Bang the Drum

rants and ramblings of a political junkie

Market Meltdown: Thoughts on Shadows, Secrets, and Shells

By Karoli September 21, 2008 Bush Administration, Congress, Domestic Policy No Comments

After reading Francine Hardaway, Dave Winer and Steve Gillmor today, it occurs to me that we are not under any obligation to accept the Bush Administration’s claim that their way…

Stunning Coup Attempt of 2008: Right Here, Right Now

By Karoli September 20, 2008 Bush Administration, Congress, Domestic Policy No Comments

When I wrote about the bailout bill this morning two things happened. First, I was focused on the staggering, mind-numbing numbers. And second, even though intuition told me there would…

Mortgage Bailout: Questions Without Answers

By Karoli September 20, 2008 Barack Obama, Election 2008 No Comments

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…

Open Letter to Sen. Barack Obama

By Karoli September 19, 2008 Barack Obama, Election 2008 No Comments

Dear Senator Obama, Since January of this year, I’ve been absolutely committed to getting you elected. I’ve donated to your campaign, I’ve canvassed for you, I’ve volunteered to work in…

McCain’s Real Friends: Who are they?

By Karoli September 16, 2008 Election 2008 No Comments

When John McCain says “My Friends”, who is he talking about?

Merrill, Lehman, Bank of America: Financial Chaos?

By Karoli September 15, 2008 Barack Obama, Bush Administration, Domestic Policy, Election 2008, Foreign Policy, Iraq No Comments

With the news of Lehman’s frenzied courting of Barclay’s for a shotgun marriage, and the elopement of Merrill and Bank of America, everyone is nervous. On the Twitter stream, the…