America's Economic Crisis and the Election

Just a few thoughts from an American housewife:

The blame for the Fannie Mae-Freddie Mac fiasco can be laid squarely at the foot of those greedy lenders, investors, mortgage brokers, and real estate agents and others who decided to convince the American public that everyone was entitled to own a home even if they had a very low income, not saved one penny and had bad credit. Others were encouraged to use their home like an ATM machine, i.e.when the bubble inevitably burst, they owed far more on their house than it was worth. Sadly, Americans, by the millions (thinking there was actually a "free lunch") irresponsibly, jumped on that band wagon.

For starters, take a closer look at the very liberal Barney Frank,(D-MA), head of the banking committee in the Democratically controlled congress. He has been one of the key players in helping lead the country to this mess we're in.

Also take a look at the candidates who received the most support from Fannie Mae, Fannie Mac employees. Second on that list would be Barack Obama (to the tune of a half a million) compared to 150,000 for McCain.

Of course, there is enough blame to go around, with the actual fault having little to do with the Republicans and George Bush, but, as the saying goes "the buck stops here" since all of this happened on their watch.

My vote this election will go to the ticket which seems to have the best solution for the very critical issues we face as a nation, regarding national security and the economy. So far that is McCain Palin, hands down!

McCain actually introduced legislation in 2005 that would have tempered this disaster, but it was not approved. McCain and Palin both have demonstrated a far greater willingness to "reach across the aisle" to work on these problems in a bi-partisan manner and have a history of challenging members of the Republican party with whom they disagreed, hence both of their reputations as reformers and "mavericks". I truly believe they are the ones to "shake up Washington"!

At this point we really need to corral all of the best minds (both academics and pragmatists) among our leaders in every party, to come up with solutions to these very crucial issues. The very survival of the country depends on it!