News and Commentary on Politics, Media and Culture

If Bookworm were here (she’s on a much needed mini-vacation and will be back tomorrow) she would surely mention that oil prices have dipped below $60 a barrel and are at a 6-month low. Also, the fed declined to raise interest rates for a change. Assuming the good news continues (always a dangerous assumption) what effect with it have on the November elections? While we’re at it, who will win the House this fall and what effect will it have if the Democrats take over?

My guesses are that the Democrats will take over and it will lead to legislative gridlock, which is almost always a good thing. For one thing, the deficit will go down. For another, the government won’t stick its nose in our private business quite so much.

What are your guesses?

[Discuss this with Don Quixote at Bookworm Room]

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