tag:blogger.com,1999:blog-6926413038778731189.post8166544557343928829..comments2023-10-16T07:13:12.123-05:00Comments on A plain blog about politics: What Mattered This Week?Jonathan Bernsteinhttp://www.blogger.com/profile/15931039630306253241noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6926413038778731189.post-50187027599941572272011-08-21T11:56:41.032-05:002011-08-21T11:56:41.032-05:00Three things.
1. The Perry comments re: the Fed ...Three things.<br /><br />1. The Perry comments re: the Fed and that they demonstrate how the GOP is not the party of business but the party of anti-government whatever it means for business. Its not the comments so much as that they represent the views of the party's base.<br /><br />2. The continued seeming feebleness of the Obama Administration. They seem to be playing defense on all fronts with nary a bright spot from a progressive or even positive from almost any angle, opening. Their only respite is that things seem to be really bad in other places that Americans might look to as alternative systems of approaching their challenges like Europe.<br /><br />and,<br /><br />3. The continued sense that the GOP is still unsettled between their various choices -- still hoping for a Christie entry or even the potential for a Palin entry. To add to this is the sense that the GOP is comfortable treating the Democrats not as worthy opponents but as the "other," almost un-American and alien and having misappropriated what is good about our country and true to her values. There is almost no longer any pretense that the economic situation, rather than being addressable is grist for the electoral windmill for which no political price will be paid.Davidhttps://www.blogger.com/profile/16818950100128912685noreply@blogger.comtag:blogger.com,1999:blog-6926413038778731189.post-22937112182428697492011-08-21T06:40:06.726-05:002011-08-21T06:40:06.726-05:00Agree with CSH -- it's the markets/economy -- ...Agree with CSH -- it's the markets/economy -- although this week there are no scapegoats, all there is to do is sit back and watch long term events play themselves out.Couveshttps://www.blogger.com/profile/00926561539205771774noreply@blogger.comtag:blogger.com,1999:blog-6926413038778731189.post-4519302595220751552011-08-20T15:07:46.018-05:002011-08-20T15:07:46.018-05:00There was an awful manufacturing report out of the...There was an awful manufacturing report out of the Fed, which apparently usually serves as a leading indicator. We'll see, I guess.Dan Millerhttps://www.blogger.com/profile/12947782079761530102noreply@blogger.comtag:blogger.com,1999:blog-6926413038778731189.post-31576605245661486512011-08-20T15:03:07.547-05:002011-08-20T15:03:07.547-05:00My wife (and better investing half) noted yesterda...My wife (and better investing half) noted yesterday that the S&P 500 fell 1.5%, with that previously-noteworthy data point feeling almost like an afterthought these days. For the week the S&P was down almost 5%; the past four weeks have been the worst since 2009 and 2nd worst since 1950.<br /><br />And yet, I don't know if its learned helplessness setting in, but I'm not even sure I would nominate that...CSHnoreply@blogger.comtag:blogger.com,1999:blog-6926413038778731189.post-39461662788314799592011-08-20T14:23:57.708-05:002011-08-20T14:23:57.708-05:00buffett op-ed, possiblybuffett op-ed, possiblyhapanoreply@blogger.com