Congress May Have A Deal For Bailout

by Art Smith

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...

First Presidential Debate: Exercise In Futility, Part 1

by Art Smith

Here’s Part 1 of my assessment of Friday night’s Presidential Debate.  Part 2 will come on Sunday. All I can say is, I was wrong.  Jim Lehrer does want to be the next Tim Russert. I will say, I did not sense any partisanship on Lehrer’s part, but he...

We Interrupt This Election To Congratulate Philadelphia

by Art Smith

The Philadelphia Phillies just clinched (with one game remaining) the Eastern Division after beating the Washington Nationals 4-3.  The New York Mets (as some of you know) is the team I follow, and although they won today, the Phillies had to lose both of their last...

Open Thread For Post-debate Reaction

by Art Smith

Although I would have ideally preferred to provide immediate reaction during and after tonight’s debate, I have a commitment at church that I need to attend to.  Therefore, I’ll be recording the debate and providing feedback on Saturday, hopefully around...

Congress Still Working Out The Bailout

by Art Smith

Congressional leaders are still working through what to do after the stony reception they received from the Administration late Wednesday.  I was much more comfortable (not that I was happy mind you) with the proposal that had been brought to Bush and Paulson. The...