Via Atrios, a NYTimes article about the closure of a “voluntary supervision program” for Wall Street investment banks by the SEC chairman:
“The last six months have made it abundantly clear that voluntary regulation does not work,” [chairman of the Securities and Exchange Commission Christopher Cox] said in a statement. The program “was fundamentally flawed from [...]
… here’s a little twist from Diana Butler Bass over at Progressive Revival:
For most of the twentieth century, American evangelicals and Pentecostals believed that the Anti-Christ would, most likely, come from Russia–as would the army to lead the Anti-Christ’s legions at the Battle of Armageddon. With great regularity, fundamentalist and Pentecostal pastors identified Soviet [...]
Jamison Foser on Media Matters’ “County Fair” recommends we take the McCain campaign’s announcement with a pound of salt:
This is really simple: John McCain has not suspended his campaign. His campaign staffers are on television, attacking Barack Obama. His ads are still running. His campaign offices are still buzzing with activity.
He. [...]
Fred Clark has already pointed out that Treasury Secretary Henry Paulson’s request to Congress for $700 billion was in the form of a three-page memo, and that at the Congressional hearing the secretary “admitted that he had only a rough idea of how his department would price and purchase toxic mortgage-backed securities” (The Guardian).
Now Forbes.com [...]
George Fox University, a Quaker college in Newberg, Oregon (near Portland) was upset by a racist incident yesterday, when a life-size cardboard image of Barack Obama was found hanging from a tree in the quad with a sign reading “Act Six reject,” referring to a scholarship program which benefits minorities (among others).
Steve Duin, a columnist [...]
I haven’t been able to write about the economic meltdown because it depresses me too profoundly. (I actually teared up at this Pundit Kitchen, as it hit too close to the mark to be funny.) But Eric Sapp at Progressive Revival has an interesting take:
As we contemplate the fact that Republicans are arguing for the [...]
From Tom Toles at the Washington Post.
Ralph Stanley endorses Obama.
The other day I heard an All Things Considered story that explored the connection between race and voter choice in the presidential election. The net out was that all of the black voters in the group planned to vote for Obama, and almost all of the white voters planned to vote for McCain, which I [...]
Tom Tomorrow:
Certainly would be a good time to have some of the $500 billion plus we’ve spent on the Iraq war.
