Fewer Loan Mods: Unanticipated Bailout Fallout?

Following the 2008 run for the White House, careful now, notice I did not use the term 'Presidential' or 'Campaign', as a keen, but occassional observer of the political electioneering process, I can't help but think back to the last two such processes, namely, the 1992 race for the presidency, between an incumbent George (H.W.) Bush and Bill Clinton. Incidentally, the encumberred and defunct slogan of 'NO MORE TAXES', later rephrased to 'NO NEW TAXES' by the incumbent George Bush, just to fool the voters and win the election still reverberates. Interestingly, I, not only followed the campaign speeches and promises of the candidates, but recorded them. One thing I still notice is that 'WHEN CANDIDATES OR EVEN A PARTY HAS NO BETTER THING TO OFFER, THEY RESORT TO FEAR MONGERING, AND MUDSLINGING CAMPAIGN TACTICS. This, unfrtunately, has been the Repulican Campaign Style. Their main slogan has always been 'The Democrats will raise your Taxes'. The truth is that for the republicans to keep harpping on taxes they would have seen the obvious and innevitable need for such tax hike but would not be honest and bold enough to confront the voters with the truth about the state of things (the economy). They keep painting a Rosey, but false picture. One thing the voters usually fail to understand or ask questions about is, after all these deceptive and fallacious claims and promises of no tax hikes, how can anyone justify the hikes we see in the toll bridges, subways, bus tokens, college tuitions, and the list goes on-----? or is it simply that these hikes do not go by the name of "Income Taxes", they are not considered burdensome to the hard working citizens of this country, who toil daily trying to take care of their families? Again, this brings me back to the 1992 presidential campaign which, as I mentioned before, I was able to record some of the campaign speech(es) by Bill Clinton. He, as President Bill Clinton, is the only one I still remember, in my nearly three decades living in the US, who kept and even went beyond 'ALL' his campaign promises, whether it was rebuilding the economy, or balacing the budget, creating a bouyant economic surplus, or helping the break-away Soviet Republics integrate into the global economy, and helping Russia to revamp its own economy by dismantling and converting their old war machines (the Tankers) into Agricultural/or Industrial Machinaries, also creating jobs, jobs, and jobs here, in America. Unfortunately, the republicans and, of course, the "Clinton haters" would not give him credit for the economy, they rather credited it to Reaganomics program, this was so foolish and absurd. The question people forgot to ask was why couldn't the same Raeganomics work for George H.W Bush, four years before President Clinton?

In 2000 elcetion we saw the Florida vote rigging by Republican operatives against Al Gore a Democrat. Now we see how, in the debates and campaings, John McCain keeps muddling up issues with no specifics.

Austin Azu. Nwankpa of NY 12:53AM October 17, 2008