Archive for October 1st, 2008

Palin on Which Newspapers She Reads: ‘Um, All of Them’

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 [...]

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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 [...]

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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 [...]

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