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September 29, 2008

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M. Simon

Barney Frank Frankly Not Frank. Barney is outed by the Boston Globe. I also go into an American Thinker article on the The Cloward-Piven Strategy of Orchestrated Crisis. Short version of that was first espoused by Lenin: Worse Is Better.

Did I mention coup? Well not in the piece I wrote. Connect the dots folks. Connect the dots.

Jimmy G

Europe's decline is 90% related to Fortis and B&B while the other 10% is related to Congressional footdragging. The Japan % drop is not even statistically signifcant.

Congress has pulled the football away too many times over the last week so the U.S. markets will be down until a plan is voted on and passed. If it happens today, the U.S. markets wwill end the day up.

Paulson wanted 3 firetrucks, an Amex Black card and a jeweled crown. He got 3 firetrucks.

Barbula

Perhaps Congress should send a cop to take the gasoline can and matches from Paulson's hands while they are at it.

I know. Too little, too late.

M. Simon

LGF On Racism is everywhere

I have noticed in the past two day that the majority of the crowds makeup in the Obama rallies has been African-Americans. Normally they are not allowed in the backdrop of folks behind him, and instead you see more White people, but not today. Perhaps currently there is a backlash, or fear amongst White Democrats after they have been labeled as racist? I have no idea, but I do know that all this talk from Obama has indeed caused an awful wedge to be created between the races. I think in some ways that was his goal; to cause us to be suspicious of each other. I hope after this election is over, we can manage to get beyond the nastiness Obama an his staff have inflicted on America.

The LGF link:

http://littlegreenfootballs.com/article/31389_Associated_Press_Uses_N_Word/comments/#ctop

was sent to me by a correspondent.

Pagar

Good Morning to All!

One of the real threats to the US market today will be Wachovia. American Thinker has a great article on the allies of George Soros, bringing down another huge bank.

LUN

"Largely ignored in this crisis is the key role played by Herbert and Marion Sandler, founders of Golden West Financial (GDW), one of the largest savings and loans in the nation. Wachovia purchased GDW for $24 billion dollars in 2006. This was one of the worst merger and acquisition deals of all time for the buyer, and remarkably excellent timing on the part of the seller. In essence, Wachovia bought a financial time bomb ticking away, onethat exploded this year, bringing down yet another former financial titan and further wrecking Wall Street"

"The top four donors to these 527 groups in the last Presidential election cycle (2004) were Soros, Peter Lewis of Progressive Insurance, Steven Bing, and Herbert and Marion Sandler . Collectively they gave 78 million dollars to left-leaning 527 groups. That was just in 2004. They have become much more ambitious over the last few years."

Just more leftist ties to the ever spreading current financial crisis.

bgates

Simon - you mention the Globe is not a reliably conservative paper, but the editorial you're quoting is by Jeff Jacoby, who is a reliably conservative journalist.

Pofarmer

Rate cuts?

The Federal funds rate is 2%, how much lower do you want it to go?

kim

I want it so low that a negative plus a negative equals a positive.
=========================================

M. Simon

bgates,

True.

Pagar

Wachovia Banking Operation apparently sold to Citigroup.

LUN

Cecil Turner

My, you're bright and cheery this morning.

It seems to me the biggest uncertainty left in this thing is whether it'll pass, not any particular provision of the bill (including whether it's big enough, fast enough, etc.). The market reaction ought to reflect that uncertainty (and I suspect it does).

SWarren

M.Simon
Regarding The Cloward-Piven Strategy of Orchestrated Crisis.

A few days ago some here at JOM were speculating a ‘coup’ taking place. I have never been a conspiracy nut but this article is an amazing compilation of Alinsky’s long-term plan to defeat Capitalism and culminates in the election of that nice, clean, articulate Barack Obama as our president. God help us!

FTA:
"Yet, no one to my knowledge has yet connected all the dots between Barack Obama and the Radical Left. When seen together, the influences on Obama's life comprise a who's who of the radical leftist movement, and it becomes painfully apparent that not only is Obama a willing participant in that movement, he has spent most of his adult life deeply immersed in it.

But even this doesn't fully describe the extreme nature of this candidate. He can be tied directly to a malevolent overarching strategy that has motivated many, if not all, of the most destructive radical leftist organizations in the United States since the 1960s."

