36 & 59

[WriterDom]

A big thanks to the 36 house democrats who voted for the Energy Bill.

Bush approval rating now at 59%. And climbing. Slightly more said they like Bush personally.

 

[Markov Cain]

Damn glad you didn't cut and paste that.
Now maybe DCL will leave us alone and go back the good ol' days when he just incessantly trolled Todd.

 

[WriterDom]

by the way, my market prediction is for 1/31/02. Dow 14,000. But yeah, shit happens and 7000 might be closer.

Didn't mean to start on politics this morning, but for those who get all their news at Lit probably think Bush has Carter's 21% approval numbers.

 

[Markov Cain]

It's the third bubble of a bear market. I think it is artificially high do to our fantastic American optimism! When gas prices go up, winter fuel prices creep up, them we will have a replay of last winter and the subsequent crash.


But thanks for keeping me on my toes!

Everytime since last winter that we have hit 10600, the bubble has burst...

A_J out!

 

[Markov Cain]

whoops kinda misread that.

I read things like Siren. Just what I want to see, then I pontificate on just what I want to talk about!

Hey, today they are going to look under a parking lot for Chandra's shrink-wrapped body.

Manu has a thread he wants us to check out too!

 

[Sparky Kronkite]

59? Isn't that also.......

Bush's IQ?

 

[Markov Cain]

WD - on the upside, all of the liberals are just waiting to rush in and nail for being wrong.

De facto then giving Bush Credit for the up turn since I have been saying since the election that it was Clinton policy that caused the economic downturn .

 

[shadowsource]

the economic fall

No, it was Greenspan jacking rates up too much in 2000 to make it up to Bush for sinking his father in '92. The states that voted for Bush generally felt their economies softening before the Gore states did - a stronger ecopnomy would have prevented anyone from denying Al Bore the victory. But Greenspan went too far, and now record cuts haven't turned it around (it was dangerously manic to start with), so it's possible that Greenpan's effort to help Bush last year will help sink the younger all over again. I think we have a lot further to fall. I'm in cash.
Interesting how ham-handed Greenspan looks now that Clinton & Rubin are gone, eh?

 

[lavender]

 

[WriterDom]

I think he did tighten too much and I might buy in to your theory if the election was this year. But I don't recall the economy being a hot topic in 2000. If Greenspan was truly an evil republican goblin, he could have used his powers to destroy Clinton. I'm no expert, but I've had a couple of physics classes and a couple of economic classes. I'd take my chances on going up in the space shuttle any day over relying on a federal reserve head steering of the economy.

 

[Markov Cain]

I agree with the analysis of Greenspan. I just disagree that he did it for political reasons.