The financial markets continue their instability as politicians of all stripes began to pontificate and hammer out the plan that will govern the bailout of Freddie Mac and Fannie Mae over the years to come. The Heritage Foundation offered sound principles for both a bailout plan and what a new Resolution Trust Corporation might look like. McCain offered his plan on Friday for a Mortgage and Financial Institutions Trust Corporation while Barack Obama offered a statement of principles for the Treasury Department plan. A draft of the legislative plan that emerged from the weekend can be found here (Dear God in heaven help us).
The identity of Gov. Sarah Palin’s email hacker has been learned when the perpetrator was turned in by his father. Mike Kernell, a Democrat state legislator from Tennessee, released a statement on Friday naming his 20-year-old son David Kernell, a student at the University of Tennessee, as the culprit. The FBI served a search warrant after midnight Sunday morning at the suspect’s apartment in Knoxville.
Rush Limbaugh on Friday announced on the air that Hyatt Regency heir and Obama finance chair, Penny Pritzker, is hosting a reception for Iranian president and Holocaust denier Mahmoud “Israel is a stinking corpse” Ahmadinejad at the Grand Hyatt in New York City while Ahmadinejad is in town to speak before the United Nations General Assembly. No word from the Obama camp as to whether or not Obama will attend his finance chair’s reception for yet another dangerous radical now associated with the Obama campaign.
Hillary Clinton and Sarah Palin were both invited to speak at the Rally to Stop Iran Now today protesting Ahmadinejad’s welcome by the United Nations. When Clinton accepted the offer to speak, she said she was unaware that Palin was also on the roster. Clinton backed out, causing a conundrum for the organizers. Reportedly pressured by Democrats who do not want Palin to have such a high-profile platform to speak to the issue of a non-nuclear Iran, organizers disinvited Palin to speak before the anti-Ahmadinejad rally today.
Meanwhile, over the weekend, Palin drew a crowd of over 60,000 people at her campaign stop in The Villages, Florida.
If calling attention to their issue is actually the point of the Rally to Stop Iran Now, organizers may want to seriously re-think asking the very popular Governor of Alaska to address their rally.
The New York Sun has printed today remarks Palin would have given at the rally.
McCain-Palin also released a new television ad today called “Chicago Machine.” (See the ad here).