Obama's Gaffe on India | He ought to be urging India to talk to Pakistan, not cross the border to "catch" the bad guys.
Robert Dreyfuss
Bread, Bombs, and the Big Stimulus | We need a smart and focused inside-outside strategy to revive our frayed social compact -- now more critical than ever.
Katrina vanden Heuvel
Grijalva for Interior Secretary | Obama's considering an outstanding prospect for an important position.
John Nichols
Disappointment in Georgia | Palin's pick, Saxby Chambliss, wins the last Senate election of 2008.
John Nichols
Can you help "Nickie"? | Bringing the abortion debate down to earth
Katha Pollitt
DC to Delhi: Only Our Missiles -- Not Yours | What is Rice going to say to India: only DC not Delhi is allowed to bomb Pakistan?
Laura Flanders
World AIDS Day | How to help in the fight against the AIDS pandemic.
Peter Rothberg
Forget GM's Plan -- Where's The Government's Plan? | Create a demand for green cars.
Jane Hamsher
Is Personnel Policy? | How much do personnel choices reflect the Obama administration's policy direction
Christopher Hayes
RSS
Just because Bernacke and Paulson sit now in the chairs of government doesn't mean they are thinking like government of the people, by the people, and for the people. They are thinking in the way they have always thought and about their life-long colleagues in the financial services and banking industries. There are plenty of other viewpoints and courses of action. "Congress, don't sell us out again", pleads the forlorn US citizen.
Posted by Moderatus at 09/26/2008
Do not bail out Wall Street for the reasons expressed below. Remember The so called Federal Reserve is not Federal. It needs to be changed.
http://transcripts.cnn.com/TRANSCRIPTS/0809/26/ldt.01.html
No bail out for those who were responsible for greed [transcripts.cnn.com]
LOU DOBBS TONIGHT
The Wall Street Bailout Plan
Aired September 26, 2008 - 19:00 ET
Posted by Rese at 09/27/2008
The "bailout" must be done. People's first response is to let Wall Street die for their sins. But if the credit market freezes up everyone will get hurt. There will be massive job loses in the auto industry when people cannot get credit.
Posted by Redneck4Bako at 09/27/2008
Take time and get it right, and put emphasis on STOPPING INFLATION.
Posted by David James at 09/27/2008
While the tendancy is to blame Wallstreet for all this, it is a mistake to forget the genisus. When congress decreed that lending institutions must give people a home loan, who would not normally qualify, they setup the formula for disaster. The lending institutions started making huge profits while realestate values were increasing but what goes up in the market will, at some point go down. Couple this with personal greed plus the stupid "mark-to-market" requirement...to quote Pogo - "We have seen the enemy and it is us".
Posted by pyeatte at 09/27/2008
Yes let the markets crash. Let the price of oil rise so people can't leave their homes. Bring on the next Great Depression. We have all been spoiled and it is time for a lot of suffering. Maybe we can all start living in caves with their natural geothermal warmth.
Posted by abell12ct at 09/29/2008