Fredipedia: The definitive Fred Thompson Resource
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Posted on 05/31/2007 6:14:03 AM PDT by bmweezer
Bad News…Ouch
In what can only be described as a surprise, the U.S. economy nearly fell into the negative during the first quarter of this year, when growth slowed to 0.6 percent – its worst showing since just after 9/11. Thanks to a rising trade deficit and businesses cutting investments, the revised mark for the first quarter was adjusted downward from 1.3 percent.
Good News…Gas Prices Fall
The average cost of a gallon of gas continues to fall, coming in today at $3.191, down from $3.197 yesterday and off 3.6 cents from its high last Thursday. Again, the mainstreamers are silent.
“Why Fred Thompson”
As usual, Robert Novak has an interesting piece, this time on Fred Thompson and his likely entry into the presidential race. Novak stated that at a recent meeting of the exclusive Saturday Evening Club, Thompson “sent two signals. First, he sounded like a man who has decided to run for president. Second, his candidacy will be something different from other Republicans, in both substance and style.” Must-read. Also read this article from USA Today. Meanwhile, a new Quinnipiac poll out of Pennsylvania shows that the former Senator from Tennessee would be bested there by both Hillary Clinton and Barack Obama, by large margins, which might give Thompson supporters some pulse, although we are taking about Pennsylvania here, which hasn’t voted for a Republican since 1988. Former Vice President Al Gore, we might add, – also not a candidate – would beat any Democrat or Republican in the Keystone State.
“Former Vice President Al Gore, we might add, – also not a candidate – would beat any Democrat or Republican in the Keystone State.”
Now THAT should be on Ripley’s Believe it or Not.
S&P is at a seven year high
Maybe because they're still in bed and haven't taken advantage of that half-cent-per-gallon bargain windfall yet this morning. Filling up every car in the household, assuming you have four or five Navigators, would free up enough loose change for, what, a soda out of the machine?
This is the most desperate cherry-picking of statistics I've seen since last week's article that told us to stop complaining about gas prices, using 1945 GDP as a factor.
My local gas station has dropped 7 cents a gallon since last Friday. That’s about a $2.00 difference on a tank, or about a 12-pack of Coke.
Talk about cherry-picking.
WTheir data seems off. Didn’t all the markets hit all-time highs yesterday?
Fredipedia: The definitive Fred Thompson Resource
Please FReepmail jellybean if you want on/off this list. WARNING: This ping list is EXTREMELY active. .
BE NOT MISLED-—WE’LL WIN WITH FRED
Thou hast engaged in a great stretch. (Your phrasing, not your sentiment)
Pennsylavania isn’t Ohio and its a poll before non-political junkie voters even get a chance to see who he is. Polls 1 1/2 years before the election are decidingly inaccurate.
It’s going to be a LOOOOONG year.
*Sigh*
Oooooh... I DO like that one!
Thanks.
:-)
LOL....I like it!!!
Gimme Fred Till i’m dead!
Great graphic!
They’re talking about growth rate. The number should be slightly low, though, because our house market needed to slow down a bit.
Most investors think this is just a natural transfer from the housing market to stocks....and that this will greatly lifted up the stock market in the next few quarters.
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