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Does Reid Really Not Know if He Has 60 Votes Just to Begin Debate on a Bill Whose Failure Could Weaken the Rest of the Obama Presidency? Or is He Just Playing With Us? One Never Knows with "Wobbly" Harry. We'll See on Saturday Night. How Exactly is He Going to Get Joe Lieberman to Get on His Knees? Remember, this is just a cloture vote to begin debate on the bill!

James Fallows Says U.S. Press Got Obama's Trip to China All Wrong Because It Likes to Paint Everything as a Horse Race


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Paul Krugman: Franklin Delano Obama? "Suddenly, everything old is New Deal again. Reagan is out; F.D.R. is in. Still, how much guidance does the Roosevelt era really offer for today’s world? The answer is, a lot. But Barack Obama should learn from F.D.R.’s failures as well as from his achievements: the truth is that the New Deal wasn’t as successful in the short run as it was in the long run. And the reason for F.D.R.’s limited short-run success, which almost undid his whole program, was the fact that his economic policies were too cautious." 11/11

Glenn Greenwald: "The Washington Post documents the incomparable failure of the Bush Presidency, while its ombudsman urges that the Right be more accommodated." 11/3

The New Yorker: 'Obama has precisely the temperament to shut out the noise when necessary and concentrate on the essential. The election of Obama -- a man of mixed ethnicity, at once comfortable in the world and utterly representative of twenty-first-century America -- would, at a stroke, reverse our country’s image abroad and refresh its spirit at home. His ascendance to the Presidency would be a symbolic culmination of the civil- and voting-rights acts of the nineteen-sixties and the century-long struggles for equality that preceded them. It could not help but say something encouraging, even exhilarating, about the country, about its dedication to tolerance and inclusiveness, about its fidelity, after all, to the values it proclaims in its textbooks. At a moment of economic calamity, international perplexity, political failure, and battered morale, America needs both uplift and realism, both change and steadiness. It needs a leader temperamentally, intellectually, and emotionally attuned to the complexities of our troubled globe. That leader’s name is Barack Obama.' 11/2

Sen. Bernie Sanders: Rewarding Failure "In the middle of the worst economic crisis since the Great Depression, Time magazine reports that 'Uncle Sam has a new name on Wall Street — Sugar Daddy.' Thanks to the $700 billion Wall Street bailout, financial institutions are ready to shell out big bonuses. Senator Sanders asked Treasury Secretary Paulson to ban bonuses at firms that take taxpayer dollars." 10/29

John McCain's Economic Plan: Laissez-Failure

Alan Greenspan on Capitol Hill predicts more layoffs, blames 'failure to properly price ... risky assets ...' 10/24

Jim Hoagland: When the doomed hero is perceived to be more noble or higher in moral worth than the average citizen, the tragic effect is heightened. McCain's war heroism gave him that elevated status and established a potential for greatness. So did his principled run for the Republican nomination in 2000. This campaign provided the all-encompassing failure that leads to doom. 10/20

The Bush Legacy of Total Failure: Under ‘No Child’ Law, Even Solid Schools Falter 10/13

Peter J. Solomon: Leadership = Confidence = Credit. 'Confidence, not mortgages, is the Achilles heel of the financial crisis. ... What a failure of leadership. It is bad enough that our public officials were late to recognize the gravity of the situation. Worse, their actions are idiosyncratic and haphazard. ... We now need competence ... I propose the President and the two Presidential Candidates ask Mr. Buffett to take over the Chairmanship of the rescue package.' 10/11

'Less than a week after the federal government offered an $85 billion bailout to insurance giant AIG, the company held a week-long retreat for its executives at the luxury St. Regis Resort in Monarch Beach, Calif., running up a tab of $440,000, Rep. Henry Waxman (D-Calif.) said today at the the opening of a House committee hearing about the near-failure of the insurance giant.' 10/8

How McCain Set Himself Up for Failure Tonight -- and Tomorrow. P.M. Carpenter Exclusively on BuzzFlash.com for Tuesday, October 7. "Loose-cannon McCain as well as his loose-cannon surrogates just keep outdoing themselves in the Strange Strategy department, which actually is nothing more than a hastily gathered assortment of ill-conceived, madcap tactics."

How McCain Set Himself Up for Failure Tonight -- and Tomorrow P.M. Carpenter Exclusively on BuzzFlash.com for Tuesday, October 7. "Loose-cannon McCain as well as his loose-cannon surrogates just keep outdoing themselves in the Strange Strategy department, which actually is nothing more than a hastily gathered assortment of ill-conceived, madcap tactics."

