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Rick Davis was a Fannie Mae lobbyist and his job was ensuring deregulation and access to John McCain, they paid him $2 million. “The value that he brought to the relationship was the closeness to Senator McCain and the possibility that Senator McCain was going to run for president again.”  This should put […] They are no longer investment banks.The Federal Reserve voted late on a Sunday night to allow them to be converted to bank holding companies. The Federal Reserve’s approval of their bid to become banks ends the ascendancy of the securities firms, 75 years after Congress separated them from deposit-taking lenders, and caps weeks of chaos […] Wild, almost beyond belief. The U.S. Treasury submitted revised guidance to Congress on its plan a day after first submitting it, as lawmakers and lobbyists push their own ideas. Officials now propose buying what they term troubled assets, without specifying the type, according to a document obtained by Bloomberg News and confirmed by a congressional […] Sent to this blog. Paulsen and congressional Republicans, or the few that will actually vote for this (most will be unwilling to take responsibility for the consequences of their policies), have said that there can’t be any “add ons,” or addition provisions. Fuck that. I don’t really want to trigger a world wide depression (that’s […] Are you ready for the United States financial system to be run the way Iraq is? If you don’t, you’d better call your Congressional representatives on Sunday and tell them to stop this bailout bill. Nothing less than that is at stake. It is time for Barack Obama to step up and lead this country […] Don’t worry, I’m sure that Bush guy will do something. The Bush Administration is trying to panic Congress into writing a blank check. I’m bitterly opposed to this, although it would fit a pattern that goes back to at least September 2001 with Bush and Congress, whether Republicans or Democrats are in the majority. A financial disaster “managed” by adding in a political disaster that […] I will tell you.  His handlers are rapidly switching to all-out racial assault as he descends in the polls.  Mark my words, the next few weeks are going to be the ugliest thing you’ve ever seen in a Presidential campaign. CA fundraisers cancelled WA fundraisers cancelled Palin Dumped from Iran Rally Cancels 9/18 VA Rally Cancels Sunday Miami Rally due to weather – 30% chance of rain Cancelled WY visit to go to UN Tampa Visit Cancelled for second time THIS IS THE WAY YOU DO IT MCCAIN JOKE UPDATE: McCain’s spokesman decided to respond to questions about McCain’s terrible Spain screwup by refusing to admit it was a mistake and instead dissing Spain and its Prime Minister, a bizarrely reckless and stupid move. He has apparently desperately calculated that admitting McCain can’t remember […] |
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