Today Show Headlines: Meltdown Goes Global

[cali]

Bus overturns in CA, Man hit by lightening.

It's all the economy. The Ayers attack is waaay down on the list. It's all about the world markets collapse.

[MadBadger]

1. CNN seems to have their priorities straight

Fox News is shit like usual, and besides Pat and Joe, Mika and Company seem to be not buying the shoveled bullshit.

[endthewar]

5. CNN has been covering Ayers

covering him right now in fact. However, CNN is covering it as Palin lying about Obama.

[fasttense]

2. We could have had the exact same results without wasting $700 billion

of taxpayers' money.

Will Congress now start listening to "We the People" instead of "me the bush"?

[cali]

3. yep. the economic meltdown was coming

and the bailout was predestined to be a bust.

[endthewar]

6. The money hasn't been spent yet and some banks seem to be balking at the deal.

It'll be interesting to watch how many banks participate in the reverse auctions.

[No Elephants]

4. And the Keating 5 thing ties in perfectly to current bad news.

[No Elephants]

7. It should not be a surprise. We sold crappy mortgages and crappy mortgage related securities around

the world. If we don't have a magic bullet for them, why would anyone else?

[endthewar]

8. Funny thing is

the crisis could be immediately by just helping out the homeowners since defaulting on mortgages is the root cause of the credit crisis. Faced with the choice between bailing out the bank or bailing out the struggling homeowner, the bank gets bailed out.