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 [...]
Archive for September, 2008
28 Sep
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 [...]
28 Sep
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 [...]
28 Sep
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 [...]
28 Sep
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 [...]
28 Sep
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 [...]
28 Sep
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 [...]
28 Sep
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 [...]
27 Sep
Fact Check Update
Obama HQ 9/26/08 10:22 PM Amanda Scott Comments Here are some more fact checks on the Iraq war and Afghanistan… Fact Check on the Surge: McCain: ?Senator Obama said the surge could not work, said it would increase sectarian violence, said it was doomed to failure. Recently on a television program he said it exceeded [...]
27 Sep
Day After Debate Reviews: “Why Obama Won”
Obama HQ 9/27/08 2:15 PM Christopher Hass Comments This morning brought a new round of local and national reviews of last night’s debate: Iowa Sioux City Journal – “Why Obama won” Obama’s primary task was to show Americans he has the intelligence and mastery of issues that would trump his alleged inexperience. Tonight, he did [...]
27 Sep
Hillary Clinton: Let’s Keep People in Their Homes
by Kate Sokolov 9/25/2008 11:44:18 AM The following op-ed by Hillary Clinton appeared in the Wall Street Journal today: By Hillary Rodham Clinton There is a broad consensus that Congress must act to stave off deeper turmoil on Wall Street. Irrespective of the final agreement yet to be reached, there are several principles that must [...]
27 Sep
Did Liberals Cause the Sub-Prime Crisis?
Center for American Progress Conservatives blame the housing crisis on a 1977 law that helps-low income people get mortgages. It’s a useful story for them, but it isn’t true. ROBERT GORDON | April 7, 2008 | The idea started on the outer precincts of the right. Thomas DiLorenzo, an economist who calls Ron Paul [...]
