THREE FOR THREE

LOOSE ENDS 082308_obama_biden.jpg Click here.

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COUNTDOWN TO THE ELECTION

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MORE TO SAY

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THE MESS - - - - - - - - - - - - - - - McSAME

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BUSH'S BRAIN -- AN EMPTY CHAIR

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LOOSE ENDS

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HUFFINGTON POST HEADLINE

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Barack Obama WON the 3rd (2nd Presidential) debate last night.

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DAMN I have got to stop watching Morning Joe on MSNBC. Joe Scarborough has the biggest month on the program and he uses it constantly. Hey Joe give someone else the mic. . . ok.

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The far Right is trying to blame the economy crunch on low-income and minority groups.

While subprime loans deeply penetrated low-income and minority groups, a new study suggests that more upper-income borrowers and more whites took out such loans than any other groups.

Compliance Technologies, a lending-industry consultancy, last month analyzed more than 1.9 million subprime loans originated in 2006, the height of the subprime lending frenzy, and found that roughly 56 percent went to non-Hispanic whites.

Affluent borrowers, those with annual income at least 120 percent of their given area's median income, meanwhile, took out more than 39 percent of the loans.

"I was surprised to see that non-Hispanic whites received more subprime loans than all minority groups combined," said Maurice Jourdain-Earl, a founder and managing director of Compliance Technologies.

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Feds cut the key interest rate to 1.5 percent. Sounds like it's time to do a refi.

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TODAYS BIG NUMBER: 56

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I READ IT IN THE NY TIMES

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BACK IN BLACK

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THE SMOKING GUN OF STUPIDY

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VERY INTERESTING DISCUSSION PART 3 OF 5

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When the collapse of Lehman Brothers set off an unexpected chain reaction that some experts warned could threaten the entire economy, the Bush Administration approached Congress with a three page plan: allow the Treasury to spend $700 billion to purchase the distressed mortgages causing banks so much pain.

Many members of Congress, and the public, balked at the idea of giving Paulson unchecked fiscal powers, but, responding to stern warnings of a financial meltdown, the House created a compromise bill around Paulson's plan, 110 pages long. Despite White House pressure and bi-partisan deal-making, the bill didn't pass. The Senate, which Constitutionally cannot originate appropriations bills, responded by pasting the plan into an existing appropriations bill and adding "sweeteners" — unrelated goodies designed to coax reluctant House members into voting for the bill. The Senate passed the bill, called the "Emergency Economic Stabilization Act of 2008," and on Friday afternoon, the House followed suit, passing the bill 263 to 171, and President Bush signed it into law shortly afterwards.

Georgetown University's legal and finance scholar, Emma Coleman Jordan, joins Bill Moyers to discuss how the bailout bill looks now and what it can and can't accomplish.

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WORST PERSON IN THE WORLD

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Keith Olbermann picks the three worst persons in the world.

McCain mocked his own pork vote.

During the first presidential debate, John McCain lamented how $3 million of "our taxpayers' money" was spent to study the DNA of bears in Montana. In Worst Person in the World, Countdown's Keith Olbermann points that John McCain actually voted for that project.

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DOGS RULE - YOU CAN SEE THE LOVE


THEY NEED YOUR HELP

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* CALL TOLL FREE 1-888-776-0111 and give what you can.

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Click here to go to the ASPCA site.

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PRETTY GOOD JOKES

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FIGHT BETWEEN A CATHOLIC CHURCH AND PRESBYTERIAN CHURCH IN THE SAME TOWN

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GREAT QUOTE

Middle age is the awkward period when Father Time starts catching up with Mother Nature. -- Harold Coffin



MY KIDS

My God I love dogs.

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BTW, what good is a picnic table if you can't lay on it?

Posted by thebscorner at October 8, 2008 02:06 AM