The outpouring of emotion was so intense: tears streamed down faces in glory, hope, admiration and elation as we witnessed a giant step for humankind. Jessie cried, Oprah cried and even Colin choked up as we celebrated and breathed our collective sigh of relief that Obama's 21 month Presidential campaign ended in such a decisive victory that there was not one shred of doubt to upend. We can ride high on the sheer magnitude of Obama's victory. Faith has been restored in America evidenced by the whole world cheering with us; people of all faiths, nationalities and races dancing in the streets in cities and towns across America and the world.
240,000 people in Chicago turn out for Obama's victory speech.
An electoral margin of 2 to 1 over McCain.
52% of the popular vote.
Many Americans were inspired to vote for the 1st time in their lives.
American children were energized and engaged in the political process.
McCain's speech was gracious and welcoming.
Obama's speech was sobering and commanding.
Sarah Palin was unceremoniously dismissed.
And the stock market tanked again today reminding us that there is so much work to be done.
Showing posts with label 2008 Presidential Election. Show all posts
Showing posts with label 2008 Presidential Election. Show all posts
Wednesday, November 5, 2008
Tuesday, November 4, 2008
"They Said This Day Would Never Come"
Its 9:37 Eastern Time and I'm calling it. President Barack Obama. Hallelujah. The only fitting words I can think of are the opening paragraphs of his victory speech in Iowa, Jan 3, 2008.
"You know, they said this day would never come.
They said our sights were set too high. They said this country was too divided, too disillusioned to ever come together around a common purpose.But on this January night, at this defining moment in history, you have done what the cynics said we couldn't do.
You have done what the state of New Hampshire can do in five days. You have done what America can do in this new year, 2008.
In lines that stretched around schools and churches, in small towns and in big cities, you came together as Democrats, Republicans and independents, to stand up and say that we are one nation. We are one people. And our time for change has come.
You said the time has come to move beyond the bitterness and pettiness and anger that's consumed Washington.
To end the political strategy that's been all about division, and instead make it about addition. To build a coalition for change that stretches through red states and blue states.
Because that's how we'll win in November, and that's how we'll finally meet the challenges that we face as a nation."
THANK YOU AMERICA!
"You know, they said this day would never come.
They said our sights were set too high. They said this country was too divided, too disillusioned to ever come together around a common purpose.But on this January night, at this defining moment in history, you have done what the cynics said we couldn't do.
You have done what the state of New Hampshire can do in five days. You have done what America can do in this new year, 2008.
In lines that stretched around schools and churches, in small towns and in big cities, you came together as Democrats, Republicans and independents, to stand up and say that we are one nation. We are one people. And our time for change has come.
You said the time has come to move beyond the bitterness and pettiness and anger that's consumed Washington.
To end the political strategy that's been all about division, and instead make it about addition. To build a coalition for change that stretches through red states and blue states.
Because that's how we'll win in November, and that's how we'll finally meet the challenges that we face as a nation."
THANK YOU AMERICA!
Monday, November 3, 2008
His Story
My fingers are crossed, my toes are crossed, my nerves are crossed...I'm not sure I can put together a cohesive sentence. This is the eve of a real opportunity for Americans to step forward into a better era and a better history. Tomorrow, history will be made regardless of which party wins this election. This is the only instance where Barack Obama and Sarah Palin can be mentioned together in the same light; he may become the first black President, she may become the first female Vice President.
It is pretty clear Barack Obama should win this historic round. Barack Obama has run a masterful campaign and he has transcended the realm of mere candidacy to become the leader of a movement; a movement that will shake America out of its hallowed racial barriers towards an America that is inclusive of all and a positive beacon for the rest of the world. As Obama states often, the road will not be easy even if he is chosen to lead, for the America that he deserves to be handed tomorrow will be a mere shadow of its former self, hollowed out by a self-serving, arrogant leadership that has bled it dry of whatever virtue it had left.
To my dear friends, who have walked the walk, talked the talk, and pounded the streets to gather support for Obama; who sacrificed their time and energy to promote victory for the rest of us, may your tireless efforts be rewarded tomorrow and may we all share in the glory.
It is pretty clear Barack Obama should win this historic round. Barack Obama has run a masterful campaign and he has transcended the realm of mere candidacy to become the leader of a movement; a movement that will shake America out of its hallowed racial barriers towards an America that is inclusive of all and a positive beacon for the rest of the world. As Obama states often, the road will not be easy even if he is chosen to lead, for the America that he deserves to be handed tomorrow will be a mere shadow of its former self, hollowed out by a self-serving, arrogant leadership that has bled it dry of whatever virtue it had left.
To my dear friends, who have walked the walk, talked the talk, and pounded the streets to gather support for Obama; who sacrificed their time and energy to promote victory for the rest of us, may your tireless efforts be rewarded tomorrow and may we all share in the glory.
Thursday, October 30, 2008
John McCain Campaign an Embarassment to Republican Party
Sarah Palin has become a caricature and unfortunately has taken John McCain with her. Now he is standing at the podium calling out for "Joe the Plumber," who apparently didn't show up and Fox News is interviewing "Tito the Builder," Sarah Palin's new sidekick. To make matters worse, Sarah Palin has "gone rogue" for even attempting to say a few words of her own, and all of this is wrapped up in a bubble of negativity, race-baiting, and mixed messages. How did John McCain stoop so low?
Throughout all of this, Barack Obama has run a tight campaign, raised a gazillion dollars, adhered to an inspiring message of change, appeared Presidential and has appeared completely on message every-time, is thoughtful and engaging, has rally's filled with cheers while McCain's have been filled with boos, has inspired many Americans to vote and be engaged in the political process for the first time and yet there are still so many Americans who say they are still undecided. How in a thinking brain can Americans look at the evidence and still consider John McCain and the Republican party worthy contenders for the Presidency?
And, I haven't even mentioned the economic meltdown that should be sweetening Obama's pot as far as Americans are concerned. Yet, these people will apparently vote themselves out of economic existence because they are so ignorant that they can't cross the great racial divide to vote for the best Presidential candidate of any race that America has had in a long time; an intelligent contender who actually has a good chance of leading us out of this mess. It is virtually impossible for anyone in the thinking set to comprehend how Americans can be so ignorant after all of this time that they can watch the talking heads on Fox News laugh and mock any guest with even a remote sense of intelligence.
