Month: September 2008

H/T Beldar

Now that John McCain has suspended his campaign and postponed his appearance in the debate, it appears that Barack Obama is planning to go it alone: Sen. Lindsey Graham, R-S.C., McCain’s representative in debate negotiations, told The Associated Press that McCain will not attend the debate unless there is agreement on a solution that is…

Obama is going to have to raise a lot of money to maintain his required burn rate. His efforts should keep the television advertising business out of recession for a few more months. Democrat Barack Obama’s campaign has budgeted $39 million to win Florida, and that’s just one of several “robust” set asides for swing…

Mr. Obama, who already has had a Johnson problem, is sticking his oar back in the same waters. Former Fannie Mae chairman Jim Johnson was dumped from Obama’s vice presidential search team, but he’s still playing a behind-the-scenes role on the campaign. Former Senator Tom Daschle, a top Obama backer, emailed a select list this…

If we were going to face the conditions which might trigger another Depression, we couldn’t pick a better man to possibly prevent it than Ben Bernanke: Bernanke is particularly interested in the economic and political causes of the Great Depression, on which he has written extensively. On Milton Friedman’s ninetieth birthday, November 8, 2002, he…

That Obama has all the best friends. A founding member of the campaign of Democratic presidential nominee Sen. Barack Obama of Illinois met in New York City tonight with Iranian President Mahmoud Ahmadinejad. Jodie Evans, who co-hosted Obama’s first major fundraiser in Hollywood in February 2007 just after Obama announced his candidacy and is a…

The biggest story of the campaign is that a man running for president was not only a close associate, but was quite possibly even a protege of an unrepentant terrorist. It’s huge, rapidly unfolding news, but aside from yesterday’s WSJ article, it’s still not news to most voters, and I think it’s obvious that the…

Evidently, despite the poll numbers, the Obama Campaign is in melt down mode. The ever popular Jane Pauley, a former NBC regular, is not a big enough draw to get many Obama supporters to come have a look. Quoting from the Times of Northwest Indiana about a panel discussion on the economy: PORTAGE Former television…

I assure you that Democrat assistance for the McCain/Palin team wasn’t intentional. NEW YORK (CBS) ? Politics and diplomacy were not a good mix at Monday’s protest rally against Iran at the United Nations. Hillary Clinton and Sarah Palin didn’t participate in the “Stop Iran Now” rally and there were a lot of hard feelings…

It seems like Mr. Obama has heeded the call of President Bush. WASHINGTON (AP) — With extraordinary stakes on the line, President Bush has invited both presidential candidates and the leaders of the House and Senate to the White House on Thursday in hopes of securing a bill to rescue the economy. Bush took the…

Harry Reid yesterday said McCain’s help with the financial crisis was essential. According to a McCain adviser: “Yesterday, Harry Reid said that consensus couldn’t be achieved without John McCain’s leadership. John stepped up and is providing that leadership. Today the Senator from Nevada changed his tune. A Democrat tells ABC News that, in a phone…

John McCain suspends campaign asks Obama to do the same. U.S. Republican presidential candidate John McCain will suspended his campaign tomorrow to work on the U.S. economy. He has also requested a postponement of this Friday’s presidential debate. In addition, McCain has asked Democratic presidential candidate Barack Obama to join him in setting aside campaigning…

There were a couple of things that came up in comments that I thought bear repeating in a separate post. One is this: check out the view of an economist I’ve been reading for a long time and whom I trust, Arnold Kling. Bottom line: The risks of enacting the plan are far worse than…

Our financial troubles are caused by people treating the government as if it was their own piggy bank. And it is quite evident that our current troubles are a case of hogs gone wild. In the past couple of weeks, as the financial crisis has intensified, a new talking point has emerged from the Democrats…

It looks like Sarah Palin has more value as a vote getter than as a fund raiser. John McCain’s campaign is scrapping, rescheduling or offering surrogates for nearly every one of the fundraisers Sarah Palin was to hold this month, instead having her campaign jointly with McCain, prepare for her sole debate next month and…

George Will thinks that in the near-hysteria over how to control the current economic stampede, people are forgetting the big picture: An enormous range of complex judgments will have to be made about who will decide — and by what criteria — to whom money will be directed, and how to value and price the…

How many Eagletons do we need in this election? I mean, no sooner was Sarah Palin’s nomination announced than the liberals went ballistic with Palin/ Eagleton comparisons and predictions. Which went nowhere. It was just a lame attempt to rattle the McCain campaign. So, when I read that poor Tom Eagleton’s political corpse had been…

That’s how the Guardian describes the New York Times revelation that a lobbying firm owned by John McCain’s campaign manager Rick Davis “was being paid $15,000 a month by Freddie Mac until last month.”: The story is this. The lobbying firm of Rick Davis, the manager, was being paid $15,000 a month by Freddie Mac…

From Team Obama: White privilege is being able to claim your experience as a POW has anything at all to do with your fitness for president, while being black and experiencing racism is, as Sarah Palin has referred to it, a “light” burden. And finally, white privilege is the only thing that could possibly allow…

Want to understand what happened? Ace has a very terse and cogent explanation: If the federal government were guaranteeing a trillion new dollars for no-money down car purchases with no credit checks or proof of employment or income, what do you think would happen to the price of cars? They’d triple. For a while. Housing…