Daily Archives: October 8, 2008

Overseas Markets in trouble this morning: Nikkei dives 9.4 percent, biggest 1-day fall since ’87

The Nikkei average plunged 9.4 percent on Wednesday, its biggest drop since the 1987 stock market crash, as growing fears of a global recession led investors to wipe $250 billion off the value of Tokyo shares…

…Panic over the fast-spreading financial crisis dragged down markets across Asia, with Japanese steelmakers such as Nippon Steel Corp (5401.T) sliding, as the Nikkei set another five-year closing low. It has lost 19 percent in the past five days.

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Filed under Financial crisis, stock markets, the Nikki, Yahoo News

Instant Polls Find Obama Won Debate


CNN poll of debate viewers: Obama 54%, McCain 30%

CBS poll of uncommitted voters: Obama 39%, McCain 27%

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Filed under 2008 Presidential Campaign, Barack Obama, CBS, CNN, Instant polls, John McCain

Instant Polls Find Obama Won Debate


CNN poll of debate viewers: Obama 54%, McCain 30%

CBS poll of uncommitted voters: Obama 39%, McCain 27%

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Filed under 2008 Presidential Campaign, Barack Obama, CBS, CNN, Instant polls, John McCain

>CNN analysts and contributors weigh in: Obama won

>(CNN) — The final tally is in. During the debate, six CNN analysts and contributors scored in real time the performances by both presidential candidates.

The number next to the pluses suggests the candidate made a “good point” while the figures next to the minuses indicate “missed opportunities.” For example, in the end, Republican strategist Alex Castellanos gave the debate to Obama with 32 pluses and 4 negatives as opposed to McCain’s 28 pluses and 13 negatives.

The other five contributors and analysts included Democratic strategist Paul Begala, Sr. Political Analysts Gloria Borger and David Gergen, Chief National Correspondent John King, and Senior Analyst Jeff Toobin.

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Filed under 2008 Presidential Campaign, CNN, Presidential Debates

CNN analysts and contributors weigh in: Obama won

(CNN) — The final tally is in. During the debate, six CNN analysts and contributors scored in real time the performances by both presidential candidates.

The number next to the pluses suggests the candidate made a “good point” while the figures next to the minuses indicate “missed opportunities.” For example, in the end, Republican strategist Alex Castellanos gave the debate to Obama with 32 pluses and 4 negatives as opposed to McCain’s 28 pluses and 13 negatives.

The other five contributors and analysts included Democratic strategist Paul Begala, Sr. Political Analysts Gloria Borger and David Gergen, Chief National Correspondent John King, and Senior Analyst Jeff Toobin.

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Filed under 2008 Presidential Campaign, CNN, Presidential Debates

>The Second Presidential Debate

>From Polticial Wire.com

Tonight’s debate wasn’t even close. Sen. Barack Obama ran away with it — particularly when speaking about the economy and health care. Talking about his mother’s death from cancer was very powerful. On nearly every issue, Obama was more substantive, showed more compassion and was more presidential.

In contrast, Sen. John McCain was extremely erratic. Sometimes he was too aggressive (referring to Obama as “that one.”) Other times, he just couldn’t answer the question (on how he would ask Americans to sacrifice.) And his random attempts at jokes (hair transplants?) were just bad.

Tom Brokaw was terrible as moderator. His fixation with the rules — particularly when the candidates were not complaining — was distracting and a disservice to everyone. The format didn’t work very well, but Brokaw made it worse.

Other reactions:

Andrew Sullivan: “This was, I think, a mauling: a devastating and possibly electorally fatal debate for McCain… I’ve watched a lot of debates and participated in many. I love debate and was trained as a boy in the British system to be a debater. I debated dozens of times at Oxofrd. All I can say is that, simply on terms of substance, clarity, empathy, style and authority, this has not just been an Obama victory. It has been a wipe-out. It has been about as big a wipe-out as I can remember in a presidential debate. It reminds me of the 1992 Clinton-Perot-Bush debate. I don’t really see how the McCain campaign survives this.”

Ezra Klein: “Tonight was supposed to be John McCain’s night, but it was the first clear debate win Obama has scored over the course of this campaign — including the primary. McCain, as it turned out, was badly disadvantaged by the format. This debate was more physical than previous encounters. And McCain, for reasons of age and injuries and height, has a less commanding physical presence than Obama.”

Marc Ambinder: “CW says that John McCain had a 90 minute window to turn his campaign around – to put into play the McCain Resurgence Strategy, if you will, and if that’s the CW threshold, I don’t think McCain met it.”

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Filed under 2008 Presidential Campaign, political wire, Presidential Debates

The Second Presidential Debate

From Polticial Wire.com

Tonight’s debate wasn’t even close. Sen. Barack Obama ran away with it — particularly when speaking about the economy and health care. Talking about his mother’s death from cancer was very powerful. On nearly every issue, Obama was more substantive, showed more compassion and was more presidential.

In contrast, Sen. John McCain was extremely erratic. Sometimes he was too aggressive (referring to Obama as “that one.”) Other times, he just couldn’t answer the question (on how he would ask Americans to sacrifice.) And his random attempts at jokes (hair transplants?) were just bad.

Tom Brokaw was terrible as moderator. His fixation with the rules — particularly when the candidates were not complaining — was distracting and a disservice to everyone. The format didn’t work very well, but Brokaw made it worse.

Other reactions:

Andrew Sullivan: “This was, I think, a mauling: a devastating and possibly electorally fatal debate for McCain… I’ve watched a lot of debates and participated in many. I love debate and was trained as a boy in the British system to be a debater. I debated dozens of times at Oxofrd. All I can say is that, simply on terms of substance, clarity, empathy, style and authority, this has not just been an Obama victory. It has been a wipe-out. It has been about as big a wipe-out as I can remember in a presidential debate. It reminds me of the 1992 Clinton-Perot-Bush debate. I don’t really see how the McCain campaign survives this.”

Ezra Klein: “Tonight was supposed to be John McCain’s night, but it was the first clear debate win Obama has scored over the course of this campaign — including the primary. McCain, as it turned out, was badly disadvantaged by the format. This debate was more physical than previous encounters. And McCain, for reasons of age and injuries and height, has a less commanding physical presence than Obama.”

Marc Ambinder: “CW says that John McCain had a 90 minute window to turn his campaign around – to put into play the McCain Resurgence Strategy, if you will, and if that’s the CW threshold, I don’t think McCain met it.”

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Filed under 2008 Presidential Campaign, political wire, Presidential Debates