Reply #52: analyst predict that oil could very well reach $200 per barrel [View All]

over the next six months. http://www.bloomberg.com/apps/news?pid=20601087&sid=armYFIWZS8V0&refer=home

To be fair, it would be a stretch to blame this entirely on John McCain and the Republicans. There are many, many factors effecting the massive rise in oil price. Although it would not be a stretch to assign some of the responsibility to the policies of the Bush Administration.

But regardless whose fault this is, the consequences will reverberate throughout the entire world economy and the incumbent President of the United States and his Party will be held responsible in the eyes of many, many Americans.

There is no doubt that many, many Americans will associate John McCain with the problem.

This has the potential to create for John McCain and the Republicans a political disaster this coming November.

And all of this aside, Rasmussen which has many times be criticized for having a Republican bias reports trending very favorable to the Democrats and very unfavorable to the Republicans. - link:

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/daily_presidential_tracking_poll

"Rasmussen Markets data gives Democrats a 62.4% chance of winning in November (results are updated on a 24/7 basis by market participants)."

"Underlying this dismal outlook for the GOP is the fact that more and more people are considering themselves to be Democrats. In fact, the Democrats now have the largest partisan advantage over the Republicans since Rasmussen Reports began tracking this data on a monthly basis nearly six years ago. " see also this Rasmussen report on Party identity trending: http://rasmussenreports.com/public_content/politics/mood_of_america/party_affiliation/partisan_trends

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And on top of everything else, along with a very low interest level as reflecting in very low primary participation, the Republicans are having a lot of trouble raising money for the Presidential campaigns:

http://www.opensecrets.org/pres08/index.php