Bailing out Detroit: Dammed if we do and damned if we don’t!

It appears that we have come to the edge of the precipice, as the “Big Three” face bankruptcy! Former GM CEO Charles Wilson has been quoted as saying “What’s good for General Motors is good for the country.” Actually, what Wilson said was ….”What’s good for the country is good for General Motors, and vice versa.” Although misquoted for the past 55 years, unfortunately there is nothing further from the truth in this disastrous Economy! It also can be said for the other “Big Two”!

An Obama Presidency: The end of Imperial Democracy and how it is anticipated by the rest of the World.

The votes have been cast and Sen. Barack Obama is now the President-Elect of the United States. How you anticipate his Presidency depends upon how you voted on November 4th. The matter discussed here is how an Obama Presidency appears in the eyes of the rest of the World. Over the past eight years, The United States displayed what could be called Imperial Democracy to an unbelieving world and has lost much of the admiration of a World that had at one time respected us.

The surging Economic Crisis: Round Two – The Credit Card Crunch!

I hate being the harbinger of doom, but there is another crisis about to hit the stage, just when you were becoming adjusted to the ups and downs of Wall Street. We’re about to be hit by the Credit Card Crunch, which has been quietly hiding behind the recent headlines. Not everyone was unaware of this, as it was about to take center stage when Wall Street crashed. It’s been riding on the back of Wall Street and is now going to become a major player.

The Presidential Election of 2008: Why you should vote for Sen. Barack Obama and Sen. Joe Biden.

With only three weeks left in the campaign, there are few, but a small number of independents who know who they are going to vote for. The pundits and the polls all favor Barack Obama, heading into the homestretch, but the race may be much closer than that. Both candidates, Sen. John McCain and Sen. Barack Obama are both honorable men.

The Economy: Is it “The End of Days?” Is The Rapture watching your money go to Heaven and leaving you behind?

The scenario…..a Boeing 747 flies at 30,000 feet when suddenly…..a puff of white smoke and everyone is left on the plane but their wallets are gone to Heaven! Are we seeing the End Of Days? Has The Rapture begun? That’s what seems to have happened not only on Wall Street but all over the world.

The defeat of H.R. 3997 The Emergency Economic Stabilization Act: What does Wall Street and Main Street have in common?

By a vote of 228 to 205, the House of Representatives demonstrated their lack of courage in the face of Public Opinion. As each member of the House received emails, letters and telephone calls in a ratio of 100 to 1 against this measure, the big losers in this game of chess is Main Street. Wall Street dropped nearly 778 points, while the NASDAQ fell nearly 200 points.

The Paulson Bailout Plan - TARP: Is it the Troubled Asset Relief Program or Tucking it up the Ass of a Reluctant Public?

Secretary of the Treasury Henry Paulson and FED Chairman Ben Bernanke advised both the Congress and the nation on September 17th that an immediate Wall Street bailout is needed to avoid Wall Street from falling into a Black Hole and taking the Economy down with it!

The Sarah Palin Vice Presidential nomination: Is John McCain a “maverick” or a “loose cannon”?

Nearly everyone has an opinion of Gov. Sarah Palin as the Republican Vice Presidential nominee, and their expressing it on the Internet, talk radio, television, newspapers and jokes. Very little has been said of Sen. John McCain’s wisdom as a Presidential candidate, who if elected, will be 72 years old when sworn in next January.

The Republican Convention unites the party: Will the real John McCain please stand up!

The Republican Convention appears to have been a success as the McCain-Palin ticket has united the Republican Party, and is prepared to go head to head with the Democratic ticket of Barack Obama and Joe Biden. Does trouble lie ahead for the Republican ticket?

Barack Obama gives the speech of his career in Denver: The red meat is on the bone! The Democrats are prepared for battle!

There can be no doubt after Thursday’s night's speech that Barack Obama is more than ready to take on the Republicans. The question of whether he’s tough enough was finally answered before more than 80 thousand people in Mile High Stadium!

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