John McCain: ‘The Fundamentals of Our Economy are Strong’ - 16 times!
“t.F.o.o.E.a.S.’ - say it 16 times after me!
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Biggest Economic Melt Down Since the Great Depression:

Meanwhile - let’s see what the NYTimes Politics Caucus Blog is covering:


And:

In return, the Fed will receive warrants, which give it an ownership stake. All of A.I.G.’s assets will be pledged to secure the loan, these people said.
The Fed’s action was disclosed after Treasury Secretary Henry M. Paulson and Ben S. Bernanke, president of the Federal Reserve, went to Capitol Hill on Tuesday evening to meet with House and Senate leaders. Mr. Paulson called the Senate majority leader, Harry Reid, Democrat of Nevada, about 5 p.m. and asked for a meeting in the Senate leader’s office, which began about 6:30 p.m.
The Federal Reserve and Goldman Sachs and JPMorgan Chase had been trying to arrange a $75 billion loan for A.I.G. to stave off the financial crisis caused by complex debt securities and credit default swaps. The Federal Reserve stepped in after it became clear Tuesday afternoon that the banking consortium would not be able to complete the deal.
Without the help, A.I.G. was expected to be forced to file for bankruptcy protection.
I would have more sympathy for this view if I hadn’t just lived through the last eight years. For if the Bush administration was anything, it was the anti-establishment attitude put into executive practice.
According to the study: “The McCain plan will force millions of Americans into the weakest segment of the private insurance system — the nongroup market — where cost-sharing is high, covered services are limited and people will lose access to benefits they have now.”
And:
You would think that with some of the most venerable houses on Wall Street crumbling like sand castles right before our eyes, we’d be a little wary about spreading this toxic formula even further into the health care system.
But we’re not even paying much attention.
Updated:
In the Collins / Brooks Campaign Conversations today Brooks Gives fresh insight to the column;
At about 4 p.m. yesterday, I was working on an entirely different column when it struck me somehow that it was a total embarrassment. So I switched gears and wrote the one I published. I have no idea why I thought the first one was so bad — I was too close to it to have an objective view. But I reread it today and I was right. It was garbage. I’m not sure I would have had that instinctive sense yesterday if I hadn’t been struggling at this line of work for a while.
Reprehensible on air remarks from Eddie Burke cause radio suspension:
Anchorage AM radio host Eddie Burke has been suspended after broadcasting the phone numbers of women involved in organizing a protest rally against Sarah Palin over the weekend, his station manager said Monday.
In a statement, KBYR-AM 700 station manager Justin McDonald said broadcasting the numbers last week was “breaking station policy.” Burke will be suspended for one week without pay, he said.
“Though I do not agree with some of the comments he made, as a licensee, we attempt to respect everyone’s First Amendment rights, including Eddie Burke’s, our listeners’ and our nonlisteners’,” McDonald’s statement said. “That does not mean I condone inciting violence or harm in any way to people wanting to voice their opinions with peaceful protest.”
DISCUSSION