[lbo-talk] Chomsky on Hersh & the leaked info he reported

[Yoshie Furuhashi]

On 4/19/06, Doug Henwood <dhenwood at panix.com> wrote:
> Mike Ballard wrote:
>
> >I think oil was over $70 a barrel today.  Cui bono?  Schrub's Texan oilman
> >pals?
>
> Certainly not Bush's approval ratings, which are strongly negatively
> correlated with the price of gas. A simple linear regression of the
> nominal gas price against W's Gallup approval rating has an r2 of
> .69; of the log of the gas price, .75. Based on this, should gas hit
> $3.00, W's approval rating could hit 30% or below (latest is 37%).

W. is in his second term and doesn't have to hustle to get re-elected,
so he probably no longer cares about his approval rating.

--
Yoshie
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