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Showing posts from August 17, 2008

I could not have said it better.

Below is an article written by CNN's Jack Cafferty, it is as if we wrote this together. NEW YORK (CNN) -- Russia invades Georgia and President Bush goes on vacation. Our president has spent one-third of his entire two terms in office either at Camp David, Maryland, or at Crawford, Texas, on vacation. His time away from the Oval Office included the month leading up to 9/11, when there were signs Osama bin Laden was planning to attack America, and the time Hurricane Katrina destroyed the city of New Orleans. Sen. John McCain takes weekends off and limits his campaign events to one a day. He made an exception for the religious forum on Saturday at Saddleback Church in Southern California. I think he made a big mistake. When he was invited last spring to attend a discussion of the role of faith in his life with Sens. Barack Obama and Hillary Clinton, at Messiah College in Pennsylvania, McCain didn't bother to show up. Now I know why. It occurs to me that John McCain is as intellect

Worse than I thought.

It appears that the problems for our economy are much worse than I first thought. Below is an article out today about growing concerns. By TIM PARADIS, AP Business Writer 4 minutes ago NEW YORK - Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. Weakness in the overall financial sector sent the Dow Jones industrial average down more than 175 points. Investors were again uneasy about the health of financial companies after media reports of further problems in the sector. Barron's said the U.S. Treasury might have to bail out government-chartered Fannie and Freddie, which, the weekly noted, would likely wipe out shareholders' equity in the companies...... I am going to present an idea to start to repair this problem, it will sound a little different than what out current leaders are telling everyone to do. But consider two things...1 our curre