Economic Woes
MSM hammering home the issues
Yesterday’s big news was earth shattering.
-Sarah Palin spends too much on wardrobe – $150,000. My comment, how does that stack up against $150,000,000 election campaign contributions raised and will be spent per month by Obama.
-Joe Biden just cannot get anything right. He really is in a spot. When he tells the truth – Obama has no foreign affairs experience and might be taken advantage of by foreign governments after his election – he gets attacked by the media. When he spins out of control on an unfamiliar topic – like the duties of the VP during the Palin debate – he just spins some fantasy that sounds good – Cheney grabbing more power, everyone loves to hate Cheney. Poor Joe, go hide in Delaware with your friends.
The World economy is reacting very poorly to this subprime mortgage crisis and seems to be heading into a severe recession. Oil prices are crashing with the economy and now OPEC talks about cutting back on production. Talk about someone get to eat their cake and keep it too. When demand is strong OPEC believes in letting the price ride with full elasticity. When demand is poor, OPEC wants to artificially manipulate supply to prop up the price. Amazing.
Neither candidate has a good solution for our economic woes so MSM focuses on the campaign bickering. This really isn’t a criticism of either candidate. The economic issues are very complex and one might even blame our current ‘immediate gratification’ mindset for most of the problems.
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