poor mr. or mrs. next president

It was my intention to not discuss the caucus results of Iowa and or Barack Obama at all so early in the election. I was hoping after reading a substantial corpus of blogs from around the globe I would see a majority of the implications discussed. Especially after such a "stunning" victory (others words not mine; stunning to me is 50% of the votes).

For the record, your boy here likes to stack a little change. Easy change which means using your brain. Maybe some consulting or statistical data analysis mostly, but also in them markets, precious metals and Forex exchanges. I mean I bought my first stocks when the DOW was at 3500 (which fell today 266.84 to 12,998.28). So one could suffice to say I have accrued and nice sum of chump change.

However, I feel that whoever the next President is, there will be something to deal with that won't be easily dealt with either with the rhetoric of experience or new leadership. This week, an ominous and unfortunate event occurred, the price of oil went over the mythical $100.00 a barrel mark. Although it returned below that level, it did happen.

True, the price is a function of increasing demand, especially from countries in Asia like china and India, but it is also a major consequence of the falling dollar. It is also a function of disruptions abroad due to civil unrest and war. Not to mention, that in America, there is no productivity in manufacturing, we make nothing anymore, no job creation and as noted in 2007, a 40% increase in consumers filing of bankruptcies. The latter itself is the function of another indicator - the increase in foreclosures and the decline of the housing market.

Now I'm no economist, but I think I was taught well by my 10th grade Econ teacher at Hamilton High School in Memphis, Dr, Moyer, but I can say that when Bush came in, we had a surplus and now, by the next 120 day, who knows, maybe inflation. And the Federal Reserve may not be able to do nothing about it. I mean as long as I have been investing, in particular in forex and precious metals, the dollar normally increased proportionally to the price of Gold. Now the dollar goes down as gold (and oil) increases. This scares the fuck out of me and the 300K plus I have saved over the years.

So yep, Obama won Iowa. I do wish him the best albeit I am supporting neither democratic or the republican nominee. Nonetheless, still more states and regardless of whoever wins, I feel sorry for poor Mr. or Mrs. President, whoever they maybe.

[PS: ANY YAWL SEE HOW ROMNEY STOLE THE MESSGE OF CHANGE FROM YO FOLK OBAMA-LOL. THEY STOLE ROCK NOW THIS.]

new hampshire and Iowa?

Riddle me this Batman and woman? Why is it that of all the cities, states, municapalities and principalities that it has been selected that Iowa and New Hampshire be the profile for all of these United Sates of America? I cannot figure it out. Neither of these places on the outside is reflective in posture and human make up of the rest of the country. Taking Iowa for starters, African Americans make up 2.1 percent of the total population compared to 12 percent nationally and they have a home ownership rate of about 72 percent compared to 66 percent nationally. Add to this that 92 percent of Iowa’s land is devoted to farming which is the highest percentage for any state in the country.

In New Hampshire we can note a similar picture. African Americans comprise less than 1 percent of the population with just 6.5 percent of the total population being below the poverty line. In comparison, Georgia and South Carolina the African American population is 28.7 and 29.5 percent respectively according to 2004 census numbers with both states having 13 percent and 14.1 percent below the poverty line respectively.

In a different way if we take Los Angeles for example, they have more people in the city than almost Iowa and New Hampshire combined. Major cities have a different barometer. In a place like Memphis you have a city that is 62 percent African American Des Moines; Iowa has about 8 percent with Concord, New Hampshire with just 1 percent. These small differences in demographic profiles for me suggest that politicians will always be off point if these two locations are the central means by which to find out what is important to common or most Americans. Unlike the farm retail, most African Americans business owners are in urban areas that focus on retail. In 2002 African American-owned firms accounted for 5.2 percent of all nonfarm businesses in the U.S. In addition, retail trade, and health care and social assistance accounted for 28.6 percent of all African American-owned business revenue.

It just doesn’t make any logical sense to me, given the manner in which problems and issues come to the fore based on environmental circumstance that varies across the country. I feel that politicians will always, miss the picture and never desire to want to get it. All they are concerned with are lobbyist and re-election. So if you are anticipating that any of these Presidential hopefuls, from Hillary to McCain really care (and Newt also) then think again, cause listen to folks in Iowa and New Hampshire, may have them think Slavery is popular according to main stream America once again.