Sunday, September 21, 2008

A long overdue UPDATE!

Wow, my apologies for going so long without an update. It has been a crazy week! I've been up to my eyeballs with things to do and places to be. And, you know, if a student said that to me, I would probably raise my eyebrow and give them a curt look as if to say, "So What!"

So here goes. I think this week clearly went to Obama. The entire finanical community is in sheer turmoil. Lehman, AIG, Merrill Lynch, WaMu...all having serious problems. And, in the words of Bill Maher, "If you thought that was bad, now President Bush is on the case." One thing that struck me was the total lack of the President during the first few days of this insanity. Where was he? I mean, seriously. The market is in freefall and he is silent. It was like Katrina all over again, but for the rich. Given that unregulated market greed basically caused this, I think Obama has the advantage. Plus, McCain shot himself in the foot by declaring "The fundamentals of our economy are strong." And then backpedaling. Then, he declared that we shouldn't bailout AIG. And when we did that, suddenly it was a good idea.

What I don't understand is why Obama isn't riding this to victory. Common political theory would say that he should make an ad out of McCain saying "fundamentals of the economy are strong" and play it a zillion times in battleground states. I don't see why he hasn't done that. Maybe he thinks he doesn't need to and is saving that for later. Who knows?

And isn't it ironic that Conservatives are so quick to praise this HUGE economic bailout of banks? I mean, are we living in a socialized economy now? And who would've thought Bush would champion such an idea?

Anyways, I'm going back to the real world to read some student blogs. Laters!

2 comments:

zspiegel said...

agreed, obama gets the week. mccain did this to himself by making those ridiculous statements on the economy and then turning around and supporting the socialist bailout plan. about bush's past absences, he knows his approval rating will not change even if he starts doing the right thing, so with less four months to go why start now? this is somewhat off topic, but what about bill maher's show. since the beginning of the show bush's blunders have been a pillar of real time with bill maher and i feel like the show will definately lose something in bush's absence. as for obama not kicking mccain while he's down, there is just no need for it. obama is ahead in the polls and is probably saving those negative ads for when he needs them more.

Anonymous said...

I completely agree with you there Mr. Dawson. Obama definatley won this debate. Obama started off very strong in the beginning of the debate when the candidates talked about the economy. Barrock Obama was very clear on what he was talking about and gave good detail about his plans. McCain was very vague and unclear of his plan for the economy. And the economy was basically the main topic of the debate because it lasted nearly an hour, about half the debate.