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Economy is a Headache That Could Hurt Bush in the Long Run [Media prays for Recession]
CNN ^ | Monday, September 10, 2001

Posted on 09/10/2001 8:01:22 PM PDT by JohnHuang2

Edited on 04/29/2004 1:58:43 AM PDT by Jim Robinson. [history]

LOU WATERS, CNN ANCHOR: Now to presidential politics, ever the more complicated. And also a peek at the angst surrounding the intervention of the highest court in the land in election 2000.

A book called "The Accidental President," by "Newsweek" writer David Kaplan, looks at the Supreme Court's 5 to 4 ruling that essentially stopped the Florida recounts. Kaplan quotes one of the four justices, David Souter, as saying he'd -- "only if he had only one more day, he might have been able to persuade one of the five others to switch sides." Kaplan says the swing vote that Souter most likely was pursuing was Anthony Kennedy.


(Excerpt) Read more at cnn.com ...


TOPICS: News/Current Events
KEYWORDS:

1 posted on 09/10/2001 8:01:22 PM PDT by JohnHuang2
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To: JohnHuang2
bump [and a msnbc talkback post to you]
2 posted on 09/10/2001 8:07:50 PM PDT by prognostigaator
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To: JohnHuang2
bump [and a msnbc talkback post to you]
3 posted on 09/10/2001 8:07:53 PM PDT by prognostigaator
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To: prognostigaator
The sky is falling! The sky is falling!

Everywhere, you can hear the din of the doomsayers -- an oddball bunch who draw from the grimness an obdurate contentment and satiation; like a clump of fortune tellers, with fiery eyes and scowling brows plumbing the depths of their crystal balls, they herald darkness and despair.

"U.S. UNEMPLOYMENT JUMPS", proclaimed CNN, barely containing their glee as Friday's employment report was announced.

"UNEMPLOYMENT RATE JUMPS TO 4.9%", screamed CBSNEWS' MarketWatch website.

To hear the prophets of gloom and doom tell it, America is finished.

An economic curse has descended upon us, say the soothsayers of sorrow with melancholy tongues.

Our cornucopic days of roaring opulance and riches are behind us, forever lost, as misery and indigence awaits us.

In the minds of lefties, images of soup kitchens and unemployment lines stretching as far as the eye could see dance in waves of enchantment, as the rush of adrenalin transports them to Nirvana's very embrace.

Exaggeration and hyperbole, you say?

Some might think so.

But think again.

For, behind the long faces of solemnity with each new jolt in the unemployment rate; the feigned expressions of shock at the almost daily carnage on Wall Street, lies a thinly disguised narcissistic conceit, a ray of comfort, borne of a sense of "vindication", somehow.

Whether the gloomers and doomers admit it or not, their destructive resentment of wealth and achievement -- their implacable envy and pitiless grudge -- drives them to relish the bad news.

Donning their phony "populist" facade, the mission is to spread panic, to whip up hysteria into a lather, in hopes of provoking a mass stampede for the exits.

Their ultimate goal? A glaringly apparent desire to undermine confidence and faith in America itself; to cast a pall on Reagan's 'Shining City on a Hill'.

But here's something for the namby-pambys to chew on: America is coming back.

The notion that the most vibrant economy in the world can not and will not ever recover, that our people are condemned to slouch perennially in abysmal morass is the stuff -- not of realists -- but of cowards and milquetoasts.

American capitalism is irrepressible -- a pulsating fore of unbridled dynamism; the focus -- not of evil -- but of boundless envy, the world over.

It survived the Carter administration -- what more need be said?

From the beginning of the year, the sequence of events remarkably parallel the situation Reagan inherited in 1980, differing only in degrees of severity.

Then -- as now -- the incoming GOP president grappled with the mess his predecessor so thoughtfully left behind.

And, then -- as now -- the fiercely disloyal opposition, unrestrained by notions of shame nor decorum -- were on the warpath as ever, attempting to blame the incumbent.

