• Secretary of the Treasury Henry Paulson led the Bush administration’s financial bailout effort, requesting an oversight-free, $700 billion blank check for Wall Street. See “Point Austin” for the skinny on the squeeze.

• The first of three presidential debates occurs Friday, Sept. 26 (assuming there is a debate; see “Postpone the Debate? Let’s Debate It …” for more), with foreign policy front and center. Maybe McCain can elaborate about the grave Spanish threat or his plans for the Iraq-Pakistan border.

• City Council returns this week, with local campaign finance reform, sponsorship of the Old Pecan Street Festival, and historic preservation on the agenda. See “City Hall Hustle.”

• On Sept. 24, 12 days after Hurricane Ike hit, residents of Galveston started returning home under a 6am-6pm curfew. Gov. Rick Perry is asking for donations to the Texas Disaster Relief Fund to help them.

• Rosh Hashanah, y’all! The new year starts at sunset, Monday, Sept. 29.

Quote of the Week

“Basically, after having spent a year and a half telling everyone that things were under control, the Bush administration says that the sky is falling, and that to save the world we have to do exactly what it says now now now.”

– Paul Krugman, New York Times, Sept. 22


This article appears in September 26 • 2008.

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