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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (2952)10/22/2006 11:24:24 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 50168
 
re: "The Elections"

Obviously things will be more clear after the elections.

But, that's not the issue. The issue is that the bugs
ignored what I referred to as the "single most important
chart in the market" for months... and months.

That chart being Bush's cratering approval ratings and
prospects for Republicans in the '06 elections.

Even still... the 'bugs seem to think that Gold & Oil
are going to explode after the November elections?

What if the Democrats take the House.

Let alone the Senate.

And what if they take the Presidency in 2008?

What if the Bush Tax Cuts are repealed.

Did you read Rubin's speech?

How do you think the market will react to:

-- hiking Capital Gains taxes?

-- raising Income Taxes?

-- applying new CAFE standards?

-- hitting Big Oil with windfall profit taxes?

-- instituting stronger environmental standards?

-- cutting the military industrial complex spending?

...and on and on.

A completely different landscape for the markets
to navigate.

SOTB