Little did the miscreant fools realize they unwittingly set the stage for Reagan to accrue all the credit when the economy came roaring back.

Fasten your seatbelts: History is about to repeat itself.


4 posted on 09/10/2001 10:34:41 PM PDT by JohnHuang2
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To: prognostigaator
fore=force
5 posted on 09/10/2001 10:36:46 PM PDT by JohnHuang2
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To: JohnHuang2
I am so sick of this 5 to 4 vote which gave Bush the election. How come nobody ever mentions the 7 to 2 vote which was the ruling of law - in other words, the law prevailed 7 to 2, not 5 to 4 The 7 to 2 vote was for the recount being unConstitutional. This really bothers me. The media has hidden this information all these months, just to keep this thing stirred up.

Things are such a mess, Jesus must be coming soon!

6 posted on 09/10/2001 10:43:44 PM PDT by Sueann
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To: Sueann
This really bothers me.

It shouldn't. Let em spend the next three years whining like pathetic cry babies about how the 'election was stolen'. If Americans hate anything, it's the sight of sore losers, and they'll reject em in '04 even more than they did in '00.

7 posted on 09/10/2001 10:50:25 PM PDT by JohnHuang2
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To: JohnHuang2
Brilliant analysis as always. The media is of course jubilant about the so called downturn, citing the tax cut as part of the cause, etc.
As for me, I wish my freepname was Broadinred so I could really say what I think of them, but alas, being a lady, I will just say I have no respect for the media anymore at all.
8 posted on 09/10/2001 10:54:24 PM PDT by ladyinred
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To: ladyinred
Thank you, my friend =^)
9 posted on 09/10/2001 10:59:26 PM PDT by JohnHuang2
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To: JohnHuang2
Fasten your seatbelts: History is about to repeat itself.

It's a good time to quit spending and pay off any debts. A bad economy is part of a cycle, a lot of people will lose their jobs and their homes but when they've foreclosed and become bankrupt, they also aren't in debt anymore and can start all over. Also the 90's wasn't that good of an economy.

10 posted on 09/10/2001 11:13:27 PM PDT by FITZ
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Comment #11 Removed by Moderator

To: JohnHuang2
Media prays? Now THAT is news!
12 posted on 09/10/2001 11:32:05 PM PDT by onyx
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To: JohnHuang2
#7 - You might be right! Just today Rush was talking about Daschle and Gebhardt and how their constant whining and bashing of Bush is not making any points. In fact, only 28% of the population is agreeing with them. Seems to me that number just about takes care of the vast left wing conspiracy alone. Also, Rush was saying that suddenly the dems are talking about tax cuts - when they hate tax cuts. I agree with Rush that this is a sign they are in big big trouble.

But the media praying for a recession is par for the course. They have no regard for America, only for their own power - which they have found out they no longer have - especially when the White House does not invite you to the first State Dinner.

13 posted on 09/11/2001 12:12:06 AM PDT by Sueann
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To: JohnHuang2
Choat prep school is in CT. Its where JFK went to prep school and its slogan is:

"Ask not what your country can do for you, ask rther what you can do foryour country."

I don't know if this slogan pre-dated JFK's inaugural speech, but Choat is Ultra Left & ultra-P.C. these days, I am told.

Souter will have a hard time "turning" anyone after his remarks got such wide circulation!

But we now know Souter's true colors. An ingrate, to boot, for GHWB's nominating him.

Perhaps he is a "purple".

14 posted on 09/11/2001 12:19:12 AM PDT by FReethesheeples
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To: Sueann
But the media praying for a recession is par for the course. They have no regard for America, only for their own power - which they have found out they no longer have - especially when the White House does not invite you to the first State Dinner.

And the advent of the internet, with its proliferation of new sources of news and information, has increasingly marginalized the once over-powering influence of the liberal media.

15 posted on 09/11/2001 1:32:20 AM PDT by JohnHuang2
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