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“All The News You Never Knew You Needed To Know …Until Now.”

In The News: The debate between Sarah Palin and Joe Biden was NOT a ‘main event’. Details.

Bill Fisher, at “The World According To Bill Fisher” likes Joe Biden’s credentials:

Joe Biden arguably knows more about world affairs and American foreign policy than anyone in the U.S. Senate. Like his running mate, he is also an expert on the Constitution and teaches Constitutional Law at American University. That should reassure us that an Obama-Biden win in November might return our country to such quaint niceties as checks and balances, limits on Presidential power, secret government and the rule of law.

Joe Biden is nobody’s fool on domestic policy either. His name appears on some of the most consequential legislation in recent history: To cite just one of many examples, the Violence Against Women Act.

But Bill DOES have a question for Joe Biden, regarding his culpability in the creation of the mortgage and financial mess we’re in:

But Biden is not without his vulnerabilities. Among the most glaring of these was his support for the so-called “Bankruptcy Abuse Prevention and Consumer Protection Act of 2005″. This bill, which President Bush signed into law in 2006, neither prevented bankruptcy abuse nor protected consumers.

So what did this law do? As reported in 2005 by Arianna Huffington, when she was writing for Slate, it made it harder for average people to file for bankruptcy protection; it made it easier for landlords to evict a bankrupt tenant; it endangered child-support payments by giving a wider array of creditors a shot at post-bankruptcy income; it allowed millionaires to shield an unlimited amount of equity in homes and asset-protection trusts; it made it more difficult for small businesses to reorganize while opening new loopholes for the Enrons of the world; it allowed creditors to provide misleading information; and it did nothing to rein in lending abuses….

This law was a gift to the many of the nation’s biggest credit card companies, which spent years and millions lobbying the government for its adoption (and wouldn’t give up despite two earlier vetoes by Bill Clinton).

And guess what? Many of those credit card companies are incorporated in Joe Biden’s home state of Delaware. Biden has been particularly cozy with MBNA, a Delaware-based financial services company that is now a subsidiary of Bank of America. Over the past 20 years, MBNA has been Biden’s single largest contributor.

In Full @ The World According To Bill Fisher
Speaking of mortgage bailouts and economic nightmares, is The “Fix” In? The House of Representative go to vote on the handed-down-from-the-Senate economic ‘Rescue’ bill, and IT IS a laundry list of ‘pork’, ‘christmas trees’, and outright bribery. More.

Pakistani mullahs have issued a fatwah against their own president for… hehehe… consorting and flirting with Vice Presidential hopeful Sarah Palin at the UN meeting a week or so ago.

Wells Fargo buys Wachovia after CitiBank passes on the deal.

After the commentary, Will Kimbrough, of Todd Snider’s Nervous Wrecks admits… “I Lie”. Courtesy of the respective artists and KPIG radio Freedom California Earth. Listen to KPIG (PopOut Player)

Some of Da’ Buffalo’s Rethuglican readers have requested equal time to slam the Demoncrats… Here it is:

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[October 03 2008] Travus T. Hipp Morning News & Commentary: Misplaced Blame Department - The Critics Say The Problem With Politicians Is Their ‘Lying’, But We MUST Discount That Because Americans Are Used To Being Lied To

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