Wednesday, October 7, 2009

November Elections

November Elections (10/07/2009)
The first real electoral test for the Obama administration will occur in November as governors seats in New Jersey and Virginia will be up for grabs.
The real test will be in New jersey where Goldman Sachs alum John Corzine faces stiff competition. The president has campaigned for Corzine and of course the Wall street elite money will be backing the governor.
NJ residents who suffer from the highest property taxes in the country may say that they have had enough of the politically connected Wall street types and vote Corzine put.
This would be a message to Obama that maybe he should stop being so cozy with Wall street and start helping main street.
This right will say that this is a total repudiation of the Obama mandate. This to me is more of a pull by the more central democrats and independents sating they are tired of business as usual and that people will be held accountable for doing a bad job even if it means putting a Republican in office.
That will be the dilemma for New Jersey voters. After what the republicans did to the country for eight years would they be willing to put any republican back in office with the fire still raging from the damage they did?
IF they do times may be rough for President Obama.

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