If The Democrats Had Nominated Hillary, She Would be Ahead By 30 Points By Now

From Pat Buchanan:

Since mid-September, the stock market has cratered, losing half of the $8 trillion that has vanished since October 2007. All five of America's great investment banks -- Bear Sterns, Lehman Brothers, Merrill-Lynch, Goldman Sachs and Morgan Stanley -- have either ceased to be independent or ceased to be.

The nation's largest savings and loan, Washington Mutual, and largest insurance company, AIG, have gone belly up, with the federal bailout of the latter costing $100 billion and counting. Perhaps $3 trillion of the $8 trillion in stock value that is gone disappeared after passage of the $700 billion federal bailout of Wall Street.

No bottom is in sight to the worst market crash since 1929. Recession is now certain. George W. Bush has fallen to 26 percent approval, a level unseen since Richard Nixon was driven from office in the Watergate summer of '74. Four in five think the nation is on the wrong course.

Yet, Obama has only a six-point lead in an averaging of national polls. While he has moved ahead in Ohio, Florida, North Carolina and Virginia, one senses America is not so much rallying to him as running away from a Republican brand that is now on the same shelf with Chinese baby formula.

Obama still has not closed the sale. He has overtaken McCain not because of any brilliant campaign he has conducted but because of the dreadful news pouring out of Wall Street. McCain and Palin are being dragged down by Dow Jones, not Barack Obama.

Comments

[LV Travel Luggage]

True, but this is surely an argument for better figures, not for a ban on trading.

[Air Jordan Shoes]

Ces rapports commerciaux sont vraiment excitant. J'aime l'impression que vous avez choisi la liberté. LOVE IT! J'aime aussi la sélection de tomates qui ressemble un peu à imprimer souches Orla K's. Très belle, Erin.

[Red Bull Hats]

Took me awhile to read all the comments, but I really love the article

[Mister Dog Ice Cream]

Mister Dog Ice Cream Here. How do I get to Indianapolis? The swat team is in Ohio. I like the cucumbers they grow.

[Nick]

"McCain and Palin are being dragged down by Dow Jones, not Barack Obama."

When McCain loses in November, and I strongly believe he will, that will be the worst lesson that Republicans could try to take away from this election. Just like they seemed to learn the wrong lessons after 2006 which resulted in the McCain candidacy.

They thought that the Democrats winning in 2006 meant that Republicans had to be more liberal, and more populist. Listen to all the McCain proposals... they're all very liberal. More government action, more spending, more this, more that. Bush is doing the same.

McCain is losing because he's not talking directly to the majority of responsible home owners, and telling them that if he were President, he wouldn't tax and punish the ant to save the grasshopper.