The attempt by Paulson to put a gun to the head of Congress and terrify them into forking over a $700 billion blank check to the Bush administration in 48 hours has failed. Now what?
The McCain camp is living in the past, still thinking that the diplomatic leverage of a White House visit or meeting is so overwhelming that other countries will bow to our will.
By the end of the second day of Thomas Muthee's sermons at Wasilla Assembly of God, the church had been tipped off about me, the liberal media member in its midst.
This is a huge boondoggle waiting to happen. If we give all of this authority to the Paulson we will live to regret it in a big way. And so will our children.
You're not fooling anyone, Bill, and it's not going unnoticed. We see your rage -- it's too huge to hide. We see that it pains you to even speak Obama's name.
In the battle over the proper role of government, the high priests of the church of the Free Market -- including Bush, Paulson, and the Masters of Wall Street -- have suffered a monumental defeat. So why are we allowing them to dictate the terms of their surrender?
As the Secretary of the Treasury, Paulson insists that we give Goldman Sachs a lot of money, in exchange for a lot of crap. (If not, we all die.) Except it's not his money, it's ours.
The bailout plan is likely to pass, not because it's good, but simply because all of us -- Senators included -- are vulnerable of a potent cognitive fallacy known as anchoring.
This year the millions of voters excited about voting for Barack Obama will more than likely be counterbalanced by the millions of voters excited about stopping Obama.
The marriage of highly concentrated corporate power with an authoritarian state that services the politico-economic elite at the expense of the people is more accurately referred to as "financial fascism."
You see, Henry is that good that just one photo op sit-down can make anyone competent in foreign policy. Especially any unreasonably confident person.
A sure indicator of public sentiment against the Paulson plan was the rapid spread of emails and websites poking fun at it. One email purporting to be from Paulson imitated the Nigerian scam emails that beg for cash.
In the Bronx in the '70s, slumlords bought up apartment buildings, then hired arsonists to burn them down so that they could pocket the insurance money. Who was left homeless? As with this bailout, not the slumlords.
