Tuesday, October 24, 2006
Satisfaction in a fortnight
Is it just me, or is the blogosphere holding its collective breath over the election? The handful of blogs I read daily are talking about anything but the seachange that appears to be under way.
On the right, I reckon they're in denial. On the left, I guess they're afraid to jinx it by talking about it.
Pony pucks!
Bush: "I never said 'stay the course.'" Haahahahahahahaahaha. Liar.
"Speaker Pelosi." Hoo hoo hoo. Who'da thunk it? IT COULD HAPPEN.
Hey, none of this is a measure of how much more liked and respected the Democrats are. It's a measure of how fed up everyday people are with the illegal, immoral and unnecesaary war in Iraq, and at being manipulated so baldly by the inmates running the Beltway Asylum.
I overheard a maintenance man at work, watching Bush on TV in a break room. He muttered to himself: "I'm sure ready for another president."
Bingo. And I'll bet he and millions of others will satisfy themselves in a fortnight by handing Congress to the presidents' opponents.
Oh, Oklahoma will stay as red as hell, although I can't *wait* to stamp the rooster! What do things look like where y'all are?
--ER
Comments:
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There was a rule of thumb in the Army, it is quitest just before the onslaught.
The conservatives have finally awaken to the understanding that they have been conned big time. The Democrats are begining to consider that they might actually inherit this shitty mess and don't really know what to do with it any more than the Republicans did. The loud mouth neo-con supporters have seen their icons falter and fail. The tax base has been frittered away, the backlog of political promises are at hand, the budget surplus is spent three times over, and our nation's monetary and moral credit are next to siltch. It looks like everbody has overextended their rhetoric and actions passed anything reasonable. We all kinda feel like a day of reckoning is at hand but we are not sure who is going to have to pay the reckoning. We are looking to our leaders and low and behold there ain't none.
Turning number four as predicted.
Cheer up, the sun is shinning somewhere I'm sure.
The conservatives have finally awaken to the understanding that they have been conned big time. The Democrats are begining to consider that they might actually inherit this shitty mess and don't really know what to do with it any more than the Republicans did. The loud mouth neo-con supporters have seen their icons falter and fail. The tax base has been frittered away, the backlog of political promises are at hand, the budget surplus is spent three times over, and our nation's monetary and moral credit are next to siltch. It looks like everbody has overextended their rhetoric and actions passed anything reasonable. We all kinda feel like a day of reckoning is at hand but we are not sure who is going to have to pay the reckoning. We are looking to our leaders and low and behold there ain't none.
Turning number four as predicted.
Cheer up, the sun is shinning somewhere I'm sure.
# posted by 
: 2:39 PM
: 2:39 PM
You've been doing very good the last few weeks, so now get back on your meds. NOW
You are the liar, Bush said he hadn't said "Stay the course" since August, not before. So who's a liar now!
I never have stamped for one party but this time I will and it won't be a rooster.
You are the liar, Bush said he hadn't said "Stay the course" since August, not before. So who's a liar now!
I never have stamped for one party but this time I will and it won't be a rooster.
# posted by : 2:47 PM
: 2:47 PM
I can't wait for the (D)'s to take over and turn the country upside down. That's right upside down, as in the money falling out of every ones pockets when taxes are up, interest rates up, and stock market and 401k's down. Then the downsizing and layoffs will begin. Happens every time.
# posted by : 2:52 PM
: 2:52 PM
NEW YORK (CNN/Money) - Plenty of Wall Streeters are Republicans. The party's policies are seen as better for big business and therefore better for the stock market.
"Democrats are seen as being pro-regulatory, and more willing to enact laws against Wall Street and laws against CEOs," said Don Luskin, chief investment officer at Trend Macrolytics.
But here's Wall Street's strange little irony -- studies show the stock market performs better and tends to be less volatile when Democrats are in power.
This discrepancy was explored recently in a study by two finance professors at the University of California at Los Angeles, Pedro Santa-Clara and Rossen Valkanov.
According to their paper, entitled, "The Presidential Puzzle: Political Cycles and the Stock Market" and published in the October issue of the Journal of Finance, stock market returns are on average about 5 percent higher when the White House is run by a Democrat than during Republican rule.
Looking at the 72-year period between 1927 and 1999, the study shows that a broad stock index, similar to the S&P 500, returned approximately 11 percent more a year on average under a Democratic president versus safer, three-month Treasurys. By comparison, the index only returned 2 percent more a year versus the T-bills when Republicans were in office.
The study also looked at how the index responded under both Democrats and Republicans, using two portfolios tracked by the Center for Research in Security Prices, a research outfit affiliated with the University of Chicago's business school.
The "value-weighted portfolio" ranks all the stocks in the index according to their total market value, whereas in the "equal-weighted portfolio" the stocks are all ranked the same.
On average, value-weighted portfolios returned 9 percent more under Democrats than Republicans during the 72 year period, while equal-weighted portfolios returned 16 percent more under Democrats.
