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Scott Brown's Seat

More serious thoughts later but I couldn't help but celebrate a little. Thank you voters of Massachusetts! (Click thumbnail for full image).

scottbrownsseat.png

Original diagram can be found here.


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Comments (11)

He's among friend's..... (Below threshold)
914:

He's among friend's..

Nothing has changed in Wash... (Below threshold)
GarandFan:

Nothing has changed in Washington, the Democratic leaders are still trying to find ways to get "their" bill through. Only problem is that they still think all their members are behind them. Barry is courting Snowe again. Guess he figures he can smooze her back into the fold. Personally, after last night, I don't think she's that stupid. How many Dem's are going to bail over the next week? Guess Rahm won't be calling them and promising "Obama will campaign for you". That will get nothing but laughs.

When are you guys going to ... (Below threshold)
john:

When are you guys going to start talking about how the stock market is having its biggest drop in 3 months on Scott Brown Day? Certainly you haven't hesitated to associate past market drops with activity by Democrats.

"Certainly you haven't hesi... (Below threshold)
GarandFan:

"Certainly you haven't hesitated to associate past market drops with activity by Democrats."

Keep drinking the Kool Aid John. YOUR Democrats are still running things. Like they have since January 2007. Or have you selectively forgotten?

Read #2. YOUR leaders are still acting like 'business as usual'. Gotten your bribe money yet?

Now if the Dems were really... (Below threshold)
GarandFan:

Now if the Dems were really smart (and they aren't); instead of still pushing their "reform" bill, they'd be talking about replacing Pelosi and Reid.

I'm still a little confused... (Below threshold)

I'm still a little confused as to what my original post had to do with the stock market. But since 'john' seems so interested, lets see what Reuters is saying about today's market.

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NEW YORK (Reuters) - U.S. stocks were having their worst day of 2010 on Wednesday as lending restrictions in China worried investors about the global economic recovery, while a conservative outlook from IBM weighed down technology shares.

Official media and banking sources said Chinese authorities instructed some major banks to curb their lending over the rest of this month after an early burst of credit.

Signals that China may curb its economic expansion hurt shares of commodity-related companies, dragging the S&P materials sector down 2.4 percent.

Concerns over Greek debt helped push the euro to a five-month low against the U.S. dollar, weighing down commodity prices.

"You combine what's going on in China with the strength in the dollar and you have an unwind of the commodity trade," said Peter Boockvar, equity strategist at Miller Tabak & Co in New York. "Then you throw in mediocre earnings relative to expectations, and the market is taking a well-needed correction."

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I guess the argument is now that Reuters is a far right conservative outlet because it didn't link today's stock movement with the election of Scott Brown?

Now personally I think that attributing one day's activity on the stock market to one world event is the ultimate random comment generator. If people could make such attributions consistently, you'd know them by name because they would all make Bill Gates look like a pauper.

"GarandFan: Now if t... (Below threshold)
914:

"GarandFan:
Now if the Dems were really smart (and they aren't); instead of still pushing their "reform" bill, they'd be talking about replacing Pelosi and Reid"

Yeah right, that would throw the plantation into chaos!

an old Wall Street saying: ... (Below threshold)
Jeff:

an old Wall Street saying: buy on rumor, sell on fact ...

And no, I don't think the street reacts to political news with any sort of good coorelation ... there are alot of factors that drive a days activity ... like lending restrictions in China or bad earnings reports can override any sort of positive (pro business/capitalism) news coming out of Washington or Mass.

Nice location for Brown.</p... (Below threshold)
Hank:

Nice location for Brown.

Everytime Obama reads the teleprompter on his left, there's Scott Brown to remind him of yet another dem failure.

Warren Buffet did a 180 thi... (Below threshold)
GarandFan:

Warren Buffet did a 180 this morning. He was asked about the pending $90 BILLION tax on banks. Warren said he couldn't understand it. The government MADE MONEY on the bailouts to the banks and Wall Street. If the banks continue to make money, the government makes money. How is taxing them and removing money from investment going to help the government in the long run? In addition, he wonders why the government is pouring money down the drain into LOSERS like Chrysler, GM, and Fannie and Freddie.

And here I thought Warren and Barry were pals.

I guess the argument is ... (Below threshold)
john:

I guess the argument is now that Reuters is a far right conservative outlet because it didn't link today's stock movement with the election of Scott Brown?

Uh, no. In fact, where did either one of us even mention Reuters? Nice strawman, though.

Now personally I think that attributing one day's activity on the stock market to one world event is the ultimate random comment generator.

Good answer. I'll look forward to you and Jeff chiming in with this insight next time some right-sided Wizbanger attempts to link a pro-Democratic headline with a stock market drop, as they have done in the past, and will no doubt do again in the future.




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