Chicago Daily Observer

“Grassroots” campainging reached a new landmark in the Indiana and North Carolina primaries this week. Combined spending by Sens. Obama and Clinton topped $9.5 Million, making the amount spent on the two mid sized state greater than the entire amount spent by the Kerry Campaign in the 2004 primary.

Combining the available spending by 527 Funding organizations (not Lobbyists mind you) with the candidates own treasure, gets the party of the working man up to $10.6 Million mostly in the last week or so in the two states.

Spending per vote by Sen. Obama came in at $4.92 dwarfing the $2.47 per vote that Sen. Clinton was able to shell out. Yet, Sen. Obama got something of a bargain compared to the nearly $10 per vote he spent in Pennsylvania, only to get trounced by a 10% margin by Sen. Clinton (coming in at $2.64 per vote).

It does not ... Read More...

Loretta Napoleoni, writing in the Chicago Tribune would have us believe that ”love, hate, power and greed” are causing bad investments in the housing market, which is a bit surprising to those of us who bought homes just wanting a roof over our heads.

She then goes on to connect “Prime Minister John Majors (sic), former president George Bush and the Arab super-rich, among whom are members of the bin Laden family” as founders of Carlyle Group, and Carlyle Capital.

In Loretta’s melodrama, Carlyle Capital has gone bankrupt, showing those bad old world leaders and Arabs a thing or two about what happens when you dare to make an investment.

Of course, Loretta forgets to mention that Carlyle Group is doing just fine, while the bankrupt entity, Carlyle Capital, was only 15% owned by the Group. The Carlyle Group is organized much like a McDonald’s with a “ringed ... Read More...