All Posts Tagged With: "New York Times"

Congress May Have A Deal For Bailout

From the New York Times late last night:

WASHINGTON — Congressional leaders and the Bush administration reached a tentative agreement early Sunday on what may become the largest financial bailout in American history, authorizing the Treasury to purchase $700 billion in troubled debt from ailing firms in an extraordinary intervention to prevent widespread economic collapse.

Officials said that Congressional staff members would work through the night to finalize the language of the agreement and draft a bill, and that the bill would be brought to the House floor for a vote on Monday.

The bill includes pay limits for some executives whose firms seek help, aides said. And it requires the government to use its new role as owner of distressed mortgage-backed securities to make


Sarah Palin: “Don’t Blink”

Sarah Palin had her first big interview (6 parts) this week since being selected as John McCain’s running mate.  Paul F. Villareal made the video’s available at YouTube.

Of course, ABC played it for as much air time as they could… including repeating sections of the interview on 20/20 last night.

Let’s see, Thursday “World News”, Thursday “Nightline”, Friday “World News”, Friday “20/20”, Friday “Nightline”.  I’m assuming the advertising dollars were substantial.  If the new season of “Lost” had started by now, they might have included bits of the interview there as well.  I suppose they still can.

I’ve watched all of them, and my impression is:

  1. Sarah showed she can handle herself just fine.
  2. Palin is ready to take and articulate her positions and

GOP Convention Day 1 Preview: Bare Bones

Due to events surrounding the imminent landfall of hurricane Gustav, Monday’s Republican National Convention activities will be toned down substantially. John McCain has requested that only the minimum required activities under the Party’s rules be conducted, eliminating prime-time broadcasting… official business probably only running from 3:00 PM to 5:30 PM.

President Bush and Vice-President Cheney will not be showing up for the convention as they stay focused on the pressing impact of the weather in the Gulf.  President Bush had been scheduled to speak on Monday night.

The New York Times story tells us:

Amid extraordinary circumstances that remain extremely uncertain, many questions remain unanswered, including whether Mr. McCain and Mrs. Palin will actually appear at the convention here to accept their party’s nominations and


Bloomberg Disappoints Dozens…

… by announcing he won’t run for President.

What a non-announcement.  I think I should probably announce that I’m not running for president as well.  How about you?  Have you announced yet?

Bloomberg said in a New York Times op-ed piece, titled “I’m Not Running for President, but …,” that he has listened carefully to those who encouraged him to make a bid for the White House but that he is not and will not be a candidate for president.

I know he’s an independent, but what can he really add?  He’s always living in Giuliani’s shadow, and running for president would be one more example of that.

Oh well, nice of him to let us know.

And I appreciate the update from my …


Stupid is… Easy!

It is so easy, especially when you aren’t tightly scripted, to say things that just don’t come out the way you mean them to.

  • John McCain: When asked what will happen if he can’t convince the American public that the war in Iraq is succeeding, he said “Then I lose.” I don’t have a problem with this answer, because it’s true. John’s mistake here, in my opinion, is attempting to retract the statement. It’s one thing to say something that pundits will have fun with, it’s another to react so dramatically so as to give the pundits not just credence on the point, but additional fire power.
  • Hillary Clinton: “Shame on you!” Very tepid and unnatural? Bring back Bill, at least he knows

The NY Times Is Wrong, Just Like CBS

I want to be sure we’re not too dismissive about this whole debacle with the New York Times piece that showed up on the web yesterday and presumably in the print edition today. Rather, let’s just look at how it compares to some things in the past.

First off, again, I’m not a big fan of John McCain. You will, however, need substantially better evidence than an indirect version of Dan Rather’s George W. Bush National Guard Letters story, which as you recall was discovered to be a fabrication.

The Dan Rather fiasco is the first major point to consider. Dan had what appeared to be incontrovertible evidence of manipulation by the Bush family to keep George W. out of trouble, and the whole affair …


FISA Passes the Senate

I’ve got to assume that what we needed has passed the Senate (and will eventually in the House) since the New York Times website headline reads: “Senate Passes Bill to Expand U.S. Spying Powers”. I usually figure I’m getting what I need when the Times tries to make it sound bad.

Senator Christopher J. Dodd of Connecticut, who spoke on the Senate floor for more than 20 hours in an unsuccessful effort to stall the wiretapping bill, said the vote would be remembered by future generations as a test of whether the country heeds “the rule of law or the rule of men.”

But with Democrats defecting to the White House plan, he acknowledged that the national security issue had won the day in the


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