Thursday, May 1, 2008

The Obama Wright Connection

To listen to some people, this scandal is a bad thing for Obama.

However, that is not true. This "scandal" is exactly what Obama needs right now. Black voters need to know that he's "still black" and not some "uncle tom" that is "too white" to represent black people. At the same time, white voters need to be assured that he's not another "kill whitey" Black Panther in sheeps clothing.

The current scandal allows him to appease both sides of the argument. The black voters will say "we see how he realy is, he's down, he's just playing the white mans game in denouncing Wright". The white voters will say "there ya go, he's standing up against the anti american!"

Both voting groups have now been given exactly what they need to rationalize how the candidate is more like they want him to be. Neither group needs to "think" about him or his candidacy because he's offered enough to both groups to fuel their preconceived notion, hopes, and desires about what he would offer.

Furthermore, the scandal gives him more time at the water cooler, more time on the blogs, and more time in peoples heads. You can be sure that he's happy to be in the news again, as there is no such thing as bad publicity.

I still think the entire situation is designed to ultimately give the candidacy to Hillary. However, him losing at this point allows for gracous speaches about how "close we came" and what should have been done in retrospect. In addition to appeasing his followers, it provides a convenient tranfer of DEM campaign energy from Obama to Clinton.

They should be able to come together after the nomination is officialy decided and work together to get their followers (supporters) to lament the scandals, but accept the victor.

the dem campaign so far has made for great tv. hopefully the writers have been well compensated!

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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?