Not the ideal circumstances …

September 4th, 2008 12:42 pm · 0 comments

… for John McCain’s momentous speech in Minnesota tonight to the Republican National Convention. From the Associated Press:

Wall Street tumbled Thursday on more disappointing economic news — retailers posted sluggish back-to-school sales reports and the government said the number of workers seeking unemployment benefits spiked last week. The Dow Jones industrials fell more than 200 points.

Investors, highly anxious about the overall state of the economy, were further unsettled when many of the nation’s retailers said shoppers curtailed spending last month due to higher gas and food prices. Wal-Mart Stores Inc., the world’s largest retailer, beat Wall Street projections because of its discounts.

Meanwhile, the Labor Department said new applications for unemployment insurance rose by 15,000 from the previous week. That broadly missed expectations for a fourth-straight week of declines.

Yah think Obama’s gonna touch on this tonight? Anyone wanna count the number of times Obama says “Bush-McCain?”

Other things on my mind:

Anyone else notice the silence from the Clinton camp about Palin’s speech?

If anyone could deliver a forceful rebuttal to Palin’s speech, wouldn’t Pennsylvania Gov. Ed Rendell be a perfect candidate? Hmmmm … do I smell an introduction in Buchanan Park tonight?

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  0 comments  Tags: Issues: Economy · Presidential Politics · Barack Obama · John McCain

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