Ripped from the headlines.... Are We In A Recession?
Obama says "little doubt we've moved into recession". What was his first clue? While I'm a registered Independent, I've come to like this person as a potential leader of the US. He is bit green on the foreign policy front, but maybe we need someone with fresh, untainted views. Oh yeah, the recession comment. Well it's like everyone is afraid to say the "R" word, but we're definitely in it. But if you're not old enough to remember the last time things were REALLY bad, then you need to wake up and smell the coffee. Comparatively, we are well off, but you decide for yourself.
On October 17th, 1973, OPEC cut us off. A gallon of gas was 39.9 cents a gallon, but we didn't have any to sell. It wasn't a matter of just paying more for it, you simply were not going anywhere . (The embargo ended on March 4th, 1974). In 1979, there was a revolution in Iran that caused a severe drop in the world's oil supply. Again, gas was hard to come by, long lines were the norm, and you could only buy gas on certain days depending on where you lived.
Also during this period, President Richard Nixon was impeached, a very little known Jimmy Carter became President in 1976. He subsequently gave away the Panama Canal. He allowed Iran to hold 52 American diplomats hostage for 444 days, only to be released on the inauguration day of President Reagan. The cold war with the Soviet Union was top story every day almost. It wasn't if we ever have a nuclear war, but when. Oh yeah, we nearly caused our own extinction after a partial meltdown at the Three-Mile Island nuclear power plant near Harrisburg, PA. To add insult to injury, interest rates were at 21%. That was a recession.
As for whether I'll vote for Obama in the November election, that depends on who the independents are on the ballot. While I know they won't get elected, at least I'll exercise my right to vote for who I want, and not who the press and majority leaders want me to vote for.
That being said, a choice between Obama and McCain is a no-brainer, Obama wins hands down. Anyone (McCain in this case) who says he'll stay in Iraq for 100 years if necessary will not ever step foot in the oval Office if my vote has anything to say about it. Since only about 30% of Americans believe we should be in Iraq, then that's definitely the wrong platform to be on. Besides I think McCain's just more of what we have now. No domestic economic cares and we'll continue to make enemies on our planet. Personal freedoms will continue to erode in the name of national security. We'll continue to live our lives in fear, looking for a terrorist over one shoulder and big brother over the other. The streets of Baghdad are still safer than the streets of Washington, DC. That just ain't right!
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