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finalternatives.com - 11/5/2008

Obama Wins Presidency, Hedge Funds React

— finalternatives.com — Sen. Barack Obama (D-Ill.) won a decisive and historic victory, becoming the first African-American to win the... U.S. presidency. The Illinois senator, who just four years ago was a state senator in the Land of Lincoln, became the first Democratic ... (more) Obama Wins Presidency, Hedge Funds React

Government

Barack Obama

Republican

John McCain

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masteryourcard.com - 10/31/2008

Carnival of Personal Finance - Financial Armageddon Edition!

— masteryourcard.com — Pop quiz - You know things are bad when the current financial crisis: a) Has its own... Wikipedia entry b) Causes the Dow Jones to fall by nearly 50% in a single year c) Necessitates several ‘bailout’ packages that have now ballooned to well over $3 ... (more) Carnival of Personal Finance - Financial Armageddon Edition!

Government

Wikipedia

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econbrowser.com - 11/3/2008

Fiscal Implications of the Candidates' Plans

— econbrowser.com — I think now is the time to consider the fiscal implications of the candidates' budget -- and... particularly tax -- plans, especially considering the revenue declines and outlays that will confront the next President. Indeed, I would say imminent ... (more) Fiscal Implications of the Candidates' Plans

Government

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Live Blogging the Election
Division of Labour — ... in its election results. Looks like Obama has it won; Fox has called PA and OH for him. FL, IN, NC, and VA are not yet called so Obama might take several moderate to large states from McCain. Decent news on the gridlock front--GOP senators in GA and KY have held on and it looks like Trent Lott's seat in MS will stay GOP and there's some chance of taking a Dem seat from LA. Maybe the filibuster will still be an option. UPDATE (9:30)-- Bryan Caplan raises an issue I've been wondering about--would McCain have fared better if he had voted against the bailout? I think so. [image] ...

How McCain could have won
Bubble Meter — Bryan Caplan says McCain could have won if he had responded differently to the financial crisis: McCain should have opposed the bailout. There was a lot of popular resentment of it; it would have put a mile's distance between McCain and Bush's failures; it would have given McCain a great populist issue to ride; and it would have put Obama in the awkward position of defending Bush to the country.Combine that with former Pennsylvania governor Tom Ridge as McCain's running mate, and the future course of America might have been different ...

I have to agree
SCSUScholars — ... rooftops - and people would have listened. The main counter-argument: If McCain had opposed the bailout, it might not have passed - making it much harder to campaign against it. Indeed, Obama might have seen the trap and opposed the bailout, too, making it even harder for McCain to make the bailout his central issue. I wouldn't dismiss these possibilities. But even if they came to pass, an anti-bailout McCain would have had better chances than he does today.From Bryan Caplan's student Brian Blase. Indeed, some are pointing to McCain's decision to ...