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Art from India at the MIA

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regarding the planned bail-out of Fannie Mae and Freddie Mac

I have a better idea!

By Roger Cuthbertson , Free Speech Zone

What a Monday morning surprise! After months of telling us that the economy is not really that bad, and that you really can’t call it something as bad as a recession, the Bush administration tells us that Congress must use the people’s money to bail out the two largest mortgage lending companies in the nation, Fannie Mae and Freddie Mac. And this must be done, right now. The plan is to lend these companies $300 billion or so of the people’s money with low interest rates and to further bail them out by buying up an undisclosed amount (possibly 3 trillion dollars) of the now nearly worthless company stock. The people would pay for the stock, but not get ownership!

The Free Speech Zone offers a space for contributions from readers, without editing by the TC Daily Planet. This is an open forum for articles that otherwise might not find a place for publication, including news articles, opinion columns, announcements and even a few press releases.


Apparently, massive welfare is ok for the rich but not for ordinary citizens. Socialism for the rich! Capitalism for the poor! This bailout would be a gift from taxpayers and their debt burdened children to the people that caused the mess and reaped the profits.

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St. Paul coverage is funded in part by a generous grant from the St. Paul Foundation.

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More from regarding the planned bail-out of Fannie Mae and Freddie Mac

Things People Say

Homeless Youth in Minnesota: Watch. Read. Think. Talk.

By Mary Turck , TC Daily Planet

Join the discussion of homeless youth in Minnesota. Speak up, speak out, send your opinions to us.

• Watch Homeless Youth: Finding Home, a documentary following six homeless youth in Minnesota on TPT Channel 17 on November 22nd, at 8 pm. (If you miss it, see part of the documentary right here: MORE »

Recount stories

By staff , TC Daily Planet

This is the place to look for recount data — updated from the Secretary of State’s web site every night.

Check out the MPR site that lets you decide on challenged ballots. As close to being an actual recount judge as you can get!

And this is the place to send your recount stories — editor@tcdailyplanet.net. Check this space every day for more stories! MORE »

News you can use

Giving thanks and giving back

By Sheila Regan , TC Daily Planet

This Thanksgiving, families throughout the Twin Cities will gather at the table and be thankful for what they have, despite the rough economic climate. But Thanksgiving can also be a time for people to help those less fortunate themselves: here is a list of ways you can help on Thanksgiving Day and beyond. MORE »

On the shelves

BOOKS | 60 miners in a Hupmobile, and other delights (?) for young Minnesotan eyes

By Jay Gabler , TC Daily Planet

I Spy with My Little Eye Minnesota. V is for Viking: A Minnesota Alphabet. The Voyageur’s Paddle. The Legend of the Loon. The Legend of the Lady’s Slipper. If you can’t find enough picture books to fill your child’s shelves with the hoariest lore of our great Gopher State, it is not Kathy-jo Wargin’s fault. For pete’s sake, she’s even given us The Edmund Fitzgerald: The Song of the Bell. MORE »