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Unfortunately I believe that we are limited in what we can focus on. I think that if we proceed with the partisan sideshow of prosecuting Bush admin. officials, healthcare will get lost in the brouhaha.
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Interior Dept. Hearing, Palin's E-Mails, FEMA's No-Ice Rule

POSTED: 10:02 AM ET, 09/18/2008 by Amanda Zamora

Here are our must-read items of the morning. See something we missed? Post your suggestions for required reading in the comments below.

Live Hearing: Interior Dept. Scandal » The House Natural Resources Committee will be holding a hearing today at 10 a.m. ET on the recent scandal involving employees of the Interior Department's Minerals Management Service. The committee is hosting live audio and video streams of the hearing on its Web site.

The Campaign Trail » A group of hackers appear to have broken into Gov. Sarah Palin's personal e-mail and posted several private photos and e-mails online, drawing condemnation from the McCain campaign. — Washington Post

FEMA Criticized for No-Ice Rule » Relief workers and government watchdogs say disaster victims in Texas and other hot regions are at risk because of a Federal Emergency Management Agency policy not to provide ice to disaster victims except in the case of a medical emergency. — ABC News

SEC Targets Short-Selling » The Securities and Exchange Commission has adopted broader rules aimed at reining in the abusive "naked" short-selling that is blamed in part for the demise of Lehman Brothers. — Washington Post

L.A. Union Chief Under Fire » The head of the Los Angeles-based local of the Service Employees International Union faces formal dismissal after an internal investigation found improper spending. — Los Angeles Times

Bioengineering Rules » The Food and Drug Administration is releasing long-awaited guidelines on the genetic engineering of animals for food, drugs or medical devices. — Washington Post

Charges Filed in Bomb Export Case » A federal grand jury has indicted 16 foreign individuals and companies for conspiring to send U.S. electronics and other items to Iran for the production of roadside bombs used in Iraq and Afghanistan. — Washington Post

Gates Addresses Afghan Airstrike » After a meeting with Afghan President Hamid Karzai, U.S. Defense Secretary Robert M. Gates expressed his "sincere condolences" over civilian deaths caused by a recent U.S. airstrike and promised speedier compensation and investigation after such casualties. — New York Times

By Amanda Zamora |  September 18, 2008; 10:02 AM ET The Daily Read
Previous: Congress: $15 Billion in Failed DHS Contracts | Next: Experts Predict Election Day Mess


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Posted by: Anonymous | September 18, 2008 10:37 AM

The Big Bailout

I have a modest proposal. This is a democracy, right? And our system of government, our economy, our very way of life is at stake. The bail out proposes that the vast population pay for the malfeasance that brought us to this mess. How about putting a referendum on the national ballot in November and let the people who will pay for this back room deal have a say in their own fate? Or is that too much like something Hugo Chavez would do?

I don't recall seeing anywhere that the founders of the Constitution, after the British surrender, said: Quick! Meet me behind the Liberty Bell at midnight because we have to have this sucker done by Friday. No. It took more like 11 years to hammer it out.

The criminals throwing together this bail out must have liked the government they created in Baghdad so much that they've decided to use it as the model for the new banana republic in DC. Who's going to run the Fed, Ahmed Chalabi?

Makes me so proud I think I'll go tie a yellow ribbon around something.

Posted by: Magnor | September 22, 2008 11:12 AM

This problem is being approached from the point of view of the banks and Wall Street. It needs to be evaluated from the point of view of the Constitution and the taxpayers that the government is supposed to be representing.

When you do that, the banks, who absolutely knew that these loans would fail, are forced to covert their bad debt into good debt by lowering interest rates and restructuring loans into ones that can be afforded. The people responsible for this are also incarcerated and fined.

Posted by: Web Smith | September 22, 2008 2:01 PM

If you are against the bailout, check out to send a letter to Congress telling them to reject the legislation.

Posted by: Vote No Bailout | September 22, 2008 2:20 PM

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