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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (62677)	1/24/2007 5:44:49 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Dimes, Bulldozers, & Volatility globaleconomicanalysis.blogspot.com Thanks Ork! Mish

To: orkrious who wrote (62677)	1/24/2007 10:35:17 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

The "emperor" really is naked. thecarpetbaggerreport.com I promised a while back not to publish regular polls about the president — most of which simply reinforce the obvious fact that Bush is unpopular — unless he reached new lows. In this respect, I think the new CBS poll qualifies as noteworthy: "Mr. Bush's overall approval rating has fallen to just 28 percent, a new low, while more than twice as many (64 percent) disapprove of the way he's handling his job. "Two-thirds of Americans remain opposed to the president's plan for sending more than 20,000 additional U.S. troops to Iraq — roughly the same number as after Mr. Bush announced the plan. And 72 percent believe he should seek congressional approval for the troop increase." It's likely that Tony Snow would dismiss it as “just a number,” but there seems to be something psychological about these thresholds. When Bush dropped into the 40s, it was indicative of a president who was losing the middle. When he dropped into the 30s, Bush was scraping the barrel, relying on little more than support from his obstinate base. But the 20s? We're looking at a president who has lost just about everyone, including some of his base. In a historical context, Bush's only post-WWII rival for public disapproval is Nixon in the midst of the Watergate crisis that drove him to resign. [...]