Americans are out there standing up today shouting out at the McCain/Palin rally "Obama is a muslim, Obama is a terrorist" and building up so much antagonism that skinheads were arrested this week for attempting to plan to assassinate Obama. The McCain campaign is stoking this fear. Why would the Republican Party let itself be hijacked by anti-intellectual, pro-America, pro-white, pro-evangelist faction to the point where they are considering Sarah Palin for an important leadership role going forward? What will happen to the idea-based conservatives like Peggy Noonan, David Frum, Chris Buckley, David Brooks and others who believe in the Reagan's Republican party of small government, low taxes and free-market capitalism?
Hopefully they will have the next 4 years to think about it.
Throughout all of this, Barack Obama has run a tight campaign, raised a gazillion dollars, adhered to an inspiring message of change, appeared Presidential and has appeared completely on message every-time, is thoughtful and engaging, has rally's filled with cheers while McCain's have been filled with boos, has inspired many Americans to vote and be engaged in the political process for the first time and yet there are still so many Americans who say they are still undecided. How in a thinking brain can Americans look at the evidence and still consider John McCain and the Republican party worthy contenders for the Presidency?
And, I haven't even mentioned the economic meltdown that should be sweetening Obama's pot as far as Americans are concerned. Yet, these people will apparently vote themselves out of economic existence because they are so ignorant that they can't cross the great racial divide to vote for the best Presidential candidate of any race that America has had in a long time; an intelligent contender who actually has a good chance of leading us out of this mess. It is virtually impossible for anyone in the thinking set to comprehend how Americans can be so ignorant after all of this time that they can watch the talking heads on Fox News laugh and mock any guest with even a remote sense of intelligence.
Americans are out there standing up today shouting out at the McCain/Palin rally "Obama is a muslim, Obama is a terrorist" and building up so much antagonism that skinheads were arrested this week for attempting to plan to assassinate Obama. The McCain campaign is stoking this fear. Why would the Republican Party let itself be hijacked by anti-intellectual, pro-America, pro-white, pro-evangelist faction to the point where they are considering Sarah Palin for an important leadership role going forward? What will happen to the idea-based conservatives like Peggy Noonan, David Frum, Chris Buckley, David Brooks and others who believe in the Reagan's Republican party of small government, low taxes and free-market capitalism?
Hopefully they will have the next 4 years to think about it.
Wednesday, October 29, 2008
Obamercial is Flawless
On the eve of Obama's 30 minute prime-time infomercial, the critics were weighing in on this unprecedented occasion, well I keep hearing that Ross Perot did one but I must admit I don't remember it and I haven't looked it up, that it could wind up being a foot in mouth, over-confident, over-the top propaganda message, that it may backfire, that it was too much of a risk at this late stage, or the sheer cost of it is absurd, why is Fox delaying the world series for it, and that Obama is unfairly spending ill-gotten gains because he reneged on his pledge to accept public financing and the accompanying fund-raising cap even though at the time they were skeptical of his ability to raise cash on the open market. Even I was starting to dread the decision as too risky.
Well nervous nellies, it was flawless! Every lingering doubt, every policy point and all fears were put to rest as Obama delivered his message as a narrative through the eyes of middle class, swing-state based Americasn in a well-produced, engaging 30 minutes that was inspiring. How dare he make us hard-hearted folks feel hope for America? Well, if you caught John McCain on Larry King after the broadcast that was certainly his tone, whining, complaining and pushing his negative Obama message missing the opportunity once again to brush off Obama and tell the captive American audience why they should vote for him.
You watch one half hour of feel-good TV, followed by 12 minutes of grumpy old guy and you start to wonder why he still has statistically significant support. Either it is a testament to John McCain's credentials as a formidable candidate that he can run a disastrously disjointed, negative campaign, even choosing a woefully inadequate running mate and still be within a few digits in the polls or Obama is a black man.
Well nervous nellies, it was flawless! Every lingering doubt, every policy point and all fears were put to rest as Obama delivered his message as a narrative through the eyes of middle class, swing-state based Americasn in a well-produced, engaging 30 minutes that was inspiring. How dare he make us hard-hearted folks feel hope for America? Well, if you caught John McCain on Larry King after the broadcast that was certainly his tone, whining, complaining and pushing his negative Obama message missing the opportunity once again to brush off Obama and tell the captive American audience why they should vote for him.
You watch one half hour of feel-good TV, followed by 12 minutes of grumpy old guy and you start to wonder why he still has statistically significant support. Either it is a testament to John McCain's credentials as a formidable candidate that he can run a disastrously disjointed, negative campaign, even choosing a woefully inadequate running mate and still be within a few digits in the polls or Obama is a black man.
Monday, October 27, 2008
Pre-Election Fatigue
Since I started my job, the television sets in the break-rooms have all been tuned to CNN, all day, every day, without a break. I wonder if someone will turn the channel, maybe, after the election. I am not sure if this is the custom or borne of necessity; satisfying the news-addicted selves that many of us have become. Nevertheless, every time you get water, coffee, prepare your breakfast and/or lunch, there is one of them talking, Obama, McCain, Palin and sometimes Biden; his rallies get the least coverage.
When I come home, we have the news on, with a little more flexibility in that we flip through all the news channels, listening to all the pontification on the election as if it is a sporting event; the play by play with all of the obvious commentary and conclusions batted about with authority. The all-knowing pundits making fools of themselves especially those sincerely defending the erratic actions of the McCain/Palin campaign; so dark, so extreme the comedy. But now, I have to say, I am absolutely sick of it!
Today, as I was in the kitchen and Obama was on, a co-worker commented that he was just as "dirty as the rest of them," and he was not saying anything new; it was the same old yadda yadda that he's been hearing for weeks, no months, probably a year at least. Before I go on I must interject, why do citizens expect impeccable behavior from politicians when the nature of the beast dictates that you have to get your hands dirty to succeed? It is a necessary evil if you want to survive; serving the people sometimes means subverting the people in order to continue to serve the people.
No politician can be pristine yet the expectation of some kind of morale facade is deeply rooted in the election process. And, for the duration of said election cycle, the politicians sling mud at each other while we all pat ourselves on the back resplendent in our candidate's ability to take a moral highground just a little higher than the opponent's. Satisfactory. Job well done. And if not, what he or she should or should not have said with the same jawboning of an academic exercise. Filler. Commercial. Filler. Flip the Channel.
Anyhow, I digress. I deftly steered my co-worker to some non-partisan websites and explained that one can separate the stump from the message and when you dig deep into the message you get a different picture of the candidates that will clarify all the sound-bites. After he conceded that I was right about Obama, he happily went on and I happily scored another one for the cause. But, I couldn't help that he was right about the elections season overload. I am starting to turn away from all the noise; not just me, many of us are now suffering from pre-election fatigue, all wanting the election to be over, to be done with the incessant partisan rant and to be happy that we have elected a better President than what we now.
