And The Winner Of The First Presidential Debate Is...

Barack Obama.

But not by a whole lot, it seems. As you can see by the polls from one week ago, Barack Obama has gone up by a single point in CNN's Poll of Polls. He's gained a point in the RCP average as well, and McCain has lost almost a point. So Sen. Obama has a semi-comfortable six-point lead now.
What is more significant is where he seems to be making those leads. It appears that his biggest gains have been in the states where he's needed them: Ohio, Florida, Virginia, and even North Carolina. North Carolina was not even thought of as a possibility to turn blue, but the race is tied at the moment.

Still, there's a month left before the election. Let's see what happens.



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House Passes Bailout Bill, Markets Don't Care

Well, the House just passed a bailout bill. I noticed that the Dow was up about 300 points before the vote, but is up only 100 points right now.

Go figure. It's not that this bailout bill is going to be a fix-it-all, anyway.




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SEE?

The Dow just closed 491 points UP from yesterday.

See? The world isn't ending. Cheer up.


See my other site: http://www.popspoof.com

Bailout Fails, Dow Is Down 777 Points. Calm Down!

It's time for a reality check, folks.

OK. So the Wall Street bailout plan failed in the House, causing the Dow to tip 777 points, the largest one-day point drop in history. If you're watching CNN right now, you would think that the end of the world is nigh.

We're definitely in for some tougher-than-usual times, of course. We all know that already. Try to keep the following in mind, though.

1. This is a 7-percent drop, which is bad, but it's been far worse. When the Dow lost over 500 points in 1987, that was close to a 30-percent drop.
2. There is an election coming up. The media is blowing everything up right now to make the campaigns more interesting.
3. We don't even know if this bailout plan is going to help. There's a chance it could make a bad situation worse. Don't freak out if it doesn't pass the first time.

Ah, that's it. Now turn the news off and enjoy your day. The VP debate is Thursday, and should be highly entertaining.



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Feel free to leave a comment!

Poll: Are We Screwed?

Oy vey.

You already know about all the investment bank failures, and the $700 billion bailout that is going to be charged to the taxpayers.

You might know that this mess has caused the price of gas to jump from $95 per barrel to almost $121 per barrel in just a few days. More fear and speculation.

The dow moves at about 300-500 points per day. One day up, one day down, one day up, etc.

There's talk of a new Cold War as Russia ruffles the feathers of the world, Iran develops a nuke program, and North Korea reneges on its promise to dismantle its nuke program.

We're in some scary times now. Are we screwed?

And seriously, feel free to leave comments, too. ;)

McCain's Post-Convention Bounce Is Officially Over

Senator John McCain's lead in the polls has evaporated and negated to near pre-GOP convention levels.

Today, the RCP National Average shows Senator Barack Obama with 47.1% of the vote, a 1.9% lead over Senator John McCain's 45.2%. Meanwhile, CNN's Poll of Polls has had Sen. Barack Obama with a slight lead for several days. Now, that lead has been extended to 3 points (47-44 is the current spread).




As usual, the state/electorate polls do not give us a clear winner.

It does appear that McCain's brief lead in the polls was indeed just the usual post-convention bounce. As Wall Street tailspins into a very uncertain future, as war looms all over the world, and as the Troopergate investigation gets ugly, neither Presidential campaign is going to have an easy time winning (although it should give Sen. Obama the very slight edge that he already has).

The upcoming debates should be very, very interesting.

What This Blog Is About

Hey everyone! This is insaneinthesfv, and I have a new blog. Unlike my other site, Popspoof, I'm going to write about whatever I want to write about. Politics, humor, entertainment, news, you name it. Let's see how well I keep it up!