Monday, October 23, 2006

It's NOT Mark Foley, Stupid!

Do voters care about the economy?

I thought the economy is supposed to be the major driving force behind voting behavior.

If so, the Dems may be in for a rude awakening the morning after Election Day.

NEW YORK -- Blue chips resumed a three-month rally after stalling Friday; the Dow briefly surpassed 12,100 and reached a new trading high of 12,117.95, eclipsing the old mark of 12,049.51 set last week. Broader market indexes also gained, shrugging off concerns about the Federal Reserve's decision on interest rates later this week.

"The picture being painted is pretty easy to suggest that the pressure on the economy from higher oil prices is easing," said Richard E. Cripps, chief market strategist at Stifel Nicolaus. The price of oil, which fell to lows for the year Friday from its mid-July highs, is making investors more bullish on sectors like retail, which stand to benefit if consumers have more spending money.

In midday trading, the Dow Jones industrial average rose 110.22, or 0.92 percent, to 12,112.59. Blue chips passed 12,000 for the first time last week.

Broader stock indicators also surged. The Standard & Poor's 500 index rose 8.71, or 0.64 percent, to 1,377.71, and the Nasdaq composite index rose 17.71, or 0.76 percent, to 2,360.01.

The Bush Plan has worked!

Remember that the Dems predicted Bush's cuts would spell disaster. They've been whining about the tax cuts for years.

How WRONG they are!

If the Dems controlled Congress, what would they do regarding the economy?

Read it and weep.

Congress Daily reported today that the Democratic Party's ranking member on the House Ways and Means Committee, Rep. Rangel (D) of New York, all but guaranteed tax increases in the Democratic agenda if they take back the house in November. When approached about whether tax increases across the income spectrum would be considered, Rep. Rangel responded, "No question about it."

Let's talk about REAL issues.

The Dems and their mouthpieces in the lib media have spent the past weeks trying to convince Americans that this election is about FORMER Rep. Mark Foley's IMs.

Why would they do that?

Naturally, they don't want anyone talking about the surging economy and the drop in gas prices.

There is absolutely no question that the Dems are unfit to manage the economy.

Case closed.

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