Posted by Faiz Shakir, Think Progress at 2:32 AM on October 1, 2008. That must take up a lot of her day. Last night on the CBS Evening News, host Katie Couric asked Sarah Palin which sources she relies on for her news consumption. Three separate times, Couric tried to elicit a response from Palin [...]
Archive for October 1st, 2008
1 Oct
Here’s a Better Bailout Plan
By Joseph Stiglitz, TheNation.com. Posted October 1, 2008. There are four fundamental problems with our financial system. The Paulson plan addresses only one. The champagne bottle corks were popping as Treasury Secretary Henry Paulson announced his trillion-dollar bailout for the banks, buying up their toxic mortgages. To a skeptic, Paulson’s proposal looks like another of [...]
1 Oct
12 Eye-Opening Thoughts About the Bailout’s Defeat
By Joshua Holland, AlterNet. Posted October 1, 2008. Experts discuss the politics of the bailout’s defeat in the House, the fundamentals of the plan and where we might go from here. We’re watching economic history in the making. There is no consensus on what Congress is going to do next or what’s going to happen [...]