Morning Roundup: Around the Web with Buckets of Loot
The treasury department today announced that it will copy Europe's solution to the credit crisis by investing $250 billion for ownership positions in large nine banks, thereby assuring another bumper crop of stock market victims sometime down the line when this temporary fix doesn't work out. (New York Times)
Bloomberg reports that the MSCI World Index continued its ascent today, marking the largest two-day increase since God started putting together the world and everything in it.
Progressives least favorite Dem gets knocked getting knocked for a hundred grand by mistress. (Via The Raw Story)
You write something positive about ACORN, we'll post it. Here's proof.
In the UK, inflation has biggest jump in 16 years. (The Guardian)
Amy Goodman's up on Alternet talking about the damage McCain has done to this racist nation.
The Washington Post goes to India to look at the state of debt collection in the US today.
Demoinesdem at MyDD argues that Obama should aim higher when it comes to renewable energy. We're in mixed company here, so I will merely provide the link.
Since you can never get enough of McCain at an ACORN event (we ran this last night) here again is McCain at an ACORN event, via Marc Ambinder at the Atlantic.
Crooks and Liars brings you: the Clintons! stumping for Obama. Um, Bill Clinton is, er, monstrously good when he wants to be. Seriously.
All right, it's beginning to seem a lot like Christmas: Obama gaining among rural voters.
Josh Marshall notes that McCain did not take questions at a Cape Fear Community College event yesterday and asks, has he taken questions since the Arab flap last week?
- FILED UNDER: Editor Posts, $700 Billion Bailout, Barack Obama, Campaigns, Democratic Party, Economy, Elections, Hillary Clinton, John McCain, Mortgage Crisis, Recession, Rescue Plan, The House, The Senate, Wall street
- October 14, 2008
The Republican way
Watching McCain give two interviews last night.
The first one, "We have got to end these negative ads and talk about the economy".
The second one, "Senator Obama has to come clean about his close "connections" with domestic terrorist Bill Ayers and what those connections mean for the country".
Then, there was the terrific idea by Presidential nominee Obama concerning companies that have shipped jobs overseas about giving tax credits when they bring the job back. Companies want to send labor to China where they don't have to pay health insurance and 401 plus half the labor cost. They believe they can sell the products here. The problem is, if the jobs are gone, there is no way to make money. Ship all the jobs overseas and double duh, who has money to buy? Especially if you are living out of your car. If you have a car.
Sending all labor intensive jobs overseas is an absolutley retarded way to make money. Destroy your base and home for a couple of bucks. Yea, good idea.
- parent
By deanrddOctober 14, 2008 - 8:05am