propogating. She fell right in line with the others. Now she wants to do the "Distance Myself from THEM" Dance.....Too little, too late...Just another Ann Coulter Clone/Stepford Wife hating on the rest of America. Shame, Shame, Shame. I'm sure if your momma and daddy had taught you anything, you've lost those values LONG BEFORE NOW.....Come on November Obama/Biden '08