tagged w/ Democrat
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Barack Obama accuses John McCain and Sarah Palin of trying to 'tear down' his campaign by linking him to terroristsBarack Obama accuses John McCain and Sarah Palin of trying to 'tear down'... more
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Joe Biden's spokesman said the Delaware senator would be canceling campaign events Monday and Tuesday in the wake of his mother-in-law's death Sunday.
"Other details will follow, but we appreciate everyone's respect for the family's privacy during this difficult time," wrote Biden spokesman David Wade.
Bonnie Jacobs, Jill Biden's mother, had been sick for a long time and was living in a hospice.
Wade announced Saturday that Sunday and Monday's events were canceled after doctors told the family to stay close by. He said the family is now together at home in Wilmington.
The death comes the same day Biden's son Beau deploys with his National Guard unit to a mobilization station in Texas before a tour in Iraq.Joe Biden's spokesman said the Delaware senator would be canceling campaign... more
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Best political ad ever" "Al Franken Hates Puppies"
The script and visuals:
Narrator: Al Franken sank this ship… crashed these trains… And he hates puppies.
Visual: Al Franken
Sank This Ship!
Crashed These Trains!
Hates Puppies!
Narrator: Norm Coleman’s attacks on Al Franken have gotten pretty ridiculous.
Visual: Coleman’s Ridiculous Attacks
Narrator: The truth? Al Franken overpaid his taxes…and it didn’t cost you a penny.
Visual: Star Tribune
Franken “overpaid what he owed”
– 9/25/08
Narrator: Norm Coleman?
He voted for billions to rebuild Iraq…
Visual: Coleman:
Billions to rebuild Iraq
Narrator: for huge tax breaks to oil companies…
Visual: Coleman:
Huge tax breaks to Oil Companies
Narrator: and against cheaper prescription drugs
Visual: Coleman:
Against cheaper Prescription Drugs
Narrator: And Minnesotans have paid the price.
Visual: Minnesotans have Paid the Price
Narrator: The Democratic Senatorial Campaign Committee is responsible for the content of this advertising.
Visual: Paid for by The Democratic Senatorial Campaign Committee. www.dscc.org. Not authorized by any candidate or candidate’s committee. The Democratic Senatorial Campaign Committee is responsible for the content of this advertizing. Best political ad ever" "Al Franken Hates Puppies"
The script and... more
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when watching tonight's one and only vice presidential debate:
If fate lands her in the driver's seat, will there be a camp to send Sarah Palin so she can be coached on how to respond to questions when an international crisis develops, and she is called upon to meet with world leaders?
Maybe she thinks that because Ronald Reagan started out as an actor, it's okay for the executive branch to be scripted, too.
when watching tonight's one and only vice presidential debate:
If fate lands... more
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By Jayne Lyn Stahl
Back in the early 1930's, another president had a word for the honor society that has run off with our savings, and stock options: "banksters," that's what President Franklin D. Roosevelt called them.
I'm sure Roosevelt would have a thing or two to say about those in public service nowadays who have betrayed the public trust, and figured out a way to immunize themselves in the process, a kind of corruption that would inspire a Shakespearean tragedy.
But, the trick is to connect the dots, and recognize that the difficulties of our financial market are inextricably bound to the disintegration of the social, political, and moral fabric of our society. So far, none of the candidates for president is connecting the dots.
"We need to correct, by drastic means if necessary, the faults in our economic system from
which we now suffer," Franklin Delano Roosevelt said.
President Roosevelt was right. America was an experiment in democracy that was hijacked by a gang of free market capitalists whose ultimate intention has been to institute a monarchy of means, a hierarchy of income, and a class system unparalleled since feudal times. In this, they have succeeded, at great cost to us all and, ultimately, at great cost to themselves, too.
By Jayne Lyn Stahl
Back in the early 1930's, another president had a word for... more
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Quote of the day comes from Congressman Barney Frank who, while talking to reporters today about the House's historic vote to reject the Wall Street bailout, had this to say:
"The Republicans don't trust the administration. It's a Republican revolt against George Bush and John McCain," Barney Frank
Quote of the day comes from Congressman Barney Frank who, while talking to reporters... more
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BRUSSELS, Belgium (AP) -- Dutch-Belgian bank and insurance giant Fortis NV was given a 11.2 billion euro ($16.4 billion) lifeline to avert insolvency as part of a wider bailout plan agreed to by Belgium, the Netherlands and Luxembourg, officials said Sunday.
