- Fighting entered its second day in Iraq's southern city of Basra, prompting fears that the radical Shiite cleric Moqtada al-Sadr could pull out of a cease fire that has been in place there since last summer. Thus far, 40 people have been killed and 200 wounded. [New York Times]
- John McCain, trying to bolster his credentials in an area he has admitted he doesn't know much about, blames the American mortage meltdown on complicated financial instruments, irresponsible lenders, and people who borrowed more than they could pay back. Hillary Clinton calls him "Herbert Hoover." [New York Times]
- Clear Channel, the publicly traded broadcaster that ruined American radio, was going to go private, but now that deal is about to fall through. [Wall Street Journal]
- A hilarious Russian man who once dated Liza Minnelli is poaching women's basketball players from the United States and luring them to Russia with massive salaries and tiny audiences of confused Slavs. [Los Angeles Times]
- Barack Obama has been tagged with "the 'L' word", probably because of all that dancing on Ellen's show. [Washington Post]
- Oh, you want to see tax returns, America? Feast your eyes on the Obama family's, which proves that our wonderful nation lets everyone prosper — even two attractive Harvard-educated lawyers. [Politico]
Daily Briefing








Comments
Re: McCain/mortgages... I think it's unfair what Clinton's doing with the Hoover comparison; after all, Walnuts is much, much older than Herbert would have been had he lived to the year 2008.
But I'm confident in McCain's plan to turn around America's fiscal fortunes: put our money in the blue chips: Transatlantic Zeppelin, Amalgamated Spats, Congreve's Inflammable Powder, U.S. Hay, and sink the rest into that up-and-coming Baltimore Opera Hat Company.
Baltimore Opera Hat Co. IPO is going to be huge. I wants to get in on some of that. I hear they are going to let the maestro, H. R. Fendlewick, ring the bell at the New York Stock Exchange today.
I'd like to take after McCain's method on being personally responsible for your own financial fortitude. Marry a rich bitch.
Barry is a Lesbian? I would have never guessed.
@norbizness:
Don't forget Onion Belts®.
Re: Clear Channel meltdown. Can I get an amen for the article writer, who managed to describe the deal as a "bizarre kabuki dance"? Kabuki!
@southerndem: Some say Clinton did it first.
@southerndem: He's trying to hit every demographic he can.
$13k for the Congressional Black Caucus, but none for the Imus Ranch?
@ALIVE!: I thought Eleanor Roosevelt was our first lesbian president.
@queeraselvis: Amen. They aren't called Cheap Channel for nothing. They earrrrrrrrrrrrrrned it.
I spot a typo: it's actually M-I-double N, then E-double L-I.
Also, who hasn't dated/married/divorced Liza?
I have put my royalties from the family sorghum pits into debentures for that upstanding establishment, Monongahela Lead and Alkalai.
@queeraselvis: I haven't. But then, I'm straight.
McCain: You mean there are actually people who will pay good money for garbage?
Lisa: Not good money, really. Each can will get you a nickel.
McCain: Ooh, don't poo-poo a nickel, Lisa. A nickel will buy you a steak and kidney pie, a cup of coffee, a slice of cheesecake and a newsreel... with enough change left over to ride the trolley from Battery Park to the Polo Grounds.
Clear Channel's fiscal problems shows that there is a small, but schadenfreud-ilicious upside to the lending bomb.
SubPrime killed the Radio Scuz
@btabs: THANKS MOM THAT IS FIXED NOW.
Politico notes: [www.politico.com] 8/9214_Page2.html
In 2005, Obama's first year in the Senate, the Obamas enjoyed their most lucrative year.
In addition to the $1.2 million Barack Obama received from book-related payments that year, Michelle Obama saw her salary from the University of Chicago Hospitals, where she works as an administrator, more than double to $317,000."
[snark: That was at the time Obama asked for a million dollar earmark for her employer.]
And I liked this part too:
"In 2006, Michelle Obama received $51,200 in income from TreeHouse Foods, Inc., a major Wal-Mart supplier where she had been among the directors since June 2005.
She stepped down from the board last May after her husband ripped Wal-Mart, which is derided by liberals for anti-union stances, in a speech at a union forum.
But in a statement announcing her resignation, the company said she stepped down because of "increased demands on her time."
@econdave: You're in good company. Rumor has it that Bubbles the Chimp turned her down flat. Oh, that was Elizabeth Taylor. Sorry. Carry on.
@Sara K. Smith: I just felt bad. She's been trying to teach us how to spell her name right since 1972.
Comment on this post
Reply by EmailLogin with your username and password below. Or comment on this post via email.
Forgot your username or password? New User?