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Great expectations and great challenges

Three more great articles from The Economist on this past Tuesday’s election excerpted below. The first article deals with the expectations that President-elect Barack Obama will face once he takes the Oath of Office on January 20th.

Great expectations of Barack Obama | The Economist Nov 6th 2008, From The Economist print edition

Barack [...]

Speeches

This is the John McCain that I once respected, and for whom in years past, I would have considered voting … well , except for the Sarah Palin comments in the middle of the speech. If this had been the John McCain that had been campaigning for the past several months, I feel the election [...]

History

I’m not sure what I’m more excited about.

Barack Obama’s landslide victory tonight? Or the dinner I had with an old friend from high school.

The first was history in the making; the latter is history … but both were extremely pleasant.

It’s time

Sometimes, I really wish I didn’t have to turn to the foreign media to get the best news from an unbiased and objective perspective. The Economist has long been one of those foreign sources of news to which I have turned to get a broader perspective of world events.

The Economist generally has a [...]

Palin Fears Suppression of her First Amendment Rights

Political Radar: Palin Fears Media Threaten Her First Amendment Rights

In a conservative radio interview that aired in Washington, D.C. Friday morning, Republican vice presidential nominee Gov. Sarah Palin said she fears her First Amendment rights may be threatened by “attacks” from reporters who suggest she is engaging in a negative campaign against Barack Obama.

[...]

Colin Powell endorses Barack Obama

Colin Powell endorses Obama – CNN.com

(CNN) — Former Secretary of State Colin Powell announced Sunday that he will be voting for Sen. Barack Obama, citing the Democrat’s “ability to inspire” and the “inclusive nature of his campaign.”

“I think he is a transformational figure, he is a new generation coming onto the world [...]

Going negative doesn’t help

Tonight is going to be the final debate between Barack Obama and John McCain. I wonder if McCain will be able to drop his condescending, petty, mean, attacking manner to actually engage Barack Obama in a fair discussion of the issues, without resorting to distortion and lies.

I doubt it.

Thankfully, McCain’s approach hasn’t [...]

Debate wrap-up

Color me disappointed … I was certainly expecting more from Barack Obama.

Obama, McCain draw contrasts in second debate – CNN.com

(CNN) — Sens. John McCain and Barack Obama went head-to-head on the economy, domestic policy and foreign affairs as they faced off in their second presidential debate.

The debate was set up like a [...]

Round Two

As I noted a couple posts ago, I have officially become a propagandist, by posting and helping to share the Keating Economics documentary video, which goes into John McCain’s connections to Charles Keating, Jr., and the failed savings and loan crisis of the early 1990s.

The fight between the two candidates is getting nasty, with [...]

Text of EESA 2008

Finally, the text of the proposed Emergency Economic Stabilization Act of 2008 (Adobe PDF) has been released.

Summary as follows:

The $700 billion would be disbursed in stages, with $250 billion made available immediately for the Treasury’s use. Curbs will be placed on the compensation of executives at companies that sell mortgage assets to Treasury. [...]