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The Necessary Bookshelf: Dexter Filkins’ The Forever War”

Friday, September 19, 2008  |  posted by Hugh Hewitt

My new column highlights Dexter Filkins’ new book and the other books from the past seven years that are crucial to understanding the war in which we are engaged.

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Obama in the Headlights

Friday, September 19, 2008  |  posted by Hugh Hewitt

Off to BlogWorldExpo in Las Vegas, but still waiting for Barack Obama’s verdict on the AIG bailout, and then his reaction to the financial crisis.

Imagine if the blinking Barack had been in charge this week.

The transcript of yesterday’s interview with Dexter Filkins will be posted here later today. When you read his disquieting account of the growing radicalism of the Pakistan border areas, keep the prospect of Obama as Commander-in-Chief in mind. This is no time to send in a wholly unprepared media-created legend-in-his-own mind.

“Get Shorty”

Friday, September 19, 2008  |  posted by Hugh Hewitt

I really wouldn’t want to be a short-seller the next few days and weeks.

From the early reports:

Shares of financial firms also surged. Morgan Stanley was recently up 31%. Wachovia, which is said to be in possible merger talks with Morgan Stanley, jumped 28% premarket after climbing by 59% Thursday. Goldman Sachs Group, which along with Morgan is the last of the remaining big independent brokerages on Wall Street, gained 25% Friday before the bell.

American International Group added 28% premarket. New CEO Edward Liddy said that he hopes to keep intact as many of the company’s largest insurance operations as possible in a publicly traded company, after selling assets to pay back a federal loan.

Amid talks that Citigroup is considering making a bid for Washington Mutual, Citigroup rose 18% premarket while WaMu climbed 42%.

Bank of America, which agreed to buy Merrill Lynch & Co. over the weekend, rallied 11% premarket after climbing 12% a day earlier.

Praying for the Troops and the World

Friday, September 19, 2008  |  posted by Hugh Hewitt

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