Countdown Monday: Dropping the Bail
Posted: Monday, September 29, 2008 8:59 PM by Countdown
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Blogging the Countdown
No Deal: Senator McCain and his advisers, who last Wednesday had warned that this nation would be in the midst of another Great Depression by today unless Congress passed bailout legislation...This morning, claiming credit for building a winning coalition of votes in the House to pass that bailout bill and, thus, save the American economy. Only one problem: The bailout bill failing in the House when 67% of Republicans voted against it... And the stock market promptly losing seven percent of its value. Senator McCain -- in our fifth story on the Countdown -- having led his party and his country... to Congressional chaos and an economy in crisis. Mission Accomplished!
Krugman is here: Writing on his blog for the New York Times this afternoon, columnist Paul Kroogman awarded the top headline to Market-Watch's Rex Nutting: "House To Wall Street: Drop Dead." But he also re-submitted his own writing after the first bailout deal collapsed last Thursday: "What we now have is non-functional government in the face of a major crisis, because Congress includes a quorum of crazies and nobody trusts the White House an inch. As a friend said last night, we've become a banana republic with nukes." Our fourth story on the Countdown... what the quorum of crazies and the banana republic with nukes means for you...
ODDBALL: Bruno crashes the party and a kid crashes behind the Canadian PM
Poll to Poll: Just one day after John McCain scolded Barrock Obama in the debate Friday for the naivete of his foreign policy, McCain's running mate, Sarah Palin, came out in favor... of Obama's position. Just one reason our third story should come as no surprise... a clear lead for Obama... gelling in two national polls...
Worsties...see below.
WORST PERSON IN THE WORLD: Sean Hannity, Barack Obama and Karl Rove vie for tonight's top honors.
Twist of Fey: In 1975 and 1976 Chevy Chase single-handedly established the indelible comedic caricature of President Gerald Ford as an unending physical risk -- a man who might fall down, or trip over something, at any moment. Last winter, Saturday Night Live established a meme of a media in the tank for Barack Obama, which promptly begat a conversion of the Clinton campaign into a serious version of the same martyrdom, and has, in a kind of political grand-child, the non-stop whining of the McCain Campaign about media bias -- even though most of it seems to benefit its own candidate. Our number one story on the Countdown: public ridicule as critical political component. And here it comes again with what is reportedly week two, of a seven-week cameo, of Tina Fey, as Sarah Palin. Some of her lights-out impression didn't even require any new material.
