September 25, 2008

McCain's Gambit, Obama's Invitation, and Bush's Plan that Makes No Sense

Odd Events Have Occurred

First, McCain suspended his campaign to head back to D.C. and "broker a deal to save the financial industry".

Obama decides to continue his campaign, claiming that "this is exactly the time when the American people need to hear from the person who in approximately 40 days will be responsible for dealing with this mess." (Same source as above.)

McCain's move is an obvious ploy to appear as if he's strong on economy, as all the analysts are saying that his slip in the polls was due to U.S. citizens feeling like Obama was better equipped to handle the economy. And while it's an obvious ploy, it's a good one.

Oh, but wait, the president invites Obama to the White House to help solve the crisis. Hm. Voluntarily suspending the campaign or being asked by the president.... It's a toss-up.

Of course, to cap off the evening, Bush summarizes the financial crisis and asks the nation to support his bill that makes no sense.

The summary as I understand it: Banks are having problems because people can no longer afford to buy all the condos that went up. Bush's solution: give money to banks! That way, banks can sit around with a bunch of empty condos and not worry about the bills, while the population continues to struggle to find adequate housing / jobs / and more.

If it makes sense to you, please explain it to me.

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