Belgium's Prime Minister Yves Leterme said the bailout shows account holders and investors that Fortis will not be allowed to fall victim to the global credit crisis.
Leterme announced the deal after weekend talks between the three countries, European Union and national banking officials.
The deal will force the bank -- which has headquarters in both Brussels and the Dutch city of Utrecht -- to sell its stake in Dutch bank ABN Amro, which it partially took over last year. Fortis paid 24 billion euros for its share of ABN.
Fortis Chairman Maurice Lippens will be forced to resign and will be replaced by a candidate from outside the company, Leterme said.
"We have taken up our responsibility, we did not abandon" account holders, Leterme told reporters.
Under the bailout, Belgium will invest 4.7 billion euros ($6.88 billion) and the Netherlands 4 billion euros ($5.86 billion) in Fortis' banking operations in the two countries. In return, they each receive 49 percent ownership in those national arms of the bank.
Luxembourg will invest 2.7 billion euros ($3.95 billion) in the bank's Luxembourg operations, also for a 49 percent stake.
The deal, orchestrated by the three neighboring countries and EU Central Bank chief Jean-Claude Trichet, is meant to restore confidence in the bank before the reopening of markets on Monday after a tumultuous week in which Fortis' shares imploded.
Belgian officials also announced Sunday that they planned to offer better guarantees for all retail deposits at Fortis, the country's largest bank and largest private employer.
Fortis named its third chief executive officer in as many months Friday after insolvency fears caused the company's shares to tumble to 5.18 euros ($7.56), their lowest level in more than a decade. The shares have lost more than three-fourths of their value in the past year.
Fortis denies any imminent solvency problems, but it has been in trouble since it took part in a three-bank consortium last year that acquired ABN Amro in a 70 billion euros ($102.5 billion) deal that was the largest takeover in the history of the banking industry.
BRUSSELS, Belgium (AP) -- Dutch-Belgian bank and insurance giant Fortis NV was given a... more
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Secretary of State Rice become the first Bush administration official to admit that high-level discussion of the use of tortue took place in 2002 and 2003.Secretary of State Rice become the first Bush administration official to admit that... more
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by Jayne Lyn Stahl
On a day when many will have much to say about a man who few understood, or took the time to understand. In this country where we celebrate celebrity, and divest celebrities of their humanity; humanity is, after all, the only thing that matters.
At a time when I, too, like many, can share my Paul Newman stories about his infinite kindness in responding to a query letter with a screenplay enclosed; I can share my own personal experience of his uncommon generosity in returning the script at his own expense, as well as his personal response to invitations I sent to attend writers' forums speaking out against the neo-McCarthyism that had already reared its ugly head back in 2005.
Lots of people have lots of stories about his great humanity, about large endowments to First Amendment activists, and his abiding concern for civil liberties; about his stand against Nixon and reactionary dogs of state, as well as his support for Barack Obama, and justice. But, in the end, there is so much chatter, and so little truth, so anyone who tells us about the world as he sees it will win our hearts. Paul Newman's integrity puts the world to shame.
And, at a time when those who will benefit for generations the most from his philanthropy, too, have their stories to tell, the work he has done to benefit humankind must, and will, continue, and this is, above all else, what Mr. Newman will be remembered for as, in the end, even legends have a short shelf life.
The planet along with every sentient thing says Happy Birthday, Mr. Newman, to a long life forever in our hearts."We are such spendthrifts with our lives. The trick of living is to slip on and off the planet with the least fuss you can muster. I'm not running for sainthood. I just happen to think that in life we need to be a little like the farmer, who puts back into the soil what he takes out," Paul Newman once told a reporter for The New York Times.
To a good farmer, and a good man, we say only ad astra, Mr. Newman; to the north star, and others, that will surely look to you for light as the planet will continue to look to you for heart.
by Jayne Lyn Stahl
On a day when many will have much to say about a man who few... more
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Youth Radio's Kelly Chau has her heart set on meeting and interviewing her favorite political analyst/crush, but she doesn't fully have the skills or courage to do it. Nate Hadden steps into the scene and gives Kelly a crash course from behind the camera on how to become a good reporter and overcome her fears of reporting.Youth Radio's Kelly Chau has her heart set on meeting and interviewing her... more
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This video is truly inspiring! Cut with scenes from "the Network" this outburst carries with it the message that every lawmaker should be shouting right now in the name of the people they represent, "You've raped us long enough! It's time to pay for your sins and for the American people to prevent this from ever happening again!! We will not let you get away with it!"
