September 27, 2006
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Gas Prices
As statisticians have noted, Bush’s popularity seems to pretty much
move with gas prices. The higher gas costs, the less popular he is. The
lower it costs, the more popular he is.
http://www.usatoday.com/printedition/news/20060921/1a_offlede21.art.htm One
shouldn’t jump to the conclusion that the one drives the other. It
could be coincidence or it could be that they are both driven by the
same factors – for instance if gas prices go down when puppies are
happy and presidential approval goes up when puppies are happy, you
would see these results and realize that the gas prices and the
presidential approval aren’t directly linked.However, it is still an interesting thing to keep track of.
By
the way, have you noticed that gas prices have been going down as the
elections approach? Well, the conspiracy minded might wonder if
something’s up. Here’s a bit from an article I found linked by Dandalism and The Moral Equivalent of War:What
this means folks, is that hedge funds and institutional money that
“TRACKS THE INDEX” were FORCED TO SELL 75% of their gasoline futures to
conform with the reconstituted GSCI. And if anyone hasn’t noticed the
timing of the price of the gasoline price collapse…just in time for
November’s Mid Term Elections!
