Skip navigation.
The Texas Blue
Advancing Progressive Ideas

The Texas Blue: News

A Bad Day in the Car Business

So General Motors lost $3.3 billion in the the first three months of 2008. Chrysler lost something like $6.5 billion.

News Roundup, 4/30/2008: And Lo, the Sixth Seal was Broken

Watch out for the rain of toads - Clinton is going to O'Reilly Town and Bush thinks Congress is to blame for all the costinating at the grocery pump.

Obama: Wright Is Wrong

Following Pastor Jeremiah Wright's media tour over the past few days explaining his controversial statements at the pulpit, Senator Barack Obama is more aggressively distancing himself from his embattled pastor, saying he "might not know him as well as I thought."

Another Attempt At Seating Michigan Delegates

Four Michigan Democrats, including Senator and Armed Services Committee Chairman Carl Levin, have signed their name onto a compromise plan to seat Michigan delegates to the Democratic national convention.

Clinton On O'Reilly Tomorrow

It looks like I may actually have a reason to watch Fox News twice this campaign season: Senator Hillary Clinton will be making an appearance tomorrow on The O'Reilly Factor.

KBR: Gold Spurs and Sexual Assault

Think Progress shares another in the long line of shameful and scandalous stories about contractor KBR and the actions of some of their employees in Iraq:

For Cheap Gas, There's No Place Like Home

Here's a potential body blow to our reliance on oil that comes from an unlikely place: Two California entrepreneurs are developing a machine for home use that allows you to create ethanol from sugar for as little as a dollar a gallon.

Bush Blames Congress

I am not kidding — today President George Bush blamed Congress for the bad economy. Basically, his claims and complaints are that he has awesome ideas to fix the economy but Congress won't do anything with them. He then called on them to quickly — and no doubt magically — fix everything.
So now at least we know the source of the problem.

The Fed Continues Dropping It As If It Were Hot

So, hey, the Fed is meeting again, and the expectation is that they will decrease the key interest rate one more time by .25 percent. That will bring it down to 2 percent. If you need to refinance stuff and your credit score is like 1100, now is the time!