If you look back at the history of the last Real Estate crash in the 1990s, Bush (the father) loss the 1992 elections mostly because of the recession. Bill Clinton was then an unknown Southern governor.
This time the Republicans will loose because of a recession also. By the time a Democrat gets into the White house in 2009, it’ll be too late to do anything but clean up the mess.
Bill Clinton is the one who cleaned up the S&L mess and gave us welfare reform in 1996. The Republicans are like Realtors, they give us a lot of lip service positive spin but produce little (I don’t mean the Piggington Realtors). I think Republicans get votes because they are like motivational speakers who make people feel good for a short while. You invest in their schemes and you feel wealthy for a while until you go bankrupt.
