Election 2008 and the financial crisis
Blogger Note: I have been working on this blog for a couple days already namely due to fact that I was busy and was in Shannonville on Friday. But also, I didn’t want to write something that I would regret as it was a “heat in the moment” blog, so I decided to take a step back and calm my nerves by having fun on the track. More about the track in another post though, but on to my original post at hand.
So….I could talk about the Canadian elections that will be happening on the 14th this week, but why bother? It is not as interesting as what is happening just south of the border. That process has been ongoing for over a year whereas in Canada, we find out about an election and go to the polls one month later. However, something is different about this year. The Green Party has been invited to the debates to showcase their platform and try to at least attempt to gain a couple of seats in the house.
However, it is the U.S. elections that are proving to be more interesting as we are we are about 23 days away from knowing who will be the next President of the United States. The dynamics have changed in the past two days as Senator McCain from Arizona has toned down the rhetoric and started to focus on his trying to push his platform, which I believe is a little too late. As he is a member of the Republican party, he is having a difficult time distancing himself from President Bush. As of this AM, Senator Barrack Obama is in the lead by 6 points, which is a good margin, but as we know, anything can happen in the next couple of weeks that can change the entire outcome of the U.S. election. I just hope that people choose wisely because the state of the U.S. and pretty much the world depend on it. Please don’t make “race” be the deciding factor but more on whom you think will take the nation in the better direction.
This financial crisis is crazy. How can specific financial companies get into this kind of mess knowing when the signs of such a mess can present themselves months ahead of time? This is beyond belief…and the executives of a certain corporation (cough…AIG) should be removed from their positions for taking tax payers money and paying for a retreat that cost over $400,000. No matter what the circumstance, if your company is unstable financially, then shouldn’t executive retreats be the last thing on the corporate agenda. In fact, if they want such a retreat, it should come out of the executive’s personal pocket, not the company’s, and definitely not the bailout package sent to them from the government.
I just hope that this mess will clear itself soon. It may take some time to return to economic prosperity, but it seems the outcome of the presidency and the other go hand in hand.
I just hope it come sooner rather than later.
Paul