Tag archive for ‘Pelosi’
Why Republicans will likely have to cave on the automaker bailout.
Today, Congress reconvened itself in the “lame duck” session to attempt to force through before the 111th Congress the remaining laundry list of bills that Democratic leaders promised during the October campaigning period. One bill, however, has run into significant opposition - the automakers bailout bill. Despite holding sizable leads in the House and Senate, Democrats are unable to garner sufficient votes to pass the bill. As a result, Speaker of the House Nancy Pelosi has been forced to say, “Just wait” for the 111th Congress. For Republicans, the automaker bailout issue is fraught with peril for a party that is already weakened and attempting to regain both its confidence and its soul.
The Sting: Now that the bail out is law - will it work?
Yesterday, the President signed into law HR 1424, the Emergency Economic Stabilization and Recovery Act, also known as “the bailout bill.” With the stroke of the President’s pen, Uncle Sam entered the financial market with 700 billion dollars in cash and a mandate to buy the crappiest investments that Wall Street can muster. The hope of the politicians who passed the measure is that the massive injection of money by the Treasury will stabilize the mortgage market, stop the free fall in the value of equities, and most importantly, keep the entire fabric of western capitalism from unravelling. We should all be cheering, right?
Eight Reasons McCain’s Debate Delay is Foolish
Nothing good will come of McCain’s suspension of his campaign. He has two choices. He can come to Oxford and mop the floor with that liberal nut-job. Or he can just hand Obama the keys to the White House now.
Can Congress Bailout the US financial System? Should it?
(Washington, D.C. ; Right Commentary): To the American Public, the current financial crisis has many villains but none upon whom clearly to pin the blame. Taxpayers are angry at the notion of having to bail out banks, headed by millionaires, whom they believe cheated them out of values in their homes, and in some cases, [...]
In the end - does Nancy Pelosi decide who’s the next President?
This entire election comes down to the electoral outcome of three states - Colorado, New Hampshire, and Virginia. Virgina’s 13 delegates, New Hampshire’s 4 delegates, and Colorado’s 9 delegates, mean the difference between Obama being elected by 8 delegates, or McCain being elected by 2. Moreover, there is a very distinct possibility that the next [...]
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