The True Cost of the Bail Out.

Now that the 2008 presidential race is officially underway it might be useful to take a serious look at a few developments. These include:
Alaska - leaning Obama, now McCain 35% - 54%.
California - Obama 14% lead, now 9%.
New Jersey - Obama 10% lead, now 6%.
North Carolina - Obama trailed by 3%, now trails 20%.
Ohio - leaning Obama, now McCain 44% - 51%.
Pennsylvania - Obama 5% lead, now 2%.
Virginia - Obama 2% lead, now trails by 2%.
Washington - Obama 7% lead, now 4%.

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The news from Iowa, Nevada, and New Mexico continues to be good for the Obama campaign but the rumblings from the Midwest, the West and Virginia are troubling to say the least.

Now is the time when democrats should be pounding on the economic issues which cause most U.S. citizens to stay awake at night worrying about their families.

Unfortunately, the lib-cons totally capitualted on the economic issues when they bailed out the Fannie Mae and Freddie Mac investors instead of their victims.

The cost of that betrayal is now starting to become evident.

Proposing "Pie in the sky" programs with benefits that MAY become evident ten years from now is not going to win this election. Did the Fannie Mae and Freddie Mac investors have to wait ten years to benefit from their legislation? No - and the American people won't wait either.