
“As of now, it also could mean another ugly battle over funding the government and a bruising federal debt-ceiling fight in March 2015. Yet this doesn’t signal a new anti-incumbent wave, at least not yet. So far this year, 26 states have held their primaries to determine the nominees for 257 House seats. Of the 229 incumbents running again, only Cantor and one other have lost. Meanwhile, the Democratic and Republican candidates for Cantor’s seat have a few things in common. Both have no previous political experience. And both are professors at Randolph-Macon College in Ashland, Va., where they are teammates on a faculty basketball team.”
http://www.investingdaily.com/20520/back-to-politics-2/
Related posts:
Can the Fed Become Insolvent?
Google Bus Hate: Give It a Rest
Andrew J. Napolitano: War and the Separation of Powers
Urgency: A Tactic of The State
How long can this rally last?
Bruce Schneier: iPhone Fingerprint Authentication
‘Inside the law enforcement bubble’
Bill Bonner: Can a credit system last in the modern world?
Investors (Suckers) Say They Have Things Under Control
A Deal With North Korea: Don’t Blow It This Time
Precious Metals Paradox: Good Fundamentals Help And Hurt
The World’s Central Banks Blink
Jim Rogers: Why Gold Broke Its Bull Run
Germany will think twice before saving France next time
This is the Moment