The strategy of forcing political change through orchestrated crisis. The "Cloward-Piven Strategy" seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.

Cloward and Piven were inspired by radical organizer [and Hillary Clinton mentor] Saul Alinsky:

"Make the enemy live up to their (sic) own book of rules," Alinsky wrote in his 1989 book Rules for Radicals. When pressed to honor every word of every law and statute, every Judeo-Christian moral tenet, and every implicit promise of the liberal social contract, human agencies inevitably fall short. The system's failure to "live up" to its rule book can then be used to discredit it altogether, and to replace the capitalist "rule book" with a socialist one. (Courtesy Discover the Networks.org)

Newsmax rounds out the picture:

Their strategy to create political, financial, and social chaos that would result in revolution blended Alinsky concepts with their more aggressive efforts at bringing about a change in U.S. government. To achieve their revolutionary change, Cloward and Piven sought to use a cadre of aggressive organizers assisted by friendly news media to force a re-distribution of the nation's wealth.
Cont'd....

Look at the chart -- all arrows lead to Obama!

It’s a long story and the problem for Republicans is that the whole picture is so complicated it cannot be conveyed in thirty second or even a sixty second ads. And the MSM will never expose it. I think the RNC should do a mass mailing of this article to every household in the country. A wake-up call to America!

A Must Read at LUN

steve sturm

(which will deter the healthier firms from participating)

And what is wrong with that? Shouldn't a 'bailout' be for those who need it?

sbw

Nobody's paying attention.

As was mentioned on an earlier thread, Obama's message is perfectly tuned for people who aren't paying attention.

Jane

Did you guys see Stanley Kurtz article in the post linking Obama to the mortgage crisis? I'm assuming it is old news. LUN

bio mom

The stock market behaves the same way that spoiled teenagers behave. If they don't get everything they want they throw a tantrum. I am beginning to think this bailout bill should be killed right now. Then, a reasoned analysis and course of correction can be decided upon. Hank Paulson seems like a good guy but he is, after all, a Goldman-Sachs guy and therefore is oriented to helping the stock market and the investment banks above all else.

bio mom

And also, I believe whatever would be voted on STILL would not be enough for the stock guys and would probably not help all that much with the market numbers in the long run.

Ranger

The system's failure to "live up" to its rule book can then be used to discredit it altogether

The problem is that this works for all systems. Obama is going to face this crisis in 2 years if he wins. if 1/3d of the population thinks we are in a depresion now, while the economy is still growing, that number will double when growth actually goes negative. The press will try to spin it, but economic contraction combined with much higher gas prices (due to Obama's and the D's stupid energy policies) are going to sink his administration's popularity fast. Combine that with the fact that there will be no real change in DC, and he will have popularity numbers down in the low 30% for the majority of his presidency.

If you want to see how this will play out, just look at Blago in Illinois or Duval in Mass.

M. Simon

SWarren,

I guess I can add you to my cohort of conspiracy nuts.

Welcome.

M. Simon

Ranger,

I think Obama will be impeached for High Crimes. About March of 2011.

Rabitfal

It's the economy stupid.

Either that or the OrI from the Star Gate have landed and judged us as luciferian servants in need of purification.

Annoying Old Guy
If you want to see how this will play out, just look at Blago in Illinois or Duval in Mass.
But The Rod was re-elected with a massive margin. Are you saying that after bankrupting the country and being shown to be a total doofus, Obama will be reelected in a landslide as well?
Ranger

Hot Air has a good video up:

http://hotair.com/archives/2008/09/29/video-democrats-insist-nothing-wrong-at-fannie-mae-freddie-mac-in-2004/>Video: Democrats insist “nothing wrong” at Fannie Mae, Freddie Mac in 2004

If McCain is going to win, this is the tac he needs to take. Tie the current crisis to corruption in Washington at Fannie Mae. Point out that Obama became part of the Fannie Mae "family" as soon as he got to DC. When Obama says this is a verdict on the last 8 years, McCain needs to forcefully say no, this is a verdict on the corrupt political culture of DC, and one that Obama joined as soon as he arrived.

Ranger

Are you saying that after bankrupting the country and being shown to be a total doofus, Obama will be reelected in a landslide as well?

