Archive for September, 2008

Bailout Nation — Hell No, Mr. Paulson

Filed in National by on September 22, 2008 22 Comments

As Jason notes below (and in my comment) the scope of this bailout just gets bigger. Now we apparently are going to be on the hook for foreign banks (whose expose to this toxic stuff is worse than many of our own banks) and for the credit card debt your cousin Stewart racked up on […]

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McCain Campaign Lobbying For Foreign Bank – UBS

Filed in National by on September 21, 2008 5 Comments
McCain Campaign Lobbying For Foreign Bank – UBS

If we had a real press in this country, McCain would be losing by 30 points. Get a load of this shit from Josh Marshall at TPM… John McCain’s top economics advisor, who is widely believed to be his choice for Treasury Secretary, should he win in November, is former Sen. Phil Gramm. As late […]

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Anti-Kowalko Push Polling Resumes

Filed in Delaware by on September 21, 2008 8 Comments

I just got this letter from John Kowalko: One of the things I take most seriously in life is my responsibility and sworn obligation to serve the best interests of the people of Delaware and my constituents in the 25th District. I am therefore recounting some recent events to expose what I honestly believe is […]

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Bad Medicine

Filed in National by on September 21, 2008 11 Comments

Our economy is sick.  George Bush and his team of economic advisors has been working all weekend trying to figure out what is wrong with the patient.  Let’s set aside the fact that George Bush and his team of military and intelligence advisors got virtually everything wrong in Iraq.  Let’s just look at this issue […]

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Ron Williams Phones It In

Filed in Delaware by on September 21, 2008 7 Comments

This could be a continuing series, I’m thinking. Today, Williams tells us what we already know, that Joe Biden is well within his rights to run for both his VP and Senate seats. Well, yes. And? He goes on not to take a position on whether this is a healthy electoral situation (it sure is […]

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QOD

Filed in National by on September 21, 2008 10 Comments

Many of you are aware that there is no longer a 5 and 15 yard penalty for facemasks in the NFL. There are only 15 yard penalties now. Won’t this result in more violent facemasks now?

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Elite? you decide

Filed in National by on September 21, 2008 31 Comments

NEWSWEEK looked into the candidates’ cars. And based on public vehicle-registration records, here’s the score. John and Cindy McCain: 13. Barack and Michelle Obama: one.

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The upside of sexism

Filed in National by on September 21, 2008 20 Comments

Joe Biden will have to debate Sarah Palin with one arm tied behind his back because… well, she’s a girl. The New York Times has the story. At the insistence of the McCain campaign, the Oct. 2 debate between the Republican nominee for vice president, Gov. Sarah Palin, and her Democratic rival, Senator Joseph R. […]

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Tales of the Economic Fallout

Filed in National by on September 21, 2008 3 Comments

Earlier in the week, Duffy asked to be pointed to some writing that might be in favor of or justify the current bailouts. I haven’t read anything other than fairly glib variations on the “too big to fail” theme, but here is some reading (and listening) of how we got here and some thinking that […]

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quote of the week

Filed in National by on September 21, 2008 6 Comments

“Today is not as good a time to be in banking as five years ago,” – MBNA founder Charles Cawley

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Bailout Nation — The Power Grab

Filed in National by on September 20, 2008 31 Comments

Unstable Isotope pointed us to this draft of the bailout legislation earlier today. Look closely (highlighting mine): (b) Necessary Actions.–The Secretary is authorized to take such actions as the Secretary deems necessary to carry out the authorities in this Act, including, without limitation: (1) appointing such employees as may be required to carry out the […]

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Castle on the Bailout

Filed in Delaware, National by on September 20, 2008 17 Comments

Last night I was able to take part in one of the things that make Delaware a wonderful place to live.  I got to spend a few minutes having a one-on-one conversation with Michael Castle (He of the House Financial Services Committee) on the subject of a huge corporate bailout with a 1 liter beer […]

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Obama Hitting His Stride.

Filed in National by on September 20, 2008 4 Comments

[youtube]http://www.youtube.com/watch?v=HDTlrd5lXw0[/youtube]

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