So tonight, I found TiVo again and tried to reclaim some connection to the fall TV season. What, 6 episodes behind on Mad Men? I've got a lot of catching up to do.
When I come home, we have the news on, with a little more flexibility in that we flip through all the news channels, listening to all the pontification on the election as if it is a sporting event; the play by play with all of the obvious commentary and conclusions batted about with authority. The all-knowing pundits making fools of themselves especially those sincerely defending the erratic actions of the McCain/Palin campaign; so dark, so extreme the comedy. But now, I have to say, I am absolutely sick of it!
Today, as I was in the kitchen and Obama was on, a co-worker commented that he was just as "dirty as the rest of them," and he was not saying anything new; it was the same old yadda yadda that he's been hearing for weeks, no months, probably a year at least. Before I go on I must interject, why do citizens expect impeccable behavior from politicians when the nature of the beast dictates that you have to get your hands dirty to succeed? It is a necessary evil if you want to survive; serving the people sometimes means subverting the people in order to continue to serve the people.
No politician can be pristine yet the expectation of some kind of morale facade is deeply rooted in the election process. And, for the duration of said election cycle, the politicians sling mud at each other while we all pat ourselves on the back resplendent in our candidate's ability to take a moral highground just a little higher than the opponent's. Satisfactory. Job well done. And if not, what he or she should or should not have said with the same jawboning of an academic exercise. Filler. Commercial. Filler. Flip the Channel.
Anyhow, I digress. I deftly steered my co-worker to some non-partisan websites and explained that one can separate the stump from the message and when you dig deep into the message you get a different picture of the candidates that will clarify all the sound-bites. After he conceded that I was right about Obama, he happily went on and I happily scored another one for the cause. But, I couldn't help that he was right about the elections season overload. I am starting to turn away from all the noise; not just me, many of us are now suffering from pre-election fatigue, all wanting the election to be over, to be done with the incessant partisan rant and to be happy that we have elected a better President than what we now.
So tonight, I found TiVo again and tried to reclaim some connection to the fall TV season. What, 6 episodes behind on Mad Men? I've got a lot of catching up to do.
Thursday, October 23, 2008
The Politics of Race
The Meltdown of the McCain/Palin campaign over the last few days is making me start to feel bad for John McCain. After all, he has sacrificed his reputation for this campaign though, thank goodness, America will forget in due time. Two things were going to happen when John McCain selected Sarah Palin as his running mate; she was going to energize the Republican conservative base and perhaps skim off former Hillary supporters who, in their disappointment appeared to reject Barack Obama out of hand or she would personify exactly what she was thought to be at the time, a neophyte lacking the credentials to be Vice President.
It seems that the latter has come to pass and though we are not shocked, we are still surprised to see it unfold before us. And, though she was chosen to energize the base, none of us could have imagined the devisiveness that has come to characterize her campaign and by extension, John McCain's. From her mouth has emanated a charged vocabulary with an undercurrent no doubt influenced by her virtual isolation in Alaska.
On the eve of the possible of election of a 1/2 black man as President, America reveals its racial divisions once again for all the world to witness. This is supposed to be the greatest country in the world yet the Republican candidates for Presidency stoke an unspoken but understood prejudice that is seized upon with gusto and widespread support. This is kind of frightening. It reminds me of the division that we had in the democratic primaries where Hilary had to deliver her people to Obama much to the distress of herself and her supporters - an open wound fueled by the competitive division between a white woman and a black man both vying to become the historical first President of their kind. In time, Democrats came around to support the greater good, a Democrat for President.
Now with the increasingly hostile and corrosive campaign that Palin spews and McCain condones, we are left with people who have a more insidious separation, a racial divide rooted in hundreds of years of history that was only equalized by law less than 50 years ago. The very same separation that may cost Obama the election if Americans fail to look beyond race once they hit the voting booth; proving that the Bradley effect is no myth, but reality.
It seems that the latter has come to pass and though we are not shocked, we are still surprised to see it unfold before us. And, though she was chosen to energize the base, none of us could have imagined the devisiveness that has come to characterize her campaign and by extension, John McCain's. From her mouth has emanated a charged vocabulary with an undercurrent no doubt influenced by her virtual isolation in Alaska.
On the eve of the possible of election of a 1/2 black man as President, America reveals its racial divisions once again for all the world to witness. This is supposed to be the greatest country in the world yet the Republican candidates for Presidency stoke an unspoken but understood prejudice that is seized upon with gusto and widespread support. This is kind of frightening. It reminds me of the division that we had in the democratic primaries where Hilary had to deliver her people to Obama much to the distress of herself and her supporters - an open wound fueled by the competitive division between a white woman and a black man both vying to become the historical first President of their kind. In time, Democrats came around to support the greater good, a Democrat for President.
Now with the increasingly hostile and corrosive campaign that Palin spews and McCain condones, we are left with people who have a more insidious separation, a racial divide rooted in hundreds of years of history that was only equalized by law less than 50 years ago. The very same separation that may cost Obama the election if Americans fail to look beyond race once they hit the voting booth; proving that the Bradley effect is no myth, but reality.
Wednesday, October 22, 2008
News Addicts: Post Partisanism & Neo-Socialism
This has been the most engaging and engrossing news cycle to the point where many of us are becoming news addicts; major media including the New York Times are profiling self proclaimed news addicts, to the detriment of the new fall television season. The news has become the ultimate reality show, providing all the scintillating drama we need complete with the "so you want to be the next vice president," contestant resoundingly unqualified but resplendent in her $150,000 wardrobe. Even material from fake news comedy and comedy sketch shows is news on the mainstream news networks; the shows that take the news and riff on the news create incredibly hilarious segments that become news in themselves. Yep.
Americans are simultaneously voting for their American Idol and their next President. When times are bad, Americans look to escape reality, in the 1930's they went to the movies, to be swept away from reality, to root for the underdog, the Presidential campaign is entertainment. But, at the same time, Americans need a President who has the potential to lead them out of the misery. We are conflicted enough to be almost fooled again by the same tactics that re-elected George Bush but at the same time we recognize the deception and we want to rise above it this time around.
