Sdi 2010 Midterms Impacts Updates
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GoP Good – EconomyGoP win key to the economy – gridlock causes immediate growth Business Week 7-22 The Midterms Could Spark a Stock Rally, http://www.businessweek.com/magazine/content/10_31/b4189048926083.htm President Barack Obama has already presided over the biggest stock-market rally during the start of a Presidency since Franklin D. Roosevelt in the 1930s. Now, if election year history is any guide, stocks are poised for further gains, though for reasons Obama probably wouldn't like. Should Democratics fare poorly in this fall's midterm elections and lose control of the House to Republicans, stock investors could view the resulting split government as a positive. "Markets love gridlock," says Ken Fisher, who oversees $35 billion in Woodside, Calif., as chief executive officer of Fisher Investments. "What the markets want to see is no change: less legislation that engages in changes in taxes, spending, regulation, or property rights." The billionaire Fisher expects the market to stage a rally even before the midterm elections. Bets made on Intrade, a Dublin-based prediction market, show a 54 percent chance Republicans will take the House. How big are the potential stock-market gains? The Standard & Poor's 500-stock index has advanced 15 percent on average in years when there was a Democratic President and Republican majority in Congress, the most of any combination, according to New York-based Strategas Research Partners. The S&P 500 gained 6.7 percent in the 12 months after the 2006 midterm election, when Republicans and President George W. Bush lost control of both houses. In the 1994 congressional elections under President Bill Clinton, Democrats gave up their majority in the House and Senate. That was followed by the S&P's 34 percent surge in 1995, the biggest in 37 years, data compiled by Bloomberg show. The chance that Democrats will lose their Senate majority this year is 18 percent, according to Intrade.
David Wise 6/22/2010 WisPolitics “Westlake, Johnson talk Gulf spill, Patriot Act at forum” Retrieved on 06/22/2010 from http://www.wispolitics.com/index.iml?Article=200566 Johnson said he would seek to repeal the recently passed federal health care reform law and called for malpractice reform, insurance portability and purchase of insurance across state lines. Although he acknowledged that it may not be able to happen for some time, he said if Republicans win at least one house of Congress they could at least block implementation of some of the provisions. Dem loss of the House enables the GOP to repeal health care Brownstein 9 Ronald Brownstein, National Journal, 11-14-2009, “GOP Faces Choice If Health Bill Passes,” http://www.nationaljournal.com/njmagazine/politicalconnections.php The stakes in the elections of 2010 and 2012 have just increased exponentially. Although many obstacles remain, the House's narrow approval of health care reform last weekend bettered the odds that President Obama will sign legislation vastly expanding the number of insured Americans. But the near-unanimous opposition of House Republicans to the bill signaled that the GOP may resist and challenge the initiative for years. That means, if the overhaul becomes law, the coming elections could determine whether nearly universal health care joins Social Security and Medicare as a central branch of the American social-welfare system -- or whether Republicans acquire the leverage to repeal or severely prune the new program before it takes root. Since last Saturday's vote, much attention has focused on the formidable hurdles still confronting reform legislation in the Senate and on the House blueprint's imperfections, particularly its lack of key cost-containment measures, such as the independent Medicare commission proposed in the Senate Finance Committee's bill. But that focus, while understandable, has obscured the historic significance of the House's 220-215 vote approving the plan. Some senior House Republicans have already pledged to repeal any health care bill if they regain the majority. Franklin Roosevelt, Harry Truman, Richard Nixon, and Bill Clinton all pursued universal coverage, but none could advance such a bill as far as a floor vote in either chamber. "There is still a long way to go, but the House vote really was an historical marker," says political scientist James Morone of Brown University, the co-author of The Heart of Power, a new book analyzing how presidents since FDR have handled health care. "We have had brilliant, successful, charismatic leadership at various times in American history. And no one has gotten as far as this Congress and this president." Directory: files files -> Answer True False 2 points Question 2 files -> Integer programming and game theory files -> 4 Integer Programming files -> Bpa vehicle Window Repair Scenario #1 task: Procure vehicle window relacement. Objective files -> Pop Warner History files -> North Carolina Inclusion Initiative Mapping Where Children with ieps are Being Served Purpose files -> Fall 2013 Spring 2014 Program Data: Standard 1 Exhibit 4d files -> Hanban – asia society confucius classrooms network 2010 request for proposal files -> Northern England’s set-jetting locations Download 0.56 Mb. Share with your friends:
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