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Political News, Progressive Commentary, Liberal Opinions and Common Sense Conversation…

Kick The Auto Industry To The Curb? Another View.

Jeffrey Feldman’s Frameshop is a must read for anyone who want to see thoughtful concepts and ideas about the reading of the day. His post for today is ‘Rust Covered Car Exec’s? Kick ‘em To The Curb’ My comment on his blog follows as I’ve seen some of trouble when a major industry is destroyed.
Jeffrey, [...]

Financial Chaos Sweeping the World

Well folks, as you sit down with your morning cup of coffee and you prepare to delve into the financial headlines you might want to pour a stiff shot of something to sweeten that coffee, that is if you can afford the price of a good bottle of liquor. Here’s a round of the early [...]

The Real News Of The Economy

The Dow closed at a loss of 678 points. The pain may have just started. While the markets continue to correct based on the days trading 401K’s and other retirement accounts continue to shrink. People are fearful. When will it stop?
Jim Cramer of Mad Money on CNBC has advised on The Today Show and Hardball [...]

60% Say Economic Depression ‘Likely’

According to a new CNN/Opinion Research Corp. poll, nearly “six out of ten Americans believe another economic depression is likely.” I wasn’t one of the lucky folks polled, but I have to say I’d be among those “six out of ten Americans” who believe an “economic depression is likely.”
From where I sit, the economy has [...]

Bill Clinton Goes to Bat for Obama - Biden

Bill Clinton was on the stump today doing some “powerful campaigning in Florida for the first time on Obama’s behalf.” Clinton, Greg Sargent reports on TPM, “laid out an interesting argument against McCain-Palin, claiming that the economy will consume so much of the new president’s attention that the Veep will be forced to play a [...]

John Kerry Donates 1 Million to the DSCC

You gotta love John Kerry…
Here we are not only in the midst of a critical Presidential and Congressional election season, but now America is in a deep financial crisis. Money is tight for so many Americans right now, but Kerry gets just how important this election is.
So what does Kerry do?
He pony’s up 1 Million [...]

Late Night: An American Story

If you have been paying attention to both the economic news and the election news then you will appreciate this You Tube video that showed up in my email box earlier today. It speaks for itself… Watch it:
And then be sure to pass it along to friends and family!

Sphere: Related Content

Senate to Vote Wednesday on Bail Out

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 [...]

Stampeded by Fear, Scammed by Lies: Why the Bailout Failed

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.) [...]

A Must Read Article About Leadership

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 [...]

FINALLY! Now it’s a Recovery Plan

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 [...]

John Kerry on the Economic Crisis

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 [...]