Published Brownsville Herald October 26, 2008
It is just a few days and we will have a new President and some new members of Congress. Early voting has now started.
In my earlier columns I described indications of socialist trends they now seem to be supported.
The real attitudes and points of view are becoming well enough defined that even the casual observer can see it.
According to the media we are in the midst of a world financial crisis.
The crisis has been only moderately painful to a lot of “Seasoned Citizens” like us, who have seen our 401K investments drop off in value to the point that we can not count on it to support our way of life.
At the same time local taxes show every indication of moving higher based on the new appraisements of our property rising ever higher. I would hope however, because of declining prices on current housing sales there will be a decline the values and taxes will go down as well; but really doubt it will.
In reading Frank Yturia’s excellent analysis of the reasons the crunch came, in last week’s Opinions section of the Brownsville Herald, and his perspective as to the future,I feel I have more clarity as to the criteria to use with my political choices. More »
Published Brownsville Herald October 12, 2008
We are told that the Nation is in financial crisis with worse to come in spite of the government angel reaching down from the heights of the Capital and the White House, to make things better with a check. This doesn’t really help me as I watched my 401k lose 30% in value.
On Tuesday the presidential candidates participated in a Town hall type debate. The first question went to Senator Obama who rather simplistically blamed the problem totally on the poor policies of the Bush administration rather than identify a focus, such as the loss of confidence in the credit facilities of Fannie Mae and Freddy Mac.
Fannie Mae and Freddy Mac. were identified two questions later by Senator McCain.
One of the best questions came early on when a lady asked Senator Obama
“How can we trust you both to fix the problems?” This came when both candidates were members of Congress and the Nation as a whole, trusts Congress (17% ) even less than President Bush. Needless to say the question wasn’t answered but more criticism was leveled. More »

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