In an interview this morning with NPR, Sen. John McCain (R-AZ) said that he has often turned to Gov. Sarah Palin (R-AK) for foreign policy advice: NPR: Given what you’ve said Senator, is there an occasion where you could imagine turning to Governor Palin for advice in a foreign policy crisis. MCCAIN: I’ve turned to [...]
Archive for October 1st, 2008
1 Oct
Letters to the Editor
http://seattlepi.nwsource.com/ BAILOUT Invest in workers, not irresponsible institutions Wow! I never thought I’d agree with Republicans on anything, but hooray for those who voted against the stupid bailout. My reasons for disagreeing with the bill are different from theirs, however. If members of Congress would use the few days they have off to read history [...]
1 Oct
The Global Economy Is Reeling – What Should Be Done?
By CNNMoney.com staff Last Updated: September 30, 2008: 9:13 PM ET NEW YORK (CNNMoney.com) — The Senate plans to vote on the $700 billion bank rescue plan Wednesday evening – two days after the House failed to pass it. The bill adds new provisions – including raising the FDIC insurance cap from $100,000 to [...]
1 Oct
Wall Street Bailout
2008 Presidential Candidate Ralph Nader discusses the proposed Wall Street Bailout and his solutions. This is in response to a question asked by a student at the University of West Virginia, in Morgantown, on September 24, 2008.
1 Oct
A Sarcastic and Combative McCain Greets Iowa Editors
washingtonpost.com By Michael D. Shear?KANSAS CITY, Mo. — Sen. John McCain has always loved the give-and-take of chatting with a bunch of reporters around a table. But he didn’t seem to enjoy Tuesday’s grilling by the Des Moines Register editorial board. The Register posted video clips from the hour-long session on their website yesterday. In [...]
1 Oct
Senate to Vote Today on the Bailout Plan
Justin Lane/European Pressphoto Agency The New York Stock Exchange on Tuesday. The market rebounded, reversing a sell-off that shook Wall Street on Monday. By CARL HULSE and ROBERT PEAR Published: October 1, 2008 WASHINGTON – Senate leaders scheduled a Wednesday vote on a $700 billion financial bailout package after accepting tax breaks and a higher [...]
1 Oct
Rescue bill redux
$700B asset buy remains core of Senate plan but bill adds host of popular provisions. By Jeanne Sahadi, CNNMoney.com senior writer Last Updated: October 1, 2008: 12:17 PM ET Government in denial More Videos Photos The crisis: A timeline A shocking series of events that forever changed the financial markets. NEW YORK (CNNMoney.com) — The [...]
1 Oct
Looking Ahead At The VP Debate
thinkprogress.org ELECTION ’08 This Thursday’s debate, moderated by PBS anchor Gwen Ifill at Washington University in St. Louis, will be the only vice-presidential match-up before the election. Gov. Sarah Palin (R-AK) will present a conservative record and ideology to the American public in support of her running mate, Sen. John McCain (check out the Wonk Room’s VP [...]
1 Oct
A Two-Pronged Push To Aid Ailing Banks
By Binyamin Appelbaum and Carrie Johnson Washington Post Staff Writers Wednesday, October 1, 2008; Page A01 Two federal agencies moved yesterday to ease the financial pressure on banks even as Congress continued to debate the wisdom of a broader intervention. The Federal Deposit Insurance Corporation said it would ask Congress to extend the government’s guarantee [...]
1 Oct
What about austerity?
JUAN ENRIQUEZ AND JORGE DOMINGUEZ By Juan Enriquez and Jorge Dominguez October 1, 2008 WITHIN THE billions of sentences about the financial bailout there is one word notably absent, austerity. All talk is of payments, supports, subsidies, incurring more debt, stimulus packages. The thesis seems to be: If only we spend more the party can [...]
1 Oct
The uphill battle to get a bailout
By Scot Lehigh Globe Columnist / October 1, 2008 YOU CAN’T beat politics for entertaining alibis and excuses. One of my all time favorites is 18th century British parliamentarian Charles James Fox’s explanation of why he couldn’t have been involved in a 1784 mob attack on the carriage of arch-rival William Pitt the younger: He [...]
1 Oct
Wasilla made rape victims pay
BOSTON GLOBE EDITORIAL October 1, 2008 ONE QUESTION that Sarah Palin should answer during tomorrow’s debate is why, during her tenure as mayor of Wasilla, the town started charging rape victims or their insurers for hospital emergency-room rape kits and examinations. The policy so outraged the Alaska Legislature that in 2000 it passed unanimously a [...]