Tuesday, January 8, 2008

Presidential Election 2008 - The race will start soon

So going into Iowa and New Hampshire, everybody wonder which of the dozen plus candidates will make the cut for the Two coveted spots.

Only one Democrat in the group will get their name on the ticket. Only one Republican in the group will get their name on the ticket. It's the time when all of the players put on their best game face and smile for the camera.

But, everybody wonders who will win. Not just who will win the party nomination, but who will ultimately win the election and become the next president. So, who are the big names? Obviously Clinton and Obama get first billing because they are minorities representing demographics that we've all been taught cannot be president. That's worth some TV time right there. So in short, those two are most likely going to be the only ones that count when the decision is made to pick a candidate.

However, on the Republican side of the table, it's a little bit murky. Some people love Guilliani and think he could go all the way. Some love McCain and think the same thing. Personally, I love Thompson, but i'm under the impression that he's not going to make it to the final stretch.

So, who will be the final two? Will it be McCain and Obama? That's my tenative guess. As far as story goes, I'd kinda like to see Clinton v. Huckabee and have a good old Arkansas Smarm-Off!
Posted by Blog Friend at 6:23 PM

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The Mortgage Crisis

The mortgage crisis could not have been an accident. The people that "approved" the mortgages KNEW that:

  1. Were going to have prohibitive payments in 12 to 24 months
  2. Were going to be on property worth far less than what they sold for within 12 to 24 months
  3. Would be forclosed on because they couldn't sell for the amount of the mortgage

Bankers blame it on homeowners making bad decisions or not having foresight. However, those bankers get very uncomfortable when you point out that these mortgage were all approved by bankers that get PAID to know the market and it's trends.

When you point out that regular people like you and I saw this coming back in 2004/2005, they start to tap their fingers and look around nervously.

The short answer is that they set us up and we don't know "why".

Mortgages traditionally require people prove they can make the payments even when the market is not headed down. The banks knew exactly what they were doing...

The Media On It's Knees

Why is it that the mainstream media is clamoring on their knees in front of Obama as if their unwarranted affection will somehow lower his zipper and give them what they so desperately seem to want?