Today’s Water Cooler lineup of off the beaten path online stories are: Video: How banks got strong armed, Cook: Dems could lose the House, and Obama’s ‘read my lips’ moment.
- Hot Air: Video: How banks got strong armed
John Stossel gives us an inside look into the actual application of TARP with banks who didn’t need it and didn’t want it. John Allison, CEO of BB&T, not only didn’t want TARP money but openly opposed the program altogether, lobbying Congress against it.
- Investors Business Daily: Cook: Dems could lose the House
How many other wavering House — or Senate — Democrats will look at the past five weeks and decide that spending the rest of this year as a lame duck is more attractive than spending a horrific year fundraising, scarfing down fast food, and shaking hands — all the while facing the very real possibility of losing in the end?
Yid with Lid: Obama’s ‘Read my lips’ moment
A major component of the Senate Obamacare bill is the 40% tax on “Cadillac” health plans. The bill defines Cadillac plans as any health insurance policy costing more than $8,500 (for an individual) and $23,000 (for a family).