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 hasnt 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.
Yes, but they are talking about the First quarter and we’re more than halfway through the second. Using that as an argument to what is happening now doesn’t make sense.
I don’t understand the “phobia” part. Who is, or should be, phobic?
Ref. the poll showing FDT losing to Hildebeast and BaraCACA Hussein Osama in Pennsylvania:
Sean Hannity said, as recently as tonight, that polls show Rudy, McCain and Romney, all three, beating all the Dems in PA.
Too early to put much stock in polls.
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