Courtesy: Joseph Sullivan
Fundraising Spike
Well I guess here are the first signs of the election race post-South Carolina…
A source inside the Obama campaign says the candidate’s web site has seen one of its best hours tonight, raising $525,000 in one hour. A senior aide inside the Obama campaign said the candidate’s site saw its “highest peak” tonight in both online donations and traffic, “bigger than after Iowa, bigger than after New Hampshire.”
The Obama campaign measures online donations every 15 minutes, and the source said that online money was pouring in at the rate of more than $500,000 per hour. – Washington Post
Gotta wait and see until Super Duper Tuesday to see if it actually makes a difference.
A Reason To Believe?
After Barack Obama recorded the largest victory in this very early primary season in South Carolina, now is there a reason to believe in this race again? With a resounding 55% of the votes from nearly half a million Democratic voters from which there were around 75% support from African American voters but only 35% of non-African American voters. Now with two belts on completely different ends of the spectrum… Iowa – rather large White population to South Carolina with its large Black population.
Now there is a Florida primary next Tuesday which carries no delegates and outside of Hilary Clinton, no major Democratic candidate had even campaigned there. So expect a Clinton win there setting up a super heavyweight match up come Super Tuesday of monumental proportions.
Now the wait is on for February 5th, which is in a week and a half…
Tax Rebate?
So apparently there is talk amongst Congress and the White House regarding President Bush’s economic stimulus plan on how to provide immediate relief to the country which could already be in a recession. The current proposed plan will provide a $600 check to any individual who paid tax last year, or a $1,200 check for couples. Those who who did not pay federal income taxes but did earn an income greater than $3,000 will get a $300 rebate per individual or $600 for a couple. It is reported that only those who earn up to $75,000 individually or $150,000 as a couple will be eligible for the rebate. If the plan does not face a lot of hurdles in the House or in the Senate, people could start receiving their check as early as June, which for “immediate relief” is still half a year away.
It is too early to say whether a flat rebate like this will work but certainly if people go out and buy things it will be a great quick fix. However, if people just use the money to pay down their debts on their credit cards, it will fail because all this money will be used towards something they had already spent and it will not be the shot in the arm that the government is looking for. So we will see how this works out, but still plenty of time to go before anything is decided on who gets what and when.
Happy spending those who get a check!
Bush to Pardon Himself…
How is doing this even legal… I just do not understand how many times they can pull stuff off like this and continue to get away with it. Does that not really give it away that they did things on purpose and are now covering up their mistakes? Give me a break.