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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Gib Bogle who wrote (104434)8/11/2009 8:26:58 PM
From: Elroy Jetson6 Recommendations  Read Replies (1) | Respond to of 110194
 
Reagan definitely attracted a wing-nut element to the Republican Party, of which Sarah Palin is one current example. This change has alienated the demographic which previously made up the Republican Party sharply reducing their financial support.

Current Republican party activists attract the media like a bad car accident and support slates of unelectables who appeal to less than 28% of the population. Their plight most closely resembles the well known clown Pauline Hanson and the One Nation party in Australia.

Just before the election when it became clear the economy was collapsing into a depression many Republicans were overjoyed, certain that this would make Obama as unpopular as FDR was, our only four-term President. This alone demonstrates how disconnected from reality their strategists are.

The economic depression made Republicans so wildly popular that during the 1936 election one columnist wrote of the Republican Presidential candidate, "Considerable mystery surrounds the disappearance of Alfred M. Landon of Topeka, Kansas. The Missing Persons Bureau has sent out an alarm bulletin bearing Mr. Landon's photograph and other particulars, and anyone having information of his whereabouts is asked to communicate direct with the Republican National Committee."

I'm seeing changes among people whose greatly appreciated real estate previously provided them with the conceit they were "wealthy Republicans". The more politically active they were previously, the more allergic they are now to political opinions let alone support of any candidate. My sense is the public is developing a revulsion to the people they see on the news at "town hall" meetings.

I'll see quite a Republicans in this circumstance this weekend, and will know more next week.
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