October 1st, 2008
03:42 PM ET

Who's in charge?

CNN's Frank Sesno reports on the Washington power vaccuum exposed by the nation's financial crisis. Watch his report and see what grade the Congress, President, and economy receive according to the latest polls.

Filed under: Bailout Turmoil • Frank Sesno • Raw Politics
soundoff (9 Responses)
  1. Jim

    Who is in Charge? Same person who allways has been, is now & forever will be- God- He knows the end from the beginning, Every thought, word action done in secret. The heavenly undercover sting operation will soon be over. & Woe unto those who chose to break HIS Laws.WOE to those who will face HIS wrath & judgement who think they are getting away with their crimes. You can understand our police going undercover to catch criminals but you cannot understand that God has been doing it a lot longer.

    October 1, 2008 at 8:02 pm |
  2. Jan from Wood Dale IL

    The DeFazio and Kaptur insolvency relief plan makes much more sense in resolving this crisis than anything that Paulson, the House, or the Senate has suggested.

    October 1, 2008 at 7:57 pm |
  3. larry

    Frank. Why is Penny Pritzker, who drove a bank out of business leading to investors loss of $10 million, the national finance chairwoman for Barack Obama's campaign?

    October 1, 2008 at 7:48 pm |
  4. Cindy

    Who's in charge? UMM..definitely not us the American people. Maybe we ought to be and this nation wouldn't be such a wreck! I think we need to get rid of all of congress and start back over.


    October 1, 2008 at 4:24 pm |
  5. LG

    I find it extremely difficult to have any amount of sympathy for Corporate America. They have nickeled, dimed, and dollared us to death with high fees and high interest rates. They have not been supportive of the American people, why should we support them?

    October 1, 2008 at 4:16 pm |
  6. Nancy Soles

    Why is congress proposing to give all this money to the people who caused the crisis and taking the money from the public assets of the victims? The American people are smart enough to know they’re not getting the whole story. The American people want the truth. Why not keep people in their homes. It’s the foreclosures that’s the problem. Fix the foreclosures for starters. How about a proposal to have a moratorium on foreclosures, a stop to interest-rate increases and a restructure of those loans to something more affordable so you keep people in their homes. You can do that without one dollar of taxpayer money.

    October 1, 2008 at 4:13 pm |
  7. Elaine Hinson

    The CEO's of these banks that have been makeine millions of dollars all these years, why can't they invest a year or two salary back into the market?

    Where is Opray, Ted Turner, the guy with the funny hair?

    October 1, 2008 at 4:08 pm |
  8. larry

    Frank. Two questions; should the moderator PBS' Gwen Ifill recuse herself?
    As she preps to moderate the only veep debate of the season, she's also readying to debut another project entirely - a book titled "Breakthrough: Politics and Race in the Age of Obama."

    Now, Ifill is well-respected, beloved even, in Washington journo circles. But, readers, in light of the book project, which at least in its promo appears to marvel at the historic nature of Barack Obama's candidacy, should the Commission on Presidential Debates have selected her to moderate the vice presidential debate? Did commission officials know about the book? And if they did, do they need to explain their pick of Ifill to referee one of the most critical events of the general election season? Will the John McCain/Sarah Palin team have a valid beef with the decision?

    No matter how down-the-middle Ifill plays it tomorrow night in St. Louis, will some say she's compromised her journalistic integrity by embarking concurently on an exploration of "the impact of Barack Obama's stunning presidential campaign" on the political landscape?

    2nd question. Why is the cause of this mortgage crisis not looking at at the the connection between Illinois State Senator Barack Obama, ACORN, and the 1999 sitting POTUS Bill Clinton and their pressure on banks to give mortgages to people who could not financially qualify under threat of being termed racist? Fanny Mae had to help those banks, no thanks to Barney Frank who got $$ for himself and his partner from Fanny Mae.
    Acorn continues to sponsor Obama financially and with organization.

    October 1, 2008 at 3:55 pm |
  9. Gary Chandler in Canada

    If the BILE out is NOT passed, the CEOs keep their rescue parachutes and golden hand shakes. What about Conflict of Interest?
    Vote NO or lose your Campaign Funding!?
    and BTW Palin had never lost a debate, (with THAT voice how could she?) and Biden is not batting 1000; so why is she the underdog?
    Golda Meir, Indira Ghandi, Margaret Thatcher, Bhutto did NOT whimper about 'sexism' like American women politicians do! THOSE women AND 4 dozen others, including 6 elected female leaders of Muslim countries MADE world history; NOT Clinton and Palin.
    (only in America?)

    October 1, 2008 at 3:51 pm |

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