It is a defining moment.
Meanwhile the opposition watches as the perfect economic storm continues to brew. I will renew my search for Mr Fusion's classic treatise on the Eastern "stretch and break attack." Seldom have conditions seemed so ideal for that type of maneuver. No doubt Entente strategists are weighing this option.
Government intervention in the free markets is a risky proposition. There are always unexpected residual effects. Should the opposition successfully divine the next intervention -- and act accordingly -- then the house of cards will come down at a more rapid rate than currently sustained.
J
If this is truly a defining moment in our nation's history, the Democrats are going to be gnashing their teeth at not having someone in the Presidency to take advantage of it.
That's just plain horseshit... While I am a staunch conservative who voted for GW twice, the house of cards that is soon to come down is that one from Crawford, Texas. GW has done nothing, absolutely nothing, to slow the rising price of crude. Since Jan 1 the price of world crude has gone from $43.40 to near $70 per barrel. The first that I heard that he was doing something was tonight when he said that some SPR would be released to offset the Katrina loss. People are not going to be satisfied with $3+ dollars a gallon when less than 9 months ago the price was near half that? Storm, or no storm, GW was asleep when the prices were climbing! Now it has bit him where it hurts.......
Same thing with border security, and it will bite him sooner or later.......
Releasing oil from the SPR isn't exactly "intervention" in the free markets, since it is being driven by a short-term crisis brought about by a major natural disaster.