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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: pompsander who wrote (755465)12/1/2006 8:24:55 PM
From: longnshort  Read Replies (2) | Respond to of 769670
 
like libs are progressive



To: pompsander who wrote (755465)12/1/2006 9:24:15 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Re: "I guess not calling the Iraq Civil War a civil war will somehow change anything that is going on over there. Or America's attitude toward the conflict? Aren't semantics great? Just don't call it something and it won't be that....."

Yep!

I personally believe that if we start calling cancer 'extra-fast growth' then we can mitigate all the problems that cancer brings as well!

(Think the 'NewSpeak' will catch on?)



To: pompsander who wrote (755465)12/2/2006 10:58:59 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Gridlock is GOOD for the Markets!

... The fact is, a divided government – in this case, Democrats in charge of Congress, Republicans running the White House – often does wonders for the stock market.

Take a look at the following table, showing the returns of the Dow Jones Industrial Average since 1901 under two-party versus one-party rule:

Party Alignment
Average Annualized Gain

Democratic President, Republican Congress
9.60%
Democratic President, Democratic Congress
6.53%
Republican President, Democratic Congress
6.37%
Republican President, Republican Congress
1.54%
Source: Ned Davis Research

As you can see, the ideal government for Wall Street is when we have a Democratic president and a Republican Congress. Indeed, the period from 1994 to 2001 was incredible for the stock market, probably the best ever. No wonder investors want to bring back Bill Clinton.

The second best period is a Republican president and a Democratic Congress <matching Dem/Dem within the margin of error>, the one we will have for the next two years.

Why does a divided government work well on Wall Street? Sharing power keeps the government from passing radical legislation. As Richard Band, editor of Profitable Investing, states, "Only measures with broad bipartisan support get adopted – the kind of laws everybody, including the markets, can live with."....

Dr. Mark Skousen