Is Mark to Market Accounting a Good Idea?
November 4th, 2008 will undoubtedly go down in history as one of the most historic events the world has ever seen. The Republican Party tried everything in its power to overcome the overwhelming passion that the American people have for the simple message that President-Elect Obama stayed steadfast with throughout his entire campaign: we desperately need to change the way things are being run. This was a tide that could not be avoided. I honestly think that the Republican plight for the highest seat was a fait accompli. The more this country sank into the tarpits of economic meltdown, the easier it was for Obama to simply reiterate what he had been saying all along: we desperately need to change the way things are being run. The vote was decisive. There were no hanging chads or recounts this time around. Not only did Obama win the electoral vote, but he also seized the popular vote, and the victory was a landslide. Not only did the Democrats take the executive branch decisively, but ma