a certain connection between Spain terrorist event & S&P
no question about it
their presidential election had a clear redirection
I think the message is clear:
US November elections are now ON NOTICE
note the Idiot Prince Bushy's campaign tactics
he is building a plank on Peace & Security
WE HAVE NEITHER
an event would kill his re-election
I laugh at the flack that Kerry is getting
I like the guy, just wish he was not so wooden
what a lousy campaigner, no inspiration, except to sleep
Kerry was righton to call Bushy on his deception TV ads
Bushy deserved heavy criticism for using the 9/11 event
in my view, Bushy is making every conceivable error so far
I hate politics, but when events are this big, I pay attention
I follow politics and trade war issues
they are heating up, and I got an entire section in an upcoming article
errors like in 1931 are in progress of being made
job angst dictates action, even if wrong action
here is a clip:
In 2002, the Bush Administration imposed trade protection measures against foreign steel. Last year, the USGovt lifted them. The US Congress last summer entertained an aborted bill which would have levied a 27.5% tariff on all Chinese goods. The exact figure was reached from some research report which estimated the yuan currency to be undervalued by that amount. Democratic hopeful candidates have threatened a drumbeat of protectionist policy measures, seizing on the jobs issue. We have heard ended tax deductions for business expenses associated with job outsourcing, and ended tax deductions for corporate HQ relocation off-shore (e.g. Caribbean). Congress passed legislation recently to prohibit federal contracts to be directed toward outsourced jobs. US Trade officials have filed a complaint with the World Trade Organization, citing a tax China places on imported semiconductors. This is a tariff. Export tax breaks are at issue with the Europeans, who have retaliated with trade sanctions against US goods such as jewelry. The trade war is heating up. Watch it erupt as we approach elections.
/ jim |
