Category: Political Prognostication

Posted on

Fed Rate Cuts: Beware What You Ask for

Stocks Fall When Fed Cuts Rates

Trump insisted that the Federal Reserve Bank needs to cut interest rates because Trump thinks US economy is not doing well. The Fed demurred for the longest time because no data supports Trump’s point of view. Consequently, when Fed finally gave in to the awful businessman, the market saw it as a sign that the economy is not doing well and started a huge sell off.

This is a clear case of the blind leading the the acutely sighted. (Or blind ambition overpowering clear vision.) Trump may get the failing economy he has been projecting after all.

Posted on

Only Russia Can Rescue California GOP

The poll, which is linked in the article below, looks legitimate, with most Los Angeles area television stations identified as the sponsors. An apparent new-nazi is the most popular Republican candidate in the California 2018 senate race.

It is difficult to determine whether candidate Little is benefitting from the ignorance of Republican voters in California or from their genuine malice. Either way, the California Republican Party can only hope that Russia will be unveiled as the financial backer of Little so that it can call the candidacy “fake news”. Barring such a revelation, the California Republican Party’s self destruction will be complete if this clown emerges as their candidate in the fall senate election. It is a necessary outcome to the pandering the GOP has made to the basest factions within its base, yet it is unlikely they will change their pandering.

Source: Neo-Nazi running as Republican polls second in California Senate race

Posted on

Adios, Chris Christie

Christie Fires Aide in Bridge Scandal as U.S. Opens Inquiry – NYTimes.com.

The man always came off as as big talker, anyway. He never impressed me as a particularly edgy intellectual or an especially skilled manager who can delegate authority prudently towards the efficient accomplishment of tasks. His choice of operatives, however, is his undoing in my mind, and it should be his undoing in the minds of everyone else.

Given that a successful Presidency, even more so than a governorship, is vitally dependent on appointing the right people to the right positions, Christie’s career is now officially over. His apology today impugns him. In this very long mea culpa, he effectively is saying that he appointed idiots to the most important posts, and that it took him over three years to discover that they are idiots. (His specific words are “abject stupidity”.) In a presidency, three years is enough time for idiots to destroy the world.

The company one keeps, they say, says a lot about one, Mr. Christie’s company have said absolutely nothing good about the politician or the man. People should take note.

Posted on

California voters increasingly tolerant

California voters increasingly tolerant

There is a lot of speculation about how the Republican Party will do in the upcoming elections in California. If there is any truth in the above cited poll of Californians, then the extreme positions that the GOP has taken in California have almost certainly guaranteed its demise and decline into an irrelevant minority party. Prehistoric sensibilities rarely succeed in ostensibly modern societies.

Posted on

The Economic Oracles Speak

BBC NEWS | Business | US economy at a glance

Perhaps the only thing gloomier than this picture is the fact that no American news source can be bothered by the simple process of consulting publicly available data from the government. The Brits seem to have grasped the utility of the internet browser better than American journalists. Perhaps that’s because it was a Brit who invented the world wide web and the browser.

[ad#refer]

Posted on

Obama’s Vice Presidential Candidate

Let’s have some fun. I tend to be right on these matters, so I might as well publish these predictions and see how I fare against the “professionals”.

Barack Obama will choose either Bill Richardson or Wesley Clark as his running mate because both men are without peer in their respective fields. Richardson is peerless in issues of foreign affairs, and Clark is peerless in military affairs. Either man will round out the ticket nicely.

The most likely choice is Bill Richardson because he was the first to endorse Obama.

Sorry Hilary. You just blew it big time.

[ad#refer]

Posted on

War Politicization Begins

Pentagon announces Iraq, Afghanistan troop deployments | Yahoo! News

The animosity between George W Bush and John McCain is insufficient to moderate the latter’s desire for power.  Consequently, the former is conveniently building up troops in Iraq in order to aid McCain’s already lackluster campaign. The strategy is quite clear, and it will most likely become apparent when the troops who are slated to be relieved will be retained. It is an escalation of the military conflict that  will create a circus of fear and greed come September, and there is little doubt that McCain will gladly oblige W by continuing the fear mongering that has thus far guaranteed reelection for every Republican who is utterly bereft of creativity, desire for serving the nation and scruples.

Never before could it be said that the success of one man will guarantee failure for everyone else.

[ad]