However, the news is so biased that all it takes is a click to find the right news that tells you what you want to hear: "We report. We decide. You listen. You believe." Somewhere in all of this many have become news addicts because of the need for actual information; we are in a recession but no news organization wants to declare it, everyday is like groundhog day on wallstreet where the market reacts to the news of the day and/or moment as if the economic realities of yesterday were forgotten. Never in so long can I remember a time where we were inundated with facts; financial facts of a complexity that we suddenly have to comprehend as taxpayers; a historic democratic primary leading to a potential historic first for the Presidency and a downright raiding of the public trust to the tune of $2,000,000,000,000.
As the Republicans trump out their usual party platform of conservative values, small fiscally responsible government, low tax Americana, they are overseeing the largest nationalization of private enterprise in collective memory. Socialism, the evil political term of the week, has already been embedded in our progressive tax policies of subsidies, tax credits, social security and public health programs. It is the Republicans, not the oft-described liberal socially radical democrats who are presiding over this post capitalist neo-socialism. To encapsulate further irony, all of this was done in the name of saving our wealthy financial institutions to avoid an economic devastation of all society. How Odd!
This is why it is a troubling reality to watch the Sarah Palin supporters boo loudly at every mention of socialism because of the misconstrued notion that Barack Obama is a socialist for even suggesting that we spread the wealth around by repealing the Bush Tax cuts for those making over $250,000 a year. Politically incorrect is making a comeback and I'm adding my two cents: Do you really think the crowd booing at socialism even understands what it means or that they make more than $250,000 a year? Or do you really think that faced with an 'ism they are concluding the worst because neither they nor Palin understands the term; these the people survivng on welfare, food stamps, medicare, medicaid and other benefits of the public largesse. And for those of them who are working, that, in fact, 95% would benefit from the Obama tax cuts.
This is why we are still worrying; those of us who watch too much news. Polling is misleading and so we try to ascertain which way the wind is blowing.
Americans are simultaneously voting for their American Idol and their next President. When times are bad, Americans look to escape reality, in the 1930's they went to the movies, to be swept away from reality, to root for the underdog, the Presidential campaign is entertainment. But, at the same time, Americans need a President who has the potential to lead them out of the misery. We are conflicted enough to be almost fooled again by the same tactics that re-elected George Bush but at the same time we recognize the deception and we want to rise above it this time around.
However, the news is so biased that all it takes is a click to find the right news that tells you what you want to hear: "We report. We decide. You listen. You believe." Somewhere in all of this many have become news addicts because of the need for actual information; we are in a recession but no news organization wants to declare it, everyday is like groundhog day on wallstreet where the market reacts to the news of the day and/or moment as if the economic realities of yesterday were forgotten. Never in so long can I remember a time where we were inundated with facts; financial facts of a complexity that we suddenly have to comprehend as taxpayers; a historic democratic primary leading to a potential historic first for the Presidency and a downright raiding of the public trust to the tune of $2,000,000,000,000.
As the Republicans trump out their usual party platform of conservative values, small fiscally responsible government, low tax Americana, they are overseeing the largest nationalization of private enterprise in collective memory. Socialism, the evil political term of the week, has already been embedded in our progressive tax policies of subsidies, tax credits, social security and public health programs. It is the Republicans, not the oft-described liberal socially radical democrats who are presiding over this post capitalist neo-socialism. To encapsulate further irony, all of this was done in the name of saving our wealthy financial institutions to avoid an economic devastation of all society. How Odd!
This is why it is a troubling reality to watch the Sarah Palin supporters boo loudly at every mention of socialism because of the misconstrued notion that Barack Obama is a socialist for even suggesting that we spread the wealth around by repealing the Bush Tax cuts for those making over $250,000 a year. Politically incorrect is making a comeback and I'm adding my two cents: Do you really think the crowd booing at socialism even understands what it means or that they make more than $250,000 a year? Or do you really think that faced with an 'ism they are concluding the worst because neither they nor Palin understands the term; these the people survivng on welfare, food stamps, medicare, medicaid and other benefits of the public largesse. And for those of them who are working, that, in fact, 95% would benefit from the Obama tax cuts.
This is why we are still worrying; those of us who watch too much news. Polling is misleading and so we try to ascertain which way the wind is blowing.
Monday, October 20, 2008
Benefits of Racial Doubt
The politics of race is back in the spotlight as America is poised to elect its first black President. The McCain/Palin supporters are being reminded of this on a daily basis as they are wooed on the pretense that they are more "pro-America" than Obama/Biden supporters, that Barack Obama's middle name, Hussein, has muslim/terrorist implications certainly heightened by his connection to Bill Ayers, former '60s radical protest bomber now conveniently recast as a domestic terrorist, and by their own rejection of Obama, simply because he is a black man.
General Colin Powell said it best this weekend when he crossed his party-line to endorse Senator Obama for President stating eloquently that the Republican party was narrowing in its scope, in that it was now tending to be more exclusive than inclusive. And, if in fact Obama was a muslim which he is not, what is so wrong with being American and muslim? Why should/would this be a limiting factor in the land of the free and the home of the brave?
Unfortunately for Obama, in a vast swath of the country, old prejudices die hard; ignorance and provincialism has rendered a large portion of the conservative, fundamentalist Christian population, unrepentingly racist. Gov. Sarah Palin has been out preaching to the choir, allowing them to draw the very conclusions that they are expected to draw to great affect. Sen. John McCain, having been subject to a racial mudslinging by George Bush and Co. during the 2000 Republican primaries, must be turning in his sleep as he struggles to rectify his campaign's cognitive dissonance; dependence on these "rural folk" for votes causing him to implicitly condone their racial outlook by omission of strong condemnation.
Democratic Sen. John Murtha stated a few days ago that his home base of western Pennsylvania is racist, basically a bunch of rednecks and he has implored them to look beyond race and listen to what Obama is saying. This has been the battle cry of many Obama supporters, including union leaders and the like in these traditionally working class (white) areas.
Disaffection with the Republican party together with the economic decline, housing bubble and Wall Street collapse has inadvertently propelled many rural Americans to rethink their racist underpinnings simply because the democratic nominee for President is telling them what they want to hear and just so happens to be a black man. What a turnaround! Black Americans aren't used to getting the benefit of the doubt.
General Colin Powell said it best this weekend when he crossed his party-line to endorse Senator Obama for President stating eloquently that the Republican party was narrowing in its scope, in that it was now tending to be more exclusive than inclusive. And, if in fact Obama was a muslim which he is not, what is so wrong with being American and muslim? Why should/would this be a limiting factor in the land of the free and the home of the brave?
