Editorial on the news of the Day and Review of the Gridlock around the world.

Wednesday, March 05, 2008

Celebration in the Clinton House Last Night

Last night the Clintons were almost definitely celebrating Hillary's win in Texas, Ohio and the big state of Rhode Island.  Hillary came back from the brink of disaster swinging her arms in circles to restore her balance like a toddler about to fall of a slide.  She may not have the momentum to win the final election, but she did live to fight another day.

Here are some of the new realities:

  • Barack Obama has serious issues exposed (leadership, foreign policy, managing top insiders, & Rezko)
  • Hillary has big problems as well (Income Taxes and $5 million personal loans spell trouble)
  • They both have issues closing the deal.

Both parties might even end up with a candidate that could have been coronated last winter, who then almost self destructed only to return into the fray.  You might almost wonder if all of this 'come back kid' stuff was scripted. 

Noticeably absent from the news cycles lately was Bill Clinton.  Maybe the Hillary campaign became a little pragmatic and hired in one of those election consultants that do not know anything about poll results but instead wear thigh high boots to work. 

All that said, Chairman Bernanke may end up trumping Democrats.  He's now starting to hint at a plan whereby banks would reduce the amount owed on mortgages.  If Treasury Secretary Paulson and George Bush sign on to this and the government successfully goes out and reduces mortgages across America by $10k - $100k a house, you are going to see a lot of Americans that might have a change of heart about the current POTUS.

Give people the ability to save their house and light up the real estate boom again.  Those are big words.  It might not spark speculation and investment properties in areas like Wilmington real estate in North Carolina, but if it saves Ohio and San Francisco watch out.

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