So understandably spooked investors dumped stocks on Wednesday, sending the major stock indexes spiraling down about 3 percent for the market’s worst day of the year. The yield on 30 year Treasury notes has since slipped below 2 percent for the first time ever in another signal of investors’ flight to safey. (Other portions of the yield curve have already inverted in recent months, with the yield on the 5 year note falling below that of the 3 year in December; the rate on the 10 year note fell below that of the 3 month note in March.).
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They painted Kerry yellow and he put his life on the line in battle, while McCain never fought a day in the whole War and turns out to be a Hero. Why don’t you ask McCain about his War records that are sealed in Washington. Even our troops gave more to Obama’s campaign by a margin of 6 to 1.
Five years ago I wrote “The System Worked,” a rather contrarian book arguing that the response to the 2008 financial crisis was a damn sight better than anyone would have expected. I stand by that hypothesis, although clearly the follow through have been, how shall I say, poor. Power, and because no set of ideas posed an existential challenge to the Washington Consensus..
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Jack: Fifty percent of the voters favor re election of its members to Congress. Yes, and 50% of the voters do not favor re election of its members to Congress, but 75% of the voters favor term limits for Cogress and federal judges. When you put a face to an office it is hard to not elect them.
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