The cost of deregulation

The cost of deregulation is indeed very high --- to the U.S. taxpayer.

 

Bailout type Cost to taxpayers (Source: Reuters)
Proposed Treasury Department legislation $700 billion+
Bear Stearns financing $29 billion
Fannie Mae and Freddie Mac nationalization $200 billion
AIG loan and nationalization $85 billion
Federal Housing Administration housing rescue bill $300 billion
Mortgage community grants $4 billion
JPMorgan Chase repayments $87 billion
Loans to banks via Fed's Term Auction Facility $200 billion+
Loans from Depression-era Exchange Stabilization Fund $50 billion
Purchases of mortgage securities by Fannie Mae and Freddie Mac $144 billion
TOTAL $1.8 trillion+
COST PER HOUSEHOLD $17,064+

 

Dumbing down the VP debate

From the NY Times:

At the insistence of the McCain campaign, the Oct. 2 debate between the Republican nominee for vice president, Gov. Sarah Palin, and her Democratic rival, Senator Joseph R. Biden Jr., will have shorter question-and-answer segments than those for the presidential nominees, the advisers said. There will also be much less opportunity for free-wheeling, direct exchanges between the running mates.

McCain advisers said they had been concerned that a loose format could leave Ms. Palin, a relatively inexperienced debater, at a disadvantage and largely on the defensive.

You've got to be kidding, right? We are now rigging the debate formats to compensate for a know-nothing candidate drilled in meaningless talking points? And the Obama team agreed to this? And so did the press?

Palin hiding from the press: Day 24

The Washington Post notes the historically unprecedented attempt by a vice-presidential nominee to hide from press accountability:

Mr. McCain's selection of an inexperienced and relatively unknown figure was unsettling, and the campaign's decision to keep her sequestered from serious interchanges with reporters and voters serves only to deepen the unease. Mr. McCain is entitled to choose the person he thinks would be best for the job. He is not entitled to keep the public from being able to make an informed assessment of that judgment. Ms. Palin's speech-making skills are impressive, but the more she repeats the same stump speech lines, the queasier we get. Nor have her answers to the gentle questioning she has encountered provided any confidence that Ms. Palin has a grasp of the issues.

There are only a few weeks to go before the United States may pick a potential president who has never given a press conference as a candidate for national office. This is not a functioning democracy.

And McCain is even worse: 40 days since his last press conference.

Columbus Dispatch: Obama signs are hot property

Obama yard sign theft has finally passed the threshold of press visibility, so the Columbus Dispatch did some calling around to see the extent of the problem.

 

As was the case in 2004 and 2006, Democratic candidate yard signs are being stolen at many times the rate as their Republican counterparts. In UA's case, it's around 100:1.

Again this year Democrats are going to great lengths to protect their signs. Bob Krasen (photo on right) of Blenheim Road in Clintonville has had three Obama signs stolen this year. According to the Dispatch article, "He added a cow bell to the third one as an alarm, but both the sign and the bell were taken. Now he has made a permanent sign and planted it in his yard."

Several UAPA members have had their signs stolen multiple times, others as part of the mass theft operation mentioned in the Dispatch story.

There have been many sign thefts over the past several weeks. Remember, if your sign is stolen:

  1. Request a replacement sign* from UAPA free of charge. Don't let the vandals and thieves silence your voice!
  2. Put your address on the inside of the sign in case your stolen sign is recovered.
  3. Consider donating to UAPA to help defray the costs of new and replacement signs.

* Please note that new replacement signs are available to Upper Arlington, Ohio, residents only. We are unable to mail or hand deliver signs outside of the 43212, 43220 and 43221 zip codes. We regret any inconvenience.

Graphing Lessons: Who's getting tax relief?

Justin Wolfers posts competing charts on the candidates' tax plans. Chartjunk's is adjusted for the actual contribution to revenues. Click here to see an enlarged version.

Disability-rights advocate Deborah Kendrick takes on Sarah Palin

Monday, September 22, 2008

ColumbusDispatch.com

 

pAlaska Gov. Sarah Palin has provided more than ample eye-roll material since her coming-out as the Republican vice presidential candidate.

I'll leave her lack of experience to other columnists. Disability is my beat, and the blatant exploitation of a cute baby to support a promise that has captured the hearts and hopes of too many parents of kids with disabilities was an outrageous slap in the face of every genuine advocate.

We have had real advocates as leaders in our government and we'll have more, but simply giving birth to a baby given a diagnosis does not an advocate make. Baby Trig has a label: Down syndrome. Period. No one knows yet what his disabilities, physical or cognitive, will be.

The chirpy governor hasn't a clue what it is to fight for a disabled child's education, weigh the pros and cons of surgeries, find speech therapists or navigate the cruel land mines of prejudice that are encountered on playgrounds and hockey rinks.

Read the rest of Kendrick's opinion column in the Columbus Dispatch.

Saturday Night Live, Round 2

Saturday Night Live skit with Hillary and Sarah

This video has now more than 4 million views:

 

Replace your stolen Obama yard sign

There have been many sign thefts over the past several weeks. Remember, if your sign is stolen:
  1. Request a replacement sign from UAPA free of charge by filling out the form below. Don't let the vandals and thieves silence your voice!
  2. Put your address on the inside of the sign in case your stolen sign is recovered.
  3. Consider donating to UAPA to help defray the costs of new and replacement signs.

Don't have a sign yet? Request a new sign here.

Already have your sign? Encourage your Obama/Biden supporting friends and neighbors, who may not know of our sign initiative, to sign up.

Take away the bait: We are encouraging you to take your yard sign in at night and place it prominently in your yard in the morning. Sign thieves are easily caught during the day. Notify the police of the license number of the car.

Please note that we are providing replacement signs for Upper Arlington, Ohio, residents only. We regret that we're unable to mail or hand deliver signs outside of the 43212, 43220 and 43220 zip codes.

Palin's repeated lies earns her 4 Pinocchios from Washington Post

How does a professed Christian tell so many public lies so often and repeatedly, even after they have been debunked?

The lies keep piling up and now CNN has the most thorough debunking on the myriad of lies coming from Team McCain.

Washington Post points out how proudly deceitful Palin is:

"The Republican vice presidential nominee continues to peddle bogus statistics three days after the original error was pointed out by independent fact-checkers.

FOUR PINOCCHIOS: Real whoppers

These same lies are still being repeated even now.

 

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