Archive for the ‘bailout’ Category

Why the fear of General Motors going under? The demand for cars would remain the same, so the lost manufacturing would have to be replaced, wouldn’t it? …while the cries of certain Armageddon would be ear splitting in the event of a GM failure, the U.S. auto sector would actually emerge much healthier thanks to […]


Barack is pressing a bailout for automakers. President-elect Barack Obama would like the government to find additional authority to deal with the liquidity crisis in the American automobile industry, Obama’s transition co-chairman said on Tuesday. The Obama team earlier leaked details of the disagreement over an auto bailout that arose between President Bush and Barack […]


Tight Ship

11Nov08

As tight a ship as the Obama campaign was, we have to assume that any aides to Obama who were briefed on his meeting with the President are leaking details with campaign consent and knowledge. Just hours after President Bush and President-elect Obama met in the Oval Office of the White House, details of their […]


Bursting Obama

16Oct08

You’ll recall that I was suggesting a few days ago that McCain could reclaim control of the campaign narrative by offering confused voters 1) an explanation of why the financial meltdown is happening, and 2) pinning it on Barack. Yesterday, Frank Luntz revealed the most successful negative ad according to his focus groups – it’s […]


Idiot Wind

02Oct08

Harry Reid joined Nancy Pelosi today in being a Democrat with bad judgment in a crisis. Several big life insurance stocks fell sharply Thursday, dragged down by jitters about their role in the credit crisis and fears sparked by a comment from Senate Majority Leader Harry Reid, D-Nev., Wednesday about a potential bankruptcy in the […]


Polls

02Oct08

Yesterday’s Gallup poll showed McCain picking up some ground, cutting Barack’s lead from 8% to 4%. But today’s Rasmussen ticks up a point for Barack. The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows BarackObama attracting 51% of the vote while John McCain earns 44%. This seven-pointadvantage is the largest yet enjoyed by Obama […]


Sick Bastards

01Oct08

These people are sick. Wall Street needs a bailout, and anyone in congress who isn’t brain dead is appalled at the $700B request. So how do Democrats respond to the horror of socializing the financial sector in the new version of the bill? The Senate substitute now runs over 450 pages. And tucked away in […]