Posted by: Annoying Old Guy | September 29, 2008 at 10:01 AM

That is very possible, if the Rs don't get their act together. Of course, at the moment, Illinois government is in a total melt down. With a D gov. and D control of both house and senate, they couldn't pass a budget because the D don't trust their own gov. Right now, the Ds are trying to figure out which is worse, impeaching Blago, or letting him stay in office and having the Rs use him to beat every D in the state bloody in 2 years.

The other thing is that there is no real Republican party here in Illinois any more. There are local Republicans, but at the state level it has collapsed. I don't see the national Rs going through the kind of meltdown that the Illinois Rs did, because of energy issue. The Rs have a strong issue to run on natinally that the Ds can't co-op, and that D policy itself makes stronger as time passes (and gas prices keep going up).

ex-democrat

i mostly agree ranger. if mccain is to win he has to get on the offensive with the message that Obama = change as in MORE crony capitalism.

LUN should be widely disseminated

bio mom

The Rezko trial is going to further the problems in Illinois. He is dealing and likely to take a lot of the dems down with him.

Barbara

bio mom,

Do you think that it's possible that those "dems" might include Obama?

SWarren

Did you guys see Stanley Kurtz article in the post linking Obama to the mortgage crisis? I'm assuming it is old news. LUN

Posted by: Jane | September 29, 2008 at 09:25 AM

Yes, Jane I read it first thing this morning and thought it was very good. But then I followed a link in the comments at Lucianne to the article at LUN. So much more detailed than Kurtz.

It is a long article that is a real roadmap to Obama and ACORN and what we see happening today.
Chilling!

bio mom

Barbara: No indication of that for now.

M. Simon

bio mom, ranger,

I'm another Illinois person.

No hints of Obi in the press. However, Rezko was Obi's bagman. So there may be some no surprise surprises ahead.

Soylent Red

Swarren and M. Simon:

If Obama gets elected there is little reason to believe that impeachment would happen. IOT get enough votes together to impeach, the same knuckleheaded masses that voted him in would have to mobilize to put pressure on their representatives. Those representatives would them have to actually act.

And why would the masses mobilize or the representatives act when the same media that is covering for him now can simply choose not to publish inconvenient facts? When new media screams, truth squads and armies of lawyers waving the Fairness Doctrine will descend. Liberal courts will ratify every lefto-fascist move against the opposition.

As long as it doesn't get too bad (and that could be pretty bad) for the herd, we're facing 8 years of this ponce. And after 8 years, I wouldn't be surprised to see a move to repeal the XXII Amendment, so that Obamessiah can complete his transformation of society "just like FDR." A certain proportion of the population will be all in favor of it because they will stand to get more government handouts, freeing their minds for more important tasks like voting on Dancing with the Stars.

I know all of that sounds hyperbolic, but you can't deny the pieces are all arranged correctly for it to be more than just possible. If this puke gets elected, we're are potentially terminally screwed.

MayBee

Rezko and Louis Farrakhan's son were the guys that got Obama back to Chicago when he graduated from Harvard. Rezko is much more than Obama's bagman. He was his sugar daddy.

But Obama calls buying a house with him "boneheaded", and all is forgiven.

clarice

1, The press has been speculating that Rezko's talking for a while now but there really is not evidence that is so.
2. If he were talking he'd be more likely to finger Blago and not O as O might be the president and in a position to do him enormous harm or good .
3. If he were talking and did by chance finger O do you suppose Fitzgerald would convene a grand jury to indict O in the few weeks remaining before the election?
4. Do you suppose that ambitious somewhat sleazy prosecutor would instead sit on this and hope for a top DoJ slot in an O administration?

Anyone who thinks this Rezko business will do much harm to O has yet to persuade me that is so.

clarice

If he's fingering Blago and there is an indictment? Well, he'll take the fall himself and not talk. As I understand it there's probably an ex-governor's wing by now in the Ill prison system. How many of them have ended upthere anyway?

Charlie (Colorado)

Bio-mom, did your professors ever tell you about the teleological fallacy? I know my professors in med school hit it all the time.

"The" stock market isn't something that can be petulant: it's a bunch of people, each making their own decisions on more or less complete information, intending to make profit for themselves.

Like a slime mold.

Only not as attractive.

