Political Equinox

I am glad to say the bailout bill failed this afternoon. Even though we paid dearly with a near 800 point drop in the DOW Average, the blocking of this bill was a huge step forward.

I’m not sure who Speaker Pelosi was thinking when she gave her speech around 12:20pm, but she forgot who was in her audience. Pelosi gave one of the most divisive speeches I’ve heard. If she was making any attempt to unify Congress behind this bill, she failed miserably.

When you are attempting to bring two parties together, you do not attack one of the groups. That is stupid and it reflects upon Pelosi’s ability to lead this Congress.

She must be replaced. There is no option on …

Tags: Congress

I’ve spent hours combing over articles in the Wall Street Journal, New York Times, CNN, and blogs. It seems to me that this Paulson Plan is pretty far from getting any sort of okay from Congress, and I honestly hope it stays that way. Purchasing all this costs way too much money when all we really need to do is get the market for this stuff moving.

Of everything I’ve read, I find the proposal of top economist, Brian Wesbury. The plan has been most promoted by Dave Ramsey, the “Get out of Debt Guy.” While I sometimes question Dave’s macroeconomic theories, I think he’s made an excellent choice in going towards Brian’s (and likely other economists’) plan.

The Revised Bailout Plan

Suspend …

Tags: Congress, money, New York Times, obama, The Caucus

This is Third District Democratic Congressional Candidate Michael Montagano’s first commercial. Here’s some reasons why it is effective in fulfilling its objective:

Increase Name Recognition

Mike’s a great guy and will make an excellent congressman - but he needs to up his name recognition throughout the district. He’s been everywhere during the last few months – from the many festivals that take place in almost every Hoosier town during the summer to the various Democratic Party gatherings all over the district, he has diligently went out and met with the people and introduce himself personally to residents of the Third District (something his opponent has not had the …

Tags: Barack Obama, Bush, candidate, Congress, george bush, hoosier, IRS, obama, republican

With Obama dragging out his selection process for at least few more weeks, we’ve still got plenty of time to speculate about the myriad of potential candidates, but recently Indiana Senator Evan Bayh has been thrust into the spotlight as a likely choice for the VP nominations. Add to the fact that John Edwards is essentially out of the picture with his recent spectacle, Bayh has all the more chance of landing the job.

Bayh made a joint appearance with Obama last week in Indiana and appeared opposite Joe Lieberman on Fox News Sunday arguing vehemently in favor of Obama’s policies and giving that ever-so-famous non-answer to the …

Tags: America, candidate, Congress, evan bayh, healthcare, Hillary Clinton, hoosier, iraq, iraq war, IRS, joe lieberman, John Edwards, medicare, money, obama, polling data, president, presidential election, republican, social security, Universal Healthcare, upcoming election, vp choice, vp slot

Because of the fiscal juggernaut that is the Obama campaign, The NY Times recently reported that John McCain’s campaign is mapping out a campaign strategy that is closely tied with the Republican National Committee. This after his campaign finance co-chair resigned because of a conflict of interest based on new campaign rules regarding connections to lobbyists.
From the Times:

“Mr. McCain, who abandoned public financing in the primary but has indicated he would employ it in the general election, is aggressively building a joint fund-raising operation with the Republican National Committee and state party committees in four battleground states. These committees can raise money far in excess of …

Tags: America, campaign finance, Congress, Democrats, environment, finance, John McCain, money, ny times, obama, president, republican, strategy