John McCain son’s bank fails


John McCain and the Iraq war, cartoon

Apart from the Iraq war, other news on the McCain family …

After other bank failures in the USA, today from Associated Press:

Silver State Bank in Nevada is shut

By MARCY GORDON

2008-09-06 01:45 PM

Regulators shut down Silver State Bank, saying the Nevada bank failed because of losses on soured loans, mainly in commercial real estate and land development. It was the 11th failure this year of a federally insured bank in the U.S.

Nevada regulators closed Silver State and the Federal Deposit Insurance Corp. was appointed receiver of the bank, based in Henderson, Nevada. It had $2 billion in assets and $1.7 billion in deposits as of June 30.

Andrew K. McCain, a son of Republican presidential nominee John McCain, sat on the boards of Silver State Bank and of its parent, Silver State Bancorp, starting in February but resigned in July citing “personal reasons,” corporate filings with the Securities and Exchange Commission show. Andrew McCain also was a member of the bank’s audit committee, responsible for oversight of the company’s accounting.

The younger McCain, who is the chief financial officer of Hensley & Co., the beer distributorship of which Cindy McCain is chairwoman, is the Arizona senator’s adopted son from his first marriage.

Andrew McCain’s position on the Silver State board and departure were first reported Friday by The Wall Street Journal online.

Silver State Bank ran into difficulty because of a substantial amount of “poor-quality loans primarily related to real estate development” in southern Nevada and other distressed markets, FDIC spokesman David Barr said Friday.

US government takes over mortgage giants to stave off financial meltdown; here.

4 thoughts on “John McCain son’s bank fails

  1. 1.
    TOONS: McPain / Ailin’
    Posted by: “lilgeorgiehas2go” lilgeorgiehas2go@yahoo.com lilgeorgiehas2go
    Mon Sep 8, 2008 4:31 pm (PDT)
    http://www.airfarceone.net/mcpain_ailing.html

    2.
    ‘Progressives for Obama’ Site Back online as DOT NET after being hac
    Posted by: “Carl Davidson” carld717@yahoo.com carld717
    Mon Sep 8, 2008 8:04 pm (PDT)
    Hello Everyone…

    Good news.

    Our ‘Mothership’ site, ‘Progressives for Obama’, is back online, but in a new incarnation:

    We’re now

    http://progressivesforobama.net.

    That’s DOT NET, not dot com, not dot org, not ‘blogspot’ dot anything

    If you didn’t know, our old site on Google’s Blogger…

    http://progressivesforobama.blogspot.com,

    …was hacked and shut down.

    We were the victims, along with thousands of others, of spam attacks on Google and flaws in their software to correct it.

    I furiously rebuilt the site from backups, as best as I could. I now have us on a private secure server using better software and web tools than Blogger. A word to the wise: if you’re running a Blogger site, back it up daily, and not just the template. Find a tool that will let you back up everything, including comments. While I saved much of the content, I’ve lost the comments unless Google puts the old site back up.

    This problem is not over, and sites are still being shut down.

    What happened?

    To put is as simply as I can:

    All web sites have the ability to send email, as well as receive comments. Nasty people sending a zillion emails, say, on how to grow your penis or offering you $10 million if you just give them your bank account password, will attach code to thousands of random web sites, so their zillion spams appear to have been sent from you, and thus untraceable back to them.

    Since Google’s Blogger owns many of these pass-through ‘spam’ sites, they get tons of complaints. Since there were too many to be dealt with by human persons, Google sets up automatic software to flag, then freeze, the sites doing this.

    But Google’s software, not untypically, also has a flaw, and registers ‘false positives,’ which they admit. They are furiously trying to fix it, too, and give a 20 day grace period warnings to flagged site–click here and do this, or we’ll shut you down. (I did all this and more, several times, I even found a human person to send an email to in Google. But last weekend, my 20 days were up, and they shut us down anyway, along with thousands of others, but offering still another way to appeal, which I did.

    But all you can do is wait. I checked and many are still waiting after weeks.

    Not one to be in a passive waiting mode, I laid out $200 for a private server for a year, and put up the new the domain name, mentioned above, progressivesforobama.net. I bought this name a while back just in case something like this happened, and registered it to me.

    Still, I need Google to releash our old name, so I can forward it to our new name.

    Initially, it was made to look like the Obama campaign was instigating these attacks, but they swear they had no hand in it. Whoever did a lot of the nasty coding wanted to make it look like both Obama and Google were in cahoots behind this, but I think both Google and the Obama campaign are right, it’s not them. Either it’s just nasty people with no politics, save greed and mayhem, who are behind it, or it’s Karl Rove’s boys doing a little ‘infowar.’ Or something else. We may never find out.

