The candidate who rallies the GDP someday (2013? 2017?) will enjoy a springtide flood of cash pouring into investment vehicles, as the smart guys are now fleeing the markets and storing up their treasures in Treasurys, gold and mattress covers. Spoke Paul Vigna of DowJones, Aaron Task of Yahoo, John Bussey of WSJ, re the market turmoil, and there is no prospect of a calm market soon. There is rotation into defensive stocks as well as cash; and there is no more preferred place to hide than US Treasurys (which is why the smart guys laugh at the downgrade: US double A+ is the New US triple A+ + +). (Who will the be the president who recaptures Triple A??) Small business start-ups slowed in 2010 more than at any time since 1994, when they started tracking. Risk aversion is the new black. The consumer confidence number for July is the lowest since 1980. Surprise! Jimmy Carter is a theme of constant sorrow for the Obama administration. Anecdotes abound that the White House is a shop of horrors these days, with POTUS speaking sharply, with the staff ducking and covering, with no plans other than oppo and negative and blame-shifting for the campaign. Time to cut firewood, insulate the dream house, prepare for a long winter coming on in Utopia U.S.A. (below, the Camden, Maine, subset).
,
...POTUS speaking sharply, with the staff ***king and covering,....
Oh dear me, I did not know a Minister's Husband would speak that way!
JB typo? - probably meant ducking and covering
I have wondered if the administrators have an edit key. I know we could sure use one.
Copy editing is what I always need, but the pace of the shows keep me from checking, and Huey Dewey and Louie are over tasked. Regret. J
Another microcosm of what Conservative-minded voters and Tea Party members are up against:
http://communities.washingtontimes.com/neighborhood/bill-kellys-truth-squad/2011/aug/11/media-cover-up-durbin-confrontation-reporter/
Durbin should be managing a McDonald's somewhere-talk about exceeding one's Peter Principle status by leaps and bounds.
And alot of these conspiring lefty media jacka**es influence voters profoundly-that's a big problem-the dumbing down of the electorate.
Hopefully, sanity will win the day, because things are pretty well insane at this juncture in history.
Tonight's show was NOT brought to you by the letter F
(Channeling Sesame Street)
Dr. Doom has been right very often and this bothers me.
Media usually don't report on the number of times Dr. Doom has been wrong. Apparently the only people the media hold to their predictions are optimists who don't predict disaster.
My hope is that O will spend every waking minute for the next year on the campaign trail. The more he talks the larger the number of people who don't pay any attention to him.