Not a surprise, but still sad: U.S. bank failures almost certain to increase in next year 10/7

Bill Gallagher: McCain's Exit from Michigan Highlights His Failures -- A BuzzFlash Guest Contribution

From a conservative: 'During the cold war, Republicans earned the reputation of being more serious than Democrats on foreign policy. The stereotype didn’t always hold true, but the American people preferred to trust their nation’s safety to the GOP. However, over the last eight years the Republican Party has squandered its reputation. The results of the Bush administration’s policies have ranged from failure to disaster. Although the right continues to try to live off of its cold war reputation, since 2000 the Republican Party has nominated candidates who, despite their pretensions to the contrary, demonstrate little understanding of the complicated world around us.' 10/1

Europe bank failures trigger equities collapse 9/30

Busheviks Forced to Fess Up to Regulatory Failure 9/28

BuzzFlash Instant Debate Opinion: Obama Won Because His Job Was to Reassure Undecided, Independents and "Leaners" that He Had What It Takes on National Security. He did That with Aplomb. McCain Came off Knowledgeable (If Disingenuous at Times) on International Affairs, But He's on the Wrong Side of the Issues as Far as Polling. He Might Have Pleased His "Base," But He Didn't Win Any Converts. He Was the Candidate from "Wars Past." And Obama Dunked McCain on the Opening Back and Forth on the Economy. There's Been an Emerging Campaign Narrative: Obama is Even-Keeled, Steady, of Sound Judgment; McCain is Obsessive, Reckless, a Warhawk, Smelling of Yesterday's Failures. This Debate Reinforced that Narrative, and That is Good News for the Obama Campaign.

Another one bites the dust Thursday night: WaMu is largest U.S. bank failure 9/26

NYT editorial: Absence of Leadership; 'It took President Bush until Wednesday night to address the American people about the nation’s financial crisis, and pretty much all he had to offer was fear itself. There was no acknowledgment of the shocking failure of government regulation, or that the country cannot afford more tax cuts for the very wealthy and budget-busting wars, or that spending at least $700 billion of taxpayers’ money to bail out Wall Street and the banks should be done carefully, transparently and with oversight by Congress and the courts.' 9/26

Financial Crisis Update: Regulators Shut Down Ameribank, Becoming 12th Failure This Year 9/22

"Finally, Americans need to be told a more fundamental truth: This crisis is the result of a willful and systematic failure by the government to regulate and monitor the activities of bankers, lenders, hedge funds, insurers and other market players. All were playing high-stakes poker with the financial system, but without adequate transparency, oversight or supervision." 9/21

Palin Blames Lobbyists Like Her Campaign Manager For The Failure Of Fannie Mae and Freddie Mac 9/19

An army of line crews from 31 states has converged on eastern Texas to help deal with the largest power failure in this large state’s history after Hurricane Ike. Good to see someone (but not FEMA) rise to the occassion. 9/18

McCain Blasts Wall Street Failure, Neglects To Mention His Adviser Helped Cause It; Oops 9/17

Hurricane Ike Is Not Over in Houston -- Will FEMA Failure Overshadow the Storm, Again? -- A BuzzFlash News Alert

Another lying John McCain ad: 'John McCain’s campaign is running a Spanish language ad in battleground states that blames Barack Obama and Senate Democrats for the failure of attempts to overhaul the nation’s immigration laws — even though the Republican nominee and his Democratic counterpart cast identical votes in the key Senate showdowns on that issue last year' 9/16

Tomgram: Michael Schwartz, Is American Success a Failure in Iraq? 9/9

AP: "The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies." 9/6

Denver: Rendell, Emanuel attack McCain and Bush. We Need More of This. The Democrats Risk Another Positive Campaign Getting Undercut by a GOP Negative Ad Barrage Because They Have Nothing to Run on But Failure and Picking Our Pockets. 8/27

Denver: Rendell, Emanuel attack McCain and Bush. We Need More of This. The Democrats Rick Another Positive Campaign Getting Undercut by a GOP Negative Ad Barrage Because They Have Nothing to Run on But Failure and Picking Our Pockets. 8/27

Doubts the Obama Failure to Negatively Define McCain (And That's an Easy Job): "Democrats always think like that. And then Republicans outmaneuver them. It always happens that way. Democrats are scared to be Democrats, and Republicans try to scare everyone about Democrats. I thought the party leaned from these mistakes."

