The United States Congress lived up to its reputation as a do-nothing body populated by world-class buffoons.
Somehow — unbelievably — the House of Representatives managed to sink the bailout plan.  With the economy teetering on a deep recession — some say depression — these guys couldn’t resist the urge to sabotage it in the name of [...]

This is following is ridiculous not only for the fact that Palin doesn’t even seem the be able to defend herself without McCain’s help, but also to the core idea of their argument that the media reporting exactly what Palin said to a voter in context is now somehow “gotcha” journalism.
(UPDATE: Here’s the video)

The following [...]

With the selection of Sarah Palin as his running mate, Presidential candidate John McCain went out of his way to continue the ongoing Republican alignment with conservative Christians. As media outlets have noted, the Alaskan Governor has been a strong proponent of both creationism and abstinence education for public school students.
Ironically, directly after McCain’s selection [...]

Apparently it has to do with her knowledge of Supreme Court decisions…
Of concern to McCain’s campaign, however, is a remaining and still-undisclosed clip from Palin’s interview with Couric last week that has the political world buzzing.
The Palin aide, after first noting how “infuriating” it was for CBS to purportedly leak word about the gaffe, [...]

I’m not joking…
Palin heads to McCain’s cabin in Arizona today to prepare for her Thursday debate, and while she’s there she’ll do a round of conservative talk radio interviews. [...]
Rush Limbaugh, who hosts the most popular radio show in the country, noted in an e-mail that he doesn’t invite guests on and alluded to his [...]

True, Rasmussen’s numbers still include a great deal who are undecided on the matter, but once they see this 777 point drop in the Dow today which wiped out ANY gains from Bush’s entire 8 years as President, I’m thinking they’re start to reconsider.
From Rasmussen:
As Congress prepares to vote on a proposed economic rescue plan, [...]

How long before the finger pointing begins in earnest in Washington? With the Dow recording a 780 point drop, the biggest point drop in Wall Street history, there are going to be a lot of questions as to why Congress can’t pass a bailout bill.
I understand that members of the House do not want to [...]

A direct effect on Main Street and all those small businesses we say we want to help out.

Does this mean that all of those smaller companies will be a lot easier for the bigger companies to snap up?

Yet another naysayer reverses course.
Gee, I wonder why…
Former House Speaker Newt Gingrich reversed course on Monday, issuing a statement saying that if he were still in office he would “reluctantly and sadly” support the $700 billion Wall Street bailout bill.
Gingrich, who led the charge against the bailout last week, explained his change in position by [...]

To put this in perspective, this drop is worse than the day after 9/11.
MSNBC has more on this mess…

I hope they pass this bill soon.

McCain and House Republicans blame Obama and the Democrats.
Obama doesn’t really blame anybody and calls for calm.
Meanwhile…the quote that could very well sink McCain in all of this came from his top campaign strategist, Steve Schmidt yesterday on Meet The Press…
“What Senator McCain was able to do was to help bring all of the parties [...]

Apparently, there’s still no agreement on a bailout plan as the House of Representatives failed to pass the bill. The stock market has responded by dropping over 500 points as the entire financial system holds its breath to see what happens.
The bill wasn’t perfect. But I don’t think there is a perfect bill. It’s a [...]

The numbers stay the same as we’re probably seeing a good judge of how voters felt post-debate.

More on the effect of the debate…
The trend on the presidential horserace showed Obama building momentum heading into Friday’s debate, moving from a tie earlier in the week to a five percentage point Obama advantage through Friday interviewing (most [...]

And (yikes!) it’s supposedly worse?
First Kurtz…
And the worst may be yet to come for Palin; sources say CBS has two more responses on tape that will likely prove embarrassing.
Then Politico:
A source familiar with CBS News’ plans clarified that this is part of the “Vice Presidential Questions” series with Biden and Palin. The recorded segments [...]

Yes, they went there.

But hey, you can’t say we didn’t warn Palin. I railed against that idiotic “Russia/Alaska” assertion from day one, but the McCain camp continued to push it. And so they have to deal with copious amounts of ridicule and scorn. Not just because the point itself was dumb, but also because Palin [...]

“This bill offends my principles but I’m going to vote for this bill in order to preserve my principles… to preserve [the free enterprise system]. This is a Herbert Hoover moment.. he made mistakes during the Great Depression… Let’s not make those mistakes… If we fail to do the right thing, heaven help us—if we [...]

Listen to him explain the bailout terms in a very easy, straightforward manner.

Does that sound like a bad deal to you?
Also, concerning Palin, I bet Romney wants “Sarah Palin to be Sarah Palin.” Because if she does that, McCain will lose handily and it’ll set up Romney perfectly for a 2012 run when the economy [...]

Since Justin has made a fairly strong and persuasive argument in favor of the bailout bill currently being debated by the house, I offer in response a morning post from my personal blog setting forth the arguments against…..
While it seems likely that the Democratic and Republican Congressional leadership will be successful in hammering the Paulson-Bernake [...]

Note what Cramer says when Pat Buchanan asks why the free market isn’t buying up these mortgages. The fact is there are some first-tier institutions doing it, but none of the second tier. This is why the government needs to step in.
Also note how the executive pay provision may actually hurt the bailout because companies [...]

Okay folks, stake in the ground time.
One of the biggest proponents I’ve seen so far of the bailout plan so far has been the host of CNBC’s Mad Money, Jim Cramer. The point that he has been making, and many other smart folks I’ve been following, is that the “free market” will not touch this [...]