Ranger

I don't see Obama getting impeached either, but I do see a Hillary primary challenge starting in 2011. The problem Obama faces is that he is, as he has said, a blank slate. Everyone invests their hopes in him thinking he agrees with them. That is great for winning elections but really bad for governing. He has already proven he will not risk political capital for unpopular policies. So, he either does nothing in order to avoid alienating people, or he actualy does something, and alienates a large section of those who voted for him but thought he was something else. Within short order, his approval ratings will drop to around 35% and then he will lose any political capital.

Look at Blago and Duval. They are both in self preservation mode. By 2010, Obama will be trying to triangulate against a Dem congress that won't be any more popular after this November than it was before. As gas prices keep going up, both Obama and congress will be less and less popular. Add a 2 year recession to that picture, and it gets even uglier.

MayBee

2. If he were talking he'd be more likely to finger Blago and not O as O might be the president and in a position to do him enormous harm or good .

Absolutely agree.

clarice

The problem is that in the meantime the party will ram thru a lot of things that will help it keep its power position--like no secret union elections--and more give aways of tax payer dollars while reducing even further the number of people whoactually pay taxes..

Soylent Red

Ranger:

"President Obama is doing his best to undo eight years of failed Republican policies. The extent to which the system was gamed to disenfranchise and marginalize the middle class and poor was far worse than any imagined.

Later this week, President Obama will unveil a new initiative to provide those who are hurting the most with jobs, houses, and basic health care while demanding that the richest among us pay their fair share and become contributing members of society."

The press will lap that s__t right up, repackage it and push it out to the masses for their uninformed consumption.

Dissenters will be crushed.

MayBee

Remember, the 'ownership society' means you're on your own, according to Obama.
If they increase taxes on enough people, they can make them unable to afford their own homes, private schools, and healthcare, too.

Not to mention, if you force enough insurance companies to take on sick people that haven't paid premiums, you can force insurance company failures. Then the government will be the only answer.

Soylent Red

Right Maybee...

If they increase taxes on enough people, they can make them unable to afford their own homes, private schools, and healthcare, too. ===>Subsidized/socialialized housing, mandatory public schooling, socialized healthcare

Not to mention, if you force enough insurance companies to take on sick people that haven't paid premiums, you can force insurance company failures. Then the government will be the only answer. ====>Socialized healthcare.

Destroy the system in order to rebuild the system under the socialist model.

sbw

Can we not project too far ahead? Please. One election at a time.

narciso

To paraphrase Lewis Black; it's getting so gloomy in here, "Im going to have slit my wrists to see color"; Listened to Glenn Beck for I bit, was looking for a noose;
he's listening to Ron Paul; next he'll have
Dennis Kucinich (D. Middle Earth) who was promoted from a former mayorship, when the
river caught fire; and the net roots though
he was qualified. Him and Howard Dean (D. Ben & Jerry's)

I though I had the corner ofapocalypticism, Obama isn't President yet. Charlie Gibson's and the formerly perky Katie's temper
tantrum; not withstanding,although it seems masochistic to send Sarah for another round.
McCain is the answer, he 'called the ball' five years ago; yet we didn't listen. He tried to put as much sanity in to the bill
but there's only so much he can do.

It's true, Obama's ad look cleaner; they're not burdened with the necessity of being true; or having a record trail of votes. We're getting them like mortar fire in this neck of the woods; in South Florida.
Probably the last bit of the contributions from Lehman & AIG before the meltdown.

clarice

Well if AP survives until then and O wins you can count on it to lead the parade to the bottom:
WASHINGTON (AP) -- The proposal to bail out U.S. financial markets to the tune of up to $700 billion creates a lot of potential short-term winners, as well as some losers.
Wall Street and the banking industry are perhaps the biggest winners. Scores of banks and other financial institutions faced with going under stand to gain a lifeline that should allow them to start making loans again.

clarice

It is too gloomy--Just heard from the kids as they were driving my granddaughter to pre school at her reform synagogue nursery school in Santa Monica (Cal).

It's the New Year and the assignment was to draw cards with shofars on them. She wanted to know why they were supposed to draw all those cars.

Cecil Turner

OT:
I see the very long DOJ investigative report into the US Attorney firings is finally up . . . and they're so proud of it that nobody wanted to sign it. Too bad, that; as it would provide a useful list of other idiots to fire.

DebinNC

Rush is now airing and dissecting the YouTube 2004 Fannie Mae hearing audio. Go Rush!!!

matt

Just to throw a little more gasoline on the fire, Angelo Mozillo at Countrywide was believed by some of his long time employees to be connected to the Mob.

