Palin

Several talking heads in discussing the choice of Vice-President for Romney said that he doesn’t want to make the mistake of picking an unknown like Palin as this they say cost McCain the election. I say humbug! Throughout the spring and summer of 2008 polls showed Obama with a 6 point lead over McCain. The Republican convention in early September showed a shift in the polls giving a 6 point lead to McCain. The pick of Mrs. Palin, a first-term Alaska governor, appears to have energized a Republican base wary of Mr. McCain, and according to the poll conducted by ABC News and the Washington Post, the Republican ticket has opened up a lead among white women, who had been supporting Mr. Obama. In early September Lehman Brothers, a large New York bank was in trouble and the government refused to bail them out and they filed for bankruptcy. That day and the following few days the Dow lost 1,200 points and panic set in. Within a week Obama was back on top by 6 points and stayed there. On September 13, 2008, Timothy F. Geithner, then president of the Federal Reserve Bank of New York called a meeting on the future of Lehman, which included the possibility of an emergency liquidation of its assets. The decision to let Lehman go under, after all, turned out to be a catastrophic error, and we're still suffering the consequences of it. Earlier in the year the government bailed out Bear Stearns but chose to let Lehman fail. In his written responses to questions from the Senate Finance Committee, the Treasury nominee Tim Geithner explained the decision to let Lehman Brothers fail as the result of … well, actually he didn’t really explain why the government let Lehman Brothers fail. There is reason to believe that Geithner was promised the position of Secretary of Treasury by Obama assuming that Obama was elected. Could be just another conspiracy theory or maybe?