Saturday, October 04, 2008

Thursday, October 02, 2008

Lipstick on a pig

I gotta tell ya, those add-ons (increased FDIC insurance, some accounting changes for banks, tax credits for environmental energy sources) do nothing to enhance the basic flaw in the bailout package, namely, that it's a top-down Band-Aid of the problem, and it simply hands off to the next Congress and administration the endemic structural problems of our economy, our stock-market system and, last but not least, our political gridlock. Bush has now found a way to bail out on all the problems his reign created. Two wars, economic chaos, terrorism increasing around the globe, the US reputation in the world in the tank, and America in decline.

Thanks, Bush. Thanks, Congress. Fuck you all.

Tuesday, September 30, 2008

A tipping point?

According to this moment's numbers (because they change each moment) at RealClearPolitics.com, Obama's lead in the national polls is more than five points on average, his electoral college lead is significant and, most tellingly, the betting odds on his winning the election are above 60-40. (Check the figures in the Intrade Market Odds box in the upper right-hand quadrant of the site.) With the upcoming Palin/Biden debate, the "crisis" in the markets, and other messes around the globe, the next few weeks until the election could become ugly for McCain. A debacle like 1964 (Goldwater/LBJ) perhaps? Let's hope so, so that the mean-spirited conservatives are, for at least two decades, once again driven to near-extinction.

Sunday, September 28, 2008