Marcy Kaptur has won my heart by telling it how it is! That's some straight-talk that John McCain would never dare attempt.
This video is truly inspiring! Cut with scenes from "the Network" this... more
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WASHINGTON — The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation. It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent warnings from the president and pleas from a Treasury secretary who knelt before the House speaker and appealed for her support.
“If money isn’t loosened up, this sucker could go down,” President Bush declared Thursday as he watched the $700 billion bailout package fall apart before his eyes, according to one person in the room.
It was an implosion that spilled out from behind closed doors into public view in a way rarely seen in Washington.
By 10:30 p.m., after another round of talks, Congressional negotiators gave up for the night and said they would try again on Friday. Left uncertain was the fate of the bailout, which the White House says is urgently needed to fix broken financial and credit markets, as well as whether the first presidential debate would go forward as planned Friday night in Mississippi.
When Congressional leaders and Senators John McCain and Barack Obama, the two major party presidential candidates, trooped to the White House on Thursday afternoon, most signs pointed toward a bipartisan agreement on a grand compromise that could be accepted by all sides and signed into law by the weekend. It was intended to pump billions of dollars into the financial system, restoring liquidity and keeping credit flowing to businesses and consumers.
“We’re in a serious economic crisis,” Mr. Bush told reporters as the meeting began shortly before 4 p.m. in the Cabinet Room, adding, “My hope is we can reach an agreement very shortly.”
But once the doors closed, the smooth-talking House Republican leader, John A. Boehner of Ohio, surprised many in the room by declaring that his caucus could not support the plan to allow the government to buy distressed mortgage assets from ailing financial companies.
Mr. Boehner pressed an alternative that involved a smaller role for the government, and Mr. McCain, whose support of the deal is critical if fellow Republicans are to sign on, declined to take a stand.
The talks broke up in angry recriminations, according to accounts provided by a participant and others who were briefed on the session, and were followed by dueling news conferences and interviews rife with partisan finger-pointing.
Friday morning, on CBS’s “The Early Show,” Representative Barney Frank of Massachusetts, the lead Democratic negotiator, said the bailout had been derailed by internal Republican politics.
“I didn’t know I was going to be the referee for an internal G.O.P. ideological civil war,” Mr. Frank said, according to The A.P.Thursday, in the Roosevelt Room after the session, the Treasury secretary, Henry M. Paulson Jr., literally bent down on one knee as he pleaded with Nancy Pelosi, the House Speaker, not to “blow it up” by withdrawing her party’s support for the package over what Ms. Pelosi derided as a Republican betrayal.
“I didn’t know you were Catholic,” Ms. Pelosi said, a wry reference to Mr. Paulson’s kneeling, according to someone who observed the exchange. She went on: “It’s not me blowing this up, it’s the Republicans.”
Mr. Paulson sighed. “I know. I know.”
It was the very outcome the White House had said it intended to avoid, with partisan presidential politics appearing to trample what had been exceedingly delicate Congressional negotiations.
Senator Christopher J. Dodd, Democrat of Connecticut and chairman of the Senate banking committee, denounced the session as “a rescue plan for John McCain,” and proclaimed it a waste of precious hours that could have been spent negotiating.
........more
WASHINGTON — The day began with an agreement that Washington hoped would end the... more
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John McCain last night was accused of sabotaging the Wall Street bail-out with theatrics that reduced America's credit crisis to a showcase for his presidential leadership capabilities.The furious words for the Republican candidate came from Democrats came after a contentious meeting at the White House between George Bush and congressional leaders meant to seal a deal on a $700bn rescue package. Both McCain and Barack Obama also attended the meeting.The extraordinary session had been called after McCain's stunning announcement on Wednesday that he would suspend his campaign and would seek a delay in tonight's presidential debate to try to personally help steer through a deal on the bail-out. By midday yesterday, congressional leaders said they had reached the outlines of a deal.But that optimism appeared to have dissipated after the White House meeting.Democrats and Republicans said that prospects for a deal vanished after McCain had tried to prod his fellow Republicans in another direction. The breakdown cast new uncertainty over Friday night's presidential debate in Mississippi, as well as the future of the bail-out itself.McCain said he would not attend the debate until a deal is reached. Obama said he would go to the debate, and the University of Mississippi, which is hosting the event, said that it planned to go ahead.Last night, Democrats were scathing of the Republican's posturing, saying he had jeopardised efforts to unite Congress around the plan put forward by the treasury secretary, Hank Paulson."This is the presidential campaign of John McCain undermining what Hank Paulson tells us is essential for the country," said Barney