5/6 Wow, 62% of Americans are dissatisfied with the way things are going
in the U.S., up from 55% in January. 53% disapprove of Bush's
handling of foreign affairs.
If you think these numbers will be going down, you should visit the
news sites today. It's worse than what the motd currently has.
\_ 5 months from now the Saudi government will drastically lower
the price of oil causing Bush's poll numbers to skyrocket.
\_ nah, bush policies generating too many terrorists, and
is destablizing saudi arabia.
\_ In the next 6 months a shitload of them and their family/friends
will be getting jobs and raises and the news will be reporting the
Bush economic miracle. It's a long time to the election.
\_ Except prisoner abuse is going to stick.
Economic miracle? Greenspan wants to raise interest rates,
although I could see Bush keeping it down to help his re-election
prospects.
\_ As above. 48 news cycle. Interest rates aren't going any
where until after November and even if they went up a half
point they'd still be at 30+ year lows. You think they'll
suddenly raise rates by 4 points??
\_ Search http://news.yahoo.com for "interest rate increase": AP
May 5 - "The view of a growing number of economists that
the central bank's first rate increase in more than four
years will come this summer solidified Tuesday as Federal
Reserve Chairman Alan Greenspan and his colleagues decided
to keep a key short-term interest rate at a 46-year low.
In doing so, however, the Fair Market Policy Committee
dropped a promise to be 'patient' before it starts raising
rates." Up 4 points? Are you so fucking stupid to think
I'm so fucking stupid to suggest that? Anyway, you know
how investors are, the effect on the stock market, and the
subsequent ripple effect with even a minor increase in
rates. I don't really think you need me to tell you that.
Okay, fuck it, I've said my piece, I'm getting back to
work.
\_ Even if they do, the market is self rationalizing.
Nothing will happen "because the market has already
taken this into account since Greenspan projected his
plans back in early May after the last metting". There
is no logic to the market. Only crowd following, greed
and lots of randomness.
\_ The point was weakening the "economic miracle"
theory you are putting forth. I can't believe I'm
back here arguing. Okay, now I'm out of here. |
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