Red Stocks, Blue Stocks: Wall St favors Bush
Mon Aug 30, 2004 at 03:36:04 PM PDT
According to
this CNN Money story recent stock market trends are favoring a Bush victory. The increase in prices in defense, utility, tobacco, and pharmacuetical stocks since the Dems convention in July are being interpreted as a sign that Bush's chances of reelection have increased recently. These stocks have increased at twice the rate of the rest of the S&P 500.
Wall Street is widely seen as favoring a Bush victory, since Bush's policies -- particularly the tax cuts he pushed through in the first three years of his presidency -- are seen as favoring the interests of businesses and stock investors.
"As the odds of a Bush victory fell in the summer, so did the stock market. In the past two weeks ... controversy has dragged Senator Kerry down, and stock prices have gone up," Brian Wesbury, chief economist at Griffin, Kubik Stephens & Thompson, and a vocal supporter of Bush's policies, wrote in a note to clients.
He suggested that the stock market had improved because, "As of today, the odds of a tax hike are less than they were a few weeks ago."
I guess this proves the old saying "follow the money". It's a tragic thing that people (investors) will ignore the threats to our society represented by a Bush victory, but money talks.
Know your enemy - use Fund Race 2004
Sat Aug 28, 2004 at 06:32:24 AM PDT
Want to know who in your neighborhood is donating to Kerry or Bush? DNC or RNC?
There's a web site called Fund Race 2004 that gives you this information. Not only who, but how much. Just enter your address and zip code, or zip code only if you wish, and you'll see the names of lots of people you know and how much they have donated to who.
The site is not exhaustively accurate, since it fails to show my name or donations, but I still learned who the ardent financial donors are "in my neighborhood".
Kerry's war record investigated by PI
Tue Jul 13, 2004 at 05:59:50 AM PDT
How far will these guys go to try to keep their man in office? It seems that the "Swift Boat Veterans Against John Kerry" have hired a private investigator to look into the validity of John Kerry's first Purple Heart, won in the Viet Nam conflict.
Here's the story in the Dallas Morning News
Opponents of John Kerry have hired a Dallas-area private investigator to gather information aimed at discrediting his military service, say several veterans who served with the Massachusetts Democrat in Vietnam.
Several veterans who have been contacted in recent days accused the private investigator, Tom Rupprath of Rockwall, of twisting their words to produce misleading and inaccurate accounts that call into doubt the medals Mr. Kerry received for his service.
It beats me how these people have the gall to continue this charade to discredit a very courageous man. The only thing I can figure out is that they know that GWB's AWOL cannot be proved because of destruction of his ANG records.
Trial lawyers = bad guys?
Sun Jul 11, 2004 at 10:23:26 AM PDT
Last evening we had a Republican couple for dinner (not in the sense of Hannibal Lector, however, more's the pity). Despite trying to avoid the subject of politics, they made a few remarks about John Edwards, and called him an "ambulance chasing trial lawyer". Since I knew that the GOP candidate for Florida senator, Mel Martinez, is also a trial lawyer, I Googled him, and came up with
this.
It's like reading about John Edwards' career!
We're going to their house for dinner tonight, and I printed the piece and plan to deliver it to them. I thought you may have similar friends who like to stereotype our candidates with meaningless labels. Wingnuts are pretty good at bad-mouthing the competition. I'll find out how good they are at defending their position when confronted with facts they didn't know.
I think they're getting scared...
Wed Jun 30, 2004 at 06:24:52 PM PDT
Today I received an email, originated by Grassroots.org and passed on to me by a wingnut who doesn't know I'm no fan of King George.
You've got to read this
Would you say that the Bush/Cheney campaign is pulling out all the stops to discredit Kerry, Michael Moore, Moveon.org, and anyone else who won't take a blood oath to support Bushco? I would!
I haven't decided how to respond to my wingnut neighbor. Should I tell him he's a nutcase? Or should I just hit the delete button?
A Mother's Protest
Tue Jun 29, 2004 at 04:08:06 PM PDT
You have probably already seen the
story on CNN about the mother who invited the press to photograph the coffin of her son, who was killed in Iraq on June 22, 2004. This may be most powerful and significant protest of the Iraq war I've seen. My heart goes out to Sgt. Patrick McCaffery's mother, and my anger about the Iraq fiasco has increased because of her loss.
While she said the invitation to the media wasn't a political protest, she planned to continue speaking out against the war.
"This is enough," she told the Times. "We have to react."
There is no violation of government rules here, because the coffin was being transported from Dover AFB to the deceased's home in Sacramento. So the Bush administration couldn't do a damn thing about it.
What kind of spin can the far right media put on this?
Countdown to Handover on CNN today
Fri Jun 25, 2004 at 03:50:00 PM PDT
Did anyone besides me see this piece at about noon Central time today? It was, I think, part of a continuing series on Iraq, and this one was a corker. It pitted ex-Senator Max Cleland and James Zogby, President of the Arab-American Institute, against Rep. Mac Collins, a congressman (R) from Georgia. Collins also had on his side a former POW, one of our pilots who was shot down. A fine young man, but he was testifying as to what he observed more than a year ago, and nothing else.
Cleland and Zogby were magnificent. Cleland quoted General Zinni's book, which called the Iraq debacle a big mistake, and himself called Iraq a "catastrophe", and a "quagmire", "just like VietNam." He was, I would say, an angry man.
A priceless Non-Sequitur strip today
Sun Jun 13, 2004 at 05:43:26 AM PDT
And the Plame leaker was.....
Wed Jun 09, 2004 at 06:01:27 PM PDT
Karen Hughes. Why not? She talks and acts like she would do anything for George, and she stays pretty much out of the limelight, perhaps contributing to a feeling of safety. And she's a woman. No offense ladies, but outing another woman doesn't seem strange to me.
I don't have any evidence that my idea has merit. It's just an idea, and I don't know why it attracts me so, but it does. OK, now fire away at me. I've been insulted before.
Jose Padilla case laid out by Deputy AG
Tue Jun 01, 2004 at 10:32:05 AM PDT
On CNN right now (12:30 CST) a Deputy Attorney General is outlining the case against Jose Padilla, the "dirty bomber". He is explaining why Bush had him confined as an "enemy combatant", and the case sounds pretty good. The man trained in Afghanistan with Al Queda, was financed by them, and was given an assignment to destroy apartment buildings and/or to build and use a nuclear "dirty bomb".
My worry is that undecideds watching may consider this story grounds to vote for Bush as "tough against terror". In fact, I'm not so sure that the long, detailed appearance on CNN is not a political message, paid for by CNN advertisers.
Any opinions from those who have seen it?
So much for the tax cut.....
Mon May 17, 2004 at 04:35:43 PM PDT
Just a little over a year ago, the Resident appeared in Canton, Ohio, at the Timken Company and gave his big speech about how his economic policies were going to create jobs, yada, yada, yada. Well... see this link to find out what is now happening at the Timken Company.
http://counterspin.blogspot.com/
How can we arrange to hold the election before November? Anybody got any ideas?
Kerry and Clark?
Thu May 13, 2004 at 05:22:30 PM PDT
I saw two things on CNN news today that especially interested me. First, GWB's approval ratings have gone way down except in two areas, the "war in Iran" and the "war on Terrorism". In both cases, Bush was seen to be preferable to Kerry. Then I saw some shots of a Kerry campaign stop, with General Wesley Clark leading the cheering for John Kerry.
Could this mean Clark, a retired General Officer with real combat bona fides might be moving into position as the best running mate for Kerry?
What do you think?