Who decided the winner of the 2008 U.S. presidential election? The foreclosed homes.
In the presidential elections of the year 2000 and the year 2004, seven of this year’s ten largest foreclosure states voted for the Republican candidate while only three of them voted Democratic. This year, which has been marked by an avalanche of foreclosures, eight of the largest foreclosure states gave their votes to Obama, the Democratic candidate.
The difference in number of electoral votes won by Republican candidate George Bush and Democratic candidate Al Gore in the year 2000 and Democratic candidate John Kerry in 2004 and the difference between votes won by Obama and McCain in 2008 present a significant reality.
In 2000, the ten largest foreclosure states delivered 97 electoral votes to Bush and gave 87 votes to Gore and in 2004, gave 87 votes to Kerry. In 2008, the same ten largest foreclosure states delivered 159 electoral votes to Obama and only 25 votes to McCain.
The ten states with the largest number of foreclosures in 2007 were California, Florida, Ohio, Michigan, Georgia, New Jersey, Indiana, Arizona, Colorado and Nevada, arranged by number of electoral votes. In 2008, the only changes are the inclusion of New Jersey and the removal of Texas from the top ten.
Texas is a curious observation. Its ranking in foreclosures in 2008 has moved down to 24th, from a high position of ninth in 2007. Texas, which supported Bush in the years 2000 and in 2004, also supported McCain in 2008.
Following are some of the significant results of electoral voting, based on figures from realclearpolitics.com:
In 2000 and in 2004, Nevada gave its 5 votes to Bush. In 2008, it gave its votes to Obama.
In 2000 and in 2004, Florida gave its 27 votes to Bush. In 2008, it gave its votes to Obama.
In 2000 and in 2004, Indiana gave its 11 votes to Bush. In 2008, it gave its votes to Obama.
In 2000 and in 2004, Ohio gave its 20 votes to Bush. In 2008, it gave its votes to Obama.
In 2000 and in 2004, Colorado gave its 9 votes to Bush. In 2008, it gave its votes to Obama.
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