Video: OMG Sarah Palin Interviewed by Katie Couric Again
Crikey! She did it again. You gotta love the answer regarding the stupid comment she made about Sen. Joe Biden’s age … oh, and don’t miss the part where she refuses - or can’t - answer what newspapers or magazines she regularly reads. I thought Palin was supposed to be in the Witness Protection Program until the debate?
Transcript: Palin and McCain Interview, Katie Couric, September 30, 2008
(CBS) CBS News anchor Katie Couric spent much of Sept. 29 behind the scenes of the McCain-Palin campaign speaking with Sen. John McCain and his running mate, Alaska Gov. Sarah Palin. This is an unedited transcript of the interview portions broadcast on Sept. 30.
Katie Couric: Do you consider yourself a feminist? Read more
Transcript: Nancy Pelosi Before Bailout Vote
Filed under: U.S. Congress, U.S. Economy, U.S. Financial Crisis
Much has been said about U.S. House Speaker Nancy Pelosi’s speech in the House chamber before Monday’s failed bailout vote. Republican leaders have used the idiotic argument that some of those in their party who were being counted on to deliver ‘yeas’, instead voted ‘nay’, because they were turned off by the partisan nature of her speech. Cry me a river. If your vote in Congress is dependent on whether or not the leader of the opposition says something partisan on the floor of the House, you’re not fit to serve.
At any rate, here’s what she said.
(Source: Congressional Record)
The SPEAKER pro tempore. The gentlewoman from California is
recognized for 1 minute.
Ms. PELOSI. Thank you very much, Madam Speaker, for recognizing me, Read more
What Crisis? Dow Posts Third Biggest Gain Ever - Most Americans Don’t See the Sky Falling
Filed under: Bush Foreign Policy, George W. Bush, Terrorism, U.S. Congress, U.S. Economy, U.S. Financial Crisis
Look, I know the stock market isn’t “the economy.” But days like this will make it all the more difficult for Washington’s politicians to convince voters that $700 billion should be staked to bailout Wall Street’s financiers.
I was in a meeting today previewing a presentation I developed to communicate with a group of people over a thorny issue. At one point, a colleague said to me, “Pelikan, you’re gonna like this.”
“Are we trying to educate or notify? This first part is good - you’re educating, but then you move to notifying.”
My colleague knew I’d like that feedback because she said she heard a political pundit using the same language to describe how the Bush Administration failed to get public support for the bailout.
I don’t know where she heard that analysis, but it’s good. I still have yet to discuss this whole “crisis” with more than a couple of people who are four-square behind it.
I think that pundit was right. Henry Paulson said just in the last couple of months that the issues in the credit and banking system were “manageable.” Then all of a sudden there’s a plan to make him king of the financial mountain.
There’s another reason why regular folks are skeptical. It’s the rush. The Bush Administration has a very poor record when it comes to public policy decisions hastily rammed down their collective throat:
- WMD & Al-Qaeda running rampant in Iraq - There were no WMD and Al-Qaeda didn’t exist in Iraq until we destabilized the country.
- Patriot Act - Constitution shredded
- U.S. Official Torture Policy - Thanks to Dick Cheney, David Addington and John Yoo, Constitution shredded, treaties pissed on, FBI and Dept of Defense ignored, innocent people tortured along with bad guys who were tortured and gave erroneous information, Amerian moral authority erroded.
Now, 30 days before a presidential election, with less than a week to consider the problem, the Bush Administration wants to fork over $700 billion to investment bankers?
This can’t be good.
Transcript: President Bush Statement on Bailout Failure
Filed under: George W. Bush, U.S. Congress, U.S. Economy, U.S. Financial Crisis
(Source: White House Press Office)
7:34 A.M. EDT
THE PRESIDENT: Good morning. Yesterday, leaders here in Washington reached an extraordinary agreement to deal with an extraordinary problem in our economy. Working closely with my administration, congressional leaders from both parties produced the Emergency Economic Stabilization Act — a bold bill that will help keep the crisis in our financial system from spreading throughout our economy. Read more
John McCain and the Bailout
Filed under: Barack Obama, John McCain, Presidential Campaign 2008, U.S. Congress, U.S. Economy, U.S. Financial Crisis
The truth is, neither Sen. John McCain nor Sen. Barack Obama had any natural affinity to add value to the work of fashioning the bill for the proposed $700 billion bailout of Wall Street. What each did have was the opportunity, as titular heads of their parties, to take the temperature down, reassure and convince holdouts, and stay out of the way.
What wasn’t needed at such a serious time in our nation’s financial history was for either one of them to turn Washington into one more campaign stop. That’s what McCain did.
