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Category: Conservatives (Page 37 of 40)

McCain win South Carolina

John McCain has won the South Carolina GOP primary. This is bad news for Democrats since he is the best hope for the GOP, though it’s still very early. Romney is still in this race, so it’s too early to annoint McCain as the nominee.

The big loser is Giuliani. He needed Huckabee to win South Carolina for maximum chaos. Now with McCain in good shape, Giuliani doesn’t have as strong a claim on the war on terror/scare the crap out of everyone crowd.

The GOP race is still a muddled mess, but I suspect it will come down to a race between Romney and McCain.

GOP coming apart

It’s only a matter of time. The coalition of economic conservatives, social conservatives, old-school foreign policy conservatives and the neocons will not last. The Democrats should win in November unless they completely blow it.

Here’s a gem from comedian Rush Limbaugh:

“I’m here to tell you, if either of these two guys [McCain or Huchabee] get the nomination, it’s going to destroy the Republican Party, it’s going to change it forever, be the end of it.”

Steve Forbes blasts Bush’s weak dollar policy

Steve Forbes has been saying this for years. The Bush administration’s failure to aggressively support the dollar has created serious economic problems.

The dumbest, most destructive economic policy of the Bush Administration has been its weak-dollar position–letting the dollar slide in value against the euro, the yen, the pound and gold. The repeatedly disproved theory in operation here is that cheapening your currency will improve your trade balance and that an improved trade balance makes your economy stronger and wealthier. Put aside the meaninglessness of the trade balance as a measure of economic health or sickness–the U.S., after all, has had a trade deficit with the rest of the world for 350 years out of the last 400. A weak-currency policy has disastrous economic and political consequences–most immediately, our tumultuous equity markets.

The entire article is worth reading. He even acknowledges that Clinton deserves credit for his strong-dollar policy.

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