Foreclosures and the Election

So, was this a referendum for Obama, or, scapegoating the party in charge. Check this out..

Eight of the top 10 foreclosure states all swung for Obama giving him an additional 71 electoral votes.

Would them swinging for McCain made a difference? No. It does mean that it was the central issue. 90% of exit polls said the economy was the central issue. It also means that the McCain camp really dropped the ball not linking Obama to Freddie (FRE) and Fannie (FNM) the same relentless way Obama linked McCain to Bush.

It also means that two years from now should the housing situation not be any better, Democrats may face a backlash in Congress in those election as this shows the vote in these areas was not so much “for Obama” but “against Bush”.

The only thing less popular today than Bush is Congress. The new Congress has no honeymoon period as citizens over their head want someone to blame. It will be the guys in charge, not themselves.

From ForeclosurePulse
State-By-State

1. Arizona (10 electoral cotes) Voted for Bush in 2000 and 2004. In 2008 Arizona voted for McCain.

2. California (55 electoral cotes) Voted for Gore in 2000 and Kerry in 2004. In 2008 California voted for Obama.

3. Colorado (9 electoral cotes) Voted for Bush in 2000 and 2004. In 2008 Colorado voted for Obama.

4. Florida (27 electoral cotes) Voted for Bush in 2000 and 2004. In 2008 Florida voted for Obama.

5. Georgia (15 electoral cotes) Voted for Bush in 2000 and 2004. In 2008 Georgia voted for McCain.

6. Indiana (11 electoral cotes) Voted for Bush in 2000 and 2004. In 2008 Indiana voted for Obama.

7. Michigan (17 electoral cotes) Voted for Gore in 2000 and Kerry in 2004. In 2008 Michigan voted for Obama.

8. Nevada (5 electoral cotes) Voted for Bush in 2000 and 2004. In 2008 Nevada voted for Obama.

9. New Jersey (15 electoral cotes) Voted for Gore in 2000 and Kerry in 2004. In 2008 New Jersey voted for Obama.

10. Ohio (20 electoral cotes) Voted for Bush in 2000 and 2004. In 2008 Ohio voted for Obama.

It will be interesting….

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