Bang the Drum

rants and ramblings of a political junkie

Entries Tagged ‘cheney’

Mortgage Bailout: Questions Without Answers

Sep.20, 2008 in Barack Obama, Election 2008

Here is the full text (PDF) of the proposed bailout of the mortgage industry. It isn’t very long, take the time to read it.
In essence, it permits the federal government to purchase mortgage and mortgage-related assets from any US financial institution.
The first question you should be asking is this: What are mortgage-related assets? That would [...]

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ExxonMobil, Shell, Chevron et al Claim Victors’ Spoils

Jun.19, 2008 in Bush Administration, Election 2008, Foreign Policy, Iraq

The horsemen of the apocalypse are on the hunt. Here’s the latest news on the pale horses of death: ExxonMobil, Total, Chevron, Shell, et al who have been given preferential treatment and no-bid contract opportunities to service Iraq’s oil fields. (Remember this?)
The NY Times reports:
The deals, expected to be announced on June 30, [...]

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This is where I keep my politics separate from the polite company on my personal blog. Follow me on Twitter, identi.ca or Pownce. I'm also a regular loudmouth over on Steve Gillmor's daily NewsGang Live podcast. Join those discussions from 1-2pm daily on the Ustream channel.