ER - we're quiet because the Democrats are nothing to celebrate. But at least I will be able to get back to hating the poor in peace.
"Democrats are seen as being pro-regulatory, and more willing to enact laws against Wall Street and laws against CEOs," said Don Luskin, chief investment officer at Trend Macrolytics.
But here's Wall Street's strange little irony -- studies show the stock market performs better and tends to be less volatile when Democrats are in power.
This discrepancy was explored recently in a study by two finance professors at the University of California at Los Angeles, Pedro Santa-Clara and Rossen Valkanov.
According to their paper, entitled, "The Presidential Puzzle: Political Cycles and the Stock Market" and published in the October issue of the Journal of Finance, stock market returns are on average about 5 percent higher when the White House is run by a Democrat than during Republican rule.
Looking at the 72-year period between 1927 and 1999, the study shows that a broad stock index, similar to the S&P 500, returned approximately 11 percent more a year on average under a Democratic president versus safer, three-month Treasurys. By comparison, the index only returned 2 percent more a year versus the T-bills when Republicans were in office.
The study also looked at how the index responded under both Democrats and Republicans, using two portfolios tracked by the Center for Research in Security Prices, a research outfit affiliated with the University of Chicago's business school.
The "value-weighted portfolio" ranks all the stocks in the index according to their total market value, whereas in the "equal-weighted portfolio" the stocks are all ranked the same.
On average, value-weighted portfolios returned 9 percent more under Democrats than Republicans during the 72 year period, while equal-weighted portfolios returned 16 percent more under Democrats.
ER - we're quiet because the Democrats are nothing to celebrate. But at least I will be able to get back to hating the poor in peace.
Hey, Anon. I actually *thought* of you when I posted this! Now, bite it.
Bush hasn't told the truth since his first lie:
"I, name, do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and I will to the best of my ability, preserve, protect, and defend the Constitution of the United States."
That second part, especially.
But hoo boy, it will *not* be pretty if the D's take Congress, under this president. The boy simply does not know how to play with others.
As I've said before, I personally will gladly sacrifice the presidency in 2008 to a non-neocon Repub, in exchange for the Dems taking and keeping Congress.
Bush hasn't told the truth since his first lie:
"I, name, do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and I will to the best of my ability, preserve, protect, and defend the Constitution of the United States."
That second part, especially.
But hoo boy, it will *not* be pretty if the D's take Congress, under this president. The boy simply does not know how to play with others.
As I've said before, I personally will gladly sacrifice the presidency in 2008 to a non-neocon Repub, in exchange for the Dems taking and keeping Congress.
Obama! Obama! Obama!
Here in KY (red state), we may finally unloosen the shackles of Congresswoman Anne Northup who has NOT represented relatively Blue Louisville for too long. It's a close race, but then, it often has been a close one with her.
I'm still waiting for the other shoe to drop. The Dems are quite good at not offering much in the ways of positive alternatives and the Republicans are quite good at getting the "vote" one way or another.
Holding my breath...
Here in KY (red state), we may finally unloosen the shackles of Congresswoman Anne Northup who has NOT represented relatively Blue Louisville for too long. It's a close race, but then, it often has been a close one with her.
I'm still waiting for the other shoe to drop. The Dems are quite good at not offering much in the ways of positive alternatives and the Republicans are quite good at getting the "vote" one way or another.
Holding my breath...
I know a few leftie bloggers who are getting excited, and I say wait wait, lets calm down. We've gotten our hopes up a few times before, just to be disappointed.
I'm in KY, too, but in the very very red 5th district, where its hard to even get a dem to run, since its mainly a waste of time. But local races are interesting, because you know all the candidates and vote for the lesser ass.
I'm in KY, too, but in the very very red 5th district, where its hard to even get a dem to run, since its mainly a waste of time. But local races are interesting, because you know all the candidates and vote for the lesser ass.
I believe that the following excerpt from the Congressional Ir-Record shows the basic concept with the Congress as currently composed.
"Q: Mr. Speakerm how many Republican Congressmen does it take to screw in a light
bulb?
A: There you go again. The answer is none. There is nothing wrong with the light bulb; it's conditions are improving every day. Any reports of its lack of incandescence are delusional spin from the liberal media. That light bulb has served honorably, and anything you say undermines the lighting effect. Why do you hate freedom?"
At least the Democrats would change the bulb even if it did cost half the annual GNP and the 1st Infantry Division.
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"Q: Mr. Speakerm how many Republican Congressmen does it take to screw in a light
bulb?
A: There you go again. The answer is none. There is nothing wrong with the light bulb; it's conditions are improving every day. Any reports of its lack of incandescence are delusional spin from the liberal media. That light bulb has served honorably, and anything you say undermines the lighting effect. Why do you hate freedom?"
At least the Democrats would change the bulb even if it did cost half the annual GNP and the 1st Infantry Division.
# posted by : 7:45 AM
: 7:45 AM << Home
