Bankruptcy

Different Perspective on Gov. Perry?s Win

By mcbride

Yesterday, the Texas Republican voters chose Gov. Rick Perry over both Sen. Kay Bailey Hutcheson and Debra Medina to run against Bill White, the Democratic former Mayor of Houston.  This makes sense given that Gov. Perry styled his campaign perfectly to fit the worsening mood of Americans in general and voters in the Republican primary in particular.  As has been said here before, according to the folks at Elliott Wave and The Socionomist ? who produce two very informative financial newsletters to which I subscribe ? there is a historic mood shift happening in the US and across the globe which will shortly result in a depression which will dwarf the one which we suffered through in the 1930?s.  This mood shift is characterized by many things including an increased polarization (politically, socially, regionally and racially) an ?us versus them? mentality and a ?point the finger? blame game which will variously point at ?enemies? both real and imagined, like the Federal Reserve, the ?fat cats? on Wall Street, those in power generally and the federal government.  If that is the case, running a political race which emphasizes a shift away from dependence on the federal government, arguing for possible secession, and blaming the primary opponent as a ?Washington insider? seems like a perfect strategy.  It surely worked since Governor Perry won the primary without a run off when there were two other very well positioned contenders in the primary.  Others running for office should take note.  Using the shifting public mood to guide your campaign strategy is the way to win in the coming bear market ? at least if what I read is any guide. 

Here is a link to an article on Gov. Perry?s big win: http://www.dallasnews.com/sharedcontent/dws/news/politics/state/stories/030310dntexgovrace.16dcec9d6.html

Michael 

Full post as published by Texas Lawyer Blog on March 03, 2010 (boomark / email).