I’m not going to propose to be an expert on the stock market. Or anything financial, really. My forte in life has never been finances, as I’m not some genius when it comes to my own checkbook.
I’m not someone who feels that rich/wealthy/affluent people are to cause for the woes of the poor. Just because someone’s successful doesn’t mean they’ve gotten there by stepping on the backs of others.
With that being said…
One thing keeps sticking out to me about our current economy. Speculation. Basically people investing in something that has a proven track record. When they invest, it becomes more valuable, so the price goes up. And people keep investing, because the price is going up, and everyone wants a piece of it.
See a pattern? And that’s why housing prices went up a few years ago. That’s why gas prices are through the roof. That’s why the price of wheat, grains, corns and other food necessities keep moving northward.
Because since people need something, they’ll shell out whatever money thy have to. Or get it however they can.
OH Wait! Gimme More!
Who would have thought that when the 2008 Presidential Elections rolled around, we’d have such a clear choice: the past or the future.
Really, there’s no other way to think about it.
On one hand, you have the youngest candidate to ever run for the office of President of the United States. Barack Obama. Plus he’s the first black candidate nominated by a major American party. Plus he’s a liberal. Plus he’s only been as a senator for a few short years. Plus he’s one of the most amazingly powerful orators this country has ever seen. He’s exciting. He’s fresh. And every single one of his policies is a complete and distinct break from the present administration. You have a candidate whose decision to forego PAC and lobbyist money has in one day already changed the way the Democratic National Committee operates.
On the other hand you’ve got good ol’ John McCain. A man I supported back in 2000 when the Republican primaries were happening, when we were all looking for the person to take control after Bill Clinton. If elected he would be the oldest first-term President in US history. His viewpoints continue to push the status quo on Iraq, on taxes, on the treatment of Americans in comparison to corporations. He’s sided with Bush’s policies 95% of the time during the last year and his speeches are rarely rousing and typically full of gaffes.
Obama draws 30,000+ people to his speeches. McCain is lucky to get 300.
OH Wait! Gimme More!
