icandoitdon

Getting Frantic? A New 3 Act Play for Current Economic Times

with due respect to the mc cain supporters, mc cain is a career politician and so is obama.

example: mc cain, senator from arizona, opposes farm subsidies and obama, senator from illinois, supports them. does the fact that arizona grows cactus and illinois grows corn and soybeans have anything to do with their positions? if they traded states is there any doubt that both men would change their positions? principle is the last refuge of a career politician...not the first.

for my part, i cannot support a man who supports the iraq war, which i believe was one of the costliest foreign policy blunders of modern times. my vote will reflect that sole issue.

the blundering of the iraq war has some parallels with the economic situation we find ourselves in today, i.e. the belief that we can do things on the cheap, whether starting a war with an undermanned and mismanaged military (thank you donald rumsfeld) or building monetry policy around excess financial leverage feeding low-priced credit and lots of it to both wall street and mainstreet (thank you alan greenspan and ben bernake). today we're treating the patient with the same poison that nearly killed him.

as for business matters, both mc cain and obama are dumb as stumps and i wouldn't look to either for leadership in this arena. but i'm not sure it matters. for a man with a harvard MBA bush has exhibited zero knowledge of or interest in economic affairs beyond his tax cut mantra. as for obama's socialist tendencies, the role of the president in this area is vastly overstated. it is the congress...socialistic regardless of the party in charge...and the federal reserve that make public policy. and the fed is as socialistic as they come from based on their actions over the last 9 months. and i bet every one of the fed governors is republican.