Wednesday, September 24, 2008


From Congressman Barney Frank this morning on The Diane Rehm Show, regarding the Republicans' resistance to limiting corporate executive severance pay (a.k.a. the "Golden Parachute") for companies that will be bailed out by the U.S. taxpayers:

"The Bush administration continues to insist that they can't accept any restriction on executive compensation for those companies that are benefiting. Frankly, I talked to the people in the administration about this and they acted [as] if I told the chief rabbi in Jerusalem to eat bacon on Yom Kippur. I mean, it kind of just resonates in a way that threatens their whole worldview".

In other news, it seems a few million people have been restored to sanity. Several new polls have come out in the last 36 hours, all showing Obama once again ahead (some show fairly wide 8 - 9 point leads).

Another bright spot of the financial collapse has to be the sobering of media coverage that has resulted in a happy media absence of everyone's favorite lipstick-wearing, Russia-seeing, executive experience-having, pageant-winning, young Earth creationist hockey mom. So, you know, that's good.