Banking/Finance

How disappointed was Chris Matthews with Barack Obama's debate performance tonight? How angry was Matthews at Obama for agreeing so much with John McCain?  Enough that Matthews unleashed the ultimate Dem insult, saying Obama reminded him of . . . Richard Nixon.Matthews first vented his frustration at Obama adviser Linda Douglass.CHRIS MATTHEWS: Linda, my friend, why did your candidate agree so…

Sen. John McCain's decision this week to suspend his campaign and return to Washington to help address the financial mess wasn't an example of his campaign slogan "Country First." Instead - according to Democrats and the media - it was a chance for McCain to sabotage the deal so he could take credit for rebuilding it.  "Some Democrats suspect that he tried, that he's coming in, working with the…

On Friday’s CBS Early Show, correspondent Chip Reid reported on congressional efforts to negotiate a bailout plan for the financial industry and took the Democratic line that Republicans prevented an deal from being reached: "At one point, yesterday, it looked like the $700 billion bailout deal was ready to have the 'I's dotted and the 'T's crossed, but that's when the wild roller coaster ride…

Bush told the country that we are in an economic crisis and his Treasury Secretary, Henry Paulson, came up with an idea that would, it is claimed, end up actually making money for the U.S. Treasury in the long run. That's all well and good, but the Democrats already have a plan to siphon off any repayment of the people's money back to the treasury by adding one little line to the agreement that…

What is it with Democrats and their grotesque slurs upon the intelligence of their political rivals?  Last week it was Charles Rangel calling Sarah Palin "disabled."  Tonight on CNN, Paul Begala called President Bush "a high-functioning moron."Begala was on an Anderson Cooper-led panel with Republican Ed Rollins and CNN's Gloria Borger to discuss the state of the possible federal financial…

Networks have given more coverage this year to the 6-year-old collapse of Enron than the role of federal government-sponsored mortgage lenders Fannie Mae and Freddie Mac in the present financial crisis, Media Research Center President Brent Bozell noted in a September 25 interview with the hosts of Fox News Channel's "Fox & Friends." The NewsBusters publisher argued that the media's lack of…

So much for a "stunt."John McCain got involved in the bailout negotiations after Treasury Secretary Henry Paulson told Sen. Lindsey Graham yesterday that the bailout plan would fail unless McCain came in and brought balky Republicans aboard.  That's what Bob Schieffer reported on this morning's Early Show.  Schieffer's account stands in stark contrast with the allegation by Dems like Barney Frank…

Interviewing John McCain on Wednesday's CBS Evening News, Katie Couric informed him and viewers that, during an interview of Sarah Palin she conducted earlier in the day, Palin warned of a “Great Depression” if the bail out is not passed, leading Couric to scold Palin to McCain: “But isn't so much of this, Senator McCain, about consumer confidence and using rhetoric like the 'Great Depression,'…

On Tuesday’s CBS Early Show, co-host Harry Smith interviewed Hillary Clinton on the government’s financial bailout plan and quoted Democratic talking points: "Is there a sense of urgency? Dick Durbin went into the well of the Senate the other day and said ‘why does this feel like Iraq all over again? Why does there feel like there has to be a rush to get this done?’" Clinton replied: "Well,…

Coverage of the banking crisis is everywhere. Pundits and politicos claim the instability is threatening the financial markets and the overall economy. However, ABC's Sept. 22 "World News with Charles Gibson" used the crisis to take a swipe at the wealthy. "In just six months, five major investment banks have now vanished from the landscape, ending an era of aggressive deal making and…

Hillary Clinton, Queen of Soul? Barack Obama, All-American teenaged girl?  That's precisely the analogy that Joe Scarborough made this morning in trying to explain why many Hillary supporters haven't swung to Obama.  Hillary was a guest on today's Morning Joe, and the interview offered a number of other interesting tidbits:Hillary dodged the question of whether Bill was telling the truth when he…

On Monday’s American Morning, CNN correspondent Jim Acosta tried to throw a bit of cold water on the news that tens of thousands showed up in central Florida for a Sarah Palin camapign rally on Sunday. When co-host John Roberts asked about the high turnout, Acosta replied, "[T]his was an enormous crowd out here in Florida. She is still very much on script, John -- still very much on that…

**Video Below Fold** A 2005 Video of Fannie Mae CEO Shown Affirming his Connection to Congressional Black Caucus and Barack Obama, Where is the Media? In a 2005 video Daniel Mudd, at the time the interim CEO of the catastrophically failed mortgage lender Fannie Mae, affirmed his fealty and that of Fannie Mae to the Congressional Black Caucus. The top three campaign donation recipients were…

Notes on Friday night coverage of the Wall Street bail out: On the NBC Nightly News, the always hyperbolic Jim Cramer saw “Great Depression II” avoided by the rescue effort, anchor Brian Williams raised 9/11 as he contended “this was the kind of jittery week in New York a lot of people had to go back to 9/11 to remember how they felt then,” prompting an “oh, wow” from CNBC's Maria Bartiromo, and…