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Monday, January 21, 2008

Asian markets drop hard in response to Bush stimulus

Bush is not very popular with voters at home. The Middle East dislikes him as much as ever. Wall Street wasn't happy and today, the Nikkei lost 3.9% and Hong Kong's Hang Seng has dropped 3.5%. China, who has to be worried about a failing US economy, shed an amazing 5.1% on the Shanghai Composite.

The GOP used to chuckle at the world, dismissing Bush detractors at home and abroad as know-nothings who just didn't get it. Bush knew more than everyone else and made the tough choices that weren't popular, but were right. Gosh, how are they all feeling about that now? How'd it all work out?

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