Archive for September, 2008

To Those Who Still Oppose The Bailout…

By Justin Gardner | Related entries in Economy

…listen to Megan McArdle: It is worth noting, in answer to the libertarians who are wary of government intervention in the economy, that if there is a serious crash, we will get even more government intervention in the economy–and intervention that is much less to our liking. That cost has to be weighed in your […]

September 30th, 2008 | Permalink| 22 Comments »

Gallup: Obama Up By 6

By Justin Gardner | Related entries in Barack, McCain, Polls

McCain gains one and Obama loses one to pull this one right in line with Rasmussen’s polling. The thing to take note of isn’t necessarily the spread at this point as it is how low McCain’s numbers are. The Republican convention has proven to be an anomaly at this point, and McCain simply has trouble […]

September 30th, 2008 | Permalink| No Comments »

More Repubs Jump From The Palin Ship

By Justin Gardner | Related entries in Biden, Debates, Palin, Republicans

“I think she has pretty thoroughly — and probably irretrievably — proven that she is not up to the job of being president of the United States. [...] The story of Dan Quayle is he did probably 1,000 smart things as vice president, but his image was locked in and it was very difficult to […]

September 30th, 2008 | Permalink| No Comments »

Raising The FDIC Limit To $250,000

By Justin Gardner | Related entries in Barack, Bush, Economy, McCain, Money

It makes a lot of sense, not the least of which is when folks think their bank is in trouble and they decide to start pulling their money because they don’t think the FDIC will cover them, it creates a “run on the bank” situation that makes a collapse for that particular institution almost inevitable. […]

September 30th, 2008 | Permalink| 6 Comments »

Rasmussen: Voters Split On Bailout 45% For To 44% Against

By Justin Gardner | Related entries in Economy, Polls

And here are the details… Fewer than half (45%) believe the rejection of the economic plan will actually hurt the economy 33% think the media and members of Congress have portrayed the current economic situation as worse than it really is. Just over one-in-five voters (22%) remain undecided. Eighty-eight percent (88%) are following news stories […]

September 30th, 2008 | Permalink| 1 Comment »

Stop Demonizing/Sanctifying Free Market

By Alan Stewart Carl | Related entries in Economy

I keep hearing that the financial crisis is some grand rebuke of free market principles. I also keep hearing that the bailout plan will ruin the free market. What I’m not hearing is what I believe is the most accurate description of the situation: we never had a true free market to begin with. Those […]

September 30th, 2008 | Permalink| 11 Comments »

Rasmussen: Obama Up By 6

By Justin Gardner | Related entries in Barack, McCain, Polls

Obama – 51% McCain – 45% Obama adds one today and he matches his highest number since Rasmussen started polling his matchup with McCain in June. Also, Obama has been at 50% or better for 5 straight days and has hit that mark 12 times. On the other hand McCain has only hit 50% once. […]

September 30th, 2008 | Permalink| 1 Comment »

Bailing on Bush

By donar | Related entries in Bush, Cartoons, Economy, Political Graffiti

Tweet

September 30th, 2008 | Permalink| 1 Comment »

That Pelosi Speech

By Justin Gardner | Related entries in Democrats, Economy, Legislation, McCain, Republicans, Video

Some House Republicans are claiming that the following speech made them change their vote. I’m sorry folks, but that’s hardly the hyperpartisan tour-de-force House Republicans claim it was. Still, was it helpful? No. So, in the end, she probably shouldn’t have made it, but from what I was hearing about this I was expecting some […]

September 29th, 2008 | Permalink| 10 Comments »

Politics as Usual Played a Role in Bailout Bill Failure

By Alan Stewart Carl | Related entries in Congress, Economy, Wall Street

Here’s an interesting fact pulled from the AP about the bailout bill’s failure: Thirteen of the 19 most vulnerable Republicans and Democrats in an Associated Press analysis voted against the bill despite the pleas from President Bush and their party leaders to pass it. The article doesn’t say who these 19 are but this figure […]

September 29th, 2008 | Permalink| 4 Comments »