Thursday, September 25, 2008

The Politics of Collapse

When it comes to the federal housing agencies and the housing policies that they facilitated, Bush mainly followed the example Clinton set with a bit more vigor. However intensively the republicans spin this, it will be seen as another failure for Bush and the party he has done so much to discredit.
If Obama can't win under these circumstances (unpopular wars, stagnant economy, worst financial crisis since Great Depression, housing collapse, unpopular republican president, superannuated opponent matched with neophyte assistant opponent), McCain will still find himself confronted with a Congress heavily stacked against him on most policies.

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