Obama 08′

I fear we are facing a Clinton/McCain race in the fall, and it will be very tough for a Democrat to win that contest. Clinton is correct that it will be about National Security, and frankly her record doesn’t provide enough clear difference with McCain to inspire the kind of mass turnout we need to defeat the Republican machine. I think she would do much better than Obama though. Obama has the capacity to become the next Dukakis.

Instead table new payment plan for loans based upon a cap formula.

The more on time payments you make, the less your payment becomes, extended additionally, with incentive reward interest.

This can even be shaped to reflect cyclical concerns within markets that feature cyclical work and production surges for rural or factory regions, in accordance with other lending value from said institutions as well(school or car loans).

Since it’s a cap formula the bank wouldn’t have to count some its lower loans, an incentive to distribute across the spectrum and evaluate fairly, and the loan rewards would give incentives in both to meet more equitable payment arrangements.

Loans reaching critical stages could have their deferred counting costs applied to the upper cap structure in three year deferments restructures, provided they accompany adequate job creation numbers to insure extra market value or meet other evaluative norms.

It’s not that we lose money, we just extend it over a longer span of time, and can apply rich interactive terms to them that stimulate demand and incentive supply of them to people best able to work with the bank at both ends of the buyer/lender transaction.

Win-win situation, although the payment scale will shape out differently. Reducing some of the volatility can probably shape better results, without discouraging market activity to static levels.

Meanwhile, world markets are tanking. Bush went to the Mid East wanting loans for the tax cut as a way to rally GOP election chances and background his State of the Union. The Saudis told the warmonger where to go.

He hoped to put the blank check to the tax deal, one that still overlooks 28% of taxpayers, and do it on IOU’s from overseas. Now he’s asking Asian markets to match, many places already vested in production of jobs outsourced from us. The constraints on purchase here and the tense background of many emerging market sectors there aren’t meeting expectations, based on the currency juncture resulting from weakened dollars and diminished earnings.

This may be the one chance James Baker can kick back in and pulse the phone lines. It would be unique to see how someone like John Edwards could perhaps benefit from some of that based on prior proxy interests that parallel their foreign policy discussions at places like the Bilderburg Group meetings…

Dubya having to see daddy’s consigliere undo his mess, and do it be working with parallel interests from emerging democratic majorities.

Irony is thy name, translated as schadenfreude.