Gangsters have a real sense of the opportunities for corruption in these kinds of events, so I wouldn't be surprised.

Rick Ballard

Charlie,

Any thoughts on the warrants piece? To me, it seems as if Goodco can price its junk in the reverse auction in a manner that compensates for the dilution. Uglyco will price its junk on a survival basis, so Uncle Sugar should take Uglyco junk first and make a stab at spinning straw into gold via the insurance provision.

While I consider the warrants to be window dressing, I don't quite see why Goodco gets off for placing the same (but smaller?) bets in the CDS Whorehouse and Casino than did Uglyco. Goodco has nice, bright, smart, energetic traders who can probably make a calculation concerning the value of the warrants and price their attempt to recoup bad bets accordingly. The Secretary can still pick and choose between offers - this isn't going to be a "free market" operation any more than the traffic in synthetic CDS is a true, level field, free market.

If Goodco doesn't want to play in a game they haven't rigged themselves they can always just park their bad bets in a dark place for 5-7 years and pretend they don't exist. They will get the bump on the 'mark to market' problem as soon as the first auction takes place whether they participate or sit on their hands.

matt

the funny thing is that when people accuse Wall Street of benefitting, it's their pensions, 401K, retirement plans, mutual funds, and stocks that are on the line. Sometimes I just don't get the financial naivete of some people. One way or t'other, this affects all of us on a very deep level.

SWarren

Soylent,
A certain proportion of the population will be all in favor of it because they will stand to get more government handouts, freeing their minds for more important tasks like voting on Dancing with the Stars.

I know all of that sounds hyperbolic, but you can't deny the pieces are all arranged correctly for it to be more than just possible. If this puke gets elected, we're are potentially terminally screwed.

You are so right! It's not hyperbolic and it's starting to scare the bejeezus out of me. The huge idiot-masses out there who haven't got a clue but are swept up in their adulation of The One who will bring CHANGE. There are millions of mind-numbed people out there with nothing in their lives who really buy into this carp and they are hyped and they WILL vote.

I'm getting very nervous that Nov.4th will bring us 'President Obama' and all that his "change" entails.

(Weren't we just talking yesterday about narcissistic personality). And how many millions does 'Oprah loves Obama' influence?

Added to the article I linked above, here's another from American Thinker:
Oprah,Obama,and the Guru: Malignant Narcissism

LUN

matt

Soy;

It was Lenin who urged destruction not to rebuild with a socialist model, but rather a communist one. Even worse.

clarice

Cecil--thnx for bringing that to my attention. I know I should go thru it carefully and dissect it but it's just one of those things that probably establishes what a den of thieves DoJ has become and how they played Gonzales. I doubt all the work it would take would be worth it.

Verner

Gangsters have a real sense of the opportunities for corruption in these kinds of events, so I wouldn't be surprised.

Wasn't there a soprano's episone about something along those lines--a corrupt community organizer getting homeless people to front for subprime loans for the mob, who then purchased over appraised properties, that were then stripped of their copper pipes. appliances. moldings etc--and left in default.

Tidy profit there all the way around. And it went on all over the country--everyday, because no one wanted to look like a racist and oppose housing for minorities!

Amused bystander

SWarren: See, it is SO obvious.

The interesting question is why so many on the left do not see it, or at least speak to it.

MayBee
the funny thing is that when people accuse Wall Street of benefitting, it's their pensions, 401K, retirement plans, mutual funds, and stocks that are on the line. Sometimes I just don't get the financial naivete of some people. One way or t'other, this affects all of us on a very deep level.

It's the result of class warfare.
After McCain's convention speech and after the debate, we heard the same complaint from the Obama camp: McCain didn't even mention the middle class.
Now, isn't that weird, because I heard McCain talking about everybody. But for the Obama people, the middle class is somehow an entirely separate entity that needs to have it's own..what? platform or policy? Yet this complaint actually seems to resonate with people. People pretend it means something to them to actually hear the words "middle class" out of the candidate's mouth.

What was JMH's brilliant line about politicians that want to put us into groups? It should be the masthead of every right-leaning political blog from now until the election.

