The Texas Blue: News
Odd Developments in the Bear Sterns Buyout / Bailout
Mon, 03/24/2008 - 9:30am
So get this: on Sunday, JPMorgan was in talks with Bear Sterns about raising the purchase price from $2 to $10 per share, as Bear Sterns stockholders were more or less livid with rage about the selling price being so low. Bear Sterns stock increased once the news got around, but the Fed isn't happy. As a new price must be approved by the Fed, something has to give or the deal might be off.
TDP Chair Boyd Richie: Democratic Growth in Texas is the Real Deal
Mon, 03/24/2008 - 9:07am
TDP Chair Boyd Richie discussed the Democratic Party primary and caucus system as well as what the Democratic growth in Texas implies in an editorial at the Dallas Morning News on Friday. The business:
Democrats see our challenge as a tremendous opportunity for our party, the benefits of which will extend far beyond this election year. Texas Republicans would love to have the challenges we face now. They must instead deal with a record of economic failure, millions of Americans without health care, an unpopular war, a generation being priced out of college, and a trail of scandal and cronyism.
Daily News, 3/24/08: A Mixed Basket
Mon, 03/24/2008 - 8:25am
Over Easter Weekend we had some revelations both interesting and somber, including news about oil prices and production, political interplay, and violence in Iraq.
Bringing It, Rajun' Cajun Style
Sun, 03/23/2008 - 6:17pm
James Carville, in yesterday's New York Times, discussing New Mexico Governor and former Clinton administration Mr. Everything Bill Richardson's endorsement of Senator Barack Obama:
“Mr. Richardson’s endorsement came right around the anniversary of the day when Judas sold out for 30 pieces of silver, so I think the timing is appropriate, if ironic,” Mr. Carville said, referring to Holy Week.
That's a New One on Me
Sun, 03/23/2008 - 5:00pm
I noticed something linked from Huffington Post that I don't think I've seen before, and I wanted to share it with you before I get back to my family: a Connecticut newspaper that endorsed Joe Lieberman in 2006 has apologized for it. Seriously.
Exxon Wants More Money
Sun, 03/23/2008 - 8:38am
ExxonMobil officials recently showed production projections to some analysts in New York City. These projections revealing that, despite record profits and a regularly increasing demand, they are going to keep production at the same rate it is now for the next five years. This will, of course, lead to higher prices and increased profits. I hope it will also lead me to invent a way for my car to run on wishes and banana peels.
Not-That-Endangered Species?
Sat, 03/22/2008 - 11:44pm
What's the most effective way to get more animals off of endangered species status? It seems that according to the Bush administration, it's by making it harder to get on in the first place. If you'd think this would lead to more species nearing the brink of extinction or being lost altogether, the article seems to indicate you'd be right.
Everything I Need To Know About Foreign Policy I Learned In Kindergarten
Sat, 03/22/2008 - 6:43pm
Well, no wonder foreign policy is hard. I suppose I'd be pretty grouchy at the Bush administration too if I'd been a friendly nation that they tried to browbeat into supporting U.N. resolutions that were against my interests, and then "rejected, mocked, and even punished" me when I didn't. Don't we know that bullies never win?
Rush Limbaugh, Fifth-Degree Felonies, and You
Fri, 03/21/2008 - 3:30pm
An investigation of illegal crossover voting in the Ohio primary is underway, and there's more discussion of whether Rush Limbaugh's encouragement to Republicans to vote for Clinton was illegal:
While this all makes for great talk radio and sounds like fun, there is one catch: What Limbaugh encouraged Republican voters to do in Ohio was a fifth-degree felony in that state, punishable with a $2,500 fine and six to 12 months in jail. That is because in order to change party affiliation in Ohio, voters have to fill out a form swearing allegiance to that party's principles "under penalty of election falsification."
It is quite an interesting read if you're into things like election law.