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OK, we are a banana republic — House votes no. Rex Nutting has the best line: House to Wall Street: Drop Dead. He also correctly places the blame and/or credit with House Republicans. For reasons I've already explained, I don't think the Dem leadership was in a position to craft a bill …
Discussion:
Firedoglake, MarketWatch, Corrente, Raising Kaine, Open Left, Deal Journal, The Democratic Daily and The Mahablog
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Stephanopoulos: What's Next? Congress Mulls Four Options — ABC News' George Stephanopoulos reports: There are meetings going on right now on Capitol Hill to try to figure out what to do about the $700 billion Wall Street bailout bill that failed to pass the House today.
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THAT MEAN, NASTY NANCY PELOSI — Here's the Pelosi floor speech that Republicans claim so enraged them that they decided to change their votes on the bailout: — And here is the Republican House leadership laying all the blame at Pelosi's feet:
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Shorter House GOP: We killed the bailout bill because Pelosi hurt our feelings
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Nancy Pelosi's bailout attack speech on the House floor; Update …
Discussion:
Fox News, Hot Air, Scared Monkeys, Gateway Pundit, Stop The ACLU, Riehl World View, Wake up America and Taylor Marsh
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Bailout follows the 10 normal principles for how our government functions
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The New Republic, naked capitalism, CNN, Daily Kos, Guardian, Preemptive Karma, Taylor Marsh and TheZoo
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House Rejects Bailout Package, 228-205; Stocks Plunge
Discussion:
TalkLeft, Swampland, AMERICAblog News, Newshoggers.com, Salon, alicublog, NewsBusters.org, the talking dog, The Reaction, CNNMoney.com, The Caucus, Michael Moore, Emptywheel, Kevin Drum, The Huffington Post, Atlantic Free Press, Gawker, LAist, Guardian, About.com US Liberal Politics, The Moderate Voice, Undiplomatic, Below The Beltway, Neptunus Lex, Capital Gains and Games blogs, Economix, ECHIDNE OF THE SNAKES, marbury, Colorado Independent, Washington Monthly, The Impolitic, Washington Post and About.com US Politics
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Sarah Palin Endorses Hamas — How can it be that some people still pretend that Sarah Palin is suited for high office? This country has never seen someone so comprehensively unprepared for the vice presidency; Dan Quayle was Metternich by comparison. I've watched Sarah Palin's interview …
Discussion:
Salon, Obsidian Wings, Top of the Ticket, Matthew Yglesias, Comments from Left Field, Taylor Marsh and Eunomia
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In reintroduction, Palin to do more interviews and “tell her story” — Tacitly acknowledging criticism that she's been diminished in part by an overly protective media shield, Sarah Palin will take a more forward-leaning approach and do additional interviews in the weeks ahead, a top aide said today.
Discussion:
Ta-Nehisi Coates, TBogg, The Raw Story, CNN, Fighting Liberals, Campaign Silo and Hot Air
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Exclusive: McCain, Palin Answer Critics — Katie Couric Asks Palin If She Contradicted McCain On Pakistan And Her Response To GOP Criticism … Katie Couric: Over the weekend, Gov. Palin, you said the U.S. should absolutely launch cross-border attacks from Afghanistan into Pakistan to …
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‘Substantive’ Press Is Taken for a Spin — OXFORD, Miss. — David Axelrod was surrounded by a pack of camera-toting, mike-wielding, pushing-and-shoving media types, one of whom asked whether his man Barack Obama had been “too nice” in the just-completed debate with John McCain.
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FRED AND GINGER THEY AIN'T — John and Sarah take on Katie Couric ... together:
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AMERICAblog News
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Palin, Couric, ‘gotcha journals,’ cowboys
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Jonathan Martin's Blogs
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McCain takes credit for bill before it loses — Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition - hours before the vote failed and stocks tanked. — The rush to claim he had engineered a victory now looks like a strategic blunder …
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Analysis: House vote against bailout wounds McCain — WASHINGTON - The house always wins, gamblers are warned, and the U.S. House made John McCain pay Monday for his politically risky, high-profile involvement in a financial rescue plan that came crashing down, mainly at the hands of his fellow Republicans.
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McCain's Moment — No one wants to take ownership of the task of rescuing the economy right now. The Bush-Paulson plan has failed. The administration, House Democrats, and House Republicans (above all) have all proved unable to deliver. But there is someone who might be able to save the economy …
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Swing District Congressmen Doomed Bailout — This was predictable, I suppose, but it's remarkable to see how strong a relationship there is between today's failed vote on the bailout and the competitive nature of different House races. — Among 38 incumbent congressmen in races rated as …
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More Bailout Thoughts — WARNING: This stuff is a little bit above …
Discussion:
The Daily Dish
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Fed Pumps Further $630 Billion Into Financial System — Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.
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FOX/Rasmussen Swing State Polling - September 28, 2008 — Overview — Polling this week in Colorado, Florida, Ohio, Pennsylvania, and Virginia shows that Barack Obama has gained a net 3 to 5 percentage points in each state compared to the previous Fox News/ Rasmussen Reports poll.
Discussion:
American Power
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I respectfully dissent — I do not understand why those who've voted no should be labeled “irresponsible.” The senate evidently will not deign to take up this crisis legislation until Wednesday. Meanwhile, even if you don't reject the bill on philosophical grounds (see e.g. …
Discussion:
Power Line
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A READER AT A MAJOR NEWSROOM EMAILS: “Off the record, every suspicion you have about MSM being in the tank for O is true. We have a team of 4 people going thru dumpsters in Alaska and 4 in arizona. Not a single one looking into Acorn, Ayers or Freddiemae. Editor refuses to publish anything …