Frank, the Massachusetts congressman who had been leading negotiations for the Democrats. "This is McCain at the last minute getting House Republicans to undermine the Paulson approach."Obama also chided McCain. "When you start injecting presidential politics into delicate negotiations you actually start creating more problems," he said.The anger and uncertainty about the bail-out last night threatened to rebound against McCain's efforts to cast himself as above the political fray when it came to America's credit crisis. McCain had depicted the bail-out negotiations as a crisis requiring his personal attention."I'm an old navy pilot, and I know when a crisis calls for all hands on deck," he said in a speech to the Clinton Global Initiative in New York, before travelling to Washington. "As of this morning, I suspended my campaign. With so much on the line, for America and the world, the debate that matters most right now is taking place in the United States Capitol - and I intend to join it."Obama continued to reject McCain's argument that the gravity of America's financial crisis should put the campaign on hold. "Our election is in 40 days," he said in his speech to the Clinton initiative, delivered from Florida where he was preparing for the debate. "The American people deserve to hear directly from myself and Senator McCain about how we intend to lead our country. The times are too serious to put our campaign on hold, or to ignore the full range of issues that the next president will face."However, it was widely noted that McCain did not even arrive in Washington until after Democratic and Republic leaders announced they had the outlines of a rescue package. He admitted as recently as Tuesday he had not taken the time to even read the plan, according to an NBC transcript distributed by the Obama camp.John McCain last night was accused of sabotaging the Wall Street bail-out with... more
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The White House election could be decided in just 90 minutes. The presidential debate, still scheduled for tonight in Oxford, Mississippi, provides the first opportunity for voters to see John McCain and Barack Obama together and finally make up their minds.
Almost 20% of the electorate are still undecided, according to opinion surveys, and both Democratic and Republican pollsters agree that the debate, set to attract a record television audience, could settle doubts about the two candidates.
In a rare show of consensus, the pollsters agree that the main question Obama has to deal with is whether, given his lack of experience, he is credible as commander-in-chief. The main question about McCain is whether he represents a continuation of President George Bush's administration, which would be fatal for his hopes.
What gives the debate an extra edge is that neither Obama nor McCain, though good communicators, are good debaters. The debate has been further complicated by McCain's political manouevring in the last 48 hours, which has given the Republican candidate an extra edge.
Looking at previous debates, Professor Alan Schroeder, author of Presidential Debates: Fifty Years of High-Risk TV, said: "We never know what is going to happen in live events. The outcome is often different from what we anticipated." The debates offered a rare opportunity to see the candidates when they were not sticking carefully to prepared speeches, he said. "We get a little more sense of the individual and how he behaves under pressure."
The topic for the first debate was switched, as a result of Obama's lobbying, from domestic policy to foreign affairs, mainly because his team was well aware that the biggest question would be the commander-in-chief one - and that most floating voters would make up their mind during the first of the three debates.
Obama has been preparing hard for this, refining his arguments on Iraq (he opposed the invasion), on Iran (he is prepared to negotiate directly with President Mahmoud Ahmadinejad), and a host of other foreign policy issues.
But the debate, despite the topic, will also be about the economy and McCain will claim that he, rather the Democratic candidate, demonstrated leadership on that issue this week by calling on Obama to suspend political campaigning and join McCain in helping to get a government bail-out plan through Congress.
Daniel Schnur, McCain's communications director during the 2000 campaign for the Republican presidential nomination against George Bush, sees the debate as more important for Obama than McCain. "To a large degree, this first debate is about Obama. Voters are intrigued. They are not sure he can handle the challenges. In 90 minutes, he will have the chance to reassure voters that he is comfortable and capable with these issues. I think the first debate will be decisive."
Schnur said McCain could not allow Obama to glide through the debate. He compared the debate to the 1980 one when Ronald Reagan, like Obama, had to persuade voters he was up to the job. "Reagan did not dazzle or dominate, but he reassured voters he could handle high office. It is not a high bar for Obama, unless McCain can throw him off his game."
Can McCain convince voters he will not be a continuation of Bush? Schroeder said Bush would be "lurking as a backdrop to this debate". While McCain would distance himself as much as possible from the president, he expected Obama to raise the Bush question as often as he could.
McCain is one of the few Republicans who can argue with some conviction - given his history as a party dissident - that he offers different policies from those pursued by Bush during the past eight years.
....theres' more...
