Ten things that could happen if we do nothing about the economic crisis

Time has an interesting article on why people don’t support the bailout. Apart from being viewed as a bailout to rich people and corporations who don’t deserve it (which is true), it’s also that people do not specifically understand the risks associated with failure to act. It’s like climate change–the risks are too amorphous, fuzzy, [...]

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Congress Fiddles While America Burns

With the emergency economic bailout plan going down in flames in Congress, and with financial institutions continuing to fail at an alarming rate (Wachovia being sold for $1 a share to Citigroup today)–I genuinely fear for the future of our nation. That’s not because I thought the plan was particularly good–I agree with Boehner that [...]

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Ka-boom

I think it’s fair to say that McCain’s campaign is imploding. 1) Nero fiddling while Rome burns (or is it Daniel vs. the lions?): Hoping to look like a hero and in control of the dire financial crisis, he swooped into Washington to inject presidential politics into a very delicate compromise happening between Bush, Democrats, [...]

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Dems share some blame in economic meltdown

While I generally agree that it is the anti-regulatory environment pushed by Republicans for the last decade that is primarily responsible for the current crisis, there is one area where that is not the case: Freddie Mac and Fannie Mae. Democrats, led by Barney Frank and Chuck Schumer, have consistently shielded these entities from further [...]

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Hypocrisy Already Emerging In Bailout Plan

I’m seething. Democrats are proposing common sense additions to the mega-bailout being asked for under threat of Armageddon according to Paulson. They’re asking that executive compensation be limited (I believe to $400,000 if I remember correctly) for banks participating in the bailout, and that taxpayers be given the opportunity to purchase ownership shares in companies [...]

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Say No To This Bailout

The more I read and think about the proposed government bailout for Wall Street, the more outraged I get. As are many others across the entire political spectrum, I’m coming to view this bailout as nothing less than the mass raping of the American taxpayer–with no accountability, no help for people in foreclosure who really [...]

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One Trillion Dollars

One Trillion Dollars. That’s how much the government’s plan to fix the financial crisis is going to cost. One Trillion Dollars. An unimaginably large sum of money very roughly equivalent to the real cost of the Iraq war. One that is not news, as I said recently. I’m glad the government is being up front [...]

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Quote of the Day

In an interview with the Omaha World-Herald, Nebraska Republican Senator Chuck Hagel on Sarah Palin: “‘She doesn’t have any foreign policy credentials. You get a passport for the first time in your life last year? I mean, I don’t know what you can say. You can’t say anything.” … “‘I think they ought to be [...]

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McCain ripped for lying by Fox News

When a network known for being sympathetic to your campaign calls you out for lying, it’s time to change your tactics.

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Wall Street Meltdown Reveals Conservative Hypocrisy

Wall Street is having a full-on meltdown, the kind you see once in a hundred years. Merrill Lynch has been sold, Lehman Brothers has filed for one of the biggest bankruptcies in history. AIG is next, and other banks from Wachovia on down are having very serious problems. The Feds had to step in and [...]

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Called Out

Harsh video showing reporters and news outlets calling out McCain’s lies again and again and again.

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A Narrative Emerges about McCain’s Lies

The media is finally starting to do its homework, and a narrative about McCain’s campaign is beginning to emerge: that they’re liars, willing to lose their integrity to win the election. Obama better pound this point home–because if McCain is going to spread lies, he deserves to have them thrown back at him. A blizzard [...]

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The hypocrisy of “activist judges”

In just a couple of sentences, Whoopi Goldberg reduces McCain to a blubbering mess over his claim he will appoint judges that aren’t activists and won’t legislate from the bench. Watch (about 1:30 into the video): She is so right. The Rabid Right is good at pushing this pathetic nonsense about activist judges, yet are [...]

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How embarrassing

The McCain campaign trying to talk up Sarah Palin’s “foreign policy experience:”

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Convention wrap-up: how did he do?

I thought the convention was fantastic. The Clintons came home and really redeemed themselves in my eyes. There’s nothing like seeing Bill standing in front of his adoring fans, wagging his finger at McCain and telling the country in no uncertain terms why Obama is ready to lead. Hillary laid out an excellent case for [...]

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Obama/Biden

I had a feeling it would be Biden….and I think Obama just won the election. Or at least, he has his best chance possible. Biden: –is not the progressive grass roots’ first choice, but exactly what Obama needed as he is one of the most experienced voices in foreign policy in the Democratic Party and [...]

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Who’s elitist now?

Man, hypocrisy hurts: That’s one cozy outdoor fireplace next to that built-in hottub…how many Americans can identify with that kind of wasteful opulence? Get the whole Architectural Digest story and additional elitist pics here.

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Finally

Perfect.

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