Today, after the House defeated the bailout bill, McCain released a statement, which said, in part:
I returned to Washington last week to work on a bipartisan rescue plan. It was the only plan at that time on the table but lacked enough support to pass. It also lacked sufficient accountability and transparency to justify expenditure of the taxpayers’ money.
What a pompous ass. Guess what, John? Apparently the plan “lacked enough support to pass” after you left Washington as well. Since well over 100 Republicans voted against the bill, either McCain didn’t work hard enough or he still has a problem with conservatives. Read more
Bailout Downed: Monday Night – Tuesday A.M. Coverage
Filed under: John McCain, Presidential Campaign 2008, U.S. Congress, U.S. Economy, U.S. Financial Crisis
Will We Get a Better Bill?
- Bush & Party Leaders Defied – New York Times
- How voter fury stopped bailout – Wall Street Journal
- Bailout rejected, markets plunge, scramble for answers – Wall Street Journal
- Asian markets nosedive – Times of London
- House leaders vow compromise – Washington Post

- Analysis: House rejection of bailout wounds McCain – Associated Press
- Leaders’ cajoling couldn’t move bailout – Congressional Quarterly
- Selling takes heavy toll on Wall Street – Los Angeles Times
- Stephanopolous: What’s Next? Four Options – ABC News
Bailout DOA on U.S. House Floor
American People - 1 Fat Cats - 0
Their Profits are Theirs, For Awhile, Their Losses Are As Well
- Bailout Fails 228-205 - New York Times
Monday Morning Bailout Blues
Filed under: Barack Obama, John McCain, Presidential Campaign 2008, U.S. Economy, U.S. Financial Crisis
World Markets

- World Markets fall as U.S. seen taking time – Associated Press
- Stocks in Europe, Asia slump – Bloomberg
- European central banks cut sales of gold – Financial Times
- Britain nationalizes Bradford & Bingley – Reuters
U.S. Bailout News
- Lawmakers face difficult vote on Bailout – Washington Post
- Bailout plan in hand, House braces for tough vote – New York Times
- Boehner’s standing with conservatives tested – Congressional Quarterly
- Obama, McCain express cautious support for plan – Washington Post
- On bailout, candidates were surely themselves – New York Times
- Bailout effects to be felt in weeks – Associated Press
- Op-Ed, Paul Krugman: The 3 a.m. call – New York Times
- Lots of money and uncertainty – Washington Post
- Op-Ed, Michael Barone: Do markets work or don’t they? – Washington Times
- Analysis: Dr. Paulson’s tough medicine – Washington Post
- Analysis: First step on a long road – New York Times
- Op-Ed, Lawrence Summers: A bailout is just a start – Washington Post
- Op-Ed, Robert Samuelson: Bankrupt economics – Washington Post
- Op, Ed, Joel Berg: No rescue for the hungry – Washington Post
- Treasury would emerge with vast new powers – New York Times
- Foreclosed properties a suburban headache – Chicago Tribune
- Op-Ed, Clarence Page: How to avoid next bailout – Chicago Tribune
Video: Henry Paulson on ‘60 Minutes’ September 28
Bailout Bill Draft - Read it and Weep
Filed under: U.S. Congress, U.S. Economy, U.S. Financial Crisis
Click Here for a PDF of the Draft Bill (110 Pages)
Transcript: McCain on ABC’s ‘This Week’ with Stephanopolous
Filed under: John McCain, Presidential Campaign 2008, U.S. Economy, U.S. Financial Crisis
(Source: Congressional Quarterly)
Sept. 28, 2008
SPEAKERS: GEORGE STEPHANOPOULOS, HOST; SEN. JOHN MCCAIN, R-ARIZ.
STEPHANOPOULOS: And we are joined this morning by Senator John McCain .
Welcome back to “This Week.”
MCCAIN: Thank you, George.
STEPHANOPOULOS: So Speaker Pelosi hopes to post the details of this deal on the Internet around noon today. Is this something you can be for? Read more
Transcript: David Axelrod, Steve Schmidt on ‘Meet the Press’ September 28
Filed under: Barack Obama, John McCain, Presidential Campaign 2008
(Source: NBC)
MR. TOM BROKAW: Our issues this Sunday: the race for the White House. Two more debates and 37 days to go as both sides make their case and a deal on the financial bailout does seem near. Obama vs. McCain; the top strategists from each campaign square off after the debate. With us, David Axelrod for the Obama campaign and Steve Schmidt for the McCain campaign. Read more
Video: Barack Obama on ‘Face the Nation’ September 28
Filed under: Barack Obama, Presidential Campaign 2008, U.S. Economy, U.S. Financial Crisis
Transcript: Obama on ‘Face the Nation’, September 28
Filed under: Barack Obama, Presidential Campaign 2008

