Spotted on a Democratic message board “Why we call him Joe Biden (D-MBNA).”

If Joe Biden is elected VP tomorrow, maybe things won’t be so bad after all for certain segments of the business community.

After all, all of those rich people donating money to Barack Obama and Joe Biden aren’t doing so because they think they’re going to have their wealth confiscated and spread among the masses.  After all, skilled politicians don’t bite the hands that feed their wealth and power.

It does mean that the Democratic voters who think they’re no longer going to have to pay credit card bills and mortgages if Barack Obama wins tomorrow are mistaken in their beliefs.

(Disclaimer — I have a financial interest in seeing MBNA and other credit card companies do well).

Technorati Tags: Barack Obama, Election 2008, Joe Biden

Did anyone else notice that Barack Obama’s tax plan has changed.  The bar has moved from from $250,000 to $200,000?  It was right in Barack Obama’s half-hour commercial last night.

Will it end up being lowered even more to take into account the need to pay for proposed programs?

While $200,000 is still an income most American households have yet to reach, it isn’t inconceivable that a family with a husband and wife working in construction or other highly paid union trades could make that amount, especially with a good year and some overtime.

Technorati Tags: Barack Obama, economy, taxes

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