October 2006
6 posts
There's No Pelosi Rally
Can the stock market be rallying in anticipation of the Dems taking over Congress? I’d like to think so, but it ain’t true. The market is rising mainly because oil prices are dropping and the Fed has eased up. Anyone who thinks the market reacts to who’s in charge of Congress or even the White House doesn’t know economics and is blissfully ignorant of politics. The truth is, there’s not much...
What the Dems Must Do When They Regain Control
Assuming they win, should House Dems (and maybe Senate Dems as well, if they take control there) focus on exposing the malfeasance of the Bush Administration – who knew what and when with regard to WMD, torture, Katrina, payoffs to Abramoff, and all the other rot – OR focus on how to turn the country around? Anyone who say Dems can do both is living on another planet. A fundamental strategic...
The People Are Rising
A Republican operative told me the other day that if Republicans could only get Americans to focus on the economy instead of Iraq, the GOP could hold on to the House. He’s got it completely wrong. A big reason Republican poll numbers are sinking around the country is Americans are focusing on the economy. The great sucking sound you hear every time Bush or any other Republican says the...
Of Dems, Hedge Funds, and Cheney's Plans for...
If you want things to worry about, I suggest these three. All are probable. All are awful. 1. If the Dems take both houses of Congress, Dems share responsibility for everything that’s going wrong because Bush and the Republicans pushed the nation so far off course. This increases the odds of a Republican president in 2008, especially if McCain is running. And McCain is as conservative as...
How to Deal With A Madman with Nuclear Weapons
The problem is North Korea is run by a madman who doesn’t seem to mind if his own people starve. The nation’s survival depends on two to three billion dollars of goods and money flowing in each year in order to feed and clothe the military and prevent a wholesale meltdown of the economy. But it’s already near meltdown. The administration’s idea would be to tighten the economic vise until – until...
Democrats Should Talk About Inequality
There’s a debate brewing in the Democratic Party about whether to talk about the nation’s widening inequality. Some Democratic strategists say that’s too risky. Most of America’s vast middle class wants and expects to be rich some day themselves. Talk about widening inequality and you risk sounding too negative. That conventional wisdom is wrong. In September’s Wall Street Journal- NBC News poll,...
