Trust Walt Whitman to know what's important.
Courtesy of Robert Pinsky, a poet himself, and the Boston Globe, with a H/T to BarbinMD at Daily Kos:
ELECTION DAY, NOVEMBER, 1884
If I should need to name, O Western World, your powerfulest scene and show,
'Twould not be you, Niagara - nor you, ye limitless prairies - nor your huge rifts of canyons, Colorado,
It's still not a done deal, folks. But the House is going to vote sometime today, it looks like.
First read another excellent Stirling Newberry piece; this one is much less technical and spells out why this isn't a crisis that has to be met today and only on Bush/Paulson terms. If this is a crisis of confidence, then why aren't our elected officials reassuring us against panic, instead of inducing it.
And no, I don't believe the answer is that Pelosi, Dodd & Franks want to giveaway billions to Wall St., and don't believe they are "in the tank." I do believe that they been bamboozled. Read more about CALL YOUR REPRESENTATIVE AND SELECT TEN MORE, NOW!
On Friday, I spent some time watching the Senate session on C-Span. More than a few Democratic Senators were taking the time to express, at length, their skepticism regarding the bailout. Specifically, Brian Dorgan, Tom Harkin, Jon Tester, and others. Read more about THIS BAILOUT IS NOT A DONE DEAL! [09/28/2008]
This bailout is not yet a done deal; I don't care what Barney Frank or any other Democrat says.
But it is clear that the administration, which now has McCain on its side, is gunning for the same kind of unconstitutional, unsupervised executive branch power that it did in the Patriot Act and in all of its dealings in and about Iraq.
There is still awareness among Democrats that this bailout is unpopular, despite some confusing polling. Even people convinced there is a real crisis, and let's remember that even someone like Krugman admits there are some very real problems, still hate what is happening. Read more about Call Congress, Now More Than Ever
Steven Benen has the main points up.
Krugman appears to be at least somewhat impressed.
Chris Bowers at Open Left has the link to the PDF forty page document, plus some analysis that suggests Dodd's version carries some poison pills of it's own that Bush and Paulson will have a hard to impossible time swallowing. To which I say, great, no bailout, then.
A friend tells me that Barney Frank's House version is the better of the two, but I don't have any links on what it contains. Read more about Dodd's Alternative Proposal Is Up
This post is largely an attempted response in the form of a summation to the long comment thread Lambert"s "Roubini" post of yesterday continues to produce. I have used so many tags because this crisis is the sum total of all the Bush/Republican/Rightwing shit we've lived through for the past eight years, and the similar shit stretching back to Nixon and Reagan. Read more about What Message To Obama and The Democrats?
Dr. Sardonicus has been our friend and commentator since the the first days of Corrente, when it still had a blogspot as part of it's URL.
On his own blog he has announced the following:
My wife Peggy, known as Mrs. S. in these parts, passed away in her sleep late this afternoon. She was only 48 years old.
Peggy had little use for the internets, except for Netflix, but she always appreciated the kind words of encouragement and support you gave her here. As I have said, I don't have the most readers in the blogosphere, but I have the best.
I'm jumping on this announcement by candidate Obama, because I hope to subvert the impulses of some of my fellow Fellows and some of our readers to make of this moment a chance to accuse Barack Obama of being a liar, breaking a promise, not really being about reform, undermining efforts to reform our increasingly broken system of elections, and other ways not to like Obama that I'm not clever enough to even think of. Read more about Obama Opts Out Of Public Financing
The Supreme Court by a vote of 5 to 4 has just handed down a ruling that prisoners at Guantanamo do have a right under the U.S. Constitution, and in particular, the ruling restores habeas corpus to them, giving them the right to challenge their detention in U.S. courts. It does not specifically invalidate the entirety of the odious MCA as far as I can tell.
Need I tell you who the five and who the four were? Read more about Eureka! Habeas Lives! If Only On Life Support
For those of you who insist on believing that Joe Lieberman is still something other than a Senatorial colleague of Barack Obama, that he continues to be some kind of mentor to Senator Obama, welcome news that Obama isn't afraid to call Lieberman on his Joementum.
Read more about Well, This Gladdens My Heart, Anyway, I Hope It Does The Same For Yours
MoveOn recently allowed members to sign a virtual get well, be well card to be delivered to Senator Kennedy that contained the message that the entire liberal/progressive community was with him in his battle against the recently diagnosed cancer he will fighting.
Today he is in surgery doing just that. Read more about Senator Kennedy in Surgery Today: Here He Is In 1980
In November of 2006, Bill Moyers was asked to give the Sol Feinstone Lecture on The Meaning of Freedom, an endowed serial event for the men and women cadets of West Point.
It is an amazing speech to read, and it should warm the hearts of all liberals that West Pointers are being exposed to material like that Bill Moyers chose to honor them with. Read more about An Exercise For Memorial Day: Read Bill Moyers' "Message to West Point"
On Wednesday, Joe Lieberman published a piece on the opinion pages of WSJ which essentially accused the entirety of foreign policy positions held by the current Democratic Party of being essentially a stab in the back to the entirety of foreign policy positions of the Democratic Party of FDR, Truman, and JFK. Interestingly, LBJ wasn't included in the litany of Democratic golden oldies. Joe may have succeeded in performing a lobotomy on himself, resulting in a weird sort of frontal stupidity, but that doesn't mean he isn't still wily. Read more about Good Joe v. Bad Joe: Biden At His Best, Minus A Quibble