George Bush and his closest advisors fit the model of uncomplicated white-hat, cowboy heroes that EWI has classified as the prototype of a bull market . With that in mind, compare the story above about the suddenly open rebellion against Bush’s Secretary of Defense with this story from April 20, 2003, when the Dow Jones Industrial average was in the midst of a powerful surge.
Rumsfeld Stands Tall After Iraq Victory
Donald H. Rumsfeld stands astride the military establishment as few defense secretaries ever have.
The Washington Post, April 20, 2003
President Bush leapt to Rumsfeld’s defense, but that may hurt more than it helps. As we’ve noted here previously, Bush’s own popularity is sinking fast. Here’s the latest sign that anti-Bush sentiment is amping up:
Neil Young Records "Impeach the President" Song
Neil Young recently recorded a song in California with a very reportorial feel to it. It’s called “Impeach the President.”
Apparently it was recorded with a 100-voice choir.
Last Friday, Alicia Morgan, a Sherman Oaks, Ca. musician/singer, wrote on her blog that she had been “summoned” to a local studio to sing on the new record with 99 others. “I'm not going to give the whole thing away, but the first line of one of the songs was ‘Let's impeach the President for lyin'!’ The session was like being at a 12-hour peace rally. Every time new lyrics would come up on the screen, there were cheers, tears and applause. It was a spiritual experience. I can't believe my good fortune at being a part of this.”
Editor & Publisher, April 14, 2006
It should be out in 6 to 8 weeks. If the Dow is in full retreat by then, it'll be a hit.
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