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By Kim on October 3, 2008
Timothy Garton Ash, writing in The Guardian, has picked it:
Posted in Economics, Levity, Markets, Politics, USA | Tagged American politics, credit crisis, financial markets, GOP, House Republicans, TARP, Thaddeus McCotter, us economy, Wall Street |
By Mark Bahnisch on October 2, 2008
<img src="http://larvatusprodeo.net/wp-content/uploads/2008/10/fdr.jpg" align=left One point of view that’s been expressed about the financial markets crisis can be summed up by something I read at Crooks & Liars today: Have you noticed that every person suddenly knows everything there is to [...]
Posted in Economics, Foreign Elections, Poverty, Sociology, USA | Tagged barack obama, blogosphere, credit crisis, economic policy, economic sociology, Economics, FDR, financial markets, Franklin Delano Roosevelt, Karl Polanyi, New Deal, New New Deal, political economy, Sociology, TARP, us economy, US election 2008, us treasury, USA Election 2008, Wall Street |
By Kim on October 2, 2008
Some Democratic congressfolks have had the intriguing and unorthodox idea that the role of Congress is to legislate. Ian Welsh has the details on the preparation of alternative bills to the Paulson take it or leave it (with bells and [...]
Posted in Economics, Markets, USA | Tagged banks, Congress, credit crisis, David Scott, Elijah Cummings, financial markets, henry paulson, House Democrats, Ian Welsh, interest rates, Lateline, Lloyd Doggett, Malcolm Turnbull, Paul Keating, Peter De Fazio, reserve bank, TARP, us economy, us treasury, Wall Street |
By Kim on October 1, 2008
[I'm borrowing the pun from Michael Bérubé] In the absence of any more “game changing” impulsive madness from Walnuts, all eyes will probably be on the Veeps debate on Friday – although our friends in the House Republicans or more [...]
Posted in Foreign Elections, USA | Tagged Culture Wars, debates, financial markets, GOP, John McCain, mainstream media, Michael Bérubé, Paulson bailout, political strategy, postmodern politics, Rebecca Traister, sarah palin, TARP, US election 2008, USA Election 2008, vice presidential debate, Wall Street |
By Kim on September 30, 2008
The Nancy Pelosi speech that made the Republicans cry: Context in this post about the Congressional rejection of TARP.
Posted in Economics, Foreign Elections, Markets, USA | Tagged Bush administration, credit crisis, financial markets, George W. Bush, GOP, henry paulson, House Democrats, House Republicans, Nancy Pelosi, Paulson bailout, TARP, US election 2008, USA Election 2008, Wall Street |
By tigtog on September 30, 2008
Vote count: Democrats: 141 Yea, 94 Nay Republican: 66 Yea, 132 Nay The Times – Analysis: bailout vote calls Hank Paulson’s bluff Negotiators had worked all weekend to accommodate some of the doubts of conservative Republicans who objected to such [...]
Posted in Disasters, Law, Markets, USA | Tagged bailout, corporate welfare, execs, financial sector, global economy, golden parachutes, hank paulson, meltdown, negotiators, outlay, Republicans, stock market, superficial changes, TARP, taxpayer funds, taxpayers, us treasury secretary, Wall Street |
By Mark Bahnisch on September 29, 2008
The question’s in the air at the moment. In the Australian blogosphere, John Quiggin thinks the financial markets crisis has killed it off, while Nicholas Gruen is (rightly in my view) more skeptical. [In response to commenters, Quiggin goes on [...]
Posted in China, Developing world, Economics, Foreign Elections, Foreign policy, International, Markets, Philosophy, Politics, Sociology, USA, War | Tagged barack obama, Ben bernanke, Bush administration, christopher dodd, credit crisis, economic management, economic sociology, federal reserve, financial markets, henry paulson, market bailout, neoliberalism, political ideologies, political sociology, social democracy, socialism, sovereign wealth funds, sub prime mortgages, TARP, us economy, US election 2008, us treasury, USA Election 2008, Wall Street, Washington consensus |
By Kim on September 28, 2008
The details are a bit sketchy but it appears that agreement has been reached on some version of the Paulson bailout plan. Ian Welsh at Firedoglake, whose coverage of all these shenanigans has been first rate, has the lowdown on [...]
Posted in Economics, Markets, USA | Tagged bailout plan, Congress, financial markets, henry paulson, TARP, us treasury, Wall Street |
By Kim on September 27, 2008
Joe Conason has a devastating critique on McCain’s “bipartisan” “here to help” “campaign suspended” play at Salon: His attempts to game this dangerous situation, his waffling between bipartisanship and ideological rigidity, his shiftiness on the real issues and his obvious [...]
Posted in Foreign Elections, USA | Tagged american election 2008, bailout plan, barack obama, financial markets, John McCain, presidential debates, US election 2008, USA Election 2008, Wall Street |
By Kim on September 26, 2008
It only gets more surreal. You can read about the latest at Crooks & Liars and Firedoglake. None of this is about the economy. It’s about rescuing McCain’s campaign, not Wall Street. But reportedly McCain’s “help” comes down to supporting [...]
Posted in Economics, Foreign Elections, Markets, USA | Tagged american election 2008, financial markets, GOP, henry paulson, John Boehmer, John McCain, Paulson bailout, Republicans, TARP, US election 2008, USA Election 2008, Wall Street |
By Kim on September 25, 2008
<img src="http://larvatusprodeo.net/wp-content/uploads/2008/09/bill_clinton.jpeg" align=left I’m going to go out on a limb here. Bill Clinton is the only genuine political talent that creaking heap of donkeys, the beloved Democratic Party, has produced in an age. Damn that Twenty-Second Amendment. Obama plays [...]
Posted in Economics, Foreign Elections, Markets, USA | Tagged american election 2008, barack obama, Bill Clinton, Bush administration, Democratic Party, Democrats, financial crisis, financial markets, GOP, Henry Farrell, henry paulson, John McCain, US election 2008, USA Election 2008, Wall Street |
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