October 2008 archive

First off it’s October 6th, and most days bring with them a history of the past, much forgotten quickly and lessons not learned.

Here’s just one for today which I’ll call The bush Families & GOP’s Favorite Terrorist Pal, and no it’s not the one nobody thinks about anymore, especially the little bush:

Sarah Palin

Wouldn’t Know The Truth Or A Fact

Even It They Walked Up And Handed Them To Her  

In D.C., few evade blame for financial crisis

Congress had a big hand in oversight failures and deregulation, in part through a philosophy of reducing government’s role. Rep. Waxman begins hearings today.

By Tom Hamburger, Los Angeles Times Staff Writer

October 6, 2008  

WASHINGTON — When Congress voted last week to bail out Wall Street banks and investment houses, members were also indirectly voting to repair damage lawmakers themselves had caused during a decades-long era of deregulation.

As the blame game moves into high gear in Washington, there seem to be few winners. Already under scrutiny are lawmakers from both political parties, Presidents George W. Bush, Bill Clinton and their predecessors, and record amounts of money funneled to Congress from Wall Street and the two government-backed mortgage giants, Fannie Mae and Freddie Mac.

Asian markets plunge on fears crisis is spreading

 

By ALEX KENNEDY, Associated Press Writer  

SINGAPORE – Asian stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears of a global financial crisis that would depress world economic growth.

As the financial turmoil deepened in Europe, Germany on Sunday announced a bailout package totaling 50 billion euros ($69 billion) for Hypo Real Estate, the country’s second-biggest commercial property lender, after a rescue plan by private lenders fell apart. The move was part of a scramble by European governments to save failing banks.

USA

Registration Gains Favor Democrats

Voter Rolls Swelling in Key States

By Alec MacGillis and Alice Crites

Washington Post Staff Writers

Monday, October 6, 2008; Page A01  

As the deadline for voter registration arrives today in many states, Sen. Barack Obama’s campaign is poised to benefit from a wave of newcomers to the rolls in key states in numbers that far outweigh any gains made by Republicans.

In the past year, the rolls have expanded by about 4 million voters in a dozen key states — 11 Obama targets that were carried by George W. Bush in 2004 (Ohio, Florida, Georgia, North Carolina, Virginia, Indiana, Missouri, Colorado, Iowa, Nevada and New Mexico) plus Pennsylvania, the largest state carried by Sen. John F. Kerry that Sen. John McCain is targeting.

Yes, they went there: the LA Times is featuring on its homepage a major story examining a portion of John McCain’s military record:

Mishaps mark John McCain’s record as naval aviator

Here’s the subhead:

Three crashes early in his career led Navy officials to question or fault his judgment. A Times review of his record suggests he was cocky, occasionally cavalier and prone to testing limits.

The once-sacred-cow, the Time Period Of Which We Dare Not Speak, is now fair game for the corporate media.

This cannot be good news for McCain.

I got a computer a little over two years ago I guess, and I found all the conspiracy sites first for some reason. While there is a grain of truth in everything and albeit more truth in such sites than people want to admit or contemplate, I quit visiting them as soon as violence in some manner was overtly suggested in comments in them, as well as some their radio talk shows. Well, no.