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By CJP | September 22, 2008
 Good morning, Janes! Anna Post and our friends at the Emily Post Institute reminded us that today is national "Thank You Day." So in that spirit, we'd like to thank you, the Janes, for reading, writing and engaging with CJP. You're the wind beneath our wings. We'd also like to thank the 2008 candidates, for winning when they shouldn't, losing when they shouldn't, nominating a governor for v.p. who's the equivalent of gas on a flame, and generally making this election cycle the least predictable, most entertaining one we've ever seen.
We'd also like to say "you're welcome," to the President, the Secretary of the Treasury, the CEO of AIG and everyone else involved in the bailout of America's financial markets. Even though you've never actually thanked us for paying your tab at the craps table on Wall Street, we assume your thank you gift to us is in the mail. Hopefully it looks like our thank you gift for our gals. We call it the Morning Jane....
Top Domestic Story: Campaign 2008
- McCain and Obama both generally backed the government bailout over the weekend, but both refused to change their tax cut or spending plans to reflect the new realities facing Americans. McCain said he'd press for the bigger tax cuts he wants, esp. for the highest incomes, while Obama said the billions in new spending he wants is essential for America's "competitiveness." UGH. [New York Times]
- Obama and McCain are feverishly prepping for the first presidential debate on Friday night. The Obama camp is looking for ways to spark McCain's famous temper, while the McCain staff has alerted the boss to listen for Obama to say, "As I've said before." They say that's "when Obama actually changes his position, to pretend it's what he's always said." [WSJ]
- Even if SNL isn't pulling for Palin, she drew the largest crowd of any presidential rally in Florida so far this year. Estimates pegged it between 25K and 60K, well over George Bush's draw of 15K in 2004. One fan said, "She's awesome. She's genuine. She's believable." [St. Petersburg Times]
Top International Story: American helicopters attempted to fly into Pakistan last night, likely in pursuit of Taliban militants moving across the Afghan/ Pakistan border, but were repelled by the Pakistani military firing shots into the air. Pakistan's new president faces serious unrest with this and last week's bombing of the Marriott in Islamabad. [BBC]
The last two big investment banks on Wall Street are no longer. Goldman Sachs and Morgan Stanley became "bank holding companies" over the weekend, which means they'll trade greater regulation for the chance to borrow more money from the fed. Said one banker, "The model of freestanding investment banks is kaput." [Washington Post]
The $700 billion bailout announced over the weekend is not a done deal, as Dems on the Hill demand more in exchange for the taxpayers' largesse. Nancy Pelosi warned, "We will not simply hand over a $700 billion blank check to Wall Street and hope for a better outcome." [Washington Times]
With so many professional stylists in L.A., you'd think nobody would make the Emmy's Worst Dressed list. And you'd be wrong. [stylistitless.com]
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September 22nd, 2008 at 9:13 am
thanks for the link
September 22nd, 2008 at 9:26 am
YECH. When will government realize that rewarding risky behavior is the best way to encourage people to continue that behavior?
September 23rd, 2008 at 12:29 am
Hi Patricia, typo in the third line, “spirit”.
love the site, Daniel
September 23rd, 2008 at 4:10 am
oops! Thanks Daniel:-)