Unfortunately for Obama, in a vast swath of the country, old prejudices die hard; ignorance and provincialism has rendered a large portion of the conservative, fundamentalist Christian population, unrepentingly racist. Gov. Sarah Palin has been out preaching to the choir, allowing them to draw the very conclusions that they are expected to draw to great affect. Sen. John McCain, having been subject to a racial mudslinging by George Bush and Co. during the 2000 Republican primaries, must be turning in his sleep as he struggles to rectify his campaign's cognitive dissonance; dependence on these "rural folk" for votes causing him to implicitly condone their racial outlook by omission of strong condemnation.
Democratic Sen. John Murtha stated a few days ago that his home base of western Pennsylvania is racist, basically a bunch of rednecks and he has implored them to look beyond race and listen to what Obama is saying. This has been the battle cry of many Obama supporters, including union leaders and the like in these traditionally working class (white) areas.
Disaffection with the Republican party together with the economic decline, housing bubble and Wall Street collapse has inadvertently propelled many rural Americans to rethink their racist underpinnings simply because the democratic nominee for President is telling them what they want to hear and just so happens to be a black man. What a turnaround! Black Americans aren't used to getting the benefit of the doubt.
Friday, October 17, 2008
Obama Tax Plan: Rates Similar to Clinton, less than Reagan.
Senator Obama is getting hammered on his tax plan and I have read it. Why doesn't Senator Obama dispel the current talking points sweeping the news media and clarify his plan? He must definitively state that his tax plan returns to tax levels similar to what we had during Clinton when the country experienced a great degree of growth. In addition he should reiterate that President Reagan had higher tax rates in key areas such as capital gains and everyone loved Reagan.
Overall, Obama is essentially repealing the tax cuts of the last 8 years. Those with the funds did make money, all you have to do is compare the Fortune 500 data for these last 8 years. Is it not fair to attempt to level the playing field by giving the middle class the tax cuts this time around?
Also, Obama should point out some of the following facts as well, lest people believe he really is about to set up a socialist state. It is ironic that John McCain is stirring up socialist distrust in Obama's tax plan while President Bush and his Republican appointees are busy ploughing tax dollars into and claiming an ownership stake in private financial enterprises across the globe. This is way more expensive socialism than what Obama is proposing.
(Note: The following list is by no means comprehensive or else I would be here all day):
1. The tax plan does not give tax credits back to those who do not pay taxes but in fact eliminates taxes for seniors earning less than $50,000 - it is not welfare for the lazy paid by the hard-working.
2. The tax plan does not tax people grossing $250,000, it is the tax on the adjusted gross income meaning you have to earn much more than $250,o00 in order to pay taxes on $250,000 after all of your deductions and credits
3. Maybe he should stop mentioning the $250,000 level unless he is going to clarify #2 above. Grossing $250,000 is barely enough to live comfortably on the East Coast in NY. We live on Long Island; we know this is far from any feeling of wealth whatsoever. This is why scale of top 10% of wage-earners should be geographically adjusted. Yes, $250,000 in Appalachia is a lot of money.
4. Most of all, explain the tax credits that he is giving such as aid to families with children in college, mortgage tax relief, and low income tax relief and that he is not giving tax breaks to those who do not pay taxes. If he is, he will have to cut this part out!
For those of you who have read Obama's tax plan, it appears rational and fair in theory. For those of you who hear it second-hand through your biased media venue, it sounds a whole lot more suspicious than it really is.
Overall, Obama is essentially repealing the tax cuts of the last 8 years. Those with the funds did make money, all you have to do is compare the Fortune 500 data for these last 8 years. Is it not fair to attempt to level the playing field by giving the middle class the tax cuts this time around?
Also, Obama should point out some of the following facts as well, lest people believe he really is about to set up a socialist state. It is ironic that John McCain is stirring up socialist distrust in Obama's tax plan while President Bush and his Republican appointees are busy ploughing tax dollars into and claiming an ownership stake in private financial enterprises across the globe. This is way more expensive socialism than what Obama is proposing.
(Note: The following list is by no means comprehensive or else I would be here all day):
1. The tax plan does not give tax credits back to those who do not pay taxes but in fact eliminates taxes for seniors earning less than $50,000 - it is not welfare for the lazy paid by the hard-working.
2. The tax plan does not tax people grossing $250,000, it is the tax on the adjusted gross income meaning you have to earn much more than $250,o00 in order to pay taxes on $250,000 after all of your deductions and credits
3. Maybe he should stop mentioning the $250,000 level unless he is going to clarify #2 above. Grossing $250,000 is barely enough to live comfortably on the East Coast in NY. We live on Long Island; we know this is far from any feeling of wealth whatsoever. This is why scale of top 10% of wage-earners should be geographically adjusted. Yes, $250,000 in Appalachia is a lot of money.
4. Most of all, explain the tax credits that he is giving such as aid to families with children in college, mortgage tax relief, and low income tax relief and that he is not giving tax breaks to those who do not pay taxes. If he is, he will have to cut this part out!
For those of you who have read Obama's tax plan, it appears rational and fair in theory. For those of you who hear it second-hand through your biased media venue, it sounds a whole lot more suspicious than it really is.
Thursday, October 16, 2008
Frozen Credit Markets: What They Are Not Telling Us…
…And why they are not telling us. Those three toxic words driving the financial crisis and the credit freeze: credit default swaps (CDS). They cannot tell us because it is too big to comprehend and too hard to explain. CDS contracts are essentially bets on the bets on the bets that the underlying financial instruments, mainly mortgages, would continue to be profitable. The bets on the bets on the bets are a whole lot bigger number than the underlying mortgages themselves. MIT caliber mathematicians came up with those statistical models; risk moves towards zero when divided into infinitesimal slices shared by a greater mass of investors. Of course this is only good when underlying values increase; nobody calculated the downside. Whoops! First we have to understand credit default swaps...
From wikipedia:
“In layman’s terms the CDS is essentially an unregulated insurance policy. It guarantees the performance of a security instrument, e.g., a mortgage. The buyer of the CDS pays the maker a fee or “premium” (think insurance) for protection against a loss. Historically the US Treasury has not classified derivatives as “insurance,” and therefore they trade free of any government regulations. Because of that, the firm selling the CDS is not required to set aside any reserves from the premiums received to insure against possible future loss claims. This obviously makes the sale of the Credit Default Swaps extremely profitable and default loss payments very expensive.”
“Credit default swaps are the most widely traded credit derivative product. By the end of 2007 there was an estimated $45 trillion to $62.2 trillion worth of credit default swap contracts outstanding worldwide.
