Free Republic

Obama raced to Denmark and came home with his tail between his legs. The whole IOC episode was unbecoming and unnecessary......but no one expected frontrunner Chicago to be voted out on the first round. Particularly, in light of Obama's groveling and America-bashing (appeasing foreigners since the day he took office). Obama said he hoped to use the Olympics to improve America's image. (Memo to the prez: America has nothing to be ashamed of.) Yet for all of Obama's sucking up, he left with the dignity of his office cut down a few notches. At some point, substance matters more than...

Dow -192.43 down-2.24% 8,386.76

[UPDATE: If you read the Ambinder piece, you'll see that this was leaked to Marc: it's an internal document designed to make sure that the GOP's people are up to speed on this issue. - Moe Lane] This makes a good point. Congress (Republican and Democratic) attacked Enron, but nothing against the politically connected Fannie Mae. Here's a slide show, care of Marc Ambinder, that the McCain campaign is passing around:

"...lo­o­k­ at what so­me fello­w blo­g­g­ers hav­e d­u­g­ u­p­ while researc­hin­g­ O­bama’s leg­al c­areer. Lo­o­k­s lik­e a typ­ic­al AC­O­RN­ lawsu­it to­ g­et ban­k­s to­ han­d­ o­u­t bad­ lo­an­s." UPDATED: Obama sued Citibank Under CRA to Force it to Make Bad Loans Do­ yo­u r­e­m­e­m­b­e­r­ ho­w we­ t­o­ld yo­u t­hat­ t­he­ De­m­o­cr­at­s and gr­o­ups asso­ci­at­e­d wi­t­h t­he­m­ le­ane­d o­n b­ank­s and e­ve­n sue­d t­o­ ge­t­ t­he­m­ t­o­ m­ak­e­ b­ad lo­ans unde­r­ t­he­ Co­m­m­uni­t­y R­e­i­nve­st­m­e­nt­ Act­ whi­ch was a fact­o­r­ i­n causi­ng t­he­ e­co­no­m­i­c cr­i­si­s (se­e­ HER­E a­n­d HER­E ) … well lo­o­k­ at what so­me fello­w blo­g­g­ers hav­e d­u­g­ u­p­ while...

The Debate: John McCain rightly laid the blame for the economic crisis on Fannie and Freddie, and the blame for that on the Democrats. But he missed opportunities and left much too much on the podium.When moderator Tom Brokaw opened the Nashville debate by asking both candidates, "What's the fastest, most positive solution to bail these people out of the economic ruin?" Sen. McCain should have responded by saying the first thing we should do is not put in power those who caused the crisis in the first place. Instead McCain, at the advice of those with a political death...

Dow slides below 10,000 for first time in nearly 4 years. U.S. stocks tumbled on Monday, sending the Dow industrials below the 10,000 mark for the first time in nearly four years, as last week's $700 billion bailout package and government interventions in Europe over the weekend failed to soothe nervousness in global markets. Europe didn't reach an accord on bailouts over the weekend, and instead each country is handling the fallouts on their own. Germany backed its retail deposits, following similar moves by Ireland and Greece. Holland nationalized the Dutch operations of Fortis, and a new 50 billion euro...

If McCain Doesn't Want to Talk Fannie and Freddie, Why Is He Running? Palin is bringing up Barack Obama's long connection to William Ayers... okay. I don't doubt that not enough Americans know about Obama and his ties to Ayers, and what an unrepentant domestic terrorist and SOB Ayers is. But that message is going to come up against a media that is hostile, determined to downplay the ties and/or willing to lie. (What the heck got into CNN lately? The past few weeks, they're getting things 180 degrees flat wrong, again and again, about easily verifiable facts and the...