The White House election could be decided in just 90 minutes. The presidential debate,... more
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The escalating crisis in the global financial system has claimed its biggest victim yet with the collapse last night of the US savings and loan group, Washington Mutual. In America's largest-ever banking failure, Federal regulators seized the group's assets in the early hours of this morning and sold them to JP Morgan Chase for $1.9bn (£1.03bn). Founded in Seattle in 1889 and known as WaMu, the group is the nation's biggest savings and loans company - the US equivalent to a British building society. The deal will make JP Morgan the largest bank in the US, ahead of Bank of America.It is the second time during the credit crunch that JP Morgan has stepped in - in March, it took over Wall Street rival Bear Stearns in a rescue orchestrated by the US Federal Reserve.The face of the global financial industry has changed dramatically in the past fortnight. The US government has taken over mortgage finance giants Fannie Mac and Freddie Mac and bailed out the insurer American International Group for $85bn. Lehman Brothers filed for bankruptcy, and Merrill Lynch has been sold to Bank of America. In Britain, Lloyds TSB has agreed the takeover of the troubled mortgage lender HBOS.Funded by deposits and less exposed to toxic mortgage investments than rivals, JP Morgan and Bank of America have emerged as the big winners in the current crisis. The WaMu deal was masterminded by Sheila Bair, chairman of the Federal Deposit Insurance Corp, on terms that avoid a huge drain on the insurance fund that protects deposits of up to $100,000. Analysts estimate that a WaMu failure could have soaked up half the money in the government insurance fund, forcing a huge increase in the premiums paid to the fund by other banks.The move came as the Bush administration's $700bn bailout plan for the financial sector ran into trouble. The package could have helped WaMu, but regulators decided that waiting any longer "was not a responsible decision to make," Bair said. Customers have rushed to take their money out of WaMu, which has suffered $16.7bn of deposit withdrawals in the last fortnight. The firm held $188bn in deposits as of June, far more than any US bank that has ever failed. WaMu has seen its share price virtually wiped out after it made thousands of mortgage loans that its borrowers cannot repay, saddling it with billions of dollars in bad debts. The company has posted losses for the last three quarters, including a loss of $3.3bn for the most recent quarter, ending in June. It put itself up for sale last week but could not attract any bidders.JP Morgan is buying WaMu's 2,200 branches, its $135bn of deposits and its vast portfolio of troubled mortgage-related investments. The deal does not affect depositors or people with mortgage loans held by WaMu.JP Morgan said it would immediately write down $31bn of those investments and that it would add $3.6bn to its own loss reserves. The company also said it would issue $8bn in common stock this morning before the US markets open, creating a larger capital cushion. JP Morgan's chief executive Jamie Dimon said he was undeterred by WaMu's financial problems. "We're getting franchises of this company for a long period of time," he said. The bank will gain long-desired presence on the west Coast as WaMu's branches are concentrated in California.In March, WaMu rejected an offer of $8 a share from JP Morgan. The company's then-chief executive was subsequently fired.The escalating crisis in the global financial system has claimed its biggest victim... more
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If you have a pulse and an IQ of at least 70, you probably realize that our mainstream press sucks. The silly bitches at the networks (and way too many newspapers, as well) fall all over themselves address the pig/lipstick story. They treat the price of John Edwards’ latest haircut like they would news that Lower Fucktardistan just nuked Annandale (although they don’t seem nearly as concerned over John McCain’s $5K celebrity makeover). And their fair and balanced coverage can’t seem to distinguish between the truth and a bald-faced lie.
In short, we know - at an abstract level - that they aren’t telling us the important stories. But … what are those stories that they aren’t telling us? When they send a “reporter” to cover the latest Sarah Palin photo-op, what story have they decided not to cover?
Thanks to Project Censored, whose “objective is training of SSU students in media research and First Amendment issues and the advocacy for, and protection of, free press rights in the United States,” we actually have a concrete, detailed sense of what stories the MSM doesn’t deem fit to print. Each year they release their Top 25 Censored Stories - the most important should-be news events that most people simply aren’t hearing about - and the list never fails to appall. How, we have to ask, can a semi-responsible press organization waste even a second of time on the trivia that passes for news these days (let’s see what FOX has up at the moment … ah, here’s one: “Lesbian Pics Prompt School to Change Yearbook Policy”) when all these other stories - massively important stories that have meaningful implications for the lives of Americans - are ignored?