    Meanwhile, we made more use our yahoo listserv and our facebook ’cause’ and ‘group’, and our goodreads persona, to keep getting our messages out in the interim. In fact, these are even livelier than our ‘mothership’ site, even if they don’t look as pretty.

    HERE’S WHERE YOU CAN ALL HELP IN A BIG WAY

    On your listservs, yahoo groups, google groups, facebook friends, even just your email addressbook, send a simple message telling everyone that

    http://progressivesforobama.blogspot.com

    IS NOW

    http://progressivesforobama.net

    You can even make our new link part of your ‘Signature’ on your email reader, so it goes out automatically with each email your send.

    Save it as a ‘favorite’ on your browser.

    Use it, because the more it gets used, the sooner the new link will show up in Google searches.

    ALL THE ABOVE IS VERY IMPORTANT. DON’T DELAY!

    Finally, since I’m already broke from Denver, a little help on Paypal button on the new site will give me a little relief, and enable me to spend a little making the new site even better and more secure.

    Thanks for bearing with us. Some features of the old site, like the blogroll and a few others, will be up within a week.

    Carl Davidson
    ‘Progressives for Obama’ now at http://progressivesforobama.net

    Keep On Keepin’ On
    Stop McCain, Stop the War, Vote Obama 2008!

    Like

  2. The Real McCain 2 reached an astonishing 4 million views last week, just as the McCain campaign was trotting out lie after lie at the Republican National Convention. Coincidence? We don’t think so. To us, this unprecedented number suggests that the public is desperately seeking the truth about John McCain — a truth the corporate press still isn’t providing.

    We’re hearing reports of a lot of hand-wringing from people who are scared and don’t know what to do. So we came up with a way to put that nervous energy to good use! Join the McCain Truth Squad and a couple of times a week we will send you McCain videos for you to forward on with a personal note to your friends, colleagues and family members.

    Join the McCain Truth Squad: http://therealmccain.com/squad?utm_source=rgemail

    To get you started, below are five videos that present the Real McCain: an elitist out of touch with hard-working Americans; a double talker who supports a costly war in Iraq but won’t support our veterans. Forward this email on. This is the McCain everyone should know.

    1. The Real McCain 2: Watch as McCain’s YouTube problem became his nightmare in the video that received over 4 million views.

    2. Less Jobs. More Wars: What is this ‘Iraq war’ charge on my bill?

    3. John McCain vs. John McCain: Tell McCain to get off the Double Talk Express.

    4. McCain’s Spiritual Guide: The video that caused McCain to renounce Rev. Rod Parsley’s bigoted endorsement.

    5. Why Won’t McCain Sign the GI Bill? Presenting the most blatant hypocrisy of the McCain campaign.

    Imagine how differently people would regard McCain if they saw all five of these videos and learned the truth. That’s why we want you to forward this e-mail to everyone and anyone with a personal note at the top from you. Why send these videos individually when you can send them all at once? Also, get them on all the blogs and traditional news sites you can. Make sure you’re doing everything you can to educate the public about the Real McCain.

    Yours,
    Robert Greenwald
    and the Brave New team

    Like

  3. Posted by: “Zoltan Abraham” zsazle@yahoo.com zsazle
    Wed Sep 10, 2008 3:54 am (PDT)
    McCain’s Fight Against Veterans

    In his acceptance speech at the 2008 Republican National Convention, John McCain said that he is a fighter. This is true. He has fought hard against funding for veterans. Here are the facts.

    McCain Refused to Support Sen. Jim Webb’s and Chuck Hagel’s new GI Bill–and then tried to take credit for it.

    The bill, officially called the “Post-9/11 Veterans Educational Assistance Act of 2007”, would establish a program of educational assistance for members of the Armed Forces who serve in the Armed Forces after September 11, 2001.

    Sen. Jim Webb has called on McCain to sign on as a co-sponsor to his GI bill

    The bill has 51 co-sponsors – including 9 Republicans – but needs 60 co-sponsors to make it filibuster proof.

    McCain Voted Against $19 Billion for Military Hospitals, Choosing Tax Cuts for Wealthiest Earners over Veterans.

    In February 2006, McCain voted against an amendment that would have provided for at least $19 billion for military health facilities, paid for by eliminating tax cuts for the wealthiest earners.
    *Senate Amendment 2735, Amendment failed.

