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Archive for October 1st, 2008

McCain’s Arizona Mansion (VIDEO)

By- Suzie-Q @ 8:45 PM MST

Television tour: The McCains’ Arizona mansion

RAW STORY
Published: Wednesday October 1, 2008

The McCain family’s 13-bedroom, 14.5 bathroom Phoenix compound, on 2.7 acres, is going up for auction this month. CNN calls the mansion “a taste of the good life fit for a king… or a president, perhaps.” The McCains raised their children in the house, whose features includes an air-conditioned playhouse, a swimming pool, Budweiser on tap, ten fireplaces, a six-car garage (with “extra garage”) and 22 flat-screen televisions.

This video is from CNN.com, broadcast October 1, 2008.

Vodpod videos no longer available.

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Senate Has Passed The Bailout Bill 74-25

By- Suzie-Q @ 6:45 PM MST

Senate Bailout Bill Vote Tonight

Huffington Post |  Dave Burdick and Nicholas Graham   |   October 1, 2008 03:36 PM

***UPDATE*** 9:27PM

Senate Passes Bailout Bill 74-25:
The Senate has passed the bailout bill by an overwhelming margin:

After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided passage in the Senate and gaining ground in the House, where Republicans opposition softened.
Senators loaded the economic rescue bill with tax breaks and other sweeteners before passing it by a wide margin, 74-25, a month before the presidential and congressional elections.

In the House, leaders were working feverishly to convert enough opponents of the bill to push it through by Friday, just days after lawmakers there stunningly rejected an earlier version and sent markets plunging around the globe.

***UPDATE*** 8:42PM

Bailout Bill Grows Significantly In Length: The original bailout plan proposed by Treasure Secretary Hank Paulson was a scant 3 pages. It has now swelled to an astonishing 451 pages, and it’s unclear if it will expand even more.
***UPDATE*** 6:07PM

Obama Returns To Senate:
Obama spoke on the Senate floor tonight, voicing his support for the bill as a “necessary but not sufficient step”:

“I understand completely why people would be skeptical when President Bush called for a blank check to solve this problem,” he said.
“There will be time to punish those who set this fire, but now is not the time to argue about how it got set or did the neighbor…leave the stove on,” Obama said. “Right now we want to put out that fire…”

…”This will not solve all our problems,” he said. “It is a necessary but not sufficient step.”

McCain To Vote Yay: McCain signaled he will vote for the bailout:

Both encouraged Americans to back a Wall Street rescue because, as McCain said in Des Moines, Iowa, “Inaction is not an option.” If the bailout passes the Senate, as expected, it would put more pressure on the House to follow suit when it meets again on Thursday.

The $700 billion financial industry bailout bill that failed in the House of Representatives was given something it apparently sorely needed: cover for skittish politicians. As a new version of the bill comes up for vote in the Senate tonight, it arrives with an increase in FDIC insurance from $100,000 to $250,000, as well as tax cuts, both aimed at smoothing over the bill with voters at home.

SENATE BAILOUT BILL FULL TEXT (PDF)

Tying the Wall Street bailout to a Main Street rescue might also help bridge the gap between defeat and passage in the House, considering the small margin in that vote Monday. The FDIC insurance increase draws a straight line from the financial institutions’ failure to the average consumer.

FDIC and Treasury officials asked senators Tuesday night to include a provision in the revised financial-rescue bill that would increase the amount of money the FDIC could borrow from Treasury to $100 billion from $30 billion. But senators decided to take off the cap, authorizing the FDIC to request from the Treasury “a loan or loans in an amount or amounts necessary… without regard to limitations.” The unlimited borrowing authority would last until the end of next year.
The legislation would also increase the government deposit-insurance ceiling for banks and credit unions to $250,000 from $100,000 for most depositors. This means the FDIC would be responsible for insuring a lot more money if more banks fail, which could put extreme pressure on its already low deposit-insurance fund. At the end of the second quarter, the FDIC had roughly $45 billion in its insurance fund to back close to $4.5 trillion in insured deposits.

