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Bailing and wailing as fast as we can

On the one year anniversary of Congress voting $700 billion for financial institutions, Rick Perry's forces took the opportunity to wail on Kay Bailey Hutchsion for voting for the bailout. "One year ago today, Sen. Hutchison voted to pad the...


Molly warned us: Too Big To Fail is coming

Amid all the fingerpointing over bonuses and bailouts, about who knew what when -- it's interesting, but not at all surprising, that the indomitable Molly Ivins predicted all this. In a 1999 column, Ivins warned upon passage of the Phil...


Shedding the 'Kay Bailout' label

Sen. Kay Bailey Hutchison is working overtime to shed the "Kay Bailout" moniker from the Perry team. On MSNBC's "Hardball", Hutchison joined in the collective outrage over the AIG bonuses. Interestingly, unlike the radio talkers and Fox News crowd who...


Republicans launch first major ad for 2010 election cycle

The fight for seats in the Senate in 2010 has begun, and the Republicans' first major television ad for the election cycle gives some clues to their strategy. The ad, called "Trillion," takes a swipe at Senate Democrat Leader Harry...


Bailout recipients like Perry

Gov. Rick Perry says he doesn't like federal bailouts, but when it comes to bailout recipients, he'll take their money. His latest campaign report shows that Bank of America PAC gave him $15,000 and JP Morgan Chase and Morgan Stanley...


Perry: Hate the bailout, love the money

Apparently Republicans in Washington didn't get Rick Perry's message -- Bailout? We don't need no stinkin' bailout! With the incoming administration pressing for record-setting spending to jump-start the economy, Texans on Capitol Hill are elbowing themselves to the front of...


Perry: auto maker bankruptcy won't hurt Texas

Gov. Rick Perry says the collapse of talks in the Senate on an auto industry bailout is good news. Perry says he's not worried that the Big Three automakers might go into bankruptcy. He says right-to-work states in the South...


Rep. Pete Sessions: votes aren't there for automaker bailout

U.S. Rep. Pete Sessions, R-Dallas, was at an announcement for a new initiative between the YMCA and Department of Defense this morning. Afterwards I asked him about Thursday's automaker bailout hearings and what the next step is. Mr. Sessions said...


Gov. Rick Perry and Democratic counterpart prod Congress to pass bailout, put aside partisanship

Texas Gov. Rick Perry, chairman of the Republican Governors Association, is joining forces this morning with the chairman of the Democratic Governors Association, Gov. Joe Manchin of West Virginia, in demanding that Congress quit dickering and pass an economic bailout...


The Day After: House E-Mail Servers Flooded with Millions of Voter E-Mails

Word comes from a congressional office that House members are getting so much email through their Web sites that techs have had to limit the number of emails getting through. House offices are being told: "During hours of peak demand,...


Bailout vote: Texans split, in both parties

Texans in both parties were on both sides of the House vote on the bailout. The bill failed 228-205. Texans voted 23-9 against the $700 billion deal. The opponents comprised an unusual coalition of the most liberal and most conservative...


Texan congressmen help sack bailout bill

The House of Representatives rejected the proposed bailout of the financial industry by a vote of 205-228, with one member not voting. 140 Democrats and 65 Republicans voted for the measure, which would have provided up to $700 billion to...


Obama and McCain will join White House summit on financial bailout

Hard not to shudder a bit when the president warns that "our entire economy is in danger" and a we're in for a "long and painful recession" if Congress can't enact a bailout package soon. Guess that's why everyone accepted...


McCain shocker: demands delay of Friday debate and brainstorming session with Bush and Obama on Wall St. bailout

John McCain just announced that he's suspending his campaign to focus on the financial crisis. He's demanding a postponement of the first presidential debate, scheduled for Friday night. He's asking President Bush to convene a meeting involving him, Sen. Barack...


Texas Republicans are resisting the Paulson bailout plan

A bunch of Texas conservatives are squealing about the administration's proposed bailout of financial markets. Rep. Jeb Hensarling, R-Dallas -- head of the 100-strong conservative bloc, the Republican Study Committee - says he's "highly skeptical of the Paulson plan" and...


The bailout minefield could be an opportunity for McCain

The financial market meltdown has hijacked the presidential campaigns. Anything with a price tag of $700 billion is bound to get a voter's attention. But the only thing more "toxic" than all those bad mortgage loans is the president's approval...

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