John McCain « flahute

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. [...]

Thank you, GOP!

From the New York Times:

Bailout Plan Stalls After Day of Talks; Paulson Heads Back to Capitol Hill – NYTimes.com

WASHINGTON — The status of a rescue plan for the nation’s financial system was in doubt on Thursday, at least for the moment, as lawmakers emerged from a meeting with President Bush to say that [...]

Bush to address nation to push bailout – CNN.com

NEW YORK (CNN) — President Bush will deliver a prime-time televised speech Wednesday night to pressure Congress to pass a $700 billion plan to bail out Wall Street, the White House announced.

Bush’s speech is set to begin at 9:01 p.m. ET and will take just [...]

The Democrats’ plan, presented by John McCain

In yet another signal that John McCain is looking for change in Washington, the Republican presidential candidate urged lawmakers to adopt five improvements, originally suggested by the Democratic Party, to the government’s $700-billion proposed bailout of the US financial system.

Of course, McCain says these are his ideas. But we know the truth.

McCain [...]

What do the candidates propose?

Will candidates’ financial plans work? – CNN.com

(CNN) — In the wake of the country’s financial meltdown, Sens. Barack Obama and John McCain have been telling voters they’ll fix the economy while their opponent would only make it worse.

As the economy dominated voters’ concerns, McCain and Obama stepped up the political blame game and [...]

Wall Street Journal calls John McCain “un-Presidential”

McCain’s Scapegoat – WSJ.com.

John McCain has made it clear this week he doesn’t understand what’s happening on Wall Street any better than Barack Obama does. But on Thursday, he took his populist riffing up a notch and found his scapegoat for financial panic — Christopher Cox, the chairman of the Securities and Exchange Commission.

[...]

Questioning Sarah Palin

Palin takes questions at Michigan town-hall meeting – CNN.com

GRAND RAPIDS, Michigan (CNN) — Republican vice presidential candidate Sarah Palin took questions with her running mate Wednesday night, offering at one point to play “stump the candidate” with a mostly friendly Michigan crowd.

Asked for “specific skills” she could cite to rebut critics who question [...]

Scripting?

Palin to field voters’ questions for first time – CNN.com

GOLDEN, Colorado — After several joint campaign appearances with Sen. John McCain, Alaska Gov. Sarah Palin ventured off last week into solo campaign territory that was tightly controlled — no questions taken.

But for the first time since becoming McCain’s running mate, Palin will take [...]

Ever closer

I know a lot of people are worrying about whether or not Obama is going to be able to pull it off come November …

As things continue to deteriorate, and Sarah Palin continues to act like Dick Cheney with regards to keeping things secret and refusing to cooperate with investigators, the bloom will [...]

Colin Powell undecided

Powell still undecided, says Obama win would be ‘electrifying’ — CNN.com

(CNN) — Former Bush Secretary of State Colin Powell said Monday that he has not yet decided which candidate to back in this year’s presidential race.

The election of an African-American president “would be electrifying,” Powell told a George Washington University audience, “but at [...]

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Text of EESA 2008

Thank you, GOP!

Bush to address nation to push bailout – CNN.com

The Democrats’ plan, presented by John McCain

What do the candidates propose?

Wall Street Journal calls John McCain “un-Presidential”

Questioning Sarah Palin

Scripting?

Ever closer

Colin Powell undecided

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