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...

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...

McCain To Attend Tonight’s Debate

by Art Smith

A short while ago it was announced that John McCain would participate in the debate planned tonight at the University of Mississippi.  Both McCain and Obama are getting ready to fly out of Washington shortly. McCain believes, evidently, that enough progress is being...

Barack Obama: Follower

by Art Smith

Does it not bother anyone that Senator Obama’s response to the biggest financial crisis in the world in nearly 80 years is to say “If I can be helpful, I’m available”???  Is that what someone who wants to be the leader of the free world should...

McCain Will Suspend Campaign, Requests Postponing Debate

by Art Smith

John McCain today announced he is suspending his campaign while he works in Congress to resolve the current economic crisis.  He also asked that the debate scheduled for this Friday night be postponed. Here are John’s remarks made today in New York City...