Campaign Updates and Media Headlines 10/6/08
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Halloween masks, a barometer of election? (AP)NEW YORK - The method is far from scientific, but Halloween stores are predicting the winner in the presidential election, and there’s no exit polling needed — only political mask sales. Halloween suppliers say sales of masks of presidential candidates have predicted the winner in the last several campaigns. So far, that’s good news for Barack Obama, whose mask was outselling John McCain’s in Spirit Halloween and iParty stores and online at Amazon and BuyCostumes.com. But this year’s Halloween campaign has a dark horse: Sarah Palin. Because of her relatively late announcement as a vice presidential candidate, costume suppliers were unprepared.Wall Street tumbles amid global sell-off (AP)NEW YORK - Financial markets took a bleak view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to provide relief. The Dow Jones industrials skidded more than 400 points and fell below 10,000 for the first time in four years, while the credit markets remained under strain.Hillary’s Senate Floor Statement on the Hanky Panky (by Anglachel)[T]here is at least one Democrat in the Senate who is thinking extremely concretely about how to reform the financial system from top to bottom. She opens with some straightforwardly constituent-oriented explanation for her vote: New York is the nation’s financial center and is going to get the stuffing beaten out of it unless things can be stabilized. She doesn’t sugar coat it. “…Millions of mortgages are underwater or under specter of adjustable rates set to rise. I am proposing what we’re calling The Homeowners Mortgage Enterprise, an acronym obviously spelling HOME, to rewrite mortgages and reset terms so that creditworthy, responsible families can keep their homes and keep making affordable payments. Through such a HOME program, we’d also be able to consider freezing adjustable mortgage rates and even placing short term moratoriums on foreclosures.” Hillary reads her Roubini…What Hillary proposes is a programmatic and political solution to the devastation wrought by the Movement Conservatives on the geenral public. This is what Democrats need to be prepared to do if they can recapture the government in November. This is what Democrats need to run on. Now if we only had a Democrat running for president…Obama should come out with a 2.0 Recovery Plan (by John Amato at Crooks and Liars)Obama has a lead in all the national polls and has made significant progress in the battleground states at this point so I think if he wants to cement his run at the White House he should come out with an updated version of an economic recovery plan that further illustrates his leadership abilities. And with his constant call for bipartisanship he can summon the Republicans to join him for the good of America or he’ll be able to paint them as ideologues hell bent on retaining their power in Congress instead of trying to use their authority to help the American people.Ha ha ha ha ha ha, John, you’re such a comedian. Obama’s too BUSY to be coming up with a stupid recovery plan. As Lambert tells us, he can’t interrupt his campaigning schedule to spend the time dealing with a plan that could keep us all from starving to death.—CaroClick here for more political and media news headlines.Carolyn KayMakeThemAccountable.com
