HOUSE REJECTS BAILOUT

Amid a laundry list of concerns surrounding the Wall Street meltdown, the House of Representatives voted 'No' on the $700 Billion Wall Street package.

The Show Must Go On!

(ONNpolitics) -- The reason behind the suspension of Sen. John McCain's presidential campaign has perplexed many for the last few days. Of course his reasoning, at least what he's saying, is due to his presence being necessary for striking a congressional deal in latest financial 'crisis'. And by the way, he has not indicated, as of yet, if he intends to show up for the presidential debate this evening in Mississippi. However, I am a little bit more skeptical about the reason behind John McCain's drastic action on the days leading up to the debate.

I'm not buying this idea that he needed to be in Washington. In fact, yesterday, the congressional leaders working on the plan commented that his presence is counterproductive. However, it would be necessary if a candidate were weak on the economy for him to appear as taking leadership in the wake of a financial crisis. But, we all know that there is little that Sen. McCain can do in this situation.

This leads to my analysis of the campaign suspension. As of yesterday, the McCain campaign has proposed that the presidential debate should take the place of the vice-presidential debate at Washington University in St. Louis next week. This would push the vice-presidential debate out at least two weeks. Which, in my opinion was the plan from the beginning.

McCain's vice-presidential pick, Sarah Palin, is not yet ready to debate the seasoned veteran -- that is Sen. Joe Biden. After watching Palin's interview with Katie Couric this week, it is strikingly obvious that she is not prepared for a debate with Joe Biden, or anyone for that matter. Couric responded on one morning show that she felt as if Palin was often unresponsive to questions -- in a nice way saying she didn’t understand. This was also the scenario with Palin in the Gibson interview when she seemed to revert back to stomp speech rhetoric instead of answering the question at hand.

Never in my adult life, while studying politics, have I seen someone so uncomfortable when being questioned about their policy stance. Often, it seems as though the McCain Camp has over coached her, leaving her mind in a blizzard of political jargon that she is not used to. This explains why she's been so guarded from the media in the weeks following the GOP convention, lest she makes a revealing gaffe.

The McCain camp isn't fooling anyone with their latest stunt. We all know that its Palin that he's trying to protect. But its only a matter of time before she has to face the media and the barrage of questions waiting on her. This is simply an issue that Sen. McCain can't run from.

Will debate be canceled?

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Where did we go wrong?

(ONNbusiness) -- After a year of an embattled market environment leading up to the events that transpired this past week, any logical student of the economy can't help but to wonder if this is the official end to capitalism as we once knew it.

On the eve before the "Wall Street bailout", financial markets are on the verge of being partially nationalized, with health care and the auto industry to follow. Its almost like we blinked one day and now we're here. Although most have been on the edge of their seats wondering were this down turning market would land us, no one could have told me a year ago that the government would have to seriously consider infusing Wall Street with $700 Billion. Sadly, it has become reality. We are literally at the mercy of the federal government begging for help, lest we experience the most widespread economic melt down in the history of the US -- so says Henry Paulson.

As many may know, I'm one of the most optimistic people in terms of the comeback of financial markets, but I'm shook up by the realism of a single Time article that parallels our current situation with that of Western European semi-socialist welfare states. The comparisons were real.

As we go forward waiting for the outcome of financials, I am humbled by these words: "One can only hope for the best even though the contrary seems inevitable."

Struggling to Answer

(ONNpolitics) -- During her first interview since accepting the GOP nomination as the vice presidential pick, Alaska Governor Sarah Palin struggled to answer foreign policy questions posed by Charlie Gibson. In what is being characterised as an interview with an "eager student, who crammed for an exam and was repeating talking points", Palin is receiving mixed reviews by critics.

During the start of the interview Palin seem to be "well rehearsed", but by the end it became obvious that she was "blind-sided" by the more in-depth foreign-policy questions. She dubbed the Russian-Georgian war as being "unprovoked" and folded when asked what the Bush Doctrine was.

There is so much more I could highlight, but I don't want to seem overly negative. However, She is a sitting duck now. She obviously isn't as versed in politics as she was made out to be. Her resume is extremely thin, which should be a red flag for many. But for the sake of ideology people will try to fluff-up something that doesn't exist. Believe me the media knows it know, and her next interviewer won't be as nice as Gibson, who could have exposed her on the spot, but was reluctant.

What happens when she has to face Biden in a debate? Will she try to stump-speech her way out? I don't know, but I sure hope she's a quick study. So far, from what I saw last night she studied for the wrong test!

Palin Interview

LIEBERMAN MUST GO

There is a Judas in the party that must be ousted. For months now Sen. Joe Lieberman has paraded his betrayal of the party around the nation, which should be an insult to anyone who calls themselves a Democrat. Lieberman is a political degenerate who has brown nosed the Republican party in his last attempt to salvage his political career, but we're on to you now!

Standing before the GOP National Convention last night, Lieberman desecrated the words of George Washington in an attempt to justify his betrayal and dishonour.

Lieberman, my friend, your run is over!!!

Visit this site to have Leiberman removed from the party caucus>>> LIEBERMAN MUST GO

Judas Exposed

Let the grilling begin

(ONNpolitics) -- Over the weekend we've heard the GOP's talking points, in which they've tried to compare McCain's VP pick ,Gov. Sarah Palin , to the Democratic presidential nominee, Barack Obama. This is a result of McCain putting his foot in his mouth after months of understating Obama's foreign policy experience, and then choosing Sarah Palin as his VP choice. The Obama camp has stated over-and-over for the past few days that this was a bad choice by McCain, due to Palin's thin resume in foreign and domestic policy. The criticism of the Palin pick hinges on the phrase coined by the Obama camp the she'd be "a heart beat from the presidency".

Obviously, this was totally a political choice by McCain, who is attempting to win over the women's vote, while not adequately vetting his choice, as word surfaces that he didn't send his vetting team to Alaska until one day before his decision. Now with all of the baggage that has surfaced with Palin, the McCain Camp is now sending out 'vetters' to get a full examination of Palin's life. But what good are these efforts now? She's already out there for the world to see! And, as I predicted would happen, the media is feeding on it now. No matter how they spin it, she simply isn't qualified.

McCain Aide Grilled Over Palin, and Has No Answer