Monday, June 9, 2008

Pointing fingers already?

http://www.nytimes.com/2008/06/10/us/politics/10obama.html?_r=1&hp&oref=slogin

While just a week into his term as the democratic delegate, Obama is already pointing fingers to try to win the Presidency.

In this article, he completely disrespects the Bush administration, and says they are fully to blame for our current economic recession. He goes on to say that McCain will be nothing but a continuation of this recession.

If you look in history, we are in an extremely minor recession compared to what our ancestors experienced many times. It may not even be considered a recession. Everybody is just making things seem dreadful because the price of gas is much higher. In reality, he has no proof that it was the Bush Administration that caused this event to happen. The problem originated from the financial institutions becoming overleveraged, and overconfident. This was the catalyst, and now oil, which in my opinion we are lucky it is priced where it is currently. I think Bush has done a good job to maintain relations with Saudi and other foreign countries; even Iraq with Halliburton.

Obama is just trying to turn the American public against McCain by using our hard times at the gas pump to his advantage. These days everything gets blown out of proportion. In the RTC era, just two decades ago, over 1300 banks closed - we are way below the 100 limit currently. He needs to start talking about how he will be different, and how we can trust him to run our country.

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