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November 14, 2006
What Happens When Democrats Control Congress?
. . . the DOW soars to a record high.
I expect our friends on the right will explain it's really (1) the fruits of Bush's tax cuts (. . . or is it Reagan's?), (2) low gas prices, (3) stable interest rates, or maybe even (4) Bush as President.
One thing's for sure. The market sees an emerging Congress that could not, even if drunk and throwing darts at at random billion dollar amounts on a wall, apprropriate as recklessly as the last couple of GOP Congresses -- with the sign-and-spend GWBush as chief enabler -- did for the past 4 years.
As an investor with kids, I'll take the soon-to-be Democrat[ ] Congress, thank you very much.
Posted by shertaugh at November 14, 2006 11:38 PM
Comments
I read somewhere, probably on the Democraticunderground.com website, that Blue businesses tend to do better then red dominated ones.
If true, gives a person a reason to ponder.
Posted by: Elizabeth at November 16, 2006 10:34 PM