Prediction

By Trevor Timm | Leave a Comment

The House will pass The Bailout Bill as soon as tomorrow Thursday.
The Dow closed down over 700(!) points in the couple hours after the bill failed. When people see their retirement plan tomorrow, that they probably lost all their interest for the past year in a day, all those complaints about not wanting to bailout [...]

In Anything September 29, 2008

Barney Frank Strikes Back

By Trevor Timm | 1 Comment

After the Republican Leaders blamed Nancy Pelosi for hurting their feelings before the vote and so therefore voted against The Bailout Bill, reporters asked her to respond to those charges. Instead, Finance Chairman Barney Frank (D-MA) took the question.

After expressing semi-sarcastic shock at Republicans’ apparently grave self esteem issues, Frank pleaded with them to rise [...]

In Anything September 29, 2008

Chaos

By Trevor Timm | Leave a Comment

Bailout Fails; Stocks Plunge
The Bill went down 228-205, with approximately 2/3 of Democrats voting for and slightly more than 2/3 of Republicans voting against.
House Minority Leader John Boehner (R) placed blame on Nancy Pelosi’s speech on the House Floor just before the vote. He claimed it caused 12 of so Republicans to switch their vote, coincidentally the [...]

In Politics September 29, 2008

Palin Claimed Dinosaurs and People Coexisted

By Trevor Timm | Leave a Comment

This is the latest, now almost daily headline about Sarah Palin that looks like an Saturday Night Live skit, but is actually completely true.

ANCHORAGE — Soon after Sarah Palin was elected mayor of the foothill town of Wasilla, Alaska, she startled a local music teacher by insisting in casual conversation that men and dinosaurs coexisted [...]

In Politics, Sarah Palin September 28, 2008

Debate Highlights

By Trevor Timm | Leave a Comment

(via TPM)

In Anything September 28, 2008

Suspension?

By Trevor Timm | Leave a Comment

John McCain’s “suspension” of his campaign includes all of his campaign offices still being open for business, his surrogates still bashing Obama on TV, McCain himself doing interviews with all the major networks, his VP still holding rallies, and continuing to take donations.
So it’s kind of like when you got internally suspended in Middle School. [...]

In Anything September 25, 2008

McCain Cries “Uncle;” Obama Keeps Twisting His Arm

By Trevor Timm | Leave a Comment

Today, for purely political reasons, John McCain suspended his political campaign for President of the United States because he said “now is not the time for politics.” He said he planned on returning to Washington to help with the bailout bill and implored Barack Obama to do the same. There’s only one many problems with [...]

In Politics, President 2008 September 24, 2008

CNN: FBI probing bailout firms

By Trevor Timm | 1 Comment

WASHINGTON (CNN) — The FBI is investigating Fannie Mae, Freddie Mac, Lehman Brothers and AIG - and their executives - as part of a broad look into possible mortgage fraud, sources with knowledge of the investigation told CNN Tuesday.
The sources would not speak on the record because the investigation is ongoing.
FBI spokesman Special Agent Richard [...]

In Anything September 23, 2008

Still Crazy After All These Years

By Trevor Timm | Leave a Comment

With the Treasury Secretary out in front of the economic crisis, the most important election in a half century in full swing, and the Iraq debate on the back burner, sometimes people forget that George Bush & Co. are still out there making decisions and ruining people’s lives. Still, every few days you get a [...]

In Global Warming, Politics September 23, 2008

Memo to “Worried” Democratic Strategists: Shut the Hell Up

By Trevor Timm | Leave a Comment

For the past month, major news outlets have been publishing articles every few days with headlines like “Can Obama pull it off?”, “Obama supporters say get tougher, more passionate,” “Democrats of Capitol Hill fear Obama fallout,” and my personal favorite in terms of ignorance “What Obama needs to do.” These articles have two things in [...]

In Politics, President 2008 September 19, 2008