“While predatory lenders were driving low-income families into financial ruin, 10 of the country’s largest mortgage lenders were spending more than $185m (€136m, £92m) lobbying Washington to let them get away with it,” wrote Barack Obama.
Sounds like Obama is going to make mortgages a campaign issue. I still don't understand what his proposed solution is to the current mortgage crunch, but it is a hot topic for many families.
Smart timing on Barack's part... since the latest surveys show that home prices are falling like a rock and more and more families are struggling with housing. We'll see what Barack can come up with...
Wednesday, August 29, 2007
Thursday, August 9, 2007
Barack Obama and the Gay Vote
All of the Dems were chasing the gay and lesbian community's support this week. There is a growing base of voters who support gay rights and gay marriage in particular.
But there is also a price to pay in winning those votes, as evidenced by the fact that not a single Republican candidate is willing to discuss the issue in debate. According to polls in three swing states, Florida, Ohio and Pennsylvania, most voters said that they would vote AGAINST any candidate that got endorsed by a gay-rights group.
Yikes. Tricky issue.
the fact is that most of the democratic base is socially liberal and securing the support of gay and lesbian groups will help, not hurt, in primary elections. But the real goal is to win the whitehouse, not win the primaries, and that will be a more difficult political maze to navigate.
But there is also a price to pay in winning those votes, as evidenced by the fact that not a single Republican candidate is willing to discuss the issue in debate. According to polls in three swing states, Florida, Ohio and Pennsylvania, most voters said that they would vote AGAINST any candidate that got endorsed by a gay-rights group.
Yikes. Tricky issue.
the fact is that most of the democratic base is socially liberal and securing the support of gay and lesbian groups will help, not hurt, in primary elections. But the real goal is to win the whitehouse, not win the primaries, and that will be a more difficult political maze to navigate.
Bring Obama Barack is Back
Sorry for the hiatus, I haven't written about Barack Obama in over a month. Summer time and the livings easy...
But it hasn't been easy for dear old Barack. His honeymoon as the underdog in this race seems to be over. He's now listed as a "front runner" but he's still behind Hillary in most polls.
Barack kicked up some dust over Pakistan this week. He basically said that if he was POTUS and he had concrete evidence of al Queda being protected in Pak, he'd bust in there to get them anyway. Hillary scolded him for being politically insensitive. The rest of the Dems tried to stay out of it.
The real story for Barack this month is Unions. More specifically union support - which he desperately needs. So far most unions seem to be supporting Hillary Clinton or John Edwards, and Barack is finding himself in the middle, which is a terrible place to be for a primary election. He needs to win over some of the big unions to secure grassroots support, and he needs to do that fast.
But it hasn't been easy for dear old Barack. His honeymoon as the underdog in this race seems to be over. He's now listed as a "front runner" but he's still behind Hillary in most polls.
Barack kicked up some dust over Pakistan this week. He basically said that if he was POTUS and he had concrete evidence of al Queda being protected in Pak, he'd bust in there to get them anyway. Hillary scolded him for being politically insensitive. The rest of the Dems tried to stay out of it.
The real story for Barack this month is Unions. More specifically union support - which he desperately needs. So far most unions seem to be supporting Hillary Clinton or John Edwards, and Barack is finding himself in the middle, which is a terrible place to be for a primary election. He needs to win over some of the big unions to secure grassroots support, and he needs to do that fast.
Monday, July 16, 2007
Obama outpacing Hillary in fundraising
Senator Obama raised $32.8m in the second quarter of 2007. Fellow Democrat Hillary Clinton, who is ahead in most of the polls, raised only $27m. Might sound like a small difference, but that's almost $2 million PER MONTH more for Obama.
Thursday, June 21, 2007
President Bush hits the lowest approval rating of his presidency
Sucking wind.
Only 26 percent of Americans, just over one in four, approve of the job President Bush is doing.
Yikes.
vs.
Thursday, May 24, 2007
Cost per person for the Iraq war
OK, let me get this straight. The new war funding bill gives Bush $95 billion, with a B, yes that is 000,000,000
And it only pays for the war effort till the end of THIS September.
That's about 100 days from now. So if my math is correct, and if you don't count whatever other funding and moneys already existed before this new bill passed, then the war in Iraq is costing us $1,000,000,000 per day. About $41 million (yup, $41,000,000) every single hour of every day.
So there are only about 300 million US citizens out there, including little infants and retired elderly and all that. So each and every one of us, including those little infants, is paying $1,000 per year for this war we have going.
$3,000-$4,000 per family.
That is a lot of money.
I don't mean to say that the war is all about financials. There are lives being lost, political turmoil, violence, you name it. But the fact is that money also matters, because this is $95,000,000,000 that we could be spending on revolutionizing public transportation or massively upgrading the technology in our schools or any number of public works projects that would have long term benefits for the country.
Depressing. Billions. Many billions. A billion every day. $40 million every hour. $3000-$4000 per family, your family, every family.
Depressing.
And it only pays for the war effort till the end of THIS September.
That's about 100 days from now. So if my math is correct, and if you don't count whatever other funding and moneys already existed before this new bill passed, then the war in Iraq is costing us $1,000,000,000 per day. About $41 million (yup, $41,000,000) every single hour of every day.
So there are only about 300 million US citizens out there, including little infants and retired elderly and all that. So each and every one of us, including those little infants, is paying $1,000 per year for this war we have going.
$3,000-$4,000 per family.
That is a lot of money.
I don't mean to say that the war is all about financials. There are lives being lost, political turmoil, violence, you name it. But the fact is that money also matters, because this is $95,000,000,000 that we could be spending on revolutionizing public transportation or massively upgrading the technology in our schools or any number of public works projects that would have long term benefits for the country.
Depressing. Billions. Many billions. A billion every day. $40 million every hour. $3000-$4000 per family, your family, every family.
Depressing.
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