Democrats Pin Hopes on Sinking Stock Market

Insight on the News - Fair Comment Issue: 08/19/02 | 08/19/02 | By Scott Hagen

[Temple Owl]

Go DOW GO!!!!

[Wphile]

Blaming the stock market on Bush and the GOP is about as dumb as Al Gore blaming the culture of corporate greed on the tax cut!

Well, maybe not quite so dumb. Gore is a total doofus.

[weikel]

Well I personally agree with the Dems on this the market will continue to fall.

[weikel]

Of course its not Dubya's fault( well except the stupid tariffs).

[Paul Atreides]

[Paid4This]

Like it's doing today? I don't think anyone knows what is going to happen - which is kind of scary.

[weikel]

The last rally was just shortsellers covering IMHO plus a few more suckers who are going to get cleaned out(buying figuring stocks are cheap). I told my father to go short about a month ago too bad he didn't have the money for it (he claimed).

[Republican Wildcat]

It's going to "continue" to fall?

[weikel]

I think so. Just my opinion.

[ZULU]

Personal income is up, after a big Bull Market, a big dive was ineveitable and recovery is imminent anyway.

The fact that the DemocRATs are hoping to use this as a campaign issue is obvious from the massive negative attention every nosedive is given by the mass media and the poor coverage given each rebound.

Once again, the media goes to bat for the DemocRATs.

[ZULU]

Personal income is up, after a big Bull Market, a big dive was ineveitable and recovery is imminent anyway.

The fact that the DemocRATs are hoping to use this as a campaign issue is obvious from the massive negative attention every nosedive is given by the mass media and the poor coverage given each rebound.

Once again, the media goes to bat for the DemocRATs.

[Temple Owl]

What's it doing today?

[jslade]

3:20 p.m., EST, DOW up 414 pts.

[weikel]

Ill check tomorrow I don't feel like following CNBC right now.

[Billthedrill]

Even if the Dow does "continue to fall" (it's up 300 as I type) this isn't particularly good politics from the Dems' point of view - first, because it puts them in the position of reacting to events over which they have no control, and second, that although it affords an opportunity to snipe at Bush, without an attractive alternative plan it won't do them any good. Raising taxes to stimulate the economy is so silly even the Sociology majors ain't buying. Starting an FDR-style federally-guided recovery only works if there's a catastrophe, not simply a downturn. And volubly hoping for catastrophe in an election year is really bad politics.

[Eric in the Ozarks]

36,000 Dow !

[Paid4This]

Why do you think we are in a long term bear market, or do you think we're seeing a true crash?

[weikel]

A true crash followed by a long term "trading range" market.

[nemo]

The Nasdaq had already lost half of it's value before the 2000 election. Kind of tough to blame that on Bush!

[Temple Owl]

WOW! GO DOW GO!!! send Gebphart to the trash pile.!