In the News: October 1st, 2008


We are making an effort here at PCT to allow our little podunk blog to grow, mature, and give the best possible venue for solid news and some sensible opinions. We are looking over articles that we view as pertinent to todays situations and a few you might not see in the MSM that are equally important.

This is called, "In the News." Basically just a culmination of three or four articles taken from today's headlines via Townhall, The American Prospect, RCP, News Media Journal, Drudge, etc. Note, we are Conservatives here and opinions will be given from that stance. If you disagree, go for it, we want to hear what you have to say. One of the fundamentals we believe in here at PCT is the First Amendment. With that in mind, Left leaning opinions are more than welcomed and wanted, we need somebody to fight with. So here we go.

Dem: House GOP Ignored on Bailout

Bob Cusack, The Hill-Rep. Paul Kanjorski (D-PA) on Friday suggested Democratic leaders did not solicit enough input from House Republicans on the financial rescue package. During an interview on CNBC, Kanjorski pointed out that House Republicans have balked at the new compromise on the bailout. Asked whether House GOP lawmakers are right to believe they were slighted, Kanjorski replied, “I don't know that we included them in enough, and that's always a dangerous thing in politics. Remember, you're dealing with egomaniacs. We're all egomaniacs down here.” Read more...
Cred to Rep. Kanjorski (D-PA) for admitting the narcissistic tendencies of the infants in Congress. But remember before you judge the Republican Rep's to harshly, this is a two way street. I think the consensus is in about Pelosi shooting off her mouth. This woman has no intentions of ever being bipartisan, nor does the pissing chihuahua from Nevada.

This next one is a little older, posted on the 24th of September, but I found it interesting because I have not heard anything about it in the MSM here in the States.

FBI Investigating Fannie Mae & Lehman Bros.

Suzy Jagger, The Times of London-FBI is trying to pin down whether executives at four American financial institutions, believed to have triggered the $700 billion proposed bailout of Wall Street, lied to shareholders, it emerged yesterday. The Federal Bureau of Investigation has launched an inquiry into Fannie Mae and Freddie Mac, the mortgage companies; Lehman Brothers, the collapsed investment bank; and AIG, the nationalized insurance company. While a spokesman for the FBI last night told The Times: "We don't name companies", it is understood that investigators are trying to ascertain whether fraud helped cause some of the troubles at the four groups. Read more...
This is a step in the right direction as far as justice being served. If the FBI is involved you can bet it is going to get deep and some heads will roll. My only concern is that this could turn into a witch hunt, they need to nail the proper people, the ones fudging the numbers.

Pelosi Paid Husband with PAC Funds

Jennifer Haberkorn, The Washington Times-House Speaker Nancy Pelosi has directed nearly $100,000 from her political action committee to her husband's real estate and investment firm over the past decade, a practice of paying a spouse with political donations that she supported banning last year. Financial Leasing Services Inc. (FLS), owned by Paul F. Pelosi, has received $99,000 in rent, utilities and accounting fees from the speaker's "PAC to the Future" over the PAC's nine-year history. The payments have quadrupled since Mr. Pelosi took over as treasurer of his wife's committee in 2007, Federal Election Commission records show. Read more...
This is high-larious, this is the same thing that Pelsoi was actually fighting against. Now, this is not illegal, it just smacks and smells of impropriety. My feeling on them matter is, if it is going to raise flags, legitimate or not, it is probably better not to do it. Especially considering Botox Nancy's position in politics.

VP debate moderator Ifill releasing pro-Obama book

Bob Unruh, 2008 WorldNetDaily-The moderator of tomorrow's vice-presidential debate is writing a book to come out on the day the next president takes the oath of office that aims to "shed new light" on Democratic candidate Barack Obama and other "emerging young African American politicians" who are "forging a bold new path to political power."

Gwen Ifill of the Public Broadcasting Service program "Washington Week" is promoting "The Breakthrough: Politics and Race in the Age of Obama," in which she argues the "black political structure" of the civil rights movement is giving way to men and women who have benefited from the struggles over racial equality. Read more...
Uh yeah, bipartisan and fair, because we all know that liberal journalists are the only ones capable of this. This woman has a financial stake in Obama becoming President, I am sorry that is a conflict of interest and there is no way to spin this one to anyone with half a brain.

But on the bright side, what this does tell me is the Left, despite all of its attacks against Palin, are still not sure if they are right about her. So they are trying to pad the debate in favor of Biden, just in case. Either way this woman will probably not be removed with the debate about 24 hours away, it is to late. This is going to be interesting.


"Happy Hunting!"

Thanks to Drudge and New Media Journal for their efforts.



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