And in this case, every account holder will be forced to pay higher fees on their checking account and savings account. That's you, my friendly reader. Can you say "checkbook tax"? I can, and I think lots of candidates will be saying it come November. Is that what you really want to do to your constituents, Senator Lincoln? Is that what you really want to explain on the campaign trail, Senator Bennett?[snip]
Democrats -- especially those in conservative districts -- were promised a bounce if they voted for ObamaCare. We didn't even see a dead cat bounce. Just ask Blanche Lincoln -- but you better ask her quickly....I have taken to reading murder mysteries again lately. This one I really like.
It's called The Dead Cat Bounce.
...It's a series. Good summer reading.
P.S. Illinois Review:A graph is worth a thousand words. And A Simple Question About a Simplistic Narrative Tom Bevan, RCP Blog
P.P.S. Screw the NY Fed of Turbo-tax deficient Treasury Sec. Geithner. How about St. Louis or Kansas City taking the lead. Heartland common sense. Hell, yeah.
Related post: Obama and Big Labor's Backroom Deals