ISSUES....
Inside,
confidential, off the record
On
US mid-term elections
Here is Dennis Garthman comments on them.
The
US mid-term elections are one week from today, and we stand
by our statement made months ago that the Republicans will retain
control of both the House and the Senate, all be they by the very
barest of margins. The Republicans will lose seats in both houses,
losing perhaps 10-12 seats "net" in the
House, and perhaps 3 in the Senate, and as great "fans"
of gridlock, we are somewhat disappointed by that fact. The Republicans
have done nothing to deserve remaining as the majority party and
have embarrassed those of us who consider ourselves either to
be conservatives or Libertarians on most issues regarding the
economy, but even then they are far preferable to a government
where the legislative branch is controlled by the centre-Left.
The Republicans are seeing some quiet, but very important shifts
taking place in their polling numbers, and no where is that more
important than here in the Commonwealth of Virginia where Sen.
George Allen has once again moved to a lead in the polls. Having
begun this campaign months ago with a commanding lead, and with
Presidential aspirations of his own rising as his early poll numbers
rose, Allen made one miscue after another and soon found himself
in an incredibly tight race with Mr. Webb, the Democratic
challenger. With that lead went his Presidential hopes. Those
hopes remain gone, but his lead has once again returned, albeit
a small one. The most recent Mason-Dixon pool has Sen. Allen with
the support of 47% of those who intend to vote, while Mr. Webb
has the support of 43%. A small percentage (2) goes to a virtually
unknown third party candidate, with 8% still undecided. J. Bradford
Coker, an official at the polling company, said this morning that
"Allen has bounced off the bottom. Voters have let some of
the controversies run their course and they’re saying, 'this
election is going to be about the Republican rule in Washington
and the war in Iraq.’ ” Why is this important? It
is important because in a national race where the majority in
the Senate will be shaped by one or two seats, each seat is enormously
important. Virginia's, Pennsylvania's and Ohio's Senate races
are the three most
important races, and as go two of those shall go the majority
in the Senate. If the Republicans win one of those seats, they
will retain control of the Senate; if they win two they will guarantee
themselves the majority. The Democrats need to sweep them all,
and as of last week it appeared that they might. Virginia is now
slipping away from their grasp.
For
more on interesting comments, you can subscribe to The Gartman
Letter by contacting Dennis Garthman: Phone 757 238 9346, Fax
757 238 9346 or dennis@thegartmanletter.com
ISSUES....
Is an independent
journalist effort from Petroleumworld, on Inside, Confidential
and Off The Record Information, its views are not necessarily
those of
Petroleumworld
Legal
information: Copyright/Disclaimer
Copyright ©Petroleumworld, 2005, All rights reserved
Send
this story to a friend
