Archive for September 28th, 2008

AP Investigation: Palin got zoning aid, gifts

Though Sarah Palin depicts herself as a pit bull fighting good-old-boy politics, in her years as mayor she and her friends received special benefits more typical of small-town politics as usual, an Associated Press investigation shows. By BRETT J. BLACKLEDGE Associated Press Writer WASILLA, Alaska ? Though Sarah Palin depicts herself as a pit bull [...]

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Round 1 in debates goes to Obama, poll says

OXFORD, Mississippi (CNN) – A national poll of people who watched the first presidential debate suggests that Barack Obama came out on top, but there was overwhelming agreement that both Obama and John McCain would be able to handle the job of president if elected. Most debate watchers agreed both McCain and Obama would be [...]

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Rescue bill revealed

Congress details legislation to enact historic bailout of nation’s financial system. By Jeanne Sahadi, CNNMoney.com senior writer Last Updated: September 28, 2008: 3:30 PM ET NEW YORK (CNNMoney.com) — Congress on Sunday made public a proposed bill that would enact a far-reaching government rescue of the financial system. The core of the bill is based [...]

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Bush binges; Obama and McCain will pay

By JIM VANDEHEI & MIKE ALLEN | 9/28/08     The bailout, the wars, and unplanned domestic spending will all help to leave a gaping hole in America’s budget?a hole that the next president must fill. Photo: Composite image by Politico.com Barack Obama says a John McCain victory would amount to a third term of [...]

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Frank’s fingerprints are all over the financial fiasco

By Jeff Jacoby Globe Columnist / September 28, 2008 ‘THE PRIVATE SECTOR got us into this mess. The government has to get us out of it.”   That’s Barney Frank’s story, and he’s sticking to it. As the Massachusetts Democrat has explained it in recent days, the current financial crisis is the spawn of the [...]

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Lawmakers Reach Accord on Huge Financial Rescue

  Vote is Imminent on $700 Billion Bailout Plan By Lori Montgomery and Paul Kane Washington Post Staff Writers  Sunday, September 28, 2008; 2:56 AM Congressional leaders and the Bush administration this morning said they had struck an accord to insert the government deeply into the nation’s financial markets, agreeing to spend up to $700 [...]

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Five Dangerous, Disastrous Things About the Proposed Bailout and What You Can Do to Help Stop It

By AlterNet Staff, AlterNet. Posted September 23, 2008. You can help stop the economic hijacking before it’s too late. The Bush era has been a period of one outrage following the next, but the administration’s bailout of Wall Street’s wheeler-dealers is the most outrageous yet! Bush’s parting gift to the fat cats who twice filled [...]

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10 Things You Should Know About Bush’s Trillion Dollar Fleecing Plan

By AlterNet Staff, AlterNet. Posted September 23, 2008. Here’s a roundup of what opponents of the Bush-Paulson plan are saying. The Bush administration’s proposal to bail out some of Wall Street’s biggest players with an unprecedented transfer of public wealth to the private sector sent shock-waves throughout the nation. Already deep in deficit, the administration [...]

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Boomers’ Social Security still secure, experts say

Saul Friedman Gray Matters September 27, 2008 Newsday I can remember a dozen years ago, when the usual Chicken Littles clucked over a phony poll suggesting that boomers were more likely to believe there was life on other planets than that Social Security benefits would be there for them. Well, surprise! In the August issue [...]

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