CNN: Senate makes risky move on bailout →
The Senate plans to vote on the $700 billion bank rescue plan Wednesday evening — two days after the House failed to pass it, leaders from both parties announced late Tuesday. In a surprising and potentially risky move, the Senate is adding an enhanced version of the failed bill to an existing revenue bill that the House also rejected Monday. Risky moves? Doubling down? Who the hell let...
I've Got a Fever, and the Only Prescription Is...
- On tonight’s episode of My Liberal Friend Katie, Palin took on social issues. No abortion no exception; God created evolution; you can pray the gay away; yada, yada, yada. - Couric asked Palin three times to name a magazine or newspaper she read regularly to stay informed, and Palin, a journalism major, couldn’t name a single one. - Hugh Hewitt also had the pleasure of...
Reuters: Market claws back on bailout revival... →
U.S. stocks on Tuesday clawed back from Wall Street’s worst slide in more than 20 years, as investors bet that Washington would still pass a plan to stabilize the U.S. financial sector despite Monday’s defeat. Sound the Oll Klear? Not just yet. Andrew Sullivan posted a letter he got from a retired Wall Street advisor who offers two possibilities for the bounce: 1- “Dead...
Vintage SNL: “Reliable Investments” commercial feat. Alec Baldwin. (via.)
The gift that keeps on giving: Palin to Katie Couric: Biden’s the experience candidate. I am not. (via.)
Looks like Sarah Palin went back to the principal’s office with her dad.– NRO’s Kathryn Jean Lopez, on the joint McCain-Palin CBS interview. (via.)
Valleywag: Facebook hires Alberto Gonzales's... →
Accused of permitting unwarranted spying on citizens, torture, helping to blow a CIA agent’s cover and firing non-political appointees for political reasons, former U.S. Attorney General Alberto Gonzales left the White House shrouded in ignominy. Facebook just hired his former right-hand man, Ted Ullyot, as its general counsel. Facebook to Privacy Advocates: Drop Dead. (via.)
Alley Insider: Tech Bubble 1.0 Stars: Where Are... →
Don’t forget who made it all possible. (Namely, that dude who dressed up like Peter Pan, and Mahir Çağrı the I KISS YOU!!! guy.)
There's Rumors On Teh Internets: Is Sarah Palin's... →
HuffPo has a slideshow. You be the judge.
Lil’ Bill O’Reilly may be a fucking prick, but he’s just so gosh darn adorable. (via.)
New Video! Jack White and Alicia Keys - “Another Way to Die” This will be the theme song of the next Bond film, Quantum of Solace. Definitely the weirdest duet in the history of music. (via.)
Politico: Biden's strategy: Go easy on Palin →
If Sarah Palin goofs, flounders, stumbles or blunders during her debate against Joe Biden on Thursday night, Biden is going to let it slide. “If she makes a gaffe, he underplays it,” one of the people prepping Biden for his vice presidential debate told me. “At most, he says, ‘I am not sure what Gov. Palin meant there.’” I think we have our first drinking game rule.
Capitol Hill may have rejected the bailout, but that doesn’t mean you should sit idly by while rich people stop eating sushi as much. For less than the price of a cup a coffee a day, you can help keep a poorly managed corporation afloat.
If only this was Hanukkah, the credit markets would last another eight days.– Stephen Colbert, on congress shutting down for Rosh Hashanah, the Jewish New Year.
Palin goes back on CBS for more gaffe time, but brings McCain to shore up the crazy. Doesn’t work out so much. Couric goes right for the jugular, asking about McCain’s disagreement with Palin over the issue of cross-border raids from Afghanistan into Pakistan. McCain calls it a “gotcha sound bite,” which it wasn’t. Ambinder has the bottom line: “How is a pizza...
Throw The Bums A Bailout 2008: So Who's Really...
Rep. Barney Frank responded to GOP complaints that a partisan speech by House Speaker Nancy Pelosi just prior to the bailout vote was to blame for the bill’s failure by saying: “…because somebody hurt their feelings, they decide to punish the country. I mean, I would not have imputed that degree of pettiness and hypersensitivity.” I am having a tough time agreeing with...
WSJ: Dow Suffers Sharpest One-Day Drop Ever →
The Dow Jones Industrial Average plummeted 777.68 points, its biggest one-day drop in history. It ended down 7% at 10365.45, down 9.3% since crisis erupted a few weeks ago on Wall Street following the meltdown of Lehman Brothers Holdings. All 30 of the blue-chip indicator’s components fell Monday. Up next: everyone on Wall St. calls in sick.
Politico: McCain blames Obama for bailout defeat →
From a McCain camp press release: Barack Obama failed to lead, phoned it in, attacked John McCain, and refused to even say if he supported the final bill. Just before the vote, when the outcome was still in doubt, Speaker Pelosi gave a strongly worded partisan speech and poisoned the outcome. This bill failed because Barack Obama and the Democrats put politics ahead of country. As Ben Smith...