USN&WR: Democrats Were Wrong On Fannie/Freddie; McCain Was Right

USN&WR
Seventeen. That’s how many times, according to this White House statement (hat tip Gateway Pundit), that the Bush administration has called for tighter regulation of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. Congress has cooperated only once. In spring 2007, as House Financial Services Committee Chairman Barney Frank likes to point out, the [...]

The Bailout: Say Goodbye To All Of Obama’s Campaign Promises

The past ten days has radically shifted the entire course of the Presidential campaigns… but seemingly not in the way that most people have caught on to yet.
From Firedoglake
I can’t think of any way to sugar coat this, I’m afraid. It’s a bad bill and it isn’t just that Barack Obama voted for it, it’s [...]

Ever wonder what is in the $800 Billion Bill being voted on 10/3?

If you are like me, you occasionally wonder what our Congress is spending our tax dollars on.  I’ve been searching for an official copy of the bill and the usual summary that accompanies these things – and have not found it.  So in the interest folks knowing what is going on, I thought I’d offer [...]

The Greatest YouTube Ever

Via Divine Democrat

Ok, So I Just Read The Senate Version Of The Bailout Bill…

UPDATE:  To Read The Latest News On The Status Of The Bailout And The Market CLICK HERE
 
 
And it’s a crock of crap.
The bill has now been expanded to 451 pages, from the House version of 110, which was expanded from the original 2 pages submitted.
God, Congress has a way of adding bunches of irrelevant crap [...]

Bill O’Reilly… My New Hero?

I must say that this election season has been the craziest I have ever seen.  I feel like I have stepped through the looking glass and what was down is now up.
In the most recent of unexpected twists…  I think Bill O’Reilly might be my new hero?
via MOUNTAIN SAGE

Reverse Auctions in Bail out – designed to not screw taxpayer?

Reverse Auction Design – will it be in the final bill?
With over 100,000 individual designed  mortgage-related securities, obligations, and other instruments outstanding, further divided  by multiple rated tranches, auctions to price each piece are not workable.  But the Mortgage Bailout Bill depends on price discovery via auction – and as far as I can tell [...]

It’s All About Leadership – McCain Steps Up, Obama Fails

As a follow up to this mornings article about how Obama has failed the leadership test yet again…  yeah, 3 times now, we find out today that John McCain steps up to the leadership plate once again.
From CNN,
Republican presidential candidate John McCain announced Wednesday that he is suspending his campaign to return to Washington and [...]

Day 3… Hillary Day

Damn that lady is brilliant.
She spoke twice yesterday.  Once at a “Women Count” function and second at the convention.  She absolutely hit it out of the park with her speech.
She also did what she had to do…  threw full weight behind Obama.  Maybe now they will leave her alone now.
Oh, and Bill, a man of [...]

Day 2… Ok, So I Gave A Speech At The Rise Hillary Rise Event…

Somehow Darragh Murphy conned me into giving a speech at the Rise event in Cheeseman Park, and it was pretty tough on me.  I have been on a sort of outrage autopilot, but getting up there to give the speech I had to communicate what I saw to others, and it made me very very [...]

Breaking – Bill Clinton Gets Key Speech Time At Convention

Looks like the Obama camp and the DNC is starting to bow to the power of the Clintonistas…
From MSNBC:
CHICAGO – In a hurried move to put an end to the tensions between supporters of Democratic presidential candidate Barack Obama and those of Sen. Hillary Rodham Clinton, the Obama campaign has offered former President Bill Clinton [...]

Obama Lies His Ass Off… Again. Oh, sorry… Obama had poor word choice.

Obama is a man that is well known for taking the credit of other legislators.  The incident with Chris Dodd a few months ago was the most obvious and egregious, but stories abound about Obama’s years in the Illinois State Senate and how he was handed legislation right before it passed.
Well…  this time, he straight [...]