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Lou Dobbs for president???
We noted the speculation earlier this week and now John Fund reports that friends of CNN anchor Lou Dobbs "say he is seriously contemplating" a presidential bid, "although it's still unlikely."
"His playbook would be similar to that of Ross Perot in 1992, who didn't enter the presidential race until the major parties began holding their primaries but quickly shot up to 25% in many polls." Link
The ReThugs do the same thing hoping for a different result. Translation: Cling to Junior and the Iraqi Designer Albatross around his neck expecting to have a snowball's chance of winning any office above dog catcher come next November.....
...the Democrats were ready to give George Bush $50 billion for Iraq today and the Republicans killed it because they don't want to provide any oversight whatsoever. The Republicans think the war in Iraq is going great, and to prove it they just took $50 billion away from our troops. Link
Mental ward room number 3....
The U.S. economy, being driven by the Priests of Greed, the Raiders of the Lost U.S Treasury, the Tooth Fairy supply side theologians, the Laissez-faire Lunatics and the Capitalists of Crime, is about to make prime time news....
It is increasingly clear that by now that a severe U.S. recession is inevitable in next few months. Those of us who warned for the last 12 months about a combination of a worsening housing recession, a severe credit crunch and financial meltdown, high oil prices and a saving-less and debt-burdened consumers being on the ropes causing an economy-wide recession were repeatedly rebuffed the consensus view about a soft landing given the presumed resilience of the US consumer.
But the evidence is now building that an ugly recession is inevitable. Thus, the repeated statements by Fed officials that they may be done with cutting the Fed Funds rate are both hollow and utterly disingenuous. The Fed Funds rate will be down to 4% by January and below 3% by the end of 2008. Link
Next...okay we already knew this guy was insane....
Crazy ol' Republican Senator Ted Stevens, of the Bridge to Nowhere Stevens clan, is threatening Josh Marshall's TalkingPointsMemo.com outfit.....
"But we've been included in a way that I hope people understand the laws that are doing it," he said. "Because when it's all over, some people are going to have to account for what they've said and what they've charged us with."
It was unclear whom Stevens was threatening. When asked if he meant libel or perjury, Stevens said: "No. I'm just saying there are ways to account for this in the future."
When asked if he meant political retribution, he remained vague:
"I think the people out there ought to worry about that the way I worry about the investigation. There are myriad things you can do. Just a myriad of things."
When pressed, he wouldn't elaborate further:
"I've said it," Stevens said. Link
Feature act... the Insane White House Clown Posse....
What the U.S. Senate has to do because of the criminal and rogue Junior/Dick White House regime.....
The Senate will be coming in for pro-forma sessions during the Thanksgiving holiday to prevent recess appointments.
My hope is that this will prompt the President to see that it is our mutual interests for the nominations process to get back on track.
While an election year looms, significant progress can still be made on nominations.
I am committed to making that progress if the President will meet me half way.
But that progress can’t be made if the President seeks controversial recess appointments and fails to make Democratic appointments to important commissions. Link
And finally....even Obama has caught a bit of the insanity bug as demonstrated by his being suckered on the Social Security-in-crisis Republican parlor trick....
Mr. Obama wanted a way to distinguish himself from Hillary Clinton — and for Mr. Obama, who has said that the reason “we can’t tackle the big problems that demand solutions” is that “politics has become so bitter and partisan,” joining in the attack on Senator Clinton’s Social Security position must have seemed like a golden opportunity to sound forceful yet bipartisan.
But Social Security isn’t a big problem that demands a solution; it’s a small problem, way down the list of major issues facing America, that has nonetheless become an obsession of Beltway insiders. And on Social Security, as on many other issues, what Washington means by bipartisanship is mainly that everyone should come together to give conservatives what they want. Link
And finally, finally......Starbucks reported that their in house traffic revenue dropped 1% last quarter.
Can the Apocalyse be far behind?
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