Posted on September 30th, 2008 by Pamela Leavey
Two days after the Bail Out Bill failed in the House, the Senate plans to vote on the “$700 billion bank rescue plan,” on Wednesday evening. The Senate Bill “adds new provisions - including raising the FDIC insurance cap to $250,000 from $100,000 - and will be attached to an existing revenue bill that the [...]
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Filed under: Barack Obama '08, Congress, Credit Crisis, Democrats, Economic News, Economy, House of Reps, In The News, John McCain '08, Massachusetts, Pamela Leavey, Political News, Politics, Republicans, Sen. Harry Reid, Senate, Wall Street
Posted on September 30th, 2008 by Pamela Leavey
Planned Parent is cashing in on Sarah Palin as the VP nominee for the Republican Party. John McCain’s running mate, Sarah Palin has been a “vocal opponent of abortion,” so pro-choice folks are ponying up to make a statement about Palin’s nomination by donating to Planned Parenthood in her name:
“Make a donation to Planned Parenthood,” [...]
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Filed under: Abortion, Activism, Election '08, Fundraising, Gov. Sarah Palin, In The Blogosphere, In The News, Katie Couric, McCain-Palin '08, Pamela Leavey, Planned Parenthood, Political News, Politics, Presidential Election, Pro Choice, Republicans, White House, Women's Issues
Posted on September 30th, 2008 by Walter Brasch
The Republican leaders of the House of Representatives grabbed a half dozen bags of sincerity, looked directly into every TV camera they could find, and lied.
The House had just defeated, 228–205, a bipartisan $700 billion bailout bill. But it was the Democrats who were the subject of vicious rhetoric.
Speaker of the House Nancy Pelosi (D-Calif.) [...]
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Filed under: Barack Obama '08, Bush Admin, Congress, Consumers, Credit Crisis, Democrats, Economy, Election '08, George W. Bush, House of Reps, In The News, John McCain '08, Politics, Rep. Nancy Pelosi, Republicans, Wall Street, Walter Brasch
Posted on September 30th, 2008 by Stuart O'Neill
Leadership has to be one of the key issues we face today as voters. Certainly most DemDaily readers are supporting Obama. There are some that do not. Here is the except of a very interesting Time magazine article about leadership and the reaction of the American Public. I just heard Chis Matthews say that what [...]
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Filed under: Barack Obama '08, Congress, Consumers, Credit Crisis, Economy, Election '08, Foreclosures, Gas Prices, House of Reps, In The News, John McCain '08, McCain-Palin '08, Obama-Biden 08, Politics, Presidential Election, Senate, Small Business, Stuart O'Neill, Time Magazine, Wall Street
Posted on September 30th, 2008 by Stuart O'Neill
Gawddamn.
After nearly two weeks of screwing the pooch, from a communications point of view, all the reporters today are using the ‘Recovery Plan’ language because the Leadership, as demonstrated by Senator Kerry this morning, in Congress is doing the same thing.
It’s about time since this is all an effort to help the economy and banking [...]
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Filed under: Barack Obama '08, Congress, Consumers, Credit Crisis, Economy, Election '08, Gas Prices, House of Reps, In The News, John McCain '08, McCain-Palin '08, Obama-Biden 08, Sen. Joe Biden, Senate, Small Business, Stuart O'Neill, Wall Street
Posted on September 30th, 2008 by Pamela Leavey
John Kerry had at it with Bill O’Reilly on The Factor last night (h/t News Hounds) on the issue of the economic crisis. Watch it here:
This afternoon, Kerry held a press conference to outline the urgency of passing comprehensive economic legislation to avoid the collapse of Wall Street from hitting families and business across the [...]
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Filed under: Bill O'Reilly, Congress, Credit Crisis, David Brooks, Democrats, Economic News, Economy, Fox News, House of Reps, In The Blogosphere, In The News, John Kerry, Pamela Leavey, Political News, Politics, Republicans, Senate, Small Business, Treasury, Wall Street
Posted on September 30th, 2008 by Stuart O'Neill
A group of Democrats are introducing a new piece of legislation of totally different from the one that’s been worked on for that last week and a half.
Based on spotty information I’ve heard on MSNBC they wish to re-introduce a ‘transaction fee’ to every securities transaction. Apparently, according to what Congressman Pete DeFazio said, the [...]
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Filed under: In The News
Posted on September 29th, 2008 by Stuart O'Neill
As of this writing DOW is up 305 points. Now 299 points. Now 286 points. It could bounce another 100 points one way or another. This information comes from Yahoo Finance.
A good portion of the up tick are people, like myself if I had any funds in the market, taking advantage of stocks that dropped [...]
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Filed under: Bush Admin, Credit Crisis, Economic News, Economy, George W. Bush, In The News, Opinions, Political News, Politics, Progressives, Republicans, Stuart O'Neill, Wall Street, World News
Posted on September 29th, 2008 by Pamela Leavey
Here’s some food for thought today after the Bail Out Bill failure in the House: What If We Had An Economic Apocolypse? What would happen? What would you do?
Jazz Shaw explains on The Moderate Voice. I have to say one of the reasons I am moving to Maine is to live somewhere more economical that also [...]
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Filed under: Bush Admin, BushCo, Congress, Consumers, Corporatism, Credit Crisis, Democrats, Economic News, Economy, House of Reps, In The Blogosphere, In The News, Pamela Leavey, Political News, Politics, Republicans, Wall Street
Posted on September 29th, 2008 by Pamela Leavey
There’s a lot of finger pointing going on in the wake of the Bail Out Bill failure in the House today (see Roll Call vote here).
Barack Obama said today that “he believed Congress would ultimately pass a proposed $700 billion financial bailout deal, despite its initial rejection by the House of Representatives.”
“I’m confident that we’re going [...]
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Filed under: Barack Obama '08, Bush Admin, BushCo, Congress, Corporatism, Credit Crisis, Democrats, Economic News, Economy, Election '08, George W. Bush, House of Reps, In The News, John McCain '08, Pamela Leavey, Political News, Polls, Presidential Election, Republicans, Senate, Small Business, Wall Street
Posted on September 29th, 2008 by Dizzy Dezzi
What a wild roller-coaster ride the last few days and certainly the last few hours have been!
I’m just relieved that the market is closed right now because I was getting dizzy watching it.
There’s a lot of wild stuff in today’s Ten Post Round-Up. But, before we get into that, let’s see what our favorite uncle [...]
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Filed under: In The News
Posted on September 29th, 2008 by Stuart O'Neill
UPDATE #3 Pelosi has made her statement that this had been a wholely bipartisan effort. Barney Frank said he was incredulous that ‘people could get their feelings hurt so they hurt the country instead.”
Everyone is making the point that each member of leadership made a commitment to deliver a certain number of points. The Democrats [...]
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Filed under: Congress, Credit Crisis, Democrats, Economy, House of Reps, In The News, Politics, Rep. Nancy Pelosi, Republicans, Stuart O'Neill, Wall Street
