Treasury's Plan for Mortgage Rates Could Be Costly- TIME

EXCELLENT article, with several links to other valuable information. As I've been telling people since this 4.5% talk started yesterday; we want rates to go down for EVERYONE, not only specific people that individual banks deem worthy; and the Fed will only purchase securities backing loans with rates 1% under what the average rate is (now 5.5%). And only for purchases; not for refinances, and only for qualifying borrowers. What I see that doing is #1. not helping many of the average purchasers, #2, obviously doing nothing for the tons of people needing to refi, especially those with adjustable rates, and #3, if the deal is 1% under the average market rate, then it could actually result in "regular" rates staying high. But check out the article for a more expert opinion. I'd love rates to go down another percent; but it needs to be done in a way that everyone can benefit.

McCain Seems To Be Giving Up On Colorado

CNN's John King reports that the Republican team is "making tough decisions" as it sees Colorado as well as New Mexico and Iowa drift away.

Says the campaign's "risky strategy" is counting on Florida, Nevada, North Carolina, Ohio, Virginia, and a comeback in Pennsylvania.

THURSDAY, OCTOBER 9, 2008

11:58pm
George Will: "McCain and his female Sancho Panza"

11:22pm
Another Conservative: Kathleen Parker calls for Sarah Palin to be muzzled.

10:30pm
Something For Conservatives To Think About: Daniel Larison explains why a McCain win will NOT further the Conservative cause.
" If McCain were somehow to prevail on 4 November, the calamity that would befall the Congressional GOP in 2010 would great and would help to erase all political gains of the previous sixteen years. Those conservatives who do not want to be consigned to the wilderness for the next decade or two need to think about the long-term consequences of a McCain victory, which would be disastrous for conservatives both in policy and political terms in the next several electoral cycles. If his insane mortgage-bailout-in-every-pot plan doesn’t persuade people of that, perhaps the prospect of being the minority party for the next twenty years will. "

8:07pm
Slate.com; Republican Mob Scene; they're energizing the base, alright.

7:23pm
This video deals with what some see as McCain's anger management issues. The next two; lowest common denominators.


7:o1pm
As a friend says, "For the Love of God". I have a few of these videos. (thanks to Daily Dish)
As I say, "OH MY GOD".

The one above; drunk (but "Patriotic") rednecks.

These people below are just f**ing scary. Sorry.


6:19pm
TIME: The Obama Surge: Will It Last?
I got a LOT of work done today. I have NOT kept up on this, however!! Thanks to Don Abbott for finding this. According to Joe Klein, it WILL.

1:35pm
Meant to do this all day.
Google Goggles, as in, "beer goggles". If you're so trashed that the email you are typing to your ex, your boss, your secret crush, the policeman that just pulled you over..... then this feature is designed to stop you from successfully sending that message you'll regret tomorrow.

Andrew Sullivan Remains Convinced Clinton's Want McCain Victory

Time.com shows a new McCain ad; where Senator McCain says Bill Clinton was right, and the Democrats were wrong, and Fannie and Freddie likely fell because of that.