Posted by: I_think_so September 21, 2008
Why people like Sarah Palin, I do not get it
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I believe Sarah Palin factor as Hockey Mom, Reformer, mom of down syndrome son, Military mom, mother of unmarried pregnant daughter, wife of Union member, charismatic speaker, ethics reformer, pro life, pro gun, social conservative, capital punishment supporter, antigay, oil exploration and drilling supporter etc won't be enough to sustain her popularity because the real issue in America is gonna be economy that touches lives of every Americans.

Recent crisis in Financial Institutions due to the housing market, mortgage market and credit market collapse is shaping this election more economic centric than ever. I don't think the issue of energy and defense come closer than the issue of US economy. Sarah Palin became rock star then, and I doubt she will hold such popularity in coming days because Americans are so much worried that we might even have been headed to the another the worst economic crisis after the depression where many Americans lost jobs, houses, savings, retirements and Not to methion many lives were in peril.

Look what we have witnessed in last few days that how the unimaginable and unpredictable events such as the Lehman Brother Bankruptcy, Merrill Lynch sell to BofA and bailed out of American International Group (AIG) forced US government to bail out most of the Financial Institution' by buying most illiquid distressed mortgage backed securities with nearly 700 Billions taxpayers money. I have seen people were very afraid of losing savings, retirement such IRA, 401K etc, securities holding etc because there were so much panic and fear among customers and investors because of financial institution meltdown.  

Recent Rasmussen report showed that before the collapse of investment banks, John Maccain was leading Barack Obama, but after the events Barack Obama again in lead because America believes that Barack has ability to fix the US economy.

But if this Gigantic 700 Billion bail out by US Government is enough to stabilize the Financial Market and ease the pain in credit market, housing market and mortgage market to lead the economic recovery, John Mccain of course will bounce back and could win because the Presidential race is dead heat if we consider the the margin of statistical error.
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