Posted on 10/20/2006 2:55:12 PM PDT by DredTennis
I got an upbeat voice mail—he was returning a phone call—from conservative activist Grover Norquist, founder of Americans for Tax Reform. Maybe Norquist is channeling the same optimistic ether as Rove, or maybe he's just getting a peek at those famous voting metrics tracked by Ken Mehlman, chairman of the Republican National Committee. Maybe both. Norquist, though, highlighted the role of the "investor class" in helping the GOP come Election Day.
In Norquist's own words: "Remember what happened in 2002. We were supposed to lose the 2002 election partially because the stock market collapsed, but the people who saw the stock market collapse reacted by wanting their stock prices to go up. The [Democrats] were going to attack business; the Republicans weren't going to. ... Everybody knew who was on which side, and now we see the stock market going up, and everybody knows that the Democrats want to hand it all over to the labor unions and the trial lawyers to loot."
Since the Dow Jones industrial average just nudged above 12,000 for the first time ever, it seems that investors are hardly panicking over a Democrat-controlled House. That probability is pretty much baked into the financial cake—though, keep in mind, not a Dem Senate-House twofer. If there's an upside surprise for Republicans on November 7, it may come from a combination of fatter investment accounts and a strong job market. And there's this: The September consumer price index report showed a 0.5 percent drop in the number that includes food and energy. That effectively translates into higher take-home pay. So will it be pocketbook issues or charges of salaciously E-mailing congressional pages that prove more influential for voters?
(Excerpt) Read more at usnews.com ...
Hey, "it's the economy stupid".
Just doing my part for America.
To be honest, I think the central banks fiddled a little with the price of gold and silver, especially when they gave it a whack in mid May at a critical juncture.
But after all, that's their job. Otherwise, I think the rally in stocks has been genuine. And the drop in oil prices is genuine, too, although it may have been kicked off when Goldman Sachs adjusted their energy index fund on the precise day when energy prices began to fall, by decreasing the unleaded gasoline component by a large amount.
Again, that's their job, and it wouldn't have stuck if energy prices didn't want to come down from their speculatively high levels.
So you're saying that Rove is responsible for the DOW going over 12,000? Not surprising, I only wish I had known he was planning for this earlier.
Goldman Sachs were the only major trading house hyping T. Boone Pickens' "$100 a barrel for oil" schtick. Your little bit of information makes it clear that they were doing a pump-and-dump.
The Dow rheostat is just to the right of the hurricane directional joystick on Rove's desk.
All the financial media buried the Goldman Sachs energy scam. The only place I have ever seen it explained is here:
http://www.financialsense.com/Market/kirby/2006/0925.html
Quite a few people got taken to the cleaners when energy futures suddenly and unexpectedly tanked overnight.
Though Clinton likes to take the credit, you can watch the Dow start to zoom in January 1995 when the GOP Congress took office.
Actually that is the device that makes the Pope quote Byzantine Emperor Manuel II Paleologus. The super computer that controls the Dow is located deep below the Whitehouse in the Rove-Cave. Although Rove can control the Dow using a remote control located next to the Rove-shark repellent in his utility belt.
Rheostat? Hell.
All this time I thought it was a potentiometer.
No wonder I'm broke.
That's Fitzshark repellent.
Has to be a rheostat, it takes a whole lot of power to raise the Dow, at least 100 capitalisamps per point.
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