South of the border, the midterm election campaign season is finally grinding to a harrowing halt. Some of the networks have already started their coverage of what’s expected to be a painful rout with majority Democrats getting beaten like a gong by a foaming-at-the-mouth GOP Class of 2010 (some of whom don’t believe in public schools). Everyone loves a rumble… let the good times roll.
And afterwards, a month of analytic frenzy during which the hovering media will pick at the corpse of the Democratic majority to see if the entrails reveal What Went Wrong. Were the Democrats too liberal? Too conservative? Too moderate? Too insistent on pursuing common ground with a pugnacious opposition whose only goal was uncompromising partisanship and aggressive self-promotion?
It’s the economy, stupid. Don’t let anyone tell you any different.
If unemployment was at 4.5% and the Dow was at 14000, the Dems would be sailing back into office with maybe even a few extra seats. Prosperity doesn’t bring out the angry-shouty in people like economic hardship does. So really, it’s not too surprising that things are breaking badly for the Democrats this election cycle.
What is surprising, even amazing, is how deftly the authors of the economic cataclysm have managed to sidestep any of the material that’s hit the fiscal fan. A fan that they, after all, were responsible for turning on. Instead, they’re somehow the ones in the white hats, riding in to the rescue.
You’d almost think they knew this was coming, and it’s why they neglected to get more viable candidates in 2008.
Nah.
?
(*adjusts tinfoil hat*)



























![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)

Recent Comments