Lawmakers have reached agreement on a bipartisan counterproposal to the Bush administration's $700 billion financial bailout plan.
Both parties and the House and Senate agreed Thursday to a set of principles on revisions to the rescue plan, which calls for the Treasury Department to buy up bad mortgage securities from banks in an effort to get them to lend again.
The proposal will help homeowners, curb executive pay packages at participating firms and provide oversight of Treasury's actions, said Sen. Christopher Dodd, D-Conn., a key architect of the congressional effort. He did not provide details but said lawmakers will sit down with Treasury officials to discuss it.
/>From CNN:
Lawmakers have reached agreement on a bipartisan counterproposal to the Bush administration's $700 billion financial bailout plan.
Both parties and the House and Senate agreed Thursday to a set of principles on revisions to the rescue plan, which calls for the Treasury Department to buy up bad mortgage securities from banks in an effort to get them to lend again.
The proposal will help homeowners, curb executive pay packages at participating firms and provide oversight of Treasury'...
I know there's been a lot of posts on this website lately that seem to be poking fun of the McCain/Palin campaign. I know some people have a problem with it. And I know some people think I should come out and say where I stand on this election.
This is not a partisan website, nor is it on its way to becoming a partisan website.
I've been talking about John McCain and Sarah Palin frequently because they're the ones who have been fun to talk about lately. They are the ones who have been making choices and taking actions and giving interviews that are, frankly, amusing and broadly newsworthy, in one way or another. It's not that Barack Obama hasn't been doing things this month, it's just that he hasn't been doing very interesting things. He hasn't been newsworthy.
And I find that fascinating.
Six months ago, we all figured that Barack Obama would be the interesting candidate right now. That his campaign would be exciting. That we'd be hearing his words and his ideas and incessantly discussing his actions here, a month before the election. We thought, if nothing else, that Barack Obama would have the buzz. That there was no way an old white dude with zero skill as an orator could run a campaign anywhere near as enthralling -- as attention-grabbing -- as Barack Obama.
We figured wrong.
We, as a nation, have been talking entirely about the John McCain campaign for the past month, and all signs indicate that we'll be talking entirely about the John McCain campaign in the next month.
Take a step back and think about it.
How the fuck did he pull that shit off?
It's been brilliant. Phenomenal. And if what you're looking for is a leader with the experience, the team and the finesse to think outside the box and execute risky choices that tilt the axis of history in unexpected ways ... well, folks, that's exactly what John McCain is doing right now.
I'm just saying.
For the sake of non-partisanship, here's a video of Sarah Palin making an ass of herself for Katie Couric. And if John McCain dies while in office, this creature becomes the most powerful human being on the planet. I'm just saying. />
I know there's been a lot of posts on this website lately that seem to be poking fun of the McCain/Palin campaign. I know some people have a problem with it. And I know some people think I should come out and say where I stand on this election.
This is not a partisan website, nor is it on its way to becoming a partisan website.
I've been talking about John McCain and Sarah Palin frequently because they're the ones who have been fun to talk about lately. They are the ones who have been m...