Business of Senate Is Slowed as Battle on Judges Intensifies | theledger.com

Business of Senate Is Slowed as Battle on Judges Intensifies theledger.com

Many Americans know that the Senate Democrats and Republicans are behaving like school children. However, the battle is democracy at work. Solid arguments are being made on both sides of the issue and a small group of democrats and republicans are attacking from the middle.

The so called "moderate" group is trying to win by getting 6 Democrats and six Republicans to agree to a compromise. This would be enough votes to block the "nuclear" option and the filibuster.

The stock market likes the nuclear option. Businesses have long suffered higher over-head costs as a result of the actions of liberal judges. There has been a huge wealth transfer from the pocket of the American and international consumer to the pockets of extremely well paid lawyers. We are talking about Billions of dollars in legal fees. It is easy to understand why lawyers have contributed Billions of dollars to Democratic candidates and why business leaders have contributed Billions of dollars to Republican candidates.

It took a long-time but Republicans have finally gathered the votes to win. Congress was controlled by Democrats for more than 40 years until 1994. It was only two years ago when Republicans won a solid majority in the House and Senate. President Bush is determined to use the power won to make changes that have been needed for many years.

It is certainly possible that a compromise will be reached--but I hope not. The good news for the country and for the stock market will be that the "nuclear or constitutional" option will go forward. The Democrats will make a lot of noise but the Republicans probably have the 50 votes needed. Democrats are "bluffing at the pot" while showing their poor hand to the Republicans.

Democrats threaten to pull a union style "work slow-down" if the nuclear option is exercised. I hope so. The average American knows very few of the details but "citizen organizations" are prepared to spend millions to educate the public. Already, a multi-million dollar advertising campaign has been launched in favor of a vote up or down for Ms. Owens. This qualified Judge was nominated in 2001. It is a losing hand in the eyes of Americans to prevent her from receiving a vote.

BUY THE BIG BULL MARKET BEFORE THE FILIBUSTER BATTLE IS WON! ESTIMATES ARE THAT BUSINESSES WILL SAVE UP TO 2% OF REVENUES ANNUALLY!