We have lost control. We cannot stabilize the dollar. We cannot control commodity prices. -- BEN BERNANKE While, as an American taxpayer, I am extremely proud to now own an insurance company and plan to lower everyone's rates just as soon as I have a chance, the ongoing economic crisis has a different -- and decidedly creepy -- feel to it than those in the recent … [Read more...] about I Gots For You A Brand New Gas Guzzling Chebby Pickmeup Truck in Parachute Gold
Bill Clinton Changes His Tune On Barack Obama
‘The Savior Projection’: Sarah Palin, Barack Obama, John McCain, Joe Biden, Bob Barr
Putting The Culture On The Couch: 'The Savior Projection' Onto Politicians Running For High Office We all do it when we are first in love: idealize 'the other,' seeing them as both 'the I and the Thou'... not keeping much of a personal self, but somehow merging with an over-idealized vision of beauty and perfection we project onto this other soul... That flush of enormous … [Read more...] about ‘The Savior Projection’: Sarah Palin, Barack Obama, John McCain, Joe Biden, Bob Barr
Barr Seeks To Toss McCain and Obama Off Texas Ballot
Libertarian Presidential candidate Bob Barr is seeking to have his fellow candidates tossed off of the Texas ballot on the grounds that they failed to comply with Texas law. The Texas secretary of state has said that they certified the ballot on September 3rd and that all candidates qualified. But the Texas Supreme Court did not automatically reject the lawsuit, instead … [Read more...] about Barr Seeks To Toss McCain and Obama Off Texas Ballot
On McCain’s Call For The Firing Of SEC Chairman Chris Cox
There's much to criticize -- but are people criticizing the wrong things? Today's MUST READ by Professor Stephen Bainbridge. … [Read more...] about On McCain’s Call For The Firing Of SEC Chairman Chris Cox
The Only Thing We Have To Fear
David Fitzsimmons, The Arizona Star … [Read more...] about The Only Thing We Have To Fear
Republican Hagel Says Palin Not Ready For Higher Office
Republican Senator Chuck Hagel is a friend of Republican Presidential candidate Sen. John McCain, and the independent-minded Hagel is highly-regarded by some independent voters. Hagel has now made some blistering comments about McCain's selection of Gov. Sarah Palin as his Vice Presidential running mate -- comments that are likely to add to the growing negative image of Palin … [Read more...] about Republican Hagel Says Palin Not Ready For Higher Office
MOAB – Mother of All Bailouts
In the midst of Wall Street's fourth straight troubling day came rumors of a massive Congressional bailout plan to purchase troubled assets from all banks and dispose of them. Rumors of this plan emerged when Democratic Senator Chuck Schumer spoke of it on the Senate floor this afternoon. Suddenly, the Dow skyrocketed 600 points from its daily low to close at 410 points up. … [Read more...] about MOAB – Mother of All Bailouts
Wall Street Bail-Outs
RJ Matson, The St. Louis Post Dispatch … [Read more...] about Wall Street Bail-Outs
Palin: ‘George W. with Two X Chromosomes’ – From Nachrichten of Switzerland
[Guardian Unlimited, U.K.] So what is that very special something that makes Republicans near Sarah Palin behave as though they've eaten catnip? Patrik Etschmayer of Switzerland's Nachrichten newspaper thinks he has the answer - an answer that will no doubt create some controversy. Of women in politics, Etschmayer writes in part: "A man who criticizes a female … [Read more...] about Palin: ‘George W. with Two X Chromosomes’ – From Nachrichten of Switzerland
Jib Jab: It’s Time For Some Campaigning
Jib Jab's summer take on campaign 2008 is as fresh today as it was in July: … [Read more...] about Jib Jab: It’s Time For Some Campaigning
Dow Recovers 400 Points – Panic to Manic
The roller coaster ride on Wall Street went up today. The Dow actually began the day up 150 points on news of a swap agreement between the Fed and European central banks. This pumped $180 billion in liquid currency into circulation thus alleviating an emerging credit crunch. Later in the day the euphoria died down and the Dow actually went into negative territory around … [Read more...] about Dow Recovers 400 Points – Panic to Manic
