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The Dead Cat Bounce. Why this pick isn't to be feared.
The Dead Cat Bounce.
As a finance major, I’m going to throw in a finance term here called the “dead cat bounce”, where a stock has been plummeting, and then some event raises a stock price, only to be short lived and have that stock come crashing down.
That is basically the Palin picked summed up. While the Democrats have to toe a fine line when tearing her up, Palin is right now going to cause the McCain-Palin ticket a bump in the numbers. It will, it is inevitable, you gotta figure at least 2-3% of people polled might get their interest piqued and say, sure I’ll give the old guy and the young woman a chance. Then, when Palin is no longer the big story, gas prices rise because off shore drilling in the path of hurricanes leads to supply disruptions, people still get laid off, and the economy is poor, they will realize that she brings nothing new to the equation.
Palin is a personality to be respected, as she is by all accounts very charismatic. That’s where here good points stop. She is somehow even father to the right than George W. Bush. Is there any possible way people look at her and say, you know what, I’d be ok with her being president? No! Some Vice Presidents are picked to help carry a state, others are picked to help govern. NEVER (other than Potatoe) has a VP been selected in order to get votes. What will she do when she is vice president?
Nothing. And that is why it is a dead cat bounce.
Obama-Biden 08!
As a finance major, I’m going to throw in a finance term here called the “dead cat bounce”, where a stock has been plummeting, and then some event raises a stock price, only to be short lived and have that stock come crashing down.
That is basically the Palin picked summed up. While the Democrats have to toe a fine line when tearing her up, Palin is right now going to cause the McCain-Palin ticket a bump in the numbers. It will, it is inevitable, you gotta figure at least 2-3% of people polled might get their interest piqued and say, sure I’ll give the old guy and the young woman a chance. Then, when Palin is no longer the big story, gas prices rise because off shore drilling in the path of hurricanes leads to supply disruptions, people still get laid off, and the economy is poor, they will realize that she brings nothing new to the equation.
Palin is a personality to be respected, as she is by all accounts very charismatic. That’s where here good points stop. She is somehow even father to the right than George W. Bush. Is there any possible way people look at her and say, you know what, I’d be ok with her being president? No! Some Vice Presidents are picked to help carry a state, others are picked to help govern. NEVER (other than Potatoe) has a VP been selected in order to get votes. What will she do when she is vice president?
Nothing. And that is why it is a dead cat bounce.
Obama-Biden 08!
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I wish I could delete posts, I don't know why I always get nasty errors when I try to post! Sorry It came twice!!
August 29, 2008 7:51 PM | Reply | Permalink
Great metaphor, TAvery. I'll bet you're right.
This move has cosmetic appeal, but won't compensate for other more fatal flaws in the Republican campaign's offerings.
August 29, 2008 8:13 PM | Reply | Permalink
Love the term and the concept, TAvery. and I really hope you're right.
August 30, 2008 6:55 PM | Reply | Permalink