dish and discussion of the latest news and events from the U.S. political scene
News Round Up During Bailout and Ecomonic Meltdown
8Oct2008 Filed under: Barack Obama, Economy, Hillary Clinton, Housekeeping, John McCain, Red Hot News Archive Author: AdministratorI cleaned up our “Red Hot News” section and wanted to archive the news during the economic crisis and bailout for historical purposes. Nothing new here, unless you are a new visitor.
House passes porky bailout bill. Wachovia walks away from Citigroup deal, will merge with Wells Fargo.
Senate advanced much-criticized bailout in a 74-25 vote late Wednesday. The Dow down 350 points. Will House pass bailout?
Dow makes gains. Senate to vote on bailout plan.
Bailout bill fails House vote amid defections in both parties, Govt sells Wachovia to Citi, Dow nose drives 778 points for worst day ever. Regional banks are now threatened.
Are banks failing, first WaMu, now Wachovia — who’s next?
The Debate: McCain Won. But Will It Matter?
Progress on bailout, McCain to attend tonight’s presidential debate against Obama.
Bailout Deal Breaks Down - Where’s Barack?
McCain suspends campaign and heads to capital to address financial crisis; Obama fails 3 A.M. moment and Bush calls him back to Washington.
Hillary hits airwaves and talks directly to American people about her solutions for the economic crisis (w/vid).
Democrats release draft counterproposal for Paulson’s buddy bailout. Bush and Congress agree to some terms.
Treasury Secretary Henry Paulson wants to clean out the US treasury to bail out Wall Street buddies.
Hillary Clinton’s statement on the bail out with analysis round-up.
She was out in front of the mortgage crisis in early 2007, Hillary Clinton’s plan to address the economic meltdown (w/vid).
- Tags: 2008 Election, Wall Street Bailout
Red Hot News ...
"Reprehensible" is an understatement -- uproar in Maine over Obama assassination sign and betting pool.
California Rep. Henry Waxman wrestles Energy and Commerce chairmanship from Rep. John Dingell. "The ascension of Waxman, a wily environmentalist, recasts a committee that Dingell has chaired since 1981 with an eye toward protecting the domestic auto industry in his native Michigan."
Corrupt Republican Sen. Ted Stevens R-Alaska concedes his US Senate seat to challenger Democrat Mayor Mark Begich. With two more races still up in the air, Democrats within striking distance of 60 seat supermajority.
Big Three automakers beg Congress for $25 billion life boat. Should we bailout sinking ships?
Sen. Joe Lieberman keeps committee chair, loses panel post on Environment and Public Works as punishment for criticizing Obama during the election.
General Ann Dunwoody makes four-star general - the first female to reach the US army's highest rank.
Exit polling shows Hillary is still the candidate of choice.
Former Republican VP candidate and Alaska Gov. Sarah Palin addresses GOP Governors Association.
Senate Race Updates: Democrats positioned to take 60 seat supermajority ... Democrat Mark Begich leads Sen. Ted Stevens in Alaska Senate race ... In the midst of vote counting mischief, panel named in Minnesota Senate race recount between Democrat Al Franken and Sen. Norm Coleman ... Both parties race to Georgia Senate-seat runoff between Sen. Saxby Chambliss and Democrat Jim Martin.
Is Treasury Secretary Paulson pulling a fast one with bailout dollars? Paulson wants to bailout credit industry instead of shoring up devalued mortgage assets...Bailout money set aside for Wall Street bonuses.
Supreme Court rules in favor of Navy in dispute over use of sonar harmful to whales. The Natural Resources Defense Council says: "this is a narrow ruling that leaves in place four of the injunction’s six mitigation measures...".
Gay couples set to marry in Connecticut; victory for advocates stung by California's referendum banning same-sex unions.
CA Gov. Schwarzenegger tells backers of gay marriage: "They should never give up."
Lieberman and three US Senate races still undecided ... Florida, Arizona, and California ban gay marriage, writing discrimination into their State Constitutions.
Former NY Gov. Eliot Spitzer cleared of involvement with high-priced prostitution ring....Prostitution is not a victimless crime: why allowing Spitzer to break the law is a mistake.
Featured Books
Blog Ads
This blog is licensed under a Creative Commons Attribution Noncommercial No Derivative Works 3.0 Unported License.
You are free to share material with proper attribution. Follow Fair Use rules. You may not use this material for commercial purposes or alter, transform, or build upon material. Leave a comment in a post thread to obtain use permission that extends beyond this license.
Leave a reply