Faith and Facts

Why did 94 Democrats vote against the bailout? Take a look at Bill Dyer’s analysis:

I thought it was bad enough that House Speaker Nancy Pelosi had made a deliberate decision not to make today’s vote on the Democrat’s economic stabilization bill a “party loyalty” vote in which the House Democratic leadership made absolutely clear that it expected loyal Democrats to vote in favor of the bill. Ignoring all of the immense power to persuade that inheres in the position of Speaker of the House, Speaker Pelosi wouldn’t even offer (or threaten to withhold) so much as a choice Capitol parking spot to make up the 12-vote margin between victory and defeat of H.R. 3997, the Emergency Economic Stabilization Act of 2008.  Read more... (estimated 1:06 mins)

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Filed under: Democrats, Economy, Obama

I wrote a lengthy post on this top yesterday but Investor’s Business Daily has expanded and improved on my material.

Big Government: Barack Obama and Democrats blame the historic financial turmoil on the market. But if it’s dysfunctional, Democrats during the Clinton years are a prime reason for it…

[I]t was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street’s most revered institutions.  Read more... (estimated 1:26 mins)

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Filed under: Democrats, Economy, Obama

Michael Reagan has a fabulous article on the financial crisis we have been reading about this week. Who is at fault? Who should get the blame?

Pin the tail on the Donkeys.

Bill Clinton and Democrats made the policies. Democrats did the consulting. Democrats accepted the contributions. And now Democrats will get off scott-free. Reagan points out that,

“The scandal of Fannie Mae and Freddie Mac dwarfs the Enron debacle. In Enron, people went to jail. With the Fannies, some just walked away with millions.”  Read more... (estimated 1:26 mins)

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Filed under: Democrats, Economy, politics

When Nancy Pelosi finally gets around to passing legislation to allow for more energy exploration, she says she is “giving incentives” to the energy industry.

When Republicans have done the same thing, Nancy calls it “giving tax breaks to Big Oil.”

Just more liberal double-standards and double-talk.

House Passes Bill To Expand Drilling, Fund Renewables.

Popularity: unranked [?]

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Filed under: Democrats, Energy, politics

The recent primary victories by Barack Obama have left Hillary Clinton and her campaign in turmoil. As if the Presidential election needed more drama, Obama and Clinton may arrive at the convention in a delegate deadlock.

As expected, Barack Obama took still another sweep in Maryland, Virginia and The District of Columbia. Having already won in Louisiana, Nebraska and Washington State, Barack Obama’s sweep puts Clinton in an awkward position and is the first serious threat to her election as the Democratic nominee for President.

Popularity: 2% [?]

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Filed under: Democrats