We've got about 4 months to go until the November election, and I'm happy to say that things are looking good for the progressive/liberal/Democratic faction of this nation. I don't want to put too much hope into any politician (they are natural born liars), but maybe just maybe we can start to undo some of the damage that as been caused by the Regan Republicans over the last 25-30 years (and they were actually Nixonian Republicans initially- hence they are all REALLLY OLD). Oh, and I was listening to an On Point NPR radio program about how what we are seeing happen in the economy right now is actually a 30 year long 'Superbubble' (his term) in the process of bursting. This bubble is a financial bubble, which has been patched up over the years do to the attempted corrections in the savings and loan scandal of the late 80s and the recession in the early 90s. The bubble wasn't allowed to be properly fixed due to the last 30 years of a completely unregulated marketplace (I include the Clintons in this, they had it easy w/ the dot.com boom). What cracks me up is the fact that economist have shown mathematically that unregulated capitalistic markets (aka Laissez-faire market system) simply do not work, and break down due to corruption. I was happy to learn this as I've always thought of pure capitalism as a snake eating its own tail- competition = healthy market; but - competition = destroy competitors = no more competition = unhealthy market - see the loop?
Wow I got on a tangent there- ah well- I just wanted to show peoples that the future markets (a place where you can buy stock in certain predictions like the presidential election) shows Obama w/ a 66/33 lead over McCain. These future markets have been shown to be more accurate than any polling, like the Gallop polls because people are more honest w/ what they do with their monies!
Yay, go Obama!