Geez. The U.S. government has agreed to guarantee over $300 billion of Citigroup’s troubled assets — loans and securities backed by residential and commercial real estate and other such assets — with conditions attached. These conditions are being hammered out. In addition, the U.S. Treasury will invest $20 billion in Citigroup from the Troubled Asset […]
Booman hits a tone of truthiness that won’t sit well with the blogosphere: James Kirchick likes to crow about how the Netroots don’t matter. There are a few former (Republican and Democrat) office holders that might beg to differ. But, Kirchick is right about one thing. If Obama listened to the Netroots’ advice all the […]
Obama has announced that Robert Gibbs will be his press secretary. This really comes as no surprise. Gibbs will be great in that job. As a reminder of how well he is poised to take over from the line of idiots Bush has had, here is when Gibbs owned Hannity.
Matt Drudge will never change, and is still at it when it comes to trying to misinterpret headlines into something that might enrage the right wing. Here’s the latest example: So HuffPo is getting a “bailout”? Is she part of the financial sector or auto industry? The answer to both is of course “no”. Instead […]
And by home, I of course mean lobbying: Charles R. Black Jr., a top adviser to presidential candidate John McCain, is returning to his former profession: lobbying. Mr. Black will go back to his former lobbying firm, BKSH and Associates, and will resume his old title of chairman. The firm, a subsidiary of WPP Group, […]
Some troubling numbers from Rasmussen: The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, fell four more points on Saturday to once again reach an all-time low. At 60.1, the Index is down three points from yesterday, down fourteen points from a month ago and down thirty-nine points from […]
James Pethokoukis is scared that Daschle means the end of conservatism: The GOP strategist had been joking about the upcoming presidential election and giving his humorous assessments of the candidates. Then he suddenly cut out the schtick and got scary serious. “Let me tell you something, if Democrats take the White House and pass a […]
I really don’t know what to take away from this: The United States has asked four oil-rich Gulf states for close to 300 billion dollars to help it curb the global financial meltdown, Kuwait’s daily Al-Seyassah reported Thursday. Quoting “highly informed” sources, the daily said Washington has asked Saudi Arabia for 120 billion dollars, the […]
Watch as Saxby Chambliss pushes a camera away when asked about his refusal to testify in the Imperial Sugar Co. lawsuit. This guy is just a peach. He not only hates veterans, but also hates reporters. Class act Georgia!