Verner

Heard on talk radio this AM that Marsha Blackburn, my congressperson, said that this legislation does nothing to stop the underlying problem--subprime loans to deadbeats. So, expect the same thing to happen all over again, especially if the ACORN king gets elected.

Sue

Yet Obama attended a church for 20 years that preached against middleclassness. Anyone willing to call him on it? Yeah, I didn't think so. Keep them dumb.

matt

Verner;

There was a case here in california of an Indian guy doing the same thing. Straw buyers; gardeners, laborers, etc acting as fronts for him. Another one was run by a mortgage broker. If there is opportunity for graft, someone will usually exploit it.

Sue

In fact, I believe Obama mentioned it in one of his books. And the middle class is willing to put their trust in this doofus.

Rick Ballard

Verner,

Scroll down on this piece from S&P to the heading "U.S. Subprime RMBS Issuer Comparison", you'll find that if all the clowns had the same underwriting standards as Countrywide, there wouldn't be any problem. Countrywide was second to Ameriquest for '05 and first (by a wide margin) in '06 and '07 wrt cumulative losses. Take a hard look at how Countrywide stood in relationship to those brilliantly led Wall Street shops.

If you want to talk about a Mafia in finance you have to start with GS and JPM. They make the Sicilians look like kids in nursery school. (Please note the performance of JPM and GS in the loss chart.)

Sara (Pal2Pal)

McCain was on fire in Ohio just now. Really sticking it to Obama every which way and hitting him hard on the financial crisis as well as foreign policy. I think this is the most energetic and fired up I've seen McCain while out on the campaign trail. And the crowd was wild about Sarah.

Neo

I'm here to tke responsibility for the Wachovia-Citi deal.

I knew when my old "First Union" checks finally ran out last month and I finally bought two boxes of "Wachovia" checks, that the death knell was in for Wachovia.

I'd just like my boxes of checks to outlive the name on my bank .. just once.

Charlie (Colorado)
It is too gloomy--Just heard from the kids as they were driving my granddaughter to pre school at her reform synagogue nursery school in Santa Monica (Cal).

It's the New Year and the assignment was to draw cards with shofars on them. She wanted to know why they were supposed to draw all those cars.

Heh. It's the like story David Steinberg told once. He'd done a funny Jewish "Sermonette" about Moses on the Tonight Show, then was on again, and talked about the letters he'd gotten. He said they broke down into three groups:

The Orthodox Jews, who complained that he was making fun of Rabbis.

The Conservative Jews, who said his mother must be proud since he was making such a good living.

And Reform Rabbis, who wrote to ask who this "Moses" fellow was, anyway?


SWarren

MayBee,
Obama's Alinsky training.
Agitate the middle class.

DebinNC

Obama at Harvard: "In a rare slip, he told The Associated Press: “I’m not interested in the suburbs. The suburbs bore me.”"

Wright railed against suburbs and blacks who left the cities to move into them.

Sara (Pal2Pal)

I'd just like my boxes of checks to outlive the name on my bank .. just once.

My d-i-l said almost the same thing yesterday, only her account was with WaMu.

Charlie (Colorado)

Heard on talk radio this AM that Marsha Blackburn, my congressperson, said that this legislation does nothing to stop the underlying problem--subprime loans to deadbeats.

I dunno, Verner; my mortgage broker --- I've been thinking about buying --- just called and said nobody's getting mortgages around here right now unless they've got good credit and a downpayment.

Maybe that will change again.

DebinNC

Local radio - Citigroup to cut 4000+ Charlotte jobs and likely move Wacovia headguarters from Charlotte to NY. Continuing gas problems here also. Seems like a "crisis" mentality is in full sway here, and BO is moving ahead in the NC polls. Sen. Libby Dole seems likely to lose her seat.

clarice

Really, chaco, what kind of 3 y.o. kids know about chauffeurs?

Here's the sopranos incident on community organizers, the mob and subprime mortgages.
http://jischinger.wordpress.com/2008/03/04/obama-finance-chair-tied-to-sub-prime-disaster/>Getting his beak in

Charlie (Colorado)

Rick, I don't know what I think; I haven't written about it. Right now I'm on deadline for a couple things for PJM, so I'll have to take some time to think later in the day.

On the market -- I think a mere 250 points off the Dow, 60-odd of the S&P, is "sell on the news." If the S&P were down 300 points, I'd think people weren't believing in it.