Bush Can't Even Keep the Coast Guard Up to Date in the Antarctic. The Guy is Just a Total Failure and Fraud. 8/18

"Democratic presidential candidate Barack Obama says America's greatest moral failure is its insufficient help to the disadvantaged." 8/17

If I Were a Betting Man, I'd Wager that Cheney Was Behind the Anthrax Attacks. "Of Anthrax, Forged Letters to Launch Wars, the Failure to Prevent 9/11, Torture, Murder and Other High WH Crimes" -- The BuzzFlash Editor's Blog

Hamdan Case Exemplifies Bush's Failure In The "war On Terror" 8/10

Edward R.F. Sheehan: 'PRESIDENT BUSH does not seem to know it yet, but his peace plan for the Middle East is moribund. That is my chief impression from a recent three-month journey through the troubled region. A viable Palestinian state will not exist by the time Bush leaves office. Nor will one exist, probably, in the predictable future - not least because of the failures of US policy.' 8/7

Florida: First Priority Bank becomes the eighth bank failure of the year. 8/3

Report: Empty prison in Iraq a $40M 'failure' 7/29

Your tax dollars wasted in Iraq: Report: Empty prison in Iraq a $40M 'failure' 7/29

AFRICA: Link Between Crop Failure and Climate Change Often Missed 7/26

'A critical germ lab at the Centers for Disease Control and Prevention lost power last week because the agency had taken two backup generators out of service for upgrades, CDC officials said Friday... The backup power failure -- the second in 13 months -- is the type predicted years ago by some CDC engineers.' 7/22

House Speaker Pelosi calls Bush 'a total failure': "You know, God bless him, bless his heart, president of the United States, a total failure, losing all credibility with the American people on the economy, on the war, on energy, you name the subject," Pelosi said.

Bank Failure: IndyMac Bank. Lessons from the Great Depression Part XIV. Bank Failures. 7/16

WP: U.S., Iraq Scale Down Negotiations Over Forces. In place of the formal status-of-forces agreement negotiators had hoped to complete by July 31, the two governments are now working on a "bridge" document, more limited in both time and scope, that would allow basic U.S. military operations to continue beyond the expiration of a U.N. mandate at the end of the year. The failure of months of negotiations over the more detailed accord -- blamed on both the Iraqi refusal to accept U.S. terms and the complexity of the task -- deals a blow to the Bush administration's plans to leave in place a formal military architecture in Iraq that could last for years. 7/14

Frank Rich on Jane Mayer's Blood Curdling New Book of Non-Fiction About the White House, Torture, Homicide, War Crimes, Illegal Behavior and More: In her telling, a major incentive for Mr. Cheney’s descent into the dark side was to cover up for the Bush White House’s failure to heed the Qaeda threat in 2001. Jack Cloonan, a special agent for the F.B.I.’s Osama bin Laden unit until 2002, told Ms. Mayer that Sept. 11 was “all preventable.” By March 2000, according to the C.I.A.’s inspector general, “50 or 60 individuals” in the agency knew that two Al Qaeda suspects — soon to be hijackers — were in America. But there was no urgency at the top. Thomas Pickard, the acting F.B.I. director that summer, told Ms. Mayer that when he expressed his fears about the Qaeda threat to Mr. Ashcroft, the attorney general snapped, “I don’t want to hear about that anymore!” Eight years of WH Crime and Incompetence to Cover Up Their Original Incompetence in Letting 9/11 Happen. 7/14

Phil Gramm/John McCain/George W. Bush Economics Alert: IndyMac Bank, a prolific mortgage specialist that helped fuel the housing boom, was seized Friday by federal regulators, in the third-largest bank failure in U.S. history. The collapse is expected to cost the Federal Deposit Insurance Corp. between $4 billion and $8 billion, potentially wiping out more than 10% of the FDIC's $53 billion deposit-insurance fund.

Toxic Trailer Testimony Reveals Failures by both FEMA and Industry; Katrina Survivors Victimized Once Again -- A BuzzFlash News Alert

David Corn: A Question for McCain: Why Is It Leadership To Denounce Failure You Enabled? 7/3

NYT: "At a time when the role of lobbyists and special interests are at issue in the presidential campaign, Senator John McCain leaves Tuesday on a trip to Colombia, where a senior adviser to him has long had business and political ties ..." and they murder trade unionists for fun, and the Bush "war on drugs" has been as big a failure as his "war on terrorism." McCain sure knows how to walk in the moccasins of a loser, but he's got Charlie "Please Lord Make Another 9/11 Happen" to Guide Him.

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