Bailout Votes Could Hurt Congressional Candidates
WASHINGTON - The nation's economic uncertainty is creating political uncertainty for a few Illinois politicians running for re-election. Congressiona...
WASHINGTON - The nation's economic uncertainty is creating political uncertainty for a few Illinois politicians running for re-election. Congressiona...
Crain's Chicago Business | Greg Hinz and Paul Merrion | Posted 11.03.2008 | Chicago
Collectively holding its nose but voting yes anyhow, the House of Representatives has taken final action on a revised $700-billion financial bailout p...
David Sirota | Posted 11.03.2008 | Politics
The Wall Street bailout bill is a lot of things -- a giveaway, a heist, a legislative manifestation of crony corruption. But it's structure is pure authoritarian capitalism.
AP | TIM PARADIS | Posted 11.03.2008 | Business
NEW YORK — In the end, congressional approval of the government's $700 billion financial rescue plan Friday did little to lift the financial mar...
AP | JOE BEL BRUNO | Posted 11.02.2008 | Business
NEW YORK — Pessimism about a protracted economic downturn washed over the financial markets Thursday, sending stocks plunging and further tighte...
AP | JULIE HIRSCHFELD DAVIS | Posted 11.02.2008 | Business
WASHINGTON — A wave of House converts jumped aboard the $700 billion financial industry bailout Thursday on the eve of a make-or-break second vo...
Tom Donohue | Posted 11.01.2008 | Business
The defeat of the financial rescue plan in the House of Representatives on Monday dealt a needless blow to an already faltering economy. Investors lost $1.2 trillion in wealth.
Wall Street Journal | James Stewart | Posted 11.01.2008 | Business
They're angry and they're not going to take it anymore. That's the message opponents of the proposed financial rescue, now widely derided as a bailou...
Crain's Chicago Business | Paul Merrion | Posted 11.01.2008 | Chicago
Five Illinois Republicans who helped defeat the Bush administration's financial rescue bill are under pressure by the National Assn. of Manufacturers ...
Huffington Post | Rachel Sklar | Posted 11.01.2008 | Media
AP | JULIE HIRSCHFELD DAVIS and CHARLES BABINGTON | Posted 11.01.2008 | Business
WASHINGTON — After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided passage ...
Bill Marovitz | Posted 10.31.2008 | Politics
If I were a McCain strategist, I would find any excuse to keep the bailout proposal from passing and send panic throughout the markets. Then, I would have my favorite presidential candidate ride in, dressed like a white knight.
Doug Schoen | Posted 10.31.2008 | Politics
The recent effort to repair the country's ailing financial system was a perfect opportunity to make historic progress in ending the vicious partisanship that has characterized Washington for decades.
HuffingtonPost.com | Jason Linkins | Posted 10.31.2008 | Politics
Representative James Clyburn came to the defense of House Democrats this morning, telling MSNBC's Joe Scarborough that after all the votes are tallied...
Robert Creamer | Posted 10.31.2008 | Politics
It was the right-wing Republicans who prevented the success of yesterday's publicly unpopular bailout -- and ironically, it will be the fortunes of the right that suffer most as a result. Here's why.
Harry Shearer | Posted 10.30.2008 | Politics
As an American typically ignorant of the arcane ways of the financial wizards, what was missing for me in the scare talk last week was somebody who could put the danger in concrete terms.
Posted 10.30.2008 | Chicago
"The surprise failure of the bailout bill yielded a rare totally mixed roll call from the 19-member Illinois House delegation, with the results mirror...
Ron Suskind | Posted 10.30.2008 | Politics
So, how did we get a war inside the Republican party that may leave the economy in shambles? Look to the end of last week, when McCain made his odd Washington cameo.
Robert Reed | Posted 10.30.2008 | Chicago
If the ultra-conservative GOP wing has a real plan for rescuing this economy then let's see it. If not, then let's go with this plan and move on. But don't insult the country, or waste its time, with this political nonsense and talk of bruised feelings.
HuffingtonPost.com | Sam Stein | Posted 10.30.2008 | Politics
At 5:15 p.m Monday evening, Sen. John McCain addressed a pool of reporters in Ohio, declaring that it was not the appropriate time or place for people...
HuffingtonPost.com | Jason Linkins | Posted 10.30.2008 | Politics
Once the press is finished chewing over whether it was the monolithic left or the monolithic right that doomed the passage of whatever rough beast had...
Time | Posted 10.30.2008 | Politics
I don't blame John McCain for not rounding up enough Republican votes to get this bailout bill through the House of Representatives--he's not a member...
HuffingtonPost.com | Sam Stein | Posted 10.30.2008 | Politics
A prominent GOP strategist said on Monday that John McCain handled his role in the bailout process poorly and would ultimately be hurt politically by ...
Huffington Post | Dave Burdick | Posted 10.30.2008 | Business
Today, the House of Representatives denied the bailout deal negotiated by Treasury Secretary Henry Paulson, President George W. Bush and Congressional...
Jacob Heilbrunn | Posted 10.30.2008 | Politics
So the verdict is in. The House's failure to pass the bailout bill means that George W. Bush's record will not be as bad as Herbert Hoover's. It will be worse.
AP | Dennis Conrad | Posted 11.14.2008 | Chicago