Off-Topic: A serious explanation
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   A serious explanation
Date:   6/7/2012 4:49:18 PM

Art Hogan of Lazard Capital and Mike Ozanian of Forbes both forecasted a Walker rally. And that's just what we got Wednesday morning.

The logic? Well, mainly, a big Walker win opens the door to a Wisconsin victory for Mitt Romney this fall. Think of Walker as the leading indicator for November.

Noteworthy in the Walker victory was a huge GOP get-out-the-vote ground game, set up by Reince Priebus, the Wisconsin native and Republican National Committee chairman. Priebus said he was confident that the superior ground game will be there in November for Romney. And if Romney takes Wisconsin, it could be Katy bar the door for a national GOP landslide.

But the other bullish point is that stock market investors prefer low taxes to high entitlement spending. The grassroots taxpayer tea party revolt that carried Scott Walker to victory is alive and well around the country. (By the way, in California, San Diego and San Jose just voted in government-union pension cuts.)

Collective-bargaining restraint, higher copays for pension and health care benefits, and an end to mandatory dues-paying for Big Labor's political slush funds are all bullish policies that come out of the Scott Walker win. So is a huge drop in government-union membership in Wisconsin.
Other messages in this thread:View Entire Thread
Another One Of Those Big Lies - GoneFishin - 6/7/2012 2:00:28 PM
     Light finally dawns on marble head - MartiniMan - 6/7/2012 2:12:25 PM
     A serious explanation - MartiniMan - 6/7/2012 4:49:18 PM



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