(more…)

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By- Suzie-Q @ 6:00 PM MST

Palin can’t name a Supreme Court case she disagrees with

Think Progress- By Ali Frick at 7:44 pm

Tonight, CBS’s Katie Couric released her latest interviews with Sen. Joe Biden (D-DE) and Gov. Sarah Palin (R-AK), during which she asked both of them about Roe v. Wade and the Supreme Court. Palin could not identify any other Supreme Court case she disagreed with, but said as Vice President she “wouldn’t be in a position of changing those things” anyway:

Couric: What other Supreme Court decisions do you disagree with?

Palin: Well, let’s see. There’s, of course in the great history of America there have been rulings, that’s never going to be absolute consensus by every American. And there are those issues, again, like Roe v. Wade, where I believe are best held on a state level and addressed there. So you know, going through the history of America, there would be others but …

Couric: Can you think of any?

Palin: Well, I could think of, any again, that could be best dealt with on a more local level. Maybe I would take issue with. But, you know, as mayor, and then as governor and even as a vice president, if I’m so privileged to serve, wouldn’t be in a position of changing those things but in supporting the law of the land as it reads today.

Watch it:

Answering the same question, Biden discussed the Supreme Court case overturning the Violence Against Women Act.

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it’s a good thing todd is a he-man

the candid blogger- my holiday with john mccain

although, since she is ‘corn fed’ and not asian, sarah would probably be fine.

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Sarah Six-Pack Needs To Step Down

By- Bob Cesca @ 6:18 PM EDT

Mike Judge, the creator of King of the Hill and Beavis & Butthead, once told a story on Letterman about how, one day, his Joe Six-pack next-door neighbor was inexplicably removing the back windshield from a 1978 Chevy Nova. So Judge walked out to the parking lot of his apartment building and asked the neighbor, “What are you doing?” And the neighbor gleefully answered, “Huh-huh-huh! Huh-huh! Now it’s like a truck!”

In the freakishly hamfisted world of Sarah Palin, Mike Judge’s neighbor is qualified to be vice president of the United States.

Yesterday, Palin said the following to talk radio wingnut Hugh Hewitt:

“Oh, I think they’re just not used to someone coming in from the outside saying you know what? It’s time that a normal Joe Six-pack American is finally represented in the position of vice presidency, and I think that that’s kind of taken some people off guard, and they’re out of sorts, and they’re ticked off about it.”

There’s so much awfulness in this quote, it’s difficult to know where to begin. Out of sorts? Ticked off? Oh you betcha.

For the last eight dark years we’ve had a president who continues to be framed as a Joe Six-pack type. And it’s been a disaster. No-one, at this point, is disputing the toxicity of the Bush presidency.

(more…)

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Pass This Bailout And You Are Dead In November!

GEF @ 5:58 PM ET

AMERICANS FROM COAST TO COAST ARE LIVID OVER THIS BAILOUT. THERE ARE TWO TYPES OF E-MAILS COMING IN TO SENATORS ON THIS. NO AND HELL NO!

SO ONE WRONG MOVE FROM THE REPUBLICANS OR THE DEMOCRATS ON THIS AND IT COULD COST THEM BADLY IN NOVEMBER! IS OBAMA OR McCAIN WILLING TO RISK IT ?

Monopoly Man

Rep. Paul: ‘Lipstick’ on a Bailout

No matter how you pretty it up, it’s still an ugly mess that Rep. Ron Paul believes will saddle the country with an even bigger debt and leave most Americans worrying about a day of economic reckoning sure to come.

Writing on his congressional Web site before the failed House vote today on the bailout, the Texas Republican, who ran for the presidency, said despite attempts by lawmakers to address constituent concerns about the bill (HR 3997), no amount of “lipstick” improvements would help.

He credited the American people with at least making lawmakers think about their actions. What was a done deal early last week suddenly became a questionable political move this week, thanks to angry e-mail messages, letters and phone calls, to Congress.

“Slowly, like the Titanic turning around, sentiments on the Hill shifted, and we heard congressmen capitulating and changing their tune a little, desperately trying to find ways to salvage the bailout without completely enraging their constituencies,” he wrote.

But Paul predicted — wrongly as it turns out — that the bill would pass

“Inevitably, it appears Congress will call their constituents’ bluff and the bailout will pass, because that is the habit Wall Street and Washington have fallen into,” he said.

Seems Paul was right about one thing, though — no amount of lipstick was enough to turn it into something acceptable for most members.