Today, AIG asked for even more money; we the taxpayers have already loaned them $85,000,000,000 then another $38,500.000.000 and now they want another $12,000,000,000. If you insert AIG in where it says "the firm" in the above quote then you will understand AIG’s problem. They sold a lot of CDS and all of those mortgage losses mean potentially trillions in loss claims; that’s a heck of a lot of payouts. Insurance is good when everyone pays premiums but only a few collect; there are simply too many people collecting due to these defaults. All of those failing mortgages mean billions, even trillions, in insured defaults.
Adam Davidson of NPR stated that “The pure size of the CDS business is enough to make a failure of AIG a threat to the entire global economy…The fear is…if AIG collapsed, banks would stop lending money to each other. The Treasury Secretary and the Federal Reserve Chairman, Paulson and Bernanke respectively, know this and that is why they keep pumping the money into the credit markets. Over $2,000,000,000,000 has been committed by the Treasury and the Fed so far but the banks are not budging, they are still not lending money to each other; the credit freeze is not thawing. With trillions of CDS sold, no one knows how deep it goes. All of this money may just be a drop in the bucket.
Friday, October 10, 2008
Republican or Democrat: Which Side God?
I grew up in a Christian family that is pretty devout; not just showing up at Church on Sundays but attending weekly bible study and religious events. I, on the other hand, never internalized this part of my upbringing and to this day my family spends countless hours trying to convert me once and for all to the fold. So far I have remained unmoved until this week when the urge to pray has overtaken me as I witness the current political, social, and economic climate in the United States.
Christian conservative values are most aligned with and championed by the Republican party yet Republicans have by far engaged in the most immoral behavior over the last 8 years; there is not one single aspect of this Republican government that has not been cited for deceptive and/or criminal behavior. Yet, the Republicans continue to hold the monopoly on religious allegiance even while construing falsehoods and stirring the pot of prejudice and ignorance.
Gov. Sarah Palin of Alaska has been out spewing the most vitriolic attacks on Sen. Barack Obama this week with little concern that the Alaska legislature was due to report today on whether she abused her power as Governor. What brazen gall? Unfortunately, they found her "slap on the wrist" guilty so it will be a wash; her evangelist base has already forgiven her every transgression thus far. Why does belief in God give you a free pass to despicable behavior?
With the backing of conservatives and evangelists everywhere, the McCain-Palin ticket has been encouraged to win at any cost; resorting to the politics of fear as the only strategy left at their disposal. It does not seem like the most Christian-like behavior especially when juxtaposed with the Obama campaign's message of hope. What does this say about America and its democracy? After all of this nastiness, the polls still indicate a fairly close race and this is why I am praying. Dear Lord, please be on the side of Obama. Amen.
Christian conservative values are most aligned with and championed by the Republican party yet Republicans have by far engaged in the most immoral behavior over the last 8 years; there is not one single aspect of this Republican government that has not been cited for deceptive and/or criminal behavior. Yet, the Republicans continue to hold the monopoly on religious allegiance even while construing falsehoods and stirring the pot of prejudice and ignorance.
Gov. Sarah Palin of Alaska has been out spewing the most vitriolic attacks on Sen. Barack Obama this week with little concern that the Alaska legislature was due to report today on whether she abused her power as Governor. What brazen gall? Unfortunately, they found her "slap on the wrist" guilty so it will be a wash; her evangelist base has already forgiven her every transgression thus far. Why does belief in God give you a free pass to despicable behavior?
With the backing of conservatives and evangelists everywhere, the McCain-Palin ticket has been encouraged to win at any cost; resorting to the politics of fear as the only strategy left at their disposal. It does not seem like the most Christian-like behavior especially when juxtaposed with the Obama campaign's message of hope. What does this say about America and its democracy? After all of this nastiness, the polls still indicate a fairly close race and this is why I am praying. Dear Lord, please be on the side of Obama. Amen.
Thursday, October 9, 2008
What Happened to John McCain?
Most Americans had respect for John McCain whether or not they agreed with his politics. That respect has been severely strained for some and completely broken for others. He has allowed Sarah Palin to whip his supporters into such a far right frenzy with all the trappings of ignorance and prejudice that they all have lost sight of reason. This is a shame considering that John McCain was the first to declare earlier this year that he wanted to run a "clean" campaign.
The Dow has nose-dived 2000 points in the last 5 days to less than 8,600 points; my brain still cannot comprehend. The Federal Government through the treasury and the Federal Reserve has committed trillions to rescuing the economy without any negligible effect. This downturn is so serious, even the rich are losing money. Yet, all we hear from McCain-Palin is nasty attacks about Barack Obama's connection with Bill Ayers, the 60's era anti-Vietnam Domestic terrorist turned educator, who Obama worked with on education reform.
Joe Conason of RealClearPolitics.com wrote today:
Even Cindy McCain has jumped into the fray declaring that Obama, who has lobbed his own attacks on MCain though he has not sunk as low, has run the "dirtiest campaign in American History." What? The heights of denial to which the McCain campaign has sunk will require years of therapy to unwind, for all of us. Obama has kept calm, continues to evoke a Presidential aura and push his economic policy to salvage America; meanwhile McCain's supporters are so rabid, it is clear that they are beyond listening to his economic prescriptions. Ever thought a 1/2 black man with a funny name could be President? McCain really thinks so and he is fighting against it like mad.
The Dow has nose-dived 2000 points in the last 5 days to less than 8,600 points; my brain still cannot comprehend. The Federal Government through the treasury and the Federal Reserve has committed trillions to rescuing the economy without any negligible effect. This downturn is so serious, even the rich are losing money. Yet, all we hear from McCain-Palin is nasty attacks about Barack Obama's connection with Bill Ayers, the 60's era anti-Vietnam Domestic terrorist turned educator, who Obama worked with on education reform.
Joe Conason of RealClearPolitics.com wrote today:
"Entering the election's final weeks, the rhetoric of the former maverick and his lipstick-toting pit bull, Gov. Sarah Palin, has turned so ugly and inflammatory that their rallies have begun to sound like lynch mobs."
"What these concluding weeks have told us about the Republican candidate, to the shock and surprise of many of his admirers, is that he misunderstands the meaning of honor. Evidently he believes that the credit he accrued for suffering bravely for his country in Vietnam somehow licenses him to campaign as crudely and deceptively as he can, if that will help him to win. He seems not to realize that the respect he earned so many years ago requires him to uphold a higher standard of decency in politics."
