Obama winning in my book

February 6, 2008

I think last night Hillary played her cards (NY, CA, MA) and even though he is trailing now Obama will get the nomination.  Of course there is a lot of things that can happen between now and the convention but…

3 key states that were expected to go to Hillary did but Obama did well in a lot of smaller markets and I think he will do well in the remaining states.  We’ll see…

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Bush Seeks Surplus via Medicare Cuts – New York Times

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Edwards to Conceed

January 30, 2008

I am truly lamenting Edwards’ drop from the race since now I will have to go with the lesser of two evils.  I was still debating between Obama (less of two evils) and Edwards (the man with little chance but who I would like to see as president).

I hope to see an Obama/Edwards ticket in the summer!

Edwards quitting presidential race – CNN.com

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Compassionate conservatism – Paul Krugman – Op-Ed Columnist – New York Times Blog

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Return of the tax families – Paul Krugman – Op-Ed Columnist – New York Times Blog

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We surprisingly need a economic stimulus when the tax cuts are set to expire.  I imagine that they were carefully set to expire when we could well expect the next recession to come along.

They can pretty well calculate when we will have recession (every 8-10 years).  Why didn’t they set it to expire after just 2 or 3 years.  No they set it to expire when a new recession would be coming and Bush conveniently is leaving office.

Will the stimulate the economy by giving more money to the poor no they will say that tax cuts favoring the wealthy are needed.

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Obama stump speech strategy of conciliation considered harmful | Corrente

More on why I don’t like Obama.

This also makes the statement that for the last 30 years politics has driven economics as where it historically has been the other way around.  Why is that?  My assertion is because of the relative good economic conditions we have had for the past 60 years.

E

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Obama Healthcare Trouble

December 24, 2007

Obama has a big problem in his healthcare agenda.  No mandates.  This is a good statement why Mandates are essential to a sustainable program and one reason why I will not be supporting Obama when I vote in the Primary.

In short, mandates are needed because otherwise “healthy” people would opt-out until they are ill and then suddenly have a change of heart.  This would be fine if when they opted out they signed aways saying that no government program will every pay for any treatment for conditions that arise while I am not part of this program.  The problem is that bleeding hearts will choose to allow these game players into the system anyway.  Who is going to let a person with cancer just die.  It is better to require a mandate up front and not have all these bleeding heart stories come out.

http://krugman.blogs.nytimes.com/2007/12/24/obama-goes-harry-and-louise/

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Encourage Property Reuse

December 24, 2007

The article of my last post also says that we need to stop building new houses.

My idea is that new construction should be taxed.  Not reconstruction or reuse of existing property but of new construction should be taxed to encourage the reuse of land and vacant buildings and to raise the value of existing structures as the article says is needed.  It would also ease environmental burden and slow down suburban sprawl where everyone wants a new house at the edge of town.  All of the pavement is not a good thing.  We need to encourage higher population densities in order to have sustainability

Higher population density will 1) encourage mass transportation and discourage solo driving 2) have a sociological effect and discourage reproduction 3) have a general increase in the recognition of the problem of over population.  Because of the sprawl too much of America ignores the environmental impact of overpopulation and selfish living.  This needs to be stopped.  The market has taken care of this on the coast and other high density regions (think roughly of the Red/Blue state maps or better yet Red/Blue County maps).

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An article about how the government should do more than it is planning on to stop a recession that many think will be as bad as the early 80’s (I fear a 30’s style myself).

They want people to have their ARMs extended for a period of time.  How they do this is of greatest concern to me.  Do they bail out the banks?  I think they should bail out the home owners.  It was the banking industry that caused this mess and they should only be spared with harsh words of a naughty 3 year old.  The worst in the bunch should be shutdown and the others forced to meet higher lending standards.  Yes higher standards would restrict money supply but it is a necessary evil obviously and should improve investor confidence.  I wouldn’t invest in Mortgage backed securities now if my life depended on it.

E

http://news.yahoo.com/s/ap/20071224/ap_on_an/mortgage_crisis

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