Monday, July 14, 2008

Fannie Mac?

The plan to 'save' the world. I am intrigued to see what this week on Wall St. brings us.

So what happens if we don't help out the major lending istitutions of the US? CNN says

"If they were unable to do so, it would raise the cost and restrict the availability of mortgage loans, causing more problems for already battered housing prices and sales. That in turn would be another significant problem for the overall U.S. economy, as well as global credit markets."

Referring that their inability to give out loans will ruin not only the US market but put a damper on the global market.

That being said, I want to see what the Feds do and where the market goes this week.

We currently stand as so:

Updated: July 11

Dow 11,100.54

Nasdaq 2,239.08

S&P 1,239.49

Monday, June 16, 2008

No Internet

I apologize to all who read my blog. I have had many things to write about but the internet has been down in my apartment building.

My condolences go out to Tim Russert's Family. He was a great man who challenged all politicians to greatness. I encourage you all to watch videos dedicated to him on Youtube

Watch Al Gore's endorsement of Senator Obama http://my.BarackObama.com/GoreVideo


Thursday, June 12, 2008

Hey Bush! What did the five fingers say to the face?

(for any of you that don't get that joke look at http://www.youtube.com/watch?v=IYP_MgWF8hw)

That is what the supreme court Justices told President Bush on their Guantanamo Bay ruling.

Under President Bush's policies there have been detainees held for 6 with no charges brought against them. Granted these are what the United States of America consider to be extreme threats to our country holding them with no charges is unjust. I believe that if one is to be held by the USA for crimes brought against it that person is entitled to the same rights that we are such as Due Processes, habeas corpus, etc.

So now the detainees have the right to challenge their detention. However under Bush's anti-terrorism policy that was not possible. We as Americans are infuriated when our people are held in other countries with even legit reasons. Just imagine how their people feel and why they hate us so.

Now with that being said these men kept there are serious threats. Pelosi said that she wants Guantanamo Bay closed. I do not agree with her completely. I agree they should be giving the right to a trial and contest as to why they are being held but they do need to be kept in strong containment.

So the military jurisdiction is weakened and the detainees have the right to plead to the federal courts. If these are truly bad people as President Bush claims we should put our trust in the leaders under him to prosecute and or judge under what we claim "Liberty and Justice for All"
Wednesday, June 11, 2008

McClellan

I finally received Scott McClellan’s book 'What Happened'. It had been on back order from Amazon.com for a few weeks. Thus far I am very intrigued by his insights to the Whitehouse then to the person we know was President Bush.


Bush seemed to believe the change that Obama speaks of these days. I do remember the days when Bush was first selected to be President by not the people but by the Supreme Court. That is when I first started getting into politics. He also spoke of change and a different government because everybody was tired of the scandals that emerged from the Clinton administration. So now I'm intrigued. Bush claimed change and we got it. Obama claims change and we hope for it. McCain says we can't believe in change.

Senator Obama discusses in his book 'The Audacity of Hope' much desires to be a people’s politician, bipartisan if you will. He is young and daring but republicans swear up and down that he is very liberal. Well his voting record proves that. Bush was bipartisan but went Nazi-Right-Wing shortly after election. So what should we hope for Obama? That he is a liberal with hope and that he changes to a strong bipartisan elected official.

This is why I have always been weary of electing Senator Obama. Will he bring to pass what he claims? Or will he end up like President Bush? After all the American people did not elect President Bush the first time...

"There is an idealistic streak in many of us who get involved in politics. We have a longing for a great leader - The on we imagine as the mythical president of strong character, free of debilitating personal flaws, and committed to striving for high ideals and bringing about something as close to Camelot as we can get, where truth, goodness, and beauty reign supreme.

Most of us are also grounded enough in reality to recognize that such a superhuman leader exists on in our imagination. Yet we still hope for the rare leader who possesses extraordinary talents, unique charisma, and a firm commitment both to striving for greatness and to achieving it the right way, honestly and nobly" - Scott McClellan

I hope that one day I may be able to present the American people with that kind of leader. I work for it now in hopes of a better future for all us.

I believe with Obama we are one step closer to that leader, not quite all the way there but closer.
Tuesday, June 10, 2008

McSame?

I was reading an article on CNN.com today about McCain's tax holiday and saw that a person that goes by Viva Obama 08 posted this:

"A Vote for Barack Obama is a vote for Hillary Clinton because they support the same cause.
A vote for John McCain is a vote for a George Bush third term more wars, bad economy and more country will not want to deal with our country. If you were really a true Hillary suppoter that want a better America for this generation and the future generation you must vote Democratic this November. Please do yourself a good favor and vote for the Democratic nominee this coming November.
No hard feeling because Hillary has none against Barack. We must put the Republican out of the white house.
As you can see, we are in a big reccession and that will get worse with a John McCain."

I couldn't agree more with this person. Other post on this article I read people claiming to be democrat but plan to vote for McCain because he is more liberal than any other Republican. Although that may be true we must remember that the presidency is made by the people in which he surrounds himself. Obama is supported by Senator Kennedy, Senator Edwards, Governor Richardson, House whip Clyburn, and Senator Clinton. McCain is supported by people such as President Bush, Fred Thompson, Peter Fitzgerald (an unpopular Illinois Senator), and oh yeah Sylvester Stallone.

For all of us that are upset that Clinton didn't get the needed delegates lets stop bickering and put our support behind the man she supports: Senator Barack Obama!

“I’m asking you to believe, not in my ability to bring about real change in Washington. I’m asking you to believe in yours.” —Barack Obama.

Believe in your power...