MayBee

Have you all seen this:

Barack Obama's campaign earlier this month sought to find a rape victim to appear in a campaign commercial, according to an email obtained by Politico.

Kiersten Steward, director of public policy at the Family Violence Prevention Fund, served as a conduit between the campaign and victims and women's advocates.

"Obviously, this is a big ask and I haven’t seen a script but presumably it will be a brief this is what happened to me, we need someone who will fight for women like me, these are the guys to do it," Steward wrote in a September 15th email. "Again, that’s just my assumption given how these things
usually go."

Steward, a former top aide to Rep. Maurice Hinchey (D-NY), said the Obama campaign would have a crew in Washington and was hoping to film that week.

She didn't respond to a message.


via Politico

Charlie (Colorado)

Really, chaco, what kind of 3 y.o. kids know about chauffeurs?

Reform ones, obviously.

You know what the difference between Reform Jews and Episcopalians is?

Tee times on Sunday morning.

(You have to remember that Mom's rabbi is so Reform he serves ham at Seder.)

Sara (Pal2Pal)

John Boehner just said that passing the bill is in serious doubt.

clarice

Heh, Charlie--that's how he keeps his Chinese practitioners I suppose.

__
For TCO unless he believes heritage has been bought up by Maoists:
http://www.heritage.org/Research/Economy/wm2091.cfm

SWarren

~SIGH~ Just let Palin be Palin. She can dazzle!

AP story-Palin, Biden a lively pairing for VP debate

LUN

Amused bystander

Market selling off now after the vote in the House.

Amused bystander

Doq -600

Amused bystander

*Dow*

Sara (Pal2Pal)

Unless a bunch of members change their vote, this bill is going down.

Vote: 199 to 223 (nays) 12 left to vote.

Dow down 687.91

clarice

market's tanking--vote on bailout may fail.

Jim Ryan

You have to remember that Mom's rabbi is so Reform he serves ham at Seder.

Extremely Reform, eh? That puts your mom's synagogue well to the conservative side of my mom's. Seriously. If you bring a Bible into the place they scowl at you.

Sara (Pal2Pal)

Seems the market is happier, going back up to being down 494 from 687.

Totals: 205 (yea) 228 (nay) 1 vote left to cast.

Sara (Pal2Pal)

Lots of twisting arms and head banging going on in the back room.

Sara (Pal2Pal)

Votes are changing. Now 227-226, remember they need 217 to pass.

Market at -392.

PDinDetroit

OT - From MSimons Post above...

Just another day in Detroit...

LUN

Sara (Pal2Pal)

Breakdown:

Dems 141 Yea 94 Nay

Repub 66 Yea 132 Nay

Market: -455

Sara (Pal2Pal)

Love to know who the 1 non-voter is.

DebinNC

I hope it's the arms of the blue dogs Dems being twisted to vote for and not the conservative Reps.

PDinDetroit

Sara - if it was the Senate, you wouldn't have to wonder.

Obama - He who is "Present", but is totally unaccounted for.

Sara (Pal2Pal)

New thread on the vote.

LindaK

McCain should keep up the energy, he is tapping into a public that is very, very angry about having the US economy sabotaged. He needs to direct that anger to the appropriate players. He only has five weeks to expose BO as a radical subversive who has associated with other radical subversives all his adult career.

Jane

Dumb question but if they need 217 to pass, why doesn't 227 pass it?

Fox saying it did not pass.

Verner

Well, Pelosi just got a major F-U from the republican minority. If she wants it passed, talk to the 94 blue dogs.

clarice

Jane I think they got 207.

M. Simon

Clarice,

The only one not to go for quite some time was Jim Thompson. It was so unusual that they named a building after him while he was still alive.

He is still a fixer. He is a Republiacan.

M. Simon

clarice,

I was thinking a war. What does he do when he has to confront the international situation?

Annoying Old Guy

clarice;

The Rod would be the fourth Illinois Governor to go to jail, preceded by Kerner, Walker, and Ryan. The next closest state is, I believe, Arizona, with two.

清洗设备

On the market -- I think a mere 250 points off the Dow, 60-odd of the S&P, is "sell on the news." If the S&P were down 300 points, I'd think people weren't believing in it.
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Thomas Jackson

The next meme is the dividend check you'll be getting from the government when all these wonderful investments pay off.

Lipstick? Pig?

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