Business and Politics: Bailout rescue passes House

Chris Graham

Story by Chris Graham [email protected] And just like that, we had ourselves a bailout rescue. The House voted 263-171 today to pass a compromise $850 billion plan to buy up securities from Wall Street lenders to take pressure off the financial and credit markets, just four days after a vote on a similar legislative proposal…

Haresh Daswani: The U.S. financial crisis

Contributors

Column by Haresh Daswani George Bush has just officially declared something that, bluntly stated, would say, “Ladies and Gentlemen, We are in deep deep trouble, and I will be off in 40 days, thank God.” The bigger question is, didn’t anyone see this coming? Wasn’t anyone able to think of how to stop this from…

White House ’08: Locals busy hitting forward on campaign-related e-mails

Chris Graham

Story by Chris Graham [email protected] My in-box was hopping Friday evening with forwards of the e-mail from Anne Kilkenny of Wasilla, Alaska, which you might recognize as the town made famous by former mayor-turned-vice-presidential-nominee Sarah Palin. Seems that e-mail trees can and do make their way to Greater Augusta. “You should check this out –…

House passes homeowner-relief bill

Chris Graham

Item by Chris Graham [email protected] The House of Representatives has passed back to the Senate a bill that would help homeowners caught up in the ongoing foreclosure crisis, even as a pair of Virginia congressmen facing re-election battles voted against the measure. “Congressman Goode is clearly out of touch with the honest, hardworking people of…

Next on the Mark Warner agenda: Is former governor, White House candidate ready to again be a player on Virginia political scene?

Chris Graham

The Top Story by Chris Graham   Mark Warner made it a point to tell Virginia politics reporters covering the final year of his term as governor of the Old Dominion that he really felt he was hitting his stride in the job – and while the focus of their editors seemed to be on…