All but about 60 Republicans with the help of about 90 Democrats defeated the bailout plan. This is a great day for the American people and freedom. We may not get the bill we want out of this, but it's going to be better. What a screw up by Pelosi and the Democrat leadership. They thought they could force this through on a party line vote, but they didn't want to do that because they knew it would cost them in November. Their goal was to get 110 Republicans to support the plan. Not only did they fall woefully short of that goal, they also failed to get their own Democrats on board. This just shows incompetent Pelosi is.
This is another missed opportunity for McCain. McCain should have been railing against this socialist bailout from the beginning. He could have appeared to be the man who united the Republicans and 90 Democrats against Bush, Obama, Pelosi, and Reid's signal biggest socialist program in history. But took the wrong side. He's a maverick all right - a socialist loser just the rest of the Democrats.
Citigroup buys Wackovia. The market continues to correct for the credit crisis.
NYTimes article from 9/20/1999 explains how Fannie Mae is easing credit restrictions on mortgages so people who previously couldn't qualify for loans, people with bad credit, can now get a mortgage. How'd that work out for us?
Boortz has a transcript of the first debate.
Obama is attempting to get Missouri police to respond to what Obama thinks are inaccurate or misleading ads. This is an attempt to get the police to intimidate his opponents pure and simple. Missouri's governor had a thing or two to say about Obama's attempt to intimidate Missouri voters. Boortz is right when he points out that if Obama is this obvious about using government power to intimidate opponents when he's just a candidate, imagine how much he'll use government to intimidate opponents if he becomes president.
Obama shamelessly flip-flops on missile defense, counting on his buddies in the mainstream media to cover it up for him.
Monday, September 29, 2008
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