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AP Poll: Obama takes a 7-point lead over McCain

By LIZ SIDOTI, Associated Press Writer 9 minutes ago

WASHINGTON – Barack Obama has surged to a seven-point lead over John McCain one month before the presidential election, lifted by voters who think the Democrat is better suited to lead the nation through its sudden financial crisis, according to an Associated Press-GfK poll that underscores the mounting concerns of some McCain backers.

Likely voters now back Obama 48-41 percent over McCain, a dramatic shift from an AP-GfK survey that gave the Republican a slight edge nearly three weeks ago, before Wall Street collapsed and sent ripples across worldwide markets. On top of that, unrelated surveys show Obama beating McCain in several battlegrounds, including Ohio, Florida and Pennsylvania — three states critical in the state-by-state fight for the presidency.

Several GOP strategists close to McCain’s campaign privately fret that his chances for victory are starting to slip away.

These Republicans, speaking on condition of anonymity to avoid angering the campaign, point to several factors: Obama’s gains nationally and in traditionally GOP states, no McCain gain from the first debate, McCain’s struggles with economic issues as the financial crisis has unfolded and deepening public skepticism about his running mate, Sarah Palin.

They said McCain’s options for shaking up the race are essentially limited to game-changing performances in the final presidential debates or in Palin’s vice presidential debate with Joe Biden Thursday night. Short of that, they said, McCain can do little but hope Obama stumbles or an outside event breaks the GOP nominee’s way.

Democrats hope Obama is starting to build a lasting lead.

“We have a light optimism,” said David Redlawsk, a delegate to the Democratic National Convention who teaches political science at the University of Iowa. “We’ve already learned in the last several weeks that we can be whipsawed back very, very quickly.”

Not all Republican insiders are pessimistic.

Obama’s failure to achieve a double-digit lead and maintain it “has given a lot of hope to Republicans,” GOP pollster Whit Ayres said. Yet he also allowed, “You can’t have a playing field that leans this heavily toward the Democrats and not be nervous.”

Added Neil Newhouse, also a Republican pollster: “If anybody thinks we’re in for a straightforward next month of this campaign all they have to do is look back at the last 30 days” of topsy turvy developments.

To be sure, the election is still a month away, plenty of time for anything to happen in politics.

Yet the AP-GfK poll shows McCain faces substantial hurdles.

With the perilous financial situation at the forefront of voters’ minds, 60 percent in the survey say it’s more important to them to choose a president who would make the right economic decisions than a commander in chief who would make the right decisions on national security. Obama leads among economic voters, with 63 percent support, while McCain is ahead among security voters, with 73 percent.

As the two senators prepared to vote late Wednesday on the administration’s $700 billion bailout plan, 16 percent of likely voters said they thought McCain hurt negotiations over the proposal when he bolted back to Washington last week to get involved. Just 5 percent thought Obama did damage when he returned after a summons by President Bush to attend a White House meeting on the crisis.

McCain also lost ground among likely voters on experience, though he still leads on the issue, while Obama’s marks ticked up slightly. And McCain slid a bit as voters measured which candidate “cares about people like me,” while Obama gained.

Adding to McCain’s woes, just 25 percent of likely voters say Palin has the right experience to be president if needed, a huge drop from 41 percent in the previous poll last month. She posted an enormous loss in confidence among Republicans; three in four had called her experienced enough before, but not even half say that now.

“If she was running the helm, she wouldn’t know what she’s doing,” said Caitlyn Pardue, a Republican from Rohnert Park, Calif., who decided last week that she probably would vote for Obama after determining that Palin “doesn’t have the breadth of knowledge.” Pardue, 60, called McCain’s selection of Palin “pretty ill-advised” and added: “It shows irresponsibility to me.”

In Port Orange, Fla., Jaimye Strickland just decided this week that she’ll probably support McCain — even though she’s “hoping and praying” he doesn’t end up following Bush’s path. “I’m afraid of Obama,” the Republican, age 56, said. “He doesn’t have the experience that McCain does.” She also said she worries that “he has some Muslim ties,” even though she knows he’s a Christian.

Outwardly, McCain’s campaign expresses optimism, and advisers say they expect the race to reset itself several more times.

But privately some advisers acknowledge the difficult seas he is trying to navigate as the economy dominates the race. The Republican has previously agreed that the subject is not his forte, and historically the party in power loses elections during economic recessions.

