Tag archive for ‘Realities’
Getting to Sixty before January 20th
As it presently stands, the Novemeber 4th election resulted in 55 Democrats, 2 independents (Lieberman and Sanders who both caucus with Democrats - making an effective 57 Democrats), 40 Republicans, and 3 seats oustanding. The three outstanding seats are Coleman’s in Minnesota, Saxby-Chambliss’ in Georgia, and Stevens (the convict) in Alaska. By hook and because of a “crook” - it would appear that the Democrats may wind up with the 60 votes needed for a “filibuster proof Senate” before the 111th Congress is sworn in next January.
There’s nothing “Fair” about the Fairness Doctrine
The first casualty of the new 111th Congress could be both free speech and the free market. After years of being dormant, many democrats in Congress are hinting that they will seek to re-institute the “Fairness Doctrine,” a doctrine that requires US broadcasters present in equal time on controversial issues. If enacted, the doctrine will undoubtedly be targeted almost exclusively at “conservative talk radio,” and the consequences will be millions of dollars in lost revenues for radio stations across the country, especially AM radio stations, an undoubtedly a blow for free speech in ensuring that the “marketplace of ideas” remains open.
Dewey Defeats Truman II: How McCain might win in a squeaker…
In the last 48 hours, something has emerged that could very well be the early indication of McCain defeating Obama on November 4. For the first time since McCain’s address to the convention, the overall spread between Sen. Obama and Sen. McCain has dropped to an average of 3 points - or essentially the margin of error. Thus, McCain supporters need not be so glum that all is foretold and that the race is lost. While some pundits like Hannity and Limbaugh have been railing against the “Main Stream Media,” asserting that traditional news sources are trying to convince people that the race is locked, when it is not, for the first time, there is actually some evidence of that fact in polling. A strategy to victory, although improbable, for McCain exists. Senator Obama may indeed be vulnerable
Joe the Plumber… why Joe matters…
Joe Wurzelbacher, simply known to most of popular America as “Joe the Plumber,” ignited a firestorm by asking Sen. Obama on the campaign trail a simple question, why should I give the government more taxes?
Stock Market Meltdown, Bank Failures, and Recession! Oh my!
Last week, the stock market shredded almost 20% of its value, and briefly looked as if the Dow Jones Industrial Average would march to 7000, a number that would bring the market’s value down to almost 50% from its high a year ago. Panicked investors continue to be frenzied as they worry about the value of their 401K’s, IRA’s, and government savings plans, selling in droves and fleeing for the safety of US Treasury Bonds; bonds which are almost worthless in their yields at the moment as demand for bonds far outstrips supply. In the time of market panic - cash is king. Many Americans are asking, however, why this is happening? They were told the Bail Out “rescue” plan would avoid Financial Armageddon! Why then does the market continue to be driven downward, and the credit market continue to be seized?
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