Wednesday, May 29, 2013

The S&P 500 has now doubled...

...since President Obama took office and home prices are up ten percent over last year. The economy is clearly recovering.

Now, will the tea party "fever" in Washington finally start to break? Maybe. Rep. Michele Bachmann just announced that she won't run for reelection in 2014. That's one less crazy Republican in Congress. From the AP (my emphasis):

“My decision was not influenced by any concerns about my being re-elected,” Bachmann said. She narrowly won a fourth term in 2012 over Democrat Jim Graves, a hotel chain founder who is running again in 2014.

Bachmann also said, “This decision was not impacted in any way by the recent inquiries into the activities of my former presidential campaign.” In January, a former Bachmann aide filed a complaint with the Federal Election Commission, claiming Bachmann made improper payments to an Iowa state senator who was the state chairman of her 2012 presidential run. The aide, Peter Waldron, also accused Bachmann of other FEC violations.

Let the fever-breaking begin.

No comments: