Wall Street and the Election

Dick Morris and Eileen McGann have an interesting article about the effect of Wall Street on elections, a previous election and the upcoming election. I think the main idea is correct. It is difficult to determine where voters will place the most blame. Will it be on the Republicans having been in power for a good portion of the problem period and known stereotypically for being rich and selfish? Will it be on the Democrats having the current political power and known stereotypically for being tax and spend minded? It will certainly be an interesting election. May the least worst candidate win.

Cockeyed Optomist

Maybe I am not very bright, and I would certainly admit that I do not understand the financial systems that make up our economy, but I am an optomist. It will take time, but I do believe the market will recover, and hopefully, we will learn something from all of this. This article by Lawrence Kudlow is just one of the reasons I am optomistic that things will change. Also, we all know life is full of "cycles." Things progress in cycles and that is what we have here. It will be a tough few months, and maybe even a tough year, but we will come out of this mess and hopefully be stronger for it. Of course, I still think we need to make sure we clean house and get rid of the corruption and selfish greed that plagues our politics and our businesses. But that is just opinion.

Source of Inspiration

Brett Joshpe has really hit on something in this article. Why would Sen. Obama think we all need him to provide hope and change? Have we deteriorated so far that we look to government and politics as our main source of hope and inspiration, or worse yet, one individual? Politics is certainly the new religion, and it cannot fulfill those needs or measure up to those expectations. These are indeed scary times.

Context of Anger

Rich Galen does a great job of giving context to the anger felt by many Americans, including myself. I am angry that my government is buying and/or bailing out all kinds of financial institutions. I am angry at the incomprehensible amount of greed and corruption present in politics and business. I am simply stunned. Is getting Congress and the government involved in this type of business a bad idea? Yes. But this problem runs so much deeper that it amazes me. Until something is done to address the corruption and greed, nothing, no bail-out bill or not bailing out businesses and mortgages, is going to fix the root problem.

I think too many people are looking at this from the wrong perspective. The financial system is not broken. The political system, or Constitution, is not broken. The problem is that we have way too many corrupt, selfish, short-sighted individuals managing and running programs in both systems. Until that changes, other changes will only be bandages on a wound that will not heal.

Rebellion, The Original Sin

This article by Sandy Rios started off fine, and the subject is of some interest to me, but the ending was fantastic. The ending really made me think about a lot of issues from a very different perspective.

The Obama-Ayers Connection

I think too many people are missing the point with the Sen. Obama - Ayers connection. It is more than just Sen. Obama's judgment about with whom he associates. It is about Sen. Obama helping Ayers achieve his objectives. Now obviously, Sen. Obama never helped Ayers when Ayers was with the Weather Underground planning domestic terrorism. However, Sen. Obama clearly helped Ayers promote socialist, liberal policies in the education of children in Illinois. See, articles by Stanley Kurtz here and here. The point is that Sen. Obama knew exactly what he was doing with the Chicago Annenberg Challenge.

Live Blogging Hugh Hewitt

It will be no surprise to people (or the person) who read this blog, but I am a big fan of Hugh Hewitt. It is worth it to hear the beginning of his show on Thursdays if for no other reason than to hear Mark Stein be interviewed. What a great interview about politics and the economy. One point Mr. Stein made that I thought was very interesting was that the current drop in the market could be based on a number of things: maybe this is the market's reaction to Congress attempting to bail out the market; or maybe this is the reaction to Sen. Obama leading in the polls and the predictions that he will win the Presidency.

Prof. Hewitt is also talking a lot about how the focus is turning to Congress and Democrats about the source of the current financial mess, and the negative effect this is having on Sen. Obama's campaign. It is always worth the time to listen to Hugh Hewitt. He is always very informative and relevant.