Tuesday, September 16, 2008

TKO - Economy sends lipstick gate packing


The economy trumps lipstickgate this week.

Thank goodness.

Despite my self imposed temporary exile from 24 hour cable political news viewing due to last week's Palin overdose and the global pig attack, I am still avidly listening to radio and of course reading. And it's great to see everyday people having hearty water cooler conversations about financial instruments and institutions and actually wrestling with some of the real causes of the overhauls in the market instead of being the ra ra squad for political propaganda football.

It's a thumbs up to the Democratic process that analysis of strategy for the moment has taken a back seat to the real issues that citizens of all walks of life are experiencing - issues that our presidential candidates should be addressing in the first place.

But Obama for the most part has been trying to divert the conversation back to the economy for some time now. But news outlets treated his speeches as a teaspoon of cod liver oil compared to the cotton candy antics of the Palin/'McCain camp (My inversion's intentional). He had to toss in some rogue small town metaphors about a pig to wedge his economic arguments back into the limelight. Too bad it took the sudden closing and sale of some of the nations oldest financial institutions for the economy to top the news line up.

That said, I think it's the problem solving aspect rather than the dooms day angle of the economy that concerned people should be engaging themselves in. To quote Melody Hobson of Ariel Capital who spoke on Al Sharpton's show earlier today, the worst is over and done with. Now it's time for the work.

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