Wednesday, September 17, 2008

U.S. regulators try to find WaMu buyer: report

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This is off Yahoo News: (Reuters) - U.S. federal regulators recently called a number of banks asking if they would consider buying Washingto...

Fundamentally strong?

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John McCain said our economy has been fundamentally strong for this past year: And McCain adviser Phil Gramm still calls Americans a "...
Tuesday, September 16, 2008

Obama campaign ad--Fundamentals

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Here is Barack Obama's campaign ad, attacking John McCain for claiming that the "fundamentals" of the American economy are sti...

Tuesday Night Music Video--REM's It's the End of the World

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With the insanity of Wall Street jitters and presidential campaign jangles, I think it is a great time for a music video. And what is a bet...

Fed loans $85 billion to AIG for 80 percent stake

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Oh My God! This is just--wow! Wow! Wow! From the New York Times: In an extraordinary turn, the Federal Reserve was close to a deal Tuesd...

Daily Palin Headliners

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I don't know what else I can say about Republican vice presidential candidate Sarah Palin, except that she is vindictive, corrupt, disho...

Stocks rise as Fed keeps interest rates steady, pumps $70 billion in financial system

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There is a lot of news coming out on the financial markets today. I'm going to start with the stock market news, where the Dow gained 1...

Alaska Gov. Sarah Palin had tanning bed installed in governor's mansion

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You know, it is one thing for the McCain campaign to be calling Barack Obama an "elitist," or Republican vice presidential candid...

John McCain created the Blackberry, cell phone, and wi-fi

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I really don't know what to say about this. From The Politico, via Americablog: Asked what work John McCain did as chairman of the Sen...

Obama's response to the Wall Street crisis

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I do want to say something about Democratic presidential candidate Barack Obama's response to the Wall Street crisis. This is from The ...

Palin continues to lie on her Bridge to Nowhere

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I found this YouTube video via the Washington Monthly:

McCain proposes a "9/11 style" commission for U.S. economy

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I don't even know where this bizarre McCain pledge will lead to. From ABC News: An angry Sen. John McCain indicated today that as presi...

McCain: The fundamentals of our economy are strong

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In light of the Lehman Brothers bankruptcy, the AIG worries, and the Dow's 500-point drop, it is refreshing to know that Republican pres...

Dow drops 500 points on Lehman bankruptcy, AIG worries

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This is from BusinessWeek.com: On Monday, the Dow Jones industrial average tumbled 504.48 points, or 4.42%, to finish the session at 10,917....
Sunday, September 14, 2008

UBS to write down another $5 billion in second half of year

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The meltdown of Wall Street just continues on. Now UBS is announcing a another $5 billion write down for the second half of the year due to...

Washington Mutual may also be in trouble

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I found several interesting stories on Washington Mutual that makes me wonder if WaMu may also be in serious trouble. The first is this Apr...

American International Group is in trouble, asked the federal government for help

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The financial meltdown on Wall Street is rippling into American International Group. From The Wall Street Journal: Insurer American Interna...

Wall Street gripped by fear

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Fear is now gripping Wall Street. From the New York Times: Fear and greed are the stuff that Wall Street is made of. But inside the great b...

Wall Street teeters, Lehman Brothers in bankruptcy, Merrill Lynch sold to Bank of America

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This was a very bad day for Wall Street. From the New York Times: In one of the most dramatic days in Wall Street’s history, Merrill Lynch...
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Karl Rove admits that John McCain is lying

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It appears that informal McCain adviser Karl Rove is now admitting that John McCain is now lying. From YouTube via ThinkProgress: I especi...