Guest Voice: Palin and ‘Jeff Foxworthy Voters’
This guest column is from Ned Lips. Today, Mr. Lips is a St. Louis-based educator, entrepreneur, and business strategist. Previously, he worked for 12 years as an attorney. He was also one of several party-defiant voters interviewed for our recent feature on the Missouri bellwether. “Guest Voice” posts do not necessarily represent the opinions of TMV or its … [Read more...] about Guest Voice: Palin and ‘Jeff Foxworthy Voters’
Obama Airs More Negative Ads
Yesterday, in my winning ways of our lying pols post, I pointed to Slate’s Farhad Manjoo asking Why isn’t Obama stretching the truth more often? I don't know if Obama took the advice, but today I read that he has gone negative: In line with the expectations of most observers, the campaign has turned more negative since the conclusion of the Republican Convention. In the … [Read more...] about Obama Airs More Negative Ads
Gallup Daily Tracking Poll: Obama Widens Lead Over McCain To 4 Points
The latest Gallup Daily Tracking poll offers more evidence that Republican Presidential nominee Sen. John McCain's convention bounce is returning bungee-jump style to pre-convention levels amid the worsening situation on Wall Street, pundits' thumbs-down for his negative campaign and a host of controversial flubs. Gallup reports: The Sept. 15-17 Gallup Poll Daily … [Read more...] about Gallup Daily Tracking Poll: Obama Widens Lead Over McCain To 4 Points
Washington Mutual, Morgan Stanley For Sale…. Any Buyers ?
It looks like the Wall Street garage sale is ongoing today as word comes down that both Washington Mutual and Morgan Stanley are looking for buyers to avoid possible collapse. Although neither company seems to be in the same position as others (I.E., in risk of immediate collapse) it does seem that they are in trouble. The names being mentioned as possible buyers for … [Read more...] about Washington Mutual, Morgan Stanley For Sale…. Any Buyers ?
Eminent Domain Abuse?
In an AJC story on the growing DOT deficit in Georgia Jim Galloway noticed that the department has been seizing rights-of-way to no purpose: In one case, for a project on Ga. 316 and Ga. 81 in 1999, DOT told a man it needed land that he had bought less than six months before, intending to build a gas station. It usually takes years for a project to arrive at the … [Read more...] about Eminent Domain Abuse?
McCain Aides Accuse Obama Of “Cheerleading” Economic Crisis
In a way, it's a logical extension. Republican Presidential candidate Sen. John McCain's supporters have sometimes suggested that by criticizing war policy Democratic Sen. Barack Obama didn't want the U.S. to win or put political values first. Now McCain's camp is charging that by criticizing the Bush administration's handling of the economy, the Republicans' role in it, and … [Read more...] about McCain Aides Accuse Obama Of “Cheerleading” Economic Crisis
Global Capitalism: Ready for the ‘Shrink or Sink’ – Financial Times Deutschland
'Don't Panic' So what is one to make of what is being described as a 'global financial meltdown?' The sense one gets from Europe - particularly the Germans - is that while things are grim, and while this may mark the end of an 'entire phase of capitalist development,' - this isn't the end of the world. In fact - it's all for the best. For Germany's Financial Times … [Read more...] about Global Capitalism: Ready for the ‘Shrink or Sink’ – Financial Times Deutschland
Second Blogger Arrested In Malaysia
Bloggers in the United States are considered an increasingly-pesky, noisy bunch who can influence political parties and shove otherwise-neglected stories into the mainstream media and political realm. Bloggers in other parts of the world are considered serious political threats -- and can be and sometimes are arrested. Today's proof: Malaysia arrests its second blogger: An … [Read more...] about Second Blogger Arrested In Malaysia