TARP, baby!

A mostly political Weblog.
Sept. 30 2008 8:21 PM

TARP, Baby!

Explaining Paulson's plan better than Paulson.

(Continued from Page 96)

Uckers-say: From the A.P.:

Republican presidential John McCain assured Hispanic leaders he would push through Congress legislation to overhaul federal immigration laws if elected, several people who attended a private meeting with the candidate said Thursday. ... [E.A.]

Hmm. If McCain is going to sell out his party's conservatives, renege on his primary campaign repositioning and return to his righteous push for "comprehensive immigration reform," wouldn't it be better to do it in public than in a closed-door meeting, where it looks like a guilty, furtive secret pander? ... P.S.: AndThe Corner stays silent! ... Backfill: Tapper has more, including a report from a Latina Minuteman who got into the meeting:

"Then he said, 'I bet some of you don't know this -- did you know Spanish was spoken in Arizona before English?'"

I bet they did! ... Update: AP's Espo notes  that McCain "['a]ides ... had kept word of the event secret ...." 2:33 P.M.

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I didn't realize Obama went to the Million Man March. ... [via  N.A.] 1:53 P.M.

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The Man Has the Magic Touch: Who introduced Democratic Senator Kent Conrad to Angelo Mozilo? ... Could it have been respected ex-veep-vetter Jim Johnson

Conrad on Tuesday sought to clarify a subsequent report that he spoke to Mozilo by phone about his mortgage, saying he didn't call the lending executive or realize that talking to him could result in any special treatment.

"I didn't call him. I called my friend who happened to be with him at the time," he said, referring to James Johnson, the former chairman of Fannie Mae, whom Conrad says he called to ask for advice on getting a new mortgage.

By pure coincidence, according to Conrad, Mozilo was sitting next to Johnson, who suggested the senator speak to him directly. Conrad doesn't recall whether Mozilo referred him to a Countrywide loan officer, or whether the company contacted him.

Johnson has a fine-honed ethical sensor, no? ... P.S.: Do you call the head of Fannie Mae when you need a mortgage? Why would Conrad call Johnson unless he was looking for some kind of deal? ... Backfill: Powerline made that last point and has some home state TV coverage. ... 1:44 P.M.

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