Party Political

I read a report a while ago speculating that if the economy were to take the center stage, a Democrat would likely win the Presidential election. On the other hand, if war and military concerns became more prevalent, the Republicans would likely win.

A few months ago McCain was doing great. Military concerns were of great importance. But now the economy is really hurting. Looks like Obama’s got a major chance.

Just this morning I was reading that the $700 billion bailout will apparently take a little while before it produces any helpful results. That delay by itself caused widespread doubt and other negative feelings that led to a drop in the stock market of around 500 to 600 points. The last time I looked at it, it was under 10,000. Around 9,800 or 9,700. Crazy.

I’ve also heard that there are fears America’s economic woes will lead to a cascade effect that affects many nations. So obviously Obama has his work cut out for him.

He certainly does seem a little bit like what I have heard of JFK, in that he is a highly inspirational leader. I hope he can live up to his image, and do everything he says he can.

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