ABC/Wash Post Poll: Obama +3 in Virginia

"ABCNews/Washington Post poll in Virginia (September 18-21, 698 LV) shows Obama leading McCain by 3: Obama 49 McCain 46 Overall, McCain now leads Obama by just 1.0% in the RCP Average for Virginia. According to the ABC News/WaPo poll, Obama holds a 10-point lead over...

Financial Weapons Of Mass Destruction

"Financial Weapons Of Mass Destruction photo credit: laffy4k New York Times called the possibility of an AIG liquidation “as close to an extinction-level event as the financial markets have seen since the Great Depression.” We keep hearing that the current...

jaw dropping

"WASHINGTON (AP) -- Struggling to stave off financial catastrophe, the Bush administration on Friday laid out a radical bailout plan with a jawdropping price tag -- a takeover of a half-trillion dollars or more in worthless mortgages and other bad debt held by tottering...

Bush, a Georgie come lately, as always

Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...

US pledges financial rescue plan - BBC

"US pledges financial rescue plan " US officials say they will hammer out a "comprehensive" plan to help ease what has become a global financial crisis. US Treasury Secretary Henry Paulson said after meeting members of Congress that legislation would be required to help rid...

Fed takes heat on AIG from both sides of Congress

The US Federal Reserve took some bashing today from members of Congress who criticized the loan given to AIG yesterday."In what may be a foreshadowing of the sort of questions Fed Chairman Ben Bernanke can expect when he testifies before congressional committees next week,...