March 05, 2009

Notes from Venice

I'm here on a chess, whisky and photo trip with an old friend who is a Brooksian moderate squish who used to call himself variously 'conservative' and 'libertarian'. He calls me 'right-wing extremist', ideologue' and 'tosser', oh and now 'spawn of Sarah'. Naturally an old man's thoughts in Venice in the spring turn to US politics. My friend voted for Obama so I'm grinding him into dust with every tick of the stock market and every game of chess. That's the local colour. Now a couple of thoughts:

1. I guess that the market will bottom at about 4,800. It's hitting new lows now at 6,645, down about 46% since Obama permanently took the lead in polls last October.

2. Billary must be grinding their teeth that Hillary accepted SecState. That's gagged Bill. His cutting commentary on Obama was a pleasure of the Nomination contest. If the Harvard Law School dismantling of America goes on much longer, then Hillary would be favourite for Nominee in 2011 except that she's part of the wrecking crew.

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