Here’s this year’s list, and you can click for the stories at the Project Censored page:
# 1. Over One Million Iraqi Deaths Caused by US Occupation
# 2 Security and Prosperity Partnership: Militarized NAFTA
# 3 InfraGard: The FBI Deputizes Business
# 4 ILEA: Is the US Restarting Dirty Wars in Latin America?
# 5 Seizing War Protesters’ Assets
# 6 The Homegrown Terrorism Prevention Act
# 7 Guest Workers Inc.: Fraud and Human Trafficking
# 8 Executive Orders Can Be Changed Secretly
# 9 Iraq and Afghanistan Vets Testify
# 10 APA Complicit in CIA Torture
# 11 El Salvador’s Water Privatization and the Global War on Terror
# 12 Bush Profiteers Collect Billions From No Child Left Behind
# 13 Tracking Billions of Dollars Lost in Iraq
# 14 Mainstreaming Nuclear Waste
# 15 Worldwide Slavery
# 16 Annual Survey on Trade Union Rights
# 17 UN’s Empty Declaration of Indigenous Rights
# 18 Cruelty and Death in Juvenile Detention Centers
# 19 Indigenous Herders and Small Farmers Fight Livestock Extinction
# 20 Marijuana Arrests Set New Record
# 21 NATO Considers “First Strike” Nuclear Option
# 22 CARE Rejects US Food Aid
# 23 FDA Complicit in Pushing Pharmaceutical Drugs
# 24 Japan Questions 9/11 and the Global War on Terror
# 25 Bush’s Real Problem with Eliot Spitzer
If you have a pulse and an IQ of at least 70, you probably realize that our mainstream... more
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By Jayne Lyn Stahl
If Joe Biden wants to come away the clear winner of the first vice presidential debate, he has to beat Sarah Palin at her own game.
Biden can accomplish this simply by saying he has his eye on Cuba from his timeshare in Miami.
By Jayne Lyn Stahl
If Joe Biden wants to come away the clear winner of the first... more
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ABC News' George Stephanopoulos reports: If Republican presidential candidate Sen. John McCain doesn't vote for the Bush administration's $700 billion economic bailout plan, some Republican and Democratic congressional leaders tell ABC News the plan won't pass.
"If McCain doesn't come out for this, it's over," a Top House Republican tells ABC News.
A Democratic leadership source says that White House Chief of Staff Josh Bolten has been told that
Democratic votes will not be there if McCain votes no -- that there is no deal if McCain doesn't go along.
Full article found here
http://blogs.abcnews.com/politicalradar/2008/09/stephanopoulo-4.htmlABC News' George Stephanopoulos reports: If Republican presidential candidate... more
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NEW YORK (Associated Press) — Republican John McCain said Wednesday that he wants to postpone Friday's debate to deal with the nation's financial problems, but Democrat Barack Obama said "it's more important than ever" that the country hear from its next president.The White House rivals maneuvered to claim the leadership role on the financial crisis that has overshadowed their campaign, leaving the question of whether they will hold their first debate Friday in doubt. Obama said he would go ahead with his debate preparations, while McCain said he would stop all advertising, fundraising and other campaign events to return to Washington and work for a bipartisan solution."It's my belief that this is exactly the time when the American people need to hear from the person who in approximately 40 days will be responsible for dealing with this mess," Obama said in a news conference in Clearwater, Fla. "It's going to be part of the president's job to deal with more than one thing at once."NEW YORK (Associated Press) — Republican John McCain said Wednesday that he... more
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Ferocious fear-mongering rhetoric, possible cancellation of presidential election as financial terrorists threaten Americans with chaos unless power-grabbing bailout bill is passed.Paul Joseph WatsonPrison PlanetThursday, September 25, 2008From shying away from even mentioning such terms as “recession,” “unemployment” or “bank failures,” Bush, Bernanke and Paulson are now vigorously invoking the fear of financial meltdown as part of a campaign of economic terror to blackmail the American people into accepting the power-grabbing “bailout,” while John McCain, who last week said the fundamentals of the economy are strong, is now all but threatening to cancel the election should the proposal not receive swift passage.Bush’s speech last night was a throwback to his March 2003 stump before the invasion of Iraq - replace words like “weapons of mass destruction” with “financial panic” and the tone of the two is not dissimilar.Bush rammed home the fear by appealing to people’s personal anxieties.“More banks could fail, including some in your community. The stock market would drop even more, which would reduce the value of your retirement account. The value of your home could plummet. Foreclosures would rise dramatically,” barked the President.“And if you own a business or a farm, you would find it harder and more expensive to get credit. More businesses would close their doors, and millions of Americans could lose their jobs.”Ferocious fear-mongering rhetoric, possible cancellation of presidential election as... more
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