- The White House’s bailout plan to avoid a financial meltdown suffered one of its own Thursday, as hopes that Congress would pass the $700 billion fix were dashed–by the president’s own party, who refused to send a negotiator to a late-night meeting aimed at working out a deal. I understand the president had to convince Dick Cheney not to take all the dissenters hunting with him…
And that meltown continued to pick up more heat Thursday, as the FDIC seized Washington Mutual and its $307 billion in assets–making it the the biggest banking failure in US history. They were obviously trying to be a financial leader, only I’m pretty sure this wasn’t it…- Among the perks enjoyed by lawmakers in California is all the free gas they need, at a cost to taxpayers of $220,000 so far this year–all while those same lawmakers couldn’t pass a budget with the state facing a $15 billion deficit. Wow–looks like these folks have attended some of those Destroying State Government seminars in Albany…
Presidential candidates Barack Obama and John McCain are still at odds over whether to hold their first debate Friday, with Obama saying he intends to be at the University of Mississippi debate site while McCain–who earlier suggested it be postponed so the two could negotiate a financial rescue plan–is now mum on the subject. I guess he could always send VP nominee Sarah Palin in his place–McCain just has to be sure he gives her a note to say it’s OK…- The GAO, Congress’ official investigator, claims the FDA’s efforts to control food-borne illnesses are stymied by a lack of oversight of the produce industry. An agency spokesperson denied the allegation, then asked several people in the office if they knew who was in charge of lettuce…
A Swedish daredevel crossed the English channel while strapped to a homemade jet-propelled wing Friday after jumping from a plane at an altitude of over 8800 feet. I’m sure there are situations where you’d want to do something like this on purpose, only I get ill thinking of them…
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