Another way a McCain Presidency would be another Bush term is on the economy. Things are grim and both McCain and Bush refuse to admit that it's bad. They're just going on the same old trickle-down pay for it later Republican failures that have tanked the dollar and put us in multi-trillion dollar debt with a large chunk of that obligation to China. Not smart from the self-admitted economic amateurs.
Bank Stocks are tanking and that's prompting a run on banks which includes violence. The police are coming to bank lines to keep people from harming each other which would trigger riots. Meanwhile the president thinks everything's a-ok! The chairman of the fed thinks we've got some serious problems. The dollar's at its lowest point ever with respect to the Euro, the housing market is in a freefall, foreclosures are putting people on the streets along with maladjusted war veterans, unemployment is up and now the Dow Jones Average is showing the effects finally of what the average person has been feeling. Someone needs to tell Grampy McSame and his advisers that these economic woes are real and for those of us who didn't commit adultery with heiresses, it's serious.
You know how to tell when things are really bad, it's when the administration tells us that everything's okay. Like in Katrina when the administration was assuring everyone that they had it handled - meanwhile people were drowning or living in squalid conditions without any chance to escape the horror and Brownie was doing a great job - remember that? Well the other day we were assured that the government wasn't going to have to bail out Fannie Mae and Freddie Mac and now they are going to do just that. Guess what they're doing now? They're assuring us that the banking system is perfectly safe and that your money is insured. That means I'm taking all I can out of the bank as soon as possible.
Obama might not be able to fix all these problems and they might overwhelm him, but at least he'll step up to a podium and give it to us straight. All we need as Americans is a dose of the truth. That's something we haven't had from the government my entire adult life.
- rick, off to work.