Daily Archives: October 8th, 2008

Son and grandson of admirals, married to a heiress… yet absolutely lacking any class, always has….

This may be my breaking point…. (But Tina Fey and Lisa Donovan — that’s something else….)

John Sidney McCain III against the world.

 

The outsider, the maverick....

The outsider, the maverick....

 

Click here for the story.

Click here for the story.

Fact.

Great choice, John Sidney McCain III. Sometimes, no matter how successful you are in someways, you’re still a loser.

This is a joke. The real Palin is a threat to America.

Greenwald goes through the sludge that is Sarah and her ilk….

Link.

Click on image for facts!

 

Ugliness coming….

Faux Bidness Journal:

The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than the home is worth, raising the possibility of a rise in defaults — the very misfortune that touched off the credit crisis last year.

What are the candidates proposing about this? Anything? Can anything being done or is this the inevitable bursting of the Bush/Greenspan inflated bubble?

Silver lining may be that these homeowners go back to rentals and end up with more disposeable income…?

Lessig:

 

It has surprised me that this, the tremor before this recent financial disaster, the Keating Five scandal, has not been at the center of this campaign before. But now, apparently in response to Palin’s suggestion that the fact Obama knows Ayers is relevant to whether he should be president, the Obama campaign has released this very strong 15 minute documentary about the Keating scandal.

For those not old enough to remember, here’s the outline: 5 Senators, all of whom had received campaign funding from Charles Keating, intervene with regulators to get them to overlook criminal behavior by Keating, leading to the collapse of Lincoln Savings, leading to a $3.4 billion bill for Americans. The only one of those 5 Senators to receive both personal and political benefits from Keating: McCain.

Fair? Totally relevant to the question whether the judgment of this candidate is the sort that’s needed at this time. Totally relevant to the basic question whether his philosophy — deregulate — is what this sector needs at this time.

Wise? Not sure. I’m not sure Americans distinguish between hard-hitting-and-fair criticism (which this is) and hard-hitting-and-unfair criticism (which Palin’s is). One might worry that they’re “burn[ing] down the house to roast the pig” but I assume they’ve reckoned that.

But ugly? You bet.

Obama 2008 documentary on the subject: