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Bipartisan Support for Wall St. Rescue Plan Emerges — WASHINGTON — Bipartisan support appeared to be emerging Sunday among American lawmakers to give quick approval to a vast bailout of financial institutions. — But senior lawmakers put forward some of their own ideas for rescuing …
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Before D.C. Gets Our Money, It Owes Us Some Answers — Watching Washington rush to throw taxpayer money at Wall Street has been sobering and a little frightening. — We are being told Treasury Secretary Henry Paulson has a plan which will shift $700 billion in obligations from private companies to the taxpayer.
Discussion:
The Hill's Blog Briefing Room
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Many economists skeptical of bailout — Many of the same economists and opinion-makers who'd provided a bipartisan sheen of consensus to Treasury Secretary Henry Paulson's previous moves have quickly begun casting doubts on the wisdom of a policy that would allow Treasury …
Discussion:
DownWithTyranny!, EconoPundit, Open Left, The Peking Duck, The Mahablog and Washington Post
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Paulson Presses Congress to Act On $700 Billion Bailout Plan
Discussion:
MyDD
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Yes, There Are Deeply Angry Democratic Members of Congress — This email is from a lawmaker and it should give you a flavor for what's going on right now in Congress.
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Obama: No blank check for Wall St — CHARLOTTE, N.C. - In his first comments about a $700 billion government bailout package meant to help stabilize Wall Street, Sen. Barack Obama on Sunday stopped short of saying whether he supports the proposal, as he laid out some broad economic goals he believes such a plan should include.
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What Wall Street Should Do To Get Its Blank Check
Discussion:
The Politico, Jonathan Martin's Blogs, THE CUNNING REALIST, Democrats.com, Kevin Drum, Hullabaloo and The Talent Show
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McCain Health-Care Article Fuels New Clash Over Economy
Discussion:
The Raw Story, AMERICAblog News, The Caucus, Prometheus 6, New York Times, Agence France Presse and The Swamp
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All the Candidates' Cars — From the magazine issue dated Sep 29, 2008 — When you have seven homes, that's a lot of garages to fill. After the fuss over the number of residences owned by the two presidential nominees, NEWSWEEK looked into the candidates' cars.
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Mac and I had tropical heat in Rio, says ex — BY HAROLD EMERT IN RIO DE JANEIRO AND PATRICK SULLIVAN IN NEW YORK — While John McCain attended his 50th Naval Academy reunion Saturday, a Brazilian beauty fondly recalled the affair she had with the young “good kissing” midshipman she met a half a century ago.
Discussion:
TBogg
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The Bailout — Everyone should read the actual text of the proposed bailout plan the administration is sending to Congress. It's clearly not a final version (the part about only purchasing from financial institutions headquartered in the US has already been changed, as Kathryn notes below) …
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Bush's Legacy Of Squandering Taxpayer Money — Yesterday, President Bush announced his $700 billion plan to buy out troubled financial institutions. Demanding enormous faith in his administration's stewardship, the plan “would place no restrictions on the administration …
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The Record — Ali Frick rounds up the record of Bush …
Discussion:
Economists for Obama
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Palin draws largest crowd yet for GOP — Sarah Palin tonight attracted the largest crowd yet to any Republican campaign event this cycle, drawing tens of thousands of Floridians out in a conservative-leaning retirement community north of Orlando for a solo rally.
Discussion:
Hot Air
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FBI ACTS!!!... SERVES (suspected) PALIN HACKER DAVID KERNELL WITH SEARCH WARRANT!! — Bummer... Feds break up a party to serve University of Tennessee student David Kernell with a search warrant! — A court date was set for this week. — David is a self-described Obamacrat …
Discussion:
pw, Tennessean.com, The Jawa Report, Pursuing Holiness, www.redstate.com, The Other McCain, Macsmind, American Power, Hot Air and JammieWearingFool
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Interview With Obama, McCain Economic Advisers; Interview With Ron Paul — THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. — WOLF BLITZER, HOST: This is LATE EDITION, the last word in Sunday talk. — BLITZER: A roller coaster week on Wall Street.
Discussion:
Top of the Ticket
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Back in Iraq, Jarred by the Calm — BAGHDAD — At first, I didn't recognize the place. — On Karada Mariam, a street that runs over the Tigris River toward the Green Zone, the Serwan and the Zamboor, two kebab places blown up by suicide bombers in 2006, were crammed with customers.
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Gallup Daily: Obama Leading McCain by 4 Points — Voter preferences similar to Saturday, when Obama led by 6 points — PRINCETON, NJ — Barack Obama continues to lead John McCain in national voter preferences for the presidential election, now by a four percentage point margin, 49% to 45%
Discussion:
MyDD
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Thinking the bailout through — What is this bailout supposed to do? Will it actually serve the purpose? What should we be doing instead? Let's talk. — First, a capsule analysis of the crisis. — 1. It all starts with the bursting of the housing bubble.
Discussion:
JustOneMinute, Firedoglake, Matthew Yglesias, Economist's View, Newshoggers.com, American Footprints and Corrente