CNN: An excellent review of Debates by CNN, also has the polls for the debates and how it effect the race. I still think the Reagan come back in 1984 was the best, he made Mondale laugh and also the press when it come to the age issue, classic TV. Read of the Day.
Friday, September 26, 2008
The New Cold War
The Times: Reports that Russia is to build its own Son of SDI, the new Cold War has started, the difference this time is that Russia has the money, the old USSR didn't have the money. The Oil production of Russia allows it to compete with the USA. The first Presidential Debate in the United States is about Foreign Policy, McCain should show he is the heir to Ronald Reagan, he should use the attack on Georgia by Russia as a reason that the USA should increase defense spending, win the wars in Iraq and Afghanistan. Also important is placing of interceptor missiles in Poland as to protect the West from Iran and other rogue nations. Obama on the other hand has to show he is tough when it comes Foreign Policy, the voters will not elect him if he is seen as weak when it comes to the security of the United States.
756 Billion Bailout of Wall Street
Fox News: Reports a bailout deal could be reached by 12am USA time. Lets hope the House Republicans are not bullied to follow a bad plan, this plan could weaken the Western Economy in the long term.
756 Billion
The Hill: Reports that the Democrats want another fifty six billion as an economic stimulus package. The House Republicans are not going to be happy, it could be a good reason for Bush to throw the whole package out, the Democrats are pandering to their voters. Do they care about the Economy of the United States.
President George W. Bush making another appeal for his bail out of Wall Street, the President stated the following, " There are disagreements over aspects of the rescue plan, but there is no disagreement that something substantial must be done. The legislative process is sometimes not very pretty, but we are going to get a package passed. " As Leo once said in the West Wing, making law is like making a sausage, just in this case its in the public spotlight and the price tag is 700 Billion. The President is wrong with his policy, lets hope the the House Republicans can change the mind of the President.
McCain to Debate Obama
BBC News: Reports that Senator John McCain will debate Senator Obama, the debate will be at 2am UK time. After the suspension of the McCain Campaign so he could deal with the bail out of Wall Street and the idea that he supported the House Republicans over their objections to the bail out, it could be argued that McCain was showing real leadership. But he was quite according to Wire Reports when he and Obama and the rest of the leadership meet at the White House, and know he has decided to debate Obama. What was the point, does any one know what McCain thinks about the bail out, does his staff. Obama was cool, calm and distance from the mess that was developing in D.C, thus if football or soccer terms its Obama 1 - McCain 0. McCain had a chance to show leadership, support the House Republicans but so far nothing, very odd, Obama should come out ahead at the end of the day.
Politics and Money
The Times: Reports how the Republicans in the House of Representatives have placed a veto on the bailout of Wall Street. This is a right move by the Republicans in the House, the USA is not the Soviet Union or France, if a Company goes down the tubes the state should not be there to ease the blow. If you follow that theory every business could claim it should be protected by government money. Politicians need votes, the Republicans have taken the right morale and political move, they now need a new plan and fast.
Bailout in Doubt ?
ABC News: Reports that the bailout of Wall Street is in doubt. Simple answer, never allow worried politicians to talk to each other, each has a base it has to pander to, this plan should have been forced through in a day, Republicans and Democrats have very different bases and voters. McCain should come out against the plan, its already dead in the water, why should the tax payer bailout Wall Street.
No ATTACK on IRAN !
Guardian: Reports that President George W. Bush has placed a USA veto on any military strike by Israel on Iran. Lets be honest, Bush has to deal with Afghanistan and Iraq, the economic mess in the United States, the constant threat of terrorism, the problem of Iran will be on the desk of the next President. If Obama wins expect Israel to hit Iran, Israel will not trust a Obama Administration to support Israel.
No Deal on Wall Street Bail Out
BBC News: Reports that the done deal of a few hours ago is not a done deal. Lets hope Senator McCain comes out against the deal, Obama has taken the Washington D.C line on the deal, in other words to bail out Wall Street. This could be the moment that McCain wins the Presidential Election.
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