Oil is up only $25 on the news that conservative economic ideology has wrecked the economy.
In a brave effort to save face, President Bush and his twin, John McCain, are calling for regulation of the financial industry and a massive $700 Billion pulled it out of our ass bailout for the rich. This is all a total joke of course since John McCain has spent 28 years blaming regulation and the government for all of Americas problems and crisis.
With exactly 0% of Americans not approving of the direction of the economy, Republicans are scrambling for a way to blame the financial crisis on the Democrats.
However, after 28 years of screaming at the top of thier lungs that the 9 most terrifying words in the English language are "I'm from the government and I'm here to help", the Republicans shrill screaming is falling on deaf ears.
President Bush's approval has fallen to 19% and a majority of Democrats are pushing back with a HELL NO on Paulson's bail out the rich, fuck the rest of America plan.
According to the AP, Investors worried that the huge $700 billion bailout proposal will sharply ramp up U.S. borrowing, an inflationary move that sent the dollar nosediving versus all of the other currencies in the world.
Here in Michigan, which has the worst state economy in the entire nation, voters have caught on to the Republican's scam.
Democrat Barack Obama Leads Republican John McCain by 9 Percentage Points in the Wake of Nation’s Economic Crisis: In a survey conducted entirely after this week’s economic crisis hit, Senator Barack Obama leads Senator John McCain -- 50% to 41% -- among Michigan’s registered voters. Obama maintains his lead among the state’s likely voters including those who are undecided yet leaning toward a specific candidate. 52% of likely voters say they favor Obama compared with 43% who back McCain. Most likely Republican voters -- 93% -- support John McCain. A similar proportion of likely Democrats -- 92% -- support their party’s candidate. 57% of likely Independent voters back Barack Obama compared with 35% who support McCain.
As this man-made crisis continues to unfold, as Republicans continue to concentrate as much wealth as possible to fewer and fewer people remember that none of this has to be this way. Every vote matters, and come hell or high water, every vote will be counted on November 4th.