We have received some feedback recently, which made us feel that people think we are a Republican Blog. We can see after looking back over the past couple of months, how that could be the perception. The reason we write more about the Democrats is because they are everywhere trying to change everything.
When was the last time the Republicans really did much of anything. We can see why, as a party they would want to lay low and hunker down for a while. Their last major undertaking resulted in what we are now experiencing. How much confidence could they have left? First they abandon the President and leave him out there on his own, only his immediate cabinet members working with him until the end. Then they manage to lose the Presidency to a first term Senator from Illinois. If politics had an equivalent to bankruptcy, the Republican party would be in at.
Look at the outrageous spending the new administration has put into place for the next four years. This may turn out to be the costliest political loss in the history of our country. The attempt at nationalization, the funneling of tax payer dollars to friends and allies. Look at the amount of money being given to AIG. None of this would be happening if the Republican party hadn't failed so miserably. You pick a candidate to defeat one candidate, Hillary Clinton, instead of going with the best person for the job and "oh shit," she implodes and the rest is history.
That is why we are hear, just a group of regular people who make a good living, pay way too much in taxes and who don't run for office. Let's face it, who wants to relive their college years on TV? These are some of our thoughts...we welcome yours....
Showing posts with label john mccain. Show all posts
Showing posts with label john mccain. Show all posts
Friday, May 1, 2009
Sunday, September 28, 2008
What a Ten Days
Incredible! Over the past ten days we have seen financial crisis like I have not seen in my nearly 40 years. The dramatic influence of short sellers on Wall Street, single handedly bringing down some of our most prestigious Wall Street names. The $700 billion bail out, that didn't save Washington Mutual, the nations largest Bank failure in history. Republicans and Democrats, once again, trying to prove who is right. Two Presidential candidates who have no business experience, riding into Washington to save the day. Both ended up leaving, without any measures taken to solve the crisis. Is this a sign of what is to come?
Average people are left wondering,, "I didn't know we had an extra $700 billion stashed away for a rainy day? Where is this money coming from and why weren't we using it before to assist in what has been a year long financial unraveling. The two candidates have done a nice job of giving us sound bites for the news, most of which tell us very little about what each candidate is actually going to do, to move us in the right direction. Also very little has been said about the fact that this may just be another correction in our market. I would say most people, who had no political agenda over the past couple of years, saw financial disaster coming a few years ago. Over history, we can see, all markets correct themselves at some point in time, if they didn't, anyone who invested would have a portfolio that always goes up. The "Creative Mortgage," where someone making $40K a year buys a $300K house, seems to have been based on the fact that our housing market would always go up, but there was no way it could.
This is going to be an exciting couple of months and I hope all of us are doing our homework to make sure we are electing the right officials in November, as there could be no more important time than now to do so. These are my opinions and as always, I look forward to yours...
Average people are left wondering,, "I didn't know we had an extra $700 billion stashed away for a rainy day? Where is this money coming from and why weren't we using it before to assist in what has been a year long financial unraveling. The two candidates have done a nice job of giving us sound bites for the news, most of which tell us very little about what each candidate is actually going to do, to move us in the right direction. Also very little has been said about the fact that this may just be another correction in our market. I would say most people, who had no political agenda over the past couple of years, saw financial disaster coming a few years ago. Over history, we can see, all markets correct themselves at some point in time, if they didn't, anyone who invested would have a portfolio that always goes up. The "Creative Mortgage," where someone making $40K a year buys a $300K house, seems to have been based on the fact that our housing market would always go up, but there was no way it could.
This is going to be an exciting couple of months and I hope all of us are doing our homework to make sure we are electing the right officials in November, as there could be no more important time than now to do so. These are my opinions and as always, I look forward to yours...
Labels:
bail out,
Barack Obama,
election,
housing market,
john mccain,
President,
wall street
Saturday, September 6, 2008
Wow
Well, the conventions are over, the speeches have been made. The Democrats are united and excited. The Republicans are focused and feeling change. Now, the race for the presidency hits high gear. After the Democratic convention it seemed like the "rock star" was going to walk away with the election. After all America has been begging for change and who talks more about change than Mr. Obama.
Then came the announcement of Sarah Palin, as McCain's running mate and her electrifying speech at the Republican convention. McCain is often called the maverick, but Palin seems to be the true "wild card." I don't know about anyone else, but i went out and bought the respective candidates books. It is one thing to learn about them from sound bites on TV, but for me I think I will learn more reading the books they wrote before they were campaigning for President. These are my opinions and I certainly look forward to hearing yours.....
Then came the announcement of Sarah Palin, as McCain's running mate and her electrifying speech at the Republican convention. McCain is often called the maverick, but Palin seems to be the true "wild card." I don't know about anyone else, but i went out and bought the respective candidates books. It is one thing to learn about them from sound bites on TV, but for me I think I will learn more reading the books they wrote before they were campaigning for President. These are my opinions and I certainly look forward to hearing yours.....
Labels:
Barack Obama,
election,
john mccain,
politics,
President,
sarah palin
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