    McCain Voted Against Legislation to Provide $2.8 Billion For Medical Care for Veterans.

    McCain voted against a 2006 Democratic amendment that would have provided $2.8 billion to increase veterans’ medical care.
    *Senate Amendment 149, Amendment failed.

    McCain Voted Against Establishing $1 Billion Trust Fund to Provide Improvements to Military and Veterans’ Health Facilities

    McCain voted against an Amendment to establish a $1 billion trust fund to provide improvements to health facilities that treat veterans and military personnel paid for by allowing dividends and capital gains tax breaks, for those with incomes greater than $1 million to lapse on December 31, 2006.
    *Senate Amendment 2735

    McCain Chooses Corporations Over Veterans, Voting Against Adding $1.5 billion to Veterans’ Medical Services in 2007 Budget by Closing Corporate Tax Loopholes.

    McCain voted against an Amendment offered by Democrats to increase medical services funding to veterans by $1.5 billion in 2007, to be paid for by closing corporate tax loopholes.
    *Senate Amendment 3007

    McCain Voted Against Mandatory Funding of $6.9 Billion in 2007 Budget and $104 Billion Over Five Years for Veterans’ Health Care.

    McCain voted against a Democratic amendment to provide a mandatory stream of funding of $6.9 billion in Fiscal Year 2007 and $104 billion over five years for veterans’ health care; paid for by restoring the pre-2001 top tax rate for incomes over $1 million and closing various corporate tax loopholes.
    Senate Amendment 3141

    September 2007: McCain voted against the Webb amendment calling for adequate troop rest between deployments.

    The legislation would have provided minimum periods between deployment of units and members of the Armed Forces deployed for Operation Iraqi Freedom and Operation Enduring Freedom.
    *Senate Amendment 2909

    April 2006: McCain one of only 13 Senators to vote against $430 million for Medical Services for the Department of Veteran Affairs for outpatient care and treatment for veterans.

    Despite his vote against, it passed overwhelmingly, 84-13 (3 not voting). All 13 voting against were Republicans.
    *Senate Amendment 3642

    October 2003: McCain voted against an amendment offered by Senator Dodd that called for an additional $322 million for safety equipment for troops in Iraq.
    *Senate Amendment 1817

    April 2003: McCain voted against an amendment that would have provided more than $1 billion for National Guard and Reserve equipment in Iraq related to a shortage of helmets, tents, bullet-proof inserts, and tactical vests.
    *Senate Amendment 452

    August 2001: McCain voted against increasing the amount available for medical care for veterans by $650 million.
    *Senate Amendment 1218

    Please circulate this email far and wide. Let’s make sure everyone knows the truth about John McCain.

    Like

  4. 1.
    McCain campaign admits mailing 1 Million bad ballot applications to
    Posted by: “Zoltan Abraham” zsazle@yahoo.com zsazle
    Thu Sep 11, 2008 10:33 pm (PDT)

    Please read the article linked below, from Daily Kos. The McCain camp, by its own admission, has mailed out one million bad ballot applications in Ohio. Other states have been affected too.

    Ohio in particular is one of the key states in this election (along with Michican, Pensylvania, Florida, Colorado, Nevada, and New Mexico). Interfering with people’s ability to vote is exactly the kind of caging tactic that cost us the last two presidential elections.

    McCain campaign admits mailing 1 Million bad ballot applications to voters in Ohio
    http://www.dailykos.com/story/2008/9/11/215330/858/425/595547

    2.
    Update on Ohio Ballot Problems
    Posted by: “Zoltan Abraham” zsazle@yahoo.com zsazle
    Thu Sep 11, 2008 10:34 pm (PDT)

    One correction: The one million incorrect forms mailed out were absentee ballot applications, not actual absentee ballots. There is some disagreement as to whether the incorrect applications in Ohio were mailed out to Republicans only by the McCain campaign (in which case it will backfire on them), or to the general population, or even mostly to registered Democrats. The story is still unfolding.

    In any case, confusing, inaccurate ballot applications are being mailed out in swing states. Many of these applications have outdated or incorrect return addresses, or a PO Box for the return address.

    Read more at this link;
    http://thepoliticalcarnival.blogspot.com/2008/09/misleading-absentee-ballot-forms-being.html

    Apparently, David Plouffe, Obama’s campaign manager has crossed swords before with the people orchestrating the current vote caging efforts:

    The 2008 Campaign History You Didn’t Know
    Note: The language gets a little rough in the article linked below.
    http://www.mydd.com/story/2008/7/12/233357/270

    Like

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