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Friday, September 29, 2006

How long will this last?

Over at Unqualified Offerings (highclearing.com) we read: (emp add)
Compound the detainee bill with the Congressional Democratic PartyƂ?s existing abdication of all practical war-starting authority to the Executive and you have Presidential and Congressional election losses stretching as far as - from what I can tell, as far as the international bond market will let it stretch.
The relative silence from all quarters (Democrats, liberal pastors, and even 'liberal' Hollywood) in the wake of Bush's recent initiatives is stunning. But most interesting is the international political and business community. It's hard to believe that they see the United States getting stronger by giving Bush more power. So what's happening? (And Chavez doesn't count, he's a buffoon.) When will the smart money boys decide that investing in the U.S. isn't a good move?



7 comments

Not nearly goddamn soon enough.

By Anonymous Mike, at 9/29/2006 2:11 PM  

Countries like China aren't investing in the US---they're buying our bonds because they're keeping their currency undervalued.

By Anonymous Anonymous, at 9/29/2006 4:39 PM  

Countries like China aren't investing in the US---they're buying our bonds because they're keeping their currency undervalued.

By Anonymous Anonymous, at 9/29/2006 4:40 PM  

Actually there are a few recent indicators that this is finally starting to happen-

"There is a notable shift going on in foreign central banks (FCB) custodial holdings. There have been so many false sunsets on this front that I just mention it only, and without predicting that some new trend is developing, although deserves watching. Over the last three weeks FCBs liquidated $27.5 billion in Treasuries, and shifted only part ($8.4 billion) to agencies. FCBs now hold agencies as 32.6% of their holdings, a time bomb ready to go off in my book (see 9.1 million Google links to "lending fraud"). The net liquidation was $18.1 billion in the three weeks, the largest ever for that time span."

Via Russ Winter-
http://tinyurl.com/k9nm5

By Blogger Alan Greenspend, at 9/30/2006 6:10 AM  

The problem is that most of the people who you thought were on your side out of principle were really just expressing Bush-hatred.

If Bush had made Nixon's famous "Checkers" speech, you know damn well that the next day one of the liberal talking points would be how terrible and hateful dogs are. Piss on your rug. Attack children. Only a triglodyte like Bush could ever love a filthy dog.

But this time the issue is about torturing and executing terrorists. And you know what, despite all best efforts to create terrorists rights and comprehensive immigration movements (designed and calculated to create a new class of Democrats out of the current criminal underclass), when it comes down to it, most Americans would rather have the terrorists tortured and executed, and they really just want a wall to keep the criminals out.

Now that it's a done deal, all of the momentum is falling away, because you mistook politics for principles.

By Anonymous Anonymous, at 9/30/2006 7:44 AM  

And you know what, despite all best efforts to create terrorists rights and comprehensive immigration movements (designed and calculated to create a new class of Democrats out of the current criminal underclass

Lovely talking points, Mr. Rove. Is it weird typing stuff at your keyboard that you know isn't true - barely has "truthiness" - or have you become so inured to it that you have blurred the distinction between fact and spin yourself?

Is it fun to reflexively regurgitate this tripe, or is it just what one does to gain GOP team leader points?

By Blogger Tinfoil Hat Boy, at 9/30/2006 1:43 PM  

Chavez is a bufoon in the same was as Reagan was. He has his own agenda, and he's going to push it, but his own public enjoys his posturing and seems to support him.

Personally, I think that whatever his motivations are (personal ego inflation, most likely), he's closer to what I want out of a president and government in general than Bush is.

Which is saying quite a lot, I think.

By Blogger Jeremy, at 9/30/2006 3:08 PM  

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