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“That’s Henry Paulson,” responded Inhofe, “We had a conference call early on, it was on a Friday I think – a week and half before the vote on Oct. 1. So it would have been the middle … what was it – the 19th of September, we had a conference call. In this conference call – and I guess there’s no reason for me not to repeat what he said, but he said – he painted this picture you just described. He said, ‘This is serious. This is the most serious thing that we faced.’”

Inhofe said that Paulson told members of Congress the crisis would be “far worse than the great depression” if Congress didn’t authorize the bill to buy out toxic debt, a proposal “which he abandoned the day after he got the money,” added Inhofe.

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Despite looming ethics cloud, Rangel sez Pelosi assured him that he 'will keep his chairmanship of the Ways and Means Committee as long as he wants'

by Roland, the Gunslinger on Wed 03 Dec 2008 08:52 AM EST

Sounds like more of that old 'Change we can believe in' stuff we've been hearing so much about... -Roland

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Journalists become 'self-reverential' celebrities

by Roland, the Gunslinger on Wed 03 Dec 2008 08:27 AM EST

Newsmen have become the news. And the gossip. One may run for office. Many are vying for a single plum job. Another is suing his old network for millions. It is a long way from the austere days of Eric Sevareid, when staid anchormen left stardom to Hollywood. "Anchors and journalists have become part of self-reverential celebrity culture. Everything goes back to 'me.'

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Chambliss Wins in Georgia, Blocks Democratic Quest for 60 Votes

by Roland, the Gunslinger on Wed 03 Dec 2008 12:49 AM EST

Republican Senator Saxby Chambliss won a second term and blocked Democrats from gaining a 60-seat Senate majority by defeating challenger Jim Martin in a runoff election in Georgia.

Chambliss received 60.2 percent of the vote to 39.8 percent for Martin with 60 percent of the precincts reporting, according to the Associated Press. The runoff was held because neither candidate won at least 50 percent of the votes in the Nov. 4 election.

Chambliss’ victory makes it more difficult for Democrats to stave off Republican filibusters, an attempt to block legislation through endless debate. It takes 60 votes to stop the procedure, meaning Democrats, set to control at least 58 seats when the Senate convenes in January, will need to enlist Republicans to stymie filibusters.

Preventing a 60-seat majority gives Republicans “a shot at shutting Democrats down, or at least getting a seat at the table,” on important legislation, said Jennifer Duffy, a congressional analyst at the nonpartisan Cook Political Report in Washington.

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