Showing posts with label mccain pennsylvania rally. Show all posts
Showing posts with label mccain pennsylvania rally. Show all posts

Friday, October 24, 2008

A Poll for Obama Supporters

Don't get too happy.
Keep talking to your friends and neighbors. I heard an NPR report today that said young Chinese Americans have been successful in convincing their parents, who supported Hillary, to support Obama.
Young Jewish people, however, are having a tougher time. Unfortunately, the radical conservatives got to them early with the Muslim terrorist smears.
Then there are some older folks who believe that a President Obama will cause the black people to pay back the white people. 
What's more likely is the wingnuts, Joe Six Packs emboldened, will go bonkers on Muslims and black people. 
But I believe a President Obama will be an instant salve on America and the wingnuts will tone down their rhetoric and turn toward new criticisms of Obama. 
This AP poll gives Obama a 1 point lead. 
I'm thinking other polls are either giving Obama too much of a lead or not enough. We're either going to be very surprised that Obama didn't win or gloriously happy. 
I don't think pollsters considered the youth vote to the full extent. I also think the number of republicans voting for Obama hasn't been counted. 
But then again, we don't know how any one will vote until Nov 5. 
Here's how Obama could still lose.

Remember, we don't know how many of these kinds of people there are:

Wednesday, October 22, 2008

McCain's Last Ditch Effort in Pennsylvania

McCain's going after that "hardworking white voter" in Pennsylvania. He thinks there are enough people with racial prejudices to win Pennsylvania. After all, Hillary beat Obama there.
Pennsylvania Governor Ed Rendell also thinks there may be enough prejudice to beat Obama and has asked Obama to return to the state, even though Obama has a double digit lead.
The fact is, if the polls are right, McCain has to win Pennsylvania, because he's lost Colorado, New Mexico and possibly Nevada. He needed all of those electoral votes but he's going for the easier strategy of focusing on one state with 21 electoral votes, which has more than those three states combined.
NYT: Mr. McCain’s strategists insisted that the state and its 21 electoral votes were within reach and crucial to what they acknowledge is an increasingly narrow path to victory. They say that their own polls show Mr. McCain only seven or eight percentage points behind Mr. Obama. (The state polls that show Mr. Obama with a double-digit lead, all conducted in recent weeks, include surveys by Marist, Quinnipiac, Rasmussen, SurveyUSA and The Allentown Morning Call.)

Mr. McCain’s strategists argue that their candidate has a dual appeal: to the pro-gun working-class voters in the western coal country, many of whom supported Senator Hillary Rodham Clinton of New York in the Democratic primary, and to independents and moderates in the swing counties around Philadelphia.

“When we look at our numbers, we think we’re competitive here,” Mark Salter, Mr. McCain’s closest adviser, told reporters in Harrisburg on Tuesday. He added, “We would like to get as many Clinton supporters as we can.”

Another reason for Mr. McCain’s focus on Pennsylvania may be the shrinking electoral map, as Mr. Obama’s dominance leaves Mr. McCain with fewer and fewer competitive states to campaign in, and the need to avoid another embarrassing concession like Michigan, which the campaign abandoned early this month.

Wednesday, October 08, 2008

McCain Lies About Obama Stance On Subprime

At a Pennsylvania rally, Palin held back on the mud and kept her mouth shut on Ayers. She just spewed a lot of other lies. McCain also stayed fairly clean, deciding to talk about other stuff. They must've decided their supporters were getting out of hand.

McCain said that Obama said subprime mortgages were a good idea. Here is a story of Obama's position on subprime lending in Chicago in 2000, that I post once again:
Senator seeks new rules
by Kyriaki Venetis
September 22, 2000
Origination News

Chicago -- State Senator Barack Obama, D-Chicago, recently sent a formal letter urging Governor George Ryan to reject predatory lending proposals jointly drawn up by the state's Office of Banks and Real Estate, and the Department of Financial Institutions.

This came shortly before an Aug. 10 meeting in which the senator and several other members of the state's legislature met with the governor to discuss the issues face-to-face.

In the letter, Senator Obama advised the governor "to ask the OBRE and DFI to go back to the drawing board and design rules that would define high cost loans appropriately."
He stated that "high cost loans should be defined as those with points and fees of four percent of the total loan amount or more, or with an interest rate exceeding a comparable-term Treasury rate, plus five percentage points. Also points and fees should include all fees paid to brokers by either the borrower or lender, as well as any payment penalties on the existing loan."Beyond that, he argues the regulations should include the following prohibitions:

* No financing of points and fees into the loan.

* No lending without verified and documented sources of income, such as tax returns or credit reports.

* No lending in which the total household debt payments, not merely mortgage costs, exceed 45% of the applicant's verified and documented income.

* No prepayment penalties.

* No balloon payments, except on open-ended junior mortgages.

* No lump sum financed credit life or disability insurance.

* No mandatory arbitration clause.

* No refinancing within two years of an existing loan, unless the annual percentage rate of the new loan is at least two percentage points below the APR of that loan.

* For any refinancing within (the first) two years of an existing loan, lenders may charge point and fees only on the increase on the amount of the new advance.

The senator believes that these inclusions will help reduce the number of foreclosures that have occurred in the state. The senator stated that "foreclosures started by subprime lenders in the Chicagoland area increased from 131 in 1993 to 4,958 in 1999, an increase of more than 3,600 percent."
The senator obtained his foreclosure information from the National Training and Information Center, a non-profit organization in Chicago that does research on housing and other community related issues, including lending and neighborhood safety. It also provides training for those interested in how to do community organizing.

The NTIC currently also works with several affiliate groups, including the Indianapolis-based Organization for a New Eastside which compiles information that it receives from borrowers about their particular lending issues, as well as provides them with education, counseling and advocacy. O.N.E provides no funding to borrowers, though it refers them to local lenders and credit unions after counseling.

O.N.E recently took on the plight of a local family that felt it had been victimized during the purchasing of its home. The organization went to the local branch of the lender for a protest rally, demanding that the loan be looked at again.