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

Aggressive Debate And A Blizzard of Attacks

Maybe after I’ve had more time to think about this goddamn crap I’ll be able to give a better reading of the debate.
Obviously both Obama and McCain were more aggressive. The constant contradictions of each other wore on me deeply. There are definite written plans. Why can’t we get any newsperson or moderator who has [...]

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 [...]

Dodd’s Alternative to the Bail Out Plan

I’ve just finished reading the key points to Senator Chris Dodd’s alternative to the bail out plan and I have to say I agree with the folks like Paul Krugman who are saying this is more like it — it’s a “step in the right direction.” The thing is, as Krugman points out:
Paulson displayed a [...]

McCain Aide Schmidt Blasts New York Times on Conference Call and Gets Smacked Down

McCain aide Rick Davis wasn’t too happy today about being called out by the NY Times, on his ties to Fannie & Freddie and particularly the role he “played in helping Fannie Mae and Freddie Mac beat back regulatory challenges when he served as president of their advocacy group, the Homeownership Alliance, formed in the [...]

The Unfinished Bail-Out Bill And Some History Of Another Crisis

First, this isn’t Bush’s plan. It’s the plan of experienced financial leadership, in government and mostly outside, of pretty realistic people trying to overcome the bullshit passed years ago that caused this mess. Bush couldn’t explain the details of this plan if he had a….well he just couldn’t. [This is a long post but please [...]

Ten Post Round-Up: Aargh! Edition

I totally slipped up not posting, yesterday.  I had to get a new phone and my dealer hooked me up with the lastest form of crack, also known as the Blackberry (Curve, flavored).  I just want to thank John McCain
for making that possible.
I started researchin’ for today’s Ten Post Round-Up and I had this whole [...]

Bye Fannie, See Ya Freddie: Should the Rest of Us Get Ready to Kiss Our Butts Goodbye?

On my personal ranking of the news events of the past 100 years, the top three stories are (1) Hiroshima/Nagasaki; (2) The tearing down of the Berlin Wall; and (3) The current forcing of Fannie Mae and Freddie Mac into federal conservatorship.
The conventional wisdom, of course, is that Fannie and Freddie are “too big to [...]