Live Blogging – mccain and Obama Debate #1 in Mississippi at Ole Miss – Foreign Policy

The live blogging from tonight’s debate will be short and sweet.

Nobody hit a home run.  Nobody won.  What a boring ass debate! mccain looked senile several times. Obama fortunately answered the questions directly – for the most part – rather than try to lecture everyone. Regardless, lame as hell.

On a side note, why and the hell won’t Obama come out and straight up say that the surge has UNDOUBTEDLY NOT WORKED as originally seen on BccList.com here and here? All Obama has to say is the following: “Our troops are fighting their asses off. They are doing an outstanding job. But, while Iraq has a surplus being of money stored in New York banks, we have bridges falling and markets crashing. This expensive/unfounded war and surge are ruining us systematically.”

Update: 10:34 pm EDT – Isn’t it past mccain’s bed time?

A Bailout of mccain’s Campaign

I refreshed my browser that was pointed at Bloomberg.com to make sure I wasn’t seeing things before visiting a handful of other sites to confirm that senile mccain seriously suspended his campaign. Is he kidding?

No matter what “crisis” occurs, neither candidate should suspend their campaign during this democratic process of selecting a president. This is a presidential general election – not a sporting event. What is the mccain camp thinking?

Joe Biden Great Depression Gaffe? NO! FDR Leadership During the Stock Market Crash of 1929 – Interview with Katie Couric

http://www.politico.com/blogs/bensmith/0908/Biden_garbles_Depression_history.html

In the above link, Ben Smith reports that Katie Couric and Joe Biden were talking about the leadership the White House must show when markets are in turmoil. Hey Ben, actually watch the interview – I wouldn’t trust you to order a pizza.

1) Unlike what Smith “reported.” White House leadership was never mentioned during the aired interview with Couric.

2) FDR was the governor of New York during the 1929 crash. This said, like New York Governor Paterson this time around, FDR got on the airwaves and showed great leadership.

3) Ben Smith is an idiot…

You can skip forward to the 1:45 minute mark to see the “gaffe” in question…

P.S. Biden did misspeak – the television didn’t exist in 1929. One should assume he meant radio since FDR was a presence on the radio airwaves during the Wall Street crash.

mccain Aide’s (rick davis) Firm Was Paid by Freddie Mac Through August 2008

The general election should OFFICIALLY end once this hits the nightly news tonight. Regardless, it will be interesting to see how these rat bastards try to squirm themselves out of this lie…

http://www.msnbc.msn.com/id/26859857

“One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month to a firm owned by Senator John McCain’s campaign manager from the end of 2005 through last month, according to two people with direct knowledge of the arrangement.

The disclosure contradicts a statement Sunday night by Mr. McCain that the campaign manager, Rick Davis, had no involvement with the company for the last several years. Mr. Davis’s firm received the payments from the company, Freddie Mac, until it was taken over by the government this month along with Fannie Mae, the other big mortgage lender whose deteriorating finances helped precipitate the cascading problems on Wall Street, the people said.”

henry paulson is a Joke – Lame Attempt at Answering Senator Jim Bunning’s Government Bailout Question During Senate Banking Committee Hearing

Republican Senator Jim Bunning from Kentucky just asked paulson during the Senate Banking Committee meeting, “Why is the government bailout going to include student loan and credit card debt?  How does that fix the housing problem?”

Good question.  paulson danced around, stumbled about 300 times, and finally sort of admitted he didn’t have an answer.  No joke – it was REALLY embarrassing to watch.  He sounded no smarter than bush and that’s scary seeing that paulson is heading up this $700 billion bailout that seemingly hasn’t been well thought out.

I’m never tuning into CNBC via the Slingbox during my lunch hour again. I will try to find a video tomorrow on youtube so y’all can see how bad things have gotten.

Update: http://www.forbes.com/business/2008/09/23/congress-paulson-congress-biz-beltway-cx_jz_0923pinata.html

As seen in the above link, Senator Bunning went on to say…

The Paulson plan will not fix [these] problems; the Paulson plan will not help struggling homeowners.” Bunning continued, saying the bailout out would do nothing but “prop up and clean up the balance sheets of Wall Street. It is a financial socialism and it’s un-American.”

The Difference Between Google and Microsoft’s Live Search – You Can Judge a Site by Its Mainpage

It’s common knowledge that Microsoft Live Search blows/way underperforms.  As mentioned originally on BccList.com here, it will be interesting to see what happens to the world of online advertising if Microsoft ever delivers a somewhat decent search engine product.

In the interim, check out the differences between the mainpages (google.com/msn.com) of each search engine yesterday as they were collectively ringing in the fall season with a leaf.

Good Enough of a Leaf:

Embarrassing/Lame Attempt at a Leaf on MSN.com:

P.S.  Live.com is usually aesthetically pleasing but nobody goes there.

Oil Futures Trading on September 22, 2008 – WTF?

http://www.ft.com/cms/s/0/a42969f2-88e1-11dd-a179-0000779fd18c.html

The interest rate thankfully wasn’t slashed last week by the Fed. Demand of oil is down. Supply was only slightly cut the last time OPEC met. But, the price rose $25 a barrel yesterday. What the fck is going on? I’m not joking – there needs to be an investigation into market manipulation.

You’ve probably been forced out of your $95 (or so) short position by yesterday’s rise in price. If you weren’t, stay in the position – this price spike on 9/22 is unexplainable and should drop soon enough though I guess you can never tell.

The only thing I can imagine causing the recent oil price increase is the fact that nobody is trading in a stock market that can’t be shorted. Commodity and oil prices may be extra volatile for another 8-9 days – stock market trading will remain meaningless until the short ban on financial shares ends October 2nd. On that note, could October 3rd be known as Black Friday since traders are dying to get back into the market and short the bejesus out of worthless financial shares trading too high like Goldman Sachs?

Update: As of 9/23 at 12 pm CDT, the price slid back to a more realistic number of $105 a barrel during trading today.  Somebody start the above mentioned investigation IMMEDIATELY.