Even Cindy McCain has jumped into the fray declaring that Obama, who has lobbed his own attacks on MCain though he has not sunk as low, has run the "dirtiest campaign in American History." What? The heights of denial to which the McCain campaign has sunk will require years of therapy to unwind, for all of us. Obama has kept calm, continues to evoke a Presidential aura and push his economic policy to salvage America; meanwhile McCain's supporters are so rabid, it is clear that they are beyond listening to his economic prescriptions. Ever thought a 1/2 black man with a funny name could be President? McCain really thinks so and he is fighting against it like mad.
Wednesday, October 8, 2008
Republican Platform Defies Logic
Thomas Frank writing in today's Wall Street Journal captures my thoughts today, I need not say anymore:
"OK, let me get this straight: The central axiom of conservative Republicanism is that government is inherently corrupt and can't do anything right.
Over many years of ascendancy, conservative Republicans have filled government agencies with conservative Republicans and proceeded to enact the conservative Republican policy wish list -- tax cuts, deregulation, privatization, outsourcing federal work, and so on.
And as a consequence of these policies our conservative Republican government has bungled most of the big tasks that have fallen to it. The rescue and recovery of the
Yet now we are supposed to vote for more conservative Republicans because we learned from the last bunch of conservative Republicans that government just doesn't work."
Tuesday, October 7, 2008
2nd Presidential Debate Leans Obama
I was looking forward to the debate today because of the promise that the questions would come from the people. Apparently, 6 million questions were submitted so it was surprising that the chosen questions were quite similar to those of the first debate especially when it came to foreign policy. It sounded like the whole foreign policy section of the first debate with the same answers, almost word for word. The domestic questions were a little more personal but here again I was expecting a debate centering more on the current economic crisis.
Just like the first debate, Obama's answers were well articulated and he even explained McCain's health care policy and tax policy a little better than McCain did; McCain simply did not present enough detail of his plans. Americans are really looking for detail on how problems will be fixed going forward in light of the 2009 budget deficit of $500,000,000,000 and $1,500,000,000,000 pricetag for the 2008 bailouts thus far if you tally what the Federal Reserve, Treasury, and Congress have committed so far.
We are in serious trouble financially. Obama has some concrete ideas; McCain's plan is "trust me, I'll fix it." Either way there is plenty of spending on both sides and cutting current spending to allow for new spending effectively leaves us with the same deficits. I do worry that a democratic administration will spend more on entitlements but I worry more about where a continuation of the Republican economic ideology will take us. All we have to do is look around.
Just like the first debate, Obama's answers were well articulated and he even explained McCain's health care policy and tax policy a little better than McCain did; McCain simply did not present enough detail of his plans. Americans are really looking for detail on how problems will be fixed going forward in light of the 2009 budget deficit of $500,000,000,000 and $1,500,000,000,000 pricetag for the 2008 bailouts thus far if you tally what the Federal Reserve, Treasury, and Congress have committed so far.
We are in serious trouble financially. Obama has some concrete ideas; McCain's plan is "trust me, I'll fix it." Either way there is plenty of spending on both sides and cutting current spending to allow for new spending effectively leaves us with the same deficits. I do worry that a democratic administration will spend more on entitlements but I worry more about where a continuation of the Republican economic ideology will take us. All we have to do is look around.
Friday, October 3, 2008
Bailout Bill Stinks
Oh how our Congress people, House and Senate, held their noses to sign the new bailout bill which was suddenly more appealing because it included an additional $110,000,000,000 in what are essentially earmarks. So, the last great act of George Bush’s Presidency, which has been characterized by reckless and excessive government spending, is to alleviate the credit crisis by enacting the largest most reckless government spending bill with the purpose of bailing out Wall street in the name of saving
In the interim between Monday’s failure and Friday’s begrudging acceptance of this disastrous piece of legislation, the Federal Reserve pumped hundreds of billions more into the monetary system so in essence we, the taxpayer, spent more than $1,000,000,000,000 this week on the premise that we had to do something. There is a difference between needing a solution and accepting a bad solution out of sheer ineptitude. If I were Barack Obama I would abandon this race and let McCain win. He might have to repeat his “thing with Hilary” but I would let the Republicans take George Bush’s mess and go down with that ship. After all the expenditure and economic disaster yet to come, I say, let them have it.
Thursday, October 2, 2008
VP Debate Delivers As Expected
The Vice Presidential debate tonight will probably deliver as expected. After all, the stakes have been set so low that as long as Sarah Palin proves she can walk and chew gum at the same time, she will have done well. No matter how well he performs, Joe Biden will be Joe Biden so he will not have any measurable affect.
Palin has been so demonstrably incoherent in her last few interviews that any stringing of words together will be an achievement. The sad fact about Sarah Palin’s position tonight is that she is the representational recipient of every prejudicial and sexist treatment that could possibly be bestowed upon a woman. Since she was chosen as John McCain’s running mate just over a month ago, she has been shielded from the usual interaction with the media that is the normal rite of passage for any candidate, male or female, who runs for higher office.
P.S. She delivered on style but not substance; Biden delivered on substance but not style. Tie.
Tuesday, September 30, 2008
The Heights of Drama
The drama of the news of the last few days has been astounding. Is there a reason to watch anything else? No other dramas, scripted or unscripted, have been quite so compelling as the news. It is like the whole country has become completely unhinged. The flagrant disregard for truth has turned everything into a side show. George Bush and his administration had such disdain for the truth that it has permeated the very fabric of our beings; John
Monday, September 29, 2008
What a Difference a Weekend Makes...
Much clarity has been given to certain situations though many more waters have been muddied...
The Bailout Fails: In a vote of 228 Nay vs. 205 Yea, the House of Representatives failed to pass the $700 billion bailout package with a resounding 2 to 1 nay on the part of the Republicans. Thank you Republicans. There, I said it. I am happy this bill did not pass because I did not know all of the details and I think it was too large a sum to make such a hasty decision.
I understand that this is really about Commercial Paper and not bailing out Wall Street but then don't put forth a bill with little explanation granting vast powers to Treasury Secretary Hank Paulson, who is from Wall Street and has private interests (mainly Goldman Sachs) to protect. There are many other methods, all equally valid, that would assist in returning liquidity to the Credit markets. This is about confidence in lending; banks and others are all undermined by their own lapsed judgment in lending. The Federal Reserve is doing all it can by dropping additional hundreds of billions into the global markets but still the Commercial paper market remains frozen. If banks don't lend to each other then small businesses and individual borrowers suffer the most. It is possible that the Fed is overextending itself, more to follow on this I am sure.
