dish and discussion of the latest news and events from the U.S. political scene
I 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).
Oh, the change! New Mexico Gov. Bill Richardson drops bid for Obama's Commerce Secretary in wake of federal grand jury investigation into government contract exchange for campaign contributions.
When will it end? Should government bailout newspapers? Connecticut lawmaker wants state to bailout two local newspapers, sparks debate about government involvement in the press.
Former DNC chair and Clinton loyalist, Terry McAuliffe, announces run for Virginia governor.
Democratic controlled Congress gives itself 3% pay raise despite recession ... Congress denies raises for federal judges ... Universities, factories and even hospitals force employees to take unpaid furloughs.
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