If you can get past the idea of picking a president based on democrat or republican you will quickly realize you have to choose between the greater of two evils. You have one that wants to keep fighting in Iraq and another that wants to throw up his hands and quit Iraq. Pointing fingers and playing the blame game. We are in Iraq now so what are we going to do about it? We want answers.

 

One candidate wants to give money to everyone so everyone can buy health insurance. A nice rosy picture but do you really believe everyone will go out and buy insurance? That’s the mentality of a community organizer. Throw money at it and people will be happy.

 

The other claims he wants to root out all corruption in Washington. Are you serious? This candidate has been there so long does anyone really believe he is going to turn his face away from money and all his fellow good old boys in DC?

 

Both candidates are just telling the people what they think they want to hear. They both claim they want to cut taxes. With a huge economic crisis right now does anyone really believe they are going to give us any big tax relief?

 

Obama is not giving us much but finger pointing. Obama said, “a final verdict on eight years of failed economic policies promoted by George Bush, supported by Senator McCain.” Come on. This problem start with mortgage lenders and inflated home prices and greedy business practices that has been going on and off for a decade or more. Don’t think any president was in on that nonsense.

 

McCain is busy just trying to become popular. With a young VP candidate and all the talk of cleaning up politics, why didn’t he complain about the dirty politics any time while he was senator?

 

I think to be fair to all of us and maybe get something truthful out of this election the losing candidate should become VP. Maybe one could keep the other in line. Maybe we would not be in Iraq now….maybe people would have extra money from tax breaks…maybe corruption would subside in DC.

 

All these promises from these candidates, we have heard it all before. It is the same old thing. I won’t hold my breath on any great changes in Washington any time soon.

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What happened? What are we going to do?

 

Both candidates want tax cuts and yet increased spending in some other areas of government. All this with an included 700 BILLION+ bail out. I know it’s the old “politician trying to win votes” concept but lets be realistic. Cutting taxes and increased spending all on top of a huge messy bail out does not make much sense to me. Ok…I am not an economics major but I do know how to run a house.

 

Let us pretend this was my household budget. It would not make sense to me to find a lower paying job (lower taxes)….buy more stuff (increase spending on programs)….and buy a huge home (bailout). If this were the case I would be declaring bankruptcy within three months.

 

Wait one minute. Isn’t this how the whole mess began? People got more credit….bought more stuff…and bought homes they realistically could not afford. Sounds like a vicious cycle to me.

 

So, with either candidate it seems we are in for a dark road ahead. The only winners will be the big execs who made millions from these companies. Oh sure the FBI is stepping in to investigate but what are they expecting to find that was illegal? Just greedy business practices convincing people to buy homes at inflated prices.

 

When did this idiotic practice start? Was it with the Bush administration? Maybe it was Clinton’s. No, I am sure this has been going on for years. The signs were written on the wall. For years we heard of the housing bubble. Someone in the government should have taken notice when the average Joe was buying a million dollar home at interest only loans hoping to sell it in six months for 1.5 million.

 

This was a clear risk even the average Joe should have seen. After the interest only period was over …BAM…huge…and I mean HUGE mortgages. Average Joe knew he could not afford it. This meant foreclosure…..this meant bankruptcy for Fannie and Freddie among others. Maybe average Joe thought someone would bail HIM out when he made a bad decision.

 

These companies and the homebuyers gambled and lost. Now we all are going to pay. This is only the beginning of a bad economic turn for the worst and the world will suffer.

To dig out we need to treat this like a household….stop spending on a lot of social programs…we have no choice…at least for a few years. I know a lot of people will be angry but it is time for tough choices. Either let the country melt down or cut back on spending.

 

These two candidates will need to make tough choices and stop beating around the bush on a plan. With Palin and Obama having limited experience I don’t see a silver lining anywhere.