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Author: Gerardo Orlando (Page 59 of 169)

Stevens loses in Alaska

The Democrats are now at 58 seats, with the possibility of getting two more. The AP has called the race for Mark Begich in Alaska.

Convicted Sen. Ted Stevens lost his re-election bid to Democrat Mark Begich after the last large batch of votes was counted Tuesday.

The longest-serving Republican in the history of the Senate trailed Anchorage Mayor Mark Begich by 3,724 votes after Tuesday’s count.

That’s an insurmountable lead with only about 2,500 overseas ballots left to be counted.

Ted Stevens represented everything that was wrong with politics in Washington, as he steered millions of pork dollars back to Alaska. Oh, and he was also a convicted felon. It’s a disgrace that the race ws even this close, but at least he won’t be returning to the Senate. Also, we won’t have to face the potential drama of Sarah Palin appointing herself to this seat in the event that Stevens won and then was removed from the Senate.

More carnage in real estate market

Things keep getting worse in places like Southern California.

For the first time in the current housing downturn, the majority of Southern California homes sold in October — 51% — had been foreclosed, a real estate information service reported today.

The median sales price for homes fell to $300,000, a level not seen since 2003 and a 41% drop from the peak price set in the spring and summer of 2007, according to MDA DataQuick of San Diego. Los Angeles County’s median home sales price was $355,000, down 29% from a year ago. Sales in L.A. County were up 56% from a year ago.

Low prices continued to draw bargain-hunting buyers. The total of 21,532 houses and condominium units sold in Los Angeles, Orange, San Bernardino, Ventura, Riverside and San Diego counties was up 67% from the same month a year ago.

The good news is that buyers are coming in to snatch up homes at bargain prices.

Peter Schiff vs. Art Laffer and all the other cheerleaders

Peter Schiff has been calling the mortgage crisis and the recession for years. This video shows Schiff battling the likes of Art Laffer and Ben Stein, who were arguing last year that the US economy was in great shape and that there was no problem with inflated home values or the sub-prime mess.

Laffer is the same guy saying the sky will fall if Obama institutes his tax plan. Why should we listen to this guy?

For years we were told that tax cuts would solve everything. Of course, we were just living it up on cheap money, and now the bill is coming due. Watch the video, and ask yourself who you should be listening to now.

Hat tip: Andrew Sullivan

Crazy Keith

23/6 compiled Keith Olbermann’s special comments in one crazy and hilarious minute.

Get the latest news satire and funny videos at 236.com.

I’m a fan of Olbermann’s show, but I can see why some don’t like him much, and this clip shows him at his self-righteous worst. That said, he was one of the first in the media to call out the Bush administration for their more outrageous acts, so much of the bluster was more than warranted.

Also, there’s one big difference between Keith and other blowhards like Bill O’Reilly – he has a sense of humor and can laugh at himself. I first saw this clip on Keith’s show. He also showed the over-the-top SNL skit about him last week.

O’Reilly, on the other hand, would probably have put 23/6 on his enemies list, calling them left-wing radicals for questioning him in any way.

The Sarah Palin show

Obviously, it’s time to move beyond Sarah Palin, but she keeps inserting herself in the news by agreeing to do all the interviews that she should have done when she was a candidate for high office.

The results have not been impressive. She’s incapable of giving logical answers to most substantive questions, and she throws out more cliches than any politician in recent memory. That’s quite an accomplishment.

I was watching a panel of Republican governors today on C-Span, and it’s striking how impressive governors like Mark Sanford and Tim Pawlenty can be when discussing the future of the GOP. Sarah Palin just doesn’t measure up.

It’s fun watching Republicans argue about the future of their party, but they will not make much progress as long as many in the base remain fixated with Sarah Palin.

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