The rest of it is that the markets do need to correct; we accept correction in every other market except this one? In any case, a bailout package should, at its core, provide relief to struggling home owners; there has to be a provision to allow borrowers to re-negotiate their loans with a fixed interest rate between 6.5% to 7% and a longer loan term of 40-50 years. The point is the loan amount remains the same but the payments become more affordable and when the markets return to health these borrowers will be able to refinance to a shorter term loan or better interest rate. This way the prudent people who did choose affordable loans do not feel punished for being prudent.
Dow drops 777.68 - A Day That Will Live in Infamy: The Dow suffered one of the worse days in history dropping nearly 500 points the instant the House vote was closed; it was already hovering around $280 points down pre-vote. We watched it in real time; most of my coworkers checked in on the CNN Money site which crashed momentarily; MarketWatch, my preferred choice, stood firm though refreshed at an agonizingly slow pace. All hell instantly broke loose; political spin, partisanship blaming; John McCain claiming credit for bringing together the bailout package then having to sidestep himself when it failed damningly by his own party. Ouch. Also John McCain appeared with Gov. Sarah Palin in a joint interview to save her from remarks she made about Pakistan that he criticized Obama for saying in the debate. Double Ouch.
Saturday Night Live Palin Skit Dead On: Yet another Sarah Palin skit was unveiled on Saturday night this weekend with a send-up of Gov. Palin's interview with Katie Couric. All it required was Tina Fey, who does a very convincing comic caricature of Palin, essentially espousing verbatim Palin's exact phrases from the interview. Hilarious but sad; Palin is living the Peter Principle. Enough said.
Last But Not Least: This is the most engrossing reality show on record as we watch our economy and politics explode, the Republican party implode and the Democratic party standing to bear the brunt of this economic disaster if Obama is elected. He will be blamed if the devastating outcomes of this debacle persist over the next 4 years and of course, it will be doubly damning because he is 1/2 a black man. Sad but true. At the end of the day, politics and fear aside, we all have to give ourselves a financial housekeeping. Plan for the worst and you will survive. The net effect of all of this is that decrease in consumer spending will kill our GDP splintering all industries and the credit card market will be next in line to send up its wave of bad debt. It does not look pretty out there. What were the economic terms that we had before "market correction?" Depression, recession, inflation? Think about McCain & Palin leading us through these times...try not to cringe while doing so.
The Bailout Fails: In a vote of 228 Nay vs. 205 Yea, the House of Representatives failed to pass the $700 billion bailout package with a resounding 2 to 1 nay on the part of the Republicans. Thank you Republicans. There, I said it. I am happy this bill did not pass because I did not know all of the details and I think it was too large a sum to make such a hasty decision.
I understand that this is really about Commercial Paper and not bailing out Wall Street but then don't put forth a bill with little explanation granting vast powers to Treasury Secretary Hank Paulson, who is from Wall Street and has private interests (mainly Goldman Sachs) to protect. There are many other methods, all equally valid, that would assist in returning liquidity to the Credit markets. This is about confidence in lending; banks and others are all undermined by their own lapsed judgment in lending. The Federal Reserve is doing all it can by dropping additional hundreds of billions into the global markets but still the Commercial paper market remains frozen. If banks don't lend to each other then small businesses and individual borrowers suffer the most. It is possible that the Fed is overextending itself, more to follow on this I am sure.
The rest of it is that the markets do need to correct; we accept correction in every other market except this one? In any case, a bailout package should, at its core, provide relief to struggling home owners; there has to be a provision to allow borrowers to re-negotiate their loans with a fixed interest rate between 6.5% to 7% and a longer loan term of 40-50 years. The point is the loan amount remains the same but the payments become more affordable and when the markets return to health these borrowers will be able to refinance to a shorter term loan or better interest rate. This way the prudent people who did choose affordable loans do not feel punished for being prudent.
Dow drops 777.68 - A Day That Will Live in Infamy: The Dow suffered one of the worse days in history dropping nearly 500 points the instant the House vote was closed; it was already hovering around $280 points down pre-vote. We watched it in real time; most of my coworkers checked in on the CNN Money site which crashed momentarily; MarketWatch, my preferred choice, stood firm though refreshed at an agonizingly slow pace. All hell instantly broke loose; political spin, partisanship blaming; John McCain claiming credit for bringing together the bailout package then having to sidestep himself when it failed damningly by his own party. Ouch. Also John McCain appeared with Gov. Sarah Palin in a joint interview to save her from remarks she made about Pakistan that he criticized Obama for saying in the debate. Double Ouch.
Saturday Night Live Palin Skit Dead On: Yet another Sarah Palin skit was unveiled on Saturday night this weekend with a send-up of Gov. Palin's interview with Katie Couric. All it required was Tina Fey, who does a very convincing comic caricature of Palin, essentially espousing verbatim Palin's exact phrases from the interview. Hilarious but sad; Palin is living the Peter Principle. Enough said.
Last But Not Least: This is the most engrossing reality show on record as we watch our economy and politics explode, the Republican party implode and the Democratic party standing to bear the brunt of this economic disaster if Obama is elected. He will be blamed if the devastating outcomes of this debacle persist over the next 4 years and of course, it will be doubly damning because he is 1/2 a black man. Sad but true. At the end of the day, politics and fear aside, we all have to give ourselves a financial housekeeping. Plan for the worst and you will survive. The net effect of all of this is that decrease in consumer spending will kill our GDP splintering all industries and the credit card market will be next in line to send up its wave of bad debt. It does not look pretty out there. What were the economic terms that we had before "market correction?" Depression, recession, inflation? Think about McCain & Palin leading us through these times...try not to cringe while doing so.
Friday, September 26, 2008
A Few Words About the Presidential Debate
Going into the debate, there were certain inalienable truths. McCain is much better on foreign policy but not on the economy. Obama had much greater strength on the economy but not on foreign policy. In addition, he also had to show America that he was truly Presidential and hold his own alongside John McCain.
McCain was not able to fully convince us that his economic policy was sound; in fact after the charade of going to Washington to save the taxpayer from a debt worse than fate, he did nothing in this debate to comfort them. Obama showed a good grasp of foreign policy but more importantly he appeared confident and completely Presidential. For those not sure about voting for the black man, he sure gave them much to re-consider. Score this debate in favor of Obama.
McCain was not able to fully convince us that his economic policy was sound; in fact after the charade of going to Washington to save the taxpayer from a debt worse than fate, he did nothing in this debate to comfort them. Obama showed a good grasp of foreign policy but more importantly he appeared confident and completely Presidential. For those not sure about voting for the black man, he sure gave them much to re-consider. Score this debate in favor of Obama.
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