Tuesday, November 04, 2008

Presidential election update at 9:30

So far the votes are on-going, but at least Fox News currently calls the election 200 - 90. With the loss of Ohio to Obama, McCain virtually needs the entire mid-west and west coast to win the election.

While the electoral vote leans strongly to Obama, the popular vote is a near total tie. Currently it's 15.9 million to 15.8 million. So while the electoral vote is in favor of Democrats the people are evenly divided.

If Obama continues to hold out the lead he has currently, which seems likely, that means that we will have a Democratic President, who is the most extreme liberal in the Senate. He is also the 4th most partisan Senator. But once elected the facts will no longer matter.

I am not too happy right now, and I'm making plans for where I need to move my money as I expect a 500 point drop in the stock market by January and another 500 right after the inauguration.

But it's not over, and McCain still is in the running. Florida, California, Texas, and many other States have yet to be called - or even close voting.

More soon

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