Obama gets it exactly right (HT: Laurel) on whether to debate on Friday, and why. "With respect to the debates, it's my belief that this is exactly the time when the American people need to hear from the person who in 40 days will be … [Read more...]
McCain’s stunt
Yes, it's a stunt. This where we are right now: McCain's poll numbers are collapsing, the Palin sideshow gets more farcical every day, and if McCain doesn't score a huge win in Friday's foreign policy debate, he can pretty much hang … [Read more...]
Limiting executive pay is necessary but not sufficient
Word is that BushCo is giving in to bipartisan demands to limit executive pay of bailed out companies. That's good -- it's an important symbol, and a necessary one if government action is to have any credibility at all. But … [Read more...]
It’s the foreclosures, stupid.
Bruce Marks of the Neighborhood Assistance Corporation of America -- an outfit that has probably done more than just about anyone else to combat predatory lending and help low- and moderate-income folks buy and stay in their homes -- makes … [Read more...]
McCain’s campaign manager was on Freddie Mac’s payroll until last month. And McCain lied about it.
NYT humiliates the McCain campaign. Again. One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month from the end of 2005 through last month to a firm owned by Senator John McCain's campaign manager, … [Read more...]
Conservatives abandoning McCain in droves
Today's defection: George Will. Under the pressure of the financial crisis, one presidential candidate is behaving like a flustered rookie playing in a league too high. It is not Barack Obama. Will then makes an excellent point that I've … [Read more...]
When Paul Krugman and Bill Kristol agree, you know you’ve got trouble
Today's NY Times op-ed page features two columnists who ordinarily can barely agree on what day it is, much less on matters of substance. Today is different. They both think the Paulson "cash for trash" plan, at least in its … [Read more...]
How’s that free market working out for ya?
From the current front page at the NY Times: Today's Developments The S.E.C. temporarily bans short sales of stock in 799 financial companies. The Treasury offers to guarantee money-market funds up to $50 billion. The Fed says it will buy … [Read more...]
John McCain’s child-like approach to the economy
I've been struck recently by a theme that's emerging pretty clearly from John McCain's pronouncements on the turmoil in the markets. A couple of days ago, he railed against the "greed" and "corruption" that had poisoned Wall Street, … [Read more...]
Some numbers and other details from the National Anthem concert
Charley has already said most of what needs to be said about last Friday's National Anthem concert. I found the evening to be so extraordinary -- I have never experienced anything like that audience before -- that words fail me, … [Read more...]
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