From CNN in the USA:
California Representative Nancy Pelosi will become the first woman Speaker of the House when Democrats take over the House of Representatives.By early morning, Democrats were projected to win far more than the 15 seats needed to gain a majority for the first time since 1994. Several races were still too close to call.
According to exit polls, voters treated the midterm elections as a national referendum on the Bush administration and the GOP Congress.
The results of Tuesday’s election were a clear repudiation of the Bush administration’s policy in Iraq–in race after race, Democrats who were unequivocal on Iraq prevailed.
Victories in spite of Republican election fraud.
It is to be hoped that Democratic Congressman, John Conyers, Jr., who will be the new chair of the House Judiciary Committee, will proceed with his plans to impeach George W Bush.
Election comment: here.
And here.
And here.
US elections and environment: here.
Elections and trade unions: here.
Referendum results on minimum wage etc.: here.
Elections and humour: here.
Mark Fiore animation: here.
NEW YORK, Nov 8 (Reuters) - U.S. stocks fell on Wednesday after Democrats swept Republicans from power in the U.S. House of Representatives and an undecided Senate race fueled investor caution.
Shares of retailer Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) and drug companies Pfizer Inc. (PFE.N: Quote, Profile, Research) and Merck & Co. (MRK.N: Quote, Profile, Research) slid as investors worried Democrats would not be as friendly to those companies as a Republican-controlled Congress.
The Dow Jones industrial average was down 43.30 points, or 0.36 percent, at 12,113.47. The Standard & Poor’s 500 Index was down 5.44 points, or 0.39 percent, at 1,377.40. The Nasdaq Composite Index was down 15.07 points, or 0.63 percent, at 2,360.81.
© Reuters 2006. All Rights Reserved.
Comment by Administrator — November 8, 2006 @ 10:39 pm