AND THE WINNER, THE UAW, IS THE REAL LOSER YOU AND ME?

Last on the Terminal Deal: Kudlow hits the nail on the head. Foreign investors will now think at least twice before investing here. The Congress gave the signal that their money is NOT free from seizeure.

Watch for the Arab countries to literally bar Boeing aircraft from purchases. This will be seen as a clear case of racism and religious discrimination together with all the racist and nativist ranting from our "leadership." The Emerates owns the airline that buys our planes. Why the hell should they buy them now?

The inept handling of this issue by Bush is costly, and it is his ineptness that is now front and center, another one word issue: Dubai, Katrina, Iraq. The GOP has lost any initiative in Congress, and has in effect lost it. The main rant of the Dems has been that Bush isn't--can't--pay attention to things. Bye bye tax cuts, foreign tax credits, and all pro-growth legislation. The '06 election may easily turn the House over to the Democrats.

Worse, if that is possible, is that both the Democrats and Republicans are now pushing proposals to give Congress veto power over purchases of American companies by foreign corporations or governments. This extends to all road building, broadcasting, canals; in short everything.

This could cripple our economy. Oh, and this isn't the first. Just last year Congress killed any possible deal with the Chinese on the UNOCAL purchase. This is really bad. Late add: the Journal is listing all the threats from Congress over almost everything. Read it and be warned. The prime force behind this entire debacle is the UAW and the rest of the union dopes. And if all the sheikistan oil barons decide to stop investing their petro-dollars here? We are toast. The Coopster laid it out pretty well yesterday and links to the ultra left LA Weekly for more.

I heard a radically different message seeping out. A sense of fear and loathing seems to be creeping in among those Republicans who prefer to think in cool, strategic terms rather than in purely ideological ones. Maybe even a sense of foreboding that among the many lesser accomplishments of the Bush administration — creating the morass in Iraq, the racking up of record deficits, the mucking about in corruption scandals — we will soon be able to add one more Mission Accomplished: the definitive scuttling of the 1994 Gingrich Revolution.

Good read and very bad news for the GOP which seems as foggy brained as their peerless leader.

And Google? See my old post and then check here. That funny red line that has been crossed is called the 200 day moving average. All who have lost money deserve it and all still in the stock will tell you it will come back. Back to where? is the question and "it will come back" is something every loser in the stock market always says. There is no bottom before the 300 area (check the weekly) and then 200 for this nutball speculative stock which every moron hopefully jumped on and then bailed on weeks ago.