Seeking traction, McCain sought to change the story line as the week began by questioning Obama’s character, particularly during a crisis.

“A vote for Senator Obama will leave this country at risk,” McCain said in a scathing speech. “We need a president who will always tell the American people the truth. … Country first or Obama first?”

Efforts also were under way Wednesday that suggested McCain and the Republican National Committee would start ramping up TV advertising — and going on the air in more media markets — to close the spending gap in Florida, Missouri and other key states. Industry officials say Obama is shelling out $13 million this week compared with $11 million by McCain and the RNC combined.

Meanwhile, it appears Obama may be padding his edge in the Electoral College vote count in battleground states.

Polls show he has started pulling away from McCain in pivotal vote-rich states that Democrat John Kerry won four years ago and that McCain has made targets this year, including Michigan and Pennsylvania. Surveys also show that Obama is a few percentage points or more ahead in Ohio and Florida, two critical states that Bush won four years ago and that McCain must retain to have any hope of winning the White House.

Quinnipiac University surveys released Wednesday found that Obama’s support jumped to 50 percent or more in three of those states: Ohio, Florida and Pennsylvania. Combined, they offer 68 of the 270 electoral votes needed for victory on Nov. 4. New CNN/Time/Opinion Research Corp. polls also showed Obama ahead in Nevada, Virginia, Minnesota and Florida, and tied in Missouri.

At the same time, McCain and his Republicans find themselves in the undesirable position of having to defend traditionally GOP states they hadn’t anticipated would be competitive. Obama successfully put Indiana, Virginia and North Carolina into play by pouring money and manpower into the states at levels until recently unmatched by Republicans.

The AP-GfK poll involved telephone interviews of a nationwide sample of 1,160 adults, including 808 likely voters, from Saturday through Tuesday. Interviews were conducted on both landline and cell phones. It has a margin of sampling error of plus or minus 2.9 percentage points, 3.4 percentage points for likely voters.

___

AP Director of Surveys Trevor Tompson, AP News Survey Specialist Dennis Junius and AP writers Stephen Ohlemacher and Christine Simmons contributed to this report.

http://www.ap-gfkpoll.com

TO SEE SOME NEW ELECTORAL MAPS, Click HERE.

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Anti-Obama Sign In Florida Is Offensive (VIDEO)

By- Suzie-Q @ 12:55 PM MST

Anti-Obama sign stirs controversy in Florida

Raw Story- By David Edwards

A Florida man is receiving attention for a sign that is not only offensive and factually inaccurate, it also contains a key misspelling.

Central Florida 13 News reported:

“Neighbors of Andy Lacasse said the sign, which reads ‘Obama Half-Breed Muslin [sic],’ breaches the fine line between free speech and inappropriateness.”

“Lacasse put the sign on his lawn Saturday. A Korean War veteran, he said he was a registered Democrat until Obama won the nomination.”

“Lacasse said he plans to put an even bigger sign in place of the small, handmade one.”

This video is from Central Florida 13 News, broadcast September 30, 2008.

Vodpod videos no longer available.

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Afternoon Jukebox… Should I Stay Or Should I Go?

By- Suzie-Q @ 12:50 PM MST


The Clash – Should I Stay Or Should I Go?

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McCain: “I Always Aspire To Be A Dictator”

posted @ 20:00 BST

Presidential nominee decries congressional rejection of bailout bill

Paul Joseph Watson | Prison Planet | Wednesday, October 1, 2008

During an interview with the Des Moines Register editorial board yesterday, John McCain – presumably making an attempt at humor – said with a completely straight face that he aspired to be a dictator, while decrying the Congressional rejection of the bailout bill.

“I just want to make a comment about the obvious issue and that is the failure of Congress to act yesterday. Its just not acceptable,” said McCain. “This is just a not acceptable situation. I’m not saying this is the perfect answer. If I were dictator, which I always aspire to be, I would write it a little bit differently.”

McCain has urged the Bush administration to bypass the will of Congress and invoke executive orders to pass the bailout bill, along with a further $1 trillion dollar spend on buying up bad mortgage debt.

McCain’s senior economic advisor Douglas Holtz-Eakin has also called on the executive branch to ignore Congress and force through the bailout legislation, which was voted down on Monday. (more…)

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