From our Washington Desk
The following is a transcript from a wishful hearing of the House Financial Services Committee regarding the $25 billion Detroit auto bailout proposal before Congress:
Chairman Barney Frank: I’d like to call on our next witness, Mrs. Oprah Winfrey, to make her opening statement.”
Mrs. Winfrey: “Thank you, Mr. Chairman. While I was not born [...]
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Posted in Politics, tagged google, googol, iPod, iraq war, Lamborghini, Libertarian Party, one trillion, Presidential Rolex watch, Tiffany Diamond Starfish Pendant, trillion, u.s. financial system, u.s/china trade deficit, weapons of mass destruction on October 22, 2008 | 11 Comments »
Martina Portamayou, Chief Political Correspondent
A “trillion” is “in.”
It is, hands down, the hottest number in the American lexicon today, and for good reason. It’s the newest “power word,” kind of like “Weapon of Mass Destruction” used to be. If you know a lot about a trillion dollars, it says something about you. It says you [...]
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Craig Bengle, Washington Bureau Chief
I just don’t have the stomach to watch these debates. Not McCain-Obama. Not Palin-Biden. I’m not sure why, but after half a lifetime in politics, I must have mellowed. I have developed an intense dislike, indeed a squeamishness, of tuning in for the ninety minutes of hand to hand combat these [...]
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Posted in Politics, tagged $700 billion, credit crisis, economic bailout legislation, Emergency Economic Stabilization Act of 2008, financial crisis, financial rescue plan, irs, irs agent, TARP, treasury secretary, troubled asset relief program, u.s. treasury, wall street bailout on September 28, 2008 | 5 Comments »
Craig Bengle, Washington Bureau Chief
I figured something like this would happen, just not so fast.
Now that there is finally agreement on this massive government bailout of Wall Street , a pair of men were seen recently going door to door in our neighborhood with brief cases and clipboards and very serious looks on their faces. [...]
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