Palin

I haven't blogged much lately. I really didn't have much to say about Sarah Palin. She was a political mystery, until now. What we are finding out is Palin is no more a maverick than John McCain. Yes, she cleaned up some corruption in Alaska Government, but she brought in her own bunch of unqualified cronies. She set up an administration that mirrors Bush's. Her administration uses personal emails to conduct business secretly, it engages in punishing opposition, it demands loyalty, and it covers up to avoid accountability.

McCain's choice shows he wasn't looking for a serious female running mate. Palin energizes the base, but is really alienating independents and Democratic Women. Is Palin what McCain thinks of Hilary? Why is McCain protecting Palin from taking questions? She's not ready for anything, but going back to AK and facing the music.

Neil Cavuto is an ASS

The goal in Washington must be to never have to say "I'm Sorry". Republicans have screamed for years about reducing the burden on businesses (Regulation). They got it. They got greedy executives what they wanted, and what logically followed was unchecked bad business practices that caused many of these Investment Banks to tank. Are Republicans saying "Oooops, didn't see that coming"? No, they're trying a tried and true method of distraction- they're blaming minorities!!

Neil Cavuto went on air and stated that the problem was banks lending to minorities and risky people. Yes, Cavuto said that non-Whites are to blame for this crisis! Cavuto forgets that US banks have a long history of not loaning money to minorities.

Damn, pt 2

I posted about deregulation here. I guess I was right. Phil Gramm coauthored a bill that allowed Investment Banks to do things that they had not been allowed to do since the Depression. Phil Gramm then left the Senate, and started working for UBS's US Division. Phil created a job for himself, and then turned around and said this recesion was all mental and tat Americans were whiners.

Hey Phil, can you say Chickens coming home to roost? Phil gutted the laws that protected us, the Fed did nothing to tighten oversight, and the Banks ran wild. Sub-prime lenders were funded by large banks- that's a fact that many ignored. The Sub-primes were proxies for big banks- sucking cash out of people that the big banks wouldn't touch. Then the big banks bought those overpriced loans. Now, you have to be kind of dumb to accept an interest-only loan. As the name implies, you are only paying the interest every month, which means you have no equity in your home. The only way of getting equity is for the value of the house to rise. To me, that is real estate speculation.

Damn

Last Monday, we awoke to a crashing Market and failing Investment banks. According to Chris Matthews, Americans lost ONE TRILLION DOLLARS that day! We saw the Bush Economy is really about.

Calling him out

The ladies of the view have managed to do something that no one else has done- they called out McCain to his face. The ladies confronted Senator McCain- asking him why he has chosen to distort Obama's record. McCain has no real answer- telling the truth at this point would kill his campaign. Joy Beier was leading the way, but even Barbara Walters got into the act when McCain tried lying his way out of it.

500,000 new reasons

For the month of August, Obama raised $66M!! In addition, he picked up 500,000 new contributors.

Campaign Financing, revisited

I had one or two other points to make in this area, but time and circumstances intervened. Looking back, I regret not making time to finish this series of posts. The Republicans have gotten their act together on the message front, and are trying to steal the change message AND paint Obama as an elitist traitor that hates his country.

Yes, Obama took a public hit for not going with Public Financing, but this candidate has close to 2Million contributors! I think 2,000,000 Americans giving something under $120 each is a great example of the public financing a campaign. I understand that means less than 1% of Americans have contributed to the Obama Campaign, but that <1% represents a record RECORD number of contributors to a campaign.

Back in the Saddle again

Well, it has been quite a ride the last three months. In short, I got a job offer that was a bit of a gamble, but one that has a HUGE upside for myself and the family. I'll chronicle some of the ups and downs since last I blogged, but professionally, I'm feeling it big time- swagger.