Day: September 30, 2008

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Palin Can’t Be This Bad… Can She?

On the wake of news where she continues to defend foreign policy experience by saying she can see Russia from her state, we have this segment from the same interview where she can’t name a single newspaper or magazine that she regularly reads to stay informed about the news.

Sarah Palin really can’t be this big of a flop for the Republicans, can she?

Transcript:

COURIC: And when it comes to establishing your world view, I was curious, what newspapers and magazines did you regularly read, before you were tapped for this, to stay informed and to understand the world?

PALIN: I’ve read most of them again with a great appreciation for the press for the media, I mean…

COURIC: Like what ones specifically? I’m curious that you…

PALIN: Um, all of ’em, any of ’em that um have been in front of me over all these years, um…

COURIC: Can you name any of them?

PALIN: I have a vast variety of sources where we get our news too. Alaska isn’t a foreign country where it’s kind of suggested it seems like, wow how could you keep in touch with what the rest of Washington, DC may be thinking and doing, when you live up there in Alaska. Believe me, Alaska is like a microcosm of America.

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Bailout Thoughts

Well here is a brief look at how some of the markets did overnight after the massive collapse here yesterday.

It probably wouldn’t surprise me if the markets showed a positive gain here today because after the massive drop off yesterday, there are going to be plenty of bargain hunters who tend to day trade of even trade on a short term thinking they can make major gains after stocks across the board took a hit.

It’s going to be interesting to see how this failed bailout deal affects the voters because until this really starts to impact people’s wallet, I don’t think you’ll see enough people start to base their votes solelyon economic issues. Yea, you are starting to see a trend of voters asking for a change now because the incumbent party will take a hit for failed economic policies even if it is not the candidate’s fault but this race is still too close to call and until the prices of every day goods start going through the roof, until there are more layoffs that start to into effect where more and more peoplpe know someone without a job, it probably won’t affect the voters as much as people think it should.

I think for Congress it probably was a good idea not to pass a bill immediately because the last couple of times that bills of this magnitude were passed overnight, it did not yield great results (look at Patriot Act and the war against Iraq).

Also by not passing the bill, they receive mucho kudos from my buddy Krishna who found a reason to support the congressman from his district but in the same view, found a reason not to like Frank Pallone.