THE INDICES
posted in General |If Mr Obama wants “change”, all he has to do is read the newspapers or watch TV. There is lots of change going on – all around him. Doing something about it is a different story.
The Dow Jones average is bouncing back a forth between 12,000 and 13,000, sometimes leaping or dipping by 350 points is a day. It’s enough to keep investors in their sneakers carrying pole vault poles.
Unemployment has risen to 5.5 %. Not good. Gasoline averages $4 per gallon at the pump – $4.50 on the West coast. Big surge of support and demand for public transportation.
The price of crude oil is nearing $140 with $150 in sight.
The Republicans point to successes in Iraqi and the Dems ignore anything they can’t bad-mouth.
On energy or war supporting programs,the Dems are dragging their feet. “Fiddling while Rome burns??” Some things change, some don’t.
Ethanol doesn’t seem to have helped much in the battle for energy independence. In fact, it seems to have hurt. Has anyone admitted that they made a mistake? A very costly mistake?
I haven’t noticed — has Las Vegas quoted the odds of McCain vs Obama??