The Brits are having their own very special Florida 2000 moment. No one won the election yesterday.
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To anyone who ever said that the market knows all and solves all, you are a fool. A computer glitch yesterday coupled with a typo followed by ignorant panic caused the DOW to drop 1000 points in 5 minutes. If the market is that unstable, if the market is run by such incompetents, and is that susciptible to ignorance, it should not be allowed to steer our ship of state.
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Joe Sestak began running a hardhitting ad in his race against Sen. Arlen Specter (R-D) earlier this week, reminding voters that Arlen was once the favorite of our good friends Rick Santorum and George W. Bush, and it has worked. Specter and Sestak are now tied at 43%.
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Meanwhile, in Arkansas, Blanche Lincoln has seen her lead over Bill Halter shrink. In January, she led him 52% to 34%. Now she leads 44% to 32%, a drop of 6 points, and now she is under the 50% mark, a dangerous sign for an incumbent, especially in a primary.
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The wonderful intellectual force that is known as Sarah Palin was tested yesterday. She decided to step into the California GOP Senate primary between failed HP executive Carly Fiorina over Assemb. Chuck DeVore (R) — the candidate who is seen as the most conservative in the race and a favorite of teabaggers. When her upset teabagger fans called her on it, Palin decided to double down on the stupid. Check it out.